Amendment AgreementEmployment Agreement • January 5th, 2005 • Education Lending Group Inc • Personal credit institutions • Delaware
Amendment Agreement (the “Amendment Agreement”), effective as of January 4, 2005, by and between Educational Lending Group, Inc., formerly known as Direct III Marketing, Inc. (“EDLG”) and Robert deRose (“Executive”).
On Education Lending Group, Inc. Letterhead]Merger Agreement • January 5th, 2005 • Education Lending Group Inc • Personal credit institutions
This letter is being written to you in connection with the execution of an Agreement and Plan of Merger (the “Merger Agreement”) between and among Education Lending Group, Inc. (“EDLG”), CIT Group Inc. (“CIT”), and a wholly-owned subsidiary of CIT. You and we have agreed that if the acquisition of EDLG by CIT in the manner contemplated by the Merger Agreement occurs, you will continue in your current position as Executive Vice President and Chief Marketing Officer of EDLG generally on the same basis as governs your current employment but with the additional terms specified below in this letter. Assuming you agree that this letter correctly sets forth the relationship between you and EDLG that we have agreed upon, you should countersign both original copies of this letter in the place provided, retain one fully executed copy for your records and return the other copy to me.
EDUCATION LENDING GROUP, INC. and American Stock Transfer & Trust Company Rights Agent Rights Agreement Dated as of January 4, 2005Rights Agreement • January 5th, 2005 • Education Lending Group Inc • Personal credit institutions • Delaware
RIGHTS AGREEMENT, dated as of January 4, 2005 (this “Agreement”), between Education Lending Group, Inc., a Delaware corporation (the “Company”), and American Stock Transfer & Trust Company, a New York corporation (the “Rights Agent”).
On Education Lending Group, Inc. Letterhead]Employment Agreement • January 5th, 2005 • Education Lending Group Inc • Personal credit institutions
This letter is being written to you in connection with the execution of an Agreement and Plan of Merger (the “Merger Agreement”) between and among Education Lending Group, Inc. (“EDLG”), CIT Group Inc. (“CIT”), and a wholly-owned subsidiary of CIT. You and we have agreed that if the acquisition of EDLG by CIT in the manner contemplated by the Merger Agreement occurs, you will continue in your current position as Executive Vice President and Chief Financial Officer of EDLG on the terms and conditions specified in your current employment agreement which was entered into between you and EDLG, under its former name, Direct III Marketing, on September 15, 2001 (the “Employment Agreement”), with the amendments made below in this letter. Assuming you agree that this letter correctly sets forth the matters we have agreed upon, you should countersign both original copies of this letter in the place provided, retain one fully executed copy for your records and return the other copy to me.
On Education Lending Group, Inc. Letterhead]Employment Agreement • January 5th, 2005 • Education Lending Group Inc • Personal credit institutions
This letter is being written to you in connection with the execution of an Agreement and Plan of Merger (the “Merger Agreement”) between and among Education Lending Group, Inc. (“EDLG”), CIT Group Inc. (“CIT”), and a wholly-owned subsidiary of CIT. You and we have agreed that if the acquisition of EDLG by CIT in the manner contemplated by the Merger Agreement occurs, you will continue in your current position as President and Chief Executive Officer of Student Loan Xpress, Inc. generally on the same basis as governs your current employment but with the additional terms specified below in this letter. Assuming you agree that this letter correctly sets forth the relationship between you and EDLG that we have agreed upon, you should countersign both original copies of this letter in the place provided, retain one fully executed copy for your records and return the other copy to me.
AGREEMENT AND PLAN OF MERGER dated as of January 4, 2005 among EDUCATION LENDING GROUP, INC., CIT GROUP INC., and CIT ELG CORPORATIONAgreement and Plan of Merger • January 5th, 2005 • Education Lending Group Inc • Personal credit institutions • Delaware
THIS AGREEMENT AND PLAN OF MERGER, dated as of January 4, 2005 (this “Agreement”), is among Education Lending Group, Inc., a Delaware corporation (the “Company”), CIT Group Inc., a Delaware corporation (“Parent”), and CIT ELG Corporation, a Delaware corporation (“Merger Sub”).
