50 of the Top 250 law firms use our Products every day
AMENDMENT NO. 2
TO
EMPLOYMENT AGREEMENT
The EMPLOYMENT
AGREEMENT entered into by and between Apollo Group, Inc. (the
“ Company ”) and Charles B. Edelstein
(the “ Executive ”), dated July 7,
2008 and as subsequently amended effective as of October 31,
2008 (the “ Agreement ”), is hereby
further amended effective as of February 23, 2009, as
follows:
1. Section 6(d)
of the Agreement is hereby amended in its entirety to read as
follows:
(d) Living
Expenses. Until such time as the Company makes available
Company-owned or leased housing to the Executive in the geographic
location of the Company’s corporate headquarters in Phoenix,
Arizona, the Company shall pay the Executive a monthly allowance in
the dollar amount of $3,000 to cover his housing, food and other
living costs while he is in the Phoenix Metropolitan Area. The
payment for each month shall be made in arrears no later than five
(5) business days after the end of the applicable
month.
2. Section 6(e)
of the Agr
|
