FIRST AMENDMENT TO PURCHASE AND PUT AGREEMENT MFC GLOBAL INVESTMENT MANAGEMENT (U.S.), LLC 101 HUNTINGTON AVENUE BOSTON, MA 02199 OPPENHEIMER CHAMPION INCOME FUND OPPENHEIMER STRATEGIC INCOME FUND OPPENHEIMER STRATEGIC BOND FUND / VA OPPENHEIMER HIGH...

Exhibit 10.10

FIRST AMENDMENT TO PURCHASE AND PUT AGREEMENT

MFC GLOBAL INVESTMENT MANAGEMENT (U.S.), LLC
000 XXXXXXXXXX XXXXXX
XXXXXX, XX 00000

XXXXXXXXXXX CHAMPION INCOME FUND
XXXXXXXXXXX STRATEGIC INCOME FUND
XXXXXXXXXXX STRATEGIC BOND FUND / VA
XXXXXXXXXXX HIGH INCOME FUND / VA
0000 XXXXX XXXXXX XXX
XXXXXXXXXX, XX 00000

ING XXXXXXXXXXX STRATEGIC INCOME PORTFOLIO
0000 XXXX XXXXXXXXXX XXXXX XXXX
XXXXXXXXXX, XX 00000

BRIGADE CAPITAL MANAGEMENT
000 XXXX XXXXXX, 00XX XXXXX
XXX XXXX, XX 00000

SOLA LTD.
SOLUS CORE OPPORTUNITIES MASTER FUND LTD
C/O SOLUS ALTERNATIVE ASSET MANAGEMENT LP
000 XXXX XXXXXX, 0XX XXXXX
XXX XXXX, XXX XXXX 00000

JANUARY 11, 2010

Each of the purchasers signatory hereto (each a “Purchaser” and, collectively the “Purchasers”) have entered into this First Amendment to Purchase and Put Agreement (this “Amendment”) on January 11, 2010 and this Amendment amends that certain Purchase and Put Agreement, dated November 2, 2009, by and among the Purchasers (the “Existing Purchase Letter” and together with the exhibits, schedules and annexes thereto and, as amended by this Amendment, the “Purchase Letter”). Capitalized terms used but not defined herein shall have the same meanings ascribed to such terms in the Existing Purchase Letter.

Whereas, pursuant to Section 7 of the Existing Purchase Letter, the Purchasers desire to amend the Existing Purchase Letter as hereinafter set forth,

Now, therefore, for good and valuable consideration the Purchasers agree among themselves as follows:

               1. Amendments to Existing Purchase Letter.

                    (a) Clause (a) of the fourth paragraph is hereby amended by deleting the word “$400,000,000” and replacing it with “approximately $385,000,000.”

                    (b) Clause (i) of Section 1(b) is hereby amended by deleting the phrase “and shareholders agreement” therefrom.

                    (c) Clause (iii) of Section 1(b) is hereby amended and restated in its entirety as follows:

          “(iii) the occurrence of the Closing Date (as defined in Exhibit A hereto) on or before 5:00 pm New York City time on June 30, 2010 (such date, as the same may be extended by the Purchasers in their sole discretion in writing, the “Purchase and Put Agreement Expiration Date”).”

                    (d) The first sentence of Section 7 is hereby amended by inserting the phrase “and Greektown Holdings, L.L.C.” at the end thereof.

                    (e) The final sentence of Section 7 is hereby amended and restated in its entirety as follows:

                    “To be effective, a waiver must be set forth in writing signed by the waiving party and, to the extent that such waiver is adverse to the interests of Greektown Holdings, L.L.C., Greektown Holdings, L.L.C. and must specifically refer to this Purchase Letter and the breach or provision being waived.”

                    (f) The table labeled “Certain Additional Provisions” in Exhibit A to the Existing Purchase Letter is herby amended by deleting the phrase “Principal Amount: $400,000,000” and replacing it with “Principal Amount: approximately $385,000,000”.

                    (g) Exhibit B to the Existing Purchase Letter is hereby amended by (i) deleting in subparagraph 1. the phrase “aggregate principal amount of $400.0 million” and replacing it with “aggregate principal amount of $385.0 million”, (ii) deleting in subparagraph 1. the phrase “no less than $400.0 million” and replacing it with “approximately $385.0 million”, and (ii) inserting in subparagraph 3. the phrase “up to” before the word “$400.0 million”.

                    (h) Exhibit D to the Existing Purchase Letter is hereby amended by (i) deleting clauses 1), 2), 4), 5), 10), 11), 15), and 18) in their entirety; (ii) deleting in subparagraph 6) the phrase “the date that is seventy (70) days from the Filing Date” and replacing it with “January 19, 2010”; (iii) deleting in subparagraph 12) the phrase “the date that is thirty (30) days from the date upon which the Confirmation Order is entered Confirming the Plan” and replacing it with “June 30, 2010”; and (iv) deleting in subparagraph 13) the references to subparagraphs 1), 2), 4) and 5).

               2. Agreement. Except as expressly set forth herein, the terms and provisions of the Existing Purchase Letter shall remain in full force and effect.

               3. Governing Law. This Amendment will be governed by, and construed in accordance with, the laws of the State of New York, including, without limitation, Section 5-1401 of the New York General Obligations Law.

               4. Miscellaneous. This Amendment may be executed in one or more counterparts, each of which will be deemed an original, but all of which taken together will constitute one and the same

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instrument. Delivery of an executed signature page of this Amendment by facsimile, PDF, or other electronic transmission will be effective as delivery of a manually executed counterpart hereof.

[Remainder of page intentionally blank]

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          In witness whereof, the parties have executed this agreement on the day first above written.

	XXXX XXXXXXX STRATEGIC INCOME FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX TRUST STRATEGIC INCOME TRUST
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX FUNDS II STRATEGIC INCOME FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX HIGH YIELD FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX TRUST HIGH INCOME TRUST
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer

Signature page to First Amendment to Purchase Letter

	XXXX XXXXXXX FUNDS II HIGH INCOME FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX XXXX FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX INCOME SECURITIES TRUST
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX INVESTORS TRUST
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX FUNDS III LEVERAGED COMPANIES FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	XXXX XXXXXXX FUNDS II ACTIVE BOND FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer

Signature page to First Amendment to Purchase Letter

	XXXX XXXXXXX FUNDS TRUST ACTIVE BOND TRUST
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	MANULIFE GLOBAL FUND U.S. BOND FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	MANULIFE GLOBAL FUND SPECIAL OPPORTUNITIES FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	MANULIFE GLOBAL FUND STRATEGIC INCOME
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer
	MIL STRATEGIC INCOME FUND
	By:
		Name: Xxxxx Xxxxxxx
		Title: VP & Chief Administrative Officer

Signature page to First Amendment to Purchase Letter

	XXXXXXXXXXX CHAMPION INCOME FUND
	By: Xxxxxxxxxxx Funds, Inc. as investment advisor thereto
	By:
		Name: Xxxxxxxx Xxx
		Title:   XX
	XXXXXXXXXXX STRATEGIC INCOME FUND
	By: Xxxxxxxxxxx Funds, Inc. as investment advisor thereto
	By:
		Name: Xxxxxxxx Xxx
		Title:   XX
	XXXXXXXXXXX STRATEGIC BOND FUND / VA
	By: Xxxxxxxxxxx Funds, Inc. as investment advisor thereto
	By:
		Name: Xxxxxxxx Xxx
		Title:   XX
	XXXXXXXXXXX HIGH INCOME FUND / VA
	By: Xxxxxxxxxxx Funds, Inc. as investment advisor thereto
	By:
		Name: Xxxxxxxx Xxx
		Title:   VP

Signature page to First Amendment to Purchase Letter

	ING XXXXXXXXXXX STRATEGIC INCOME PORTFOLIO
	By: Xxxxxxxxxxx Funds, Inc. as investment advisor thereto
	By:
		Name: Xxxxxxxx Xxx
		Title:   VP

Signature page to First Amendment to Purchase Letter

	BRIGADE CAPITAL MANAGEMENT
	By:
		Name: Xxx Xxxxxx
		Title:   Managing Partner

Signature page to First Amendment to Purchase Letter

	SOLA LTD
	By:
		Name: Xxxxxxxxxxx Xxxxxxx
		Title:   Director
	SOLUS CORE OPPORTUNITIES MASTER FUND LTD
	By:
		Name: Xxxxxxxxxxx Xxxxxxx
		Title:   Director

Signature page to First Amendment to Purchase Letter