Temporary Increase Amendment to Contract Cash Solutions Agreement between Cardtronics Inc., Cardtronics USA, Inc., and Wells Fargo Bank, N.A.
This agreement is between Cardtronics Inc., Cardtronics USA, Inc., and Wells Fargo Bank, N.A. It temporarily increases the maximum available amount under their existing Contract Cash Solutions Agreement to $650 million from September 1, 2011, through February 28, 2012. After this period, the limit reverts to $600 million. The amendment does not change any other terms of the original agreement and is effective only if signed by all parties by August 31, 2011.
Exhibit10.2
West Houston
Commercial Banking
MAC T5082-110
2500 Citywest Blvd., Suite 1100
Houston, TX 77042
August 22, 2011
Todd Ruden
Senior Vice President,
Planning and Treasurer
Cardtronics USA, Inc.
3250 Briarpark Drive, Suite 400
Houston, TX 77042
Re: Contract Cash Solutions Agreement
Temporary Increase in Maximum Available Amount
Ladies and Gentlemen:
Reference is made to the July 20, 2007, Contract Cash Solutions Agreement among Cardtronics Inc., Cardtronics USA, Inc. (successor by conversion to Cardtronics LP) (“Clients”) and Wells Fargo Bank, National Association (“Wells Fargo”) (as modified and amended, the “Agreement”). Capitalized terms used but not defined herein have the meanings ascribed to them in the Agreement.
Clients have requested, and Wells Fargo has agreed, to temporarily increase the Maximum Available Amount as set forth in Section II.C of the Agreement to $650,000,000 for the period from September 1, 2011 through February 28, 2012. Effective at the close of business on February 28, 2012, this agreement will terminate and the Maximum Available Amount will revert to $600,000,000 as set forth in the Fifth Amendment to the Contract Cash Solutions Agreement.
This letter constitutes the entire agreement of the Parties relating to the subject matter hereof and may not be changed orally, but only by written agreement signed by both Parties. Nothing in this letter alters or impairs the Agreement except for the agreements specifically provided herein.
Please indicate your acceptance of these terms by signing and returning a copy of this letter to us on or before August 31, 2011.
Yours very truly,
WELLS FARGO BANK, NATIONAL ASSOCIATION
By: /s/ John Kallina
John L. Kallina
Senior Vice President
West Houston
Commercial Banking
MAC T5082-110
2500 Citywest Blvd., Suite 1100
Houston, TX 77042
ACCEPTED AND AGREED TO ON
August 29, 2011:
CARDTRONICS, INC.
By: /s/ Todd Ruden
Name: Todd Ruden
Title: SVP, Planning & Treasurer
CARDTRONICS USA, INC.
By: /s/ Todd Ruden
Name: Todd Ruden
Title: SVP, Planning & Treasurer
