0001144204-09-023255 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • April 30th, 2009 • Novastar Financial Inc • Real estate investment trusts • Missouri

THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of the 26th day of April, 2009 (the “Effective Date”), by and among NovaStar Financial, Inc., a Maryland corporation (“Buyer”), Advent Financial Services, LLC, a Delaware limited liability company (the “Company”), and Mark A. Ernst (“Ernst”). Buyer, Company and Ernst shall each be referred to herein as a “Party” and collectively as the “Parties”.

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