1,500,000 Shares* MAIN STREET BANKS, INC. Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • December 9th, 2004 • Main Street Banks Inc /New/ • Commercial banks, nec • Florida
Main Street Banks, Inc., a Georgia corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the several Underwriters named in Schedule I hereto (the “Underwriters”), an aggregate of 1,500,000 shares of its Common Stock, no par value per share (the “Common Stock”). The aggregate of 1,500,000 shares of Common Stock to be purchased from the Company are called the “Firm Shares.” In addition, the Company has agreed to sell to the Underwriters, upon the terms and conditions stated herein, up to an additional 225,000 shares of Common Stock (the “Additional Shares”) to cover over-allotments by the Underwriters, if any. The Firm Shares and the Additional Shares are collectively referred to in this Agreement as the “Shares.” Raymond James & Associates, Inc. (“Raymond James”) and SunTrust Capital Markets, Inc. are acting as the representatives of the several Underwriters and in such capacity are referred to in this Agreement as the “Representa
