Document:

WAIVER AND CONSENT

Exhibit 10.30

WAIVER AND CONSENT

THIS WAIVER AND CONSENT, dated as of June 20, 2007 (this “Consent”), is by and among ALLIANCE ONE INTERNATIONAL, INC., a Virginia corporation (the “Company”), INTABEX NETHERLANDS B.V., a company formed under the laws of The Netherlands and a Subsidiary of the Company (the “Dutch Borrower”; together with the Company, collectively the “Borrowers,” and individually, a “Borrower”), each of the Domestic Subsidiaries of the Borrower from time to time party hereto (the “Domestic Guarantors”), ALLIANCE ONE INTERNATIONAL AG, a Swiss corporation (“Alliance AG”; together with the Company and the Domestic Guarantors, collectively the “Guarantors” and individually, a “Guarantor”), and WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association, as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). 

W I T N E S S E T H:

WHEREAS, pursuant to the Amended and Restated Credit Agreement dated as of March 30, 2007 (as previously amended or modified and as further amended, restated or otherwise modified from time to time, the “Credit Agreement”; capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Credit Agreement) among the Borrower, the Guarantors, the lenders and other financial institutions from time to time party thereto (the “Lenders”), and the Administrative Agent, the Lenders have extended commitments to make certain credit facilities available to the Borrower;

WHEREAS, the Company is restating its December 31, 2006 Form 10-Q which was previously delivered to the Administrative Agent on or prior to the Closing Date pursuant to Section 3.1 of the Credit Agreement (“Closing Date Financial Statements”);

WHEREAS, the Company is requesting that the Required Lenders waive any potential Event of Default under Sections 5.2(a) or 7.1(b) of the Credit Agreement relating to the restatement of the Closing Date Financial Statements to correct a cumulative understatement of income tax expense and any misrepresentation by the Company as to the accuracy of such Closing Date Financial Statements (collectively, the “Event of Default”);

WHEREAS, the Credit Parties have requested that the Required Lenders extend the time for delivery of (a) the annual financial statements referred to in Section 5.1(a)(i) and (ii) of the Credit Agreement for the fiscal year ended March 31, 2007 (the “Section 5.1(a) Financial Statements”) and (b) the certificates referred to in Section 5.2(a) and (b) of the Credit Agreement for the fiscal year ended March 31, 2007 (collectively, the “Section 5.2 Certificates”), in each case to a date which is on or before June 29, 2007; and

WHEREAS, the Required Lenders are willing to (a) waive the Event of Default and (b) extend the time for delivery of the Section 5.1(a) Financial Statements and the Section 5.2 Certificates to a date which is on or before June 29, 2007, in each case subject to the terms and conditions set forth herein.

NOW, THEREFORE, IN CONSIDERATION of the premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

SECTION 1

WAIVER AND CONSENT

1.1

Waiver.  Notwithstanding the provisions of the Credit Agreement to the contrary, the Required Lenders hereby waive the Event of Default.

1.2

Consent.  Notwithstanding the provisions of the Credit Agreement to the contrary, the Required Lenders hereby extend the time for delivery of the Section 5.1(a) Financial Statements and the Section 5.2 Certificates to a date which is on or before June 29, 2007.

1.3

Effectiveness of Waiver and Consent.  This Consent shall be effective only to the extent specifically set forth herein and shall not (a) be construed as a waiver of any breach or default nor as a waiver of any breach or default of which the Lenders have not been informed by the Credit Parties, (b) affect the right of the Lenders to demand compliance by the Credit Parties with all terms and conditions of the Credit Agreement, except as specifically consented to pursuant to the terms hereof, (c) be deemed a waiver of any transaction or future action on the part of the Credit Parties requiring the Lenders’ or the Required Lenders’ consent or approval under the Credit Agreement, or (d) except as consented to and waived hereby, be deemed or construed to be a waiver or release of, or a limitation upon, the Administrative Agent’s or the Lenders’ exercise of any rights or remedies under the Credit Agreement or any other Credit Document, whether arising as a consequence of any Event of Default which may now exist or otherwise, all such rights and remedies hereby being expressly reserved.

SECTION 2

CONDITIONS TO EFFECTIVENESS

2.1

Closing Conditions.  This Consent shall become effective as of the day and year set forth above upon satisfaction of the following conditions (in form and substance reasonably acceptable to the Administrative Agent):

(a)

Executed Consent.  The Administrative Agent shall have received a copy of this Consent duly executed by each of the Credit Parties and the Administrative Agent, on behalf of the Required Lenders.

(b)

Executed Lender Consents.  The Administrative Agent shall have received executed lender consents, in substantially the form of Exhibit A attached hereto, from the Required Lenders authorizing the Administrative Agent to enter into this Consent on their behalf.  The delivery by the Administrative Agent of its signature page to this Consent shall constitute conclusive evidence that the consents from the Required Lenders have been obtained.

(c)

Miscellaneous.  All other documents and legal matters in connection with the transactions contemplated by this Consent shall be reasonably satisfactory in form and substance to the Administrative Agent and its counsel.

SECTION 3

REPRESENTATIONS AND WARRANTIES

3.1

Representations and Warranties.  Each of the Credit Parties represents and warrants as follows:

(a)

It has taken all necessary action to authorize the execution, delivery and performance of this Consent.

(b)

This Consent has been duly executed and delivered by such Person and constitutes such Person’s legal, valid and binding obligations, enforceable in accordance with its terms, except as such enforceability may be subject to (i) bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).

(c)

No consent, approval, authorization or order of, or filing, registration or qualification with, any court or governmental authority or third party is required in connection with the execution, delivery or performance by such Person of this Consent.

(d)

The representations and warranties set forth in Article III of the Credit Agreement are true and correct as of the date hereof (except for those which expressly relate to an earlier date).

(e)

After giving effect to this Consent, no event has occurred and is continuing which constitutes a Default or an Event of Default.

(f)

The Security Documents continue to create a valid security interest in, and Lien upon, the Collateral, in favor of the Administrative Agent, for the benefit of the Lenders, which security interests and Liens are perfected in accordance with the terms of the Security Documents and prior to all Liens other than Permitted Liens.

(g)

Except as specifically provided in this Consent, the Credit Party Obligations are not reduced or modified by this Consent and are not subject to any offsets, defenses or counterclaims.

SECTION 4

MISCELLANEOUS

4.1

Counterparts/Telecopy.  This Consent may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all of which shall constitute one and the same instrument.  Delivery of executed counterparts of this Consent by telecopy shall be effective as an original and shall constitute a representation that an original shall be delivered.

4.2

Instrument Pursuant to Credit Agreement.  This Consent is a Credit Document executed pursuant to the Credit Agreement and shall (unless otherwise expressly indicated therein) be construed, administered and applied in accordance with the terms and provisions of the Credit Agreement.  

4.3

Reaffirmation of Credit Party Obligations.  Each Credit Party hereby ratifies the Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement applicable to it and (b) that it is responsible for the observance and full performance of its respective Credit Party Obligations.

4.4

Amended Terms.  The term “Credit Agreement” as used in each of the Credit Documents shall hereafter mean the Credit Agreement as amended by this Consent.  Except as specifically amended hereby or otherwise agreed, the Credit Agreement and the other Credit Documents are hereby ratified and confirmed and shall remain in full force and effect according to their terms.

4.5

Survival.  Except as expressly modified and amended in this Consent, all of the terms and provisions and conditions of each of the Credit Documents shall remain unchanged.  

4.6

Expenses.  The Borrower agrees to pay all reasonable costs and expenses of the Administrative Agent in connection with the preparation, execution and delivery of this Consent, including without limitation the reasonable fees, expenses and retainer amounts of the Administrative Agent’s legal counsel and financial consultants.

4.7

Further Assurances.  The Credit Parties agree to promptly take such action, upon the request of the Administrative Agent, as is necessary to carry out the intent of this Consent.

4.8

Governing Law.  THIS CONSENT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICT OF LAWS  PRINCIPLES THEREOF (OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW).

4.9

Successors and Assigns.  This Consent shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

4.10

General Release.  In consideration of the Lenders entering into this Consent, each Credit Party hereby releases the Administrative Agent, the Lenders, and the Administrative Agent's and the Lenders' respective officers, employees, representatives, agents, counsel and directors from any and all actions, causes of action, claims, demands, damages and liabilities of whatever kind or nature, in law or in equity, now known or unknown, suspected or unsuspected to the extent that any of the foregoing arises from any action or failure to act under the Credit Agreement on or prior to the date hereof, except, with respect to any such person being released hereby, any actions, causes of action, claims, demands, damages and liabilities arising out of such person’s gross negligence, bad faith or willful misconduct.

4.11

Waiver of Jurisdiction; Service of Process; Waiver of Jury Trial; Arbitration.  The jurisdiction, service of process, waiver of jury trial and arbitration provisions set forth in Sections 9.12, 9.13 and 9.16 of the Credit Agreement are hereby incorporated by reference, mutatis mutandis.

[Balance of Page Intentionally Left Blank].

ALLIANCE ONE INTERNATIONAL, INC.

CONSENT

Each of the parties hereto has caused a counterpart of this Consent to be duly executed and delivered as of the date first above written.

COMPANY:

ALLIANCE ONE INTERNATIONAL, INC.

By:       /s/  Robert E. Harrison

Name: 

       Robert E. Harrison

Title: 

Chief Executive Officer & President

By:       /s/  James A. Cooley

Name: 

       James A. Cooley

Title: 

Executive Vice President & Chief Financial

            Officer

DUTCH BORROWER:

INTABEX NETHERLANDS B.V.

By:       /s/  James A. Cooley

Name: 

       James A. Cooley

Title: 

Attorney-in-fact

By:       /s/  Joel Thomas

Name: 

       Joel Thomas

Title: 

Attorney-in-fact

DOMESTIC GUARANTORS:

[NONE]

FOREIGN GUARANTORS:

ALLIANCE ONE INTERNATIONAL AG

By:       /s/  James A. Cooley

Name: 

       James A. Cooley

Title: 

Authorized Signor

By:       /s/  Joel Thomas

Name: 

       Joel Thomas

Title: 

Authorized Signor

ALLIANCE ONE INTERNATIONAL, INC.

CONSENT

ADMINISTRATIVE AGENT 

AND LENDERS:

WACHOVIA BANK, NATIONAL ASSOCIATION,

as Administrative Agent and as a Lender

By:       /s/  Jorge A. Gonzalez

Name: 

       Jorge A. Gonzalez 

Title: 

Managing Director

EXHIBIT A

FORM OF

LENDER CONSENT

See Attached.

LENDER CONSENT

This Lender Consent is given pursuant to the Amended and Restated Credit Agreement, dated as of March 30, 2007 (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”) by and among ALLIANCE ONE INTERNATIONAL, INC., a Virginia corporation (the “Company”), INTABEX NETHERLANDS B.V., a company formed under the laws of The Netherlands and a Subsidiary of the Company (the “Dutch Borrower”; together with the Company, collectively the “Borrowers,” and individually, a “Borrower”), each of the Domestic Subsidiaries of the Borrower from time to time party thereto (the “Domestic Guarantors”), ALLIANCE ONE INTERNATIONAL AG, a Swiss corporation (“Alliance AG”; together with the Company and the Domestic Guarantors, collectively the “Guarantors” and individually, a “Guarantor”), the lenders and other financial institutions from time to time party thereto (the “Lenders”) and WACHOVIA BANK, NATIONAL ASSOCIATION, as administrative agent on behalf of the Lenders (in such capacity, the “Administrative Agent”).  Capitalized terms used herein shall have the meanings ascribed thereto in the Credit Agreement unless otherwise defined herein. 

The undersigned hereby approves the Waiver and Consent (the “Consent”), to be dated on or about June 20, 2007 by and among the Borrower, the Guarantors party thereto, and the Administrative Agent and hereby authorizes the Administrative Agent to execute and deliver the Consent on its behalf and, by its execution below, the undersigned agrees to be bound by the terms and conditions of the Consent and the Credit Agreement.  

Delivery of this Lender Consent by telecopy shall be effective as an original.

A duly authorized officer of the undersigned has executed this Lender Consent as of the ___ day of June, 2007.

______________________________,

as a Lender

By:

______________________________

Name:

______________________________

Title:

______________________________Exhibit
      4.9

    THIRD
      AMENDMENT

     

    TO

     

    AMENDED
      AND RESTATED OPERATING AGREEMENT

     

    OF

     

    VAN
      DER MOOLEN SPECIALISTS USA, LLC

     

    Dated:
      July 1, 2006

    

     

    THIRD
      AMENDMENT, dated July 1, 2006 (the “Amendment”), to the Amended
      and Restated Operating Agreement, dated December 1, 2004, as amended by the
      First Amendment, dated December 30, 2004, and the Second Amendment dated January
      3, 2005 (the “Operating Agreement”), of Van der Moolen
      Specialists USA, LLC, a New York limited liability company (the
“Company”), by and among the entity and individuals listed on
      Schedule A hereto (each, a “Member” and collectively, the
“Members”).

     

    WHEREAS,
      Robert M. Spiegelberg terminated as a Member of the Company effective as of
      January 31, 2005; Harold Yosco and Gregory R. Wertz terminated as Members of
      the
      Company effective as of April 30, 2005; John F.X. Dolan, M. Andica Kunst and
      Daniel P. Morrissey terminated as Members of the Company effective as of May
      31,
      2005; Robert J. Burke, Charles P. Dolan,  Kevin J. Lyden, Terrence P.
      Burns, and Christopher C. Smith terminated as Members of the Company effective
      as of June 30, 2005; Philip T. Keating terminated as a Member of the Company
      effective August 31, 2005; Mark J. Mazzella terminated as a Member of the
      Company effective December 31, 2005 and Stephen M. Scavone terminated as a
      Member of the Company effective March 31, 2006, and

     

    WHEREAS,
      Carmen Barone, William C. Quinn, Kenneth B. Smythe, and William P. White will
      become Members of the Company as of the date of this Agreement, and the Members
      have determined to compensate them as if they had become Members of the Company
      on July 1, 2005; and

     

    WHEREAS,
      Michael J. Sokoll will become a Member of the Company as of the date of this
      Agreement, and the Members have determined to compensate him as if he had become
      a Member of the Company on October 1, 2005; and

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    WHEREAS,
      Joseph A. Creen, Jr. will become a Member of the Company as of the date of
      this
      Agreement, and the Members have determined to compensate him as if he had become
      a Member of the Company on December 1, 2005; and

     

    WHEREAS,
      William T. Brazier, Geoffrey D. Friedman, Brian D. Langer, Matthew J. Mandola,
      Matthew W. Markiewicz, Brian K. Schaeffer, Michael J. Sherman and William S.
      Sonner will become Members of the Company as of the date of this Agreement,
      and

     

    WHEREAS,
      The Members have determined to: (i) allocate a portion of the Float Percentage
      among the Members; (ii) revise the Profit and Loss Percentages of Members;
      (iii)
      reduce the Stated Capital of the Company from $* to $* million; (iv) amend
      Schedule A to the Operating Agreement of the Company to reflect the foregoing
      changes, (v) revise Section 4.2 of the Operating Agreement (“Withdrawals of
      Capital”), and (vi) revise Section 5.5 of the Operating Agreement
      (“Indemnification”).

     

    NOW,
      THEREFORE, in consideration of the foregoing premises and the terms and
      conditions set forth in this Amendment, the Members hereby agree as
      follows:

     

    1.         Capitalized
      terms used but not defined herein shall have the meanings ascribed to such
      terms
      in the Operating Agreement.

     

    2.         Carmen
      Barone, William C. Quinn, Kenneth B. Smythe, and William P. White will become
      Members of the Company as of the date of this Agreement, and will be compensated
      as if they had become Members of the Company on July 1, 2005.  Michael
      J. Sokoll will become a Member of the Company as of the date of this Agreement,
      and will be compensated as if he had become a Member of the Company on October
      1, 2005.  Joseph A. Creen, Jr. will become a Member of the Company as
      of the date of this Agreement, and will be compensated as if he had become
      a
      Member of the Company on December 1, 2005.  William T. Brazier,
      Geoffrey D. Friedman, Brian D. Langer, Matthew J. Mandola, Matthew W.
      Markiewicz, Brian K. Schaeffer, Michael J. Sherman and William S. Sonner will
      become Members of the Company as of the date of this Agreement.

     

    3.         Schedule
      A to the Operating Agreement is hereby deleted and Schedule A annexed to this
      Amendment shall be substituted therefor.

     

    4.         Section
      4.2 of the Operating Agreement (“Withdrawals of Capital”) shall be amended to
      read as follows:

     

    Section
      4.2.  Withdrawals of Capital.  In addition to the
      distributions provided for in Section 4.1, a Member may request a distribution
      of his capital from the Company.  The Management Committee may approve
      such a request in whole or part subject to satisfaction of each of the following
      conditions: (1) the Management Committee, in its sole and absolute discretion,
      determines that the payment of the distribution is in the best interest of
      the
      Company given the circumstances prevailing at the time and taking into account
      such economic, business, regulatory and other facts and considerations as the
      Management Committee may deem relevant, (2) without the prior written approval
      of the NYSE, no portion of a Member’s capital may be withdrawn by the Member
      on

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    less
      than
      six-months written notice of such withdrawal given no sooner than six months
      after such capital was contributed to the Company, (3) assuming the distribution
      to the Member of his capital, the Company is in compliance with Rule 15c3-1
      under the 34 Act, and (4)  the distribution does not reduce the
      Member’s Capital Account below his Stated Capital.

     

    5.         Section
      5.5 of the Operating Agreement (“Indemnification”) shall be amended to read as
      follows:

     

    Section
      5.5.  Indemnification.

     

    (a)           The
      Company shall indemnify and hold harmless any person (the “Indemnified
      Party”) who becomes a party or is threatened to be made a party to any
      threatened, pending or completed action, suit or proceeding, by reason of such
      Indemnified Party’s activities on behalf of the Company, whether as a Member of
      the Company or a member of the Management Committee, or as an officer,
      shareholder, member, director, agent or employee of either such Member, against
      losses, damages, claims or expenses actually and reasonably incurred by the
      Indemnified Party in connection with such action, suit or proceeding, for which
      such Indemnified Party has not otherwise been reimbursed (including reasonable
      attorneys’ fees, judgments, fines and amounts paid in settlement), if such
      Indemnified Party acted, in good faith, for a purpose which he or she reasonably
      believed to be in, (or, in the case of service undertaken at the request of
      the
      Company for any other corporation or any partnership, joint venture, trust,
      employee benefit plan or other enterprise,) not opposed to, the best interests
      of the Company and, in criminal actions or proceedings, in addition, had no
      reasonable cause to believe that his or her conduct was unlawful; provided,
      however, that no indemnification may be made to or on behalf of any Indemnified
      Party if a judgment or other final adjudication adverse to such Indemnified
      Party establishes (i) that his or her acts were committed in bad faith or were
      the result of active and deliberate dishonesty and were material to the cause
      of
      action so adjudicated, or (ii) that such person personally gained a financial
      profit or other advantage to which he or she was not legally
      entitled.

     

    (b)           The
      Company shall indemnify or advance expenses in accordance with Section 5.5(a)
      above to any Indemnified Person; provided, however, that such expenses shall
      be
      paid only upon prior receipt by the Company of an undertaking, by or on behalf
      of such Indemnified Person and satisfactory in form and substance to the
      Company, to repay any such amount so reimbursed or advanced if it shall
      ultimately be determined by final judicial decision from which there is no
      further right of appeal that such Indemnified Person is not entitled to be
      indemnified for such expenses in accordance with the provisions of paragraph
      (a)
      above.  The Company’s obligation to pay any such reimbursement or
      advance is also subject to its prior receipt of documentation reasonably
      satisfactory to it of the nature and amount of any such
      expenses.  Upon any such ultimate determination that the Indemnified
      Person is not entitled to be indemnified, the Indemnified Person
      shall

     

     

    
      
        
        

      

      
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    forthwith
      repay to the Company all amounts so reimbursed or advanced to such Indemnified
      Person hereunder.

     

    (c)           The
      members of the Management Committee shall not be liable to the Company or the
      Members (i) for mistakes of judgment or for any act or omission suffered or
      taken by it, or for losses due to any such mistakes, action or inaction, except
      to the extent that the mistake, action, or inaction was caused by the gross
      negligence or willful misconduct of such member of the Management Committee
      or
      (ii) for the willful misfeasance, negligence, bad faith or other conduct of
      any
      independent contractor of the Company selected by the Management Committee,
      provided that such independent contractor was selected, engaged or retained
      and
      continued in good faith.

     

    (d)           A
      member of the Management Committee may consult with legal counsel or accountants
      selected in each case by the Management Committee and any action or omission
      suffered or taken in good faith in reliance and accordance with the written
      opinion or advice of any such counsel or accountants (provided such have been
      selected with reasonable care) shall be full protection and justification with
      respect to the action or omission so suffered or taken.

     

    (e)           In
      the event that any Member shall, notwithstanding the provisions of Section
      609
      of the Act to the contrary (and solely as a result of the inapplicability,
      or
      deemed inapplicability of such provision of the Act), become liable under a
      judgment, decree or order of a court, or in any other manner, for a debt,
      obligation or liability of the Company, then the Company shall indemnify such
      Member and hold such Member harmless from and against any such liability of
      such
      Member (together with reasonable attorneys’ fees and expenses in defending
      against any claimant seeking to impose any such liability) to the extent that
      it
      related to or arose out of any action taken or any transaction effected by
      the
      Management Committee under this Agreement or any action which the Management
      Committee failed to take or any transaction which the Management Committee
      failed to effect and which the Members or the Management Committee was obligated
      to take or effect under this Agreement.  Nothing in the preceding
      provisions of this paragraph shall affect the rights of the Company against
      a
      Member for the acts or omissions to act of that Member.

     

    (f)           Neither
      a Member nor a member of the Management Committee shall be personally liable
      to
      any other Member for any payment to the other Member with respect to the other
      Member’s interest in the Company, any and all of which payments shall be made
      solely from, and to the extent of, the Company’s assets.

     

    [REMAINDER
      OF PAGE LEFT INTENTIONALLY BLANK]

     

     

    
      
        
        

      

      
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    IN
      WITNESS
      WHEREOF, the Members have executed this Amendment which may be signed in
      counterparts which, when taken together, shall constitute one and the same
      Amendment, as of the date and year first written above.

     

    
      	MILL
              BRIDGE IV, LLC	 
	 	 	 
	 	 	 
	 	 	 
	By:	 	 
	 	Name:	 

    

     

     

    
      	 	 	 
	
              CARMEN
                BARONE

            	 	
              JASON
                N. BLATT

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              WILLIAM
                T. BRAZIER

            	 	
              NICHOLAS
                R. BRIGANDI

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              JAMES
                J. CAMANELLA

            	 	
              MATTHEW
                C. CEBULSKI

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              FORREST
                CLOSE, II

            	 	
              JOSEPH
                A. CREEN, JR.

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              CHRISTOPHER
                S. DEARBORN

            	 	
              JAMES
                E. DEMAIRA, JR.

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              ROBERT
                B. FAGENSON

            	 	
              PAUL
                D. FRANKEL

            

    

     

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

     

    
      	 	 	 
	
              
                GEOFFREY
                  D. FRIEDMAN

              

            	 	
              
                ANDREW
                  J. GRABOWSKI

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                ROBERT
                  W. GRAHAME

              

            	 	
              
                STEPHEN
                  R. GREEN

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                THOMAS
                  M. GREENHILL

              

            	 	
              
                STEVEN
                  GROSSMAN

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                MARK
                  A. INNAIMO

              

            	 	
              
                BRIAN
                  D. LANGER

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              MATTHEW
                J. MANDOLA

            	 	
              
                MATTHEW
                  W. MARKIEWICZ

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              SCOTT
                E. MAZZELLA

            	 	
              
                MICHAEL
                  J. MCDONNELL

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              SCOTT
                E. MCMAHON

            	 	
              JAMES
                L. MILLER

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              DAVID
                A. MIRANDA

            	 	
              IRWIN
                MISSHULA

            

    

     

     

    
      
        
        

      

      
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                  JOHN
                    D. MONAHAN

                

              

            	 	
              
                
                  NICHOLAS
                    S. ORLANDO

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                
                  ERIC
                    B. OSCHER

                

              

            	 	
              
                
                  THOMAS
                    PERRY

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                
                  WILLIAM
                    C. QUINN

                

              

            	 	
              
                
                  STEVEN
                    M. RUBINSTEIN

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                
                  EDWARD
                    J. SCAVONE

                

              

            	 	
              
                
                  JAMES
                    J. SCAVONE

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                THOMAS
                  E. SCAVONE

              

            	 	
              
                
                  BRIAN
                    K. SHCAEFFER

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              THOMAS
                H. SHAFER

            	 	
              
                
                  MICHAEL
                    J. SHERMAN

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                STEPHEN
                  J. SHERMAN

              

            	 	
              
                KENNETH
                  B. SMYTHE

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                MICHAEL
                  J. SOKOLL

              

            	 	
              
                WILLIAM
                  S. SONNER

              

            

    

     

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

     

    
      	 	 	 
	
              
                
                  GREGG
                    F. SORRENTINO

                

              

            	 	
              
                
                  LOUIS
                    J. SPINA

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                
                  
                    MARTIN
                      B. STEINTHAL, III

                  

                

              

            	 	
              
                
                  GLEN
                    R. SURNAMER

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                
                  
                    JOSEPH
                      A. TALENTO

                  

                

              

            	 	
              
                
                  
                    JOSEPH
                      V. TALENTO

                  

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                
                  
                    ALBERT
                      VEENSTRA

                  

                

              

            	 	
              
                
                  
                    THOMAS
                      J. VERDIGLIONE

                  

                

              

            
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	
              
                
                  MARK
                    E. WAGNER

                

              

            	 	
              
                
                  WILLIAM
                    P. WHITE

                

              

            
	 	 	 

    

     

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

     

    Schedule
      A

     

    to

     

    AMENDED
      AND RESTATED OPERATING AGREEMENT

     

    of

     

    VAN
      DER MOOLEN SPECIALISTS USA, LLC

     

    Dated:
      as of July 1, 2006

    

    
      	
              MEMBERS   

            
	
               

              Name

            	
               

              Address

            	
              Stated

              Capital
                ($)

            	
              Profit
                and Loss

              Percentage
                (%)

            
	
              Mill
                Bridge IV, LLC

            	
              45
                Broadway, 29th Fl.

              New
                York, NY 10006

            	
              *

            	
              75.0000

            
	
              Carmen
                Barone

            	
              *

              Staten
                Island, NY 10312

            	
              
                *

              

            	
              *

            
	
              Jason
                N. Blatt

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              William
                T. Brazier

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Nicholas
                Brigandi

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              James
                J. Campanella

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Matthew
                C. Cebulski

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Forrest
                Close, II

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Joseph
                A. Creen, Jr.

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Christopher
                S. Dearborn

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              James
                E. DeMaira, Jr.

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Robert
                B. Fagenson

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Paul
                D. Frankel

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Geoffrey
                D. Friedman

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            

    

    

    
 

    
      
        
        

      

      
        ii

        
          

        

      

      
        
        

      

    

    
      	
              MEMBERS   

            
	
               

              Name

            	
               

              Address

            	
              Stated

              Capital
                ($)

            	
              Profit
                and Loss

              Percentage
                (%)

            
	
              Andrew
                J. Grabowski

            	
              *

            	
              *

            	
              *

            
	
              Robert
                W. Grahame

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Stephen
                R. Green

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Thomas
                M. Greenhill

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Steven
                Grossman

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Mark
                A. Innaimo

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Brian
                D. Langer

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Matthew
                J. Mandola

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Matthew
                W. Markiewicz

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Scott
                E. Mazzella

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Michael
                J. McDonnell

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Scott
                E. McMahon

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              James
                L. Miller

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              David
                A. Miranda

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Irwin
                Misshula

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              John
                D. Monahan

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Nicholas
                R. Orlando

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Eric
                B. Osher

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Thomas
                Perry

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            

    

     

     

    
      
        
        

      

      
        iii

        
          

        

      

      
        
        

      

    

     

    
      	
              MEMBERS   

            
	
               

              Name

            	
               

              Address

            	
              Stated

              Capital
                ($)

            	
              Profit
                and Loss

              Percentage
                (%)

            
	
              William
                C. Quinn

            	
              *

            	
              *

            	
              *

            
	
              Steven
                M. Rubinstein

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Edward
                J. Scavone

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              James
                J. Scavone

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Thomas
                E. Scavone

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Brian
                K. Schaeffer

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Thomas
                H. Shafer

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Michael
                J. Sherman

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Stephan
                J. Sherman

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Kenneth
                B. Smythe

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Michael
                J. Sokoll

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              William
                S. Sonner

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Gregg
                F. Sorrentino

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Louis
                J. Spina

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Martin
                B. Steinthal III

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Glen
                R. Surnamer

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Joseph
                A. Talento

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            

    

     

     

    
      
        
        

      

      
        iv

        
          

        

      

      
        
        

      

    

     

    
      	
              MEMBERS   

            
	
               

              Name

            	
               

              Address

            	
              Stated

              Capital
                ($)

            	
              Profit
                and Loss

              Percentage
                (%)

            
	
              Joseph
                V. Talento

            	
              *

            	
              *

            	
              *

            
	
              Albert
                Veenstra

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Thomas
                J. Verdiglione

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Mark
                E. Wagner

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              William
                P. White

            	
              
                *

              

            	
              
                *

              

            	
              
                *

              

            
	
              Float
                Percentage

            	
              
                *

              

            	
              
                *

              

            
	 	
              TOTAL

            	
              
                *

              

            	
              
                *

              

            

    

     

    v

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00125-of-00352.parquet"}]]