2,532,542 Warrants Valley National Bancorp UNDERWRITING AGREEMENTUnderwriting Agreement • May 24th, 2010 • Valley National Bancorp • National commercial banks • New York
The United States Department of the Treasury (the “Selling Security Holder”) proposes to sell to the several underwriters (the “Underwriters”) named in Schedule I hereto, for whom you are acting as representative (the “Representative”), an aggregate of up to 2,532,542 warrants (the “Warrants”) of Valley National Bancorp, a New Jersey corporation (the “Company”), representing the right to purchase an aggregate of up to that same number of shares (the “Warrant Shares”) of the Company’s common stock, no par value (the “Common Stock”). The respective maximum amounts of the Warrants to be so purchased by the several Underwriters are set forth opposite their names in Schedule I hereto.
