0000950159-07-001549 Sample Contracts

Contract
Amended and Restated Series 2006-2 Indenture Supplement • December 6th, 2007 • PHH Corp • Miscellaneous business credit institution • New York

SECOND AMENDMENT, dated as of November 30, 2007 (this “Second Amendment”), among Chesapeake Funding LLC (the “Issuer”), PHH Vehicle Management Services, LLC, as administrator (the “Administrator”), the several commercial paper conduits listed as CP Conduit Purchasers on the signature pages of this Second Amendment (the “CP Conduit Purchasers”), the banks listed as APA Banks on the signature pages of this Second Amendment (the “APA Banks”), the agent banks listed as Funding Agents on the signature pages of this Second Amendment (the “Funding Agents”), JPMorgan Chase Bank, N.A., in its capacity as administrative agent (the “Administrative Agent”) for the CP Conduit Purchasers, the APA Banks and the Funding Agents, and The Bank of New York, as Indenture Trustee (the “Indenture Trustee”), to the Amended and Restated Series 2006-2 Indenture Supplement, dated as of December 1, 2006, as amended as of March 6, 2007 (the “Indenture Supplement”), among the Issuer, the Administrator, the several

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