DELPHI FINANCIAL GROUP, INC. 3,000,000 Shares Class A Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • April 29th, 2009 • Delphi Financial Group Inc/De • Life insurance • New York
Delphi Financial Group, Inc., a Delaware corporation (the “Company”), proposes to sell 3,000,000 shares (the “Firm Stock”) of the Company’s Class A common stock, par value $0.01 per share (the “Common Stock”). In addition, the Company proposes to grant to the underwriters (the “Underwriters”) named in Schedule 1 attached to this agreement (this “Agreement”) an option to purchase up to 450,000 additional shares of the Common Stock on the terms set forth in Section 2 (the “Option Stock”). The Firm Stock and the Option Stock, if purchased, are hereinafter collectively called the “Stock.” This is to confirm the agreement concerning the purchase of the Stock from the Company by the Underwriters. In the event only a single Underwriter is named in Schedule 1, then all references to the “Underwriters” shall be deemed to mean and refer to such Underwriter, mutatis mutandis.
