Document:

EX-10.2

 Exhibit 10.2 

Second Amended and Restated Power of Attorney 

Authorizers: Feng Hailiang, Zhejiang Zhongyida Investment Co., Ltd (each a “shareholder”/ “pledgor,” together, the
“shareholders”/ “pledgors”) 
 Authorized Person: Zhejiang Hailiang Education Consulting and Service Co., Ltd.
(“pledgee”) 
 According to the Second Amended and Restated Consulting Service Agreement and the Second Amended and Restated
Equity Pledge Agreement entered into on February 23, 2018, Mr. Feng Hailiang and Zhejiang Zhongyida Investment Co., Ltd (hereinafter referred to as “Zhongyida Investment”) own 100% of Zhejiang Hailiang Education Investment
Group Co., Ltd (hereinafter referred to as “Hailiang Investment”). The Second Amended and Restated Power of Attorney shall become effective simultaneously with the Second Amended and Restated Consulting Service Agreement and
the Second Amended and Restated Equity Pledge Agreement on an irrevocable basis to confirm the controlling right of Zhejiang Hailiang Education Consulting and Service Co., Ltd (hereinafter referred to as “Hailiang Consulting”). 

 Mr. Feng Hailiang and Zhongyida Investment agree to grant representative appointed by Hailiang Consulting
(hereinafter referred to as “investor representative”) an irrevocable right to exercise the following rights: 
  

	1.	Excise the voting rights of the council and board of directors on behalf of Mr. Feng Hailiang and Zhongyida Investment, acknowledge or confirm with the voting result or resolution of the council or the board of
directors; 

  

	2.	All rights of the shareholders regulated in the articles of associations of Hailiang Investment shall be excised by the investor representative and the results shall be confirmed and admitted thereby; 

 

	3.	Hailiang Consulting shall enjoy all shareholder rights of Hailiang Investment. Mr. Feng Hailiang and Zhongyida Investment agree to grant all dividends or other equity related income obtained from Hailiang
Investment to Hailiang Consulting, unconditionally and without any charge. 

  

	4.	The investor representative is entitled to act as a director of Hailiang Investment and constitute the board of directors to excise the rights of director according to the articles of associations of Hailiang
Investment; 

  

	5.	The representative is authorized to run the business permitted within the scope of the business; 

	6.	The change or replacement of the member of the Board of Directors or Council shall be decided by the direction or the suggestion of Hailiang Consulting; 

 

	7.	Excise other rights authorized to the shareholders by the articles of associations of Hailiang Investment; 

  

	8.	Mr. Feng Hailiang and Zhongyida Investment hereby confirm that all negotiations, agreements, commitments and written agreements, relating to matters stipulated in this Power of Attorney, are replaced with this
Second Amended and Restated Power of Attorney. Upon the date of signing this Second Amended and Restated Power of Attorney, the previous Amendment and Restatement of the Power of Attorney signed on June 30, 2017 shall be
terminated. 

  

			
	Authorizer:	 	 /s/ Feng Hailiang

		 	Feng Hailiang

 Date: 
 Authorizer: Zhejiang
Zhongyida Investment Co., Ltd (Seal) 
 Legal representative/ authorized person: /s/ Aihua
Zhu                 
 Date:EX-10.3

 Exhibit 10.3 

SECOND AMENDED AND RESTATED CONSULTING SERVICE AGREEMENT 

THIS SECOND AMENDED AND RESTATED CONSULTING SERVICE AGREEMENT (“this Agreement”) is entered into on the February 23, 2018, by and between the
following parties: 
 Party A: Zhejiang Hailiang Education Consulting and Service Co., Ltd (hereinafter referred to as Party A) 

Residential Address : Xilin Road, Diankou Town, Zhuji City, Zhejiang 

Legal representative: Wang Ming 
 Party B: Zhejiang Hailiang
Education Investment Group Co.,Ltd (hereinafter referred to as Party B) 
 Residential Address: Hailiang business hotel Room 505, Diankou Town, Zhuji
City, Zhejiang; 
 Legal representative: Wang Ming 
 Party C
(a shareholder of Party B): Feng Hailiang (hereinafter referred to as Party C) 
 Identity Card No.: 3306251960102860116 

Residential Address: No.382, Jiefang Road, Diankou Town, Zhuji City, Zhejiang. 

Party D (a shareholder of Party B): Zhejiang Zhongyida Investment Co., Ltd (hereinafter referred to as Party D) 

Residential Address: The 2nd floor, Building 67, East China Auto Parts and Plumbing City, Diankou Town, Zhuji City, Zhejiang; 

Legal representative: Zhu Aihua 
 WHEREAS: 

1. Party A, Party B, Party C, and other subject of the contract have signed the AMENDMENT AND RESTATEMENT OF THE CONSULTING SERVICE AGREEMENT on June 30,
2017 (the “2017 Agreement”). 
 2. Party A is a wholly foreign owned enterprise duly organized and existing under the laws of the
People’s Republic of China, mainly engaged in consulting and service of education management, development of educational software and electronic products, business consulting; Laboratory lease, and education Logistics management; 

3. Party B is a Limited Liability Company duly organized and existing under the laws of the People’s Republic of China, mainly engaged in educational
investment and other relevant business via its affiliated entities; 
 4. Party C and Party D are the shareholders of Party B, who together, hold 100%
equity interest of Party B. 
 5. Party A, Party B, Party C and Party D intend to amend and restate the 2017 Agreement and enter into this Agreement. 

 And whereas Party A shall provide Party B and Party B’s affiliates (entities invested or controlled
by Party B, including but not limited to the companies, schools or other entities of which Party B directly or indirectly holds more than 50% equities.) educational consulting, technical and logistics support, this contract is hereby made and
entered into as follows by parties hereto after negotiation: 
  

	1.	SERVICE ITEMS 

  

	1.1	Parties hereto agree to cooperate with each other in terms of business operation and management in accordance with terms and conditions agreed herein. The cooperation mode is that Party B, Party C and Party D
irrevocably retain the services of Party A or Party A’s affiliates (the institutions invented or controlled by Party A, including but not limited to the companies or other institutions, of which Party A holds above 50% equity interest directly
or indirectly.) to Party B and its affiliates, including exclusive education consulting, technical and logistics support, etc (Please refer to Annex I for detailed contents). The contents of Annex I are the service scope determined in accordance
with the actual requirement of Party B and its affiliates after negotiation by Party B, Party A and its affiliates. 

  

	1.2	Party A and Party A’s affiliates agree to provide the service items mentioned in Annex I, and provide the services of education consulting, technical and logistics support, etc. in accordance with this Agreement.

  

	1.3	Party B agrees to urge Party B’s affiliates to sign a specific school trust management services agreement or other similar agreements with Party A or Party A’s affiliates. 

 

	1.4	During the term of this Agreement, Party A shall be the exclusive provider of the Services. Party B, party C and party D agree not to directly or indirectly accept any same or similar services from other providers, or
establish any similar business cooperation with other providers, without the prior written approval of Party A. 

  

	1.5	Party C and Party D agree to urge Party B and its affiliates to perform the obligations, guarantees and undertakings hereunder within the term hereof. 

 

	1.6	Party A undertakes that the service items, provided by Party A or Party A’s affiliates, are in accordance with Education Law of the People’s Republic of China and other relevant laws and regulations.

  

	2.	SERVICE FEES 

  

	2.1	In consideration, all the services in Annex I provided by Party A or Party A’s affiliates to Party B and its affiliate pursuant to the terms and conditions hereof, Party B, Party C and Party D agree that, Party B
and its affiliates pay Party A or its affiliates the service fee at a fair price. When calculating the service fee, the following factors shall be considered: (1) the difficulty and the complexity of the service; (2) all human resources,
materials, financial resources and time contributed by Party A to the service; (3) the varieties, the contents and the business value of the service; (4) the market value of other similar service. 

	2.2	Specific mode of fees calculation: Party B agrees that, Party B and its affiliates pay Party A or Party A’s affiliates annually. The specific amount of service fees are calculated based on the gross annual income
of Party B and its affiliates shall be withdrawn by certain proportion (“accruing proportion”). The calculation of accruing proportion shall be decided by Party A independently, while integrating with the factors of 2.1. And Party A may
adjust the accruing proportion according to the actual consulting service provided, thus Party B and its affiliates shall pay the service fees complying with the accruing proportion adjusted or indicated. The ceiling of the service fees is the net
income of Party B and its affiliates after the deduction of the reserved fund for development and other necessary fees. 

  

	2.3	Payment: Party A or its affiliates shall provide Party B and its affiliates respectively with the bill of due accrued expenses, invoice and other detailed information of the service provided. Within 10 workdays after
receiving the bill, Party B and its affiliates shall respectively pay the services fees to the bank account specified by Party A or its affiliates, and fax the transfer voucher or mail the scanning copy to Party A. 

 

	2.4	Party A is entitled with discretionary power to adjust the service fees; this power is only enjoyed by Party A. 

  

	2.5	All parties hereto shall perform the obligations of paying taxes according to current existing and applicable Chinese taxation laws, regulations and normative documents. 

 

	3.	WARRANTIES AND UNDERTAKINGS MADE BY PARTY B, PARTY C AND PARTY D 

  

	3.1	Party B undertakes to Party A that it is an enterprise legal person duly incorporated and validly existing in good standing under PRC laws, has all necessary certificates and approvals for the sake of operation.
Party B’s affiliates are non-enterprise Unit duly incorporated and validly existing in good standing under PRC laws, have all necessary certificates and approvals for the sake of operation, such as
Certificate for Private Non-enterprise Unit, Permit for Running a PRC Private School, Tax Registration Certificate and has not violated any PRC laws and regulations since its establishment.

  

	3.2	Party C and Party D agree to urge Party B to perform the undertakings and guarantees hereunder. 

  

	4.	NON-PERFORMACE OBLIGATIONS OF PARTY B, PARTY C AND PARTY D 

Party B, Party C and Party D hereby confirm and agree that, unless otherwise permitted in written form by Party A in advance, Party B shall not
conduct any transactions which may substantially alter its assets, businesses, employees, rights and obligations and operation mode, including but not limited to the following contents: 

 

	4.1	conducting any businesses beyond the qualifications or business stipulated hereof; 

	4.2	borrowing from any third party or assuming any debts; 

  

	4.3	selling, replacing or disposing any assets or rights in other ways to any third party, including but not limited to any intellectual property right; 

 

	4.4	providing guarantee with its assets or intellectual property right or providing guarantee in other ways to any third party, or setting any encumbrances on Party B’s assets; 

 

	4.5	modifying Party B’s articles of associations or changing Party B’s business scope or principal businesses; 

  

	4.6	assigning rights and obligations hereunder to any third party; 

  

	4.7	transferring equity rights to any third party or changing Party B’s equity structure; 

  

	4.8	liquidating or dissolving Party B; 

  

	4.9	making great adjustments to Party B’s business operation mode, marketing strategy, operation guidelines or orientation of students; 

 

	4.10	distributing dividends to Party C and Party D 

 During the term of this Agreement, Party C and
Party D abandon the right to obtain dividends from Party B. 
  

	5.	INTERESTS AND RIGHTS HEREOF AND OWNERSHIP OF INTELLECTUAL PROPERTY RIGHT 

 As for all the
rights, ownership, interests and intellectual property rights arising out of the performance hereof or entrusted management, including but not limited to copyrights, patents, technical secrets, business secrets, websites, brands (for example
“Hailiang”), brand reputation and other intellectual property rights, whether independently developed by Party A or its affiliates; or developed by Party B and its affiliates on the basis of Party A’s or its affiliates’
intellectual property rights or developed by Party A on the basis of Party B’s intellectual property rights, Party A has an exclusive right of ownership and intellectual property rights and other rights. Party A shall permit licensing right to
Party B and its affiliates to use the afore-said intellectual property rights (including but not limited to software products independently developed by Party A or Party A’s affiliates). 

If the development is made by Party A or its affiliates on the basis of Party B’s or its affiliates’ intellectual property rights,
Party B shall ensure that the said intellectual property rights have no defects. Any losses caused to Party A or its affiliates shall be undertaken by Party B. If Party A or its affiliates undertakes compensation liabilities to any third party
arising therefrom, Party A is entitled to claim compensations against Party B for all its losses after making the said compensations to the third party. Nevertheless, related compensation liabilities shall not influence the payment of service fee
made by Party A stipulated in Article 2.1 hereof. 

	6.	MODIFICATION AND ALTERATION 

  

	6.1	Any modification or change hereto shall be effective upon the execution of written agreements by all parties hereto. Any modification agreement or supplementary agreement hereto duly signed by all parties shall
be an integral part hereto and have the same legal binding force as this contract. 

  

	6.2	Party B, Party C and Party D may increase the number of the affiliates and guarantee and urge the stipulations hereof or the school trust management services agreement, signed by Party A or Party A’s affiliates and
Party B’s affiliates . 

  

	6.3	Party B shall not modify, change or terminate this contract unless duly approved by Party A’s final shareholders in legal form. 

 

	7.	LIABILITY FOR BREACH 

 Either party’s violation of stipulations hereof,
nonperformance of the obligations hereof, or make any incorrect or false instructions or warranties shall be deemed as breach hereto. The default party shall bear the losses therefrom of other parties and undertake the liquidated money if otherwise
agreed to. 
  

	8.	DISPUTE SETTLEMENT 

  

	8.1	Any dispute arising out of interpretation and performance hereof shall be settled through friendly negotiation by parties hereto. If parties hereto fail to settle the said dispute through friendly negotiation, any party
may file the said dispute with China International Economic and Trade Arbitration Commission for arbitration according to valid arbitration rules. Place of arbitration is Shanghai and arbitration language is Chinese. The arbitration award is final
and binding on all Parties hereto. 

  

	8.2	Apart from issues of disputes arising, all parties shall perform their respective obligations according to stipulations hereof on the basis of good faith. 

 

	9.	APPLICABLE LAWS 

 Execution, validity, performance, interpretation and dispute settlement
of this contract, its attached agreements and relevant annexes shall be subject to laws of the People’s Republic of China. 

	10.	CONFIDENTIALITY 

  

	10.1	All parties hereto agree to take every effort and reasonable measures to keep the confidential data and information (hereinafter referred to as “confidential information”, a written notice shall be expressly
made to state the materials and documents as “confidential information”) known by and available to them secret. One party shall not disclose, send or transfer the confidential information to any third party without prior written consent of
the confidential information provider. All parties hereto shall, upon the termination hereof, return any and all the documents, materials or software with confidential information to the original owner or the provider, or destroy them after being
approved by the original owner or the provider, including delete any confidential information from any memorable equipments and the confidential information shall not be used any more. Necessary measures shall be taken by all parties to disclose the
confidential information to the necessary people including the company staff, agency or the professional consultant, who shall be subject to the confidentiality obligations hereunder. All parties and the staff, agency or the professional consultant
thereof shall sign a confidentiality agreement for earnest enforcement. 

  

	10.2	The said restriction is not applicable to: 

  

	10.2.1	Materials having been available to the public prior to the disclosure. 

  

	10.2.2	It is proved by the contract that information which has been obtained prior to the disclosure and not directly obtained from a third party. 

 

	10.2.3	According to the related laws and regulations, a disclosure shall be made to any concerned government authorities, stock administration and exchange institutes, or legal consultants and financial consultants retained by
all parties due to normal business needs. 

  

	10.3	All parties hereto agree that this clause shall remain in force and effect despite the modification, termination or revocation of this contract (if any). 

 

	11.	NOTICE 

 All notice sent for the purpose of performance of each party’s obligations
under this contract shall be made in writing and be sent out by personal delivery, registered letter, pre-paid post, approved express service or image fax to the address of relevant party or parties. 

Party A: Zhejiang Hailiang Education Consulting and Service Co.,Ltd 

Address: Hailiang Mansion, No. 1508, Binsheng Road, Binjiang District, Hangzhou City, Zhejiang 

Fax: 0571-58120100 
 Tel:
0571-58121720 
 Recipient: Huang Shiqi 

 Party B: Zhejiang Hailiang Education Investment Group Co.,Ltd 

Address: Hailiang Mansion, No. 1508, Binsheng Road, Binjiang District, Hangzhou City; 

Fax: 0571-58122010 
 Tel:
0571-58122010 
 Recipient: Zhang Simeng 

Party C: Feng Hailiang 

Address: Hailiang Mansion, No. 1508, Binsheng Road, Binjiang District, Hangzhou City, Zhejiang 

Fax: 0571-58120100 
 Contact:
0571-58121278 
 Party D: Zhejiang Zhongyida Investment Co., Ltd 

Address:
 Fax: 

Contact: 
  

	12.	EFFECTIVENESS AND DURATION 

  

	12.1	This Agreement shall become effective on the aforesaid date it is signed. 

  

	12.2	During the term of this Agreement, this Agreement may not be terminated by Party B, Party C or Party D, or terminated by Party A without any cause. 

 

	12.3	Each party herein confirms that this contract is a fair and reasonable contract mutually and equally made among all the parties. Should any article or stipulation hereof be deemed to be illegal or impossible to be
performed according to any applicable law, such article or stipulation shall be deemed canceled from this contract and ineffective. Nevertheless, the rest of this contract shall remain effective and this contract are deemed not include the foresaid
article from the beginning. Each party shall replace the deemed-being-canceled article with a mutually acceptable, legal and effective article through mutual negotiation. 

	13.	MISCELLANEOUS 

  

	13.1	Any failure to perform any right or power hereunder shall not be deemed as a waiver of the said right or power. Any individually or partly exercising of any right or power shall not exclude the exercising of any other
right or power. 

  

	13.2	Party C and Party D undertake that, not matter what change is made to the equity percentage of Party B held by Party C and Party D, the stipulations hereunder shall have legal binding force on Party C and Party D. And
the stipulations hereunder shall apply to all the equity interests of Party B held by Party C and Party D. 

  

	13.3	The annexes hereto shall be an integral part of this contract and are of the same legal binding force as this contract. 

  

	13.4	The parties hereby confirm that, this Agreement includes total and only agreements between Party A, Party B, Party C and Party D, and replaces all negotiations, agreements, commitments and written agreements, relating
to matters stipulated in this Agreement. Since the date of signing this Agreement, the amendment and restatement of consulting service agreement which signed on June 30, 2017 between the parties shall be terminated 

 

	13.5	This Agreement shall be made in six counterparts with each of Party A, Party B, Party C and Party D holding one copy. 

 Annexes: 

Annex I: CONTENTS OF MANAGEMENT 

CONTENTS OF MANAGEMENT 

1.    Providing the curriculum design and courseware development; 

2.    Maintain and improve the systems of enrollments of students’ 

3.    Providing the teachers training, consultation and teaching staff management consultation; 

4.    Providing the staff training, consultation and company management consultation; 

5.     Providing the lease and maintain service of computers, teaching equipment and servers. 

6.     Providing the office and teaching net maintaining and safe-keeping service 

7.    Providing the market investigations and service of research; 

8.    Providing the middle-and-long-term developing
service of market developing; 
 9.    Providing the business developing and market developing consultation service; 

10.    Providing the internet service for source of the students; 

11.    Providing the developing and researching service of business management knacks; 

12.    Providing service of enterprise management and planning; 

13.    Providing service of technical consulting and technology transfer; 

14.    Providing service of public relationship; 

15.    The arrangement and employment of the person in charge, the capital distribution, the finance management, and property finance
service; 
 16.    Other issues concerned with the business management of Party B and its affiliates. 

 (THIS PAGE IS THE SIGNATURE PAGE FOR STRUCTURE CONTRACT) 

Party A: Zhejiang Hailiang Education Consulting and Service Co., Ltd.(Seal) 

Legal representative: /s/ Ming Wang 
 Date: February 23,
2018 
 Party B: Zhejiang Hailiang Education Investment Group Co., Ltd (Seal) 

Legal representative/ authorized person: /s/ Ming Wang 
 Date:
February 23, 2018 
 Party C (a shareholder of Party B): /s/ Hailiang Feng 

Date: February 23, 2018 
 Party D (a shareholder of Party
B): Zhejiang Zhongyida Investment Co., Ltd (Seal) 
 Legal representative/ authorized person: /s/ Aihua Zhu 

Date: February 23, 2018

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