Document:

EX-10.1

[Corinthian Colleges, Inc. Letterhead]

     , 2005

[Director Name]

Re: Amendment of Underwater Options

On August 30, 2005, the Compensation Committee of our Board of Directors amended certain stock
options that have been granted to you by Corinthian Colleges, Inc. (the “Company”) to extend the
period that you have to exercise the options should you cease to provide services to the Company.
The amendment is described in the following paragraph and is applicable with respect to any and all
stock options granted to you under the Company’s 1998 Performance Award Plan and 2003 Performance
Award Plan (individually, a “Plan” and collectively, the “Plans”) on or before August 30, 2005, to
the extent such options remained outstanding and unexercised as of that date, but only to the
extent that the per-share exercise price of such stock options is equal to or greater than $12.75
(your “Underwater Options”).

If you cease to be employed by or cease to provide services to the Company or one of its
Subsidiaries (as defined in the applicable Performance Award Plan) (regardless of the reason for
such termination of employment or cessation of service), the following rules shall apply (the last
day that you are employed by or provide services to the Company or a Subsidiary is referred to as
your “Severance Date”):

	 	(a)	 	you will have until the date that is 3 years after your Severance Date to
exercise your Underwater Options (or portion thereof) to the extent they are vested on
the Severance Date (after giving effect to any acceleration of vesting thereof pursuant
to the applicable Plan or the award agreements evidencing your Underwater Options);

	 	(b)	 	your Underwater Options, to the extent not vested on the Severance Date (after
giving effect to any acceleration of vesting thereof pursuant to the applicable Plan or
the award agreements evidencing your Underwater Options), shall terminate on the
Severance Date; and

	 	(c)	 	your Underwater Options, to the extent exercisable for the 3-year period
following the Severance Date and not exercised during such period, shall terminate at
the close of business on the last day of the 3-year period.

In each case, however, your Underwater Options remain subject to earlier termination on the
expiration of the maximum term of such stock options as set forth in the applicable award agreement
evidencing such options, or as otherwise provided in the applicable Plan.

This letter confirms that the termination of service/employment rules applicable to your
Underwater Options have been amended as described above. Please call [Name, Title] if you have any
questions regarding this amendment.

Sincerely,

[Name]

[Title]Exhibit 10.1 --  Shareholder Agreement

                          Doreen E. Zimmerman
                        3415 Ocatillo Mesa Way
                     North Las Vegas, Nevada 89031

August 17, 2005

Hair Therapists, Inc.
3415 Ocatillo Mesa Way
North Las Vegas, NV 89031

Re:  Shareholder Agreement with Hair Therapists, Inc.

Gentlemen:

     In consideration of the sale of the shares of Common Stock of Hair
Therapists, Inc. (the "Company") to the undersigned (the "Holder"), the Holder
hereby represents, warrants, covenants and agrees, for the benefit of the
Company and any holders of record (the "third party beneficiaries") of the
Company's outstanding securities, including the Company's Common Stock, $0.001
par value (the "Stock") at the date hereof and during the pendency  of this
letter agreement, that the Holder will not transfer, sell, contract  to sell,
devise, gift, assign, pledge, hypothecate, distribute or grant any option to
purchase or otherwise dispose of, directly or indirectly, her 230,000 shares of
Stock of the Company owned beneficially or otherwise by the Holder except in
connection with or following completion of a merger, acquisition or other
transaction of or by the Company meeting the definition of a business
combination as defined in the Company's registration statement on Form 10-SB or
otherwise complying with the purposes of the Company as set out in the
registration statement.

     Any attempted sale, transfer or other disposition in violation of this
letter agreement shall be null and void.

     The Holder further agrees that the Company (i) may instruct its transfer
agent not to transfer such securities (ii) may provide a copy of this letter
agreement to the Company's transfer agent for the purpose of instructing the
Company's transfer agent to place a legend on the certificate(s) evidencing
the securities subject hereto and disclosing that any transfer, sale, contract
for sale, devise, gift, assignment, pledge or hypothecation of such securities
is subject to the terms of this letter agreement and (iii) may issue stop-
transfer instructions to its transfer agent for the period contemplated by
this letter agreement for such securities.

     This letter agreement shall be binding upon the Holder, its agents,
heirs, successors, assigns and beneficiaries.

     Any waiver by the Company of any of the terms and conditions of this
letter agreement in any instance shall be in writing and shall be duly
executed by the Company and the Holder and shall not be deemed or construed
to be a waiver of such term or condition for the future, or of any subsequent
breach thereof.

     Agreed and accepted this 17th day of August 2005.

                                           THE HOLDER

                                      By: /s/ Doreen E. Zimmerman
                                          ------------------------
                                              Doreen E. Zimmerman
                                              President

<PAGE>EXHIBIT 4.1 - 09/07/2005 FORM 8-K

Exhibit 4.1

SUPPLEMENTAL INDENTURE 

        SUPPLEMENTAL
INDENTURE, dated as of September 2, 2005, among Bally Total Fitness Holding Corporation, a
Delaware corporation (the “Company”) and U.S. Bank National Association, as
trustee (the “Trustee”). 

        WHEREAS,
the Company has duly issued its 10-1/2% Senior Notes due 2011 in the aggregate principal
amount of $235,000,000 (the “Notes”) pursuant to an Indenture dated as of July
2, 2003, among the Company, the Guarantors named therein and the Trustee (as amended or
supplemented, the “Indenture”), and the Notes are outstanding on the date
hereof; 

        WHEREAS,
the Company solicited, and received, consents (the “Initial Consent
Solicitation”) upon the terms and subject to the conditions set forth in the
Company’s Consent Solicitation Statement dated November 15, 2004 and the accompanying
Letter of Consent, from Holders (as defined in the Indenture) representing at least a
majority in aggregate principal amount of the outstanding Notes to certain waivers of
Defaults (as defined in the Indenture) and amendments to the Indenture described therein; 

        WHEREAS,
pursuant to the Initial Consent Solicitation and Sections 5.13 and 10.20 of the Indenture,
Holders representing at least a majority in aggregate principal amount of the outstanding
Notes have waived certain Defaults under and prospective compliance with Sections 7.4,
10.17 and 10.19(b) of the Indenture through the Waiver Expiration Date; 

        WHEREAS,
Section 9.2 of the Indenture provides that, with the consent of the Holders of at least a
majority in aggregate principal amount of the outstanding Notes, the Company and the
Trustee may enter into an indenture supplemental to the Indenture for the purpose of
amending, modifying or changing the Indenture or the Notes; 

        WHEREAS,
to waive compliance with Section 7.4 of the Indenture through the Waiver Expiration Date,
the Company and the Trustee entered into an indenture supplemental to the Indenture on
December 7, 2004 in accordance with Section 9.2 of the Indenture; 

        WHEREAS,
the Company has also solicited, and has received, consents (the “Consent
Solicitation”) upon the terms and subject to the conditions set forth in the Consent
Solicitation Materials (as defined below), from Holders representing at least a majority
in aggregate principal amount of the outstanding Notes to obtain an extension of certain
waivers of Defaults received in the Initial Consent Solicitation and amendments to the
Indenture described therein; 

        WHEREAS,
pursuant to the Consent Solicitation and Sections 5.13 and 10.20 of the Indenture, Holders
representing at least a majority in aggregate principal amount of the outstanding Notes
have agreed to an extension of the waivers received in the Initial Consent Solicitation
with respect to certain Defaults under and prospective compliance with Sections 7.4, 10.17
and 10.19(b) of the Indenture through the New Waiver Expiration Date (as defined below); 

        WHEREAS,
to extend the waiver of compliance with Section 7.4 of the Indenture through the New
Waiver Expiration Date, the Indenture requires the Company and the Trustee to enter into
an indenture supplemental to the Indenture in accordance with Section 9.2 of the
Indenture; and 

        WHEREAS,
Section 9.4 of the Indenture provides that a supplemental indenture becomes effective in
accordance with its terms and thereafter binds every Holder; 

        NOW,
THEREFORE, the parties hereto agree as follows: 

        SECTION
1.   ACKNOWLEDGEMENTS. (a) The Trustee acknowledges that the Holders representing at least a
majority in aggregate principal amount of the outstanding Notes have waived through the
New Waiver Expiration Date the Company’s obligation to file with the SEC and furnish
to Holders of Notes and the Trustee the Prior Information as required by Sections 7.4,
10.17 and 10.19(b) of the Indenture in accordance with and subject to the terms and
conditions set forth in the Consent Solicitation Materials. 

        
(b) Subject to the terms and conditions set forth in the Consent Solicitation
          Materials, the Trustee acknowledges that pursuant to Section 5.13 of the
          Indenture by reason of such waiver referenced in paragraph (a) above, any past
          Default or any Event of Default arising therefrom and their respective
          consequences shall cease to exist through the New Waiver Expiration Date. 

        SECTION
2.   DEFINITIONS. Capitalized terms not defined herein shall have the meanings given to such
terms in the Indenture or any supplemental indenture related thereto. 

        SECTION
3.   AMENDMENT TO SECTION 1.1. The following defined terms are hereby inserted into Section
1.1 of the Indenture in their respective correct alphabetical order. To the extent the
defined terms are already included in the Indenture, such terms are replaced in their
entirety by the defined terms set forth below. 

        “Additional
Consent Fee” means: (i) with respect to the Initial Consent Solicitation, a payment
in cash to Consenting Holders equal to $2.50 per $1,000 in principal amount of Notes with
respect to which consents were received and not revoked in accordance with the terms of
the Company’s Consent Solicitation Statement dated November 15, 2004 and the related
Letter of Consent; and (ii) with respect to the Consent Solicitation, a payment in cash to
Consenting Holders equal to $15.00 per $1,000 in principal amount of Notes with respect to
which consents were received and not revoked in accordance with the terms and conditions
set forth in the Consent Solicitation Materials. 

        “Consent
Solicitation Materials” means the Company’s Consent Solicitation Statement dated
July 13, 2005 and the related Letter of Consent, as amended and supplemented through the
date hereof. 

        “Consenting
Holders” means: (i) with respect to the Initial Consent Solicitation, the Persons in
whose names Notes were registered in the Note Register on November 18, 2004 from whom
properly executed, unrevoked Letters of Consent were received on or prior to December 7,
2004 in accordance with the terms of the Company’s Consent Solicitation Statement
dated November 15, 2004 and the related Letter of Consent; and (ii) with respect to the
Consent Solicitation, the Persons in whose names the Notes were registered in the Notes
Register on July 12, 2005 from whom properly executed, unrevoked Letters of Consent were
received on or prior to August 30, 2005 in accordance with the Consent Solicitation
Materials. 

2

        “New
Waiver Expiration Date” means 5:00 p.m., New York City time, on November 30, 2005. 

        “Prior
Information” means annual reports, quarterly reports and other documents which the
Company was required to file with the SEC pursuant to Sections 13(a) or 15(d) of the
Exchange Act and furnish to Holders of Notes and the Trustee and which have not been so
filed or furnished as of the date hereof. 

        SECTION
4.   AMENDMENT TO SECTION 7.4. Section 7.4 of the Indenture is hereby amended by deleting
the last paragraph and inserting the following in its place: 

        “Notwithstanding
any of the foregoing and subject to the terms and conditions set forth in the Consent
Solicitation Materials, the Company shall not be required to comply with this Section 7.4
during the period beginning on the date hereof and ending on the New Waiver Expiration
Date.” 

        SECTION
5.     MISCELLANEOUS. 

                Section
5.1.  New York Law to Govern. THIS SUPPLEMENTAL INDENTURE SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (WITHOUT
REGARD TO CONFLICTS OF LAWS PRINCIPLES THEREOF).  

                Section
5.2.  Counterparts. This Supplemental Indenture may be executed in any
number of counterparts, each of which shall be an original; but such counterparts shall
together constitute but one and the same instrument.  

                Section
5.3.  Effect of Headings. The Section headings herein are for
convenience only and shall not affect the construction hereof.  

                Section
5.4.   Trustee Disclaimer. The Trustee has accepted the amendment of the Indenture
effected by this Supplemental Indenture and agrees to execute the trust created by the
Indenture as hereby amended, but only upon the terms and conditions set forth in the
Indenture, including the terms and provisions defining and limiting the liabilities and
responsibilities of the Trustee, and, without limiting the generality of the foregoing,
the Trustee shall not be responsible in any manner whatsoever for or with respect to any
of the recitals or statements contained herein, all of which recitals or statements are
made solely by the Company, or for or with respect to (a) the validity or sufficiency of
this Supplemental Indenture or any of the terms or provisions hereof, (b) the proper
authorization hereof by the Company by corporate action or otherwise, (c) the due
execution hereof by the Company, (d) the consequences (direct or indirect and whether
deliberate or inadvertent) of any amendment herein provided for, and the Trustee makes no
representation with respect to any such matters and (e) the validity or sufficiency of the
solicitation or the consent solicitation materials or procedure in connection therewith. 

[Signatures on following page] 

3

        IN
WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first written above. 

	 	BALLY
TOTAL FITNESS HOLDING CORPORATION

	 	By:      /s/ Marc D. Bassewitz

	 	

	 	Name: Marc D. Bassewitz 

Title: Senior Vice President and General Counsel

	 	U.S. BANK NATIONAL ASSOCIATION, as Trustee

	 	By:      /s/ Patricia J. Kapsch

	 	

	 	Name: Patricia J. Kapsch 

Title: Assistant Vice President

          U.S. Bank, National Association as Trustee

4

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