changes in general economic and business conditions

EX-10.12.1 10 a06513exv10w12w1.txt EXHIBIT 10.12.1 EXHIBIT 10.12.1 FIRST AMENDMENT TO THE MASTER ALLOCATION AGREEMENT This FIRST AMENDMENT ("Amendment") to the MASTER ALLOCATION AGREEMENT ("Agreement") is made effective as of December 1, 2004 by and among the parties affected by the Amendment to the Agreement. RECITALS WHEREAS, Administrative Allocations have been recalculated for 2004 and the parties affected by the changes desire to have the Agreement amended to reflect those changes. AGREEMENT In consideration of the mutual promises set forth herein, and in reliance upon the recitals set forth above, the parties agree as follows: 1. EXHIBIT A-1 shall be replaced in its entirety by Exhibit A-2, attached hereto. 2. Any reference to Exhibit A in the Agreement shall be replaced and referenced as Exhibit A-2 to the Agreement. IN WITNESS WHEREOF, the undersigned have executed this Amendment to be effective as of the date first set forth above. WESTCORP WESTERN AUTO INVESTMENTS, INC. By: ___________________________________ By: _________________________________ Thomas A. Wolfe, President John Coluccio, President WESTRAN SERVICES CORP. WESTERN FINANCIAL BANK By: ___________________________________ By: _________________________________ Shelley M. Chase, President Thomas A. Wolfe, Vice Chairman & President WFS FINANCIAL INC WFS INVESTEMENTS, INC. By: ___________________________________ By: _________________________________ Lee Whatcott, Senior Executive Vice Thomas A. Wolfe, President President, Chief Financial Officer & Chief Operating Officer WFS FINANCIAL AUTO LOANS 2, INC. WFS FUNDING, INC. By: ___________________________________ By: _________________________________ John Coluccio, President Keith Ford, Assistant Vice President & Secretary WFS RECEIVABLES CORPORATION WFS RECEIVABLES CORPORATION 2 By: ___________________________________ By: _______________________________ John Coluccio, President Keith Ford, Assistant Vice President & Secretary WFS RECEIVABLES CORPORATION 3 WFS RECEIVABLES CORPORATION 4 By: ___________________________________ By: _______________________________ Keith Ford, Assistant Vice Keith Ford, Assistant Vice President & Secretary President & Secretary THE HAMMOND COMPANY, THE MORTGAGE BANKERS WESTFIN INSURANCE AGENCY, INC. By: ___________________________________ By: _______________________________ Thomas A. Wolfe, President & Chief Nancy Harris, Vice President Executive Officer WESTERN RECONVEYANCE COMPANY, INC. WESTERN CONSUMER SERVICES, INC. By: ___________________________________ By: _______________________________ J. Keith Palmer, President, Chief Mark Olson, Vice President & Executive Officer & Treasurer Controller WESTERN CONSUMER PRODUCTS WFS WEB INVESTMENTS By: ___________________________________ By: _______________________________ Mark Marty, President Thomas Wolfe, President WESTERN FINANCIAL ASSOCIATE SOLUTIONS By: ___________________________________ Karen Marchak, President