Amendment to Subordination Loan Agreement and Promissory Note between Gerald Hirsch and FCStone, LLC

Summary

This amendment extends the maturity date of a $500,000 subordinated loan agreement and promissory note between Gerald Hirsch and FCStone, LLC from June 30, 2006 to June 30, 2007. All other terms of the original agreement and note remain unchanged. The amendment is effective as of May 15, 2006, and is signed by both parties.

EX-10.32 2 dex1032.htm AMENDMENT TO CASH SUBORDINATED LOAN AGREEMENT AND PROMISSORY NOTE Amendment to Cash Subordinated Loan Agreement and Promissory Note

Exhibit 10.32

AMENDMENT TO

SUBORDINATION LOAN AGREEMENT

AND PROMISSORY NOTE

DATED JUNE 30, 2004

BY AND BETWEEN

GERALD HIRSCH

AND

FCSTONE, LLC (BORROWER)

IN THE AMOUNT OF $500,000.00

ORIGINALLY MATURING JUNE 30, 2005

We, the undersigned, being all of the parties to the above described Subordinated Loan Agreement (“Agreement”) and Promissory Note (“Note”) related thereto, hereby mutually agree and consent to amend said Agreement and Note as follows:

Effective June 30, 2006, the Maturity Date on the above mentioned Agreement and Note shall be extended to June 30, 2007.

All other terms, provisions and conditions of the above mentioned Agreement and Note shall remain unaltered and in full force and effect.

IN WITNESS WHEREOF, the undersigned place their respective signatures on this May 15, 2006.

FCStone, LLC




By:	/s/ Clarence C. Delbridge	/s/ Gerald Hirsch
	Clarence C. Delbridge Executive Vice President	Gerald Hirsch