Document:

ex10_47.htm

Exhibit 10.47

FIRST AMENDMENT

TO THE

EMPLOYMENT AND NON-COMPETITION AGREEMENT

The Sheridan Group, Inc. (the "Employer") and Patricia A. Stricker (the "Employee") wish to amend the Employee's Employment and Non-Competition Agreement (the "Employment Agreement"), dated April 1, 2007, to bring the Employment Agreement into compliance with the requirements of Internal Revenue Code section 409A and the Treasury Regulations and other authoritative guidance issued under that section.

WHEREAS, pursuant to IRS Notice 2007-86 and the final Treasury Regulations under Code section 409A, the Employment Agreement is being amended to comply with the final Treasury Regulations issued under Code section 409A.

Accordingly, effective April 1, 2007, the Employment Agreement is amended as follows:

1.  The second sentence of the first paragraph of Section 6(e)(iv) is amended by deleting the phrase that appears in brackets (i.e., by deleting "[or less than fifty percent (50%), if the Employee becomes an independent contractor]").

2.  Section 10(g) – Arbitration of Disputes – is amended by adding the following sentence to the end of that Section:

"Any reimbursement of reasonable fees and expenses under this Section shall be paid by the Employer to the Employee by the March 15 following the end of the year during which the Employee prevails in the dispute giving rise to such reimbursement."

In all other respects, the Employment Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the Parties have caused this Amendment to be duly executed, effective as specified herein.

	
ATTEST/WITNESS:

	  	
THE SHERIDAN GROUP, INC.

	  	  	  	  	  
	  	  	  	  	  
	 	/s/ Dale A. Tepp	 	 	/s/ John A. Saxton
	 	 	 	 	 
	
Print Name:

	
Dale A. Tepp

	  	
Print Name:

	
John A. Saxton

	  	  	  	  	  
	 	 	 	 	 
	  	  	  	  	  
	 	/s/ Dale A. Tepp	 	/s/ Patricia A. Stricker
	  	  	  	
Patricia A. Stricker

	
Print Name:

	
Dale A. Teppex10_48.htm

Exhibit 10.48

FIRST AMENDMENT

TO THE

EMPLOYMENT AND NON-COMPETITION AGREEMENT

The Sheridan Group, Inc. (the "Employer") and Robert M. Jakobe (the "Employee") wish to amend the Employee's Employment and Non-Competition Agreement (the "Employment Agreement"), dated April 1, 2007, to bring the Employment Agreement into compliance with the requirements of Internal Revenue Code section 409A and the Treasury Regulations and other authoritative guidance issued under that section.

WHEREAS, pursuant to IRS Notice 2007-86 and the final Treasury Regulations under Code section 409A, the Employment Agreement is being amended to comply with the final Treasury Regulations issued under Code section 409A.

Accordingly, effective April 1, 2007, the Employment Agreement is amended as follows:

1.  The second sentence of the first paragraph of Section 6(e)(iv) is amended by deleting the phrase that appears in brackets (i.e., by deleting "[or less than fifty percent (50%), if the Employee becomes an independent contractor]").

2.  Section 10(g) – Arbitration of Disputes – is amended by adding the following sentence to the end of that Section:

"Any reimbursement of reasonable fees and expenses under this Section shall be paid by the Employer to the Employee by the March 15 following the end of the year during which the Employee prevails in the dispute giving rise to such reimbursement."

In all other respects, the Employment Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the Parties have caused this Amendment to be duly executed, effective as specified herein.

	
ATTEST/WITNESS:

	  	
THE SHERIDAN GROUP, INC.

	  	  	  	  	  
	  	  	  	  	  
	 	/s/ Dale A. Tepp	 	 	/s/ John A. Saxton
	  	  	  	  	  
	
Print Name:

	
Dale A. Tepp

	  	
Print Name:

	
John A. Saxton

	  	  	  	  	  
	  	  	  	  	  
	  	  	  	  	  
	 	/s/ Dale A. Tepp	 	/s/ Robert M. Jakobe
	  	  	  	
Robert M. Jakobe

	
Print Name:

	
Dale A. Teppex10_49.htm

Exhibit 10.49

SECOND AMENDMENT

TO THE

EMPLOYMENT AND NON-COMPETITION AGREEMENT

The Sheridan Group, Inc. (the "Employer") and Douglas R. Ehmann (the "Employee") wish to amend the Employee's Employment and Non-Competition Agreement dated April 1, 2007 (the "Agreement") to (i) bring the Agreement into compliance with the requirements of Internal Revenue Code section 409A and the Treasury Regulations and other authoritative guidance issued under that section, pursuant to IRS Notice 2010-6, and (ii) provide additional severance benefits.

Accordingly, the Agreement is amended as follows:

1.  Effective September 1, 2010, a new item (E) is added to Section 6(e)(i) to read as follows:

"and (E) payment of reasonable expenses related to career transition services (outplacement) with a mutually agreed upon provider, in accordance with the Employer's outplacement schedule of benefits."

2.  Effective September 1, 2010, paragraph (ii) of Section 6(e) is amended in its entirety to read as follows:

"(ii) The Employer shall not reduce the amount payable under the provisions of Section 6(e)(i)  if the Employee accepts other employment during the Severance Period."

3.  Effective April 1, 2007, Section 10(g) – Arbitration of Disputes – is amended by deleting the sentence that was added to the end of that Section by Amendment No. 1 and by replacing it in its entirety with the following new language:

"The Employee's right to reimbursement of expenses by the Employer under this Section is available to the Employee during the Employee's lifetime.  The amount of expenses eligible for reimbursement during one calendar year shall not affect the expenses eligible for reimbursement in any other calendar year. Any reimbursement of an eligible expense shall be made to the Employee by the last day of the calendar year following the calendar year in which the expense was incurred."

4.  Effective April 1, 2007, Section 10(i) – Governing Law – is amended by adding the following new sentence to the end of that Section:

"To the extent Code section 409A applies, the terms of this Agreement shall be interpreted as necessary to comply with the requirements of Code section 409A."

In all other respects, the Agreement shall remain in full force and effect.

  

  

  

IN WITNESS WHEREOF, the Parties have caused this Amendment to be duly executed, effective as specified herein.

	
ATTEST/WITNESS:

	  	
THE SHERIDAN GROUP, INC.

	  	  	  	  	  
	  	  	  	  	  
	 	/s/ Dale A. Tepp	 	 	/s/ John A. Saxton
	  	  	  	  	  
	
Print Name:

	
Dale A. Tepp

	  	
Print Name:

	
John A. Saxton

	  	  	  	  	  
	  	  	  	
Date:

	
August 31, 2010

	  	  	  	  	  
	 	/s/ Dale A. Tepp	 	/s/ Douglas R. Ehmann
	  	  	  	
Douglas R. Ehmann

	
Print Name:

	
Dale A. Tepp

	  	  	  
	  	  	  	
Date:

	
August 31, 2010ex10_50.htm

Exhibit 10.50

SECOND AMENDMENT

TO THE

EMPLOYMENT AND NON-COMPETITION AGREEMENT

The Sheridan Group, Inc. (the "Employer") and Gary J. Kittredge (the "Employee") wish to amend the Employee's Employment and Non-Competition Agreement dated April 1, 2007 (the "Agreement") to (i) bring the Agreement into compliance with the requirements of Internal Revenue Code section 409A and the Treasury Regulations and other authoritative guidance issued under that section, pursuant to IRS Notice 2010-6, and (ii) provide additional severance benefits.

Accordingly, the Agreement is amended as follows:

1.  Effective September 1, 2010, a new item (E) is added to Section 6(e)(i) to read as follows:

"and (E) payment of reasonable expenses related to career transition services (outplacement) with a mutually agreed upon provider, in accordance with the Employer's outplacement schedule of benefits."

2.  Effective September 1, 2010, paragraph (ii) of Section 6(e) is amended in its entirety to read as follows:

"(ii) The Employer shall not reduce the amount payable under the provisions of Section 6(e)(i)  if the Employee accepts other employment during the Severance Period."

3.  Effective April 1, 2007, Section 10(g) – Arbitration of Disputes – is amended by deleting the sentence that was added to the end of that Section by Amendment No. 1 and by replacing it in its entirety with the following new language:

"The Employee's right to reimbursement of expenses by the Employer under this Section is available to the Employee during the Employee's lifetime.  The amount of expenses eligible for reimbursement during one calendar year shall not affect the expenses eligible for reimbursement in any other calendar year. Any reimbursement of an eligible expense shall be made to the Employee by the last day of the calendar year following the calendar year in which the expense was incurred."

4.  Effective April 1, 2007, Section 10(i) – Governing Law – is amended by adding the following new sentence to the end of that Section:

"To the extent Code section 409A applies, the terms of this Agreement shall be interpreted as necessary to comply with the requirements of Code section 409A."

In all other respects, the Agreement shall remain in full force and effect.

  

  

  

IN WITNESS WHEREOF, the Parties have caused this Amendment to be duly executed, effective as specified herein.

	
ATTEST/WITNESS:

	  	
THE SHERIDAN GROUP, INC.

	  	  	  	  	  
	  	  	  	  	  
	 	/s/ Dale A. Tepp	 	 	/s/ John A. Saxton
	  	  	  	  	  
	
Print Name:

	
Dale A. Tepp

	  	
Print Name:

	
John A Saxton

	  	  	  	  	  
	  	  	  	
Date:

	
August 31, 2010

	  	  	  	  	  
	 	/s/ Dale A. Tepp	 	/s/ Gary J. Kittredge
	  	  	  	
Gary J. Kittredge

	
Print Name:

	
Dale A. Tepp

	  	  	  
	  	  	  	
Date:

	
September 20, 2010

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