0001104659-09-005406 Sample Contracts

January 28, 2009 VIA TELECOPY Greenwood Financial Inc. c/o Orleans Homebuilders, Inc. Bensalem, Pennsylvania 19020 Attention: Garry P. Herdler
Orleans Homebuilders Inc • January 30th, 2009 • Operative builders • Pennsylvania

Re: Second Amended and Restated Revolving Credit Loan Agreement dated as of September 30, 2008 (the “Agreement”) by and among Greenwood Financial Inc. (“Master Borrower”), the entities identified on Schedule “A” attached hereto (together with the Master Borrower, the “Borrowers”), Orleans Homebuilders, Inc. (the “Guarantor”, and together with the Borrowers, the “Obligors”), the Lenders that are parties hereto (the “Lenders”), and Wachovia Bank, National Association, as Agent for the Lenders (“Agent”).

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