Governing Law. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of New York.
[Remainder of page intentionally left blank.]
[***]
INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL
TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE
SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 UNDER THE SECURITIES
EXCHANGE ACT OF 1934, AS AMENDED.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement,
effective as of the date first written above.
PHH MORTGAGE CORPORATION
By:
/s/ Terence Edwards
Name: Terence W. Edwards
Title: President & CEO
MERRILL LYNCH CREDIT CORPORATION
By:
/s/ Lawrence P. Washington
Name: Lawrence P. Washington
Title: Chairman & CEO
Agreed to and Acknowledged as of this
14th day of March, 2007:
PEARL MORTGAGE ACQUISITION 2 L.L.C.
By:
/s/ Matthew S. Kabaker
Name: Matthew S. Kabaker
Title: Vice President