EDUCATION MANAGEMENT Corp Watch

from 10-K 10 pages Waiver to Second Amended and Restated Credit and Guaranty Agreement

from 8-K 405 pages This Amendment Agreement, Dated as of September 5, 2014 (This “Amendment Agreement”), Among EDUCATION MANAGEMENT Corporation, a Pennsylvania Corporation (“Parent”), EDUCATION MANAGEMENT LLC, a Delaware Limited Liability Company (“Company”), EDUCATION MANAGEMENT Holdings LLC, a Delaware Limited Liability Company (“Holdings”), Certain Subsidiaries of Holdings Party Hereto (Together With Parent, Company and Holdings, the “Credit Parties”), the Lenders Party Hereto (The “Consenting Lenders” and Any Other Lenders, the “Non-Consenting Lenders”) and U.S. Bank National Association, as Administrative Agent (In Such Capacity, as Successor to Bnp Paribas, “Administrative Agent”) and as Collateral Agent (In Such Capacity, as Successor to Bnp Paribas, “Collateral Agent” and Together With Administrative Agent, Collectively, “Agents”)

from 10-Q 8 pages Second Amendment to the Letter of Credit Facility Agreement

from 10-Q 7 pages First Amendment to the Letter of Credit Facility Agreement

from 10-Q 5 pages Amendment No. 1, Dated as of January 29, 2013 (This “Amendment”), to the Letter of Credit Facility Agreement, Dated as of November 30, 2011, as Amended, Supplemented, Amended and Restated or Otherwise Modified From Time to Time (The “Facility Agreement”) Among EDUCATION MANAGEMENT LLC, a Delaware Limited Liability Company (“Borrower”), EDUCATION MANAGEMENT Holdings LLC, a Delaware Limited Liability Company (“Holdings”), the Grantor Subsidiaries, Each Lender From Time to Time Party Thereto (Collectively, the “Lenders” And, Individually, a “Lender”) and Bank of America, N.A., as Administrative Agent, Collateral Agent and Issuing Bank. Capitalized Terms Used and Not Otherwise Defined Herein Shall Have the Meanings Assigned to Them in the Facility Agreement. Whereas, Section 10.5 of the Facility Agreement Permits the Facility Agreement to Be Amended From Time to Time; Now, Therefore, in Consideration of the Premises and Covenants Contained Herein and for Other Good and Valuable Consideration, the Receipt and Sufficiency of Which Are Hereby Acknowledged, the Parties Hereto, Intending to Be Legally Bound Hereby, Agree as Follows: Section 1. Amendment. as of the Amendment No. 1 Effective Date (As Defined Below), the Facility Agreement Shall Be Amended as Follows: (A)the Fifth Paragraph Under “Recitals” Shall Be Replaced in Its Entirety With the Following

from 8-K 92 pages Letter of Credit Facility Agreement Dated as of March 9, 2012 Among EDUCATION MANAGEMENT LLC, EDUCATION MANAGEMENT Holdings LLC, the Grantor Subsidiaries Party Hereto, Various Lenders, and Bnp Paribas, as Administrative Agent, Collateral Agent and Issuing Bank $50,000,000 Letter of Credit Facility Bnp Paribas, as Sole Arranger and Bookrunner

from 8-K 78 pages Letter of Credit Facility Agreement Dated as of November 30, 2011 Among EDUCATION MANAGEMENT LLC, EDUCATION MANAGEMENT Holdings LLC, the Grantor Subsidiaries Party Hereto, Various Lenders, and Bank of America, N.A., as Administrative Agent, Collateral Agent and Issuing Bank $150,000,000 Letter of Credit Facility Merrill Lynch, Pierce, Fenner & Smith Incorporated, as Sole Arranger and Bookrunner

from 10-Q 18 pages First Amendment to Second Amended and Restated Credit Agreement

from 10-K ~5 pages Forth Amendment to Credit Agreement

from 10-K ~5 pages Third Amendment to Credit Ageement

from 8-K >50 pages Second Amended and Restated Credit Agreement

from 10-Q 5 pages Waiver and Third Amendment to Amended and Restated Credit Agreement

from 10-K 12 pages Second Amendment to Amended and Restated Credit Agreement

from 10-K 13 pages First Amendment to Amended and Restated Credit Agreement

from 10-Q ~5 pages First Amendment to Credit Agreement

from 10-Q >50 pages Credit Agreement

from 10-K ~5 pages Amended and Restated Credit Agreement