STOCK PURCHASE AGREEMENT by and among CERTAIN OF THE STOCKHOLDERS OF U.S. EDUCATION CORPORATION, THE OPTIONHOLDERS OF U.S. EDUCATION CORPORATION, WILLIAM BLAIR CAPITAL PARTNERS VII QP, L.P. and CLEARLIGHT PARTNERS, LLC, together as Sellers'...Stock Purchase Agreement • August 1st, 2008 • Devry Inc • Services-educational services • Illinois
THIS STOCK PURCHASE AGREEMENT (this "Agreement") is made as of July 30, 2008, by and among U.S. Education Corporation, a Delaware corporation (the "Company"), the Persons identified as "Stockholders" on the signature pages attached hereto (collectively, the "Stockholders" and each a "Stockholder"), the Persons identified as "Optionholders" on the signature pages attached hereto (collectively, the "Optionholders" and each a "Optionholder"), William Blair Capital Partners VII QP, L.P., a Delaware limited partnership, and ClearLight Partners, LLC, a Delaware limited liability company, together as Sellers' Representative (the "Sellers' Representative"), DeVry Inc., a Delaware corporation (the "Buyer") and USEC Acquisition Inc., a Delaware corporation and wholly-owned subsidiary of the Buyer (the "Acquisition Sub"). Unless otherwise provided, capitalized terms used herein are defined in Article 1 below.
