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Quotes & Info
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| DLLR > SEC Filings for DLLR > Form 8-K on 31-Dec-2012 | All Recent SEC Filings |
31-Dec-2012
Entry into a Material Definitive Agreement, Creation of a Direct Financial Oblig
On December 31, 2012, DFC Global Corp. (the "Company"), along with certain of its direct and indirect wholly owned subsidiaries, entered into the Second Amendment (the "Amendment") to the Second Amended and Restated Credit Agreement dated as of March 3, 2011 (as amended to date, the "Credit Agreement") with Wells Fargo Bank, National Association and the lenders party thereto. The Amendment increases the Company's flexibility to obtain non-recourse financing of consumer receivables through special purpose entities by excluding the effects of such financing from the financial covenants in the Credit Agreement.
A copy of the Amendment is attached hereto as Exhibit 10.1 and is incorporated herein by reference. The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment.
The information set forth in Item 1.01 above is incorporated by reference into this Item 2.03.
On December 6, 2012, the Company disclosed in a current report on Form 8-K that the Company's Board of Directors (the "Board") had, on December 5, 2012, approved an amendment and restatement of the DFC Global Corp. Deferred Compensation Plan (the "Deferred Compensation Plan") to incorporate certain design, clarifying and administrative changes, including the addition of certain limitations on the ability of participants on international assignment to continue participating in the Deferred Compensation Plan. On December 26, 2012, the Board approved additional amendments to the Deferred Compensation Plan regarding participants on international assignment providing that any such participant who is on international assignment during the year ended December 31, 2012, and who would otherwise be ineligible to participate after such year while on international assignment, shall remain eligible to participate in the Deferred Compensation Plan.
This summary of the amendments made to the Deferred Compensation Plan is qualified in its entirety by reference to the full text of the Deferred Compensation Plan, as amended, which is filed as Exhibit 10.2 to this Form 8-K and is incorporated herein by reference.
(d) Exhibits
10.1 Second Amendment to the Second Amended and Restated Credit Agreement dated December 31, 2012 among DFC Global Corp., certain subsidiaries of DFC Global Corp. parties thereto, Wells Fargo Bank, National Association and the lenders party thereto.
10.2 DFC Global Corp. Deferred Compensation Plan, as amended
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