Forestar Group Inc. $110 million of Convertible Senior Notes due 2020 Underwriting AgreementUnderwriting Agreement • February 26th, 2013 • Forestar Group Inc. • Real estate • New York
Forestar Group Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the Underwriters, an aggregate of $110,000,000 principal amount (the “Firm Securities”) of 3.75% Convertible Senior Notes due 2020 (the “Convertible Notes”), convertible into cash, shares of the Company’s common stock, par value $1.00 per share (“Stock”), of the Company, or a combination of cash and Stock, and, at the election of the Underwriters, up to an aggregate of $15,000,000 in additional aggregate principal amount of Notes (the “Optional Securities”) (the Firm Securities and the Optional Securities which the Underwriters elect to purchase pursuant to Section 2 hereof are herein collectively called the “Securities”). The Securities will be issued pursuant to an indenture, to be dated February 26, 2013, between the Company and US Bank National Association, as trustee (the “Trustee”), and a supplemental indenture thereto (collectively, the “
