UNDERWRITING AGREEMENTUnderwriting Agreement • January 22nd, 2021 • Perion Network Ltd. • Services-computer programming services
Perion Network Ltd., a company organized under the laws of the State of Israel (the “Company”), proposes, subject to the terms and conditions contained herein, to sell to you and the other underwriters named on Schedule I to this Agreement (the “Underwriters”), for whom you are acting as Representatives (the “Representatives”), an aggregate of 4,990,000 ordinary shares, par value NIS 0.03 per share (the “Ordinary Shares”) of the Company (the “Firm Shares”). The respective amounts of the Firm Shares to be purchased by each of the several Underwriters are set forth opposite their names on Schedule I hereto. In addition, the Company proposes to grant to the Underwriters an option to purchase up to an additional 748,500 Ordinary Shares (the “Option Shares”) from the Company in connection with the sale of the Firm Shares. The Firm Shares and the Option Shares are collectively called the “Shares.”
