Franklin Credit Management Corp Watch

from 10-Q 5 pages Third Amendment to Lease

from 8-K 10 pages Capital Contribution Agreement

from 10-12G 7 pages 1. Liabilities Guarantied

from 10-12G 5 pages $1,109,000 Jersey City, New Jersey August 2, 2012

from 10-12G 2 pages Second Amendment to Lease

from 10-12G 4 pages First Amendment to Lease

from 10-12G 2 pages Information for Which Confidential Treatment Has Been Requested Is Omitted and Is Identified by Three Asterisks, as Follows “* * *”, an Unredacted Version of This Document Has Been Filed Separately With the Securities and Exchange Commission

from 10-12G 7 pages Deferred Payment Agreement

from 10-12G 32 pages Amended and Restated Security Agreement

from 10-12G 2 pages 1. We Hereby Propose to Amend Your Employment Agreement by Adding the Following New Sentence to the End of Section 5(b): "Any Bonus Pursuant to This Section 5(b) Shall Be Paid No Later Than Two and One-Half (2½) Months From the Last Day of the Tax Year in Which the Bonus Was Earned." 2. We Hereby Propose to Amend Your Employment Agreement by Amending and Restating Section 11(c)(3) in Its Entirety as Follows: "(3) Employee Is Removed as CFO, or Executive Vice President of Fcmc and Such Removal Results in a Material Diminution of Employee's Authority, Duties or Responsibilities.” 3. We Hereby Propose to Amend Your Employment Agreement by Adding the Following New Sentence to the End of Section 11(c)

from 10-12G 11 pages Employment Agreement Paul D. Colasono