4,500,000 Shares Global Traffic Network, Inc. Common Stock, Par Value $0.001 Per Share Underwriting AgreementUnderwriting Agreement • August 1st, 2007 • Global Traffic Network, Inc. • Services-miscellaneous business services • New York
Introductory. Global Traffic Network, Inc., a Delaware corporation (the “Company”), proposes to sell to the several underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 4,500,000 shares (the “Firm Shares”) of common stock, par value $0.001 per share (the “Common Stock”), of the Company. In addition, the Company has granted to the Underwriters an option to purchase up to an additional 675,000 shares (the “Optional Shares”) of Common Stock, as provided in Section 2. The Firm Shares and, if and to the extent such option is exercised, the Optional Shares are collectively called the “Shares.” Oppenheimer & Co. (“Oppenheimer”) has agreed to act as representative of the several Underwriters (in such capacity, the “Representative”) in connection with the offering and sale of the Shares.
