LOCK-UP AGREEMENT
Exhibit 10.33
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| By Facsimile ( ) | By Facsimile ((000) 000-0000) | |||||
| Recon Technology, Ltd | Xxxxxxxx & Xxxxxxxxx, Incorporated | |||||
| Room 1401 Xxxx Xxxx Mansion | 000 Xxxx Xxxx Xxxxxx | |||||
| 123 Jiqing Road | 20th Floor | |||||
| Nanjing, 210006 | Xxxxxxxx, Xxxxxxxx 00000 | |||||
| People’s Republic of China | Attn: | X. XxXxxxxx Xxxxx, III, | ||||
| Attn: | Yin Shenping, | Senior Vice President | ||||
| CEO | ||||||
Dear Xx. Xxx and Xx. Xxxxx:
The undersigned understands that Xxxxxxxx & 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: |
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| Name: |
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