5,000,000 SHARES VECTOR GROUP LTD. COMMON STOCK UNDERWRITING AGREEMENTUnderwriting Agreement • May 18th, 2020 • Vector Group LTD • Cigarettes • New York
Contract Type FiledMay 18th, 2020 Company Industry JurisdictionVector Group Ltd., a Delaware corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule A (the “Underwriters”) 5,000,000 shares (the “Firm Shares”) of its common stock, par value $0.10 per share (the “Common Stock”). In addition, the Company has granted to the Underwriters an option to purchase up to an additional 750,000 shares (the “Optional Shares”) of its Common Stock, as provided in Section 2. The Firm Shares and, if and to the extent such option is exercised, the Optional Shares are collectively called the “Shares”. Jefferies LLC (“Jefferies”) has agreed to act as representative of the several Underwriters (in such capacity, the “Representative”) in connection with the offering and sale of the Shares. To the extent there are no additional underwriters listed on Schedule A, the term “Representative” as used herein shall mean Jefferies, as Underwriter, and the term “Underwriters” shall mean either the singular or the plural, as the contex