0000950123-10-090520 Sample Contracts

DEFERRED PAYMENT AGREEMENT
Deferred Payment Agreement • October 1st, 2010 • Franklin Credit Holding Corp/De/ • Finance services • Ohio

This Deferred Payment Agreement (the “Agreement”) is made this 22nd day of September, 2010, by and among The Huntington National Bank, a national banking association, in its capacity as Administrative Agent under the Legacy Credit Agreement (as defined below) (“Huntington”), Franklin Credit Management Corporation, a Delaware corporation, or any successor-in-interest thereto (“FCMC”) and Thomas J. Axon (“Axon”).

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