ABS Purchase AgreementAbs Purchase Agreement • December 4th, 2007 • E Trade Financial Corp • Savings institution, federally chartered • New York
Contract Type FiledDecember 4th, 2007 Company Industry JurisdictionThis Agreement (this “Agreement”), dated as of November 29, 2007, constitutes the understanding and agreement by and among Citadel Equity Fund Ltd. (“CEFL”), an affiliate of Citadel Limited Partnership (“Citadel”), E*TRADE Bank (the “Bank”), E*TRADE Global Asset Management, Inc. (“ETGAM”, and together with the Bank, the “Sellers”), and E*TRADE Financial Corporation (the “Company”) regarding the acquisition by CEFL of all of the Sellers’ Asset-Backed Securities (“ABS”) portfolio (including CMOs, CDOs and other asset-backed instruments) listed on Schedule A hereto (the “Portfolio”, and each line-item of which is a “Position”).