4,000,000 Shares Philadelphia Suburban Corporation Common Stock ($.50 Par Value) UNDERWRITING AGREEMENTUnderwriting Agreement • August 19th, 2003 • Philadelphia Suburban Corp • Water supply • New York
Philadelphia Suburban Corporation, a Pennsylvania corporation (the "Company"), proposes to sell to the underwriters (the "Underwriters") named in Schedule I hereto, for whom you are acting as Representatives (the "Representatives") an aggregate of 4,000,000 shares of the Company's Common Stock, $.50 par value (the "Firm Shares"). The respective amounts of the Firm Shares to be so purchased by the several Underwriters are set forth opposite their names in Schedule I hereto. The Company also proposes to sell at the Underwriters' option an aggregate of up to 600,000 additional shares of the Company's Common Stock (the "Option Shares") as set forth below.
