EXHIBIT (d)(13)
XXXXX XXXXXXX
Founder and Chief Executive Officer
June 26, 2003
Xx. Xxxxx X. Xxxxxxx, Xx.
Edison Schools Inc.
000 Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, XX 00000
Dear Xxxxx:
On June 20, 2000, Edison Schools Inc. (the "Company") and you entered into a
letter agreement (the "Letter Agreement") as amended on March 28, 2002 (the
"Letter Agreement as Amended") and on May 8, 2002 (the "Second Amendment to
Letter Agreement"). This letter agreement (the "Third Amendment to Letter
Agreement") sets forth an amendment to the Second Amendment to Letter Agreement.
For good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Company and you, intending to be legally bound, hereby
agree as follows:
1. The text of the Letter Agreement under the heading "Term" is hereby deleted
in its entirety and the following sentence inserted in lieu thereof:
"The term of your employment will commence as of the date hereof and end
on December 31, 2003, unless terminated earlier by you or by the Company
as provided below."
2. The Letter Agreement, as amended, is hereby confirmed to be in full force and
effect.
3. This Third Amendment to the Letter Agreement constitutes the entire
understanding of the parties with respect to the subject matter hereof.
Please sign below to evidence your agreement to the foregoing.
Sincerely,
Edison Schools Inc.
By: /s/ X. Xxxxxxxxxxx Xxxxxxx
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X. Xxxxxxxxxxx Xxxxxxx
ACCEPTED AND AGREED:
By: /s/ Xxxxx X. Xxxxxxx, Xx.
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Xxxxx X. Xxxxxxx, Xx.
