WOODSIDE AGENCY SERVICES, LLC Burlington, MA 01803Fee Arrangements • April 30th, 2010 • National Investment Managers Inc. • Investment advice • Massachusetts
We refer to (a) that certain Securities Purchase and Loan Agreement, dated as of November 30, 2007 (as amended, modified, or supplemented from time to time, the “Securities Purchase Agreement”), by and among, inter alios, Woodside Capital Partners IV, LLC (“Woodside IV”), Woodside Capital Partners IV QP, LLC (“Woodside IV QP”), Woodside Capital Partners V, LLC, as assignee of Lehman Brothers Commercial Bank (“Woodside V”), Woodside Capital Partners V QP, LLC, as assignee of Lehman Brothers Commercial Bank (“Woodside V QP”, and together with Woodside V, the “Assignees”) (Woodside IV, Woodside IV QP, Woodside V and Woodside V QP are collectively referred to herein as the “Holders”), Woodside Agency Services, LLC, as Collateral Agent, and National Investment Managers Inc. (the “Company”); (b) that certain Amendment No. 8 to Securities Purchase and Loan Agreement, dated as of April 26, 2010 (the “Forbearance Agreement”), by and among, inter alios, the Holders, the Company and Woodside Agen
