LOCK-UP AGREEMENT ,

EX-10.33 3 dex1033.htm EXHIBIT 10.33 Exhibit 10.33

Exhibit 10.33

LOCK-UP AGREEMENT

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By Facsimile (                    )    By Facsimile ((804) 648-3404)
Recon Technology, Ltd    Anderson & Strudwick, Incorporated
Room 1401 Yong Feng Mansion    707 East Main Street
123 Jiqing Road    20th Floor
Nanjing, 210006    Richmond, Virginia 23219
People’s Republic of China    Attn:    L. McCarthy Downs, III,
Attn:    Yin Shenping,       Senior Vice President
   CEO      

Re: Lock-Up Agreement

Dear Mr. Yin and Mr. Downs:

The undersigned understands that Anderson & Strudwick, Incorporated (the “Placement Agent”), proposes to enter into a Placement Agreement with Recon Technology, Ltd (the “Company”), providing for the public offering (the “Offering”), by the Placement Agent of a minimum of 1,166,667 ordinary shares and a maximum of 1,700,000 ordinary shares (the “Shares”).

In consideration of the Placement Agent’s agreement to undertake the Offering of the Shares on a “best efforts, minimum/maximum” basis, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the undersigned agrees that the undersigned will not register, offer, sell, contract to sell, grant any securities convertible into or exercisable or exchangeable for the Shares or any warrants to purchase the Shares (including, without limitation, securities of the Company which may be deemed to be beneficially owned by the undersigned in accordance with the rules and regulations of the Securities and Exchange Commission and securities which may be issued upon the exercise of a stock option or warrant) for a period of (a) as to one-half ( 1/2) of the Shares now or in the future beneficially owned by the undersigned, ninety(90) days after the date of the offering and (b) as to the other one-half of such Shares, one hundred ninety (190) days after the date of this offering.

The undersigned understands that the Company, the Placement Agent and the Representatives will proceed with the Offering in reliance upon this Lock-up Agreement.

 

Very truly yours,
By:  

 

Name:  

 

Its: