Termination of Equity Distribution Agreement between BofI Holding, Inc., BOFI Federal Bank, and Raymond James & Associates, Inc.

Contract Categories: Business Finance › Equity Distribution Agreements
Summary

Raymond James & Associates, Inc. has notified BofI Holding, Inc. and BOFI Federal Bank that it is terminating the Equity Distribution Agreement originally signed on March 11, 2013. The termination is effective as of July 22, 2014, in accordance with the terms of the agreement. This notice formally ends Raymond James's participation in the equity distribution arrangement with the other parties.

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EX-1.2 3 exhibit20140722edaterm.htm TERMINATION OF EQUITY DISTRIBUTION AGREEMENT DATED MARCH 11, 2013 Exhibit 2014.07.22 EDA Term


Exhibit 1.2
July 22, 2014


BOFI Holding, Inc.
4350 La Jolla Village Drive, Suite 140
San Diego, CA 92122
Attn: Andrew J. Micheletti,
EVP, Chief Financial Officer

BOFI Federal Bank
4350 La Jolla Village Drive, Suite 140
San Diego, CA 92122
Attn: Andrew J. Micheletti,
EVP, Chief Financial Officer


Termination of Equity Distribution Agreement

Ladies and Gentlemen,

In accordance with Section 13(c) of the Equity Distribution Agreement (the “Agreement”) dated as of March 11, 2013 by and among BofI Holding, Inc., BOFI Federal Bank, Raymond James & Associates, Inc. (“Raymond James”), JMP Securities LLC, Liquidnet, Inc. and Sandler O’Neill + Partners L.P., Raymond James hereby terminates the Agreement effective as of the date of this letter.

 
Sincerely,
 
 
 
 
 
/s/ Aaron C. DiRusso
 
 
Aaron C. DiRusso
 
 
for Raymond James & Associates, Inc.
 



cc: Thomas Kilian, JMP Securities LLC
Nicole Olson, Liquidnet, Inc.
Peter Buck, Sandler O’Neill + Partners L.P.
Allen Z. Sussman, Loeb & Loeb LLP
David Gershon, Manatt, Phelps & Phillips, LLP