exhibit 2. 10 exhibit 2. 10 master agreement in santiago, chile, as of september 10, 2020 ( the “ effective date ” ), this master agreement ( this “ agreement ” ) is made and entered into as by and among, ( a ) laureate international, b. v., a private limited liability company ( besloten vennoostschap ) incorporated according to the laws of the netherlands, chilean tax identification number 59, 085, 750 - 5 ; laureate i, b. v., a private limited liability company ( besloten vennoostschap ) incorporated according to the laws of the netherlands, chilean tax identification number 59, 085, 740 - 8 ; and servicios regionales universitarios le, s. c., a company ( sociedad civil ) incorporated according to the laws of mexico, chilean tax identification number 59, 294, 380 - 8 ( collectively, the “ controlling entities ” ), all represented by mr. rick sinkfield and domiciled for this purposes at avenida kennedy 5454, oficina 904, las condes, santiago, chile ; and ( b ) fundacion educacion y cultura, a chilean non - for - profit foundation, tax identification number 53, 334, 445 - 3, represented by mr. jorge selume zaror, both domiciled for this purpose in av. andres bello 2711, piso 8, las condes, santiago, chile ( “ fundacion ” ) ; recitals : whereas, the controlling entities are wholly owned subsidiaries of laureate education, inc. ( “ laureate ” ), a public benefit corporation incorporated in accordance with the laws of the state of delaware, united states of america ; whereas, through the controlling entities, laureate controls several educational institutions in chile, some of which are non - for - profit universities and others are for - profit professional institutes, all in accordance with the law of higher education, as defined below ; whereas, fundacion is a chilean non - for - profit foundation, whose sole members are sociedad educacional ses and sociedad educacional gundemara ; whereas, the controllers of sociedad educacional ses and sociedad educacional gundemara are respectively mr. jorge selume zaror and mr. juan antonio guzman molinari, both of which have substantial experience