Common use of Employment; Noncompetition; Nondisclosure Clause in Contracts

Employment; Noncompetition; Nondisclosure. The Manager has not been notified that any executive officer or key employee of the Company, the Manager or Angelo, Gordon, or a significant number of the RMBS or CMBS members of the investment teams of the Company, the Manager or Xxxxxx, Xxxxxx plan to terminate his, her or their employment with his, her or their current employer. Neither the Manager, Angelo, Gordon, nor any executive officer or key employee of the Manager or Xxxxxx, Xxxxxx is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by the present or proposed business activities of the Company, the Manager or Xxxxxx, Xxxxxx as described in the Management Agreement, the Registration Statement, the General Disclosure Package or the Prospectus.

Employment; Noncompetition; Nondisclosure. The Except as would not be material to the Company, the Manager has not been notified that any executive officer or key employee of the Company, the Manager or AngeloXxxxxx, GordonXxxxxx, or a significant number of the members of the RMBS or CMBS members of the investment teams of the Company, the Manager or Xxxxxx, Xxxxxx plan to terminate his, her or their employment with his, her or their current employer. Neither the Manager, AngeloXxxxxx, GordonXxxxxx, nor any executive officer or key employee of the Manager or Xxxxxx, Xxxxxx is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by the present or proposed business activities of the Company, the Manager or Xxxxxx, Xxxxxx as described in the Management Agreement, the Registration Statement, the General Disclosure Package or the Prospectus.

Employment; Noncompetition; Nondisclosure. The Except as would not be material to the Company, the Manager has not been notified that any executive officer or key employee of the Company, the Manager or AngeloXxxxxx, GordonXxxxxx, or a significant number of members of the RMBS or CMBS members of the investment teams of the Company, the Manager or Xxxxxx, Xxxxxx plan to terminate his, her or their employment with his, her or their current employer. Neither the Manager, AngeloXxxxxx, GordonXxxxxx, nor any executive officer or key employee of the Manager or Xxxxxx, Xxxxxx is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by the present or proposed business activities of the Company, the Manager or Xxxxxx, Xxxxxx as described in the Management Agreement, the Registration Statement, the General Disclosure Package or the Final Prospectus.

Employment; Noncompetition; Nondisclosure. The Manager has not been notified that any executive officer or key employee of the Company, the Manager or Angelo, Gordon, or a significant number of members of the RMBS or CMBS members of the investment teams of the Company, the Manager or Xxxxxx, Xxxxxx plan to terminate his, her or their employment with his, her or their current employer. Neither the Manager, Angelo, Gordon, nor any executive officer or key employee of the Manager or Xxxxxx, Xxxxxx is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by the present or proposed business activities of the Company, the Manager or Xxxxxx, Xxxxxx as described in the Management Agreement, the Registration Statement, the General Disclosure Package or the Prospectus.

Employment; Noncompetition; Nondisclosure. The Except as would not be material to the Company, the Manager has not been notified that any executive officer or key employee of the Company, the Manager or Angelo, Gordon, or a significant number of members of the RMBS or CMBS members of the investment teams of the Company, the Manager or Xxxxxx, Xxxxxx plan to terminate his, her or their employment with his, her or their current employer. Neither the Manager, Angelo, Gordon, nor any executive officer or key employee of the Manager or Xxxxxx, Xxxxxx is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by the present or proposed business activities of the Company, the Manager or Xxxxxx, Xxxxxx as described in the Management Agreement, the Registration Statement, the General Disclosure Package or the Final Prospectus.