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RCII > SEC Filings for RCII > Form 8-K on 21-Feb-2014All Recent SEC Filings

Show all filings for RENT A CENTER INC DE



Entry into a Material Definitive Agreement, Financial Statements and Exhibit

Item 1.01 Entry into a Material Definitive Agreement.

On February 20, 2014, Rent-A-Center, Inc. (the "Company") entered into a Waiver agreement with JPMorgan Chase Bank, N.A., as administrative agent ("JPMorgan") and the other lenders party thereto pursuant to which the lenders agreed to waive compliance with certain provisions in the Fourth Amended and Restated Credit Agreement, dated July 14, 2011 (as heretofore amended and as may be further amended, supplemented or otherwise modified from time to time, the "Credit Agreement") among the Company, the lenders party thereto and JPMorgan, as administrative agent, permitting the Company, subject to the approval of the Company's board of directors, to declare on March 6, 2014 a cash dividend on the common stock of the Company, par value $0.01 per share ("Common Stock"), and to subsequently pay such dividend to the applicable holders of such Common Stock, in each case, in an aggregate amount not to exceed $15,000,000. The foregoing description of the Waiver is qualified in its entirety by reference to the full text of the Waiver, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

10.1        Waiver, dated February 20, 2014, among Rent-A-Center, Inc., as
            borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as
            administrative agent.

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