0001047469-17-005804 Sample Contracts

DEPOSIT AGREEMENT by and among RYB EDUCATION, INC. and CITIBANK, N.A., as Depositary, and THE HOLDERS AND BENEFICIAL OWNERS OF AMERICAN DEPOSITARY SHARES ISSUED HEREUNDER Dated as of [date], 2017
Deposit Agreement • September 13th, 2017 • RYB Education, Inc. • Services-educational services • New York

DEPOSIT AGREEMENT, dated as of , 2017, by and among (i) RYB EDUCATION, INC., an exempted company with limited liability organized under the laws of the Cayman Islands, and its successors (the “Company”), (ii) CITIBANK, N.A., a national banking association organized under the laws of the United States of America (“Citibank”) acting in its capacity as depositary, and any successor depositary hereunder (Citibank in such capacity, the “Depositary”), and (iii) all Holders and Beneficial Owners of American Depositary Shares issued hereunder (all such capitalized terms as hereinafter defined).

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REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • September 13th, 2017 • RYB Education, Inc. • Services-educational services • New York

This Registration Rights Agreement (this “Agreement”) is made and entered into as of 13 September 2017 among RYB Education, Inc., a limited company incorporated in the Cayman Islands (the “Company”) and Ascendent Rainbow (Cayman) Limited (the “Investor”).

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