Document:

Extension of Executive Employment Agreement, Chris Daly

 Exhibit 10.25 
 EXECUTION COPY 
 EXTENSION OF EXECUTIVE EMPLOYMENT AGREEMENT 
 This EXTENSION OF EXECUTIVE EMPLOYMENT AGREEMENT (“Extension”) is made as of February 28, 2009 by and between Atlantic Broadband Management, LLC, a
Delaware limited liability company (the “Company”), and Chris Daly (“Executive”). 
 WHEREAS, the Company and Executive entered an
Executive Employment Agreement dated March 1, 2004 (the “Agreement”) which will expire on February 28, 2009; 
 WHEREAS the Company and
Executive desire to enter into a new employment agreement; and 
 WHEREAS, the Company and Executive wish to extend the terms of the Agreement on an interim
basis for a period of six months to allow parties sufficient time to enter a new agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants
contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 Section 1. Extension of Employment Period The Employment Period shall be extended for a period of six months, beginning on the date of this Extension, unless terminated earlier under the provisions of Section 5
(a) (ii) – (iii) or by execution of a new employment agreement by Company and Executive. The term “fifth anniversary” is amended to read “fifth anniversary plus six months” wherever it appears in the
Agreement. In all other respects, the Agreement shall remain unamended. 
 Section 2. Retroactive Effect The terms and consideration as agreed to
by Company and Executive in a new employment agreement to be entered into following the date hereof shall apply retroactively to March 1, 2009. 
 Section 3. Capitalized Terms Capitalized terms used herein shall have the same meaning as set forth in the Agreement. 
 Section 4.
Governing Law. Issues and questions concerning the construction, validity, enforcement and interpretation of this Extension will be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to any
choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. In furtherance of the foregoing, the
internal law of the State of Delaware will control the interpretation and construction of this Extension, even though under Delaware’s choice of law or conflict of law analysis, the substantive law of some other jurisdiction would ordinarily
apply. 

 IN WITNESS WHEREOF, the parties hereto have executed this Extension of Executive Employment Agreement as of the date
first written above. 
  

			
	ATLANTIC BROADBAND MANAGEMENT, LLC
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	  

	Chris DalyExtension of Executive Employment Agreement, Matthew Murphy

 Exhibit 10.26 
 EXECUTION COPY 
 EXTENSION OF EXECUTIVE EMPLOYMENT AGREEMENT 
 This EXTENSION OF EXECUTIVE EMPLOYMENT AGREEMENT (“Extension”) is made as of February 28, 2009 by and between Atlantic Broadband Management, LLC, a
Delaware limited liability company (the “Company”), and Matthew Murphy (“Executive”). 
 WHEREAS, the Company and Executive entered an
Executive Employment Agreement dated March 1, 2004 (the “Agreement”) which will expire on February 28, 2009; 
 WHEREAS the Company and
Executive desire to enter into a new employment agreement; and 
 WHEREAS, the Company and Executive wish to extend the terms of the Agreement on an interim
basis for a period of six months to allow parties sufficient time to enter a new agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants
contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 Section 1. Extension of Employment Period The Employment Period shall be extended for a period of six months, beginning on the date of this Extension, unless terminated earlier under the provisions of Section 5
(a) (ii) – (iii) or by execution of a new employment agreement by Company and Executive. The term “fifth anniversary” is amended to read “fifth anniversary plus six months” wherever it appears in the
Agreement. In all other respects, the Agreement shall remain unamended. 
 Section 2. Retroactive Effect The terms and consideration as agreed to
by Company and Executive in a new employment agreement to be entered into following the date hereof shall apply retroactively to March 1, 2009. 
 Section 3. Capitalized Terms Capitalized terms used herein shall have the same meaning as set forth in the Agreement. 
 Section 4.
Governing Law. Issues and questions concerning the construction, validity, enforcement and interpretation of this Extension will be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to any
choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. In furtherance of the foregoing, the
internal law of the State of Delaware will control the interpretation and construction of this Extension, even though under Delaware’s choice of law or conflict of law analysis, the substantive law of some other jurisdiction would ordinarily
apply. 

 IN WITNESS WHEREOF, the parties hereto have executed this Extension of Executive Employment Agreement as of the date
first written above. 
  

			
	ATLANTIC BROADBAND MANAGEMENT, LLC
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	  

	Matthew MurphyExtension of Executive Employment Agreement, Richard Shea

 Exhibit 10.27 
 EXECUTION COPY 
 EXTENSION OF EXECUTIVE EMPLOYMENT AGREEMENT 
 This EXTENSION OF EXECUTIVE EMPLOYMENT AGREEMENT (“Extension”) is made as of February 28, 2009 by and between Atlantic Broadband Management, LLC, a
Delaware limited liability company (the “Company”), and Richard Shea (“Executive”). 
 WHEREAS, the Company and Executive entered an
Executive Employment Agreement dated March 1, 2004 (the “Agreement”) which will expire on February 28, 2009; 
 WHEREAS the Company and
Executive desire to enter into a new employment agreement; and 
 WHEREAS, the Company and Executive wish to extend the terms of the Agreement on an interim
basis for a period of six months to allow parties sufficient time to enter a new agreement. 
 NOW, THEREFORE, in consideration of the mutual covenants
contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 Section 1. Extension of Employment Period The Employment Period shall be extended for a period of six months, beginning on the date of this Extension, unless terminated earlier under the provisions of Section 5
(a) (ii) – (iii) or by execution of a new employment agreement by Company and Executive. The term “fifth anniversary” is amended to read “fifth anniversary plus six months” wherever it appears in the
Agreement. In all other respects, the Agreement shall remain unamended. 
 Section 2. Retroactive Effect The terms and consideration as agreed to
by Company and Executive in a new employment agreement to be entered into following the date hereof shall apply retroactively to March 1, 2009. 
 Section 3. Capitalized Terms Capitalized terms used herein shall have the same meaning as set forth in the Agreement. 
 Section 4.
Governing Law. Issues and questions concerning the construction, validity, enforcement and interpretation of this Extension will be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to any
choice of law or conflict of law rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. In furtherance of the foregoing, the
internal law of the State of Delaware will control the interpretation and construction of this Extension, even though under Delaware’s choice of law or conflict of law analysis, the substantive law of some other jurisdiction would ordinarily
apply. 

 IN WITNESS WHEREOF, the parties hereto have executed this Extension of Executive Employment Agreement as of the date
first written above. 
  

			
	ATLANTIC BROADBAND MANAGEMENT, LLC
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	  

	Richard SheaLetter Agreement by and between Career Education Corporation

 Exhibit 10.1 
 August 16, 2007 
 Mr. Thomas G. Budlong 
 [Address] 
 Dear Tom: 
 I am pleased to extend this
offer for the position of Senior Vice President, Organization Effectiveness and Administration. Your position will be based in our corporate offices in Hoffman Estates, and you will report to me. This is an important Corporate Officer role and you
will be part of our Company’s Senior Leadership Team. 
 Following are the details of your compensation package: 
  

	1.	The base salary for this position is $27,083 per month (which equates to an annual salary of $325,000). Your base salary will be reviewed on an annual basis.

  

	2.	A total sign-on bonus of $100,000 will be paid to you provided you commence employment with the Company by September 6, 2007. The first $60,000 of such amount will be paid to
you within 30 days of the start of your employment with the Company, and the remaining $40,000 will be paid to you during the first 75 days of 2008 (in addition to the annual bonus referred to below). 

  

	3.	You will be eligible to participate in the Corporate Bonus Program at the Company. Your target annual bonus will initially be 40% of base salary earned, and such bonuses are
typically paid in February or March of the year subsequent to the year for which they are earned. Your bonus for 2007 will be guaranteed to be a minimum of 40% of base salary earned so long as you continue in our employment through December 31,
2007, and such bonus payment will be made no later than March 15, 2008. 

  

	4.	You will also be eligible to participate in the Corporate Over Achievement Bonus Plan. Payments under this plan are at the discretion of the Chief Executive Officer and the
Compensation Committee of the Board of Directors based on Company achievement in excess of budgeted income. 

  

	5.	The Company will grant you 35,000 options under the terms of the CEC 1998 Employee Incentive Compensation Plan (the “Compensation Plan”) with an exercise price equal to
the stock price at the close of business on your first day of employment. The options will vest 25% per year over four years. Beginning in 2008 and thereafter, you will be eligible to participate in the company’s equity compensation
programs. 

  

	6.	In order to induce you to become employed by the Company, you will be granted 17,000 shares of restricted stock. Subject to paragraph 10 below, seven thousand (7,000) shares
will vest on the first anniversary of the grant date. The remaining ten thousand (10,000) shares will vest on the third anniversary of the grant date, subject to the terms of the restricted stock agreement. 

  

	7.	All grants of stock options and restricted stock are contingent upon formal approval by the Compensation Committee of the CEC Board of Directors. 

  

	8.	You will earn vacation at a rate of 20 working days per year. 

 Mr. Thomas G. Budlong 
 Page Two 
 August 16, 2007 
  

	9.	You will be eligible to participate in the benefit programs available to our employees as soon as you meet the eligibility requirements of each plan. I have enclosed a summary of
our plans for your review. 

  

	10.	If, during the first twelve (12) months of your employment, in the event of either an involuntary termination without cause (as defined in the Compensation Plan) or a voluntary
resignation for Good Reason (as defined below), severance benefits would only consist of: (a) one (1) year annual base salary continuation, (b) pro-rated target bonus (40% of base) based on actual time worked in the position (such
bonus to be paid no later than March 15 of the year following the year of your termination), and (c) vesting of the restricted stock granted to you pursuant to paragraph 6, above. If you are a “specified employee” (as described
in Section 409A of the Internal Revenue Code) on the date of any such termination, then any severance payment will be delayed until the date that is 6 months following the date of your “separation from service” (as defined under
Section 409A of the Internal Revenue Code). Good Reason is defined as a material diminution in duties or responsibilities inconsistent with your position as Senior Vice President, Organization Effectiveness and Administration.

  

	11.	After twelve (12) months of employment, you will be covered under the normal CEC severance policy for executives (severance benefits currently consist of 6-months annual base
salary, and pro-rated target bonus, if earned, based on actual time worked in the position). 

  

	12.	Severance benefits are conditioned upon your execution and non-revocation of a complete release of all claims against the Company in such form as provided by the Company.

  

	13.	Severance benefits are not paid in event of death, disability, retirement, voluntary resignation without Good Reason or termination for cause. 

  

	14.	This letter contains all agreements, and supersedes all other agreements, verbal and written, pertaining to your employment with CEC. Employment at the Company is employment at-will
and may be terminated at the will of either you or the Company. 

 Please call me at 847-***-**** (office) or 847-***-**** (mobile) if you wish
to discuss this offer. 
 Tom, I am excited about you joining me and the Career Education Corporation team. I know you have the skills and experience to do a
great job and to help me make a positive difference. 
  

					
	 Sincerely,

		
	 /s/ Gary E. McCullough
  
	 	 
	 Gary E. McCullough

	 President and Chief Executive Officer

	
	 Accepted and Agreed to:

			
	 /s/ Thomas Budlong
	 		 	 8-17-07

	Thomas Budlong	 		 	Date

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