SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 30th, 2009 • Novastar Financial Inc • Real estate investment trusts • Missouri
Contract Type FiledApril 30th, 2009 Company Industry JurisdictionTHIS 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”.