Document:

EX-10.8

 Exhibit 10.8 

EXECUTION VERSION 

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 

THIS SECOND AMENDMENT (“Amendment”) to the Employment Agreement by and between McGraw-Hill Global Education
Holdings, LLC, a Delaware limited liability company (as assignee to McGraw-Hill Education, Inc., a Delaware corporation) (the “Company”), and Lloyd G. Waterhouse (the “Executive”), dated as of June 6, 2012, and
amended as of May 15, 2013 (the “Employment Agreement”), is made by and between the Executive and the Company, effective as of this 5th day of December, 2013 (the
“Amendment Effective Date”). 
 WHEREAS, the Executive has been employed by the Company pursuant to the terms of the
Employment Agreement; 
 WHEREAS, the Company and the Executive have determined that it is in the Company’s and the
Executive’s best interests to extend the term of the Executive’s employment with the Company; and 
 WHEREAS, the parties
desire to amend the Employment Agreement as provided herein. 
 NOW, THEREFORE, in consideration of the mutual covenants and promises
contained herein and for good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto, each intending to be legally bound hereby, agree to amend the Employment Agreement, effective as of the Amendment Effective
Date, as follows: 
  

	 	1.	Section 1(a) of the Employment Agreement is hereby amended by replacing the last sentence thereof in its entirety with the following: 

“From May 15, 2013, through the expiration of the Term, the Executive shall have the duties, responsibilities and authority commensurate
with his position and shall also assist in identifying, recruiting and transitioning to his successor.” 
  

	 	2.	Section 2 of the Employment Agreement is hereby amended by replacing the first sentence of Section 2 in its entirety with the following: 

“2. Term of Employment. The Executive’s employment under this Agreement shall commence on June 13, 2012 (the
“Effective Date”) and shall terminate on the earlier of April 30, 2014 or the commencement of employment of his successor as chief executive officer subject to earlier termination of the Executive’s employment under this
Agreement.” 
  

	 	3.	A new Section 3(b)(3) is hereby added to the Employment Agreement as follows: 

 “(3) For
the 2014 calendar year, the Executive shall have the opportunity to earn an annual incentive bonus equal to 100% of his Base Salary based on his achievement of the performance goals and objectives specified for

 
2014 on the attached Annex D, which amount shall be prorated by the number of days that the Executive is employed by the Company in 2014 over 365. The goals set forth on Annex D have been
established and approved by the Board and the Executive’s success in achieving such goals shall be determined reasonably and in good faith by the Board. This bonus shall be payable as a cash lump sum as soon as practicable following the
Board’s determination of the extent the performance goals have been achieved, but in no event later than March 15, 2015, subject to the Executive not terminating his employment voluntarily without Good Reason or being terminated by the Company
for Cause prior to the end of the Term.” 
  

	 	4.	Section 3(e) of the Employment Agreement is hereby amended by adding the following sentence to the end thereof: 

“The Executive shall be reimbursed for reasonable first-class travel and other related expenses for his spouse to visit him in New York
or join him on a business trip once per month.” 
  

	 	5.	The language that was added to the end of Section 4(b)(i) of the Employment Agreement by the amendment effective as of May 15, 2013 is replaced in its entirety with the following: 

“Pursuant to the second sentence of this Section 4(b)(i), upon termination of the Executive’s employment at the expiration of the
Term: 
  

	 	(A)	the Executive shall be entitled to receive a lump sum payment of two (2) times his Base Salary on the sixtieth (60th) day following his termination of employment; it
being understood, however, that if the Executive’s employment terminates earlier as a result of a termination without Cause by the Company or by the Executive for Good Reason (as contemplated by clause (A) or (B) of the first sentence of this
Section 4(b)(i)) then Executive shall also receive such lump sum payment; and 

  

	 	(B)	the Company shall cause Holdings not to exercise its repurchase rights under Section 4.1 of the Stockholders’ Agreement (as defined in the Equity Plan) or Section 6 of the Option Grant Certificate with respect to
the Executive’s Co-Investment or vested Option.” 

  

	 	6.	Section 4(e) of the Employment Agreement is hereby amended by replacing the last three sentences thereof with the following: 

“Following the Term, if requested by the Company and agreed to by the Executive, the Executive shall continue to serve on the Board
and/or provide advisory assistance to the Company on a part-time basis (but not in any event at a level that would not result in a “separation from service” under Code Section 409A). Any such services following the Term shall

  
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be pursuant to a separate agreement which shall provide that Executive shall receive benefits and compensation comparable to that received by other outside directors.” 

 

	 	7.	Within thirty (30) days of presentation of appropriate documentation, the Company shall pay all reasonable and documented legal fees and related expenses incurred in connection with the drafting, negotiation and
execution of this Amendment and other related documents, subject to a maximum cap of $20,000 in the aggregate. 

  

	 	8.	The Employment Agreement shall remain unchanged and in full force and effect other than as provided in this Amendment. However, to the extent that any of the provisions of this Amendment are inconsistent with the
Employment Agreement, the provisions contained in this Amendment shall govern. 

  

	 	9.	This Amendment may be executed in counterparts, each one of which shall be deemed an original and all of which together shall constitute one and the same Amendment. 

IN WITNESS WHEREOF, this Amendment has been executed as of the date first written above. 

 

			
	MCGRAW-HILL GLOBAL EDUCATION HOLDINGS, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	 /s/ Lloyd G. Waterhouse

	LLOYD G. WATERHOUSE

  
 3 

 ANNEX D 
  

	1.	Provide leadership to the Company for the remainder of the Term. 

  

	2.	Continue to support and mentor the senior executive team. 

  

	3.	Provide leadership and personal assistance as needed to complete transactions, if advantageous to the Company to do so, of Area9, Engrade and Professional. 

 

	4.	Assist in transition to the Company’s new CEO. 

  

	5.	Continue to work within the industry to represent and promote the Company.EX-10.9

 Exhibit 10.9 
  

 
 June 18, 2012 
 Mr. Thomas
Kilkenny 
 New York, New York 
 Dear Tom: 

I am extremely pleased to confirm our employment offer to you to join The McGraw-Hill Companies as Controller for McGraw-Hill Education (MHE). In this
position, you will report directly to me in my capacity as Chief Financial Officer and Chief Administration Officer for MHE. Your base salary will be $13,541.66 semi-monthly ($325,000 computed on an annual basis). We would like your start date to be
July 9, 2012. 
 Subject to the approval of the Compensation Committee of the Board of Directors: 

 

	 	•	 	You will be eligible to participate in the 2012 McGraw-Hill Key Executive Short-Term Incentive Compensation Plan with a bonus opportunity that ranges from $0 to $180,000. For 2012, you will be guaranteed $90,000 (gross)
short-term incentive compensation payment on or before March 15, 2013. Details on how awards are earned under the Plan are available in the Plan Document provided to all participants. 

 

	 	•	 	You will also be eligible for a long-term incentive grant of $125,000, subject to the approval of an MHE long-term incentive plan for 2012. Details will be provided to you once available. 

You will be eligible to receive all benefits routinely made available to all McGraw­Hill employees at comparable levels, and you will be subject to all
applicable policies of The McGraw-Hill Companies. 

 As a special consideration, you will be eligible for twelve months salary in severance if your employment is
involuntarily terminated for reasons other than “cause” within three years of your start date. Upon your third anniversary of employment, you will participate in the company severance plan applicable for executives at your grade level.

 Please note that your offer of employment with The McGraw-Hill Companies is contingent upon the successful completion of a background investigation,
which will be administered by an independent third-party vendor, Sterling lnfosystems. The investigation will include employment and education verification, as well as a criminal history and credit review. 

This offer does not guarantee your employment with The McGraw-Hill Companies for a specific length of time. Therefore, neither you nor The McGraw-Hill
Companies is making a commitment to the other to continue an employment relationship, which may be terminated by either of us at any time, subject only to the terms of this letter. 

Under the Immigration Reform and Control Act of 1986, you must provide proof of your identify and eligibility to work in the United States within the first
three days of your employment. 
 Tom, we are all pleased about your joining the management team here at The McGraw-Hill Companies. There will be many
challenges ahead of you, and we are all confident that you have the background and expertise required to attain our growth objectives. If the terms of your employment as outlined above are acceptable, please indicate by signing and dating below. You
should return the signed letter to me at your earliest convenience. 
 Sincerely, 

/s/ Patrick Milano 
 Patrick Milano 

Chief Financial Officer & Chief Administrative Officer 

McGraw-Hill Education 
 Signed and agreed to on this 

3 day of July, 2012 
  

	
	 /s/ Thomas Kilkenny

	 Thomas Kilkenny

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