0000950153-08-001671 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT (General Counsel)
Executive Employment Agreement • September 29th, 2008 • Grand Canyon Education, Inc. • Services-educational services • Arizona

This Executive Employment Agreement (the “Agreement”) is entered into on September 10, 2008, by and between Grand Canyon Education, Inc., a Delaware corporation (the “Company”), and Christopher C. Richardson (“Executive”).

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AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT DATED: SEPTEMBER 17, 2008
Investor Rights Agreement • September 29th, 2008 • Grand Canyon Education, Inc. • Services-educational services • Delaware

This AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT (this “Agreement”) is entered into as of September 17, 2008, by and among GRAND CANYON EDUCATION, INC., a Delaware corporation formerly known as Significant Education, Inc. (the “Company”); each person listed on Schedule A hereto as an “Investor” (the “Investors”); each holder of Common Stock set listed on Schedule A hereto as a “Common Stockholder” (the “Common Stockholders”); and SPIRIT MANAGEMENT COMPANY, a Maryland corporation (“Spirit”).

AMENDED AND RESTATED SENIOR MANAGEMENT AGREEMENT
Senior Management Agreement • September 29th, 2008 • Grand Canyon Education, Inc. • Services-educational services • Arizona

This Amended and Restated Senior Management Agreement (“Agreement”) is entered into September 10, 2008, between Grand Canyon Education, Inc., a Delaware corporation (the “Company”), and John Crowley (“Executive”). Terms used in this Agreement and not otherwise defined shall have the meanings set forth in Article 4 of this Agreement.

INDEMNITY AGREEMENT
Indemnity Agreement • September 29th, 2008 • Grand Canyon Education, Inc. • Services-educational services • Delaware

This Indemnity Agreement, dated as of , 2008 (this “Agreement”), is made by and between GRAND CANYON EDUCATION, INC., a Delaware corporation (the “Company”), and (the “the Indemnitee”).

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