[THIS PRINCIPAL AGREEMENT]

THIS PRINCIPAL AGREEMENT is made on 2012

BETWEEN:

(1)  [AUTHORITY] whose principal premises are [address] (the "Authority");

(2)  THE SECRETARY OF STATE FOR EDUCATION whose registered office is at Sanctuary Buildings, Great Smith Street, London SW1P 3BT ("DFE"); and

(3)  [ACADEMY] (company number []) whose registered office is at [address] ("Academy").