AMENDMENT NO. 1 TO MANAGEMENT AGREEMENTManagement Agreement • November 6th, 2014 • Annaly Capital Management Inc • Real estate investment trusts
THIS AMENDMENT NO. 1 dated as of November 5, 2014 (the “Amendment”) to the MANAGEMENT AGREEMENT dated as of June 26, 2013 (the “Agreement”) is made and entered into by and among Annaly Management Company LLC, a Delaware limited liability company (together with its permitted assignees, the “Manager”) and ANNALY CAPITAL MANAGEMENT, INC., a Maryland corporation (the “Company”) and each Subsidiary (as defined in the Agreement) of the Company that becomes a party to the Agreement pursuant to Section 29 of the Agreement.
