UNDERWRITING AGREEMENT Westmoreland Coal Company 1,464,789 Shares of Common Stock Underwriting AgreementUnderwriting Agreement • July 16th, 2014 • WESTMORELAND COAL Co • Bituminous coal & lignite surface mining • New York
Westmoreland Coal Company , a Delaware corporation (the “Company”), proposes to issue and sell to the several Underwriters listed in Schedule 1 hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), an aggregate of 1,464,789 shares of Common Stock, par value $2.50 per share, of the Company (the “Underwritten Shares”) and, at the option of the Underwriters, up to an additional 219,718 shares of Common Stock of the Company (the “Option Shares”). The Underwritten Shares and the Option Shares are herein referred to as the “Shares.” The shares of Common Stock of the Company to be outstanding after giving effect to the sale of the Shares are referred to herein as the “Stock”.
