Exhibit 1(d)
KIMCO REALTY CORPORATION
(a Maryland Corporation)
TERMS AGREEMENT
Dated: November 13, 2001
To: Kimco Realty Corporation
▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇
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New Hyde Park, New York 11042-0020
Attention: Chairman of the Board of Directors
Dear Sirs:
We (the "Underwriter") understand that Kimco Realty Corporation, a
Maryland corporation (the "Company"), proposes to issue and sell the number of
shares of Common Stock, $.01 par value per share, set forth below (the
"Underwritten Securities"). Subject to the terms and conditions set forth or
incorporated by reference herein, we offer to purchase the Underwritten
Securities at the purchase price set forth below.
The Underwritten Securities shall have the following terms:
Title of Securities: Common Stock, $.01 par value per share
Number of Shares: 1,500,000
Public offering price per share: $49.27
Purchase price per share: $46.81
Number of Option Securities: Not Applicable
Delayed Delivery Contracts: Not Applicable
Closing date and location: November 19, 2001;
▇▇▇▇▇▇ & ▇▇▇▇▇▇▇, New York, New York
All the provisions contained in the document attached as Annex A hereto
entitled "Kimco Realty Corporation--Common Stock, Warrants to Purchase Common
Stock, Preferred Stock and Depositary Shares--Underwriting Agreement" are hereby
incorporated by reference in their entirety herein and shall be deemed to be a
part of this Terms Agreement to the same extent as if such provisions had been
set forth in full herein. Terms defined in such document are used herein as
therein defined.
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Please accept this offer on November 13, 2001, by signing a copy of
this Terms Agreement in the space set forth below and returning the signed copy
to us.
Very truly yours,
▇▇▇▇▇▇ ▇. ▇▇▇▇▇ & CO., L. P.
By: /s/ T. ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇.
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Name: T. ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇.
Title: Principal
ACCEPTED:
KIMCO REALTY CORPORATION
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
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Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: Vice-President and Treasurer
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