EXECUTION COPY
 
FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
 
THIS FIRST AMENDMENT TO THE PURCHASE AND SALE AGREEMENT, dated as December 21,
2006 (this “Amendment”), is entered into by LEAF Funding, Inc., a Delaware
corporation (“LEAF”) and Resource Capital Funding II, LLC, a Delaware limited
liability company (the “Purchaser”).
 
R E C I T A L S
 
A.  LEAF and the Purchaser are parties to the Purchase and Sale Agreement, dated
as of October 31, 2006 (as amended, supplemented or otherwise modified from time
to time, the “Agreement”);
 
B. The parties hereto desire to amend the Agreement on the terms and conditions
set forth herein.
 
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties agree as follows:
 
1.  Certain Defined Terms. Capitalized terms used but not defined herein shall
have the meanings set forth for such terms in Section 1.2 of the Agreement.
 
2.  Amendments to the Agreement. The Agreement is hereby amended to incorporate
the changes reflected on Exhibit A hereto.
 
3.  Effect of Amendment. Except as expressly amended and modified by this
Amendment, all provisions of the Agreement shall remain in full force and
effect. After the date hereof, all references in the Agreement to “this
Agreement”, “hereof”, or words of similar effect referring to such Agreement
shall be deemed to be references to the Agreement as amended by this Amendment.
This Amendment shall not be deemed to expressly or impliedly waive, amend or
supplement any provision of the Agreement other than as set forth herein.
 
4.  Counterparts. This Amendment may be executed in any number of counterparts
and by different parties on separate counterparts, each of which shall be deemed
to be an original and all of which when taken together shall constitute but one
and the same instrument.
 
5.  Governing Law. This Amendment shall be governed by, and construed in
accordance with, the law of the State of New York without regard to any
otherwise applicable principles of conflicts of law.
 
6.  Section Headings. The various headings of this Amendment are included for
convenience only and shall not affect the meaning or interpretation of this
Amendment, the Agreement or any provision hereof or thereof.
 
Signature pages follow
 

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

 
LEAF FUNDING, INC.

By:______________________________
Name:
Title:

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RESOURCE CAPITAL FUNDING II, LLC
as Purchaser

By:______________________________
Name:
Title:

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Exhibit A

AMENDMENTS

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