Document:

Exhibit 10.22

Supplementary Agreement

     This
Supplementary Agreement (the “Agreement”), dated as of August 3, 2012, is
entered into by and between: 

Party A: Beijing Tsingda Century Investment Consultant of Education Co., Ltd.
(the “Company”); 

Party B: Beijing YIYING Angel Education Consulting Co., Ltd. (“YIYING Angel”) ;

Party C: Yitong Chen, President of YIYING Angel. 

     Whereas
the Company, YIYING Angel, and Yitong Chen entered into the Shares Investment
Agreement (the “SIA”) dated August 10, 2011; and 

     Whereas
the Parties wish to supplement certain terms of the SIA with regard to the
matters stated below. 

     Now,
therefore, in consideration of the mutual covenants, understandings and
agreements contained herein, the Parties hereto agree as follows: 

     1.
The parties agree to close down the Qiangwei Huakai Center of YIYING Angel
(namely Shijingshan Center). The redundancy pay and following clearing expense
is about US$80,000. 

     2.
The parties agree to dismiss the consultant team of YIYING Angel and pay them
the last period of annual consultant fee about US$120,000. 

     The
expense mentioned above, around US$200,000 in total, will be covered by the
Company. 

     This
Supplementary Agreement would be effective after being signed by legal representative
or deputy authorized by legal representatives from all concerning sides. This
agreement is in triplet and each party will keep a copy respectively. 

 [Signature Page]

Party A: Tsingda Century Investment Consultant of Education
Co., Ltd 

Signature: 

Name: Hui Zhang 

Title: CEO 

Party B: Beijing Baby Angel Consultant of Education Co., Ltd 

Signature: 

Name: Chen Yitong 

Title: President 

Party C: Chen Yitong, President of YIYING Angel 

Signature: 

Name: Chen Yitong 

Title: President 

Signature
Date: August 3, 2012Exhibit 10.23

	
  

 
	 

 

Cooperation
Agreement

          This
SHARE INVESTMENT AGREEMENT (the “Agreement”), dated as of Nov. 1, 2011, is entered into by and between:

Party A: Tsingda Century Investment Consultant of
Education Co., Ltd. (Beijing)

Party B: Beijing ShangXue Educational Technology Co.

I. Terms and Conditions

          Subject
to the terms and conditions set forth in this Agreement, the parties hereto
agree as follows:

          1.
Agreement Amount: Party A shall pay US$1,800,000 to Party B

          2.
Management Team Assurance and Operating Profits

          2.1
Management Team Assurance. Party A agrees and warrants that Party B continues to operate its existing business
under the leadership of its current
management team until the end of 2014. If the financial results of Party B satisfy the financial performance target set forth in Article II of this Agreement,
Party A agrees not to replace the existing management team at the end of 2014. 

          2.2 Operating Profit Distribution. Upon
satisfaction of the financial performance target set forth in Article II of
this Agreement and under the premise of Party B’s continued operation, the
operating profits of each accounting period shall be distributed in accordance 

	
  

 
	 

 

with the resolution of the
Board of Directors.

II. Performance Targets Warranties

          After
investment, Party A shall assign a new audit to review the financial situation of Party B. Based on the audited financial statements during the
following designated period of time,
Party B shall guarantee to achieve the performance targets: 

          Net
profit after tax in 2012 shall not be less than US$500,000;

          Net
profit after tax in 2013 shall not be less than US$1,000,000;

          Net
profit after tax in 2014 shall not be less than US$2,000,000.

III. Closing

          Party
A shall pay the amount of money to the accounts designated in Article VII under
the following conventions:

          1.
Within 3 days after the signature date of this Agreement, Party A shall pay
US$1,000,000 (or its equivalent in RMB, with the exchange rate determined as
1USD=6.32RMB) to Party B as a deposit.

          2.
Within 90 days after the signature date of this Agreement, Party A shall pay
US$250,000 to Party B.

          3.
After signature date of this Agreement, upon satisfaction of the financial
performance target set forth in Article II of this Agreement based on its
audited financial results of 2012 

	
  

 
	 

 

and no breach of the
related requirements specified in the Agreement, Party A shall reserve the right to determine whether or not to pay the remaining US$550,000 to Party B and purchase the 80%
equity interest.

          If
Party B fails to cross the
financial threshold, Party A may choose to suspend the investment or use the paid amount, namely US$1,250,000, to purchase the Party B’s online courseware
contents. In the case Party A decides
to suspend
the investment in Party B, Party
B should return all paid amount to Party A within 3 days from the receipt of Party A’s
written notice.

IV. Representations and Warranties

          As
of the signature date, Party B hereby represents and warrants to Party A the
followings:

          All
the information provided by Party B should be true and
legitimate. Any loss incurred on Party A due to false information provided by Party B, Party B shall bear
full responsibility for compensation. Upon the request of Party A, Party B
shall return Party A all the paid investment funds. Representations and
warranties related matters include but are not limited to the following: 

          1.
Party B did not violate any applicable law related to its establishment,
business operation and property.

          2.
Party B has effective franchise, permission, licenses and any other such
authorization related to the business Party B is currently engaged in or plans
to be engaged in, in case any 

	
  

 
	 

 

lack of the above can
reasonably cause significant adverse impact. Party B did not violate any such
authorization, such as franchise, permission, and license.

          3.
No breach of the contract. The business Party B is currently engaged in or
plans to be engaged in will not breach the following documents: (a) any term
regulated in the organization document of Party B, (b) any term or important
provision in the contract Party B as a party or constrained (the “Party B
contracts”), or (c) any arbitration, decree, order or law applicable or binding
to Party B. Any action, contract or right of Party B has got the permission or
did not exceed its authority. The execution, delivery, and performance of this
agreement, or the transactions contemplated by this Agreement will not result
in the breach of the organization documents of Party B or any term or provision
of Party B contracts, no matter with the time going on or with notice in advance
(or both), or constitute a default under any equity events related to the asset
of Party B (or any obligations of equity events).

          4.
Liabilities and contingent liabilities. Party A estimated the investment value
of Party B according to the information Party B provided before the date of the
signature of this agreement (contain the signature day). Both parties consent
and agree that all liabilities and contingent liabilities of Party B, including
but not limited to business deposit, tax due to pay, endorsement or guarantee,
occurred before the signature date of this Agreement shall be answered by Party
B itself, and Party A shall not be involved.

          5.
Integrity of assets and equity: Party B should remain various current assets
and equity situation before the signature date of this Agreement. The current
situation is judged accordance with the data Party B provided to Party A before
the signature date of this 

	
  

 
	 

 

Agreement, and accordance
with the record date of the data. There should not be a situation, including
but not limited to sell, transfer, mortgage, pledge, endorse, or guarantee. If
without notification, the above situations lead to the wrong investment
judgment or loss of Party A, Party B shall bear full responsibilities for the
compensation. 

          6.
Not competition commitment. Party B guaranties will not, directly or
indirectly, individually or jointly with others or through any other person,
engage or participate in any business competitive with the business of the
group company, and associate with it or its equity after the execution of this Agreement.

V. Financial
Management

          To
coordinate with the listing process of Party A, Party B agrees that Party B’s
chief financial officer should be designate by Party
A.

VI. Dispute
Resolution and Applicable Law

          This
Agreement shall be governed by and construed in accordance with the laws of
China. Any controversy, conflict or claim (each called a “dispute”) arising
from this Agreement, or any interpretation, violation, termination or validity
of this Agreement, shall firstly be resolved through negotiation among parties
to the dispute. If the dispute is not resolved in 15 days after notification,
any party may notify the other parties to submit the 

	
  

 
	 

 

dispute
to China International Economic and Trade Arbitration Commission for
arbitration in accordance to the arbitration rules. The decision shall be final
and binding on each party. The winning party may apply to any ordinary court of
competent jurisdiction to enforce the award.

VII.
Remittance of Investment Funds

The
investment funds shall be paid to the designated account as follows:

Account
Name

Bank
Name

Account Number

	
  

 
	 

 

 [Signature
page]

Party A: Tsingda Century
Investment Consultant of Education Co., Ltd. (Beijing)

Signature: 

Name: Hui Zhang

Title: CEO

Party B: Beijing ShangXue
Educational Technology Co.

Signature: 

Name: Xiaolin Wu

Title:

Signature date: November 1, 2011Exhibit 10.24

Investment Agreement

          This
INVESTMENT AGREEMENT (the “Agreement”), dated as of August 5, 2011, is entered into by and between:

Party A: Tsingda Century Investment Consultant of Education Co., Ltd. (Beijing)

Party B: Guozhen Zhou

          Subject
to the terms and conditions set forth in this Agreement, the parties hereto
agree with the followings referring to Asian Outstanding Students Admissions
Union Ltd (AOSA), which has registered in British Columbia BC since 2011.

I. Joint Venture and Shareholding Structure

          AOSA,
based on North America region, is an education service company, which provides
government and education resources for Asian preschool, primary school, junior
and senior high school students. Its target market is mainly in China, as well
as other Asian countries and North America, such as Korea, Japan and so on. Its
targets are forming core competitiveness by its capability in short term,
supplying completed and warranted service, avoiding 

cutthroat competition with competitors in the
same industry, building its brand in good faith, dominating market by its
advantages and promoting market with strong marketing theories.

	
  

 	
  

 	
  

 
	
  

 	
 1.

 	
 The total investment amount is US$5,500,000.

 
	
  

 	
  

 	
  

 
	
  

 	
 2.

 	
 Party A shall pay US$3,000,000 for investing for 55% of share equity
 of AOSA. Party B shall pay US$2,500,000 for investing for 45% of share equity
 of AOSA.

 
	
  

 	
  

 	
  

 
	
  

 	
 3.

 	
 Signature qualification of the parties. The contractor of Party A is
 its legal representative or authorized agent; the one of Party B is itself or
 authorized agent.

 
	
  

 	
  

 	
  

 
	
  

 	
 4.

 	
 When it comes to new investment funds, the parties’ share proportions
 dilute proportionally according to the proportion of capital contribution.

 

II. Capital Expenditure Plan of the Two Parties

	
  

 	
  

 	
  

 
	
  

 	
 1.

 	
 Allocation of US$5,500,000

 

	
  

 	
  

 	
  

 	
  

 	
  

 
	
 No.

 	
  

 	
 Items

 	
  

 	
 Expenses (US$)

 
	 

 	
  

 	 

 	
  

 	 

 
	
 1

 	
  

 	
 Establishment of cross-national level experts team and teachers recruitment for varied subjects

 	
  

 	
 200,000

 
	
 2

 	
  

 	
 Student recruitment and promotional expenses for AOSA

 	
  

 	
 300,000

 
	
 3

 	
  

 	
 Software and IT infrastructure development expenses

 	
  

 	
 200,000

 
	
 4

 	
  

 	
 Multi-language website development and registration expenses

 	
  

 	
 100,000

 
	
 5

 	
  

 	
 ESL 1-5 English language tutoring and testing system development

 	
  

 	
 300,000

 
	
 6

 	
  

 	
 Professional and talent courses development for High school
 international students

 	
  

 	
 500,000

 
	
 7

 	
  

 	
 Fund supporting

 	
  

 	
 100,000

 
	
 8

 	
  

 	
 High-end, completed and
 international business model

 	
  

 	
 200,000

 
	
 9

 	
  

 	
 Scholarship fund

 	
  

 	
 100,000

 
	
 10

 	
  

 	
 Pan-Asia regional operation centers establishment

 	
  

 	
 500,000

 
	
 11

 	
  

 	
 Establishment fund for
 international school

 	
  

 	
 1,000,000

 
	
 12

 	
  

 	
 The operating expense
 for the Beijing Office of AOSA project

 	
  

 	
 400,000

 
	
 13

 	
  

 	
 Courses development and
 research

 	
  

 	
 1,100,000

 
	
 14

 	
  

 	
 The operating expense
 for AOSA project

 	
  

 	
 500,000

 
	
  

 	
  

 	
 Total

 	
  

 	
 5,500,000

 

	
  

 	
  

 	
  

 
	
  

 	
 2.

 	
 Payment

 

          After
the signature of this Agreement, the parties shall contribute the respective
investment fund according to the schedule stated below:

          Initial
phase: the total amount is US$2,500,000. Party A shall pay US$1,350,000 and
Party B US$1,150,000 respectively.

          The
second phase: the total amount is US$2,000,000. Party A shall pay US$1,100,000
and Party B US$900,000 respectively. 

          The
last phase: the total amount is US$1,000,000. Party A shall pay US$550,000 and
Party B US$450,000 respectively.

III. Fund Supervision and Disbursement

	
  

 	
  

 	
  

 
	
  

 	
 1.

 	
 Subject to the terms and conditions hereof, Party A and Party B shall
 pay the respective investment funds to the designated account. The funds
 shall be used for specific purpose, and each disbursement shall be reported
 to the board of directors and put on records. Provided the details of how to use the
 disbursement, the payment may be made.

 

	
  

 	
  

 	
  

 
	
  

 	
  

 	
 3.1.1 The fund shall be
 used within the amount provided by the table in Article II of this Agreement and
 in accordance with the financial policies.

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 3.1.2 The domestic office
 of AOSA shall locate in headquarter of Party A. The office fee and administrative
 expenses shall be charged from the revenue of this project.

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 3.1.3 AOSA shall set up
 and maintain the employee records in accordance with the local law and
 practical operation. 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 3.1.4 The salary of
 employees of AOSA outside China shall be paid in accordance with certain
 standard, and the name list and job description of its employees, and the salary
 calculation method shall be provided. 

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 3.1.5 Regular fund
 management: the specific fund management model shall refer to the financial
 management method of Party A.

 

IV. Appointment for Board of Directors and Officers

	
  

 	
  

 	
  

 
	
  

 	
 1.

 	
 Party A and Party B agree to select 5 directors for the board. Party
 A shall appoint 3 directors of them and Party B appoint 2. Mr. Zhang shall be
 appointed as the chairman of the board. 

 
	
  

 	
  

 	
  

 
	
  

 	
 2.

 	
 Mr. Guozhen Zhou of Party B shall be appointed as Executive Officer of
 this project and in charge of the international business and stuff
 employment, while the employment of cashier and accountant shall be permitted by Party A in advance.

 

	
  

 	
  

 	
  

 
	
  

 	
 3.

 	
 The Chief Financial Officer of AOSA shall be appointed by Party A.

 

V. Principle of Piercing the Corporate Veil

          Despite
Party A is legally the controlling shareholder of AOSA, it is difficult for
Party A to control its operation in consideration of AOSA is a Canadian
company. Party B warrants the Principle of Piercing the Corporate Veil shall be
applicable in case that AOSA will infringe on shareholders’ rights of Party A.
In the litigation that Party A is the defendant because of AOSA, Party B shall
be named joint defendants. If AOSA assume compensation liability by the court,
Party B shall bear the unlimited joint and several liabilities.

VI. Responsibilities and Breach of the Contract

	
  

 	
  

 	
  

 
	
  

 	
 1.

 	
 Party B shall take full responsibility for the authenticity and validity
 of AOSA.

 
	
  

 	
  

 	
  

 
	
  

 	
 2.

 	
 Party B shall take full responsibility for the authenticity of
 project development.

 
	
  

 	
  

 	
  

 
	
  

 	
 3.

 	
 Party B shall take full responsibility for any infringement disputes
 of AOSA’s experts.

 
	
  

 	
  

 	
  

 
	
  

 	
 4.

 	
 Party B shall take full responsibility for the employment of relevant
 teaching team.

 
	
  

 	
  

 	
  

 
	
  

 	
 5.

 	
 Party B shall take full responsibility for the acceptance of Canadian education authorities to the course credits students get after taking
 the exam for online learning courses.
 

 

	
  

 	
  

 	
  

 
	
  

 	
 6.

 	
 Any dispute caused by the above terms shall be solved by Party B. If
 such dispute cannot be solved by Party B, Party B shall return all the
 investment fund of Party A and compensate for all the financial loss caused
 by such dispute.

 
	
  

 	
  

 	
  

 
	
  

 	
 7.

 	
 Party A and all relevant organizations shall not use the materials of
 AOSA for other purpose without permission.

 
	
  

 	
  

 	
  

 
	
  

 	
 8.

 	
 Any party hereof breach of this contract, the default party shall
 compensate 20% of the amount of this contract to the non-defaulting party. The
 non-defaulting party has the right to terminate this contract unilaterally.

 
	
  

 	
  

 	
  

 
	
  

 	
 9.

 	
 Any party that cannot pay the investment funds in accordance with the
 payment schedule shall return the investment funds.

 

VII. Dispute Resolution

          During
the performance of this Agreement and operation of AOSA, any dispute shall be
resolved by judicial means, govern by the court and based on the laws of PRC.

VIII. Miscellaneous

	
  
 	
  
 	
  
 
	
  
 	
 1.
 	
 This Agreement shall be executed in 6 originals; each Party shall
 receive 3 signed originals.
 
	
  
 	
  
 	
  
 
	
  
 	
 2.
 	
 Each original of this agreement shall be legal empowered.
 

	
  
 	
  
 	
  
 
	 
	3.
	Exclusive agreement. After the
         signature date of this Agreement, the parties cannot engage in same agreement with a third party.

	 
	 
	 

	
  
 	
 4.
 	
 Effective date of this Agreement commences at the signature date of
 this Agreement. The cooperative project shall be conducted according to this
 Agreement. 
 

 [Signature Page]

Party A: Tsingda Century Investment Consultant of Education Co., Ltd

Signature:

Name: Hui Zhang

Date: August 5, 2011

Place: Beijing, China

Party B: Guozhen Zhou

Signature:

Name: Guozhen Zhou

Date: August 5, 2011

Place: Beijing, China

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