LTC Properties, Inc. Common Stock UNDERWRITING AGREEMENT March 22, 2011 KeyBanc Capital Markets Inc.Underwriting Agreement • March 23rd, 2011 • LTC Properties Inc • Real estate investment trusts • New York
LTC Properties, Inc., a Maryland corporation qualified as a real estate investment trust (the “Company”), proposes to issue and sell to the several underwriters named in Schedule I hereto (the “Underwriters”), for whom you (the “Representative”) are acting as representatives, 3,500,000 shares of its common stock, $0.01 par value per share (the “Common Stock”) (said shares to be issued and sold by the Company being hereinafter called the “Underwritten Securities”). The Company also proposes to grant to the Underwriters an option to purchase up to 525,000 additional shares of Common Stock (the “Option Securities”; the Option Securities, together with the Underwritten Securities, being hereinafter called the “Securities”). Certain terms used herein are defined in Section 19 hereof.
