0001305323-22-000003 Sample Contracts

ZOVIO INC
Restricted Stock Unit Award Agreement • January 5th, 2022 • Zovio Inc • Services-educational services • Delaware

Unless otherwise defined herein, the terms defined in the Zovio Inc 2021 CEO Inducement Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Restricted Stock Unit Award Agreement. This Restricted Stock Unit Award Agreement, along with the Terms and Conditions of Restricted Stock Unit Grant, attached hereto as Exhibit A (the “Terms and Conditions”), shall be referred to herein as the “Award Agreement.” This Award is intended to qualify as an employment inducement grant under NASDAQ Listing Rule 5635(c)(4) and shall be interpreted consistent with that intent.

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ZOVIO INC
Performance Unit Award Agreement • January 5th, 2022 • Zovio Inc • Services-educational services • Delaware

Unless otherwise defined herein, the terms defined in the Zovio Inc 2021 CEO Inducement Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Performance Unit Award Agreement. This Performance Unit Award Agreement, along with the Terms and Conditions of Performance Unit Grant, attached hereto as Exhibit A (the “Terms and Conditions”), shall be referred to herein as the “Award Agreement.” This Award is intended to qualify as an employment inducement grant under NASDAQ Listing Rule 5635(c)(4) and shall be interpreted consistent with that intent.

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