EX-10.50
from 10-K/A
1 page
<page> Exhibit: 10.50 Pulitzer Inc. Stock Option Certificate This Certificate Represents an Option ("Option") to Purchase Shares of Common Stock of Pulitzer Inc. (The "Company") Granted to You on 12/10/2003 Under the Pulitzer Inc. 2003 Incentive Plan (The "Plan"). the Basic Features of This Option Grant Are Indicated Below (And Are Subject to Correction by the Company if and to the Extent This Certificate Does Not Accurately Reflect the Terms of the Option Grant). This Option Is Governed by the Terms and Conditions of the Official Plan Document. to Accept This Option and Its Terms, You Must Sign and Return One Copy of This Certificate to Pulitzer Inc., 900 North Tucker Boulevard, St. Louis, Missouri 63101, Attention: Mr. James V. Maloney. by Executing This Certificate, You Acknowledge Receipt of the Plan Document and the Summary Description of the Plan. Name of Optionee: Alan G. Silverglat Social Security Number: Grant Date: December 10, 2003 Number of Shares: 20,000 Exercise Price Per Share: $52.9200 Vesting Schedule: Annual 1/3 Increments for Each Year of Continuing Service From Date of Grant Per Table Below. <table> <caption> Incremental Aggregate Date Vesting Vesting <s> <c> <c> 12/10/2004 6,667 6,667 12/10/2005 6,666 13,333 12/10/2006 6,667 20,000 </Table> Termination of Employment: Death, Disability, Retirement After Age 65 or With Company Consent--Vesting Accelerates; 3 Years to Exercise Other Termination of Employment-- Forfeit Non-Vested Options; 60 Days to Exercise Vested Options Expiration of Option: December 10, 2013--Even if Still Employed or Post-Termination Exercise Period (See Above) Is Still Open Accepted and Agreed to By: Pulitzer Inc. Signature: /S/ Alan G. Silverglat By: /S/ James V. Maloney Alan G. Silverglat James V. Maloney, Secretary
12/34/56