4,000,000 Units1 COASTAL BANCSHARES ACQUISITION CORP. UNDERWRITING AGREEMENT , 2004Coastal Bancshares Acquisition Corp. • August 17th, 2004 • New York
I-Bankers Securities Incorporated Newbridge Securities Corporation As Representatives of the several Underwriters named in Schedule I hereto c/o I-Bankers Securities Incorporated 3340 Indian Creek Court Ft. Worth, TX 76180
COASTAL BANCSHARES ACQUISITION CORP. August , 2004Coastal Bancshares Acquisition Corp. • August 17th, 2004
This letter will confirm our agreement that, commencing on the effective date ("Effective Date") of the registration statement for the initial public offering ("IPO") of the securities of Coastal Bancshares Acquisition Corp. (the "Company") and continuing (i) until the consummation by the Company of a "Business Combination" (as described in the Company's IPO prospectus), (ii) 18 months from commencement of the IPO if the Company does not effect a business combination, or (iii) 24 months from the consummation of the IPO if a letter of intent, agreement in principle or definitive agreement has been executed within 18 months of commencement of the IPO and the Company has not effected a business combination, Coastal Acquisition LLC shall make available to the Company certain office and secretarial services as may be required by the Company from time to time, situated at 9821 Katy Freeway, Suite 500, Houston, Texas 77024. In exchange therefore, the Company shall pay Coastal Acquisition LLC
