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Search Broker Dealer Agreement by:
EARLYBIRDCAPITAL, INC.
275 MADISON AVENUE
SUITE 1203
NEW YORK, NEW YORK 10016
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SELECTED DEALERS AGREEMENT
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Dear Sirs:
1. Registration under the Securities Act of 1933, as amended
("Act"),
of the 3,500,000 Units* of Ascend Acquisition Corp. ("Company"), as
more fully
described in the Preliminary Prospectus, dated _________, 2006, and in the final
prospectus ("Prospectus") which will be forwarded to you, will
become effective
in the near future. We, as the Underwriters, are offering certain of the Units
for purchase by a selected group of dealers ("Selected Dealers") on
the terms
and conditions stated herein.
Authorized Public Offering Price:
$6.00 per Unit.
Dealers' Selling Concession:
Not to exceed $0.__ per Unit payable upon
termination of this Agreement, except as
provided below. We reserve the right not to
pay such concession on any of the Units
purchased by any of the Selected Dealers
from us and repurchased by us at or below
the price stated above prior to such
termination.
Reallowance: You may reallow not in excess of $0.__ per
Unit as a selling concession to dealers who
are members in good standing of the National
Association of Securities Dealers, Inc.
("NASD") or to foreign dealers who are not
eligible for membership in the NASD and who
have agreed (i) not to sell the Units within
the United States of America, its
territories or possessions or to persons who
are citizens thereof or residents therein,
and (ii) to abide by the applicable Conduct
Rules of the NASD.
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* Plus the over-allotment option available to the Underwriters to purchase up to
an additional 525,000 Units.
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Delivery and Payment:
Delivery of the Units shall be made on or
about ______, 2006 or such later date as we
may advise on not less than one day's notice
to you, at the office of EarlyBirdCapital,
Inc., 275 Madison Avenue, Suite 1203, New
York, New York 10016 or at such other place
as we shall specify on not less than one
day's notice to you. Payment for the Units
is to be made, against delivery, at the
authorized public offering price stated
above, or, if we shall so advise you, at the
authorized public offering price less the
dealers' selling concession stated above, by
wire transfer in Federal (same day) funds or
by certified or official bank check in New
York Clearing House Funds payable to the
order of EarlyBirdCapital, Inc.
Termination:
This Agreement shall terminate at the close
of business on the 45th day following the
effective date of the Registration Statement
(of which the enclosed Prospectus forms a
part), unless extended at our discretion for
a period or periods not to exceed in the
aggregate 30 additional days. We may
terminate this Agreement, whether or not
extended, at any time without notice.
2. Any of the Units purchased by you hereunder are to be offered by
you to the public at the public offering price, except as herein otherwise
provided and except that a reallowance from such public offering price not in
excess of the amount set forth on the first page of this Agreement may be
allowed as consideration for services rendered in distribution to dealers that
(a) are actually engaged in the investment banking or securities business; (b)
execute the written agreement prescribed by Rule 2740 of the NASD Conduct Rules;
and (c) are either members in good standing of the NASD or foreign banks,
dealers or institutions not eligible for membership in the NASD that represent
to you that they will promptly reoffer such Units at the public offering price
and will abide by the conditions with respect to foreign banks, dealers and
institutions set forth in paragraph 9 below.
3. You, by becoming a member of the Selected Dealers, agree (a)
upon
effectiveness of the Registration Statement and your receipt of the Prospectus,
to take up and pay for the number of Units allotted and confirmed to you, (b)
not to use any of the Units to reduce or cover any short position you may have
and (c) to make available a copy of the Prospectus to all persons who on your
behalf will solicit orders for the Units prior to the making of such
solicitations by such persons. You are not authorized to give any information or
to make any representations other than those contained in the Prospectus or any
supplements or amendments thereto.
4. We may be authorized to over-allot in arranging sales to
Selected
Dealers, to purchase and sell Units, and to stabilize or maintain the market
price of the Units. You agree to advise us at any time and from time to time
upon our request, prior to the termination of this Agreement, of the number of
Units purchased by you remaining unsold by you, and you will, upon our request
at any such time, sell to us, for our account or the account of one or more of
the Underwriters, such amount of such unsold Units as we may designate, at the
public offering price thereof less an amount to be determined by us not in
excess of the concession to dealers. In the event that prior to the later of (i)
the termination of this Agreement or (ii) the covering by us of any short
position created by us in connection with the offering of the Units, for our
account or the account of one or more Underwriters, we purchase or contract to
purchase for our account or the account of any of the Underwriters, in the open
market or otherwise, any Units theretofore delivered to you, we reserve the
right to withhold the above-mentioned concession to dealers on such Units if
sold to you at the public offering price, or if such concession has
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been allowed to you through your purchase at a net price, you agree to repay
such concession upon our demand, plus, in each case, any taxes on redelivery,
commissions, original issue discount, accrued interest and dividends paid in
connection with such purchase or contract to purchase.
5. As contemplated by Rule 15c2-8 under the Securities






