RecitalsReplacement Capital Covenant • May 15th, 2008 • Privatebancorp, Inc • State commercial banks
PRIVATEBANCORP CAPITAL TRUST IV [3,000,000] ___% Trust Preferred Securities ($25 liquidation amount per security) guaranteed by PRIVATEBANCORP, INC. FORM OF UNDERWRITING AGREEMENTUnderwriting Agreement • May 15th, 2008 • Privatebancorp, Inc • State commercial banks
Underwriters to certain eligible officers, directors and employees of the Company and its subsidiaries (“Reserved Securities Participants”), as part of the distribution of the Firm Securities by the Underwriters, subject to the terms of this Agreement, the applicable rules, regulations and interpretations of the Financial Industry Regulatory Authority (“FINRA”) and all other applicable laws, rules and regulations. To the extent that such Reserved Securities are not orally confirmed for purchase, and subject to an agreement to purchase, by such eligible officers, directors and employees by the end of the first business day after the date of this Agreement, such Reserved Securities may be offered to the public as part of the public offering contemplated hereby. To the extent described in the Prospectus (as defined herein), the Firm Securities and the Option Securities will be guaranteed by the Company on a junior subordinated basis with respect to distributions and amounts payable upon l
