"Zenith immediately will teach out Corinthian's existing criminaljustice associate
degree program and will enroll no future students in such programs.
Furthermore, Zenith!schools whose!business, criminal!justice certificate, and
legal assistant/paralegal!programs have their most recent reliable placement
rates below 66% (with reliability determined by the Department) will cap new
enrollment in such programs to promote placement rate improvement."
"The Governmental Parties are not releasing and will not release Corinthian
from any civil, criminal or regulatory claims and reserve the right to
continue or bring any such claims, including the right to bring legal and
regulatory claims against the Everest Plus Schools for the purpose of
establishing liabilities or damages or Corinthian or other enforcement
actions arising!from Corinthian’s!operation of those schools, but not for the
purpose of holding Zenith or the Everest Plus Schools responsible for any
such liabilities or damages.
Reservation of
Rights
Nothing in this Term Sheet limits the action or authority of the
Governmental Parties to investigate or enforce violations of anylaws or
regulations by Zenith that occur after Closing on the purchase of the
Everest Plus Schools.