CANTOR FITZGERALD, L.P.
Exhibit 4.3
XXXXXX XXXXXXXXXX, X.X.
000 XXXX XXXXXX
NEW YORK, NEW YORK 10022
April 1, 2008
000 Xxxxx Xxxxxx
New York, NY 10338
Re: Guaranty of BGC Partners, Inc. dated as of March 31, 2008
Ladies and Gentlemen:
This letter serves to memorialize the understanding of BGC Partners, Inc. (the “Guarantor”) and Xxxxxx Xxxxxxxxxx, X.X. (the “Company”) with respect to the Guaranties, each dated as of March 31, 2008, whereby each of the Company and the Guarantor has unconditionally guaranteed the notes being issued to certain holders pursuant to the Note Purchase Agreement, dated as of March 31, 2008, among BGC Partners, L.P. and such holders. The Company hereby agrees that in the event the Guarantor pays any amounts in respect of its obligations under the Guaranty provided by it, the Company shall immediately reimburse the Guarantor for the amount paid in cash by wire transfer of immediately available funds.
If this letter accurately reflects our understanding of the matters addressed herein, kindly countersign this letter in the space provided below.
| Very truly yours, | ||||||||||
| Xxxxxx Xxxxxxxxxx, X.X. | ||||||||||
| By: | /s/ Xxxxxxx Xxxxxx |
|||||||||
| Name: | Xxxxxxx Xxxxxx | |||||||||
| Title: | Executive Managing Director, General Counsel and Secretary | |||||||||
| Acknowledged and Agreed: | ||||||||||
| BGC Partners, Inc. | ||||||||||
| By: | /s/ Xxxxxxx Xxxxxx |
|||||||||
| Name: | Xxxxxxx Xxxxxx | |||||||||
| Title: | Executive Managing Director, General Counsel and Secretary | |||||||||
