Document:

EX-10.41

 Exhibit 10.41 

Execution Copy 
 PLEDGE
AGREEMENT 
 THIS PLEDGE AGREEMENT (this “Pledge Agreement”) is entered into as of June 4, 2014, among
NEW MEDIA HOLDINGS II LLC, a Delaware limited liability company (the “Borrower”), NEW MEDIA HOLDINGS I LLC, a Delaware limited liability company (together with its successors and/or assigns,
“Holdings”), each of the Subsidiary Guarantors from time to time party hereto (together with the Holdings, individually a “Guarantor” and collectively the “Guarantors”; the Guarantors, together with
the Borrower, individually a “Pledgor” and collectively the “Pledgors”) and CITIZENS BANK OF PENNSYLVANIA, in its capacity as Administrative Agent under the Credit Agreement referred to below (in such
capacity, the “Administrative Agent”) for the several banks and other financial institutions as may from time to time become parties to such Credit Agreement (individually a “Lender” and collectively the
“Lenders”). 
 RECITALS 

WHEREAS, pursuant to that certain Credit Agreement dated as of the date hereof (as amended, modified, extended, restated, replaced, or
supplemented from time to time, the “Credit Agreement”), among the Borrower, Holdings, the Lenders party thereto and the Administrative Agent, the Lenders have agreed to make Loans and to issue and/or acquire participation interests
in Letters of Credit upon the terms and subject to the conditions set forth therein; and 
 WHEREAS, it is a condition precedent to
the effectiveness of the Credit Agreement and the obligations of the Lenders to make their respective Loans and to issue and/or acquire participation interests in Letters of Credit under the Credit Agreement that the Pledgors shall have executed and
delivered this Pledge Agreement to the Administrative Agent for the ratable benefit of the Lenders and the other Secured Parties. 
 NOW,
THEREFORE, in consideration of these premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 

1. Definitions. Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to such terms in the
Credit Agreement, and the following terms that are defined in the Uniform Commercial Code from time to time in effect in the State of New York (the “UCC”) are used herein as so defined: Certificated Security, Entitlement Order,
Financial Asset, Investment Company Security, Securities Account, Security, Security Entitlement, Securities Intermediary and Uncertificated Security. 

2. Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due, whether by lapse of time or
otherwise, of the Obligations, each Pledgor hereby pledges and grants to the Administrative Agent, for the ratable benefit of the Secured Parties, a continuing security interest in any and all right, title and interest of such Pledgor in and to the
following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”): 

 (a) Pledged Equity Interests. (i) 100% (or, if less, the full amount
owned by such Pledgor) of the issued and outstanding Equity Interests owned by such Pledgor of each Domestic Subsidiary set forth on Schedule 3.15 to the Credit Agreement and (ii) 65% (or, if less, the full amount owned by such Pledgor)
of each class of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) (“Voting Equity”) and 75% (or, if less, the full amount owned by such Pledgor) of each
class of the issued and outstanding Equity Interests not entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) (“Non-Voting Equity”) owned by such Pledgor of each first-tier Foreign Subsidiary set forth on
Schedule 3.15 to the Credit Agreement (collectively, together with the Equity Interests and other interests described in clauses (y) and (z) and in Sections 2(b) and 2(c) below, the “Pledged Equity
Interests”), including, but not limited to, the following: 
 (y) subject to the percentage restrictions described
above and in Section 2(b) below, all shares, securities, membership interests or other equity interests representing a dividend on any of the Pledged Equity Interests, or representing a distribution or return of capital upon or in respect of
the Pledged Equity Interests, or resulting from a stock split, revision, reclassification or other exchange therefor, and any subscriptions, warrants, rights or options issued to the holder of, or otherwise in respect of, the Pledged Equity
Interests; and 
 (z) subject to the percentage restrictions described above and in Section 2(b) below and without
affecting the obligations of the Pledgors under any provision prohibiting such action hereunder or under the Credit Agreement, in the event of any consolidation or merger involving the issuer of any Pledged Equity Interest and in which such issuer
is not the surviving entity, all shares of each class of the Equity Interests of the successor entity formed by or resulting from such consolidation or merger. 

(b) Additional Interests. (i) 100% (or, if less, the full amount owned by such Pledgor) of each class of the issued
and outstanding Equity Interests owned or acquired by such Pledgor of any Person which hereafter becomes a Domestic Subsidiary and (ii) 65% (or, if less, the full amount owned by such Pledgor) of the Voting Equity and 75% (or, if less, the full
amount owned by such Pledgor) of the Non-Voting Equity owned or acquired by such Pledgor of any Person which hereafter becomes a first-tier Foreign Subsidiary, including, without limitation, the certificates representing such Equity Interests. 

(c) Other Equity Interests. Subject to the percentage restrictions described above, any and all other Equity Interests
owned by the Pledgors in any Domestic Subsidiary or any first-tier Foreign Subsidiary. 

  
 2 

 (d) Proceeds. All proceeds and products of the foregoing, however and
whenever acquired and in whatever form. 
 Without limiting the generality of the foregoing, it is hereby specifically understood and agreed
that a Pledgor may from time to time hereafter pledge and deliver additional shares of Equity Interests to the Administrative Agent as collateral security for the Obligations. Upon such pledge and delivery to the Administrative Agent, such
additional shares of Equity Interests shall be deemed to be part of the Pledged Collateral of such Pledgor and shall be subject to the terms of this Pledge Agreement whether or not Schedule 3.15 to the Credit Agreement is amended to
refer to such additional shares. 
 Notwithstanding the foregoing grant of a security interest, this Pledge Agreement shall not constitute a
grant of a security interest in (and the “Pledged Collateral” shall not include) any Excluded Assets. 
 3. Security for
Obligations. The security interest created hereby in the Pledged Collateral of each Pledgor constitutes continuing collateral security for all of the Obligations, whether now existing or hereafter incurred. 

4. Delivery of the Pledged Collateral; Perfection of Security Interest. Each Pledgor hereby agrees that: 

(a) Delivery of Certificates and Instruments. Each Pledgor shall deliver as security to the Administrative Agent
(i) simultaneously with or prior to the execution and delivery of this Pledge Agreement, all certificates representing the Pledged Equity Interests owned by such Pledgor and (ii) promptly upon the receipt thereof by or on behalf of a
Pledgor, all other certificates and instruments constituting Pledged Collateral owned by a Pledgor. Prior to delivery to the Administrative Agent, all such certificates and instruments constituting Pledged Collateral of a Pledgor shall be held in
trust by such Pledgor for the benefit of the Administrative Agent pursuant hereto. All such certificates shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in
blank, substantially in the form provided in Exhibit A attached hereto. 
 (b) Additional Securities. Subject to the
percentage restrictions set forth in Section 2, if such Pledgor shall receive by virtue of its being or having been the owner of any Pledged Collateral, any (i) certificate, including without limitation, any certificate representing a
dividend or distribution in connection with any increase or reduction of capital, reclassification, merger, consolidation, sale of assets, combination of Equity Interests, stock splits, spin-off or split-off, promissory notes or other instruments;
(ii) option or right, whether as an addition to, substitution for, or an exchange for, any Pledged Collateral or otherwise; (iii) dividends payable in Equity Interests; or (iv) distributions of Equity Interests in connection with a
partial or total liquidation, dissolution or reduction of capital, capital surplus or paid-in surplus, then such Pledgor shall receive such certificate, instrument, option, right or distribution in trust for the

  
 3 

 
benefit of the Administrative Agent, shall segregate it from such Pledgor’s other property and shall deliver it forthwith to the Administrative Agent in the exact form received accompanied
by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit A attached hereto, to be held by the Administrative Agent as Pledged Collateral and as further collateral security for the
Obligations. 
 (c) Financing Statements; Other Perfection Actions. Each Pledgor hereby authorizes the Administrative
Agent to prepare and file such financing statements (including continuation statements) or amendments thereof or supplements thereto or other instruments as the Administrative Agent may from time to time deem reasonably necessary or appropriate in
order to perfect and maintain the security interests granted hereunder in accordance with the UCC, including, without limitation, any financing statement that describes the Pledged Collateral as “all personal property” or “all
assets” of such Pledgor. Each Pledgor shall also execute and deliver to the Administrative Agent and/or file such agreements, assignments or instruments (including affidavits, notices, reaffirmations, amendments and restatements of existing
documents, and any documents as may be necessary if the law of any jurisdiction other than New York becomes or is applicable to the Collateral or any portion thereof, in each case as the Administrative Agent may reasonably request) and do all such
other things as the Administrative Agent may reasonably deem necessary or appropriate to perfect the Administrative Agent’s security interests hereunder, including such financing statements (including continuation statements) or amendments
thereof or supplements thereto or other instruments as the Administrative Agent may from time to time reasonably request in order to perfect and maintain the security interests granted hereunder in accordance with the UCC and any other personal
property security legislation in the appropriate jurisdictions. 
 (d) Provisions Relating to Uncertificated Securities,
Security Entitlements and Securities Accounts. The Pledgors shall promptly notify the Administrative Agent of any Pledged Collateral consisting of an Uncertificated Security or a Security Entitlement or any Pledged Collateral held in a
Securities Account. With respect to any such Pledged Collateral, (a) the applicable Pledgor and the applicable issuer of the Uncertificated Security or the applicable Securities Intermediary shall enter into, upon the reasonable request of the
Administrative Agent, an agreement with the Administrative Agent granting control to the Administrative Agent over such Pledged Collateral, such agreement to be in form and substance reasonably satisfactory to the Administrative Agent and
(b) the Administrative Agent shall be entitled, upon the occurrence and during the continuance of a Default or an Event of Default, to notify the applicable issuer of the Uncertificated Security or the applicable Securities Intermediary that it
should follow the instructions or the Entitlement Orders, respectively, of the Administrative Agent and no longer follow the instructions or the Entitlement Orders, respectively, of the applicable Pledgor. Upon receipt by a Pledgor of notice from a
Securities Intermediary of its intent to terminate the Securities Account of such Pledgor held by such Securities Intermediary, prior to the termination of such Securities Account the Pledged Collateral in such Securities Account shall be
(i) transferred to a new Securities Account, upon the request 

  
 4 

 
of the Administrative Agent, which shall be subject to a control agreement as provided above or (ii) transferred to an account held by the Administrative Agent (in which it will be held
until a new Securities Account is established). 
 (e) Notwithstanding anything to the contrary contained herein, the
certificates representing the Pledged Equity Interests owned by any Pledgor in Pro Football Weekly, LLC, The Santa Cruz County Sentinel, Inc., The Traverse City Record-Eagle, Inc., The Daily Independent, Inc. or Chapel Hill Publishing Co, Inc. shall
not be required to be delivered to the Administrative Agent unless and until any such entity owns any material assets or is engaged in any material operations or business. 

5. Representations and Warranties. Each Pledgor hereby represents and warrants to the Administrative Agent, for the benefit of the
Secured Parties that: 
 (a) Authorization of Pledged Equity Interests. The Pledged Equity Interests are duly
authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other shares of Equity Interests constituting Pledged Collateral are duly authorized and validly issued, fully paid and
nonassessable and not subject to the preemptive rights of any Person. 
 (b) Title. Each Pledgor has good and
indefeasible title to the Pledged Collateral of such Pledgor and will at all times be the legal and beneficial owner of such Pledged Collateral free and clear of any Lien, other than Liens permitted by Section 6.3 of the Credit Agreement. There
exists no “adverse claim” within the meaning of Section 8-102 of the UCC with respect to the Pledged Equity Interests of such Pledgor. 

(c) Exercising of Rights. The exercise by the Administrative Agent of its rights and remedies hereunder will not violate
any material restriction relating to any Pledged Equity. 
 (d) Pledgor’s Authority. No authorization, approval
or action by, and no notice or filing with any Governmental Authority, the issuer of any Pledged Equity Interests or third party is required either (i) for the pledge made by a Pledgor or for the granting of the security interest by a Pledgor
pursuant to this Pledge Agreement or (ii) for the exercise by the Administrative Agent or the Secured Parties of their rights and remedies hereunder (except as may be required by laws affecting the offering and sale of securities). 

(e) Security Interest/Priority. This Pledge Agreement creates a valid security interest in favor of the Administrative
Agent for the ratable benefit of the Secured Parties, in the Pledged Collateral. The taking possession by the Administrative Agent of the certificates (if any) representing the Pledged Equity Interests and all other certificates and instruments
constituting Pledged Collateral will perfect and establish the first priority of the Administrative Agent’s security interest in all certificated Pledged Equity Interests constituting securities and such certificates and instruments, subject
only to the Liens 

  
 5 

 
permitted by Section 6.3 of the Credit Agreement. Upon the filing of UCC financing statements in the location of each Pledgor’s state of organization, the Administrative Agent shall
have a first priority perfected security interest in all uncertificated Pledged Equity Interests consisting of partnership or limited liability company interests that do not constitute a Security pursuant to Section 8-103(c) of the UCC, subject
only to Liens permitted by Section 6.3 of the Credit Agreement. With respect to any Pledged Collateral consisting of an Uncertificated Security or a Security Entitlement or any Pledged Collateral held in a Securities Account, upon execution and
delivery by the applicable Pledgor, the Administrative Agent and the applicable Securities Intermediary or the applicable issuer of the Uncertificated Security of an agreement granting control to the Administrative Agent over such Pledged
Collateral, the Administrative Agent shall have a first priority perfected security interest in such Pledged Collateral, subject only to the Liens permitted by Section 6.3 of the Credit Agreement. Except as set forth in this Section, no action
is necessary to perfect the Administrative Agent’s security interest. 
 (f) No Other Equity Interests. Except as
set forth on Schedule 3.15 to the Credit Agreement, as of the Closing Date or as of the last date such Schedule was updated in accordance with the terms hereof and of the Credit Agreement, no Pledgor owns any Equity Interest of the
Borrower or any of its Domestic Subsidiaries or any of its first-tier Foreign Subsidiaries. 
 (g) Partnership and Limited
Liability Company Interests. Except as previously disclosed in writing to the Administrative Agent, none of the Pledged Equity Interests consisting of partnership or limited liability company interests (i) is dealt in or traded on a
securities exchange or in a securities market, (ii) by its terms expressly provides that it is a Security governed by Article 8 of the UCC, (iii) is an Investment Company Security, (iv) is held in a Securities Account or
(v) constitutes a Security or a Financial Asset. 
 6. Covenants. Each Pledgor hereby covenants, that so long as any of the
Obligations (other than contingent indemnity obligations that survive termination of the Loan Documents pursuant to the stated terms thereof) remain outstanding or any Loan Document is in effect, and until all of the Commitments shall have been
terminated, such Pledgor shall: 
 (a) Defense of Title. Warrant and defend title to and ownership of the Pledged
Collateral of such Pledgor at its own expense against the claims and demands of all other parties claiming an interest therein; keep the Pledged Collateral free from all Liens, other than Liens permitted by Section 6.3 of the Credit Agreement;
and not sell, exchange, transfer, assign, lease or otherwise dispose of Pledged Collateral of such Pledgor or any interest therein, except as permitted under the Credit Agreement and the other Loan Documents. 

 

  
 6 

 (b) Further Assurances. Promptly execute and deliver at its expense all
further instruments and documents and take all further action that may be necessary and desirable or that the Administrative Agent may reasonably request in order to (i) perfect 

and protect the security interest created hereby in the Pledged Collateral of such Pledgor (including, without limitation, execution and
delivery of one or more control agreements reasonably acceptable to the Administrative Agent, filing of UCC financing statements and any and all other actions reasonably necessary to satisfy the Administrative Agent that the Administrative Agent has
obtained a first priority (subject to Liens permitted by Section 6.3 of the Credit Agreement) perfected security interest in all Pledged Collateral); (ii) enable the Administrative Agent to exercise and enforce its rights and remedies
hereunder in respect of the Pledged Collateral of such Pledgor; and (iii) otherwise effect the purposes of this Pledge Agreement, including, without limitation, and if requested by the Administrative Agent, delivering to the Administrative
Agent irrevocable proxies in respect of the Pledged Collateral of such Pledgor. 
 (c) Amendments. Not make or consent
to any amendment or other modification or waiver with respect to any of the Pledged Collateral of such Pledgor or enter into any agreement or allow to exist any restriction with respect to any of the Pledged Collateral of such Pledgor, in each case
to the extent such amendment, modification, waiver or restriction, taken as a whole with all such amendments, modifications, waivers and restrictions since the Closing Date, adversely affects the security interests (or the perfection or priority
thereof) granted hereunder, other than pursuant hereto or as may be permitted under the Credit Agreement. 
 (d) Issuance
or Acquisition of Equity Interests. Not without executing and delivering, or causing to be executed and delivered, to the Administrative Agent such agreements, documents and instruments as the Administrative Agent may reasonably require, issue
or acquire any Equity Interest or hold any Pledged Equity Interests that consists of an interest in a partnership or a limited liability company which (i) is dealt in or traded on a securities exchange or in a securities market, (ii) by
its terms expressly provides that it is a Security governed by Article 8 of the UCC, (iii) is an Investment Company Security, (iv) is held in a Securities Account or (v) constitutes a Security or a Financial Asset. 

7. Performance of Obligations; Advances by Administrative Agent. On failure of any Pledgor to perform any of the covenants and
agreements contained herein, the Administrative Agent may, at its sole option and in its sole discretion, perform or cause to be performed the same and in so doing may expend such sums as the Administrative Agent may reasonably deem advisable in the
performance thereof, including, without limitation, the payment of any insurance premiums, the payment of any taxes, a payment to obtain a release of a Lien or potential Lien, expenditures made in defending against any adverse claim and all other
expenditures which the Administrative Agent may make for the protection of the security interest hereof or may be compelled to make by operation of law. All such sums and amounts so expended shall be repayable by the Pledgors on a joint and several
basis promptly upon timely notice thereof and demand therefor, shall constitute additional Obligations. No such performance of any covenant or agreement by the Administrative Agent on behalf of any Pledgor, and no such advance or expenditure
therefor, shall relieve the Pledgors of any default under the terms of this Pledge Agreement or the other Loan Documents. The Administrative 

  
 7 

 
Agent may make any payment hereby authorized in accordance with any bill, statement or estimate procured from the appropriate public office or holder of the claim to be discharged without inquiry
into the accuracy of such bill, statement or estimate or into the validity of any tax assessment, sale, forfeiture, tax lien, title or claim except to the extent such payment is being contested in good faith by a Pledgor in appropriate proceedings
and against which adequate reserves are being maintained in accordance with GAAP. 
 8. [Intentionally Omitted]. 

9. Remedies. 

(a) General Remedies. Upon the occurrence of an Event of Default and during the continuation thereof, the Administrative
Agent shall have, in respect of the Pledged Collateral of any Pledgor, in addition to the rights and remedies provided herein, in the other Loan Documents, or by law, the rights and remedies of a secured party under the UCC or any other applicable
law. 
 (b) Sale of Pledged Collateral. Upon the occurrence of an Event of Default and during the continuation
thereof, without limiting the generality of this Section and without notice, the Administrative Agent may, in its sole discretion, sell or otherwise dispose of or realize upon the Pledged Collateral, or any part thereof, in one or more parcels, at
public or private sale, at any exchange or broker’s board or elsewhere, at such price or prices and on such other terms as the Administrative Agent may deem commercially reasonable, for cash, credit or for future delivery or otherwise in
accordance with applicable law. To the extent permitted by law, any Secured Party may in such event, bid for the purchase of such securities. Each Pledgor agrees that, to the extent notice of sale shall be required by law and has not been waived by
such Pledgor, any requirement of reasonable notice shall be met if notice, specifying the place of any public sale or the time after which any private sale is to be made, is personally served on or mailed, postage prepaid, to such Pledgor, in
accordance with the notice provisions of Section 9.2 of the Credit Agreement at least ten (10) days before the time of such sale. The Administrative Agent shall not be obligated to make any sale of Pledged Collateral of such Pledgor
regardless of notice of sale having been given. The Administrative Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time
and place to which it was so adjourned. 
 (c) Private Sale. Upon the occurrence of an Event of Default and during the
continuation thereof, the Pledgors recognize that it may be impracticable to effect a public sale of all or any part of the Pledged Collateral and that the Administrative Agent may, therefore, determine to make one or more private sales of any such
Pledged Collateral to a restricted group of purchasers who will be obligated to agree, among other things, to acquire such Pledged Collateral for their own account, for investment and not with a view to the distribution or resale thereof. Each
Pledgor acknowledges that any such private sale may be at prices and on terms less favorable to the seller than the prices 

  
 8 

 
and other terms which might have been obtained at a public sale and, notwithstanding the foregoing, agrees that such private sale shall have been made in a commercially reasonable manner and that
the Administrative Agent shall have no obligation to delay sale of any such Pledged Collateral for the period of time necessary to permit the issuer of such Pledged Collateral to register such Pledged Collateral for public sale under the Securities
Act of 1933. 
 (d) Retention of Pledged Collateral. In addition to the rights and remedies hereunder, upon the
occurrence of an Event of Default and during the continuation thereof, the Administrative Agent may, after providing the notices required by Sections 9-620 and 9-621 of the UCC (or any successor sections of the UCC) or otherwise complying with the
notice requirements of applicable law of the relevant jurisdiction, accept or retain all or any portion of the Pledged Collateral in satisfaction of the Obligations. Unless and until the Administrative Agent shall have provided such notices,
however, the Administrative Agent shall not be deemed to have retained any Pledged Collateral in satisfaction of any Obligations for any reason. 

(e) Deficiency. In the event that the proceeds of any sale, collection or realization are insufficient to pay all
amounts to which the Administrative Agent or the Secured Parties are legally entitled, the Pledgors shall be jointly and severally liable for the deficiency, together with interest thereon at a rate calculated in accordance with Section 2.12(a)
through (c) of the Credit Agreement together with the costs of collection and the reasonable fees of any attorneys employed by the Administrative Agent to collect such deficiency. Any surplus remaining after the full payment and satisfaction of
the Obligations shall be returned to the Pledgors or to whomsoever a court of competent jurisdiction shall determine to be entitled thereto. 

(f) Other Security. To the extent that any of the Obligations are now or hereafter secured by property other than the
Pledged Collateral (including, without limitation, real and other personal property owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Administrative Agent shall have the right to proceed against such other
property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Administrative Agent shall have the right, in its sole discretion, to determine which rights, security, Liens, security interests or
remedies the Administrative Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or any of the Administrative Agent’s rights or the Obligations under
this Pledge Agreement or under any other of the Loan Documents. 
 10. Rights of the Administrative Agent. 

(a) Power of Attorney. Each Pledgor hereby designates and appoints the Administrative Agent, on behalf of the Secured
Parties, and each of its designees or agents as attorney-in-fact of such Pledgor, irrevocably and with power of substitution, with authority to take any or all of the following actions upon the occurrence and during the continuation of an Event of
Default: 

  
 9 

 (i) to demand, collect, settle, compromise, adjust and give discharges and
releases concerning the Pledged Collateral of such Pledgor, all as the Administrative Agent may reasonably determine in respect of such Pledged Collateral; 

(ii) to commence and prosecute any actions at any court for the purposes of collecting any of the Pledged Collateral and
enforcing any other right in respect thereof; 
 (iii) to defend, settle, adjust or compromise any action, suit or proceeding
brought with respect to the Pledged Collateral and, in connection therewith, give such discharge or release as the Administrative Agent may deem reasonably appropriate; 

(iv) to pay or discharge taxes, Liens, security interests, or other encumbrances levied or placed on or threatened against the
Pledged Collateral; 
 (v) to direct any parties liable for any payment under any of the Pledged Collateral to make payment
of any and all monies due and to become due thereunder directly to the Administrative Agent or as the Administrative Agent shall direct; 

(vi) to receive payment of and receipt for any and all monies, claims, and other amounts due and to become due at any time in
respect of or arising out of any Pledged Collateral of such Pledgor; 
 (vii) to sign and endorse any drafts, assignments,
proxies, stock powers, verifications, notices and other documents relating to the Pledged Collateral of such Pledgor; 

(viii) to execute and deliver and/or file all assignments, conveyances, statements, financing statements, continuation
statements, pledge agreements, affidavits, notices and other agreements, instruments and documents that the Administrative Agent may determine necessary in order to perfect and maintain the security interests and Liens granted in this Pledge
Agreement and in order to fully consummate all of the transactions contemplated herein; 
 (ix) to exchange any of the
Pledged Collateral of such Pledgor or other property upon any merger, consolidation, reorganization, recapitalization or other readjustment of the issuer thereof and, in connection therewith, deposit any of the Pledged Collateral of such Pledgor
with any committee, depository, transfer agent, registrar or other designated agency upon such terms as the Administrative Agent may determine; 

  
 10 

 (x) to vote for a shareholder, partner or member resolution, or to sign an
instrument in writing, sanctioning the transfer of any or all of the Pledged Collateral of such Pledgor into the name of the Administrative Agent or into the name of any transferee to whom the Pledged Collateral of such Pledgor or any part thereof
may be sold pursuant to Section 9 hereof; and 
 (xi) to do and perform all such other acts and things as the
Administrative Agent may reasonably deem to be necessary, proper or convenient in connection with the Pledged Collateral of such Pledgor. 

This power of attorney is a power coupled with an interest and shall be irrevocable for so long as any of the Obligations (other than
contingent indemnity obligations that survive termination of the Loan Documents pursuant to the stated terms thereof) remain outstanding, any Loan Document is in effect, and until all of the Commitments shall have been terminated. Subject to the
terms of the Credit Agreement, the Administrative Agent shall be under no duty to exercise or withhold the exercise of any of the rights, powers, privileges and options expressly or implicitly granted to the Administrative Agent in this Pledge
Agreement, and shall not be liable for any failure to do so or any delay in doing so. The Administrative Agent shall not be liable for any act or omission or for any error of judgment or any mistake of fact or law in its individual capacity or its
capacity as attorney-in-fact except acts or omissions resulting from its gross negligence or willful misconduct. This power of attorney is conferred on the Administrative Agent solely to perfect, protect, preserve and realize upon its security
interest in the Pledged Collateral. 
 (b) Assignment by the Administrative Agent. The Administrative Agent may from
time to time assign the Obligations or any portion thereof and/or the Pledged Collateral or any portion thereof to a successor Administrative Agent, and the assignee shall be entitled to all of the rights and remedies of the Administrative Agent
under this Pledge Agreement in relation thereto. 
 (c) The Administrative Agent’s Duty of Care. Other than the
exercise of reasonable care to assure the safe custody and preservation of the Pledged Collateral while being held by the Administrative Agent hereunder, the Administrative Agent shall have no duty or liability to preserve rights pertaining thereto,
it being understood and agreed that Pledgors shall be responsible for preservation of all rights in the Pledged Collateral of such Pledgor, and the Administrative Agent shall be relieved of all responsibility for the Pledged Collateral upon
surrendering it or tendering the surrender of it to the Pledgors. The Administrative Agent shall be deemed to have exercised reasonable care in the custody and preservation of the Pledged Collateral in its possession if such Pledged Collateral is
accorded treatment substantially equal to that which the Administrative Agent accords its own property, which shall be no less than the treatment employed by a reasonable and prudent agent in the industry, it being understood that the

  
 11 

 
Administrative Agent shall not have responsibility for (i) ascertaining or taking action with respect to calls, conversions, exchanges, maturities, tenders or other matters relating to any
Pledged Collateral, whether or not the Administrative Agent has or is deemed to have knowledge of such matters; or (ii) taking any necessary steps to preserve rights against any parties with respect to any Pledged Collateral. 

(d) Voting Rights in Respect of the Pledged Collateral. 

(i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, each Pledgor may
exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement. 

(ii) Upon the occurrence and during the continuance of an Event of Default, all rights of a Pledgor to exercise the voting and
other consensual rights which it would otherwise be entitled to exercise pursuant to paragraph (i) of this subsection (d) shall cease and all such rights shall thereupon become vested in the Administrative Agent which shall then have the
sole right to exercise such voting and other consensual rights. 
 (e) Dividend and Distribution Rights in Respect of the
Pledged Collateral. 
 (i) So long as no Event of Default shall have occurred and be continuing, each Pledgor may receive
and retain any and all dividends (other than dividends payable in the form of Equity Interests and other dividends constituting Pledged Collateral which are required to be delivered to the Administrative Agent pursuant to Section 4 above),
distributions or interest paid in respect of the Pledged Collateral to the extent they are allowed under the Credit Agreement. 

(ii) Upon the occurrence and during the continuation of an Event of Default: 

(A) all rights of a Pledgor to receive the dividends, distributions and interest payments which it would otherwise be
authorized to receive and retain pursuant to paragraph (i) of this subsection (e) shall cease and all such rights shall thereupon be vested in the Administrative Agent which shall then have the sole right to receive and hold as Pledged
Collateral such dividends, distributions and interest payments; and 
 (B) all dividends, distributions and interest
payments which are received by a Pledgor contrary to the provisions of clause (A) of this subsection (ii) shall be received in trust for the benefit of the Administrative Agent, shall be segregated from other property or funds of such
Pledgor, and shall be forthwith paid over to the Administrative Agent as Pledged Collateral in the exact form received, to be held by the Administrative Agent as Pledged Collateral and as further collateral security for the Obligations. 

  
 12 

 (f) Release of Pledged Collateral. The Administrative Agent may release
any of the Pledged Collateral from this Pledge Agreement or may substitute any of the Pledged Collateral for other Pledged Collateral without altering, varying or diminishing in any way the force, effect, Lien, pledge or security interest of this
Pledge Agreement as to any Pledged Collateral not expressly released or substituted, and this Pledge Agreement shall continue as a first priority Lien on all Pledged Collateral not expressly released or substituted. 

11. Application of Proceeds. After the exercise of remedies by the Administrative Agent or the Secured Parties pursuant to
Section 7 of the Credit Agreement (or after the Commitments shall automatically terminate and the Loans (with accrued interest thereon) and all other amounts under the Loan Documents shall automatically become due and payable in accordance with
the terms of such Section), any proceeds of the Pledged Collateral, when received by the Administrative Agent or any of the Secured Parties in cash or its equivalent, will be applied in reduction of the Obligations in the order set forth in
Section 7.2 of the Credit Agreement, and each Pledgor irrevocably waives the right to direct the application of such payments and proceeds and acknowledges and agrees that the Administrative Agent shall have the continuing and exclusive right
to apply and reapply any and all such proceeds in the Administrative Agent’s sole discretion, notwithstanding any entry to the contrary upon any of its books and records. 

12. [Intentionally Omitted]. 

13. Continuing Agreement. 

(a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as
any of the Obligations (other than contingent indemnity obligations that survive termination of the Loan Documents pursuant to the stated terms thereof) remain outstanding or any Loan Document is in effect, and until all of the Commitments shall
have been terminated. Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Secured Parties shall, upon the request and at the expense of the Pledgors, forthwith release all
of the Liens and security interests granted hereunder and shall deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and
indemnities provided hereunder shall survive termination of this Pledge Agreement. 
 (b) This Pledge Agreement shall
continue to be effective or be automatically reinstated, as the case may be, if at any time payment, in whole or in part, of any of the Obligations is rescinded or must otherwise be restored or returned by the Administrative

  
 13 

 
Agent or any Secured Party as a preference, fraudulent conveyance or otherwise under any bankruptcy, insolvency or similar law, all as though such payment had not been made; provided that in the
event payment of all or any part of the Obligations is rescinded or must be restored or returned, all reasonable costs and expenses (including, without limitation, any reasonable legal fees and disbursements) incurred by the Administrative Agent or
any Secured Party in defending and enforcing such reinstatement shall be deemed to be included as a part of the Obligations. 

(c) If any of the Collateral is sold, transferred or otherwise disposed of by any Grantor (other than to another Grantor) in a
transaction permitted by the Credit Agreement, then the Lien created pursuant to this Agreement in such Collateral shall be released, and the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver
to such Grantor all releases or other documents reasonably necessary or desirable and in form reasonably satisfactory to the Administrative Agent and take such further actions for the release of such Collateral (not including Proceeds thereof) from
the security interests created hereby; provided that the Borrower and applicable Grantor shall have delivered to the Administrative Agent, at least five (5) Business Days (or such shorter period of time acceptable to the Administrative Agent)
prior to the date of the proposed release, a certificate of a Responsible Officer with request for release identifying the relevant Collateral and certifying that such transaction is in compliance with the Credit Agreement and the other Loan
Documents. At the request and sole expense of the Borrower, a Guarantor shall be released from its obligations hereunder in the event that all the Capital Stock of such Guarantor shall be sold, transferred or otherwise disposed of in a transaction
permitted by the Credit Agreement; provided that the Borrower shall have delivered to the Administrative Agent, at least five (5) Business Days (or such shorter period of time acceptable to the Administrative Agent) prior to the date of the
proposed release, a certificate of a Responsible Officer of the Borrower with request for release identifying the relevant Guarantor and certifying that such transaction is in compliance with the Credit Agreement and the other Loan Documents. 

14. Amendments; Waivers; Modifications. This Pledge Agreement and the provisions hereof may not be amended, waived, modified, changed,
discharged or terminated except as set forth in Section 9.1 of the Credit Agreement. 
 15. Successors in Interest. This Pledge
Agreement shall create a continuing security interest in the Pledged Collateral and shall be binding upon each Pledgor, its successors and assigns and shall inure, together with the rights and remedies of the Administrative Agent hereunder, to the
benefit of the Administrative Agent and the Secured Parties and their successors and permitted assigns; provided, however, that none of the Pledgors may assign its rights or delegate its duties hereunder except as permitted by the
Credit Agreement. To the fullest extent permitted by law, each Pledgor hereby releases the Administrative Agent, its officers, employees and agents and its successors and assigns, from any liability for any act or omission relating to this Pledge
Agreement or the Pledged Collateral, except for any liability arising from the gross negligence or willful misconduct of the Administrative Agent or its officers, employees and agents, as determined by a court of competent jurisdiction. 

  
 14 

 16. Notices. All notices required or permitted to be given under this Pledge Agreement
shall be in conformance with Section 9.2 of the Credit Agreement. 
 17. Counterparts. This Pledge Agreement may be executed in
any number of counterparts, each of which where so executed and delivered shall be an original, but all of which shall constitute one and the same instrument. It shall not be necessary in making proof of this Pledge Agreement to produce or account
for more than one such counterpart. Delivery of executed counterparts of the Pledge Agreement by facsimile or other electronic means shall be effective as an original and shall constitute a representation that an original shall be delivered upon the
request of the Administrative Agent. 
 18. Headings. The headings of the sections and subsections hereof are provided for
convenience only and shall not in any way affect the meaning, construction or interpretation of any provision of this Pledge Agreement. 

19. Governing Law; Submission to Jurisdiction and Service of Process; Waiver of Jury Trial; Venue. THIS PLEDGE AGREEMENT AND THE RIGHTS
AND OBLIGATIONS OF THE PARTIES TO THIS PLEDGE AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. The terms of Sections 9.12 and 9.18 of the Credit Agreement are incorporated herein by
reference, mutatis mutandis, and the parties hereto agree to such terms. 
 20. Severability. Any provision of this Pledge Agreement
that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 21.
Integration. This Pledge Agreement and the other Loan Documents represent the entire agreement of the parties hereto and thereto, and supersede all prior agreements and understandings, oral or written, if any, including any commitment letters
or correspondence relating to this Pledge Agreement, the other Loan Documents or the transactions contemplated herein and therein. 
 22.
Survival. All representations and warranties of the Pledgors hereunder shall survive the execution and delivery of this Pledge Agreement, the other Loan Documents and the delivery of the Notes and the making of the Loans and the issuance of
the Letters of Credit under the Credit Agreement. 

  
 15 

 23. Joint and Several Obligations of Pledgors. 

(a) Each of the Pledgors is accepting joint and several liability hereunder in consideration of the financial accommodations to
be provided by the Lenders under the Credit Agreement, for the mutual benefit, directly and indirectly, of each of the Pledgors and in consideration of the undertakings of each of the Pledgors to accept joint and several liability for the
obligations of esach of them. 
 (b) Each of the Pledgors, jointly and severally hereby irrevocably and unconditionally
accepts, not merely as a surety but also as a co-debtor, joint and several liability with the other Pledgors with respect to the payment and performance of all of the Obligations arising under this Pledge Agreement and the other Loan Documents, it
being the intention of the parties hereto that all the Obligations shall be the joint and several obligations of each of the Pledgors without preferences or distinction among them. 

(c) Notwithstanding any provision to the contrary contained herein or in any other of the Loan Documents, to the extent the
obligations of a Pledgor shall be adjudicated to be invalid or unenforceable for any reason (including, without limitation, because of any applicable state or federal law relating to fraudulent conveyances or transfers) then the obligations of such
Pledgor hereunder shall be limited to the maximum amount that is permissible under applicable law (whether federal or state and including, without limitation, the Bankruptcy Code of the United States). 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 16 

 Each of the parties hereto has caused a counterpart of this Pledge Agreement to be duly executed
and delivered as of the date first above written. 
  

							
	BORROWER:	 		 	NEW MEDIA HOLDINGS II LLC,
		 		 	a Delaware limited liability company
				
		 		 	By:	 	 /s/ Michael E. Reed

		 		 	Name: Michael E. Reed
		 		 	Title:   Chief Executive Officer
			
	GUARANTORS:	 		 	 NEW MEDIA HOLDINGS I LLC,

a Delaware limited liability company

				
		 		 	By:	 	 /s/ Michael E. Reed

		 		 	Name: Michael E. Reed
		 		 	Title:   Chief Executive Officer
			
		 		 	LOCAL MEDIA GROUP HOLDINGS LLC
		 		 	LOCAL MEDIA GROUP, INC.
		 		 	SEACOAST NEWSPAPERS, INC.
		 		 	LMG MASSACHUSETTS, INC.
		 		 	LMG PENNSYLVANIA MANAGEMENT, INC.
		 		 	THE INQUIRER AND MIRROR, INC.
		 		 	LMG PENNSYLVANIA HOLDINGS, INC.
		 		 	LMG PENNSYLVANIA, L.P.,
		 		 	by its general partner, LMG Pennsylvania Management, Inc.
		 		 	THE MAIL TRIBUNE, INC.
		 		 	LMG NATIONAL PUBLISHING, INC.
		 		 	THE NICKEL OF MEDFORD, INC.
		 		 	LMG STOCKTON, INC.
				
		 		 	By:	 	 /s/ Kirk A. Davis

		 		 		 	Name: Kirk A. Davis
		 		 		 	Title:   Chief Executive Officer & President

 [signatures continue on the following page] 

  
 [Signature Page to Pledge
Agreement] 

			
	 COPLEY OHIO NEWSPAPERS, INC.
 ENHE ACQUISITION,
LLC
 ENTERPRISE NEWSMEDIA HOLDING, LLC
 ENTERPRISE NEWSMEDIA,
LLC
 ENTERPRISE PUBLISHING COMPANY, LLC
 GATEHOUSE MEDIA
ARKANSAS HOLDINGS, INC.
 GATEHOUSE MEDIA CALIFORNIA HOLDINGS, INC.

GATEHOUSE MEDIA COLORADO HOLDINGS, INC.
 GATEHOUSE MEDIA
CONNECTICUT
 HOLDINGS, INC.
 GATEHOUSE MEDIA CORNING HOLDINGS,
INC.
 GATEHOUSE MEDIA DELAWARE HOLDINGS, INC.
 GATEHOUSE MEDIA
DIRECTORIES HOLDINGS, INC.
 GATEHOUSE MEDIA FLORIDA HOLDINGS, INC.

GATEHOUSE MEDIA FREEPORT HOLDINGS, INC.
 GATEHOUSE MEDIA HOLDCO,
LLC
 GATEHOUSE MEDIA ILLINOIS HOLDINGS II, INC.
 GATEHOUSE
MEDIA ILLINOIS HOLDINGS, INC.
 GATEHOUSE MEDIA INTERMEDIATE HOLDCO, LLC

GATEHOUSE MEDIA IOWA HOLDINGS, INC.
 GATEHOUSE MEDIA KANSAS
HOLDINGS II, INC.
 GATEHOUSE MEDIA KANSAS HOLDINGS, INC.

GATEHOUSE MEDIA LANSING PRINTING, INC.
 GATEHOUSE MEDIA LOUISIANA
HOLDINGS, INC.
 GATEHOUSE MEDIA MANAGEMENT
 SERVICES, INC.

GATEHOUSE MEDIA MICHIGAN HOLDINGS II, INC.
	  	 GATEHOUSE MEDIA MICHIGAN HOLDINGS, INC.

GATEHOUSE MEDIA MINNESOTA HOLDINGS, INC.
 GATEHOUSE MEDIA MISSOURI
HOLDINGS II, INC.
 GATEHOUSE MEDIA MISSOURI HOLDINGS, INC.

GATEHOUSE MEDIA MASSACHUSETTS I, INC.
 GATEHOUSE MEDIA
MASSACHUSETTS II, INC.
 GATEHOUSE MEDIA NEBRASKA HOLDINGS, INC.

GATEHOUSE MEDIA NEVADA HOLDINGS, INC.
 GATEHOUSE MEDIA NEW YORK
HOLDINGS, INC.
 GATEHOUSE MEDIA NORTH DAKOTA HOLDINGS, INC.

GATEHOUSE MEDIA OHIO HOLDINGS, INC.
 GATEHOUSE MEDIA OKLAHOMA
HOLDINGS, INC.
 GATEHOUSE MEDIA OPERATING, LLC
 GATEHOUSE MEDIA
PENNSYLVANIA HOLDINGS, INC.
 GATEHOUSE MEDIA SUBURBAN NEWSPAPERS, INC.

GATEHOUSE MEDIA TENNESSEE HOLDINGS, INC.
 GATEHOUSE MEDIA TEXAS
HOLDINGS, INC.
 GATEHOUSE MEDIA VENTURES, INC.
 GATEHOUSE
MEDIA, LLC
 GEORGE W. PRESCOTT PUBLISHING COMPANY, LLC
 LIBERTY
SMC, L.L.C.
 LOW REALTY, LLC
 LRT FOUR HUNDRED, LLC

MINERAL DAILY NEWS TRIBUNE, INC.
 NEWS LEADER, INC.

SUREWEST DIRECTORIES TERRY NEWSPAPERS, INC.
 THE PEORIA JOURNAL
STAR, INC.

  

			
	
	 By:  /s/ Kirk A. Davis
                                       

	Name: Kirk A. Davis
	Title:   Chief Executive Officer & Chief Operating Officer

  
 [Signature Page to Pledge
Agreement] 

 Accepted and agreed to as of the date first above written. 

 

			
	CITIZENS BANK OF PENNSYLVANIA,
	as Administrative Agent
		
	By:	 	 /s/ Arthur D. Burns

	Name: Arthur D. Burns
	Title:   Senior Vice President

 [Signature Page to Pledge Agreement] 

  

 SCHEDULE 3.15 TO THE CREDIT AGREEMENT 

PLEDGED EQUITY INTERESTS 
 Pledgor:

  

									
	 Name of Subsidiary
	  	 Owner
	  	 Number of Shares
	  	 Certificate

Number
	  	 Percentage

Ownership

	New Media Holdings I LLC	  	 New Media Investment
 Group,
Inc.
	  	N/A	  	N/A	  	100%
	New Media Holdings II LLC	  	New Media Holdings I LLC	  	N/A	  	N/A	  	100%
	GateHouse Media LLC	  	New Media Holdings II LLC	  	N/A	  	N/A	  	100%
	Copley Ohio Newspapers, Inc.	  	GateHouse Media Ohio Holdings, Inc.	  	1,000	  	3	  	100%
	ENHE Acquisition, LLC	  	 GateHouse Media
 Operating, LLC (f/k/a

GateHouse Media
 Operating, Inc.)
	  	N/A	  	N/A	  	100%
	Enterprise NewsMedia Holding, LLC	  	 GateHouse Media
 Massachusetts II,
Inc.
	  	99,000 (Membership Units)	  	N/A	  	100%
	Enterprise NewsMedia, LLC	  	 Enterprise NewsMedia
 Holding, LLC
	  	N/A	  	N/A	  	100%
	Enterprise Publishing Company, LLC	  	Enterprise NewsMedia, LLC	  	N/A	  	N/A	  	100%
	GateHouse Media Arkansas Holdings, Inc.	  	 GateHouse Media
 Operating, LLC (f/k/a

GateHouse Media
 Operating, Inc.)
	  	100	  	2	  	100%
	GateHouse Media California Holdings, Inc.	  	 GateHouse Media
 Operating, LLC (f/k/a

GateHouse Media
 Operating, Inc.)
	  	100	  	2	  	100%
	GateHouse Media Colorado Holdings, Inc.	  	 GateHouse Media
 Operating, LLC (f/k/a

GateHouse Media
 Operating, Inc.)
	  	100	  	002	  	100%
	GateHouse Media Connecticut Holdings, Inc.	  	 GateHouse Media
 Operating, LLC (f/k/a

GateHouse Media
 Operating, Inc.)
	  	100	  	1	  	100%
	GateHouse Media Corning Holdings, Inc.	  	 GateHouse Media
 Nevada Holdings,
Inc.
	  	206.37	  	61	  	100%
	GateHouse Media Delaware Holdings, Inc.	  	 GateHouse Media
 Operating, LLC (f/k/a
GateHouse Media
 Operating, Inc.)
	  	100	  	2	  	100%
	GateHouse Media Directories Holdings, Inc.	  	 GateHouse Media
 Operating, LLC (f/k/a

GateHouse Media
 Operating, Inc.)
	  	100	  	1	  	100%
	GateHouse Media Florida Holdings, Inc.	  	 GateHouse Media
 Operating, LLC (f/k/a

GateHouse Media
 Operating, Inc.)
	  	100	  	1	  	100%

									
	GateHouse Media Freeport Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Holdco, LLC (f/k/a GateHouse Media Holdco, Inc.)	  	GateHouse Media Intermediate Holdco, LLC (f/k/a GateHouse Media Intermediate Holdco, Inc.)	  	N/A	  	N/A	  	100%
	GateHouse Media Illinois Holdings II, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	1	  	100%
	GateHouse Media Illinois Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Intermediate Holdco, LLC (f/k/a GateHouse Media Intermediate Holdco, Inc.)	  	 GateHouse Media,
 LLC (f/k/a GateHouse

Media, Inc.)
	  	N/A	  	N/A	  	100%
	GateHouse Media Iowa Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Kansas Holdings II, Inc.	  	GateHouse Media Kansas Holdings, Inc.	  	100	  	1	  	100%
	GateHouse Media Kansas Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Lansing Printing, Inc.	  	GateHouse Media Suburban Newspapers, Inc.	  	100	  	2	  	100%
	GateHouse Media Louisiana Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Management Services, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Massachusetts I, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	1,000	  	1	  	100%
	GateHouse Media Massachusetts II, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100,000	  	1	  	100%
	GateHouse Media Michigan Holdings II, Inc.	  	GateHouse Media Michigan Holdings, Inc.	  	100	  	1	  	100%

									
	GateHouse Media Michigan Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Minnesota Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Missouri Holdings II, Inc.	  	GateHouse Media Missouri Holdings, Inc.	  	100	  	1	  	100%
	GateHouse Media Missouri Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Nebraska Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	002	  	100%
	GateHouse Media Nevada Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media New York Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media North Dakota Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Ohio Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	1	  	100%
	GateHouse Media Oklahoma Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	1	  	100%
	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.	  	GateHouse Media Holdco, LLC (GateHouse Media Holdco, Inc.)	  	N/A	  	N/A	  	100%
	GateHouse Media Pennsylvania Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Suburban Newspapers, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	2	  	100%
	GateHouse Media Tennessee Holdings, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	1	  	100%

									
	GateHouse Media Texas Holdings, Inc.	  	GateHouse Media Nebraska Holdings, Inc.	  	100	  	2	  	100%
	GateHouse Media Ventures, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	100	  	3	  	100%
	George W. Prescott Publishing Company, LLC	  	Enterprise NewsMedia, LLC	  	N/A	  	N/A	  	100%
	Liberty SMC, L.L.C.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	4,000 (Class A)	  	N/A	  	100%
	Liberty SMC, L.L.C.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	1,000 (Class B)	  	N/A	  	100%
	LMG Massachusetts, Inc. (f/k/a Dow Jones LMG Massachusetts, Inc.)	  	Local Media Group, Inc. (f/k/a Dow Jones Local Media Group, Inc.)	  	200,000	  	1	  	100%
	LMG Pennsylvania Holdings, Inc. (f/k/a Ottaway Newspapers of Pennsylvania Holdings, Inc.)	  	Local Media Group, Inc. (f/k/a Ottaway Newspapers, Inc.)	  	100	  	2	  	100%
	LMG Pennsylvania Holdings, Inc. (f/k/a Ottaway Newspapers of Pennsylvania Holdings, Inc.)	  	Local Media Group, Inc. (f/k/a Ottaway Newspapers, Inc.)	  	1	  	1	  	100%
	LMG Pennsylvania Management, Inc. (f/k/a Ottaway Newspapers of Pennsylvania Management, Inc.)	  	Seacoast Newspapers, Inc.	  	36	  	4	  	34.9%1
	  	Seacoast Newspapers, Inc.	  	1	  	1	  	1%2
	  	LMG Massachusetts, Inc. (f/k/a Essex County Newspapers, Inc.)	  	41	  	5	  	39.8%3
	  	LMG Massachusetts, Inc. (f/k/a Essex County Newspapers, Inc.)	  	1	  	2	  	1%4
	  	The Inquirer and Mirror, Inc.	  	23	  	6	  	22.3%5
	  	The Inquirer and Mirror, Inc.	  	1	  	3	  	1%6

  

	1 	Percentage is approximate. 

	2 	Percentage is approximate. 

	3 	Percentage is approximate. 

	4 	Percentage is approximate. 

	5 	Percentage is approximate. 

	6 	Percentage is approximate. 

  

									
	LMG National Publishing, Inc. (f/k/a ONI National Publishing, Inc.)	  	Local Media Group, Inc. (f/k/a Ottaway Newspapers, Inc.)	  	100	  	1	  	100%
	LMG Pennsylvania, L.P.	  	LMG Pennsylvania Holdings, Inc.	  	2687	  	N/A	  	93%8
	  	LMG Pennsylvania Management, Inc.	  	219	  	N/A	  	7%10
	LMG Stockton, Inc. (f/k/a ONI Stockton, Inc.)	  	LMG National Publishing, Inc. (f/k/a ONI National Publishing, Inc.)	  	1	  	1	  	100%
	Local Media Group, Inc. (f/k/a Dow Jones Local Media Group, Inc.)	  	Local Media Group Holdings LLC	  	1,000	  	4	  	100%
	Low Realty, LLC	  	Enterprise NewsMedia, LLC	  	N/A	  	N/A	  	100%
	LRT Four Hundred, LLC	  	Enterprise NewsMedia, LLC	  	N/A	  	N/A	  	100%
	Mineral Daily News Tribune, Inc.	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	500	  	38	  	100%
	News Leader, Inc.	  	GateHouse Media Louisiana Holdings, Inc.	  	100,000	  	A-9	  	100%
	News Leader, Inc.	  	GateHouse Media Louisiana Holdings, Inc.	  	100,000	  	B-9	  	100%
	Seacoast Newspapers, Inc.	  	Local Media Group, Inc. (f/k/a Ottaway Newspapers, Inc.)	  	10	  	1	  	100%
	SureWest Directories	  	GateHouse Media Directories Holdings, Inc.	  	1,000	  	2	  	100%
	Terry Newspapers, Inc.	  	GateHouse Media Illinois Holdings, Inc.	  	840	  	17	  	100%
	The Inquirer and Mirror, Inc.	  	Local Media Group, Inc. (f/k/a Ottaway Newspapers, Inc.)	  	2,333 1/3	  	7	  	100%
	The Mail Tribune, Inc.	  	LMG National Publishing, Inc. (f/k/a ONI National Publishing)	  	100	  	2	  	11%11
		  	LMG Pennsylvania, L.P.	  	809	  	3	  	89%12
	The Nickel of Medford, Inc.	  	LMG National Publishing, Inc. (f/k/a ONI National Publishing, Inc.)	  	131.37	  	7	  	100%

  

	7 	Number of units is approximate. 

	8 	Percentage is approximate. 

	9 	Number of units is approximate. 

	10 	Percentage is approximate. 

	11 	Percentage is approximate. 

	12 	Percentage is approximate. 

  

									
	The Peoria Journal Star, Inc.	  	GateHouse Media Illinois Holdings, Inc.	  	1,000	  	743	  	100%
	Pro Football Weekly13	  	GateHouse Media Operating, LLC (f/k/a GateHouse Media Operating, Inc.)	  	Not Available	  	Not Available	  	100%
	GateHouse Media Macomb Holdings, Inc.14	  	GateHouse Media Holdco, LLC (f/k/a GateHouse Media Holdco, Inc.)	  	100	  	2	  	100%
	The Santa Cruz County Sentinel, Inc.	  	LMG National Publishing, Inc. (f/k/a ONI National Publishing, Inc.)	  	Not Available	  	Not Available	  	100%
	The Traverse City Record-Eagle, Inc.	  	LMG National Publishing, Inc. (f/k/a ONI National Publishing, Inc.)	  	Not Available	  	Not Available	  	100%
	The Daily Independent, Inc.	  	LMG National Publishing, Inc. (f/k/a ONI National Publishing, Inc.)	  	Not Available	  	Not Available	  	100%
	Chapel Hill Publishing	  	Local Media Group, Inc.	  	Not Available	  	Not Available	  	100%

  
  

	13 	Please note this subsidiary is in the process of being dissolved. 

	14 	Please note this subsidiary is inactive. 

 EXHIBIT A 

STOCK POWER 
 FOR
VALUE RECEIVED, [OWNER], a [State] [type of entity] (the “Transferor”), hereby sells, assigns and transfers unto
                    [number of shares] [(•)] shares of capital stock of [ISSUER], an [State] [type of entity] (the “Issuer”),
standing in Transferor’s name on the books of the Issuer represented by Certificate No. [•] herewith, and does hereby irrevocably constitute and appoint
                    its attorney to transfer said share of capital stock on the books of the Issuer with the full power of substitution in the
premises. 
  

			
	[OWNER]
		
	By:	 	 
	Name:	 	
	Title:	 	

 Dated:EX-10.42

 Exhibit 10.42 

Execution Copy 
  

 
  

GUARANTEE AGREEMENT 
 made by 

NEW MEDIA HOLDINGS I LLC 
 and
each of the other Guarantors party hereto, 
 in favor of 

CITIZENS BANK OF PENNSYLVANIA, 
 as
Administrative Agent 
 Dated as of June 4, 2014 
  

 
  

 TABLE OF CONTENTS 
  

 

					
	 	  	Page	 
	SECTION 1	  			
		
	 DEFINED TERMS
	  	 	2	  
	 1.1 Definitions
	  	 	2	  
	 1.2 Other Definitional Provisions
	  	 	2	  
		
	SECTION 2	  			
		
	 GUARANTEE
	  	 	3	  
	 2.1 Guarantee
	  	 	3	  
	 2.2 Right of Contribution
	  	 	4	  
	 2.3 Subrogation
	  	 	4	  
	 2.4 Amendments, etc. with respect to the Guaranteed Obligations
	  	 	5	  
	 2.5 Guarantee Absolute and Unconditional
	  	 	5	  
	 2.6 Reinstatement
	  	 	6	  
	 2.7 Payments
	  	 	6	  
	 2.8 Application of Proceeds
	  	 	6	  
		
	SECTION 3	  			
		
	 MISCELLANEOUS
	  	 	7	  
	 3.1 Amendments in Writing
	  	 	7	  
	 3.2 Notices
	  	 	7	  
	 3.3 No Waiver by Course of Conduct; Cumulative Remedies
	  	 	7	  
	 3.4 Enforcement Expenses; Indemnification
	  	 	7	  
	 3.5 Successors and Assigns
	  	 	8	  
	 3.6 Set-Off
	  	 	8	  
	 3.7 Counterparts
	  	 	8	  
	 3.8 Severability
	  	 	8	  
	 3.9 Section Headings
	  	 	9	  
	 3.10 Integration
	  	 	9	  
	 3.11 GOVERNING LAW
	  	 	9	  
	 3.12 Submission To Jurisdiction; Waivers
	  	 	9	  
	 3.13 Acknowledgments
	  	 	10	  
	 3.14 Additional Guarantors
	  	 	10	  
	 3.15 Termination or Release
	  	 	10	  
	 3.16 WAIVER OF JURY TRIAL
	  	 	11	  

 GUARANTEE AGREEMENT, dated as of June 4, 2014, made by NEW MEDIA HOLDINGS I LLC, a Delaware
limited liability company (“Holdings”), and each of the other guarantors listed on the signature pages hereof or Persons that may become a party hereto as provided in Section 3.14 (together with Holdings, the
“Guarantors”), in favor of CITIZENS BANK OF PENNSYLVANIA, as Administrative Agent (in such capacity, the “Administrative Agent”) for the benefit of the Secured Parties (as defined in the Credit Agreement referred to
below), under that certain Credit Agreement, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Holdings, New Media Holdings II LLC, a Delaware
limited liability company (the “Borrower”), the banks and other financial institutions from time to time parties to the Credit Agreement as Lenders (the “Lenders”) and the Administrative Agent. 

W I T N E S S E T H: 

WHEREAS, pursuant to the Credit Agreement, the Lenders have severally agreed to make extensions of credit to the Borrower upon the terms and
subject to the conditions set forth therein; 
 WHEREAS, the Borrower is a member of an affiliated group of companies that includes the
Guarantors; 
 WHEREAS, the Borrower and the Guarantors will derive substantial direct and indirect benefit from the extensions of credit
under the Credit Agreement; and 
 WHEREAS, it is a condition precedent to the obligation of the Lenders to make their respective extensions
of credit to the Borrower under the Credit Agreement that the Guarantors shall have executed and delivered this Agreement to the Administrative Agent for the benefit of the Secured Parties. 

NOW, THEREFORE, in consideration of the premises and to induce the Administrative Agent and the Lenders to enter into the Credit Agreement and
to induce the Lenders to make their respective extensions of credit to the Borrower thereunder, the Guarantors hereby agree with the Administrative Agent, for the benefit of the Secured Parties, as follows: 

 SECTION 1 

DEFINED TERMS 
 1.1
Definitions. (a) Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 

(b) The following terms shall have the following meanings: 

“Administrative Agent”: as defined in the preamble to this Agreement. 

“Agreement”: this Guarantee Agreement, as the same may be amended, restated, supplemented or otherwise modified from time to
time. 
 “Bankruptcy Code”: Title 11 of the United States Code, entitled “Bankruptcy,” as now and hereafter in
effect, or any successor statute. 
 “Borrower”: as defined in the preamble to this Agreement. 

“Credit Agreement”: as defined in the preamble to this Agreement. 

“Fraudulent Transfer Laws”: §548 of the Bankruptcy Code, 11 U.S.C. §548, or any applicable provisions of comparable
state, provincial or territorial law. 
 “Guarantee”: the guarantee of each Guarantor set forth in Section 2. 

“Guaranteed Obligations”: with respect to any Guarantor, the Obligations except for any Excluded Swap Obligations of such
Guarantor. 
 “Guarantors”: as defined in the preamble to this Agreement. 

“Holdings”: as defined in the preamble to this Agreement. 

“Lenders”: as defined in the preamble to this Agreement. 

“Securities Act”: the Securities Act of 1933, as amended. 

1.2 Other Definitional Provisions. (a) The words “hereof,” “herein”, “hereto” and
“hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section and Schedule references are to this Agreement unless otherwise
specified. 
 (b) The meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms.

 (c) As used herein, references to agreements or other Contractual Obligations shall, unless otherwise specified, be deemed to refer to
such agreements or Contractual Obligations as amended, restated, supplemented or otherwise modified from time to time. 

  
 2 

 (d) A reference to a statute includes all regulations made pursuant to such statute and, unless
otherwise specified, the provisions of any statute or regulation which amends, revises, restates, supplements or supersedes any such statute or any such regulation. 

SECTION 2 
 GUARANTEE 

2.1 Guarantee. (a) The Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantee to the Administrative
Agent, for the ratable benefit of the Secured Parties and their respective successors and permitted assigns, the prompt and complete payment in full (including of amounts that would become due but for the operation of the automatic stay under
Section 362(a) of the Bankruptcy Code) and performance by the Borrower when due, giving effect to any grace or cure periods (whether at stated maturity, by acceleration or otherwise) of the Guaranteed Obligations. 

(b) Each Guarantor further agrees that its guarantee constitutes a guarantee of payment when due and not of collection. 

(c) Each Guarantor agrees that the Guaranteed Obligations may at any time and from time to time exceed the amount of the liability of such
Guarantor hereunder without impairing the guarantee of such Guarantor contained in this Section 2 or affecting the rights and remedies of the Administrative Agent or any Secured Party hereunder. 

(d) Subject to Section 3.15 hereof, the guarantee contained in this Section 2 shall remain in full force and effect until all
Guaranteed Obligations are irrevocably satisfied in full and all Commitments have been irrevocably terminated, notwithstanding that, from time to time during the term of the Credit Agreement, no Obligations may be outstanding. 

(e) No payment made by the Borrower, the Guarantors, any other guarantor or any other Person or received or collected by the Administrative
Agent or any Secured Party from the Borrower, the Guarantors, any other guarantor or any other Person by virtue of any action or proceeding or any set-off or appropriation or application at any time or from time to time in reduction of or in payment
of the Guaranteed Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of the Guarantors under this Section 2 which shall, notwithstanding any such payment (other than any payment made by the Borrower or the
Guarantors in respect of the Guaranteed Obligations or any payment received or collected from the Borrower or the Guarantors in respect of the Guaranteed Obligations), remain liable for the Guaranteed Obligations up to the maximum liability of the
Guarantors hereunder until all Guaranteed Obligations are irrevocably satisfied in full and all Commitments have been irrevocably terminated, notwithstanding that, from time to time during the term of the Credit Agreement, no Obligations may be
outstanding. 
 (f) Any term or provision of this Agreement or any other Loan Document to the contrary notwithstanding, the maximum aggregate
amount of the Guaranteed Obligations for which any Guarantor shall be liable shall not exceed the maximum amount for which such Guarantor may be liable without rendering this Agreement or any other Loan Document, as it

  
 3 

 
relates to such Guarantor, subject to avoidance under Fraudulent Transfer Laws, in each case after giving effect (a) to all other liabilities of such Guarantor, contingent or otherwise, that
are relevant under such Fraudulent Transfer Laws (specifically excluding, however, any liabilities of such Guarantor in respect of intercompany Indebtedness to the Borrower to the extent that such Indebtedness would be discharged in an amount equal
to the amount paid by such Guarantor hereunder) and (b) to the value as assets of such Guarantor (as determined under the applicable provisions of such Fraudulent Transfer Laws) of any rights to subrogation, contribution, reimbursement,
indemnity or similar rights held by such Guarantor pursuant to (i) applicable Requirements of Law (ii) Section 2.2 of this Guarantee or (iii) any other Contractual Obligations providing for an equitable allocation among such
Guarantor and other Subsidiaries or Affiliates of the Borrower of obligations arising under this Agreement or other guaranties of the Guaranteed Obligations by such parties. 

(g) Consistent with Section 1.4 of the Credit Agreement, in no event shall the Guaranteed Obligations of any Guarantor include any
Excluded Swap Obligations. 
 2.2 Right of Contribution. (a) Each Guarantor agrees that to the extent that any Guarantor shall
have paid more than its proportionate share of any payment made hereunder, such Guarantor shall be entitled to seek and receive contribution from and against any other Guarantor hereunder which has not paid its proportionate share of such payment.

 (b) Each Guarantor’s right of contribution under this Section 2.2 shall be subject to the terms and conditions of
Section 2.3. The provisions of this Section 2.2 shall in no respect limit the obligations and liabilities of any Guarantor to the Administrative Agent and the Secured Parties, and each Guarantor shall remain liable to the Administrative
Agent and the Secured Parties for the full amount guaranteed by such Guarantor hereunder. 
 2.3 Subrogation. Notwithstanding any
payment made by the Borrower or any of the Guarantors hereunder or any set-off or application of funds of the Borrower or any of the Guarantors by the Administrative Agent or any Secured Party, no Guarantor shall be entitled to be subrogated to any
of the rights of the Administrative Agent or any Secured Party against the Borrower or the Guarantors or any collateral security or guarantee or right of offset held by the Administrative Agent or any Secured Party for the payment of the Guaranteed
Obligations, nor shall any Guarantor seek or be entitled to seek any contribution or reimbursement from any other Guarantor in respect of payments made by the Borrower or such Guarantor hereunder, until all Guaranteed Obligations are irrevocably
satisfied in full and all Commitments have been irrevocably terminated, notwithstanding that, from time to time during the term of the Credit Agreement, no Obligations may be outstanding. If any amount shall be paid to any Guarantor on account of
such subrogation rights at any time when all of the Guaranteed Obligations shall not have been fully and finally paid in cash, such amount shall be held by such Guarantor in trust for the Administrative Agent for the benefit of the Secured Parties,
segregated from other funds of such Guarantor, and shall, forthwith upon receipt by such Guarantor, be turned over to the Administrative Agent by such Guarantor (duly indorsed by such Guarantor to the Administrative Agent, if required), to be
applied against the Guaranteed Obligations, whether matured or unmatured, in accordance with Section 2.8. 
  

  
 4 

 2.4 Amendments, etc. with respect to the Guaranteed Obligations. Each Guarantor shall
remain obligated hereunder notwithstanding that, without any reservation of rights against the Borrower or any Guarantor and without notice to or further assent by the Borrower or any Guarantor, any demand for payment of any of the Guaranteed
Obligations made by the Administrative Agent or any Secured Party may be rescinded by the Administrative Agent or such Secured Party and any of the Guaranteed Obligations continued, and the Guaranteed Obligations, or the liability of any other
Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived,
surrendered or released by the Administrative Agent or any Secured Party (with the consent of the Borrower and such of the Guarantors as shall be required thereunder), and the Credit Agreement and the other Loan Documents and any other documents
executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders, a supermajority of Lenders or all Lenders, as the case may be) may (with
the consent of the Borrower and such of the Guarantors as shall be required thereunder) deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Administrative Agent or any Secured Party for
the payment of the Guaranteed Obligations may (with the consent of the Borrower and such of the Guarantors as shall be required thereunder) be sold, exchanged, waived, surrendered or released. Neither the Administrative Agent nor any Secured Party
shall, except to the extent set forth in, and for the benefit of the parties to, the agreements and instruments governing such Lien or guarantee, have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security
for the Guaranteed Obligations or for the guarantees contained in this Section 2 or any property subject thereto. 
 2.5 Guarantee
Absolute and Unconditional. Each Guarantor waives any and all notice of the creation, renewal, extension or accrual of any of the Guaranteed Obligations and notice of or proof of reliance by the Administrative Agent or any Secured Party upon the
guarantee contained in this Section 2 or acceptance of the guarantee contained in this Section 2; the Guaranteed Obligations, and any of them, shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended,
amended or waived, in reliance upon the guarantee contained in this Section 2; and all dealings between the Borrower and any of the Guarantors, on the one hand, and the Administrative Agent and the Secured Parties, on the other hand, likewise
shall be conclusively presumed to have been had or consummated in reliance upon the guarantee contained in this Section 2. Each Guarantor waives diligence, presentment, protest and demand for payment and notice of default or nonpayment to or
upon the Borrower or any of the Guarantors with respect to the Guaranteed Obligations. Each Guarantor understands and agrees that the guarantee of each Guarantor contained in this Section 2 shall be construed as a continuing, absolute,
irrevocable and unconditional guarantee of payment (and not collectability) without regard to, and shall not be discharged or impaired or otherwise affected by, (a) the validity or enforceability of the Credit Agreement or any other Loan
Document, any of the Guaranteed Obligations or any collateral security therefor or guarantee or right of offset with respect thereto at any time or from time to time held by the Administrative Agent or any Secured Party, (b) any defense,
set-off or counterclaim (other than a defense of payment or performance) which may at any time be available to or be asserted by the Borrower or any other Person against the Administrative Agent or any Secured Party, or (c) any other
circumstance whatsoever (with or without notice to or knowledge of the Borrower or any Guarantor) which constitutes, or might 

  
 5 

 
be construed to constitute, an equitable or legal discharge of the Borrower for the Guaranteed Obligations, or of any Guarantor under the guarantee contained in this Section 2, in bankruptcy
or in any other instance. Each Guarantor agrees that the obligations of each Guarantor hereunder are independent of the obligations of the Borrower and the obligations of any other Guarantor, and a separate action or actions may be brought and
prosecuted against such Guarantor whether or not any action is brought against the Borrower or any such other Guarantor and whether or not the Borrower or such other Guarantor is joined in any such action or actions. When making any demand hereunder
or otherwise pursuing its rights and remedies hereunder against any Guarantor, the Administrative Agent or any Secured Party may, but shall be under no obligation to, make a similar demand on or otherwise pursue such rights and remedies as it may
have against the Borrower, any Guarantor or any other Person or against any collateral security or guarantee for the Guaranteed Obligations or any right of offset with respect thereto, and any failure by the Administrative Agent or any Secured Party
to make any such demand, to pursue such other rights or remedies or to collect any payments from the Borrower, any Guarantor or any other Person or to realize upon any such collateral security or guarantee or to exercise any such right of offset, or
any release of the Borrower, any Guarantor or any other Person or any such collateral security, guarantee or right of offset, shall not relieve any Guarantor of any obligation or liability under this Section 2, and shall not impair or affect
the rights and remedies, whether express, implied or available as a matter of law, of the Administrative Agent or any Secured Party against any Guarantor. For the purposes hereof “demand” shall include the commencement and continuance of
any legal proceedings. 
 2.6 Reinstatement. The guarantee contained in this Section 2 shall continue to be effective, or be
reinstated, as the case may be, if at any time payment, or any part thereof, of any of the Guaranteed Obligations is rescinded or must otherwise be restored or returned by the Administrative Agent or any Secured Party upon the insolvency,
bankruptcy, dissolution, liquidation or reorganization of the Borrower or any Guarantor or upon or as a result of the appointment of a receiver, intervener or conservator of, or trustee or similar officer for, the Borrower, any Guarantor or any
substantial part of its property, or otherwise, all as though such payments had not been made. 
 2.7 Payments. Each Guarantor hereby
guarantees that payments by it hereunder will be paid to the Administrative Agent without set-off or counterclaim subject to the terms hereof at the address of the Administrative Agent set forth in Section 9.2 of the Credit Agreement. 

2.8 Application of Proceeds. At such intervals as may be agreed upon by the Borrower, the Guarantors and the Administrative Agent, or,
if an Event of Default shall have occurred and be continuing, at any time at the Administrative Agent’s election, the Administrative Agent shall apply all or any part of proceeds of the guarantee set forth in this Section 2 in payment of
the Obligations in accordance with Section 7.2 of the Credit Agreement. 

  
 6 

 SECTION 3 

MISCELLANEOUS 
 3.1 Amendments
in Writing. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except in accordance with Section 9.1 of the Credit Agreement. 

3.2 Notices. All notices, requests and demands to or upon the Administrative Agent, the Borrower or the Guarantors hereunder shall be
effected in the manner provided for in Section 9.2 of the Credit Agreement. 
 3.3 No Waiver by Course of Conduct; Cumulative
Remedies. Neither the Administrative Agent nor any Secured Party shall by any act (except by a written instrument pursuant to Section 3.1), delay, indulgence, omission or otherwise be deemed to have waived any right or remedy hereunder or
to have acquiesced in any Default or Event of Default. No failure to exercise, nor any delay in exercising, on the part of the Administrative Agent or any Secured Party, any right, power or privilege hereunder shall operate as a waiver thereof. No
single or partial exercise of any right, power or privilege hereunder shall preclude any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by the Administrative Agent or any Secured Party of any right
or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which the Administrative Agent or such Secured Party would otherwise have on any future occasion. The rights and remedies herein provided are cumulative,
may be exercised singly or concurrently and are not exclusive of any other rights or remedies provided by applicable law. 
 3.4
Enforcement Expenses; Indemnification. (a) Each Guarantor agrees to pay, or reimburse each Secured Party and the Administrative Agent for, all their actual out-of-pocket costs and expenses incurred in collecting against such Guarantor
under the guarantee contained in Section 2 or otherwise enforcing or preserving any rights under this Agreement and the other Loan Documents to which such Guarantor is a party, including, without limitation, the reasonable and documented fees
and disbursements of a single law firm as counsel to the Lenders, the Issuing Bank and the Administrative Agent taken as a whole and one local counsel to the Lenders, the Issuing Bank and the Administrative Agent taken as a whole in any relevant
material jurisdiction and, if a conflict exists among such Persons, one additional primary counsel and, if necessary or advisable, one local counsel in each relevant jurisdiction. 

(b) Each Guarantor agrees to pay, and to save the Administrative Agent and the Secured Parties harmless from, any and all liabilities with
respect to, or resulting from any delay in paying, any and all stamp, excise, sales or other taxes which may be payable or determined to be payable in connection with any of the transactions contemplated by this Agreement. 

(c) Each Guarantor agrees to pay, and to save the Administrative Agent and the Secured Parties harmless from, any and all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery, enforcement, performance and administration of this Agreement to the
extent the Borrower would be required to do so pursuant to Section 9.5 of the Credit Agreement. 

  
 7 

 (d) The agreements in this Section shall survive repayment of the Obligations and all other
amounts payable under the Credit Agreement and the other Loan Documents. 
 3.5 Successors and Assigns. This Agreement shall be
binding upon the successors and permitted assigns of each Guarantor and shall inure to the benefit of the Administrative Agent and the Secured Parties and their successors and permitted assigns; provided that none of the Guarantors may
assign, transfer or delegate any of its rights or obligations under this Agreement without the prior written consent of the Administrative Agent. 

3.6 Set-Off. Each Guarantor hereby irrevocably authorizes the Administrative Agent and each Secured Party at any time and from time to
time while an Event of Default pursuant to Section 7.1 of the Credit Agreement shall have occurred and be continuing, without notice to the Borrower or such Guarantor, any such notice being expressly waived by such Guarantor, to set-off and
appropriate and apply any and all deposits (general or special, time or demand, provisional or final), in any currency, and any other credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or contingent,
matured or unmatured, at any time held or owing by the Administrative Agent or such Secured Party to or for the credit or the account of such Guarantor, or any part thereof in such amounts as the Administrative Agent or such Secured Party may elect,
against and on account of the obligations and liabilities of the Borrower and the Guarantors to the Administrative Agent or such Secured Party hereunder and claims of every nature and description of the Administrative Agent or such Secured Party
against the Borrower and the Guarantors, in any currency, whether arising hereunder, under the Credit Agreement, any other Loan Document or otherwise, as the Administrative Agent or such Secured Party may elect, whether or not the Administrative
Agent or any Secured Party has made any demand for payment and although such obligations, liabilities and claims may be contingent or unmatured. The Administrative Agent and each Secured Party shall notify such Guarantor promptly of any such set-off
and the application made by the Administrative Agent or such Secured Party of the proceeds thereof, provided that the failure to give such notice shall not affect the validity of such set-off and application. The rights of the Administrative
Agent and each Secured Party under this Section are in addition to other rights and remedies (including, without limitation, other rights of set-off) which the Administrative Agent or such Secured Party may have. 

3.7 Counterparts. This Agreement may be executed by one or more of the parties to this Agreement on any number of separate
counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Agreement by facsimile transmission shall be effective as delivery of a manually
executed counterpart hereof. 
 3.8 Severability. Any provision of this Agreement which is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. 

  
 8 

 3.9 Section Headings. The Section headings used in this Agreement are for convenience of
reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof. 
 3.10
Integration. This Agreement and the other Loan Documents represent the agreement of the Borrower, the Guarantors, the Administrative Agent and the Secured Parties with respect to the subject matter hereof and thereof, and there are no
promises, undertakings, representations or warranties by the Administrative Agent or any Secured Party relative to subject matter hereof and thereof not expressly set forth or referred to herein or in the other Loan Documents. 

3.11 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HERETO SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 3.12 Submission To Jurisdiction; Waivers. Each Guarantor hereby
irrevocably and unconditionally: 
 (a) submits for itself and its Property in any legal action or proceeding relating to
this Agreement and the other Loan Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the exclusive general jurisdiction of the Courts of the State of New York, the courts of the
United States of America for the Southern District of New York, and appellate courts from any thereof; 
 (b)
consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an
inconvenient court and agrees not to plead or claim the same; 
 (c) agrees that service of process in any such action or
proceeding may be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to the Borrower or such Guarantor at its address referred to in Section 3.2 or at such other
address of which the Administrative Agent shall have been notified pursuant thereto; 
 (d) agrees that the Administrative
Agent and the Lenders retain the right to bring proceedings against any Guarantor in the courts of any other jurisdiction in connection with the exercise of any rights under any Security Document or the enforcement of any judgment; 

(e) agrees that nothing herein shall affect the right to effect service of process in any other manner permitted by law or
shall limit the right to sue in any other jurisdiction; and 
 (f) waives, to the maximum extent not prohibited by law, any
right it may have to claim or recover in any legal action or proceeding referred to in this Section any special, exemplary, punitive or consequential damages. 

  
 9 

 3.13 Acknowledgments. Each Guarantor hereby acknowledges that: 

(a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents to
which it is a party; 
 (b) neither the Administrative Agent nor any Secured Party has any fiduciary relationship with or
duty to the Borrower or any Guarantor arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Borrower and the Guarantors, on the one hand, and the Administrative Agent and Secured
Parties, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and 
 (c) no joint
venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby among the Secured Parties or among the Borrower and the Guarantors and the Secured Parties. 

3.14 Additional Guarantors. Each Affiliate of the Borrower that is required to become a party to this Agreement pursuant to
Section 5.11 of the Credit Agreement, or that becomes a party hereto at the election of the Borrower in accordance with Section 5.11 of the Credit Agreement, shall become a Guarantor for all purposes of this Agreement upon execution and
delivery by such Affiliate of an assumption agreement in the form of Annex I hereto. 
 3.15 Termination or Release.
(a) At such time as all Guaranteed Obligations are irrevocably satisfied in full and all Commitments have been irrevocably terminated, this Agreement and all obligations (other than those expressly stated to survive such termination) of the
Administrative Agent and the Borrower and each Guarantor hereunder shall terminate, all without delivery of any instrument of performance of any act by any party. Each Guarantor is hereby authorized to file UCC amendments at such time evidencing the
termination. At the sole expense of the Borrower or any Guarantor following any such termination, the Administrative Agent shall execute and deliver to the Borrower or such Guarantor such documents as the Borrower or such Guarantor shall reasonably
request to evidence such termination. Any execution and delivery of documents or instruments pursuant to this Section 3.15 shall be without recourse to or warranty by the Administrative Agent. 

(b) The Administrative Agent shall also release a Guarantor from its obligations hereunder in accordance with Section 8.11 of the Credit
Agreement. Each Guarantor is hereby authorized to file UCC amendments at such time evidencing the release. At the sole expense of any Guarantor following any such release and in accordance with Section 8.11 of the Credit Agreement, the
Administrative Agent shall deliver to each Guarantor any Collateral held by the Administrative Agent hereunder and execute and deliver to such Guarantor such documents as such Guarantor shall reasonably request to evidence such release. Any
execution and delivery of documents or instruments pursuant to this Section 3.15 shall be without recourse to or warranty by the Administrative Agent. 

  
 10 

 (c) At any time that the respective Guarantor desires that the Administrative Agent take any of
the actions described in immediately preceding paragraph (b), it shall, upon the reasonable request of the Administrative Agent, deliver to the Administrative Agent an officer’s certificate certifying that the release of the respective
obligations hereunder is permitted pursuant to paragraph (a) or (b) above. The Administrative Agent shall have no liability whatsoever to any Secured Party as the result of any release of a Guarantor by it as permitted (or which the
Administrative Agent in good faith believes to be permitted) by this Section 3.15. 
 3.16 WAIVER OF JURY TRIAL. EACH
GUARANTOR AND, BY ACCEPTANCE OF THE BENEFITS HEREOF, THE ADMINISTRATIVE AGENT AND EACH SECURED PARTY, HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT
AND FOR ANY COUNTERCLAIM THEREIN. 
 [Signature page follows] 

  
 11 

 IN WITNESS WHEREOF, each of the undersigned has caused this Guarantee Agreement to be duly
executed and delivered as of the date first above written. 
  

			
	NEW MEDIA HOLDINGS I LLC,
	a Delaware limited liability company
		
	By:	 	/s/ Michael E. Reed
		 	Name: Michael E. Reed
		 	Title: Chief Executive Officer
	
	LOCAL MEDIA GROUP HOLDINGS LLC
	LOCAL MEDIA GROUP, INC.
	SEACOAST NEWSPAPERS, INC.
	LMG MASSACHUSETTS, INC.
	LMG PENNSYLVANIA MANAGEMENT, INC.
	THE INQUIRER AND MIRROR, INC.
	LMG PENNSYLVANIA HOLDINGS, INC.
	LMG PENNSYLVANIA, L.P., by its general partner, LMG Pennsylvania Management, Inc.
	THE MAIL TRIBUNE, INC.
	LMG NATIONAL PUBLISHING, INC.
	THE NICKEL OF MEDFORD, INC.
	LMG STOCKTON, INC.
		
	By:	 	/s/ Kirk A. Davis
		 	Name: Kirk A. Davis
		 	Title: Chief Executive Officer & President

 [signatures continue on the following page] 

  
 [Signature Page to
Guarantee Agreement] 

			
		
	 COPLEY OHIO NEWSPAPERS, INC.
 ENHE ACQUISITION,
LLC
 ENTERPRISE NEWSMEDIA HOLDING, LLC
 ENTERPRISE NEWSMEDIA,
LLC
 ENTERPRISE PUBLISHING COMPANY, LLC
 GATEHOUSE MEDIA
ARKANSAS HOLDINGS, INC.
 GATEHOUSE MEDIA CALIFORNIA HOLDINGS, INC.

GATEHOUSE MEDIA COLORADO HOLDINGS, INC.
 GATEHOUSE MEDIA
CONNECTICUT
 HOLDINGS, INC.
 GATEHOUSE MEDIA CORNING HOLDINGS,
INC.
 GATEHOUSE MEDIA DELAWARE HOLDINGS, INC.
 GATEHOUSE MEDIA
DIRECTORIES HOLDINGS, INC.
 GATEHOUSE MEDIA FLORIDA HOLDINGS, INC.

GATEHOUSE MEDIA FREEPORT HOLDINGS, INC.
 GATEHOUSE MEDIA HOLDCO,
LLC
 GATEHOUSE MEDIA ILLINOIS HOLDINGS II, INC.
 GATEHOUSE
MEDIA ILLINOIS HOLDINGS, INC.
 GATEHOUSE MEDIA INTERMEDIATE HOLDCO, LLC

GATEHOUSE MEDIA IOWA HOLDINGS, INC.
 GATEHOUSE MEDIA KANSAS
HOLDINGS II, INC.
 GATEHOUSE MEDIA KANSAS HOLDINGS, INC.

GATEHOUSE MEDIA LANSING PRINTING, INC.
 GATEHOUSE MEDIA LOUISIANA
HOLDINGS, INC.
 GATEHOUSE MEDIA MANAGEMENT
 SERVICES, INC.

GATEHOUSE MEDIA MICHIGAN HOLDINGS II, INC.
	  	 GATEHOUSE MEDIA MICHIGAN HOLDINGS, INC.

GATEHOUSE MEDIA MINNESOTA HOLDINGS, INC.
 GATEHOUSE MEDIA MISSOURI
HOLDINGS II, INC.
 GATEHOUSE MEDIA MISSOURI HOLDINGS, INC.

GATEHOUSE MEDIA MASSACHUSETTS I, INC.
 GATEHOUSE MEDIA
MASSACHUSETTS II, INC.
 GATEHOUSE MEDIA NEBRASKA HOLDINGS, INC.

GATEHOUSE MEDIA NEVADA HOLDINGS, INC.
 GATEHOUSE MEDIA NEW YORK
HOLDINGS, INC.
 GATEHOUSE MEDIA NORTH DAKOTA
 HOLDINGS,
INC.
 GATEHOUSE MEDIA OHIO HOLDINGS, INC.
 GATEHOUSE MEDIA
OKLAHOMA HOLDINGS, INC.
 GATEHOUSE MEDIA OPERATING, LLC

GATEHOUSE MEDIA PENNSYLVANIA
 HOLDINGS, INC.

GATEHOUSE MEDIA SUBURBAN NEWSPAPERS, INC.
 GATEHOUSE MEDIA
TENNESSEE HOLDINGS, INC.
 GATEHOUSE MEDIA TEXAS HOLDINGS, INC.

GATEHOUSE MEDIA VENTURES, INC.
 GATEHOUSE MEDIA, LLC

GEORGE W. PRESCOTT PUBLISHING COMPANY, LLC
 LIBERTY SMC,
L.L.C.
 LOW REALTY, LLC
 LRT FOUR HUNDRED, LLC

MINERAL DAILY NEWS TRIBUNE, INC.
 NEWS LEADER, INC.

SUREWEST DIRECTORIES
 TERRY NEWSPAPERS, INC.

THE PEORIA JOURNAL STAR, INC.

  

					
		 	By:	 	/s/ Kirk A. Davis
		 	 Name: Kirk A. Davis

		 	 Title: Chief Executive Officer & Chief Operating Officer

  
 [Signature Page to
Guarantee Agreement] 

 Annex I 

to  
 Guarantee
Agreement 
 ASSUMPTION AGREEMENT, dated as of             ,
201    , made by             , a             (the “Additional Guarantor”), in favor of
CITIZENS BANK OF PENNSYLVANIA, as administrative agent (in such capacity, the “Administrative Agent”) for the benefit of the Secured Parties. All capitalized terms not defined herein shall have the meaning ascribed to them in such
Credit Agreement. 

W I T N E S S E T H: 

WHEREAS, New Media Holdings I LLC, a Delaware limited liability company (“Holdings”), New Media Holdings II LLC, a Delaware
limited liability company (the “Borrower”), the Lenders and the Administrative Agent have entered into that certain Credit Agreement, dated as of June 4, 2014 (as amended, restated, supplemented or otherwise modified from time
to time, the “Credit Agreement”); 
 WHEREAS, in connection with the Credit Agreement, Holdings and certain Affiliates of
the Borrower have entered into (a) the Guarantee Agreement, dated as of June 4, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Guarantee Agreement”), in favor of the Administrative
Agent for the benefit of the Secured Parties, (b) the Security Agreement, dated as of June 4, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Security Agreement”), in favor of the
Administrative Agent for the benefit of the Secured Parties and (c) the Pledge Agreement, dated as of June 4, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the “Pledge Agreement”), in
favor of the Administrative Agent for the benefit of the Secured Parties; 
 WHEREAS, the Credit Agreement requires the Additional Guarantor
to become a party to the Guarantee Agreement, Security Agreement and Pledge Agreement; and 
 WHEREAS, the Additional Guarantor has agreed
to execute and deliver this Assumption Agreement in order to become a party to the Guarantee Agreement, Security Agreement and Pledge Agreement. 

NOW, THEREFORE, IT IS AGREED: 

1. Guarantee Agreement. By executing and delivering this Assumption Agreement, the Additional Guarantor, as provided in
Section 3.14 of the Guarantee Agreement, hereby becomes a party to the Guarantee Agreement as a Guarantor thereunder with the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the
foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. 

 2. Security Agreement. By executing and delivering this Assumption Agreement, the
Additional Guarantor hereby becomes a party to the Security Agreement as an Obligor thereunder with the same force and effect as if originally named therein as an Obligor and, without limiting the generality of the foregoing, hereby expressly
assumes all obligations and liabilities of an Obligor thereunder. Without limiting the generality of the foregoing terms of this Paragraph 2, the Additional Guarantor hereby grants to the Administrative Agent, for the benefit of the Lenders, a
continuing security interest in, and a right of set off, to the extent applicable, against any and all right, title and interest of the Additional Guarantor in and to the Collateral (as such term is defined in Section 2 of the Security
Agreement) of the Additional Guarantor. 
 3. Pledge Agreement. By executing and delivering this Assumption Agreement, the Additional
Guarantor hereby becomes a party to the Pledge Agreement as a Pledgor thereunder with the same force and effect as if originally named therein as a Pledgor and, without limiting the generality of the foregoing, hereby expressly assumes all
obligations and liabilities of a Pledgor thereunder. Without limiting the generality of the foregoing terms of this Paragraph 3, the Additional Guarantor hereby pledges and assigns to the Administrative Agent, for the benefit of the Lenders,
and grants to the Administrative Agent, for the benefit of the Lenders, a continuing security interest in any and all right, title and interest of the Additional Guarantor in and to Pledged Collateral (as such term is defined in Section 2 of
the Pledge Agreement) identified in Schedule 1 hereto. 
 4. Representations and Warranties. The Additional Guarantor hereby
represents and warrants that each of the representations and warranties contained in Sections 3.3, 3.4 and 3.5 of the Credit Agreement applicable to it is true and correct in all material respects with respect to it on and as of the date hereof as
if made on and as of such date. 
 5. GOVERNING LAW. THIS ASSUMPTION AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES TO THIS
ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 IN WITNESS
WHEREOF, the undersigned has caused this Assumption Agreement to be duly executed and delivered as of the date first above written. 
  

			
	ADDITIONAL GUARANTOR
		
	By:	 	 
		 	 Name:
 Title:

 SCHEDULE 1 

Pledged Equity 
  

									
	 	  	 Subsidiary
	  	 Jurisdiction
	  	 Name of Parent(s)
	  	 Percentage Ownership by
Parent(s)

	 1.
	  		  		  		  	
	 2.
	  		  		  		  	
	 3.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00233-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00233-of-00352.parquet"}]]