NONQUALIFIED STOCK OPTION AGREEMENTNonqualified Stock Option Agreement • May 14th, 2002 • New Horizons Worldwide Inc • Services-educational services • Delaware
THIS AGREEMENT is entered into as of January 14, 2002 by and between New Horizons Worldwide, Inc., a Delaware corporation (the “Company”), and William H. Heller (the “Optionee”).
PRINCIPAL FINANCIAL GROUP PROTOTYPE FOR SAVINGS PLANS THIS IS A 401(k)PROFIT SHARING PLANNew Horizons Worldwide Inc • May 14th, 2002 • Services-educational services
Plan Description: Prototype Non-standardized Profit Sharing Plan With CODA FFN: 50307440002-001 Case: 200000174 EIN: 42-0127290 Washington, DC 20224 Letter Serial No: K305394a
GROUP ANNUITY CONTRACTNew Horizons Worldwide Inc • May 14th, 2002 • Services-educational services
and payment of all Contributions and Annuity Premiums provided for in this contract, agrees to make payments to the person or persons entitled to them subject to the provisions of this contract.
EMPLOYMENT AGREEMENTEmployment Agreement • May 14th, 2002 • New Horizons Worldwide Inc • Services-educational services • Delaware
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and is effective as of January 7, 2002, (the “Effective Date”) by New Horizons Worldwide, Inc., a Delaware corporation (the “Employer”), and Martin G. Bean, an individual (the “Executive”).
ATTACHMENT A DISCRETIONARY TRUST AGREEMENTDiscretionary Trust Agreement • May 14th, 2002 • New Horizons Worldwide Inc • Services-educational services
This agreement is made by and between the Employer and the person, persons, or entity who have accepted the positions of Trustee hereunder. The Employer has adopted a Plan, named in the Adoption Agreement, for the benefit of its employees. Any change in Plan Name shall not affect this agreement.
