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GDOT > SEC Filings for GDOT > Form 8-K on 8-Nov-2012All Recent SEC Filings

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Form 8-K for GREEN DOT CORP


8-Nov-2012

Termination of a Material Definitive Agreement


Item 1.02. Termination of a Material Definitive Agreement.
On November 2, 2012, Green Dot Corporation (the "Company") received that certain Satisfaction (the "Satisfaction Agreement") of the Sixth Amended and Restated Line of Credit Note by Columbus Bank and Trust Company, a division of Synovus Bank ("CB&T"). Pursuant to the Satisfaction Agreement, the Sixth Amended and Restated Loan and Line of Credit Agreement, dated March 24, 2010 between the Company and CB&T, as amended, was terminated. The Satisfaction Agreement was delivered in connection with the previously-disclosed transition of the card issuing program under the Program Agreement, dated as of November 1, 2009, between the Company and CB&T to the Company's subsidiary bank.


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