0000950123-06-002448 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • March 1st, 2006 • Crystal River Capital, Inc. • Real estate investment trusts • New York

This Registration Rights Agreement (this “Agreement”) is dated as of March 15, 2005, by and among Crystal River Capital, Inc., a Maryland corporation (the “Company”), Deutsche Bank Securities Inc. (“Deutsche Bank”) and Wachovia Capital Markets, LLC (“Wachovia” and, together with Deutsche Bank the “Initial Purchasers”) and Hyperion Crystal River Capital Advisors, LLC, a Delaware limited liability company (“Hyperion Crystal River”) for the benefit of the Initial Purchasers and the Holders (as defined below) .

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