AMENDMENT TO MEMORANDUM OF UNDERSTANDINGMemorandum of Understanding • June 26th, 2019 • Sterling Capital Partners II L P • Services-educational services
Reference is made to that certain Memorandum of Understanding (the “Agreement”) by and among Douglas L. Becker (the “Executive”), Steven M. Taslitz (“Taslitz”), R. Christopher Hoehn-Saric (together with Taslitz, the “Active Managers” and, the Active Managers together with the Executive, the “Managers”), Sterling Capital Partners II, LLC (“SCP II LLC”), Sterling Capital Partners III, LLC (“SCP III LLC”) and SP-L Parent (together with SCP II LLC and SCP III LLC, the “Companies” and, together with the Managers, the “Parties”). The Parties desire to amend the Agreement as set forth in this Amendment. Capitalized terms used but not defined in this Amendment shall have the meanings ascribed to them in the Agreement. For good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the Parties agree as follows:
