Document:

12312001 Form 10-K Exhbit 10.151

                                            Exhibit 10.151

AMENDMENT NUMBER FOUR

to the

MASTER LOAN AND SECURITY AGREEMENT

This AMENDMENT NUMBER FOUR (this "Amendment") is made this 14th day of
November, 2001, between E-LOAN, INC.  ("Borrower") and GREENWICH CAPITAL
FINANCIAL PRODUCTS, INC. ("Lender") to the MASTER LOAN AND SECURITY
AGREEMENT, dated as of May 10, 1999, between Lender and Borrower, as otherwise
amended (the "Loan Agreement").

RECITALS

WHEREAS, Borrower has requested that Lender agree to amend the Loan
Agreement to increase the maximum amount of advances that may be made on an
uncommitted basis, and the Lender has agreed to make such amendments, subject to
the terms and conditions of this Amendment.

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

SECTION 1.  (a) Increase of Maximum Uncommitted Amount.
Effective as of October 1, 2001, the defined term "Maximum Uncommitted Amount"
is deleted in its entirety and replaced with the following:
"Maximum Uncommitted Amount shall mean $150 million."

(b)Applicable Collateral Percentage.  Effective as of October 1,
2001, the defined term "Applicable Collateral Percentage" is hereby amended by
adding the following to the end thereof:
"; provided, however, if at any time the aggregate outstanding principal
amount of Advances exceeds $200 million, the "98%" contained in
clauses (a)(1) and (b)(1) shall automatically be changed to "95%" with
respect to any and all Mortgage Loans pledged to the Lender in connection with
the Advance that results in the aggregate outstanding principal amount of
Advances exceeding $200 million and each pledge of Mortgage Loans made during
the period of time in which the aggregate outstanding principal amount of
Advances exceeds $200 million."

(c)Applicable Margin.  Effective as of October 1, 2001, the
defined term "Applicable Margin" is hereby amended by adding the following to
the end thereof:
"; provided, however, if at any time the aggregate outstanding principal
amount of Advances exceeds $200 million, the per annum rate for Tranche A
Advances shall be automatically increased from 0.95% to 1.50%" and the per annum
rate for Tranche B Advances shall be automatically increased from 1.50% to 2.00%
with respect to the Advance that results in the aggregate outstanding principal
amount of Advances exceeding $200 million and each subsequent Advance made
during the period of time in which the aggregate outstanding principal amount of
Advances exceeds $200 million."

SECTION 2.  Fees and Expenses.  Borrower agrees to pay to Lender all
fees and out of pocket expenses incurred by Lender in connection with this
Amendment (including all reasonable fees and out of pocket costs and expenses of
the Lender's legal counsel incurred in connection with this Amendment), in
accordance with Section 11.03 of the Loan Agreement

SECTION 3.  Defined Terms.  Any terms capitalized but not otherwise
donned herein shall have the respective meanings set forth in the Loan
Agreement.

SECTION 4.  Representations.  In order to induce the Lender to execute
and deliver this Amendment, the Borrower hereby represents to the Lender that as
of the date hereof, after giving effect to this Amendment, the Borrower is in
full compliance with all of the terms and conditions of the Loan Agreement.

SECTION 5.  Limited Effect.  Except as expressly amended and modified
by this Amendment, the Loan Agreement shall continue in full force and effect in
accordance with its terms.  Reference to this Amendment need not be made in the
Loan Agreement or any other instrument or document executed in connection
therewith, or in any certificate, letter or communication issued or made
pursuant to, or with respect to, the Loan Agreement, any reference in any of
such items to the Loan Agreement being sufficient to refer to the Loan Agreement
as amended hereby.

SECTION 6.  GOVERNING LAW.  THIS AMENDMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK AND THE OBLIGATIONS, RIGHTS,
AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED 1N ACCORDANCE WITH
SUCH LAWS WITHOUT REGARD TO CONFLICT OF LAWS DOCTRINE APPLIED 1N SUCH STATE.

SECTION 7.  Counterparts.  This Amendment may be executed by each of
the parties hereto on any number of separate counterparts, each of which shall
be an original and all of which taken together shall constitute one and the same
instrument.

[SIGNATURE PAGE FOLLOWS]

 

1N WITNESS WHEREOF, each of the Borrower sad the Lender have caused this
Amendment to be executed and delivered by its duly authorized officer as of the
day and year first above written.
E-LOAN, INC.,

Borrower
By:

Name:  

Title:  

GREENWICH CAPITAL FINANCIAL PRODUCTS, INC.,

Lender
By:

Name:  

Title:12312001 Form 10-K Exhbit 10.152

 

                        [ ** ] Confidential treatment requested

                                            Exhibit 10.152

Third Amendment to Auto Loan Purchase and Sale
Agreement

This THIRD AMENDMENT ("Amendment") to the Auto Loan Purchase and Sale
Agreement dated and effective May 1, 2000 by and between E-LOAN, Inc. ("E-LOAN") and
Wells Fargo Bank, N.A. - Auto Finance Group ("Wells Fargo" or
"Correspondent"), as amended by the First Amendment to Auto Loan Purchase and
Sale Agreement dated March 15, 2001 (collectively, the Agreement") is
entered into and effective on this 16th day of November, 2001.

FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which is
expressly acknowledged by the parties hereto, E-LOAN and Wells Fargo agree as
follows:
1.The Exhibit E of the SECOND AMENDMENT is hereby deleted and
replaced with Exhibit E attached to this Amendment.

2.The Agreement is hereby modified and amended to incorporate the terms
and conditions set froth herein, which shall supersede and prevail over any
conflicting terms of the Agreement.  Except for the changes set forth above, all
of the terms and conditions of the Agreement shall remain in full force and
effect.

	
WELLS FARGO BANK, N.A. -

AUTO FINANCE GROUP
By:

Authorized Signature

Name:  Cynthia Kuo

Title:  Senior Vice President

	
E-LOAN, INC.
By:

Authorized Signature

Name:

Title:
By:

Authorized Signature

Name:

Title:

 

 

Exhibit E:  Purchase Price

Purchase Price:

With respect to each Loan made, Correspondent shall pay E-LOAN, via ACH in
the account specified in Section 1.6, the Principal Balance of each Loan.
Correspondent will use its best effort to pay within 48 hours of receipt of the
Required Documents for such Loan.  Calculation and payment of Additional
Compensation shall be as shown below.

Additional Compensation:

1.Origination Fees:

As additional compensation for E-LOAN's performance of Services hereunder,
Wells Fargo will pay E-LOAN a fee ("Origination Fee") for each loan purchased
under this Agreement calculated in accordance with the attached Core Pricing
Model.  on or before the tenth (10th) day of each month, Wells Fargo
shall pay E-LOAN the aggregate Origination Fees for all Loans funded in the
prior calendar month pursuant to this Agreement.  Notwithstanding the foregoing,
E-LOAN shall refund the Origination Fee to Wells Fargo for each Loan that is
prepared within [ ** ] days from the date such Loan is funded.

Origination Fees will be discounted based on the aggregate dollar volume of
funded loans within each calendar month according to the following schedule. The
discount is applied to the Spread and the model calculates the new Origination
Fee based on the discounted Spread.
[ ** ]

2.Definitions:
Contract Rate - The Annual Percentage Rate charged to the borrower by
E-LOAN.

Spread - Difference between the Contract Rate and Buy Rate.

 

[ ** ]12312001 Form 10-K Exhbit 10.153

                                            Exhibit 10.153

SECOND MODIFICATION AGREEMENT

THIS SECOND MODIFICATION AGREEMENT (the "Agreement") is made as of the
17th day of December, 2001, by and among E-LOAN, INC. (the "Borrower"), and GMAC
Bank, a federal saving bank (the "Lender").

BACKGROUND

The Borrower and the Lender entered into a Warehouse Credit Agreement,
dated as of November 1, 2001, as amended (as so amended, the "Warehouse
Credit Agreement") pursuant to which the Lender agreed to make advances (the
"Advances") to the Borrower in accordance with the provisions of the Warehouse
Credit Agreement. All capitalized terms used herein and not otherwise defined
shall have the meanings set forth in the Warehouse Credit Agreement.

The Advances are evidenced by the Borrower's Note, dated as of
November 1, 2001 (the "Note") in the stated principal amount of $50,000,000
and secured by, among other things, a Warehouse Security Agreement dated as of
November 1, 2001, as amended (as so amended, the "Warehouse Security
Agreement") between the Borrower and the Lender granting the Lender a security
interest in certain of the Borrower's assets.

The Borrower has requested that the Lender make certain modifications to the
terms of the Warehouse Credit Agreement, and the Lender has agreed to such
modification, subject to the terms and conditions of this Agreement.

NOW, THEREFORE, the parties hereto, intending to be legally bound hereby,
agree as follows:

1.Warehouse Credit Agreement.  The Warehouse Credit Agreement is
hereby amended as follows:

(a)The definition of "Commitment" contained in Section 1.01 of the
Warehouse Credit Agreement is amended to read in full as follows:
""Commitment" shall mean the obligation of the Lender to make Advances
in an aggregate principal amount outstanding at any time not to exceed
$50,000,000, or such other amount as Lender, in its sole discretion, may
determine from time to time, provided that during the period of
December 17, 2001 through February 17, 2002, Commitment shall be
increased to $70,000,000."

(b)Section 3.01(d) is hereby added to the Warehouse Credit Agreement
and shall read in full as follows:
"(d)The Borrower shall pay the Lender a commitment fee (the "Commitment
Fee") in an amount equal to .25% per annum of the Commitment increase in effect
from December 17, 2001 through February 17, 2002.  The Commitment Fee
shall be due and payable monthly in advance on the Effective Date and on the
fifth Business Day in each calendar month thereafter with respect to the
Commitment Fee accruing during such calendar month."

2.Note.  The Note shall be amended and restated to provide that
the principal amount thereof is Seventy Million United States dollars
($70,000,000).

3.References to Credit Documents.  Upon the effectiveness of this
Agreement:

(a)Each reference in the Warehouse Credit Agreement to "this Agreement,"
"hereunder," "hereof," "herein" or words of like import, and each reference in
the Restated Note and the Warehouse Security Agreement to the Warehouse Credit
Agreement, shall mean and be a reference to the Warehouse Credit Agreement as
amended hereby;

(b)Each reference in the Warehouse Credit Agreement and the Warehouse
Security Agreement to the Note shall mean and be a reference to the Restated
Note; and

(c)Each reference in the Warehouse Credit Agreement and the Note to the
Warehouse Security Agreement shall mean and be a reference to the Warehouse
Security Agreement as amended hereby.

4.Ratification of Documents.

(a)Except as specifically amended herein or amended and restated in the
Restated Note, the Warehouse Credit Agreement, the Note and the Warehouse
Security Agreement shall remain unaltered and in full force and effect and are
hereby ratified and confirmed.

(b)The execution, delivery and effectiveness of this Agreement and the
Restated Note shall not, except as expressly provided herein, operate as a
waiver of any right, power or remedy of the leader under the Warehouse Credit
Agreement, the Note or the Warehouse Security Agreement nor constitute a waiver
of any default or Event of Default under the Warehouse Credit Agreement, the
Note or the Warehouse Security Agreement.

5.Representations and Warranties.  The Borrower hereby certifies
that (i) the representations and warranties which it made in the Warehouse
Credit Agreement and the Warehouse Security Agreement are true and correct as of
the date hereof and (ii) no Event of Default and no event which could
become an Event of Default with the passage of time or the giving of notice, or
both, under the Note, the Warehouse Credit Agreement or the Warehouse Security
Agreement exists on the date hereof.

6.Miscellaneous.

(a)This Agreement shall be governed by and construed according to the
laws of the State of Delaware without regard to the principles of conflicts of
laws and shall be binding upon and shall inure to the benefit of the parties
hereto, their successors and assigns.

(b)This Agreement may be executed in one or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.

(c)This Agreement is intended to take effect as a document under
seal.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
day and year first above written.
E-LOAN, INC.
By:

President

GMAC Bank
By:

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