Document:

exv10w27

Exhibit 10.27

TRIAD FINANCIAL HOLDINGS LLC

Secured Promissory Note

	 	 	 
	U.S. $17,000,000

	 	New York, New York
	 

	 	December 31, 2008

          FOR VALUE RECEIVED, the undersigned, Triad Financial Holdings LLC, a Delaware limited
liability company (together with its successors and permitted assigns, the “Company”),
hereby promises to pay to the order of Hunter’s Glen/Ford Ltd. (together with its successors and
permitted assigns, the “Holder”), in lawful money of the United States of America, in
immediately available funds on the earlier of (x) April 30, 2009, (y) five business days following
the date upon which the aggregate amount of Managed Assets (hereinafter defined) of Triad Financial
SM LLC, a wholly-owned subsidiary of the Company, is less than $2,000,000,000 and (z) any earlier
date upon which this Note becomes due and payable pursuant to the terms hereof (such date, the
“Maturity Date”), the principal sum of SEVENTEEN MILLION United States Dollars
($17,000,000) or such lesser principal amount as shall at the time be outstanding hereunder,
together with interest from the date hereof on the unpaid amount owing hereunder until payment in
full at a rate of interest per annum equal to the lesser of (i) the maximum lawful rate of interest
in effect at such time under applicable law and (ii) fifteen percent (15%) per annum, compounded
quarterly. Interest shall be calculated on the basis of a year of 360 days and shall accrue on the
outstanding principal amount of this Note and, to the extent permitted by law, on any accrued but
unpaid interest thereon until all payments hereunder have been irrevocably paid in full. As used
herein, the term “Note” includes this Note and any Note issued, in whole or in part, in
exchange herefor or in replacement hereof. As used herein, “Managed Assets” means,
collectively, all receivables owned by Triad Financial SM LLC and all receivables serviced by Triad
Financial SM LLC and owned by any other person.

          1. Payment of Interest and Principal of Note.

          (a) Payments due hereunder are to be made by wire transfer to such bank account of the Holder
as the Holder may from time to time designate, in lawful money of the United States of America.

          (b) The principal amount of this Note shall be due and payable on the Maturity Date. Accrued
and unpaid interest shall be paid in cash on the last day of each March, June, September and
December to occur while the Note is outstanding, commencing on March 31, 2009.

          (c) The Company may prepay this Note, in whole or in part, at any time, without premium or
penalty. Each such prepayment shall be accompanied by payment of all interest accrued to the date
of payment on the amount so prepaid. Any payment made under this Note shall be applied first to
interest accrued and unpaid on the outstanding principal balance as of such date.

          2. Security. The obligations of the Company hereunder are secured by, and the Holders
is entitled to the benefits of, that certain Pledge Agreement, dated the date hereof, by and
between the Company and the Holder (“Pledge Agreement”).

          3. Representations and Warranties. The Company represents and warrants to the Holder
that:

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          (a) the Company is duly formed and in good standing under the laws of the state of its
formation and has the power to own its property and to carry on its business in each jurisdiction
in which it operates;

          (b) the Company has the power and authority to execute and deliver this Note, which has been
duly authorized by all necessary requisite action;

          (c) the execution, delivery and performance by the Company of this Note and the consummation
of the transactions contemplated hereby and the fulfillment of the terms hereof do not conflict
with, result in a material breach of any of the terms and provisions of, or constitute (with or
without notice or lapse of time) a default under, the constituent documents of the Company or any
indenture, agreement, mortgage, deed of trust, or other instrument to which the Company is a party
or by which it is bound or to which any of its properties are subject; nor, except as contemplated
by the Pledge Agreement, result in the creation or imposition of any Lien (as defined below) upon
any of its properties pursuant to the terms of any indenture, agreement, mortgage, deed of trust or
other instrument; nor violate any law, order, rule or regulation applicable to the Company of any
court or of any federal or state regulatory body, administrative agency or other governmental
instrumentality having jurisdiction over the Company or its properties;

          (d) the Note is a legal, valid and binding obligation of the Company, enforceable in
accordance with its terms;

          (e) the Company is not required to obtain the consent of any other party or any consent,
license, approval or authorization, or registration or declaration with, any governmental
authority, bureau or agency in connection with the execution, delivery, performance, validity or
enforceability of this Note, except those which may have been obtained and are in full force and
effect;

          (f) there are no proceedings or investigations pending or, to the Company’s best knowledge,
threatened against the Company before any court, regulatory body, administrative agency, other
government instrumentality, arbitral tribunal or other tribunal having jurisdiction over the
Company or its properties (i) asserting the invalidity of this Note, (ii) seeking to prevent the
consummation of any of the transactions contemplated by this Note, or (iii) seeking any
determination or ruling that would be reasonably likely to have a Material Adverse Effect
(hereinafter defined);

          (g) the Company is not in default in the performance, observance or fulfillment of any
obligation, covenant or condition in any agreement or instrument to which it is a party or by which
it is bound the result of which would be reasonably likely to have a Material Adverse Effect;

          (h) no proceeds from this Note will be used, directly or indirectly, by the Company for the
purpose of purchasing or carrying any Margin Stock (as defined in Regulation U of the Board of
Governors of the Federal Reserve System) or for the purpose of reducing or retiring any
indebtedness which was originally incurred to purchase or carry Margin Stock or for any other
purpose that might cause this Note to be a “purpose credit” within the meaning of Regulation U; and

          (i) the Company is not an “investment company” or a company “controlled” by an investment
company within the meaning of the Investment Company Act of 1940, as amended.

          4. Restriction on Indebtedness. The Company covenants and agrees that until it has
paid to the Holder in full all amounts owing in respect of this Note, the Company shall not create,
incur, issue, assume or guarantee or otherwise become directly or indirectly liable, contingently
or otherwise, with respect to any indebtedness, unless such indebtedness is contractually
subordinated in right of payment to the Note on terms reasonably satisfactory to the Holder.

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          5. Events of Default. If any one or more of the following events, herein called
“Events of Default”, shall occur, for any reason whatsoever, and whether such occurrence
shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to
or in compliance with any judgment, decree or order of a court of competent jurisdiction or any
order, rule or regulation of any administrative or other governmental authority, and such Event of
Default shall be continuing:

          (a) default shall be made in the payment of the principal of this Note when and as the same
shall become due and payable, whether at maturity or by acceleration or otherwise; or

          (b) default shall be made in the payment of any installment of interest on this Note according
to its terms when and as the same shall become due and payable; or

          (c) default shall be made in the due observance or performance of any other covenant,
condition or agreement on the part of the Company to be observed or performed pursuant to the terms
of this Note or the Pledge Agreement, and such default shall continue for thirty (30) days after
written notice thereof, specifying such default and requesting that the same be remedied, shall
have been given to the Company by the Holder; or

          (d) the entry of a decree or order for relief by a court having jurisdiction in the premises
in respect of the Company in an involuntary case under the Bankruptcy Reform Act of 1978 of the
United States of America, as amended, 11 U.S.C. Sections 101,
et seq. (the “Bankruptcy
Code”) or any other applicable federal or state bankruptcy, insolvency or other similar laws,
or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator (or similar
official) of the Company or for any substantial part of its property, or ordering the winding-up or
liquidation of any of its affairs and the continuance of any such decree or order unstayed and in
effect for a period of sixty (60) consecutive days;

          (e) the commencement by the Company of a voluntary case under the Bankruptcy Code or any other
applicable federal or state bankruptcy, insolvency or other similar laws, or the consent by it to
the appointment of or taking possession by a receiver, liquidator, assignee, trustee, custodian,
sequestrator (or other similar official) of the Company or for any substantial part of its
property, or the making by it of any assignment for the benefit of creditors, or the admission by
the Company in writing of its inability to pay its debts generally as such debts become due, or the
taking of corporate action by the Company in furtherance of any such action; or

          (f) the Company or any of its subsidiaries shall (i) default in making any payment of any
principal of any indebtedness for borrowed money (including, without limitation, any guarantee of
any such indebtedness) on the scheduled original due date with respect thereto, (ii) default in
making any payment of any interest on any such indebtedness beyond the period of grace, if any,
provided in the instrument or agreement (as in effect on the date hereof and without giving effect
to any amendment, modification or waiver thereto that adversely effects the Holder, unless the
Holder provides prior written consent to such amendment, modification or waiver), under which such
indebtedness was created, or (iii) default in the due observance or performance of any other
covenant, condition or agreement relating to any such indebtedness or contained in any instrument
or agreement (as in effect on the date hereof without giving effect to any amendment, modification
or waiver thereto that adversely effects the Holder, unless the Holder provides prior written
consent to such amendment, modification or waiver), evidencing, securing or relating thereto, or
(iv) any other event shall occur or condition exist, the effect of which default or other event or
condition is to cause, or to permit the holder or beneficiary of such indebtedness (or a trustee or
agent on behalf of such holder or beneficiary) to cause, without the giving of notice if required,
such indebtedness to become due prior to its stated maturity or to become subject to a mandatory
offer to purchase by the obligor thereunder or (in the case of any indebtedness constituting a
guarantee obligation) to become payable;

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          (g) The Holder, in its reasonable, good faith judgment, has cause to believe that any material
adverse effect on, or the disclosure or discovery of any information not previously disclosed to
the Holder, which the Holder deems material and adverse relating to, the business, operations,
properties, condition (financial or otherwise) or prospects of the Company, individually, or with
its affiliates, taken as a whole, shall have occurred (any such effect, disclosure or discovery, a
“Material Adverse Effect”);

          (h) the occurrence of any of the following, unless the Holder shall have expressly consented
to such event in writing: (i) unless the Company has completed an initial public offering of its
capital stock, Hunter’s Glen/Ford, Ltd. and its affiliates and GTCR Golder Rauner, LLC and its
affiliates no longer collectively own (A) at least 50% of the capital stock of the Company and (B)
at least 50% of the aggregate voting power of all classes of Voting Stock of the Company (defined
as the capital stock or other indicia of equity rights of the Company which at the relevant time
has the power to vote for the election of one or more members of the Board of Directors (or other
governing body) of the Company), (ii) any other person and its affiliates collectively own a
greater percentage of either the capital stock of the Company or the aggregate voting power of all
classes of Voting Stock of the Company than the largest holder of such capital stock or Voting
Stock among (A) Hunter’s Glen/Ford, Ltd. and its affiliates and (B) GTCR Golder Rauner, LLC and its
affiliates, or (iii) the Company merges or consolidates with, or sells all or substantially all of
its assets to, any other person.

          (i) any Lien purported to be created under the Pledge Agreement shall cease to be, or shall be
asserted by the Company or any affiliate thereof not to be, a valid and perfected Lien on the
Pledged Collateral (as defined in the Pledge Agreement), with the priority required by the Pledge
Agreement, except (i) as a result of the sale or other disposition of the Pledged Collateral in a
transaction permitted under the Pledge Agreement or (ii) as a result of the Holder’s failure to
maintain possession of any instruments delivered to it under the Pledge Agreement;

          (j) a final, nonappealable judgment by any competent court in the United States of America for
the payment of money in an amount in excess of $500,000 shall be rendered against the Company, and
the same remains undischarged and unstayed for a period of thirty (30) days after the entry
thereof; or

          (k) the Company shall pay an amount in excess of $500,000 in connection with the settlement of
any action filed in any competent court in the United States of America, in which action the
Company is a named defendant, if such action contains undismissed allegations of (A) fraud or
wrongful conduct in connection with the Company’s lending, servicing or origination practices, as
applicable, or (B) other wrongdoing that could have a Material Adverse Effect;

then, in addition to all other rights and remedies available to the Holder at law or in equity or
otherwise, (i) if an Event of Default set forth in clauses (d) or (e) of this Section 5 shall occur
and be continuing, or shall exist, this Note automatically shall become immediately due and
payable, together with interest accrued thereon, without presentment, demand, protest or notice of
any kind, all of which are expressly waived to the fullest extent permitted by law and (ii) if an
Event of Default other than an Event of Default set forth in clauses (d) or (e) of this Section 5
shall occur and be continuing, or shall exist, the Holder may, at its option, by notice to the
Company, declare this Note to be, and this Note shall thereupon be and become, immediately due and
payable, together with interest accrued thereon, without presentment, demand, protest or other
notice of any kind, all of which are expressly waived to the fullest extent permitted by law.

          6. Remedies on Default, etc. If an Event of Default has occurred and is continuing,
the Holder may proceed to protect and enforce its rights by a suit in equity, action at law or
other appropriate proceeding, whether for the specific performance of any agreement contained in
this Note or the Pledge Agreement, or for an injunction against a violation of any of the terms
hereof or in aid of the exercise of any right, power or remedy granted hereby or by law, equity,
statute or otherwise. No course

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of dealing and no delay on the part of the Holder in exercising any right, power or remedy
will operate as a waiver thereof or otherwise prejudice the Holder’s rights, powers or remedies.
No right, power or remedy conferred hereby is exclusive of any other right, power or remedy
referred to herein or now or hereafter available at law, in equity, by statute or otherwise. To
the fullest extent permitted by applicable law, the Company hereby agrees to waive, and does hereby
absolutely and irrevocably waive diligence, demand for payment, presentment, notice of dishonor and
protest of this Note and notice of any kind, and the right to interpose any defense, set-off or
counterclaim of any nature or description in any action or proceeding arising on, out of, under or
by reason of this Note or the Pledge Agreement.

          7. Lien Defined. For purposes of this Note, “Lien” means any mortgage,
pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other),
charge or other security interest or any preference, priority or other security agreement or
preferential arrangement of any kind or nature whatsoever (including, without limitation, any
conditional sale or other title retention agreement and any financing lease having substantially
the same economic effect as any of the foregoing).

          8. Miscellaneous.

          (a) Neither this Note nor any term hereof may be amended or waived orally or in writing,
except that any term of this Note may be amended and the observance of any term of this Note may be
waived (either generally or in a particular instance and either retroactively or prospectively)
with (but only with) the written consent of the Company and the Holder. This Note shall inure to
the benefit of the Holder of this Note and the Company and their respective successors and assigns
and be binding upon the Holder of this Note and the Company and their respective successors and
assigns.

          (b) Any notice or communication must be given in writing or delivered in person, or by
overnight courier, or by facsimile addressed as follows:

          (i) if to the Company:

Triad Financial Holdings LLC

5201 Rufe Snow Drive

North Richland Hills, TX 76180

Telecopy: (817) 605-5288

Attention: Corporate Secretary

With a copy to:

Triad Financial Holdings LLC

7711 Center Avenue, Suite 100

Huntington Beach, California 92647

Telecopy: (714) 934-6062

Attention: Corporate Secretary

          (ii) if to the Holder, at the address specified in writing by the Holder,

or at such other address and to the attention of such other person as the Company or the Holder may
designate by written notice to the other. Any such notice or communication is effective (x) when
received, if delivered in person or by facsimile, or (y) on the next business day, if delivered by
overnight courier.

          (c) The Holder may sell, transfer, assign, encumber or otherwise dispose of this Note in whole
or in part, other than as may be prohibited by applicable law. The Company shall maintain a

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register for the recordation of the name and address of the Holder, and the principal amount of the
Note owing to the Holder pursuant to the terms hereof from time to time (the “Register”).
The entries in the Register shall be conclusive, absent manifest error, and the Holder and the
Company may treat each person whose name is recorded in the Register pursuant to the terms hereof
as a Holder hereunder for all purposes of this Note, notwithstanding notice to the contrary. The
Register shall be available for inspection by the Holder at any time.

          (d) The Company shall pay all reasonable out-of-pocket expenses incurred by the Holder,
including fees and disbursements of counsel for the Holder, in connection with the enforcement of
this Note.

          (e) THIS NOTE IS GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS
OF THE STATE OF NEW YORK FOR CONTRACTS MADE AND WHOLLY PERFORMED WITHIN THAT STATE AND SHALL BE
CONSTRUED AS IF DRAFTED EQUALLY BY THE COMPANY AND THE HOLDER. THE COMPANY HEREBY SUBMITS TO THE
EXCLUSIVE PERSONAL JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK AND THE FEDERAL COURTS OF
THE UNITED STATES SITTING IN NEW YORK COUNTY, AND ANY APPELLATE COURT FROM ANY SUCH STATE OR
FEDERAL COURT, AND HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ANY ACTION OR PROCEEDING
RELATING TO THIS NOTE SHALL BE EXCLUSIVELY HEARD AND DETERMINED IN SUCH NEW YORK COURT OR, TO THE
EXTENT PERMITTED BY LAW, IN SUCH FEDERAL COURT. THE COMPANY AGREES THAT A FINAL JUDGMENT IN ANY
SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN ANY OTHER JURISDICTION BY SUIT
ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. THE COMPANY HEREBY IRREVOCABLY AND
UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT IT MAY LEGALLY AND EFFECTIVELY DO SO, ANY OBJECTION
WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT
OF OR RELATING TO THIS NOTE OR ANY RELATED MATTER IN ANY NEW YORK STATE OR FEDERAL COURT LOCATED IN
NEW YORK COUNTY AND THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR
PROCEEDING IN ANY SUCH COURT. THE COMPANY HEREBY IRREVOCABLY CONSENTS TO SERVICE OF PROCESS BY
REGISTERED MAIL, RETURN RECEIPT REQUESTED, AS PROVIDED HEREINABOVE. NOTHING IN THIS NOTE WILL
AFFECT THE RIGHT OF THE HOLDER TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.

          (f) The Company’s obligations under this Note are absolute and unconditional and shall not be
subject to any defense, setoff or counterclaim that may at any time be available to or be asserted
by the Company. The Company hereby waives, and agrees not to assert, any right to offset or
interpose as a defense or counterclaim any claim against the Holder against its obligations under
this Note.

          (g) No failure or delay on the part of the Holder in exercising any power or right hereunder,
and no course of dealing between the Company and the Holder of this Note, shall operate as a waiver
thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or
discontinuance of steps to enforce such a right or power, preclude any other or further exercise
thereof or the exercise of any other right or power.

          (h) As used in this Note, the term “business day” means any day that is not a
Saturday, Sunday or other day on which the commercial banks in New York, New York are authorized or
required by applicable law to remain closed.

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          (i) (x) Should any provision of this Note be judicially declared to be invalid, unenforceable
or void, such decision will not have the effect of invalidating or voiding the remainder of this
Note, and the parties hereto agree that the provision of this Note so held to be invalid,
unenforceable or void will be deemed to have been stricken herefrom and the remainder will have the
same force and effectiveness as if such provision had never been included herein (provided, however
the parties hereto shall use their best efforts replace the provision so deemed to have been
stricken herefrom with a provision that the parties reasonably believe to be valid and enforceable
and which has a substantially identical economic and legal effect as the provision so deemed to
have been stricken herefrom) or (y) should any part of the indebtedness borrowed pursuant to the
Note not be permitted by applicable law or by the terms of the organizational documents of any
party or any contract or constitute or result in any violation, breach or default of or under, or
which would give another person or persons the right to accelerate the performance of, or the right
to cancel or terminate, or which would result in the loss of any benefit or rights under, any
instrument or agreement, or the creation or imposition of any Lien on any of the Company’s
properties or assets, other than pursuant to the Pledge Agreement (any such contingency, a
“Default”), the Company and the Holder shall use their best efforts to amend, restructure
or modify the indebtedness and the Note in such a manner as to remove all legal impediments and
eliminate all Defaults.

SIGNATURE PAGE FOLLOWS

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          IN WITNESS WHEREOF, the Company has caused this Note to be made, executed and delivered by its
duly authorized officer as of the day and year first written above.

	 	 	 	 	 
	 	TRIAD FINANCIAL HOLDINGS LLC

 	 
	 	By:  	/s/ Daniel D. Leonard
 	 
	 	 	Name:  	Daniel D. Leonard 	 
	 	 	 	 	 

	 	 	 	 	 
	AGREED AND ACKNOWLEDGED:

HUNTER’S GLEN/FORD LTD.

 	 	 
	By:  	Ford Diamond Corporation,
 	 	 
	 	Its general partner 	 	 
	 	 	 	 
	By:  	              /s/ Gary Shultz
 	 	 
	 	Name:  	Gary Shultz 	 	 
	 	Title:  	Vice President 	 	 
	 

HGF Secured Promissory Note — Signature Pageexv10w28

EXHIBIT 10.28

ASSIGNMENT AND ACCEPTANCE

          This Assignment and Acceptance (the “Assignment and Acceptance”) is dated as of the
Effective Date set forth below and is entered into by and between Hunter’s Glen/Ford Ltd. (the
“Assignor”) and GTCR Fund VIII, L.P., Fund VIII/B Triad Splitter, L.P. and GTCR Co-Invest
II, L.P. (collectively, the “Assignee”). Capitalized terms used but not defined herein
shall have the meanings given to them in the Secured Promissory Note identified below (as may be
amended from time to time, the “Promissory Note”), receipt of a copy of which is hereby
acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex I attached
hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment
and Acceptance as if set forth herein in full.

          For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the
Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to
and in accordance with the Standard Terms and Conditions and the Promissory Note, as of the
Effective Date inserted by the Assignor as contemplated below (i) all of the Assignor’s rights and
obligations in its capacity as Holder under the Promissory Note and any other documents or
instruments delivered pursuant thereto to the extent related to the amount and percentage interest
identified below of all such outstanding rights and obligations of the Assignor under the
respective facilities identified below and (ii) to the extent permitted to be assigned under
applicable law, all claims, suits, causes of action and any other right of the Assignor (in its
capacity as Holder) against any person, whether known or unknown, arising under or in connection
with the Promissory Note, any other documents or instruments delivered pursuant thereto or the loan
transactions governed thereby or in any way based on or related to any of the foregoing, including
all claims at law or in equity related to the rights and obligations sold and assigned pursuant to
clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii)
above being referred to herein collectively as the “Assigned Interest”). Such sale and
assignment is without recourse to the Assignor and, except as expressly provided in this Assignment
and Acceptance, without representation or warranty by the Assignor.

	 	1.	 	Assignor: Hunter’s Glen/Ford Ltd.
	 
	 	2.	 	Assignee: GTCR Fund VIII, L.P., Fund VIII/B Triad Splitter, L.P.
and GTCR Co-Invest II, L.P.
	 
	 	3.	 	Borrower: Triad Financial Holdings LLC
	 
	 	4.	 	Promissory Note: The Secured Promissory Note, issued by Triad
Financial Holdings LLC on December 31, 2008 to the Assignor.
	 
	 	6.	 	Assigned Interest:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Aggregate Amount of	 	Amount of	 	 
	 	 	Commitment/Loans for all	 	Commitment/Loans As-	 	Percentage Assigned of
	Assignee	 	Lenders	 	signed	 	Commitment/Loans
	GTCR Fund VIII, L.P.
	 	$	17,000,000	 	 	$	7,198,310	 	 	 	42.343	%
	Fund VIII/B Triad
Splitter, L.P.
	 	$	17,000,000	 	 	$	1,263,270	 	 	 	7.431	%
	GTCR Co-Invest II, L.P.
	 	$	17,000,000	 	 	$	38,420	 	 	 	0.226	%

Effective Date: January 2, 2009.

 

 

The terms set forth in this Assignment and Acceptance are hereby agreed to:

	 	 	 	 	 
	 	 	ASSIGNOR: HUNTER’S GLEN/FORD LTD.
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Gary Schultz
	 

	 	 	 	 
	 

	 	 	 	Name: Gary Schultz
	 

	 	 	 	Title: Vice President
	 
	 	 	 	 
	 	 	ASSIGNEE:
	 
	 	 	 	 
	 	 	GTCR FUND VIII, L.P.
	 
	 	 	 	 
	 

	 	By:
	 	GTCR Partners VIII, L.P.
	 

	 	Its:
	 	General Partner
	 
	 	 	 	 
	 

	 	By:
	 	GTCR Golder Rauner II, L.L.C.
	 

	 	Its:
	 	General Partner
	 
	 	 	 	 
	 

	 	By:
	 	/s/ David A. Donnini
	 

	 	 	 	 
	 

	 	 	 	Name: David A. Donnini
	 

	 	 	 	Its: Principal
	 
	 	 	 	 
	 	 	FUND VIII/B TRIAD SPLITTER, L.P.
	 
	 	 	 	 
	 

	 	By:
	 	GTCR Partners VIII, L.P.
	 

	 	Its:
	 	General Partner
	 
	 	 	 	 
	 

	 	By:
	 	GTCR Golder Rauner II, L.L.C.
	 

	 	Its:
	 	General Partner
	 
	 	 	 	 
	 

	 	By:
	 	/s/ David A. Donnini
	 

	 	 	 	 
	 

	 	 	 	Name: David A. Donnini
	 

	 	 	 	Its: Principal
	 
	 	 	 	 
	 	 	GTCR CO-INVEST II, L.P.
	 
	 	 	 	 
	 

	 	By:
	 	GTCR Golder Rauner II, L.L.C.
	 

	 	Its:
	 	General Partner
	 
	 	 	 	 
	 

	 	By:
	 	/s/ David A. Donnini
	 

	 	 	 	 
	 

	 	 	 	Name: David A. Donnini
	 

	 	 	 	Its: Principal

 

 

Acknowledged by:

TRIAD FINANCIAL HOLDINGS LLC

	 	 	 	 	 
	By:

	 	/s/ Daniel D. Leonard
 

	 	 
	 

	 	Name: Daniel D. Leonard	 	 
	 

	 	 	 	 

 

 

ANNEX I

          Representations and Warranties.

          Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial
owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien,
encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all
action necessary, to execute and deliver this Assignment and Acceptance and to consummate the
transactions contemplated hereby, and (b) assumes no responsibility with respect to (i) any
statements, warranties or representations made in or in connection with the Promissory Note, (ii)
the execution, legality, validity, enforceability, genuineness, sufficiency or value of the
Promissory Note, (iii) the financial condition of the Company, any of its subsidiaries or
affiliates or any other person obligated in respect of any Promissory Note or (iv) the performance
or observance by the Company, any of its subsidiaries or affiliates or any other person of any of
their respective obligations under any Promissory Note.

          Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority,
and has taken all action necessary, to execute and deliver this Assignment and Acceptance and to
consummate the transactions contemplated hereby and to become a Holder under the Promissory Note,
(ii) it satisfies the requirements, if any, specified in the Promissory Note that are required to
be satisfied by it in order to acquire the Assigned Interest and become a Holder, (iii) from and
after the Effective Date, it shall be bound by the provisions of the Promissory Note as Holder
thereunder and by the provisions of the Pledge Agreement, dated as of December 31, 2008, by and
between the Borrower and the Assignor (the “Pledge Agreement”), and, to the extent of the Assigned
Interest, shall have the obligations of a Holder under the Promissory Note and a Beneficiary under
the Pledge Agreement and (iv) it has received a copy of the Promissory Note and the Pledge
Agreement, and such other documents and information as it has deemed appropriate to make its own
credit analysis and decision to enter into this Assignment and Acceptance and to purchase the
Assigned Interest on the basis of which it has made such analysis and decision independently and
without reliance on the Assignor; and (b) agrees that (i) it will, independently and without
reliance on the Assignor and, based on such documentation and information as it shall deem
appropriate at the time, continue to make its own credit decisions in taking or not taking action
under the Promissory Note and the Pledge Agreement, and (ii) it will perform in accordance with
their terms all of the obligations which by the terms of the Promissory Note and the Pledged
Agreement are required to be performed by it as a Holder.

          Payments. From and after the Effective Date, the Company shall make all payments in respect
of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the
Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for
amounts which have accrued from and after the Effective Date.

          General Provisions. This Assignment and Acceptance shall be binding upon, and inure to the
benefit of, the parties hereto and their respective successors and assigns. This Assignment and
Acceptance may be executed in any number of counterparts, which together shall constitute one
instrument. Delivery of an executed counterpart of a signature page of this Assignment and
Acceptance by telecopy shall be effective as delivery of a manually executed counterpart of this
Assignment and Acceptance. This Assignment and Acceptance shall be governed by, and construed in
accordance with, the law of the State of New York.

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