First Amendment to Memorandum of UnderstandingCorinthian Colleges Inc • July 7th, 2014 • Services-educational services
This First Amendment to Memorandum of Understanding (“this Amendment”) is made July 3, 2014, between Corinthian Colleges, Inc. and its wholly- and partially-owned subsidiaries (“Corinthian”) and the U.S. Department of Education (“the Department”). This Amendment amends the Memorandum of Understanding entered into June 22, 2014, by and between the Department and Corinthian (“the Original MOU”). Contemporaneously with the execution of this Amendment, Corinthian and the Department have executed and delivered an Operating Agreement which is effective as July 8, 2014 (the “Operating Agreement”).
Operating Agreement RecitalsOperating Agreement • July 7th, 2014 • Corinthian Colleges Inc • Services-educational services
A demonstration and description of how the delivery of training (including appropriate faculty) and services to students will not be materially disrupted and that obligation to students will be timely met:
