EQUITY UNDERWRITING AGREEMENTEquity Underwriting Agreement • October 22nd, 2012 • Urstadt Biddle Properties Inc • Real estate investment trusts • New York
Urstadt Biddle Properties Inc., a Maryland corporation (the “Company”), proposes to sell to the several underwriters listed on Schedule I hereto (the “Underwriters”), for whom BMO Capital Markets Corp. is acting as representative (the “Representative”), 4,500,000 shares (the “Firm Shares”) of the Company’s 7.125% Series F cumulative redeemable preferred stock, $0.01 par value per share (the “Preferred Stock”). The Company also proposes to sell at the Underwriters’ option an aggregate of up to 675,000 additional shares of the Company’s Preferred Stock (the “Option Shares,” and together with the Firm Shares, the “Shares”) as set forth below.
