Document:

Amendment No. 1 to the Rights Agreement between Convergys and Computershare

 Exhibit 4.2 
 AMENDMENT TO RIGHTS AGREEMENT 
 This Amendment to Rights Agreement, effective as of 12 noon on
December 1, 2008, is between Convergys Corporation, an Ohio corporation (the “Corporation”), and Computershare Trust Company, N.A., (the “Rights Agent”). 
 R E C I T A L S: 
 WHEREAS, on
November 19, 1998, the Board of Directors of Convergys Corporation adopted a Rights Agreement, effective and dated as of November 30, 1998, between Convergys Corporation and Computershare Trust Company, N.A. (as successor Rights Agent for
the Fifth Third Bank, N.A.), 
 WHEREAS, on November 19, 1998, the Board of Directors declared a dividend distribution of one
right (“Right”) on each of the Company’s outstanding Common Shares, without par value (the “Common Shares”), to holders of record of the Common Shares at the close of business on December 1, 1998, and well
as to each Common Share issued after December 1, 1998, 
 WHEREAS, the Rights and the Rights Agreement are set to expire at the
close of business on December 1, 2008, 
 WHEREAS, Section 27 of the Rights Agreement provides that the Company may
supplement or amend any provision of the Rights Agreement; 
 WHEREAS, the Board of Directors of the Corporation has determined to
amend the Rights Agreement as follows, effective prior to the expiration of Rights Agreement. 
 NOW THEREFORE, for valuable
consideration, the sufficiency of which is acknowledged by the parties hereto, the following has been agreed: 
 1. Term.

 (a) The term of the Rights Agreement is extended until the close of business on June 30, 2009. 
 (b) The reference to “December 1, 2008” appearing in the legend set forth in Section 3(c) is hereby amended to be a reference to
“June 30, 2009,” and any certificate previously issued with a legend referring to December 1, 2008 shall be deemed to refer to June 30, 2008, notwithstanding the reference to such earlier date. 
 (c) “Final Expiration Date” means the close of business on June 30, 2009. 
  

 1 

 2. Notice to Rights Agent. Section 2 of the Rights Agreement is hereby amended to add
the following new language at the end of the last sentence thereof: 
 “, upon ten (10) days’ prior written notice to the
Rights Agent. The Rights Agent shall have no duty to supervise, and shall in no event be liable for, the acts or omissions of any such co-Rights Agent.” 
 3. Countersignature. Section 5 of the Rights Agreement is hereby amended to delete the second sentence thereof in its entirety and replace it with the following: 
 “The Rights Certificates shall be countersigned by the Rights Agent, either manually or by facsimile signature, and shall not be valid for any
purpose unless so countersigned.” 
 4. Transfer Agency Relationship. Section 21 of the Rights Agreement is hereby
amended as follows: 
 (a) to insert the following new sentence after the existing first sentence thereof: 
 “In the event the transfer agency relationship in effect between the Company and the Rights Agent terminates, the Rights Agent will be deemed to
have resigned automatically and be discharged from its duties under this Agreement as of the effective date of such termination, and the Company shall be responsible for sending any required notice.”; and 
 (b) to delete the term “$100 million” and replace it with “$50 million.” 
 5. Notice. Section 26 of the Rights Agreement is hereby amended to delete the Rights Agent address information in its entirety and
replace it with the following: 
 Computershare Trust Company, N.A. 
 250 Royall Street 
 Canton, MA 02021 
 Attention: Client Services 
 6. Force Majeure. The Rights Agreement is hereby amended to insert a new Section 35, as follows: 
 “35. Force Majeure. Notwithstanding anything to the contrary contained herein, the Rights Agent shall not be
liable for any delays or failures in performance resulting from acts beyond its reasonable control including, without limitation, acts of God, terrorist acts, shortage of supply, breakdowns or malfunctions, interruptions or malfunction of computer
facilities, or loss of data due to power failures or mechanical difficulties with information storage or retrieval systems, labor difficulties, war, or civil unrest.” 
  

 2 

 7. Defined Terms. The terms as defined in the Rights Agreement, other than as modified in
this Agreement, shall continued to have the meanings ascribed to them in the Rights Agreement. Any defined term used herein, unless expressly stated otherwise in this Agreement, shall have the meaning ascribed to them in the Rights Agreement,

 8. Controlling Agreement. In the even of any conflict between the terms of this Agreement and the Rights Agreement, this
Agreement shall control. 
 9. Benefit of this Agreement. Nothing in this Agreement shall be construed to give to any Person
other than the Corporation, the Rights Agent and the registered holders of the Right Certificates (and, prior to the Distribution Date, registered holders of the Common Shares) any legal or equitable right, remedy or claim under this Agreement; but
this Agreement shall be for the sole and exclusive benefit of the Corporation, the Rights Agent and the registered holders of the Right Certificates (and, prior to the Distribution Date, registered holders of the Common Shares). 
 10. Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or other
authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. 
 11. Governing Law. This Agreement, each Right and each Right Certificate issued hereunder shall be deemed to be a contract made under the
laws of the State of Ohio and for all purposes shall be governed by and construed in accordance with the laws of Ohio applicable to contracts made and to be performed entirely within such State. 
  
  
  
  
 [This Area Intentionally Left Blank] 
  

 3 

 IN WITNESS HEREOF, the parties hereto have caused this amendment to the Rights Agreement to be
duly executed and their respective corporate seals to be hereunto affixed and attested, all as of the day and year first above written. 
  

							
	Attest:	 		 	CONVERGYS CORPORATION
				
	/S/    TAMMY
ROHRER        	 		 	By:	 	/S/    KAREN R. BOWMAN        

	Tammy Rohrer, Assistant Secretary	 		 		 	 Karen R. Bowman
 Senior Vice President,
 General Counsel and
 Corporate Secretary

			
	Attest:	 		 	COMPUTERSHARE TRUST COMPANY, N.A.
				
	/S/    JEFFREY SEIDERS        
	 		 	By:	 	/S/    DENNIS V. MOCCIA        

	Jeffrey Seiders, Relationship Manager	 		 		 	 Dennis V. Moccia, Manager,
 Contract Administration

  

 4EX-10.1

NOTE

	 	 	 	 	 
	Date:
	 	November 27, 2008
	Maker: Claimsnet.com, Inc.

	Payee:
	 	National Financial Corporation
	Place for Payment:
	 	14860 Montfort Dr., Suite 250, Dallas, TX  75254
	Principal Amount:
	 	Fifty Thousand U.S. dollars (USD$50,000.00)

Annual Interest Rate on Unpaid Principal from Date of Funding: Five percent (5%)

Terms of Payment: Principal and interest shall be due and payable on demand, interest being
calculated on the unpaid principal balance to the date of each installment paid, and the payment
made credited first to the discharge of interest accrued and the balance to the reduction of the
principal. Accrued and unpaid interest shall be computed on the basis of the actual days elapsed
in a year consisting of 365 days on the principal.

Annual Interest Rate on Demanded, Unpaid Amounts: The highest rate allowed by law.

Security for Payment: None

Maker promises to pay to the order of Payee at the place for payment and according to the
terms of payment the principal amount plus interest at the rates stated above. All unpaid amounts
shall be due upon demand.

On default in the payment of this note or in the performance of any obligation in any
instrument securing or collateral to it, this note and all obligations in all instruments securing
or collateral to it shall become immediately due at the election of Payee. Maker and each surety,
endorser, and guarantor waive all demands for payment, presentations for payment, notices of
intention to accelerate maturity, notices of acceleration of maturity, protest, and notices of
protest.

If this note or any instrument securing or collateral to it is given to an attorney for
collection or enforcement, or if suit is brought for collection or enforcement, or if it is
collected or enforced through probate, bankruptcy, or other judicial proceeding, then Maker shall
pay Payee reasonable attorney’s fees in addition to other amounts due. Reasonable attorney’s fees
shall be 10.0% of all amounts due unless either party pleads otherwise.

Nothing in this note shall authorize the collection of interest in excess of the highest rate
allowed by law.

Maker reserves the right to prepay the outstanding principal balance of this Note, in whole or
in part, at any time and from time to time, without premium or penalty. Any such pre-payment shall
be made together with payment of interest accrued on the amount of principal being prepaid through
the date of such prepayment, and shall be applied to the installments of principal due hereunder in
the inverse order of maturity.

Each Maker is responsible for the entire amount of this note.

The terms Maker and Payee and other nouns and pronouns include the plural if more than one.

Maker shall not be deemed to be in default of this note unless and until Maker shall have been
given seven (7) days written notice and opportunity to cure such default, via certified mail return
receipt requested.

Claimsnet.com, Inc.

By:      

Don Crosbie, CEO

MAKEREX-10.01

Municipal Mortgage & Equity, LLC

621 East Pratt Street

Baltimore, Maryland 21202

T 443.263.2900 F 410.727.5387

November 24, 2008

Synovus Bank

12450 Roosevelt Boulevard,

St. Petersburg, FL 33716

Attn:Cathy Swanson,

Senior Vice President

Re: Notice and Request for Waiver, Forbearance and Extension of Maturity Date

Ladies and Gentlemen:

Reference is made to that certain Fourth Amended and Completely Restated Loan Agreement, dated
as of February 23, 2007, by and among Synovus Bank (formerly, United Bank and Trust), MMA Capital
Corporation, MuniMae TEI Holdings, LLC, MMA Mortgage Investment Corporation, MMA Construction
Finance, LLC, Municipal Mortgage & Equity, LLC MMA Financial Holdings, Inc. and MMA Financial, Inc.
(formerly, MuniMae Investment Services Corporation) (the “Agreement”). All capitalized
terms used but not defined herein shall have the meaning assigned to such terms in the Agreement.

Notice

This correspondence will serve as notice of the matters set forth herein given pursuant to the
requirements of Section 11.03 of the Agreement.

As we notified you by the Notice and Request for Waiver, dated March 3, 2008, and by prior
communications, our continuing efforts to restate certain of the historical GAAP financial
statements of Municipal Mortgage & Equity, LLC (“MuniMae”) and certain other matters have
delayed the completion of certain of our 2006 financial statements and periodic reports, as well as
the financial statements for certain of our affiliates.

As a result and as we have informed you previously, we will be unable to comply with the
applicable financial reporting and related covenants set forth in Article VI (including, but not
limited to, Section 6.06) of the Agreement, including, without limitation, such covenants as they
apply to the fiscal years 2006, 2007, 2008 and 2009.

Request for Waiver, Forbearance and Extension of Maturity Date

We hereby request a waiver of compliance with the above-referenced covenants and forbearance
from declaring, and exercising any remedial or enforcement rights with respect to, any and all
Defaults or Events of Default under the Agreement, and such waiver and forbearance shall be in full
force and effect up to and including the Maturity Date as extended herein and shall result in the
Borrowing Group being eligible, subject to the satisfaction of all applicable preconditions set
forth in the Agreement, (i) to receive Disbursements for the purpose of funding additional draws
relating to Pledged Loans currently posted as collateral under the Agreement or (ii) to have
letters of credit renewed pursuant to the Agreement with such renewed letters of credit maturing on
or before May 31, 2009; provided, however, that the foregoing waiver and forbearance shall not
apply to any Event of Default (i) pursuant to Section 9.01(a) of the Agreement or (ii) resulting
from any act or omission by any member of the Borrowing Group or any Guarantor that constitutes
fraud or willful misconduct. In addition, we hereby request, notwithstanding anything to the
contrary in the Note or the Agreement, that the Maturity Date of the Asset Based Loan and L.O.C.
Facility be extended to May 31, 2009.

Effective Date

The foregoing waiver, forbearance and extension of Maturity Date shall take effect on the date the
Obligations relating to the three Pledged Loans described on Exhibit A hereto shall have
been satisfied in full.

This notice is being delivered to you as confirmation of our earlier discussion with you and
our understanding that this does not present any issues under the Agreement. Please contact me by
phone at (813) 868-8070 or e-mail at jeff.muller@munimae.com if this is not the case.

Sincerely,

	 	 	 
	MUNICIPAL MORTGAGE & EQUITY, LLC

	 	MMA FINANCIAL, INC.
	By:/s/Earl Cole III

Name:Earl Cole III

Title:Executive Vice President

	 	By:/s/Jeffrey T. Muller

Name: Jeffrey T. Muller

Title:Senior Vice President & Treasurer
	MMA FINANCIAL HOLDINGS, INC.

	 	MMA CAPITAL CORPORATION
	By:/s/Jeffrey T. Muller

Name:Jeffrey T. Muller

Title:Senior Vice President & Treasurer

	 	By:/s/Jeffrey T. Muller

Name:Jeffrey T. Muller

Title:Senior Vice President & Treasurer
	MMA MORTGAGE INVESTMENT

CORPORATION

	 	MMA CONSTRUCTION FINANCE, LLC

	By:/s/Jeffrey T. Muller

Name:Jeffrey T. Muller

Title:Senior Vice President & Treasurer

	 	By:/s/Jeffrey T. Muller

Name:Jeffrey T. Muller

Title:Senior Vice President & Treasurer

Please indicate your grant of the waiver and forbearance and extension of the Maturity Date
requested above by signing below and returning a copy of this page to me by e-mail or facsimile.

SYNOVUS BANK

By:/s/Cathy Swanson

Name:Cathy Swanson

Title:Executive Vice President

Date:November 24, 2008

1

Exhibit A

Pledged Loans

1. Ardmore project, Los Angeles, CA, $12,700,000 principal amount committed

2. Redemptorist project, New Orleans, LA, $9,676,000 principal amount committed

3. Esplanade project, Wallingford, PA, $31,776,031 principal amount committed

2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00150-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00150-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00150-of-00352.parquet"}]]