The First Amendment to Acquisition Agreement for the Branch of Henan Province Suixian Hui High School
Exhibit 2.2.2
The First Amendment to Acquisition Agreement for the Branch of
Henan Province Suixian Hui High School
This Amendment is made on November 27, 2009, by and among Beijing Xxxxx Education Investment and Management Co., Ltd (the “Company”) and Henan Province Suixian Hui High School, for the purpose of specification of the payment term under the Acquisition Agreement for the Branch of Henan Province Suixian Hui High School on January 4, 2008 ( the “Original Agreement”).
It is agreed as follows:
| 1. | The Parties clarify that the Company acquire the Branch of Henan Province Suixian Hui High School in the amount of RMB 36,758,200 ( the “Consideration”). The Parties hereby agree that the Company shall pay the Consideration with interest-free in three installments as the following schedule: the first of which, for 30% of the aggregate amount, is payable early October 2010, between October 1st and October 10th, 2010; the second of which, for 30% of the aggregate amount, is payable early December 2010, between December 1st and December 10th 2010; and the third of which, for 40% of the aggregate amount, is payable early June 2012, between June 1st and June 10th, 2012. |
| 2. | Whereas conflicts occur between this Amendment and the Original Agreements, this Amendment shall prevail. |
| 3. | Except the above amendments, the other terms of Original Agreements keep unchanged. |
Signature:
Henan Province Suixian Hui High School (Chop)
Beijing Xxxxx Education Investment and Management Co, Ltd (Chop)
Witness: Suixian People’s Government (Chop)
