EX-10.C 5 v97688exv10wc.txt EXHIBIT 10.C EXHIBIT 10(c) NASD SUBORDINATED LOAN AGREEMENT AMENDMENT EXTENDING MATURITY DATE SL-A AGREEMENT BETWEEN: LENDER: SUNAMERICA INC. 1 SunAmerica Center, 1999 Avenue of the Stars, 38th Floor --------------------------------------------------------- (Street Address)
Los Angeles California 90067-6002 ----------- ---------- ---------- (City) (State) (Zip)
AND BROKER-DEALER: SUNAMERICA CAPITAL SERVICES, INC. 733 Third Avenue, 3rd Floor --------------------------- (Street Address)
New York New York 10017 -------- -------- ----- (City) (State) (Zip)
NASD ID Number: 13158 DATE FILED: February 22, 2002 -1- SUBORDINATED LOAN AGREEMENT AMENDMENT EXTENDING MATURITY DATE This AMENDMENT of that certain NASD Subordinated Loan Agreement for Equity Capital SL-5 by and between SunAmerica Inc. (the "Lender") and SunAmerica Capital Services, Inc. (the "Broker-Dealer") effective as of February 21, 2000 ("Subordinated Loan Agreement") is dated as of January 15, 2002 ("Amendment"). In consideration of the sum of $6,000,000.00 (the unpaid principal amount) and subject to the terms and conditions set forth in the Subordinated Loan Agreement approved by the National Association of Securities Dealers, Inc. ("NASD") scheduled to mature on March 31, 2003, bearing Loan Number 10-E-SLA-11151, the Broker-Dealer and the Lender agree to extend the maturity date until March 31, 2004. This Amendment shall not become effective unless and until the NASD has found the Amendment acceptable. The interest rate set forth in the Subordinated Loan Agreement is changed to 4.75% per annum effective as of April 1, 2003. (The signature page follows.) -2- IN WITNESS WHEREOF the parties have set their hands and seal this 15th day of January, 2002.
BROKER-DEALER: SUNAMERICA CAPITAL SERVICES, INC. [Seal] By: /s/ Debbie Potash Turner ------------------------------- Name: Debbie Potash Turner Title: Chief Financial Officer LENDER SUNAMERICA INC. [Seal] By: /s/ James R. Belardi ------------------------------- Name: James R. Belardi Title: Executive Vice President FOR NASD USE ONLY ACCEPTED BY: /s/ Gerald Daugherty --------------------------- (Name) Assistant Director --------------------------- (Title) EFFECTIVE DATE: MAR 31 2003 ------------------------- LOAN NUMBER: 10-E-SLA-11151 ----------------------------
