MEDIA GENERAL, INC.
1995 LONG-TERM INCENTIVE PLAN
Amended and Restated as of April 26, 2007
1. Purpose . The purpose of this 1995 Long-Term Incentive Plan, amended and restated as of April 26, 2007 (the “Plan”), of
Media General, Inc. together with any successor thereto (the “Company”), is (a) to promote the identity of interests between
Shareholders and employees of the Company by encouraging and creating significant ownership of Class A Common Stock of
the Company by officers and other salaried employees of the Company and its subsidiaries; (b) to enable the Company to
attract and retain qualified officers and employees who contribute to the Company’s success by their ability, ingenuity and
industry; and (c) to provide meaningful long-term incentive opportunities for officers and other employees who are responsible
for the success of the Company and who are in a position to make significant contributions toward its objectives.
2. Definitions . In addition to the terms defined elsewhere in the Plan, the following shall be defined terms under the Plan:
2.01. “Award” means any Performance Accelerated Restricted Stock, Performance Award, Option, Stock Appreciation
Right, Restricted Stock, Deferred Stock or Other Stock-Based Award or any other right or interest relating to Shares or cash
granted to a Participant under the Plan.
2.02. “Award Agreement” means any written agreement, contract or other instrument or document evidencing an Award.
2.03. “Board” means the Board of Directors of the Company.
2.04. “Code” means the Internal Revenue Code of 1986, as amended from time to time. References to any provision of the
Code shall be deemed to include successor provisions thereto and regulations thereunder.
2.05. “Committee” means the Compensation Committee of the Board, or such other Board committee as may be designated
by the Board to administer the Plan, or any subcommittee of either; provided, however, that the Committee, and any
subcommittee thereof, shall consist of two