0001104659-06-075540 Sample Contracts

AMENDMENT NO. 3 TO STOCKHOLDERS AGREEMENT
Stockholders Agreement • November 15th, 2006 • ACA Capital Holdings Inc • Surety insurance • Delaware

This AMENDMENT NO. 3, dated as of November 9, 2006 (this “Amendment No. 3”), to the STOCKHOLDERS AGREEMENT, dated as of September 30, 2004 (the “Stockholders Agreement”), is among ACA Capital Holdings, Inc., a Delaware corporation (the “Company”), and the stockholders of the Company listed on the signature pages hereto.

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