EX-4.38 10 ex4-38.htm AGREEMENT BETWEEN CIBT AND HEBEI NORMAL UNIVERSITY FOREIGN LANGUAGE COLLEGE ex4-38.htm
Framework Agreement
 
Between
 
Hebei Normal University – Foreign Language College
 
And
 
CIBT Education Group Inc. (Beijing Fenghua Education Consulting Company)
 
Party A: Hebei Normal University Foreign Language College
 
Party B: CIBT Education Group Inc. (Beijing Fenghua Education Consulting Company)
 
Cooperation Programs:
 
-  
Establish a GLN center at Party B’s campus
 
-  
Offer 192-hour GLN TESOL program
 
-  
Offer AHLA short term training program (3-month or 5-month with local and overseas internship opportunities)
 
Financial Arrangement:
 
-  
Both parties are responsible for student recruitment
 
-  
Party B collects tuition fee and remit share revenue to Party A (expenses and tuition fees to be determined later)
 
-  
Both parties are responsible for their own tax payment
 
Terms:
 
-  
Term of the agreement is 5 years effective from May 25th, 2011
 
Party A: Hebei Normal University Foreign Language College
 
Legal Representative: Yuxin Shi
 
Seal:
 
Date: May 25, 2011
 
Party B: CIBT Education Group Inc. (Beijing Fenghua Education Consulting Company)
 
Legal Representative: Summit Wu
 
Seal:
 
Date: May 25, 2011