Middlesex Massachusetts Key Employees' Restricted Stock Purchase Plan (MAKERS) is an employee benefit program offered by Pulitzer Publishing Co., a reputed media company operating in the Middlesex County area in Massachusetts. This plan serves as a means to recognize and reward the valuable contribution of key employees and align their interests with the long-term success of the company. Under the Middlesex Massachusetts Key Employees' Restricted Stock Purchase Plan, eligible key employees of Pulitzer Publishing Co. are granted the opportunity to purchase company stock at a predetermined price within a designated time frame. The stock purchase is subject to a set of restrictions and conditions, ensuring employee retention and commitment to the company's growth. By participating in the MAKERS, key employees gain a sense of ownership and an opportunity to share in the potential future success of Pulitzer Publishing Co. Moreover, the plan encourages key employees to remain dedicated to their roles, as the vesting requirements often require continued service for a specific period. The MAKERS offer various types of restricted stock purchase plans tailored to different key employees within Pulitzer Publishing Co. These plans may differ based on employee hierarchy, employment tenure, or specific performance benchmarks. Common types include: 1. Executive Restricted Stock Purchase Plan: Designed for top-level executives, this plan offers substantial stock purchase opportunities, providing a greater chance to benefit from the company's performance. 2. Managerial Restricted Stock Purchase Plan: Aimed at middle management, this plan allows managers to purchase restricted stock at a discounted price, promoting loyalty and incentivizing long-term commitment. 3. Employee Stock Purchase Plan: This plan is designed for all eligible employees of Pulitzer Publishing Co., offering an opportunity to purchase company stock at a predetermined price, usually with favorable terms and conditions. The MAKERS are governed by a comprehensive set of rules and guidelines, ensuring transparency, fairness, and compliance with relevant laws and regulations. The plan serves as an effective tool for talent retention, fostering a sense of ownership, and aligning key employees' interests with the overall success of Pulitzer Publishing Co.