EMPLOYMENT AGREEMENTEmployment Agreement • September 27th, 2006 • Brown Mackie Holding CO • New York
EMPLOYMENT AGREEMENT, dated as of June 1, 2006 (the “Employment Agreement”), by and between Education Management Corporation, a Pennsylvania corporation (together with its successors and assigns, the “Company”), and John R. McKernan, Jr. (the “Executive”).
EDUCATION MANAGEMENT CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT (Performance-Vesting)Nonqualified Stock Option Agreement • September 27th, 2006 • Brown Mackie Holding CO • New York
THIS AGREEMENT (the “Agreement”), is made effective as of August , 2006 (the “Date of Grant”), between Education Management Corporation, a Pennsylvania corporation, and Edward H. West (the “Participant”):
EDUCATION MANAGEMENT CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT (Time- Vesting)Nonqualified Stock Option Agreement • September 27th, 2006 • Brown Mackie Holding CO • New York
THIS AGREEMENT (the “Agreement”), is made effective as of August , 2006 (the “Date of Grant”), between Education Management Corporation, a Pennsylvania corporation, and John R. McKernan, Jr. (the “Participant”):
LIMITED LIABILITY COMPANY AGREEMENT of EDUCATION MANAGEMENT LLCLimited Liability Company Agreement • September 27th, 2006 • Brown Mackie Holding CO • Delaware
This LIMITED LIABILITY COMPANY AGREEMENT (the “Agreement”), of Education Management LLC, a Delaware limited liability company (the “Company”), having an address at c/o Corporation Service Company, 2711 Centerville Road, Suite 400 in the City of Wilmington, County of New Castle, Delaware 19801, is made by Education Management Holdings LLC, the sole member of the Company (the “Managing Member”), and dated as of May 31, 2006.
