8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 29, 2007

LAUREATE EDUCATION, INC.

(Exact name of registrant as specified in its charter)

Maryland	0-22844	52-1492296
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)
1001 Fleet Street, Baltimore, Maryland		21202
(Address of principal executive offices)		(ZIP Code)

Registrant’s telephone number, including area code: (410) 843-6100

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02.     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 28, 2007, the Board of Directors of Laureate Education, Inc. (the “Company”) voted unanimously to extend until July 15, 2007 the term of employment of Mr. Douglas L. Becker, the Company’s Chairman and Chief Executive Officer.  Under the terms of Mr. Becker’s employment agreement dated June 30, 2004 (the “Original Agreement”), Mr. Becker’s employment with the Company was to have terminated on June 30, 2007.

Pursuant to Amendment No. 1 to the Original Agreement (the “Amendment”), effective as of June 29, 2007, Mr. Becker’s Employment Period (as that term is defined in the Original Agreement) was extended until July 15, 2007.  All other terms and conditions of the Original Agreement were unaffected by the Amendment and remain in full force and effect.

A copy of the Amendment is attached to this Current Report on Form 8-K as Exhibit 10.01 and incorporated herein by reference.

Section 9 - Financial Statements and Exhibits

Item 9.01        Financial Statements and Exhibits.

(d) Exhibits

10.1Amendment No. 1 to Employment Agreement by and between the Company and Douglas L. Becker, dated as of June 29, 2007.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LAUREATE EDUCATION, INC.
	By:	/s/ Robert W. Zentz
	Name:	Robert W. Zentz
	Title:	Senior Vice President, Secretary and General Counsel
Date: July 3, 2007

Exhibit Index

Exhibit	Description
10.1	Amendment No. 1 to Employment Agreement by and between the Company and Douglas L. Becker, dated as of June 29, 2007.

EX-10.1

Exhibit 10.1

AMENDMENT NO. 1 dated as of June 29, 2007 (this “Amendment”), to the Employment Agreement dated as of June 30, 2004 (the “Original Agreement”), by and between LAUREATE EDUCATION, INC., a Maryland corporation (the “Company”) and Douglas L. Becker (the “Executive”).

WHEREAS, the Employment Period, as defined in the Original Agreement, will terminate on June 30, 2007, and the Company and the Executive desire to amend the Original Agreement in order to extend the Employment Period.

NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto hereby agree as follows:

Section 1.   Defined Terms.  Capitalized terms used but not otherwise defined herein have the meanings assigned to them in the Original Agreement.

Section 2.   Amendment to the Original Agreement.  Effective as of the date first above written, Section 3 of the Original Agreement is hereby deleted in its entirety and amended to read as follows:

“3.  Term of Employment .   The Executive’s employment hereunder shall continue until July 15, 2007, unless such employment is terminated earlier in accordance with the provisions of this Agreement (the “Employment Period”).

Section 3.   No Other Amendments; Confirmation.  Except as expressly set forth herein, this Amendment shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Original Agreement, all of which are ratified and affirmed in all respects and shall continue in full force and effect.

Section 4.   Headings.  The Section headings used herein are for convenience of reference only, are not part of this Amendment and shall not affect the construction of, or be taken into consideration in interpreting, this Amendment.

Section 5.   APPLICABLE LAW.  THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF MARYLAND.

Section 6.   Counterparts.  This Amendment may be executed in counterparts, each of which shall constitute an original but all of which, when taken together, shall constitute a single agreement.  Delivery of an executed counterpart of a signature page of this Amendment by telecopy or other electronic transmission shall be effective as delivery of a manually executed counterpart hereof.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be duly executed as of the date first written above.

LAUREATE EDUCATION, INC.,
by:
	/s/ Robert W. Zentz
	Name: Robert W. Zentz Title: Senior Vice President, Secretary and General Counsel
DOUGLAS L. BECKER
/s/ Douglas L. Becker