SUBSCRIPTION AGREEMENTSubscription Agreement • December 28th, 2009 • Chinacast Education Corp • Services-educational services • New York
This Subscription Agreement (the "Agreement") dated as of December 21, 2009, has been executed by the undersigned (the "Subscriber") in connection with the offer and sale (the "Offering") of 692,520 shares (the "Shares") of common stock, $.0001 par value per share (the "Common Stock"), of ChinaCast Education Corporation, a Delaware corporation (the "Company"), at a price of US$7.22 per Share or a total of US$4,999,994.40 (RMB34,149,961.75). The offer and sale of the Common Stock are being made in reliance upon the provisions of Regulation S ("Regulation S") promulgated by the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "Securities Act"). Upon the terms and subject to the conditions set forth herein, each Subscriber hereby agrees to purchase, and the Company hereby agrees to issue and sell the Shares. In consideration of the mutual promises, representations and warranties set forth herein, the Company and each Subscriber hereby agree
