Exhibit 10.4

 

AMENDMENT NO. 1
 TO PRICING SIDE LETTER

 

Amendment No. 1, dated as of November 19, 2012 (this “Amendment”), among CREDIT SUISSE FIRST BOSTON MORTGAGE CAPITAL LLC (the “Buyer”), EXCEL MORTGAGE SERVICING, INC. (the “Seller”), INTEGRATED REAL ESTATE SERVICE CORP. and IMPAC MORTGAGE HOLDINGS, INC. (the “Guarantors”).

 

RECITALS

 

The Buyer, the Seller and the Guarantors are parties to that certain Master Repurchase Agreement, dated as of September 21, 2012 and the related Pricing Side Letter, dated as of September 21, 2012 (the “Existing Pricing Side Letter”; and as further amended by this Amendment, the “Pricing Side Letter”).  The Guarantors are parties to that certain Guaranty (the “Guaranty”), dated as of September 21, 2012, as the same may be further amended from time to time.  Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Existing Pricing Side Letter.

 

The Buyer, the Seller and the Guarantors have agreed, subject to the terms and conditions of this Amendment, that the Existing Pricing Side Letter be amended to reflect certain agreed upon revisions to the terms of the Existing Pricing Side Letter.  As a condition precedent to amending the Existing Pricing Side Letter, the Buyer has required the Guarantors to ratify and affirm the Guaranty on the date hereof.

 

Accordingly, the Buyer, the Seller and the Guarantors hereby agree, in consideration of the mutual promises and mutual obligations set forth herein, that the Existing Pricing Side Letter is hereby amended as follows:

 

1.1                               Definitions.  Section 1 of the Existing Pricing Side Letter is hereby amended by deleting the definition of “Maximum Aggregate Purchase Price” in its entirety and replacing it with the following:

 

“Maximum Aggregate Purchase Price” means SIXTY-FIVE MILLION DOLLARS ($65,000,000).

 

SECTION 2.                            Financial Covenants.  Section 2 of the Existing Pricing Side Letter is hereby amended by deleting Section 2.1 in its entirety and replacing it with the following:

 

Adjusted Tangible Net Worth. Seller shall maintain an Adjusted Tangible Net Worth of at least $15,000,000

 

SECTION 3.                            Officer’s Certificate.  Exhibit A of the Existing Pricing Side Letter is hereby amended by deleting it in its entirety and replacing it with the attached Schedule 1.

 

SECTION 4.                            Conditions Precedent.  This Amendment shall become effective as of the date hereof (the “Amendment Effective Date”), subject to the satisfaction of the following conditions precedent:

 











 

4.1                               Delivered Documents.  On the Amendment Effective Date, the Buyer shall have received the following documents, each of which shall be satisfactory to the Buyer in form and substance:

 

(a)                                 this Amendment, executed and delivered by the Guarantors and duly authorized officers of the Buyer and the Seller; and

 

(b)                                 such other documents as the Buyer or counsel to the Buyer may reasonably request.

 

SECTION 5.                            Representations and Warranties.  The Seller hereby represents and warrants to the Buyer that it is in compliance with all the terms and provisions set forth in the Master Repurchase Agreement on its part to be observed or performed, and that no Event of Default has occurred or is continuing, and hereby confirms and reaffirms the representations and warranties contained in Section 13 of the Master Repurchase Agreement.

 

SECTION 6.                            Limited Effect.  Except as expressly amended and modified by this Amendment, the Existing Pricing Side Letter shall continue to be, and shall remain, in full force and effect in accordance with its terms and the execution of this Amendment by the Buyer.

 

SECTION 7.                            Severability. Each provision and agreement herein shall be treated as separate and independent from any other provision or agreement herein and shall be enforceable notwithstanding the unenforceability of any such other provision or agreement.

 

SECTION 8.                            Counterparts.  This Amendment may be executed by each of the parties hereto on any number of separate counterparts, each of which shall be an original and all of which taken together shall constitute one and the same instrument.

 

SECTION 9.                            GOVERNING LAW.  THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REFERENCE TO THE CHOICE OF LAW PROVISIONS THEREOF.

 

SECTION 10.                     Reaffirmation of Guaranty.  The Guarantors hereby ratify and affirm all of the terms, covenants, conditions and obligations of the Guaranty and acknowledge and agree that the term “Obligations” as used in the Guaranty shall apply to all of the Obligations of Seller to Buyer under the Pricing Side Letter, as amended hereby.

 











 

IN WITNESS WHEREOF, the undersigned have caused this Pricing Side Letter to be duly executed as of the date first above written.

 

	
 
    	
Credit   Suisse First Boston Mortgage Capital LLC, as Buyer
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Adam Loskove
    
	
 
    	
Name:
    	
Adam   Loskove
    
	
 
    	
Title:
    	
Vice   President
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Excel   Mortgage Servicing, Inc., as Seller
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Todd R. Taylor
    
	
 
    	
Name:
    	
Todd   R. Taylor
    
	
 
    	
Title:
    	
EVP,   CFO
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Impac   Mortgage Holdings, Inc, as a Guarantor
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Todd R. Taylor
    
	
 
    	
Name:
    	
Todd   R. Taylor
    
	
 
    	
Title:
    	
EVP,   CFO
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Integrated   Real Estate Service Corp., as a Guarantor
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/   Todd R. Taylor
    
	
 
    	
Name:
    	
Todd   R. Taylor
    
	
 
    	
Title:
    	
EVP,   CFO
    


 











 

SCHEDULE 1

 

EXHIBIT A

 

OFFICER’S COMPLIANCE CERTIFICATE

 

I,                                       , do hereby certify that I am the [duly elected, qualified and authorized] [CFO/TREASURER/FINANCIAL OFFICER] of Excel Mortgage Servicing, Inc. (“Seller”), I,                                       , do hereby certify that I am the [duly elected, qualified and authorized] [CFO/TREASURER/FINANCIAL OFFICER] of Integrated Real Estate Service Corp. (“IRES” and a “Guarantor”) and I,                                       , do hereby certify that I am the [duly elected, qualified and authorized] [CFO/TREASURER/FINANCIAL OFFICER] of Impac Mortgage Holdings, Inc (“Impac”, a “Guarantor” and together with IRES, the “Guarantors”). This Certificate is delivered to you in connection with Section 17 of the Master Repurchase Agreement dated as of September 21, 2012, among Seller, Guarantors and Credit Suisse First Boston Mortgage Capital LLC (as amended from time to time, the “Agreement”), as the same may have been amended from time to time.  I hereby certify that, as of the date of the financial statements attached hereto and as of the date hereof, Seller and each Guarantor are and have been in compliance with all the terms of the Agreement and, without limiting the generality of the foregoing, I certify that:

 

Adjusted Tangible Net Worth.  Seller has maintained an Adjusted Tangible Net Worth of at least $15,000,000.  A detailed summary of the calculation of Seller’s actual Adjusted Tangible Net Worth is provided in Schedule 1 hereto.

 

Indebtedness to Adjusted Tangible Net Worth Ratio.  Seller’s ratio of Indebtedness (on and off balance sheet) to Adjusted Tangible Net Worth has not exceeded 12:1 for the calendar month ending [DATE].  A calculation of Seller’s actual Indebtedness to Adjusted Tangible Net Worth is provided in Schedule 1 hereto.

 

Maintenance of Profitability.  Seller has not permitted, for any Test Period, Net Income for such Test Period, before income taxes for such Test Period and distributions made during such Test Period, to be less than $1.00.

 

Maintenance of Liquidity.  The Seller has ensured that, at all times, it has had cash (other than Restricted Cash) and Cash Equivalents in an amount not less than $5,000,000.

 

Additional Warehouse Line.  The Seller has maintained at least one additional warehouse or repurchase facility in a combined amount at least equal to the Maximum Aggregate Purchase Price.

 

Insurance.  Seller, or its Affiliates, have maintained, for Seller and its Subsidiaries, insurance coverage with respect to employee dishonesty, forgery or alteration, theft, disappearance and destruction, robbery and safe burglary,

 











 

property (other than money and securities) and computer fraud or an aggregate amount of at least $                          .  The actual amount of such coverage is $                          .

 

Financial Statements.  The financial statements attached hereto are accurate and complete, accurately reflect the financial condition of Seller, and do not omit any material fact as of the date(s) thereof.

 

Documentation.  Seller has performed the documentation procedures required by its operational guidelines with respect to endorsements and assignments, including the recordation of assignments, or has verified that such documentation procedures have been performed by a prior holder of such Mortgage Loan.

 

Compliance.  Seller has observed or performed in all material respects all of its covenants and other agreements, and satisfied every condition, contained in the Agreement and the other Program Agreements to be observed, performed and satisfied by it.  [If a covenant or other agreement or condition has not been complied with, Seller shall describe such lack of compliance and provide the date of any related waiver thereof.]

 

Regulatory Action.  Seller is not currently under investigation or, to best of Seller’s knowledge, no investigation by any federal, state or local government agency is threatened.  Seller has not been the subject of any government investigation which has resulted in the voluntary or involuntary suspension of a license, a cease and desist order, or such other action as could adversely impact Seller’s business.  [If so, Seller shall describe the situation in reasonable detail and describe the action that Seller has taken or proposes to take in connection therewith.]

 

No Default.  No Default or Event of Default has occurred or is continuing.  [If any Default or Event of Default has occurred and is continuing, Seller shall describe the same in reasonable detail and describe the action Seller has taken or proposes to take with respect thereto, and if such Default or Event of Default has been expressly waived by Buyer in writing, Seller shall describe the Default or Event of Default and provide the date of the related waiver.]

 

Distributions.  On and after the date of the Agreement, Seller nor Guarantors have paid any dividends greater than Net Income in any given calendar year other than with respect to quarterly payments to the holders of trust preferred obligations of Impac paid by Impac.

 

Indebtedness.  All Indebtedness (other than Indebtedness evidenced by the Repurchase Agreement) of Seller existing on the date hereof is listed on Schedule 2 hereto.

 

Originations.  Attached hereto as Schedule 3 is a true and correct summary of all Mortgage Loans originated by Seller for the calendar month ending [DATE] and for the year to date ending [DATE].

 











 

DE Compare Ratio.  Seller’s DE Compare Ratio has not (i) on and after the date Seller’s DE Compare Ratio was at least 100%, increased by more than 25% or (ii) exceeded 150%, for the calendar month ending [DATE].

 

Hedging.  Attached hereto as Schedule 4 is a true and correct summary of all Interest Rate Protection Agreements entered into or maintained by Seller during the calendar month ending on [DATE].

 

Repurchases and Early Payment Default Requests.  Attached hereto as Schedule 5 is a true and correct summary of the portfolio performance including representation breaches, missing document breaches, repurchases due to fraud, early payment default requests, and Mortgage Loans subject to other warehouse lines in excess of 60 days summarized on the basis of (a) pending repurchase demands (including weighted average duration of outstanding request), (b) satisfied repurchase demands and (c) total repurchase demands.

 

Quality Control.  Attached hereto as Schedule 6 is a true and correct copy of the internal quality control maintained by Seller.

 

Secondary Market Sales.  Attached hereto as Schedule 7 is a true and correct summary of all the mortgage loans sold by Seller during the calendar month ending [DATE].

 

Geographic Production Breakdown.  Attached hereto as Schedule 8 is a true and correct summary of all the geographic locations of the Mortgage Loans originated by Seller during the calendar month ending [DATE].

 

MSR Valuation. A detailed summary of either (i) the monthly Seller’s MSR Valuation or (ii) quarterly third party valuation vendor’s MSR Valuation, as applicable, is provided in Schedule 9 hereto.

 

Litigation Summary.  Attached hereto as Schedule 10 is a true and correct summary of all actions, notices, proceedings and investigations pending with respect to which Seller has received service of process or other form of notice or, to the best of Seller’s knowledge, threatened against it, before any court, administrative or governmental agency or other regulatory body or tribunal as of the calendar month ending [DATE].

 











 

IN WITNESS WHEREOF, I have set my hand this            day of                 ,                 .

 

	
 
    	
[[Name],   as Seller]
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
 
    
	
 
    	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
 
    	
Title:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
[[Name],   as Guarantor]
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    


 




 









 

SCHEDULE 1 TO OFFICER’S COMPLIANCE CERTIFICATE

 

CALCULATIONS OF FINANCIAL COVENANTS
 As of the calendar month ended [DATE] or quarter ended [DATE]

 

	
I.
    	
Adjusted   Tangible Net Worth
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
1.
    	
Net   Worth (book)
    	
 
    	
$
    
	
 
    	
Plus:
    	
 
    	
 
    
	
2.
    	
Subordinated   Debt (maturity > CSFB line maturity)
    	
 
    	
$
    
	
 
    	
 
    	
 
    	
 
    
	
I.(a)
    	
Total   of items 1-2
    	
 
    	
$
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
Less:
    	
 
    	
 
    
	
3.
    	
Restricted   Cash
    	
 
    	
$
    
	
4.
    	
25%   of investment securities
    	
 
    	
$
    
	
5.
    	
50%   of all mortgage loans held for investment
    	
 
    	
$
    
	
6.
    	
50%   of real estate owned property
    	
 
    	
$
    
	
7.
    	
50%   of the MSR Valuation of any Unencumbered Mortgage Servicing Rights
    	
 
    	
$
    
	
8.
    	
100%   of the MSR Valuation of any Encumbered Mortgage Servicing Rights
    	
 
    	
$
    
	
9.
    	
100%   of corporate or servicing advances
    	
 
    	
$
    
	
10.
    	
Goodwill
    	
 
    	
$
    
	
11.
    	
Patents
    	
 
    	
$
    
	
12.
    	
Tradenames
    	
 
    	
$
    
	
13.
    	
Trademarks
    	
 
    	
$
    
	
14.
    	
Copyrights
    	
 
    	
$
    
	
15.
    	
Franchises
    	
 
    	
$
    
	
16.
    	
 
    	
 
    	
 
    
	
17.
    	
 
    	
 
    	
 
    
	
18.
    	
 
    	
 
    	
 
    
	
19.
    	
 
    	
 
    	
 
    
	
20.
    	
Organizational   expenses
    	
 
    	
 
    
	
 
    	
Deferred taxes and expenses
    	
 
    	
 
    
	
 
    	
Prepaid expenses
    	
 
    	
 
    
	
 
    	
Prepaid assets
    	
 
    	
 
    
	
 
    	
Receivables from shareholders, Affiliates or   employees
    	
 
    	
$
    
	
21.
    	
Any   other intangible assets
    	
 
    	
$
    
	
I.(b)
    	
Total   of items 3-21
    	
 
    	
$
    
	
 
    	
 
    	
 
    	
 
    
	
I.(c)
    	
Actual   Adjusted Tangible Net Worth (a minus b)
    	
 
    	
$
    


 











 

	
 
    	
Compliance?
    	
 
    	
Yes /   No
    
	
 
    	
 
    	
 
    	
 
    
	
II.
    	
Leverage   Ratio
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
Total Debt divided by Adjusted Tangible Net   Worth — Actual
    	
 
    	
xx.x
    
	
 
    	
Total Indebtedness (on and off balance sheet) -   Actual
    	
 
    	
 
    
	
 
    	
[Please   insert calculations]
    	
 
    	
 
    
	
 
    	
Leverage   Covenant
    	
 
    	
12.1
    
	
 
    	
Compliance?
    	
 
    	
Yes /   No
    
	
 
    	
 
    	
 
    	
 
    
	
III.
    	
Test   Period Net Income - Actual
    	
 
    	
 
    
	
 
    	
Net Income/Loss
    	
 
    	
$
    
	
 
    	
Test Period Profitability
    	
 
    	
>=   $1.00
    
	
 
    	
Compliance?
    	
 
    	
Yes/No
    
	
 
    	
 
    	
 
    	
 
    
	
IV.
    	
Liquidity
    	
 
    	
 
    
	
 
    	
Total   cash (other than Restricted Cash)
    	
 
    	
$
    
	
 
    	
Total   unrestricted Cash Equivalents
    	
 
    	
$
    
	
 
    	
Total
    	
 
    	
$
    
	
 
    	
Liquidity   Covenant
    	
 
    	
$5,000,000
    
	
 
    	
Compliance?
    	
 
    	
Yes /   No
    


 











 

SCHEDULE 2 TO OFFICER’S COMPLIANCE CERTIFICATE

 

INDEBTEDNESS as of                             

 

	
LENDER
    	
 
    	
TOTAL
   FACILITY
   SIZE
    	
 
    	
FACILITY
   TYPE (i.e.
   EFP,
   Repurchase,
   etc)
    	
 
    	
$ AMOUNT
   COMMITTED
    	
 
    	
OUTSTANDING
   INDEBTEDNESS
    	
 
    	
EXPIRATION
   DATE
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    


 











 

SCHEDULE 3 TO OFFICER’S COMPLIANCE CERTIFICATE

 

OVERALL MORTGAGE LOAN ORIGINATIONS

 

	
MORTGAGE
    	
 
    	
RETAIL
    	
 
    	
WHOLESALE
    	
 
    	
CORRESPONDENT
    	
 
    
	
LOAN TYPE
    	
 
    	
Units
    	
 
    	
Total $
    	
 
    	
Units
    	
 
    	
Total $
    	
 
    	
Units
    	
 
    	
Total $
    	
 
    
	
Conforming Mortgage Loans (other than Conforming High LTV loans)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
FHA Loans
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
VA Loans
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
FHA 203(k) Loans
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Conforming High LTV Loans
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Other (please specify)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Other (please specify)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Other (please specify)
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Total
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    


 











 

SCHEDULE 4 TO OFFICER’S COMPLIANCE CERTIFICATE

 

INTEREST RATE PROTECTION AGREEMENTS

 











 

SCHEDULE 5 TO OFFICER’S COMPLIANCE CERTIFICATE

 

REPURCHASES AND EARLY PAYMENT DEFAULT REQUESTS

 

Outstanding/Pending Repurchases & Indemnifications

 

	
Loan #
    	
 
    	
Repo or
   Indem
    	
 
    	
Investor
    	
 
    	
Notice
   Date
    	
 
    	
Origination
   Date
    	
 
    	
Breach/Defect
    	
 
    	
Original
   Loan
   Amount
   ($)
    	
 
    	
Estimated
   Loss
   Amount
   ($)
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    


 

Satisfied/Resolved Repurchases

 

	
Loan #
    	
 
    	
Repo or
   Indem
    	
 
    	
Investor
    	
 
    	
Origination
   Date
    	
 
    	
Date Resolved
    	
 
    	
Original
   Loan
   Amount ($)
    	
 
    	
Amount
   Paid ($)
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    


 











 

SCHEDULE 6 TO OFFICER’S COMPLIANCE CERTIFICATE

 

QUALITY CONTROL RESULTS

 











 

SCHEDULE 7 TO OFFICER’S COMPLIANCE CERTIFICATE

 

Secondary Market Sales

 

	
Investor Name
    	
 
    	
Aggregate
   original principal
   balance of
   mortgage loans
   sold in prior
   calendar month
   ($)
    	
 
    	
Percentage
   (measured by
   original principal
   balance) of
   mortgage loans
   sold in prior
   calendar month
    	
 
    	
Aggregate
   original principal
   balance of
   mortgage loans
   sold year-to-date
   ($)
    	
 
    	
Percentage
   (measured by
   original principal
   balance) of
   mortgage loans
   sold year-to-date
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    


 











 

SCHEDULE 8 TO OFFICER’S COMPLIANCE CERTIFICATE

 

Geographic Production Breakdown

 

	
Current Month Geographic Concentration Top
   10 States
    	
 
    	
Current Month
   Total $
    	
 
    	
Current Month %
   of Total
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Totals
    	
 
    	
 
    	
 
    	
 
    	
 
    


 











 

SCHEDULE 9 TO OFFICER’S COMPLIANCE CERTIFICATE

 

MSR Valuation

 











 

SCHEDULE 10 TO OFFICER’S COMPLIANCE CERTIFICATE

 

Litigation Summary

 

	
Case
   Caption
    	
 
    	
Filing
   Date
    	
 
    	
Court /
   Regulator
    	
 
    	
Case
   No.
    	
 
    	
Nature
   of
   Claims
    	
 
    	
Damages /
   Penalties
   Alleged
    	
 
    	
Plaintiff’s
   Counsel
    	
 
    	
Customer’s
   counsel
    	
 
    	
Status
    	
 
    	
Customer’s
   Reserve
   Amount