0001398432-11-000161 Sample Contracts

ARMOUR Residential REIT, INC. Up to 6,500,000 shares of Common Stock ($0.001 par value per share) Equity Distribution Agreement
Equity Distribution Agreement • February 18th, 2011 • Armour Residential REIT, Inc. • Real estate investment trusts • New York

ARMOUR Residential REIT, Inc., a Maryland corporation (the “Company”), and ARMOUR Residential Management LLC (the “Manager”) confirms their agreement (this “Agreement”) with Ladenburg Thalmann & Co. Inc. (“Ladenburg”) and JMP Securities LLC (“JMP” and together with Ladenburg, the “Agents”), as follows:

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