Amendment to Employment Agreement between Raul Ramos and FirstCash Holdings, Inc., dated March 3, 2025

EX-10.5 6 fcfs03032025exhibit105.htm EX-10.5 Document

EXHIBIT 10.5

AMENDMENT TO EMPLOYMENT AGREEMENT

BETWEEN

RAUL RAMOS

AND

FIRSTCASH HOLDINGS, INC.

This Amendment to the Employment Agreement (the "Amendment") is made and entered into as of March 3, 2025 by and between FirstCash Holdings, Inc. (the "Company") and Raul Ramos (the "Executive").

WHEREAS, FirstCash, Inc. (the predecessor entity to FirstCash Holdings, Inc.) and the Executive entered into an Employment Agreement dated July 30, 2018 (the "Agreement");

WHEREAS, the Company and the Executive desire to amend the Agreement to extend the term of the Agreement and adjust the base salary;

NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties hereto agree as follows:

1.Extension of Term: The ending term of the Agreement (the “Term” as defined in Section 2.) is hereby changed to December 31, 2026 along with the commencement of the automatic renewal provision which is to become effective on December 31, 2026 as well.

2.Base Salary: The Executive's base salary (as defined in Section 4.(a)) shall be adjusted to $549,000 per year, effective as of January 1, 2025.

3.No Other Changes: Except as expressly amended hereby, the Agreement shall remain in full force and effect in accordance with its terms.

IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the day and year first above written.

FirstCash Holdings, Inc.

By: __________________________
Name: Rick Wessel
Title: CEO

Raul Ramos

By: __________________________
Raul Ramos