0001193125-08-058975 Sample Contracts

Stephen Richards Stock Option Grant and Agreement The Princeton Review, Inc.
Grant and Agreement • March 17th, 2008 • Princeton Review Inc • Services-educational services • New York

The definition of any terms used herein may be found in The Princeton Review Glossary dated July 1st, 2005 (“Glossary”), provided that any references in the Glossary to “Plan” or “Stock Incentive Plan” shall be deemed, for the purposes of this Agreement, to refer to this Agreement.

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THE PRINCETON REVIEW, INC.
Employment Agreement • March 17th, 2008 • Princeton Review Inc • Services-educational services

Re: Amendment to the Employment Agreement (the “Employment Agreement”), dated July 1, 2005, between Kevin Howell (“Exec”) and The Princeton Review, Inc. (“TPR”)

Contract
Princeton Review Inc • March 17th, 2008 • Services-educational services

This is to advise you as officer of the Tenant, that Leases between the Landlord and the Tenant shall hereby be extended through and including December 31, 2014. All terms and conditions of the Leases shall remain in full force and effect including but not limited to all additional rent items in the Leases such as Real Estate Tax Charges, Water Charges and Miscellaneous charges. As of January 1, 2006 the minimum annual base rent provisions of the Leases shall be deleted in their entirety and shall be replaced with the following:

PRINCETON REVIEW LETTERHEAD]
Princeton Review Inc • March 17th, 2008 • Services-educational services
EMPLOYMENT AGREEMENT The Princeton Review, Inc.
Employment Agreement • March 17th, 2008 • Princeton Review Inc • Services-educational services

This Employment Agreement this “Agreement” is between Kevin Howell (“Exec”) and The Princeton Review, Inc. (“TPR”), and is subject to the terms of the current form of the Executive Compensation Policy Statement, dated July 1, 2005, a copy of which is attached as Exhibit A (the “Policy Statement”). Terms may be defined in The Princeton Review Glossary, also dated July 1, 2005, the current form of which governs this Agreement and is attached as Exhibit B. This Agreement supersedes any previous employment agreement.

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