Common use of Quarterly Orders Clause in Contracts

Quarterly Orders. On the first day of each Trading Window during the Term of the Trading Plan, Client and the other Participating Persons hereby instruct Broker to enter the orders set forth below. Each order will be good until filled or until the end of the Trading Window. The orders in each quarter are intended to be cumulative, so that if (for example) the price exceeds $22.50 during a Trading Window, aggregate orders for the Participating Persons covering up to 40,000 shares will be triggered of which 20,000 shares must be sold for a price of at least $12.50; 10,000 shares must be sold for a price of at least $17.50, and 10,000 shares must be sold for at least $22.50. A quarterly “Trading Window” will begin on the 15th day of February, May and August and on the 30th of November and end on the 15th day of the next month (March, June, September and December, respectively). All trades for the Participating Persons under this Appendix A will be placed in a master account numbered 0872-4549 and upon execution will be allocated among the Participating Persons as follows: the first 20,000 shares sold in any quarter will be allocated as nearly as equally as possible to The Pegasus Foundation and The Xxxxxxx Family Foundation so long as either is still selling shares under its Trading Plan. Sales in excess of 20,000 shares in any quarter will be allocated as nearly as equally as possible among all the Participating Persons on the date of sale. Date Order Placed Buy or Sell Number of Shares Original Purchase Date Nature of Acquisition Limit Price Duration of Order Opening of Trading Window Sell 20,000 > 1 year Founder $ 12.50 Close of Trading Window Opening of Trading Window Sell 10,000 > 1 year Founder $ 17.50 Close of Trading Window Opening of Trading Window Sell 10,000 > 1 year Founder $ 22.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 27.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 32.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 37.50 Close of Trading Window Opening of Trading Window Sell 100,000 > 1 year Founder $ 42.50 Close of Trading Window Opening of Trading Window Sell 200,000 > 1 year Founder $ 47.50 Close of Trading Window • Share amounts/prices listed shall be increased or decreased to reflect stock splits or other similar changes in Issuer’s capitalization that may occur prior to execution of the trades. • All orders are on a “not held” basis. • Limit price orders are at the limit price or better, beginning at the opening of regular market trading hours at the opening of the Trading Window and expiring at the close of regular market trading hours on close of the Trading Window. Name of Client: The Pegasus Foundation Name of Client: The Xxxxxxx Family Foundation Name of Client: DCMA Holdings, L.P. By: /s/ XXXXX X. XXXXXXX By: /s/ XXXX XXXXXXX By: /s/ XXXX XXXXXXX Name: Xxxxx X. Xxxxxxx Name: Xxxx Xxxxxxx Name: Xxxx Xxxxxxx Title: Trustee Title: President Title: General Account number: 1144-3391 Account number: 9111-1767 Account number: 8063-7798 Date: February 19, 2003 Date: February 19, 2003 Date: February 19, 2003 Name of Client: Xxxxx X. Xxxxxxx Trust Accepted by: Xxxxxxx Xxxxxx & Co., Inc. Acknowledged by: Learning Tree International, Inc. By: /s/ XXXXX X. XXXXXXX By: /s/ XXXXXX XXXXX By: /s/ XXXX X. XXXXXX Name: Xxxxx X. Xxxxxxx Name: Xxxxxx Xxxxx Name: Xxxx X. Xxxxxx Title: Trustee Title: Director Title: Chief Financial Officer Account number: 4147-0367

Quarterly Orders. On the first day of each Trading Window during the Term of the Trading Plan, Client and the other Participating Persons hereby instruct Broker to enter the orders set forth below. Each order will be good until filled or until the end of the Trading Window. The orders in each quarter are intended to be cumulative, so that if (for example) the price exceeds $22.50 during a Trading Window, aggregate orders for the Participating Persons covering up to 40,000 shares will be triggered of which 20,000 shares must be sold for a price of at least $12.50; 10,000 shares must be sold for a price of at least $17.50, and 10,000 shares must be sold for at least $22.50. A quarterly “Trading Window” will begin on the 15th day of February, May and August and on the 30th of November and end on the 15th day of the next month (March, June, September and December, respectively). All trades for the Participating Persons under this Appendix A will be placed in a master account numbered 0872-4549 and upon execution will be allocated among the Participating Persons as follows: the first 20,000 shares sold in any quarter will be allocated as nearly as equally as possible to The Pegasus Foundation and The Xxxxxxx Family Foundation so long as either is still selling shares under its Trading Plan. Sales in excess of 20,000 shares in any quarter will be allocated as nearly as equally as possible among all the Participating Persons on the date of sale. Date Order Placed Buy or Sell Number of Shares Original Purchase Date Nature of Acquisition Limit Price Duration of Order Opening of Trading Window Sell 20,000 > 1 year Founder $ 12.50 Close of Trading Window Opening of Trading Window Sell 10,000 > 1 year Founder $ 17.50 Close of Trading Window Opening of Trading Window Sell 10,000 > 1 year Founder $ 22.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 27.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 32.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 37.50 Close of Trading Window Opening of Trading Window Sell 100,000 > 1 year Founder $ 42.50 Close of Trading Window Opening of Trading Window Sell 200,000 > 1 year Founder $ 47.50 Close of Trading Window • Share amounts/prices listed shall be increased or decreased to reflect stock splits or other similar changes in Issuer’s capitalization that may occur prior to execution of the trades. • All orders are on a “not held” basis. • Limit price orders are at the limit price or better, beginning at the opening of regular market trading hours at the opening of the Trading Window and expiring at the close of regular market trading hours on close of the Trading Window. Name of Client: The Pegasus Foundation Name of Client: The Xxxxxxx Family Foundation Name of Client: DCMA Holdings, L.P. By: /s/ XXXXX X. XXXXXXX By: /s/ XXXX XXXXXXX By: /s/ XXXX XXXXXXX Name: Xxxxx X. Xxxxxxx Name: Xxxx Xxxxxxx Name: Xxxx Xxxxxxx Title: Trustee Title: President Title: General Partner Account number: 1144-3391 Account number: 9111-1767 Account number: 8063-7798 Date: February 19, 2003 Date: February 19, 2003 Date: February 19, 2003 Name of Client: Xxxxx X. Xxxxxxx Trust Account number: 9111-1767 Date: February 19, 2003 Accepted by: Xxxxxxx Xxxxxx & Co., Inc. Account number: 8063-7798 Date: February 19, 2003 Acknowledged by: Learning Tree International, Inc. By: /s/ XXXXX X. XXXXXXX By: /s/ XXXXXX XXXXX By: /s/ XXXX X. XXXXXX Name: Xxxxx X. Xxxxxxx Name: Xxxxxx Xxxxx Name: Xxxx X. Xxxxxx Title: Trustee Title: Director Title: Chief Financial Officer Account number: 4147-03670367 Date: February 19, 2003 Date: February 19, 2003 Date: February 19, 2003

Quarterly Orders. On the first day of each Trading Window during the Term of the Trading Plan, Client and the other Participating Persons hereby instruct Broker to enter the orders set forth below. Each order will be good until filled or until the end of the Trading Window. The orders in each quarter are intended to be cumulative, so that if (for example) the price exceeds $22.50 during a Trading Window, aggregate orders for the Participating Persons covering up to 40,000 shares will be triggered of which 20,000 shares must be sold for a price of at least $12.50; 10,000 shares must be sold for a price of at least $17.50, and 10,000 shares must be sold for at least $22.50. A quarterly “Trading Window” will begin on the 15th day of February, May and August and on the 30th of November and end on the 15th day of the next month (March, June, September and December, respectively). All trades for the Participating Persons under this Appendix A will be placed in a master account numbered 0872-4549 and upon execution will be allocated among the Participating Persons as follows: the first 20,000 shares sold in any quarter will be allocated as nearly as equally as possible to The Pegasus Foundation and The Xxxxxxx Cxxxxxx Family Foundation so long as either is still selling shares under its Trading Plan. Sales in excess of 20,000 shares in any quarter will be allocated as nearly as equally as possible among all the Participating Persons on the date of sale. Date Order Placed Buy or Sell Number of Shares Original Purchase Date Nature of Acquisition Limit Price Duration of Order Opening of Trading Window Sell 20,000 > 1 year Founder $ 12.50 Close of Trading Window Opening of Trading Window Sell 10,000 > 1 year Founder $ 17.50 Close of Trading Window Opening of Trading Window Sell 10,000 > 1 year Founder $ 22.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 27.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 32.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 37.50 Close of Trading Window Opening of Trading Window Sell 100,000 > 1 year Founder $ 42.50 Close of Trading Window Opening of Trading Window Sell 200,000 > 1 year Founder $ 47.50 Close of Trading Window • Share amounts/prices listed shall be increased or decreased to reflect stock splits or other similar changes in Issuer’s capitalization that may occur prior to execution of the trades. • All orders are on a “not held” basis. • Limit price orders are at the limit price or better, beginning at the opening of regular market trading hours at the opening of the Trading Window and expiring at the close of regular market trading hours on close of the Trading Window. Name of Client: The Pegasus Foundation Name of Client: The Xxxxxxx Cxxxxxx Family Foundation Name of Client: DCMA Holdings, L.P. By: /s/ XXXXX DXXXX X. XXXXXXX By: /s/ XXXX MXXX XXXXXXX By: /s/ XXXX MXXX XXXXXXX Name: Xxxxx Dxxxx X. Xxxxxxx Name: Xxxx Xxxxxxx Name: Xxxx Xxxxxxx Title: Trustee Name: Mxxx Xxxxxxx Title: President Name: Mxxx Xxxxxxx Title: General Partner Account number: 1144-3391 Date: February 19, 2003 Name of Client: Dxxxx X. Xxxxxxx Trust Account number: 9111-1767 Date: February 19, 2003 Accepted by: Cxxxxxx Sxxxxx & Co., Inc. Account number: 8063-7798 Date: February 19, 2003 Date: February 19, 2003 Date: February 19, 2003 Name of Client: Xxxxx X. Xxxxxxx Trust Accepted by: Xxxxxxx Xxxxxx & Co., Inc. Acknowledged by: Learning Tree International, Inc. By: /s/ XXXXX DXXXX X. XXXXXXX By: /s/ XXXXXX RXXXXX XXXXX By: /s/ XXXX GXXX X. XXXXXX Name: Xxxxx Dxxxx X. Xxxxxxx Title: Trustee Name: Xxxxxx Rxxxxx Xxxxx Title: Director Name: Xxxx Gxxx X. Xxxxxx Title: Trustee Title: Director Title: Chief Financial Officer Account number: 4147-0367Officer

Quarterly Orders. On the first day of each Trading Window during the Term of the Trading Plan, Client and the other Participating Persons hereby instruct Broker to enter the orders set forth below. Each order will be good until filled or until the end of the Trading Window. The orders in each quarter are intended to be cumulative, so that if (for example) the price exceeds $22.50 during a Trading Window, aggregate orders for the Participating Persons covering up to 40,000 shares will be triggered of which 20,000 shares must be sold for a price of at least $12.50; 10,000 shares must be sold for a price of at least $17.50, and 10,000 shares must be sold for at least $22.50. A quarterly “Trading Window” will begin on the 15th day of February, May and August and on the 30th of November and end on the 15th day of the next month (March, June, September and December, respectively). All trades for the Participating Persons under this Appendix A will be placed in a master account numbered 0872-4549 and upon execution will be allocated among the Participating Persons as follows: the first 20,000 shares sold in any quarter will be allocated as nearly as equally as possible to The Pegasus Foundation and The Xxxxxxx Cxxxxxx Family Foundation so long as either is still selling shares under its Trading Plan. Sales in excess of 20,000 shares in any quarter will be allocated as nearly as equally as possible among all the Participating Persons on the date of sale. Date Order Placed Buy or Sell Number of Shares Original Purchase Date Nature of Acquisition Limit Price Duration of Order Opening of Trading Window Sell 20,000 > 1 year Founder $ 12.50 Close of Trading Window Opening of Trading Window Sell 10,000 > 1 year Founder $ 17.50 Close of Trading Window Opening of Trading Window Sell 10,000 > 1 year Founder $ 22.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 27.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 32.50 Close of Trading Window Opening of Trading Window Sell 20,000 > 1 year Founder $ 37.50 Close of Trading Window Opening of Trading Window Sell 100,000 > 1 year Founder $ 42.50 Close of Trading Window Opening of Trading Window Sell 200,000 > 1 year Founder $ 47.50 Close of Trading Window • Share amounts/prices listed shall be increased or decreased to reflect stock splits or other similar changes in Issuer’s capitalization that may occur prior to execution of the trades. • All orders are on a “not held” basis. • Limit price orders are at the limit price or better, beginning at the opening of regular market trading hours at the opening of the Trading Window and expiring at the close of regular market trading hours on close of the Trading Window. Name of Client: The Pegasus Foundation Name of Client: The Xxxxxxx Cxxxxxx Family Foundation Name of Client: DCMA Holdings, L.P. By: /s/ XXXXX DXXXX X. XXXXXXX By: /s/ XXXX MXXX X. XXXXXXX By: /s/ XXXX MXXX X. XXXXXXX Name: Xxxxx Dxxxx X. Xxxxxxx Name: Xxxx Xxxxxxx Name: Xxxx Xxxxxxx Title: Trustee Name: Mxxx Xxxxxxx Title: President Name: Mxxx Xxxxxxx Title: General Partner Account number: 1144-3391 Date: February 19, 2003 Name of Client: Dxxxx X. Xxxxxxx Trust Account number: 9111-1767 Date: February 19, 2003 Accepted by: Cxxxxxx Sxxxxx & Co., Inc. Account number: 8063-7798 Date: February 19, 2003 Acknowledged by: Learning Tree International, Inc. By: /s/ DXXXX X. XXXXXXX By: /s/ RXXXXX XXXXX By: /s/ GXXX X. XXXXXX Name: Dxxxx X. Xxxxxxx Title: Trustee Name: Rxxxxx Xxxxx Title: Director Name: Gxxx X. Xxxxxx Title: Chief Financial Officer Account number: 4147-0367 Date: February 19, 2003 Date: February 19, 2003 Date: February 19, 2003 Name of Client: Xxxxx X. Xxxxxxx Trust Accepted by: Xxxxxxx Xxxxxx & Co., Inc. Acknowledged by: Learning Tree International, Inc. By: /s/ XXXXX X. XXXXXXX By: /s/ XXXXXX XXXXX By: /s/ XXXX X. XXXXXX Name: Xxxxx X. Xxxxxxx Name: Xxxxxx Xxxxx Name: Xxxx X. Xxxxxx Title: Trustee Title: Director Title: Chief Financial Officer Account number: 4147-03672003