Zovio Inc Chandler, Arizona 85286Director Appointment Agreement • February 5th, 2020 • Zovio Inc • Services-educational services • Delaware
Contract Type FiledFebruary 5th, 2020 Company Industry JurisdictionThis letter (this “Agreement”) constitutes the agreement between (a) Zovio Inc (“Company”) and (b) SevenSaoi Capital, LLC (“SevenSaoi”) and each of the other related Persons (as defined below) set forth on the signature pages to this Agreement (collectively with SevenSaoi, the “SevenSaoi Group”). The SevenSaoi Group and each of its Affiliates (as defined below) and Associates (as defined below) are collectively referred to as the “Investors.” Company and the SevenSaoi Group are collectively referred to as the “Parties.”