GREAT AJAX CORP. UNDERWRITING AGREEMENTUnderwriting Agreement • April 25th, 2017 • Great Ajax Corp. • Real estate investment trusts • New York
Great Ajax Corp., a Maryland corporation (the “Company”), Great Ajax Operating Partnership LP, a Delaware limited partnership (the “Operating Partnership”), and Thetis Asset Management LLC, a Delaware limited liability company (the “Manager”), each confirms its agreement with each of the Underwriters listed on Schedule I hereto (collectively, the “Underwriters”), for whom Raymond James & Associates, Inc. and JMP Securities LLC are acting as Representatives (in such capacity, the “Representatives”), with respect to (i) the issuance and sale by the Company of $76,250,000 principal amount of its 7.25% convertible senior notes due 2024 (the “Initial Notes”), and the purchase by the Underwriters, acting severally and not jointly, of the respective principal amount of the Initial Notes set forth opposite the names of each of the Underwriters listed in Schedule I hereto and (ii) the grant of the option described in Section 1(b) hereof to purchase all or any part of $11,250,000 principal amoun
