1
EXHIBIT 9.2
2
TERMINATION AGREEMENT
TERMINATION AGREEMENT dated as of the 19th day of June, 1995 between the
holders of voting trust certificates ("1991 Voting Trust Certificates")
representing shares of Class B Common Stock of Pulitzer Publishing Company, a
Delaware corporation (the "Company"), and Xxx X. Xxxxxx, Xxxxx X. Xxxxx,
Xxxxxxxx X. Xxxxxxxx XX, Xxxxx Xxxx Pulitzer, Xxxxxxx X. Xxxxxxxx, Xxxxxx X.
Xxxxxxx and Xxxxxxx X. Xxx as Trustees (the "Trustees"), under the Voting Trust
Agreement dated as of the 17th day of January, 1991, between the Depositing
Stockholders (as defined therein) and the Trustees and/or their predecessors
(such Voting Trust Agreement being the "1991 Voting Trust Agreement"):
W I T N E S S E T H :
WHEREAS, the Depositing Stockholders and the Trustees deem it in the best
interest of the Company and its stockholders to terminate the 1991 Voting Trust
Agreement;
WHEREAS, pursuant to Paragraph 20 thereof, the 1991 Voting Trust Agreement
may be terminated with the consent in writing of the holders of sixty-six and
two-thirds percent (66-2/3%) in interest of the then issued and outstanding
1991 Voting Trust Certificates, and holders of such percentage of 1991 Voting
Trust Certificates are signatories hereto;
NOW, THEREFORE, in consideration of the premises and the mutual promises
hereinafter set forth, the parties hereto hereby agree as follows:
1. The 1991 Voting Trust Agreement is hereby terminated, effective as of
the effective date of this Termination Agreement, as determined pursuant to
paragraph 3 hereof.
2. Upon the effectiveness of this Termination Agreement, the Depositing
Stockholders shall be entitled to receive one or more stock certificates for
their respective shares of Class B Common Stock of the Company held under the
1991 Voting Trust Agreement in accordance with the terms and conditions of that
agreement, subject, however, in the case of each of the Depositing Stockholders
who is a party to a line of credit agreement with Mercantile Bank of St. Louis
N.A. which is secured by a pledge of one or more of his 1991 Voting Trust
Certificates, to the obligations of the Trustees under various documents
executed in connection with the line of credit agreement, including a certain
acknowledgement agreement, by the Trustees (or their predecessors) and/or each
of such Depositing Stockholders.
3. This Termination Agreement shall become effective upon the consent in
writing of the holders of not less than sixty-six and two-thirds percent
(66-2/3%) in interest of the 1991 Voting Trust Certificates issued and
outstanding under the 1991 Voting Trust Agreement at the time of such last
required consent.
4. This Termination Agreement may be executed by the parties hereto, or
any of them, in any number of counterparts, with the same force and effect as
if they had all executed the same instrument.
IN WITNESS WHEREOF, the Trustees have hereunto set their hands and seals
as of the day and year first above written and the Depositing Stockholders
whose signatures are set forth below have signed a counterpart of this
Termination Agreement.
TRUSTEES
/s/ Xxx X. Xxxxxx
----------------------------
Xxx X. Xxxxxx
/s/ Xxxxx X. Xxxxx
----------------------------
Xxxxx X. Xxxxx
/s/ Xxxxxxxx X. Xxxxxxxx XX
----------------------------
Xxxxxxxx X. Xxxxxxxx XX
86
3
/s/ Xxxxx Xxxx Pulitzer
----------------------------
Xxxxx Xxxx Pulitzer
/s/ Xxxxxxx X. Xxxxxxxx
----------------------------
Xxxxxxx X. Xxxxxxxx
/s/ Xxxxxx X. Xxxxxxx
----------------------------
Xxxxxx X. Xxxxxxx
/s/ Xxxxxxx X. Xxx
----------------------------
Xxxxxxx X. Xxx
87
4
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
--------------------------------- --------- ----------------
Xxxxx Xxxx Pulitzer,
Xxxxx X. Xxxxxxx and Xxxxxxx
Xxxx, Successor Trustees of
Marital Trust A U/I Xxxxxx
Xxxxxxxx, Xx. dtd 6/12/74,
as amended 10/20/92
By: /s/ Xxxxx Xxxx Pulitzer 6/18/95
---------------------------------
Xxxxx Xxxx Pulitzer, Trustee
By: /s/ Xxxxx X. Xxxxxxx 6/18/95
---------------------------------
Xxxxx X. Xxxxxxx, Trustee
By: /s/ Xxxxxxx Xxxx 6/19/95 7,920
---------------------------------
Xxxxxxx Xxxx, Trustee
Xxxxx Xxxx Pulitzer,
Xxxxx X. Xxxxxxx and Xxxxxxx
Xxxx, Successor Trustees of
Marital Trust B U/I Xxxxxx
Xxxxxxxx, Xx. dtd 6/12/74,
as amended 10/20/92
By: /s/ Xxxxx Xxxx Pulitzer 6/18/95
---------------------------------
Xxxxx Xxxx Pulitzer, Trustee
By: /s/ Xxxxx X. Xxxxxxx 6/18/95
---------------------------------
Xxxxx X. Xxxxxxx, Trustee
By: /s/ Xxxxxxx Xxxx 6/19/95 5,193,290
---------------------------------
Xxxxxxx Xxxx, Trustee
88
5
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
--------------------------------- --------- ----------------
/s/ Xxxxx X. Xxxxx 6/17/95 3,151,082
---------------------------------
Xxxxx X. Xxxxx
/s/ Xxxxxxx X. Xxxxxxxx 6/19/95 2,818,841
---------------------------------
Xxxxxxx X. Xxxxxxxx
The Ceil and Xxxxxxx X.
Xxxxxxxx Foundation, Inc.
By: /s/ Xxxxxxx X. Xxxxxxxx 6/19/95 16,000
---------------------------------
Xxxxxxx X. Xxxxxxxx, President
/s/ Xxxxx Xxxx Pulitzer 6/18/95 137
---------------------------------
Xxxxx Xxxx Pulitzer
/s/ Xxxxxxxxx X. Xxxxx 6/28/95 275
---------------------------------
Xxxxxxxxx X. Xxxxx
/s/ Xxxxx Xxxxxxx Xxxxxxxx 7/7/95 837
---------------------------------
Xxxxx Xxxxxxx Xxxxxxxx
/s/ Xxxxxxx X. Xxxxx 6/28/95 7,166
---------------------------------
Xxxxxxx X. Xxxxx
/s/ Xxxxx X. Xxxxx, Xx. 7/29/95 95,626
---------------------------------
Xxxxx X. Xxxxx, Xx.
/s/ Xxxxxxx Xxxxx 7/4/95 1,811
---------------------------------
Xxxxxxx Xxxxx
89
6
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
--------------------------------- --------- ----------------
/s/ Xxxxxx Xxxxx 7/20/95 698
---------------------------------
Xxxxxx Xxxxx
/s/ Xxxx X. Xxxxx 7/10/95 98,460
---------------------------------
Xxxx X. Xxxxx
/s/ Xxxxxxx X. Xxxxx 6/19/95 83,051
---------------------------------
Xxxxxxx X. Xxxxx
/s/ Xxxxxxx X. Xxxxx 7/4/95 97,408
---------------------------------
Xxxxxxx X. Xxxxx
---------------------------------
Xxxxxx Xxxxxxxx XX
/s/ Xxxxxxx X. Xxxxxxxx, Xx. 7/3/95 31,480
-------------------------------
Xxxxxxx X. Xxxxxxxx, Xx.
/s/ Xxxxxxx X. Xxxxxxxx 7/3/95 2,830
-------------------------------
Xxxxxxx X. Xxxxxxxx
/s/ Xxxxxx Xxxxx Pulitzer 7/31/95 2,830
-------------------------------
Xxxxxx Xxxxx Pulitzer
/s/ Xxxxxxxxx X. Xxxxxxxx Xxxxx 7/4/95 5,606
-------------------------------
Xxxxxxxxx X. Xxxxxxxx Xxxxx
/s/ Xxxxxxxxx X. Xxxxxxxxx 7/3/95 4,506
-------------------------------
Xxxxxxxxx X. Xxxxxxxxx
90
7
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
------------------------------- --------- ----------------
/s/ Xxxx X. Xxxxxxxxx 6/28/95 4,081
-------------------------------
Xxxx X. Xxxxxxxxx
/s/ Xxxxxxx X. Xxxxxxxxx 6/17/95 4,746
-------------------------------
Xxxxxxx X. Xxxxxxxxx
/s/ Xxxxxxxxx Xxxx Xxxxxx 6/27/95 4,358
-------------------------------
Xxxxxxxxx Xxxx Xxxxxx
Xxxxxxx X. Xxxxxx, as Trustee
U/A dtd 8/16/83 F/B/O
Xxxxxxx X. Xxxxxxxx
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 39,628
-------------------------------
Xxxxxxx X. Xxxxxx, Trustee
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 11/3/87 F/B/O Xxxxxx
Xxxxxxxx
By: /s/ Xxxxxxx Xxxx
-------------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 5,738
-------------------------------
Xxxxxxx X. Xxxxxx, Trustee
91
8
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
------------------------------- --------- ----------------
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 11/3/87 F/B/O Xxxxxx
Xxxxxxxx
By: /s/ Xxxxxxx Xxxx
-------------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 5,738
-------------------------------
Xxxxxxx X. Xxxxxx, Trustee
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 11/3/87 F/B/O Elkhanah
Pulitzer
By: /s/ Xxxxxxx Xxxx
-------------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 5,738
-------------------------------
Xxxxxxx X. Xxxxxx, Trustee
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 11/3/87 F/B/O Xxxxxx
Xxxxxxxx V
By: /s/ Xxxxxxx Xxxx
-------------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 5,738
-------------------------------
Xxxxxxx X. Xxxxxx, Trustee
92
9
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
------------------------------- --------- ----------------
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 1/14/88 F/B/O
Xxxxxxxxx Xxxxxxxx Pulitzer
By: /s/ Xxxxxxx Xxxx
-------------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 3,646
-------------------------------
Xxxxxxx X. Xxxxxx, Trustee
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 1/14/88 F/B/O Xxxxxxx
X. Xxxxxxxx III
By: /s/ Xxxxxxx Xxxx
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 3,646
-----------------------------
Xxxxxxx X. Xxxxxx, Trustee
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 1/14/88 F/B/O Xxxxxx
Xxxxxxxx Pulitzer
By: /s/ Xxxxxxx Xxxx
-----------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 3,646
-----------------------------
Xxxxxxx X. Xxxxxx, Trustee
93
10
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
----------------------------- --------- ----------------
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 1/14/88 F/B/O Xxxxxx
Xxxxxxxx
By: /s/ Xxxxxxx Xxxx
-----------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 3,852
-----------------------------
Xxxxxxx X. Xxxxxx, Trustee
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 1/14/88 F/B/O Xxxxx
X. Xxxxxxxx
By: /s/ Xxxxxxx Xxxx
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 3,852
---------------------------------
Xxxxxxx X. Xxxxxx, Trustee
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 5/4/90 F/B/O Xxxxxxx
Xxxxxxxx Xxxxx III
By: /s/ Xxxxxxx Xxxx
---------------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 3,131
---------------------------------
Xxxxxxx X. Xxxxxx, Trustee
94
11
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
--------------------------------- --------- ----------------
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 10/19/90 F/B/O
Xxxxxxxx Xxxx Xxxx Xxxxxxx
By: /s/ Xxxxxxx Xxxx
---------------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 3,131
---------------------------------
Xxxxxxx X. Xxxxxx, Trustee
Xxxxxxx Xxxx and Xxxxxxx X.
Xxxxxx, as Trustees U/I
dtd 10/21/93 F/B/X
Xxxxxxx Xxxxxx Xxxxx
By: /s/ Xxxxxxx Xxxx
---------------------------------
Xxxxxxx Xxxx, Trustee
By: /s/ Xxxxxxx X. Xxxxxx 6/19/95 1,062
---------------------------------
Xxxxxxx X. Xxxxxx, Trustee
/s/ Xxxxxxx X. Xxxxx 7/4/95 5,325
---------------------------------
Xxxxxxx X. Xxxxx, as Custodian
for Xxxxxxxxx X. Xxxxx
/s/ Xxxxxxx X. Xxxxx 7/4/95 5,325
---------------------------------
Xxxxxxx X. Xxxxx, as Custodian
for Xxxxxxx X. Xxxxx
/s/ Xxxxxxx X. Xxxxx 6/19/95 7,505
---------------------------------
Xxxxxxx X. Xxxxx, as Custodian
for Xxxxxxxxx X. Xxxxx
95
12
No. of Deposited
Depositing Date of Shares of Class
Stockholders Execution B common Stock
--------------------------------- --------- ----------------
/s/ Xxxxxxx X. Xxxxx 6/19/95 7,505
---------------------------------
Xxxxxxx X. Xxxxx, as Custodian
for Xxxxxxxx X. Xxxxx
/s/ Xxxxxxx X. Xxxxx 6/19/95 7,505
---------------------------------
Xxxxxxx X. Xxxxx, as Custodian
for Xxxx X. Xxxxx
/s/ Xxxxx X. Xxxxx, Xx 7/29/95 5,325
---------------------------------
Xxxxx X. Xxxxx, Xx., as Custodian
for Xxxxx Xxxxxxxxxx Xxxxx
/s/ Xxxxx X. Xxxxx, Xx 7/29/95 5,325
---------------------------------
Xxxxx X. Xxxxx, Xx., as Custodian
for Xxxxxxx Xxxxxx Xxxxx
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