Common Contracts
2 similar Employment Agreement contracts by AID Restaurant, Inc., Education Management Corporation
EMPLOYMENT AGREEMENT WITH JOHN T. SOUTH, III July 14, 2003Employment Agreement • November 24th, 2006 • AID Restaurant, Inc. • Services-educational services • Pennsylvania
The parties to this Employment Agreement (this “Agreement”) are Education Management Corporation, a Pennsylvania corporation (the “Company”) and John T. South, III (the “Executive”). The Executive is presently the Chancellor of South University, Inc., a Georgia corporation. The Company, South University, Inc., Higher Education Services, Inc. and the Executive have entered into a Stock Purchase Agreement pursuant to which the Company shall purchase all of the issued and outstanding shares of capital stock of South University, Inc. and Higher Education Services, Inc., subject to the fulfillment of certain terms and conditions (the “Purchase Agreement”). The parties wish to provide for the continued employment of the Executive as Chancellor of South University, Inc. and as an executive officer of the Company from and after the date of the closing of the Company’s acquisition of South University, Inc. and Higher Education Services, Inc. pursuant to the Purchase Agreement (the “Effective Da
EMPLOYMENT AGREEMENT JULY 9, 2001Employment Agreement • September 27th, 2002 • Education Management Corporation • Services-educational services • Pennsylvania
The parties to this Employment Agreement (this “Agreement”) are Education Management Corporation, a Pennsylvania corporation (the “Company”) and Michael C. Markovitz, Ph.D. (the “Executive”). The Executive is presently the Chairman of Argosy Education Group, Inc, an Illinois corporation (“Argosy”). As of the date this Agreement is signed, the Company, HAC Inc., an Illinois corporation and a wholly-owned subsidiary of the Company, and Argosy have entered into an Agreement and Plan of Merger pursuant to which Argosy will become a wholly-owned subsidiary of the Company, subject to the fulfillment of certain terms and conditions (the “Merger Agreement”). The parties wish to provide for the employment of the Executive as an officer of the Company and of the surviving company in the Merger from and after the date of the closing of the Company’s acquisition of Argosy pursuant to the Merger Agreement (the “Effective Date”). This Agreement will become operative solely upon the closing of the Me
