This template agreement among underwriters may be used in a securities offering that involves more than one underwriter. The agreement provides for the managing underwriter(s) to act on behalf of the other underwriters, including in negotiating and executing the underwriting agreement, exercising the over-allotment option, inviting dealers to participate in the offering, and engaging in stabilization. This template includes practical guidance and drafting notes. The agreement typically is based on the managing underwriter's form of agreement and generally is not heavily negotiated. Members of the underwriting syndicate are presented with the agreement either immediately prior to the offering, or else have already signed an agreement among underwriters with the managing underwriter that covers all public offerings in which the underwriter participates with the lead manager. For a template of underwriting agreement that may be used in a securities offering, see Underwriting Agreement ...