0000950123-08-000112 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • January 7th, 2008 • PHH Corp • Miscellaneous business credit institution • New York

This Settlement Agreement (the “Settlement Agreement”) is made as of January 4, 2008 by, between, and among PHH Corporation (the “Company”), on the one hand, and Pearl Mortgage Acquisition 2 L.L.C. (“Pearl”) and Blackstone Capital Partners V. L.P. (“BCP V” and, with Pearl, the “Blackstone Entities”), on the other hand.

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