EXHIBIT 10.24(b)
[AAMES FINANCIAL CORPORATION LETTERHEAD]
July 12, 2000
Specialty Finance Partners
00 Xxxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Re: AMENDMENT OF REGISTRATION RIGHTS AGREEMENT
Gentlemen:
The Registration Rights Agreement, entered into between Aames Financial
Corporation (the "COMPANY") and Specialty Finance Partners, as successor in
interest to Capital Z Financial Services Fund II, L.P., dated as of December 23,
1998 is hereby amended such that the definition of "Preferred Stock" shall be
deemed to include any shares of the Company's Series D Convertible Preferred
Stock, par value $0.001 per share, issued pursuant to that certain Preferred
Stock Purchase Agreement, dated as of May 21, 2000, as amended.
[Signature Page to Follow]
Very truly yours,
AAMES FINANCIAL CORPORATION
/s/ A. Xxx Xxxxxxxx
A. Xxx Xxxxxxxx
Chief Executive Officer
ACCEPTED AND AGREED:
SPECIALTY FINANCE PARTNERS
By: /s/ CAPITAL Z FINANCIAL SERVICE FUND, II, L.P., A GENERAL PARTNER
By: CAPITAL Z PARTNERS, LTD, 1B ULTIMATE GENERAL PARTNER
Its: XXXXX X. XXXXXX
Xxxxx X Xxxxxx
General Counsel
