SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 29th, 2009 • RAIT Financial Trust • Real estate investment trusts • New York
Each of the sellers listed in Exhibit A hereto (each, a “Seller,” and collectively, the “Sellers”) owns the securities listed opposite their respective name in Exhibit A hereto (the “Securities”). The Sellers propose to sell to Dynamic Credit Partners LLC (the “Purchaser”) all of the Securities free and clear of any liens, and the Purchaser proposes to buy the Securities, pursuant to the terms and conditions set forth in this Securities Purchase Agreement (this “Agreement”). The Securities have not been registered under the Securities Act of 1933, as amended (the “1933 Act”). No party has any obligation to register any Securities under the 1933 Act and will not do so.
