Firstplus Financial Group Inc Sample Contracts

Firstplus Financial Group Inc – Expected to Commence its Business Plans FOR IMMEDIATE RELEASE (June 29th, 2009)

Beaumont, TX, June 24, 2009/PRNewswire-FirstCall/ -- The Board of Directors of FirstPlus Financial Group, Inc. (Pink Sheets: FPFX.PK), announced today FirstPlus has filed a voluntary petition for relief under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division to enhance liquidity while it reorganizes.

Firstplus Financial Group Inc – STOCK PURCHASE AGREEMENT (May 20th, 2008)

This Stock Purchase Agreement (“Agreement”) is made effective as of March 31, 2008 by and between FirstPlus Enterprises, Inc., a Texas corporation, with an address of 122 West John Carpenter Freeway, Suite 450, Irving, Texas 75039 (“Seller”) and Stalwart Enterprises, Inc., a Texas corporation with an address of 8409 Pickwick Lane #383, Dallas, Texas 75225 (“Purchaser”).

Firstplus Financial Group Inc – COLLATERAL PLEDGE AGREEMENT (March 31st, 2008)

This Collateral Pledge Agreement (this “Agreement”) dated December 31, 2007, is made by RUTGERS INVESTMENT GROUP, INC. a Texas corporation (“Pledgor”) in favor of FIRSTPLUS FINANCIAL GROUP, INC. (“Secured Party”).

Firstplus Financial Group Inc – Outsourced Mortgage Processing and Fulfillment Services Agreement (January 10th, 2008)

THIS AGREEMENT is made and entered into as of December 31, 2007, by and between Rutgers Investment Group, Inc., a Texas Corporation with headquarters at 5100 N. O’Connor, Suite 400, Irving, TX 75039, referred to as "Rutgers" and Homeloanadvisors.com, a corporation organized and existing under the laws of the State of California, United States of America and having its principal office at 600 Anton Boulevard, Suite 1700, Costa Mesa, CA 92626, hereinafter referred to as "Client."

Firstplus Financial Group Inc – EMPLOYMENT AGREEMENT (November 14th, 2007)

Exhibit 10.1 EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT dated November 13, 2007, by and between FIRSTPLUS FINANCIAL GROUP, INC., a Nevada corporation with its principal office at 122 W. John Carpenter Freeway, Suite 450, Irving, Texas 75039 (the "Company"), and ROBERT O'NEAL, whose address is P.O. Box 12088, Beaumont, Texas, 77726 (the "Employee"). W I T N E S S E T H: WHEREAS, the Company desires to employ the Employee for the period provided in this Agreement and the Employee is willing to accept such employment with the Company on a full-time basis, all in accordance with the terms and conditions set forth below. NOW, THEREFORE, for and in consideration of the premises hereof and the mutual covenants contained herein, the parties hereto covenant and agree as follows: 1. E

Firstplus Financial Group Inc – AMENDED AND RESTATED EMPLOYMENT AGREEMENT (November 14th, 2007)

Exhibit 10.2 AMENDED AND RESTATED EMPLOYMENT AGREEMENT AMENDED AND RESTATED EMPLOYMENT AGREEMENT, dated November 13, 2007, by and between FIRSTPLUS FINANCIAL GROUP, INC., a Nevada corporation with its principal office at 122 W. John Carpenter Freeway, Suite 450, Irving, Texas 75039 (the "Company"), and JOHN MAXWELL, residing at 330 East Las Colinas Boulevard, #444, Irving, Texas 75039 (the "Employee"). W I T N E S S E T H: WHEREAS, the Company desires to employ the Employee for the period provided in this Agreement and the Employee is willing to accept such employment with the Company on a full-time basis, all in accordance with the terms and conditions set forth below. NOW, THEREFORE, for and in consideration of the premises hereof and the mutual covenants contained herein, the parties hereto covenant

Firstplus Financial Group Inc – EMPLOYMENT AGREEMENT (September 10th, 2007)

Exhibit 10.1 EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT dated August 27, 2007, effective as of July 1, 2007, by and between FIRSTPLUS FINANCIAL GROUP, INC., a Nevada corporation with its principal office at 122 W. John Carpenter Freeway, Suite 450, Irving, Texas 75039 (the "Company"), and WILLIAM HANDLEY, residing at 9911 S.W. 48th Street, Miami, Florida 33165 (the "Employee"). W I T N E S S E T H: WHEREAS, the Company desires to employ the Employee for the period provided in this Agreement and the Employee is willing to accept such employment with the Company on a full-time basis, all in accordance with the terms and conditions set forth below. NOW, THEREFORE, for and in consideration of the premises hereof and the mutual covenants contained herein, the parties hereto covenant and agree as follows:

Firstplus Financial Group Inc – EMPLOYMENT AGREEMENT (August 31st, 2007)

Exhibit 10.3 EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT dated August 27, 2007, effective as of July 1, 2007, by and between FIRSTPLUS FINANCIAL GROUP, INC., a Nevada corporation with its principal office at 122 W. John Carpenter Freeway, Suite 450, Irving, Texas 75039 (the "Company"), and WILLIAM HANDLEY, residing at 9911 S.W. 48th Street, Miami, Florida 33139 (the "Employee"). W I T N E S S E T H: WHEREAS, the Company desires to employ the Employee for the period provided in this Agreement and the Employee is willing to accept such employment with the Company on a full-time basis, all in accordance with the terms and conditions set forth below. NOW, THEREFORE, for and in consideration of the premises hereof and the mutual covenants contained herein, the parties hereto covenant and agree as follows:

Firstplus Financial Group Inc – EMPLOYMENT AGREEMENT (August 31st, 2007)

Exhibit 10.2 EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT dated August 27, 2007, effective as of July 1, 2007, by and between FIRSTPLUS FINANCIAL GROUP, INC., a Nevada corporation with its principal office at 122 W. John Carpenter Freeway, Suite 450, Irving, Texas 75039 (the "Company"), and JOHN MAXWELL, residing at 330 East Las Colinas Boulevard, #444, Irving, Texas 75039 (the "Employee"). W I T N E S S E T H: WHEREAS, the Company desires to employ the Employee for the period provided in this Agreement and the Employee is willing to accept such employment with the Company on a full-time basis, all in accordance with the terms and conditions set forth below. NOW, THEREFORE, for and in consideration of the premises hereof and the mutual covenants contained herein, the parties hereto covenant and agree

Firstplus Financial Group Inc – AGREEMENT FOR PURCHASE AND SALE (August 2nd, 2007)

Exhibit 10.1 ================================================================================= AGREEMENT FOR PURCHASE AND SALE OF MEMBERSHIP INTERESTS by and among GLOBALNET ENTERPRISES, LLC, a Pennsylvania limited liability company, as SELLER, LEARNED ASSOCIATES OF NORTH AMERICA, LLC, a New Jersey limited liability company, SEVEN HILLS MANAGEMENT, LLC, a Pennsylvania limited liability company, DIVERSIFIED DEVELOPMENT LLC, a Pennsylvania limited liability company and AJAX BARON, LLC, a Pennsylvania limited liability company as MEMBERS of SELLER,

Firstplus Financial Group Inc – FIRSTPLUS PRESS RELEASE (August 2nd, 2007)

Exhibit 99.1 FIRSTPLUS PRESS RELEASE FINANCIAL GROUP, INC. July 30, 2007 FIRSTPLUS FINANCIAL GROUP, INC. ACQUIRES GLOBALNET DEVELOPMENT CO., LLC, GLOBALNET FACILITY SERVICES CO., LLC AND GLOBALNET RESTORATION CO., LLC IRVING, TX. /PRNewswire/ -- FIRSTPLUS Financial Group, Inc. (the "Company") (Pink Sheets: FPFX.PK) announced today that it had purchased all of the limited liability company interests of Globalnet Development Co., LLC, Globalnet Facility Services Co., LLC and Globalnet Restoration Co., LLC. The purchase price consisted of a cash payment of $4,540,000 ($3,045,000 of which was paid at closing and the balance of which is payable on the second anniversary of closing) and 1,100,0

Firstplus Financial Group Inc – NON-NEGOTIABLE PROMISSORY NOTE (August 2nd, 2007)

Exhibit 10.2 NON-NEGOTIABLE PROMISSORY NOTE $1,495,000.00 July 30, 2007 FOR VALUE RECEIVED, FirstPlus Development Company and FirstPlus Enterprises, Inc., each Texas corporations (collectively, the "MAKER"), hereby promise to pay Globalnet Enterprises, LLC, a Pennsylvania limited liability company ("PAYEE"), the principal amount of ONE MILLION FOUR HUNDRED NINETY FIVE THOUSAND DOLLARS ($1,495,000.00), with interest on the principal amount hereof from time to time outstanding from the date hereof at the rate of seven percent (7%) per annum, or, if and when applicable, at the Default Rate (as defined in Section 2.2 below), such interest and principal to be paid as set forth below, in lawful currency of the United States of America in immediately available funds, without counterclaim or setoff (except a

Firstplus Financial Group Inc – ASSET PURCHASE AGREEMENT (July 24th, 2007)

Exhibit 10.1 ================================================================================= ASSET PURCHASE AGREEMENT by and among RUTGERS INVESTMENT GROUP, LLC, a Delaware limited liability company, as SELLER, LEARNED ASSOCIATES OF NORTH AMERICA, LLC, a New Jersey limited liability company, SEVEN HILLS MANAGEMENT, LLC, a Pennsylvania limited liability company, and PETER S. FOX, as MEMBERS of SELLER, and RUTGERS INVESTMENT GROUP, INC., a Texas corporation,

Firstplus Financial Group Inc – STOCK OPTION PLAN FOR FIRSTPLUS FINANCIAL GROUP, INC. (April 6th, 2007)
Firstplus Financial Group Inc – ASSET PURCHASE AGREEMENT (November 20th, 2006)

This is an ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of November 3, 2006, by and between FIRSTPLUS Auto Group, Inc., a Texas corporation (the “Buyer”), and Eddie Perkins (the “Seller”).

Firstplus Financial Group Inc – FIRST AMENDED FIRSTPLUS FINANCIAL GROUP, INC. GRANTOR RESIDUAL TRUST AGREEMENT (August 14th, 2006)
Firstplus Financial Group Inc – Setting the Record Straight Tuesday, May 23, 2006 (May 24th, 2006)

Group has been patiently waiting for the lawsuits in Nevada and Texas to run their course before trying to set the record straight on several issues. These issues have included very serious and false accusations of misconduct by the company and its directors and officers made by anonymous posters on the internet . Group has previously posted formal responses addressing these issues,; however, we continue to hear that those responses are either not read or not believed, and that misinformation continues to be disseminated.

Firstplus Financial Group Inc – SETTLEMENT AGREEMENT (May 22nd, 2006)

THIS SETTLEMENT AGREEMENT (this “Agreement”) is dated as of April 6, 2006, and is entered into by and among FirstPlus Financial Group, Inc., a Nevada corporation (the “Company”), and Danford L. Martin, individually, on behalf of the FPFX Shareholder Value Committee and the FPFX Steering Committee and as attorney-in-fact for all of the Petitioners in the Election Suit (as defined below).

Firstplus Financial Group Inc – FACTORING AGREEMENT AND SECURITY AGREEMENT (May 22nd, 2006)

We hereby request that you act as sole factor for the undersigned Signs For Life LLC. (the “Company”) upon the following terms.

Firstplus Financial Group Inc – VERSATILE CONSULTING A division of Versatile Financial LLC CONSULTANT’S ENGAGEMENT CONTRACT and LETTER OF UNDERSTANDING (March 31st, 2006)

This Consulting Agreement (this “Agreement”) is entered into this day of October 2005, by and between FIRSTPLUS Financial Group, Inc., with offices at 5100 N. O’Connor Blvd., Sixth Floor, Irving Texas 75039 (the “Company”) and Versatile Consulting at P.O. Box 142979, Irving, Texas 75014 (the “Consultant”).

Firstplus Financial Group Inc – IN THE SECOND JUDICIAL DISTRICT COURT OF THE STATE OF NEVADA IN AND FOR THE COUNTY OF WASHOE (March 17th, 2006)

Answering Defendants allege that the Complaint and each and every claim for relief stated therein fails to state facts sufficient to constitute a claim, or claim for relief, as against answering Defendants. Therefore, Petitioners’ Complaint should be dismissed.

Firstplus Financial Group Inc – AMENDMENT TO LEASE (October 25th, 2005)

Exhibit 10.13 AMENDMENT TO LEASE THIS AMENDMENT TO LEASE (the "Amendment") is entered into as of the Effective Date (hereinafter defined) by and between LEPERCQ CORPORATE INCOME FUND, L.P., a Delaware limited partnership ("Landlord") and FIRSTPLUS FINANCIAL GROUP, INC., a Nevada Corporation ("Tenant"). A. Landlord and Tenant have entered into that certain Lease dated September 4, 1997 covering the Premises located at 1600 Viceroy Drive in Dallas, Texas as more particularly described therein, as amended by certain letter agreements (collectively, the "Letter Agreements") executed by both Landlord and Tenant prior to the date hereof (as so amended, the "Lease"). Defined terms used herein shall have the meaning set forth for such terms in the Lease unless otherwise defined herein. B. Tenant has requested a reduction in Fixed Rent for the Temporary Period (hereinafter defin

Firstplus Financial Group Inc – REVOLVING PROMISSORY NOTE (October 25th, 2005)

Exhibit 10.11 REVOLVING PROMISSORY NOTE $275,000 Dallas, Texas June 28, 2002 SECTION 1. Payment of Note. FOR VALUE RECEIVED, CL CAPITAL LENDING, LLC, a Texas limited liability company ("Borrower"), hereby promises to pay to the order of FIRSTPLUS FINANCIAL GROUP, INC., a Nevada corporation ("FIRSTPLUS") (FIRSTPLUS and any subsequent holder hereof shall be hereinafter referred to as "Lender"), at the offices of FIRSTPLUS, located at 1349 Empire Central, 13th Floor, Dallas, Texas 75248, or such other place as Lender may direct, in lawful money of the United States of America, with interest, the principal amount of TWO HUNDRED SEVENTY FIVE THOUSAND AND NO/100 DOLLARS ($275,000.00), or such lesser amount as may be advanced and outstanding hereunder, together with

Firstplus Financial Group Inc – CONVERSION AGREEMENT (September 22nd, 2005)

Exhibit 10.2 CONVERSION AGREEMENT CONVERSION AGREEMENT, dated as of June __, 2001, by and between FIRSTPLUS FINANCIAL GROUP, INC., a Nevada corporation (the "Company") and those Certificateholders signatory hereto (the "Holders"). W I T N E S S E T H : - - - - - - - - - - WHEREAS, the Company, as successor in interest to RAC Financial Group, Inc., and HSBC Bank USA (the "Trustee"), as successor in interest to Bank One, Columbus, N.A., are parties to the Indenture, dated as of August 20, 1996 (the "Indenture") relating to the Company's 7.25% Convertible Subordinated Notes Due 2003 (the "Notes"); WHEREAS, the Company and the Trustee are parties to that certain Compromise and Settlement Agreement Between the Trustee, Certain Holders of 7.25% Convertible Subordinated Notes due 2003 and the Comp

Firstplus Financial Group Inc – FIRSTPLUS FINANCIAL GROUP. INC GRANTOR RESIDUAL TRUST AGREEMENT (September 22nd, 2005)

Exhibit 4.6 FIRSTPLUS FINANCIAL GROUP. INC GRANTOR RESIDUAL TRUST AGREEMENT The undersigned, FIRSTPLUS Financial Group, Inc., a Nevada corporation, as Settlor (hereinafter referred to as the "Settlor"), has on this 7 day of 15, 2002, entered into this FIRSTPLUS Financial Group, Inc. Grantor Residual Trust Agreement (this "Agreement") with George T. Davis, as Trustee (hereinafter referred to as the "Trustee"). To create a trust estate for the benefit of itself, the Settlor hereby transfers to the Trustee the cash flow instrument representing its rights as a creditor of FirstPlus Financial, Inc. (the "Debtor") (pursuant to the Third Amended Plan of Reorganization of the Debtor) to cash flow from the Residuals (as defined in Section IV(d)) (the "Trust Estate"). The Trustee acknowledges receipt of said property and agrees to hold it as a Trust Estate, upon the following terms:

Firstplus Financial Group Inc – STIPULATION AND AGREEMENT OF SETTLEMENT (September 22nd, 2005)

Exhibit 10.4 IN THE UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF TEXAS DALLAS DIVISION IN RE: FIRSTPLUS FINANCIAL ) ) GROUP, INC. SECURITIES ) LITIGATION ) Civil Action No. 3:98-CV-2551-M ) ) STIPULATION AND AGREEMENT OF SETTLEMENT This Stipulation and Agreement of Settlement dated as of July 30, 2003 (the "Stipulation"), subject to the approval of the Court pursuant to Rule 23 of the Federal Rules of Civil Procedure, is made and entered into by and among the following Parties: (1) Class Representative Edward P. Doremus, III, individually and on behalf of all Class Members (as hereinafter defined); (2) Defendants FirstPlus Financial Group, I

Firstplus Financial Group Inc – SECOND AMENDMENT TO RIGHTS AGREEMENT (September 22nd, 2005)

Exhibit 4.1.2 SECOND AMENDMENT TO RIGHTS AGREEMENT This SECOND AMENDMENT TO RIGHTS AGREEMENT (this "Amendment"), dated as of June 27, 2002 (the "Amendment"), is by and between FIRSTPLUS Financial Group, Inc., a Nevada corporation (the "Corporation"), and, at the request of the Corporation, Mellon Investor Services LLC (formerly Chasemellon Shareholder Services, L.L.C.), a New Jersey limited liability company (the "Rights Agent"). RECITALS 1. The Corporation and the Rights Agent executed that certain Rights Agreement dated as of May 20, 1998, and amended by that certain First Amendment to Rights Agreement dated as of October 25, 2001 (together, the "Rights Agreement"). 2. The Board of Directors of the Corporation (the "Directors") believes it to be in the best interest of the Corporation to amend the Rights Agreement so as to provi

Firstplus Financial Group Inc – SUBORDINATION AGREEMENT (September 22nd, 2005)

Exhibit 10.9 SUBORDINATION AGREEMENT THIS SUBORDINATION AGREEMENT (this "Agreement") by and between FIRSTPLUS FINANCIAL GROUP, Inc. ("FIRSTPLUS") and United Lending Partners, LP ("ULP"): RECITALS: 1. FIRSTPLUS is the legal and beneficial owner and holder of the following debts and liens: (a) Promissory note dated 20, Dec 04, in the original principal amount of $100,000.00, executed by ULP, Inc. payable to the order of FIRSTPLUS. (b) The obligations of ULP to FIRSTPLUS are secured by collateral described in the Note and a Security Agreement between ULP and FIRSTPLUS dated August 19, 2004. (the "Collateral"). 2. FIRSTPLUS recognizes the need for ULP to obtain short term financing with Jeffrey Mankoff in order for ULP to conduct normal business operations. 3. As an express condition for providing financing to ULP, Mankoff is req

Firstplus Financial Group Inc – PROMISSORY NOTE (September 22nd, 2005)

Exhibit 10.8 PROMISSORY NOTE $100,000.00 December 20, 2004 February 18, 2004 Amount of Note Date of Note Due Date UNITED LENDING PARTNERS, LP, a Texas limited partnership, the undersigned, hereinafter called "Maker", promises to pay to First Plus Financial ("Lender"), or order, payable at 5100 N. O'Connor Blvd., 6d' Floor Irving, Texas 75039, or such other place specified by Lender in writing, One Hundred Thousand Dollars, with interest thereon at the rate of 15.0% percent per annum from the date hereof until paid, payable as follow: 1) Term of Note is for sixty days (60). Maker has Pledged, assigned or granted to Lender as collateral for payment of this liability (hereinafter called "Note"), the following: Repayment of this debt will be from those loans identified on Exhi

Firstplus Financial Group Inc – FIRST AMENDMENT TO RIGHTS AGREEMENT (September 22nd, 2005)

Exhibit 4.1.1 FIRST AMENDMENT TO RIGHTS AGREEMENT This FIRST AMENDMENT TO RIGHTS AGREEMENT (this "Amendment"), dated as of October 25, 2001 (the "Amendment"), is by and between FIRSTPLUS Financial Group, Inc., a Nevada corporation (the "Corporation"), and, at the request of the Corporation, Mellon Investor Services LLC (formerly Chasemellon Shareholder Services, L.L.C.) a New Jersey limited liability company (the "Rights Agent"). RECITALS 1. The Corporation and the Rights Agent executed that certain Rights Agreement dated as of May 20, 1998 (the "Rights Agreement"). 2. The Board of Directors of the Corporation (the "Directors") believes it to be in the best interest of the Corporation to amend the Rights Agreement so as to provide additional protection with respect to accidental triggering of the dilutive provisions of the Rights

Firstplus Financial Group Inc – 7.25% Convertible Subordinated Notes Due 2003 (September 22nd, 2005)

Exhibit 4.8 FIRSTPLUS FINANCIAL GROUP, INC. Certificated Interests Representing Beneficial Interests in The FPFI Creditor Trust Exchanged For 7.25% Convertible Subordinated Notes Due 2003 33,212,000 Units CUSIP 33763B AA 1 This Certificate is one of a duly authorized issue of Certificated Interests, designated as its Certificated Interests representing Beneficial Interests in The FPFI Creditor Trust exchanged For 7.25% Convertible Subordinated Notes Due 2003 (herein called the "Certificates"), to be issued in satisfaction and discharge of all of the Company's obligations under the Company's 7.25% Convertible Subordinated Notes Due 2003 issued under that certain

Firstplus Financial Group Inc – ESCROW AGREEMENT (September 22nd, 2005)

Exhibit 10.5 Execution Copy ESCROW AGREEMENT THIS ESCROW AGREEMENT (this "Agreement") is entered into as of July 30, 2003 by and among FirstPlus Financial Group, Inc., a Nevada corporation ("FirstPlus"), and Class Representative Edward P. Doremus, III, on behalf of all Class Members (the "Representative") and Milberg Weiss Bershad Hynes & Lerach LLP and Sirota and Sirota LLP, each solely in their capacities as Plaintiffs' Co-Lead Counsel, supervisor of the administration of the Settlement and escrow agent under this Agreement (collectively in their capacity as escrow agent, the "Escrow Agent"). RECITALS WHEREAS, FirstPlus is a member of Capital Lending Strategies, LLC, a Texas limited liability company ("Capital Lending"). WHEREAS, Capital Lending is a st

Firstplus Financial Group Inc – ASSIGNMENT AND ASSUMPTION AGREEMENT (September 22nd, 2005)

Exhibit 10.6 Execution Copy ASSIGNMENT AND ASSUMPTION AGREEMENT This ASSIGNMENT AND ASSUMPTION AGREEMENT, dated as of July 30, 2003, is entered into by and between FirstPlus Financial Group, Inc., a Nevada corporation ("Assignor"), and Class Representative Edward P. Doremus, III, on behalf of all Class Members (the "Assignee") and Milberg Weiss Bershad Hynes & Lerach LLP and Sirota and Sirota LLP, each solely in its capacity as Plaintiffs' Co-Lead Counsel and supervisor of the administration of the Settlement. RECITALS WHEREAS, Assignor is the beneficial holder of 2,200 Common Units of Capital Lending Strategies, LLC ("Capital Lending"), a Texas limited liability company governed by the Amended and Restated Regulations of CL Capital Lending, LLC, dated February 11, 2003 and

Firstplus Financial Group Inc – THIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE OF ANY AND ALL CLAIMS, (September 22nd, 2005)

Exhibit 10.10 SETTLEMENT AGREEMENT AND MUTUAL RELEASE OF ANY AND ALL CLAIMS THIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE OF ANY AND ALL CLAIMS, hereinafter referred to as the "Agreement", is made, executed, delivered, and entered into by THAXTON INVESTMENT CORPORATION, a South Carolina corporation hereinafter referred to as "Thaxton"; and FIRSTPLUS FINANCIAL GROUP, INC., a Nevada corporation hereinafter referred to as "FirstPlus". WITNESSETH WHEREAS, on January 19, 1999 the parties hereto and FirstPlus Consumer Finance, Inc. ("FPCF"), a Delaware corporation controlled by FirstPlus, entered into a contract (the "Purchase Agreement") pursuant to which Thaxton agreed to buy from FPCF, and FPCF agreed to sell to Thaxton, substantially all of the assets of FPCF; and WHEREAS, on February 1, 1999 the parties to

Firstplus Financial Group Inc – SUPPLEMENTAL INDENTURE (September 22nd, 2005)

Exhibit 4.7 -------------------------------------------------------------------------------- FIRSTPLUS FINANCIAL GROUP, INC. Issuer AND HSBC BANK USA Trustee SUPPLEMENTAL INDENTURE Dated as of December 4, 2000 Certificated Interests Representing Beneficial Interests in The FPFI Creditor Trust Exchanged For 7.25% Convertible Subordinated Notes Due 2003 -------------------------------------------------------------------------------- SUPPLEMENTAL INDENTURE, executed and entered into on May __, 2001, to be effective as of December 4, 2000, by and between FIRSTPLUS FINANCIAL GROUP,