WAIVER OF CERTAIN REQUIREMENTS UNDER SECTIONS 2.2.3 and 3.2 OF THE MANAGEMENT AGREEMENTWaiver of Certain Requirements • July 22nd, 2015 • RiverBanc Multifamily Investors, Inc. • Real estate investment trusts
THIS WAIVER OF CERTAIN REQUIREMENTS UNDER SECTIONS 2.2.3 and 3.2 OF THE MANAGEMENT AGREEMENT (this “Waiver”) is made and effective as of June 30, 2015, by and among New York Mortgage Trust, Inc., a Maryland corporation (the “Company”), RB Commercial Mortgage LLC, a Delaware limited liability company (“RB”), RiverBanc LLC, a North Carolina limited liability company (the “Manager”) and RiverBanc Multifamily Investors, Inc., a Maryland corporation (“RMI”). Capitalized terms not defined herein have the meanings specified in that certain Amended and Restated Management Agreement, dated as of March 13, 2013 (the “NYMT Management Agreement”), by and between the Company, RB and the Manager.
