REVOLVING NOTE AND CASH SUBORDINATION AGREEMENTRevolving Note and Cash Subordination Agreement • October 29th, 2014 • JMP Group LLC • Security brokers, dealers & flotation companies • California
THIS AGREEMENT is entered into this 8th day of April 2011, between City National Bank, a national banking association (the “Lender”) and JMP Securities LLC, a Delaware limited liability company (the “Broker/Dealer”). This Agreement shall not be effective or deemed to constitute a satisfactory subordination agreement under Appendix D to Rule 15c3-1 under the Securities Exchange Act of 1934, as amended (the “Act” or “SEA”), unless and until the Financial Industry Regulatory Authority (“FINRA”) has found the Agreement acceptable as to form and content.
