August 31, 2012
EXHIBIT 10.27
Aspen University Inc.
000 Xxxxx Xxxxxxxx Xxxx., Xxxxx 0000X
Xxxxxx, XX 00000
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000 X. 00xx Xxxxxx, Xxxxx 000
Xxx Xxxx, XX 00000
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August 31, 2012
VIA EMAIL [ ]
[Attention]
[Address]
[City, State Zip]
Re: Salary Amendment
Dear [Officer]:
This letter agreement amends the Employment Agreement dated _________ by and between Aspen University Inc. (the "Company") and yourself, as amended, and documents your agreement as of August 31, 2012 to end the deferral of your salary and to reduce your salary to a rate of $100,000 per year for the remainder of fiscal year 2012.
If the foregoing is acceptable to you, please sign in the place indicated below and return an executed copy to us.
Sincerely,
___________________________
[Name and Title] ofAspen University Inc. and Aspen Group, Inc.
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AGREED AND ACCEPTED:
___________________________
[Officer]