Common Contracts

SECOND SETTLEMENT AGREEMENT

Settlement Agreement • May 14th, 2019 • New York

• Contract Type
  Settlement Agreement
• Filed
  May 14th, 2019
• Jurisdiction
  New York

THIS SECOND SETTLEMENT AGREEMENT (this “Second Settlement Agreement”) is made as of May 14, 2019 (the “Effective Date”), by and between Mark Dottore, not in his individual capacity but as receiver (the “Receiver”) of the South University of Ohio LLC, Dream Center Education Holding LLC (“DCEH”), The DC Art Institute of Raleigh- Durham LLC, the DC Art Institute of Charlotte LLC, DC Art Institute of Charleston LLC, DC Art Institute of Washington, LLC, the Art Institute of Tennessee-Nashville LLC, AiTN Restaurant LLC, The Art Institute of Colorado LLC, DC Art Institute of Phoenix LLC, The Art Institute of Portland LLC, the Art Institute of Seattle LLC, the Art Institute of Pittsburgh, DC LLC, the Art Institute of Philadelphia, DC, LLC, DC Art Institute of Fort Lauderdale LLC, the Illinois Institute of Art LLC, the Art Institute of Michigan LLC, the Illinois Institute of Art at Schaumberg LLC, DC Art Institute of Phoenix, LLC and its direct subsidiaries the Art Institute of Las Vegas LLC (“