Common use of ADR Amendments Clause in Contracts

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten (10) fully paid ordinary shares)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten twenty (1020) fully paid Class A ordinary shares)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten (10) fully paid Class A ordinary shares)”.

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten five (105) fully paid Class A ordinary shares)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten five hundred (10500) fully paid Class A ordinary shares)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten twenty (1020) fully paid ordinary shares)”.

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten three (103) fully paid Class A ordinary shares)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten (10) fully paid ordinary shares)”:

ADR Amendments. (a) The phrase in the top, right-hand corner of the first page of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten twenty-five (1025) fully paid ordinary shares, nominal value £0.04 per share)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten twenty (1020) fully paid Class A ordinary sharesshares of Ambow Education Holding Ltd.)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each one (1) American Depositary Share representing the right to receive ten seventy-two (1072) fully paid Class A ordinary shares)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten fifteen (1015) fully paid ordinary shares)”

ADR Amendments. (a) The phrase in the top, right-hand corner of the first page of the Form of ADR attached as Exhibit A to the Deposit Agreement and in each of the ADRs issued and outstanding under the terms of the Deposit Agreement is hereby amended as of the Effective Date by deleting such phrase in its entirety and inserting the following in its stead: “American Depositary Shares (each American Depositary Share representing the right to receive ten (10) fully paid Class A ordinary shares)”