Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
CPF > SEC Filings for CPF > Form 8-K on 31-Jan-2014All Recent SEC Filings




Entry into a Material Definitive Agreement, Material Modification

Item 1.01 Entry into a Material Definitive Agreement

Tax Benefits Preservation Plan

On January 31, 2014, Central Pacific Financial Corp., a Hawaii corporation (the "Company"), adopted an amendment ("Amendment") to the Tax Benefits Preservation Plan, dated as of November 23, 2010 (the "Plan") between the Company and Wells Fargo Bank, National Association, a national banking association, as Rights Agent (the "Rights Agent") to extend the "Final Expiration Date" (as defined in the Plan) to continue to protect against a possible limitation on the Company's ability to use certain tax assets (such as, Net Operating Loss ("NOLs") carry forwards) to offset future income. The Amendment extended the Final Expiration Date under the Plan for an additional two-year period, from February 18, 2014 to February 18, 2016.

A copy of the Amendment, is attached hereto as Exhibit 4.1 and incorporated herein by reference.

Item 3.03 Material Modification to Rights of Security Holders

The information set forth under "Item 1.01 Entry Into a Material Definitive Agreement" of this Current Report on Form 8-K is incorporated into this Item 3.03 by reference.

Item 9.01. Financial Statements and Exhibits.

(d) The following exhibits are being filed herewith:

Exhibit No.                            Exhibit Description
4.1            Amendment No. 1 to Tax Preservation Plan, dated January 31, 2014,
               between Central Pacific Financial Corp. and Wells Fargo Bank,
               National Association

  Add CPF to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for CPF - All Recent SEC Filings
Copyright © 2015 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.