Seaspan Corporation 4,000,000 Shares ($0.01 par value per share, liquidation preference $25.00 per share) Underwriting AgreementUnderwriting Agreement • May 24th, 2011 • Seaspan CORP • Deep sea foreign transportation of freight • New York
Seaspan Corporation, a corporation organized under the laws of the Republic of the Marshall Islands (the “Company”), proposes to sell to the several underwriters named in Schedule II hereto (the “Underwriters”), for whom you (the “Representatives”) are acting as representatives, 4,000,000 shares of 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares, $0.01 par value, with a liquidation preference of $25.00 per share (the “Series C Preferred Shares”), of the Company (said shares to be issued and sold by the Company being hereinafter called the “Securities”), which shall have the rights, powers and preferences set forth in the Statement of Designation in respect of the Series C Preferred Shares (the “Statement of Designation”). To the extent there are no additional Underwriters listed on Schedule II other than you, the term Representatives as used herein shall mean you, as Underwriters, and the terms Representatives and Underwriters shall mean either the singular or plural as
