RBC CS and Paulson have agreed to amend the Agreement in the following manner:Paulson Capital Corp • May 14th, 2010 • Security brokers, dealers & flotation companies
Contingent on signing a one (l) year contract extension to your current clearing agreement, RBC CS will place an incentive credit of $250,000 in your firm’s settlement account within 5 business days of signing this amendment.
SETTLEMENT AGREEMENT, RELEASE AND AMENDMENT TO CLEARING AGREEMENTSettlement Agreement • May 14th, 2010 • Paulson Capital Corp • Security brokers, dealers & flotation companies
This Settlement Agreement, Release and Amendment (this “Agreement”) is made and entered into as of October 3, 2008 by and between RBC Correspondent Services, a division of RBC Capital Markets Corporation, a Minnesota corporation formerly known as RBC Dain Rauscher Inc. (“RBC CS”), and Paulson Investment Company, Inc. (“Correspondent”).
