Document:

EIGHTH
      AMENDMENT TO CREDIT AGREEMENT

     

    This
      EIGHTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), made and entered into
      as of March 31, 2006, is by and between MATRIX BANCORP, INC., a Colorado
      corporation (the “Borrower”), the lenders from time to time party hereto (each a
“Lender” and collectively, the “Lenders”), and U.S. BANK NATIONAL ASSOCIATION
      (“U.S. Bank”), as agent for the Lenders (in such capacity, together with any
      successor agents appointed hereunder, the “Agent”).

     

    RECITALS

     

    A.    The
      Borrower, the Agent and the Lenders, entered into a Credit Agreement dated
      as of
      December 27, 2000, as amended by a First Amendment to Credit Agreement dated
      as
      of March 5, 2001, a Second Amendment to Credit Agreement dated as of July 27,
      2001, a Third Amendment to Credit Agreement dated as of December 26, 2001,
      a
      Fourth Amendment to Credit Agreement dated as of March 31, 2002, a Fifth
      Amendment dated as of March 31, 2003, a Sixth Amendment dated as of March 31,
      2004 and a Seventh Amendment dated as of March 31, 2005 (as amended, the “Credit
      Agreement”); and

     

    B.    The
      Borrower desires to amend certain provisions of the Credit Agreement, and the
      Lenders and Agent have agreed to make such amendments, subject to the terms
      and
      conditions set forth in this Amendment.

     

    AGREEMENT

     

    NOW,
      THEREFORE, for good and valuable consideration, the receipt and adequacy of
      which are hereby acknowledged, the parties hereto hereby covenant and agree
      to
      be bound as follows:

     

    Section
      1.    Capitalized
      Terms.
      Capitalized terms used herein and not otherwise defined herein shall have the
      meanings assigned to them in the Credit Agreement, unless the context shall
      otherwise require.

     

    Section
      2.    Amendments.

     

    Section
      2.1    Definitions.
      Section
      1.1 of the Credit Agreement is amended by deleting the definition of
“Termination
      Date”
as
      it
      appears therein and substituting the following in lieu thereof:

     

    “Termination
      Date”:
      The
      earliest of (a) June 30, 2006, (b) the date on which the Revolving Commitments
      are terminated pursuant to Section 7.2 hereof or (c) the date on which the
      Revolving Commitment Amounts are reduced to zero pursuant to Section 2.8
      hereof.

     

    Section
      3.    Effectiveness
      of Amendments.
      The
      amendments contained in this Amendment shall become effective as of the date
      first above written provided the Agent shall have received at least two (2)
      counterparts of this Amendment, duly executed by the Borrower and all of the
      Lenders, and the Agent shall have received the following, each duly executed
      or
      certified:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Section
      3.1    This
      Amendment duly executed by the Borrower.

     

    Section
      3.2    A
      copy of
      the resolutions of the Board of Directors of the Borrower authorizing the
      execution, delivery and performance of this Amendment certified as true and
      accurate by its Secretary or Assistant Secretary, along with a certification
      by
      such Secretary or Assistant Secretary (i) certifying that there has been no
      amendment to the Articles of Incorporation or Bylaws of the Borrower since
      true
      and accurate copies of the same were previously delivered to the Lender with
      a
      certificate of the secretary of the Borrower and (ii) identifying each officer
      of the Borrower authorized to execute this Amendment and any other instrument
      or
      agreement executed by the Borrower in connection with this Amendment
      (collectively, the “Amendment Documents”), and certifying as to specimens of
      such officer’s signature and such officer’s incumbency in such offices as such
      officer holds.

     

    Section
      3.3    The
      Consent and Agreement of Guarantors, in the form prescribed by the Agent, duly
      executed by each Guarantor.

     

    Section
      3.4    The
      Borrower shall have satisfied such other conditions as specified by the Agent
      and the Lenders, including payment of all unpaid legal fees and expenses
      incurred by the Agent through the date of this Amendment in connection with
      the
      Credit Agreement and the Amendment Documents.

     

    Section
      4.    [Reserved]. 
      

     

    Section
      5.    Representations,
      Warranties, Authority, No Adverse Claim.

     

    Section
      5.1    Reassertion
      of Representations and Warranties, No Default.
      The
      Borrower hereby represents that on and as of the date hereof and after giving
      effect to this Amendment (a) all of the representations and warranties
      contained in the Credit Agreement are true, correct and complete in all respects
      as of the date hereof as though made on and as of such date, except for changes
      permitted by the terms of the Credit Agreement, and (b) there will exist no
      Default or Event of Default under the Credit Agreement as amended by this
      Amendment on such date which has not been waived by the Agent and the
      Lenders.

     

    Section
      5.2    Authority,
      No Conflict, No Consent Required.
      The
      Borrower represents and warrants that the Borrower has the power and legal
      right
      and authority to enter into the Amendment Documents and has duly authorized
      as
      appropriate the execution and delivery of the Amendment Documents and other
      agreements and documents executed and delivered by the Borrower in connection
      herewith or therewith by proper corporate action, and none of the Amendment
      Documents nor the agreements contained herein or therein contravenes or
      constitutes a default under any agreement, instrument or indenture to which
      the
      Borrower is a party or a signatory or a provision of the Borrower’s Articles of
      Incorporation, Bylaws or any other agreement or requirement of law in which
      the
      consequences of such default or violation could have a material adverse effect
      on the business, operations, properties, assets or condition (financial or
      otherwise) of the Borrower and its Subsidiaries taken as a whole, or result
      in
      the imposition of any Lien on any of its property under any agreement binding
      on
      or applicable to the Borrower or any of its property except, if any, in favor
      of
      the Agent on behalf of the Lenders. The Borrower represents and warrants that
      no
      consent, approval or authorization of or registration or declaration with any
      Person, including but not limited to any governmental authority, is required
      in
      connection with the execution and delivery by the Borrower of the Amendment
      Documents or other agreements and documents executed and delivered by the
      Borrower in connection therewith or the performance of obligations of the
      Borrower therein described, except for those which the Borrower has obtained
      or
      provided and as to which the Borrower has delivered certified copies of
      documents evidencing each such action to the Agent.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    Section
      5.3    No
      Adverse Claim.
      The
      Borrower warrants, acknowledges and agrees that no events have taken place
      and
      no circumstances exist at the date hereof which would give the Borrower a basis
      to assert a defense, offset or counterclaim to any claim of the Agent or the
      Lenders with respect to the Obligations or the Borrower’s obligations under the
      Credit Agreement as amended by this Amendment.

     

    Section
      6.    Affirmation
      of Credit Agreement, Further References.
      The
      Agent, the Lenders, and the Borrower each acknowledge and affirm that the Credit
      Agreement, as hereby amended, is hereby ratified and confirmed in all respects
      and all terms, conditions and provisions of the Credit Agreement, except as
      amended by this Amendment, shall remain unmodified and in full force and effect.
      All references in any document or instrument to the Credit Agreement are hereby
      amended and shall refer to the Credit Agreement as amended by this Amendment.
      All of the terms, conditions, provisions, agreements, requirements, promises,
      obligations, duties, covenants and representations of the Borrower under such
      documents and any and all other documents and agreements entered into with
      respect to the obligations under the Credit Agreement are incorporated herein
      by
      reference and are hereby ratified and affirmed in all respects by the
      Borrower.

     

    Section
      7.    Merger
      and Integration, Superseding Effect.
      This
      Amendment, from and after the date hereof, embodies the entire agreement and
      understanding between the parties hereto and supersedes and has merged into
      this
      Amendment all prior oral and written agreements on the same subjects by and
      between the parties hereto with the effect that this Amendment, shall control
      with respect to the specific subjects hereof and thereof.

     

    Section
      8.    Severability.
      Whenever possible, each provision of this Amendment and the other Amendment
      Documents and any other statement, instrument or transaction contemplated hereby
      or thereby or relating hereto or thereto shall be interpreted in such manner
      as
      to be effective, valid and enforceable under the applicable law of any
      jurisdiction, but, if any provision of this Amendment, the other Amendment
      Documents or any other statement, instrument or transaction contemplated hereby
      or thereby or relating hereto or thereto shall be held to be prohibited, invalid
      or unenforceable under the applicable law, such provision shall be ineffective
      in such jurisdiction only to the extent of such prohibition, invalidity or
      unenforceability, without invalidating or rendering unenforceable the remainder
      of such provision or the remaining provisions of this Amendment, the other
      Amendment Documents or any other statement, instrument or transaction
      contemplated hereby or thereby or relating hereto or thereto in such
      jurisdiction, or affecting the effectiveness, validity or enforceability of
      such
      provision in any other jurisdiction.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    Section
      9.    Successors.
      The
      Amendment Documents shall be binding upon the Borrower, the Lenders, and the
      Agent and their respective successors and assigns, and shall inure to the
      benefit of the Borrower, the Lenders, and the Agent and the successors and
      assigns of the Lenders and the Agent.

     

    Section
      10.    Legal
      Expenses.
      As
      provided in Section 9.2 of the Credit Agreement, the Borrower agrees to
      reimburse the Agent, upon execution of this Amendment, for all reasonable
      out-of-pocket expenses (including attorney’ fees and legal expenses of Dorsey
& Whitney LLP, counsel for the Agent) incurred in connection with the Credit
      Agreement, including in connection with the negotiation, preparation and
      execution of the Amendment Documents and all other documents negotiated,
      prepared and executed in connection with the Amendment Documents, and in
      enforcing the obligations of the Borrower under the Amendment Documents, and
      to
      pay and save the Agent and the Lenders harmless from all liability for, any
      stamp or other taxes which may be payable with respect to the execution or
      delivery of the Amendment Documents, which obligations of the Borrower shall
      survive any termination of the Credit Agreement.

     

    Section
      11.    Headings.
      The
      headings of various sections of this Amendment have been inserted for reference
      only and shall not be deemed to be a part of this Amendment.

     

    Section
      12     Counterparts.
      The
      Amendment Documents may be executed in several counterparts as deemed necessary
      or convenient, each of which, when so executed, shall be deemed an original,
      provided that all such counterparts shall be regarded as one and the same
      document, and either party to the Amendment Documents may execute any such
      agreement by executing a counterpart of such agreement.

     

    Section
      13.    Governing
      Law.
      THE
      AMENDMENT DOCUMENTS SHALL BE GOVERNED BY THE INTERNAL LAWS OF THE STATE OF
      MINNESOTA, WITHOUT GIVING EFFECT TO CONFLICT OF LAW PRINCIPLES THEREOF, BUT
      GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO NATIONAL BANKS, THEIR HOLDING
      COMPANIES AND THEIR AFFILIATES.

     

    

     

    [THE
      REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
      as
      of the date and year first above written.

    
      	 	 	 
	 	MATRIX
              BANCORP,
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Name:
David
              W. Kloos
	 	Title:
              SVP
              and CFO

    

     

    
      	 	 	 
	 	U.S.
              BANK NATIONAL
              ASSOCIATION
	 
 	 
 	 
 
	 	By:  	 
	 	
              

              Name:
                Randy
                S. Baker

            
	 	Title:
              Vice
              President

    

    

     

    
[Signature
      Page to Eighth Amendment to Credit
      Agreement]

     

    
      
        
        

      

      
        S
          -
          1

        
          

        

      

      
        
        

      

    

    CONSENT
      AND AGREEMENT BY GUARANTORS

     

    This
      Consent and Agreement by Guarantors (“Consent”) is made by the undersigned (each
      a “Guarantor,” and collectively, the “Guarantors”), in favor of U.S. BANK
      NATIONAL ASSOCIATION, a national banking association, as Agent for the Lenders
      party to the Credit Agreement described below (the “Agent”), and such Lenders
      and is dated as of March 31, 2006.

     

    WHEREAS,
      each Guarantor executed a Guaranty (“Guaranty”) in favor of the Agent and the
      Lenders dated as of December 27, 2000, by which Guarantor guaranteed the
      obligations of Matrix Bancorp, Inc., a Colorado corporation, (the “Borrower”) to
      the Agent and the Lenders, including, without limitation, the Borrower’s
      obligations to the Agent and the Lenders under that certain Credit Agreement
      dated as of December 27, 2000 by and between the Borrower, the Lenders party
      thereto and the Agent (the “Credit Agreement”);

     

    WHEREAS,
      the Borrower desires to amend the Credit Agreement to modify certain provisions
      of the Credit Agreement pursuant to a Eighth Amendment to Credit Agreement
      of
      even date herewith by and between the Borrower, the Lenders party to the Credit
      Agreement, and the Agent (the “Amendment”);

     

    WHEREAS,
      the Agent has refused to execute the Amendment unless the Guarantors execute
      this Consent;

     

    NOW,
      THEREFORE, for good and valuable consideration, the receipt and sufficiency
      of
      which are hereby acknowledged, and to induce the Agent and the Lenders to amend
      certain provisions of the Credit Agreement, and in consideration of their doing
      so, the Guarantors hereby acknowledge and consent to the amendments to the
      Credit Agreement as provided under the Amendment, substantially in the form
      previously provided to the Guarantors, and agree that all obligations of the
      Borrower under the Credit Agreement as amended by the Amendment are subject
      to
      their respective Guaranty.

     

    Each
      Guarantor acknowledges and agrees that this Consent shall not in any way
      extinguish any of the obligations of the Guarantor under the Guaranty, which
      obligations shall continue and shall not in any circumstances be terminated,
      extinguished or discharged hereby, but the terms of such Guaranty continue
      in
      full force and effect.

     

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      REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, this Consent has been duly executed by the undersigned the
      day
      and year first above written.

     

    
      	 	 	 
	 	EQUI-MOR
              HOLDINGS,
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
              

            
	 	Its
	 	
              

            

    
      	 	 	 
	 	MATRIX
              FUNDING CORPORATION
	 
 	 
 	 
 
	 	By:  	/s/ 
	 	
              
Its

              

            
	 	 
	 	
            

    

    

    
      	 	 	 
	 	
              MATRIX
                BANCORP TRADING, INC. (f/k/a Matrix Capital Markets,
                Inc.)

            
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Its

              

            
	 	 

    

     

    
      	 	 	 
	 	MATRIX
              REALTY
              CORP. (f/k/a Matrix Asset Management Corp.)
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Its

              

            
	 	 

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    SECRETARY’S
      CERTIFICATE

     

    I,
      _____________________, hereby certify to U.S. Bank National Association, as
      “Agent” on behalf of the “Lenders” (as such terms are defined in the Credit
      Agreement), on behalf of Matrix Bancorp, Inc., a Colorado corporation (the
      “Company”), as follows:

     

    1.    I
      am the
      duly elected and acting Secretary of the Company.

     

    2.    The
      resolutions adopted by the Board of Directors of the Company on December 27,
      2000, a true, complete, and correct copy of which were attached to a certificate
      of the Secretary of the Company dated December 27, 2000, remain in full force
      and effect as of the date hereof. Such resolutions authorize the execution
      and
      delivery by the officers of the Company listed in paragraph 4 below of the
      Eighth Amendment to the Credit Agreement dated as of March 31, 2006 and the
      other Amendments Documents (as defined in such Eighth Amendment) to which the
      Company is a party.

     

    3.    There
      has
      been no amendment to the Articles of Incorporation or Bylaws of the Company
      since true and accurate copies of the same were delivered to the Bank with
      a
      certificate of the Secretary of the Company dated December 27,
      2000.

     

    4.    The
      following persons are duly elected and acting incumbents in the corporate
      offices indicated, and the signature set forth opposite the name of each such
      person is the true and genuine specimen signature of such person:

     

     

    
      	Name and Title 	 	
              Signature

            
	 	 	 
	T. Allen McConnell   	 	Senior Vice President
	 	 	 
	David W. Kloos	 	
              Chief
                Financial Officer

            
	 	 	 
	IN WITNESS WHEREOF, I have
              executed
              this Secretary’s Certificate this ___ day of ____________,
              2006.

    

     

    
      	 	 	 
	 	 	
              ____________________________________

              Name:
                ______________________________

              Title:
                SecretaryEXHIBIT 10.27

                                  SUPPLEMENTAL

                              SETTLEMENT AGREEMENT

      THIS SUPPLEMENTAL SETTLEMENT AGREEMENT ("Agreement") is made as of March
15, 2006 by and among Falcon Natural Gas Corp., a Nevada corporation with its
principal offices at Westchase Center, 2500 City West Boulevard, Suite 300,
Houston, TX 77042 ("FNGC") and Source Capital Group, Inc., a corporation with
offices at 1221 Post Road East, Westport, CT 06880 ("SCGI"). The foregoing
parties are sometimes referred to hereinafter collectively as the "Parties", and
each, individually, as a "Party".

                                    RECITALS

      A. FNGC and SCGI are the Parties to a Financial Advisory Services
Agreement ("FAS Agreement"), dated August 9, 2004 pursuant to which SCGI is
entitled to receive up to a 10% cash and 10% warrant fee on up to $10,000,000 in
monies raised by FNGC, other than overseas capital, during the term of the FAS
Agreement.

      B. A 10% warrant fee and 10% cash fee was due to SCGI under the FAS
Agreement with regard to $7,000,000 in financing (the "Financing") provided by
Cornell Capital Partners, LP and Highgate House Funds, Ltd. during the period
July 2005 through October 2005.

      C. Pursuant to the FAS Agreement and in connection with a Settlement
Agreement before the Parties dated as of February 3, 2006, FNGC issued 1,166,666
warrants to SCGI and its assignees pursuant to the 10% warrant provision in the
FAS Agreement, and issued 833,334 warrants to SCGI and its assignees in lieu of
$300,000 in cash otherwise due to SCGI pursuant to the 10% cash fee under the
FAS Agreement.

      D. FNGC also paid $40,000 in cash to SCGI in December 2005 representing an
additional payment of part of the 10% cash fee due under the FAS Agreement.

      E. The Parties have entered into the Agreement with regard to the $360,000
cash balance due to SCGI from FNGC under the FAS Agreement.

                                    AGREEMENT

      NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, and in consideration of the mutual
promises, covenants and conditions herein contained, the Parties agree as
follows:

      1. Settlement. The Parties acknowledge and agree that SCGI earned a 10%
warrant and 10% cash fee under the FAS Agreement with respect to the Financing,
all of which has been paid except for $360,000 of the cash fee (the "Cash
Balance"). In full satisfaction of the Cash Balance, the Parties have agreed
that FNGC will make payments to SCGI in cash or restricted shares of FNGC common
stock, as provided herein. The parties further agree that upon payment of the
Cash Balance, FNGC will have no further obligation to SCGI by reason of the
Financing.

                                       1
<PAGE>

      2. Payment of Cash Balance. Commencing April 1, 2006, and on the first day
of each month thereafter (each an "Issuance Due Date") until payment in full of
the Cash Balance, FNGC shall issue 50,000 shares of its restricted common stock
to SCGI as payment against the outstanding Cash Balance. The shares shall be
valued at the average closing sale price for FNGC shares on the OTCBB during the
five trading days immediately preceding the applicable Issuance Due Date.
Commencing with the July 1, 2006 Issuance Due Date, and all subsequent Issuance
Due Dates, FNGC may, at its sole option, in lieu of making a monthly payment in
restricted stock, make a cash payment of $20,000 to SCGI. Notwithstanding the
foregoing, FNGC agrees that to the extent its cash position on any Issuance Due
Date is sufficient, after taking into consideration its normal and reasonable
cash requirements for operations, to allow it to make a payment in cash, that it
will make a payment in cash. The final payment of the Cash Balance may consist
of less than 50,000 shares or $20,000 in cash, as necessary, to complete full
payment of the original $360,000 Cash Balance due. FNGC may prepay the Cash
Balance in cash at any time.

      3. Entire Agreement. This Agreement contains the sole, complete and entire
agreement and understanding of the Parties concerning the matters contained
herein and may not be altered, modified, or changed in any manner except by a
writing duly executed by the Parties. No Party is relying on any representations
other than those expressly set forth herein. No conditions precedent to the
effectiveness of this Agreement exists, other than as expressly provided for
herein. There are no oral or written collateral agreements hereto. All prior
discussions and negotiations have been and are merged, integrated into and
superseded by this Agreement.

      4. Waiver. The delay or failure of a Party to exercise any right, power or
privilege hereunder, or failure to strictly enforce any breach or default shall
not constitute a waiver with respect thereto; and no waiver of any such right,
power, privilege, breach or default on any one occasion shall constitute a
waiver thereof on subsequent occasion unless clear and express notice thereof in
writing is provided.

      5. Applicable Law; Venue. This Agreement shall be governed by and
construed and enforced in accordance with and subject to the laws of the State
of New York, and any and all actions brought under this Agreement shall be
brought in the state or federal courts sitting in New York, New York.

      6. Warranties. The Parties, and each of them, warrant: (i) that they, and
each of them, have the sole right and exclusive authority to execute this
Agreement; and (ii) that they have not sold, assigned, transferred, conveyed or
otherwise disposed of any claim, demand, cause of action, obligation, damage or
liability covered in this Agreement.

      7. Recitals Incorporated. The Recitals of this Agreement are incorporated
herein and made a part hereof.

                                       2
<PAGE>

      8. Counterparts. This Agreement may be executed in one or more
counterparts, all of which together constitute one single document.

      9. Facsimile Signatures. This Agreement and any documents relating to it
may be executed and transmitted to any other party by facsimile, which facsimile
shall be deemed to be, and utilized in all respects as, an original, wet-inked
document.

      IN WITNESS WHEREOF, the Parties hereto have executed this Note and
Settlement Agreement as of the day and year first written above.

                                            FALCON NATURAL GAS CORP.

                                            By:  /s/ Massimiliano Pozzoni
                                                 ------------------------
                                            Name:    Massimiliano Pozzoni
                                            Title:   Vice President

                                            SOURCE CAPITAL GROUP, INC.

                                            By:  /s/ William F. Butler
                                                 ---------------------
                                            Name:    William F. Butler
                                            Title:   Managing Director

                                       3

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