4,000,000 Shares* AMERICAN SUPERCONDUCTOR CORPORATION Common Stock UNDERWRITING AGREEMENT February , 2005Underwriting Agreement • February 22nd, 2005 • American Superconductor Corp /De/ • Motors & generators • New York
American Superconductor Corporation, a Delaware corporation (the “Company”), proposes to issue and sell 4,000,000 shares (the “Firm Shares”) of the Company’s Common Stock, $.01 par value (the “Common Stock”), to you and to the several other Underwriters named in Schedule I hereto (collectively, the “Underwriters”), for whom you are acting as representatives (the “Representatives”). The Company has also agreed to grant to you and the other Underwriters an option (the “Option”) to purchase up to an additional 600,000 shares of Common Stock, on the terms and for the purposes set forth in Section 1(b) (the “Option Shares”). The Firm Shares and the Option Shares are referred to collectively herein as the “Shares.”
