IBIS TECHNOLOGY CORPORATION UNDERWRITING AGREEMENTUnderwriting Agreement • October 16th, 2003 • Ibis Technology Corp • Semiconductors & related devices • New York
Ibis Technology Corporation, a Massachusetts corporation (the "Company"), proposes to sell (the "Offering"), upon the terms and subject to the conditions of this Agreement, to CDC Securities (the "Underwriter"), an aggregate of 870,000 shares (the "Firm Shares") of the Company's common stock, par value $.008 per share ("Common Stock"). The Company also proposes to sell to the Underwriter, at the option of the Underwriter, an aggregate of not more than 130,000 additional shares of the Company's Common Stock (such additional shares being hereinafter referred to as the "Optional Shares"). The Firm Shares and the Optional Shares are herein collectively called the "Offered Shares."
