$ in thousands
EX-10.2 3 p74022exv10w2.htm EX-10.2 exv10w2
AMENDMENT
TO
EMPLOYMENT AGREEMENT
The EMPLOYMENT AGREEMENT entered into by and between Apollo Group, Inc. (the Company) and Joseph L. DAmico (the Executive), effective June 5, 2007 (the Agreement) , is hereby amended as follows, effective as of the June 15, 2007 commencement date of Executives employment with the Company pursuant to such Agreement.
1. Section 6(b) of the Agreement is hereby amended in its entirety to read as follows:
(b) Office and Facilities. The Executives principal place of employment shall be at the Companys corporate offices in Phoenix, AZ, and at such location Executive shall be provided with appropriate offices and such secretarial and other support facilities as are commensurate with the Executives status with the Company and adequate for the performance of his duties hereunder.
2. Section 7(c)(iii) of the Agreement is hereby amended in its entirety to read as follows:
(iii) a relocation of the Executives principal place of employment by more than fifty (50) miles from the Companys current corporate headquarters in Phoenix, AZ (other than a relocation of Executives principal place of employment to Chicago, Illinois); provided, however that travel to other locations as reasonably required to carry out the Executives duties and responsibilities hereunder shall not be a basis for a termination for Good Reason; or
3. Except as modified by this Amendment, all the terms and provisions of the Agreement shall continue in full force and effect.
IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly authorized officer and the Executive has executed this Agreement as of the June 15, 2007 commencement date first above written.
JOSEPH L. DAMICO | THE APOLLO GROUP, INC. | |||||||
/s/ Joseph L. DAmico | By: | /s/ Brian E. Mueller | ||||||
Its: | President |