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

On March 3, 2009 Universal Technical Institute, Inc. entered into an Employment Agreement (the "Employment Agreement") for the continued employment of Roger L. Speer, Senior Vice President, Custom Training Group and Support Services, from March 21, 2009 until June 30, 2010. The Employment Agreement supersedes all previous agreements between the Company and Mr. Speer. Pursuant to the Employment Agreement, Mr. Speer will provide support and advice to the Company's leadership on issues relating to campus operations and the custom training group. Mr. Speer's compensation for the period March 21, 2009 to June 30, 2010 will be $233,325. If the Company's Board approves a bonus as payable to all then current employees for fiscal 2009, Mr. Speer will be entitled to an annual bonus for fiscal year 2009 pro-rated through February 28, 2009.

The Employment Agreement provides for six (6) months of COBRA health care benefits after June 30, 2010 to be paid by the Company and twelve (12) months of outplacement services. The foregoing description of the Employment Agreement between the Company and Mr. Speer is qualified in its entirety by reference to the Employment Agreement, a copy of which is filed herewith as Exhibit 10.1 and incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit Number Description of Exhibit

10.1 Employment Agreement with Roger L. Speer.

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