LPL Investment Holdings Inc. Common Stock Underwriting AgreementUnderwriting Agreement • May 2nd, 2012 • LPL Investment Holdings Inc. • Security & commodity brokers, dealers, exchanges & services • New York
The stockholders of LPL Investment Holdings Inc., a Delaware corporation (the “Company”), named in Schedule II hereto (the “Selling Stockholders”) propose, severally and not jointly and subject to the terms and conditions stated herein, to sell to the Underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 14,500,000 shares of common stock, par value $0.001 per share (“Stock”), of the Company. The Selling Stockholders propose, severally and not jointly and subject to the terms and conditions stated herein, to sell to the Underwriters, at the election of the Underwriters, up to an aggregate of 1,450,000 additional shares of Stock. The aggregate of 14,500,000 shares to be sold by the Selling Stockholders is herein called the “Firm Shares” and the aggregate of 1,450,000 additional shares to be sold by the Selling Stockholders is herein called the “Optional Shares.” The Firm Shares and the Optional Shares that the Underwriters elect to purchase pursuant to Section 2 he
