Joinder to Management Agreement among Triad Financial Holdings LLC, Triad Financial SM LLC, and Diamond A Administration LLC
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Summary
This agreement, dated December 31, 2008, adds Triad Financial Holdings LLC and Triad Financial SM LLC as parties to an existing Management Agreement originally dated April 29, 2005. By signing, these companies agree to be bound by all terms of the original agreement and assume joint and several liability for the obligations of the original parties. Diamond A Administration LLC, as successor to Hunter’s Glen/Ford Ltd., acknowledges and agrees to this addition.
EX-10.25 10 a51470exv10w25.htm EX-10.25 exv10w25
EXHIBIT 10.25
JOINDER TO
MANAGEMENT AGREEMENT
MANAGEMENT AGREEMENT
Joinder to Management Agreement (this “Joinder”), dated as of December 31, 2008, by and among Triad Financial Holdings LLC (“TFHLLC”), Triad Financial SM LLC (“TFSMLLC”) and Diamond A Administration LLC (“Diamond A”), as successor to Hunter’s Glen/Ford Ltd. (“HGF”) TFHLLC and TFSMLLC each hereby agree to become a party to, and be bound by that certain Management Agreement, by and among Triad Financial Corporation (“TFC”), Triad Holdings Inc. (“THI”), Triad Holdings, LLC (“THLLC”), Diamond A, as successor to HGF, and the other parties thereto, dated as of April 29, 2005 (the “Management Agreement”), as such agreement may be amended from time to time (with TFHLLC becoming the “LLC” under the Management Agreement and with TFSMLLC becoming the “Company” under the Management Agreement), and TFHLLC and TFSMLLC becoming jointly and severally liable for all obligations and liabilities of TFC, THI and THLLC under the Management Agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Joinder to Management Agreement on the date first written above.
| TRIAD FINANCIAL HOLDINGS LLC | ||||
| By: | /s/ Carl B. Webb | |||
| Carl B. Webb | ||||
| TRIAD FINANCIAL SM LLC | ||||||
| By: Name: | /s/ Jeffrey Butcher | |||||
| Title: | Vice President & Chief Financial Officer | |||||
| ACKNOWLEDGED AND AGREED: | ||||||
| DIAMOND A ADMINISTRATION LLC | ||||||
| By: | /s/ Gary Shultz | |||||
| Its: | Vice President | |||||
