15,000,000 Shares* AIRSPAN NETWORKS INC. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • September 21st, 2007 • Airspan Networks Inc • Radio & tv broadcasting & communications equipment • New York
Airspan Networks Inc., a Washington corporation (the “Company”), proposes to issue and sell 15,000,000 shares (the “Firm Shares”) of the Company’s Common Stock, $0.0003 par value per share (the “Common Stock”), to you and to the several other Underwriters named in Schedule I hereto (collectively, the “Underwriters”), for whom you are acting as representatives (the “Representatives”). The Company has also agreed to grant to you and the other Underwriters an option (the “Option”) to purchase up to an additional 2,250,000 shares of Common Stock, on the terms and for the purposes set forth in Section 1(b) (the “Option Shares”). The Firm Shares and the Option Shares are referred to collectively herein as the “Shares.” As used herein, the term “Representatives” shall mean the “Underwriters” unless any Underwriters other than the Representatives are named in Schedule I hereto.
