21,000,000 Shares Portland General Electric Company Common Stock EQUITY UNDERWRITING AGREEMENTEquity Underwriting Agreement • June 13th, 2007 • Portland General Electric Co /Or/ • Electric services • New York
Enron Disputed Claims Reserve, created pursuant to Section 21.3(a) of the Supplemental Modified Fifth Amended Joint Plan of Affiliated Debtors Pursuant to Chapter 11 of the United States Bankruptcy Code, in In re Enron Corp., et al. (the “Plan”) for the benefit of holders of claims under the Plan, by BDHLR, LLC in its capacity as Disbursing Agent under the Plan (the “Selling Shareholder”) proposes to sell to the several underwriters (the “Underwriters”) named in Schedule I hereto for whom you are acting as representatives (the “Representatives”) an aggregate of 21,000,000 shares (the “Firm Shares”) of Portland General Electric Company, an Oregon corporation (the “Company”), common stock, no par value (the “Common Stock”). The respective amounts of the Firm Shares to be so purchased by the several Underwriters are set forth opposite their names in Schedule I hereto. The Selling Shareholder also proposes to sell at the Underwriters’ option an aggregate of up to 2,658,106 additional share
