MONMOUTH REAL ESTATE INVESTMENT CORPORATION UNDERWRITING AGREEMENTUnderwriting Agreement • March 9th, 2017 • Monmouth Real Estate Investment Corp • Real estate investment trusts • New York
Monmouth Real Estate Investment Corporation, a Maryland corporation (the “Company”), proposes, subject to the terms and conditions stated in this agreement (this “Agreement”), to issue and sell an aggregate of 3,000,000 shares (the “Firm Shares”) of the Company’s 6.125% Series C Cumulative Redeemable Preferred Stock, $0.01 par value per share (the “Preferred Stock”), to the several underwriters named in Schedule I hereto (collectively, the “Underwriters”), for whom RBC Capital Markets, LLC, BMO Capital Markets Corp. and J.P. Morgan Securities LLC, are acting as representatives (collectively, the “Representatives”). The Company has also agreed to grant to the Underwriters an option to purchase up to an additional 450,000 shares of Preferred Stock (the “Option Shares”) solely to cover over-allotments, if any. The Firm Shares and the Option Shares are hereinafter collectively referred to as the “Shares.” The Shares, when issued and delivered by the Company pursuant to this Agreement, will
