0000950133-03-000804 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 17th, 2003 • Portfolio Recovery Associates Inc • Services-consumer credit reporting, collection agencies • Delaware

This EMPLOYMENT AGREEMENT (the “Agreement”) is dated as of December 8, 2002 by and between PORTFOLIO RECOVERY ASSOCIATES, INC., a Delaware corporation (the “Company”), and Judith S. Scott (“Employee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • March 17th, 2003 • Portfolio Recovery Associates Inc • Services-consumer credit reporting, collection agencies • Delaware

This EMPLOYMENT AGREEMENT (the “Agreement”) is dated as of December 20, 2002 by and between PORTFOLIO RECOVERY ASSOCIATES, INC., a Delaware corporation (the “Company”), and Andrew J. Holmes (“Employee”).

December 18, 2002 First Amendment to Loan and Security Agreement
Loan and Security Agreement • March 17th, 2003 • Portfolio Recovery Associates Inc • Services-consumer credit reporting, collection agencies • New York

This First Amendment to Loan and Security Agreement (the “LSA”), dated September 18, 2001, among PRA III, LLC, “Borrower”), WESTSIDE FUNDING CORPORATION (the “Lender”) and PORTFOLIO RECOVERY ASSOCIATES, L.L.C., PRA RECEIVABLES MANAGEMENT, LLC (d/b/a ANCHOR RECEIVABLES MANAGEMENT), PRA II, LLC and PRA HOLDING I, LLC (each a “Guarantor” and collectively, the “Guarantors”) is entered into this eighteenth day of December 2002.

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