GENERAL STEEL HOLDINGS, INC. Form of Lock-Up Agreement December 13, 2007General Steel • December 14th, 2007 • General Steel Holdings Inc • Steel works, blast furnaces & rolling & finishing mills • New York
This Lock-Up Agreement is being delivered to you in connection with the Securities Purchase Agreement (the "Purchase Agreement"), dated as of December __, 2007 by and among General Steel Holdings, Inc. (the "Company") and the investors party thereto (the "Buyers"), with respect to the issuance of (i) shares of the Company's common stock, $0.001 par value per share (the "Common Stock") and (ii) warrants which will be exercisable to purchase shares of Common Stock. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the Purchase Agreement.
