JOINDER AGREEMENTJoinder Agreement • July 7th, 2008 • Stewart W P & Co LTD • Security brokers, dealers & flotation companies
This Joinder Agreement (“Agreement”) is made effective July 7, 2008, by and among W.P. STEWART & CO., LTD., a Bermuda exempted company (the “Company”), ARROW OFFSHORE, LTD, a Cayman Islands exempted company (“Arrow Offshore”), ARROW PARTNERS LP, a Delaware limited partnership (“Arrow Partners”), ARROW MASTERS LP, a Delaware limited partnership (“Arrow Masters” and collectively with Arrow Offshore and Arrow Partners, the “Original Investors”), and ARROW OPPORTUNITIES I, LLC, a Delaware limited liability company (“Arrow Opportunities Delaware”) and ARROW OPPORTUNITIES I, LTD., a Cayman Islands exempted company (“Arrow Opportunities Cayman” and collectively with the Original Investors, the “Investors”).
JOINDER AND AMENDMENT NO. 1 TO INVESTMENT AGREEMENTInvestment Agreement • July 7th, 2008 • Stewart W P & Co LTD • Security brokers, dealers & flotation companies
JOINDER AND AMENDMENT NO. 1 TO INVESTMENT AGREEMENT, dated as of July 7, 2008 (this “Amendment”), among ARROW OFFSHORE, LTD, a Cayman Islands exempted company (“Arrow Offshore”), ARROW PARTNERS LP, a Delaware limited partnership (“Arrow Partners”), and ARROW MASTERS LP, a Delaware limited partnership (“Arrow Masters” and collectively with Arrow Offshore and Arrow Partners, the “Original Purchasers”), and ARROW OPPORTUNITIES I, LLC, a Delaware limited liability company (“Arrow Opportunities Delaware”), ARROW OPPORTUNITIES I, LTD., a Cayman Islands exempted company (“Arrow Opportunities Cayman” and collectively with Arrow Opportunities Delaware and the Original Purchasers, the “Purchasers”) and W.P. STEWART & CO., LTD., a Bermuda exempted Company (the “Company”). Arrow Opportunities Delaware and Arrow Opportunities Cayman are hereinafter together referred to as the “Arrow Opportunities Funds” or singly as an “Arrow Opportunities Fund”.
