Re: Amendment to Letter Agreement
Exhibit 10.3
April 28, 2015
Xx. Xxxxx X. Xxxxxx
ITT Educational Services, Inc.
00000 Xxxxx Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000-0000
Re: Amendment to Letter Agreement
Dear Xxxxx:
Reference is made to that certain letter agreement (the “Letter Agreement”) dated as of August 4, 2014, between you and ITT Educational Services, Inc. (the “Company”). You and the Company hereby agree to extend the Applicable Period (as defined and used in the Letter Agreement) to and including May 29, 2015. Other than such amendment, all other terms and conditions of the Letter Agreement remain in full force and effect without modification.
If the foregoing accurately reflects our agreement, please sign and return to us the enclosed duplicate copy of this letter.
ITT EDUCATIONAL SERVICES, INC. | ||||
By: | /s/ Xxxx X. Xxxx | |||
Name: | Xxxx X. Xxxx | |||
Title: | Executive Chairman | |||
Accepted and Agreed to: | ||||
/s/ Xxxxx X. Xxxxxx | ||||
Xxxxx X. Xxxxxx |