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Exhibit 10.11
Date: July 14, 2000
To: Board of Directors of eSylvan
From: Lee McGee
Executive Vice President & CFO, Sylvan Learning Systems, Inc.
Executive Vice President, Sylvan Ventures
Re: Funding of eSylvan
Sylvan Ventures and/or Sylvan Learning Systems, Inc. is committed to funding the
cash requirements of eSylvan at least through September 30, 2001. It is possible
that a private equity funding will be initiated during this period. However,
this will not be relied on to ensure the funding needed prior to September 30,
2001.