Document:

m402exhibit42

______________________________________

AMENDMENT NO. 1

Dated as of June 30, 2005

to

POOLING AND SERVICING AGREEMENT

Dated as of June 1, 2005

among

GREENWICH CAPITAL ACCEPTANCE, INC.,

Depositor,

GREENWICH CAPITAL FINANCIAL PRODUCTS, INC.,

Seller,

WELLS FARGO BANK, N.A.,

Master Servicer and Securities Administrator,

and

DEUTSCHE BANK NATIONAL TRUST COMPANY,

Trustee and Custodian

HarborView Mortgage Loan Trust 2005-7

Mortgage Loan Pass-Through Certificates, Series 2005-7

______________________________________

THIS AMENDMENT NO. 1, dated as of June 30, 2005 (the “Amendment”), to the Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”), dated as of June 1, 2005, among GREENWICH CAPITAL ACCEPTANCE, INC., a Delaware corporation, as depositor (the “Depositor”), GREENWICH CAPITAL FINANCIAL PRODUCTS, INC., a Delaware corporation, as seller (in such capacity, the “Seller”), WELLS FARGO BANK, N.A., as master servicer (in such capacity, the “Master Servicer”) and as securities administrator (in such capacity, the “Securities Administrator”) and DEUTSCHE BANK NATIONAL TRUST COMPANY, a national banking association, as trustee (the “Trustee”).

W I T N E S S E T H

WHEREAS, the Depositor, the Seller, the Master Servicer, the Securities Administrator and the Trustee entered into the Pooling and Servicing Agreement;

WHEREAS, the parties hereto wish to amend the Pooling and Servicing Agreement as set forth herein;

WHEREAS, Section 12.01 of the Pooling and Servicing Agreement permits amendments to the Pooling and Servicing Agreement to conform the terms thereof to the description thereof provided in the Prospectus;

NOW, THEREFORE, the parties hereto hereby agree as follows:

SECTION 1.  

Defined Terms.

For purposes of this Amendment, unless the context clearly requires otherwise, all capitalized terms which are used but not otherwise defined herein shall have the respective meanings assigned to such terms in the Pooling and Servicing Agreement.

SECTION 2.  

Amendments to Article I.

1.

The following definition set forth in Article I of the Pooling and Servicing Agreement is hereby amended and restated:

“Margin”:  On each Distribution Date, (i) with respect to the Class 1-A1 Certificates, 1.850% per annum and (ii) with respect to the Class 1-A2 Certificates, 2.000% per annum.  On each Distribution Date on or prior to the Call Option Date, (i) with respect to the Class 2-A1 Certificates, 0.290% per annum, and on each Distribution Date after the Call Option Date, 0.580% per annum, (ii) with respect to the Class 2-A2A Certificates, 0.300% per annum, and on each Distribution Date after the Call Option Date, 0.600% per annum, (iii) with respect to the Class 2-A2B Certificates, 0.480% per annum, and on each Distribution Date after the Call Option Date, 0.960% per annum, (iv) with respect to the Class 2-B1 Certificates, 0.550% per annum, and on each Distribution Date after the Call Option Date, 0.825% per annum, (v) with respect to the Class 2-B2 Certificates, 0.750% per annum, and on each Distribution Date after the Call Option Date, 1.125% per annum, (vi) with respect to the Class 2-B3 Certificates, 1.550% per annum, and on each Distribution Date after the Call Option Date, 2.325% per annum and (vii) with respect to the Class 2-B4, Class 2-B5 and Class 2-B6 Certificates, 1.750% per annum, and on each Distribution Date after the Call Option Date, 2.625% per annum.  

SECTION 3.  Effect of Amendment.

Upon execution of this Amendment, the Pooling and Servicing Agreement shall be, and be deemed to be, modified and amended in accordance herewith and the respective rights, limitations, obligations, duties, liabilities and immunities of the Depositor, Seller, the Master Servicer, the Securities Administrator and the Trustee shall hereafter be determined, exercised and enforced subject in all respects to such modifications and amendments, and all the terms and conditions of this Amendment shall be deemed to be part of the terms and conditions of the Pooling and Servicing Agreement for any and all purposes.  Except as modified and expressly amended by this Amendment, the Pooling and Servicing Agreement is in all respects ratified and confirmed, and all the terms, provisions and conditions thereof shall be and remain in full force and effect.  The Trustee makes no representation or warranty as to validity or sufficiency of this Amendment.

SECTION 4.  Binding Effect.

The provisions of this Amendment shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto, and all such provisions shall inure to the benefit of the Depositor, Seller, the Master Servicer, the Securities Administrator and Trustee.

SECTION 5.  Governing Law.

This Amendment shall be construed in accordance with the substantive laws of the State of New York (without regard to conflict of law principles) and the obligations, rights and remedies of the parties hereto shall be determined in accordance with such laws.

SECTION 6.  Severability of Provisions.

If any one or more of the provisions or terms of this Amendment shall be for any reason whatsoever held invalid, then such provisions or terms shall be deemed severable from the remaining provisions or terms of this Amendment and shall in no way affect the validity or enforceability of the other provisions or terms of this Amendment.

SECTION 7.  Section Headings.

The section headings herein are for convenience of reference only, and shall not limit or otherwise affect the meaning hereof.

SECTION 8.  Counterparts.

This Amendment may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument.

[signature pages follow]

IN WITNESS WHEREOF, the Depositor, the Seller, the Master Servicer, the Securities Administrator and the Trustee have caused their names to be signed hereto by their respective officers thereunto duly authorized as of the day and year first above written.

GREENWICH CAPITAL ACCEPTANCE, INC.,

as Depositor

By:  /s/ Shakti Radhakishun

Name:  Shakti Radhakishun

Title:    Senior Vice President

GREENWICH CAPITAL FINANCIAL PRODUCTS, INC.,

as a Seller

By:  /s/ Shakti Radhakishun

Name:  Shakti Radhakishun

Title:    Senior Vice President

WELLS FARGO BANK, N.A.,

as Master Servicer and as Securities Administrator

By:  /s/ Diane Courtney

Name:  Diane Courtney

Title:    Vice President

DEUTSCHE BANK NATIONAL TRUST COMPANY,

as Trustee

By:  /s/ Marion Hogan

Name:  Marion Hogan

Title:    Associate

By:  /s/ Hang Luu

Name:  Hang Luu

Title:    Authorized Signerrrd91819_7875.html

Exhibit 10.1CHANGE OF CONTROL AGREEMENT 
THIS AGREEMENT (this "Agreement") is made as of the 7th day of September, 2005 (the "Effective Date") by and between Rivoli Bancorp, Inc., a Georgia Corporation (the "Company"), and Melville A. Jamison, II ("Executive").
 
W I T N E S S E T H:
 
WHEREAS, Executive is currently employed by the Company as an Executive Vice President of the Company; and
WHEREAS, the Board of Directors of the Company (the "Board") believes that it is in the best interest of the Company and its shareholders to assure that the Company will have the continued dedication of Executive, notwithstanding the possibility, threat or occurrence of a Change of Control (as defined below) of the Company; that it is imperative to diminish the inevitable distraction of Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage Executive's full attention and dedication to the Company currently and in the event of any threatened or pending Change of Control; and that it is appropriate to provide Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of Executive will be satisfied and which are competitive with those of other corporations in the financial services industry; 
WHEREAS, in order to accomplish the foregoing objectives and to induce Executive to remain in the employ of the Company, the Company and Executive desire to enter into this Agreement which, among other things, provides for certain payments to Executive upon a Change of Control of the Company and the payment of compensation and benefits payable to Executive if Executive's employment terminates in relation to or following a Change of Control of the Company;
NOW THEREFORE, in consideration of the premises and mutual covenants contained herein, and intending to be legally bound hereby, the parties hereto agree as follows:
 
1.        Definitions.  As used herein, the following terms shall have the meanings set forth below:
(a)        "Change of Control" shall mean the occurrence of any of the following events:
 
(i)        An acquisition (other than directly from the Company) of any voting securities of the Company (the "Voting Securities") by any "Person" (as the term person is used for the purposes of Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended as of Effective Date (the "Exchange Act")) immediately after which such Person has Beneficial Ownership (within the meaning of Rule l3d-3 promulgated under the Exchange Act) of greater than 35% of the combined voting power of the Company's then-outstanding Voting Securities; provided, however, in determining whether or not a Change of Control has occurred, Voting Securities which are acquired in a "Non-Control Acquisition" (as hereinafter defined) shall not constitute a Change of Control. A "Non-Control Acquisition" shall mean an acquisition by (A) the Company, (B) any employee benefit plan (or related trust) sponsored or maintained by the Company or any affiliate of the Company or (C) any Person in connection with a Non-Control Transaction (as hereinafter defined); 
(ii)        Individuals who, as of the date hereof, constitute the Board (the "Incumbent Board") cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the date hereof whose election, or nomination for election by the Company's shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; or 
(iii)        The consummation of: 
(A)        a merger, consolidation, reorganization or similar corporate transaction with or into the Company or in which securities of the Company are issued, unless such transaction is a "Non-Control Transaction."  A "Non-Control Transaction" is a merger, consolidation, reorganization or similar corporate transaction with or into the Company or in which securities of the Company are issued where: 
I.        the shareholders of the Company immediately before such transaction own, directly or indirectly, a majority of the combined voting power of the outstanding voting securities of the corporation resulting from such transaction (the "Surviving Corporation") in substantially the same proportion as their ownership of the Voting Securities immediately before such transaction, 
II.        the individuals who were members of the Incumbent Board immediately prior to the execution of the agreement providing for such transaction constitute at least a majority of the members of the board of directors of the Surviving Corporation or a corporation owning directly or indirectly a majority of the combined voting power of the outstanding securities of the Surviving Corporation, and 
III.         no person other than (x) the Company, (y) any subsidiary of the Company, or (z) any employee benefit plan (or any trust forming a part thereof) maintained by the Company immediately prior to such transaction owns a majority of the combined voting power of the Surviving Corporation's then-outstanding voting securities; or 
(B)        approval by the shareholders of the Company of a complete liquidation or dissolution of the Company; or 
(C)         the sale or other disposition of not less than 85% of the Company's assets, measured by fair market value, to any Person. 
Notwithstanding the foregoing, a Change of Control shall not be deemed to occur solely because any Person (the "Subject Person") acquired Beneficial Ownership of more than the permitted amount of the outstanding Voting Securities as a result of the acquisition of Voting Securities by the Company which, by reducing the number of Voting Securities outstanding, increases the proportional number of shares Beneficially Owned by the Subject Person, provided that if a Change of Control would occur (but for the operation of this sentence) and after such acquisition of Voting Securities by the Company, the Subject Person becomes the Beneficial Owner of any additional Voting Securities, then a Change of Control shall occur.
(b)        "Cause" shall mean:
(i)        any act or omission which constitutes a material breach by Executive of his obligations under any employment agreement then in effect between Executive and the Company, which in any case fails to be corrected by Executive pursuant to the terms of such employment agreement;
(ii)        the commission by Executive of a felony or any crime involving fraud or dishonesty;
(iii)        the use of illegal drugs by Executive, or drunkenness or substance abuse by Executive which interferes with the performance of his duties to the Company;
(iv)        insubordination, gross incompetence or willful misconduct on the part of Executive in the performance of his duties to the Company;
(v)        excessive absenteeism by Executive not related to illnesses, sick leave or authorized vacations; or
(vi)        any other act or omission by Executive (other than an act or omission resulting from the exercise by Executive of good faith business judgment) which materially impairs the financial condition or business reputation of the Company or is otherwise materially detrimental to the Company.
(c)        "Salary and Benefits Continuation" shall mean payment within 30 days of the Triggering Event of a lump sum amount of cash equal to $150,000.
(d)        "Triggering Event" shall mean the occurrence of one of the following events: 
(i)        the termination of Executive's employment with the Company by the Company other than for Cause prior to a Change of Control, and the reasonable demonstration by Executive that such termination of employment (x) was at the request of a third party who had taken steps reasonably calculated to effect a Change of Control, or (y) otherwise arose in connection with or in anticipation of a Change of Control; or
(ii)        at any time during the 12-month period commencing on the date of a Change of Control, the termination of Executive's employment with the Company by the Company other than for Cause.
2.        Term.  The term of this Agreement shall commence on the Effective Date and shall expire on the earlier of (i) the date of the termination of Executive's employment by the Company for any reason prior to a Change of Control, unless such termination is a Triggering Event under Section 1(d)(i) hereof; or (ii) the second anniversary of the date on which the Company gives written notice to Executive of the Company's decision to terminate both this Agreement and any and all employment agreements in effect between the Company and 
Executive.
 
3.        Change in Control Payments and Benefits.
(a)        Upon the occurrence of a Change of Control, Executive shall be entitled to payment from the Company of a lump sum amount of cash equal to $150,000, 
payment of which shall be made by the Company to Executive not more than thirty days after the date of the occurrence of such Change of Control.
(b)        Upon the occurrence of a Triggering Event, the Company shall provide Salary and Benefits Continuation to the Executive.
(c)        Executive's subsequent employment, death or disability following Executive's termination of employment in connection with a Change of Control shall not affect the Company's obligation to provide to Executive the payments and benefits pursuant to this Section 3.  Executive shall not be required to mitigate the amount of any payment provided for in this Section 3 by seeking employment or otherwise.  The rights to the payments and benefits pursuant to this Section 3 shall be in addition to any other benefits to which Executive may be entitled under any other agreement or compensation plan, program or arrangement of the Company; provided, that Executive shall not be entitled to any separate or additional severance payments pursuant to any severance plan of the Company then in effect and generally applicable to similarly situated Executives.  
4.        Employment at Will.  Subject to the provisions of any other agreement between Executive and the Company, Executive shall remain an employee at will and nothing herein shall confer upon Executive any right to continued employment and shall not affect the right of the Company to terminate Executive for any reason not prohibited by law; provided, however, that any such removal shall be without prejudice to any rights Executive may have to receive payments and benefits pursuant to Section 3 hereof. 
 
5.        Effect of Certain Payments.  Notwithstanding anything herein to the contrary, if any payment or right accruing to Executive hereunder (without the application of this Section 5), either alone or together with other payments or rights accruing to Executive from the Company would constitute a "parachute payment" (as defined in Section 280G of the Internal Revenue Code of 1986, as amended (the "Code"), and regulations thereunder), such payment or right shall be reduced to the largest amount that will result in no portion of the amount payable or right accruing hereunder being subject to an excise tax under Section 4999 of the Code.  The determination of the amount of any potential reduction in the rights or payments shall be made in good faith by the Company.  Executive shall cooperate in good faith with the Company in making such determination and providing the necessary information for this purpose.
6.        Resolution of Differences Over Breaches of Agreement.  Except as otherwise provided herein, in the event of any controversy, dispute or claim arising out of, or relating to this Agreement, or the breach thereof, or arising out of any other matter relating to Executive's employment with the Company or the termination of such employment, the parties may seek recourse only for temporary or preliminary injunctive relief to the courts having jurisdiction thereof and if any relief other than injunctive relief is sought, the Company and Executive agree that such underlying controversy, dispute or claim shall be settled by arbitration conducted in Macon, Georgia in accordance with this Section 6 of this Agreement and the Commercial Arbitration Rules of the American Arbitration Association ("AAA").  The matter shall be heard and decided, and awards rendered by a panel of three arbitrators (the "Arbitration Panel").  The Company and Executive shall each select one arbitrator from the AAA National Panel of Commercial Arbitrators (the "Commercial Panel") and those two arbitrators shall select a third arbitrator; provided, however, that in the event the two arbitrators cannot agree on a third arbitrator, the AAA shall select a third arbitrator from the Commercial Panel.  The award rendered by the Arbitration Panel shall be final and binding as between the parties hereto and their heirs, executors, administrators, successors and assigns, and judgment on the award may be entered by any court having jurisdiction thereof.  The Company and Executive will each bear their own costs for legal representation in any arbitration, except that the Arbitration Panel will have the authority to award all remedies provided by applicable law, including recovery of attorney fees when so provided by applicable law. The Company will pay all arbitrators' fees and other administrative fees in connection with any arbitration hereunder; provided, however, that the Arbitration Panel may require all or a portion of such fees and expenses to be paid by Executive in the event the Arbitration Panel determines that Executive's position in the arbitration proceeding was without merit.
 
7.        Release.  Executive hereby acknowledges and agrees that prior to Executive's or his dependents' right to receive from the Company any compensation or benefit to be paid or provided to him or his dependents pursuant to Section 3 of this Agreement, Executive may be required by the Company, in its sole discretion, to execute a release substantially in the form of Exhibit A hereto.
  
8.        Waiver.  The waiver by a party hereto of any breach by the other party hereto of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach by a party hereto.
 
9.        Assignment.  This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company.  The Company shall be obligated to require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the Company's business or assets, by a written agreement in form and substance satisfactory to Executive, to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no succession had taken place.  This Agreement shall inure to the extent provided hereunder to the benefit of and be enforceable by Executive or his legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees.  Executive may not delegate any of his duties, responsibilities, obligations or positions hereunder to any person and any such purported delegation by him shall be void and of no force and effect with respect to matters relating to his employment and termination of employment.  Without limiting the foregoing, Executive's rights to receive payments and benefits hereunder shall not be assignable or transferable, other than a transfer by Executive's will or by the laws of descent and distribution.
 
10.        Notices.  Any notices required or permitted to be given under this Agreement shall be sufficient if in writing, and if personally delivered or when sent by first class certified or registered mail, postage prepaid, return receipt requested - in the case of Executive, to his residence address as set forth in the books and records of the Company, and in the case of the Company, to the address of its principal place of business, in care of the Chairman of the Board - or to such other person or at such other address with respect to each party as such party shall notify the other in writing.
 
11.        Entire Agreement.  This Agreement contains the entire agreement of the parties concerning the matters set forth herein and therein and all promises, representations, understandings, arrangements and prior agreements regarding the subject matter hereof, are merged herein and superseded hereby.   Except as expressly set forth herein, this Agreement does not modify, supersede, amend or otherwise alter any portion of any employment agreement between the Company and Executive in effect as of the date hereof.  The provisions of this Agreement may not be amended, modified, repealed, waived, extended or discharged except by an agreement in writing signed by the party against whom enforcement of any amendment, modification, repeal, waiver, extension or discharge is sought.  No person acting other than pursuant to a resolution of the Board of Directors shall have authority on behalf of the Company to agree to amend, modify, repeal, waive, extend or discharge any provision of this Agreement or anything in reference thereto or to exercise any of the Company's rights to terminate this 
Agreement.
 
12.        Construction of Agreement.
 
(a)        Governing Law.  This Agreement shall be governed by and construed under the laws of the State of Georgia without regard to its conflict of law provisions.
 
(b)        Severability.  In the event that any one or more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions shall not in any way be affected or impaired thereby.
 
(c)        Headings.  The descriptive headings of the several paragraphs of this Agreement are inserted for convenience of reference only and shall not constitute a part of this Agreement.
[Signature Page Follows] 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.  
"COMPANY"
RIVOLI BANCORP, INC.

By: /s/ Edward P. Loomis         
Edward P. Loomis, Jr.
President and Chief Executive Officer

"EXECUTIVE"

 /s/ Melville A. Jamison, II        
Melville A. Jamison, II

EXHIBIT A

FORM OF RELEASE
THIS RELEASE is made by the undersigned ("Executive") in favor of Rivoli Bancorp, Inc. [or successor entity] (the "Company") this ____ day of _____, _____.
WHEREAS, Executive and the Company are parties to that certain Change of Control Agreement, dated as of September 7, 2005 (the "Change of Control Agreement"); and
WHEREAS, pursuant to Section 7 of the Change of Control Agreement, it is a condition to the Company's obligation to make certain payments and provide certain benefits to Executive pursuant to the Change of Control Agreement following the termination of Executive's employment that Executive execute and deliver to the Company a release in the form hereof.
NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Executive hereby releases the Company and any affiliated entities and their respective officers, directors, shareholders, executives and agents, from any and all claims, demands, suits, causes of action, damages or expenses which Executive has had or may have in the future, arising out of Executive's employment as an executive of the Company and  Executive's separation from the Company, including, without limitation: 
(a)        claims under any and all federal, state or local laws or regulations, including, but not limited to any labor, employment or benefit laws prohibiting any form of discrimination such as the Fair Labor Standards Act, the Age Discrimination in Employment Act, as amended by the Older Workers Benefit Protection Act, Title VII of the Civil Rights Act of 1964, as amended, the Americans with Disabilities Act, and the Civil Rights Act of 1991; 
(b)        any right to recover under any claim that may be filed by the Equal Employment Opportunity Commission, or state or local human relations commission, or any other federal, state or local governmental agency; and
        (c)        any claim that Executive is entitled to any payments or benefits other than as expressly set forth in the Change of Control Agreement. 

IN WITNESS WHEREOF, intending to be legally bound, Executive has executed this Release on the date first set forth above. 
                                                                                                        Melville A. Jamison, II

A-1

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