Exhibit 10.31

AMENDED AND RESTATED
RECEIVABLES PURCHASE AGREEMENT

Dated as of March 30, 2012
among
ALLIANCE ONE INTERNATIONAL, INC.
as Seller,
FINACITY RECEIVABLES 2006-2, LLC
as Purchaser
and
FINACITY CORPORATION,
as Administrator

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ARTICLE I
 
DEFINITIONS
1
Section 1.01
 
Certain Defined Terms
1
Section 1.02
 
Other Terms
1
ARTICLE II
 
AMOUNTS AND TERMS OF PURCHASES
1
Section 2.01
 
Facility
1
Section 2.02
 
Termination and Renewal of Facility
1
Section 2.03
 
Making Purchases
2
Section 2.04
 
Collection Account; Collections; Deemed Collections; Repurchase of Certain
Receivables
3
Section 2.05
 
Settlement Procedures
4
Section 2.06
 
Payments and Computations, Etc
5
Section 2.07
 
360 Day Year
6
ARTICLE III
 
CONDITIONS OF PURCHASES
6
Section 3.01
 
Conditions Precedent to Initial Purchase from the Seller
6
Section 3.02
 
Conditions Precedent to All Purchases
6
ARTICLE IV
 
REPRESENTATIONS AND WARRANTIES
7
Section 4.01
 
Representations and Warranties of the Seller
7
Section 4.02
 
Representations and Warranties of the Purchaser
9
ARTICLE V
 
COVENANTS
10
Section 5.01
 
Covenants of the Seller
10
Section 5.02
 
Intention of the Parties; Security Interest
14
Section 5.03
 
Covenants of the Purchaser
14
ARTICLE VI
 
ADMINISTRATION AND COLLECTION
15
Section 6.01
 
Designation of Administrator and Servicer
15
Section 6.02
 
Administrator Reports
15
Section 6.03
 
Certain Rights of the Purchaser
15
Section 6.04
 
Seller Agreements
15
ARTICLE VII
 
EVENTS OF TERMINATION
16
Section 7.01
 
Events of Termination
16
ARTICLE VIII
 
INDEMNIFICATION
17
Section 8.01
 
Indemnities by the Seller
17
Section 8.02
 
Costs, Expenses and Taxes
18
ARTICLE IX
 
MISCELLANEOUS
19
Section 9.01
 
Amendments, Etc
19
Section 9.02
 
Notices, Etc
19
Section 9.03
 
Binding Effect; Assignability
19
Section 9.04
 
Taxes
20
Section 9.05
 
No Proceedings
20
Section 9.06
 
Confidentiality
20
Section 9.07
 
GOVERNING LAW
20
Section 9.08
 
Third Party Beneficiary
20
Section 9.09
 
Execution in Counterparts
20
Section 9.10
 
Original Agreement
20

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SCHEDULE I
Schedule of Definitions
 
 
ANNEXES
ANNEX A
Form of Purchase Confirmation
ANNEX B
Forms of Period Reports

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Amended and restated
RECEIVABLES PURCHASE AGREEMENT

dated as of March 30, 2012
PRELIMINARY STATEMENTS
WHEREAS, Alliance One International, Inc., a Virginia corporation, as seller
(the “Seller”), Finacity Receivables 2006-2, LLC, a special purpose Delaware
limited liability company, as purchaser (the “Purchaser”) and Finacity
Corporation, a Delaware corporation, as Administrator (the “Administrator”),
previously entered into the Receivables Purchase Agreement dated as of March 23,
2010 and the First Amendment to Receivables Purchase Agreement dated as of June
28, 2011 (as so amended, supplemented or otherwise modified, the “Original
Agreement”); and
WHEREAS, subject to and upon the terms and conditions set forth herein, the
parties desire to (i) make certain amendments to the Original Agreement and (ii)
for the sake of clarity and convenience, amend and restate the Original
Agreement in the form of this Agreement in its entirety;
NOW, THEREFORE, in consideration of the mutual agreements contained herein and
for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereby agree as follows:
ARTICLE I

DEFINITIONS
Section 1.01Certain Defined Terms. As used in this Agreement, capitalized terms
not otherwise defined shall have the meanings specified in Schedule I hereto or,
if not specified therein, in the Receivables Sale Agreement (such meanings to be
equally applicable to both the singular and plural forms of the terms defined).
Section 1.02    Other Terms. All accounting terms not specifically defined
herein shall be construed in accordance with generally accepted accounting
principles in the United States.
ARTICLE II
AMOUNTS AND TERMS OF PURCHASES
Section 2.01    Facility. On the terms and conditions hereinafter set forth, the
Seller may offer to sell to the Purchaser certain Receivables relating to
Obligors originated by it from time to time, and the Purchaser shall purchase
from the Seller the Eligible Receivables offered for sale by the Seller, subject
to the terms of this Agreement and in each case during the period from the
Closing Date to the Facility Termination Date.
Section 2.02    Termination and Renewal of Facility. The Seller may, upon at
least 30 calendar days' prior notice to the Purchaser, terminate the Facility in
whole or from time to time reduce in part the unused portion of the Facility
Limit; provided that each partial reduction shall be in the amount of at least
$1,000,000 or an integral multiple thereof. Subject to the foregoing termination
right, the Scheduled Facility Termination Date will be extended for incremental
periods of 364 days, if the Purchaser and the Seller receive a written notice to
that effect from the Agent and the Funding Interest

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Agents under the Receivables Sale Agreement (given not more than 90 nor less
than 30 days prior to the then existing Scheduled Facility Termination Date).
Section 2.03    Making Purchases.
(a)    Initial and Subsequent Purchase. As frequently as each Business Day from
the Closing Date until the Facility Termination Date, the Seller may deliver to
the Purchaser and the Administrator information pertaining to invoices
evidencing Receivables (or comparable data) relating to Obligors originated by
the Seller offered for sale hereunder and which have not previously been sold to
the Purchaser, such information to be submitted electronically in the manner and
format set forth in the Servicing Agreement. Subject to the terms hereof, such
offered Receivables will be purchased (subject to satisfaction of the conditions
precedent set forth herein) if the related information has been submitted to the
Purchaser and the Administrator at least three Business Days (or such shorter
period as agreed by the Administrator, on behalf of the Purchaser) prior to the
proposed date of such Purchase, which shall be the Tuesday of each week, unless
the parties hereto upon mutual agreement designate another date as such (or if
such date is not a Business Day, the next succeeding Business Day) during the
period from the Closing Date to the Facility Termination Date. Within one
Business Day prior to the proposed Purchase Date, the Administrator on behalf of
the Purchaser, shall send to the Seller a Purchase Confirmation with the details
of the Receivables to be purchased on such date, including the Total Purchase
Price payable by the Purchaser therefor, and such other matters as set forth in
the form of Purchase Confirmation attached hereto as Annex A. Additional
Purchase Dates may be designated by the parties hereto upon mutual agreement.
Upon execution of the Purchase Confirmation by the Seller and the satisfaction
of the applicable conditions set forth in Article III, the Seller shall have
transferred the Receivables to the Purchaser as of such Purchase Date (each such
Receivable, a “Sold Receivable”).
(b)    Consideration and Payment of Cash Purchase Price and Deferred Purchase
Price. The Purchaser shall pay the following consideration to the Seller for
each Purchase of Receivables purchased by the Purchaser hereunder: (i) on the
Purchase Date, the Cash Purchase Price by a deposit in same day funds to the
Seller's account designated by the Seller; and (ii) on each Settlement Date, the
Deferred Purchase Price in accordance with the provisions of Section 2.05. For
each Purchase, the sum of the Cash Purchase Price (if any) and the Deferred
Purchase Price equals the Total Purchase Price. Payment to the Seller of the
Deferred Purchase Prices shall be made only on a Settlement Date, shall be
deferred and subordinated in accordance with and pursuant to the priority of
payments set forth herein under Section 2.05 and shall be conditional upon any
Collections remaining after payment of or provision for items payable in
priority to the payment of the Deferred Purchase Prices.
(c)    Deferred Purchase Price Ledger. The Administrator shall, on behalf of the
Purchaser, keep a ledger with appropriate entries crediting additional Deferred
Purchase Prices to the outstanding balance of the aggregate Deferred Purchase
Prices, and debiting such balance by the amount of any payments of Deferred
Purchase Prices.
(d)    Ownership of Receivables and Related Security. On each Purchase Date,
after giving effect to the Purchase on such date, the Purchaser shall own all
Receivables sold by the Seller pursuant to this Agreement as of such date
(including outstanding Receivables which have been previously sold to the
Purchaser hereunder). The Purchase of any Receivable shall include all Related
Security, Collections and proceeds with respect to such Sold Receivable.
Section 2.04    Collection Account; Collections; Deemed Collections; Repurchase
of Certain Receivables.

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(a)    The Purchaser has established the Collection Accounts in New York, which
shall be under the sole ownership and control of the Purchaser and its
assignees. The Administrator shall provide to the Seller read-only access to the
Collection Account information. The Seller agrees to instruct each Obligor to
remit all payments in respect of Sold Receivables to the Collection Account (or
into any other account designated by the Agent). If Collections of Sold
Receivables have been deposited into an account of (or are otherwise paid to or
for the account of) the Seller or its Affiliates, the Seller shall hold such
Collections for the Purchaser and deposit within two Business Days of
identification into the Collection Account (or into any other account designated
by the Agent), such Collections of Sold Receivables received by the Seller or
any of its Affiliates.
(b)    In the event that any party determines that collections which are not
Collections of Sold Receivables have been deposited into the Collection Account,
such party shall so advise the other party and, within two Business Days
following such identification and confirmation in accordance with the Credit and
Collection Policy, the Administrator, on behalf of the Purchaser, shall remit,
or shall cause to be remitted to the Seller, all collections so deposited which
are identified, to the Purchaser's reasonable satisfaction, to be collections of
Receivables but which are not, pursuant to the terms hereof, deemed to be
Collections on Sold Receivables.
(c)    To the extent that the Outstanding Balance of any Sold Receivable is
reduced or adjusted after the Purchase Date as a result of any Dilution, in
order to cure such breach and any Dilution, the Seller shall be deemed to have
received on such day a Collection of such Sold Receivable in the amount equal to
the amount of such Dilution, as applicable. The Seller shall pay to the
Purchaser on or prior to the next Settlement Date all amounts deemed to have
been received pursuant to this subsection; provided that the Administrator, on
behalf of the Purchaser, may net such amounts due against the Cash Purchase
Price, Deferred Purchase Price or other amounts payable to the Seller, as Seller
or as Servicer.
(d)    Upon discovery by the Seller or the Purchaser of a breach of any of the
representations and warranties made by the Seller in Section 4.01(e) or 4.01(g)
(other than with respect to Related Security in the form of a letter of credit)
or the covenants in Section 5.01(d) or 5.01(j)(i)(B) with respect to any Sold
Receivable, such party shall give prompt written notice thereof to the other
party, as soon as practicable and in any event within three Business Days
following such discovery. The Seller shall, upon not less than two Business
Days' notice from the Purchaser or its assignee or designee, repurchase such
Sold Receivable on the next succeeding Settlement Date for a repurchase price
equal to the Total Purchase Price (without regard to any Capital Deficiency on
the original purchase date) paid for such Sold Receivable, less any Collections
received with respect to such Sold Receivable; provided that the Administrator,
on behalf of the Purchaser, may net such amounts due against Cash Purchase
Prices, Deferred Purchase Prices or other amounts otherwise payable to the
Seller, as Seller or as Servicer. Each repurchase of a Sold Receivable shall
include the Related Security, Collections and proceeds with respect to such Sold
Receivable, and the Purchaser and the Seller shall execute a purchase
confirmation with the information specified in the form of Annex A. The proceeds
of any such repurchase shall be deemed to be a Collection in respect of such
Sold Receivable. Upon such repurchase, ownership of the Sold Receivable shall
revert to the Seller and such Receivable shall no longer be deemed to be a Sold
Receivable, but Purchaser's liability for any unpaid Deferred Purchase Price in
respect of such repurchased Receivable shall be extinguished.
(e)    Except as provided in Section 2.04(c) or 2.04(d) or as otherwise required
by applicable law or the relevant Contract, Collections received from, on behalf
of or with respect to, an Obligor in respect of Sold Receivables (including
Collections received after an Obligor has been removed from the Annex of
approved Obligors) may be applied by the Administrator to the Sold

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Receivables of such Obligor in the order of the age of such Sold Receivables
pertaining to such Obligor, starting with the oldest such Sold Receivables.
(f)    At any time on or after the date upon which the outstanding balance of
Sold Receivables is less than 5% of the maximum outstanding balance of Sold
Receivables previously outstanding hereunder, the Seller, in its capacity as
Servicer, may repurchase such remaining Sold Receivables from the Purchaser at a
price equal to the amounts necessary to effect a prepayment of the Aggregate
Investment and all other amounts owed under Section 1.7 of the Receivables Sale
Agreement. The Seller, in its capacity as Servicer, shall give the Purchaser and
the Administrator, five Business Days' notice of such repurchase.
Section 2.05    Settlement Procedures.
(a)    On each applicable Settlement Date as set forth below prior to the
Facility Termination Date, all Collections and any proceeds of fundings under
the Receivables Sale Agreement deposited into the Collection Account during the
preceding Settlement Period shall be applied where applicable by the
Administrator (or, if the Agent is then in control of any Collections, by the
Agent) in the following order:
(i)    on the last Settlement Date of each month, to the Servicer, an amount
equal to the Servicer Fee and all other amounts due and payable on such date;
(ii)    on the last Settlement Date of each month, to the Administrator, an
amount equal to the Liability Management Fee due and payable on such date;
(iii)    on each Settlement Date, to the Funding Interest Holders, pro rata, all
Funding Charges and Discount due and payable on such date;
(iv)    on the last Settlement Date of each month, to the Funding Interest
Holders, Funding Interest Agents and the Agent, pro rata, all fees due and
payable on such date;
(v)    on each Settlement Date, to the Agent and the Funding Interest Agents,
pro rata, any other amounts due and payable to the Agent and the Funding
Interest Agents under the Transaction Documents;
(vi)    on each Settlement Date, to the Funding Interest Holders, pro rata, all
other amounts due and payable to the Funding Interest Holders under the
Transaction Documents (including the principal amount of any Investment due and
owing);
(vii)    on each Settlement Date, to the Purchaser, all Incidental Expenses then
due and payable;
(viii)    on each Settlement Date, to the Seller, the Cash Purchase Prices due
for a Reinvestment Purchase on such date;
(ix)    on each Settlement Date, to any other Person (other than the Purchaser,
the Seller, the Administrator or the Servicer) to whom any amounts are owed
under the Transaction Documents until all such amounts have been paid in full;

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(x)    on each Settlement Date, to the Seller, any outstanding Deferred Purchase
Prices;
(xi)    on each Settlement Date, to the Servicer, any Additional Servicing Fee
due and payable on such date; and
(xii)    on each Settlement Date, any remaining amounts, to the Purchaser.
(b)    On each day during any Interim Liquidation and on and after the Facility
Termination Date, all Collections received on such day shall be allocated as
follows:
(i)    first, to the Servicer until all amounts then due and payable to the
Servicer under this Agreement and the Transaction Documents have been paid in
full (except for any Additional Servicing Fee then due and owing);
(ii)    second, to the Administrator, any Liability Management Fee then due and
payable;
(iii)    third, to the Agent until all reasonable costs of collection,
administration and enforcement of this Agreement owed to the Agent for its own
account have been paid in full;
(iv)    fourth, to the Funding Interest Holders, pro rata, until all
Investments, Funding Charges, if any, and Discounts owed but not already paid to
such Funding Interest Holders have been paid in full;
(v)    fifth, to the Purchaser, all Incidental Expenses then due and payable;
(vi)    sixth, to any other Person (other than the Purchaser, the Seller, the
Administrator or the Servicer) to whom any amounts are owed under the
Transaction Documents until all such amounts have been paid in full;
(vii)    seventh, to the Seller, the outstanding Deferred Purchase Prices;
(viii)    eighth, to the Servicer, any Additional Servicing Fee; and
(ix)    ninth, any remaining amounts to the Purchaser.
Section 2.06    Payments and Computations, Etc.
(a)    All amounts to be paid or deposited by the Seller hereunder shall be paid
or deposited by wire transfer initiated by the Seller no later than 12:00 noon
(New York City time) on the day when due in same day funds to an account or
accounts designated by the Purchaser from time to time.
(b)    The Seller shall pay to the Purchaser, to the extent permitted by law,
interest on any amount not paid or deposited by the Seller when due hereunder at
an interest rate per annum equal to the Default Rate, payable on demand.
(c)    All amounts to be paid or deposited by the Purchaser hereunder shall be
paid or deposited by wire transfer initiated by the Purchaser no later than
10:30 A.M. (New York City time) on the day when due in same day funds to an
account or accounts designated by the Seller from time to time.

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Section 2.07    360 Day Year. All computations of interest and all computations
of fees hereunder shall be made on the basis of a year of 360 days for the
actual number of days (including the first but excluding the last day) elapsed.
Whenever any payment or deposit to be made hereunder shall be due on a day other
than a Business Day, such payment or deposit shall be made on the next
succeeding Business Day in the same amount as would have been due had the due
date been a Business Day.
ARTICLE III
CONDITIONS OF PURCHASES
Section 3.01    Conditions Precedent to Initial Purchase from the Seller. The
initial Purchase of Receivables from the Seller hereunder is subject to the
conditions precedent that the Purchaser shall have received on or before the
date of such Purchase the following, each (unless otherwise indicated) dated
such date, in form and substance satisfactory to the Purchaser:
(a)    A certificate of an officer of the Seller certifying (i) copies of the
resolutions of the Board of Directors of the Seller authorizing this Agreement
and the related transactions and copies of all documents evidencing other
necessary company action and governmental approvals, if any, with respect to
this Agreement and the related transactions, (ii) the certificate of
incorporation and organizational bylaws of the Seller, and (iii) the names and
true signatures of the officers of the Seller authorized to sign this Agreement
and the other documents to be delivered by it hereunder.
(b)    An opinion of New York counsel for the Seller, including a favorable
opinion as to the “true sale” of the Sold Receivables contemplated hereunder.
(c)    A copy of the Policy, along with an opinion of counsel to the Insurer.
(d)    Payment of Underwriting and Transaction Costs.
Section 3.02    Conditions Precedent to All Purchases. Each Purchase (including
the initial Purchase) hereunder shall be subject to the further conditions
precedent that:
(a)    with respect to any such Purchase, on or prior to the date of such
Purchase, the Seller and the Purchaser shall have executed a fully completed
Purchase Confirmation or other written report identifying, among other things,
the list of Eligible Receivables to be included in such Purchase, and such
additional information concerning such Receivables as may reasonably be
requested by the Purchaser;
(b)    the Seller shall have marked its records to indicate that the Sold
Receivables, the Related Security and the Collections with respect thereto, have
been sold in accordance with this Agreement;
(c)    on the date of such Purchase the following statements shall be true (and
the Seller, by accepting the Cash Purchase Price and Deferred Purchase Price as
consideration for such Purchase, shall be deemed to have certified that):
(i)    the representations and warranties contained in Section 4.01 and the
related Purchase Confirmation are correct on and as of the date of such Purchase
as though made on and as of such date,

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(ii)    no event has occurred and is continuing, or would result from such
Purchase, that constitutes an Event of Termination or an Incipient Event of
Termination;
(d)    after giving effect to such Purchase, all Other Amounts owing to the
Purchaser have been paid;
(e)    the Facility Termination Date shall not have occurred;
(f)    such Purchase (when aggregated with all other outstanding and concurrent
Purchases hereunder by the Purchaser and all other outstanding and concurrent
purchases under each other Transaction Document providing for the purchase of
Receivables by the Purchaser from any Affiliate of the Seller) shall not cause
the Facility Limit or any Obligor Limit to be exceeded; and
(g)    the Purchaser shall have received such other approvals, opinions or
documents as the Purchaser shall have been reasonably required by a funding
source to request.
ARTICLE IV
REPRESENTATIONS AND WARRANTIES
Section 4.01    Representations and Warranties of the Seller. On the Closing
Date, as well as on each Purchase Date, the Seller represents and warrants as
follows:
(a)    The Seller is a corporation duly organized and validly existing under the
laws of the State of Virginia, and is duly qualified to do business in every
jurisdiction where the nature of its business requires it to be so qualified,
except where failure to so qualify would not be likely to materially adversely
affect the Purchaser's rights hereunder.
(b)    The execution, delivery and performance by the Seller of this Agreement
and the other documents to be delivered by it hereunder, including the Seller's
sale of Receivables hereunder and the Seller's use of the proceeds of Purchases,
(i) are within the Seller's powers, (ii) have been duly authorized by all
necessary company action, (iii) do not contravene (1) the Seller's
organizational documents, (2) any law, rule or regulation applicable to the
Seller, (3) any contractual restriction (except as otherwise provided in Section
5.01(j)(i)(B)) binding on or affecting the Seller or its property or (4) any
order, writ, judgment, award, injunction or decree binding on or affecting the
Seller or its property, and (iv) do not result in or require the creation of any
lien, security interest or other charge or encumbrance upon or with respect to
any of its properties (except for the transfer of the Seller's interest in the
Sold Receivables pursuant to this Agreement). This Agreement has been duly
executed and delivered by the Seller.
(c)    No authorization or approval or other action by, and no notice to or
filing with, any governmental authority or regulatory body is required to be
obtained, taken, given or made by the Seller for the due execution, delivery and
performance by the Seller of this Agreement or any other document to which it is
a party to be delivered by it hereunder.
(d)    This Agreement constitutes the legal, valid and binding obligation of the
Seller enforceable against the Seller in accordance with its terms, subject to
applicable bankruptcy, insolvency, reorganization, moratorium or other similar
laws affecting creditor's rights generally.
(e)    Each Receivable sold hereunder is an Eligible Receivable.

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(f)    No proceeds of any Purchase will be used, directly or indirectly by the
Seller, for the purpose, whether immediate, incidental or ultimate, of buying or
carrying any “margin stock” within the meaning of Regulation U of the Board of
Governors of the Federal Reserve System of the United States of America, as the
same is from time to time in effect, and all official rulings and
interpretations thereunder or thereof.
(g)    Sales of Sold Receivables by the Seller pursuant to this Agreement will
constitute a valid sale, transfer, and assignment of the Sold Receivables to the
Purchaser, enforceable against creditors of, and purchasers from, the Seller.
The Seller shall have no remaining property interest in any Sold Receivable,
Related Security or Collections. Immediately prior to the sale of each Sold
Receivable hereunder, the Seller is the legal and beneficial owner of each such
Sold Receivable, free and clear of any Adverse Claim (other than any Adverse
Claim arising solely as the result of any action taken by or on behalf of the
Purchaser). When the Purchaser makes a Purchase it shall acquire valid and
perfected first priority ownership of each Sold Receivable, Related Security and
the Collections with respect thereto free and clear of any Adverse Claim arising
as the result of any action taken or not taken by the Seller, and no effective
financing statement or other instrument similar in effect covering any Sold
Receivable, any interest therein, the Related Security or the Collections with
respect thereto is on file in any recording office except such as may be filed
in favor of the Purchaser in accordance with this Agreement or in connection
with any Adverse Claim arising solely as the result of any action taken by or on
behalf of the Purchaser.
(h)    All information and each report, exhibit, financial statement, document,
book, record or report furnished or to be furnished in writing at any time by
the Seller to the Purchaser in connection with this Agreement is or will be
accurate in all material respects as of its date or (except as otherwise
disclosed to the Purchaser at such time) as of the date so furnished (and does
not omit any information necessary to make the information contained therein not
misleading under the circumstances).
(i)    The principal place of business and chief executive office of the Seller
and the office where the Seller keeps its records or has access to such records
concerning the Sold Receivables are located at the addresses referred to in
Section 5.01(b). The Seller's chief executive office and principal place of
business has not changed within the past 12 months.
(j)    The Seller is not known by and does not use any tradename or
doing-business-as name, except for Dimon International AG, Intabex SA,
Carrington Michaux, Trans-Continental Leaf Tobacco Corporation Ltd,
Trans-Continental Leaf Tobacco Corporation AG (TCLTC AG), W.A. Adams Company and
Trans-Continental Leaf Tobacco Corporation SA.
(k)    There are no actions, suits or other proceedings (including matters
relating to environmental liability) pending or threatened against or affecting
the Seller, or any of its properties, that (i) if adversely determined
(individually or in the aggregate), may have a material adverse effect on the
financial condition of the Seller or on the collectability of a material portion
of the Sold Receivables or (ii) involve this Agreement or any transaction
contemplated hereby. The Seller is not in default of any contractual obligation
or in violation of any order, rule or regulation of any governmental authority,
which default or violation may have a material adverse effect upon (i) the
financial condition of the Seller or (ii) the insurance of any Eligible
Receivables under the Policy.
(l)    The balance sheets of the Seller and its consolidated Subsidiaries as at
December 31, 2011, and the related statements of income and retained earnings of
the Seller and its consolidated Subsidiaries as of and for the fiscal year then
ended, copies of which have been furnished to the Purchaser, fairly present the
financial condition of the Seller and its consolidated Subsidiaries as at

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such date and the results of the operations of the Seller and its consolidated
Subsidiaries for the period ended on such date, prepared on a basis consistent
with generally accepted accounting principles consistently applied. From
December 31, 2011 to the date of this Agreement, other than as publicly
disclosed by the Seller in SEC filings on Form 8K, Form 10‑Q and amendments to
Form 10‑Q made prior to the date of this Agreement, there has been no material
adverse change in the business, operations, property or financial or other
condition of the Seller (it being understood that (i) a change in the debt
ratings of the Seller does not, in and of itself, constitute a material adverse
change and (ii) this representation is made only as of the date of this
Agreement).
(m)    There is no pending or, to the best knowledge of the Seller, threatened
action or proceeding affecting the Seller or any of its Subsidiaries before any
court, governmental agency or arbitrator which is reasonably likely to have a
material adverse effect, except as disclosed in the financial statements or
filings referred to in Section 4.01(l).
(n)    No transaction contemplated hereby requires compliance with any bulk
sales act or similar law.
(o)    All financing statements necessary in order to perfect the Purchaser's
ownership interest in the Receivables have been prepared and filed.
(p)    The sales of Receivables by the Seller to the Purchaser pursuant to this
Agreement, and all other transactions between the Seller and the Purchaser, have
been and will be made in good faith and without intent to hinder, delay or
defraud creditors of the Seller. Each such sale has been made for “reasonably
equivalent value” (as such term is used in Section 548 of the United States
Bankruptcy Code) and not for or on account of “antecedent debt”(as such term
used in Section 547 of the United States Bankruptcy Code) owed by the Seller to
the Purchaser.
(q)    In selecting the Eligible Receivables to be sold hereunder, the Seller
has not used any selection criteria that are materially adverse to the Purchaser
or its assignees.
Section 4.02    Representations and Warranties of the Purchaser. On the Closing
Date, as well as on each Purchase Date, the Purchaser represents and warrants as
follows:
(a)    The Purchaser is a Delaware limited liability company duly organized,
validly existing and in good standing under the laws of the state of its
formation, and is duly qualified to do business, and is in good standing, in
every jurisdiction where the nature of its business requires it to be so
qualified, except where failure to so qualify would not be likely to materially
adversely affect Purchaser's rights hereunder.
(b)    The execution, delivery and performance by the Purchaser of this
Agreement and the other documents to be delivered by it hereunder, including the
Purchaser's purchase of Receivables hereunder and the Purchaser's payment of the
Total Purchase Price for Purchases, (i) are within the Purchaser's company
powers, (ii) have been duly authorized by all necessary corporate action,
(iii) do not contravene (1) the Purchaser's organizational documents, (2) any
law, rule or regulation applicable to the Purchaser, (3) any contractual
restriction binding on or affecting the Purchaser or its property or (4) any
order, writ, judgment, award, injunction or decree binding on or affecting the
Purchaser or its property. This Agreement has been duly executed and delivered
by the Purchaser.
(c)    No authorization or approval or other action by, and no notice to or
filing with, any governmental authority or regulatory body is required for the
due execution, delivery and performance by the Purchaser of this Agreement or
any other document to be delivered by it hereunder.

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(d)    This Agreement constitutes the legal, valid and binding obligation of the
Purchaser enforceable against the Purchaser in accordance with its terms,
subject to applicable bankruptcy, insolvency, reorganization, moratorium or
other similar laws affecting creditor's rights generally.
ARTICLE V
COVENANTS
Section 5.01    Covenants of the Seller. From the date hereof until the first
day following the Facility Termination Date on which all of the Sold Receivables
are collected in full:
(a)    Compliance with Laws, Etc. The Seller will comply in all respects with
all applicable laws, rules, regulations and orders and preserve and maintain its
corporate existence, rights, franchises, qualifications and privileges except to
the extent that the failure so to comply with such laws, rules, regulations and
orders, or the failure so to preserve and maintain such rights, franchises,
qualifications, and privileges would not materially adversely affect the
collectability of the Sold Receivables or the ability of the Seller to perform
its obligations under this Agreement.
(b)    Offices, Records, Name and Organization. The Seller will keep its
principal place of business and chief executive office and the office where it
keeps its records or has access to such records concerning the Sold Receivables
at the addresses of the Seller set forth in Section 9.02, or, upon 30 days'
prior written notice to the Purchaser, at any other locations within the United
States. The Seller will not change its name or its jurisdiction of organization,
unless (i) the Seller shall have provided the Purchaser with at least 30 days'
prior written notice thereof and (ii) no later than the effective date of such
change, all actions required to be taken by the Seller under Section 5.01(j)
shall have been taken and completed. The Seller also will maintain and implement
administrative and operating procedures (including, without limitation, an
ability to recreate records evidencing Sold Receivables and related Contracts in
the event of the destruction of the originals thereof), and keep and maintain
all documents, books, records and other information reasonably necessary or
advisable for the collection of all Sold Receivables (including, without
limitation, records adequate to permit the daily identification of each new Sold
Receivable and all Collections of and adjustments to each existing Sold
Receivable). The Seller shall make a notation in its records relating to Sold
Receivables to indicate that such Sold Receivables have been sold to the
Purchaser hereunder.
(c)    Performance and Compliance with Contracts and Credit and Collection
Policy. The Seller will, at its expense, timely and fully perform and comply
with all material provisions, covenants and other promises required to be
observed by it under the Contracts related to the Sold Receivables, and timely
and fully comply in all material respects with the Credit and Collection Policy
in regard to each Sold Receivable and the related Contract.
(d)    Sales, Liens, Etc. Except for the sales of Receivables contemplated
herein, the Seller will not sell, assign (by operation of law or otherwise) or
otherwise dispose of, or create or suffer to exist any Adverse Claim upon or
with respect to, any Sold Receivable, Related Security or Collections, or upon
or with respect to any account to which any Collections of any Sold Receivable
are sent, or assign any right to receive income in respect thereof.
(e)    Nondisturbance of Sold Receivables. Except as permitted under the
Servicing Agreement, the Seller will not modify the terms of any Sold
Receivable, or amend, modify or waive any term or condition of any Contract
related thereto in a way that would impair such Sold Receivable, or otherwise
materially adversely interfere with the Purchaser's rights in the Sold
Receivable.

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(f)    Change in Business or Credit and Collection Policy. The Seller will not
make any change in its business or in the Credit and Collection Policy that
would, in either case, materially adversely affect the collectability of the
Sold Receivables or the ability of the Seller to perform its obligations under
this Agreement, unless the Purchaser shall have consented to such change (such
consent not to be unreasonably withheld).
(g)    Change in Payment Instructions to Obligors. The Seller will not make any
change in its instructions to the Obligors regarding payments in respect of Sold
Receivables to be made to the Collection Account unless the Administrator shall
have consented to such change.
(h)    Deposits to the Collection Account. The Seller will instruct all Obligors
to remit all their payments in respect of Sold Receivables into the Collection
Account. If the Seller shall receive any Collections in respect of Sold
Receivables directly, it shall comply with its obligations as set forth in
Section 2.04(a).
(i)    Inspections. Subject to the confidentiality provisions of this Agreement,
the Seller will, upon reasonable prior notice from the Purchaser or the
Administrator, from time to time during regular business hours, as requested by
the Administrator, the Insurer and/or the Purchaser or, subject to Section
9.03(a) hereof, its assigns, permit the Administrator, the Insurer and/or the
Purchaser, or any of its agents, representatives or assigns, (i) to examine and
make copies of and abstracts from all books, records and documents (including,
without limitation, computer tapes and disks) in the possession or under the
control of the Seller relating to Sold Receivables and the Related Security,
including, without limitation, the related Contracts, except as otherwise
provided in Section 5.01(j)(i)(B), and (ii) to visit the offices and properties
of the Seller for the purpose of examining such materials described in clause
(i) above, and to discuss matters relating to the Credit and Collection Policy,
Sold Receivables and the Related Security, the Seller's performance hereunder or
under the Contracts, with any of the officers or employees of the Seller having
knowledge of such matters. Prior to an Event of Termination, the Seller shall be
obligated to pay the cost of no more than one such inspection per year (such
cost not to exceed $25,000 per year), and after an Event of Termination (other
than under Section 7.01(f) or (h)), the Seller shall pay for all such
inspections.
(j)    Further Assurances.  
(i)    (A) The Seller agrees from time to time, at its expense, promptly to
execute and deliver all further instruments and documents (including powers of
attorney), and to take all further actions, that may be reasonably necessary or
desirable, or that the Purchaser or its assignee may reasonably request, to
perfect, protect or more fully evidence the sale of Receivables under this
Agreement, or to enable the Administrator, Insurer and/or the Purchaser or its
assignee to exercise and enforce its respective rights and remedies under this
Agreement. Without limiting the foregoing, the Seller will, upon the request of
the Administrator, the Insurer or the Purchaser or its assignee, (I) execute and
file such financing or continuation statements, or amendments thereto, and such
other instruments and documents, that may be reasonably necessary or desirable
to perfect, protect or evidence such Sold Receivables; and (II) allow any of
them to review and receive copies of all Contracts relating to the Sold
Receivables and all records relating to such Contracts and the Sold Receivables,
whether in hard copy or in magnetic tape or diskette format (which if in
magnetic tape or diskette format shall be compatible with the Purchaser's
computer equipment). (B) Notwithstanding anything herein to the contrary, if a
Receivable arises under a Contract which contains any such provision purporting
to limit the right to review the Contract, the Seller of such Receivable shall
not be required to provide a copy of such Contract or to permit review or
inspection thereof under this

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Agreement; provided that the Seller covenants that it shall promptly provide the
Insurer a copy of such Contract upon the Insurer's request in connection with
any claim filing under the Policy for the related Receivable.
(ii)    The Seller authorizes the Purchaser or its assignee to file financing or
continuation statements, and amendments thereto and assignments thereof,
relating to the Sold Receivables and the Related Security, and the Collections
with respect thereto.
(iii)    The Seller shall perform its obligations under the Contracts (if any)
related to the Sold Receivables to the same extent as if the Sold Receivables
had not been sold or transferred and the exercise by the Purchaser of its rights
hereunder shall not relieve the Seller from such obligations.
(iv)    The Seller shall, promptly, after becoming aware of any event that has
resulted in or would reasonably be expected to result in a material adverse
change in the business, operations, property or financial or other condition of
the Seller, notify the Purchaser and the Administrator of such event.
(v)    In the event that any Insolvency Event has occurred with respect to the
Seller, the Seller shall immediately (and in any event within three Business
Days) notify the Purchaser and the Administrator of such event.
(vi)    The Seller agrees that it shall not materially adversely disrupt or
otherwise interfere with any permitted assignee or subrogee of the Purchaser
(including, but not limited to, the Insurer) that seeks to effectuate its rights
as assignee or subrogee.
(k)    Reporting Requirements. The Seller will provide to the Purchaser the
following:
(i)    as soon as available and in any event within 60 days after the end of
each of the first three quarters of each fiscal year of the Seller, quarterly
financial statements of the Seller and its consolidated Subsidiaries, prepared
on a basis consistent with US GAAP;
(ii)    as soon as available and in any event within 120 days after the end of
each fiscal year of the Seller, a copy of the audited financial statements of
the Seller, including the accompanying auditor's report thereon;
(iii)    as soon as possible and in any event within two Business Days after
such officer obtains knowledge of the occurrence of each Event of Termination or
Incipient Event of Termination, a statement of a director of the Seller setting
forth details of such Event of Termination or Incipient Event of Termination and
the action that the Seller has taken or proposes to take with respect thereto;
(iv)    promptly after the sending or filing thereof, copies of all reports that
the Seller sends to any of its shareholders generally and if the Seller no
longer is a public reporting company or is not filing the required reports,
copies of all reports and registration statements (if any) (other than
registration statements related to offerings to directors, officers or
employees) that the Seller files with the Securities and Exchange Commission or
any national securities exchange;

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(v)    at least 30 days prior to any change in the Seller's name or the Seller's
jurisdiction of incorporation, a notice setting forth the new name or state of
incorporation and the effective date thereof; and
(vi)    such other information respecting the Sold Receivables or regarding the
financial conditions, operations or business affairs of the Seller as the
Purchaser may from time to time reasonably request.
(l)    Separate Conduct of Business. The Seller will: (i) not hold itself out as
having agreed to pay, or as being liable for, the obligations of the Purchaser;
and (ii) maintain (for at least two years after the termination of this
Agreement), as official records the resolutions, agreements and other
instruments underlying the transactions contemplated by this Agreement
(including information about the Obligors); and the Seller agrees that the Sold
Receivables have been sold and are not available to pay its creditors.
(m)    Obligor Information. The Seller will, at its reasonable expense, promptly
following a request by any of the Administrator, the Purchaser or its permitted
assignees, provide written and other information (financial and otherwise) to
such requesting party concerning the Obligors (or any thereof), to the extent
such information is in the Seller's possession or readily available to it and
the Seller is not restricted from providing such information under an applicable
confidentiality obligation.
(n)    Obligor Insolvency Event. The Seller agrees that, following the Seller
learning of the occurrence of any Insolvency Event with respect to any
Obligor(s), the Seller will immediately (and in any event within five Business
Days) notify the Purchaser and the Administrator of such event.
(o)    Notices. Immediately upon becoming aware of any of the following, the
Seller will notify the Administrator and the Agent and provide a description of:
(i)    Ratings Downgrade. The occurrence of any downgrade in the long-term debt
rating of Seller by any nationally recognized statistical rating organization;
(ii)    Litigation. The institution of any litigation, arbitration proceeding or
governmental proceeding reasonably likely to be material to the Seller or the
collectability or quality of a material portion of the Sold Receivables or
relating to the Policy;
(iii)    Judgments. The entry of any judgment, award or decree against the
Seller;
(iv)    Changes in Business. Any change in, or proposed change in, the character
of the Seller's business that could impair the collectability or quality of any
Sold Receivable or the coverage of any Sold Receivable under the Policy;
(v)    Policy. Copies of all notices and communications received by the Seller
or the Administrator from the Insurer or sent by the Seller or the Administrator
to the Insurer, in each case, relating to the Policy, including without
limitation, any notice for any failure of the Insurer to make payment with
respect to a claim submitted under the Policy.

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(p)    Taxes. The Seller shall pay out of its own funds, without reimbursement,
all costs and expenses relating to any stamp, documentary, excise, property or
any similar tax levied in respect of Sold Receivables.
Section 5.02    Intention of the Parties; Security Interest. The Seller and the
Purchaser have structured this Agreement with the intention that each Purchase
of Receivables hereunder be treated as a sale of such Receivables by the Seller
to the Purchaser for all purposes, and as a factoring arrangement without
recourse. The Seller and the Purchaser shall record each Purchase as a sale or
purchase, as the case may be, on its books and records, and reflect each
Purchase in its financial statements and tax returns as a sale or purchase, as
the case may be, unless otherwise required by applicable accounting principles
or tax regulations.
(a)     In the event that the conveyances hereunder are determined not to
constitute a true and absolute sale of the Receivables, the Seller hereby grants
to the Purchaser, for further assignment to the Agent (for its own benefit and
for the ratable benefit of the Funding Interest Holders), a first priority
security interest in all right, title and interest of the Seller in, to and
under (whether such property is now owned or hereafter acquired by, or arising
in favor of, the Seller and wheresoever such property may be located) all Sold
Receivables, Related Security, Collections, the Policy, the Insurance Payments
and the Blocked Accounts, and all proceeds of each of the foregoing, to secure
the repayment of funds advanced hereunder by the Purchaser, Yield, fees and any
other amounts owing hereunder by the Seller.
(b)    The Seller consents to the assignment by the Purchaser to the Agent (for
the benefit of the Agent, Funding Interest Holders, Funding Interest Agents and
any other Person to whom any amount is owed by the Purchaser), of all of the
Purchaser's right, title and interest in, to and under the Servicing Agreement
and this Agreement.
(c)    The Seller shall execute, file and record all financing statements,
continuation statements and other documents required to perfect or protect the
conveyances of Receivables hereunder.
(d)    This Agreement is a security agreement for purposes of the UCC. Upon the
occurrence of a Termination Event, the Agent will have all rights and remedies
of a secured party provided under the UCC after default as in effect in all
applicable jurisdictions, subject to determination as to whether this Agreement
relates to a sale of accounts or a pledge of such accounts.
Section 5.03    Covenants of the Purchaser. The Purchaser shall at all times
comply in all material respects with all of its duties and obligations under and
in connection with the Receivables Sale Agreement. The Purchaser agrees not to
amend or consent to the amendment of the Receivables Sale Agreement in a manner
which would have a material adverse effect on the Seller, unless the prior
written consent of the Seller shall have been obtained (such consent not to be
unreasonably withheld).
ARTICLE VI
ADMINISTRATION AND COLLECTION
Section 6.01    Designation of Administrator and Servicer. The servicing,
administration and collection of the Sold Receivables shall be conducted in
accordance with the Servicing Agreement and with the Credit and Collection
Policy agreed to by the parties, by Finacity Corporation, as Administrator and
Backup Servicer (or such successor Administrator and Backup Servicer as so
designated by the Agent in accordance with the Receivables Sale Agreement) and
by Alliance One

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International AG, as Servicer (or such successor Servicer as so designated in
accordance with the Servicing Agreement).
Section 6.02    Administrator Reports. The Administrator shall prepare and
forward to the Purchaser, the Seller and the Agent Period Reports in the forms
of Annex B hereto on the tenth day of each month, or if not a Business Day, the
next Business Day (for the monthly reports) and two Business Days prior to the
Tuesday of each week (for the weekly reports).
Section 6.03    Certain Rights of the Purchaser.
(a)    The Purchaser may, at any time after an Event of Termination (other than
under Section 7.01(f)  or (h)) give notice of ownership and/or direct the
Obligors of Sold Receivables and any Person obligated on any Related Security,
or any of them, that payment of all amounts payable under any Sold Receivable
shall be made directly to the Purchaser or its designee.
(b)    Except as otherwise provided in Section 5.01(j)(i)(B), (i) at Purchaser's
request and at the Seller's expense, the Seller shall  assemble all of the
documents, instruments and other records (including, without limitation,
computer tapes and disks) that evidence or relate to the Sold Receivables, and
the Related Security, or that are otherwise necessary or desirable to collect
the Sold Receivables, and shall make the same available to the Purchaser at the
Seller's place of business and (ii) the Purchaser shall also have the right to
receive from the Seller copies of all such documents, instruments and other
records at any time.
Section 6.04    Seller Agreements.
(a)    Subject to the terms of the Servicing Agreement, the Seller authorizes
the Purchaser to take any and all steps in the Seller's name and on behalf of
the Seller that are necessary or desirable, in the reasonable determination of
the Purchaser, to collect amounts due under the Sold Receivables, including,
without limitation, endorsing the Seller's name on checks and other instruments
representing Collections of Sold Receivables and enforcing the Sold Receivables
and the Related Security.
(b)    The Purchaser shall not have any obligation or liability with respect to
any Sold Receivables or related Contracts, nor shall the Purchaser be obligated
to perform any of the obligations of the Seller thereunder.
(c)    The Seller shall cooperate with the Purchaser, the Administrator and
Insurer in collecting amounts due from Obligors in respect of the Sold
Receivables. Seller shall designate an employee to act as a
single-point-of-contact liaison, and inform the Administrator of any change in
contact information.
ARTICLE VII
EVENTS OF TERMINATION
Section 7.01    Events of Termination. If any of the following events (“Events
of Termination”) shall occur and be continuing:
(a)    The Seller shall fail to make any payment required under the Agreement
when due and such failure shall remain unremedied for three Business Days; or

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(b)    Any representation or warranty (other than those covered under Section
2.04(c) or 2.04(d)) made or deemed made by the Seller (or any of its respective
officers) under or in connection with this Agreement or any information or
report delivered by the Seller pursuant to this Agreement shall have been
incorrect or untrue in any material respect when made or deemed made or
delivered; or
(c)    The Seller shall fail to perform or observe any other term, covenant or
agreement contained in this Agreement on its part to be performed or observed
and any such failure shall remain unremedied for twenty days (or with respect to
any covenant contained in Section 5.01(a), (b), (h), (i), (j)(ii)-(vi), (k),
(m), (n), (o) or (p), any such failure shall remain unremedied for five Business
Days, or, with respect to any covenant contained in Section 5.01(d), (e), (g),
(h) or (j)(i), upon such failure to so comply with such covenant), in each case
upon the earlier of actual knowledge or after written notice thereof shall have
been given to the Seller by the Purchaser, the Administrator or its assignees;
or
(d)    Any Purchase of Receivables hereunder, the Related Security and the
Collections with respect thereto shall for any reason cease to constitute valid
and perfected ownership of such Receivables, Related Security and Collections
free and clear of any Adverse Claim of the Seller, its receiver, conservator or
trustee, or any of its creditors; or
(e)    The Seller shall generally not pay its debts as such debts become due, or
shall admit in writing its inability to pay its debts generally, or shall make a
general assignment for the benefit of creditors; or any proceeding shall be
instituted by or against the Seller seeking to adjudicate it a bankrupt or
insolvent, or seeking liquidation, winding up, reorganization, arrangement,
adjustment, protection, relief, or composition of it or its debts under any law
relating to bankruptcy, insolvency or reorganization or relief of debtors, or
seeking the entry of an order for relief or the appointment of a receiver,
trustee, custodian or other similar official for it or for any substantial part
of its property and, in the case of any such proceeding instituted against it
(but not instituted by it), either such proceeding shall remain undismissed or
unstayed for a period of 90 days, or any of the actions sought in such
proceeding (including, without limitation, the entry of an order for relief
against, or the appointment of a receiver, trustee, custodian or other similar
official for, it or for any substantial part of its property) shall occur; or
the Seller shall take any action to authorize any of the actions set forth above
in this subsection (e); or
(f)    There is a “Termination Event” under the Receivables Sale Agreement;
(g)    There shall have occurred any material adverse change in the financial
condition or results of operations of the Seller since December 31, 2011, or
there shall have occurred any event which materially adversely affects the
collectability of the Sold Receivables or the ability of the Purchaser to
collect Sold Receivables; or
(h)    The failure of the Seller to maintain shareholder's equity of at least
$100 million.
then, the Facility Termination Date shall have occurred automatically in the
case of (e) above, and in any such other event, the Administrator, on behalf of
the Purchaser may, by notice to the Seller, declare the Facility Termination
Date to have occurred (in which case the Facility Termination Date shall be
deemed to have occurred). Upon any such occurrence or declaration, the Purchaser
shall have, in addition to the rights and remedies under this Agreement, all
other rights and remedies with respect to the Receivables provided after default
under the UCC and under other applicable law, which rights and remedies shall be
cumulative.

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ARTICLE VIII
INDEMNIFICATION
Section 8.01    Indemnities by the Seller. Without limiting any other rights
which the Purchaser may have hereunder or under applicable law, the Seller
hereby agrees to indemnify the Purchaser and its assigns and transferees,
including the Funding Interest Agents (each, an “Indemnified Party”) from and
against any and all damages, claims, losses, liabilities and related costs and
expenses, including reasonable attorneys' fees and disbursements (all of the
foregoing being collectively referred to as “Indemnified Amounts”), awarded
against or incurred by any Indemnified Party arising out of any breach of this
Agreement or the Servicing Agreement by the Seller, or the purchase of any Sold
Receivables or in respect of any Sold Receivable or any Contract, including,
without limitation, arising out of or as a result of:
(i)    any representation or warranty or statement made or deemed made by the
Seller (or any of its officers) under or in connection with this Agreement or
the Servicing Agreement which shall have been incorrect in any material respect
when made or deemed made;
(ii)    the failure by the Seller to comply with any applicable law, rule or
regulation with respect to any Sold Receivable or the related Contract; or the
failure of any Sold Receivable or the related Contract to conform to any such
applicable law, rule or regulation;
(iii)    the failure to vest in the Purchaser valid and perfected ownership of
the Receivables that are, or that purport to be, the subject of a Purchase under
this Agreement and Collections in respect thereof, free and clear of any Adverse
Claim;
(iv)    any claim resulting from the sale or purported sale of a Receivable
notwithstanding any provision in the related Contract that requires the consent
of the applicable Obligor to the transfer, sale or assignment of the rights to
payment thereunder, or any other claim resulting from the sale of the goods
and/or services related to such Receivable or the furnishing or failure to
furnish such goods and/or services (except to the extent relating to collection
activities with respect to such Receivable other than collection activities
performed by the Seller as Servicer);
(v)    any failure of the Seller to perform its duties or obligations in
accordance with the provisions of this Agreement or the Servicing Agreement or
to perform its duties or obligations under any Contract related to a Sold
Receivable;
(vi)    any products liability or other claim arising out of or in connection
with merchandise, insurance or services which are the subject of any Contract
relating to a Sold Receivable;
(vii)    the commingling of Collections of Sold Receivables by the Seller or a
designee of the Seller at any time with other funds of the Seller or an
Affiliate of the Seller;
(viii)    any failure of the Seller to comply with its covenants contained in
this Agreement or the Servicing Agreement;

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(ix)    any Sold Receivable that is a Fraudulent Receivable;
(x)    any dispute, claim, offset or defense (other than discharge in bankruptcy
of the Obligor) of the Obligor to the payment of any Receivable that is, or
purports to be, the subject of a Purchase under this Agreement (including,
without limitation, a defense based on such Receivable or the related Contract
not being a legal, valid and binding obligation of such Obligor enforceable
against it in accordance with its terms);
(xi)    any investigation, litigation or proceeding (actual or threatened)
related to this Agreement or the purchase or contribution of any Sold Receivable
or the use of proceeds of the Purchases or the ownership of Receivables, the
Related Security, or Collections with respect thereto or in respect of any
Receivable, Related Security or Contract;
(xii)    any claim brought by any Person other than an Indemnified Party arising
from any activity by the Seller or any Affiliate of the Seller in servicing,
administering or collecting any Sold Receivable; or
(xiii)    any increased costs incurred by the Purchaser and imposed by its
funding sources to compensate them for changes in capital requirements,
indemnifiable taxes or interest rate index reserve requirements. The Purchaser
agrees to request its funding sources to supply a certification as to the
reasons for and calculation of the amount of any such increased costs under the
Receivables Sale Agreement and to provide a copy of such certification to the
Seller.
It is expressly agreed and understood by the parties hereto (i) that the
foregoing indemnification is not intended to, and shall not, constitute a
guarantee of the collectability or payment of the Sold Receivables and (ii) that
nothing in this Section 8.01 shall require the Seller to indemnify any Person
(A) for damages, losses, claims or liabilities or related costs or expenses to
the extent found in a judgment of a court of competent jurisdiction to have
resulted from such Person's breach, gross negligence or willful misconduct,
(B) for any income taxes or franchise taxes incurred by such Person arising out
of or as a result of this Agreement or in respect of any Sold Receivable or any
Contract, to the extent such Person engages in a trade or business in the taxing
jurisdiction or (C) for Indemnified Amounts to the extent directly and
principally arising from legal proceedings against any Indemnified Party by a
Person solely in its capacity as a security holder or creditor of such
Indemnified Party.
Section 8.02    Costs, Expenses and Taxes.
(a)    In addition to the rights of indemnification granted under Section 8.01
hereof, and subject to the limitations in Section 5.01(i); the Seller agrees to
pay on demand all costs and expenses in connection with the periodic inspections
and the other activities contemplated in Sections 5.01 (i) and (j) of this
Agreement.
(b)    On the initial Purchase Date, the Cash Purchase Price payable to the
Seller for the related Purchase will be offset by the amount of the Underwriting
and Transaction Costs, and any upfront premiums payable under the Policy, which
shall be distributed by the Purchaser to the parties specified by the
Administrator as soon as practicable on or after the initial Purchase Date.

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ARTICLE IX
MISCELLANEOUS
Section 9.01    Amendments, Etc. Except as otherwise provided herein, no
amendment or waiver of any provision of this Agreement or consent to any
departure by either party therefrom shall be effective unless in a writing
signed by the other party and consented to by the Agent and the Funding Interest
Agents, and then such amendment, waiver or consent shall be effective only in
the specific instance and for the specific purpose for which given. No failure
on the part of either party to exercise, and no delay in exercising, any right
hereunder shall operate as a waiver thereof; nor shall any single or partial
exercise of any right hereunder preclude any other or further exercise thereof
or the exercise of any other right.
Section 9.02    Notices, Etc. All notices and other communications hereunder
shall, unless otherwise stated herein, be in writing (which shall include
facsimile communication) and be faxed or delivered, to each party hereto, at its
address set forth below or at such other address as shall be designated by such
party in a written notice to the other parties hereto (it being understood that
the effectiveness of any Purchase Confirmation requires the execution of written
copies thereof).
(a)    if to the Seller: Alliance One International, Inc., 8001 Aerial Center
Parkway, Post Office Box 2009, Morrisville, NC 27560-2009, Attn: Treasurer.
(b)    if to the Purchaser: Finacity Receivables 2006-2, LLC, c/o Finacity
Corporation, 281 Tresser Blvd., 11th Floor, Stamford, CT 06901, Attention: Mike
Rogers; Facsimile No.: 203-428-3904.
Notices and communications by facsimile shall be effective when sent (and shall
be followed by hard copy sent by regular mail), and notices and communications
sent by other means shall be effective when received.
Section 9.03    Binding Effect; Assignability.
(a)    This Agreement shall be binding upon and inure to the benefit of the
Seller and the Purchaser and their respective successors and permitted assigns;
provided, however, that neither party may assign its rights or obligations
hereunder or any interest herein without the prior written consent of the other
party. Notwithstanding the foregoing, the Seller acknowledges, agrees and
consents to the further sale, pledge or other assignment of the Purchaser's
rights hereunder to its funding sources or a collateral agent on behalf of the
Purchaser and its assignees. In connection with any sale, pledge or assignment
by the Purchaser of all or a portion of the Sold Receivables, the buyer or
assignee, as the case may be, shall, to the extent of its purchase or
assignment, have all rights of the Purchaser under this Agreement (as if such
buyer or assignee, as the case may be, were the Purchaser hereunder) except to
the extent specifically provided in the agreement between the Purchaser and such
buyer or assignee, as the case may be.
(b)    This Agreement shall create and constitute the continuing obligations of
the parties hereto in accordance with its terms, and shall remain in full force
and effect until such time, after the Facility Termination Date, when all of the
Sold Receivables are collected in full; provided, however, that rights and
remedies with respect to any breach of any representation and warranty made by
the Seller pursuant to Article IV and the provisions of Article VIII and
Sections 9.04, 9.05 and 9.06 shall be continuing and shall survive any
termination of this Agreement.

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Section 9.04    Taxes. The Seller agrees to pay any and all stamp and other
taxes and fees payable in connection with the execution, delivery, filing and
recording of this Agreement or the other documents or agreements to be delivered
hereunder, and the Seller agrees to save each Indemnified Party harmless from
and against any liabilities with respect to or resulting from any delay in
paying or omission to pay such taxes and fees. All such amounts shall be without
duplication to amounts otherwise payable hereunder.
Section 9.05    No Proceedings. The Seller hereby agrees that it will not
institute against the Purchaser any proceeding of the type referred to in
Section 7.01(e) so long as there shall not have elapsed one year plus one day
since the later of (i) the Facility Termination Date and (ii) the date on which
all of the Sold Receivables are collected in full.
Section 9.06    Confidentiality. Unless otherwise required by applicable law,
each party hereto agrees to maintain the confidentiality of this Agreement and
all documents, information and materials disclosed or delivered hereunder in
communications with third parties and otherwise; provided that this Agreement
may be disclosed to (i) any rating agency, (ii) third parties to the extent such
disclosure is made pursuant to a written agreement of confidentiality in form
and substance reasonably satisfactory to the other party hereto, and (iii) such
party's legal counsel and auditors and the Purchaser's assignees, if they agree
in each case to hold it confidential.
Section 9.07    GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING
SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW BUT OTHERWISE WITHOUT
REGARD TO CONFLICT OF LAWS PRINCIPLES).
Section 9.08    Third Party Beneficiary. Each of the parties hereto hereby
acknowledges that the Purchaser's permitted assignees (including the Agent, the
Funding Interest Agents and the Funding Interest Holders ), along with the
Administrator and the Insurer shall be third party beneficiaries of, and shall
be entitled to enforce the Purchaser's rights and remedies under, this Agreement
to the same extent as if they were parties thereto, except to the extent
specifically limited under the terms of their assignment.
Section 9.09    Execution in Counterparts. This Agreement may be executed in any
number of counterparts, each of which when so executed shall be deemed to be an
original and all of which when taken together shall constitute one and the same
agreement.
Section 9.10    Original Agreement. This Agreement amends and replaces in its
entirety the Original Agreement as of the date hereof. Reference to this Amended
and Restated Receivables Purchase Agreement need not be made in any agreement,
document, instrument, letter, certificate, the Original Agreement itself, or any
communication issued or made pursuant to or with respect to the Original
Agreement, any reference to the Original Agreement, or any predecessor
agreement, being sufficient to refer to this Amended and Restated Receivables
Purchase Agreement.
[Signature Page Follows]

19

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IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by
their respective officers thereunto duly authorized, as of the date first above
written.

SELLER:
ALLIANCE ONE INTERNATIONAL, INC.
 
 
 
By: /s/ Joel Thomas
 
Name: Joel Thomas
 
Title: VP, Treasurer
 
 
 
By: /s/ B. Lynne Finney
 
Name: B. Lynne Finney
 
Title: Assistant Treasurer
 
 
PURCHASER:
FINACITY RECEIVABLES 2006-2, LLC
 
 
 
By: /s/ Michael D. Rogers
 
Name: Michael D. Rogers
 
Title: Secretary & Treasurer
 
 
ADMINISTRATOR:
FINACITY CORPORATION
 
 
 
By: /s/ Michael D. Rogers
 
Name: Michael D. Rogers
 
Title: EVP & Secretary

20

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SCHEDULE I
DEFINITIONS
“Additional Servicing Fee” has the meaning set forth in the Servicing Agreement.
“Administrator” means Finacity Corporation, and any successor or assignee
thereto, as Administrator under this Agreement, the Receivables Sale Agreement
and the Servicing Agreement.
“Adverse Claim” means, for any asset or property of a Person, a lien, security
interest, charge, mortgage, pledge, hypothecation, assignment or encumbrance, or
any other right or similar claim, in, of or on such asset or property in favor
of any other Person, except those created by the Transaction Documents.
“Affiliate” means, as to any Person, any other Person that, directly or
indirectly, is in control of, is controlled by or is under common control with
such Person or is a director or officer of such Person.
“Agent” means NORDDEUTSCHE LANDESBANK GIROZENTRALE, and any successor thereto as
administrative agent for the Funding Interest Holders.
“Agreement” means this Receivables Purchase Agreement, as amended from time to
time.
“Business Day” means any day other than (a) a Saturday, Sunday or other day on
which banks in New York, New York are authorized or required to close, (b) a
holiday on the Federal Reserve calendar, (c) solely for matters relating to a
Eurodollar Tranche under the Receivables Sale Agreement, a day on which dealings
in Dollars are not carried on in the London interbank market and (d) solely for
matters relating to any payment, report, notice or other communication to be
made or furnished by the Administrator, a day on which the Administrator is not
open for business in Stamford, Connecticut.
“Capital Deficiency” means, as of any date of determination, the amount, if any,
by which the Investment (or, if a Termination Event exists, the Matured
Aggregate Investment) plus the Aggregate Reserve (each as defined in the
Receivables Sale Agreement) exceeds the Net Receivables Balance plus the
Undistributed Collections (each as defined in the Receivables Sale Agreement).
“Cash Purchase Price” for any Purchase means an amount equal to (a) the lesser
of (i) (x) the Outstanding Balance of all Eligible Receivables that are the
subject of such Purchase as set forth in the Purchase Confirmation, multiplied
by (y) the Discount Factor for such Cash Purchase Price and (ii) funds available
for such purpose under Section 2.05, minus (b) the amount of any Capital
Deficiency on such Purchase Date.
“Closing Date” means the date of this Agreement.
“Collection Account” means either of the two accounts in the name of the
Purchaser (including all subaccounts created thereunder) and maintained with a
financial institution approved by the Agent, for the purpose of receiving
Collections of Sold Receivables.
“Collections” means with respect to any Sold Receivable, all cash collections
and other cash proceeds of such Receivable (including all amounts on deposit in
any account or subaccount maintained by the Purchaser), including, without
limitation, all cash proceeds of Related Security with

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respect to such Receivable, amounts paid under the Policy, all funds advanced by
the Servicer with respect to such Receivable (provided that any such advanced
funds shall not reduce the Outstanding Balance thereof or otherwise affect the
provisions for determining the status of such Receivable from time to time), and
all funds deemed received by the Seller or any other Person as a Collection
pursuant to Section 2.04, and shall include all interest income, if any, earned
on any of the foregoing.
“Contract” means the invoice and any other agreement between the Seller and an
Obligor with respect to any Sold Receivable pursuant to or under which such
Obligor shall be obligated to pay for goods and/or services.
“Covered Receivable” means each Sold Receivable eligible for coverage under the
Policy.
“Credit and Collection Policy” means those receivables credit and collection
policies and practices of the Administrator and the Servicer in effect on the
date of this Agreement applicable to the Receivables and described in Annex A to
the Servicing Agreement.
“Default Rate” means a fluctuating interest rate per annum as shall be in effect
from time to time, which rate shall be at all times equal to 2% over the
applicable Purchaser Funding Rate.
“Defaulted Receivable” has the meaning set forth in the Receivables Sale
Agreement.
“Deferred Purchase Price” means, for each Purchase, the portion of the Total
Purchase Price exceeding the amount of the Cash Purchase Price under
Section 2.03.
“Delinquent Receivable” has the meaning set forth in the Receivables Sale
Agreement.
“Diluted Receivable” means a Receivable that has suffered a Dilution.
“Dilution” has the meaning set forth in the Receivables Sale Agreement.
“Discount Factor” means 82% for the Purchase of Receivables under this
Agreement.
“Eligible Receivable” has the meaning set forth in the Receivables Sale
Agreement.
“Event of Termination” has the meaning specified in Section 7.01.
“Facility” means the Purchaser's commitment to make Purchases of Receivables
from the Seller from time to time pursuant to the terms of this Agreement.
“Facility Limit” means, when taken together with the aggregate facility limit
under each other Transaction Document providing for the purchase of Receivables
by the Purchaser from any Affiliate of the Seller, an amount not to exceed
$250,000,000, subject to amendment from time to time in accordance with Section
2.02.
“Facility Termination Date” means the earliest of (i) the Scheduled Facility
Termination Date, and (ii) the date of termination of the Facility pursuant to
Section 7.01.
“Fraudulent Receivable” means a Receivable which does not represent a required
payment obligation under a bona fide sale transaction.

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“Funding Interest Agents” means each Purchaser Agent under, and as defined in,
the Receivables Sale Agreement.
“Funding Interest Holders” means the Purchasers under, and as defined in, the
Receivables Sale Agreement.
“Funding Source Fee Letter” means each fee letter under, and as defined in, the
Receivables Sale Agreement.
“GAAP” shall mean generally accepted accounting principles for the United States
of America, as used in, and applied on a basis consistent with, the audited
financial statements of the Seller for the relevant fiscal year.
“Guarantee” of or by any person shall mean any obligation, contingent or
otherwise, of such person guaranteeing any Indebtedness of any other person,
whether directly or indirectly, and including any obligation of such person,
direct or indirect, to purchase or pay such Indebtedness or to purchase any
security for the payment of such Indebtedness; provided, however, that the term
“Guarantee” shall not include endorsements for collection or deposit, in either
case in the ordinary course of business.
“Incidental Expenses” means incidental out-of-pocket expenses incurred by or on
behalf of the Purchaser from time to time, including filing fees, accounting
fees in connection with the preparation of the Purchaser's unaudited financial
statements, bank fees in connection with the Collection Account, and independent
director fees.
“Incipient Event of Termination” means an event that but for notice or lapse of
time or both would constitute an Event of Termination.
“Indebtedness” of any person at any time shall mean, without duplication, (a)
all obligations for money borrowed or raised, all obligations (other than
accounts payable and other similar items arising in the ordinary course of
business) for the deferred payment of the purchase price of property, and all
capital lease obligations which, in each case, in accordance with GAAP, would be
included in determining total liabilities as shown on the liability side of the
balance sheet of such person and (b) all Guarantees of such person.
“Indemnified Amounts” has the meaning specified in Section 8.01.
“Insolvency Event” means with respect to any entity:
(i)    a voluntary or involuntary petition for relief under Title 11 (including
Chapters 7, 11 and 13) of the United States Bankruptcy Code or any analogous law
is filed by or against an entity and, in the case of any such petition filed
against it (but not filed by it), such petition shall remain undismissed or
unstayed for a period of 60 days;
(ii)    a receiver, conservator or trustee is appointed for all, or any part, of
the property of an entity, or an order for insolvency relief is entered;
(iii)    an entity, or a third party on behalf of an entity, makes a general
offer of compromise, in writing, to all of its creditors for less than its
indebtedness;

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(iv)    possession is taken of an entity's assets under an assignment or deed of
trust executed by the entity for the benefit of its creditors;
(v)    a creditors' committee is formed for the sole purpose of liquidation of
such entity or a material portion of its assets;
(vi)    possession is taken of an entity's business assets under a chattel
mortgage;
(vii)    an entity's assets are sold under a writ of execution or attachment, or
a writ of execution is returned unsatisfied; or
(viii)    actions comparable to the above are taken on behalf of or at the
sufferance of such entity.
“Insurer” means Zurich American Insurance Company, as provider of the Policy to
the Purchaser, or any other provider of a similar policy.
“Obligor” means each Person obligated to make payment under a Receivable, and
set forth on the schedule of buyers attached to the Policy on the Closing Date.
The parties hereto may upon mutual agreement, subject to Section 9.01, add or
remove an Obligor at any time.
“Obligor Limit” means the maximum aggregate Outstanding Balance permitted at any
time for an Obligor, as set forth as the total limit on the schedule of buyers
attached to the Policy on the Closing Date. The parties hereto may upon mutual
agreement, subject to Section 9.01, amend an Obligor Limit at any time.
“Other Amounts” means, collectively, all amounts owed by the Seller to the
Purchaser hereunder pursuant to Sections 2.04(a), 2.04(c), 2.04(d), 8.01 and
9.04, and all other amounts owed by the Purchaser under the Receivables Sale
Agreement.
“Outstanding Balance” of any Receivable at any time means the then outstanding
principal balance thereof less the amount of any discounts or rebates included
in the Contract.
“Period Report” means a report relating to a weekly or monthly period in
substantially the form of Annex B hereto and furnished by the Administrator to
the Seller pursuant to Section 6.02.
“Person” means an individual, partnership, corporation (including a business
trust), limited liability company, joint stock company, trust, unincorporated
association, joint venture or other entity, or a government or any political
subdivision or agency thereof.
“Policy”, in respect of Covered Receivables, has the meaning set forth in the
Receivables Sale Agreement.
“Purchase” means a purchase by the Purchaser of Receivables from the Seller
pursuant to Article II.
“Purchase Confirmation” means the notice and request for Purchase, in the form
attached hereto as Annex A.

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“Purchase Date” means each day on which a Purchase is made pursuant to
Article II. The initial Purchase Date was April 30, 2010.
“Purchase Reserve” means, at any time, the cumulative total of all deductibles
and coinsurance amounts under the Policy.
“Purchaser Funding Rate” means, in respect of each Purchase, the rate determined
as the “CP Rate” under the Receivables Sale Agreement.
“Receivable” has the meaning set forth in the Receivables Sale Agreement.
“Receivables Sale Agreement” means the Second Amended and Restated Receivables
Sale Agreement dated as of March 30, 2012 (as it may be amended, amended and
restated, supplemented or otherwise modified from time to time), among the
Purchaser, the Servicer, each Bank Purchaser, Conduit Purchaser and Purchaser
Agent from time to time party thereto, the Agent and the Administrator.
“Related Security” means with respect to any Sold Receivable:
(i)    all of the Seller's interest in any merchandise (including returned
merchandise) relating to any sale giving rise to such Receivable;
(ii)    all security interests or liens and property subject thereto from time
to time purporting to secure payment of such Receivable, whether pursuant to the
Contract related to such Receivable or otherwise, together with all financing
statements signed by an Obligor describing any collateral securing such
Receivable;
(iii)    all letters of credit, guaranties, insurance and other agreements or
arrangements of whatever character from time to time supporting or securing
payment of such Receivable whether pursuant to the Contract related to such
Receivable or otherwise; and
(iv)    all of the Seller's rights under the Contract to enforce the Sold
Receivable and all other books, records and other information (including,
without limitation, computer programs, tapes, discs, punch cards, data
processing software and related property and rights) relating to such Receivable
and the related Obligor but excluding any computer programs and data processing
software, that are subject to license agreements which prohibit any Seller, as
licensee, from assigning an interest therein as contemplated by this Agreement.
“Scheduled Facility Termination Date” means the later of March 20, 2017 or any
subsequent date to which the “Scheduled Facility Termination Date” has been
extended in accordance with Section 2.02 of this Agreement.
“Servicer” means Alliance One International AG, in its capacity as Servicer
under the Servicing Agreement, and any successor thereto.
“Servicer Fee” has the meaning set forth in the Servicing Agreement.
“Servicing Agreement” means the Second Amended and Restated Servicing and
Administration Agreement, dated as of March 30, 2012 among Finacity Corporation,
as Administrator and Backup Servicer, Finacity Receivables 2006-2, LLC, as
Purchaser and the Seller, as Servicer, as it may be from time to time amended,
amended and restated, supplemented or otherwise modified.

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“Settlement Date” means (i) prior to the occurrence of an Event of Termination,
each Tuesday (or if such day is not Business Day, the next Business Day) of each
week, and (ii) after the occurrence of an Event of Termination, each Tuesday (or
if such day is not Business Day, the next Business Day) of each week and each
additional Business Day designated as such by the Agent.
“Settlement Period” means the period commencing on a Settlement Date (or, in the
case of the first Settlement Period, commencing on the Closing Date) and ending
on the next Settlement Date.
“Sold Receivable” has the meaning specified in Section 2.03(a).
“Subsidiary” means with respect to any person (herein referred to as the
“parent”), any corporation, partnership, association or other business entity of
which securities or other ownership interests representing more than 50% of the
Voting Stock or more than 50% of the general partnership interests are, at the
time any determination is being made, owned, controlled or held by the parent,
by one or more Subsidiaries of the parent or by the parent and one or more
Subsidiaries of the parent.
“Total Purchase Price” means, for any Purchase, the portion of the Outstanding
Balance of Receivables purchased on any Purchase Date multiplied by 90%.
“UCC” means the Uniform Commercial Code as from time to time in effect in the
specified jurisdiction.
“Underwriting and Transaction Costs” means up-front fees and expenses of
Finacity Corporation and the Purchasers (as specified in the Fee Letter) in
connection with this Agreement, plus the fees and expenses of transaction
counsel.
“Voting Stock” with respect to the stock of any person, means stock of any class
or classes (however designated) having ordinary voting power for the election of
the directors of such person, other than stock having such power only by reason
of the occurrence of a contingency.

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ANNEX A
FORM OF PURCHASE CONFIRMATION
[Letterhead of Purchaser]
Alliance One International, Inc.
[Address of Seller]

Dear Sir / Madam:
This Purchase Confirmation is delivered to you pursuant to Section 2.03 of the
Amended and Restated Receivables Purchase Agreement, dated as of March 30, 2012
(the “Agreement”), among us, as Purchaser, you, as Seller, and Finacity
Corporation, as Administrator. All capitalized terms used but not defined herein
shall have the meanings given to them in the Agreement.
The Seller hereby sells and assigns to the Purchaser and, subject to the
certification of the Seller below, the Purchaser hereby agrees to the Purchase
of the Receivables set forth below on the Purchase Date set forth below, in
accordance with the terms of the Agreement.
1.    Date of Purchase: [            ]
2.    Details of the Receivables to be Purchased on such date:
a.    Eligible Receivables, as set forth in Annex A-1 hereto.
b.    Copies of invoices relating to such Receivables have been delivered by you
to us.
3.    Total Purchase Price for all Receivables: $ [                   ]; details
of calculation as set forth in Annex A-2 hereto.
4.    Aggregate Cash Purchase Prices, Deferred Purchase Prices, Servicer Fees
and Additional Servicing Fees to be paid.
FINACITY RECEIVABLES 2006-2, LLC
By Finacity Corporation, as Administrator

By:    __________________________
Name:
Title:
Facsimile:

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In connection with this Purchase Confirmation, the Seller confirms the terms
stated above (via the undersigned authorized signatory of Seller) and hereby
certifies that:
1.    As of the date of Purchase set forth above, the Seller is in compliance
with and has satisfied all of the conditions precedent to a Purchase contained
in Article III of the Agreement that are applicable to Seller.
2.    The representations and warranties of the Seller contained in Section 4.01
of the Agreement (and the statements made in this Purchase Confirmation by the
Seller) are correct on and as of the date of such Purchase as though made on and
as of such date.
3.    No event has occurred and is continuing, or would result from such
Purchase, that constitutes an Event of Termination or an Incipient Event of
Termination.
Accordingly, the Seller herewith transfers and assigns all of its rights in or
pertaining to the Eligible Receivables as set forth and specified in Annex-1
hereto to the Purchaser
CERTIFIED AND DATED this [        ] day of [              ], [        ].
ALLIANCE ONE INTERNATIONAL, INC.

By:    __________________________
Name:
Title:

By:    __________________________
Name:
Title:

[Remark: the purchase confirmation should in all instances be issued and signed
in duplicate, in any event both copies accompanied by the annex specifying the
Eligible Receivables being sold and transferred and being initialed. Of the two
copies completed and signed on behalf of the Purchaser and delivered to the
Seller, both should be signed and initialed on behalf of the Seller and one
original thus completed should be returned to or for account of the purchaser
(with the other to be kept in the files of the Seller).]

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Annex A-1
Eligible Receivables:
Obligor
Address
Outstanding Balance ($)
Terms (e.g. 180 Days)
Contract or Invoice
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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Annex A-2
Total Purchase Price

Aggregate of CPP, Deferred Purchase Prices, Servicer Fees and Additional
Servicing Fees:

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ANNEX B
FORM OF PERIOD REPORTS