Common Contracts

2 similar Equity Agreement contracts by Archipelago Learning, Inc.

CONFIDENTIAL November 21, 2008 Mr. David Muzzo 3400 Carlisle St. Suite 345 Dallas, Texas 75204 Dear Dave:
Equity Agreement • September 3rd, 2009 • Archipelago Learning, Inc. • Delaware

Reference is hereby made to (i) that Employment Agreement (this “Agreement”) dated the 10th day of January, 2007, by and between Study Island, LLC, a Delaware limited liability company (the “Company”), and David Muzzo (the “Executive”) and (ii) that Participation Share Agreement dated [ ], 2008 (the “Equity Agreement”) by and between Study Island Holdings, LLC, a Delaware limited liability company ( “Holdings”) and the Executive. Capitalized terms used herein but not otherwise defined shall have the meanings set forth in the Agreement or the Equity Agreement, as applicable.

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CONFIDENTIAL November 21, 2008 Mr. Cameron Chalmers 5618 Morningside Ave. Dallas, Texas 75206 Dear Cam:
Equity Agreement • September 3rd, 2009 • Archipelago Learning, Inc. • Delaware

Reference is hereby made to (i) that Employment Agreement (this “Agreement”) dated the 10th day of January, 2007, by and between Study Island, LLC, a Delaware limited liability company (the “Company”), and Cameron Chalmers (the “Executive”) and (ii) that Participation Share Agreement dated [ ], 2008 (the “Equity Agreement”) by and between Study Island Holdings, LLC, a Delaware limited liability company ( “Holdings”) and the Executive. Capitalized terms used herein but not otherwise defined shall have the meanings set forth in the Agreement or the Equity Agreement, as applicable.

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