Document:

EX-10.13

 Exhibit 10.13 

 
 

 

  
 

 
 TABLE OF CONTENTS 

 

							
	  	 	 	  	Page	 
			
	 ARTICLE 1.
	 	Introduction	  	 	3	  
			
	 ARTICLE 2.
	 	Definitions	  	 	3	  
			
	 ARTICLE 3.
	 	Plan Participation	  	 	6	  
			
	 ARTICLE 4.
	 	Acceleration Of Vesting Of Equity Awards Upon Change In Control	  	 	6	  
			
	 ARTICLE 5.
	 	Termination Payment And Other Benefits Upon Certain Terminations Of Employment After Change In Control	  	 	7	  
			
	 ARTICLE 6.
	 	Restrictive Covenants	  	 	11	  
			
	 ARTICLE 7.
	 	Non-Duplication Of Payments And Benefits	  	 	13	  
			
	 ARTICLE 8.
	 	Source Of Payments	  	 	13	  
			
	 ARTICLE 9.
	 	Plan Administration And Claims Procedure	  	 	14	  
			
	 ARTICLE 10.
	 	Arbitration Of Disputes	  	 	14	  
			
	 ARTICLE 11.
	 	Miscellaneous Provisions	  	 	15	  

 2012 Executive Change in Control Plan 
  

  

	ARTICLE 1.	INTRODUCTION 

 Scripps Networks
Interactive, Inc., an Ohio corporation (the “Company”), has adopted this Scripps Networks Interactive, Inc. 2012 Executive Change in Control Plan (the “Plan”), effective as of [November 14, 2012] (the “Effective Date”).

 The Plan generally provides for certain potential termination payments and other benefits for covered executives who may be designated as
such by the Company and listed on Appendix A on or after the Effective Date, in the event that their employment terminates under prescribed circumstances after a change in control, all as specifically described in the following provisions of the
Plan. The Company believes that it will derive substantial benefits by adopting the Plan because its existence will: 
  

	 	•	 	 Allow covered executives to focus on the Company’s business and objectively evaluate any future proposals during potential change in control
transactions, 

  

	 	•	 	 Assist the Company in attracting and retaining selected executives, 

 

	 	•	 	 Provide for greater consistency of protection for selected executives, and 

 

	 	•	 	 Avoid problems associated with adopting change in control agreements during any future potential change in control transaction.

  

	ARTICLE 2.	DEFINITIONS 

  

	2.1	“Board” means the board of directors of the Company. 

 

	2.2	“Cause” means: 

  

	 	(a)	Commission of a felony or an act or series of acts that results in material injury to the business or reputation of the Company or any subsidiary;

  

	 	(b)	Willful failure to perform duties of employment, if such failure has not been cured in all material respects within twenty (20) days after the Company or
any subsidiary, as applicable, gives notice thereof; or 

  

	 	(c)	Breach of any material term, provision or condition of employment, which breach has not been cured in all material respects within twenty (20) days after
the Company or any subsidiary, as applicable, gives notice thereof. 

  

	2.3	“Change in Control” means the occurrence, after the Distribution Date, of any of the following with respect to the Company:

  

	 	(a)	 Any Person becomes a Beneficial Owner of a majority of the outstanding Common Voting Shares, $.01 par value, of the Company (or shares of
capital 

  
 Effective
November 14, 2012            3 

 2012 Executive Change in Control Plan 
  

	 	
stock of the Company with comparable or unlimited voting rights), excluding, however, The Edward W. Scripps Trust (the “Trust”) and the trustees thereof, and any Person that is
or becomes a party to the Scripps Family Agreement, dated October 15, 1992, as amended currently and as it may be amended from time to time in the future (the “Family Agreement”); or 

 

	 	(b)	Assets of the Company accounting for 90% or more of the Company’s revenues are disposed of pursuant to a merger, consolidation, sale, or plan of liquidation
and dissolution (unless the Trust or the parties to the Family Agreement have Beneficial Ownership of, directly or indirectly, a controlling interest (defined as owning a majority of the voting power) in the entity surviving such merger or
consolidation or acquiring such assets upon such sale or in connection with such plan of liquidation and dissolution). 

 For purposes of this Section 2.3, “Person” has the meaning provided in section 3(a)(9) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), and as
used in sections 13(d) and 14(d) of the Exchange Act, including a “group” within the meaning of section 13(d) of the Exchange Act; and “Beneficial Ownership” and “Beneficial Owner” have the meanings
provided in Rule 13d-3 promulgated under the Exchange Act. 
  

	2.4	“Code” means the Internal Revenue Code of 1986, as amended. 

 

	2.5	“Committee” means the Board’s Compensation Committee. 

 

	2.6	“Company” means Scripps Networks Interactive, Inc., an Ohio corporation, and any successor. 

 

	2.7	“Covered Executive” means an employee of the Company or its subsidiaries who is designated by the Company and listed in Appendix A on or after
the Effective Date and who remains employed as an executive and listed in Appendix A at the time of a Change in Control. 

  

	2.8	“Disability” means a Covered Executive’s termination or suspension of employment accompanied by his/her actual receipt of a Disability
Retirement Benefit under the Pension Plan or a Disability Benefit under the Long Term Disability Income Plan. A Covered Executive will be deemed to be in actual receipt of the aforementioned benefits during any waiting period, of up to ninety
(90) days duration, that is a prerequisite for the commencement of benefit payments. 

  

	2.9	“Good Reason” means any of the following actions on or after a Change in Control, without the Covered Executive’s consent:

  

	 	(a)	A material diminution in a Covered Executive’s annual salary or target annual incentive opportunity below the amount of annual salary or target annual
incentive opportunity in effect immediately prior to such Change in Control; 

  
 Effective
November 14, 2012            4 

 2012 Executive Change in Control Plan 
  

	 	(b)	A material diminution in a Covered Executive’s authority, duties, or responsibilities as compared to his or her authority, duties, or responsibilities
immediately prior to such Change in Control; 

  

	 	(c)	A material diminution in the authority, duties, or responsibilities of the supervisor to whom the Covered Executive is required to report, including a
requirement that the Covered Executive report to a corporate officer or employee instead of reporting directly to the Board; 

  

	 	(d)	A material diminution in the budget over which a Covered Executive retains authority as compared to the budget over which he or she had authority immediately
prior to such Change in Control; 

  

	 	(e)	A material change in geographic location at which a Covered Executive is principally employed as compared to the geographic location immediately prior to such
Change in Control; or 

  

	 	(f)	The Company’s (or successor’s) material breach of this Plan or of any material term, provision or condition of employment of a Covered Executive,
unless the Covered Executive’s employment is terminated for Cause within the applicable cure period set forth below. 

 A termination of a Covered Executive’s employment by a Covered Executive shall not be deemed to be for Good Reason unless (1) the Covered Executive gives notice to the Company of the existence
of the event or condition constituting Good Reason within thirty (30) days after such event or condition initially occurs or exists, (2) the Company fails to cure such event or condition within thirty (30) days after receiving such
notice, and (3) Executive’s “separation from service” within the meaning of Section 409A of the Code occurs not later than ninety (90) days after such event or condition initially occurs or exists (or, if earlier, the
last day of the 24-month period following a Change in Control). 
  

	2.10	“Long Term Disability Income Plan” means the employee benefit plan of that name sponsored by the Company, including any amended, restated or
successor version of that plan. 

  

	2.11	“Pension Plan” means the tax-qualified employee pension plan of that name sponsored by the Company (or in which the Company is a participating
company), including any amended, restated or successor version of that plan. “Supplemental Executive Retirement Plan” means the non-tax-qualified excess retirement plan sponsored by the Company (or in which the Company is a
participating company), including any amended, restated or successor version of that plan. 

  

	2.12	“Retirement” means the Covered Executive’s mandatory retirement in accordance with the Company’s mandatory retirement program, if any,
applicable to the Covered Executive as in effect immediately prior to a Change in Control, or the Covered Executive’s voluntary termination of employment, with or without Good Reason, on or after attaining age 65. 

  
 Effective
November 14, 2012            5 

 2012 Executive Change in Control Plan 
  

	2.13	“Termination Payment” is the payment described in Section 5.2 to which a Covered Executive may become entitled following termination of
his/her employment under the circumstances described in Section 5.1. 

  

	2.14	In addition to the foregoing, certain other terms of more limited usage are defined in other Articles of the Plan. All terms defined in the Plan are designated
with initial capital letters. 

  

	2.15	Whenever appropriate, words used herein in the singular may be read as the plural and the plural may be read as the singular. Unless otherwise clear from the
context, words used herein in the masculine shall also be deemed to include the feminine. 

  

	ARTICLE 3.	PLAN PARTICIPATION 

 An individual must be
a Covered Executive in order to participate in the Plan. The names of all Covered Executives are listed in Appendix A. The Committee may revise Appendix A at any time(s) by adding or deleting names (or changing Termination Pay Multiples), provided
that the deletion of any name (or reduction of any Termination Pay Multiple) shall require sixty (60) days’ advance written notice to each affected Covered Executive. Only those employees listed in Appendix A at the time of a Change in
Control are eligible to receive any rights, termination payment or other benefits under the Plan. 
  

	ARTICLE 4.	ACCELERATION OF VESTING OF EQUITY AWARDS UPON CHANGE IN CONTROL 

 Upon a Change in Control, the terms of the Scripps Networks Interactive, Inc. 2008 Long-Term Incentive Plan (or any successor plan) and the applicable award agreements shall govern the treatment of all
outstanding equity awards of a Covered Executive, including but not limited to any incentive or nonqualified stock options, stock appreciation rights in tandem with or independent of options (“SARs”), restricted or non-restricted
share awards, performance-based restricted shares, restricted stock units and performance units. 

  
 Effective
November 14, 2012            6 

 2012 Executive Change in Control Plan 
  

	ARTICLE 5.	TERMINATION PAYMENT AND OTHER BENEFITS UPON CERTAIN TERMINATIONS OF EMPLOYMENT AFTER CHANGE IN CONTROL 

 

	5.1	Eligibility for Termination Payment. Subject to Section 5.6, a Covered Executive will be entitled to receive a Termination Payment (described in
Section 5.2) if, within twenty-four (24) months after a Change in Control, his/her employment with the Company is terminated either (i) by the Company without Cause, or (ii) by the Covered Executive for Good Reason.
Notwithstanding the foregoing, a Covered Executive will not be entitled to any Termination Payment if his/her termination of employment is (i) of his/her own initiative for any reason other than Good Reason, or (ii) on account of his/her
Retirement, Disability or death. A Termination Payment is in lieu of any further salary, bonus, annual incentive or other payments to a Covered Executive for periods subsequent to the date of his/her termination of employment; but the Covered
Executive still will retain any and all of his/her vested rights under the Company’s employee pension and benefit plans and arrangements, including, without limitation, the Pension Plan and the Supplemental Executive Retirement Plan.

  

	5.2	Amount of Termination Payment. A Covered Executive’s Termination Payment is a cash lump sum equal to the amount computed by multiplying (i) the
sum of his/her Base Salary plus Annual Incentive, by (ii) his/her Termination Pay Multiple. A Covered Executive’s Termination Payment will be paid by the Company within thirty (30) days following his/her termination of employment.

 As used herein, the following terms have the following meanings: 

 

	 	(a)	“Base Salary” means a Covered Executive’s highest annualized rate of basic salary in effect at any time during the then current partial
calendar year, if applicable, and three (3) full prior calendar years preceding his/her termination of employment; 

  

	 	(b)	“Annual Incentive” means the higher of (i) a Covered Executive’s target annual incentive in the then partial calendar year, if
applicable, of his/her termination of employment, or (ii) his/her highest actual annual incentive earned in the three (3) full prior calendar years preceding his/her termination of employment under an annual incentive plan sponsored by the
Company (and annualized in the case of any pro rata annual incentive earned for a partial calendar year); and 

  

	 	(c)	“Termination Pay Multiple” is the number set forth beside a Covered Executive’s name in Appendix A under the column so named Termination
Pay Multiple. 

  

	5.3	Other Benefit Coverage. If a Covered Executive qualifies for a Termination Payment under Section 5.1, his/her Benefit Coverage shall be continued for
the Maximum Benefit Period or, if less, until the Covered Executive obtains full-time employment providing benefits substantially similar to his/her Benefit Coverage. To receive such Benefit Coverage, the Covered Executive must continue to pay the
same percentage of the total benefit premiums or contributions required from similarly situated executive employees at the time of the Covered Executive’s termination of employment (or, if materially less, at the time of the prior Change in
Control). 

 As used herein, the following terms have the following meanings: 

  
 Effective
November 14, 2012            7 

 2012 Executive Change in Control Plan 
  

	 	(a)	“Benefit Coverage” means the medical, vision, dental, disability, life and accidental death insurance benefits which the Covered Executive and
his/her eligible dependents, if any, were receiving at the time of his/her termination of employment (or, if materially greater, at the time of the prior Change in Control); and 

 

	 	(b)	“Maximum Benefit Period” is the number of months following the Covered Executive’s termination of employment equal to twelve
(12) times his/her Termination Pay Multiple. The Maximum Benefit Period automatically shall end if a Covered Executive dies, but only with respect to his/her own coverage, with coverage of any eligible dependent(s) continuing as though the
Covered Executive had not died so long as all required employee premiums or contributions continue to be paid by the eligible dependent(s). 

  

	5.4	Pension Enhancement. If a Covered Executive qualifies for a Termination Payment under Section 5.1, he/she will receive a cash lump sum equal to the
actuarially determined value of a Pension Enhancement. The Pension Enhancement will be paid by the Company at the same time as the Termination Payment. 

 For purposes of this Section 5.4, “Pension Enhancement” equals the sum of: 
  

	 	(a)	the excess, if any, of (i) the actuarial equivalent of the benefit under the Pension Plan and the Supplemental Executive Retirement Plan (utilizing
actuarial assumptions and factors no less favorable to the Covered Executive than the most favorable of those in effect under the Pension Plan for computing lump sum benefit payments at any time from the day immediately prior to the Change in
Control) that the Covered Executive would receive under the terms of those plans as in effect on the Change in Control, or if more favorable to the Covered Executive, on his or her termination of employment, if the Covered Executive’s
employment continued for a number of years (or fractions thereof) equal to his or her Termination Pay Multiple, assuming for this purpose that: (x) the Covered Executive’s age and vesting service (but not his or her benefits service) is
increased by the number of years that the executive is deemed to be so employed, and (y) the rate of base salary and bonus for each year that the executive is deemed to be so employed shall be determined by reference to the Covered
Executive’s Base Salary and Annual Incentive; provided that in no event shall a Covered Executive be deemed to earn compensation for any period after December 31, 2019, over (ii) the actuarial equivalent of the Covered
Executive’s actual benefit, if any, under the Pension Plan and the Supplemental Executive Retirement Plan (utilizing actuarial assumptions and factors no less favorable to the Covered Executive than the most favorable of those in effect under
the Pension Plan for computing lump sum benefit payments at any time from the day immediately prior to the Change in Control) as of the Covered Executive’s date of termination, plus 

  
 Effective
November 14, 2012            8 

 2012 Executive Change in Control Plan 
  

	 	(b)	an amount, if any, equal to the sum of the Nonelective Contributions as defined under the Scripps Networks Interactive 401K Savings Plan and Supplemental
Contributions as defined under the Scripps Networks Interactive, Inc. Supplemental Contribution Plan (or their successors) that the Covered Executive would receive under the terms of those plans as in effect on the Change in Control, or if more
favorable to the Covered Executive, on his or her termination of employment, if his or her employment continued for a number of years (or fractions thereof) equal to his or her Termination Pay Multiple, assuming for this purpose that: (i) the
Covered Executive’s age and years of nonelective contribution service are increased by the number of years (or fractions thereof) that the executive is deemed to be so employed, (ii) the Company’s allocation rate is equal to the rate
in effect on the date of the Change in Control, or if greater, the rate in effect immediately prior to the Covered Executive’s termination of employment, and (iii) the rate of base salary and bonus for each year that the executive is
deemed to be so employed shall be determined by reference to the Covered Executive’s Base Salary and Annual Incentive. 

 In addition, if a Covered Executive qualifies for a Termination Payment under Section 5.1, he/she shall also become fully vested in the Non-elective Contributions as defined under the Scripps
Networks Interactive 401K Savings Plan and Supplemental Contributions as defined under the Scripps Networks Interactive, Inc. Supplemental Contribution Plan, and related earnings, credited on his or her behalf under those plans (or their successors)
and the matching contributions (and related earnings) credited on his or her behalf under the Scripps Networks Interactive 401K Savings Plan and the Scripps Networks Interactive, Inc. Executive Deferred Compensation Plan (or their successors), and
such amounts shall be paid in accordance with the terms, and subject to the conditions, of the applicable plan. 
  

	5.5	Certain Reductions in Payments. 

  

	 	(a)	 Notwithstanding any provision of this Plan to the contrary, in the event that it shall be determined by the Firm (as defined below) that any
payment, benefit or distribution to or for a Covered Executive’s benefit, whether paid or payable or distributed or distributable pursuant to the terms of the Plan or otherwise pursuant to or by reason of any other agreement, policy, plan,
program, arrangement or similar right (a “Payment”), would be subject to the excise tax imposed by Section 4999 of the Code (or any successor provision thereto), or any interest or penalties with respect to such excise tax
(such tax, together with any such interest and penalties, hereafter collectively referred to as the “Excise Tax”), the Firm shall determine whether to reduce the aggregate amount of the Payments payable to the Covered Executive
under this Plan (the “Plan Payments”) to the Safe Harbor Amount (as defined below). A Covered Executive’s Plan Payments shall be reduced to the Safe Harbor Amount only if the Firm determines that the Covered Executive would
have a greater Net After-

  
 Effective
November 14, 2012            9 

 2012 Executive Change in Control Plan 
  

	 	
Tax Benefit (as defined below) if the Covered Executive’s Plan Payments were reduced to the Safe Harbor Amount. If, instead, the Firm determines that the Covered Executive would have a
greater Net After-Tax Benefit if the Covered Executive’s Plan Payments were not reduced to the Safe Harbor Amount, the Covered Executive shall receive all Plan Payments to which the Covered Executive is entitled under this Plan.

  

	 	(b)	If the Firm determines that the aggregate Plan Payments otherwise payable to a Covered Executive should be reduced to the Safe Harbor Amount pursuant to this
Section 5.5, the Company shall promptly give such Covered Executive notice to that effect and a copy of the detailed calculation thereof. All determinations made by the Firm under this Section 5.5 shall be binding upon the Company and each
Covered Executive and shall be made within fifteen (15) business days after a termination of the Covered Executive’s employment or such earlier date as requested by the Company. The reduction of the Covered Executive’s Plan Payments
to the Safe Harbor Amount, if applicable, shall be made by first reducing the payments under Section 5.2, and then any payments due under Section 5.4, and then any benefits due under Section 5.3 (with benefits or payments in any group
having different payment terms being reduced on a pro-rata basis). For purposes of reducing the Plan Payments to the Safe Harbor Amount, only amounts payable under the Sections of this Plan identified in the immediately preceding sentence (and no
other Payments) shall be reduced. All fees and expenses of the Accounting Firm pursuant to this Section 5.5 shall be borne solely by the Corporation. 

  

	 	(c)	The following terms shall have the following meanings for purposes of this Section 5.5. 

(i) “Firm” shall mean a nationally-recognized legal or accounting firm (which may be the Company’s
independent auditor) selected by the Company in its sole discretion. 
 (iii) “Net After-Tax
Benefit” shall mean the aggregate Parachute Value of all Payments to the Covered Executive, net of all taxes imposed on the Covered Executive with respect thereto under Sections 1 and 4999 of the Code and under applicable state and local
laws, as determined by the Firm. 
 (iii) “Parachute Value” of a Payment shall mean the economic
present value of the Payment as of the date of the Change in Control (or such other date as required pursuant to Section 280G), as determined by the Firm using the discount rate required by Section 280G(d)(4) of the Code. 

(iv) “Safe Harbor Amount” means the greatest amount of Plan Payments that can be paid to the Covered
Executive that would not result in the imposition of the Excise Tax upon the Covered Executive if the Firm determines to reduce Plan Payments to the Covered Executive pursuant to this Section 5.5. 

  
 Effective
November 14, 2012            10 

 2012 Executive Change in Control Plan 
  

	5.6	Cessation of Payments and Benefits. Notwithstanding anything contained in this Article 5 to the contrary, the Company’s payment obligations and the
Covered Executive’s right to payments and benefits under this Article 5 shall cease in the event the Covered Executive breaches any of the covenants contained in Article 6 hereof (and any such cessation of payment or benefit shall not reduce
any monetary damages that may be available to the Company as a result of such breach). 

  

	ARTICLE 6.	RESTRICTIVE COVENANTS 

  

	6.1	Confidentiality. By participating in the Plan (or by receiving or accepting any benefit under the Plan), each Covered Executive agrees that, during his or
her employment with the Company or any of its affiliated companies or at any time thereafter, (i) the Covered Executive shall not use for any purpose other than the duly authorized business of the Company, or disclose to any third party, any
information relating to the Company or any of its affiliated companies which is proprietary to the Company or any of its affiliated companies (“Confidential Information”), including any trade secret or any written (including in any
electronic form) or oral communication incorporating Confidential Information in any way (except as may be required by law or in the performance of the Covered Executive’s duties for the Company or any of its affiliated companies consistent
with the Company’s policies); and (ii) the Covered Executive will comply with any and all confidentiality obligations of the Company to a third party, whether arising under a written agreement or otherwise. Information shall not be deemed
Confidential Information which (x) is or becomes generally available to the public other than as a result of a disclosure by the Covered Executive or at his or her direction or by any other person who directly or indirectly receives such
information from the Covered Executive, or (y) is or becomes available to the Covered Executive on a non-confidential basis from a source which is entitled to disclose it to the Covered Executive. A Covered Executive’s obligations under
this Section 6.1 are in addition to, and not in limitation of or preemption of, all other obligations of confidentiality which the Covered Executive may have to the Company or its affiliated companies under general legal or equitable
principles, and federal, state or local law. 

  

	6.2	 Non-Competition; Non-Solicitation. By participating in the Plan (or by receiving or accepting any benefit under the Plan), each Covered
Executive agrees that, during the Restriction Period (as defined below), the Covered Executive shall not directly or indirectly engage in or participate as an owner, partner, stockholder, officer, employee, director, agent of or consultant for any
business competitive with any business of the Company or any of its affiliated companies, without the prior written consent of the Company; provided, however, that this provision shall not prevent a Covered Executive from investing as a
less-than-one-percent (1%) stockholder in the securities of any company listed on a national securities exchange or quoted on an automated quotation 

  
 Effective
November 14, 2012            11 

 2012 Executive Change in Control Plan 
  

	 	
system. Each Covered Executive also agrees that, during the Restriction Period, he or she shall not, directly or indirectly: (i) employ or solicit the employment of any person who is then or
has been within six (6) months prior thereto, an employee, independent contractor or consultant of the Company or any of its affiliated companies; or (ii) interfere with, disturb or interrupt the relationships (whether or not such
relationships have been reduced to formal contracts) of the Company or any of its affiliated companies with any talent, production companies, vendors, advertisers (including, without limitation their agencies or representatives), sponsors,
distributors, customers, suppliers, agents, consultants or independent contractors. For purposes of this Article 6, the term Restriction Period shall mean, with respect to any Covered Executive, the period commencing on the Covered Executive’s
date of termination of employment for any reason and ending on the first anniversary thereof. 

  

	6.3	Non-Disparagement. By participating in the Plan (or by receiving or accepting any benefit under the Plan), each Covered Executive agrees that, during his
or her employment with the Company or any of its affiliated companies or at any time thereafter, the Covered Executive shall not make, nor cause any one else to make or cause on the Covered Executive’s behalf, any public disparaging or
derogatory statements or comments regarding the Company or its affiliated companies, or its officers or directors. 

  

	6.4	Adequate Consideration. By participating in the Plan (or by receiving or accepting any benefit under the Plan), each Covered Executive agrees and
acknowledges that the promises and obligations made by the Company in this Plan (specifically including, but not limited to, the payments and benefits provided for under Article 5 hereof) constitute sufficient consideration for the covenants
contained in this Article 6. Each Covered Executive further acknowledges that it is not the Company’s intention to interfere in any way with his employment opportunities, except in such situations where the same conflict with the legitimate
business interests of the Company or any of its affiliated companies. Each Covered Executive agrees that he or she will notify the Company in writing if he or she has, or reasonably should have, any questions regarding the applicability of this
Article 6. 

  

	6.5	Revision. By participating in the Plan (or by receiving or accepting any benefit under the Plan), each Covered Executive agrees that if, at the time of
enforcement of this Article 6 a court holds that the restrictions stated herein are unreasonable under circumstances then existing, the maximum period, scope or geographical area reasonable under such circumstances shall be substituted for the
stated period, scope or geographical area and that the court shall be allowed to revise the restrictions contained herein to cover the maximum period, scope and geographical area permitted by law. 

 

	6.6	 Enforcement. By participating in the Plan (or by receiving or accepting any benefit under the Plan), each Covered Executive agrees that
any breach or threatened breach of this Article 6 by such Covered Executive will cause injury to the Company and its 

  
 Effective
November 14, 2012            12 

 2012 Executive Change in Control Plan 
  

	 	
affiliates for which money damages alone will not provide an adequate remedy and that if the Covered Executive commits or threatens to commit any such breach, the Company or any of its affiliates
shall have the right to have the provisions of this Article 6 specifically enforced by any court having jurisdiction (without posting a bond or other security). Each Covered Executive also agrees that he or she will not assert in any such
enforcement action that the Company or any of its affiliates have an adequate remedy in damages; and that such rights and remedies will be in addition to and not in lieu of any other rights or remedies available to the Company or any of its
affiliates at law or in equity. If a Covered Executive violates any of the covenants in this Article 6, the Covered Executive agrees to an extension of such covenant on the same terms and conditions for an additional period of time equal to the time
that elapses from the commencement of such violation to the later of (i) the termination of such violation or (ii) the final resolution of any litigation stemming from such violation. 

 

	ARTICLE 7.	NON-DUPLICATION OF PAYMENTS AND BENEFITS 

Notwithstanding any contrary provision of the Plan, there shall be no duplication of rights, payments and benefits under the Plan with rights, payments
and benefits granted to a Covered Executive, in the event of a termination of his/her employment after a Change in Control, under any other agreement, plan or arrangement (“Alternate Plan”). In order to prevent such duplication, if
the Covered Executive is entitled to payments or benefits under Article 5 upon termination of employment, the Covered Executive shall not be entitled to any severance pay or benefits under any Alternate Plan unless otherwise specifically provided in
this Plan or in the Alternative Plan (in a specific reference to this Plan). In particular, and without limiting the foregoing, in no event will a Covered Executive be entitled to receive any payments or benefits under the Scripps Networks
Interactive, Inc. Executive Change In Control Plan (originally adopted effective immediately prior to the Distribution Date as defined in the Employee Matters Agreement between the E.W. Scripps Company and the Company and as amended and restated
thereafter). Notwithstanding the foregoing, any payments due under the Executive Annual Incentive Plan upon a Covered Executive’s termination of employment following a Change in Control shall be in addition to (and shall not be considered
duplicative of) any payments or benefits provided under this Plan. 
  

	ARTICLE 8.	SOURCE OF PAYMENTS 

 All payments required
under the terms of the Plan shall be paid in cash from the general assets of the Company. A Covered Executive shall have the status of a general creditor of the Company with respect to any and all claims for payments under the Plan. 

  
 Effective
November 14, 2012            13 

 2012 Executive Change in Control Plan 
  

	ARTICLE 9.	PLAN ADMINISTRATION AND CLAIMS PROCEDURE 

  

	9.1	Plan Administration. The Plan shall be administered by the Committee and/or its designee(s). The Committee shall have rights, powers and duties with
respect to the Plan that are comparable to those granted to the designated pension board under the Pension Plan. Without limiting the generality of the foregoing, the Committee has full authority to (i) interpret the Plan, (ii) determine
all questions relating to the rights and status of Covered Executives and their Termination Payments, Benefit Coverage, Pension Enhancements and Gross-Up Payments, and (iii) make such rules and regulations for the administration of the Plan as
are not inconsistent with its express terms and provisions. This provision is included in the Plan for the express purpose of giving and granting to the Committee the maximum discretionary authority possible under Firestone Tire and Rubber
Company v. Bruch, 489 U.S. 101 (1989). Decisions by the Committee shall be made by majority vote of all members of the Committee. 

  

	9.2	Claims Procedure. If any Covered Executive’s claim for payments or benefits under the Plan is denied, the Committee shall cause a written notice to
be sent to the Covered Executive setting forth the specific reasons for the denial, specific reference to the provisions of the Plan on which the denial is based, a description of any material or information necessary to perfect the denied claim
(together with an explanation of why such material or information is necessary), and an explanation of the review procedure described below. Within sixty (60) days after receipt of such notice of denial from the Committee, the Covered
Executive, or his/her duly authorized representative, may request a review of the denied claim by written application to the Committee. In connection with such request for review, the Covered Executive, or his/her duly authorized representative,
shall be entitled to review any and all documents pertinent to the claim or its denial and also shall be entitled to submit issues and comments in writing. The decision of the Committee upon such review shall be made not later than sixty
(60) days after the receipt of such request for review, unless special circumstances shall require an extension of time for processing, in which case a decision shall be rendered as soon as possible, but not later than one hundred twenty
(120) days after the Committee’s receipt of the request for review. The decision of the Committee upon review of the denied application shall be in writing and shall include specific reasons for the decision and specific references to the
pertinent Plan provisions on which the decision is based. All written communications from the Committee under this Section 9.2 shall be written in a manner calculated to be understood by the recipient. 

 

	ARTICLE 10.	ARBITRATION OF DISPUTES 

 Any controversy
or claim arising out of or relating to the Plan that cannot be resolved pursuant to Section 9.2 shall be settled by binding arbitration in the City of Knoxville, Tennessee, in accordance with the Commercial Arbitration Rules of the American
Arbitration Association then 

  
 Effective
November 14, 2012            14 

 2012 Executive Change in Control Plan 
  

 
pertaining in such city; and judgment upon the award rendered by the arbitrator or arbitrators may be entered in any court in Knox County, Tennessee having jurisdiction thereof. The arbitrator or
arbitrators shall have powers to issue mandatory orders and restraining orders in connection with such arbitration. Neither the Company nor a Covered Executive shall be liable for punitive or exemplary damages. Each party shall be responsible for
its/his/her own costs and expenses (including attorneys’ fees). The federal and state courts in Knox County, Tennessee shall have exclusive jurisdiction with respect to the entry of judgment upon any arbitration award hereunder or the granting
of any order; and such courts shall have exclusive jurisdiction with respect to any other controversy or claim arising out of or relating to the Plan that may properly be brought therein if the provisions herein mandating arbitration are held to be
unenforceable. Notwithstanding the foregoing, the Company shall not be required to seek or participate in arbitration regarding any breach or threatened breach by a Covered Executive of his or her obligations under Article 6 hereof, but may pursue
its remedies for such breach in a court of competent jurisdiction in Knox County, Tennessee. 
  

	ARTICLE 11.	MISCELLANEOUS PROVISIONS 

  

	11.1	ERISA and Governing Law. The Plan is an unfunded deferred compensation plan for a select group of management or highly compensated employees, as defined
in Section 201(2) and 401(a)(1) of the Employee Retirement Security Act of 1974, as amended (“ERISA”). As such, the Plan is expressly excluded from all, or substantially all, of the provisions of ERISA, including but not
limited to Parts 2 and 3 of Title I thereof. None of the statutory rights and protections conferred on participants by ERISA are conferred under the terms of this Plan, except as expressly noted or required by operation of law. To the extent not
superseded by federal law, the laws of the State of Tennessee shall control in any and all matters relating to the Plan. 

  

	11.2	Benefits Are Nonassignable. No right, payment or benefit under the Plan may be pledged, assigned, anticipated or alienated in any way by any Covered
Executive, otherwise than by will or the laws of descent and distribution. This Plan shall inure to the benefit of and be enforceable by the legal representatives of a Covered Executive. The Company will require any successor (whether direct or
indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Plan in the same manner and to the same extent that the Company would
be required to perform it if no such succession had taken place. “Company” means the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid that assumes and agrees to perform this Plan by operation of
law or otherwise. This Plan shall inure to the benefit of and be binding upon the Company and its successors and assigns. 

  

	11.3	 Amendment, Suspension or Termination of Plan. The Company hereby reserves the right and power to amend, suspend or terminate the Plan, in
whole or in part, at any time and from time to time; provided, however, that any action taken after a Change in Control or within sixty (60) days prior to a Change in Control cannot materially adversely

  
 Effective
November 14, 2012            15 

 2012 Executive Change in Control Plan 
  

	 	
affect the rights, payments or benefits of any employee who then is a Covered Executive without his/her express written consent. All actions pursuant to this Section 11.3 shall be set forth
in a written instrument adopted by the Committee and approved or ratified by the Board. 

  

	11.4	No Guarantee Of Employment. Nothing contained in the Plan shall be construed as a contract of employment between the Company or any Covered Executive, or
as a right of any Covered Executive to continue in the employment of the Company, or as a limitation of the right of the Company to discharge any Covered Executive, with or without cause, at any time. 

 

	11.5	Severability. If any provision of the Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining
provisions hereof; instead, each provision shall be fully severable and the Plan shall be construed and enforced as if the illegal or invalid provision had never been included herein. 

 

	11.6	Covered Executives Deemed to Accept Plan. By accepting any benefit under the Plan, each Covered Executive and each person claiming under or through any
such Covered Executive shall be conclusively deemed to have indicated his acceptance and ratification of, and consent to, all of the terms and conditions of the Plan and any action taken under the Plan by the Board, the Committee or the Company or
its affiliates, in any case in accordance with the terms and conditions of the Plan. 

  

	11.7	No Offsets or Mitigation. Except as otherwise provided in Section 5.6 hereof, the Company’s obligation to make the payments provided for in this
Plan and otherwise to perform its obligations hereunder shall be absolute and unconditional and shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company or any of its affiliates may
have against the Covered Executive or others. In no event shall a Covered Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Covered Executive under any of the provisions of
this Plan and such amounts shall not be reduced whether or not the Covered Executive obtains other employment. 

  

	11.8	Section 409A of the Code. 

  

	 	(a)	Section 409A of the Code (“Section 409A”) imposes payment restrictions on “separation pay” (i.e., payments owed to a Covered Executive
upon termination of employment). Failure to comply with these restrictions could result in negative tax consequences to the Covered Executive, including immediate taxation, interest and a 20% penalty tax. It is the Company’s intent that this
Plan be exempt from the application of, or otherwise comply with, the requirements of Section 409A. Specifically, any taxable benefits or payments provided under this Plan are intended to be separate payments that qualify for the
“short-term deferral” exception to Section 409A to the maximum extent possible, and to the extent they do not so qualify, are intended to qualify for the involuntary separation pay exceptions to Section 409A of the Code, to the
maximum extent possible. If neither of these exceptions applies, then notwithstanding any provision in this Plan to the contrary: 

  
 Effective
November 14, 2012            16 

 2012 Executive Change in Control Plan 
  

	 	(i)	All amounts that would otherwise be paid or provided during the first six months following the date of termination shall instead be accumulated through and paid or
provided (together with interest on any delayed payment at the applicable federal rate under the Code), on the first business day following the six-month anniversary of the Covered Executive’s termination of employment.

  

	 	(ii)	Any expense eligible for reimbursement must be incurred, or any entitlement to a benefit must be used, during the applicable expense reimbursement or benefit
continuation period provided in this Plan. The amount of the reimbursable expense or benefit to which a Covered Executive is entitled during a calendar year will not affect the amount to be provided in any other calendar year, and a Covered
Executive’s right to receive the reimbursement or benefit is not subject to liquidation or exchange for another benefit. Provided the requisite documentation is submitted, the Company will reimburse the eligible expenses on or before the last
day of the calendar year following the calendar year in which the expenses were incurred. 

  

	 	(b)	For purposes of this Plan, “termination of employment” or words or phrases to that effect shall mean a “separation from service” within the meaning
of Section 409A. 

  
 Effective
November 14, 2012            17EX-10.14

 Exhibit 10.14 

 
 

 

  
 

 
 Scripps Networks Interactive, Inc. 
 Executive Severance Plan 
 (As Amended and Restated effective October 6, 2014)

  

	1.	ESTABLISHMENT; PURPOSE.  

 (a)
Establishment. Scripps Networks Interactive, Inc. (the “Company”) established the Scripps Networks Interactive, Inc. Executive Severance Plan (the “Plan”) effective January 1, 2011. The Company amended and restated
the Plan effective January 1, 2012 and November 14, 2012, March 14, 2013 and further amends and restates the Plan effective October 6, 2014, as set forth in this document. 

(b) Purpose. The Plan is a welfare benefit plan under ERISA (as defined below) that is designed to provide financial protection in the event of
unexpected job loss to certain employees of the Company and its U.S. Affiliates who are expected to make substantial contributions to the success of the Company and thereby provide for stability and continuity of management. 

 

	2.	DEFINITIONS. 

 For purposes of the Plan,
the following terms have the meanings set forth below: 
  

	 	•	 	 “2014 Voluntary Early Retirement Window Program” means the Scripps Networks Interactive, Inc. 2014 Voluntary Early Retirement Window
Program. 

  

	 	•	 	 “Accrued Benefits” has the meaning given that term in Section 4(a) hereof. 

 

	 	•	 	 “Affiliate” means any company or other entity controlled by, controlling or under common control with the Company.

  

	 	•	 	 “Base Salary” means the Participant’s annual rate of base salary in effect as of the Date of Termination, but, solely with
respect to a Group I Participant, prior to any reduction to Base Salary that would qualify as a Good Reason termination event. 

  

	 	•	 	 “Benefit Continuation Period” means, with respect to a Participant, the number of months in the applicable benefit continuation period
set forth in Exhibit A hereto. 

  

	 	•	 	 “Cause” shall mean exclusively: (i) embezzlement, fraud or other conduct that would constitute a felony (other than
traffic-related citations); (ii) willful unauthorized disclosure of Confidential Information; (iii) material breach by a Participant of the terms of the Plan or 

  
 Effective
October 6, 2014            1 

 Scripps Networks Interactive Executive Severance Plan 

 

	 	 
the Participant’s Employment Agreement; (iv) gross misconduct or gross neglect in the performance of a Participant’s duties of employment; (v) willful failure to cooperate
with a bona fide internal investigation or investigation by regulatory or law enforcement authorities, after being instructed by the Company or an Affiliate to cooperate, or the willful destruction or failure to preserve documents or other material
reasonably known to be relevant to such an investigation, or the willful inducement of others to fail to cooperate or to destroy or fail to produce documents or other material; or (vi) willful and material violation of the Company’s or an
Affiliate’s written conduct policies, including but not limited to the Company’s Employment Handbook and Ethics Code. The Company or Affiliate will give a Participant written notice prior to terminating the Participant’s employment
pursuant to (iii), (iv), (v), or (vi) of the immediately preceding sentence, setting forth the nature of any alleged failure, breach or refusal in reasonable detail and the conduct required to cure. Except for a failure, breach or refusal
which, by its nature, cannot reasonably be expected to be cured, the Participant shall have 20 business days from the giving of such notice within which to cure any such failure, breach or refusal; provided, however, that, if the Company or
Affiliate reasonably expects irreparable injury from a delay of 20 business days, the Company or Affiliate may give the Participant notice of such shorter period within which to cure as is reasonable under the circumstances.

  

	 	•	 	 “Change in Control Plan” means the Scripps Networks Interactive, Inc. Executive Change in Control Plan, as the same may be amended
from time to time, and any successor plan thereto. 

  

	 	•	 	 “Code” means the Internal Revenue Code of 1986, as amended. 

 

	 	•	 	 “Committee” means the Company’s Employee Benefits Committee, or its delegate. 

 

	 	•	 	 “Company” means Scripps Networks Interactive, Inc. and any successor to its business or assets, by operation of law or otherwise.

  

	 	•	 	 “Compensation Committee” means the Compensation Committee of the Board of Directors of the Company, or its delegate.

  

	 	•	 	 “Confidential Information” shall have the meaning given that term in Section 7(a) hereof. 

 

	 	•	 	 “Date of Termination” means (i) if a Group I Participant voluntarily resigns for Good Reason, or if a Participant’s
employment is terminated by the Company with or without Cause, the date specified in the Notice of Termination; (ii) if a Group I Participant voluntarily resigns without Good Reason or a Group II Participant voluntarily resigns for any reason
(in either case not in connection with the 2014 Voluntary Early Retirement Window Program), the date specified in the Notice of Termination, provided that on such a voluntary resignation, the Company may, in its sole discretion, make such
termination effective on any date it elects in writing, between the date of the notice and the proposed date of termination specified in the notice; (iii) if the Participant’s employment is terminated by reason of death, the date of death
of the Participant; (iv) if the Participant’s employment is 

  
 Effective
October 6, 2014            2 

 Scripps Networks Interactive Executive Severance Plan 

 

	 	 
terminated by the Company due to Disability, 30 calendar days after Notice of Termination is given (provided that the Participant shall not have returned to the full-time performance of the
Participant’s duties during such 30 calendar day period); or (v) if the Participant voluntary terminates his/her employment in accordance with the terms, and subject to the conditions, of the 2014 Voluntary Early Retirement Window Program,
the date specified by the Company. 

  

	 	•	 	 “Disability” shall be defined by reference to the Company’s employee long-term disability plan covering the Participant.

  

	 	•	 	 “Effective Date” means January 1, 2011. 

 

	 	•	 	 “Eligible Employee” means an individual who is described as such in Section 3(a) hereof. 

 

	 	•	 	 “Employee Matters Agreement” means the Employee Matters Agreement by and between The E. W. Scripps Company and the Company.

  

	 	•	 	 “Employment Agreement” means, with respect to any Participant, an employment agreement between the Participant and the Company or its
Affiliates, as amended from time to time. 

  

	 	•	 	 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended. 

 

	 	•	 	 “EWS Group” has the meaning given that term in the Employee Matters Agreement. 

 

	 	•	 	 “Financial Planning Stipend” means, with respect to a Participant, the applicable financial planning stipend set forth in Exhibit
A hereto. 

  

	 	•	 	 “Former EWS Employee” has the meaning given that term in the Employee Matters Agreement. 

 

	 	•	 	 “Good Reason” means, except as otherwise provided in a Participant’s Employment Agreement with specific reference to the Plan,
without the Participant’s consent (other than in connection with the termination or suspension of the Participant’s employment or duties for Cause or in connection with the Participant’s Disability) exclusively: (i) a material
diminution in the Participant’s base salary or target annual incentive opportunity; (ii) a material diminution in the Participant’s authority, duties, or responsibilities; (iii) a material diminution in the authority, duties, or
responsibilities of the supervisor to whom the Participant is required to report; (iv) a requirement that the Participant report to someone else other than the Participant’s supervisor or similar positions then in effect that results in a
material diminution in the Participant’s reporting structure; (v) a material diminution in the budget over which the Participant retains authority (except for good faith budget adjustments necessitated by the legitimate business needs of
the Company); (vi) a material change in geographic location at which the Participant must perform services from the Company’s offices at which the Participant was principally employed; or (vii) any other

  
 Effective
October 6, 2014            3 

 Scripps Networks Interactive Executive Severance Plan 

 

	 	 
action or inaction that constitutes a material breach by the Company of the terms of the Participant’s Employment Agreement; provided, however, that no such event described above shall
constitute Good Reason unless: (1) the Participant gives Notice of Termination to the Company specifying the condition or event relied upon for such termination within 90 calendar days after the initial existence of such event; and (2) the
Company fails to cure the condition or event constituting Good Reason within 30 calendar days after receipt of the Participant’s Notice of Termination. 

 

	 	•	 	 “Group I Participant” means a Participant whose Employment Agreement, as in effect immediately prior to the Participant’s
termination of employment with the Company and its U.S. Affiliates, provides for payment of severance in connection with a termination of employment by the Participant for “good reason”, as defined in the Employment Agreement.

  

	 	•	 	 “Group II Participant” means a Participant who is not a Group I Participant. 

 

	 	•	 	 “Notice of Termination” means a written notice in accordance with Section 16 of the Plan which (i) indicates the specific
termination provision in the Plan relied upon; (ii) to the extent applicable, sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Participant’s employment under the provision so
indicated; and (iii) if the Date of Termination is other than the date of receipt of such notice, specifies the termination date (which date shall be not more than 90 calendar days, and not fewer than 30 calendar days, after the giving of such
notice). The failure by the Participant or the Company to set forth in the Notice of Termination any fact or circumstance which contributes to a showing of Good Reason or Cause shall not waive any right of the Participant or the Company,
respectively, hereunder or preclude the Participant or the Company, respectively, from asserting such fact or circumstance in enforcing the Participant’s or the Company’s rights hereunder. 

 

	 	•	 	 “Participant” means an Eligible Employee who meets the eligibility requirements and other conditions of Section 3 hereof, until
such time as the Eligible Employee’s participation ceases in accordance with Section 3(b) hereof. 

  

	 	•	 	 “Pro-Rated Annual Incentive” means the product of (i) the annual incentive that would have been payable under the annual
incentive plan of the Company or a U.S. Affiliate covering the Participant for the fiscal year during which the Date of Termination occurs if the Participant had remained employed for the entire year (and any additional period of time necessary to
be eligible to receive such annual incentive for such fiscal year), based on actual performance during the entire fiscal year and without regard to any discretionary adjustments that have the effect of reducing the amount of the annual incentive
(other than discretionary adjustments applicable to all similarly-situated executives who did not terminate employment), and (ii) a fraction, the numerator of which is the number of calendar days in the Company’s fiscal year through (and
including) the Participant’s Date of Termination, and the denominator of which is 365. 

  
 Effective
October 6, 2014            4 

 Scripps Networks Interactive Executive Severance Plan 

 

	 	•	 	 “Qualified Termination” means any termination of a Participant’s employment (i) by the Company or its Affiliates without
Cause, or by reason of the Participant’s death or Disability, or (ii) solely with respect to a Group I Participant, by the Participant for Good Reason. Notwithstanding the foregoing, the termination of a Participant’s employment shall
not be considered a Qualified Termination for any purpose of the Plan if such termination of employment is (x) on account of the Participant’s mandatory retirement in accordance with the Company’s mandatory retirement program, if any,
applicable to the Participant, or the Participant’s voluntary termination of employment, with or without Good Reason, on or after attaining age 65, or (y) of the Participant’s own initiative for any reason other than Good Reason.
Notwithstanding anything in this paragraph to the contrary, a voluntary termination of employment in accordance with the terms, and subject to the conditions, of the 2014 Voluntary Early Retirement Window Program shall be treated as a
“Qualified Termination” for the purposes of the Plan. 

  

	 	•	 	 “Release” means the Confidential Release Agreement in the form attached as Exhibit B to the Plan (with such changes as the
Company may determine to be required or reasonably advisable in order to make the release enforceable and otherwise compliant with applicable law). Notwithstanding the foregoing, for any Qualified Termination that occurs in accordance with the
terms, and subject to the conditions, of the 2014 Voluntary Early Retirement Window Program, the term Release means the Confidential Release Agreement in a form provided by the Company. 

 

	 	•	 	 “Release Deadline” means the 52nd calendar day after the Participant’s Date of Termination. 

 

	 	•	 	 “Restriction Period” means, with respect to any Participant, the period commencing on the Participant’s Date of Termination of
employment for any reason and ending on the first anniversary thereof. 

  

	 	•	 	 “Section 409A” means Section 409A of the Code and any proposed, temporary or final regulations, or any other guidance,
promulgated with respect to such Section 409A by the U.S. Department of Treasury or the Internal Revenue Service. 

  

	 	•	 	 “Severance Multiple” means, with respect to a Participant, the applicable severance multiple set forth in Exhibit A hereto.

  

	 	•	 	 “Talent Framework Level” means a level specified from time to time in the Company’s Talent Framework and Title Convention (as the
same shall be reviewed annually by the Compensation Committee). 

  

	 	•	 	 “Target Annual Commission” means, with respect to any Participant, the Participant’s target annual commission opportunity under
the annual commission plan of the Company or a U.S. Affiliate applicable to the Participant for the fiscal year which includes the Date of Termination, or, if no target has been set with respect to the Participant for such fiscal year, the target
annual commission opportunity for the immediately preceding fiscal year; 

  
 Effective
October 6, 2014            5 

 Scripps Networks Interactive Executive Severance Plan 

 

 
provided that, solely with respect to a Group I Participant, the Participant’s Target Annual Commission shall be determined prior to any reduction in the Participant’s target annual
commission opportunity that would qualify as a Good Reason termination event. For the avoidance of doubt, Target Annual Commission does not include bonuses, including, but not limited to, any MBO or stretch bonus opportunity provided to a
Participant. 
  

	 	•	 	 “Target Annual Incentive” means, with respect to any Participant, the Participant’s target annual incentive opportunity under the
annual incentive plan of the Company or a U.S. Affiliate applicable to the Participant for the fiscal year which includes the Date of Termination, or, if no target has been set with respect to the Participant for such fiscal year, the target annual
incentive opportunity for the immediately preceding fiscal year; provided that, solely with respect to a Group I Participant, the Participant’s Target Annual Incentive shall be determined prior to any reduction in the Participant’s target
annual incentive opportunity that would qualify as a Good Reason termination event. 

  

	 	•	 	 “Transition Date” means, with respect to a Participant, the applicable transition date set forth in Exhibit A hereto.

  

	 	•	 	 “U.S. Affiliate” means any Affiliate that is organized under the laws of the United States. 

 

	3.	ELIGIBILITY. 

 (a) Eligible
Employees. Eligibility to participate in the Plan shall be limited to individuals employed by the Company and its U.S. Affiliates and serving in positions in Talent Framework Levels set forth in Exhibit A hereto, as in effect from time to
time. Notwithstanding the immediately preceding sentence to the contrary, an Eligible Employee shall not become a Participant if the Company’s Chief Executive Officer designates such individual as ineligible for the Plan in writing within 30
calendar days after the Effective Date. 
 (b) Duration of Participation. An Eligible Employee shall cease to be a Participant in the
Plan, if (i) the Participant ceases to be employed by the Company or a U.S. Affiliate for any reason other than a Qualified Termination, or (ii) his or her status as a Participant ceases due to the Company providing such Participant with a
notice in accordance with Section 16 of the Plan notifying the Participant that he or she will no longer be eligible to participate in the Plan; provided, however that the Participant shall continue to participate in the Plan until 180 calendar
days after receipt of such notice of termination of his or her participation in the Plan. Notwithstanding anything herein to the contrary, a Participant who is entitled as a result of a Qualified Termination to receive amounts and benefits under the
Plan shall remain a Participant in the Plan until the amounts and benefits payable under the Plan have been paid or provided to the Participant in full. Any severance payments or benefits to be provided to a Participant under the Plan are subject to
all of the terms and conditions of the Plan, including Section 8(b). 
 (c) Employment Rights. Participation in the Plan does not
alter the status of a Participant as an at-will employee, and nothing in the Plan will reduce or eliminate the right of the Company and its Affiliates to terminate a Participant’s employment at any time for any reason or the right of a
Participant to resign at any time for any reason. 

  
 Effective
October 6, 2014            6 

 Scripps Networks Interactive Executive Severance Plan 

 

	4.	SEVERANCE BENEFITS. 

 Subject to
compliance with Section 5 hereof, and further subject to compliance with Section 7 hereof and any restrictive covenants that may be applicable pursuant to the Participant’s Employment Agreement, in the event that a Participant incurs
a Qualified Termination, the Participant (or his or her estate or legal representative, if applicable) shall be entitled to the compensation and benefits set forth in this Section 4: 
 (a) Accrued Benefits: The sum of: (i) the portion of the Participant’s Base Salary earned through the Date of Termination, to the extent not theretofore paid; (ii) the amount of any
annual incentive compensation or annual commission under the annual incentive plan or commission plan of the Company or a U.S. Affiliate applicable to the Participant that has been earned by the Participant for a completed fiscal year preceding the
Date of Termination, but has not yet been paid to the Participant; and (iii) any accrued paid vacation, sabbatical, holiday and other paid-time off to the extent not theretofore paid (collectively, the “Accrued Benefits”). The Accrued
Benefits shall be paid in a single lump sum within 30 calendar days after the Participant’s Date of Termination, or as otherwise may be provided in a valid deferral election made pursuant to the terms of the Company’s deferred compensation
plan. 
 (b) Pro-Rated Annual Incentive. A Pro-Rated Annual Incentive, which, subject to Section 5 hereof, shall be paid in a single
lump sum at the same time that payments are made to other participants in the annual incentive plan for that fiscal year (pursuant to the terms of the applicable plan but in no event later than March 15 of the fiscal year immediately following
the fiscal year during which the Date of Termination occurs), or as otherwise may be provided in a valid deferral election made pursuant to the terms of the Company’s deferred compensation plan, and shall be in lieu of any annual incentive that
the Participant would have otherwise been entitled to receive under the terms of the annual incentive plan covering the Participant for the fiscal year during which the Date of Termination occurs. 

(c) Severance Payment. As additional severance (and not in lieu of any annual incentive for the fiscal year in which the Date of Termination
occurs), and subject to Section 5 hereof, a severance payment equal to the sum of (i) the Participant’s Base Salary multiplied by the Participant’s Severance Multiple, (ii) if the Participant is eligible to participate in a
commission plan or arrangement sponsored by the Company or a U.S. Affiliate immediately prior to the Date of Termination, 100% of the Participant’s Target Annual Commission, multiplied by the Participant’s Severance Multiple, and
(iii) if the Participant is not eligible to participate in a commission-based plan or arrangement sponsored by the Company or a U.S. Affiliate immediately prior to the Date of Termination, the Participant’s Target Annual Incentive
multiplied by the Participant’s Severance Multiple. The severance payment determined in accordance with this Section 4(c) shall be paid in a single lump sum within 20 calendar days after the Release Deadline. 

  
 Effective
October 6, 2014            7 

 Scripps Networks Interactive Executive Severance Plan 

 

 (d) Health Care Coverage. Subject to Section 5 hereof, as long as the Participant (or his or
her estate or legal representative) pays the required full monthly premiums (under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) or otherwise) for coverage, the Company shall provide the Participant and, as applicable, the
Participant’s eligible dependents, with continued medical, vision and dental coverage during the Benefit Continuation Period, on the same basis as provided to the Company’s active executives and their dependents; provided, however, that in
no event shall the Company provide any such coverage to a Participant (or a Participant’s eligible dependents) after the date that the Participant first becomes eligible for Medicare or for any medical, vision or dental coverage under a plan
maintained by another employer or his or her spouse’s employer. If the Participant is early retiree-eligible at the time of his or her termination (age 55 or greater with at least 10 years of service), the Participant will have the option to
elect coverage under the Early Retiree Medical Plan in lieu of COBRA coverage. For purposes of clarity, the Early Retiree Medical Plan may be discontinued in the near term. In the event that the Early Retiree Medical Plan is discontinued, the
Company will provide all affected Participants at least 90 calendar days’ notice of such discontinuation. Information on the medical plans available through the health insurance marketplace established under the Affordable Care Act will be
provided. For purposes of clarity, however, with respect to a Participant hired by the Company or any of its U.S. Affiliates on or after March 14, 2013 who is a Former EWS Employee, “service” for purposes of the preceding sentence
shall not include any period of such Participant’s prior employment with the EWS Group. In addition, subject to Section 5 hereof, within 20 calendar days after the Release Deadline, the Company shall pay to the Participant a lump sum cash
payment equal to the product of (i) the monthly medical, vision and dental premiums based on the level of coverage in effect for the Participant (e.g., employee only or family coverage) on the Date of Termination, and (ii) the
number of months in the Benefit Continuation Period; provided, however, that to the extent necessary to avoid a violation of Section 409A, any cash payment attributable to medical, vision and dental insurance premiums for periods more than 18
months after a Participant’s Date of Termination shall be paid in monthly installments at the same time that such premiums are due and payable. 
 (e) Life Insurance. Subject to Section 5 hereof, the Company shall take all steps reasonably necessary to continue the life insurance coverage applicable to the Participant on the Date of
Termination (and if the policy cannot be continued in its then-current form, the Company shall exercise any required conversion features to continue the policy), at no cost to the Participant, for a number of years following the Date of Termination
equal to the Participant’s Severance Multiple. The amount of such coverage will be reduced by the amount of life insurance coverage furnished to the Participant at no cost by a third party employer. 

(f) Financial Planning. Subject to Section 5 hereof, an amount equal to the Participant’s Financial Planning Stipend, which is intended
to cover the approximate cost of financial planning services for the Participant for a period of one year after the Date of Termination. The Financial Planning Stipend shall be paid in a single lump sum within 20 calendar days after the Release
Deadline. 
 (g) Outplacement. Subject to Section 5 hereof, the Company shall, at its sole expense as incurred, provide the
Participant with outplacement services from a recognized outplacement service provider through the Transition Date, the scope of such services to be determined by the Company. 

  
 Effective
October 6, 2014            8 

 Scripps Networks Interactive Executive Severance Plan 

 

	5.	RELEASE. 

 Any compensation and benefits
to be provided under Sections 4(b), 4(c), 4(d), 4(e), 4(f) and 4(g) hereof shall be provided only if the Participant (or, in the case of the Participant’s death or Disability, the Participant’s legal representative, if applicable) timely
executes and does not timely revoke a Release. The Release must be signed by the Participant or his or her legal representative, if applicable, and become effective and irrevocable in accordance with its terms (taking into account any applicable
revocation period set forth therein), no later than the Release Deadline. If the Participant or his or her legal representative, if applicable, fails to execute and furnish the Release, or if the Release furnished by the Participant or his or her
legal representative, if applicable, has not become effective and irrevocable in accordance with its terms (taking into account any applicable revocation period set forth therein) by the Release Deadline, or if the Participant materially breaches
any provision of the Release, then the Participant will not be entitled to any payment or benefit under the Plan other than the Accrued Benefits. 
  

	6.	NO MITIGATION.  

 In no event shall
the Participant be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Participant under any of the provisions of the Plan and, except as otherwise specifically provided in Section 4(d)
and Section 4(e) of the Plan, such amounts shall not be reduced whether or not the Participant obtains other employment, unless such employment is with the Company or any of its Affiliates. 

 

	7.	RESTRICTIVE COVENANTS. 

 (a)
Confidentiality. As a condition of participation in the Plan, each Participant agrees that, during his or her employment with the Company or any of its Affiliates or at any time thereafter, (i) the Participant shall not use for any
purpose other than the duly authorized business of the Company, or disclose to any third party, any information relating to the Company or any of its Affiliates which is proprietary to the Company or any of its Affiliates (“Confidential
Information”), including any trade secret or any written (including in any electronic form) or oral communication incorporating Confidential Information in any way (except as may be required by law or in the performance of the
Participant’s duties for the Company or any of its Affiliates consistent with the Company’s policies); and (ii) the Participant will comply with any and all confidentiality obligations of the Company to a third party, whether arising
under a written agreement or otherwise. Information shall not be deemed Confidential Information which (x) is or becomes generally available to the public other than as a result of a disclosure by the Participant or at his or her direction or
by any other person who directly or indirectly receives such information from the Participant; or (y) is or becomes available to the Participant on a non-confidential basis from a source which is entitled to disclose it to the Participant. A
Participant’s obligations under this Section 7(a) are in addition to, and not in limitation of or preemption of, any other obligations of confidentiality which the Participant may have to the Company or its Affiliates under general legal
or equitable principles, and federal, state or local law. 

  
 Effective
October 6, 2014            9 

 Scripps Networks Interactive Executive Severance Plan 

 

 (b) Non-Competition; Non-Solicitation. As a condition of participation in the Plan, each
Participant agrees that, during the Restriction Period, the Participant shall not directly or indirectly engage in or participate as an owner, partner, stockholder, officer, employee, director, agent of or consultant for any business competitive
with any business of the Company or any of its Affiliates, or for any customer of the Company or any of its Affiliates, without the prior written consent of the Company; provided, however, that this provision shall not prevent a Participant from
investing as a less-than-one-percent (1%) stockholder in the securities of any company listed on a national securities exchange or quoted on an automated quotation system. Notwithstanding the foregoing, (i) a Group I Participant’s
obligations under the first sentence of this Section 7(b) (but not under any other provision of the Plan) shall cease if the Group I Participant terminates his or her employment for Good Reason or the Company terminates the Group I
Participant’s employment without Cause and the Group I Participant notifies the Company in writing, prior to the Company’s payment of any severance benefits pursuant to the Plan, that the Group I Participant has elected to waive his or her
right to receive any severance benefits pursuant to the Plan; (ii) a Participant’s obligations under the first sentence of this Section 7(b) (but not under any other provision of the Plan) shall cease if his or her employment
terminates in accordance with the terms, and subject to the conditions, of the 2014 Voluntary Early Retirement Window Program; and (iii) a Participant’s obligations under the first sentence of this Section 7(b) (but not under any
other provision of the Plan) shall cease if his or her employment terminates in connection with a reduction in force on or before September 30, 2015. Each Participant also agrees that, during the Restriction Period, he or she shall not,
directly or indirectly: (x) employ or solicit the employment of any person who is then or has been within six (6) months prior thereto, an employee, independent contractor or consultant of the Company or any of its Affiliates; or
(y) interfere with, disturb or interrupt the relationships (whether or not such relationships have been reduced to formal contracts) of the Company or any of its Affiliates with any talent, production companies, vendors, advertisers (including,
without limitation their agencies or representatives), sponsors, distributors, customers, suppliers, agents, consultants or independent contractors. 
 (c) Non-Disparagement. As a condition of participation in the Plan, each Participant agrees that, during his or her employment with the Company or any of its Affiliates or at any time thereafter,
the Participant shall not make, nor cause any one else to make or cause on the Participant’s behalf, any public disparaging or derogatory statements or comments regarding the Company or its Affiliates, or their respective officers or directors.

 (d) Adequate Consideration. As a condition of participation in the Plan, each Participant agrees and acknowledges that the promises and
obligations made by the Company in the Plan (specifically including, but not limited to, the payments and benefits provided for under Section 4 hereof) constitute sufficient consideration for the covenants contained in this Section 7. Each
Participant further acknowledges that it is not the Company’s intention to interfere in any way with his or her employment opportunities, except in such situations where the same conflict with the legitimate business interests of the Company or
any of its Affiliates. Each Participant agrees that he or she will notify the Company in writing if he or she has, or reasonably should have, any questions regarding the applicability of this Section 7. 

  
 Effective
October 6, 2014            10 

 Scripps Networks Interactive Executive Severance Plan 

 

 (e) Revision. As a condition of participation in the Plan, each Participant agrees that if, at
the time of enforcement of this Section 7, a court holds that the restrictions stated herein are unreasonable under circumstances then existing, the maximum period, scope or geographical area reasonable under such circumstances shall be
substituted for the stated period, scope or geographical area and that the court shall be allowed to revise the restrictions contained herein to cover the maximum period, scope and geographical area permitted by law. 

(f) Enforcement. As a condition of participation in the Plan, each Participant agrees that any breach or threatened breach of this Section 7
by such Participant will cause injury to the Company and its Affiliates for which money damages alone will not provide an adequate remedy and that if the Participant commits or threatens to commit any such breach, the Company or any of its
Affiliates shall have the right to have the provisions of this Section 7 specifically enforced by any court having jurisdiction (without posting a bond or other security). Each Participant also agrees that he or she will not assert in any such
enforcement action that the Company or any of its Affiliates have an adequate remedy in damages; and that such rights and remedies will be in addition to and not in lieu of any other rights or remedies available to the Company or any of its
Affiliates at law or in equity. If a Participant violates any of the covenants in this Section 7, the Participant agrees to an extension of such covenant on the same terms and conditions for an additional period of time equal to the time that
elapses from the commencement of such violation to the later of (i) the termination of such violation or (ii) the final resolution of any litigation stemming from such violation. The Company’s payment obligations and the
Participant’s right, if any, to severance benefits under Sections 4(b), 4(c), 4(d), 4(e), 4(f) and 4(g) hereof shall cease in the event of a material breach by the Participant of any provision of this Section 7. Any such cessation of
payment shall not reduce any monetary damages that may be available to the Company as a result of such breach. 
  

	8.	EFFECT ON OTHER PLANS, AGREEMENTS AND BENEFITS.  

 (a) Relation to Other Benefits. Unless otherwise provided herein, nothing in the Plan shall prevent or limit a Participant’s continuing or future participation in any plan, program, policy or
practice provided by the Company or its Affiliates for which the Participant may qualify, nor, except as explicitly set forth in the Plan, shall anything herein limit or otherwise affect such rights as a Participant may have under any other contract
or agreement with the Company or any of its Affiliates. Without limiting the generality of the foregoing, the Participant’s resignation under the Plan with or without Good Reason shall in no way affect the Participant’s ability to
terminate employment by reason of the Participant’s “retirement” under, or to be eligible to receive benefits under, any compensation and benefits plans, programs or arrangements of the Company or its Affiliates that may provide
benefits upon the Participant’s “retirement”, including, without limitation, any retirement or pension plans or arrangements or substitute plans adopted by the Company, its Affiliates or their respective successors, and any Qualified
Termination which also qualifies as a termination of employment for Good Reason shall be treated as such even if it is also a “retirement” for purposes of any such plan. Any 

  
 Effective
October 6, 2014            11 

 Scripps Networks Interactive Executive Severance Plan 

 

 
economic or other benefit to a Participant under the Plan, other than the Accrued Benefits, will not be taken into account in determining any benefits to which the Participant may be entitled
under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company and its Affiliates, unless provided otherwise in any such plan. 
 (b) Non-Duplication. Notwithstanding the foregoing provisions of Section 8(a), and except as specifically provided below, any severance payments or benefits received by a Participant pursuant
to the Plan shall be in lieu of any general severance policy or other severance plan maintained by the Company or its Affiliates (other than a stock option, restricted stock, share or unit, performance share or unit, supplemental retirement,
deferred compensation or similar plan or agreement which may contain provisions operative on a termination of the Participant’s employment or may incidentally refer to accelerated vesting or accelerated payment upon a termination of
employment); provided, however, that if a Participant incurs a Qualified Termination in circumstances under which the Participant becomes entitled to severance payments or benefits pursuant to the Change in Control Plan, then the Participant shall
not be entitled to any severance payments or benefits under the Plan as a result of such Qualified Termination and, in lieu of, and not in duplication of, any severance payments or benefits the Participant would otherwise to be entitled to receive
under the Plan, the Participant shall receive the severance payments or benefits to which the Participant is entitled under the Change in Control Plan, payable or provided under the terms, and subject to the conditions, of the Change in Control
Plan. Further, notwithstanding the foregoing provisions of Section 8(a), if a Participant incurs a Qualified Termination in circumstances under which the Participant would become entitled to severance payments or benefits both pursuant to the
Plan and pursuant to such Participant’s Employment Agreement, then the Participant shall receive severance payments or benefits only under either the Plan or the Participant’s Employment Agreement, whichever of those two arrangements would
provide the Participant with the greater aggregate severance payments and benefits, payable or provided under the terms, and subject to the conditions, of either the Plan or the Participant’s Employment Agreement, as applicable. Any severance
payments or benefits received by a Participant under the Plan pursuant to the immediately preceding sentence shall be in lieu of, and not in duplication of, any severance payments or benefits the Participant would otherwise be entitled to receive
under the Participant’s Employment Agreement; and any severance payments or benefits received by a Participant under the Participant’s Employment Agreement pursuant to the immediately preceding sentence shall be in lieu of, and not in
duplication of, any severance payments or benefits the Participant would otherwise be entitled to receive under the Plan. 
  

	9.	CERTAIN TAX MATTERS. 

 (a)
Notwithstanding any provision of the Plan to the contrary, in the event that it shall be determined by the Accounting Firm that any Payment to a Participant would be subject to the Excise Tax, the Accounting Firm shall determine whether to reduce
the aggregate amount of the Payments payable to such Participant under the Plan (the “Plan Payments”) to the Reduced Amount. The Plan Payments shall be reduced to the Reduced Amount only if the Accounting Firm determines that the
Participant would have a greater Net After-Tax Benefit if the Participant’s Plan Payments were reduced to the Reduced Amount. If instead the Accounting 

  
 Effective
October 6, 2014            12 

 Scripps Networks Interactive Executive Severance Plan 

 

 
Firm determines that the Participant would have a greater Net After-Tax Benefit if the Participant’s Plan Payments were not reduced to the Reduced Amount, the Participant shall receive all
Plan Payments to which the Participant is entitled under the Plan. For purposes of clarity, this Section 9 shall not apply to any Payments to a Participant pursuant to the Change in Control Plan, which Payments shall be made under the terms,
and subject to the conditions, of the Change in Control Plan. 
 (b) If the Accounting Firm determines that the aggregate Plan Payments otherwise
payable to a Participant should be reduced to the Reduced Amount pursuant to this Section 9, the Company shall promptly give the Participant notice to that effect and a copy of the detailed calculation thereof. All determinations made by the
Accounting Firm under this Section 9 shall be binding upon the Company and the Participant and shall be made within fifteen (15) days after the Participant’s Date of Termination. The reduction of the Plan Payments to the Reduced
Amount, if applicable, shall be made by first reducing, on a pro-rata basis, the cash payments under Sections 4(a), (b), (c) and (f), then reducing and cash payments and benefits under Section 4(d), and then reducing, on a pro-rata basis,
any benefits under Section 4(e) and (g). All fees and expenses of the Accounting Firm shall be borne solely by the Company. 
 (c)
Definitions. The following terms shall have the following meanings for purposes of this Section 9. 
 (i)
“Accounting Firm” shall mean the Company’s then current independent outside auditors, or such other nationally recognized certified public accounting firm as may be designated by the Committee. 

(ii) “Excise Tax” shall mean the excise tax imposed by Section 4999 of the Code, together with any interest or penalties
imposed with respect to such excise tax. 
 (iii) “Net After-Tax Benefit” shall mean the aggregate Value of all
Payments to a Participant, net of all taxes imposed on the Participant with respect thereto under Sections 1 and 4999 of the Code and under applicable state and local laws, as determined by the Accounting Firm. 

(iv) “Payment” shall mean any payment, benefit or distribution in the nature of compensation (within the meaning of
Section 280G(b)(2) of the Code) to or for the benefit of the Participant, whether paid or payable pursuant to the Plan or otherwise. 
 (v) “Reduced Amount” shall mean the greatest amount of Plan Payments that can be paid that would not result in the imposition of the Excise Tax upon a Participant if the Accounting Firm
determines to reduce Plan Payments pursuant to this Section 9. 
 (vi) “Value” of a Payment shall mean the
economic present value of a Payment, as determined by the Accounting Firm for purposes of Section 280G of the Code. 

  
 Effective
October 6, 2014            13 

 Scripps Networks Interactive Executive Severance Plan 

 

	10.	ADMINISTRATION.  

 The Committee
shall have complete discretion to interpret where necessary all provisions of the Plan (including, without limitation, by supplying omissions from, correcting deficiencies in, or resolving inconsistencies or ambiguities in, the language of the
Plan), to make factual findings with respect to any issue arising under the Plan, to determine the rights and status under the Plan of Participants or other persons, to resolve questions (including factual questions) or disputes arising under the
Plan and to make any determinations with respect to the benefits payable under the Plan and the persons entitled thereto as may be necessary for the purposes of the Plan. Without limiting the generality of the foregoing, the Committee is hereby
granted the authority (i) to determine whether a particular employee is a Participant, and (ii) to determine if a person is entitled to benefits hereunder and, if so, the amount and duration of such benefits. The Committee may delegate,
subject to such terms as the Committee shall determine, any of its authority hereunder to such person or persons from time to time as it may designate. In the event of such delegation, all references to the Committee in the Plan shall be deemed
references to such delegates as it relates to those aspects of the Plan that have been delegated. The Committee’s determination of the rights of any person hereunder shall be final and binding on all persons. 

 

	11.	CLAIMS FOR BENEFITS.  

 (a)
Filing a Claim. Any Participant or beneficiary who wishes to file a claim for benefits under the Plan shall file his or her claim in writing with the Committee. 
 (b) Review of a Claim. The Committee shall, within 90 calendar days after receipt of such written claim (unless special circumstances require an extension of time, but in no event more than 180
calendar days after such receipt), send a written notification to the Participant or beneficiary as to its disposition. If the claim is wholly or partially denied, such written notification shall (i) state the specific reason or reasons for the
denial, (ii) make specific reference to pertinent Plan provisions on which the denial is based, (iii) provide a description of any additional material or information necessary for the Participant or beneficiary to perfect the claim and an
explanation of why such material or information is necessary, and (iv) set forth the procedure by which the Participant or beneficiary may appeal the denial of his or her claim, including, without limitation, a statement of the claimant’s
right to bring an action under Section 502(a) of ERISA following an adverse determination on appeal. 
 (c) Appeal of a Denied Claim.
If a Participant or beneficiary wishes to appeal the denial of his or her claim, he or she must request a review of such denial by making application in writing to the Committee within 60 calendar days after receipt of such denial. Such Participant
or beneficiary (or his or her duly authorized legal representative) may, upon written request to the Committee, review any documents pertinent to his or her claim, and submit in writing, issues and comments in support of his or her position. A
Participant or beneficiary who fails to file an appeal within the 60-day period set forth in this Section 11(c) shall be prohibited from doing so at a later date or from bringing an action under ERISA. 

  
 Effective
October 6, 2014            14 

 Scripps Networks Interactive Executive Severance Plan 

 

	(d)	Review of a Claim on Appeal. Within 60 calendar days after receipt of a written appeal (unless the Committee determines that special circumstances, such as the
need to hold a hearing, require an extension of time, but in no event more than 120 calendar days after such receipt), the Committee shall notify the Participant or beneficiary of the final decision. The final decision shall be in writing and shall
include (i) specific reasons for the decision, written in a manner calculated to be understood by the claimant, (ii) specific references to the pertinent Plan provisions on which the decision is based, (iii) a statement that the
claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents relevant to the claim for benefits, and (iv) a statement describing the claimant’s right to bring an action under
Section 502(a) of ERISA. 

 (e) Statute of Limitations. Any Participant or beneficiary claim for benefits must be filed
within two years of the Date of Termination. Any lawsuit by a Participant or beneficiary must be filed after exhaustion of the above administrative remedies and within 180 days of the final decision. 

 

	12.	PARTICIPANTS DEEMED TO ACCEPT PLAN.  

 By accepting any payment or benefit under the Plan, each Participant and each person claiming under or through any such Participant shall be conclusively deemed to have indicated his or her acceptance and
ratification of, and consent to, all of the terms and conditions of the Plan and any action taken under the Plan by the Committee, the Compensation Committee, the Company or its Affiliates, in any case in accordance with the terms and conditions of
the Plan. 
  

	13.	SUCCESSORS. 

 (a) Company
Successors. The Plan shall bind any successor of the Company, its assets or its businesses (whether direct or indirect, by purchase, merger, consolidation or otherwise), in the same manner and to the same extent that the Company would be
obligated under the Plan if no succession had taken place. In the case of any transaction in which a successor would not by the foregoing provision or by operation of law be bound by the Plan, the Company shall require such successor expressly and
unconditionally to assume and agree to perform the Company’s obligations under the Plan, in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. The term
“Company,” as used in the Plan, shall mean the Company as heretofore defined and any successor or assignee to the business or assets which by reason hereof becomes bound by the Plan. 
 (b) Participant Successors. The Plan shall inure to the benefit of and be enforceable by the Participant’s personal or legal representatives, executors, administrators, successors, heirs,
distributees and/or legatees. The rights under the Plan are personal in nature and neither the Company nor any Participant shall, without the consent of the other, assign, transfer or delegate any rights or obligations hereunder except as expressly
provided in this Section 13. Without limiting the generality of the foregoing, the Participant’s right to receive any benefits hereunder shall not be assignable, transferable or delegable, whether by pledge, creation of a security interest
or otherwise, other than by a transfer by his or her will or by the laws of descent and distribution and, in the event of any attempted assignment or transfer contrary to this Section 13(b), the Company shall have no liability or obligation to
pay any amount so attempted to be assigned, transferred or delegated. 

  
 Effective
October 6, 2014            15 

 Scripps Networks Interactive Executive Severance Plan 

 

	14.	UNFUNDED PLAN STATUS. 

 All payments
pursuant to the Plan shall be made from the general funds of the Company and no special or separate fund shall be established or other segregation of assets made to assure payment. No Participant or other person shall have under any circumstances
any interest in any particular property or assets of the Company as a result of participating in the Plan. 
  

	15.	WITHHOLDING. 

 The Company shall have the
right to deduct and withhold from any amounts payable under the Plan such federal, state, local, foreign or other taxes as are required to be withheld pursuant to any applicable law or regulation. 

 

	16.	NOTICE.  

 For the purpose of the
Plan, notices and all other communications provided for in the Plan shall be in writing and shall be deemed to have been duly given when actually delivered or mailed by United States registered mail, return receipt requested, postage prepaid,
addressed to the Chief Legal Officer at the Company’s corporate headquarters address, and to the Participant (at the last address of the Participant on the Company’s books and records). 

 

	17.	AMENDMENTS; TERMINATION. 

 The Company
reserves the right to amend, modify, suspend or terminate the Plan, in whole or in part, at any time, by action of a majority of the Compensation Committee; provided that no such amendment, modification, suspension or termination shall impair the
rights of a Participant who has incurred a Qualified Termination unless such amendment, modification, suspension or termination is agreed to in a writing signed by the Participant and the Company. Notwithstanding the foregoing, except as otherwise
provided in Section 4(d) with respect to the Early Retiree Medical Plan, the Company must provide all Participants with notice of its intention to terminate the Plan or amend the Plan in a manner that is materially adverse to all or any
Participants, in each case in accordance with Section 16 of the Plan, 180 calendar days prior to such termination or material amendment. During the 180-day notice period, the Participants shall continue to participate in the Plan, without
giving effect to any materially adverse amendment. 
  

	18.	GOVERNING LAW.  

 Except to the
extent preempted by federal law, the provisions of the Plan shall be governed and construed in accordance with the laws of the State of Tennessee. 
  

	19.	VALIDITY AND SEVERABILITY. 

 The
invalidity or unenforceability of any provision of the Plan shall not affect the validity or enforceability of any other provision of the Plan, which shall remain in full force and effect, and any prohibition or unenforceability in any jurisdiction
shall not invalidate or render unenforceable such provision in any other jurisdiction. 

  
 Effective
October 6, 2014            16 

 Scripps Networks Interactive Executive Severance Plan 

 

	20.	HEADINGS; INTERPRETATION.  

Headings in the Plan are inserted for convenience of reference only and are not to be considered in the construction of the provisions hereof. Unless the
context clearly requires otherwise, the masculine pronoun wherever used herein shall be construed to include the feminine pronoun. 
  

	21.	SECTION 409A. 

 (a) It is intended that
the payments and benefits provided under Section 4 of the Plan shall be exempt from, or comply with, the requirements of Section 409A. The Plan shall be construed, administered and governed in a manner that effects such intent, and the
Company shall not take any action that would be inconsistent with such intent. Specifically, any taxable benefits or payments provided under the Plan are intended to be separate payments that qualify for the “short-term deferral” exception
to Section 409A to the maximum extent possible, and to the extent they do not so qualify, are intended to qualify for the separation pay exceptions to Section 409A, to the maximum extent possible. To the extent that none of these
exceptions (or any other available exception) applies, then notwithstanding anything contained herein to the contrary, and to the extent required to comply with Section 409A, if a Participant is a “specified employee,” as determined
under the Company’s policy for identifying specified employees on his or her Date of Termination, then all amounts due under the Plan that constitute a “deferral of compensation” within the meaning of Section 409A, that are
provided as a result of a “separation from service” within the meaning of Section 409A, and that would otherwise be paid or provided during the first six months following the Participant’s separation from service, shall be
accumulated through and paid or provided (together with interest at the applicable federal rate under Section 7872(f)(2)(A) of the Code in effect on the Date of Termination) on the first business day that is more than six months after the date
of the Participant’s separation from service (or, if the Participant dies during such six-month period, within 90 calendar days after the Participant’s death). 
 (b) A termination of employment shall not be deemed to have occurred for purposes of any provision of the Plan providing for the payment of any amounts or benefits subject to Section 409A upon or
following a termination of employment unless such termination is also a “separation from service” within the meaning of Section 409A and the Participant is no longer providing services (at a level that would preclude the occurrence of
a “separation from service” within the meaning of Section 409A) to the Company or its Affiliates as an employee or consultant, and for purposes of any such provision of the Plan, references to a “termination,”
“termination of employment” or like terms shall mean “separation from service” within the meaning of Section 409A. 

(c) With regard to any provision herein that provides for reimbursement of costs and expenses or in-kind benefits, except as permitted by
Section 409A: (i) the right to reimbursement or in-kind benefits shall not be subject to liquidation or exchange for another benefit; (ii) the amount of expenses eligible for reimbursement, or in-kind benefits, provided during any
taxable year shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year; and (iii) such payments shall be made on or before the last day of the Participant’s taxable year
following the taxable year in which the expense occurred, or such earlier date as required hereunder. 

  
 Effective
October 6, 2014            17 

 Scripps Networks Interactive Executive Severance Plan 

 

 (d) The payments and benefits provided under the Plan may not be deferred, accelerated, extended, paid
out or modified in a manner that would result in the imposition of an additional tax under Section 409A upon Participants. Although the Company will use its best efforts to avoid the imposition of taxation, interest and penalties under
Section 409A, the tax treatment of the benefits provided under the Plan is not warranted or guaranteed. Neither the Company, its Affiliates nor their respective directors, officers, employees or advisers shall be held liable for any taxes,
interest, penalties or other monetary amounts owed by a Participant (or any other individual claiming a benefit through the Participant) as a result of the Plan.  
 (e) Whenever a payment under the Plan specifies a payment period with reference to a number of days (e.g., “payment shall be made within 20 calendar days”), the actual date of payment within the
specified period shall be within the sole discretion of the Company. For purposes of Section 409A, the Participant’s right to receive any “installment” payments pursuant to the Plan shall be treated as a right to receive a series
of separate and distinct payments. 
 [END OF DOCUMENT] 

  
 Effective
October 6, 2014            18 

 Scripps Networks Interactive Executive Severance Plan 

 

 EXHIBIT A 
 CERTAIN DEFINED TERMS UNDER THE 
 SCRIPPS NETWORKS INTERACTIVE, INC.

 EXECUTIVE SEVERANCE PLAN 
  

													
	 Participant’s Talent Framework Level
	  	Severance
Multiple	 	  	 Benefit
Continuation
Period
	  	Financial 
Planning
Stipend	 	  	 Transition Date

	 C3
	  	 	2.0	  	  	24 months	  	$	15,000	  	  	12 months after Date of Termination
	 C2
	  	 	2.0	  	  	24 months	  	$	15,000	  	  	12 months after Date of Termination
	 C1
	  	 	1.5	  	  	18 months	  	$	10,000	  	  	12 months after Date of Termination
	 B8
	  	 	1.5	  	  	18 months	  	$	8,500	  	  	12 months after Date of Termination
	 B7
	  	 	1.0	  	  	12 months	  	$	8,500	  	  	6 months after Date of Termination

  
 Effective
October 6, 2014            19

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00241-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00241-of-00352.parquet"}]]