Document:

Shareholders Agreement

 Exhibit 10.1 
 SHAREHOLDERS AGREEMENT 
 This SHAREHOLDERS AGREEMENT (this
“Agreement”) is made and entered into on December 28, 2012, by and among Zix Corporation, a Texas corporation (the “Company”), and Rockall Emerging Markets Master Fund Limited, a Cayman Islands exempted company
(“Rockall”), Meldrum Asset Management, LLC, a Delaware limited liability company and the investment manager of Rockall (“Meldrum”), Fulvio Dobrich, Con Egan, Conor O’Driscoll, Michael E. Dailey and Mark J.
Bonney (each, including Rockall and Meldrum, a “Holder” and, collectively, the “Holders”). 

RECITALS 

WHEREAS, the Holders have filed with the Commission a Schedule 13D and amendments thereto reporting, among other things, their beneficial
ownership of common stock of the Company (as amended as of November 20, 2012, the “Meldrum Schedule 13D”) and stating that they intend, at a requested special meeting of the Company’s shareholders, to propose the removal,
without cause, of specified members of the Company’s board of directors (the “Board”), and to elect specified individuals to fill any vacancies resulting from the removal of such directors (collectively, the “Proposed
Solicitation”); and 
 WHEREAS, the Company and the Holders have each determined that it is in their respective best
interests to enter into this Agreement whereby (i) the Company will temporarily expand the Board to add new members and (ii) the Holders will abandon the Proposed Solicitation and be temporarily restricted from taking other actions, in
each case as more fully provided herein; 
 NOW, THEREFORE, in consideration of the premises, the mutual covenants and
agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: (Terms used and not otherwise defined in this Agreement have the respective
meanings ascribed to them in Section 6.14 of this Agreement.) 
 ARTICLE I 

BOARD MATTERS AND RELATED AGREEMENTS 
 Section 1.01. Board Matters 
 (a) Effective as of
January 1, 2013, pursuant to the powers granted to it under the Bylaws, the Board shall create two additional directorships, thereby temporarily increasing the size of the Board from six to eight directorships, and appoint the Meldrum Designees
to fill such new directorships, with initial terms expiring at the Company’s 2013 annual meeting of shareholders (the “2013 Annual Meeting”). 
 (b) The Board shall (i) use reasonable, good faith efforts to encourage the voluntary resignation or retirement of one director of the Company effective no later than March 1, 2013, and
(ii) adopt a resolution, effective upon that resignation or retirement, reducing the number of directorships from eight to seven. 
 (c) The Board shall (i) nominate the Meldrum Designees, including any Meldrum Designee replacement, as applicable, and no more than five additional nominees (together with the Meldrum Designees, the
“Company Nominees”), to stand for election as directors of the Company at the 2013 Annual Meeting, (ii) recommend the election of all such nominees and solicit proxies in respect thereof

  
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substantially in accordance with its past practice, (iii) in connection with such nomination, adopt a resolution setting the size of the Board at seven directorships, effective no later than
immediately following the final adjournment of the 2013 Annual Meeting, and (iv) vote the Voting Securities represented by all proxies granted by shareholders in connection with the solicitation of proxies by the Board for such meeting in favor
of the Company Nominees, except to the extent that the Board or its proxy holder(s) determine such proxies indicate a vote to withhold authority or abstain with respect to any Company Nominee. 

(d) The Board agrees that if any meeting of shareholders, other than the 2013 Annual Meeting, is to be held at any time from the date
hereof through earlier of the Standstill Termination Date and any violation of Section 3.02, to the extent directors are to be elected or nominated for election at such meeting of shareholders, the Company will nominate the Meldrum Designees,
or any Meldrum Designee replacement(s), as applicable, and recommend the election of the Meldrum Designees or any Meldrum Designee replacement(s) and solicit proxies in respect thereof substantially in accordance with its past practice. 

(e) At the Board meeting at which the Meldrum Designees are first elected as members of the Board, the Board shall appoint
Mr. Bonney to the Audit Committee of the Board and Mr. Dailey to the Compensation Committee of the Board. 
 (f)
Effective as of January 1, 2013, the Board shall amend Section 1.03 of the Bylaws to eliminate the final sentence thereof. 
 (g) From the date hereof through the appointment of the Meldrum Designees to the Board, the Company shall not enter into any new, or modify any existing, employment or severance agreements or arrangements
with any of the Company’s officers or directors. 
 Section 1.02. Meldrum Designee Replacements.

 (a) If before the 2013 Annual Meeting, a Meldrum Designee dies or is disabled such that he is rendered unable to serve on the
Board, and if there has been no Resignation Event, or resigns for any reason, Meldrum shall be entitled to nominate a replacement for the vacancy left by such death or disability or resignation of such Meldrum Designee. Any Meldrum Designee who
ceases to serve as a member of the Board before the 2013 Annual Meeting, other than as a result of death or disability, shall forfeit all equity awards granted thereto. 
 (b) Nominations pursuant to paragraph (a) of this Section 1.02 shall be made by written notice delivered to the Company in accordance with Section 6.02. Each such nominee shall be an
individual of high personal and professional integrity and ethics, relevant expertise and professional experience and possess such other qualifications necessary for service on the Board, as determined by the Nominating & Corporate
Governance Committee of the Board. Each such nominee shall be promptly reviewed by the Nominating & Corporate Governance Committee and, subject to the approval of such committee, thereafter recommended by such committee to the Board for
election to the Board; provided that the foregoing recommendation and election shall not be unreasonably withheld or delayed; and provided further that it shall be a condition to any such nominee’s election to the Board that such
nominee agree in writing to be bound by the provisions of this Agreement. Any nominee appointed to the Board pursuant to this Section 1.02 shall be deemed a Meldrum Designee for purposes of this Agreement. 

Section 1.03. Restrictions on Charter and Bylaw Amendments and Board Size. The Company shall not, prior to the earlier
of the Standstill Termination Date and any violation of Section 3.02, adopt by action of the Board any amendment to the Bylaws that would limit or restrict the rights of its shareholders in any way, including without limitation, by changing the
advance notice provisions of the Bylaws set forth in Section 1.12 thereof or imposing any other notification requirement on shareholders of 

  
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the Company regarding business to be conducted at shareholder meetings or prescribe any criteria or qualifications for the election of directors beyond those set forth in the Company’s
published Director Nomination Process. The Company also agrees that it will not, prior to the earlier of the Standstill Termination Date and any violation of Section 3.02, (a) create any additional directorship or (b) propose any
amendment to the Company’s Restated Articles of Incorporation. 
 Section 1.04. Designee Information.
The Holders agree to provide to the Company, promptly upon request, true and complete information regarding each Meldrum Designee required for inclusion in the Company’s proxy statement relating to the 2013 Annual Meeting. 

Section 1.05. Expenses. The Company shall reimburse Meldrum and its Affiliates for all out-of-pocket costs and
expenses actually and reasonably incurred by Meldrum and its Affiliates, to the extent such expenses (a) have been substantiated in appropriate documentation provided to the Company and (b) are directly related to (i) the preparation
and filing of any materials relating to the Proposed Solicitation by Meldrum and its Affiliates and any legal fees related thereto, including without limitation, any Schedule 13D filings, letters and correspondences by and between the parties and/or
their respective outside counsel and any proxy filings under Regulation 14A, or (ii) the preparation for and the solicitation of proxies for the Proposed Solicitation, including without limitation legal fees and the fees of any proxy solicitor
retained by Meldrum and its Affiliates for such meeting; provided, that reimbursement of such expenses shall not exceed $100,000 in the aggregate. 
 ARTICLE II 
 VOTING 

From the date hereof through the Standstill Termination Date, at each meeting of shareholders of the Company, the Holders shall cause all
Voting Securities beneficially owned by any member of the Meldrum Group, and with respect to which any such member has voting rights on the applicable record date, to be present at such meeting for purposes of establishing a quorum and to be voted
(a) for the director nominees recommended by the Board, provided that the Company has complied with Sections 1.01(c) and (d) above, (b) against any director nominees proposed in opposition to the nominees of the Board at any such
meeting and (c) in accordance with the recommendation of the Board on any other proposals or matters to be voted on by the shareholders, unless, as relates to any proposals other than the election or removal of directors, Institutional
Shareholder Services, Inc. (“ISS”) recommends otherwise, in which case the Holders shall be permitted to vote all of their respective Voting Securities in accordance with the ISS recommendation. Notwithstanding the foregoing,
nothing herein shall prevent the Holders from voting their respective Voting Securities as they see fit on any proposals related to a merger, acquisition or disposition of all or substantially all of the assets of the Company or other business
combination involving the Company. No later than five business days prior to each such meeting of shareholders, the Holders shall cause all Voting Securities beneficially owned by any member of the Meldrum Group to be voted in accordance with this
Article II. No Holder shall, and each Holder agrees to cause each member of the Meldrum Group not to, revoke or change any vote or instruction to vote in connection with any such meeting of shareholders unless such revocation or change is required
or permitted in accordance with the first sentence of this Article II. Each Holder agrees and acknowledges that this paragraph constitutes a valid and binding voting agreement made in accordance with the Texas Business Organizations Code and has
been noted conspicuously on any Voting Securities held by them or that this Agreement constitutes written notice from the Company thereof. Each Holder agrees that it shall not withdraw, contest, challenge or seek to withdraw, contest or challenge
the validity or effectiveness of this voting agreement. 

  
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 ARTICLE III 
 OTHER AGREEMENTS 
 Section 3.01. Cessation of Proposed
Solicitation. The Holders hereby irrevocably withdraw their notice to the Company, as amended, relating to the Proposed Solicitation described in the Meldrum Schedule 13D. Each Holder shall, and shall cause each member of the Meldrum Group
to, immediately cease any and all solicitation and related efforts in connection with the Proposed Solicitation. 

Section 3.02. Standstill. From the date hereof through the Standstill Termination Date, no Holder shall, and each
Holder agrees to cause each member of the Meldrum Group not to, directly or indirectly: (i) make, engage in, or in any way participate in, any “solicitation” of “proxies” (as such terms are used in the Commission’s
proxy rules but without regard to the exclusion set forth in Rule 14a-1(l)(2)(iv)) or consents to vote or otherwise solicit consents from or conduct any referendum of shareholders, (ii) call, seek to call, direct or request any meeting of
shareholders of the Company, (iii) submit or be the proponent of any proposal for consideration at any meeting of shareholders of the Company (including pursuant to Rule 14a-8 promulgated under the Exchange Act), (iv) seek representation
on the Board, seek the removal of any member of the Board or otherwise act, alone or in concert with others, to seek to control or influence the management, Board or policies of the Company; provided, however, that nothing herein will limit the
ability of the Meldrum Group to nominate a replacement director(s) in accordance with Section 1.02 hereof, (v) engage in any course of conduct with the purpose of causing other Company shareholders to vote contrary to the recommendation of
the Board on any matter presented to them for a vote; provided however, such restriction shall not apply to any proposals that have been presented to shareholders for a vote prior to the Standstill Termination Date that are related to a merger,
acquisition or disposition of all or substantially all of the assets of the Company or other business combination involving the Company, (vi) make any request for any stockholder list or Company records, (vii) form, join, encourage,
influence, advise or in any way participate in any “partnership, limited partnership, syndicate or other group” (within the meaning of Section 13(d)(3) of the Exchange Act) with respect to any securities of the Company or otherwise
deposit or subject any securities of the Company to any voting trust or arrangement or agreement with respect to the voting thereof; provided, however, such restrictions shall not apply to any “group” comprised solely of all or some lesser
number of Holders, (viii) effect, seek, offer or propose any tender or exchange offer, merger, business combination, recapitalization, liquidation or other extraordinary transaction involving the Company or its subsidiaries, (ix) sell,
offer or agree to sell, through swap or hedging transactions or otherwise, voting rights decoupled from the underlying common stock of the Company held by the Holders to any third party, (x) enter into any discussions, negotiations,
arrangements or understandings with any Person other than the Company with respect to any of the foregoing, advise, assist, encourage or seek to persuade or influence others to take any action with respect to any of the foregoing or announce any
plan or proposal to take any action with respect to any of the foregoing or (xi) publicly request any waiver or amendment of any of the foregoing provisions. 
 Section 3.03. Confidentiality. Each Meldrum Designee agrees, upon his appointment as a member of the Board, to abide by the confidentiality requirements generally applicable to the
members of the Board. 
 Section 3.04. Non-Disparagement. From the date hereof through the Standstill
Termination Date, the Company and the Holders agree not to, and each Holder agrees to cause each member of the Meldrum Group not to, make any statement, written or oral, to any Person (i) reasonably likely to be harmful to the other party or
parties or its or their officers, directors or employees or to be injurious to the goodwill, reputation or business standing of the other party or parties or its or their officers, directors or employees or (ii) that is disparaging or
defamatory about the Company or the Holders, as the case may be, or their respective officers, directors or employees; provided, however, that this Section 3.04 shall not preclude (a) any party or its representatives from
(i) any good faith response to any inquiries under oath or in response to inquiry by a Governmental or Regulatory Authority or (ii) any notification to a Governmental or Regulatory Authority reporting a violation of applicable law,
regulations or standards 

  
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governed by such authority, if such notification is, upon advice of counsel, required by such Person to be so made, and provided that such Person uses reasonable best efforts to keep such
notification confidential or (b) any director, in the exercise of his or her fiduciary duties, from making statements during meetings of the Board or any committees thereof of which he or she is a member. 

Section 3.05. Publicity. Promptly after execution and delivery of this Agreement, the Company agrees to
issue a press release announcing the principal terms hereof in substantially the form attached hereto as Exhibit A. Neither the Company, nor the Holders, nor any of their respective representatives shall make any public comments or disclosures
concerning the subject matter of this Agreement that deviates in any material respect from the content of such press release. The Holders shall, and shall cause each member of the Meldrum Group to, promptly file an amendment to the Meldrum
Schedule 13D reporting entry into this Agreement, amending applicable items to conform to their obligations hereunder and appending or incorporating by reference this Agreement as an exhibit thereto. The Holders shall provide the Company with a copy
of such amendment to the Meldrum Schedule 13D within a reasonable period (and, in any event, at least one business day) in advance of filing such amendment with the Commission in order to provide the Company with a reasonable opportunity to review
and comment on such materials. The Holders shall, in good faith, take into consideration the comments received from the Company on such amendment and shall take reasonable efforts to incorporate such comments into the applicable materials.

 Section 3.06. Meldrum Designee Resignations. Notwithstanding any other provision of this Agreement to the
contrary, each Meldrum Designee hereby irrevocably resigns as a director of the Company, effective immediately upon the occurrence of a Resignation Event, unless a majority of the members of the Board (excluding the applicable Meldrum Designee(s))
votes to refuse to accept, and to reject, any such resignation. The parties agree and acknowledge that the preceding sentence shall serve as each Meldrum Designee’s formal resignation delivered to the Company and that no additional agreement,
notice or action shall be necessary to immediately effectuate such resignations in accordance therewith. The Holders agree that they shall not challenge, contest or withdraw, or seek to challenge, contest or withdraw, the validity or effectiveness
of any such resignations. 
 ARTICLE IV 
 REPRESENTATIONS AND WARRANTIES OF THE HOLDERS 
 The Holders, jointly and
severally, hereby represent and warrant to the Company as follows: 
 (a) Each of Rockall and Meldrum is an exempted or
limited liability company, as the case may be, duly formed, validly existing and in good standing under the laws of the jurisdiction of its formation. Each Holder has the requisite power and authority to execute and deliver this Agreement, to
perform its obligations hereunder and to consummate the transactions contemplated hereby, and such execution, delivery and performance has been duly and validly authorized. This Agreement has been duly and validly executed and delivered by
each Holder and constitutes a legal, valid and binding obligation of each such Holder, enforceable against such Holder in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or
other similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (regardless of whether such enforceability is considered in a proceeding in equity or at law) (the “enforceability
qualifications”). 
 (b) The execution and delivery by each Holder of this Agreement do not, and the performance
by each Holder of such Holder’s obligations under this Agreement and the consummation of the transactions contemplated hereby will not: (i) conflict with or result in a violation or breach of any term or provision of any law, statute, rule
or regulation or any order, judgment or decree of any 

  
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Governmental or Regulatory Authority applicable to such Holder or any of such Holder’s properties or assets; or (ii) conflict with or result in a violation or breach of, constitute a
default under, or require such Holder to obtain any consent, approval or action of, make any filing with or give any notice to any Person as a result or under the terms of, any contract, agreement, permit or license to which such Holder is a party.
No consent, approval or action of, filing with or notice to any Governmental or Regulatory Authority on the part of any Holder is required in connection with the execution and delivery of this Agreement, other than any filing with the Commission
required in connection with the execution and/or delivery of this Agreement or the issuance of the press release referred to in Section 3.05. No member of the Meldrum Group beneficially owns any Equity Securities other than as disclosed in the
Meldrum Schedule 13D. The Holders have provided to the Company true and complete information regarding each Meldrum Designee as would be required by federal securities laws and the rules of the Commission to be included in a proxy statement (if such
proxy statement were being filed with the Commission on the date hereof) naming such designees as director nominees. 

ARTICLE V 

REPRESENTATIONS AND WARRANTIES OF THE COMPANY 
 The Company hereby represents and warrants to the Holders as follows: 
 (a)
The Company is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Texas. The Company has the requisite corporate power and authority to execute and deliver this Agreement, to perform its
obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery by the Company of this Agreement, and the performance by the Company of its obligations hereunder, have been duly and validly authorized. This
Agreement has been duly and validly executed and delivered by the Company and constitutes a legal, valid and binding obligation of the Company in accordance with its terms, except as enforceability may be limited by the enforceability
qualifications. 
 (b) The execution and delivery by the Company of this Agreement do not, and the performance by the
Company of its obligations under this Agreement and the consummation of the transactions contemplated hereby will not: (i) conflict with or result in a violation or breach of any term or provision of any law, statute, rule or regulation or any
order, judgment or decree of any Governmental or Regulatory Authority applicable to the Company or any of its properties or assets; or (ii) conflict with or result in a violation or breach of, constitute a default under, or require the Company
to obtain any consent, approval or action of, make any filing with or give any notice to any Person as a result or under the terms of, any contract, agreement, permit or license to which the Company is a party, except for filings with the Commission
in connection with the matters provided for in this Agreement. No consent, approval or action of, filing with or notice to any Governmental or Regulatory Authority on the part of the Company is required in connection with the execution and delivery
of this Agreement, other than any filing with the Commission required in connection with the execution and/or delivery of this Agreement or the issuance of the press release referred to in Section 3.05. 

ARTICLE VI 

GENERAL PROVISIONS 
 Section 6.01. Amendment and Waiver. This Agreement may not be amended or supplemented, and no waivers or consents to departures from the provisions hereof will be effective, unless set
forth in a writing agreed to, signed by, and delivered to, the Company, on one hand, and the Holders, on the other. No failure or delay of any party in exercising any power or right under this Agreement will operate as a waiver thereof, nor will any
single or partial exercise of any right or power, or any abandonment or discontinuance of steps to enforce such right or power, preclude any other or further exercise thereof or the exercise of any other right or power. 

  
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 Section 6.02. Notices. For all purposes of this Agreement, the Company
shall not be required to recognize any notice purportedly delivered by or on behalf of any Holder or any other member of the Meldrum Group unless such notice is delivered to the Company by or on behalf of Meldrum. All notices, requests and other
communications hereunder must be in writing and will be deemed to have been duly given only if delivered personally or by facsimile transmission or by reputable overnight courier (costs prepaid) to the parties at the following addresses or facsimile
numbers: 
 If to any Holder or other member of the Meldrum Group, to: 

Rockall Emerging Markets Master Fund Limited 
 c/o M&C Corporate Services Limited, P.O. Box 309GT 
 Ugland House, South Church
Street, George Town 
 Grand Cayman, Cayman Islands 
 Facsimile No.: (212) 451-2222 
 Attention: Con Egan, Manager 

With a copy (which shall not constitute notice) to: 
 Olshan Frome Wolosky LLP 
 Park Avenue Tower 

65 East 55th Street 
 New York, New York 10022 
 Attention: Steve Wolosky 

                  Andrew Freedman 

Telephone: (212) 451-2333 
 Facsimile: (212) 451-2222 
 If to the Company, to: 

Zix Corporation 

2711 North Haskell Avenue 
 Suite 2200, LB 36 
 Dallas, Texas 75204-2960 

Facsimile No.: (214) 515-7385 
 Attn: Corporate Secretary 
 With a copy (which shall not constitute notice) to:

 Baker Botts L.L.P. 
 2001 Ross Avenue 
 Dallas, Texas 75201 

Attention: Don McDermett 
                   David Sterling 
                   Paul F. Perea 
 Telephone: (214) 953-6454 
 Facsimile: (212) 661-4454 

All such notices, requests and other communications will (i) if delivered personally to the address as provided in this Section, be
deemed given upon delivery, (ii) if delivered by facsimile transmission to 

  
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the facsimile number as provided in this Section, be deemed given upon receipt, and (iii) if delivered by overnight courier in the manner described above to the address as provided in this
Section, be deemed given upon receipt (in each case regardless of whether such notice, request or other communication is received by any other Person to whom a copy of such notice, request or other communication is to be delivered pursuant to this
Section). Any party from time to time may change its address, facsimile number or other information for the purpose of notices to that party by giving notice specifying such change to the other parties hereto. 

Section 6.03. Entire Agreement. This Agreement, including the Exhibit attached hereto, embodies the entire agreement
and understanding of the parties hereto in respect of the subject matter contained herein. This Agreement supersedes all prior agreements, understandings and discussions between the parties hereto with respect to such subject matter. Neither the
Holders nor any other Person makes any express or implied representation or warranty on behalf of any Holder other than as expressly set forth in Article IV. Neither the Company nor any other Person makes any express or implied representation or
warranty on behalf of the Company other than as expressly set forth in Article V. 
 Section 6.04. No Third Party
Beneficiary. The terms and provisions of this Agreement are intended solely for the benefit of each party hereto, and it is not the intention of the parties to confer third party beneficiary rights upon any other Person. 

Section 6.05. No Assignment; Binding Effect. Neither this Agreement nor any right, interest or obligation hereunder
may be assigned by any party hereto without the prior written consent of the other parties hereto and any attempt to do so will be void. Subject to the preceding sentence, this Agreement is binding upon, inures to the benefit of and is enforceable
by the parties hereto and their respective successors and permitted assigns and legal representatives. The obligations of the Holders under this Agreement are joint and several. 

Section 6.06. Specific Performance. The parties acknowledge that money damages are not an adequate remedy for
violations of any provision of this Agreement and that any party may, in such party’s sole discretion, apply to the District Courts of Dallas County, Texas or the United States District Court for the Northern District of Texas—Dallas
Division (“Texas Courts”), without the necessity of posting a bond or other security, for specific performance or for injunctive or such other relief as such court may deem just and proper in order to enforce any such provision or
prevent any violation hereof and, to the extent permitted by applicable law, each party waives any objection to the imposition of such relief. 
 Section 6.07. Interpretation. The headings used in this Agreement have been inserted for convenience of reference only and do not define or limit the provisions hereof. Unless the
context of this Agreement otherwise requires, (i) words of any gender include the other gender; (ii) words using the singular or plural number also include the plural or singular number, respectively; (iii) the terms
“hereof,” “herein,” “hereby” and derivative or similar words refer to this entire Agreement; (iv) the terms “Article” or “Section” refer to the specified Article or Section of this Agreement;
(v) all references to statutes, rules and regulations are to the enumerated statutes, rules and regulations and any successor statute, rule or regulation, and (vi) unless the context clearly otherwise requires, the terms
“including” and “includes” shall be construed to be inclusive rather than exclusive. Whenever this Agreement refers to a number of days, such number shall refer to calendar days unless business or trading days are specified.

 Section 6.08. Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid or
unenforceable under any present or future law, and if the intended rights of any party hereto under this Agreement will not be forfeited in any material respect as a result thereof, (i) such provision will be fully severable, (ii) this
Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part hereof and (iii) the remaining provisions of this Agreement will remain in full force and effect and will not be affected
by the illegal, invalid or unenforceable provision or by its severance herefrom. 

  
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 Section 6.09. Governing Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of Texas applicable to a contract executed and performed in such State, without giving effect to the conflicts of laws principles thereof. 

Section 6.10. Consent to Jurisdiction and Service of Process. Each party hereby irrevocably submits to
the exclusive jurisdiction of the Texas Courts in any action, suit or proceeding arising out of or in connection with this Agreement, agrees that any such action, suit or proceeding shall be brought only in such courts (and waives any objection
based on forum non conveniens or any other objection to venue therein to the extent permitted by law), and agrees to delivery of service of process by any of the methods by which notices may be given pursuant to Section 6.02, with such
service being deemed given as provided in such Section; provided, however, that such consent to jurisdiction is solely for the purpose referred to in this Section 6.10 and shall not be deemed to be a general submission to the
jurisdiction of said courts or any other courts in the State of Texas other than for such purpose. 
 Section 6.11.
Counterparts. This Agreement may be executed in any number of counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. 

Section 6.12. Termination. This Agreement may be terminated (i) by mutual written agreement of the parties
hereto or (ii) by either the Company or the Holders if any material breach of this Agreement has been committed by any of the Holders or the Company, respectively, and such breach has not been waived. The provisions of Section 3.03 shall
survive any termination of this Agreement for the period provided therein, and the provisions of Section 3.06 shall survive any termination of this Agreement without expiration. 

Section 6.13. Holder Representative; Appointment of Attorney-in-Fact. Each Holder, by its execution of this Agreement,
hereby irrevocably appoints Meldrum (the “Holder Representative”) as its agent, proxy and attorney-in-fact for all purposes of this Agreement, including, without limitation, entering into and granting any amendments, modifications,
waivers or consents hereunder or hereto. The Company and its representatives need not be concerned with, and shall be entitled to rely on, the authority of the Holder Representative to act and communicate on behalf of all Holders hereunder, and the
Company and its Affiliates and their respective representatives shall not be held liable or accountable in any manner for any act or omission of the Holder Representative in such capacity. The grant of authority provided for in this
Section 6.13 is coupled with an interest and is being granted, in part, as an inducement to the parties to enter into this Agreement, shall be irrevocable and survive the death, incompetency, bankruptcy or liquidation of any Holder and shall be
binding on any successor thereto or any assignee thereof. 
 Section 6.14. Definitions. As used
in this Agreement, the following terms shall have the respective meanings set forth below. 
 “Affiliate” has
the meaning assigned thereto in Rule 12b-2 promulgated under the Exchange Act. 
 “beneficially owns” (or
comparable variations thereof) has the meaning set forth in Rule 13d-3 promulgated under the Exchange Act. 

“Bylaws” means the Amended and Restated Bylaws of the Company. 

“Commission” means the Securities and Exchange Commission. 

  
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 “Equity Securities” means Voting Securities, options and rights (whether
presently exercisable or not) to purchase Voting Securities and any derivative instruments, agreements or arrangements evidencing any indicia of ownership with respect to Voting Securities. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated
thereunder. 
 “Governmental or Regulatory Authority” means any court, tribunal, arbitrator, authority, agency,
commission, official or other instrumentality of the United States, any foreign country or any domestic or foreign state, county, city or other political subdivision, or any stock exchange or market in which Voting Securities are listed for trading
or traded. 
 “Meldrum Designees” means Mark J. Bonney, Michael E. Dailey, and any subsequent designee elected
to the Board pursuant to Section 1.02. 
 “Meldrum Group” means (a) the Holders, (b) any and all
Affiliates of any Holder and any Person as to which beneficial ownership of Equity Securities, directly or indirectly, is controlled or shared by a Holder, (c) the then-current officers, directors or managing members (or Persons serving in
equivalent capacities) of any Person described in clauses (a) or (b) above, (d) with respect to any Person described in clauses (a) or (b) above who is an individual, (i) any and all immediate family members of such
Person, (ii) the heirs, executors, personal representatives and administrators of such Person, (iii) any and all trusts established for the benefit of such Person and (iv) any and all charitable foundations the investment decisions of
which are controlled by such Person and (e) the other members of any and all groups (within the meaning of Section 13(d)(3) of the Exchange Act) of which any Holder or any Person described above is a member. 

“Person” means any individual, corporation, limited liability company, partnership, trust, other entity or group (within
the meaning of Section 13(d)(3) of the Exchange Act). 
 “representatives” of any Person means such
Person’s directors, officers, employees, legal, investment banking and financial advisors, accountants and any other agents and representatives of such Person. 
 “Resignation Event” means the earliest to occur of the following: (a) the first date on which any member of the Meldrum Group engages in any of the activities prohibited by
Section 3.02, if such violation is not wholly cured within three business days following written notice thereof by the Company in accordance with Section 6.02, (b) the first date on which the Meldrum Group’s aggregate beneficial
ownership (calculated in accordance with the beneficial ownership rules promulgated under the Exchange Act) of, or voting power with respect to (including through sales of, offers or agreements to sell, directly or indirectly, through swap or
hedging transactions or other disposition of, voting rights decoupled from the underlying common stock of the Company held by the Holders), Voting Securities is reduced to less than 5.0% of the Company’s then-outstanding Voting Securities
(subject to adjustment for stock splits, reclassifications, combinations and similar events), (c) the first date after the Standstill Termination Date on which any member of the Meldrum Group engages in any activity that was, prior to the
Standstill Termination Date, prohibited by clauses (i) through (vi), inclusive (together with clause (xi) as it relates to such clauses) of Section 3.02, and (d) the date on which this Agreement is terminated. 

“Standstill Termination Date” means June 30, 2013. 

“Voting Securities” means the common stock, par value $0.01 per share, of the Company and any other securities of the
Company of any kind or class having the power generally to vote for the election of directors. 

  
 10 

 * * * Signature page(s) follow * * * 

  
 11 

 IN WITNESS WHEREOF, each party hereto has signed this Agreement, or caused this Agreement to
be signed on its behalf, on the date first above written. 
  

			
	ZIX CORPORATION
		
	By:  	 	/s/ Rick Spurr
		 	Name: Rick Spurr
		 	Title: Chairman & CEO

  

			
	 ROCKALL EMERGING MARKETS
    MASTER FUND LIMITED

 
 By: Meldrum Asset Management, LLC,
       its
Investment Manager

		
	By:  	 	/s/ Conor F. O’Driscoll
		 	Name: Conor O’Driscoll
		 	Title: Chairman

  

			
	MELDRUM ASSET MANAGEMENT, LLC
		
	By:  	 	/s/ Conor F. O’Driscoll
		 	Name: Conor O’Driscoll
		 	Title: Principal

 
	
	
	/s/ Con Egan
	Con Egan

 
	
	
	/s/ Conor F. O’Driscoll
	Conor O’Driscoll

 
	
	
	/s/ Fulvio Dobrich
	Fulvio Dobrich

 
	
	
	/s/ Michael E. Dailey
	Michael E. Dailey

 
	
	
	/s/ Mark J. Bonney
	Mark J. Bonney

 Signature page to Zix-Meldrum Shareholders Agreement 

  
 12Sale Supplement

 Exhibit 10.1 

 
  

 
 SALE SUPPLEMENT

 dated as of December 26, 2012 
 between 
 OCWEN LOAN SERVICING, LLC, as Seller, 

HLSS HOLDINGS, LLC, as Purchaser 
 and 
 HOME LOAN SERVICING SOLUTIONS, LTD., as Purchaser 

 
  

 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
			
	 ARTICLE 1
	 	 DEFINITIONS; REFERENCE TO MASTER SERVICING RIGHTS PURCHASE AGREEMENT
	  	 	1	  
			
	 1.1
	 	 Definitions
	  	 	1	  
			
	 1.2
	 	 Reference to the Master Servicing Rights Purchase Agreement
	  	 	7	  
			
	 ARTICLE 2
	 	 PURCHASE AND SALE OF SERVICING RIGHTS AND RIGHTS TO MSRS; ASSUMED LIABILITIES
	  	 	7	  
			
	 2.1
	 	 Assignment and Conveyance of Rights to MSRs
	  	 	7	  
			
	 2.2
	 	 Automatic Assignment and Conveyance of Servicing Rights
	  	 	8	  
			
	 2.3
	 	 MSR Purchase Price
	  	 	8	  
			
	 2.4
	 	 Assumed Liabilities and Excluded Liabilities
	  	 	8	  
			
	 2.5
	 	 Remittance of Excess Servicing Fees, Servicing Advance Receivables Fees and Related Amounts
	  	 	10	  
			
	 2.6
	 	 Payment of Estimated Purchase Price
	  	 	10	  
			
	 ARTICLE 3
	 	 PURCHASE AND SALE OF SERVICING ADVANCE RECEIVABLES
	  	 	10	  
			
	 3.1
	 	 Assignment and Conveyance of Servicing Advance Receivables
	  	 	10	  
			
	 3.2
	 	 Servicing Advance Receivables Purchase Price
	  	 	11	  
			
	 3.3
	 	 Servicing Advances
	  	 	11	  
			
	 3.4
	 	 Reimbursement of Servicing Advances
	  	 	11	  
			
	 ARTICLE 4
	 	 REPRESENTATIONS AND WARRANTIES OF SELLER
	  	 	12	  
			
	 4.1
	 	 General Representations
	  	 	12	  
			
	 4.2
	 	 Title to Transferred Assets
	  	 	12	  
			
	 4.3
	 	 Right to receive Servicing Fees
	  	 	12	  
			
	 4.4
	 	 Servicing Agreements and Underlying Documents
	  	 	12	  
			
	 4.5
	 	 Mortgage Pool Information, Related Matters
	  	 	12	  
			
	 4.6
	 	 Enforceability of Servicing Agreements
	  	 	13	  
			
	 4.7
	 	 Compliance With Servicing Agreements
	  	 	13	  
			
	 4.8
	 	 No Recourse
	  	 	14	  
			
	 4.9
	 	 The Mortgage Loans
	  	 	14	  
			
	 4.10
	 	 Servicing Advance Receivables
	  	 	16	  
			
	 4.11
	 	 Servicing Agreement Consents and Other Third Party Approvals
	  	 	16	  

  
 -i-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 4.12
	 	 Servicing Advance Financing Agreements
	  	 	17	  
			
	 4.13
	 	 Anti-Money Laundering Laws
	  	 	17	  
			
	 4.14
	 	 Servicer Ratings
	  	 	17	  
			
	 4.15
	 	 Eligible Servicer
	  	 	17	  
			
	 4.16
	 	 HAMP
	  	 	17	  
			
	 ARTICLE 5
	 	 CONDITIONS PRECEDENT
	  	 	17	  
			
	 5.1
	 	 Conditions to the Purchase of the Rights to MSRs and the Advance SPEs
	  	 	17	  
			
	 ARTICLE 6
	 	 SERVICING MATTERS
	  	 	18	  
			
	 6.1
	 	 Seller as Servicer
	  	 	18	  
			
	 6.2
	 	 Servicing
	  	 	18	  
			
	 6.3
	 	 Collections from Obligors and Remittances
	  	 	18	  
			
	 6.4
	 	 Servicing Practices
	  	 	19	  
			
	 6.5
	 	 Servicing Reports
	  	 	19	  
			
	 6.6
	 	 Escrow Accounts
	  	 	19	  
			
	 6.7
	 	 Notices and Financial Information
	  	 	19	  
			
	 6.8
	 	 Defaults under Deferred Servicing Agreements
	  	 	19	  
			
	 6.9
	 	 Continuity of Business
	  	 	19	  
			
	 6.10
	 	 Optional Termination or Clean Up Calls
	  	 	20	  
			
	 6.11
	 	 Amendments to Deferred Servicing Agreements; Transfer of Servicing Rights
	  	 	20	  
			
	 6.12
	 	 Assumption of Servicing Duties; Transfer of Rights to MSRs and Servicing Rights
	  	 	20	  
			
	 6.13
	 	 Termination Event
	  	 	20	  
			
	 6.14
	 	 Servicing Transfer
	  	 	21	  
			
	 6.15
	 	 Incorporation of Provisions from Subservicing Agreement
	  	 	21	  
			
	 ARTICLE 7
	 	 SELLER SERVICING FEES; COSTS AND EXPENSES
	  	 	21	  
			
	 7.1
	 	 Seller Monthly Servicing Fee
	  	 	21	  
			
	 7.2
	 	 Performance Fee
	  	 	21	  
			
	 7.3
	 	 Costs and Expenses
	  	 	22	  
			
	 7.4
	 	 Ancillary Income
	  	 	22	  
			
	 7.5
	 	 Calculation and Payment
	  	 	22	  

  
 -ii-

 TABLE OF CONTENTS 

(continued) 
  

							
	 	 	 	  	Page	 
			
	 7.6
	 	 No Offset
	  	 	22	  
			
	 7.7
	 	 Servicing Fee Reset Date
	  	 	23	  
			
	 ARTICLE 8
	 	 INDEMNIFICATION
	  	 	23	  
			
	 8.1
	 	 Seller Indemnification of Purchasers
	  	 	23	  
			
	 8.2
	 	 Purchasers Indemnification of Seller
	  	 	23	  
			
	 8.3
	 	 Indemnification Procedures
	  	 	24	  
			
	 8.4
	 	 Tax Treatment
	  	 	25	  
			
	 8.5
	 	 Survival
	  	 	25	  
			
	 8.6
	 	 Additional Indemnification
	  	 	25	  
			
	 8.7
	 	 Specific Performance
	  	 	25	  
			
	 ARTICLE 9
	 	 GRANT OF SECURITY INTEREST
	  	 	26	  
			
	 9.1
	 	 Granting Clause
	  	 	26	  
			
	 ARTICLE 10
	 	 MISCELLANEOUS PROVISIONS
	  	 	27	  
			
	 10.1
	 	 Further Assurances
	  	 	27	  
			
	 10.2
	 	 Compliance with Applicable Laws; Licenses
	  	 	27	  
			
	 10.3
	 	 Merger, Consolidation, Etc.
	  	 	27	  
			
	 10.4
	 	 Annual Officer’s Certificate
	  	 	27	  
			
	 10.5
	 	 Accounting Treatment
	  	 	28	  
			
	 10.6
	 	 Incorporation
	  	 	28	  
			
	 Exhibit A
	 	 Form of Monthly Remittance Report
	  			
			
	 Schedule I
	 	 Servicing Agreements
	  			
	 Schedule II
	 	 Underlying Documents
	  			
	 Schedule III
	 	 Retained Servicing Fee Percentage
	  			
	 Schedule IV
	 	 Target Ratio
	  			
	 Schedule V
	 	 Valuation Percentage
	  			
	 Schedule VI
	 	 Amortization Percentage
	  			

  
 -iii-

 SALE SUPPLEMENT 

This Sale Supplement, dated as of December 26, 2012 (this “Sale Supplement”), is between Ocwen Loan Servicing, LLC,
a Delaware limited liability company (“Seller”), HLSS Holdings, LLC, a Delaware limited liability company (“Holdings”) and Home Loan Servicing Solutions, Ltd. (“HLSS” and, together with Holdings,
the “Purchasers”): 
 WITNESSETH: 

WHEREAS, Seller and Purchasers are parties to that certain Master Servicing Rights Purchase Agreement, dated as of October 1, 2012
(as amended, supplemented and modified from time to time, the “Agreement”), with respect to the sale by Seller and the purchase by Purchasers of the Servicing Rights and other assets; and 

WHEREAS, Seller and Purchasers desire to enter into the transactions described in the Agreement as supplemented by this Sale Supplement;

 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and in
consideration of the mutual covenants herein contained, the parties hereto hereby agree as follows: 
 ARTICLE 1

 DEFINITIONS; REFERENCE TO MASTER SERVICING RIGHTS PURCHASE AGREEMENT 

1.1 Definitions. (a) For purposes of this Sale Supplement, the following capitalized terms shall have the respective meanings
set forth or referenced below: 
 “Additional Servicing Advance Receivable”: As defined in Section 3.1.

 “Advance SPEs”: Each of HLSS Servicer Advance Facility Transferor, LLC, a Delaware limited liability company, and
HLSS Servicer Advance Receivables Trust, a Delaware statutory trust. 
 “Amortization Percentage”: For each calendar
month following the Closing Date, the percentage set forth on Schedule VI to this Sale Supplement for such calendar month. 
 “Assumed Liabilities”: As defined in Section 2.4. 

“Book Value” means, with respect to the Rights to MSRs related to any Deferred Servicing Agreement, as of a specified date, an
amount equal to the amortized book value of such Rights to MSRs on HLSS’s financial statements as of such date. 

“Closing Date”: December 26, 2012; provided that, with respect to Section 5.3 of the Agreement, the Closing
Date shall be the related Servicing Transfer Date. 

  
 -1-

 “Closing Statement”: The statement delivered by Seller to Purchasers on the
Closing Statement Delivery Date setting forth the good faith calculation of the Estimated Purchase Price. 
 “Closing
Statement Delivery Date”: The Closing Date, unless otherwise agreed by Seller and Purchasers. 
 “Consent
Period”: For each Deferred Servicing Agreement and each related Deferred Servicing Right, the period, if any, from and including the Closing Date to and including the related Servicing Transfer Date. 

“Cut-off Date”: December 24, 2012, or such other date as is agreed by Seller and Purchasers. 

“Deferred Mortgage Loan”: A mortgage loan subject to a Deferred Servicing Agreement. 

“Deferred Servicing Agreement”: As of any date of determination, each Servicing Agreement that is not a Transferred Servicing
Agreement on such date. For avoidance of doubt, on the Closing Date each Servicing Agreement is a Deferred Servicing Agreement. 

“Deferred Servicing Right”: As of any date of determination, each Servicing Right arising under a Servicing Agreement that is a
Deferred Servicing Agreement on such date. 
 “Excess Servicing Advances”: For any calendar month, the amount, if any,
by which the outstanding Servicer Advances with respect to the Servicing Agreements as of the last day of such calendar month exceeds an amount equal to (a) the Target Ratio for such calendar month multiplied by (b) the unpaid principal
balance of the Mortgage Loans subject to the Servicing Agreements as of the last day of such calendar month. 
 “Excess
Servicing Fees”: For any calendar month, an amount equal to the product of (i) 16 annualized basis points and (ii) the aggregate unpaid principal balance of the Mortgage Loans underlying the Rights to MSRs as of the close of business
on the last Business Day of the prior calendar month. 
 “Excluded Liabilities”: As defined in
Section 2.4(c). 
 “Fannie Mae”: As defined in the Subservicing Agreement. 

“Indemnified Person”: A Purchaser Indemnified Party or a Seller Indemnified Party, as the case may be. 

“Indemnifying Person”: The Seller pursuant to Section 8.1 or the Purchasers pursuant to Section 8.2, as
the case may be. 
 “Initial Servicing Advance Receivable”: As defined in Section 3.1. 

“Investor”: With respect to any Securitization Transaction, any holder or other beneficial owner of any securities issued by
the related Trust. 

  
 -2-

 “Liability”: As defined in Section 8.1. 

“Monthly Remittance Report”: With respect to each Deferred Servicing Agreement, a report substantially in the form attached as
Exhibit A to this Sale Supplement or in such other form as may be agreed to by Seller and Purchasers from time to time. 

“Monthly Servicing Fee”: For each calendar month, the Base Subservicing Fee (as defined in the Subservicing Supplement) for
such calendar month together with the Seller Monthly Servicing Fee for such calendar month. 
 “Monthly Servicing Oversight
Report”: A report with respect to all of the Deferred Servicing Agreements and related Mortgage Loans in such form as may be agreed to by Seller and Purchasers from time to time. 

“MSR Purchase Price”: For each Servicing Agreement, an amount equal to the product of (i) the Valuation Percentage for
such Servicing Agreement and (ii) the aggregate unpaid principal balance of the Mortgage Loans subject to such Servicing Agreement as of the Closing Date. 
 “P&I Advance”: As defined in the Subservicing Agreement. 

“Performance Fee”: As defined in Section 7.2. 

“Purchaser Indemnified Party”: As defined in Section 8.2. 

“Purchase Price”: The sum of (a) the aggregate MSR Purchase Price for all of the Servicing Agreements and (b) the
aggregate Servicing Advance Receivables Purchase Price for any Initial Servicing Advance Receivables. 
 “Retained
Servicing Fee”: For any calendar month, an amount equal to the sum of (a) the product of the Retained Servicing Fee Percentage for such calendar month and the average unpaid principal balance of all Mortgage Loans subject to the Deferred
Servicing Agreements and the Transferred Servicing Agreements during such calendar month and (b) the Retained Servicing Fee Shortfall, if any, for the immediately prior calendar month. 

“Retained Servicing Fee Percentage”: For any calendar month, the percentage set forth on Schedule III to this Sale
Supplement. 
 “Retained Servicing Fee Shortfall”: For any calendar month, beginning in January 2013, an amount equal
to the excess, if any, of (a) the Retained Servicing Fee for such calendar month over (b) the excess, if any, of (x) the aggregate Servicing Advance Receivables Fees actually received by Holdings with respect to the Deferred Servicing
Agreements and pursuant to the Transferred Servicing Agreements during such calendar month (whether directly pursuant to such Transferred Servicing Agreements or pursuant to this Sale Supplement) over (y) the Monthly Servicing Fee for such
calendar month. 

  
 -3-

 “Rights to MSRs”: For each Servicing Agreement, each of the following assets:

 (a) all Servicing Fees payable to Seller as of or after the Closing Date under such Servicing Agreement and the right to
receive all Servicing Fees accruing and payable as of or after the Closing Date under such Servicing Agreement; 
 (b) the right
to purchase the Servicing Rights pursuant to Section 2.2 of this Sale Supplement; and 
 (c) any proceeds of any of
the foregoing. 
 “Sale Date”: For each Servicing Advance Receivable, the date on which such Servicing Advance
Receivable is transferred to Holdings pursuant to Section 3.1. 
 “Seller Indemnified Party”: As defined
in Section 8.1. 
 “Seller Monthly Servicing Fee”: As defined in Section 7.1. 

“Servicing Advance Financing Agreements”: Each of that certain Second Amended and Restated Indenture, dated as of
September 13, 2012, among HLSS Servicer Advance Receivables Trust, as issuer, Deutsche Bank National Trust Company, as indenture trustee, calculation agent, paying agent and securities intermediary, Holdings, as administrator and servicer,
Seller, as servicer and as a subservicer, and Barclays Bank plc and Wells Fargo Securities, LLC, as administrative agents, and each other “Transaction Document” as such term is defined therein, in each case as the same may be amended from
time to time. 
 “Servicing Advance Payment Date”: (a) For any Initial Servicing Advance Receivable, the Closing
Date and (b) for any Additional Servicing Advance Receivable, the Funding Date (as defined in the Servicing Advance Financing Agreement) for such Additional Servicing Advance Receivable. 

“Servicing Advance Receivable”: For each Servicer Advance, the right to receive reimbursement for such Servicer Advance under
the Servicing Agreement pursuant to which such Servicer Advance was made. 
 “Servicing Advance Receivables Fees”: For
any calendar month, an amount equal to the excess of the aggregate amount of Servicing Fees paid to Seller for such calendar month under each Servicing Agreement over the Excess Servicing Fees for such calendar month. 

“Servicing Advance Receivable Purchase Price”: With respect to each Servicing Advance Payment Date, for each Servicing Advance
Receivable, the outstanding amount that is reimbursable under the related Servicing Agreement with respect to such Servicing Advance Receivable as of such Servicing Advance Payment Date. 

“Servicing Agreement”: Each of the servicing agreements described on Schedule I and each of the Underlying Documents
described on Schedule II governing the rights, duties and obligations of Seller as servicer under such agreements. 

“Servicing Fee Reset Date”: The date which is six (6) years after the Closing Date. 

  
 -4-

 “Servicing Rights Assets”: As defined in Section 2.2. 

“Servicing Transfer Date”: With respect to each Servicing Agreement, the date on which all of the Third Party Consents related
to such Servicing Agreement necessary to transfer the related Servicing Rights to Purchasers are received or such later date mutually agreed to by Seller and Purchasers. 
 “Special Damages”: As defined in Section 8.3(d). 

“Subservicing Agreement”: That certain Master Subservicing Agreement, dated as of February 10, 2012, between the Seller,
as subservicer, and Holdings, as servicer, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time. 
 “Subservicing Supplement”: That certain Subservicing Supplement, dated as of December 26, 2012, between the Seller, as subservicer, and Holdings, as servicer, as the same may be amended,
amended and restated, supplemented or otherwise modified from time to time. 
 “Summary Schedule”: As defined in
Section 4.5(a). 
 “Target Ratio” for each calendar month shall mean the amount specified in Schedule
IV with respect to such month. 
 “Termination Event” means the occurrence of any one or more of the following
events (whatever the reason for the occurrence of such event and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any
administrative or governmental body): 
 (a) Seller fails to remit any payment required to be made under the terms of this Sale
Supplement (to the extent not resulting solely from Holdings failing to purchase a Servicing Advance Receivable required to be purchased by Holdings under this Sale Supplement), which continues unremedied for a period of one (1) Business Day
after the date on which written notice of such failure shall have been given by Holdings to Seller; 
 (b) Seller fails to
deliver any required information or report that is complete in all material respects as required pursuant to this Sale Supplement in the manner and time frame set forth herein, which failure continues unremedied for a period of two (2) Business
Days after the date on which written notice of such failure shall have been given to Seller by Holdings; 
 (c) Seller fails to
observe or perform in any material respect any other covenant or agreement of Seller set forth in the Agreement or this Sale Supplement, which failure continues unremedied for a period of thirty (30) days after the date on which written notice
of such failure shall have been given to Seller by Holdings; provided however, in the event that any such default is incurable by its own terms, a Termination Event shall be deemed to occur immediately hereunder without regard to the thirty
(30) day cure period set forth above; 
 (d) a material breach by Seller of any representation and warranty made by it in
the Agreement or this Sale Supplement, which breach continues unremedied for a period of thirty (30) days after the date on which written notice of such failure shall have been given to Seller by

  
 -5-

 
Holdings; provided, however, in the event that any such default is incurable by its own terms, a Termination Event shall be deemed to occur immediately hereunder without regard to the thirty
(30) day cure period set forth above; 
 (e) Seller fails to maintain residential primary servicer ratings for subprime
loans of at least “Average” by Standard & Poor’s Rating Services, a division of Standards & Poor’s Financial Services LLC (or its successor in interest), “SQ3” by Moody’s Investors Service, Inc.
(or its successor in interest) and “RPS4+” and “RSS4+” by Fitch Ratings (or its successor in interest); 

(f) Seller ceases to be a Fannie Mae, Freddie Mac or FHA approved servicer; 

(g) the occurrence of a Material Adverse Event; 
 (h) any of the conditions specified in the applicable “Servicer Default”, “Servicer Event of Default,” “Event of Default,” “Servicing Default” or “Servicer
Event of Termination” or similar sections of any Deferred Servicing Agreement or any related Underlying Document shall have occurred with respect to Seller for any reason not caused by Purchasers (other than as a result of any delinquency or
loss trigger which was already triggered as of the Closing Date with respect to such Deferred Servicing Agreement); provided that Seller shall be entitled to any applicable cure period set forth in such Deferred Servicing Agreement or Underlying
Document; 
 (i) a decree or order of a court or agency or supervisory authority having jurisdiction for the appointment of a
conservator or receiver or liquidator in any insolvency, bankruptcy, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against Seller and
such decree or order shall have remained in force undischarged or unstayed for a period of thirty (30) days; 
 (j) Seller
shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, bankruptcy, readjustment of debt, marshaling of assets and liabilities or similar proceedings of or relating to Seller or of or relating to all or
substantially all of its property; or 
 (k) Seller shall admit in writing its inability to pay its debts generally as they
become due, file a petition to take advantage of any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors or voluntarily suspend payment of its obligations. 

“Third-Party Claim”: As defined in Section 8.3(b). 

“Transferred Assets”: The Rights to MSRs and the Transferred Servicing Rights. 

“Transferred Receivables Assets”: As defined in Section 3.1. 

“Transferred Servicing Agreement”: As of any date of determination, a Servicing Agreement with respect to which the related
Servicing Rights have been transferred to Purchasers pursuant to Section 2.2 of this Sale Supplement or to its designee in accordance with the terms of this Sale Supplement on or prior to such date. For the avoidance of doubt, on the
Closing Date no Servicing Agreement is a Transferred Servicing Agreement. 

  
 -6-

 “Transferred Servicing Rights”: As of any date of determination, any Servicing
Rights that have been transferred to HLSS pursuant to Section 2.2 of this Sale Supplement on or prior to such date. 

“UCC”: As defined in Section 3.1. 
 “Valuation Percentage”: For each Servicing Agreement, the valuation percentage for such Servicing Agreement as set forth in Schedule V hereto. 

(b) Any capitalized term used but not defined in this Sale Supplement shall have the meaning assigned to such term in the Agreement.

 1.2 Reference to the Master Servicing Rights Purchase Agreement. Each of Seller and Purchasers agrees that
(a) this Sale Supplement is a “Sale Supplement” executed pursuant to Section 2.1 of the Agreement, (b) the terms of this Sale Supplement are hereby incorporated into the Agreement with respect to the Servicing
Agreements and the related Mortgage Loans to the extent set forth therein and herein, and (c) the terms of this Sale Supplement apply to the Servicing Agreements specified herein and not to any other “Servicing Agreement” as that term
is used in the Agreement. In the event of any conflict between the provisions of this Sale Supplement and the Agreement, the terms of this Sale Supplement shall prevail. 
 ARTICLE 2 
 PURCHASE AND SALE OF SERVICING RIGHTS AND RIGHTS TO MSRS;
ASSUMED LIABILITIES 
 2.1 Assignment and Conveyance of Rights to MSRs. 

(a) As of the Closing Date, subject to the terms and conditions set forth in the Agreement and this Sale Supplement, Seller does hereby
sell, convey, assign and transfer, in each case without recourse except as provided herein, free and clear of any Liens, (i) to HLSS all of its right, title and interest in and to all of the Excess Servicing Fees for each of the Servicing
Agreements, and (ii) to Holdings, any and all other right, title and interest in and to all of the Rights to MSRs for each of the Servicing Agreements. 
 (b) On and after the Closing Date, Holdings shall be obligated to maintain a complete and accurate list of Servicing Agreements that are Deferred Servicing Agreements and Transferred Servicing Agreements,
as the same shall be amended and modified from time to time in connection with Deferred Servicing Agreements becoming Transferred Servicing Agreements as contemplated by the terms and provisions of this Sale Supplement. The list of Deferred
Servicing Agreements and Transferred Servicing Agreements maintained by Purchasers under this Section 2.1(b) shall be (x) available for inspection by Seller at any time during normal business hours and (y) presumed to be
accurate absent manifest error on the part of Purchaser. 

  
 -7-

 2.2 Automatic Assignment and Conveyance of Servicing Rights. As of the Servicing
Transfer Date with respect to each Servicing Agreement, Seller does hereby sell, convey, assign and transfer to Holdings, without recourse except as provided herein, free and clear of any Liens, without further action by any Person, all of its
right, title and interest in and to the following assets (the “Servicing Rights Assets”): 
 (a) the Servicing
Rights in respect of all of the Mortgage Loans and REO Properties related to such Servicing Agreement, in each case together with all related security, collections and payments thereon and proceeds of the conversion, voluntary or involuntary of the
foregoing, other than the Excess Servicing Fees previously conveyed to HLSS pursuant to Section 2.1; 
 (b) all Ancillary
Income and Prepayment Interest Excess received as of or after the related Servicing Transfer Date under such Servicing Agreements and any rights to exercise any optional termination or clean-up call provisions under such Servicing Agreements;

 (c) all Custodial Accounts and Escrow Accounts related to such Servicing Agreement and amounts on deposit therein;

 (d) all files and records in Seller’s possession or control, including the related Database, relating to the Servicing
Rights Assets specified in clauses (a), (b) and (c); 
 (e) all causes of action, lawsuits, judgments, claims, refunds,
choses in action, rights of recovery, rights of set-off, rights of recoupment, demands and any other rights or claims of any nature, whether arising by way of counterclaim or otherwise, available to or being pursued by Seller to the extent related
exclusively to such Servicing Rights Assets and/or the Assumed Liabilities; and 
 (f) any proceeds of any of the foregoing.

 2.3 MSR Purchase Price. Subject to the conditions set forth in this Sale Supplement and the Agreement, as
consideration for the purchase of the Rights to MSRs and the Servicing Rights Assets, HLSS shall pay the portion of the MSR Purchase Price attributable to the value of the Excess Servicing Fees for each Servicing Agreement, and Holdings shall pay
the portion of the MSR Purchase Price attributable to the value of the remainder of the Rights to MSRs and the Servicing Rights Assets, in each case for each Servicing Agreement, to Seller. 

2.4 Assumed Liabilities and Excluded Liabilities. 
 (a) Upon the terms and subject to the conditions set forth herein and in the Agreement, Holdings shall assume, (i) prior to the Servicer Transfer Date for each Servicing Agreement, and solely as
between Holdings and Seller, all of the duties, obligations and liabilities of Seller (other than the Excluded Liabilities), as servicer but subject to such Servicing Agreements, and provided that Seller will continue to act as the servicer as set
forth herein and in no event shall Holdings be a subservicer, subcontractor or servicer within the meaning of a Servicing Agreement prior to the related Servicing Transfer Date and (ii) as of or after the Servicing Transfer Date for each
Servicing Agreement, all of the duties, obligations, and liabilities of Seller (other than the Excluded Liabilities) as servicer accrued and pertaining solely to the period from and after such Servicing Transfer Date relating to the Servicing Rights
that are subject to such Servicing Agreement (the “Assumed Liabilities”). 

  
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 (b) Holdings hereby agrees to act as servicer under each Servicing Agreement following the
related Servicing Transfer Date and assumes responsibility for the due and punctual performance and observance of each covenant and condition to be performed or observed by the servicer under the applicable Servicing Agreement, including the
obligation to service each Mortgage Loan in accordance with the terms of the related Servicing Agreement and to pay any Excess Servicing Fees to HLSS on and after such Servicing Transfer Date; provided, however, that the parties
hereto acknowledge and agree that neither Purchaser nor any successor servicer assumes any liabilities of Seller, or any obligations of Seller relating to any period of time prior to the applicable Servicing Transfer Date. Seller hereby acknowledges
that neither this Sale Supplement nor the Agreement limits or otherwise releases it from its liabilities for its acts or omissions as the servicer under the Servicing Agreements prior to the related Servicing Transfer Date. Holdings hereby
acknowledges that Seller shall have no further obligation as servicer under any of the Servicing Agreements on and after the related Servicing Transfer Date, except to the extent set forth in this Sale Supplement, the Agreement, the Subservicing
Agreement and the Subservicing Supplement. 
 (c) Notwithstanding anything to the contrary contained herein, Purchasers do not
assume any duties, obligations or liabilities of any kind, whether known, unknown, contingent or otherwise, (i) not relating to the Transferred Servicing Rights or the Assumed Liabilities, (ii) attributable to any acts or omissions to act
taken or omitted to be taken by Seller (or any of its Affiliates, agents, contractors or representatives, including, without limitation, any subservicer of the Mortgage Loans) prior to the applicable Servicing Transfer Date, (iii) attributable
to any actions, causes of action, claims, suits or proceedings or violations of law or regulation attributable to any acts or omissions to act taken or omitted to be taken by Seller (or any of its Affiliates, agents, contractors or representatives,
including, without limitation, any subservicer of the Mortgage Loans) prior to the applicable Servicing Transfer Date or (iv) relating to any representation and warranty made by Seller or any of its Affiliates with respect to the related
Mortgage Loans or the Transferred Assets (the “Excluded Liabilities”). Without limiting the generality of the foregoing, it is not the intention that the assumption by Purchasers of the Assumed Liabilities shall in any way enlarge
the rights of any third parties relating thereto. Nothing contained in the Agreement or this Sale Supplement shall prevent any party hereto from contesting matters relating to the Assumed Liabilities with any third party obligee. 

(d) From and after the related Servicing Transfer Date, except as otherwise provided for in Section 8.3 of this Sale
Supplement, (i) Holdings shall have complete control over the payment, settlement or other disposition of the Assumed Liabilities and the right to commence, control and conduct all negotiations and proceedings with respect thereto, subject to
the terms of the related Servicing Agreements and (ii) Seller shall have complete control over the payment, settlement or other disposition of the Excluded Liabilities and the right to commence, control and conduct all negotiations and
proceedings with respect thereto. Except as otherwise provided in this Sale Supplement, (i) Seller shall promptly notify Holdings of any claim made against Seller with respect to the Assumed Liabilities or the Transferred Assets and shall not
voluntarily make any payment of, settle or offer to settle, or consent or compromise or admit liability with respect to, any Assumed Liabilities or Transferred Assets without the prior written consent of Holdings and (ii) Holdings shall
promptly notify Seller of any claim made against Purchasers with respect to the Excluded Liabilities and shall not voluntarily make any payment of, settle or offer to settle, or consent or compromise or admit liability with respect to, any Excluded
Liabilities without the prior written consent of Seller. 

  
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 2.5 Remittance of Excess Servicing Fees, Servicing Advance Receivables Fees and Related
Amounts. Seller shall, to the extent permitted under any Deferred Servicing Agreement cause (i) any Excess Servicing Fees to be deposited directly into HLSS’s account in accordance with HLSS’s written directions and (ii) any
Servicing Advance Receivables Fees to be deposited directly into Holdings’ account in accordance with Holdings’ written directions. In any case, Seller shall within one (1) Business Day of the receipt thereof, remit to the related
Purchaser any such amounts that are received by Seller under any Deferred Servicing Agreement after the Closing Date. Any such amounts shall be remitted in accordance such with Purchaser’s written directions. 

2.6 Payment of Estimated Purchase Price. Subject to the conditions set forth in this Sale Supplement and the Agreement, HLSS and
Holdings shall pay the Estimated Purchase Price to Seller at the Closing. The Estimated Purchase Price shall be reconciled to the final Purchase Price in accordance with Section 2.5 of the Agreement. 

ARTICLE 3 

PURCHASE AND SALE OF SERVICING ADVANCE RECEIVABLES 
 3.1 Assignment and Conveyance of Servicing Advance Receivables. Commencing on the Closing Date, and continuing until the close of business on the earlier of the related Servicing Transfer Date or
date of Seller’s termination as servicer pursuant to such Servicing Agreement, subject to the terms and conditions set forth in the Agreement and this Sale Supplement, Seller hereby sells, conveys, assigns and transfers to Holdings, and
Holdings acquires from Seller, without recourse except as provided herein, free and clear of any Liens, all of Seller’s right, title and interest, whether now owned or hereafter acquired, in, to and under each Servicing Advance Receivable
(i) in existence on the Closing Date that arose under the Servicing Agreements and is owned by Seller as of the Closing Date, if any (the “Initial Servicing Advance Receivables”), (ii) in existence on any Business Day on
or after the Closing Date that arises under any Servicing Agreement prior to the earlier of the related Servicing Transfer Date or date of Seller’s termination as servicer pursuant to such Servicing Agreement (“Additional Servicing
Advance Receivables”), and (iii) in the case of both Initial Servicing Advance Receivables and Additional Servicing Advance Receivables, all monies due or to become due and all amounts received or receivable with respect thereto and
all proceeds (including “proceeds” as defined in the Uniform Commercial Code in effect in all applicable jurisdictions (the “UCC”)), together with all rights of Seller to enforce such Initial Servicing Advance Receivables
and Additional Servicing Advance Receivables (collectively, the “Transferred Receivables Assets”). Until the related Servicing Transfer Date, Seller shall, automatically and without any further action on its part, sell, assign,
transfer and convey to Holdings, on each Business Day, each Additional Servicing Advance Receivable not previously transferred to Holdings and Holdings shall purchase each such Additional Servicing Advance Receivable. The parties acknowledge and
agree that so long as the Servicing Advance Receivables with respect to a Servicing Agreement are being sold by Holdings to the Advance SPEs pursuant to the Servicing Advance Financing Agreements, the sale of such Servicing

  
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Advance Receivables by Seller to Holdings shall be made pursuant to and in accordance with the provisions of the Servicing Advance Financing Agreements, and Seller covenants and agrees to comply
with the provisions of such Servicing Advance Financing Agreements with respect to such Servicing Advance Receivables. 
 3.2
Servicing Advance Receivables Purchase Price. In consideration of the sale, assignment, transfer and conveyance to Holdings of the Servicing Advance Receivables and related Transferred Receivables Assets, on the terms and subject to the
conditions set forth in this Sale Supplement, Holdings shall, on each related Servicing Advance Payment Date, pay and deliver to Seller, in immediately available funds, a purchase price equal to the Servicing Advance Receivables Purchase Price for
such Servicing Advance Receivables sold on such date; provided that Seller shall have complied with the terms of Section 3.1 and Section 3.3 with respect to the related Servicing Advance Receivable. Subject to the
proviso of the immediately preceding sentence, to the extent any P&I Advances are required to be made under the terms of the Deferred Servicing Agreements, as determined by Seller and set forth in the applicable Monthly Remittance Report,
Holdings shall, on the date the related P&I Advance is required to be made under the related Deferred Servicing Agreement, deposit the Servicing Advance Receivable Purchase Price for such P&I Advances into either the applicable Custodial
Account or other applicable account held by the related trustee, master servicer, securities administrator, or trust administrator, as the case may be, in accordance with the requirements of the related Deferred Servicing Agreement (which may be
done directly by Holdings or though an account established in connection with the Servicing Advance Facility Agreements) in consideration for such P&I Advance. 
 3.3 Servicing Advances. Seller covenants and agrees that each Servicer Advance made by Seller under the Servicing Agreements prior to the related Servicing Transfer Date shall (a) be required
to be made pursuant to the terms of the related Deferred Servicing Agreement and comply with the terms of such Deferred Servicing Agreement and Applicable Law, (b) comply with Seller’s advance policies and stop advance policies and
procedures and not constitute a nonrecoverable Servicer Advance as of the date Seller made such Servicer Advance and (c) be supported by customary backup documentation. Seller agrees to provide prompt notice to Holdings of any Servicer Advance
made by Seller under the Deferred Servicing Agreements and deliver to Holdings such customary backup documentation relating to any Servicer Advance promptly upon request by Holdings. In the event Seller cannot provide, or cause to be provided to
Holdings any customary backup documentation, and Holdings is unable to be reimbursed for such Servicer Advance solely as a result of such failure, Seller shall reimburse Holdings for the amount of such unreimbursed Servicer Advances within five
(5) Business Days of Holdings’ written request, to the extent Holdings paid Seller for such amounts. 
 3.4
Reimbursement of Servicing Advances. Seller shall, to the extent permitted under any Deferred Servicing Agreement cause the reimbursement of any Servicer Advances under the Deferred Servicing Agreements to be made directly into Holdings’
account in accordance with Holdings’ written directions. In any case, Seller shall within one (1) Business Day of the receipt thereof, remit to Holdings any amounts that are received by Seller under any Deferred Servicing Agreement after
the Closing Date as reimbursement of any Servicer Advance. Any such amounts shall be remitted in accordance with Holdings’ written directions. 

  
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 ARTICLE 4 
 REPRESENTATIONS AND WARRANTIES OF SELLER 
 Seller makes the following
representations and warranties to Purchasers as of (a) each of the Closing Date and each Sale Date or (b) as of such other dates specified below: 
 4.1 General Representations. Each of the representations and warranties set forth in Article 3 of the Agreement are true and correct. 

4.2 Title to Transferred Assets. From and including the Closing Date until such Servicing Rights Assets are transferred to HLSS
under Section 2.2, Seller shall be the sole holder and owner of the Servicing Rights Assets and shall have good and marketable title to the Servicing Rights Assets, free and clear of any Liens. Upon the sale of such Servicing Rights
Assets pursuant to Section 2.2, Seller will transfer to HLSS good and marketable title to the Servicing Rights Assets free and clear of any Liens. Seller is the sole holder and owner of the Rights to MSRs and the sale and delivery to HLSS of
the Rights to MSRs pursuant to the provisions of this Sale Supplement will transfer to HLSS good and marketable title to the Rights to MSRs free and clear of any Liens. 
 4.3 Right to Receive Servicing Fees. Seller is entitled to receive Servicing Fees, Ancillary Income and Prepayment Interest Excess as servicer under each Servicing Agreement, and the New York
Uniform Commercial Code permits the Seller to transfer the Excess Servicing Fees to HLSS and the remainder of the Rights to MSRs to Holdings under the Agreement and this Sales Supplement without violation of any applicable Servicing Agreement.

 4.4 Servicing Agreements and Underlying Documents. Schedule I hereto contains a list of all Servicing
Agreements (other than the Underlying Documents) related to the Servicing Rights that are subject to this Sale Supplement and Schedule II hereto contains a list of all Underlying Documents related to such Servicing Agreement, in each
case with all amendments and modifications thereto, or supplements thereto with respect to such Servicing Rights. 
 4.5
Mortgage Pool Information, Related Matters. 
 (a) Seller has delivered to HLSS one or more summary schedules which set
forth information with respect to each Mortgage Pool relating to the Servicing Rights (the “Summary Schedules”). Seller acknowledges that HLSS has relied on such Summary Schedules to determine the Purchase Price it was willing to
pay for the Transferred Assets. 
 (b) The Summary Schedules, the Mortgage Loan Schedule and the Database are true, accurate and
complete in all material respects as of the related Cut-off Date or such other date specified thereon. 
 (c) The Mortgage Loan
Schedule indicates, by code reference, which of the Mortgage Loans have been converted into REO Properties as of the Cut-off Date. 

  
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 4.6 Enforceability of Servicing Agreements. 

(a) Seller has delivered to Purchasers, on or prior to the related Closing Date, true and complete copies of all Servicing Agreements
listed on Schedule I hereto and all amendment thereto and all Underlying Documents listed on Schedule II hereto and all amendments thereto. There are no other written or oral agreements binding upon Seller or Purchasers that
modify, supplement or amend any such Servicing Agreement or Underlying Document. 
 (b) Seller has not received written notice
of any pending or threatened cancellation or partial termination of any Servicing Agreement or Underlying Document or any written notice of any pending or threatened termination of Seller as servicer of any of the Mortgage Loans. 

(c) On and prior to the related Servicing Transfer Date, each Servicing Agreement and each of the Underlying Documents is or was a valid
and binding obligation of Seller, is or was in full force and effect and enforceable against Seller in accordance with its terms, except as such enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization and
other similar laws relating to or affecting creditors rights generally and general principles of equity (regardless of whether considered in a proceeding of law or in equity). 
 4.7 Compliance With Servicing Agreements. 
 (a) Seller has serviced the
Mortgage Loans subject to the Servicing Agreements and has kept and maintained complete and accurate books and records in connection therewith, all in accordance with Applicable Requirements, has made all remittances required to be made by it under
each Servicing Agreement and is otherwise in compliance in all material respects with all Servicing Agreements and the Applicable Requirements. 
 (b) (i) No early amortization event, servicer default, servicer termination event, event of default or other default or breach has occurred under any Servicing Agreement or any Underlying Document (except
with respect to the delinquency or loss performance triggers identified in the Summary Schedules), and (ii) no event has occurred, which with the passage of time or the giving of notice or both would: (A) constitute a material default or
breach by Seller under any Servicing Agreement, Underlying Document or under any Applicable Requirement; (B) permit termination, modification or amendment of any such Servicing Agreement or Underlying Document by a third party without the
consent of Seller; (C) enable any third party to demand that either Seller or HLSS either incur any repurchase obligations pursuant to a Servicing Agreement or an Underlying Document or provide indemnification for any amount of losses relating
to a breach of a loan representation or warranty; (D) impose on Seller or HLSS sanctions or penalties in respect of any Servicing Agreement or Underlying Document; or (E) rescind any insurance policy or reduce insurance benefits in respect
of any Servicing Agreement or Underlying Document which would result in a material breach or trigger a default of any obligation of Seller under any Servicing Agreement or Underlying Document. 

(c) There are no agreements currently in place with any subservicers to perform any of Seller’s duties under the Servicing
Agreements. 
 (d) Each report and officer’s certification prepared by Seller as servicer pursuant to a Servicing Agreement
is true and correct in all material respects. Seller has previously made available to Purchasers a correct and complete description of the policies and procedures used by Seller in connection with servicing the Mortgage Loans related to the
Servicing Agreements. 

  
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 (e) In the preceding twelve (12) month period, no Governmental Authority, Investor,
Insurer, rating agency, trustee, master servicer or any other party to a Servicing Agreement has provided written notice to Seller claiming or stating that Seller has violated, breached or not complied with any Applicable Requirements in connection
with the servicing of the related Mortgage Loans which has not been resolved by Seller. 
 (f) All Custodial Accounts and Escrow
Accounts have been established and continuously maintained in accordance with Applicable Requirements. All Custodial Account and Escrow Account balances required by the Mortgage Loans and paid for the account of the Mortgagors under the related
Mortgage Loans have been credited properly to the appropriate account and have been retained in and disbursed from the appropriate account in accordance with Applicable Requirements. 

4.8 No Recourse. None of the Servicing Agreements or other contracts to be assumed by Purchasers hereunder provide for Recourse to
Seller. 
 4.9 The Mortgage Loans. 
 (a) Each of the Mortgage Loans and REO Properties related to each Servicing Agreement has been serviced in accordance with Applicable Requirements in all material respects. 

(b) Except as disclosed on the Mortgage Loan Schedule, in the related Database and in the related Loan File and consistent with the
requirements of the related Servicing Agreement, Seller has not waived any default, breach, violation or event of acceleration under any Mortgage Loan, except to the extent that any such waiver is permitted under the related Servicing Agreement and
reflected in the Mortgage Loan Schedule, the related Database and the related Loan File and the disclosure relating to such waiver is reflected consistently in all material respects among the related Mortgage Loan Schedule, the related Database and
the related Loan File. The Mortgage related to each Mortgage Loan related to the Servicing Agreements has not been satisfied, cancelled or subordinated, in whole or in part, and except as permitted under the related Servicing Agreement, the related
Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such release, cancellation, or subordination. 

(c) There is in force with respect to each Mortgaged Property and REO Property related to a Servicing Agreement a hazard insurance policy
(including any policy in effect under a forced place insurance policy) and, if applicable, a flood insurance policy that provides, at a minimum, for the coverage as required by the applicable Servicing Agreement. Seller and any prior servicer or
subservicer under the Servicing Agreements has taken all necessary steps to maintain any hazard insurance policy, flood insurance policy, primary mortgage insurance policy, and title insurance policy as required under the Servicing Agreements.

  
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 (d) Seller is not aware of any repurchase requests or demands being made or threatened to be
made with respect to any Mortgage Loans related to the Servicing Agreements in excess of $10 million with respect to any Servicing Agreement. 
 (e) Except as disclosed in the related Database, Seller has not received notice from any Mortgagor with respect to the Mortgage Loans related to the Servicing Agreements of a request for relief pursuant
to or invoking any of the provisions of the Servicemembers Civil Relief Act or any similar law which would have the effect of suspending or reducing the Mortgagor’s payment obligations under a Mortgage Loan or which would prevent such loan from
going into foreclosure. 
 (f) With respect to each adjustable rate Mortgage Loan, Seller and each prior servicer has complied
in all material respects with all Applicable Requirements regarding interest rate and payment adjustments. 
 (g) Each first
lien Mortgage Loan is covered by a valid and freely assignable, life of loan, tax service contract, and flood tracking services contract, in full force and effect. All flood zone determination information provided to Purchasers is true and correct
in all material respects. 
 (h) There are no actions, claims, litigation or governmental investigations pending or, to the
knowledge of Seller, threatened, against Seller, or with respect to any Servicing Agreement or any Mortgage Loan, which relate to or affect Seller’s rights with respect to the Servicing Rights or Seller’s right to sell, assign and transfer
the Servicing Rights or the Rights to MSRs or to receive any Servicing Fee, which could reasonably be expected to have a Material Adverse Effect individually or in the aggregate. 

(i) Payments received by Seller with respect to any Mortgage Loans related to the Servicing Agreements have been remitted and properly
accounted for as required by Applicable Requirements in all material respects. All funds received by Seller in connection with the satisfaction of Mortgage Loans, including foreclosure proceeds and insurance proceeds from hazard losses, have been
deposited in the appropriate Custodial Account or Escrow Account and all such funds have been applied to pay accrued interest on the Mortgage Loans, to reduce the principal balance of the Mortgage Loans in question, or for reimbursement of repairs
to the Mortgaged Property or as otherwise required by Applicable Requirements or are on deposit in the appropriate Custodial Account or Escrow Account. 
 (j) Seller is not aware of any Person that has issued any notice or written intention to exercise the optional call or optional redemption provisions under any of the related Servicing Agreements.

 (k) No fraudulent action has taken place on the part of Seller in connection with its servicing of any Mortgage Loan related
to the Servicing Agreement. 
 (l) Except with respect to partial releases, actions required by a divorce decree, assumptions,
or as otherwise permitted under Applicable Requirements and documented in the Loan File and the Database, (i) the terms of each Mortgage Note and Mortgage have not been modified by Seller or any prior servicer, (ii) no party thereto has
been released in whole or in part by Seller or any prior servicer and (iii) no part of the Mortgaged Property has been released by Seller or any prior servicer. 

  
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 4.10 Servicing Advance Receivables. 

(a) From and including the Closing Date until such Servicing Advance Receivable is transferred to Holdings under Section 3.1,
Seller is the sole holder and owner of each Servicing Advance Receivable and has good and marketable title to such Servicing Advance Receivable. Seller has not previously assigned, transferred or encumbered the Servicing Advance Receivables other
than pursuant to the Agreement, this Sale Supplement and the Servicing Advance Financing Agreements. The sale and delivery to Holdings of the Servicing Advance Receivables pursuant to the provisions of this Sale Supplement will transfer to Holdings
good and marketable title to the Servicing Advance Receivables free and clear of any Liens (other than the Liens created pursuant to the Servicing Advance Financing Agreements). 

(b) Each Servicing Advance Receivable transferred to Holdings under Section 3.1, is at the time of such transfer a valid and
existing account owing to Seller and is carried on the books of Seller at or less than the amount actually advanced or accrued net of any charge-offs or other adjustments by Seller. Seller has not received any notice from a master servicer,
securities administrator, trustee, Insurer, Investor or any other Person, which disputes or denies a claim by Seller for reimbursement in connection with any such Servicing Advance Receivable. Each Servicer Advance made by Seller (and each trailing
invoice received by Holdings on or after the related Servicing Transfer Date for services rendered prior to such Servicing Transfer Date) that is reimbursed or paid by Holdings to Seller or a third party service provider is fully reimbursable to
Holdings as a Servicer Advance under the terms of the related Servicing Agreement. 
 (c) Each Servicer Advance made by Seller
was made in accordance with Applicable Requirements and Seller’s advance policies and stop advance policies and procedures in all material respects, and is not subject to any set-off or claim that could be asserted against Holdings. No Servicer
Advance made by Seller or any prior servicer under a Servicing Agreement and not reimbursed or paid to Seller prior to the related Sale Date is a Non-Qualified Servicer Advance. Seller has not received any written notice from any Person in which
such Person disputes or denies a claim by Seller for reimbursement in connection with a specifically identified Servicer Advance. 
 4.11 Servicing Agreement Consents and Other Third Party Approvals. None of the execution, delivery and performance of the Agreement and this Sale Supplement by Seller, the transfers of Servicing
Rights under Section 2.2, the transfer of Rights to MSRs under Section 2.1, the transfers of Servicing Advance Receivables under Section 3.1 and the other transactions contemplated hereby require any consent,
approval, waiver, authorization, penalties, notice or filing to be obtained by Seller or Purchasers from, or to be given by Seller or Purchasers to, or made by Seller or Purchasers with, any Person, except for, with respect to the Servicing Rights
Assets, the Third Party Consents. 

  
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 4.12 Servicing Advance Financing Agreements. 

(a) Except as otherwise disclosed to the Purchasers, all of the Servicing Agreements are “Facility Eligible Servicing
Agreements,” and each Servicer Advance to be owned by an Advance SPE is a “Facility Eligible Receivable,” each as defined under the Servicing Advance Financing Agreements. 

(b) All of the representations and warranties of Seller in the Servicing Advance Financing Agreements are true and correct, and no early
amortization event, default, event of default or similar event has occurred under the Servicing Advance Financing Agreements. 

(c) Each of Seller and its Affiliates have complied in all material respects with the terms of the existing Servicing Advance Financing
Agreements. 
 4.13 Anti-Money Laundering Laws. Seller has complied with all applicable anti-money laundering laws and
regulations. 
 4.14 Servicer Ratings. Seller has a residential primary servicer rating for the servicing of subprime
residential mortgage loans issued by S&P, Fitch or Moody’s at or above “Above Average,” “RPS3” and “SQ2-”, respectively. 
 4.15 Eligible Servicer. Seller meets the eligibility requirements of a servicer and a subservicer under the terms of each Servicing Agreement and Underlying Document. 

4.16 HAMP. Seller has entered into a Commitment to Purchase Financial Instrument and Servicer Participation Agreement with Fannie
Mae, as financial agent of the United States, which agreement is in full force and effect. 
 ARTICLE 5 

CONDITIONS PRECEDENT 
 5.1 Conditions to the Purchase of the Rights to MSRs. HLSS’s obligations to purchase the Rights to MSRs pursuant to Section 2.1 and the Servicing Rights pursuant to
Section 2.2 and to pay the Purchase Price (and the Estimated Purchase Price) pursuant to Section 2.3 and Section 2.6 are subject to the satisfaction or HLSS’s waiver of each of the conditions set forth in
Section 6.1 and Section 6.3 of the Agreement (except the requirement to deliver the Third Party Consents necessary to transfer the Servicing Rights pursuant to Section 2.2) with respect to each of the Servicing
Agreements and each of the Servicing Rights, as applicable, on the Closing Date and the satisfaction of each of the following conditions: 
 (a) Seller shall have obtained all consents or approvals required to be obtained to consummate the transfers of the Rights to MSRs to HLSS pursuant to Section 2.1; 

(b) The Servicing Advance Facility Agreements shall have been executed and delivered by each of the parties thereto and all of the
conditions precedent to the effectiveness of the Servicing Advance Facility Agreements set forth therein have been satisfied; and 
 (c) The Subservicing Agreement and the Subservicing Supplement shall have been executed and delivered by each of the parties thereto and all of the conditions precedent to the effectiveness of the
Subservicing Agreement and the Subservicing Supplement set forth therein have been satisfied. 

  
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 ARTICLE 6 
 SERVICING MATTERS 
 6.1 Seller as Servicer. Except as expressly set
forth in this Sale Supplement, Seller shall perform all of its duties and obligations of under each Servicing Agreement until the related Servicing Transfer Date and shall at all times until the related Servicing Transfer Date meet any standards and
fulfill any requirements applicable to Seller under each Servicing Agreement. 
 6.2 Servicing. Except as otherwise
specifically provided in this Sale Supplement, Seller covenants and agrees to service and administer each Mortgage Loan related to a Servicing Agreement from and after the Closing Date until the related Servicing Transfer Date in accordance with
Applicable Law, the terms of the related Mortgage Loan Documents and any applicable private mortgage insurance or pool insurance, the standards, requirements, guidelines, procedures, restrictions and provisions of the related Servicing Agreement and
Underlying Documents governing the duties of Seller thereunder, this Sale Supplement and any other Applicable Requirements. Without limiting the foregoing, Seller covenants and agrees that it shall perform its obligations pursuant to this Sale
Supplement in a manner that will not cause the termination of Seller as servicer under any Deferred Servicing Agreement, including any termination based on Seller’s management of delinquency or loss performance with respect to Mortgage Loans
related to such Deferred Servicing Agreement. The parties acknowledge and agree that any termination of Seller as servicer with respect to a Servicing Agreement pursuant to a delinquency or loss performance trigger or for any other reason, other
than as a result of a failure by Holdings to purchase Servicing Advance Receivables pursuant to Section 3.1, shall be deemed to be the result of a breach by Seller of its obligations under this Sale Supplement and the Agreement. In the
event of a conflict between a Servicing Agreement and this Article 6, the Servicing Agreement shall control. 
 6.3
Collections from Obligors and Remittances. Seller shall direct the obligors on the Deferred Mortgage Loans to remit payment on the Deferred Mortgage Loans to the Clearing Account (as defined in the Servicing Agreement) and shall within one
(1) Business Day of receipt promptly deposit any amounts Seller receives with respect to the Deferred Mortgage Loans in the Clearing Account. Seller shall promptly remit all amounts received by Seller with respect to the Mortgage Loans to the
applicable Custodial Account or Escrow Account, but no later than the earlier of two (2) Business Days after receipt thereof or the date required pursuant to the applicable Deferred Servicing Agreement; provided, that Seller shall,
subject to the terms of the related Servicing Agreement, remit any such amounts that constitute recovery of a Servicer Advance to the applicable account, if any, specified by Holdings pursuant to Section 3.4 within one (1) Business
Day of receipt thereof; provided, further, that Seller shall, subject to the terms of the related Servicing Agreement, remit any such amounts that constitute Servicing Fee to the applicable account, if any, specified by Holdings pursuant to
Section 2.5 within one (1) Business Day of receipt thereof. Seller shall also making any compensating interest payments or prepayment interest shortfall payments required to be made by Seller with respect to the Mortgage Loans under
the Deferred Servicing Agreements, and shall remit any such payments to the applicable Custodial Account no less than one (1) Business Day prior to the applicable remittance date for such Servicing Agreement. 

  
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 6.4 Servicing Practices. Seller shall not make any material change to its servicing
practices with respect to the Deferred Mortgage Loans after the date hereof, including, any material changes to its cash collection and sweep processes or its advance policies or stop advance policies, without Holding’s prior written consent,
which consent shall not be unreasonably withheld or delayed. Holdings shall have the right to direct Seller to implement reasonable changes to Seller’s servicing practices applicable with respect to all or a portion of the Mortgage Loans,
including any changes necessary to ensure compliance with any Applicable Laws or governmental programs or directions received pursuant to the applicable Servicing Agreements. 
 6.5 Servicing Reports. Seller shall simultaneously deliver a copy of any reports delivered by Seller to any Person pursuant to the Deferred Servicing Agreements to Holdings. 

6.6 Escrow Accounts. Subject to the terms of the related Deferred Servicing Agreement, Seller shall be entitled to withdraw funds
from any Escrow Account related to a Deferred Servicing Agreement only for the purposes permitted in the applicable Servicing Agreement. 
 6.7 Notices and Financial Information. Until the last Servicing Transfer Date, Seller will furnish, or will cause to be furnished, to Purchasers: 

(a) within two (2) Business Days after the occurrence of a breach by Seller of the Agreement or this Sale Supplement or any
Termination Event or other event that would give HLSS the right to direct Seller to transfer the Servicing Rights with respect to any Deferred Servicing Agreement, notice of such event; 

(b) any information required to be delivered by Seller pursuant to Section 5.10 of the Subservicing Agreement, which
information shall be delivered at such times as specified in Section 5.10 of the Subservicing Agreement, provided that any reference to a “Subject Servicing Agreement” in Section 5.10 of the Subservicing Agreement
shall be deemed to be a reference to a “Deferred Servicing Agreement,” for the purposes of this Section 6.7; and 
 (c) such other information regarding the condition or operations, financial or otherwise, of Seller or any of its subsidiaries as HLSS may from time to time reasonably request. 

6.8 Defaults under Deferred Servicing Agreements. Seller covenants and agrees to use its reasonable best efforts to cure any
breach, default or notice of default with respect to its obligations under any Deferred Servicing Agreement within the timeframe for cure set forth in such Deferred Servicing Agreement. 

6.9 Continuity of Business. (a) Seller will maintain a disaster recovery plan in support of the services it performs pursuant
to this Sale Supplement and each Deferred Servicing Agreement. Seller’s disaster recovery plan shall include, at a minimum, procedures for back-up/restoration of operating and loan administration computer systems; procedures and third-party
agreements for replacement equipment (e.g. computer equipment), and procedures and third-

  
 -19-

 
party agreements for off-site production facilities. Seller will provide Holdings information regarding its disaster recovery plan upon reasonable request. Seller agrees to annually test its
disaster recovery plan to ensure compliance with this Section 6.9. If such test results identify a material failure, Seller shall advise Holdings of the steps Seller will be taking to remedy such failure and shall notify Holdings when
Seller has remedied such failure and retested. Seller will notify Holdings anytime Seller’s disaster recovery plan is activated. In the event of an activation of the disaster recovery plan, Seller shall use best efforts to provide redundancy
capabilities for a majority of the critical systems within 48 hours in at least one of Seller’s other servicing facilities unaffected by the disaster to ensure servicing of the Mortgage Loans will be re-established within such 48 hours.

 6.10 Optional Termination or Clean Up Calls. Seller may exercise its rights under any optional termination or clean up
call provision pursuant to a Deferred Servicing Agreement prior to the related Servicing Transfer Date; provided that simultaneously or prior to such exercise, (i) Seller or its designee agrees to purchase, and purchases, the Mortgage
Loans that are subject to such Deferred Servicing Agreement at a purchase price that is at least equal to the applicable purchase price pursuant to such Deferred Servicing Agreement, (ii) all unreimbursed Servicer Advances and other amounts
owed to Holdings with respect to such Deferred Servicing Agreement under the Sale Supplement or otherwise are paid to Holdings, (iii) Seller shall have paid to HLSS a redemption fee with respect to such Deferred Servicing Agreement equal to the
Book Value of the Rights to MSRs related to such Deferred Servicing Agreement on HLSS’s financial statements as of the date of such optional termination or clean up call and (iv) Seller shall provide at least ten (10) Business Days
prior written notice to Purchasers of such exercise. 
 6.11 Amendments to Deferred Servicing Agreements; Transfer of
Servicing Rights. Seller hereby covenants and agrees not to amend the Servicing Agreements without Purchasers’ prior written consent. Seller shall not sell or otherwise voluntarily transfer servicing under any of the Deferred Servicing
Agreement during the Consent Period except as expressly provided in this Sale Supplement or take any other actions inconsistent with Purchasers’ right to acquire ownership of Servicing Rights with respect to a Servicing Agreement upon receipt
of the required Third Party Consents. 
 6.12 Assumption of Servicing Duties; Transfer of Rights to MSRs and Servicing
Rights. Holdings may from time to time designate any of Seller’s servicing obligations under a Deferred Servicing Agreement and assume the performance of such obligations so long as such assumption is permitted pursuant to such Deferred
Servicing Agreement and does not limit Seller’s right to receive the Servicing Fees pursuant to such Deferred Servicing Agreement. Notwithstanding anything in the Agreement or this Sale Supplement to the contrary, HLSS may transfer the Rights
to MSRs to any third party and/or may direct Seller to transfer the Servicing Rights to a third party that can obtain the required Third Party Consents, subject to the right of the Seller to receive the Seller Monthly Servicing Fee, the Performance
Fee, the Ancillary Income and, if applicable, the Prepayment Interest Excess owed to Seller with respect to such Deferred Servicing Agreement pursuant to Article 7. For the avoidance of doubt, HLSS shall be entitled to receive all proceeds of
such transfer. 
 6.13 Termination Event. In the case that any Termination Event occurs with respect to any Servicing
Agreement during the Consent Period, Seller shall, upon HLSS’s written direction 

  
 -20-

 
to such effect, use commercially reasonable efforts to transfer the Servicing Rights relating to any affected Servicing Agreement to a third party servicer identified by HLSS with respect to
which all required Third Party Consents with respect to such Servicing Agreement can be obtained. HLSS shall be entitled to receive all proceeds of such transfer. 
 6.14 Servicing Transfer. Seller and Purchasers shall, prior to the Servicing Transfer Date with respect to each Servicing Agreement, work in good faith to determine and agree upon applicable
servicing transfer procedures with respect to such Servicing Agreement. 
 6.15 Incorporation of Provisions from Subservicing
Agreement. The provisions of each of Sections 5.3, 5.4, 5.5, 5.6, 5.7, 5.8 (excluding the first sentence thereof), 5.17 and 5.18, and Exhibit A of the Subservicing Agreement are
hereby incorporated into this Sale Supplement by reference, mutatis mutandis, as if its provisions were fully set forth herein; provided that any reference therein to the defined terms “Ocwen,” “Servicer,”
“Mortgage Loan,” “Subject Servicing Agreement” and “Agreement,” shall be deemed for purposes of this Sale Supplement to be references to the terms “Seller,” “Holdings,” “Deferred Mortgage
Loan,” “Deferred Servicing Agreement” and “Sale Supplement,” respectively and any reference therein to the phrase “during the term of this Agreement” shall be deemed for purposes of this Sale Supplement to be
references to the phrase “until the last Servicing Transfer Date.” 
 ARTICLE 7 

SELLER SERVICING FEES; COSTS AND EXPENSES 
 7.1 Seller Monthly Servicing Fee. As consideration for Seller servicing the Mortgage Loans pursuant to the Deferred Servicing Agreements during the applicable Consent Period but prior to the
earlier of the date on which the Servicing Rights are transferred from Seller with respect to a Deferred Servicing Agreement or Servicing Fee Reset Date, Holdings shall pay to Seller a monthly base servicing fee for each calendar month during such
period during which Seller is servicing Mortgage Loans with respect to Deferred Servicing Agreements pursuant to this Sale Supplement equal to 12% of the aggregate Servicing Fees actually received by Purchasers under this Sale Supplement during such
calendar month with respect the Deferred Servicing Agreements (the “Seller Monthly Servicing Fee”). 
 7.2
Performance Fee. In addition to the Seller Monthly Servicing Fee, Holdings shall pay to Seller for each calendar month during which Holdings is servicing Mortgage Loans with respect to Deferred Servicing Agreements pursuant to this Sale
Supplement a performance fee (“Performance Fee”) equal to the greater of (a) zero and (b) (x) the excess, if any, of the aggregate of all Servicing Fees actually received by Purchasers with respect to the Deferred
Servicing Agreements and pursuant to the Transferred Servicing Agreements (whether directly pursuant to such Transferred Servicing Agreements or pursuant to this Sale Supplement) during such calendar month over the sum of (i) the Monthly
Servicing Fee for such calendar month and (ii) the Retained Servicing Fee for such calendar month multiplied by (y) a fraction, (i) the numerator of which is the average unpaid principal balance of all Mortgage Loans subject to the
Deferred Servicing Agreements during such calendar month and (ii) the denominator of which is 

  
 -21-

 
equal to the sum of the average unpaid principal balance of all Mortgage Loans subject to the Deferred Servicing Agreements during such calendar month and the average unpaid principal balance of
all Mortgage Loans subject to the Transferred Servicing Agreements during such calendar month, or such other allocation percentage which is agreed by Seller and Holdings (the “Allocation Percentage”). The Performance Fee, if any,
for any calendar month will be reduced by an amount equal to (y) 4.25% per annum (i.e., 0.3542% per month) of the Excess Servicing Advances, if any, for such month multiplied by the Allocation Percentage, and the amount of any such
reduction in the Performance Fee shall be retained by Holdings. If the Closing Date does not occur on the first day of a calendar month, the Performance Fee for the period from the Closing Date to the last of the calendar month in which the Closing
Date occurs shall be calculated in a pro rata manner based on the number of days in such period. Notwithstanding any provision in this Sale Supplement to the contrary, in the event Holdings has failed to pay Seller any Seller Monthly Servicing Fee
or Performance Fees that are past due after ten (10) Business Days of Holdings receiving notice of such failure, Seller shall not be required to continue to act as subservicer until such time as Holdings has fully paid such past due Seller
Monthly Servicing Fee or Performance Fee; provided that Holdings shall not have notified Seller that it disputes the occurrence or amount of such past due Seller Monthly Servicing Fee or Performance Fee. 

7.3 Costs and Expenses. Except as otherwise expressly provided in the Agreement or this Sale Supplement, each party hereto shall
be responsible for its own costs and expenses incurred in connection with the negotiation and execution of the Agreement, this Sale Supplement and all documents relating thereto. Seller shall be required to pay all expenses incurred by it in
connection with its obligations hereunder to the extent such expenses do not constitute Servicer Advances and shall not be entitled to reimbursement therefor except as specifically provided for herein or in the applicable Deferred Servicing
Agreement. Seller shall reimburse Purchasers for any reasonable out-of-pocket costs, including legal fees, incurred by Purchasers in connection with obtaining any required Third Party Consents; provided, however, that neither Purchaser
shall incur such costs without the prior written approval of Seller. 
 7.4 Ancillary Income. Seller shall be entitled to
retain as additional compensation any Ancillary Income and any Prepayment Interest Excess received by Seller with respect to the Deferred Mortgage Loans, and all income from amounts on deposit in Custodial Accounts and Related Escrow Accounts
related to the Deferred Servicing Agreements, to the extent such Ancillary Income, Prepayment Interest Excess or income is permitted to be retained by Seller pursuant to the related Deferred Servicing Agreement. 

7.5 Calculation and Payment. No later than the second Business Day following the receipt by Purchasers of the Monthly Servicing
Oversight Report for a calendar month, Holdings will remit to Seller in immediately available funds the Seller Monthly Servicing Fee and Performance Fees payable by Holdings to Seller for the related calendar month, along with a report showing in
reasonable detail the calculation of such Seller Monthly Servicing Fees and Performance Fees. 
 7.6 No Offset. Neither
party shall have any right to offset against any amount payable hereunder or other agreement to the other party, or otherwise reduce any amount payable hereunder as a result of, any amount owing by the other party or any of its Affiliates to such
party or any of its Affiliates. 

  
 -22-

 7.7 Servicing Fee Reset Date. The servicing fees payable to Seller after the
Servicing Fee Reset Date shall be subject to negotiation between Seller and Holdings. If Seller and Holdings are unable to agree to such servicing fee prior to the Servicing Fee Reset Date, Seller shall, upon Holding’s written direction to such
effect, transfer the Servicing Rights relating to all of the Deferred Servicing Agreements to a third party servicer identified by Holdings with respect to which all required Third Party Consents with respect to the Deferred Servicing Agreements can
be obtained. Holdings shall be entitled to receive all proceeds related to such transfer. 
 ARTICLE 8 

INDEMNIFICATION 
 8.1 Seller Indemnification of Purchasers. Seller agrees to indemnify and hold harmless each Purchaser and each officer, director, agent, employee or Affiliate of each Purchaser (each, a
“Seller Indemnified Party”) from and against any and all claims, losses, damages, liabilities, judgments, penalties, fines, forfeitures, legal fees and expenses, and any and all related costs and/or expenses of litigation,
administrative and/or regulatory agency proceedings, and any other costs, fees and expenses (each, a “Liability”) suffered or incurred by a Purchaser or any such other Person (whether or not resulting from a third party claim)
arising directly or indirectly out of or resulting from (a) any event relating to Transferred Assets occurring prior to the related Servicing Transfer Date, (b) a breach of any of Seller’s representations and warranties contained in
the Agreement, this Sale Supplement or any other Related Agreement or Seller’s failure to observe and perform any of Seller’s duties, obligations, covenants or agreements contained in the Agreement, this Sale Supplement or any other
Related Agreement, (c) acts or omissions of Seller, any other servicer of any Mortgage Loans, or any subservicer, contractor or agent engaged by Seller or any other servicer, in each case prior to the related Servicing Transfer Date, relating
to the Transferred Assets, including any failure by Seller, any other servicer or any subservicer, contractor or agent engaged by Seller or any other servicer prior to the related Servicing Transfer Date to comply with the Applicable Requirements,
(d) the Excluded Liabilities or (e) any acts or omissions by Seller or its employees or agents in performance of its duties or obligations pursuant to this Sale Supplement. 

8.2 Purchasers Indemnification of Seller. Purchasers agree, jointly and severally, to indemnify and hold harmless Seller and each
officer, director, agent, employee or Affiliate of Seller (each, a “Purchaser Indemnified Party”) from and against any and all Liability suffered or incurred by Seller or any such other Person arising out of or resulting from
(a) a breach of any of Purchasers’ representations and warranties or covenants contained in the Agreement, the Sale Supplement or any other Related Agreement or (b) acts or omissions of a Purchaser or any subservicer, contractor or
agent (other than Seller or any of Seller’s Affiliates) engaged by Purchasers, in each case after the related Servicing Transfer Date, relating to the Transferred Assets. 

  
 -23-

 8.3 Indemnification Procedures. 

(a) As promptly as is reasonably practicable after becoming aware of a claim for indemnification under the Agreement or this Sale
Supplement not involving a Third-Party Claim, but in any event no later than fifteen (15) Business Days after first becoming aware of such claim, the Indemnified Person shall give notice to the Indemnifying Person of such claim, which notice
shall specify the facts alleged to constitute the basis for such claim and the amount that the Indemnified Person seeks hereunder from the Indemnifying Person; provided, however, that the failure of the Indemnified Person to give such
notice shall not relieve the Indemnifying Person of its obligations under this Section 8.3 except to the extent (if any) that the Indemnifying Person shall have been prejudiced thereby. 

(b) The Indemnified Person shall give notice as promptly as is reasonably practicable, but in any event no later than ten
(10) Business Days after receiving notice thereof, to the Indemnifying Person of the assertion of any claim, or the commencement of any action, suit, claim or proceeding, by any unaffiliated third Person (a “Third-Party Claim”)
in respect of which indemnity may be sought under the Agreement or this Sale Supplement (which notice shall specify in reasonable detail the nature and amount of such claim); provided, however, that the failure of the Indemnified
Person to give such notice shall not relieve the Indemnifying Person of its obligations under this Section 8.3 except to the extent (if any) that the Indemnifying Person shall have been prejudiced thereby. The Indemnifying Person may, at
its own expense, (i) participate in the defense of any such Third-Party Claim, and (ii) upon notice to the Indemnified Person, at any time during the course of any such Third-Party Claim, assume the defense thereof with counsel of its own
choice and, in the event of such assumption, shall have the exclusive right, subject to clause (i) in the proviso in Section 8.3(c), to settle or compromise such Third-Party Claim. If the Indemnifying Person assumes such
defense, the Indemnified Person shall have the right (but not the duty) to participate in the defense thereof and to employ counsel, at its own expense, separate from the counsel employed by the Indemnifying Person. Whether or not the Indemnifying
Person chooses to defend or prosecute any such Third-Party Claim, all of the parties hereto shall cooperate in the defense or prosecution thereof. 
 (c) Any settlement or compromise made or caused to be made by the Indemnified Person (unless the Indemnifying Person has the exclusive right to settle or compromise under clause (ii) of
Section 8.3(b) or the Indemnifying Person, as the case may be), of any such Third-Party Claim shall also be binding upon the Indemnifying Person or the Indemnified Person, as the case may be, in the same manner as if a final judgment had
been entered by a court of competent jurisdiction in the amount of such settlement or compromise; provided, however, that (i) no obligation, restriction, loss or admission of guilt or wrongdoing shall be imposed on the Indemnified
Person as a result of such settlement or compromise without its prior written consent and (ii) the Indemnified Person will not compromise or settle any Third Party Claim without the prior written consent of the Indemnifying Person. 

(d) Except as specifically provided for in the Agreement or this Sale Supplement, no claim may be made by an Indemnified Person for any
special, indirect, punitive or consequential damages (“Special Damages”) in respect of any breach or wrongful conduct (whether the claim therefor is based on contract, tort or duty imposed by law) in connection with, arising out of,
or in any way related to the transactions contemplated, or relationship established, by this 

  
 -24-

 
Agreement or any Sale Supplement, or any act, omission or event occurring in connection herewith or therewith, and to the fullest extent permitted by law, Seller and each Purchaser hereby waives,
releases and agrees not to sue upon any such claim for Special Damages, whether or not accrued or whether or not known or suspected to exist in its favor. 
 8.4 Tax Treatment. (a) Seller and Purchasers agree that all payments made by any of them to or for the benefit of the other under this Article 8, under other indemnity provisions of the
Agreement or this Sale Supplement and for any misrepresentations or breaches of warranties or covenants, shall be treated as adjustments to the Purchaser Price for tax purposes and that such treatment shall govern for purposes hereof except to the
extent that the Applicable Laws of a particular jurisdiction provide otherwise. 
 (b) All payments made pursuant to this
Agreement shall be made free and clear and without deductions of any kind for taxes. 
 8.5 Survival. The parties’
obligations under this Article 8 shall survive any termination of the Agreement and/or this Sale Supplement. 
 8.6
Additional Indemnification. (a) Without limiting Seller’s obligations under Article 8 of this Sale Supplement, it is agreed by the parties that if Seller is terminated as servicer under any Deferred Servicing Agreement as a
result of any action described in clauses (a) through (e) of Section 8.1 above, Seller shall also pay to Purchasers, as reasonable and just compensation for such termination, an amount equal to the product of
(i) the Purchase Price for such Deferred Servicing Agreement and (ii) the Amortization Percentage for the calendar month in which Seller received notice of such termination, and Purchasers shall accept such sum as liquidated damages, and
not as penalty, in the event of such a termination. 
 8.7 Specific Performance. Notwithstanding any other provision of
the Agreement or this Sale Supplement, (i) it is understood and agreed that the remedy of indemnity payments pursuant to this Article 8 and other remedies at law would be inadequate in the case of any actual or threatened breach of the
Agreement or this Sale Supplement by Seller and (ii) Purchasers shall be entitled, without limiting its other remedies and without the necessity of proving actual damages or posting any bond, to equitable relief, including the remedy of
specific performance or injunction, with respect to any breach or threatened breach of such covenants. Such relief shall be in addition to, and not in lieu of, all other remedies available at law or in equity to such party under the Agreement and
this Sale Supplement. 

  
 -25-

 ARTICLE 9 
 GRANT OF SECURITY INTEREST 
 9.1 Granting Clause. To secure its
performance of its obligations under the Agreement and this Sale Supplement, Seller hereby grants to Purchasers a security interest in all of its right, title and interest in an to the following, whether now owned or hereafter acquired, and all
monies “securities,” “instruments,” “accounts,” “general intangibles,” “payment intangibles,” “payment intangibles,” “goods,” “letter of credit rights,” “chattel
paper,” “financial assets,” “investment property,” (each as defined in the applicable UCC) and other property consisting of, arising from or relating to any of the following: 

(a) the Servicing Rights in respect of all of the Mortgage Loans and REO Properties related to the Deferred Servicing Agreements, in each
case together with all related security, collections and payments thereon and proceeds of the conversion, voluntary or involuntary of the foregoing; 
 (b) the Rights to MSRs with respect to each Servicing Agreement; 
 (c) all
Servicing Fees, Ancillary Income and Prepayment Interest Excess received under the Deferred Servicing Agreements and subject to Section 6.10 of this Sale Supplement any rights to exercise any optional termination or clean-up call
provisions under the Deferred Servicing Agreements; 
 (d) all files and records in Seller’s possession or control,
including the related Database, relating to the assets specified in clauses (a) through (c); 
 (e) all causes of action,
lawsuits, judgments, claims, refunds, choses in action, rights of recovery, rights of set-off, rights of recoupment, demands and any other rights or claims of any nature, whether arising by way of counterclaim or otherwise, available to or being
pursued by Seller to the extent related exclusively to any of the foregoing and/or the Assumed Liabilities; and 
 (f) any
proceeds of any of the foregoing (collectively, the “Collateral”). 
 This Sale Supplement shall constitute a security
agreement under applicable law. Seller agrees that from time to time it shall promptly execute and deliver all additional instruments and documents and take all additional action that Purchasers may reasonably request in order to perfect the
interests of Purchasers in, to and under, or to protect, the Collateral or to enable Purchasers to exercise or enforce any of its rights or remedies hereunder. To the fullest extent permitted by applicable law, Seller hereby authorizes Purchasers to
file financing statements and amendments thereto in connection with the grant of a security interest pursuant to this Section 9.1. Seller covenants and agrees to take all necessary action to prevent the creation or imposition of any Lien
upon any of the Collateral, and to maintain the Collateral free and clear of all Liens, other than the Lien securing the obligations of Seller arising under this Sale Supplement. 

  
 -26-

 ARTICLE 10 
 MISCELLANEOUS PROVISIONS 
 10.1 Further Assurances. Without limiting
Section 5.7 of the Agreement, each party hereto shall execute and deliver in a reasonable timeframe such reasonable and appropriate additional documents, instruments or agreements and take such reasonable actions as may be necessary or
appropriate to effectuate the purposes of this Sale Supplement at the request of the other party. Without limiting the foregoing, the Seller agrees that it will promptly at Purchasers’ request execute and deliver an one or more assignment and
assumption agreements, in form mutually agreed to by the parties, one or more equity interest assignments, in form mutually agreed to by the parties, or such other documents, instruments or agreements as Purchasers may reasonably request to evidence
the transfers of Rights to MSRs pursuant to Section 2.1, Servicing Rights pursuant to Section 2.2 and Transferred Receivables Assets pursuant to Section 3.1. 

10.2 Compliance with Applicable Laws; Licenses. Seller will comply with all Applicable Laws in connection with the performance of
its obligations under the Agreement and this Sale Supplement. Seller shall maintain all necessary licenses and approvals in each jurisdiction where the failure to do so would materially and adversely affect the ability of Seller to perform its
obligations under the Agreement and this Sale Supplement. 
 10.3 Merger, Consolidation, Etc.. Seller will keep in full
effect its existence, rights and franchises as a limited liability company, and will obtain and preserve its qualification to do business as a foreign organization in each jurisdiction in which such qualification is or shall be necessary to protect
the validity and enforceability of the Agreement, this Sale Supplement, each Deferred Servicing Agreement or any of the Deferred Mortgage Loans, or to perform its duties under the Agreement or this Sale Supplement. Seller may be merged or
consolidated with or into any Person, or transfer all or substantially all of its assets to any Person, in which case any Person resulting from any merger or consolidation to which Seller shall be a party or acquiring all or substantially all of the
assets of Seller, or any Person succeeding to the business of Seller shall be the successor of Seller hereunder and under the Agreement, without the execution or filing of any paper or any further act on the part of any of the parties hereto;
provided, however, that the successor or surviving Person shall be an institution whose deposits are insured by FDIC or a company whose business includes the servicing of mortgage loans and shall have a tangible net worth not less than $25,000,000.

 10.4 Annual Officer’s Certificate. Not later than March 15th of each calendar year commencing in 2013, Seller shall deliver to
Purchasers an Officer’s Certificate stating, as to each signatory thereof, that (i) a review of the activities of Seller during the preceding year and of performance under the Agreement and this Sale Supplement has been made under such
officers’ supervision and (ii) to the best of such officer’s knowledge, based on such review, Seller has fulfilled all of its obligations under the Agreement and this Sale Supplement in all material respects throughout such year, or,
if there has been a default in the fulfillment of any such obligation in any material respect, specifying each such default known to such officer and the nature and status thereof. 

  
 -27-

 10.5 Accounting Treatment. Notwithstanding Section 8.14 of the Agreement,
the parties acknowledge that until such time as the Third Party Consents with respect to a Servicing Agreement are obtained, the parties shall treat the transaction hereunder with respect to such Servicing Agreement as a financing for accounting
purposes. 
 10.6 Incorporation. The provisions of Article 8 of the Agreement are hereby incorporated into this
Sale Supplement by reference, mutatis mutandis, as if its provisions were fully set forth herein. 
 10.7 Third Party
Beneficiaries. Seller and each Purchaser acknowledge and agree that the indenture trustee, on behalf of the holders of related notes, with respect to any Servicing Advance Financing Agreements pursuant to which Purchaser has transferred Servicer
Advances made pursuant to a Deferred Servicing Agreement is an express third party beneficiary of this Sale Supplement and the Agreement solely with respect to the Deferred Servicing Agreements related to such Servicing Advance Financing Agreement.

 [Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Sale Supplement to be executed and
delivered by its respective officer thereunto duly authorized as of the date above written. 
  

			
	 OCWEN LOAN SERVICING, LLC
 By: Ocwen Mortgage Servicing, Inc., as its sole member

		
	By:	 	 /s/ Kenneth D. Najour

	Name:	 	Kenneth D. Najour
	Title:	 	Treasurer
	
	HLSS HOLDINGS, LLC
		
	By:	 	 /s/ James Lauter

	Name:	 	James Lauter
	Title:	 	Senior Vice President and CFO
	
	HOME LOAN SERVICING SOLUTIONS, LTD.
		
	By:	 	 /s/ William C. Erbey

	Name:	 	William C. Erbey
	Title:	 	Chairman

 EXHIBIT A 
 Form of Monthly Remittance Report 
  

			
	Ocwen Loan Servicing, LLC	  	xxx
	Deal Name	  	
	Remittance Summary	  	[Month] [Year]

  

					
	 Particulars
	  	Amount ($)	 
	 Scheduled Principal Payments
	  	 	0.00	  
	 Curtailments
	  	 	0.00	  
	 Interest on curtailment
	  	 	0.00	  
	 Pool to Security
	  	 	0.00	  
	 Payoff Principal
	  	 	0.00	  
	 Neg Amt Prin
	  	 	0.00	  
	 Deferred Principal Paid
	  	 	0.00	  
		  	  
	  
	 
	 Total Principal remitted
	  	 	0.00	  
		  	  
	  
	 
		
	 Gross Scheduled Interest
	  	 	0.00	  
	 Less: Service fee amount
	  	 	0.00	  
	 Less: LPMI Premium
	  	 	0.00	  
	 Add: INT on STA Reinstatement
	  	 	0.00	  
	 Add: INT on STA Paid-in-full
	  	 	0.00	  
	 Less: STA PI Recoveries
	  	 	0.00	  
		  	  
	  
	 
	 Total Interest remitted
	  	 	0.00	  
		  	  
	  
	 
		
	 Less: Realized Loss
	  	 	0.00	  
	 Less: Trailing expenses
	  	 	0.00	  
	 Add: Trailing income
	  	 	0.00	  
	 +/– Collection on released loans
	  	 	0.00	  
	 Interest on curtailment
	  	 	0.00	  
	 Add: Prepayment penalty
	  	 	0.00	  
	 +/– Prior period PPP
	  	 	0.00	  
	 Add: Collection on STA loans
	  	 	0.00	  
	 Add: Non recoverable Credits
	  	 	0.00	  
	 Less: Non recoverable advances
	  	 	0.00	  
	 Less: Non Loan level expense
	  	 	0.00	  
	 Less: Jr Lien Blanket Policy Fee
	  	 	0.00	  
	 Less: Pre-approved legal expense
	  	 	0.00	  
	 +/– -Reconciliation adjustments
	  	 	0.00	  
	 + /– Arrearage remittance
	  			
	 Add: Principal Arrearage
	  	 	0.00	  
	 Add: Interest Arrearage
	  	 	0.00	  
	 + /– : Modification Forgiveness of Debt
	  			
	 Principal Forgiveness
	  	 	0.00	  
	 Interest Forgiveness
	  	 	0.00	  
	 Expense Forgiveness
	  	 	0.00	  
	 Scheduling Difference
	  	 	0.00	  
	 Deffered Principal Loss
	  	 	0.00	  
	 SAM waived balance loss
	  	 	0.00	  
	 Investor Incentives
	  	 	0.00	  
	 Less: Compensating Interest adjustment
	  	 	0.00	  
		  	  
	  
	 
	 Total Remittance
	  	 	0.00	  
		  	  
	  
	 

					
	 Beg Sch Balance
	  	 	0.00	  
	 Ending Principal Balance
	  	 	0.00	  
	 Beg Actual Balance
	  	 	0.00	  
	 Ending Actual Principal Balance
	  	 	0.00	  
	 Beg Deferred Principal Balance
	  	 	0.00	  
	 Ending Deferred Principal Balance
	  	 	0.00	  
	 Beg Loan count
	  	 	0.00	  
	 Payoffs
	  	 	0.00	  
	 End Loan count
	  	 	0.00	  
	 Principal Roll Test
	  	 	0.00	  
	 Loan Count Test
	  	 	0.00	  
		
	 Non Supporting Compensating Interest
	  	 	0.00	  
	 Wire of sub - Investor
	  	 	0.00	  
		  	  
	  
	 
	 Grand Total for PI Wire
	  	 	0.00	  
		  	  
	  
	 

 SCHEDULE I 
 SERVICING AGREEMENTS 
  

			
	 Investor #
	  	 Deal Name

	 3447
	  	C-BASS 2007-CB4
	 3163
	  	GSAMP 2007-HE1
	 3567
	  	Nomura 2007-3
	 3237
	  	PC 2006-1
	 3436
	  	C-BASS 2006-CB7
	 3158
	  	GSAMP 2006-HE7
	 3217
	  	Nomura 2006-FM2
	 3038
	  	CMLTI 2007-AMC3
	 3166
	  	GSAMP 2007-NC1
	 3025
	  	C-BASS 2007-MX1
	 2967
	  	ARSI 2004-W6
	 2966
	  	ARSI 2004-W5
	 2963
	  	ARSI 2003-W3
	 3418
	  	SURF 2003-BC4
	 2988
	  	C-BASS 2004-CB2
	 2948
	  	ABSC 2004-HE10
	 3209
	  	MORGAN STANLEY 2003-HE1
	 3088
	  	Fremont 2004-A
	 3110
	  	FREMONT HM LN TR 2004-1
	 3471
	  	Fieldstone 2005-1
	 3410
	  	Soundview 2005-3
	 3108
	  	FREMONT HM LN TR 2004-2
	 3414
	  	STALT 2006-1F
	 3000
	  	C-BASS 2005-CB6
	 2958
	  	AMIT 2005-1
	 3085
	  	First NLC 2005-2
	 3093
	  	Fremont 2005-2
	 3008
	  	C-BASS 2006-CB4
	 3169
	  	GSAMP Trust 2005-WMC3
	 3226
	  	Ownit 2006-2
	 2945
	  	ABFC 2006-HE1
	 3448
	  	C-BASS 2007-CB5
	 3159
	  	GSAMP 2006-NC1
	 3573
	  	Nomura 2007-2
	 3416
	  	SURF 2003-BC2
	 2962
	  	ARSI 2003-W1
	 2961
	  	AMSI 2004-FR1

			
	 3338
	  	RALI 2006-QS17
	 3382
	  	RAMP 2005-RP3
	 2989
	  	C-BASS 2004-CB3
	 2984
	  	C-BASS 2003-CB5
	 3196
	  	MLMI 2003-WMC2
	 3215
	  	NCHELT 2003-A
	 3145
	  	GSAMP 2004-NC1
	 2991
	  	C-BASS 2004-CB5
	 3469
	  	Fieldstone 2004-4
	 2987
	  	C-BASS 2004-CB1
	 3468
	  	Fieldstone 2004-3
	 2992
	  	C-BASS 2004-CB6
	 2994
	  	C-BASS 2004-CB8
	 2998
	  	C-BASS 2005-CB3
	 2990
	  	C-BASS 2004-CB4
	 2957
	  	AMIT 2004-1
	 3224
	  	Ownit 2005-5
	 3037
	  	CMLTI 2006-SHL1
	 3026
	  	C-BASS 2007-RP1
	 3441
	  	C-BASS 2006-RP2
	 3233
	  	PARK PLACE 2005-WLL1
	 3230
	  	Ownit 2006-6
	 3235
	  	PC 2005-3
	 3197
	  	MLMI 2007-HE2
	 3005
	  	C-BASS 2006-CB1
	 3081
	  	Fieldstone 2007-1
	 3111
	  	GE WMC 2005-1
	 3153
	  	GSAMP 2006-HE2
	 3227
	  	Ownit 2006-3
	 3155
	  	GSAMP 2006-HE4
	 3411
	  	Soundview 2006-1
	 3474
	  	Fieldstone 2006-1
	 3231
	  	Ownit 2006-7
	 3078
	  	Fieldstone 2006-2
	 3228
	  	Ownit 2006-4
	 3433
	  	C-BASS 2005-CB8
	 3152
	  	GSAMP 2006-HE1
	 3079
	  	Fieldstone 2006-3
	 3160
	  	GSAMP 2007-FM1
	 3112
	  	GE WMC 2005-2
	 3164
	  	GSAMP 2007-HE2
	 3426
	  	TERWIN 2003-HE2
	 3415
	  	SURF 2003-BC1

			
	 3309
	  	Provident 1998-4
	 2979
	  	C-BASS 2002-CB5
	 2947
	  	ABSC 2001-HE2
	 2944
	  	ABFC 2004-AHL1
	 3449
	  	CITI 2003-HE1
	 3319
	  	RAAC 2006-SP3
	 2975
	  	C-BASS 2002-CB1
	 2950
	  	ACE 2003-FM1
	 2986
	  	C-BASS 2003-RP1
	 2981
	  	C-BASS 2003-CB1
	 3143
	  	GSAMP 2003-SEA
	 2980
	  	C-BASS 2002-CB6
	 3200
	  	MLMLI 2004-HE1
	 2995
	  	C-BASS 2004-RP1
	 3320
	  	RAAC 2006-SP4
	 2976
	  	C-BASS 2002-CB2
	 3427
	  	TERWIN 2003-HE4
	 3082
	  	Finance America 2003-1
	 3323
	  	RAAC 2007-SP3
	 3194
	  	Meritage 2003-1 {Provident}
	 2982
	  	C-BASS 2003-CB2
	 3403
	  	SBM7 2002-CIT1
	 2973
	  	C-BASS 2001-CB3
	 3206
	  	MORGAN STANLEY 2002-NC2
	 3205
	  	MORGAN STANLEY 2002-NC1
	 2977
	  	C-BASS 2002-CB3
	 3220
	  	Ownit 2005-1
	 3219
	  	OWNIT 2004-1
	 3193
	  	Merill Lynch2003-HE1-Provident
	 3312
	  	Provident 2000-2
	 2983
	  	C-BASS 2003-CB3
	 3204
	  	MORGAN STANLEY 2002-HE3
	 3080
	  	Fieldstone 2006-S1
	 2968
	  	ARSI 2004-W7
	 2943
	  	ABFC 2003-AHL1
	 3417
	  	SURF 2003-BC3
	 2951
	  	ACE 2003-HS1 (Provident)
	 3207
	  	MORGAN STANLEY 2002-NC4
	 3211
	  	MORGAN STANLEY 2003-NC3
	 3311
	  	Provident 2000-1
	 3406
	  	SBMSI 2001-2
	 3212
	  	MORGAN STANLEY 2003-NC4
	 3455
	  	CFSB 2003-HE5

			
	 3434
	  	C-BASS 2005-RP1
	 3208
	  	MORGAN STANLEY 2002-NC5
	 3450
	  	CMLT 2004-RES1
	 3420
	  	SURF 2004-BC1
	 3202
	  	MORGAN STANLEY 2002-AM3
	 3087
	  	Fremont 2003-B
	 2949
	  	ABSC 2004-HE4
	 3409
	  	Soundview 2003-1
	 2996
	  	C-BASS 2005-CB1
	 2954
	  	ACE 2004-RM2
	 3470
	  	Fieldstone 2004-5
	 2985
	  	C-BASS 2003-CB6
	 3144
	  	GSAMP 2004-AHL
	 3475
	  	Fremont 2004-C
	 3210
	  	MORGAN STANLEY 2003-NC2
	 3412
	  	Soundview 2006-A
	 3147
	  	GSAMP 2005-NC1
	 2997
	  	C-BASS 2005-CB2
	 3084
	  	Finance America 2004-3
	 3435
	  	C-BASS 2005-RP2
	 3083
	  	FINANCE AMERICA 2004-1
	 3185
	  	GSRPM 2006-1
	 3310
	  	Provident 1999-3
	 3308
	  	PPT 2004-1
	 3232
	  	Ownit 2006-OT1
	 3027
	  	C-BASS 2007-SL1
	 3421
	  	SURF 2004-BC2
	 3419
	  	SURF 2004-AA1
	 2993
	  	C-BASS 2004-CB7
	 3146
	  	GSAMP 2004-NC2
	 3454
	  	CFSB 2003-HE4
	 3456
	  	CFSB 2003-HE7
	 3422
	  	SURF 2004-BC3
	 2953
	  	ACE 2004-FM2
	 3476
	  	Fremont 2004-D
	 3222
	  	Ownit 2005-3
	 3028
	  	C-BASS 2007-SP1
	 3432
	  	C-BASS 2005-CB7
	 3213
	  	MORGAN STANLEY 2003-NC8
	 3443
	  	C-BASS 2006-SL1
	 3423
	  	SURF 2004-BC4
	 3424
	  	SURF 2005-BC1
	 3221
	  	Ownit 2005-2

			
	 3401
	  	SABR 2004-NC1
	 2999
	  	C-BASS 2005-CB5
	 2955
	  	ACE 2005-AG1
	 3029
	  	C-BASS 2007-SP2
	 3095
	  	Fremont 2005-B
	 3440
	  	C-BASS 2006-RP1
	 3039
	  	C-BASS 2005-CB4
	 3109
	  	FREMONT HM LN TR 2004-4
	 3094
	  	Fremont 2005-A
	 3162
	  	GSAMP 2007-H1
	 3141
	  	GSAMP 2002-HH
	 3223
	  	Ownit 2005-4
	 3229
	  	Ownit 2006-5
	 3439
	  	C-BASS 2006-MH1
	 3225
	  	Ownit 2006-1
	 3472
	  	Fieldstone 2005-2
	 2946
	  	ABFC 2007-NC1
	 3096
	  	Fremont 2005-C
	 3473
	  	Fieldstone 2005-3
	 3006
	  	C-BASS 2006-CB2
	 3167
	  	GSAMP Trust 2005-HE5
	 3097
	  	Fremont 2005-D
	 3099
	  	Fremont 2006-2
	 3100
	  	Fremont 2006-A
	 3156
	  	GSAMP 2006-HE5
	 3154
	  	GSAMP 2006-HE3
	 3101
	  	Fremont 2006-B
	 2956
	  	ACE 2006-FM1
	 3098
	  	Fremont 2005-E
	 3104
	  	Fremont 2006-E
	 3103
	  	Fremont 2006-D
	 3102
	  	Fremont 2006-C
	 3442
	  	C-BASS 2006-SC1
	 3565
	  	ACE 2003-NC1 {Provident}
	 2952
	  	ACE 2004-1 (Provident)
	 3148
	  	GSAMP 2005-WMC1
	 3009
	  	C-BASS 2006-CB5
	 3236
	  	PC 2005-4
	 3437
	  	C-BASS 2006-CB8
	 3007
	  	C-BASS 2006-CB3
	 3188
	  	JPMAC 2005-FRE1
	 3216
	  	Nomura 2006-FM1
	 3477
	  	Fremont 2005-1

			
	 3149
	  	GSAMP 2005-WMC2
	 3024
	  	C-BASS 2007-CB6
	 3446
	  	C-BASS 2007-CB3
	 3157
	  	GSAMP 2006-HE6
	 3113
	  	GE-WMC 2006-1
	 3010
	  	C-BASS 2006-CB6
	 3444
	  	C-BASS 2007-CB1
	 3438
	  	C-BASS 2006-CB9
	 3151
	  	GSAMP 2006-FM3
	 3150
	  	GSAMP 2006-FM2
	 3170
	  	GSAMP Trust 2006-HE8
	 3161
	  	GSAMP 2007-FM2
	 3445
	  	C-BASS 2007-CB2
	 2519
	  	ACE 2006-HE1
	 2594
	  	CSSLT 2006-1
	 2704
	  	EquiFirst 2005-1 (Grwch)
	 2705
	  	First Franklin FFML 2005-FF1 (Barclays)
	 2706
	  	MSAC 2007-HE1
	 2707
	  	MSHEL 2007-2
	 2720
	  	Saxon 06-2
	 2721
	  	Saxon 03-3
	 2723
	  	Saxon 04-3
	 2724
	  	Saxon 05-1
	 2725
	  	ABFC 2007-WMC1
	 2726
	  	MSAC 2007-NC3
	 2728
	  	MSAC 2007-HE7
	 2732
	  	Soundview 2006-EQ1
	 2733
	  	MSAC 2007-HE6
	 2736
	  	SAST 2007-3
	 2740
	  	First Franklin 2002-FF2
	 2741
	  	First Franklin 2002-FF4
	 2746
	  	IXIS RE Capital Trust 2005-HE3
	 2747
	  	IXIS RE Capital Trust 2005-HE4
	 2748
	  	Morgan Stanley IXIS 2006-1
	 2750
	  	IXIS RE Capital Trust 2006-HE1
	 2760
	  	Morgan Stanley ST TR I 2007-1
	 2762
	  	Natixis 2007-HE2
	 2763
	  	NCFC 2006-MTA-1
	 3801
	  	NCFC 2006-1
	 3806
	  	NMFT 2007-1
	 3814
	  	ABSC 2004-HE9 (CSFB) 1/15/05
	 3819
	  	Meritage 2005-1 (Grwch)

			
	 3829
	  	ACE 2006-NC1 (Deutsche)
	 3833
	  	SABR 2005-FR2 (Barclays)
	 3834
	  	ABSC 2005-HE2 (CSFB)
	 3837
	  	FIRST FRANKLIN 2004-FFH3 (Grwch)
	 3839
	  	Meritage 2004-2 (Grwch)
	 3842
	  	SAST 2007-4
	 3857
	  	Saxon 02-3
	 3858
	  	Saxon 03-1
	 2699
	  	ABSC 2004-HE5 (CSFB)
	 2700
	  	ABSC 2004-HE7 (CSFB) 11/15/04
	 2703
	  	EquiFirst 2004-2 (Grwch)
	 2716
	  	SAST 2007-1
	 2717
	  	Saxon 05-2
	 2722
	  	Saxon 04-2
	 2727
	  	MSAC 2007-HE5
	 2729
	  	NMFT 2007-2
	 2731
	  	Saxon 06-3
	 2734
	  	Saxon 04-1
	 2735
	  	MSAC 2007-NC4
	 3793
	  	Soundview 2001-1 (Grwch) FASCO
	 3813
	  	SABR 2005-FR1 (Barclays)
	 3815
	  	ACE 2005-RM1 (Deutsche)
	 3817
	  	Soundview Home Loan Trust 2004-1 (Grwch)
	 3818
	  	Soundview 2004-WMC1 (Grwch)
	 3820
	  	Soundview 2005-2 (Grwch)
	 3828
	  	ACE 2005-RM2 (Deutsche)
	 3830
	  	ACE 2006-ASAP1 (Deutsche)
	 3831
	  	MSHEL 2007-1
	 3832
	  	MSAC 2007-HE4
	 3835
	  	First Franklin 2004-FFH2 (Grwch)
	 3836
	  	First Franklin 2004-FF5 (Grwch)
	 3838
	  	ABFC 2005-HE2 (B of A)
	 3840
	  	Meritage 2005-2 (Grwch)
	 3849
	  	Saxon 00-3
	 3854
	  	Saxon 02-2
	 3855
	  	Saxon 03-2
	 3566
	  	Morgan Stanley 2002-HE1
	 326
	  	IMC HELOT 1998-7
	 344
	  	ORMBS 1999-R2
	 413
	  	Delta Funding Series 1997-2
	 414
	  	Delta Funding Series 1997-3

			
	 416
	  	Delta Funding Series 1998-1
	 460
	  	Delta Funding Series 1999-2
	 461
	  	Delta Funding Series 1999-3
	 465
	  	Delta Funding Series 1999-1
	 520
	  	Ocwen 1998-R2
	 527
	  	BCF 1997-R2
	 554
	  	SBMS 1997-HUD1
	 596
	  	Amreit Eagle
	 598
	  	Lehman Securitization 1998-2
	 2046
	  	Metropolitan 1997-B
	 2047
	  	Metropolitan 1998-A
	 2048
	  	Metropolitan 1998-B
	 2050
	  	Metropolitan 1999-B
	 2052
	  	MAFI II REMIC TRUST 1999-D S/S
	 2063
	  	MSDW 2001-NC1
	 2141
	  	Salomon 2001-NC2
	 2143
	  	Delta Funding Series 2001-2
	 2155
	  	MSDW 2001-NC3
	 2175
	  	NCMC 2002-NCA
	 2190
	  	RMAC 2002-2
	 2216
	  	RMAC 2002-3
	 2234
	  	RMAC 2002-4
	 2239
	  	RMAC 2003-1
	 2266
	  	RMAC 2003-2
	 2302
	  	RMAC 2003-3
	 2319
	  	RMAC 2003-4
	 2543
	  	GSAMP 2006-SEA1
	 2584
	  	GSRPM 2006-2
	 2601
	  	GSAMP 2007-SEA1
	 2614
	  	GSRPM 2007-1
	 2713
	  	NMFT 2004-2
	 3789
	  	ABSC 2001-HE1
	 3791
	  	ACE 2002-HE1
	 3816
	  	ACE 2005-HE4
	 331
	  	Lehman/Sasco 1999SP-1
	 356
	  	Norwest/Lehman/Sasco 98-8
	 361
	  	Amresco Residential Securities Corp.
	 363
	  	Amresco 1998-3
	 383
	  	First Alliance 1997-4
	 385
	  	First Alliance 1998-2
	 387
	  	First Alliance 1998-4
	 388
	  	First Alliance 1999-1

			
	 390
	  	First Alliance 1999-3
	 395
	  	Amresco 1997-1
	 396
	  	Amresco 1997-2
	 397
	  	Amresco 1997-3
	 535
	  	BCF 1996-R1
	 549
	  	BCF 1997-R1
	 561
	  	BCF 1997-R3
	 569
	  	Ocwen 1998-R1
	 595
	  	Ocwen 1998-R3
	 3823
	  	GSAA HOME EQUITY 2006-2

 SCHEDULE II 
 Underlying Documents 
 None 

 SCHEDULE III 
 RETAINED SERVICING FEE PERCENTAGE 
  

					
	 From

Month1

	  	 To

Month
	  	 Retained Fee

	 1
	  	3	  	28.50 bps
	 4
	  	6	  	27.75 bps
	 7
	  	9	  	27.00 bps
	 10
	  	12	  	26.00 bps
	 13
	  	15	  	25.25 bps
	 16
	  	18	  	24.00 bps
	 19
	  	21	  	23.25 bps
	 22
	  	24	  	22.00 bps
	 25
	  	27	  	22.00 bps
	 28
	  	30	  	21.00 bps
	 31
	  	33	  	20.50 bps
	 34
	  	36	  	20.00 bps
	 37
	  	39	  	19.00 bps
	 40
	  	72	  	19.00 bps

  

	1 	 Starting with January 2013. 

 SCHEDULE IV 

TARGET RATIO SCHEDULE 
  

					
	Month2	  	Target Advance Ratio	 
	 1
	  	 	5.25	% 
	 2
	  	 	5.13	% 
	 3
	  	 	5.01	% 
	 4
	  	 	4.86	% 
	 5
	  	 	4.73	% 
	 6
	  	 	4.60	% 
	 7
	  	 	4.50	% 
	 8
	  	 	4.39	% 
	 9
	  	 	4.30	% 
	 10
	  	 	4.21	% 
	 11
	  	 	4.14	% 
	 12
	  	 	4.07	% 
	 13
	  	 	4.00	% 
	 14
	  	 	3.93	% 
	 15
	  	 	3.86	% 
	 16
	  	 	3.75	% 
	 17
	  	 	3.65	% 
	 18
	  	 	3.55	% 
	 19
	  	 	3.45	% 
	 20
	  	 	3.36	% 
	 21
	  	 	3.26	% 
	 22
	  	 	3.21	% 
	 23
	  	 	3.15	% 
	 24
	  	 	3.09	% 
	 25
	  	 	3.04	% 
	 26
	  	 	2.99	% 
	 27
	  	 	2.94	% 
	 28
	  	 	2.85	% 
	 29
	  	 	2.78	% 
	 30
	  	 	2.70	% 
	 31
	  	 	2.63	% 
	 32
	  	 	2.55	% 
	 33
	  	 	2.48	% 
	 34
	  	 	2.44	% 
	 35
	  	 	2.40	% 
	 36
	  	 	2.35	% 
	 37
	  	 	2.31	% 
	 38
	  	 	2.27	% 
	 39
	  	 	2.23	% 
	 40
	  	 	2.17	% 

  

	2 	 Starting with January 2013. 

					
	Month2	  	Target Advance Ratio	 
	 41
	  	 	2.11	% 
	 42
	  	 	2.05	% 
	 43
	  	 	2.00	% 
	 44
	  	 	1.94	% 
	 45
	  	 	1.89	% 
	 46
	  	 	1.86	% 
	 47
	  	 	1.82	% 
	 48
	  	 	1.79	% 
	 49
	  	 	1.76	% 
	 50
	  	 	1.76	% 
	 51
	  	 	1.75	% 
	 52
	  	 	1.75	% 
	 53
	  	 	1.75	% 
	 54
	  	 	1.75	% 
	 55
	  	 	1.75	% 
	 56
	  	 	1.75	% 
	 57
	  	 	1.75	% 
	 58
	  	 	1.75	% 
	 59
	  	 	1.75	% 
	 60
	  	 	1.75	% 
	 61
	  	 	1.75	% 
	 62
	  	 	1.75	% 
	 63
	  	 	1.75	% 
	 64
	  	 	1.75	% 
	 65
	  	 	1.75	% 
	 66
	  	 	1.75	% 
	 67
	  	 	1.75	% 
	 68
	  	 	1.75	% 
	 69
	  	 	1.75	% 
	 70
	  	 	1.75	% 
	 71
	  	 	1.75	% 
	 72
	  	 	1.75	% 

 SCHEDULE V 
 VALUATION PERCENTAGE 
  

					
	Investor Number	  	Purchase Price (bps)	 
	 3447
	  	 	46.27	  
	 3163
	  	 	36.13	  
	 3567
	  	 	39.74	  
	 3237
	  	 	35.62	  
	 3436
	  	 	46.00	  
	 3158
	  	 	38.63	  
	 3217
	  	 	43.23	  
	 3038
	  	 	(34.61	) 
	 3166
	  	 	37.66	  
	 3025
	  	 	4.03	  
	 2967
	  	 	24.90	  
	 2966
	  	 	21.62	  
	 2963
	  	 	28.64	  
	 3418
	  	 	54.28	  
	 2988
	  	 	58.32	  
	 2948
	  	 	56.27	  
	 3209
	  	 	15.36	  
	 3088
	  	 	55.49	  
	 3110
	  	 	68.90	  
	 3471
	  	 	40.35	  
	 3410
	  	 	62.41	  
	 3108
	  	 	63.44	  
	 3414
	  	 	46.35	  
	 3000
	  	 	47.03	  
	 2958
	  	 	17.57	  
	 3085
	  	 	40.17	  
	 3093
	  	 	58.48	  
	 3008
	  	 	49.14	  
	 3169
	  	 	53.33	  
	 3226
	  	 	47.19	  
	 2945
	  	 	22.94	  
	 3448
	  	 	(31.87	) 
	 3159
	  	 	65.14	  
	 3573
	  	 	14.33	  
	 3416
	  	 	17.00	  
	 2962
	  	 	31.96	  
	 2961
	  	 	50.09	  
	 3338
	  	 	35.01	  

					
	 3382
	  	 	(9.11	) 
	 2989
	  	 	46.82	  
	 2984
	  	 	65.88	  
	 3196
	  	 	31.57	  
	 3215
	  	 	45.51	  
	 3145
	  	 	52.25	  
	 2991
	  	 	36.09	  
	 3469
	  	 	(9.69	) 
	 2987
	  	 	37.61	  
	 3468
	  	 	38.89	  
	 2992
	  	 	40.68	  
	 2994
	  	 	25.29	  
	 2998
	  	 	52.02	  
	 2990
	  	 	41.88	  
	 2957
	  	 	21.22	  
	 3224
	  	 	40.04	  
	 3037
	  	 	28.88	  
	 3026
	  	 	(2.25	) 
	 3441
	  	 	(35.09	) 
	 3233
	  	 	43.54	  
	 3230
	  	 	23.74	  
	 3235
	  	 	46.05	  
	 3197
	  	 	29.98	  
	 3005
	  	 	66.31	  
	 3081
	  	 	40.48	  
	 3111
	  	 	57.35	  
	 3153
	  	 	43.72	  
	 3227
	  	 	28.48	  
	 3155
	  	 	11.87	  
	 3411
	  	 	38.75	  
	 3474
	  	 	35.24	  
	 3231
	  	 	29.01	  
	 3078
	  	 	31.60	  
	 3228
	  	 	24.07	  
	 3433
	  	 	60.79	  
	 3152
	  	 	36.28	  
	 3079
	  	 	37.88	  
	 3160
	  	 	47.42	  
	 3112
	  	 	52.58	  
	 3164
	  	 	40.30	  
	 3426
	  	 	44.70	  
	 3415
	  	 	23.84	  
	 3309
	  	 	(50.80	) 

					
	 2979
	  	 	(22.55	) 
	 2947
	  	 	(35.15	) 
	 2944
	  	 	27.33	  
	 3449
	  	 	37.92	  
	 3319
	  	 	47.32	  
	 2975
	  	 	(43.90	) 
	 2950
	  	 	38.10	  
	 2986
	  	 	(54.94	) 
	 2981
	  	 	(65.18	) 
	 3143
	  	 	(50.65	) 
	 2980
	  	 	(13.04	) 
	 3200
	  	 	37.49	  
	 2995
	  	 	(98.48	) 
	 3320
	  	 	44.47	  
	 2976
	  	 	(28.73	) 
	 3427
	  	 	65.03	  
	 3082
	  	 	34.97	  
	 3323
	  	 	48.30	  
	 3194
	  	 	17.03	  
	 2982
	  	 	6.45	  
	 3403
	  	 	(8.61	) 
	 2973
	  	 	(75.52	) 
	 3206
	  	 	(6.43	) 
	 3205
	  	 	(10.95	) 
	 2977
	  	 	(25.55	) 
	 3220
	  	 	57.05	  
	 3219
	  	 	61.14	  
	 3193
	  	 	18.24	  
	 3312
	  	 	(55.40	) 
	 2983
	  	 	39.77	  

					
	 3204
	  	 	13.49	  
	 3080
	  	 	(46.31	) 
	 2968
	  	 	33.96	  
	 2943
	  	 	37.92	  
	 3417
	  	 	34.47	  
	 2951
	  	 	0.59	  
	 3207
	  	 	(5.48	) 
	 3211
	  	 	23.35	  
	 3311
	  	 	(52.70	) 
	 3406
	  	 	(69.36	) 
	 3212
	  	 	29.71	  
	 3455
	  	 	25.78	  
	 3434
	  	 	(41.39	) 
	 3208
	  	 	2.20	  
	 3450
	  	 	52.09	  
	 3420
	  	 	50.51	  
	 3202
	  	 	0.39	  
	 3087
	  	 	71.97	  
	 2949
	  	 	(43.78	) 
	 3409
	  	 	(70.67	) 
	 2996
	  	 	35.64	  
	 2954
	  	 	37.80	  
	 3470
	  	 	31.24	  
	 2985
	  	 	57.61	  

					
	 3144
	  	 	42.27	  
	 3475
	  	 	50.94	  
	 3210
	  	 	17.86	  
	 3412
	  	 	(8.42	) 
	 3147
	  	 	34.26	  
	 2997
	  	 	26.66	  
	 3084
	  	 	39.00	  
	 3435
	  	 	(30.06	) 
	 3083
	  	 	24.91	  
	 3185
	  	 	(13.27	) 
	 3310
	  	 	(48.66	) 
	 3308
	  	 	2.64	  
	 3232
	  	 	(5.69	) 
	 3027
	  	 	(30.44	) 
	 3421
	  	 	40.21	  
	 3419
	  	 	23.52	  
	 2993
	  	 	44.98	  
	 3146
	  	 	49.36	  
	 3454
	  	 	26.00	  
	 3456
	  	 	56.63	  
	 3422
	  	 	45.72	  
	 2953
	  	 	62.15	  
	 3476
	  	 	58.85	  
	 3222
	  	 	38.12	  
	 3028
	  	 	(10.37	) 

					
	 3432
	  	 	51.60	  
	 3213
	  	 	21.84	  
	 3443
	  	 	(40.11	) 
	 3423
	  	 	41.64	  
	 3424
	  	 	31.82	  
	 3221
	  	 	37.53	  
	 3401
	  	 	30.66	  
	 2999
	  	 	66.46	  
	 2955
	  	 	61.75	  
	 3029
	  	 	16.15	  
	 3095
	  	 	51.68	  
	 3440
	  	 	(17.07	) 
	 3039
	  	 	54.46	  
	 3109
	  	 	59.13	  
	 3094
	  	 	54.60	  
	 3162
	  	 	29.91	  
	 3141
	  	 	(15.45	) 
	 3223
	  	 	43.24	  
	 3229
	  	 	19.41	  
	 3439
	  	 	35.68	  
	 3225
	  	 	66.18	  
	 3472
	  	 	46.13	  
	 2946
	  	 	45.77	  
	 3096
	  	 	59.69	  
	 3473
	  	 	55.93	  
	 3006
	  	 	59.56	  
	 3167
	  	 	33.56	  
	 3097
	  	 	61.07	  
	 3099
	  	 	55.25	  
	 3100
	  	 	38.87	  
	 3156
	  	 	26.80	  
	 3154
	  	 	17.17	  
	 3101
	  	 	29.57	  
	 2956
	  	 	43.14	  
	 3098
	  	 	53.95	  
	 3104
	  	 	51.19	  
	 3103
	  	 	40.34	  
	 3102
	  	 	45.67	  
	 3442
	  	 	103.86	  
	 3565
	  	 	20.85	  
	 2952
	  	 	56.94	  
	 3148
	  	 	48.21	  
	 3009
	  	 	46.43	  

					
	 3236
	  	 	41.48	  
	 3437
	  	 	44.71	  
	 3007
	  	 	55.84	  
	 3188
	  	 	57.83	  
	 3216
	  	 	54.42	  
	 3477
	  	 	57.45	  
	 3149
	  	 	57.68	  
	 3024
	  	 	45.84	  
	 3446
	  	 	54.03	  
	 3157
	  	 	46.55	  
	 3113
	  	 	39.79	  
	 3010
	  	 	39.08	  
	 3444
	  	 	(32.67	) 
	 3438
	  	 	48.74	  
	 3151
	  	 	51.83	  
	 3150
	  	 	43.12	  
	 3170
	  	 	31.74	  
	 3161
	  	 	49.03	  
	 3445
	  	 	54.76	  
	 2519
	  	 	38.96	  
	 2594
	  	 	38.96	  
	 2704
	  	 	43.76	  
	 2705
	  	 	38.88	  
	 2706
	  	 	37.40	  
	 2707
	  	 	42.00	  
	 2720
	  	 	100.26	  
	 2721
	  	 	110.97	  
	 2723
	  	 	91.31	  
	 2724
	  	 	104.92	  
	 2725
	  	 	51.85	  
	 2726
	  	 	40.11	  
	 2728
	  	 	38.85	  
	 2732
	  	 	29.55	  
	 2733
	  	 	39.72	  
	 2736
	  	 	54.48	  
	 2740
	  	 	(18.51	) 
	 2741
	  	 	26.02	  
	 2746
	  	 	30.09	  
	 2747
	  	 	29.48	  
	 2748
	  	 	28.69	  
	 2750
	  	 	48.14	  
	 2760
	  	 	26.62	  
	 2762
	  	 	33.74	  

					
	 2763
	  	 	45.59	  
	 3801
	  	 	19.45	  
	 3806
	  	 	11.55	  
	 3814
	  	 	38.59	  
	 3819
	  	 	(14.48	) 
	 3829
	  	 	44.71	  
	 3833
	  	 	40.42	  
	 3834
	  	 	33.64	  
	 3837
	  	 	34.46	  
	 3839
	  	 	(2.30	) 
	 3842
	  	 	49.30	  
	 3857
	  	 	74.04	  
	 3858
	  	 	102.28	  
	 2699
	  	 	52.21	  
	 2700
	  	 	58.92	  
	 2703
	  	 	48.44	  
	 2716
	  	 	40.68	  
	 2717
	  	 	105.72	  
	 2722
	  	 	128.32	  
	 2727
	  	 	42.39	  
	 2729
	  	 	24.92	  
	 2731
	  	 	100.06	  
	 2734
	  	 	88.04	  
	 2735
	  	 	37.01	  
	 3793
	  	 	(119.21	) 
	 3813
	  	 	34.27	  
	 3815
	  	 	14.60	  
	 3817
	  	 	46.25	  
	 3818
	  	 	45.47	  
	 3820
	  	 	4.52	  
	 3828
	  	 	14.15	  
	 3830
	  	 	24.25	  
	 3831
	  	 	43.60	  
	 3832
	  	 	30.03	  
	 3835
	  	 	22.60	  
	 3836
	  	 	50.83	  
	 3838
	  	 	38.98	  
	 3840
	  	 	(6.04	) 
	 3849
	  	 	(43.40	) 
	 3854
	  	 	56.49	  
	 3855
	  	 	114.08	  
	 3566
	  	 	(5.02	) 
	 326
	  	 	(45.96	) 

					
	 344
	  	 	34.68	  
	 413
	  	 	(51.15	) 
	 414
	  	 	(19.73	) 
	 416
	  	 	(16.26	) 
	 460
	  	 	(29.83	) 
	 461
	  	 	(49.96	) 
	 465
	  	 	(24.19	) 
	 520
	  	 	1.67	  
	 527
	  	 	(14.73	) 
	 554
	  	 	(81.90	) 
	 596
	  	 	8.96	  
	 598
	  	 	8.27	  
	 2046
	  	 	(69.45	) 
	 2047
	  	 	(132.90	) 
	 2048
	  	 	(63.20	) 
	 2050
	  	 	(47.90	) 
	 2052
	  	 	(38.39	) 
	 2063
	  	 	(61.99	) 
	 2141
	  	 	(11.57	) 
	 2143
	  	 	(14.67	) 
	 2155
	  	 	(62.63	) 
	 2175
	  	 	(6.90	) 
	 2190
	  	 	25.81	  
	 2216
	  	 	44.89	  
	 2234
	  	 	60.36	  
	 2239
	  	 	60.37	  
	 2266
	  	 	73.93	  
	 2302
	  	 	87.39	  
	 2319
	  	 	85.54	  
	 2543
	  	 	38.96	  
	 2584
	  	 	38.96	  
	 2601
	  	 	38.96	  
	 2614
	  	 	38.96	  
	 2713
	  	 	33.16	  
	 3789
	  	 	(60.74	) 
	 3791
	  	 	(12.33	) 
	 3816
	  	 	21.33	  

 SCHEDULE VI 
 AMORTIZATION PERCENTAGE 
  

					
	Month3	  	Amortization Percentage	 
		
	 1
	  	 	100.00	% 
	 2
	  	 	98.70	% 
	 3
	  	 	97.30	% 
	 4
	  	 	96.00	% 
	 5
	  	 	94.70	% 
	 6
	  	 	93.50	% 
	 7
	  	 	92.20	% 
	 8
	  	 	91.00	% 
	 9
	  	 	89.70	% 
	 10
	  	 	88.50	% 
	 11
	  	 	87.30	% 
	 12
	  	 	86.20	% 
	 13
	  	 	85.00	% 
	 14
	  	 	83.90	% 
	 15
	  	 	82.70	% 
	 16
	  	 	81.60	% 
	 17
	  	 	80.50	% 
	 18
	  	 	79.40	% 
	 19
	  	 	78.40	% 
	 20
	  	 	77.30	% 
	 21
	  	 	76.30	% 
	 22
	  	 	75.20	% 
	 23
	  	 	74.20	% 
	 24
	  	 	73.20	% 
	 25
	  	 	72.20	% 
	 26
	  	 	71.30	% 
	 27
	  	 	70.30	% 
	 28
	  	 	69.40	% 
	 29
	  	 	68.40	% 
	 30
	  	 	67.50	% 
	 31
	  	 	66.60	% 
	 32
	  	 	65.70	% 
	 33
	  	 	64.80	% 
	 34
	  	 	64.00	% 
	 35
	  	 	63.10	% 
	 36
	  	 	62.20	% 
	 37
	  	 	61.40	% 
	 38
	  	 	60.60	% 
	 39
	  	 	59.80	% 
	 40
	  	 	59.00	% 

  

	3 	 Starting with January 2013. 

					
	Month3	  	Amortization Percentage	 
		
	 41
	  	 	58.20	% 
	 42
	  	 	57.40	% 
	 43
	  	 	56.60	% 
	 44
	  	 	55.90	% 
	 45
	  	 	55.10	% 
	 46
	  	 	54.40	% 
	 47
	  	 	53.60	% 
	 48
	  	 	52.90	% 
	 49
	  	 	52.20	% 
	 50
	  	 	51.50	% 
	 51
	  	 	50.80	% 
	 52
	  	 	50.10	% 
	 53
	  	 	49.40	% 
	 54
	  	 	48.80	% 
	 55
	  	 	48.10	% 
	 56
	  	 	47.50	% 
	 57
	  	 	46.80	% 
	 58
	  	 	46.20	% 
	 59
	  	 	45.60	% 
	 60
	  	 	45.00	% 
	 61
	  	 	44.40	% 
	 62
	  	 	43.80	% 
	 63
	  	 	43.20	% 
	 64
	  	 	42.60	% 
	 65
	  	 	42.00	% 
	 66
	  	 	41.50	% 
	 67
	  	 	40.90	% 
	 68
	  	 	40.40	% 
	 69
	  	 	39.80	% 
	 70
	  	 	39.30	% 
	 71
	  	 	38.80	% 
	 72
	  	 	38.20	%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00211-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00211-of-00352.parquet"}]]