Prospect Energy Corporation (a Maryland Corporation) 6,000,000 Shares of Common Stock Par Value $.001 per Share Underwriting Agreement December 14, 2006Prospect Energy Corp • December 19th, 2006 • New York
Prospect Energy Corporation, a Maryland corporation (the “Company”) confirms its agreement with Morgan Keegan & Company, Inc. (the “Underwriter”), with respect to the issue and sale by the Company and the purchase by the Underwriter of 6,000,000 of shares of common stock, par value $.001 per share of the Company (the “Common Shares”), and with respect to the grant by the Company to the Underwriter of the option described in Section 3(b) hereof to purchase all or any part of 900,000 additional Common Shares to cover over-allotments, if any. The aforesaid 6,000,000 Common Shares (the “Firm Shares”) to be purchased by the Underwriter and all or any part of the 900,000 Common Shares subject to the option described in Section 3(b) hereof (the “Option Shares”) are collectively referred to as the “Shares.”
