EX-10.27 5 aspu_ex1027.htm SALARY RATE aspu_ex1027.htm
EXHIBIT 10.27
 
Aspen University Inc.
720 South Colorado Blvd., Suite 1150N
Denver, CO 80246
Aspen Group, Inc.
224 W. 30th Street, Suite 604
New York, NY 10001


August 31, 2012


VIA EMAIL [                              ]
[Attention]
[Address]
[City, State Zip]

Re:           Salary Amendment

Dear [Officer]:

This letter agreement amends the Employment Agreement dated _________ by and between Aspen University Inc. (the "Company") and yourself, as amended, and documents your agreement as of August 31, 2012 to end the deferral of your salary and to reduce your salary to a rate of $100,000 per year for the remainder of fiscal year 2012.

If the foregoing is acceptable to you, please sign in the place indicated below and return an executed copy to us.
 
   
  Sincerely,



___________________________
[Name and Title] of
Aspen University Inc. and Aspen Group, Inc.
 
 
AGREED AND ACCEPTED:



___________________________
[Officer]