Amendment to Engagement Letter between Orient Paper Inc. and H.C. Wainwright & Co., LLC (July 1, 2014)
Orient Paper Inc. and H.C. Wainwright & Co., LLC have agreed to extend the term of their original engagement letter, dated April 2, 2014, until July 31, 2014. All other terms of the original agreement remain unchanged. The amendment also clarifies that any investor introduced by Orient Paper during the term will not be considered as introduced by Wainwright for the purposes of the agreement's tail fee provision.
Exhibit 1.2
July 1, 2014
STRICTLY CONFIDENTIAL
Mr. Winston C. Yen
Chief Financial Officer
Orient Paper Inc.
Science Park, Juli Road, Xushui County
Baoding City, Hebei Province
China 072550
Dear Mr. Yen:
This amendment amends our letter agreement dated April 2, 2014 (the "Original Agreement") to extend the Term (as defined in Section B thereof of the Original Agreement) until July 31, 2014. All other terms of the Agreement (as defined therein) shall remain in full force and effect. For the avoidance of doubt, Each of Orient Paper, Inc. (the "Company") and H.C. Wainwright & Co., LLC ("Wainwright") hereby confirms that, for the purpose of Section A.4, ("Tail Fee") of the Original Agreement, any investor introduced by the Company during the Term shall not be considered as introduced either directly or indirectly by Wainwright.
In acknowledgment that the foregoing correctly sets forth the understanding reached by Wainwright and the Company, please sign in the space provided below, whereupon this letter shall constitute a binding Agreement as of the date indicated above.
| Very truly yours, | ||
| H.C. WAINWRIGHT & Co., LLC | ||
| By: | /s/ Mark W. Viklund | |
| Name: Mark W. Viklund | ||
| Title: CEO | ||
Accepted and Agreed:
ORIENT PAPER INC.
| By | /s/ Winston C. Yen |
| Name: Winston C. Yen | |
| Title: Chief Financial Officer |
430 Park Avenue | New York, New York 10022 | 212 ###-###-#### | www.hcwco.com
Member: FINRA/SIPC
