MOLYCORP, INC. LOCK-UP LETTER June 9, 2011Pegasus Partners Iv Lp • June 24th, 2011 • Metal mining
The undersigned understands that J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC (the “Representatives”) propose to enter into (i) an Underwriting Agreement (the “Common Stock Underwriting Agreement”) with Molycorp, Inc., a Delaware corporation (the “Company”), and certain stockholders of the Company (the “Selling Stockholders”), providing for the public offering by the several Underwriters to be named in Schedule 1 to the Common Stock Underwriting Agreement, including the Representatives (the “Common Stock Underwriters”), of shares (the “Shares”) of the common stock of the Company (the “Common Stock”) and (ii) a Purchase Agreement (the “Convertible Notes Purchase Agreement” and, together with the Common Stock Underwriting Agreement, the “Underwriting Agreements”) with the Company, providing for the offering (together with the public offering of the Common Stock, the “Offerings”) by the several Initial Purchasers to be named in Schedule 1 to the Convertible Notes Purchase Agree
AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13DPegasus Partners Iv Lp • June 24th, 2011 • Metal mining
Molycorp, Inc. 5619 DTC Parkway Suite 1000 Greenwood Village, CO 80111 The Selling Stockholders referred to in Schedule I hereto Computershare Trust Company, N.A., as Custodian 250 Royall Street Canton, MA 02021 Attention: Stephanie Manzanares Dear...Pegasus Partners Iv Lp • June 24th, 2011 • Metal mining
As representatives of the several underwriters (the “Underwriters”) listed in Schedule III to the Underwriting Agreement dated June 9, 2011(the “Underwriting Agreement”) among Molycorp, Inc. (the “Company”), ourselves, as representatives of the Underwriters listed in Schedule III thereto, and the selling stockholders named in Schedule I thereto, we hereby advise you that the Underwriters have determined to exercise the option granted to them in the Underwriting Agreement to purchase 1,500,000 additional shares of the Company’s common stock.
