Historical Changes a) In the 2013-2014 school year and following, step salary movement shall be reinstated (with no retroactive payment).
Historical Changes. The establishment and all historical changes (including, without limitation, capital increase, capital decrease, equity transfer or other changes in equity interests) of the Group Companies comply with applicable laws and regulations and have obtained all governmental permits, completed all examination, approval, registration, filing, report and other procedures with governmental authorities and adopted and taken all necessary internal actions of the Company and its superior enterprises and units. The Persons involved in the above changes in equity interests have duly completed tax declaration and tax payment procedures and fully paid all relevant taxes (if any) in accordance with applicable laws.
