Third Amended and Restated Put AgreementLoans Purchase • May 5th, 2010 • New York
This is a Third Amended and Restated Put Agreement, dated April 26, 2010 (this “Agreement”), among the United States Department of Education (the “Department”), Straight- A Funding, LLC (the “Conduit”) and The Bank of New York Mellon, acting (i) as agent on behalf of the Conduit in its capacity as conduit administrator (the “Conduit Administrator”) and as Eligible Lender Trustee and (ii) as agent for each Funding Note Issuer (as defined below) for the sole purposes of accepting the Put Option (as defined below).
