PPL ELECTRIC UTILITIES CORPORATION First Mortgage Bonds, 6.25% Series due 2039 UNDERWRITING AGREEMENTUnderwriting Agreement • May 22nd, 2009 • PPL Electric Utilities Corp • Electric services • New York
PPL Electric Utilities Corporation, a Pennsylvania corporation (“Company”), proposes to issue and sell, and the several Underwriters named in Section 3 hereof (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), propose, severally and not jointly, to purchase, upon the terms and conditions set forth herein, $300,000,000 aggregate principal amount of the Company’s First Mortgage Bonds, 6.25% Series due 2039 (the “Bonds”) to be issued under an Indenture, dated as of August 1, 2001, between the Company and The Bank of New York Mellon, as trustee thereunder (the “Trustee”), as previously amended and supplemented and as to be supplemented by Supplemental Indenture No. 10 relating to the Bonds (the “Supplemental Indenture”), to be dated as of May 1, 2009 (such Indenture, as so supplemented, the “Indenture”).
