The King Washington Underwriting Agreement is a legally binding contract between print, Inc. and the underwriters for the issue and sale of shares of common stock. This agreement outlines the terms and conditions of the offering, ensuring a smooth and regulated process. Underwriting agreements act as a safeguard for both parties involved in the transaction. These agreements typically include various sections that cover the specifics of the offering, the responsibilities of each party, and the potential risks associated with the issuance and sale of shares of common stock. Key terms and sections covered within a King Washington Underwriting Agreement include: 1. Parties Involved: The agreement clearly identifies the parties involved in the transaction, namely print, Inc. and the underwriters. This ensures that there is a mutual understanding between the stakeholders. 2. Offering Details: The agreement outlines the specific details of the offering, such as the number of shares to be issued and sold, the offering price per share, and any associated expenses. 3. Underwriters' Responsibilities: The agreement lays out the underwriters' duties, including their commitment to purchase and subsequently sell the shares to the public. It may also specify any additional undertakings, such as marketing efforts or regulatory compliance measures. 4. Selling Restrictions: The agreement may address any restrictions on the sale of shares, often to comply with relevant securities laws. It may stipulate lock-up periods, during which the underwriters are prohibited from selling their allocated shares. 5. Representations and Warranties: Both print, Inc. and the underwriters provide assurances about the accuracy of the information provided regarding the issuing company and the sale of shares. These representations and warranties help establish transparency and trust between the parties. 6. Covenants and Conditions: The agreement includes various covenants and conditions that each party must fulfill. This may include obligations related to regulatory approvals, financial reporting requirements, or the provision of necessary legal documentation. Different variations of the King Washington Underwriting Agreement may exist, depending on the specific circumstances of the share issuance and sale. For example, there might be different agreements for initial public offerings (IPOs), follow-on offerings, or secondary offerings. Each type of agreement may include nuances tailored to the particular nature of the transaction. In conclusion, the King Washington Underwriting Agreement is a comprehensive contract that sets out the terms and conditions for the issue and sale of shares of common stock. It ensures a fair and regulated process while protecting the interests of both print, Inc. and the underwriters involved in the transaction.