· ] Shares Intervest Bancshares Corporation Class A Common Stock par value $1.00 per share Underwriting AgreementUnderwriting Agreement • July 29th, 2010 • Intervest Bancshares Corp • National commercial banks • New York
Intervest Bancshares Corporation, a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to Sandler O’Neill & Partners, L.P. (the “Underwriter”), an aggregate of [·] shares (the “Firm Shares”) of Class A common stock, $1.00 par value per share, of the Company (the “Common Stock”) and all or any part of [·] additional shares of Common Stock (the “Optional Shares”) pursuant to the option described in Section 2 hereof to cover over-allotments, if any (the Firm Shares and the Optional Shares that the Underwriter elects to purchase pursuant to Section 2 hereof being collectively called the “Shares”). A primary purpose of the proposed offering is to provide capital to the Company’s wholly-owned subsidiary, Intervest National Bank (the “Bank”).
