●] Shares Midwest Holding Inc. Voting Common Stock $0.001 par value per share Underwriting AgreementUnderwriting Agreement • December 14th, 2020 • Midwest Holding Inc. • Life insurance • New York
Midwest Holding Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the Underwriters named on Schedule A hereto (the “Underwriters”), for whom Piper Sandler & Co. is acting as representative (the “Representative”), an aggregate of [●] shares of voting common stock, par value $0.001 per share, of the Company (“Common Stock”) (such shares of Common Stock to be sold by the Company to the Underwriters, the “Firm Shares”), subject to the terms and conditions stated herein. In addition, the Company proposes to sell to the Underwriters, at the election of the Underwriters, acting severally and not jointly, up to an aggregate of [●] additional shares of Common Stock, subject to the terms and conditions stated herein (the “Optional Shares”) (the Firm Shares and the Optional Shares that the Underwriters elect to purchase pursuant to Section 2 hereof are herein collectively called the “Shares”). As part of the offering contemplated by this Agreement, Piper Sandler & Co. (t
