Document:

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                           RESTRICTED STOCK AGREEMENT

         THIS AGREEMENT, made as of <<Date_of_Grant>>, by and between SAGA
COMMUNICATIONS, INC., a Delaware corporation (the "Corporation"), and
<<Employee>> (the "Employee").

                               W I T N E S S E T H

         WHEREAS, the Employee is now employed by the Corporation or a
subsidiary of the Corporation and the Corporation desires to have the Employee
remain in such employment and to afford him the opportunity to acquire, or
enlarge, his stock ownership in the Corporation so that the Employee may have a
direct proprietary interest in the Corporation's success.

         NOW, THEREFORE, in consideration of the covenants and agreements herein
contained, the parties hereto hereby agree as follows:

         1.       GRANT OF RESTRICTED STOCK

                  The Corporation grants to the Employee, and the Employee
accepts from the Corporation, <<Shares_Restricted_Stock>> shares of Class A
Common Stock of the Corporation ("Restricted Stock") subject to the restrictions
and terms contained in this Agreement and the Saga Communications, Inc. 2005
Incentive Compensation Plan (the "Plan"), as amended from time to time. In the
event of a conflict between the terms of this Agreement and the terms of the
Plan, the terms of the Plan shall govern.

         2.       RESTRICTIONS ON TRANSFERABILITY

                  Restricted Stock may not be transferred, pledged, assigned or
otherwise alienated or hypothecated until the lapse of the Restricted Period
specified in Section 4 below. Prior to the end of the Restricted Period, all
rights with respect to Restricted Stock shall be exercisable during the
Participant's lifetime only by the Participant or the Participant's legal
representative. The shares of Restricted Stock will be held in book entry form
under the name of the Plan and Employee will be listed as the beneficial owner
of the Restricted Stock that has not been forfeited or lapsed and issued as
provided in paragraphs 5 and 6 below. Employee shall have voting rights and
shall be entitled to receive dividends and other distributions (provided,
however, that dividends or other distributions paid in any form other than cash
shall be subject to the same restrictions, forfeitability, terms and conditions
as are applicable to the Restricted Stock until such time as the Restricted
Period of the Restricted Stock with respect to which such distributions have
been made, paid or declared, shall have lapsed).

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         3.       CERTIFICATE LEGEND

                  a.       Any certificate representing shares of Restricted
                           Stock shall bear the following legend:

                           "The sale or other transfer of the shares of stock
                           represented by this certificate, whether voluntary,
                           involuntary or by operation of law, is subject to
                           certain restrictions on transfer set forth in the
                           Saga Communications, Inc. 2005 Incentive Compensation
                           Plan (the "Plan"), rules and administrative
                           guidelines adopted pursuant to the Plan and an
                           Agreement dated <<Date_of_Grant>>. A copy of the
                           Plan, such rules and guidelines and such Agreement
                           may be obtained from the Secretary of the
                           Corporation."

                  b.       In addition, if Employee is an affiliate of the
                           Corporation, as such term is defined and interpreted
                           under federal securities law, the certificate shall
                           include the standard legend for "affiliate shares"
                           and may only be transferred or sold in accordance
                           with federal securities laws.

         4.       RESTRICTED PERIOD

                  The Restricted Period for portions of Restricted Stock granted
under this Agreement shall lapse according to the following schedule:

<TABLE>
<CAPTION>
                                           PORTION OF RESTRICTED STOCK FOR
ANNIVERSARIES OF DATE OF GRANT                WHICH RESTRICTIONS LAPSE
<S>                                        <C>
         March 1, 2006                                   20%
         March 1, 2007                                   20%
         March 1, 2008                                   20%
         March 1, 2009                                   20%
         March 1, 2010                                   20%
</TABLE>

         Notwithstanding the foregoing schedule, the Restricted Period shall
lapse with respect to all Restricted Stock upon the occurrence of a Change in
Control of the Corporation, as defined in the Plan, or if the Committee
determines that a Change in Control has occurred, if Employee is an "employee,"
as defined in the Plan, upon the occurrence or deemed occurrence of such Change
in Control. With respect to any fractional shares resulting from the application
of the 20% times the total amount of the Restricted Stock, such fractional
shares shall cumulate and be distributed on the lapsing of the last Anniversary
Date. If this is not possible, Employee will receive the cash value of any
remaining fractional shares.

                                       2
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         5.       TERMINATION OF EMPLOYMENT

                  If the status of Employee as an "employee" as defined in the
Plan) of the Corporation terminates for any reason prior to the lapse of the
Restricted Period, any shares of Restricted Stock as to which the Restricted
Period has not yet lapsed shall be forfeited by Employee. Whether an authorized
leave of absence or absence for military or government service shall constitute
termination of employment shall be determined by the Committee authorized to
administer the Plan; and such Committee shall determine whether a termination is
with or without Cause, a voluntary retirement, or due to Disability. The term
"subsidiary" as used in this Agreement shall mean any subsidiary of the
Corporation as defined in Section 424(f) of the Code. The term "parent" as used
in this Agreement shall mean any parent of the Corporation as defined in Section
424 of the Code.

         6.       ISSUANCE OF SHARES

                  Upon the lapse of the Restricted Period with respect to
portions of Restricted Stock, Employee shall be entitled to (i) delivery of
certificates representing shares of the common stock of the Corporation formerly
restricted (and any applicable stock distributions) and to have removed from
such certificates the legend required by Article 3a above, or, (ii) in the case
of Restricted Stock Units, at the option of the Employee, payment of the
equivalent cash value of such common stock. Transfer by the Corporation of such
shares or payment of cash shall occur as promptly as practicable after the lapse
of the relevant Restricted Period.

         7.       COMPLIANCE WITH LAW AND REGULATIONS

                  This Agreement and the obligation of the Corporation to
deliver shares hereunder, shall be subject to all applicable Federal and State
laws, rules and regulations and to such approvals by any government or
regulatory agency as may be required. The Corporation shall not be required to
issue or deliver any certificates for shares of stock prior to (a) the listing
of such shares on any stock exchange in which the stock may then be listed and
(b) the completion of any registration or qualification of such shares under any
Federal or State law, or any rule or regulation of any government body which the
Corporation shall, in its sole discretion, determine to be necessary or
advisable. Moreover, the Corporation shall not be required to deliver shares if
the transfer or the receipt of such shares of stock would be contrary to
applicable law.

         8.       NOTICE

                  Every notice or other communication relating to this Agreement
shall be in writing, and shall be mailed to or delivered to the party for whom
it is intended at such address as may from time to time be designated by it in a
notice mailed or delivered to the other party as herein provided; provided that,
unless and until some other address is so designated, all notices or
communications by the Employee to the Corporation shall be mailed or delivered
to the Corporation at its office at 73 Kercheval Avenue, Grosse Pointe Farms, MI
48236, Attention: Chief Financial Officer, and all notices or communications by
the Corporation to the Employee may be given to the Employee personally or may
be mailed to him or her at the address shown below his or her signature to this
Agreement.

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         9.       ADJUSTMENTS

                  The provisions of Article VI of the Plan are incorporated
herein.

         10.      NO RIGHT TO CONTINUED EMPLOYMENT

                  This Agreement shall not confer upon Employee any right with
respect to continuance of employment by the Corporation or any subsidiary or
parent, nor shall it interfere in any way with the right of the Employee's
employer to terminate his employment at any time.

         11.      EMPLOYEE BOUND BY PLAN

Employee hereby acknowledges receipt of a copy of the Plan and agrees to be
bound by all terms and provisions thereof.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
the day and year first above written.

                                        SAGA COMMUNICATIONS, INC.

                                        By:_____________________________________
                                               Marcia K. Lobaito
                                               Sr. Vice President/Secretary

EMPLOYEE:

<<Employee>>

__________________________________
Signature

__________________________________
Social Security Number

<<Address_Line_1>>
<<City>>, <<State>> <<ZIP_Code>>

                                       4<PAGE>
                             STOCK OPTION AGREEMENT

         THIS AGREEMENT, made as of <<Date_of_Grant>>, by and between SAGA
COMMUNICATIONS, INC., a Delaware corporation (the "Corporation"), and
<<Employee>> (the "Optionee").

                               W I T N E S S E T H

         WHEREAS, the Optionee is now employed by the Corporation or a
subsidiary of the Corporation and the Corporation desires to have the Optionee
remain in such employment and to afford Optionee the opportunity to acquire, or
enlarge, Optionee's stock ownership in the Corporation so that the Optionee may
have a direct proprietary interest in the Corporation's success.

         NOW, THEREFORE, in consideration of the covenants and agreements herein
contained, the parties hereto hereby agree as follows:

         1.       GRANT OF NON-QUALIFIED STOCK OPTION

                  Subject to the terms and conditions set forth herein and in
the Saga Communications, Inc. 2005 Incentive Compensation Plan, as amended from
time to time (the "Plan"), the Corporation hereby grants to the Optionee a
Non-Qualified stock option (as defined in the Plan) (the "Option") entitling the
Optionee, during the period set forth in Article 3 of this Agreement, to
purchase from the Corporation up to, but not exceeding in the aggregate,
<<Number_of_Shares>> shares of the Corporation's Class A Common Stock, ("Class A
Common Stock"), at a price per share of <<Price_Per_Share>>, subject to
adjustment as provided in Article 10 below. In the event of a conflict between
the terms of this Agreement and the terms of the Plan, the terms of the Plan
shall govern.

         2.       VESTING AND EXERCISE OF OPTION

                  The Option shall not be vested to any extent and may not be
exercised prior to <<First_Vesting_Date>>. Subject to the terms and conditions
set forth herein, the Option shall be vested and exercisable beginning on
<<First_Vesting_Date>>, to the extent of 20% of the shares covered thereby, and
an additional 20% beginning on March 1 of each of the years 2007, 2008, 2009 and
2010, provided, however, that Optionee is an "Employee" (as defined in the Plan)
on the applicable date of vesting. If Optionee is not an "Employee" on the
vesting date, the Option and the underlying shares of common stock shall be
forfeited. In the event that the Optionee's employment by the Corporation is
terminated for Cause (as defined in the Plan), the vesting of the Option shall
cease immediately upon the date of termination, and any vested but unexercised
portion of the Option shall not be exercisable to any extent. All Options shall
become fully vested and exercisable in full upon the occurrence of a Change in
Control, as defined in the Plan, or if the Committee determines that a Change in
Control has occurred, if Optionee is an Employee (as defined in the Plan) at the
time of such occurrence. Whether an authorized leave of absence or absence on
military or government service shall constitute termination of employment shall
be determined by the Committee authorized to administer the Plan; and such

<PAGE>

Committee shall determine whether a termination is with or without Cause, a
voluntary retirement, or due to Disability (as defined in the Plan).

         3.       OPTION PERIOD

                  The vested and exercisable portion of the Option, as
determined in accordance with Article 2 of this Agreement, may be exercised for
a period of ten (10) years from the date hereof; provided, however, that if the
Optionee is terminated: (1) for Cause, any unexercised portion of the Option
(whether then exercisable or not) shall, as of the time of the Cause
determination, immediately terminate, (2) due to death or Disability, then the
Option, to the extent that it is exercisable on the date of termination, shall
be exercisable only until the earlier of the one year anniversary of such
termination or ten (10) years from the date hereof; (3) for any other reason
(except as provided in the next sentence), then the Option, to the extent that
it is exercisable on the date of termination, shall be exercisable only until
the earlier of the three month anniversary of such termination or ten (10) years
from the date hereof. If, on or after the date that the Option first becomes
exercisable, Optionee's status as an Employee is terminated due to retirement,
or is terminated involuntarily (other than for Cause or due to death or
Disability) within 6 months following a Change in Control, then the Option shall
be exercisable until ten (10) years from the date hereof.

         4.       METHOD OF EXERCISING OPTIONS

                  During the period when the Option may by its terms be
exercised, the Optionee may from time to time exercise the Option in whole or in
part by delivering to the Corporation: (i) a written notice duly signed by the
Optionee, stating the number of shares that the Optionee has elected to purchase
at that time from the Corporation, and (ii) by payment utilizing any of the
methods described in Article 2.3 of the Plan.

         5.       ISSUANCE OF SHARES

                  As promptly as practical after receipt of such written
notification and consideration, the Corporation shall issue or transfer to the
Optionee the number of shares with respect to which the Option has been so
exercised and shall deliver to the Optionee a certificate or certificates
therefore in the Optionee's name.

         6.       DEFINITIONS

                  (a) The term "subsidiary" as used in this Agreement shall mean
any subsidiary of the Corporation as defined in Section 424(f) of the Code.

                  (b) The term "parent" as used in this Agreement shall mean any
parent of the Corporation as defined in Section 424(e) of the Code.

                  (c) Whenever the word "Optionee" is used in any provision of
this Agreement under circumstances where the provision should logically be
construed to apply to the executors, the administrators, or the person or
persons to whom the Option may be transferred by will or by the laws of descent
and distribution or pursuant to a qualified domestic relations order as defined
by the Code or ERISA, the word "Optionee" shall be deemed to include such person
or persons.

<PAGE>

         7.       NON-TRANSFERABILITY

                  The Option is not transferable by the Optionee otherwise than
by will or the laws of descent and distribution or pursuant to a qualified
domestic relations order and is exercisable during the Optionee's lifetime only
by him. No assignment or transfer of the Option, or of the rights represented
thereby, whether voluntary or involuntary, by operation of law or otherwise
(except by will or the laws of descent and distribution or pursuant to a
qualified domestic relations order, provided that the Corporation is furnished
with written notice of the transfer by will or the laws of descent and
distribution or pursuant to a qualified domestic relations order and a copy of
the will, order and/or such other evidence as the Committee authorized to
administer the Plan may deem necessary to establish to its satisfaction the
validity of the transfer and the acceptance by the transferee or transferees of
the terms and conditions of the Option), shall vest in the assignee or
transferee any interest or right herein whatsoever, but immediately upon such
assignment or transfer the Option shall terminate and become of no further
effect.

         8.       COMPLIANCE WITH LAW AND REGULATIONS

                  This Option and the obligation of the Corporation to sell and
deliver shares hereunder, shall be subject to all applicable Federal and State
laws, rules and regulations and to such approvals by any government or
regulatory agency as may be required. The Corporation shall not be required to
issue or deliver any certificates for shares of stock prior to (a) the listing
of such shares on any stock exchange in which the stock may then be listed and
(b) the completion of any registration or qualification of such shares under any
Federal or State law, or any rule or regulation of any government body which the
Corporation shall, in its sole discretion, determine to be necessary or
advisable. Moreover, this Option may not be exercised if its exercise, or the
receipt of shares of stock pursuant thereto, would be contrary to applicable
law.

         9.       NOTICE

                  Every notice or other communication relating to this Agreement
shall be in writing, and shall be mailed to or delivered to the party for whom
it is intended at such address as may from time to time be designated by it in a
notice mailed or delivered to the other party as herein provided; provided that,
unless and until some other address is so designated, all notices or
communications by the Optionee to the Corporation shall be mailed or delivered
to the Corporation at its office at 73 Kercheval Avenue, Grosse Pointe Farms, MI
48236, Attention: Chief Financial Officer, and all notices or communications by
the Corporation to the Optionee may be given to the Optionee personally or may
be mailed to him or her at the address shown below his or her signature to this
Agreement.

<PAGE>

         10.      ADJUSTMENTS

                  The provisions of Article VI of the Plan are incorporated
herein.

         11.      NO RIGHTS AS STOCKHOLDER

                  Optionee shall have no rights as a stockholder with respect to
any shares of stock subject to this Option prior to the date of issuance to him
of a certificate or certificates for such shares.

         12.      NO RIGHT TO CONTINUED EMPLOYMENT

                  This Option shall not confer upon Optionee any right with
respect to continuance of employment by the Corporation or any subsidiary or
parent, nor shall it interfere in any way with the right of the Optionee's
employer to terminate his employment at any time.

         13.      OPTIONEE BOUND BY PLAN

                  Optionee hereby acknowledges receipt of a copy of the Plan and
agrees to be bound by all terms and provisions thereof.

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement on
the day and year first above written.

                                        SAGA COMMUNICATIONS, INC.

                                        By:_____________________________________
                                                 Marcia K. Lobaito
                                                 Sr. Vice President/Secretary

OPTIONEE:

<<Employee>>

__________________________________
Signature

__________________________________
Social Security Number

<<Address_Line_1>>
<<City>>, <<State>> <<ZIP_Code>>

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