Continental Airlines, Inc. $200,000,000 4.5% Convertible Notes due 2015 Underwriting AgreementUnderwriting Agreement • December 10th, 2009 • Continental Airlines Inc /De/ • Air transportation, scheduled • New York
Continental Airlines, Inc., a Delaware corporation (the “Company”), confirms its agreement with the several underwriters named in Schedule I hereto (the “Underwriters”), for whom you (the “Representatives”) are acting as representatives, with respect to the sale by the Company and the purchase by the Underwriters of $200,000,000 principal amount of the Company’s 4.5% Convertible Notes due 2015 (the “Firm Securities”). The Company also confirms its agreement to grant to the Underwriters an option to purchase up to $30,000,000 additional principal amount of such Notes (the “Option Securities” and, together with the Firm Securities, the “Securities”). The Securities are convertible into shares of Class B Common Stock, par value $.01 per share (the “Common Stock”), of the Company. The Securities are to be issued pursuant to the third supplemental indenture to be dated as of the First Closing Time (as defined herein) to the indenture, dated as of July 15, 1997 (the indenture as so supplemen
