Exhibit 10.10


FIRST
AMENDMENT TO PURCHASE AND PUT AGREEMENT


MFC
GLOBAL INVESTMENT MANAGEMENT (U.S.), LLC

101 HUNTINGTON AVENUE

BOSTON, MA 02199


OPPENHEIMER
CHAMPION INCOME FUND

OPPENHEIMER STRATEGIC INCOME FUND

OPPENHEIMER STRATEGIC BOND FUND / VA

OPPENHEIMER HIGH INCOME FUND / VA

6803 SOUTH TUCSON WAY

CENTENNIAL, CO 80112


ING
OPPENHEIMER STRATEGIC INCOME PORTFOLIO

7337 EAST DOUBLETREE RANCH ROAD

SCOTTSDALE, AZ 85258


BRIGADE
CAPITAL MANAGEMENT

399 PARK AVENUE, 16TH FLOOR

NEW YORK, NY 10022


SOLA
LTD.

SOLUS CORE OPPORTUNITIES MASTER FUND LTD

C/O SOLUS ALTERNATIVE ASSET MANAGEMENT LP

430 PARK AVENUE, 9TH FLOOR

NEW YORK, NEW YORK 10022


JANUARY
11, 2010


Each of the purchasers signatory hereto (each a “Purchaser” and, collectively the “Purchasers”) have entered into this First
Amendment to Purchase and Put Agreement (this “Amendment”)
on January 11, 2010 and this Amendment amends that certain Purchase
and Put Agreement, dated November 2, 2009,
by and among the Purchasers (the “Existing
Purchase Letter” and together with the exhibits, schedules and
annexes thereto and, as amended by this Amendment, the “Purchase Letter”). Capitalized terms used
but not defined herein shall have the same meanings ascribed to such terms in
the Existing Purchase Letter.  


Whereas,
pursuant to Section 7 of the Existing Purchase Letter, the Purchasers desire to
amend the Existing Purchase Letter as hereinafter set forth,


Now,
therefore, for good and valuable consideration the Purchasers
agree among themselves as follows:





               1. Amendments to Existing Purchase Letter.


                    (a)
Clause (a) of the fourth paragraph is hereby amended by deleting the word
“$400,000,000” and replacing it with “approximately $385,000,000.”


                    (b)
Clause (i) of Section 1(b) is hereby amended by deleting the phrase “and
shareholders agreement” therefrom.


                    (c)
Clause (iii) of Section 1(b) is hereby amended and restated in its entirety as
follows:


          “(iii)
the occurrence of the Closing Date (as defined in Exhibit A hereto) on or before 5:00 pm New York City time on
June 30, 2010 (such date, as the same may be extended by the Purchasers in
their sole discretion in writing, the “Purchase
and Put Agreement Expiration Date”).”  


                    (d)
The first sentence of Section 7 is hereby amended by inserting the phrase “and
Greektown Holdings, L.L.C.” at the end thereof.


                    (e)
The final sentence of Section 7 is hereby amended and restated in its entirety
as follows:


                    “To
be effective, a waiver must be set forth in writing signed by the waiving
party and, to the extent that such waiver is adverse to the interests of
Greektown Holdings, L.L.C., Greektown Holdings, L.L.C. and must specifically
refer to this Purchase Letter and the breach or provision being waived.”


                    (f)
The table labeled “Certain Additional Provisions” in Exhibit A to the Existing
Purchase Letter is herby amended by deleting the phrase “Principal Amount:
$400,000,000” and replacing it with “Principal Amount: approximately
$385,000,000”.


                    (g)
Exhibit B to the Existing Purchase Letter is hereby amended by (i) deleting in
subparagraph 1. the phrase “aggregate principal amount of $400.0 million” and
replacing it with “aggregate principal amount of $385.0 million”, (ii) deleting
in subparagraph 1. the phrase “no less than $400.0 million” and replacing it
with “approximately $385.0 million”, and (ii) inserting in subparagraph 3. the
phrase “up to” before the word “$400.0 million”.


                    (h)
Exhibit D to the Existing Purchase Letter is hereby amended by (i) deleting
clauses 1), 2), 4), 5), 10), 11), 15), and 18) in their entirety; (ii) deleting
in subparagraph 6) the phrase “the date that is seventy (70) days from the Filing
Date” and replacing it with “January 19, 2010”; (iii) deleting in subparagraph
12) the phrase “the date that is thirty (30) days from the date upon which the
Confirmation Order is entered Confirming the Plan” and replacing it with “June
30, 2010”; and (iv) deleting in subparagraph 13) the references to
subparagraphs 1), 2), 4) and 5).


               2. Agreement.
Except as expressly set forth herein, the terms and provisions of the Existing
Purchase Letter shall remain in full force and effect. 


               3.
Governing Law. This Amendment will be governed by, and construed in
accordance with, the laws of the State of New York, including, without
limitation, Section 5-1401 of the New York General Obligations Law. 


               4.
Miscellaneous. This Amendment may be executed in one or more
counterparts, each of which will be deemed an original, but all of which taken
together will constitute one and the same 


2





instrument. Delivery of an executed signature page of
this Amendment by facsimile, PDF, or other electronic transmission will be
effective as delivery of a manually executed counterpart hereof.


 [Remainder of page intentionally blank]


3






          In witness whereof, the parties have executed this
agreement on the day first above written.


	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK STRATEGIC INCOME FUND

 
	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK TRUST STRATEGIC
 INCOME TRUST

 
	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK FUNDS II STRATEGIC
 INCOME FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK HIGH YIELD FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK TRUST HIGH INCOME
 TRUST

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 


Signature page to
First Amendment to Purchase Letter









	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK FUNDS II HIGH INCOME
 FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK BOND FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK INCOME SECURITIES
 TRUST

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK INVESTORS TRUST

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK FUNDS III LEVERAGED
 COMPANIES FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK FUNDS II ACTIVE BOND FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 


Signature page to
First Amendment to Purchase Letter









	
  

 	
  

 	
  

 
	
  

 	
 JOHN
 HANCOCK FUNDS TRUST ACTIVE
 BOND TRUST

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 MANULIFE
 GLOBAL FUND U.S. BOND
 FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 MANULIFE
 GLOBAL FUND SPECIAL OPPORTUNITIES FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 MANULIFE
 GLOBAL FUND STRATEGIC
 INCOME

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 MIL
 STRATEGIC INCOME FUND

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Diane Landers 

 
	
  

 	
  

 	
 Title: VP & Chief Administrative Officer

 


Signature page to First Amendment to Purchase Letter







	
  

 	
  

 	
  

 
	
  

 	
 OPPENHEIMER CHAMPION INCOME FUND

 
	
  

 	
 By: Oppenheimer Funds,
Inc. as investment advisor
thereto 

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Margaret Hui

 
	
  

 	
  

 	
 Title:   VP

 
	
  

 	
  

 	
  

 
	
  

 	
 OPPENHEIMER STRATEGIC INCOME FUND

 
	
  

 	
 By: Oppenheimer Funds,
Inc. as investment advisor
thereto 

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Margaret Hui

 
	
  

 	
  

 	
 Title:   VP

 
	
  

 	
  

 	
  

 
	
  

 	
 OPPENHEIMER STRATEGIC BOND FUND / VA

 
	
  

 	
 By: Oppenheimer Funds,
Inc. as investment advisor
thereto 

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Margaret Hui

 
	
  

 	
  

 	
 Title:   VP

 
	
  

 	
  

 	
  

 
	
  

 	
 OPPENHEIMER HIGH INCOME FUND / VA

 
	
  

 	
 By: Oppenheimer Funds,
Inc. as investment advisor
thereto 

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Margaret Hui

 
	
  

 	
  

 	
 Title:   VP

 


Signature page to First Amendment to Purchase
Letter








	
  

 	
  

 	
  

 
	
  

 	
 ING OPPENHEIMER STRATEGIC INCOME PORTFOLIO

 
	
  

 	
 By: Oppenheimer Funds,
Inc. as investment advisor
thereto 

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Margaret Hui

 
	
  

 	
  

 	
 Title:   VP

 


Signature page to
First Amendment to Purchase Letter









	
  

 	
  

 	
  

 
	
  

 	
 BRIGADE
 CAPITAL MANAGEMENT

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Don Morgan

 
	
  

 	
  

 	
 Title:   Managing
 Partner

 


Signature page to
First Amendment to Purchase Letter









	
  

 	
  

 	
  

 
	
  

 	
 SOLA LTD

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Christopher Pucillo

 
	
  

 	
  

 	
 Title:   Director

 
	
  

 	
  

 	
  

 
	
  

 	
 SOLUS
 CORE OPPORTUNITIES MASTER FUND LTD

 
	
  

 	
  

 	
  

 
	
  

 	
 By: 

 	
 

 
	
  

 	
  

 	

 


 
	
  

 	
  

 	
 Name: Christopher Pucillo

 
	
  

 	
  

 	
 Title:   Director

 


Signature page to
First Amendment to Purchase Letter