DISTRIBUTION AGREEMENT ANDSettlement Agreement • June 15th, 2009 • California
Contract Type FiledJune 15th, 2009 JurisdictionThis Distribution Agreement and Declaration of Trust (the "Agreement) is entered into as of June 15, 2009, by and among QHL Holdings, Fund Ten, LLC, a California limited liability company ("Fund Ten"), Golden State TD Investments, LLC, a California limited liability company ("Golden State"), California TD Investments, LLC, a California limited liability company ("Cal TD"), Fund Ten and Golden State, as co-trustees under this Agreement (hereinafter jointly and severally referred to as the "Trustee"), and Marc Forman and Marc Sobel not in their individual capacities but solely in their capacities as representatives of the "Class " as hereinafter defined (the "Class Representatives") pursuant to the terms of that certain Settlement Agreement dated as of November 11, 2008 (the "Settlement Agreement"), by and among Quality Home Loans, a California Corporation ("QHL") by and through David Gould in his capacity as the duly appointed Chapter 11 Trustee for QHL (the "QHL Trustee"), Fund Ten, Go