0001193125-06-240773 Sample Contracts

SEPARATION AGREEMENT
Separation Agreement • November 22nd, 2006 • Varsity Group Inc • Retail-catalog & mail-order houses • District of Columbia

This Separation Agreement (the “Agreement”) is made effective as of November 21, 2006 (the “Effective Date”), by and between Mark Thimmig (“Employee”) and Varsity Group Inc., a Delaware corporation (the “Company”), with reference to the following facts:

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Employment Offer
Employment Offer • November 22nd, 2006 • Varsity Group Inc • Retail-catalog & mail-order houses • District of Columbia

THIS Offer (the “Offer”) made as of the 16th day of May 2006 by and between VARSITY GROUP INC., a Delaware corporation (the “Company”), and James M. Craig (the “Executive”).

Re: Amendment to Employment Agreement
Employment Agreement • November 22nd, 2006 • Varsity Group Inc • Retail-catalog & mail-order houses

This letter agreement (this “Agreement”) shall serve as an amendment to your employment agreement dated May 16 , 2006 with Varsity Group Inc. (your “Employment Agreement”). Defined terms shall have the same meanings provided for in the Employment Agreement.

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