The Maryland Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. is a legally binding contract that outlines the terms and conditions for the issuance and sale of shares of common stock. This agreement serves as a crucial document in the process of raising capital for Tel axis Communications Corp. and facilitating the underwriting services provided by Credit Suisse First Boston Corp. In this specific agreement, both parties have entered into a mutually beneficial arrangement wherein Credit Suisse First Boston Corp. undertakes the responsibility of purchasing the shares being issued by Tel axis Communications Corp. and subsequently selling them to the public. This enables Tel axis Communications Corp. to raise funds necessary for its operations while giving Credit Suisse First Boston Corp. an opportunity to profit from the sale of these securities. Key terms and clauses typically included in a Maryland Underwriting Agreement include the agreed-upon purchase price for the shares, the underwriter's commitment to sell the shares at a predetermined price, representations and warranties made by Tel axis Communications Corp. regarding its financial condition and compliance with laws, and the allocation of expenses related to the issuance and sale of the shares. Additionally, the agreement may outline the conditions under which the underwriter can terminate the agreement, such as material adverse changes in Tel axis Communications Corp.'s financial condition or breach of representations and warranties. It may also specify the circumstances under which the underwriter has the option to purchase additional shares, known as the over-allotment option. Different types of Maryland Underwriting Agreements that may exist between Tel axis Communications Corp. and Credit Suisse First Boston Corp. include firm commitment underwriting agreements and best efforts underwriting agreements. A firm commitment underwriting agreement guarantees that the underwriter will purchase all the shares from Tel axis Communications Corp., regardless of whether they can be sold to the public. On the other hand, the best efforts underwriting agreement stipulates that the underwriter will use its best efforts to sell the shares, but does not guarantee their purchase if market conditions are unfavorable. In summary, the Maryland Underwriting Agreement between Tel axis Communications Corp. and Credit Suisse First Boston Corp. is a critical document that governs the issuance and sale of common stock, enabling Tel axis Communications Corp. to raise necessary capital and Credit Suisse First Boston Corp. to profit from underwriting services.