0001193125-06-252556 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • December 13th, 2006 • Education Management LLC • Services-educational services • New York

EMPLOYMENT AGREEMENT, dated as of December 7, 2006 (the “Employment Agreement”), by and between Education Management LLC, a Delaware limited liability company (together with its successors and assigns, the “Company”), and John M. Mazzoni (the “Executive”) (each of the Executive and the Company, a “Party,” and collectively, the “Parties”).

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EDUCATION MANAGEMENT CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT (Performance-Vesting)
Nonqualified Stock Option Agreement • December 13th, 2006 • Education Management LLC • Services-educational services • New York

THIS AGREEMENT (the “Agreement”), is made effective as of December 7, 2006 (the “Date of Grant”), between Education Management Corporation, a Pennsylvania corporation, and the participant set forth on the signature page hereto (the “Participant”):

EDUCATION MANAGEMENT CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT (Time- Vesting)
Nonqualified Stock Option Agreement • December 13th, 2006 • Education Management LLC • Services-educational services • New York

THIS AGREEMENT (the “Agreement”), is made effective as of December 7, 2006 (the “Date of Grant”), between Education Management Corporation, a Pennsylvania corporation, and the participant set forth on the signature page hereto (the “Participant”):

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Education Management LLC • December 13th, 2006 • Services-educational services
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