UNDERWRITING AGREEMENTUnderwriting Agreement • June 24th, 2014 • Profire Energy Inc • Auto controls for regulating residential & comml environments • New York
Profire Energy, Inc. a Nevada corporation (the “Company”), proposes to sell and issue, subject to the terms and conditions set forth herein, to each of the underwriters listed on Schedule A hereto (each, an “Underwriter” and collectively, the “Underwriters”), for whom Maxim Group LLC and Chardan Capital Markets LLC are acting as representatives (in such capacity, each a “Representative” and collectively, the “Representatives”), an aggregate of ______________ shares (the “Company Firm Shares”) of common stock, $0.001 par value per share, of the Company (the “Common Stock”). In addition, the Company and certain stockholders of the Company (the “Selling Stockholders”) named in Schedule B hereto severally propose to issue an aggregate of _____________ shares (the “Selling Stockholder Firm Shares “ and collectively with the Company Firm Shares, the “Firm Shares”) and to grant to the Underwriters an option (the “Over-allotment Option”) to purchase, solely for the purpose of covering over-all
