0000899681-07-000750 Sample Contracts

FEDERAL FFELP ORIGINATION AND SERVICING AGREEMENT
Federal Ffelp Origination and Servicing Agreement • November 6th, 2007 • College Loan Corp Trust I • Asset-backed securities • California

THIS AGREEMENT is made and entered into as of November 2, 2007 (this “Agreement”), by and between CLC Servicing, a California corporation, having its principal office in St. Paul, Minnesota (“SERVICER”) and College Loan Corporation Trust I, a Delaware statutory trust, having its principal office in Wilmington, Delaware (“ISSUER”).

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AMENDMENT NO.1 TO ADMINISTRATION AGREEMENT Dated as of November 2, 2007
Administration Agreement • November 6th, 2007 • College Loan Corp Trust I • Asset-backed securities • New York

THIS AMENDMENT No.1, dated as of November 2, 2007 (the "Amendment"), is being executed and delivered by and College Loan Corporation Trust I, as issuer (the "Issuer"), Wilmington Trust Company, as Delaware Trustee (the "Delaware Trustee"), College Loan Corporation, as issuer administrator (the "Issuer Administrator"), and Deutsche Bank Trust Company Americas, as eligible lender trustee and indenture trustee (collectively, the "Trustee"), in order to amend that certain Administration Agreement, dated as of March 1, 2002 (the "Agreement"), among the Issuer, the Trustee, the Issuer Administrator and the Delaware Trustee, by which the parties hereto, in consideration of the mutual promises contained in the Agreement and in this Amendment (the sufficiency, mutuality and adequacy of which are hereby acknowledged), hereby agree as follows. Capitalized terms used but not otherwise defined herein shall have the meanings given to such terms in this Agreement.

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