Refco Finance Holdings LLC Refco Finance Inc. 9% Senior Subordinated Notes Due 2012 REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • October 12th, 2004 • Refco Information Services, LLC • New York
Refco Finance Holdings LLC, a Delaware limited liability company and Refco Finance Inc., a Delaware corporation (together with Refco Finance Holdings LLC, the "Issuers"), propose to issue and sell to Credit Suisse First Boston LLC, Banc of America Securities LLC and Deutsche Bank Securities Inc. (collectively, the "Initial Purchasers"), upon the terms set forth in a purchase agreement dated July 22, 2004 (the "Purchase Agreement"), $600,000,000 principal amount of their 9% Senior Subordinated Notes Due 2012 (the "Initial Securities") to be unconditionally guaranteed (the "Guaranties") immediately following the Merger (as defined in the Purchase Agreement) by the entities set forth on Schedule A hereto (the "Guarantors" and together with the Issuers, the "Company"). The Initial Securities will be issued pursuant to an Indenture, dated as of August 5, 2004 (the "Indenture"), among the Issuers and Wells Fargo Bank, National Association, as trustee (the "Trustee"). As an inducement to the
RESTRICTED UNIT AGREEMENTRestricted Unit Agreement • October 12th, 2004 • Refco Information Services, LLC • New York
This Restricted Unit Agreement (this "Agreement") is made as of this 5th day of August, 2004 (the "Effective Date") between New Refco Group Ltd., LLC, a Delaware limited liability company (the "Company"), and the undersigned employee (the "Employee"). Certain capitalized terms used herein are defined in Section 7 hereof.
EXECUTIVE EMPLOYMENT AND NON-COMPETITION AGREEMENT BY AND BETWEEN REFCO GROUP LTD., LLC AND JOSEPH MURPHYEmployment and Non-Competition Agreement • October 12th, 2004 • Refco Information Services, LLC • New York
This EXECUTIVE EMPLOYMENT AND NON-COMPETITION AGREEMENT (this "Agreement"), dated as of June 21, 2004, by and between REFCO GROUP LTD., LLC, a Delaware limited liability company (the "Company"), and Joseph Murphy (the "Executive"), shall become effective upon the Effective Date (as defined below).
SECURITY AGREEMENT Dated August 5, 2004 From The Grantors referred to herein, as Grantors to BANK OF AMERICA, N.A., as Administrative AgentSecurity Agreement • October 12th, 2004 • Refco Information Services, LLC • New York
contingent, and whether for principal, reimbursement obligations, interest, premiums, penalties, fees, indemnifications, contract causes of action, costs, expenses or otherwise.
QuickLinks -- Click here to rapidly navigate through this documentAssumption Agreement • October 12th, 2004 • Refco Information Services, LLC • New York
ASSUMPTION AGREEMENT, dated as of August 5, 2004, made by REFCO GROUP LTD., LLC, a Delaware limited liability company ("Refco"), in favor of BANK OF AMERICA, N.A., as administrative agent (in such capacity, the "Administrative Agent") for the Lenders (as defined below) party to the Credit Agreement referred to below. All capitalized terms not defined herein shall have the meanings given to them in such Credit Agreement.
CREDIT AGREEMENT Dated as of August 5, 2004 among REFCO FINANCE HOLDINGS LLC, as Borrower NEW REFCO GROUP LTD., LLC, BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer THE OTHER LENDERS PARTY HERETO BANC OF AMERICA...Assignment and Assumption • October 12th, 2004 • Refco Information Services, LLC • New York
This CREDIT AGREEMENT ("Agreement") is entered into as of August 5, 2004, among REFCO FINANCE HOLDINGS LLC, a Delaware limited liability company (the "Company"), NEW REFCO GROUP LTD., LLC, a Delaware limited liability company ("Holdings"), each lender from time to time party hereto (collectively, the "Lenders" and individually, a "Lender"), BANC OF AMERICA SECURITIES LLC, CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands branch, and DEUTSCHE BANK SECURITIES INC., as co-lead arrangers and joint book running managers, CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch, as Syndication Agent, DEUTSCHE BANK SECURITIES INC., as Documentation Agent, and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.
SECURITY AGREEMENT SUPPLEMENT August 5, 2004Security Agreement • October 12th, 2004 • Refco Information Services, LLC • New York
Bank of America, N.A., as the Administrative Agent for the Secured Parties referred to in the Credit Agreement referred to below
SUBSIDIARY GUARANTY Dated as of August 5, 2004 From THE GUARANTORS NAMED HEREIN and THE ADDITIONAL GUARANTORS REFERRED TO HEREIN as Guarantors in favor of THE SECURED PARTIES REFERRED TO IN THE CREDIT AGREEMENT REFERRED TO HEREINRefco Information Services, LLC • October 12th, 2004 • New York
EQUITY PURCHASE AND MERGER AGREEMENT AMONG REFCO GROUP LTD., LLC, REFCO GROUP HOLDINGS, INC., THL REFCO ACQUISITION PARTNERS AND REFCO MERGER LLC DATED AS OF JUNE 8, 2004Equity Purchase and Merger Agreement • October 12th, 2004 • Refco Information Services, LLC • New York
THIS EQUITY PURCHASE AND MERGER AGREEMENT (this "Agreement"), dated as of June 8, 2004, is made by and among Refco Group Ltd., LLC, a Delaware limited liability company (the "Company"), Refco Group Holdings, Inc., a Delaware corporation ("RGHI"), THL Refco Acquisition Partners, a Delaware general partnership (the "Buyer") and Refco Merger LLC, a Delaware limited liability company ("Merger Company"). In addition, (i) Alinea Holding GmbH ("BAWAG") is a party to the Agreement solely for purposes of Section 5.13, and (ii) Phillip R. Bennett and Tone Grant are parties to this Agreement solely for purposes of Section 9.12. The Company, RGHI, the Buyer and Merger Company shall be referred to herein from time to time collectively as the "Parties" and individually as a "Party."
PARENT GUARANTY Dated as of August 5, 2004 From NEW REFCO GROUP LTD., LLC. as Guarantor in favor of THE SECURED PARTIES REFERRED TO IN THE CREDIT AGREEMENT REFERRED TO HEREINRefco Information Services, LLC • October 12th, 2004 • New York
SECURITYHOLDERS AGREEMENT Dated August 5, 2004 Among NEW REFCO GROUP LTD., LLC AND THE OTHER PARTIES HERETOSecurityholders Agreement • October 12th, 2004 • Refco Information Services, LLC • Delaware
THIS SECURITYHOLDERS AGREEMENT (this "Agreement") is entered into as of August 5, 2004 by and among (i) New Refco Group Ltd., LLC, a Delaware limited liability company (the "Company"), (ii) Refco Group Holdings, Inc., a Delaware corporation ("RGHI"), (iii) THL Refco Acquisition Partners and certain other Affiliates of Thomas H. Lee Partners, L.P. as identified on the signature pages hereto that become a holder of Units, (each, a "THL Holder" and collectively "THL"), (iv) the Limited Partners or Affiliates of Limited Partners who are parties to this Agreement (each, a "THL Limited Partner"), (v) the executive employees of the Company who have purchased Class A Common Units and who are identified as Executive Investors on the signature pages hereto (each, an "Executive Investor" and, collectively, the "Executive Investors"), and (v) the initial parties to this Agreement who are identified as Employees on the signature pages hereto (each, an "Employee," collectively, the "Employees"). RGH
MANAGEMENT AGREEMENTManagement Agreement • October 12th, 2004 • Refco Information Services, LLC • New York
This Management Agreement (this "Agreement") is entered into as of the 5th day of August, by and between New Refco Group Ltd., LLC, a Delaware limited liability company (the "Company"), Refco Group Ltd., LLC, a Delaware limited liability company ("Refco"), and THL Managers V, LLC, a Delaware limited liability company (the "Sponsor").
