0000898822-10-000473 Sample Contracts

COMMERCIAL PAPER DEALER AGREEMENT
Commercial Paper Dealer Agreement • July 21st, 2010 • Santander Holdings USA, Inc. • Savings institution, federally chartered • New York

This agreement (the “Agreement”) sets forth the understandings between the Issuer and the Dealer, each named on the cover page hereof, in connection with the issuance and sale by the Issuer of its short-term promissory notes (the “Notes”) through the Dealer.

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Schedule of Omitted Dealer Agreements
Santander Holdings USA, Inc. • July 21st, 2010 • Savings institution, federally chartered

The following agreements are not being filed as exhibits in reliance on Instruction 2 to Item 601 of Regulation S-K because they are substantially identical in all material respects to the Commercial Paper Dealer Agreement between Santander Holdings USA, Inc. and Santander Investment Securities Inc., dated as of July 15, 2010, filed as Exhibit 10.1.1, except as to the parties thereto and the notice provisions.

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