EMBRY-RIDDLE AERONAUTICAL UNIVERSITY

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1 EMBRY-RIDDLE AERONAUTICAL UNIVERSITY AGREEMENT AMENDMENT 002 BETWEEN The SCHOOL BOARD OF PALM BEACH COUNTY And EMBRY-RIDDLE AERONAUTICAL UNIVERSITY REGARDING The THE PALM BEACH COUNTY AEROSPACE INSTITUTE EFFECTIVE DATE FOR AMENDMENT 002: 07/16/2009 END DATE OF ORIGINAL CONTRACT: JUNE 30,2010 Amendment 002 PBCSD AI Page 1 of5 5/6/2009

2 TABLE OF CONTENTS 1. 3 Interpretation 2. Objectives Term 4. Payment 4 AGREEMENT AMENDMENT 002 This is an Amendment of the original Agreement dated July 1, The Amendment 002 will be entered into on the 16th day of July 2009 (the Effective ) by and between the School Board of Palm Beach County, a school district within the State of Florida (hereinafter referred to as the DISTRICT), and Embry-Riddle Aeronautical University, a not-for-profit organization in the State of Florida (hereinafter referred to as ERAU). Each referred to as a Party and in common as the Parties. WHEREAS the Palm Beach County School District (DISTRICT) is a school district within the State of Florida; WHEREAS ERAU is an established university specializing in teaching the science, practice and business of the world of aviation and aerospace; WHEREAS The Parties have entered into a contract, hereinafter referred to as the primary contract, to activate a program within the DISTRICT where ERAU will teach ERAU courses with ERAU faculty at schools or locations of DISTRICT's choosing, a program known as the Boynton Aerospace Science Academy (BASA). Amendment 002 PBCSD AI Page 2 of5 5/6/2009

3 NOW THEREFORE the Parties agree as follows: 1. INTERPRETATION 1.1. The Parties agree that this contract is an addendum to the primary contract (Amendment 002) The Parties agree that the purpose of this addendum is to provide for the teaching of courses for Academic Year Parties agree that this addendum does not modify any provision, procedure, or responsibility contained in the primary contract, unless specifically described in the addendum. 2. OBJECTIVES 2.1 The objective of this contract is to allow ERAU to deliver the following course sections at BASA during the Academic Year 2010 (AY 10). FALL 2009 Course xxxx AMS 112 AS-120 AS-357 SP-110 Title Sections Aerospace I 2 Aviation Maintenance Science 2 Intro to Aeronautics 2 Aviation Physiology 1 Intro to Space Flight 2 SPRING 2010 Course xxxx AMS3/4 AS-120 AS-254 SP-IIO Title Sections Aerospace II 2 Aviation Maintenance Science 2 Intro to Aeronautics 2 Aviation Legislation 1 Intro to Space Flight 2 Total Sections Based on the administrative responsibilities of this expanding program, the teaching load of the AI Director will be 3 course sections in the fall semester and 3 course sections in the spring semester. The Director will remain a full-time employee through the DISTRICT AY 10 calendar for teachers. 2.3 It is anticipated that there will be a need for 12 adjunct professor-taught sections. Amendment 002 PBCSD AI Page 3 of5 5/6/2009

4 3. TERM 3.1. This addendum (Amendment 002) will be in effect for the Effective and shall continue through to the beginning of classes for the affected schools in August Original Agreement; which provides for the establishment of the BASA; remains in effect until the end date ofjune 30, 2010, unless Termination proceedings under Article 8.1 and 8.2 of the Original contract are exercised. 4. PAYMENT 4.1 In accordance with the primary contract, DISTRICT will reimburse ERAU this year on a fixed-fee basis, based on the number of courses delivered, the Director's salary, and ERAU's normal schedule of benefits (direct) and cost-of-business (indirect) costs. Budget for AY 10 is at Attachment The payment schedule for the term of this amendment will be as follows: August 1, 2009 January 1,2009 May 1,2009 $ 81,199 $ 71,049 $ 50,750 40% 35% 25% Total $ 202, % 4.3 Payment should be made out to Embry-Riddle Aeronautical University and sent to: Embry-Riddle Aeronautical University University Accounting - Dawn Baldock 600 S. Clyde Morris Blvd Daytona Beach, F REMAINDER OF PAGE LEFT INTENTIONALLY BLANK Amendment 002 PBCSD AI Page 4 of5 5/6/2009

5 IN WITNESS WHEREOF, the Agreement has been duly executed by the duly authorized representatives of the Parties on the date above written. IN WITNESS WHEREOF, the Agreement has been duly executed by the duly authorized representatives of the Parties on the date above written. For the School Board of Palm Beach County S-ll-Cf/ Officer 5/1ft;/o9 By: ~~ ~ ~ _ William S. Graham Chairman By: ~ Arthur C. Johnson, Ph.D. Superintendent For Embry-Riddle Aeronautical University _ Reviewed and Approved asto Le a iciency },t./"., By: Eric B. Weekes Vice President, CFO _ ERAU Contact for Contractual Issues: Jane Grelecki, Senior Contracts Analyst Office of Sponsored Programs grele77d@erau.edu Attachments: Budget Justification for the Amendment 002 Amendment 002 PBCSD AI Page 5 of5 5/6/2009

6 Detailed Financials AY2010 Totals SALARIES AND WAGES Salary One - Director Salary $ 58, Level of Effort 100% Salary Subtotal $ 58, Benefits (37.25%) $ 21, Director Total $ 79, $ 79, Adjunct Salaries Salary $ 5, Sections 12 Salary Subtotal $ 63, Benefits (8.55%) $ 5, Adjunct Total $ 68, $ 68, Course Monitors Salary $ Sections 18 Salary Subtotal $ 1, Benefits (8.55%) $ Course Monitor Total $ 1, $ 1, Total Salaries and Wages $ 149, $ 149, GENERAL EXPENSES General Supplies Executive Support $ 16, Program Support Instructional supplies $ 3, Total General Supplies $ 20, $ 20, Total General Expenses $ 20, $ (20, ) SUBTOTAL $ 170, $ 170, INDIRECT COSTS (19.4%) $ 32, $ 32, TOTAL FIRM FIXED PRICE $ 202, $ 202, I

Student Representative Board Bylaws

Student Representative Board Bylaws Embry-Riddle Aeronautical University Daytona Beach Florida Student Government Association These SRB Bylaws were last amended and ratified effective 28 August 2012. 1