UNDERWRITING AGREEMENT FOR SHARES

Legal Resource Category(s)

Company Law


	Sr.No	Form Name

	1.	AGREEMENT BETWEEN A COMPANY AND ITS BRANCH MANAGER'

	2.	Agreement between a Firm and a Broker for Agency'

	3.	AGREEMENT FOR PROMOTING A COMPANY'

	4.	Agreement for Underwriting Shares of a Company'

	5.	Agreement of Amalgamation between Two Companies'

	6.	AGREEMENT TO ADOPT THE PRELIMINARY AGREEMENT'

	7.	Agreement to Underwrite Debenture Stock'

	8.	BSE LISTING AGREEMENT - PART - I'

	9.	BSE Listing Agreement - Part - II'

	10.	DEED OF CONVEYANCE BY THE OFFICIAL LIQUIDATOR OF A LIMITED COMPANY'

	11.	DRAFT FORMAT OF RESOLUTION TO BE PASSED BY THE BOARD OF THE BORROWING SCHEDULED BANK'

	12.	DRAFT FORMAT OF RESOLUTION TO BE PASSED BY THE BOARD OF THE BORROWING SCHEDULED BANK FOR EXECUTION OF AGREEMENT'

	13.	DRAFT MODEL ARTICLES OF ASSOCIATION FOR PUBLIC COMPANIES'

	14.	Form for Memorandum of Settlement of Industrial Dispute between Employer and Employees Form for Memorandum of Settlement'

	15.	FORMATION AGREEMENT TO CONVERT A PARTNERSHIP INTO A LIMITED COMPANY'

	16.	JOINT VENTURE FOR SETTING UP AN INTERNET PORTAL (INITIAL MOU FOR PARTICIPATION)'

	17.	JOINT VENTURE/SHARE HOLDERS AGREEMENT'

	18.	NSE - LISTING AGREEMENT - PART-I'

	19.	NSE LISTING AGREEMENT - PART - II'

	20.	NSE LISTING AGREEMENT - PART III'

	21.	SALE BY OFFICIAL LIQUIDATOR OF THE COMPANY'

	22.	SHAREHOLDERS AGREEMENT'

	23.	UNDERWRITING AGREEMENT FOR SHARES'

	24.	Underwriting and Brokerage Agreements'

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UNDERWRITING AGREEMENT FOR SHARES

THIS AGREEMENT made on the............day of BETWEEN X (hereinafter called the underwriters) of the one part and Y Co. Ltd. having its registered office at............(hereinafter called the company) of the other part.

WHEREAS the company is about to offer for public subscription as issue of..............shares of............each in accordance with the terms of the draft prospectus a copy of which is annexed hereto, or with such modifications therein as may be mutually agreed upon between the company and the underwriters:

AND WHEREAS the underwriters have agreed to underwrite the shares on the terms and conditions hereinafter appearing.

NOW THEREFORE IT IS HEREBY AGREED AS FOLLOWS:

1. If the said ........ Shares shall on or before the ..... day of ... 200..... for such later date as shall be mutually agreed upon by the parties hereto not after the ..... day of ..... 200.....) be offered by the company for subscription by the public at par on the terms of such prospectus as aforesaid, the underwriters shall on or before the closing of the subscription list apply at par for the said ...... shares.

The said prospectus shall be issued in the form already approved by the underwriters or with such modification, if any, as shall be mutually agreed between the company and the underwriters.

2. If on the closing of the lists under the said prospectus the said ..... Shares shall be allotted in respect of applications from the public the responsibility of the underwriters is to cease and no allotment is to be made under this agreement but if the said ..... shares shall not be allotted to the public but any smaller number of such shares is so allotted, the undertaking of the underwriters is to cease and no allotment is to be made under this agreement but if the said..............shares shall not be allotted to the public but any smaller number of such shares is so allotted, the undertaking of the underwriters is to stand for difference between the said.............shares and the number of the shares allotted to the public.

3. The company shall pay to the underwriters in cash within........ days from the allotment of the said shares a commission at the rate of ...........p.c. on the nominal value of the shares.

4. This agreement is to be irrevocable on the part of the underwriters and is to be sufficient in itself to authorise the company in the event of the underwriters not applying for the said ...........shares to cause application to be made for such shares or any part thereof in the name and on behalf of the underwriters in accordance with the terms of the said prospectus and authorise the directors of company to allot the said........shares of the company or any part thereof to the underwriters (but subject to the provisions of this agreement) and in the event of harmless and indemnified in respect of such application.

IN WITNESS WHEREOF,

Signed by the Underwriter

Name & Signature

Signed by the authorised signatory of Company

Name & Signature

Name & Signature of two witnesses