ࡱ>  l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1 Courier New1 Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)                + ) , *   Ј ~~ ؈ ~~#؈ ~~ ؈ ~~7#܈ ~~8#܈ ~~4#܈ ~~83ffff̙̙3f3fff3f3f33333f33 DELAWARE nForwardLooking Statements$ Guggenheim Lender Commitments$.Guggenheim Lender Commitm (1)$?Guggenheim Lender Commitm (2)$ZGuggenheim Lender Commitm (3)$tGuggenheim Lender Commitm (4)$Guggenheim Lender Commitm (5)!w9 Subscription Information&sSECURITIES ACT OR QUALIFIED UND&$SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSITABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)&\Contribution Date all of the ho l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??ForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } $} 6} $       B. Riley Financial, Inc. 8-K 06/20/2018DELAWARE ?/'Written communications pursuant to Rule 5 -425 under the Securities Act (17 CFR 230.425) ?3 +Soliciting material pursuant to Rule 14a-12  2 *under the Exchange Act (17 CFR 240.14a-12) ?0 (Pre-commencement communications pursuant / 'to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) ?0(Pre-commencement communications pursuant/'to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c))$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2s'Pb#=PF0*8X> @J    l  '  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } I } $ } y< '      B. Riley Financial, Inc. 8-K 06/20/2018"Forward-Looking StatementsExhibit Description Number   333333$@ / '$800.0 Million Senior Secured Term Loan  / 'Facility Commitment Letter, dated as of  : 2June 17, 2018 by and among the Company, Guggenheim0(Corporate Funding, LLC and Vintage Rodeo Parent, LLC.ffffff$@2*Equity Commitment Letter, dated as of June17, 2018$@2*Vintage Rodeo, L.P. Subscription Agreement/'and Questionnaire, dated as of June 17,~ $@0(Side Letter re Subscription, dated as of0(June 17, 2018 by and between the Companyand Vintage Rodeo, L.P.%@/'Limited Guarantee, dated as of June 17,3+2018 by and among the Company, Vintage RTO,L.P. and Rodeo.333333%@0(Mutual Indemnity/Contribution Agreement,2*dated as of June 17, 2018 by and among the5-Company, Vintage RTO, L.P. and Samjor Family, LP.D lyma+e?tNu$P !"#$%& fffffX@ 1 )Press Release, dated as of June 17, 2018.!!!"#$$____________________________1%)Created by Morningstar Document Research.0&(http://documentresearch.morningstar.com/x}qI=PF0*8X> @&&%%$$ l  $-C.  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } 2} } 0 $      B. Riley Financial, Inc. 8-K 06/20/2018%Guggenheim Lender CommitmentsGuggenheim Lender Sub-AccountFirst Out Tranche   Commitment ($)' Delaware Life Insurance Company DUSG1~ . &Delaware Life Insurance Company of New DNYG1~ -1 York% EAF comPlan II - Private Debt  COMPLANFV~ -1%Guggenheim Credit Income Fund CCIF~ Zb-%Guggenheim Private Debt Fund 2.0, LLCPDF-2LLC~ B)/'Guggenheim Private Debt Fund 2.0-I, LLCPDF-2l~ =0(Guggenheim Private Debt Fund Note IssuerPDFNI-2~ c)2.0, LLC"Maverick Enterprises, Inc. MAV~ >I/'Midland National Life Insurance Company MIDLAND (SLP)~ -1 MID-IUL (SLP)~  MID-ANN (SLP)~ vBOLI-GEN (SLP)~ 2*North American Company for Life and Health NACOLAH (SLP)~ z Insurance NAC-IUL (SLP)~ H NAC-ANN (SLP)~  NZC Guggenheim Fund LLCNZCG-LLC~ 6n,$SCS Core Fixed Income Plus Fund, LLC SCS~ BwVerger Capital Fund LLCVERGER~  Total~ ^_D lvj^ @0JKWF !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/ <=PF0*8X> @##""!! l  /:s?  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } } I; /      B. Riley Financial, Inc. 8-K 06/20/2018%Guggenheim Lender CommitmentsAdministrative Agent:3+Prior to the maturity or earlier prepayment 1 )and termination of the First Out Tranche, - %Guggenheim Corporate Funding, LLC (in 0 (such capacity, and collectively with its - %permitted successors and assigns, the . &? Administrative Agent ?) will perform.&the duties customarily associated with4,such role. Following the maturity or earlier/'prepayment and termination of the First0(Out Tranche and prior to the maturity or-%earlier prepayment and termination of0(the Second Out Tranche, the holders of a0(majority of the Second Out Tranche shall2*select a replacement administrative agent.4,Following the maturity or earlier prepayment2*and termination of the Second Out Tranche,1)the holders of a majority of the Last Out91Tranche shall select a replacement administrativeagent.Collateral Agent:2*B Riley (in such capacity and collectively2*with its permitted successors and assigns,2*the ? Collateral Agent ?) will perform the/'duties customarily associated with such role.D lvj^H K OGL  !"#$%&'()*+,-. Lenders:4 ,A syndicate of banks, financial institutions!1!)and other entities, including the Initial"3"+Lenders, arranged by the Commitment Parties#1#)(excluding any Disqualified Institutions)$1$)and reasonably acceptable to the Borrower%6%.subject to the provisions above (collectively,&6&.the ? Term Lenders ?); provided , that nothing'0'(herein shall affect the consent right of(0((the Borrower set forth under the heading)))!?Assignments and Participations?.*+$,____________________________1-)Created by Morningstar Document Research.0.(http://documentresearch.morningstar.com/"ls0h"i]Q)=PF0*8X> @..--,, l  NULV_Z  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } } 8 N      B. Riley Financial, Inc. 8-K 06/20/2018%Guggenheim Lender Commitments Fees and Interest Rates:5-As set forth in Annex I to Exhibit B attached  hereto.  Closing Fees:' As set forth in the Fee Letter. Optional Prepayments:1 )Term Loans may be prepaid, in whole or in / 'part without premium or penalty (except / 'as set forth below), in minimum amounts3+to be mutually agreed, at the option of the6.Borrower at any time, in the case of the First/'Out Tranche, and, at any time following2*the first (1st) anniversary of the Closing3+Date, in the case of the Second Out Tranche4,and the Last Out Tranche, in each case, upon2*one (1) business day?s (or, in the case of4,a prepayment of Eurodollar Loans (as defined5-in Annex I to Exhibit B attached hereto),/'three (3) business days?) prior notice,5-subject to: (a) reimbursement of the Lenders?.&actual breakage costs (other than lost5-profits) incurred in the case of a prepayment0(of Eurodollar Loans prior to last day of1)the relevant interest period; and (b) for.&all optional prepayments of the Second5-Out Tranche and the Last Out Tranche, payment3+at (i) 102% of the principal amount prepaidD` lvj^H A}9n/g' !"#$%&'()*+,-./0123456789:;<=>? 1 )plus all accrued and outstanding interest!/!'on account of such principal prepaid if"5"-such prepayment is made at any time following#2#*the first (1st) anniversary of the Closing$1$)Date and through and including the second%.%&(2nd) anniversary of the Closing Date,&1&)(ii) 101% of the principal amount prepaid'1')plus all accrued and outstanding interest(/('on account of such principal prepaid if)5)-such prepayment is made at any time following*3*+the second (2nd) anniversary of the Closing+0+(Date and through and including the third,1,)(3rd) anniversary of the Closing Date and-5--(iii) at 100% of the principal amount prepaid.1.)plus all accrued and outstanding interest///'on account of such principal prepaid if050-such prepayment is made at any time following121*the third (3rd) anniversary of the Closing2/2'Date. For the avoidance of doubt, there363.shall not be any prepayment premium or penalty444,on optional prepayments of First Out Tranche515)other than Eurodollar Loan breakage costs636+of the type described in clause (a) of this77 paragraph.889.9&Optional prepayments of the Term Loans:4:,shall be applied as directed by the Borrower;3;+(or, in the absence of direction, in direct<0<(order of maturity), provided , that such=4=,payments are applied in the following order:>>??D l;z9t1k*d%Z[@ABCDEFGHIJKLM@5@-First , to the outstanding First Out TrancheAAuntil paid in full;BBC7C/Second , to the outstanding Second Out TrancheDDuntil paid in full; andEEF4F,Third , to the outstanding Last Out TrancheGGuntil paid in full.HHIJ$K____________________________1L)Created by Morningstar Document Research.0M(http://documentresearch.morningstar.com/ ^x1{cWK#=PF0*8X> @MMLLKK l  JfqHt  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } $} I; J      B. Riley Financial, Inc. 8-K 06/20/2018%Guggenheim Lender CommitmentsMandatory Prepayments:1)Mandatory prepayments of Term Loans shall   be required: 8 0a) from 85% of ?Excess Cash Flow? (to be defined 3 +in a manner to be agreed and calculated for . &each fiscal year of Holdings beginning 0 (with the fiscal year ending December 31,/'2018) of Holdings and its Subsidiaries, on a consolidated basis;6.b) from 100% of the net cash proceeds received3+by Holdings or any of its Subsidiaries from91any unpermitted debt issuances or any refinancing indebtedness;1)c) from 100% of the net cash proceeds (in.&excess of $1,000,000 in the aggregate)/'received by received by Holdings or any4,of its Subsidiaries for certain non-ordinary6.course dispositions of assets and any casualty.&and condemnation events, except to the.&extent such proceeds are reinvested in0(assets used or useful in the business of/'Holdings and its Subsidiaries within 90.&days following receipt thereof (or, to-%the extent committed for reinvestment5-within such initial 90-day period, reinvestedD lvj^Xk%t3r,p1 !"#$%&'()*+,-./0123456789:;<=>? / 'within 270 days after the expiration of!$!such initial 90-day period);"1")d) from 100% of the amount of any Letters#/#'of Credit Cash Collateral (in excess of$.$&$250,000 in the aggregate) released to%5%-Holdings or any of its Subsidiaries following&&the Closing Date;'1')e) from 100% of the net cash proceeds (in(1()excess of $250,000 in the aggregate) from)#)Refranchising Transactions;*.*&f) from 100% of extraordinary receipts+2+*(to be defined to include certain material,1,)tax refunds and litigation and settlement-9-1proceeds) by Holdings or any of its subsidiaries;.7./g) upon the occurrence of any Change of Control/2/*(such term to be defined in a manner to be010)agreed and otherwise consistent with this1/1'Summary of Terms and Conditions and the202(Documentation Principles), in which case3/3'the entire outstanding principal amount424*of the Term Loans shall be payable in full55 (at par);646,h) in the case of the First Out Term Loans,757-in an amount necessary to cause the Borrowing838+Base (as defined below) to be not less than919)60.0% of the outstanding principal amount:1:)of the First Out Term Loans, in each case;2;*measured on and as of the last day of each<0<(fiscal quarter ending on March 31 of any=.=&fiscal year, which prepayment shall be>7>/made no later than five business days following?.?&the date on which financial statementsD\ lL a n,[Ys.i'@ABCDEFGHI@2@*were delivered or required to be deliveredA$Afor such fiscal quarter; andBBC3C+i) by 100% of the proceeds of any SpecifiedDDEquity Contribution.EF$G____________________________1H)Created by Morningstar Document Research.0I(http://documentresearch.morningstar.com/nr/=PF0*8X> @IIHHGG l  5̀  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } '} : 5      B. Riley Financial, Inc. 8-K 06/20/2018%Guggenheim Lender Commitments.&The Administrative Agent shall have no 0 (responsibility to ensure (and shall have / 'no liability for any failure to ensure) 8 0that the foregoing limitations as to assignments . &and participations are observed by the   Term Lenders.2*Notwithstanding the foregoing, in no event3+shall the Administrative Agent be obligated1)to (or have any liability for any failure/'to) ascertain, monitor or inquire as to80whether any person is a Disqualified Institution80or Non-Debt Fund Affiliate or have any liability80with respect to or arising out of any assignment2*or participation of Term Loans by the Term-%Lenders or disclosure of confidential0(information by the Term Lenders, in each.&case, to any Disqualified Institution.Yield Protection:1)The Term Loan Documentation shall contain1)provisions, in each case, consistent with3+the Documentation Principles (a) protecting0(the Term Lenders against increased costs/'or loss of yield resulting from changes/'in reserve, capital adequacy, liquidityD lvj^ YYIBq. !"#$%&'()*+,-./01234 0 (and other requirements of law (including!6!.increased costs attributable to the Dodd-Frank"2"*Wall Street Reform and Consumer Protection#6#.Act and Basel III (regardless of when enacted,$2$*implemented or adopted)), (b) indemnifying%6%.the Term Lenders for ?breakage costs? incurred&/&'in connection with, among other things,'/''any prepayment of a Eurodollar Loan (as(2(*defined in Annex I to Exhibit B hereto) on)4),a day other than the last day of an interest*/*'period with respect thereto (other than+0+(lost profits) and (c) providing the Term,5,-Lenders with a customary tax gross up subject- -to customary exceptions.(. Customary EU Bail-In Provisions:1.)The Term Loan Documentation shall contain/(/ customary EU Bail-in provisions.01$2____________________________13)Created by Morningstar Document Research.04(http://documentresearch.morningstar.com/.tz8j+f'r=PF0*8X> @443322 l  >#ڝ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } U} : >      B. Riley Financial, Inc. 8-K 06/20/2018%Guggenheim Lender CommitmentsInterest Rate Options:2*The Borrower may elect that the Term Loans / 'comprising each borrowing bear interest 5 -at a rate per annum equal to (a) the ABR plus 3 +the Applicable Margin or (b) the Eurodollar (  Rate plus the Applicable Margin.  As used herein:3+? ABR ? means the highest of (i) the ?U.S./'Prime Lending Rate? as published in The2*Wall Street Journal (the ? Prime Rate ?),2*(ii) the Federal funds effective rate from1)time to time, plus 0.50% per annum, (iii)/'one month Eurodollar Rate plus 1.0% per$annum and (iv) 2% per annum.7/? ABR Loans ? means Term Loans bearing interestbased upon the ABR.0(? Applicable Margin ? means with respect2*to (a) the First Out Tranche, (i) 4.50% in3+the case of ABR Loans and (ii) 5.50% in the0(case of Eurodollar Loans; (b) the Second1)Out Tranche, (i) 6.00% in the case of ABR6.Loans and (ii) 7.00% in the case of Eurodollar2*Loans; (c) the Last Out Tranche, (i) 8.00%2*in the case of ABR Loans and (ii) 9.00% in%the case of Eurodollar Loans.D lvj^?^Z&t2n( !"#$%&'()*+,-./0123456789:;<= 5 -? Eurodollar Rate ? means the rate (adjusted!.!&for statutory reserve requirements for"0"(eurocurrency liabilities) for eurodollar#0#(deposits for a period equal to one, two,$/$'three, six, or, to the extent consented%1%)to by the Required Lenders, twelve months&7&/or a period of less than one month (as selected'2'*by the Borrower) appearing on LIBOR01 Page(1()published by Reuters; provided , that (i))2)*the Eurodollar Rate in respect of the Term*2**Loan Facility shall not be less than 1.00%+2+*and (ii) the Term Loan Documentation shall,8,0permit the Administrative Agent, in consultation-3-+with the Borrower, to select an alternative.2.*methodology for determining the Eurodollar/+/#Rate under customary circumstances.050-? Eurodollar Loans ? means Term Loans bearing101(interest based upon the Eurodollar Rate.2Interest Payment Dates:72/In the case of ABR Loans, quarterly in arrears.343,In the case of Eurodollar Loans, on the last414)day of each relevant interest period and,515)in the case of any interest period longer626*than three months, on each successive date707(three months after the first day of such88interest period.9:$;____________________________1<)Created by Morningstar Document Research.0=(http://documentresearch.morningstar.com/@o D}=}6q/b `} @==<<;; l  Ĩ  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } } } $} <(} $       B. Riley Financial, Inc. 8-K 06/20/2018$9. Subscription Information. Business 21255 Burbank Road  Address(es)      Woodland Hills, CA 91367   Principal Residence    Address Send Mail to ____ Home X!Office (Please Check One)Business Telephone(818) 884-3737Home Telephone ( )E-mail Address)!Date of Birth: __________________$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:wk_#zbXMf=PF0*8X> @2   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } } $ } }        B. Riley Financial, Inc. 8-K 06/20/2018kcSECURITIES ACT ), OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE THAT WOULD REQUIRE REGISTRATI*"If signing for an entity investor:~ K    ' (Aggregate Contribution Amount)      Name: B. Riley Financial, Inc.  $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/&@<0$E=PF0*8X> @*  l  M  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UNDTABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } I } $ } }        B. Riley Financial, Inc. 8-K 06/20/2018kcSECURITIES ACT ), OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE THAT WOULD REQUIRE REGISTRATIAttest:Title: CEO" (if entity is corporation)     - %If signing as an individual investor:$ Executed in the presence of:     $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/&@<0$9=PF0*8X> @2    l  4  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } U} *} } $ 4      B. Riley Financial, Inc. 8-K 06/20/2018TABLE OF CONTENTS Page    % ARTICLE I: GENERAL PROVISIONS~       ?  Formation~      333333? Name~ ?Purpose~ ffffff?Place of Business~ /'ARTICLE II: DEFINITIONS; DETERMINATIONS~ @ Definitions~ @Determinations~ 3+ARTICLE III: CAPITAL CONTRIBUTIONS; CAPITAL~ ACCOUNT ALLOCATIONS@Capital Contributions~  @#Capital Account Allocations~ D|lvjB^.S ]t# !"#$%&'()*+,-./0123    !ffffff @!Distributions in Kind~ !!""""!#ARTICLE IV: DISTRIBUTIONS~ #"#$$$$%ffffff@%Distribution Policy~ %"%&&&&'@'Omitted~ '"'(((()333333@+)#Distributions and Return of Capital~ )")****3++ARTICLE V: INVESTMENT MANAGER; REIMBURSABLE~ +&+,EXPENSES----.ffffff@.Investment Manager~ .&./0$1____________________________12)Created by Morningstar Document Research.03(http://documentresearch.morningstar.com/,|Si*o xP=PF0*8X> @Z 332211,,++##  l  ;k9  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (2)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } U} 2} } $ ;      B. Riley Financial, Inc. 8-K 06/20/2018TABLE OF CONTENTS@Management Fee~ &     333333@ Reimbursable Expenses~ &      333333@ Reimbursable Expenses~ &     333333@Reimbursable Expenses~ &#ARTICLE VI: GENERAL PARTNER~ *ffffff@Management Authority~ *@2*Limitations on Indebtedness and Guarantees~ *@ UBTI~ *@Plan Asset Regulations~ *ffffff@#Ordinary Operating Expenses~ *@%Transfer, Withdrawal or Loans~ *333333@'Exculpation and Indemnification~ .Dlvj$w*}< .D<  !"#$%&'()*+,-./0123456789: @2 *Formation of New Fund or Business Endeavor~ 2 !!!!"ffffff@*""General Partner Time and Attention~ "2"####%$ARTICLE VII: LIMITED PARTNERS~ $2$%%%%&ffffff@&Limited Liability~ &2&''''(@&(No Participation in Management~ (2())))*333333@-*%Transfer of Limited Partner Interests~ *2*++++,@,No Withdrawal or Loans~ ,:,----.@.No Termination~ .:.////0ffffff@.0&Additional Limited Partners: Increased~ 0:011Capital Contributions22223@3Omitted~ 3:344445333333@-5%Indemnification and Reimbursement for~ 5:56'6Payments on Behalf of a Partner7$8____________________________19)Created by Morningstar Document Research.0:(http://documentresearch.morningstar.com/:nq(rg!f6j3'=PF0*8X> @*::9988$$ l  95  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (3)!Contribution Date all of the hoU } U} +} $} $ 9      B. Riley Financial, Inc. 8-K 06/20/2018TABLE OF CONTENTS@Omitted~ >     ffffff@  ?754 Election~ >     4 ,ARTICLE VIII: ADDITIONAL PERMITTED TRANSFERS~ >   AND RIGHTS,$ARTICLE IX: DURATION AND TERMINATION~ Z333333"@Duration~ Zffffff"@Omitted~ Z"@,$Early Termination of the Partnership~ Z"@&Liquidation of the Partnership~ Z&ARTICLE X: VALUATION OF ASSETS~ b333333$@Normal Valuation~ bffffff$@Omitted~ b/'ARTICLE XI: BOOKS OF ACCOUNTS; MEETINGS~ bDlvj+4d4i9o?X !"#$%&'()*+,-./012345678 333333&@ Books~ b !!!!"ffffff&@" Fiscal Year~ "b"####$&@$Reports~ $b$%%%%&&@&Omitted~ &f&''''('@(Tax Allocation~ (f())))*333333'@"*Partnership Representative~ *f*++++,ffffff'@,Audit Procedures~ ,f,----8.0ARTICLE XII: CERTIFICATE OF LIMITED PARTNERSHIP;~ .j./POWER OF ATTORNEY00001333333(@*1"Certificate of Limited Partnership~ 1j122223ffffff(@3Power of Attorney~ 3j345$6____________________________17)Created by Morningstar Document Research.08(http://documentresearch.morningstar.com/6AP rBzJ|_/\PD=PF0*8X> @R 887766//..   l    dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)!Contribution Date all of the hoU } } I"} $} $       B. Riley Financial, Inc. 8-K 06/20/2018TABLE OF CONTENTS#ARTICLE XIII: MISCELLANEOUS~ n     333333*@  Amendments~ n      ffffff*@  Successors~ n     *@#Governing Law: Severability~ n*@Notices~ n+@ Legal Counsel~ n333333+@Entire Agreement~ rffffff+@ Miscellaneous~ r+@$No Third Party Beneficiaries~ r$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dvj)ES#f6maU-=PF0*8X> @" l  /  dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/?? DELAWAREForwardLooking StatementsGuggenheim Lender CommitmentsGuggenheim Lender Commitm (1)Guggenheim Lender Commitm (2)Guggenheim Lender Commitm (3)Guggenheim Lender Commitm (4)Guggenheim Lender Commitm (5)9 Subscription Information!SECURITIES ACT OR QUALIFIED UND!SECURITIES ACT OR QUALIFIED (1)TABLE OF CONTENTSTABLE OF CONTENTS (1)TABLE OF CONTENTS (2)TABLE OF CONTENTS (3)U } $ } } 0.       B. Riley Financial, Inc. 8-K 06/20/2018kcContribution Date ), all of the holders of issued and outstanding equity interests ( Buddy s IntereVery truly yours,    VINTAGE RODEO, L.P.    By:. &Vintage Rodeo GP, LLC, General Partner $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(T<0$G;/=PF0*8X> @*  Root Entry FBook    !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~