Document:

EX-10.14

 Exhibit 10.14 

2nd INSTRUMENT OF AMENDMENT TO COMMERCIAL PROPERTY LEASE AGREEMENT 

By this private instrument, and on the best terms of the law, on the one part, 

LESSOR: (i) QUERCE ADMINISTRAÇÃO DE BENS EIRELLI., a limited liability sole proprietorship enrolled with CNPJ/MF [National
Corporate Taxpayers’ Register of the Ministry of Finance] under No. 17.109.237/0001-08, with its principal place of business in the city of Barueri, State of São Paulo, at Estrada dos Alpes
No. 1201, Room 04, Jardim Belval district, Postal Code 06.423-080, herein represented pursuant to its articles of association, and (ii) RMS ADMINSTRAÇÂO DE BENS LTDA, a limited liability
sole proprietorship enrolled with CNPJ/MF under No. 17.109.244/0001-00, with its principal place of business in the city of São Paulo, State of São Paulo, at Rua da Consolação,
No. 348, 16th floor, suite 161, Downtown, Postal Code 01302-000, herein represented pursuant to its articles of association, hereinafter jointly
referred to as “LESSOR,” and 
 LESSEE: EDITORA ÁTICA S.A., a joint-stock company enrolled with CNPJ/MF under No. 61.259.958/0001-96, with its principal place of business in the city of São Paulo, State of São Paulo, at Avenida das Nações Unidas, 7.221, 3rd floor, sector A, Pinheiros district, Postal Code 05425-902, herein represented pursuant to its bylaws and minutes, hereinafter referred to as
“LESSEE,” and 
 SURETY: SOMOS EDUCAÇÃO S.A., a publicly-held joint-stock company enrolled with
CNPJ/MF under No. 02.541.982/0001-54, with its principal place of business in the city of São Paulo, State of São Paulo, at Avenida Nações Unidas, No. 7.221, 1st floor, sector B, Pinheiros district, Postal Code 05425-902, herein represented pursuant to its bylaws minutes, hereinafter referred to as
“SURETY,” and 
 WHEREAS, 
 (i) on
September 25, 2015, the Parties entered into the Commercial Property Lease Agreement, as amended on June 23, 2017 (jointly, the “Agreement”), the subject matter of which is the lease of the property located at Rodovia
Presidente Dutra, Km 136, Eugênio de Melo district, Postal Code 12.247-004, in the city of São José dos Campos, State of São Paulo, with a built area of approximately
73,673.50m2, which is described and characterized in real estate registration No. 2.985 of the 2nd Real Estate Registry of São José dos Campos, State of São Paulo
(the “Property”); 
 (ii) the LESSORS agreed to grant a discount on the contractual amount of the rent; 

The PARTIES DO HEREBY AGREE to enter into this Second Instrument of Amendment to Commercial Property Lease
Agreement (the “2nd Amendment”), which shall be governed by the following clauses and conditions: 

1. RENTS 
 Discounts for the accrual periods March 2019
to September 2019 
 1.1. The LESSOR agrees to grant a monthly discount (unconditional and irrevocable, except if the rent is paid after the due
date, when the discount shall not be granted) in the percentage of 10.0496% on the contractual amount of the rent then in effect (which, for reference purposes, corresponds to the amount of R$993,839.94 as of the base date October 2018) during the
accrual periods March 2019 to September 2019, thus totaling the amount of R$893,963.00 (stressing that this is valid for the accrual periods March 2019 to September 2019). 

Discounts for the accrual periods October 2019 to December 2019 

1.2. Regarding the accrual period October 2019 (which is the base date of the annual adjustment, pursuant to Section 3.1 of the Agreement), the
contractual rent then in effect (in the amount of R$993,839.94) shall be adjusted by the accumulated IGP-M/FGV index for the previous twelve (12) months and, on this result (therefore, the already
adjusted rent amount), a discount (unconditional and irrevocable, except if the rent is paid after the due date, when the discount shall not be granted) shall be granted in the percentage of 10.0496% during the accrual periods October 2019 to
December 2019. 

 1.3. Accordingly, the discounts referred to herein shall cease to be granted as from the accrual
month January 2020, and, from then on, the LESSEE shall pay the full amount of the rent and the established contractual adjustments (Section 3.1 of the Agreement). 

1.4. Finally, the LESSOR declares, without reservation or qualifications, that the discounts provided for herein have in fact been granted since
the accrual month March 2019, which the LESSOR expressly agrees, accepts, ratifies and gives release. 
 2. FINAL PROVISIONS 

2.1. The other clauses of the original lease agreement that was entered into between the parties on September 25, 2015, and that do not conflict
with this amendment, in which case the latter shall prevail, shall remain unchanged, particularly, among others, the rents and their relevant due dates, periodical adjustments, fines, lease charges, obligations linked to conservation and maintenance
of the property, and those relating to its design, firefighting equipment, insurance, assignment and sublease. 
 2.2. This instrument of amendment is
binding upon the Parties, their heirs and legal successors on any account and at any time. 
 3. JURISDICTION 

3.1. The Courts of the Judicial District of São Paulo, State of São Paulo, are hereby elected to resolve any disputes between the parties
arising out of this agreement, and the parties waive any other court, however special and privileged it may be. 
 In witness whereof, the Parties execute
this instrument in four (4) copies with the same content and form, jointly with two witnesses, for all due purposes. 
 São
Paulo, July 29, 2019 
 (sgd) 
 LESSOR:
QUERCE ADMINISTRAÇÃO DE BENS EIRELI 
 Mr. Peter Salvetti 

(sgd) 
 LESSOR: RMS
ADMINISTRAÇÃO DE BENS EIRELI 
 Ms. Rosa Maria Salvetti 

 

			
	(sgd)	  	(sgd)

 LESSEE: EDITORA ÁTICA S.A. 
  

			
	Mr. Alberto Rosenthal Grosman	  	Mr. Fábio Sampaio de Lacerda
		
	(sgd)	  	(sgd)

 SURETY: SOMOS EDUCAÇÃO S.A. 
  

			
	Mr. Alberto Rosenthal Grosman	  	Mr. Fábio Sampaio de Lacerda
		
	(sgd)	  	(sgd)
		
	Danielli Gimenes Lima Silva	  	Eliana Nakamura
		
	CPF [Individual Tax ID]: [****]	  	CPF [Individual Tax ID]: [****]
		
	RG: [****]	  	RG: [****]EX-10.15

 Exhibit 10.15 

FIRST AMENDMENT TO THE COST SHARING AGREEMENT 

By this private instrument, the parties below: 

Cogna Educação S.A., a company with its principal place of business in the City of Belo Horizonte, State of Minas Gerais,
at Rua Santa Madalena Sofia, No. 25, 4th floor, Suite 01, Vila Paris District, Postal Code 30380-650, enrolled with the National Corporate Taxpayer Register (CNPJ/ME) under
No. 02.800.026/0001-40, with its articles of incorporation filed with the Commercial Registry of the State of Minas Gerais (“JUCEMG”), under company registration (NIRE)
No. 31300025187, herein represented in accordance with its bylaws (“Cogna”); 
 Editora e Distribuidora Educacional
S.A, a company with its principal place of business in the City of Belo Horizonte, State of Minas Gerais, at Rua Santa Madalena Sofia, No. 25, 3rd floor, Vila Paris District, Postal Code 30380-650,
enrolled with the National Corporate Taxpayer Register (CNPJ/ME) under No. 33.733.648/0001-40, with its articles of incorporation filed with JUCEMG, under NIRE 31300094022 (“EDE”); 

OTHER COMPANIES LISTED IN EXHIBIT I to the Expense Sharing Agreement entered into on January 21, 2020 (as defined below), which is
also attached hereto as Exhibit I, herein represented by Cesar Augusto Silva and Mario Ghio Junior (“Other Companies”); 

And also, 
 Mind Makers Editora
Educacional Ltda., a company with its principal place of business in the City of Belo Horizonte, State of Minas Gerais, at Rua Santa Rita Durão, No. 930, 2nd floor, Savassi, Postal Code
30140-118, enrolled with the CNPJ/ME under No. 24.738.108/0001-44, with its articles of incorporation filed with JUCEMG, under NIRE
3121062799-4, herein represented in accordance with its articles of association (“Mind Makers”); and 

A & R Comércio e Serviços de Informática Ltda., a limited business company with its
principal place of business in the City of Recife, State of Pernambuco, at Rua do Brum, 515, Bairro do Recife, Postal Code 50.030-260, enrolled with the CNPJ/ME under No.
03.105.309/0001-34, with its articles of incorporation filed with the Commercial Registry of the State of Pernambuco (“JUCEPE”) under NIRE
26.2.0115498-8, herein represented in accordance with its articles of association (“A&R”). 

Cogna, EDE, the Other Companies, Mind Makers e A&R are hereinafter jointly referred to as “Parties”, and individually as
“Party”. 
 WHEREAS: 

(i) Cogna, EDE and the Other Companies belonged to the same Economic Group in 2019; 

(ii) Cogna, EDE and the Other Companies executed on January 21, 2020 an Expense Sharing Agreement aimed at optimizing their activities by
sharing structures relating to the Target Activities to meet their common needs (“Agreement”); 
 (iii) the Agreement sets
forth that (a) the Target Activities subject to sharing shall be used by Cogna, EDE and the Other Companies to the extent of their operational needs; (b) Cogna or other parties to the Agreement, still to be determined, shall manage the
performance of the Target Activities, and, therefore, pay the Expenses; and (c) the Expenses arising from the Target Activities shall be shared by the parties to the Agreement under the expense sharing regime so that part of the Expenses paid
by a certain Party shall be reimbursed by the other Parties; and 
 (iv) in January and February 2020, A&R and Mind Makers shall,
respectively, become part of the Economic Group, and, therefore, share structures relating to the Target Activities and pay the Expenses to the extent of their operational needs, and thus appear as Parties to the Agreement. 

The Parties AGREE to execute this First Amendment to the Expense Sharing Agreement (“First Amendment”), which shall be governed by the
terms and conditions set forth below. 
  

	1.	 DEFINITIONS 

  

	1.1.	 Capitalized terms not expressly defined in this First Amendment shall have the meanings ascribed thereto in the
Agreement. 

  

	2.	 AMENDMENT 

  

	2.1.	 The Parties agree that A&R and Mind Makers shall, as of the date hereof, appear as Parties to the
Agreement, and undertake all duties and obligations set forth therein. 

	3.	 RATIFICATION 

  

	3.1.	 The Parties ratify all other terms and conditions of the Agreement not expressly modified by this First
Amendment, which shall remain in full force and effect. 

 IN WITNESS WHEREOF, the Parties execute this Agreement in two
(2) counterparts of equal content and form, in the presence of two (2) undersigned witnesses. 
 May 1, 2020. 

 

					
		  	 	  	
		  	Cogna Educação S.A.	  	
		  	 	  	
		  	Editora e Distribuidora Educacional S.A.	  	
		  	 	  	
		  	The Other Companies	  	
		  	 	  	
		  	A & R Comércio e Serviços de Informática Ltda.	  	
		  	 	  	
		  	Mind Makers Editora Educacional Ltda.	  	

  

									
	Witnesses:	 		 	
	1.	 	 	 		 	2.	 	 
	Name:	 		 	Name:
	ID (RG):	 		 	ID (RG):
	Tax ID (CPF/ME):	 		 	Tax ID (CPF/ME):

  
 2 

 EXHIBIT I 

LIST OF THE OTHER COMPANIES THAT ARE
PARTIES TO THE AGREEMENT AND THE FIRST AMENDMENT 
  

			
	 Tax ID (CNPJ)
	  	 CORPORATE NAME

	33.005.265/0001-31	  	IUNI UNIC EDUCACIONAL LTDA
		
	04.492.733/0001-41	  	UNIAO DE FACULDADES DO AMAPA LTDA
		
	02.959.800/0001-60	  	UNIME—UNIAO METROPOLITANA PARA O DESENVOLVIMENTO DA EDUCACAO E CULTURA LTDA
		
	03.395.289/0001-83	  	IUNI EDUCACIONAL—UNIME SALVADOR LTDA
		
	03.062.543/0001-21	  	CENTRO DE ENSINO ATENAS MARANHENSE LTDA
		
	03.568.170/0001-65	  	UNIAO DE ENSINO UNOPAR LTDA
		
	03.812.746/0001-98	  	UNIC SORRISO LTDA
		
	24.771.792/0001-66	  	UNIAO EDUCACIONAL CANDIDO RONDON—UNIRONDON LTDA
		
	14.793.478/0001-20	  	UNIC EDUCACIONAL LTDA
		
	03.239.470/0001-09	  	PITAGORAS—SISTEMA DE EDUCACAO SUPERIOR SOCIEDADE LTDA
		
	03.818.379/0001-30	  	SABER SERVICOS EDUCACIONAIS LTDA.
		
	05.356.755/0001-47	  	PROJECTA EDUCACIONAL LTDA
		
	05.478.567/0001-91	  	ORME SERVICOS EDUCACIONAIS LTDA
		
	09.177.477/0001-11	  	PAX EDITORA E DISTRIBUIDORA LTDA
		
	04.310.392/0001-46	  	ANHANGUERA EDUCACIONAL PARTICIPACOES S/A
		
	09.544.327/0001-07	  	CLÍNICA MÉDICA ANHANGUERA LTDA
		
	05.792.739/0001-05	  	INSTITUTO EXCELENCIA LTDA
		
	05.808.792/0001-49	  	ANHANGUERA EDUCACIONAL LTDA
		
	03.207.910/0001-38	  	SOCIEDADE PIAUIENSE DE ENSINO SUPERIOR LTDA

  
 3 

			
	17.728.770/0001-58	  	EDUFOR SERVICOS EDUCACIONAIS LTDA
		
	01.224.108/0001-20	  	CLAUDER CIARLINI FILHO S/S
		
	23.963.365/0001-17	  	FATECI CURSOS TECNICOS S/S
		
	32.478.166/0001-04	  	CENTRO EDUCACIONAL LEONARDO DA VINCI S/S LTDA
		
	04.203.652/0001-84	  	DA VINCI SERVICOS EDUCACIONAIS LTDA
		
	05.438.997/0001-80	  	BACABAL MEARIM S. ENSINO LTDA
		
	28.567.073/0001-89	  	SB SISTEMA DE ENSINO LTDA
		
	12.097.654/0001-64	  	SEPA SOCIEDADE ED. DA PARAIBA LTDA
		
	22.129.299/0001-11	  	COLÉGIO LS CIDADE NOVA LTDA.
		
	13.953.256/0001-65	  	COLÉGIO MANAUARA CIDADE NOVA LTDA
		
	29.445.572/0001-66	  	COLÉGIO MANAUARA LATO SENSU LTDA.
		
	12.826.062/0001-36	  	NÚCLEO BRASILEIRO DE ESTUDOS AVANÇADOS LTDA
		
	02.541.982/0001-54	  	SOMOS EDUCAÇÃO S.A.
		
	00.709.873/0001-78	  	ACEL – ADMINISTRAÇÃO DE CURSOS EDUCACIONAIS LTDA.
		
	33.005.265/0001-31	  	SOMOS IDIOMAS S.A.
		
	03.953.723/0001-01	  	COLÉGIO MOTIVO LTDA.
		
	61.259.958/0001-96	  	EDITORA ÁTICA S.A.
		
	44.127.355/0001-11	  	EDITORA SCIPIONE S.A.
		
	80.190.796/0001-21	  	MAXIPRINT EDITORA LTDA.
		
	10.778.464/0001-87	  	NICE PARTICIPAÇÕES S.A.
		
	12.708.358/0001-52	  	SGE COMÉRCIO DE MATERIAL DIDÁTICO LTDA.
		
	40.345.365/0001-72	  	SISTEMA P.H. DE ENSINO LTDA.
		
	49.323.314/0001-14	  	SOMOS SISTEMAS DE ENSINO S.A.

  
 4 

			
	07.593.758/0001-20	  	SOCIEDADE EDUCACIONAL PARANÁ LTDA.
		
	57.024.820/0001-30	  	SOCIEDADE EDUCACIONAL DOZE DE OUTUBRO LTDA.
		
	50.268.838/0001-39	  	SARAIVA EDUCAÇÃO S.A.
		
	09.793.548/0001-00	  	ESCOLA MATER CHRISTI LTDA.
		
	20.000.183/0001-52	  	EDITORA JOAQUIM LTDA.
		
	19.962.104/0001-05	  	EDITORA TODAS AS LETRAS LTDA.
		
	19.962.101/0001-71	  	EDITORA PIGMENTO LTDA.
		
	01.853.472/0001-50	  	ECSA—ESCOLA A CHAVE DO SABER LTDA.
		
	24.081.734/0001-00	  	SARAIVA SOLUÇÕES EDUCACIONAIS S.A.
		
	02.852.848/0001-74	  	COLÉGIO JAÓ LTDA.
		
	26.083.507/0001-40	  	SOMOS OPERAÇÕES ESCOLARES S.A.
		
	27.122.501/0001-05	  	PAPELARIA BRASILIANA LTDA.
		
	14.397.809/0001-03	  	EDUCAÇÃO INOVAÇÃO E TECNOLOGIA S.A.
		
	27.317.542/0001-49	  	SOMOS EDUCAÇÃO INVESTIMENTOS S.A.
		
	19.292.023/0001-45	  	STOODI ENSINO E TREINAMENTO À DISTÂNCIA S.A.
		
	96.318.142/0001-70	  	LIVRARIA LIVRO FÁCIL LTDA.
		
	30.044.407/0001-81	  	COLÉGIO ANGLO SÃO PAULO LTDA.
		
	24.773.186/0001-80	  	SOCIEDADE EDUCACIONAL DE RONDONÓPOLIS LTDA.
		
	05.427.476/0001-27	  	SOCIEDADE RONDONOPOLITANA DE EDUCAÇÃO LTDA.
		
	07.204.769/0001-70	  	COLÉGIO AMBIENTAL LTDA.
		
	08.607.276/0001-44	  	COLÉGIO CIDADE LTDA.
		
	07.117.596/0001-53	  	CURSOS E COLÉGIO COQUEIROS LTDA.
		
	85.288.199/0001-58	  	ESCOLA RIACHO DOCE LTDA.
		
	07.622.613/0001-00	  	COLÉGIO VISÃO LTDA.

  
 5 

			
	62.404.900/0001-51	  	ESCOLA SANTO INÁCIO LTDA.
		
	15.611.569/0001-60	  	COLÉGIO DO SALVADOR LTDA.
		
	12.992.868/0001-02	  	SOCIEDADE EDUCACIONAL NEODNA CUIABÁ LTDA.
		
	24.408.794/0001-95	  	INSTITUTO SOMOS ETB
		
	14.420.692/0001-31	  	COMPLEXO EDUCACIONAL AGORA EU PASSO S/S – PLENARIUM/ AGORA EU PASSO
		
	12.753.752/0001-02	  	CEI – CENTRO DE EDUCAÇÃO INTEGRADA S.A.
		
	04.728.907/0001-22	  	SALMO NOVENTA CENTRO EDUCACIONAL LTDA.
		
	21.364.638/0001-81	  	ESPAÇO INFANTIL PRIMEIROS PASSOS LTDA.
		
	20.023.328/0001-30	  	THUNNUS PARTICIPAÇÕES S.A.
		
	30.656.969/0001-86	  	SOCIEDADE EDUCACIONAL ALPHAVILLE S.A.
		
	27.796.399/0001-15	  	ELIGIS TECNOLOGIA E EDUCAÇÃO LTDA
		
	07.333.953/0001-10	  	CENTRO DE ENSINO SUPERIOR DE MARABÁ LTDA.
		
	11.366.247/0001-42	  	CEPAR—CENTRO DE ENSINO SUPERIOR DE PARAUAPEBAS LTDA.
		
	11.463.220/0001-78	  	CESUPAR—CENTRO DE ENSINO SUPERIOR DE PARAGOMINAS LTDA.

  
 6

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