ASSIGNMENT FOR THE BENEFIT OF CREDITORS SUPPORT AGREEMENTAssignment for the Benefit of Creditors Support Agreement • February 25th, 2016 • New York
This Assignment for the Benefit of Creditors Support Agreement (this “Agreement”) is made and entered into as of this 25th day of February 2016 (the “Effective Date”), by and among B&H Education Holdings, LLC (“Holdings”), B&H Education, Inc. (“Company”), ABRY Senior Equity II, LP, ABRY Senior Equity II-A, LP., ABRY Senior Equity Co-Investment Fund, LP, ABRY Partners VI, LP and ABRY Investment Partnership, LP (collectively, “ABRY”), Bank of Montreal, in its capacity as administrative agent (“Agent”) under the Credit Agreement (defined below), the Lenders (as defined below), and Rashed Elyas, Nagui Elyas and Michael Flecker, in their individual capacities (collectively, “Management”). The Company, Holdings, ABRY, Agent, the Lenders, and Management are referred herein collectively as the “Parties” and each individually as a “Party.”
