0001104659-12-066595 Sample Contracts

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PARENT GUARANTY
Parent Guaranty • October 1st, 2012 • PHH Corp • Miscellaneous business credit institution • New York

This PARENT GUARANTY dated as of September 25, 2012 (this “Parent Guaranty”) made by PHH Corporation, a corporation incorporated under the laws of Maryland (the “Parent”), in favor of The Bank of Nova Scotia, in its capacity as administrative agent (in such capacity, the “Administrative Agent”) under the Credit Agreement referred to below, for and on behalf of and for the benefit of itself and the other Secured Parties (as defined below).

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