RADIAN GROUP INC. (a Delaware corporation)Underwriting Agreement • November 10th, 2010 • Radian Group Inc • Surety insurance • New York
Radian Group Inc., a Delaware corporation (the “Company”), confirms its agreement with Morgan Stanley & Co. Incorporated (“Morgan Stanley”) and each of the other Underwriters named in Schedule A hereto (collectively, the “Underwriters”, which term shall also include any underwriter substituted as hereinafter provided in Section 12 hereof), for whom Morgan Stanley is acting as representative (in such capacity, the “Representative”), with respect to (i) the sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of the respective principal amounts set forth in said Schedule A of $400,000,000 aggregate principal amount of the Company’s 3.00% Convertible Senior Notes due 2017 (the “Initial Securities”) and (ii) the grant by the Company to the Underwriters, acting severally and not jointly, of the option described in Section 2(b) hereof to purchase up to an aggregate of $50,000,000 additional principal amount of 3.00% Convertible Senior Notes due 2017 (th
