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  Exhibit 10.7    
    

 
    INDEPENDENT CONTRACTOR AGREEMENT    
    

        This Independent Contractor Agreement ("Agreement") is made as of November 29, 2006 (the "Effective Date"), by and between
Bridgepoint Education, Inc. (the "Company") and Robert Hartman ("Contractor") (collectively the "Parties"). 

        The
Parties agree as follows: 

        1.    Term of Agreement.    The Company hereby engages Contractor to provide consulting services to the Company for
the period commencing on the Effective Date (the "Commencement Date"), and ending as hereinafter provided in Section 4 (the "Term"). Contractor's services to the Company, and the Company's and
Contractor's obligations to each other, shall terminate simultaneously with the termination of this Agreement. 

        2.    Services.    During the Term, Contractor shall render such services as the Company may from time to time request
of Contractor related to operational and strategic planning for the Company based on Contractor's experience in the for-profit educational industry. Contractor is engaged to
put forth Contractor's best efforts using Contractor's skills, experience and knowledge to the best of Contractor's professional ability. Contractor will dedicate an average of
10-20 hours per month to performing consulting services for the Company. Contractor will complete projects assigned by the Company within the time designated. Contractor shall give
prompt notice to the Company whenever Contractor becomes aware of any inability to promptly perform services under this Agreement. 

        3.    Compensation.    During the Term, the Company shall pay directly to Contractor, a fee equivalent to $20,000 per
year (the "Fee"). The Fee shall be payable to Contractor in the amount of $10,000 bi-annually beginning on December 31, 2006. For any year in which Contractor works only a portion
of the year, the Company shall pay Contractor a pro-rata amount of the Fee. 

        4.    Term.    The Term shall commence on the Commencement Date and shall continue during the period ending on the one
(1) year anniversary of the Commencement Date. Thereafter, the Term shall be extended automatically without further action by either party by one (1) additional year, first on the first
anniversary of the Commencement Date, and on each succeeding anniversary thereafter, unless, not later than sixty (60) days prior to the end of the Term (including any extension thereof),
either the Company or the Contractor shall have notified the other in writing of its intention not to renew this Agreement. 

        5.    Termination.    This Agreement may be terminated in one of the following two ways. In the event of termination,
the Company shall pay Contractor all fees earned through the date of termination. Contractor and the Company agree that once this payment has been made, the Company shall have no further liabilities
whatsoever to Contractor. 

        (a)    Without Cause.    This Agreement may be terminated by either Party without cause upon sixty (60) days
prior written notice to the other Party. 

        (b)    Cause.    The Company may terminate this Agreement without notice at any time for Cause. In this Agreement, the
term "Cause" means: (A) the commission of an act or omission which would constitute a felony; (B) negligence or malfeasance; (C) breach of fiduciary duties to Company,
(D) neglect of duties or (E) any other action or omission which could reasonably be expected to adversely affect the Company's business, financial condition, prospect or reputation or
the Contractor's performance of his duties. 

        6.    Independent Contractor.    

        6.1    No Employment Relationship.    Contractor, in performance of services under this Agreement, is acting as an
independent contractor, and will not be considered an employee of the 

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Company
for any purpose. It is not the Parties' intent, and nothing herein shall be construed, to create between Contractor and the Company the relationship of employer/employee, partners or joint
venturers. Contractor is engaged in an independent business separate and apart from the Company and as such has the right to control the manner, method and means by which Contractor's work is
performed. The Company shall not have the right to, nor shall the Company in fact, control the manner, method or means by which Contractor provides Contractor's services. The Company only has the
right to control Contractor as to the identification of services and results desired. 

        6.2    No Employment Benefits.    Contractor understands and agrees that Contractor is not an employee and is not
entitled to receive any of the Company's employee benefits. The Company is not responsible for payment of workers' compensation, disability or other similar benefits, unemployment or other insurance,
or for withholding income or other similar taxes or Social Security tax for Contractor, but such responsibility shall be solely that of Contractor. Contractor will obtain and maintain all permits and
business licenses it needs to perform services under this Agreement, and will be responsible for all payroll and other taxes and assessments for Contractor. 

        7.    Expenses.    Contractor shall be fully responsible to pay all expenses and disbursements that Contractor incurs
in the performance of any services covered by this Agreement except reasonable travel expenses. The Company shall reimburse reasonable travel related expenses if Contractor receives approval from the
Chief Executive Officer. 

        8.    Nondisclosure of Confidential Information.    Contractor will hold in complete confidence and not disclose,
produce, publish, permit access to, or reveal any information and material which is proprietary to Company, whether or not marked as "confidential" or "proprietary" and which is disclosed to or
obtained by Contractor, which relates to Company's business activities ("Confidential Information"). "Confidential Information" shall not include information which is publicly available at the time of
disclosure or subsequently becomes publicly available through no fault of Contractor or any of its agents or employees. 

        8.1   Contractor
will not alter, modify, disassemble, reverse engineer, decompile, disseminate or distribute any materials containing or constituting Confidential Information
without the express prior written consent of the Company, and will return all Confidential Information, together with any copies thereof, promptly after the purposes for which they were furnished have
been accomplished, or upon the request of Company. Additionally, upon request of Company, Contractor will return or destroy materials prepared by Contractor that contain Confidential Information. 

        8.2   Contractor
shall take all reasonable measures necessary to protect the confidentiality of the Confidential Information and to avoid disclosure or use of the Confidential
Information, except as permitted herein, including the highest degree of care that Contractor utilizes to protect Contractor's own confidential information. Contractor shall promptly notify Company in
writing of any misuse or misappropriation of Confidential Information which may come to Contractor's attention. 

        8.3   Disclosure
of Confidential Information is not precluded if such disclosure is in response to a valid order of a court or other governmental body of the United States or
any political subdivision thereof; provided that Contractor will first give notice to Company and make a reasonable effort to obtain a protective order requiring that the Confidential Information be
disclosed only for limited purposes for which the order was issued. 

        8.4   Contractor
shall use the Confidential Information only for the limited purpose for which it was disclosed. Contractor shall not disclose the Confidential Information to
any third party (including subcontractors) without first obtaining Company's written consent and shall disclose the 

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Confidential
Information only to its own employees having a need to know. Contractor shall promptly notify Company of any items of Confidential Information prematurely disclosed. 

        8.5   Contractor
agrees that Company's Confidential Information has been developed or obtained by the investment of significant time, effort and expense and provides Company
with a significant competitive advantage in its business. If Contractor fails to comply with any obligations hereunder, Contractor agrees that Company will suffer immediate, irreparable harm for which
monetary damages will provide inadequate compensation. Accordingly, Contractor agrees that Company will be entitled, in addition to any other remedies available to it, at law or in equity, to
immediate injunctive relief to specifically enforce the terms of this Agreement. 

        8.6   The
obligations set forth in this Paragraph 8 and its subparagraphs shall survive expiration or termination of this Agreement. 

        9.    No Solicitation.    Contractor agrees that during the Term and for a one year period thereafter, Contractor will
not directly or indirectly solicit for hire any current employees of the Company. 

        10.    Assignment of Inventions.    Contractor agrees that during the Term that all inventions that are developed
using equipment, supplies, facilities or trade secrets of the Company, or result from work performed by Contractor for the Company (collectively "Assigned Inventions"), will be the sole and exclusive
property of the Company and are hereby irrevocably assigned by Contractor to the Company. 

        11.    Assignment of Intellectual Property Rights.    In addition to the foregoing assignment of Assigned Inventions
to the Company, Contractor hereby irrevocably transfers and assigns to the Company: (a) all worldwide patents, patent applications, copyrights, mask works, trade secrets and other intellectual
property rights in any Assigned Invention, and (b) any and all "Moral Rights" (as defined below) that Contractor may have in or with respect to any Assigned Invention. Contractor also hereby
forever waives and agrees never to assert any and all Moral Rights Contractor may have in or with respect to any Assigned Invention, even after expiration or termination of this Agreement. For the
purposes of this Agreement, "Moral Rights" mean any rights to claim authorship of an Assigned Invention to object to or prevent the modification of any Assigned Invention, or to withdraw from
circulation or control the publication or distribution of any Assigned Invention, and any similar right, existing under judicial or statutory law of any country in the world, or under any treaty,
regardless of whether or not such right is denominated or generally referred to as a "moral right." 

        12.    Work for Hire.    Contractor acknowledges and agrees that any copyrightable works prepared by Contractor during
the Term are "works for hire" under the Copyright Act and that the Company will be considered the author and owner of such copyrightable works. 

        13.    Outside Employment.    Contractor is free to contract with other persons and/or entities to provide them with
services during the term of this Agreement, so long as such services do not directly or indirectly conflict with the services provided by Contractor to the Company under this Agreement. 

        14.    Indemnification.    

        14.1 Contractor
shall indemnify and hold the Company harmless from any and all claims, demands, judgments, damages, liabilities, costs and fees, including reasonable
attorneys' fees, relating to or arising out of any claim or the defense of any claim that relates either to the performance by Contractor of Contractor's services under this Agreement or Contractor's
failure to comply with any of the terms of this Agreement and/or Contractor's legal obligations. 

        14.2 The
Company shall indemnify and hold Contractor harmless from any and all claims, demands, judgments, damages, liabilities, costs and fees, including reasonable
attorneys' fees, relating to or arising out of any claim or the defense of any claim that relates either to the performance by the Company under this Agreement or the Company's failure to comply with
any of the terms of this Agreement and/or the Company's legal obligations. 

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        15.    Miscellaneous.    

        15.1    Governing Law.    This Agreement shall be governed by the laws of the State of California. 

        15.2    Waiver.    The waiver by either of the parties, express or implied, of any right under this Agreement or any
failure to perform under this Agreement by the other party, shall not constitute or be deemed a waiver of any other right under this Agreement or of any other failure to perform under this Agreement
by the other party, whether of a similar or dissimilar nature. 

        15.3    Severability.    Should any part or provision of this Agreement be held unenforceable or in conflict with the
law of any jurisdiction, the validity of the remaining parts or provisions shall not be affected by such holding. 

        15.4    Entire Agreement.    This Agreement sets forth the entire agreement and understanding of the parties relating
to the Company's retention of Contractor and merges all prior and contemporaneous discussions and agreements between them. This Agreement may not be modified except in writing and signed by the
Contractor and the President of the Company. Both parties represent and acknowledge that they have read and understood this Agreement and that they have executed this Agreement voluntarily and without
duress. 

        15.5    Contractor is a Director.    Contractor is a director of the Company and this Agreement is not intended to
compensate Contractor for his services as a director of the Company, but is intended as an arm's length agreement to provide operational and strategic planning services. 

[Signature
Page Follows] 

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Agreed
to by the following: 

BRIDGEPOINT
EDUCATION, INC.. 

Date:
November 29, 2006 

					
	 
	 	 
	 	 

	Signature:	 	/s/ ANDREW CLARK

  Andrew Clark, CEO	 	 

ROBERT
HARTMAN 

Date:
November 29, 2006 

					
	 
	 	 
	 	 

	Signature:	 	/s/ ROBERT HARTMAN

  Robert Hartman	 	 

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  AMENDMENT TO INDEPENDENT CONTRACTOR AGREEMENT    
    

        This Amendment to Independent Contractor Agreement ("Amendment") is made and entered
into as of January 1, 2008, by and between Bridgepoint Education, Inc., a Delaware corporation (the "Company"), and Robert Hartman, an
individual ("Contractor"). 

 
 

  RECITALS    
    

        WHEREAS, on November 29, 2006, the Company entered into that certain Independent Contractor Agreement with Contractor (the
"Agreement"); 

        WHEREAS,
the Company and Contractor now desire to amend the Agreement as provided below. 

        NOW,
THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the Company and Contractor hereby agree to amend the Agreement as follows: 

        1.     Section 3
of the Agreement is hereby amended by deleting such section in its entirety and replacing it with the following: 

        "3.    Compensation.    During the Term, the Company shall pay directly to Contractor, a fee equivalent to $30,000 per
year (the "Fee"). The Fee shall be payable to Contractor in the amount of $15,000 bi-annually beginning on January 1, 2008. For any
year in which Contractor works only a portion of the year, the Company shall pay Contractor a pro-rata amount of the Fee." 

        2.    Miscellaneous.    

        2.1    Entire Agreement; Amendment and Waiver.    This Amendment constitutes the entire understandings of the parties
hereto and supersedes all prior agreements or understandings with respect to the subject matter hereof among such parties. This Amendment may be amended, and the observance of any term of this
Amendment may be waived, with (and only with) the written consent of the Company and Contractor. 

        2.2    Severability.    In the event that any part or parts of this Amendment shall be held illegal or unenforceable
by any court or administrative body of competent jurisdiction, such determination shall not affect the remaining provisions of this Amendment, which shall remain in full force and effect. 

        2.3    Counterparts.    This Amendment may be executed in two or more counterparts (including by facsimile), each of
which shall be deemed an original and all of which together shall be considered one and the same agreement. 

        2.4    Agreement in Full Force and Effect; Internal References.    Except as expressly amended hereby, the Agreement
remains in full force and effect. 

        2.5    Governing Law.    This Amendment shall be governed by and construed in accordance with the laws of the State of
California applicable to contracts made and to be performed entirely within such State. 

[Signature
Page Follows] 

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

					
	 
	 	 
	 	 

	 	 	 Contractor
	

 	
 	
Robert Hartman
	

 	
 	
By:	
 	
/s/ ROBERT HARTMAN

 
	

 	
 	
 Company
	

 	
 	
Bridgepoint Education, Inc., a Delaware

corporation
	

 	
 	
By:	
 	
/s/ ANDREW S. CLARK

 
	 	 	Name:  Andrew S. Clark
	 	 	Title:    Chief Executive Officer

[Signature
Page to Amendment to Independent Contractor Agreement] 

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Exhibit 10.7

INDEPENDENT CONTRACTOR AGREEMENT

AMENDMENT TO INDEPENDENT CONTRACTOR AGREEMENT

RECITALSQuickLinks
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  Exhibit 10.8    
    

 
 

  BRIDGEPOINT EDUCATION, INC.
  
    INDEMNIFICATION AGREEMENT    
    

        THIS INDEMNIFICATION AGREEMENT is made and entered into as of the      day
of                        , 2008 (the "Agreement"), by and
between Bridgepoint Education, Inc., a Delaware corporation (the "Company"),
and                                    ("Indemnitee"), with reference
to the following facts: 

        A.    The
Company desires the benefits of having Indemnitee serve as an officer and/or director secure in the knowledge that any expenses, liability and/or losses incurred by
him or her in his or her good faith service to the Company will be borne by the Company or its successors and assigns. 

        B.    Indemnitee
is willing to serve in his or her position with the Company only on the condition that he or she be indemnified for such expenses, liability and/or losses. 

        C.    The
Company and Indemnitee recognize the increasing difficulty in obtaining liability insurance for directors, officers and agents of a corporation at reasonable cost. 

        D.    The
Company and Indemnitee recognize that there has been an increase in litigation against corporate directors, officers and agents. 

        E.    Article
VIII of the Company's Certificate of Incorporation, as amended (the "Certificate"), provides for the mandatory indemnification, to the fullest extent permitted by
Delaware law, of directors and officers of the Company, from and against any and all expense, liability and loss reasonably incurred or suffered by such persons in connection with their service to the
Company, and provides that such right to indemnification is not exclusive of any other rights which any person may have or later acquire under any statute, provision of the Certificate, bylaw,
agreement, vote of stockholders or disinterested directors or otherwise. Article 9 of the Company's bylaws ("Bylaws") provides for the mandatory indemnification of any officer or director, or any
former officer or director, against any and all of the expenses, liabilities or other matters referred to in or covered by Section 145 of the Delaware General Corporation Law. 

        NOW,
THEREFORE, the parties hereby agree as follows: 

        1.    Definitions.    For purposes of this Agreement: 

        1.1   "Agent" shall mean any person who is or was a director, officer, employee or agent of the Company, or a subsidiary of the
Company whether serving in such capacity or as a director, officer, employee, agent, fiduciary or other official of another corporation, joint venture, trust or other enterprise at the request of, for
the convenience of, or to represent the interests of the Company or a subsidiary of the Company. 

        1.2   "Change of Control" shall mean, solely for purposes of this Agreement, the occurrence of any of the following events
after the date of this Agreement: 

        (a)   A change in the composition of the board of directors of the Company (the "Board"), as a result of which at least
one-half (1/2) of the incumbent directors are not directors who either (a) had been directors of the Company twenty-four (24) months prior to such change or (b) were elected, or nominated for
election, to the Board with the affirmative votes of at least a majority of the directors who had been directors of the Company twenty-four (24) months prior to such change and who were still in
office at the time of the election or nomination; or 

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        (b)   Any "person" (as such term is used in sections 13(d) and 14(d) of the Securities Exchange Act of 1934 (the "Exchange
Act"), as amended), through the acquisition or aggregation of securities is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing twenty-five percent (25%)
or more of the combined voting power of the Company's then outstanding securities ordinarily (and apart from rights accruing under special circumstances) having the right to vote at elections of
directors (the "Capital Stock"), other than Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership; provided, however, that any change in ownership of the Company's securities by any
person resulting solely from a reduction in the aggregate number of outstanding shares of Capital Stock, and any decrease thereafter in such person's ownership of securities, shall be disregarded
until such person increases in any manner, directly or indirectly, such person's beneficial ownership of any securities of the Company. 

        1.3   "Disinterested Director" shall mean a director of the Company who is not and was not a party to the Proceeding in respect
of which indemnification is being sought by Indemnitee. 

        1.4   "Expenses" shall include, without limitation, (a) all reasonable direct and indirect costs incurred, paid or accrued, (b)
all reasonable attorneys' fees, retainers, court costs, transcripts, fees of experts, witness fees, travel expenses, food and lodging expenses while traveling, duplicating costs, printing and binding
costs, telephone charges, postage, delivery service, freight or other transportation fees and expenses, (c) all other reasonable disbursements and out-of-pocket expenses, and (d) amounts paid in
settlement, to the extent not prohibited by Delaware Law. 

        1.5   "Independent Counsel" shall mean a law firm or a member of a law firm that neither is presently nor in the past five
years has been retained to represent: (a) the Company, the Board, any committee of the Board, an affiliate of the Company or Indemnitee in any matter material to either party or (b) any other party to
the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing, the term "Independent Counsel" shall not include any person who, under the applicable standards of
professional conduct then prevailing would have a conflict of interest in representing either the Company or Indemnitee in an action to determine Indemnitee's right to indemnification under this
Agreement. 

        1.6   "Liabilities" shall mean liabilities of any type whatsoever, including, but not limited to, judgments, arbitral awards,
fines, ERISA or other excise taxes and penalties, and amounts paid in settlement (including all interest, assessments or other charges paid or payable in connection with any of the foregoing). 

        1.7   "Delaware Law" means the Delaware General Corporation Law, as amended and in effect from time to time or any successor or
other statutes of Delaware having similar import and effect. 

        1.8   "Proceeding" shall mean any pending, threatened or completed action, hearing, suit or any other proceeding, whether
civil, criminal, arbitrative, administrative, investigative or any alternative dispute resolution mechanism, including without limitation any Proceeding brought by or in the right of the Company, in
which Indemnitee was, is or will be involved as a party, witness or otherwise, by reason of the fact that Indemnitee is or was an Agent of the Company, by reason of any action taken by him or her or
any inaction on his or her part while acting as an Agent of the Company, whether or not he or she is acting or serving in any such capacity at the time any such Proceeding commences or is ongoing. 

        2.    Employment Rights and Duties.    Subject to any other obligations imposed on either of
the parties by contract or by law, and with the understanding that this Agreement is not intended to confer employment rights on either party which they did not possess on the date of its execution,
Indemnitee agrees to serve as a director or officer so long as he or she is duly appointed or elected and qualified 

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in
accordance with the applicable provisions of the Certificate and Bylaws of the Company or any subsidiary of the Company and until such time as he or she resigns or fails to stand for election or
until his or her employment terminates. Indemnitee may from time to time also perform other services at the request, or for the convenience of, or otherwise benefiting the Company. Indemnitee may at
any time and for any reason resign or be removed from such position (subject to any other contractual obligation or other obligation imposed by operation of law), in which event the Company shall have
no obligation under this Agreement to continue Indemnitee in any such position. For sake of clarity, in the event of such resignation or removal, this Agreement shall survive according to its terms. 

        3.    Directors' and Officers' Insurance.    

        3.1   The Company hereby covenants and agrees that, so long as Indemnitee shall continue to serve as a director or officer of
the Company and thereafter so long as Indemnitee shall be subject to any possible Proceeding, the Company, subject to Section 3.3, shall maintain directors' and officers' insurance in full
force and effect. 

        3.2   In all policies of directors' and officers' insurance, Indemnitee shall be named as an insured in such a manner as to
provide Indemnitee the same rights and benefits, subject to the same limitations, as are accorded to the Company's directors or officers most favorably insured by such policy. 

        3.3   The Company shall maintain directors' and officers' insurance unless the Board determines in good faith that such
insurance is not reasonably available, the premium costs for such insurance are disproportionate to the amount and/or scope of coverage provided to the insureds (other than the Company), or the
coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit to the insureds (other than the Company); provided, however, that if Indemnitee is not then
serving as a director of the Company, then the Company must provide notice to Indemnitee, no less than thirty (30) days prior to the effective date of cancellation, expiration or non-renewal of the
then-current directors' and officers' insurance policy, of the Board's determination, or the possibility of such a determination, to discontinue maintenance of directors' and officers' insurance in
accordance with the exception set forth in this Section 3.3, and the Company shall in good faith request that the Board reconsider any such determination based on information that Indemnitee or his or
her insurance broker is able to provide concerning the availability, costs and benefits of continued insurance coverage. Failure of the Company to provide the required notice shall render the
exception to the obligation to continue to maintain directors' and officers' insurance set forth in this Section 3.3 inapplicable. In the event the Company properly relies on the exception to
the obligation to continue to maintain directors' and officers' insurance set forth in this Section 3.3, the Company shall purchase, prior to the deadline therefor, the maximum "option extension
period," "discovery period" or similar benefit available under the last directors' and officers' insurance policy in effect, providing to Indemnitee continuing coverage following policy expiration for
a premium which is fixed by the terms of such last policy in effect; or, if such coverage may be purchased only by Indemnitee, the Company shall pay directly for, or reimburse Indemnitee for the cost
of, Indemnitee's purchase of such coverage. 

        3.4   If, at the time of the receipt by the Company of a notice of a "Claim" as that term or any similar term is defined under
any policy of directors' and officers' liability insurance maintained by the Company, the Company shall give prompt notice of the commencement of such Claim to the insurer(s) in accordance with the
procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a
result of such Claim in accordance with the terms of such policies. 

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        4.    Indemnification.    The Company shall indemnify Indemnitee to the fullest extent
authorized or permitted by Delaware Law in effect on the date hereof, and as Delaware Law may from time to time be amended (but, in the case of any such amendment, only to the extent such amendment
permits the Company to provide broader indemnification rights than Delaware Law permitted the Company to provide before such amendment). Without in any way diminishing the scope of the indemnification
provided by this Section 4, the Company shall indemnify Indemnitee if and whenever he or she is or was a witness, party or is threatened to be made a witness or a party to any Proceeding, against all
Expenses and Liabilities actually and reasonably incurred by Indemnitee or on his or her behalf in connection with the investigation, defense, settlement or appeal of such Proceeding. In addition to,
and not as a limitation of, the foregoing, the rights of indemnification of Indemnitee provided under this Agreement shall include those rights set forth in Sections 5, 6 and 7 below. 

        5.    Payment of Expenses.    

        5.1   All Expenses incurred by or on behalf of Indemnitee shall be advanced by the Company to Indemnitee within thirty (30)
days after the receipt by the Company of a written request for such advance which may be made from time to time, whether prior to or after final disposition of a Proceeding (unless there has been a
final determination by a court of competent jurisdiction or arbitrator that Indemnitee is not entitled to be indemnified for such Expenses). Indemnitee's entitlement to advancement of Expenses shall
include those incurred in connection with any Proceeding by Indemnitee seeking a determination, an adjudication or an award in arbitration pursuant to this Agreement. The requests shall reasonably
evidence the Expenses incurred by Indemnitee in connection therewith. Indemnitee hereby undertakes to repay the amounts advanced pursuant to this Agreement if it shall ultimately be determined that
Indemnitee is not entitled to be indemnified pursuant to the terms of this Agreement. Indemnitee shall, at the Company's request, provide an additional undertaking to such effect in connection with
any Proceeding in which Indemnitee requests advancement of Expenses hereunder. 

        5.2   Notwithstanding any other provision in this Agreement, to the extent that Indemnitee has been successful on the merits or
otherwise in defense of any Proceeding, Indemnitee shall be indemnified against all Expenses actually and reasonably incurred by Indemnitee in connection therewith. 

        6.    Procedure for Determination of Entitlement to Indemnification.    

        6.1   Whenever Indemnitee believes that he or she is entitled to indemnification pursuant to this Agreement, Indemnitee shall
submit a written request for indemnification (the "Indemnification Request") to the Company to the attention of the Chief Executive Officer with a copy to the Secretary. This request shall include
documentation or information which is necessary for the determination of entitlement to indemnification and which is reasonably available to Indemnitee. Determination of Indemnitee's entitlement to
indemnification shall be made no later than sixty (60) days after receipt of the Indemnification Request. The Chief Executive Officer or the Secretary shall, promptly upon receipt of Indemnitee's
Indemnification Request, advise the Board in writing that Indemnitee has made such request for indemnification. 

        6.2   Following receipt by the Company of an Indemnification Request, an initial determination, if required by applicable law,
with respect to Indemnitee's entitlement thereto shall be made in the specific case by one of the following four methods, which shall be at the election of the Board of Directors: (1) by a
majority vote of the Disinterested Directors, even though less than a quorum, (2) by a committee of Disinterested Directors designated by a majority vote of the Disinterested Directors, even
though less than a quorum, (3) if there are no Disinterested Directors or if the Disinterested Directors so direct, by Independent Counsel in a written opinion to the Board of Directors, a copy
of which shall be delivered to Indemnitee, or (4) by a majority vote of the stockholders of the Company. Notwithstanding the foregoing, following a Change of 

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Control,
the determination shall be made by Independent Counsel pursuant to clause (3) above. The Company agrees to bear any and all Expenses reasonably incurred by Indemnitee or the Company in
connection with the determination of Indemnitee's entitlement to indemnification by any of the above methods. 

        7.    Presumptions and Effect of Certain Proceedings.    Upon making an Indemnification
Request, Indemnitee shall be presumed to be entitled to indemnification under this Agreement and the Company shall have the burden of proof by clear and convincing evidence to overcome that
presumption in reaching any contrary determination. The termination of any Proceeding by judgment, order, settlement, arbitration award or conviction, or upon a plea of nolo contendere or its
equivalent, shall not, of itself, (a) adversely affect the rights of Indemnitee to indemnification except as indemnification may be expressly prohibited under this Agreement, (b) create a presumption
that Indemnitee did not act in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of the Company or (c) with respect to any criminal action or
proceeding, create a presumption that Indemnitee had reasonable cause to believe that his or her conduct was unlawful. 

        8.    Remedies of Indemnitee in Cases of Determination not to Indemnify or to Advance
Expenses.    

        8.1   In the event that (a) an initial determination is made that Indemnitee is not entitled to indemnification, (b) advances
for Expenses are not made when and as required by this Agreement, (c) payment has not been timely made following a determination of entitlement to indemnification pursuant to this Agreement or (d)
Indemnitee otherwise seeks enforcement of this Agreement, Indemnitee shall be entitled to a final adjudication in an appropriate court of the State of Delaware of his or her entitlement to such
indemnification or advance. Alternatively, Indemnitee at his or her option may seek an award in arbitration. If the parties are unable to agree on an arbitrator within twenty (20) days, the parties
shall provide JAMS ("JAMS") with a statement of the nature of the dispute and the desired qualifications of the arbitrator. JAMS will then provide a list of three available arbitrators. Each party may
strike one of the names on the list, and the remaining person will serve as the arbitrator. If both parties strike the same person, JAMS will select the arbitrator from the other two names. The
arbitration award shall be made within ninety (90) days following the demand for arbitration. Except as set forth herein, the provisions of Delaware law shall apply to any such arbitration. In any
such proceeding or arbitration Indemnitee shall be presumed to be entitled to indemnification under this Agreement and the Company shall have the burden of proof by clear and convincing evidence to
overcome that presumption. 

        8.2   A court or arbitrator to which Indemnitee may apply for enforcement of this Agreement shall give no deference or weight
to an initial determination made by the Company pursuant to the methods set forth in Section 6.2 above that, in whole or in part, Indemnitee is not entitled to indemnification. 

        8.3   If an initial determination is made or deemed to have been made pursuant to the terms of this Agreement that Indemnitee
is entitled to indemnification, the Company shall be bound by such determination in the absence of (a) a misrepresentation of a material fact by Indemnitee in the request for indemnification or
(b) a specific finding (which has become final) by a court of competent jurisdiction or arbitrator that all or any part of such indemnification is expressly prohibited by law. 

        8.4   The Company and Indemnitee agree herein that a monetary remedy for breach of this Agreement, at some later date, will be
inadequate, impracticable and difficult to prove, and further agree that such breach would cause Indemnitee irreparable harm. Accordingly, the Company and Indemnitee agree that Indemnitee shall be
entitled to temporary and permanent injunctive relief to enforce this Agreement without the necessity of proving actual damages or irreparable harm. The Company and Indemnitee further agree that
Indemnitee shall be entitled to such injunctive relief, 

5

 

including
temporary restraining orders, preliminary injunctions and permanent injunctions, without the necessity of posting bond or other undertaking in connection therewith. Any such requirement of
bond or undertaking is hereby waived by the Company, and the Company acknowledges that in the absence of such a waiver, a bond or undertaking may be required by the court. 

        8.5   The Company agrees not to assert that the procedures and presumptions of this Agreement are not valid, binding and
enforceable. The Company further agrees to stipulate in any such court or before any such arbitrator that the Company is bound by all the provisions of this Agreement and not to make any assertion to
the contrary. 

        8.6   Expenses reasonably incurred by Indemnitee in connection with his or her Indemnification Request under, seeking
enforcement of, or to recover damages for breach of this Agreement shall be borne and advanced by the Company, unless a court of competent jurisdiction or arbitrator determines that each and every
material assertion made by Indemnitee in such action was either not made in good faith or was frivolous. 

        9.    Other Rights to Indemnification.    Indemnitee's rights of
indemnification and advancement of expenses provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may now or in the future be entitled under applicable law,
the Certificate, the Bylaws, an employment agreement, a vote of stockholders or Disinterested Directors, insurance or other financial arrangements or otherwise. 

        10.    Limitations on Indemnification.    No indemnification pursuant
to Section 4 shall be paid by the Company nor shall Expenses be advanced pursuant to Section 4: 

        10.1    Insurance.    To the extent that Indemnitee is reimbursed
pursuant to such insurance as may exist for Indemnitee's benefit. Notwithstanding the availability of such insurance, Indemnitee also may claim indemnification from the Company pursuant to this
Agreement by assigning to the Company any claims under such insurance to the extent Indemnitee is paid by the Company. Indemnitee shall reimburse the Company for any sums he or she receives as
indemnification from other sources to the extent of any amount paid to him or her for that purpose by the Company; 

        10.2    Section 16(b).    On account and to the extent of any wholly
or partially successful claim against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to the provisions of Section 16(b) or
the Securities Exchange Act of 1934, as amended, and amendments thereto or similar provisions of any federal, state or local statutory law; or 

        10.3    Indemnitee's Proceedings.    In connection with all or any
part of a Proceeding which is initiated or maintained by or on behalf of Indemnitee, or any Proceeding by Indemnitee against the Company or its directors, officers, employees or other agents, unless
(a) such indemnification is expressly required to be made by Delaware Law, (b) the Proceeding was authorized by a majority of the Disinterested Directors, (c) there has been a Change of Control or (d)
such indemnification is provided by the Company, in its sole discretion, pursuant to the powers vested in the Company under Delaware Law. 

        11.    Duration and Scope of Agreement; Binding Effect.    This Agreement shall continue so
long as Indemnitee shall be subject to any possible Proceeding. This Agreement shall be binding upon the Company and its successors and assigns (including any direct or indirect successor by purchase,
merger, consolidation or otherwise to all or substantially all of the business or assets of the Company) and shall inure to the benefit of Indemnitee and his or her spouse, assigns, heirs, devisees,
executors, administrators and other legal representatives. 

        12.    Notice by Indemnitee and Defense of Claims.    Indemnitee agrees promptly to notify the
Company in writing upon being served with any summons, citation, subpoena, complaint, indictment, 

6

 

information
or other document relating to any matter which may be subject to indemnification hereunder, whether civil, criminal, arbitrative, administrative or investigative; but the omission so to
notify the Company will not relieve it from any liability which it may have to Indemnitee if such omission does not actually prejudice the Company's rights and, if such omission does prejudice the
Company's rights, it will relieve the Company from liability only to the extent of such prejudice; nor
will such omission relieve the Company from any liability which it may have to Indemnitee otherwise than under this Agreement. With respect to any Proceeding: 

        12.1   The Company will be entitled to participate therein at its own expense; 

        12.2   Except as otherwise provided below, to the extent that it may wish, the Company jointly with any other
indemnifying party similarly notified will be entitled to assume the defense thereof, with counsel reasonably satisfactory to Indemnitee. After notice from the Company to Indemnitee of its election so
to assume the defense thereof and the assumption of such defense, the Company will not be liable to Indemnitee under this Agreement for any attorney fees or costs subsequently incurred by Indemnitee
in connection with Indemnitee's defense except as otherwise provided below. Indemnitee shall have the right to employ his or her counsel in such Proceeding but the fees and expenses of such counsel
incurred after notice from the Company of its assumption of the defense thereof and the assumption of such defense shall be at the expense of Indemnitee unless (i) the employment of counsel by
Indemnitee has been authorized by the Company in writing, (ii) Indemnitee shall have reasonably concluded that there is or is reasonably likely to be a conflict of interest between the Company and
Indemnitee in the conduct of the defense of such action or (iii) the Company shall not in fact have employed counsel to assume the defense of such action, in each of which cases the fees and expenses
of counsel shall be at the expense of the Company; and 

        12.3   The Company shall not be liable to indemnify Indemnitee under this Agreement for any amounts paid in
settlement of any action or claim effected without its written consent. The Company shall not settle any action or claim which would impose any limitation, payment obligation, cost or penalty on
Indemnitee without Indemnitee's written consent. Neither the Company nor Indemnitee will unreasonably withhold its consent to any proposed settlement. 

        12.4   Indemnitee shall provide reasonable cooperation to the Company and counsel selected pursuant to Section
12.2 in connection with the defense of any Proceeding, including providing to the Company and such counsel, upon reasonable advance request any documentation or information which is not privileged or
otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such defense. Any Expenses reasonably incurred by Indemnitee in so cooperating shall be
borne by the Company and the Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom. 

        13.    Contribution.    

        13.1   Whether or not the indemnification provided in Section 4 hereof is available, in respect of any Proceeding
in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding), the Company shall pay, in the first instance and to the fullest extent permitted by applicable law,
the entire amount of any Expenses and Liabilities without requiring Indemnitee to contribute to such payment and the Company hereby waives and, to the fullest extent permitted by applicable law,
relinquishes any right of contribution it may have against Indemnitee with respect to
such Expenses and Liabilities. The Company shall not enter into any settlement of any Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding)
unless such settlement provides for a full and final release of all claims asserted against Indemnitee. 

        13.2   Without diminishing or impairing the obligations of the Company set forth in Section 13.1, if, for any
reason, Indemnitee shall elect or be required to pay all or any portion of any 

7

 

Expenses
or Liabilities in any Proceeding in which the Company is jointly liable with Indemnitee (or would be if joined in such Proceeding), the Company shall contribute to the amount of Expenses and
Liabilities actually and reasonably incurred and paid or payable by Indemnitee in proportion to the relative benefits received by the Company and all Agents of the Company, other than Indemnitee, who
are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, from the transaction(s) from which such Proceeding arose; provided,
however, that the proportion determined on the basis of relative benefit may, to the extent necessary to conform to law, be further adjusted by reference to the relative fault of the Company and all
Agents of the Company other than Indemnitee who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, in connection with
the events that resulted in such Expenses and Liabilities, as well as any other equitable considerations that may be required to be considered under applicable law. The relative fault of the Company
and all Agents of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, shall be
determined by reference to, among other things, the degree to which their actions were motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or
secondary and the degree to which their conduct is active or passive. 

        13.3   The Company hereby agrees to fully indemnify and hold Indemnitee harmless from any claims of contribution
which may be brought by Agents of the Company, other than Indemnitee, who may be jointly liable with Indemnitee. 

        13.4   To the fullest extent permissible under applicable law, if the indemnification provided for in this
Agreement is unavailable to Indemnitee for any reason whatsoever other than as set forth in Section 9, the Company, in lieu of indemnifying Indemnitee, shall contribute to the Expenses and Liabilities
incurred by Indemnitee in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of
such Proceeding in order to reflect the relative benefits received by the Company and all Agents of the Company, other than Indemnitee, who are jointly liable with Indemnitee (or would be if joined in
such Proceeding), on the one hand, and Indemnitee, on the other hand, from the transaction(s) from which such Proceeding arose; provided, however, that the proportion determined on the basis of
relative benefit may, to the extent necessary to conform to law, be further adjusted by reference to the relative fault of the Company and all Agents of the Company other than Indemnitee who are
jointly liable with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, in connection with the events that resulted in such Expenses and
Liabilities, as well as any other equitable considerations which may be required to be considered under applicable law. The relative fault of the Company and all Agents of the Company, other than
Indemnitee, who are jointly liable
with Indemnitee (or would be if joined in such Proceeding), on the one hand, and Indemnitee, on the other hand, shall be determined by reference to, among other things, the degree to which their
actions were motivated by intent to gain personal profit or advantage, the degree to which their liability is primary or secondary and the degree to which their conduct is active or passive. 

        14.    Period of Limitations.    No legal action shall be brought and no cause of action shall
be asserted by or in the right of the Company against Indemnitee, Indemnitee's estate, spouse, heirs, executors or personal or legal representatives after the expiration of two (2) years from the date
of accrual of such cause of action, and any claim or cause of action of the Company shall be extinguished and deemed released unless asserted by the timely filing of a legal action within such two
year period; provided, however, that if any shorter period of limitations is otherwise applicable to any such cause of action, such shorter period shall govern. 

8

 

        15.    Miscellaneous Provisions.    

        15.1    Severability; Partial Indemnity.    If any provision or
provisions of this Agreement (or any portion thereof) shall be held by a court of competent jurisdiction or arbitrator to be invalid, illegal or unenforceable for any reason whatever: (a) such
provision shall be limited or modified in its application to the minimum extent necessary to avoid the invalidity, illegality or unenforceability of such provision; (b) the validity, legality and
enforceability of the remaining provisions of this Agreement shall not in any way be affected or impaired thereby; and (c) to the fullest extent possible, the provisions of this Agreement shall be
construed so as to give effect to the intent manifested by the provision (or portion thereof) held invalid, illegal or unenforceable. If Indemnitee is entitled under any provision of this Agreement to
indemnification by the Company for some or a portion of any Expenses or Liabilities of any type whatsoever incurred by him or her in the investigation, defense, settlement or appeal of a Proceeding
but not entitled to all of the total amount thereof, the Company shall nevertheless indemnify Indemnitee for such total amount except as to the portion thereof for which it has been determined
pursuant to Section 6 hereof that Indemnitee is not entitled. 

        15.2    Identical Counterparts.    This Agreement may be executed in
one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed by
the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. 

        15.3    Interpretation of Agreement.    It is understood that the
parties hereto intend this Agreement to be interpreted and enforced so as to provide indemnification to Indemnitee to the fullest extent not now or hereafter prohibited by law. 

        15.4    Headings.    The headings of the Sections and paragraphs of
this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction thereof. 

        15.5    Modification and Waiver.    No supplement, modification or
amendment of this Agreement shall be binding unless executed in writing by both of the parties to this Agreement. No waiver of any provision of this Agreement shall be deemed to constitute a waiver of
any of the provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. No waiver of any provision of this Agreement shall be effective unless executed in writing. 

        15.6    Notices.    All notices and other communications given or made
pursuant to this Agreement shall be in writing and shall be deemed effectively given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed facsimile if
sent during normal business hours of the recipient, and if not so confirmed, then on the next business day, (iii) five (5) days after having been sent by registered or certified mail, return
receipt requested, postage prepaid, or (iv) one (1) business day after deposit with a nationally recognized overnight courier, specifying next day delivery, with written verification of receipt. All
communications shall be sent: 

	(a)
	To Indemnitee at the address set forth below Indemnitee signature hereto:

	(b)
	To the Company at: 

Bridgepoint
Education, Inc.

13500 Evening Creek Dr., Ste. 600

San Diego, CA 92128

Telephone: (858) 513-9240

Facsimile: (858) 513-9239

Attention: Chief Executive Officer 

With
a Copy to: General Counsel 

9

 

or
to such other address as may have been furnished to Indemnitee by the Company or to the Company by Indemnitee, as the case may be. 

        15.7    Governing Law.    The parties agree
that this Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, as applied to contracts between Delaware residents entered into and to be
performed entirely within Delaware. 

        15.8    Consent to Jurisdiction.    The
Company and Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State of Delaware for all purposes in connection with any action or proceeding which arises out of or
relates to this agreement and agree that any action instituted under this agreement shall be brought only in the state courts of the State of Delaware. 

        15.9    Entire Agreement.    This Agreement represents the entire
agreement between the parties hereto, and there are no other agreements, contracts or understanding between the parties hereto with respect to the subject matter of this Agreement, except as provided
in Sections 3 and 9 or otherwise specifically referred to herein. 

        IN
WITNESS WHEREOF, the parties hereto have executed this Indemnification Agreement on the day and year first above written. 

					
	 	 	BRIDGEPOINT EDUCATION, INC.
	

 	
 	
By:	
 	

  Name:

Title:
	

 	
 	
INDEMNITEE
	

 	
 	
By:	
 	

  Name:

Title:

Address:

 

 

  Telephone:

Facsimile:

10

QuickLinks

Exhibit 10.8

BRIDGEPOINT EDUCATION, INC. INDEMNIFICATION AGREEMENT

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