GUARANTY BANCSHARES, INC. [●] Shares of Common Stock (par value $1.00 per share) UNDERWRITING AGREEMENTUnderwriting Agreement • May 1st, 2017 • Guaranty Bancshares Inc /Tx/ • National commercial banks • New York
Guaranty Bancshares, Inc., a Texas corporation (the “Company”), confirms its agreement with Sandler O’Neill + Partners, L.P. (“Sandler”) 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 10 hereof), for whom Sandler 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 an aggregate of [●] shares of Common Stock, par value $1.00 per share, of the Company (“Common Stock”), in the respective amounts set forth in Schedules A and B hereto 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 all or any part of [●] additional shares of Common Stock in the respective amounts set forth in Schedule B hereto. The aforesaid [●] shares
