CNET [ChinaNet Online] 8-K: (Original Filing)
[SECURITIES PURCHASE AGREEMENT Agreement Company Dongsys Innovation (Beijing) Technology Development Co., Ltd. 东电创新 ( 北京 ) 科技发展股份有限公司 Purchaser This SECURITIES PURCHASE AGREEMENT (this “ ARTICLE I Purchase and Sale of Common Stock Purchase and Sale of Common Stock Shares Section 1.1 Purchase Price and Closing. Purchase Price Closing Closing Date y Section 1.2 ARTICLE II Section 2.1 Organization, Good Standing] [LOCK-UP AGREEMENT Agreement Company Dongsys Innovation (Beijing) Technology Development Co., Ltd. 东电创新 ( 北京 ) 科技发展股份有限公司 Purchaser This LOCK-UP AGREEMENT (this “ 1,000,000 Shares WHEREAS, the Company intends to consummate a private placement transaction with the Purchaser, whereby the Company will issue Purchase Agreement Transaction Documents WHEREAS, in connection with the transaction, the Company entered into a Securities Purchase Agreement,] [ChinaNet Online Receives US$1.25 Million Strategic Investment from Dongsys Innovation In accordance with the Agreement, the Purchaser made a ten percent (10%) non-refundable guarantee payment to the Company in an amount equal to US$125,000 on May 27, 2015. The Purchaser shall pay an additional fifteen percent (15%) of the Purchase Price by June 25, 2015. The Purchaser shall pay the] [1.01 Entry into a Material Definitive Agreement. Item 8.01. Other Events. Description 10.1 Securities Purchase Agreement, dated May 26, 2015]