Document:

allion41.htm

    
      

    

    Exhibit 4.1

     

    CERTIFICATE
OF DESIGNATION OF

     

    SERIES
A-1 PREFERRED STOCK

     

    OF

     

    ALLION
HEALTHCARE, INC.

     

    Pursuant
to Section 151 of the

     

    General
Corporation Law of the State of Delaware

     

    Allion
Healthcare, Inc. (the “Corporation”), a
corporation organized and existing under the General Corporation Law of the
State of Delaware (the “General Corporation
Law”), hereby certifies that, pursuant to (i) the authority
conferred upon the board of directors (the “Board of Directors”)
by the Certificate of Incorporation of the Corporation (the “Certificate of
Incorporation”) and (ii) the provisions of Section 151 of the
General Corporation Law, the Board of Directors duly adopted a resolution on
____________ _____, 2008, which resolution is as follows:

     

    RESOLVED,
that pursuant to the authority vested in the Board of Directors of the
Corporation by the Certificate of Incorporation, the Board of Directors does
hereby create a series of the presently authorized shares of Preferred Stock of
the Corporation.  The shares of such series shall be designated “Series A-1 Preferred
Stock” and shall have a par value of $0.001 per share.  The
designations, preferences and other rights of Series A-1 Preferred Stock
authorized hereunder and the qualifications, limitations and restrictions of
such preferences and rights are as follows:

     

    1.           Designation and
Number.  A series of Preferred Stock of the Corporation,
designated “Series A-1
Preferred Stock,” is hereby established.  The number of shares
of Series A-1 Preferred Stock authorized shall be Ten Million
(10,000,000).

     

    2.           Dividend
Provisions.

     

    (a) The
holders of shares of Series A-1 Preferred Stock shall be entitled to receive
dividends, out of any assets legally available therefor, at a rate per share of
18% per annum of the Original Issue Price (as defined in Section 3(a) below);
provided, however, that no dividends shall be paid, whether accrued or not
accrued, in the event that the Series A-1 Preferred Stock converts into shares
of the Corporation’s $0.001 par value Common Stock (“Common
Stock”).  Subject to the foregoing, dividends shall accrue
until a Liquidation Event (as defined below).  The Corporation shall
not be obligated to pay holders of Series A-1 Preferred Stock any interest or
sum of money in lieu of interest on any dividend accrued but not yet paid to the
holders of Series A-1 Preferred Stock.

     

    (b) No
dividends (other than, subject to Section 7 of this Certificate of Designation,
those payable solely in the Common Stock of the Corporation) shall be paid on
any shares of Common Stock of the Corporation (or junior series of preferred
stock, if any) during any fiscal year of the Corporation until dividends on the
Series A-1 Preferred Stock shall have been paid during that fiscal year and any
prior years in which dividends have accrued but remain
unpaid.  Following any such payment or declaration, the holders of any
shares of Common Stock shall be entitled to receive dividends, payable out of
funds legally available therefore, when, as and if declared by the Board of
Directors, subject to the provisions of Section 7 this Certificate of
Designation.

    

    3.           Liquidation
Preference.

     

    (a) In the
event of any Liquidation Event (as defined in Section 3(c) below), either
voluntary or involuntary, the holders of each share of Series
A-1  Preferred Stock shall be entitled to receive prior and in
preference to any distribution of the proceeds of such Liquidation Event (the
“Proceeds”) to
the holders of Common Stock (or junior series of preferred stock, if any) by
reason of their ownership thereof, an amount per share equal to the greater of
(i) the sum of the applicable Original Issue Price (as defined below) for such
shares of Series A-1  Preferred Stock, plus accrued but unpaid
dividends on such shares, or (ii) the sum of the amount that would be
payable for such shares of Series A-1  Preferred Stock as if such
holder’s shares of Series A-1  Preferred Stock had been converted to
Common Stock immediately prior to the Liquidation Event.  If, upon a
distribution pursuant to subsection (a)(i), the Proceeds thus distributed among
the holders of the Series A-1  Preferred Stock shall be insufficient
to permit payment to such holders of the full aforesaid preferential amounts,
then the entire Proceeds legally available for distribution shall be distributed
equally and ratably among the holders of the Series A-1  Preferred
Stock in proportion to the full preferential amount that each such holder is
otherwise entitled to receive under subsection (a)(i).  “Original Issue Price”
shall mean $5.50 per share for each share of the Series A-1 Preferred Stock (as
adjusted equitably for any stock splits, stock dividends, combinations,
subdivisions, recapitalizations or the like with respect to such series of
Preferred Stock).

     

    (b) Upon
completion of the distribution described in subsection (a)(i) of this Section 3,
all of the remaining Proceeds available for distribution to stockholders shall
be distributed among the holders of Common Stock pro rata based on the number of
shares of Common Stock held by each.

     

           (c) (i)A
“Liquidation
Event” shall include a transaction or series of related transactions that
result in (A) the closing of the sale, transfer or other disposition of all
or substantially all of the Corporation’s assets, (B) the consummation of a
merger or consolidation of the Corporation with or into another entity (except a
merger or consolidation in which the holders of capital stock of the Corporation
immediately prior to such merger or consolidation continue to hold at least 50%
of the voting power of the capital stock of the Corporation or the surviving or
acquiring entity), (C) the sale or transfer in one or in a series of related
transactions of 50% or more of the capital stock of the Corporation to any
holder or group of related holders, excluding the transactions pursuant to which
this Series A-1  Preferred Stock is issued, or (D) the liquidation,
dissolution or winding up of the Corporation.  The treatment of any
particular transaction or series of related transactions as a Liquidation Event
may be waived by the vote or written consent of the holders of at least
fifty-one percent (51%) of the outstanding Series A-1 Preferred
Stock.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        
(ii)           Upon
any Liquidation Event, if the Proceeds include items other than cash, the value
of such items will be their fair market value as determined in good faith by a
nationally recognized appraisal firm selected by the holders of a majority of
the outstanding shares of Series A-1  Preferred Stock and reasonably
acceptable to the Board of Directors of the Corporation (the fees paid to such
appraisal firm shall be borne by the Corporation), provided that any securities
shall be valued as follows:

    

     

    
      	
               
      

            	
              (A)

            	
              If
      traded on a securities exchange or through the Nasdaq National Market or
      another national securities exchange, the value shall be deemed to be the
      average of the closing prices of the securities on such exchange or system
      over the ten (10) trading-day period ending one (1) trading day prior to
      the closing of the Liquidation
Event;

            

    

     

    
      	
               
      

            	
              (B)

            	
              If
      actively traded over-the-counter, the value shall be deemed to be the
      average of the closing bid or sale prices (whichever is applicable) over
      the ten (10) trading-day period ending one (1) trading day prior to the
      closing of the Liquidation Event;

            

    

     

    
      	
               
      

            	
              (C)

            	
              If
      there is no active public market, the value shall be the fair market value
      thereof, as determined in good faith by a nationally-recognized appraisal
      firm selected by the holders of a majority of the outstanding shares of
      Series A-1 Preferred Stock and reasonably acceptable to the Board of
      Directors of the Corporation (the fees paid to such appraisal firm shall
      be borne by the Corporation); and

            

    

     

    
      	
               
      

            	
              (D)

            	
              The
      foregoing methods for valuing non-cash consideration to be distributed in
      connection with a Liquidation Event may be superceded by any determination
      of such value set forth in the definitive agreements governing such
      Liquidation Event.

            

    

     

    (iii)           The
Corporation shall give each holder of record of Series A-1 Preferred Stock
written notice of such impending Liquidation Event not later than thirty (30)
days prior to the stockholders’ meeting called to approve such transaction, or
thirty (30) days prior to the closing of such transaction, whichever is earlier,
and shall also notify such holders of the final approval of such
transaction.  The first of such notices shall describe the material
terms and conditions of the impending transaction and the provisions of this
Section 2, and the Corporation shall thereafter give such holders reasonable
notice of any material changes.  The transaction shall in no event
take place sooner than thirty (30) days after the Corporation has given the
first notice provided for herein or sooner than ten (10) days after the
Corporation has given notice of any material changes provided for herein;
provided, however, subject to compliance with the General Corporation Law such
periods may be shortened or waived upon the written consent of the holders of
Series A-1  Preferred Stock that represent at least fifty-one percent
(51%) of the outstanding shares of such Series A-1  Preferred Stock
(voting together as a single class and not as separate series, and on an
as-converted basis).

     

    4.           Redemption.  The
shares of Series A-1 Preferred Stock shall not be redeemable.

     

    5.           Conversion.  The
Series A-1 Preferred Stock shall convert in accordance with the provisions of
this Section 5.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (a) Conversion
Ratio.  Each share of Series A-1  Preferred Stock
shall convert on the Stockholder Approval Date (as defined below) into such
number of duly and validly issued, fully paid and nonassessable shares of Common
Stock as is determined by the Conversion Ratio (as defined below) applicable on
the Stockholder Approval Date.   “Conversion Ratio”
means one (1) share of Common Stock for one (1) share of Series A-1 Preferred
Stock, or as such Conversion Ratio may be adjusted in accordance with the
provisions of this Section 5.  “Stockholder Approval
Date” means the date of approval by the holders of Common Stock of the
conversion set forth herein, and such approval shall be in accordance with
applicable law and the rules and regulations of any securities exchange on which
the Common Stock of the Corporation is then listed.

     

    (b) Automatic
Conversion.  All shares of Series A-1 Preferred Stock shall
automatically convert into shares of Common Stock on the Stockholder Approval
Date at the applicable Conversion Ratio (the “Automatic
Conversion”).  Upon the Automatic Conversion, any holder of
Series A-1 Preferred Stock shall thereafter surrender its certificate(s)
representing shares of Series A-1 Preferred Stock at the principal executive
office of the Corporation and the Corporation shall promptly issue a new
certificate for the number of shares of Common Stock to which such holder is
entitled.  Failure of any holder to effect the exchange of its
certificate representing shares of Series A-1 Preferred Stock for a certificate
representing shares of Common Stock shall not affect the Automatic Conversion of
such holder’s shares of Series A-1 Preferred Stock into shares of Common
Stock.

     

    (c) Conversion Ratio Adjustments
of Series A-1 Preferred Stock for Certain Splits and
Combinations.  The Conversion Ratio of the Series
A-1  Preferred Stock shall be subject to adjustment from time to time
as follows:

    

    (i)           In
the event the Corporation should at any time or from time to time after the date
hereof fix a record date for the effectuation of a split or subdivision of the
outstanding shares of Common Stock or for the determination of holders of Common
Stock entitled to receive a dividend or other distribution payable in additional
shares of Common Stock or other securities or rights convertible into, or
entitling the holder thereof to receive directly or indirectly, additional
shares of Common Stock (hereinafter referred to as “Common Stock
Equivalents”) without payment of any consideration by such holder for the
additional shares of Common Stock or the Common Stock Equivalents (including the
additional shares of Common Stock issuable upon conversion or exercise thereof),
then, as of such record date (or the date of such dividend distribution, split
or subdivision if no record date is fixed), the Conversion Ratio shall be
appropriately decreased so that the number of shares of Common Stock issuable on
conversion of each share of Series A-1  Preferred Stock shall be
increased in proportion to such increase of the aggregate of shares of Common
Stock outstanding and those issuable with respect to such Common Stock
Equivalents.

    

    (ii)           If
the number of shares of Common Stock outstanding at any time after the date
hereof is decreased by a combination of the outstanding shares of Common Stock,
then, following the record date of such combination, the Conversion Ratio shall
be appropriately increased so that the number of shares of Common Stock issuable
on conversion of each share of such series shall be decreased in proportion to
such decrease in outstanding shares.

    

    (d) Other
Distributions.  In the event the Corporation shall declare a
distribution payable in securities of other persons, evidences of indebtedness
issued by the Corporation or other persons, assets (excluding cash dividends) or
options or rights not referred to in subsection 5(c)(i), then, in each such case
for the purpose of this subsection 5(d), the holders of Series
A-1  Preferred Stock shall be entitled upon conversion thereof to a
proportionate share of any such distribution as though they were the holders of
the number of shares of Common Stock of the Corporation into which their shares
of Series A-1  Preferred Stock are convertible as of the record date
fixed for the determination of the holders of Common Stock of the Corporation
entitled to receive such distribution.

    

    (e) Recapitalizations.  If
at any time or from time to time there shall be a recapitalization of the Common
Stock (other than a subdivision, combination or merger or sale of assets
transaction provided for elsewhere in this Section 5 or in Section 3), provision
shall be made so that the holders of the Series A-1  Preferred Stock
shall thereafter be entitled to receive upon conversion of the Series
A-1  Preferred Stock the number of shares of stock or other securities
or property of the Corporation or otherwise, to which a holder of Common Stock
deliverable upon conversion would have been entitled on such
recapitalization.  In any such case, appropriate adjustment shall be
made in the application of the provisions of this Section 5 with respect to the
rights of the holders of the Series A-1 Preferred Stock after the
recapitalization to the end that the provisions of this Section 5 (including
adjustment of the Conversion Ratio then in effect) shall be applicable after
that event as nearly equivalently as may be practicable.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (f) No
Impairment.  The Corporation will not by amendment of its
Certificate of Incorporation or through any reorganization, recapitalization,
transfer of assets, consolidation, merger, dissolution, issue or sale of
securities or any other voluntary action, avoid or seek to avoid the observance
or performance of any of the terms to be observed or performed hereunder by the
Corporation, but will at all times in good faith assist in the carrying out of
all the provisions of this Section 5 and in the taking of all such action as may
be reasonably appropriate in order to protect the rights of the holders of the
Series A-1  Preferred Stock under this Section 5 against
impairment.

    

    (g) No Fractional Shares;
Certificate as to Adjustments.

    

    (i) No
fractional shares shall be issued upon the conversion of any share or shares of
the Series A-1  Preferred Stock, and the aggregate number of shares of
Common Stock to be issued upon such conversion to particular stockholders shall
be rounded down to the nearest whole share.  The Corporation shall pay
in cash the fair market value of any fractional shares as of the time when
entitlement to receive such fractions is determined.  Whether or not
fractional shares would be issuable upon such conversion shall be determined on
the basis of the total number of shares of Series A-1 Preferred Stock the holder
is at the time converting into Common Stock and the number of shares of Common
Stock issuable upon such conversion.

     

    (ii) Upon the
occurrence of each adjustment or readjustment of the Conversion Ratio of Series
A-1 Preferred Stock pursuant to this Section 5, the Corporation, at its expense,
shall promptly compute such adjustment or readjustment in accordance with the
terms hereof and prepare and furnish to each holder of Series A-1 Preferred
Stock a certificate setting forth such adjustment or readjustment and showing in
detail the facts upon which such adjustment or readjustment is
based.  The Corporation shall, upon the written request at any time of
any holder of Series A-1  Preferred Stock, furnish or cause to be
furnished to such holder a like certificate setting forth (A) such adjustment or
readjustment, (B) the Conversion Ratio for such series of Series
A-1  Preferred Stock at the time in effect, and (C) the number of
shares of Common Stock and the amount, if any, of other property that on the
date of such certificate would be received upon the conversion of a share of
Series A-1  Preferred Stock.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (h) Notices of Record
Date.  In the event of any taking by the Corporation of a
record of the holders of any class of securities for the purpose of determining
the holders thereof who are entitled to receive any dividend (other than a cash
dividend) or other distribution, the Corporation shall mail to each holder of
Series A-1  Preferred Stock, at least ten (10) days prior to the date
specified therein, a notice specifying the date on which any such record is to
be taken for the purpose of such dividend or distribution, and the amount and
character of such dividend or distribution.

    

    (i) Reservation of Stock
Issuable Upon Conversion.  The Corporation shall at all times
reserve and keep available out of its authorized but unissued shares of Common
Stock, solely for the purpose of effecting the conversion of the shares of the
Series A-1 Preferred Stock, such number of its shares of Common Stock as shall
from time to time be sufficient to effect the conversion of all outstanding
shares of the Series A-1 Preferred Stock.

    

    (j) Notices.  Any
notice required by the provisions of this Section 5 to be given to the holders
of shares of Series A-1 Preferred Stock shall be deemed given if deposited in
the United States mail, postage prepaid, and addressed to each holder of record
at his or her address appearing on the books of the Corporation.

    

    6.           Voting
Rights.  Except as required by law or as set forth herein, the
holders of Series A-1 Preferred Stock shall have no voting rights.

    

    7.           Protective
Provisions.  The Corporation shall not (by amendment, merger,
consolidation or otherwise and either directly or through a subsidiary) without
first obtaining the approval (by vote or written consent, as provided by law) of
the holders of at least fifty-one percent (51%) of the then outstanding shares
of Series A-1 Preferred Stock:

    

    (a) alter or
change the rights, preferences or privileges of the shares of Series
A-1  Preferred Stock;

    

    (b) increase
or decrease (other than by conversion) the total number of authorized or issued
shares of Series A-1  Preferred Stock;

    

    

    (c) authorize
or issue, or obligate itself to issue, any equity security (including any other
security convertible into or exercisable for any such equity security) having a
preference over or on parity with the Series A-1  Preferred Stock with
respect to dividends or liquidation;

    

    (d) amend the
Corporation’s Certificate of Incorporation or Bylaws in a manner that is
detrimental to the rights of the holders of Series A-1  Preferred
Stock;

    

    (e) redeem,
purchase or otherwise acquire any shares of Common Stock or any series of
preferred stock other than the Series A-1  Preferred Stock, if
any;

    

    (f) declare,
make or pay any distribution or dividend with respect to the Common Stock or any
series of preferred stock other than the Series A-1  Preferred Stock,
if any; or

    

    (g) enter
into any agreement or commitment or otherwise become bound or obligated to do or
perform any of the foregoing actions.

    

    8.           Status of Converted
Stock.  Any shares of Series A-1 Preferred Stock that shall at
any time have been converted shall resume the status of authorized but unissued
shares of Preferred Stock, without designation as to series, until such shares
are once more designated as part of a particular series by the Board of
Directors.

    

     

    [Signatures
on Following Page]

     

    
       

      
         

        
          

        

      

      
         

      

    

    

     

    IN
WITNESS WHEREOF, Allion Healthcare, Inc. has caused this Certificate of
Designation of Series A-1 Preferred Stock to be signed by Michael P. Moran, its
Chief Executive Officer, this _______ day of _________________,
2008.

     

    

    ALLION
HEALTHCARE, INC.

    

    

    By:                                                                

    Michael P. Moran

    Chief Executive Officerefc8-0606_ex41.htm

    
 

    

    
      EXHIBIT
4.1

    

     

    
      Amendment
No. 1

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    

    
      

       

      AMENDMENT
NO. 1

       

      Dated as
of March 19, 2008

       

      to

       

      POOLING
AND SERVICING AGREEMENT

       

      Dated as
of November 1, 2006

       

      among

       

      CWALT,
INC.,

      Depositor

       

      COUNTRYWIDE
HOME LOANS, INC.,

      Seller

       

      PARK
GRANADA LLC,

      Seller

       

      PARK
MONACO INC.,

      Seller

       

      PARK
SIENNA LLC,

      Seller

       

      COUNTRYWIDE
HOME LOANS SERVICING LP,

      Master
Servicer

       

      and

       

      THE BANK
OF NEW YORK,

      Trustee

       

      ALTERNATIVE
LOAN TRUST 2006-OA19

       

      MORTGAGE
PASS-THROUGH CERTIFICATES, SERIES 2006-OA19

       

       

      ______________________________________

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      THIS
AMENDMENT NO. 1, dated as of March 19, 2008 (the “Amendment”),
to the Pooling and Servicing Agreement (as defined below), is among CWALT, INC.,
as depositor (the “Depositor”),
COUNTRYWIDE HOME LOANS, INC. (“Countrywide”),
as a seller (a “Seller”),
PARK GRANADA LLC (“Park
Granada”), as a seller (a “Seller”),
PARK MONACO INC. (“Park
Monaco”), as a seller (a “Seller”),
PARK SIENNA LLC (“Park
Sienna”), as a seller (a “Seller”),
COUNTRYWIDE HOME LOANS SERVICING LP, as master servicer (the “Master
Servicer”), and THE BANK OF NEW YORK, as trustee (the “Trustee”).

       

      W I T N E S S E T H

       

      WHEREAS,
the Depositor, Countrywide, as a Seller, Park Granada, as a Seller, Park Monaco,
as a Seller, Park Sienna, as a Seller, the Master Servicer, and
Trustee entered into a Pooling and Servicing Agreement, dated as of November 1,
2006 (the “Pooling and
Servicing Agreement”), providing for the issuance of the Alternative Loan
Trust 2006-OA19, Mortgage Pass-Through Certificates, Series
2006-OA19;

       

      WHEREAS,
the transaction evidenced by the Pooling and Servicing Agreement closed on
November 30, 2006 (the “Closing
Date”);

       

      WHEREAS,
the parties to the transaction intended that any Realized Losses otherwise
allocable to the Class A-4 Certificates would be allocated to the Class A-5
Certificates until its Class Certificate Balance is reduced to
zero;

       

      WHEREAS,
the Pooling and Servicing Agreement mistakenly provides in Section 4.04(a)(ii)
that any Realized Losses otherwise allocable to the Class A-5 Certificates would
be allocated to the Class A-4 Certificates until its Class Certificate Balance
is reduced to zero;

       

      WHEREAS,
Section 10.01 of the Pooling and Servicing Agreement provides that the Pooling
and Servicing Agreement may be amended by the parties thereto to cure any
mistake;

       

      WHEREAS,
the parties to the Pooling and Servicing Agreement wish to amend the Pooling and
Servicing Agreement to cure the mistake described in the fourth recital of this
Amendment;

       

      WHEREAS,
the Depositor and the Master Servicer have concluded that no consent of any
Class of Certificates is required for the adoption of the Amendment;
and

       

      WHEREAS,
the Depositor has delivered to the Trustee an Opinion of Counsel in accordance
with the provisions of the Pooling and Servicing Agreement;

       

      NOW,
THEREFORE, the parties hereto agree as follows:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    
      SECTION
1. Defined
terms.

       

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

       

      SECTION
2.  Amendment.

       

      As of the
Closing Date, the second bullet point in Section 4.04(a)(ii) of the Pooling and
Servicing Agreement is hereby amended by deleting the phrase “the Class A-5
Certificates shall be allocated to the Class A-4 Certificates until its Class
Certificate Balance is reduced to zero” and replacing it with the
following:

       

      
        	
                 
      

              	
                ·

              	
                the
      Class A-4 Certificates shall be allocated to the Class A-5 Certificates
      until its Class Certificate Balance is reduced to
  zero.

              

      

       

      SECTION
3.  Effect
Of Amendment.

       

      Upon
execution of this Amendment, the Pooling and Servicing Agreement shall be, and
be deemed to be, modified and amended in accordance herewith and the respective
rights, limitations, obligations, duties, liabilities and immunities of the
Depositor, the Sellers, the Master Servicer and the Trustee shall hereafter be
determined, exercised and enforced subject in all respects to such modifications
and amendments, and all the terms and conditions of this Amendment shall be and
be deemed to be part of the terms and conditions of the Pooling and Servicing
Agreement for any and all purposes.  Except as modified and expressly
amended by this Amendment, the Pooling and Servicing Agreement is in all
respects ratified and confirmed, and all the terms, provisions and conditions
thereof shall be and remain in full force and effect.

       

      SECTION
4.  Binding
Effect.

       

      The
provisions of this Amendment shall be binding upon and inure to the benefit of
the respective successors and assigns of the parties hereto, and all such
provisions shall inure to the benefit of the Trustee and the related
Certificateholders.

       

      SECTION
5.  Governing
Law.

       

      THIS
AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE SUBSTANTIVE
LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED
IN THE STATE OF NEW YORK AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HERETO AND THE CERTIFICATEHOLDERS SHALL BE DETERMINED IN ACCORDANCE WITH SUCH
LAWS.

       

      SECTION
6.  Severability of
Provisions.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

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

       

      SECTION
7.  Section
Headings.

       

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

       

      SECTION
8.  Counterparts.

       

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

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      IN
WITNESS WHEREOF, the Depositor, the Sellers, the Master Servicer and the Trustee
have caused this Amendment to be duly executed by their respective officers
thereunto duly authorized, all as of the day and year first above
written.

       

       

      
        
          	 	CWALT, INC., 

                  as
      Depositor

                	 
	 	 	 	 
	
                   

                	
                  By:
      

                	/s/ Darren
    Bigby 	 
	 	 	Name: 
      Darren Bigby 	 
	 	 	Title: 
      Executive Vice President 	 
	 	 	 	 

        

      

      
         

        
          
            	 	
                    
                      THE
      BANK OF NEW YORK, 

                        as
      Trustee

                      

                    

                  	 
	 	 	 	 
	
                     

                  	
                    By:
      

                  	/s/ Michael
      Cerchio 	 
	 	 	Name: 
      Michael Cerchio 	 
	 	 	Title: 
      Assistant Treasurer 	 
	 	 	 	 

          

        

        
           

          
            
              	 	
                      
                        COUNTRYWIDE
      HOME LOANS, INC., 

                          as
      a Seller

                        

                      

                    	 
	 	 	 	 
	
                       

                    	
                      By:
      

                    	/s/ Darren
    Bigby 	 
	 	 	Name: 
      Darren Bigby 	 
	 	 	Title: 
      Executive Vice President 	 
	 	 	 	 

            

          

          
             

            
              
                	 	PARK
      GRANADA LLC, 

                        
                          as
      a Seller

                        

                      	 
	 	 	 	 
	
                         

                      	
                        By:
      

                      	/s/ Darren
    Bigby 	 
	 	 	Name: 
      Darren Bigby 	 
	 	 	Title: 
      Executive Vice President 	 
	 	 	 	 

              

            

            
               

              
                
                  	 	
                          
                            PARK
      MONACO INC.,

                            as
      a Seller

                          

                        	 
	 	 	 	 
	
                           

                        	
                          By:
      

                        	/s/ Darren
    Bigby 	 
	 	 	Name: 
      Darren Bigby 	 
	 	 	Title: 
      Executive Vice President 	 
	 	 	 	 

                

              

               

            

          

        

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      
         

        
          
            	 	
                    PARK
      SIENNA LLC,

                    as
      a Seller

                  	 
	 	 	 	 
	
                     

                  	
                    By:
      

                  	/s/ Darren
    Bigby 	 
	 	 	Name:  Darren
      Bigby 	 
	 	 	Title:  
      Executive Vice President 	 
	 	 	 	 

          

        

        
           

          
            
              	 	
                      COUNTRYWIDE
      HOME LOANS SERVICING LP,

                      
                        as
      Master Servicer

                      

                    	 
	 	 	 	 
	 	By:	COUNTRYWIDE
      GP, INC.	 
	 	 	 	 
	
                       

                    	
                      By:
      

                    	/s/ Darren
    Bigby 	 
	 	 	Name:  Darren
      Bigby 	 
	 	 	Title:   
      Executive Vice President 	 
	 	 	 	 

            

          

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

           

          
            5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}]]