CORINTHIAN COLLEGES INC
EX-10.1
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<P align="center" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>AMENDMENT 2005-1</B></FONT>



<P align="center" style="font-size: 12pt"><B>CORINTHIAN COLLEGES, INC. 2004 NEW-HIRE AWARD PLAN</B>



<P align="left" style="font-size: 12pt; text-indent: 4%"><B>WHEREAS</B>, Corinthian Colleges, Inc., a Delaware corporation (the &#147;Company&#148;), maintains the
Corinthian Colleges, Inc. 2004 New-Hire Award Plan (the &#147;Plan&#148;);



<P align="left" style="margin-left:4%; font-size: 12pt"><B>WHEREAS</B>, the Company has the right to amend the Plan; and


<P align="left" style="font-size: 12pt; text-indent: 4%"><B>WHEREAS</B>, the Company desires to amend the Plan to decrease the number of shares of its common
stock, par value $0.0001 per share (the &#147;Common Stock&#148;), that is currently available for award
purposes under the Plan so that the aggregate shares available under the Plan equals 265,000 shares
of Common Stock.


<P align="left" style="font-size: 12pt; text-indent: 4%"><B>NOW, THEREFORE, BE IT RESOLVED</B>, that Section&nbsp;1.4.2 of the Plan be, and it hereby is, amended
and restated to read in its entirety as follows effective as of the date hereof:



<P align="left" style="margin-left:4%; font-size: 12pt; text-indent: 4%">&#147;1.4.2 <U>Share Limits</U>. The maximum number of shares of Common Stock that may be
delivered pursuant to Awards granted to Eligible Employees under this Plan (the &#147;<B>Share
Limit</B>&#148;) is equal to 265,000 shares. The Share Limit is subject to adjustment as
contemplated by Section&nbsp;1.4.3 and Section&nbsp;6.3.&#148;


<P align="left" style="font-size: 12pt; text-indent: 4%"><B>IN WITNESS WHEREOF</B>, the Company has caused its duly authorized officer to execute this
Amendment 2005-1 on this 26<sup>th</sup> day of January, 2005.



<P align="left" style="margin-left:19%; font-size: 12pt"><B>CORINTHIAN COLLEGES, INC.</B>



<P align="left" style="margin-left:19%; font-size: 12pt">By: <U><I>/s/ Stan A. Mortensen</I></U>


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    <TD width="19%" style="background: transparent">&nbsp;</TD>
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    <TD>Print Name:<U> Stan A. Mortensen</U><BR>
Title:<U> Senior Vice President and General Counsel</U></TD>
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