0001193125-11-149318 Sample Contracts

OPTION CANCELLATION AGREEMENT

Option Cancellation Agreement • May 24th, 2011 • Nobel Learning Communities Inc • Services-educational services • Delaware

• Contract Type
  Option Cancellation Agreement
• Filed
  May 24th, 2011
• Company
  Nobel Learning Communities Inc
• Industry
  Services-educational services
• Jurisdiction
  Delaware

THIS OPTION CANCELLATION AGREEMENT (this “Agreement”) is made as of May 18, 2011, by and between the undersigned (the “Option Holder”) and Nobel Learning Communities, Inc., a Delaware corporation (the “Company”). Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to them in the Merger Agreement (as defined below).