Document:

Second Amendment to Finance Agreement, dated August 24, 2005, between Coastal
      Credit LLC and Wells Fargo Financial Preferred Capital, Inc. (including the
      Replacement Note and the Guaranty)

    Exhibit
      4.1

     

    

      SECOND
        AMENDMENT TO FINANCE AGREEMENT

      

       

      This
        Second Amendment to Finance Agreement (“Amendment”) is dated as of August 24,
        2005, by and between COASTAL CREDIT, L.L.C., a Virginia limited liability
        company with its principal office located at 3852 Virginia Beach Boulevard,
        Virginia Beach, Virginia 23452 (the “Borrower”) and WELLS FARGO FINANCIAL
        PREFERRED CAPITAL, INC., an Iowa corporation with its principal office located
        at 800 Walnut Street, Des Moines, Iowa 50309 (“WFFPC”).

       

      BACKGROUND

      

       

      A. On
        April
        16, 2001, Borrower and WFFPC entered into a certain Amended Finance Agreement
        (as amended or modified from time to time, the “Finance Agreement”) and related
        agreements, instruments and documents among Borrower and WFFPC (collectively,
        with the Finance Agreement referred to as the “Credit Documents”).

       

      B. Capitalized
        terms used but not defined in this Amendment shall have the meanings
        respectively ascribed to them in the Finance Agreement.

       

      C. Borrower
        and WFFPC desire to amend the Finance Agreement as provided herein.

       

      NOW,
        THEREFORE, the parties hereto, intending to be legally bound, hereby promise
        and
        agree as follows.

       

      

      AMENDMENTS

      

      1. CERTAIN
        DEFINITIONS.
        Section
        1.1 of the Finance Agreement is amended by deleting the prior definitions
        of
“Commitment,”“Credit Documents,”“Eligible Receivables” and “Termination Date”
        and by inserting the following in their respective alphabetical
        positions:

       

      “Commitment”
        means
        the maximum principal amount which WFFPC has agreed may be loaned to the
        Borrower pursuant to Article 2 hereof, being, on the date hereof,
        $80,000,000.00. Effective July 20, 2006, and provided that Borrower is not
        then
        in default under terms of this Agreement, the Commitment shall increase to
        $100,000,000.00.

       

      “Credit
        Documents”
        means
        this Agreement, the Note, the Guaranty, the Subordination Agreements, the
        Custodian Agreement and any and all additional documents, instruments,
        agreements and other writings executed and delivered pursuant to or in
        connection with this Agreement.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      “Eligible
        Receivables”
        means,
        as of the date of determination, Receivables (net of unearned interest and
        unearned discount or insurance premiums and commissions thereon) which are
        Chattel Paper, which conform to the warranties set forth in Section 4.1 hereof,
        in which WFFPC has a validly perfected first priority Lien, and which are
        not
        any of the following: (i) Receivables for which a payment is 90 or more days
        past due on a contractual basis; (ii) Receivables which have been deferred
        more
        than two times during the same calendar year, or more than six times over
        the
        contract term; (iii) Receivables subject to foreclosure, repossession or
        bankruptcy proceedings or the account debtor with respect to which is a debtor
        under the Bankruptcy Code; (iv) Receivables from officers, employees or
        shareholders of the Borrower or any Affiliate; (v) Interest Only Accounts;
        (vi)
        Receivables missing titles after 120 days from their origination date; and
        (vii)
        Receivables which, in WFFPC’s reasonable discretion, do not constitute
        acceptable collateral.

       

      “Guarantor”
        means
        White River Capital, Inc., an Indiana corporation.

       

      “Guaranty”
        means
        the Unconditional Guaranty Agreement substantially in the form attached hereto
        as Exhibit “J,” as the same may be amended, modified, restated or extended from
        time to time.

       

      “Stated
        Maturity Date”
        means
        December 31, 2009, as such date may be extended from time to time in accordance
        with the provisions of Section 2.4 of this Agreement.

       

      “Termination
        Date”
        means
        the earlier of (a) the Stated Maturity Date; or (b) the date on which the
        Commitment is terminated and the Loan becomes due and payable pursuant to
        Section 9.1 of this Agreement.

       

      2. The
        Note.
        Section
        2.2 of the Finance Agreement is amended by deleting Section 2.2 in its entirety
        and by replacing it with the following:

       

      The
        Note.
        The
        indebtedness of the Borrower to WFFPC hereunder shall be evidenced by a Note
        executed by the Borrower in favor of WFFPC, which shall be substantially
        in the
        form of Exhibit “D” of this Agreement, dated the same date as this Agreement.
        Said Note shall be executed and delivered in substitution for and replacement
        of, but not in payment or satisfaction of, the Borrower's Secured Promissory
        Note, dated as of March 22, 2004, payable to the order of the Lender, in
        the
        stated principal amount of $80,000,000. The principal amount of the Note
        will be
        $100,000,000.00; provided, however, that notwithstanding the face amount
        of the
        Note, Borrower’s liability under the Note shall be limited at all times to its
        actual

       

      
        
          
          

        

        
          -
            2
            -

          
            

          

        

        
          
          

        

      

      indebtedness
        (principal, interest and fees) then outstanding and owing to WFFPC
        hereunder.

       

      3. Extension
        and Adjustment of Termination Date.
        Section
        2.4 of the Finance Agreement is amended by deleting prior Section 2.4 in
        its
        entirety and replacing it with the following:

       

      Extension
        and Adjustment of Stated Maturity Date.
        Upon
        the mutual agreement of all parties to this agreement, the Stated Maturity
        Date
        may be extended. Any extension to the Stated Maturity Date shall be in writing
        and executed by the authorized representatives of each party.

       

      4. Interest.
        Section
        2.6 of the Finance Agreement is amended by deleting prior subparagraph 2.6(a)
        in
        its entirety and replacing it with the following:

       

      (a) In
        the
        absence of an Event of Default or Default hereunder, and prior to maturity,
        the
        outstanding balance of the Loan will bear interest at an annual rate determined
        in accordance with the following formula:

       

      (i) Interest
        shall accrue at the Base Rate plus 2.85% during any calendar quarter immediately
        following the end of a quarter in which the Borrower’s Senior Debt to Capital
        Base Ratio is less than 2.5. 

       

      (ii) Interest
        shall accrue at the Base Rate plus 3.10% during any calendar quarter immediately
        following the end of a quarter in which the Borrower’s Senior Debt to Capital
        Base Ratio equals or exceeds 2.5 but is 3.25 or less.

       

      (iii) Interest
        shall accrue at the Base Rate plus 3.35% during any calendar quarter immediately
        following the end of a quarter in which the Borrower’s Senior Debt to Capital
        Base Ratio exceeds 3.25.

       

      Interest
        shall be payable monthly in arrears on the first day of each month commencing
        on
        the first such date after the first Advance under the Loan and continuing
        until
        the Commitment is terminated and Borrower’s indebtedness thereunder is paid in
        full. Interest as provided hereunder will be calculated on the basis of a
        360
        day year and the actual number of days elapsed.

       

      The
        rate
        of interest provided for hereunder is subject to increase or decrease when
        and
        as the Base Rate increases or decreases in an amount corresponding to the
        change
        in the Base Rate. Any such change in interest rate hereunder shall take effect
        the first day of the month following a change in the Base Rate.

       

      
        
          
          

        

        
          -
            3
            -

          
            

          

        

        
          
          

        

      

      5. Prepayment.
        Section
        2.8 of the Finance Agreement is amended by deleting subparagraph (a) and
        by
        replacing it with the following:

       

      (a) Optional
        Prepayments. Borrower may prepay the Loan from time to time, in full or in
        part
        not to exceed $100,000 without notice, and, in part, in excess of $100,000
        upon
        7 Business Day’s prior notice to WFFPC without premium or penalty, provided that
        (i) in the event Borrower repays the Loan in full prior to the Stated Maturity
        Date, the Borrower shall pay a sum equal to 1% of the Commitment as a prepayment
        penalty; (ii) prepayments shall be in a minimum amount of $10,000 and $10,000
        increments in excess thereof; and (iii) partial prepayments prior to the
        Termination Date shall not reduce WFFPC’s Commitment under this Agreement and
        may be reborrowed, subject to the terms and conditions hereof for borrowing,
        and
        partial prepayments will be applied first to accrued interest and fees and
        then
        to outstanding Advances.

       

      6. Restricted
        Payments.
        Section
        7.2 of the Finance Agreement is amended by deleting that Section in its entirety
        and by replacing it with the following:

       

      Restricted
        Payments.
        Make
        any Restricted Payment, except that the Borrower may (a) make distributions
        to
        its members in amounts equal to the state and federal income taxes owed by
        such
        member in respect of taxable income of the Borrower; (b) make payments of
        principal and interest on Subordinated Debt, provided immediately prior to
        and
        after giving effect to any distribution or payment no Default or Event of
        Default shall exist; and (c) make distributions to its members provided that
        the
        aggregate amount of all distributions made pursuant to subparagraphs (a)
        and (c)
        of this Section 7.2 do not exceed 50% of Borrower’s net income for the year in
        which the distributions are made as determined in accordance with GAAP by
        the
        Borrower’s year-end audited financial statement for such year, and provided
        further that immediately prior to and after giving effect to any such
        distribution or payment no Default or Event Default shall exist.

       

      No
        violation of subparagraph (c) of this Section 7.2 shall be deemed to have
        occurred unless, at the time Borrower’s audited financial statements are
        completed for a fiscal year, it is determined that total distributions under
        subparagraphs (a) and (c) made during such year exceeded 50% of Borrower’s net
        income for such year, as reflected in such audited financial
        statements.

       

      7. Change
        in Ownership or Control.
        Subparagraph 8.7 (d) of the Finance Agreement is amended by adding the following
        sentence to the end of that Subparagraph:

       

      
        
          
          

        

        
          -
            4
            -

          
            

          

        

        
          
          

        

      

      It
        shall
        be deemed a violation of this Subparagraph if and when William McKnight ceases
        to act as the President and Chief Executive Officer of the Borrower without
        the
        prior written consent of WFFPC.

       

      8. Credit
        Documents.
        Section
        8.9 of the Finance Agreement is amended by deleting that Section in its entirety
        and by replacing it with the following:

       

      Credit
        Documents.
        An
        event of default (however defined) shall occur under any Credit Document
        or
        under any other security agreement, guaranty, mortgage, deed of trust,
        assignment or other instrument or agreement securing or supporting any
        obligation of the Borrower under this Agreement or under the Note. 

       

      9. Guarantor.
        Article
        8 of the Finance Agreement is amended by adding the following new Section
        8.10:

       

      Guarantor.
        The
        Guarantor shall repudiate, purport to revoke or fail to perform Guarantor’s
        obligations under Guarantor’s Guaranty in favor of the WFFPC, or a petition
        shall be filed by or against Guarantor under the United States Bankruptcy
        Code
        naming Guarantor as debtor.

       

      10. Note
        and Guaranty.
        Exhibit
“D” to the Finance Agreement is amended by deleting the form of Note used as
        the
        current Exhibit “D” and replacing it with the form of Note attached to this
        Amendment as Exhibit “D.” The Finance Agreement is further amended by adding to
        it, as Exhibit “J,” the Guaranty attached to this Amendment as Exhibit
“J.”

       

      11. Legal
        and Filing Fees.
        Borrower agrees to pay immediately upon demand therefor, all legal fees and
        out-of-pocket expenses of WFFPC related to this Amendment, including the
        preparation, negotiation, documentation, execution, filing and delivery thereof.
        

       

      12. Acknowledgment
        of Indebtedness/Release.
        By its
        execution of this Agreement, Borrower acknowledges and agrees that as of
        August
        24, 2005, there was due and owing to WFFPC under the Finance Agreement the
        principal sum of $53,500,000.00 plus continually accruing interest, without
        defense or right of setoff or counterclaim of any kind. Borrower does hereby
        release WFFPC, its employees, officers, directors and agents from any and
        all
        liability for any act or failure to act or for any claim based upon any other
        theory of liability whether grounded in contract or tort or otherwise, whether
        known or unknown at this time, arising out of any matter occurring prior
        to the
        date of this Agreement. This Release shall be binding on the Borrower and
        its
        respective heirs, successors and assigns.

       

      13.
        Effectiveness
        Conditions.
        This
        Amendment shall be effective upon the completion of the following conditions
        precedent:

       

      
        
          
          

        

        
          -
            5
            -

          
            

          

        

        
          
          

        

      

      
        	 	
                a.

              	
                Execution
                  and delivery by Borrower of this Amendment to
                  WFFPC;

              

      

       

      
        	 	
                b.

              	
                Execution
                  and delivery by Borrower of the Note attached to this Amendment
                  as Exhibit
                  “D” to WFFPC, which Note shall be accepted by WFFPC in substitution
                  for
                  and replacement of, but not in payment or satisfaction of, the
                  Borrower's
                  Secured Promissory Note, dated as of March 22, 2004, payable to
                  the order
                  of the Lender, in the stated principal amount of
                  $80,000,000;

              

      

       

      
        	 	
                c.

              	
                Execution
                  and delivery by Guarantor of the Guaranty attached to this Amendment
                  as
                  Exhibit “J” to WFFPC;

              

      

       

      
        	 	
                d.

              	
                Execution
                  and delivery to WFFPC of a certified copy of Resolutions of Borrower’s
                  managers authorizing the execution, delivery and performance of
                  this
                  Amendment and all other documents and instruments to be executed
                  in
                  connection with the Amendment; and designating the appropriate
                  officers to
                  execute and deliver this Amendment and all other documents and
                  instruments
                  to be executed in connection herewith;
                  and

              

      

       

      
        	 	
                e.

              	
                Such
                  other matters as WFFPC may require.

              

      

       

      14. Representations
        and Warranties.
        Borrower represents and warrants to WFFPC that:

       

      
        	 	
                a.

              	
                All
                  warranties and representations made to WFFPC under the Finance
                  Agreement
                  are true and correct as of the date
                  hereof;

              

      

       

      
        	 	
                b.

              	
                The
                  execution and delivery by Borrower of this Amendment and the performance
                  of it of the transactions herein contemplated (i) are and will
                  be within
                  its powers, (ii) have been authorized by all necessary company
                  action, and
                  (iii) are not and will not be in contravention of any order of
                  any court
                  or other agency of government, of law or any other indenture, agreement
                  or
                  undertaking to which Borrower is a party or by which the property
                  of
                  Borrower is bound, or be in conflict with, result in breach of,
                  or
                  constitute (with due notice and/or lapse of time) a default under
                  any such
                  indenture, agreement or undertaking or result in the imposition
                  of any
                  lien, charge or encumbrance of any nature on any of the properties
                  of
                  Borrower; 

              

      

       

      
        	 	
                c.

              	
                This
                  Amendment and any assignment, instrument, document, or agreement
                  executed
                  and delivered in connection herewith, will be valid, binding and
                  enforceable in accordance with its respective terms;
                  and

              

      

       

      
        
          
          

        

        
          -
            6
            -

          
            

          

        

        
          
          

        

      

      
        	 	
                d.

              	
                No
                  Default or Event of Default or any event which would constitute
                  an Event
                  of Default with the giving of notice or the passage of time, or
                  both, has
                  occurred under the Finance Agreement or any of the other Credit
                  Documents.

              

      

       

      15. Collateral.
        As
        security for the payment of the obligations under the Finance Agreement and
        satisfaction by Borrower of all covenants and undertakings contained in the
        Finance Agreement, Borrower reconfirms the prior security interest and lien
        in
        and to all right, title and interest in and to the Collateral.

       

      16. Ratification
        of Existing Finance Agreement.
        Except
        as expressly set forth herein, all of the terms and conditions of the Finance
        Agreement are hereby ratified and confirmed and shall continue unchanged
        and in
        full force and effect. All references to the Finance Agreement shall mean
        the
        Finance Agreement as modified by this Amendment.

       

      17. Governing
        Law.
        This
        Amendment shall be governed by, construed and enforced in accordance with
        the
        laws of the State of Iowa, excluding its conflict of laws rules. 

       

      18. Counterparts.
        This
        Amendment may be executed in any number of counterparts, each f which shall
        be
        an original and all of which shall constitute one agreement and it shall
        not be
        necessary in making proof of this Amendment to produce or account for more
        than
        one counterpart.

       

      19. This
        Amendment shall be incorporated into and deemed a part of the Finance
        Agreement.

       

      [REMAINDER
        OF PAGE INTENTIONALLY LEFT BLANK - SIGNATURE PAGE FOLLOWS]

       

      
        
          
          

        

        
          -
            7
            -

          
            

          

        

        
          
          

        

      

      IMPORTANT:
        READ BEFORE SIGNING. THE TERMS OF THIS AGREEMENT SHOULD BE READ CAREFULLY
        BECAUSE ONLY THOSE TERMS IN WRITING ARE ENFORCEABLE. NO OTHER TERMS OR ORAL
        PROMISES NOT CONTAINED IN THIS WRITTEN CONTRACT MAY BE LEGALLY ENFORCED.
        YOU MAY
        CHANGE THE TERMS OF THIS AGREEMENT ONLY BY ANOTHER WRITTEN
        AGREEMENT.

       

      IN
        WITNESS WHEREOF, the parties have executed this Amendment as of the date
        first
        written above.

       

      

      
        	
                BORROWER:
                  

              	
                COASTAL
                  CREDIT, L.L.C.

              
	 	 
	 	
                By:

              	
                /s/
                  William E. McKnight

              
	 	
                Name:

              	
                William
                  E. McKnight

              
	 	
                Title:

              	
                President

              
	 	 	 
	 	 	 
	
                LENDER:
                  

              	
                WELLS
                  FARGO FINANCIAL PREFERRED CAPITAL, INC.

              
	 	 
	 	
                By:

              	
                /s/
                  Tom Murphy

              
	 	
                Name:

              	
                Tom
                  Murphy

              
	 	
                Title:

                 

              	
                Senior
                  Vice-President

                 

              

      

      

       

      
        
          
          

        

        
          -
            8
            -

          
            

          

        

        
          
          

        

      

      EXHIBIT
        “D”

       

      PROMISSORY
        NOTE

       

      

       

      
        	
                $100,000,000.00
                  

              	
                August
                  ___, 2005

                Des
                  Moines, IA

              

      

      

       

      For
        value
        received, COASTAL CREDIT, L.L.C. (“Borrower”), a Virginia limited liability
        company, promises to pay to the order of WELLS FARGO FINANCIAL PREFERRED
        CAPITAL, INC. (herein “WFFPC”), on the Termination Date, as defined in the
        Amended Finance Agreement defined below, the principal amount of $100,000,000.00
        or such lesser amount as is outstanding under the Loan made by WFFPC to Borrower
        pursuant to the Finance Agreement. Borrower also promises to pay interest
        on the
        unpaid outstanding principal amount from the date hereof until this Note
        is paid
        in full at the rates as, from time to time, are applicable pursuant to and
        in
        accordance with Section 2.6 of the Finance Agreement. Any overdue payment
        of
        principal and to the extent permitted by law overdue interest shall be payable
        pursuant to and in accordance with Section 2.6 of the Finance Agreement.
        Interest shall be calculated and payable on the terms set forth in Section
        2.6
        of the Finance Agreement.

       

      All
        principal and interest shall be payable in lawful money of the United States
        of
        America and in Federal or other funds immediately available before 12:00
        noon,
        Iowa time, on any Business Day by wire transfer to the office of WFFPC located
        at 800 Walnut Street, Des Moines, Iowa 50309, or to such other address as
        WFFPC
        otherwise directs.

       

      This
        Promissory Note (herein, the “Note”) is the Note referred to in the Amended
        Finance Agreement dated as of April 16, 2001, between Borrower and WFFPC
        (as
        amended from time to time, the “Finance Agreement”). Reference is made to the
        Finance Agreement for provisions relating to prepayment and acceleration
        hereof,
        and the collateral security for the obligations of the Borrower hereunder.
        Capitalized terms used but not otherwise defined in this Note shall have
        the
        meanings given to them in the Finance Agreement.

       

      The
        occurrence of an Event of Default under the Finance Agreement constitutes
        an
        Event of Default under this Note and entitles WFFPC, in accordance with the
        Finance Agreement, to declare this Note immediately due and
        payable.

       

      Borrower
        hereby waives presentment, demand for payment, notice of dishonor or
        acceleration, protest and notice of protest and any and all other notices
        or
        demands in connection with the delivery, acceptance, performance, default
        or
        enforcement of this Note, excepting any notice requirements set forth in
        the
        Finance Agreement.

       

      In
        the
        event any interest rate applicable hereto is in excess of the highest rate
        allowable under applicable law, then the rate of such interest will be reduced
        to the highest rate not in excess of such maximum allowable interest and
        any
        excess previously paid by any Borrower shall be deemed to have been applied
        against the principal.

       

      

       

      
        
          
          

        

        
          D-1

          
            

          

        

        
          
          

        

      

      BORROWER
        HEREBY KNOWINGLY, VOLUNTARILY, AND INTENTIONALLY WAIVES ANY RIGHTS IT MAY
        HAVE
        TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION HEREON OR ARISING OUT OF,
        UNDER
        OR IN CONNECTION WITH THIS NOTE OR THE FINANCE AGREEMENT OR ANY COURSE OF
        CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS
        OF
        BORROWER OR WFFPC. THIS PROVISION IS A MATERIAL INDUCEMENT FOR WFFPC ENTERING
        INTO THE FINANCE AGREEMENT.

       

      BORROWER
        ACKNOWLEDGES THAT IT HAS HAD THE ASSISTANCE OF COUNSEL IN THE REVIEW AND
        EXECUTION OF THIS NOTE AND THAT THE MEANING AND EFFECT OF THE JURY TRIAL
        WAIVER
        IN THE PRECEDING PARAGRAPH HAS BEEN FULLY EXPLAINED TO BORROWER BY ITS
        COUNSEL.

       

      This
        Note
        shall be binding upon Borrower and its successors and assigns and shall inure
        to
        the benefit of WFFPC and its successors and assigns. This Note shall be governed
        as to validity, interpretation and effect by the laws of the State of
        Iowa.

       

      IMPORTANT:
        READ BEFORE SIGNING. THE TERMS OF THIS AGREEMENT SHOULD BE READ CAREFULLY
        BECAUSE ONLY THOSE TERMS IN WRITING ARE ENFORCEABLE. NO OTHER TERMS OR ORAL
        PROMISES NOT CONTAINED IN THIS WRITTEN CONTRACT MAY BE LEGALLY ENFORCED.
        YOU MAY
        CHANGE THE TERMS OF THIS AGREEMENT ONLY BY ANOTHER WRITTEN AGREEMENT. ATTEST:
        COASTAL CREDIT, L.L.C.

       

      

       

      
        	
                By:

              	
                /s/
                  Nina T. White

              	 	
                By:

              	
                /s/
                  William E. McKnight

              
	
                Name:

              	
                Nina
                  T. White

              	 	
                Name:

              	
                William
                  E. McKnight

              
	
                Title:

              	
                Secretary

              	 	
                Title:

              	
                President

              

      

      

       

      

       

      

       

      
        
          
          

        

        
          D-2

          
            

          

        

        
          
          

        

      

      EXHIBIT
        J

      GUARANTY

      

       

      THIS
        GUARANTY, dated August 31, 2005, is made by WHITE RIVER CAPITAL, INC., with
        an
        address at 250 North Shadeland Avenue, Indianapolis, Indiana 46219
        (“Guarantor”), in favor of WELLS FARGO FINANCIAL PREFERRED CAPITAL, INC.
        (“WFFPC”), an Iowa corporation with offices at 800 Walnut Street, Des Moines,
        Iowa.

       

      BACKGROUND

       

      A. WFFPC
        is
        contemporaneously herewith entering into a Second Amendment to Finance Agreement
        dated as of August ___, 2005 (the “Second Amendment”), which amends a certain
        Amended Finance Agreement between WFFPC and Coastal Credit LLC, a Virginia
        limited liability company, dated as of April 16, 2001 (as may be amended
        from
        time to time, the “Finance Agreement”), under which WFFPC has agreed to loan
        Borrower up to the maximum aggregate principal amount of
        $100,000,000.00;

       

      B. It
        is a
        condition precedent to WFFPC entering into the Second Amendment that Guarantor
        shall have executed and delivered to WFFPC this Guaranty.

       

      NOW,
        THEREFORE, in order to induce WFFPC to enter into the Second Amendment, and
        for
        other good and valuable consideration, the receipt and sufficiency of which
        are
        hereby acknowledged, and intending to be legally bound, Guarantor does hereby
        covenant and agree with WFFPC as follows:

       

      1. Definitions
        and Construction.
        Reference is hereby made to the Finance Agreement for a statement of the
        terms
        thereof. All terms used in this Guaranty which are defined in the Finance
        Agreement and not defined herein shall have the respective meanings ascribed
        to
        such terms in the Finance Agreement.

       

      2. Guaranty.
        Guarantor, absolutely, unconditionally and without limit, guarantees and
        becomes
        surety for the full, prompt and punctual payment to WFFPC, as and when due,
        whether at maturity, by acceleration or otherwise, of any and all indebtedness,
        and performance of any and all liabilities and obligations of Borrower to
        WFFPC
        created at any time under, or pursuant to the terms of the Finance Agreement
        and
        of the promissory note issued by Borrower, jointly and severally, in favor
        of
        WFFPC, evidencing the same (as may be amended from time to time, the “Note”),
        whether for principal, interest, premiums, fees, expenses or otherwise (all
        such
        indebtedness, liabilities and obligations being herein called collectively
        the
“Obligations”), together with any and all expenses, including without limitation
        reasonable attorneys’ fees and disbursements, which may be incurred by WFFPC in
        collecting any or all of the Obligations or enforcing any and all rights
        against
        Guarantor under this Guaranty (herein the “Expenses”). Without limiting
        Guarantor’s obligations

       

      
        
          
          

        

        
          D-1

          
            

          

        

        
          
          

        

      

      hereunder
        and notwithstanding any purported termination of this Guaranty, if any
        Bankruptcy, insolvency, reorganization, arrangement, readjustment, composition,
        liquidation, dissolution, assignment for the benefit of creditors, or similar
        event with respect to Borrower or any co-guarantor or endorser of all or
        any of
        the Obligations shall occur, and such occurrence shall result in the return
        of
        (or in such event any WFFPC shall be requested to return) any payment or
        performance of any of the Obligations or Expenses, then (a) without further
        notice, demand or other action, the obligations of the Guarantor hereunder
        shall
        be reinstated with respect to (i) such payment or performance returned (or
        requested to be returned) and (ii) with respect to all further obligations
        arising as a result of such return or request, and (b) Guarantor shall thereupon
        be liable therefor, without any obligation on the part of WFFPC to contest
        or
        resist any such return.

       

      3. Nature
        and Term of Guaranty.

       

      (a) The
        obligations and liability of Guarantor under this Guaranty shall be independent,
        joint and several, absolute, primary and direct, irrevocable and unconditional,
        regardless of any non-perfection of any collateral security for the Obligations;
        any lack of validity or enforceability of the Finance Agreement or the Note
        or
        any of the Obligations or Expenses; the voluntary or involuntary liquidation,
        dissolution, sale or other disposition of all, or substantially all of the
        assets, marshalling of assets and liabilities, receivership, insolvency,
        Bankruptcy, assignment for the benefit of creditors, reorganization,
        arrangement, composition with creditors or readjustment of, or other similar
        proceedings affecting the Borrower or Guarantor or any co-guarantor or endorser
        of, any or all of the Obligations and Expenses or any of the assets of any
        of
        them, or any contest of the validity of this Guaranty in any such proceeding;
        or
        any law, regulation or decree now or hereafter in effect in any jurisdiction
        which might in any manner affect any of such terms or provisions or any of
        the
        rights of WFFPC with respect thereto or which might cause or permit the Borrower
        or any co-guarantor or endorser of the Obligations and Expenses to invoke
        any
        defense to, or any alteration in the time, amount or manner of payment of
        any or
        all of the Obligations and Expenses or performance of this
        Guaranty.

       

      (b) The
        dissolution or adjudication of bankruptcy of Guarantor shall not revoke this
        Guaranty. If the Guarantor shall be dissolved or shall become insolvent (however
        defined), then WFFPC shall have the right to declare immediately due and
        payable, and Guarantor will forthwith pay to WFFPC, the full amount of all
        of
        the Obligations whether due and payable or unmatured. If Guarantor voluntarily
        commences or there is commenced involuntarily against the Guarantor a case
        under
        the United States Bankruptcy Code, the full amount of all of the Obligations,
        whether due and payable or unmatured, shall be immediately due and payable
        without demand or notice thereof.

       

      (c) This
        Guaranty is a continuing guaranty and shall remain in full force and effect
        until the Obligations, the Expenses and any and all other amounts payable
        hereunder shall

       

      
        
          
          

        

        
          D-2

          
            

          

        

        
          
          

        

      

      have
        been
        paid in full and no further loans or advances are available under the Finance
        Agreement and the period during which any payment by Borrower or Guarantor
        is or
        may be subject to rescission, avoidance or refund under the Bankruptcy Code
        (or
        any similar state statute) shall have expired.

       

      4. Payment
        in Accordance with Note and Finance Agreement.

       

      (a) Guarantor
        hereby guaranties that the Obligations and Expenses shall be paid and performed
        strictly in accordance with the terms of the Note and the Finance
        Agreement.

       

      (b) If
        any
        Obligation or Expense is not paid or performed by the Borrower punctually,
        subject to any applicable grace period, including without limitation any
        Obligation due by acceleration of the maturity thereof, Guarantor will, upon
        WFFPC’s demand, without duplication, immediately pay or perform such Obligation
        or Expense or cause the same to be paid or performed. Guarantor will pay
        to
        WFFPC, upon demand, without duplication, all costs and expenses, including
        the
        Expenses, which may be incurred by WFFPC in the collection or enforcement
        of the
        Guarantor’s obligations under this Guaranty.

       

      5. Rights
        and Remedies of WFFPC.
        WFFPC,
        in its sole discretion, may proceed to exercise any right or remedy which
        it may
        have under this Guaranty against Guarantor without first pursuing or exhausting
        any rights or remedies which it may have against Borrower or against any
        other
        person or entity or any collateral security, and may proceed to exercise
        any
        right or remedy which it may have under this Guaranty without regard to any
        actions or omissions of any other person or entity, in any manner or order,
        without any obligation to marshal in favor of Guarantor or other persons
        or
        entities and without releasing Guarantor’s obligations hereunder with respect to
        any unpaid Obligations and Expenses. No remedy herein conferred upon or reserved
        to WFFPC is intended to be exclusive of any other available remedy or remedies,
        but each and every such remedy shall be cumulative and shall be in addition
        to
        every other remedy given under this Guaranty or now or hereafter existing
        at law
        or in equity.

       

      6. Actions
        by WFFPC Not Affecting Guaranty.
        WFFPC,
        at any time or from time to time, in such manner and upon such terms as it
        may
        deem proper, may extend or change the time of payment or the manner or place
        of
        payment of, or otherwise modify or waive any of the terms of, or release,
        exchange, settle or compromise any or all of the Obligations and Expenses
        or any
        collateral security therefor, or subordinate payment of the same, or any
        part
        thereof, to the payment of any other indebtedness, liabilities or obligations
        of
        Borrower which may at any time be due or owing to WFFPC, or elect not to
        enforce
        any of WFFPC’s rights with respect to any or all of the Obligations and Expenses
        or any collateral security therefor, all without notice to, or further assent
        of
        Guarantor and without releasing or affecting Guarantor’s obligations
        hereunder.

       

      
        
          
          

        

        
          D-3

          
            

          

        

        
          
          

        

      

      7. Payments
        Under Guaranty.
        All
        payments by Guarantor hereunder shall be made in immediately available funds
        and
        in lawful money of the United States of America to WFFPC at its office at
        800
        Walnut St., Des Moines, Iowa 50309 or at such other location as WFFPC shall
        specify by notice to Guarantor. All payments by Guarantor under this Guaranty
        shall be made by Guarantor solely from Guarantor’s own funds and not from any
        funds of Borrower.

       

      8. Modifications
        and Waivers.
        No
        failure or delay on the part of WFFPC in exercising any power or right under
        this Guaranty shall operate as a waiver thereof, nor shall any single or
        partial
        exercise of any such right or power preclude any other or further exercise
        thereof or the exercise of any other right or power under this Guaranty.
        No
        modification or waiver of any provision of this Guaranty nor consent to any
        departure therefrom shall, in any event, be effective unless the same is
        in
        writing signed by WFFPC and then such waiver or consent shall be effective
        only
        in the specific instance and for the purpose for which given. No notice to,
        or
        demand on Guarantor, in any case, shall entitle Guarantor to any other or
        further notice or demand in similar or other circumstances.

       

      9. Guarantor’s
        Waiver.
        Guarantor hereby waives promptness, diligence, presentment, demand, notice
        of
        acceptance and any other notice with respect to any of the Obligations, the
        Expenses and this Guaranty.

       

      10. Subordination
        of Subrogation.
        Guarantor hereby expressly agrees that it shall not exercise, against Borrower,
        any other guarantor, maker, endorser or person (a) any right which Guarantor
        may
        now have or hereafter acquire by way of subrogation under this Guaranty,
        by law
        or otherwise or by way of reimbursement, indemnity, exoneration, or
        contribution; or (b) any right to assert defenses as the primary obligor
        of the
        Obligations; or (c) any other claim which it now has or may hereafter acquire
        against Borrower or any other person or against or with respect to Borrower’s
        property (including, without limitation, any property which has been pledged
        to
        secure the Obligations); or (d) any right to enforce any remedy which Guarantor
        may now have or hereafter acquire against Borrower or any other guarantor,
        maker
        or endorser; in any case, whether any of the foregoing claims, remedies and
        rights may arise in equity, under contract, by payment, statute, common law
        or
        otherwise until all Obligations and Expenses have been indefeasibly paid
        in
        full. If in violation of the foregoing any amount shall be paid to Guarantor
        on
        account of any such rights at any time, such amount shall be held in trust
        for
        the benefit of WFFPC and shall forthwith be paid to WFFPC to be credited
        and
        applied against the Obligations and Expenses, whether matured or unmatured,
        in
        accordance with the terms of the Note and the Finance Agreement.

       

      11. No
        Setoff.
        No
        setoff, counterclaim, deduction, reduction, or diminution of any obligation,
        or
        any defense of any kind or nature which Guarantor has or may have against
        any
        Borrower or WFFPC shall be available hereunder to such Guarantor.

       

      
        
          
          

        

        
          D-4

          
            

          

        

        
          
          

        

      

      12. Representations
        and Warranties.
        Guarantor hereby represents and warrants as follows:

       

      (a) Guarantor
        is a corporation, duly organized and validly existing and has full power
        and
        authority to make and deliver this Guaranty.

       

      (b) The
        execution, delivery and performance by Guarantor of this Guaranty has been
        duly
        authorized by all necessary action of its directors and shareholders and
        do not
        and will not violate the provisions of, or constitute a default under, any
        presently appliable law or its articles of incorporation and bylaws or any
        agreement presently binding on it

       

      (c) This
        Guaranty has been duly executed and delivered by the authorized officers
        of the
        Guarantor and constitutes its lawful, binding and legally enforceable obligation
        of Guarantor.

       

      (d) The
        authorization, execution, delivery and performance of this Guaranty do not
        require notification to, registration with, or consent or approval by, any
        federal, state or local regulatory body or administrative agency.

       

      (e) The
        financial statements of Guarantor, dated June 30, 2005, copies of which have
        been furnished to WFFPC, are true and correct as of such date, and since
        such
        date there has been no materially adverse change in the financial condition
        of
        Guarantor.

       

      (f) There
        is
        no pending or threatened action or proceeding affecting Guarantor before
        any
        court, governmental agency or arbitrator which may materially adversely affect
        the financial condition of Guarantor.

       

      13. Covenants.
        Guarantor covenants and agrees that, so long as any part of the Obligations
        and
        Expenses shall remain unpaid:

       

      (a) Guarantor
        shall furnish WFFPC, within 90 days after the end of each calendar year,
        financial statements in form satisfactory to WFFPC. The financial statements
        shall include, and indicate Guarantor’s interests in jointly owned assets and
        any joint or contingent liabilities of Guarantor. Timely filing of consolidated
        annual financial statements with the Securities and Exchange Commission pursuant
        to the Securities Exchange Act of 1934, in a manner publicly accessible on
        the
        Commissioners EDGAR database shall constitute compliance with this subparagraph
        13(a).

       

      (b) Guarantor
        shall prepare and timely file all federal, state, and local tax returns required
        to be filed by the Guarantor and shall submit to WFFPC a copy of its federal
        tax
        return immediately after filing same with the Internal Revenue
        Service.

       

      
        
          
          

        

        
          D-5

          
            

          

        

        
          
          

        

      

      14. Addresses
        for Notices.
        All
        requests, consents, notices and other communications required or permitted
        hereunder or in connection herewith shall be deemed satisfactorily given
        if in
        writing and delivered personally or by registered or certified mail, postage
        pre-paid, by reliable overnight courier, or by telecopier to the parties
        at
        their respective addresses set forth below or at such other address as may
        be
        given by any party to the other in writing in accordance with this Section
        14:

       

      If
        to
        Guarantor:

       

      to
        Guarantor at the address listed in the preliminary paragraph of this
        Guaranty.

       

      If
        to
        Borrower:

       

      Coastal
        Credit Company, L.L.C.

      Att.
        William E. MCKnight, President

      3852
        Virginia Beach Blvd.

      Virginia
        Beach, VA 23452

      (757)
        340-6000

      FAX
        (757)
        340-3716

       

      If
        to
        WFFPC:

       

      Wells
        Fargo Financial Preferred Capital, Inc.

      800
        Walnut Street

      Des
        Moines, IA 50309

      Attn:
        Tom
        Murphy, Senior Vice President

      FAX
        No.:
        (515) 557-8215

       

       

      15. Continuing
        Guaranty; Transfer of Note.
        This
        Guaranty is a continuing guaranty and shall (a) remain in full force and
        effect
        until the Obligations, the Expenses and all other amounts payable under this
        Guaranty shall have been paid in full and the period during which any payment
        by
        Borrower or Guarantor is or may be subject to avoidance or refund under the
        United States Bankruptcy Code (or any similar statute) shall have expired,
        (b)
        be binding upon Guarantor and the personal representatives, heirs, successors
        and assigns of Guarantor, and (c) inure to the benefit of, and be enforceable
        by
        WFFPC and its successors, transferees and assigns. Without limiting the
        generality of the foregoing clause (c), WFFPC may endorse, assign or otherwise
        transfer the Note to any other person or entity, and such other person or
        entity
        shall thereupon become vested with all the rights in respect thereof granted
        to
        WFFPC herein or otherwise.

       

      
        
          
          

        

        
          D-6

          
            

          

        

        
          
          

        

      

      16. Entire
        Agreement.
        This
        Guaranty constitutes the entire agreement, and supersedes all prior agreements
        and understandings, both written and oral, between the parties with respect
        to
        the subject matter hereof.

       

      17. Severability.

       

      (a) The
        invalidity or unenforceability of any one or more portions of this Guaranty
        shall not affect the validity or enforceability of the remaining portions
        of
        this Guaranty.

       

      (b) Guarantor
        and WFFPC agree that in an action or proceeding involving any state or federal
        Bankruptcy, insolvency or other law affecting the rights of creditors
        generally:

       

      (i) If
        any
        clause or provision shall be held invalid or unenforceable in whole or in
        part
        in any jurisdiction, then such invalidity or unenforceability shall affect
        only
        such clause or provision, or part thereof, in such jurisdiction and shall
        not in
        any manner affect such clause or provision in any other jurisdiction, or
        any
        other clause or provision in this Guaranty in any jurisdiction.

       

      (ii) If
        the
        guaranty hereunder by Guarantor would be held or determined to be void, invalid
        or unenforceable on account of the amount of its aggregate liability under
        this
        Guaranty, then, notwithstanding any other provision of this Guaranty to the
        contrary, the aggregate amount of such liability shall, without any further
        action by Guarantor, WFFPC or any other person, be automatically limited
        and
        reduced to the highest amount which is valid and enforceable as determined
        in
        such action or proceeding.

       

      (iii) If
        any
        other guaranty by any one or more other guarantor is held or determined to
        be
        void, invalid or unenforceable, in whole or in part, such holding or
        determination shall not impair or affect:

       

      (A) the
        validity and enforceability of the guaranty hereunder by Guarantor, which
        shall
        continue in full force and effect in accordance with its terms; or

       

      (B) the
        validity and enforceability of any clause or provision not so held to be
        void,
        invalid or unenforceable.

       

      18. Counterparts.
        This
        Guaranty may be executed by Guarantor in several separate counterparts, each
        of
        which shall be an original and all of which taken together shall constitute
        one
        and the same instrument.

       

      
        
          
          

        

        
          D-7

          
            

          

        

        
          
          

        

      

      19. Governing
        Law.
        This
        Guaranty shall be deemed to be a contract under the laws of the State of
        Iowa
        and for all purposes shall be governed by and construed in accordance with
        such
        laws.

       

      20. Jurisdiction,
        Venue, Trial By Jury.
        Guarantor hereby (a) agrees that any litigation, action or proceeding arising
        out of or relating to this Guaranty shall be instituted in the courts of
        the
        State of Iowa or the United States District Courts for the Districts of Iowa;
        (b) waives any objection which Guarantor might have now or hereafter to the
        venue in such courts of any such litigation, action or proceeding; (c)
        irrevocably submits to the venue and exclusive jurisdiction of such courts
        in
        any such litigation, action or proceeding; (d) irrevocably consents to personal
        jurisdiction in such courts and further agrees that service of process upon
        Guarantor may be effected by certified mail to the address provided in Section
        14 of this Guaranty or by any other means permitted by law; (e) waives any
        claim
        or defense of inconvenient forum; and (f) waives any right to trial by jury.
        The
        foregoing shall not preclude WFFPC from seeking to enforce this Guaranty
        in any
        other court of competent jurisdiction.

       

      21. Acknowledgement
        of Receipt.
        The
        Guarantor acknowledges receipt of a copy of this Guaranty, each Credit Document
        and each other document and agreement executed by the Borrower in connection
        with the Obligations.

       

      IN
        WITNESS WHEREOF, for good and valuable consideration and intending to be
        legally
        bound hereby, this Guaranty has been executed by, on behalf of, Guarantor
        as of
        the date first above written.

       

      [REMAINDER
        OF PAGE INTENTIONALLY LEFT BLANK]

       

      
        
          
          

        

        
          D-8

          
            

          

        

        
          
          

        

      

      IMPORTANT:
        READ BEFORE SIGNING. THE TERMS OF THIS AGREEMENT SHOULD BE READ CAREFULLY
        BECAUSE ONLY THOSE TERMS IN WRITING ARE ENFORCEABLE. NO OTHER TERMS OR ORAL
        PROMISES NOT CONTAINED IN THIS WRITTEN CONTRACT MAY BE LEGALLY ENFORCED.
        YOU MAY
        CHANGE THE TERMS OF THIS AGREEMENT ONLY BY ANOTHER WRITTEN
        AGREEMENT.

       

      

       

      
        	 	
                GUARANTOR

                 

              
	 	
                WHITE
                  RIVER CAPITAL, INC.

                 

              
	 	
                By:

              	
                /s/
                  Mark R. Ruh

              
	 	
                Title:

              	
                President

              

      

       

       

      D-9EXHIBIT 10.22

                          2006 Executive Bonus Plan
                          -------------------------

      Upon recommendation of the Compensation Committee, the Board of
 Directors of Jack Henry & Associates, Inc. hereby establishes the following
 as the 2006 Executive Bonus Plan for the company's Chief Executive Officer,
 President and Chief Financial Officer (the "Executives") this 30th day of
 August, 2005:

      Following the end of the current fiscal year (July 1, 2005 - June 30,
 2006), the Executives shall be paid a performance-based bonus of up to 60%
 of their annual salary paid during the fiscal year.  No bonuses under this
 plan shall be paid to any Executive unless the company attains a growth
 in net income of 20% for the current fiscal year (the "Net Income Growth
 Goal").  Half of the bonus amount, equal to 30% of annual salary, would
 be paid to each of the Executives upon attainment of the Net Income Growth
 Goal.  The remaining half of the bonus amount (30% of annual salary)
 shall be paid to an Executive if specific objectives are attained by
 the Executive.  These specific objectives for each Executive shall
 be established by the Board of Directors or, if so delegated, by the
 Compensation Committee.  Executive bonuses may be paid in cash, restricted
 stock or deferred compensation.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}]]