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0001493152-17-013691 Sample Contracts

Ladenburg Thalmann Financial Services Inc. and U.S. Bank National Association, as Trustee FIRST SUPPLEMENTAL INDENTURE Dated as of November 21, 2017 to the Indenture dated as of November 21, 2017 6.50% Senior Notes due 2027
First Supplemental Indenture • November 21st, 2017 • Ladenburg Thalmann Financial Services Inc. • Security brokers, dealers & flotation companies • New York

FIRST SUPPLEMENTAL INDENTURE (this “First Supplemental Indenture”), dated as of November 21, 2017, between Ladenburg Thalmann Financial Services Inc., a Florida corporation (the “Company”), and U.S. Bank National Association, as trustee (the “Trustee”).

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