Impac Mortgage Holdings Inc Watch

from 10-K 5 pages ​ ​ April 22, 2021 ​ ​ Obi Nwokorie 1 Red Oak Lane Cortlandt Manor, Ny 10567 ​ Dear Obi: ​ This Is to Confirm Our Offer and Your Acceptance of Employment With Impac Mortgage Holdings, Inc. (“IMH” or the “Company”). This Offer of Employment Is Contingent on the Receipt of Acceptable References and Background Check. the Terms of Our Offer Include: ​ Start Date:june 1, 2021 ​ Title: Evp, Alternative Credit Products and Chief Investment Officer ​ Reporting To:ceo and Chairman, George A. Mangiaracina ​ Base Salary:you Will Receive an Annual Salary of $400,000, Paid Semi-Monthly on the 7th and 22nd of Each Month. ​ Guaranteed Bonus: For the First Four Full Calendar Quarters of Employment, You Will Receive a Guaranteed Bonus of $25,000 Per Quarter (I.E. if Starting June 1, Then First Bonus Payment Is Earned if Still Employed as of September 30, 2021 and Is Payable in the First Pay Period of October 2021) ​

from 10-Q 4 pages Confirmation and Amendment of Loan Documents

from 10-Q 4 pages Confirmation and Amendment of Loan Documents

from 10-K 3 pages Confirmation and Amendment of Loan Documents

from 8-K 9 pages Line of Credit Promissory Note

from 8-K 62 pages Western Alliance Bank Loan and Security Agreement

from 10-Q 4 pages Amendment No. 1 to Loan Agreement

from 8-K 2 pages For Value Received, the Undersigned Impac Mortgage Holdings, Inc., a Maryland Corporation (“Holdings”), Impac Mortgage Corp., a California, Corporation (“Imc”), Impac Warehouse Lending, Inc., a California Corporation (“Iwli”) and Integrated Real Estate Service Corp., a Maryland Corporation (“Ires”, and Together With Holdings, Imc and Iwli, Collectively and Individually, “Borrowers” or “Borrower”), Jointly and Severally Promise to Pay to the Order of Macquarie Alpine Inc. (“Lender”) on the Maturity Date or Upon the Earlier Maturity Hereof, Whether by Acceleration or Otherwise, the Principal Sum of Thirty Million Dollars ($30,000,000), Together With Interest Thereon, Pursuant to That Certain Loan Agreement, Dated as of June 19, 2015 (As Amended, Restated or Otherwise Modified From Time to Time, the “Loan Agreement”), Among Borrowers and Lender. Lender Is Hereby Authorized to Record the Amount and Date of Each Advance Under This Term Note, and the Information So Recorded Shall Be Conclusive and Binding in the Absence of Manifest Error. Capitalized Terms Used Herein Without Definition Shall Have the Meanings Ascribed to Such Terms in the Loan Agreement. Each Borrower Also Promises to Pay Interest on the Unpaid Principal Amount Hereof From Time to Time Outstanding From the Date Hereof Until Maturity (Whether by Acceleration or Otherwise) And, After Maturity, Until Paid, at the Rates Per Annum and on the Dates Specified in the Loan Agreement. Payments of Both Principal and Interest Are to Be Made in Lawful Money of the United States of America in Same Day or Immediately Available Funds to the Account Designated by Lender Pursuant to the Loan Agreement

from 8-K 81 pages Loan Agreement

from 10-Q 19 pages Credit Agreement

from 10-Q 4 pages This Tenth Amendment Is Made This 15th Day of July, 2014 (The “Amendment Effective Date”), to That Certain Master Repurchase Agreement, Dated August 31, 2011, as Amended (The “Repurchase Agreement”) and the Pricing Letter, Dated August 31, 2011, as Amended (The “Pricing Letter”) in Each Case by and Among Excel Mortgage Servicing, Inc. and Amerihome Mortgage Corporation (Each a “Seller” And, Collectively, “Sellers”), and Everbank (“Buyer”). the Repurchase Agreement, the Pricing Letter and All Amendments Are Sometimes Hereinafter Collectively Referred to as the “Agreement.” Whereas, Sellers and Integrated Real Estate Service Corporation (“Guarantor”) Requested That Buyer Amend the Agreement; and Whereas, Sellers, Guarantor and Buyer Have Agreed to Amend the Agreement as Set Forth Herein. Now Therefore, for Good and Valuable Consideration, the Receipt and Sufficiency of Which Are Hereby Acknowledged, the Parties Hereto Hereby Agree to Amend the Agreement as Follows: Section 1. Amendments. Concentration Category Concentration Limit (Percentages Based on Maximum Purchase Amount) Aged Loans 5 % Wet Mortgage Loans 40 % Jumbo Loans 10 % Eligible Correspondent Mortgage Loans 50 % High Ltv Va Refinance Loans 10 % Du Refi Plus Loans 10 % Section 2. Defined Terms. Any Terms Capitalized but Not Otherwise Defined Herein Should Have the Respective Meanings Set Forth in the Agreement

from 10-Q 25 pages Reference Is Hereby Made To, and This Side Letter (The “Pricing Side Letter”) Is Hereby Incorporated by Reference Into, the Master Repurchase Agreement (Repledge Facility), Dated as of September 18, 2013 (As Amended, Supplemented and Otherwise Modified From Time to Time, the “Agreement”), Among Credit Suisse First Boston Mortgage Capital LLC (The “Buyer”), Excel Mortgage Servicing, Inc. (The “Seller”) and Integrated Real Estate Service Corp. (“Ires” and a “Guarantor”) and Impac Mortgage Holdings, Inc. (“Impac”, a “Guarantor” and Together With Ires, the “Guarantors”). Any Capitalized Term Used but Not Defined Herein Shall Have the Meaning Assigned to Such Term in the Agreement. Section 1. Definitions. the Following Terms Shall Have the Meanings Set Forth Below

from 10-Q 105 pages Master Repurchase Agreement (Repledge Facility) Credit Suisse First Boston Mortgage Capital LLC, as Buyer (“Buyer”), and Excel Mortgage Servicing, Inc., as Seller (“Seller”), and Integrated Real Estate Service Corp. and Impac Mortgage Holdings, Inc., as Guarantors (Each a “Guarantor” and Collectively, the “Guarantors”) Dated September 18, 2013

from 10-Q 2 pages Fourth Amendment to Credit Agreement

from 10-Q 119 pages Master Repurchase Agreement Credit Suisse First Boston Mortgage Capital LLC, as Buyer (“Buyer”), and Excel Mortgage Servicing, Inc., as Seller (“Seller”), and Integrated Real Estate Service Corp. and Impac Mortgage Holdings, Inc, as Guarantors (Each a “Guarantor” and Collectively, the “Guarantors”) Dated September 21, 2012

from 10-Q 4 pages Third Amendment to Credit Agreement

from 10-Q 15 pages Credit Agreement

from 10-K 66 pages $33,850,000 Credit Agreement Dated as of October 30, 2009, Among Impac Mortgage Holdings, Inc., Impac Funding Corporation, Impac Warehouse Lending Group, Inc., and Integrated Real Estate Service Corp. as Borrowers, Ubs Real Estate Securities, Inc., as Lender