TRANSITION AGREEMENT AND RELEASETransition Agreement and Release • June 17th, 2024 • American Public Education Inc • Services-educational services • West Virginia
THIS TRANSITION AGREEMENT AND RELEASE (this “Release” or “Agreement”) is entered into this 13th day of June, 2024, by and among American Public University System, Inc., a West Virginia corporation (the “Company”), American Public Education, Inc., a Delaware corporation (the “Parent”) and Richard W. Sunderland, Jr. (the “Executive”). The Company, the Parent, and the Executive may hereafter be referred to individually as a “Party” or collectively as the “Parties.” Capitalized terms used and not defined herein have the meaning given to them in the Executive Employment Agreement by and among the Parties, dated as of August 1, 2014, (the “Employment Agreement”).
