0001193125-12-013702 Sample Contracts

Termination Agreement
Termination Agreement • January 17th, 2012 • Grand Canyon Education, Inc. • Services-educational services

This Termination Agreement (this “ Termination Agreement”) is made and entered into as of January 12, 2012, by and between Brent D. Richardson and Christopher C. Richardson (each a “Reporting Person”, and collectively, the “Reporting Persons”). Reference is hereby made to the Statement of Beneficial Ownership on Schedule 13D filed with the Securities and Exchange Commission filed by the Reporting Persons on December 5, 2008, as amended from time to time (the “Schedule 13D”).

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