LCNB CORP. (an Ohio Corporation) 1,428,571 Shares of Common Stock No Par Value UNDERWRITING AGREEMENT October 31, 2013Underwriting Agreement • November 1st, 2013 • LCNB Corp • National commercial banks • New York
LCNB Corp., an Ohio corporation (the “Company”), confirms its agreement with FBR Capital Markets & Co. (the “Underwriter”), with respect to (i) the sale by the Company of a total of 1,428,571 shares (the “Initial Shares”) of Common Stock, no par value per share, of the Company (the “Common Stock”), and the purchase by the Underwriter of all of the Initial Shares, and (ii) the grant of the option described in Section 1(b) hereof to purchase all or any part of 214,286 additional shares of Common Stock to cover over-allotments (the “Option Shares”), if any, from the Company to the Underwriter. The Initial Shares to be purchased by the Underwriter and all or any part of the Option Shares subject to the option described in Section 1(b) hereof are hereinafter called, collectively, the “Shares.”
