ESCROW TERMINATION AGREEMENT Enterprise Acquisition Corporation 6800 Broken Sound Parkway Suite 200 Boca Raton, Florida 33487 July 29, 2009Escrow Termination Agreement • November 12th, 2009 • Armour Residential REIT, Inc. • Real estate investment trusts
Pursuant to paragraph 1(i) of the Investment Management Trust Agreement between Enterprise Acquisition Corp. ("Company") and Continental Stock Transfer & Trust Company ("Trustee"), dated as of November 7, 2007 ("Trust Agreement"), this is to advise you that the Company has entered into an agreement ("Business Agreement") with ARMOUR Residential REIT, Inc. ("Target Business") to consummate a business combination with Target Business ("Business Combination") on or prior to November 7, 2009. The Company shall notify you at least 48 hours in advance of the actual date of the consummation of the Business Combination ("Consummation Date").
