AMENDMENT TO SHARE EXCHANGE AGREEMENT BY AND AMONG American Education Center Inc. AEC Southern Management Co., LTD AND Persons listed in Exhibit A hereof DATE: March 27, 2017 RECITALSShare Exchange Agreement • March 27th, 2017 • American Education Center, Inc. • Services-educational services
WHEREAS, This Share Exchange Agreement, dated as of November 8, 2016 (the “Exchange Agreement”), was made by and among American Education Center Inc., a Nevada corporation (the “Acquiror Company” or “AEC Nevada”), AEC Southern Management Co., LTD, a company formed pursuant to the laws of England and Wales (the “Acquiree Company” or “AEC England and Wales”), and Persons listed in Exhibit A of the Exchange Agreement, which consist of all of the shareholders of the Acquiree Company at the date of the Exchange Agreement and certain Person receiving Service Shares (as defined in the Exchange Agreement) (each an “Original Party” and together, “Original Parties”).
