EIGHTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • May 8th, 2009 • Penson Worldwide Inc • Security brokers, dealers & flotation companies • Texas
THIS EIGHTH AMENDMENT TO CREDIT AGREEMENT (this “ Amendment”) is entered into effective as of the 31st day of December, 2008, but executed as of March 16, 2009 by and among the lenders listed on the signature pages hereof (the “ Lenders”), PENSON WORLDWIDE, INC., a Delaware corporation (“ Borrower”), GUARANTY BANK, as Administrative Agent, Swing Line Lender, Arranger and Letter of Credit Issuer for the Lenders (the “ Administrative Agent”), and Wachovia Bank, National Association, as Documentation Agent (the “ Documentation Agent”), each to the extent and in the manner provided for in the Credit Agreement (defined below and herein so called).
