RECON TECHNOLOGY, LTD (a Cayman Islands exempted company) Minimum Offering: Ordinary Shares Maximum Offering: Ordinary Shares ($ per share) PLACEMENT AGREEMENTRecon Technology, LTD • April 22nd, 2009 • Oil & gas field services, nec • Virginia
The undersigned, Recon Technology, Ltd, a Cayman Islands exempted (the “Company”), hereby confirms its agreement with you as follows:
MAKE GOOD ESCROW AGREEMENTGood Escrow Agreement • April 22nd, 2009 • Recon Technology, LTD • Oil & gas field services, nec • Virginia
THIS MAKE GOOD ESCROW AGREEMENT (the “Make Good Agreement”), dated effective as of , 2009, is entered into by and among Recon Technology, Ltd, a Cayman Islands corporation (the “Company”); Anderson & Strudwick, Inc. (“A&S”); Mr. Yin Shenping, Mr. Chen Guangqiang and Mr. Li Hongqi, in their individual capacities (collectively the “Make Good Pledgors” and each individually a “Make Good Pledgor”); and SunTrust Bank, N.A., as escrow agent (“Escrow Agent”).
