Document:

Exhibit 10.9

 

STOCK ESCROW AGREEMENT

 

STOCK ESCROW AGREEMENT, dated
as of [              ], 2022 (“Agreement”),
by and among Translational Development Acquisition Corp., a Cayman Islands company (“Company”), the shareholders
of the Company listed on Exhibit A hereto (collectively the “Founders”) and CONTINENTAL STOCK TRANSFER &
TRUST COMPANY, a New York corporation (“Escrow Agent”).

 

WHEREAS, the Company was formed
for the purpose of completing a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar
business combination (a “Business Combination”) with one or more businesses or entities.

 

WHEREAS, the Company has entered
into an Underwriting Agreement, dated [          ], 2022 (“Underwriting
Agreement”), with ThinkEquity LLC (the “Representative”) acting as representative of the several
underwriters (collectively, the “Underwriters”), pursuant to which, among other matters, the Underwriters have
agreed to purchase 15,000,000 units (“Units”) of the Company, plus an additional 2,250,000 Units if the Representative
exercises the over-allotment option in full. Each Unit consists of one ordinary share of the Company, par value $0.0001 (“Ordinary
Shares”), and one-half of one redeemable warrant, each warrant to purchase one Ordinary Share, all as more fully described
in the Company’s final Prospectus, dated [         ], 2022 (“Prospectus”)
comprising part of the Company’s Registration Statement on Form S-1 (File No. 333-[          ])
under the Securities Act of 1933, as amended (“Registration Statement”), declared effective on [          ],
2022 (“Effective Date”).

 

WHEREAS, the Founders have agreed
as a condition of the sale of the Units to deposit their Ordinary Shares of the Company, as set forth opposite their respective names
in Exhibit A attached hereto, in escrow as hereinafter provided.

 

WHEREAS, the Company and the
Founders desire that the Escrow Agent accept the Ordinary Shares, in escrow, to be held and disbursed as hereinafter provided.

 

IT IS AGREED:

 

1. Appointment of
Escrow Agent. The Company and the Founders hereby appoint the Escrow Agent to act in accordance with and subject to the terms of this
Agreement and the Escrow Agent hereby accepts such appointment and agrees to act in accordance with and subject to such terms.

 

2. Deposit of Shares.
On or before the Effective Date, each of the Founders shall have delivered to the Escrow Agent certificates (and applicable stock powers
if requested by the Escrow Agent) representing such Founder’s respective Ordinary Shares, to be held and disbursed subject to the
terms and conditions of this Agreement. Each Founder acknowledges that the certificate representing such Founder’s Ordinary Shares
is legended to reflect the deposit of such shares under this Agreement.

 

3. Disbursement of
the Escrow Shares.

 

3.1 If the over-allotment
option to purchase all or a portion of the additional 2,250,000 Units of the Company is not exercised in full within 45 days of the date
of the Prospectus (as described in the Underwriting Agreement), the Founders agree that the Escrow Agent shall return to the Company for
cancellation, at no cost, the number of Ordinary Shares held by each such Founder determined by multiplying (a) the product of (i) [          ],
multiplied by (ii) a fraction, (x) the numerator of which is the number of Ordinary Shares held by each such Founder, and (y) the
denominator of which is the number of all Founders’ Ordinary Shares deposited hereunder, by (b) a fraction, (i) the numerator
of which is 2,250,000 minus the number of Ordinary Shares included in the Units purchased by the Underwriters upon the exercise of the
over-allotment option, and (ii) the denominator of which is 2,250,000. The Company shall promptly provide notice to the Escrow Agent
of the expiration or termination of the over-allotment option and the number of Units, if any, purchased by the Underwriters in connection
with the exercise thereof.

 

     

     

    

 

3.2 Except as otherwise
set forth herein, the Escrow Agent shall hold the shares remaining after any cancellation required pursuant to Section 3.1 above
(such remaining shares to be referred to herein as the “Escrow Shares”) until 12 months after the date of the
consummation of an initial Business Combination (such period of time during which the Escrow Shares are held in escrow, the “Escrow
Period”). The Company shall promptly provide notice of the consummation of an initial Business Combination to the Escrow
Agent. Upon completion of the Escrow Period, the Escrow Agent shall disburse such amount of each Founder’s Escrow Shares to such
Founder; provided, however, that if, within the Escrow Period, the Company (or the surviving entity) consummates a liquidation, merger,
stock exchange or other similar transaction which results in all of the shareholders of such entity having the right to exchange their
shares of Common Stock for cash, securities or other property, then the Escrow Agent will, upon receipt of a notice executed by the Chief
Executive Officer or other authorized officer of the Company, in form reasonably acceptable to the Escrow Agent, certifying that such
transaction is then being consummated or such conditions have been achieved, as applicable, release the Escrow Shares to the Founders.
The Escrow Agent shall have no further duties hereunder after the disbursement of the Escrow Shares in accordance with this Section 3.2.

 

3.3 If the Escrow Agent
is notified by the Company pursuant to Section 6.7 hereof that the Company is being liquidated, then the Escrow Agent shall deliver
the certificates representing the Escrow Shares to the Founders promptly after the public shareholders are paid the liquidating distributions
and shall have no further duties hereunder.

 

4. Rights of Founders
in Escrow Shares.

 

4.1 Voting Rights as
a Stockholder. Subject to the terms of the Insider Letters described in Section 4.4 hereof and except as herein provided, the
Founders shall retain all of their rights as shareholders of the Company as long as any shares are held in escrow pursuant to this Agreement,
including, without limitation, the right to vote such shares.

 

4.2 Dividends and Other
Distributions in Respect of the Escrow Shares. For as long as any shares are held in escrow pursuant to this Agreement, all dividends
payable in cash with respect to the Escrow Shares shall be paid to the Founders, but all dividends payable in stock or other non-cash
property (“Non-Cash Dividends”) shall be delivered to the Escrow Agent to hold in accordance with the terms
hereof. As used herein, the term “Escrow Shares” shall be deemed to include the Non-Cash Dividends distributed
thereon, if any.

 

4.3 Restrictions on
Transfer. During the Escrow Period, the only permitted transfers of the Escrow Shares will be (i) to the Founders and the Company’s
officers, directors, employees, consultants or their affiliates, (ii) to a Founder’s shareholders, partners or members upon
the Founder’s liquidation, (iii) by bona fide gift to a member of the Founder’s immediate family or to a trust, the beneficiary
of which is the Founder or a member of the Founder’s immediate family for estate planning purposes, (iv) by virtue of the laws
of descent and distribution upon death of the Founder, (v) pursuant to a qualified domestic relations order binding on the Founder,
(vi) to the Company for no value for cancellation in connection with the consummation of a Business Combination or (vii) by
private sales of the Escrow Shares made in connection with the consummation of a Business Combination at prices no greater than the price
at which the Escrow Shares were originally purchased; provided, however, that except for clause (vi) or with the Company’s
prior written consent, such permitted transfers may be implemented only upon the respective transferee’s written agreement to be
bound by the terms and conditions of this Agreement and of the Insider Letter signed by the Founder transferring the shares.

 

4.4 Insider Letters.
Each of the Founders has executed a letter agreement with the Company and the Representative, dated as of the date hereto, the form of
which is filed as an exhibit to the Registration Statement (“Insider Letter”), respecting the rights and obligations
of such Founder in certain events, including, but not limited to, the liquidation of the Company.

 

     

     

    

 

5. Concerning the
Escrow Agent.

 

5.1 Good Faith Reliance.
The Escrow Agent shall not be liable for any action taken or omitted by it in good faith and in the exercise of its own best judgment,
and may rely conclusively and shall be protected in acting upon any order, notice, demand, certificate, opinion or advice of counsel (including
counsel chosen by the Escrow Agent), statement, instrument, report or other paper or document (not only as to its due execution and the
validity and effectiveness of its provisions, but also as to the truth and acceptability of any information therein contained) which is
believed by the Escrow Agent in good faith to be genuine and to be signed or presented by the proper person or persons. The Escrow Agent
shall not be bound by any notice or demand, or any waiver, modification, termination or rescission of this Agreement unless evidenced
by a writing delivered to the Escrow Agent signed by the proper party or parties and, if the duties or rights of the Escrow Agent are
affected, unless it shall have given its prior written consent thereto.

 

5.2 Indemnification.
Subject to Section 5.8 below, the Escrow Agent shall be indemnified and held harmless by the Company from and against any expenses,
including reasonable counsel fees and disbursements, or loss suffered by the Escrow Agent in connection with any action, suit or other
proceeding involving any claim which in any way, directly or indirectly, arises out of or relates to this Agreement, the services of the
Escrow Agent hereunder, or the Escrow Shares held by it hereunder, other than expenses or losses arising from the gross negligence, fraud
or willful misconduct of the Escrow Agent. Promptly after the receipt by the Escrow Agent of notice of any demand or claim or the commencement
of any action, suit or proceeding, the Escrow Agent shall notify the other parties hereto in writing. In the event of the receipt of such
notice, the Escrow Agent, in its sole discretion, may commence an action in the nature of interpleader in an appropriate court to determine
ownership or disposition of the Escrow Shares or it may deposit the Escrow Shares with the clerk of any appropriate court or it may retain
the Escrow Shares pending receipt of a final, non-appealable order of a court having jurisdiction over all of the parties hereto directing
to whom and under what circumstances the Escrow Shares are to be disbursed and delivered. The provisions of this Section 5.2 shall
survive in the event the Escrow Agent resigns or is discharged pursuant to Sections 5.5 or 5.6 below.

 

5.3 Compensation.
Subject to Section 5.8 below, the Escrow Agent shall be entitled to reasonable compensation from the Company for all services rendered
by it hereunder. The Escrow Agent shall also be entitled to reimbursement from the Company for all reasonable expenses paid or incurred
by it in the administration of its duties hereunder including, but not limited to, all counsel, advisors’ and agents’ fees
and disbursements and all taxes or other governmental charges.

 

5.4 Further Assurances.
From time to time on and after the date hereof, the Company and the Founders shall deliver or cause to be delivered to the Escrow Agent
such further documents and instruments and shall do or cause to be done such further acts as the Escrow Agent shall reasonably request
to carry out more effectively the provisions and purposes of this Agreement, to evidence compliance herewith or to assure itself that
it is protected in acting hereunder.

 

5.5 Resignation.
The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties hereto
written notice and such resignation shall become effective as hereinafter provided. Such resignation shall become effective at such time
that the Escrow Agent shall turn the Escrow Shares over to a successor escrow agent appointed by the Company and approved by the Representative,
which approval will not be unreasonably withheld, conditioned or delayed. If no new escrow agent is so appointed within the 60-day period
following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Shares with any court it reasonably deems
appropriate in the State of New York.

 

5.6 Discharge of Escrow
Agent. The Escrow Agent shall resign and be discharged from its duties as escrow agent hereunder if so requested in writing at any
time by all of the other parties hereto; provided, however, that such resignation shall become effective only upon the appointment of
a successor escrow agent selected by the Company and approved by the Representative, which approval will not be unreasonably withheld,
conditioned or delayed.

 

5.7 Liability. Notwithstanding
anything herein to the contrary, the Escrow Agent shall not be relieved from liability hereunder for its own gross negligence, fraud or
willful misconduct.

 

5.8 Waiver. The
Escrow Agent hereby waives any right of set-off or any other right, title, interest or claim of any kind (“Claim”)
in, or to any distribution of, the Trust Account (as defined in that certain Investment Management Trust Agreement, dated as of the date
hereof, by and between the Company and the Escrow Agent as trustee thereunder) and hereby agrees not to seek recourse, reimbursement,
payment or satisfaction for any Claim against the Trust Account for any reason whatsoever.

 

     

     

    

 

6. Miscellaneous.

 

6.1 Governing Law.
This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of New York, without giving effect
to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. The parties hereto
consent to the jurisdiction and venue of any state or federal court located in the City of New York, Borough of Manhattan, for purposes
of resolving any disputes hereunder. As to any claim, cross-claim, or counterclaim in any way relating to this Agreement, each party waives
the right to trial by jury. Each of the Founders with an address on Exhibit A outside of the State of New York irrevocably agrees
to appoint [                        
] as agent for the service of process in the State of New York to receive, for such Founder and on his, her or its behalf, service of
process in any action, proceeding or claim against him, her, or it arising out of or relating in any way to this Agreement.

 

6.2 Third Party Beneficiaries.
Each of the parties to this Agreement hereby acknowledges that the Representative is a third party beneficiary of this Agreement.

 

6.3 Entire Agreement.
This Agreement contains the entire agreement of the parties hereto with respect to the subject matter hereof and, except as expressly
provided herein, may only be changed, amended, or modified by a writing signed by each of the parties hereto.

 

6.4 Headings. The
headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation thereof.

 

6.5 Binding Effect.
This Agreement shall be binding upon and inure to the benefit of the respective parties hereto and their legal representatives, successors
and assigns.

 

6.6 Notices. Any
notice, consent or request to be given in connection with any of the terms or provisions of this Agreement shall be in writing and shall
be sent by express mail or similar private courier service, by certified mail (return receipt requested), by hand delivery, by email or
by facsimile transmission:

 

If to the Company, to:

 

Translational Development Acquisition Corp.

c/o 1270 Avenue of Americas, 24th Floor

New York, New York 10020

Attn:

Fax No.:

Email:

 

If to a Founder, to his/it address set forth in Exhibit A.

 

and if to the Escrow Agent, to:

 

Continental Stock Transfer & Trust Company

1 State Street

New York, New York 10004

Attn:

Fax No.:

Email:

 

     

     

    

 

A copy of any notice sent hereunder shall be sent
to:

 

ThinkEquity LLC

17 State Street, 41st Floor

New York, NY 10004

Attn:

Fax No.:

Email:

 

with a copy to:

 

Loeb & Loeb LLP

[Address]

Attn:

Fax No.:

Email:

 

The parties may change the persons
and addresses to which the notices or other communications are to be sent by giving written notice to any such change in the manner provided
herein for giving notice.

 

6.7 Liquidation of the
Company. The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event
that the Company fails to consummate a Business Combination within the time period specified in the Company’s Amended and Restated
Memorandum and Articles of Association, as the same may be amended from time to time.

 

6.8 Counterparts.
This Agreement may be executed in several counterparts, each one of which shall constitute an original and may be delivered by facsimile
transmission and together shall constitute one instrument.

 

[Signature Page Follows]

 

     

     

    

 

WITNESS the execution of this
Agreement as of the date first above written.

 

	 	 	TRANSLATIONAL DEVELOPMENT ACQUISITION CORP.
	 	 	 
	 	By:	 
	 	 	 
	 	 	 
	 	 	FOUNDERS:
	 	 	 
	 	 	 
	 	 	[                  ]
	 	 	 
	 	 	 
	 	 	[                  ]
	 	 	 
	 	 	 
	 	 	[                  ]
	 	 	 
	 	 	CONTINENTAL STOCK TRANSFER & TRUST COMPANY
	 	 	 
	 	 	By:	                           
	 	 	Name:
	 	 	Title:

 

     

     

    

 

EXHIBIT A

 

	Name and Address of Founder	 	Number

of Shares	 	Stock

Certificate NumberDocument

EXHIBIT 10.1

[*] Certain information in this document has been omitted from this exhibit because it is both (i) not material and (ii) is the type that the registrant treats as private or confidential.

OMNIBUS AMENDMENT AND SUPPLEMENTAL AGREEMENT

This    OMNIBUS    AMENDMENT    AND    SUPPLEMENTAL    AGREEMENT    (this
“Amendment”) is made as of August 23, 2022, by and between BARCLAYS BANK PLC (“Buyer”) and PEACHTREE MORTGAGE SPV, LLC (“Seller”) and ANGEL OAK MORTGAGE, INC
(“Guarantor”).

WHEREAS, Buyer and Seller are party to that certain Master Repurchase Agreement, dated as of September 20, 2021 (together with all Annexes attached thereto and as amended, restated, supplemented or otherwise modified and in effect from time to time, the “Master Repurchase Agreement”);

WHEREAS, Buyer and Seller are party to that certain Fee Letter, dated as of September 20, 2021 (as amended, restated, supplemented or otherwise modified and in effect from time to time, the “Fee Letter”);

WHEREAS as Guarantor has provided a Guaranty (as amended, restated, supplemented or otherwise modified and in effect from time to time, the “Guaranty”), dated as of September 20, 2021, to Buyer with respect to the obligations of the Seller to the Buyer under the Mater Repurchase Agreement, the Fee Letter and the other Program Documents;

WHEREAS, Buyer and Seller have agreed to amend the Master Repurchase Agreement and the Fee Letter as more particularly set forth herein;

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is mutually covenanted and agreed, as follows:

1.Defined Terms. All capitalized terms not otherwise defined herein shall have the respective meanings assigned thereto in the Master Repurchase Agreement.

2.Amendments to Master Repurchase Agreement. Buyer and Seller hereby agree, effective as of the date set forth above, to the following amendments to the Mater Repurchase Agreement:

a.A new defined term “Amendment Effective Date” shall be added in Annex I.A. to the Master Repurchase Agreement as follows:

“August 23, 2022.”

b.The definition of “Facility Termination Date” in Annex I.A. to the Master Repurchase Agreement shall be amended and restated in its entirety as follows:

“Facility Termination Date”: September 30, 2022.”

c.A new defined term “Seller Additional Margin Amount” shall be added in Annex
I.A. to the Master Repurchase Agreement as follows:

“Seller Additional Margin Amount”: [*], as the same may be reduced in accordance with Section 5(d) of Annex I.A.

d.Section 5 of Annex I.A. to the Master Repurchase Agreement shall be amended by adding a new clause (d) at the end thereof:

“(d) Notwithstanding anything to the contrary in Paragraph 4 of the Agreement and this Section 5 of this Annex, on the Amendment Effective Date, Seller shall post to Buyer an amount equal to the Seller Additional Margin Amount. Buyer shall hold the Seller Additional Margin Amount in accordance with the terms of the Agreement.

If, after the Amendment Effective Date, any of the Underlying Assets are either repurchased by Seller or transferred to another financing arrangement on substantially similar terms and a portion of the Repurchase Price is paid in connection with such transfer, the Seller Additional Margin Amount shall be reduced in an amount equal to
$[*]  minus the product of (i) 5% and (ii) the then outstanding Purchase Price after such transfer, but solely to the extent that no Margin Deficit has occurred and is continuing, or would occur after giving effect to such return.”

e.Section 6 of Annex I.A. to the Master Repurchase Agreement shall be amended and restated in its entirety as follows:

“From and after the Amendment Effective Date, Buyer and Seller shall not enter into any new Transactions pursuant to the terms of this Annex. This Annex shall terminate on the Facility Termination Date; provided that the parties thereto shall have discharged their obligations hereunder by the Facility Termination Date.”

3.Amendments to Fee Letter. Buyer and Seller hereby agree, effective as of the date set forth above, to the following amendments to the Fee Letter:

f.The definition of “Loan Level Advance Rate” is amended and restated as follows:

“Loan Level Advance Rate”: With respect to all Eligible Underlying Assets, the percentage equivalent of a fraction that is equal to (i) the Borrowing Base as of the Amendment Effective Date less the Seller Additional Margin Amount, divided by (ii) the aggregate Fair Market Value of all Underlying Assets as of the Amendment Effective Date.”

4.Agreement Regarding Amounts in the Trust Account. Seller and Guarantor covenant and agree that from and after the Amendment Effective Date, neither Guarantor nor Seller nor any Affiliate of Seller shall direct the application of, any funds on deposit in the Trust Account until all amounts owed to Buyer under the Master Repurchase Agreement have been paid in full and Buyer has no further obligations under any of the Program Documents. On or about the Amendment Effective Date, Buyer and Seller shall provide the direction attached as Exhibit A to the Trustee

5.Fees and Expenses. Guarantor and Seller agree to pay to Buyer all reasonable and documented fees and out-of-pocket expenses incurred by Buyer in connection with this Amendment, including all reasonable and documented fees and out-of-pocket costs and expenses of the legal counsel to Buyer incurred in connection with this Amendment.

6.Conditions to Effectiveness of this Amendment. The effectiveness of this Amendment is subject to the following:
g.This Amendment, duly executed and delivered by Seller, Guarantor and Buyer.

h.Seller shall have paid to Buyer the Seller Additional Margin Amount.

i.Seller and Guarantor shall have paid all fees and expenses in connection with this Amendment and all fees and expenses between the Buyer, on the one hand, and the Administrator and its Affiliates and managed funds and accounts, on the other hand.

j.Confirmation that no Event of Default has occurred and is continuing.

7.Limited Effect. Except as amended hereby, the Master Repurchase Agreement, the Fee Letter and the Guaranty shall continue in full force and effect in accordance with its respective terms.

8.Representations and Covenants of Seller and Guarantor. In order to induce Buyer to execute and deliver this Amendment, Seller and Guarantor hereby represent to Buyer that as of the date hereof,
(i) Seller and Guarantor are otherwise in full compliance with all of the terms and conditions of the Program Documents and remain bound by the terms thereof, and (ii) other than as previously disclosed in writing to Buyer, no Default or Event of Default has occurred and is continuing under the Program Documents (in each case disregarding the Potential Event of Default, for the avoidance of doubt).

9.Continuing Effect; Reaffirmation of Guaranty. As amended by this Amendment, all terms, covenants and provisions of the Master Repurchase Agreement and the other Program Documents are ratified and confirmed and shall remain in full force and effect. In addition, any and all guaranties and indemnities for the benefit of Buyer (including, without limitation, the Guaranty) are hereby ratified and confirmed and shall not be released, diminished, impaired, reduced or adversely affected by this Amendment, and each party indemnifying Buyer, and each party subordinating any right or lien to the rights and liens of Buyer, hereby consents, acknowledges and agrees to the modifications set forth in this Amendment and waives any common law, equitable, statutory or other rights which such party might otherwise have as a result of or in connection with this Amendment. This Amendment shall be deemed a “Program Document” for all purposes under the Master Repurchase Agreement.

10.Governing Law. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED IN SUCH STATE (WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES), AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.
11.Counterparts. This Amendment may be executed simultaneously in any number of counterparts, each of which shall be deemed to be an original, and all such counterparts shall constitute but one and the same instrument. Delivery of an executed counterpart of a signature page of this Amendment by telecopy, e-mail, .pdf or any other electronic means (e.g. “pdf”, Docusign or “tif”) shall be as effective as delivery of a manually executed original counterpart of this Amendment. The words “delivery,” “execute,” “execution,” “signed,” “signature,” and words of like import in any document executed in connection herewith shall be deemed to include electronic signatures, the electronic matching of assignment terms and contract formations on electronic platforms, or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act; provided, that, notwithstanding anything contained herein to the contrary, the parties hereto are under no obligation to agree to accept electronic signatures in any form or in any format unless expressly agreed to by the parties hereto pursuant to procedures approved by the parties hereto; provided, further, that, without limiting the foregoing, upon the request of either party hereto, any electronic signature shall be promptly followed by such manually executed counterpart.

IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed by their respective officers, thereunto duly authorized, as of the date first above written.

BARCLAYS BANK PLC, as Buyer

By: /s/ Grace Park
Name: Grace Park
Title: Managing Director

PEACHTREE MORTGAGE SPV, LLC

By: /s/ Brandon Filson
Name: Brandon Filson
Title: Chief Financial Officer

ANGEL OAK MORTGAGE, INC., as
Guarantor

By: /s/ Brandon Filson
Name: Brandon Filson
Title: Chief Financial Officer

EXHIBIT A

BARCLAYS BANK PLC
745 Seventh Ave.
New York, NY 10019

VIA ELECTRONIC MAIL

PEACHTREE MORTGAGE TRUST
U.S. BANK TRUST NATIONAL ASSOCIATION
1011 Centre Road, Suite203,
Wilmington, Delaware 19805, Attention: Corporate Trust Administration with a copy to U.S. Bank Trust National Association
60 Livingston Avenue, Mailcode: EP-MN-WS3D, St. Paul, MN
55107, Attention: Global Structured Finance- PEACHTREE MORTGAGE TRUST

Re:    PEACHTREE MORTGAGE TRUST (the “Trust”).

Reference is made to the Trust Agreement, dated as of September 17, 2021, by and among Peachtree Mortgage Trust, U.S. Bank Trust National Association, as Trustee of the Trust, Peachtree Mortgage SPV, LLC, as the Depositor, and Angel Oak Capital Advisors, LLC, as Administrator of the Trust (the “Trust Agreement”). All capitalized terms used and not otherwise defined herein shall have the meanings used in the Trust Agreement.

Barclays Bank, PLC (“BBPLC”), pursuant to that certain Master Repurchase Agreement, dated as of September 21, 2021, between BBPLC and Peachtree Mortgage SPV, LLC (the “Repurchase Agreement”), purchased the Certificate of the Trust. In accordance with Section
3.05 of the Trust Agreement, please be advised that the Trustee shall only act, or refrain from acting, in accordance with the express written instructions of BBPLC and shall no longer take any instruction or direction from Angel Oak Capital Advisors, LLC with respect to the amounts on deposit in the Trust Account.

BBPLC expressly reserves its rights to exercise, without further notice, any and all of such rights, remedies, powers or privileges under the Trust Agreement with respect to the Trust Property and any related agreements and at law or in equity, at any time as BBPLC chooses.

Please acknowledge receipt of this notice and instruction by countersigning the acknowledgement below. No party may amend or modify this instruction absent the prior written consent of Barclays.

This notice may be executed in any number of counterparts, and by the different parties hereto on the same or separate counterparts, each of which shall be deemed to be an original instrument but all of which together shall constitute one and the same notice.  Delivery of an

executed counterpart of a signature page by facsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart of this Notice.

THIS NOTICE (INCLUDING, BUT NOT LIMITED TO, THE VALIDITY AND ENFORCEABILITY HEREOF) AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO OR IN CONNECTION WITH THIS NOTICE, THE RELATIONSHIP OF THE PARTIES, AND/OR THE INTERPRETATION AND ENFORCEMENT OF THE RIGHTS AND DUTIES OF THE PARTIES WILL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO ANY CONFLICTS OF LAW PRINCIPLES OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW.

[SIGNATURE PAGE FOLLOWS]

2

Very truly yours,

BARCLAYS BANK PLC,
as Buyer

By:
Name:
Title:

ACKNOWLEDGED AND ACCEPTED:

PEACHTREE MORTGAGE SPV, LLC, as Depositor

By:     
Name:
Title:

Angel Oak Capital Advisors, LLC, as Administrator

By:
Name:
Title:

U.S. BANK TRUST NATIONAL ASSOCIATION

By:
Name:
Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}]]