ContractUnderwriting Agreement • May 4th, 2001 • Alpine Capital Lp • New York
Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167 Dear Sirs: Lone Star Technologies, Inc., a corporation organized and existing under the laws of Delaware (the "Company"), proposes, subject to the terms and conditions stated herein, to issue and sell to you (the "Underwriter") 1,000,000 shares (the "Company Firm Shares") of its common stock, par value $1.00 per share (the "Common Stock"), and Alpine Capital, L.P., a Texas limited partnership (the "Selling Stockholder"), proposes, subject to the terms and conditions stated herein, to sell to the Underwriter 500,000 shares of Common Stock (the "Selling Stockholder Firm Shares" and, collectively, with the Company Shares, the "Firm Shares"). The Company and the Selling Stockholder propose severally to sell, for the sole purpose of covering over-allotments in connection with the sale of the Firm Shares, at the option of the Underwriter, up to an additional 150,000 shares and 75,000 shares, respectively (the "Addi
