STOCK PURCHASE AGREEMENT by and among AMERICAN PUBLIC EDUCATION, INC., NATIONAL EDUCATION SEMINARS, INC., THE SELLING STOCKHOLDERS, THE FOUNDERS and THE STOCKHOLDER REPRESENTATIVE Dated as of August 28, 2013Stock Purchase Agreement • November 5th, 2013 • American Public Education Inc • Services-educational services • Delaware
This STOCK PURCHASE AGREEMENT, dated as of August 28, 2013 (the “Agreement”), by and among American Public Education, Inc., a Delaware corporation (“Purchaser”), National Education Seminars, Inc., an Ohio corporation (the “Company”), the stockholders of the Company listed on the signature pages hereof under the heading “Selling Stockholders” (collectively, the “Selling Stockholders”), with respect to Sections 6.10, 6.11(b), 6.11(c) and 10.4 – 10.12 only, John G. Hondros and Linda Anderson Schwan Hondros (collectively, the “Founders”), and John G. Hondros (in his capacity as agent and attorney-in-fact of each Selling Stockholder as set forth in Section 10.2, the “Stockholder Representative”).
