Attention: Thomas Thurston and Buy Back/Institutional Trade Desk Re: Purchase of Common Stock Pursuant to Rule 10b5-1 and 10b-18Purchase Agreement • November 9th, 2006 • Tradestation Group Inc • Security brokers, dealers & flotation companies
This letter (the “Agreement”) is to confirm Sandler O’Neill & Partners, L.P.’s (the “Agent”) appointment as agent for TradeStation Group, Inc., a Florida corporation and NASDAQ GS-listed company (the “Company”), to purchase shares of its common stock, $.01 value (the “Common Stock”). It is understood that in connection with the making of these purchases, the Agent will be acting as agent for the Company. The terms of the Agreement will be as follows:
