First Amendment to Master Allocation Agreement among Westcorp, Western Auto Investments, Inc., and Affiliates
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Summary
This amendment updates the Master Allocation Agreement among Westcorp, Western Auto Investments, Inc., and several affiliated companies. Effective December 1, 2004, the amendment replaces Exhibit A-1 with Exhibit A-2 and updates all references in the agreement accordingly. The purpose is to reflect recalculated administrative allocations for 2004. All affected parties have agreed to these changes, which are formalized by their signatures.
EX-10.20.1 11 a06512exv10w20w1.txt EXHIBIT 10.20.1 EXHIBIT 10.20.01 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, Chief Financial Officer & Chief President 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 President & Keith Ford, Assistant Vice Secretary President & Secretary THE HAMMOND COMPANY, THE MORTGAGE BANKERS WESTFIN INSURANCE AGENCY, INC. By: ___________________________________________ By: ___________________________ Thomas A. Wolfe, President & Chief Nancy Harris, Vice Executive Officer President 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