Common use of Equity Transfer of Rui Si Clause in Contracts

Equity Transfer of Rui Si. (1) OneSmart shall provide a loan of RMB2,660,000 to Xxxx Xxx Xxx (“Xxxx Xxx Xxx Loan II”) free of interest; (2) Xxxx Xxx Rui shall provide a loan of RMB2,660,000 to Xi Zhi (“Xi Zhi Loan II”) with the interest specified in the Loan Agreement (as defined below); (3) Xi Zhi shall pay RMB2,660,000 to De Hui with the funds from Xi Zhi Loan II pursuant to Section 2.9.6(5) of the Restructuring Agreement.

Equity Transfer of Rui Si. (1) OneSmart shall provide a loan of RMB2,660,000 to Xxxx Xxx Xxx (“Xxxx Xxx Xxx Loan II”) free of interest; (2) Xxxx Xxx Rui shall provide a loan of RMB2,660,000 to Xi Zhi (“Xi Zhi Loan II”) with the interest specified in the Loan Agreement (as defined below); (3) Xi Zhi shall pay RMB2,660,000 to De Hui XXXXX Xxxx with the funds from Xi Zhi Loan II pursuant to Section 2.9.6(5) of the Restructuring Agreement.