Amendment to License Agreement

Amendment to License Agreement

This Amendment to License Agreement (“ Amendment ”) is entered into as of this 8th day of May, 2008 (the “ Effective Date ”) by and between Blanchard Education, LLC, a California Limited Liability Corporation, including all of its offices, divisions, successors and assigns (“ Blanchard Education ”), and Grand Canyon Education, Inc., a Delaware corporation formerly known as Significant Education, Inc. (“ GCEI ”). Within this Amendment, Blanchard Education and GCEI may be referred to individually as a “ Party ” or collectively as the “ Parties ”.

RECITALS

WHEREAS , Blanchard Education and GCEI are parties to a License Agreement, dated as of June 30, 2004, as amended (the “ License Agreement ”); and

WHEREAS , the Parties desire to make the following amendments to the License Agreement.

NOW, THEREFORE , in considerations for the mutual promises contained here, and for other good and valuable consideration, the Parties agree as follows:

AGREEMENT

1.        Amendment to Section 18 . Section 18 of the License Agreement is hereby amen