0000950133-08-003732 Sample Contracts

THE ADVISORY BOARD COMPANY AWARD AGREEMENT FOR NON-QUALIFIED STOCK OPTIONS
Advisory Board Co • November 10th, 2008 • Services-management services

This Option is not intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended. By executing and delivering this Award Agreement, Optionee acknowledges that he or she has received and read, and agrees that this Option shall be subject to, the terms of this Award Agreement, the Standard Terms and Conditions attached hereto and made a part hereof, and the Plan.

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THE ADVISORY BOARD COMPANY AWARD AGREEMENT FOR RESTRICTED STOCK UNITS
Board Company Award Agreement • November 10th, 2008 • Advisory Board Co • Services-management services
EMPLOYMENT AGREEMENT
Employment Agreement • November 10th, 2008 • Advisory Board Co • Services-management services • District of Columbia

This Employment Agreement (this “Agreement”) is entered into as of September 12, 2008, by and between The Advisory Board Company (the “Company”) and David L. Felsenthal (“Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • November 10th, 2008 • Advisory Board Co • Services-management services • District of Columbia

This Employment Agreement (this “Agreement”) is entered into as of September 12, 2008, by and between The Advisory Board Company (the “Company”) and Robert W. Musslewhite (“Executive”).

THE ADVISORY BOARD COMPANY AWARD AGREEMENT FOR QUALIFIED STOCK OPTIONS
Board Company Award Agreement • November 10th, 2008 • Advisory Board Co • Services-management services

This Option is intended to qualify as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended. By executing and delivering this Award Agreement, Optionee acknowledges that he or she has received and read, and agrees that this Option shall be subject to, the terms of this Award Agreement, the Standard Terms and Conditions attached hereto and made a part hereof, and the Plan.

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