3,500,000 Shares CELADON GROUP, INC. UNDERWRITING AGREEMENT Common StockUnderwriting Agreement • May 29th, 2015 • Celadon Group Inc • Trucking (no local) • New York
Celadon Group, Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to Raymond James & Associates, Inc. (the “Underwriter”) shares of the Company’s common stock, par value $0.033 per share (the “Common Stock”). The aggregate of 3,500,000 shares to be purchased from the Company are called the “Firm Shares.” In addition, the Company has agreed to sell to the Underwriter, upon the terms and conditions stated herein, up to an additional 525,000 shares of Common Stock (the “Additional Shares”) to cover over-allotments by the Underwriter, if any. The Firm Shares and the Additional Shares are collectively referred to in this Agreement as the “Shares.”
