SEASPAN CORPORATION 5,000,000 Shares ($0.01 par value per share, liquidation preference $25.00 per share) Plus an option to purchase from the Company up to 750,000 additional Shares Underwriting AgreementUnderwriting Agreement • February 10th, 2014 • 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, 5,000,000 shares of 8.25% Series E Cumulative Redeemable Perpetual Preferred Shares, $0.01 par value, with a liquidation preference of $25.00 per share (the “Series E Preferred Shares”), of the Company (said shares to be issued and sold by the Company being hereinafter called the “Firm Securities”). The Company also proposes to grant to the Underwriters an option to purchase up to 750,000 additional Series E Preferred Shares (the “Option Securities”; the Option Securities, together with the Firm Securities, being hereinafter called the “Securities”). The Securities shall have the rights, powers and preferences set forth in the Statement of Designation (the “Statement of Designation”) in respect of the Series E
