SEC Contract Filing

Filing Date: 2019-02-27

Document Content:
<DOCUMENT>
<TYPE>EX-10.11
<SEQUENCE>2
<FILENAME>ex1011201810k.htm
<DESCRIPTION>EXHIBIT 10.11
<TEXT>
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<div><a name="sc99f516144c44b62ad5335f46840783b"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit 10.11</font></div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">CONSULTING AGREEMENT</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:11pt;">This CONSULTING AGREEMENT (&#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;text-decoration:underline;">Agreement</font><font style="font-family:inherit;font-size:11pt;">&#8221;) is entered into as of December 21, 2018, by and between Bright Horizons Family Solutions LLC (the &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;text-decoration:underline;">Company</font><font style="font-family:inherit;font-size:11pt;">&#8221; or &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;text-decoration:underline;">Bright Horizons</font><font style="font-family:inherit;font-size:11pt;">&#8221;), and Mandy Berman (&#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;text-decoration:underline;">Consultant</font><font style="font-family:inherit;font-size:11pt;">&#8221;) with an effective date as of February 28, 2019 (the &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;text-decoration:underline;">Effective Date</font><font style="font-family:inherit;font-size:11pt;">&#8221;). The Company and Consultant are each referred to herein individually as a &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;text-decoration:underline;">Party</font><font style="font-family:inherit;font-size:11pt;">&#8221; and together as the &#8220;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;text-decoration:underline;">Parties</font><font style="font-family:inherit;font-size:11pt;">.&#8221;</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">WHEREAS</font><font style="font-family:inherit;font-size:11pt;">, the Consultant has provided notice of her intent to step down as an officer of the Company effective end of business on February 28, 2019.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">WHEREAS</font><font style="font-family:inherit;font-size:11pt;">, in connection with the Consultant&#8217;s departure from the Company and as a result of her unique knowledge and expertise, the Company desires to retain Consultant to provide, on an independent contractor basis, certain advisory, transitional and consulting services as reasonably requested by the Company, and Consultant desires to perform such services, on an independent contractor basis, for the Company, pursuant to the terms and conditions hereinafter set forth in this Agreement.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">NOW, THEREFORE</font><font style="font-family:inherit;font-size:11pt;">, in consideration of the mutual covenants and conditions herein contained, and other good and valuable consideration, the adequacy of which is hereby acknowledged, the Parties agree as follows:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:29px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:5px;"><font style="font-family:inherit;font-size:11pt;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;text-decoration:underline;">Consultant&#8217;s Services</font><font style="font-family:inherit;font-size:11pt;">. The Company hereby retains Consultant as of the Effective Date, and Consultant hereby agrees to use her best efforts to diligently perform for the Company, certain services, roles, tasks, responsibilities and duties as reasonably requested by the Company from time to time and commensurate with the consultin