Common Stock, par value $0.0001 per share UNDERWRITING AGREEMENTUnderwriting Agreement • July 24th, 2018 • Diversified Restaurant Holdings, Inc. • Retail-eating places • New York
Diversified Restaurant Holdings, Inc., a Nevada corporation (the “Company”), and the stockholder of the Company listed in Schedule 1 hereto (the “Selling Stockholder”), severally propose, subject to the terms and conditions stated herein, to sell to the several Underwriters named in Schedule II hereto (the “Underwriters”) an aggregate of 6,000,000 shares (the “Firm Shares”) of Common Stock, par value $0.0001 per share (the “Common Stock”), of the Company. The Firm Shares consist of 5,300,000 authorized but unissued shares of Common Stock to be issued and sold by the Company and 700,000 outstanding shares of Common Stock to be sold by the Selling Stockholder. The Company has also proposed to grant to the several Underwriters an option to purchase up to 450,000 additional shares of Common Stock on the terms and for the purposes set forth in Section 3 hereof (the “Option Shares”). The Firm Shares and any Option Shares purchased pursuant to this Underwriting Agreement (this “Agreement”) ar
