BUT ONE THAT MAY BE WAIVED. EACH PARTY, AFTER CONSULTING (OR HAVING HAD
THE OPPORTUNITY TO CONSULT) WITH LEGAL COUNSEL OF ITS CHOICE, KNOWINGLY AND
VOLUNTARILY, FOR ITS OWN BENEFIT, WAIVES ANY RIGHT TO TRIAL BY JURY IN THE EVENT
OF LITIGATION IN ANY WAY RELATED TO THIS AGREEMENT, PERFORMANCE THEREUNDER,
AND/OR ENFORCEMENT THEREOF.
[Remainder of Page Intentionally Left Blank]
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The Purchaser and the Seller have caused their names to be signed hereto by
their respective officers thereunto duly authorized as of the date first above
written.
Purchaser:
PennyMac Corp.
By:
/s/ Andrew S. Chang Name:
Andrew S. Chang Title:
Chief Business
Development Officer
Seller:
Joel I. Sher, Chapter 11 Trustee for TMST Home
Loans, Inc., f/k/a Thornburg Mortgage Home
Loans, Inc.
By:
/s/ Joel I. Sher Name:
Joel I. Sher Title:
Chapter 11 Trustee
This shall be submitted as the Back-up Bidder pursuant to the terms of the Sale
Procedures.
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