SUPPLEMENT AGREEMENT TO MANAGEMENT SERVICE AGREEMENT BETWEEN CANADIAN LEARNING SYSTEMS CORPORAITON AND SINO-CANADA HIGH SCHOOL
EXHIBIT
10.2
TO
MANAGEMENT
SERVICE AGREEMENT BETWEEN CANADIAN LEARNING SYSTEMS CORPORAITON AND SINO-CANADA
HIGH SCHOOL
This
Supplement Agreement is to the Management Service Agreement entered into by and
between Canadian Learning Systems Corporation (“CLSC”) and Sino-Canada High
School (“SCHS”) on January 1, 2008. This Supplement Agreement is entered into on
October 1, 2008.
The
Management fee that SCHS pays to CLSC for the period from October 1 to December
31 2008 is renewed and revised as follows:-
(1)
Management fee (A) is calculated based on total number of students on campus at
the end of service period at unit price of Rmb1,000 per student per month for
the period from October 1 to December 31, 2008;
(2)
Management fee (B) for other services provided by CLSC as described in the
Clause 1.1 of the Management Service Agreement entered into January 1, 2008 is
calculated based on an annual fixed amount of Rmb360,000 amortized over 12 month
period plus a floating amount calculated at unit price of Rmb50 per student per
month for the period from October 1 to December 31, 2008.
IN WITNESS whereof this
Agreement has been duly executed by all parties hereto the day and year first
above written.
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SIGNED
by
for
and on behalf of Canadian Learning Systems Corporation:
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SEALED
WITH THE COMMON SEAL
of
Sino-Canada High School:
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