NEW YORK COMMUNITY BANCORP, INC. Common Stock UNDERWRITING AGREEMENTLetter Agreement • May 22nd, 2008 • New York Community Bancorp Inc • Savings institutions, not federally chartered • New York
New York Community Bancorp, Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell (the “Offering”) to Raymond James & Associates, Inc. (the “Underwriter”), an aggregate of 15,540,000 shares of its Common Stock, par value $0.01 per share (the “Common Stock”). The aggregate of 15,540,000 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 Underwriter, upon the terms and conditions stated herein, up to an additional 2,331,000 shares of Common Stock (the “Additional Shares”) to cover over-allotments by the Underwriter, if any. The Firm Shares and the Additional Shares are collectively referred to in this Agreement as the “Shares.”
