2,640,000 Shares COVENANT TRANSPORTATION GROUP, INC. Class A Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • November 25th, 2014 • Covenant Transportation Group Inc • Trucking (no local) • New York
Covenant Transportation Group, Inc., a Nevada corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the several Underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 2,640,000 shares (the “Firm Shares”) of the Company’s Class A Common Stock, par value $0.01 per share (the “Common Stock”). In addition, the Company has agreed to sell to the Underwriters, upon the terms and conditions stated herein, up to an additional 396,000 shares of Common Stock. The additional 396,000 shares to be sold by the Company are referred to in this Underwriting Agreement (this “Agreement”) as the “Additional Shares.” The Firm Shares and the Additional Shares are collectively referred to in this Agreement as the “Shares.” Stephens Inc. and BB&T Capital Markets, a division of BB&T Securities, LLC, are acting as the representatives of the several Underwriters and in such capacity are referred to in this Agreement as the “Representat
