Underwriting AgreementUnderwriting Agreement • February 21st, 2017 • Bank of N.T. Butterfield & Son LTD • Commercial banks, nec • New York
The shareholders named in Schedule II hereto (the “Selling Shareholders”) of The Bank of N.T. Butterfield & Son Limited, a company incorporated under the laws of Bermuda (the “Company”), propose, subject to the terms and conditions stated herein, to sell to the Underwriters for whom you are acting as representatives (the “Representatives”), named in Schedule I hereto (the “Underwriters”) an aggregate of [●] voting ordinary shares, par value BM$0.01 per share (“Stock”) of the Company (the “Firm Shares”) and, at the election of the Representatives, up to [●] additional shares of Stock (the “Optional Shares”). The Firm Shares and the Optional Shares that the Underwriters elect to purchase pursuant to Section 2 hereof are herein collectively called the “Shares”.
