3,500,000 Shares SIERRA WIRELESS, INC. Common Shares UNDERWRITING AGREEMENTUnderwriting Agreement • September 27th, 2007 • Sierra Wireless Inc • Radio & tv broadcasting & communications equipment • British Columbia
Sierra Wireless, Inc. (the “Company”), a corporation incorporated in Canada under the Canada Business Corporations Act, proposes to sell an aggregate of 3,500,000 common shares (the “Firm Shares”) in the capital of the Company (the “Common Shares”). In addition, the Company proposes to grant to the Underwriters named in Schedule 1 hereto (the “Underwriters”) an option to purchase up to an additional 525,000 Common Shares on the terms and for the purposes set forth in Section 2 (the “Option Shares”). The Firm Shares and the Option Shares, if purchased, are hereinafter collectively called the “Shares.” This is to confirm the agreement concerning the purchase of the Shares by the Underwriters.
