Exhibit 10.2

Execution Version
        

AMENDMENT NO. 1 TO CREDIT AGREEMENT

This AMENDMENT NO. 1 TO CREDIT AGREEMENT (this “Amendment”), dated as of June 5,
2014, is entered into by and among THE WESTERN UNION COMPANY, a Delaware
corporation (the “Company”), the several banks and other financial institutions
from time to time parties hereto as “Banks” (the “Banks”), WELLS FARGO BANK,
NATIONAL ASSOCIATION, in its capacity as the Swing Line Bank (in such capacity,
the “Swing Line Bank”), WELLS FARGO BANK, NATIONAL ASSOCIATION, CITIBANK, N.A.
and JPMORGAN CHASE BANK, N.A., in their respective capacities as Issuing Lenders
(in such capacity, an “Issuing Lender”), and WELLS FARGO BANK, NATIONAL
ASSOCIATION, as administrative agent for the Banks hereunder (in such capacity,
the “Administrative Agent”). Each capitalized term used and not otherwise
defined in this Amendment has the definition specified in the Credit Agreement
described below.
WITNESSETH:
WHEREAS, the Company, the Administrative Agent, the Swing Line Bank, the Issuing
Lenders and the Banks party thereto have entered into that certain Credit
Agreement dated as of September 23, 2011 (the “Credit Agreement”), pursuant to
which, among other things, the Banks have made available to the Company a
revolving credit facility;
WHEREAS, the Company has advised the Administrative Agent and the Banks that it
desires to amend the Credit Agreement;
WHEREAS, the Administrative Agent, the Swing Line Bank, the Issuing Lenders and
the Banks are willing to so amend the Credit Agreement on the terms and
conditions contained in this Amendment; and
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged by the parties hereto, the parties hereto
hereby agree as follows:
1.Amendments to Credit Agreement. Subject to the terms and conditions set forth
herein, the Credit Agreement is hereby amended as follows:
    
(a)    Section 1.1 is amended to add the following definition after the
definition of “Guarantee Obligation” therein:

“Hedging Agreement”: any agreement with respect to any swap, forward, future or
derivative transaction or option or similar agreement involving, or settled by
reference to, one or more rates, currencies, commodities, events, equity or debt
instruments or securities, or economic, financial or pricing indices or measures
of economic, financial or pricing risk or value or any similar transaction or
any combination of these transactions, that is entered into by the Company or
any of its Subsidiaries for hedging purposes.

(b)    The definition of “Indebtedness” in Section 1.1 is amended to delete the
last sentence thereof and to substitute therefor the following:
For the purposes of this definition, the following shall not constitute
Indebtedness: (A) any obligations of the Company or any of its Subsidiaries
under any Hedging Agreement, and (B) the issuance of payment instruments,
consumer funds transfers, or other amounts paid to or received by the Company,
any of its Subsidiaries or any agent thereof in the ordinary course of business
in order for the Company or such Subsidiary to make further distribution to a
third party, to the extent payment in respect thereof has been received by the
Company, such Subsidiary or any agent thereof.
(c)    The definition of “LIBOR Rate” in Section 1.1 is amended and restated in
its entirety as follows:

--------------------------------------------------------------------------------

“LIBOR Rate”: with respect to each LIBOR Loan constituting part of the same
borrowing for any Interest Period, (A) with respect to any LIBOR Loan
denominated in Dollars, an interest rate per annum obtained by dividing (i) (y)
the rate of interest appearing on Reuters Screen LIBOR01 Page (or any successor
page) equal to the London Interbank Offered Rate, or a comparable or successor
rate which rate is approved by the Administrative Agent (with the consent of the
Company, not to be unreasonably withheld, conditioned or delayed), as published
on the applicable Reuters screen page (or such other commercially available
source providing such quotations as may be designated by the Administrative
Agent (with the consent of the Company, not to be unreasonably withheld,
conditioned or delayed) from time to time) for Dollar deposits or (z) if no such
rate is available, the rate of interest determined by the Administrative Agent
to be the rate or the arithmetic mean of rates at which Dollar deposits in
immediately available funds are offered to first-tier banks in the London
interbank Eurodollar market, in each case under clause (y) or (z) above at
approximately 11:00 a.m., London time, two Business Days prior to the first day
of such Interest Period for a period substantially equal to such Interest Period
and in minimum amounts of at least $5,000,000, by (ii) the amount equal to 1.00
minus the Reserve Requirement (expressed as a decimal) for such Interest Period,
and (B) with respect to any LIBOR Loan denominated in a Foreign Currency, an
interest rate per annum obtained by dividing (i) (x) the rate of interest
appearing on Reuters Screen LIBOR01 Page (or any successor page) equal to the
London Interbank Offered Rate, or a comparable or successor rate which rate is
approved by the Administrative Agent (with the consent of the Company, not to be
unreasonably withheld, conditioned or delayed), as published on the applicable
Reuters screen page (or such other commercially available source providing such
quotations as may be designated by the Administrative Agent from time to time
(with the consent of the Company, not to be unreasonably withheld, conditioned
or delayed)) for deposits in such Foreign Currency, or (y) if no such rate is
available, the rate of interest determined by the Administrative Agent to be the
rate or the arithmetic mean of rates at which such Foreign Currency deposits in
immediately available funds are offered to first-tier banks in the London
interbank market, in each case under clause (x) or (y) above at approximately
11:00 a.m., London time, two Business Days prior to the first day of such
Interest Period for a period substantially equal to such Interest Period and in
minimum amounts of at least $5,000,000, by (ii) the amount equal to 1.00 minus
the Reserve Requirement (expressed as a decimal) for such Interest Period.
(d)    Section 6.2 is amended by deleting the word “and” after subparagraph (i),
redesignating current subparagraph (j) as subparagraph (k), and inserting
immediately prior to such subparagraph the following new subparagraph (j):
(j)    Liens in favor of any bank, broker, futures commission merchant, dealer,
clearing agent, clearing house, swaps execution facility, designated contract
market or trading facility, on property or assets held in the ordinary course of
business in accounts maintained with such institution (or with another
institution for the benefit of such institution) in connection with Hedging
Agreements; and
2.Effectiveness; Condition Precedent. The effectiveness of this Amendment and
the amendments provided in Section 1 are subject to the satisfaction of the
following conditions precedent:

(a)Documentation. The Administrative Agent shall have received, in form and
substance satisfactory to the Administrative Agent, counterparts of this
Amendment, duly executed by the Company, the Administrative Agent, the Swing
Line Bank, the Issuing Lenders and the Majority Banks.

(b)Fees. Any fees required to be paid on or before the effective date hereof
shall have been paid.

(c)Legal Expenses. The Company shall have paid all reasonable fees and expenses
due the Administrative Agent’s counsel as of the date hereof.

3.Representations and Warranties. In order to induce the Administrative Agent,
the Swing Line Bank, the Issuing Lenders and the Banks to enter into this
Amendment, the Company represents and warrants to the Administrative Agent and
the Lenders as follows:

(a)The representations and warranties made by it in Section 3 of the Credit
Agreement are true and correct in all material respects on and as of the date
hereof (except that any representation or warranty relating to or made expressly
as of a specific date shall be true and correct in all material respects solely
with respect to and as of such specific date);

--------------------------------------------------------------------------------

(b)This Amendment has been duly authorized, executed and delivered by the
Company and constitutes a legal, valid and binding obligation of the Company,
except as may be limited by general principles of equity or by the effect of any
applicable bankruptcy, insolvency, reorganization, moratorium or similar law
affecting creditors’ rights generally; and

(c)No Default or Event of Default has occurred and is continuing or will exist
after giving effect to this Amendment.

4.Entire Agreement. This Amendment, together with the Loan Documents
(collectively, the “Relevant Documents”), sets forth the entire understanding
and agreement of the parties hereto in relation to the subject matter hereof and
supersedes any prior negotiations and agreements among the parties relating to
such subject matter. No promise, condition, representation or warranty, express
or implied, not set forth in the Relevant Documents shall bind any party hereto,
and no such party has relied on any such promise, condition, representation or
warranty. Each of the parties hereto acknowledges that, except as otherwise
expressly stated in the Relevant Documents, no representations, warranties or
commitments, express or implied, have been made by any party to the other in
relation to the subject matter hereof or thereof. None of the terms or
conditions of this Amendment may be changed, modified, waived or canceled orally
or otherwise, except in writing and in accordance with Section 9.1 of the Credit
Agreement.

5.Full Force and Effect of Amendment; Loan Document. Except as hereby
specifically amended, modified or supplemented, the Credit Agreement and all
other Loan Documents are hereby confirmed and ratified in all respects and shall
be and remain in full force and effect according to their respective terms. This
Amendment is a Loan Document executed pursuant to the Credit Agreement and shall
(unless otherwise expressly indicated therein) be construed, administered and
applied in accordance with the terms and provisions of the Credit Agreement.

6.Counterparts. This Amendment may be executed in any number of counterparts,
each of which shall be deemed an original as against any party whose signature
appears thereon, and all of which shall together constitute one and the same
instrument. Delivery of an executed counterpart of a signature page of this
Amendment by facsimile or other electronic transmission (including .pdf) shall
be effective as delivery of a manually executed counterpart of this Amendment.

7.Governing Law. THIS AMENDMENT SHALL IN ALL RESPECTS BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING
SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK, BUT
OTHERWISE WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPLES).

8.Enforceability. Should any one or more of the provisions of this Amendment be
determined to be illegal or unenforceable as to one or more of the parties
hereto, all other provisions nevertheless shall remain effective and binding on
the parties hereto.

9.References. All references in any of the Loan Documents to the “Credit
Agreement” shall mean the Credit Agreement, as amended hereby and as from time
to time hereafter further amended, modified, supplemented, restated or amended
and restated.

10.Successors and Assigns. This Amendment shall be binding upon and inure to the
benefit of the Company, the Administrative Agent, the Swing Line Bank, the
Issuing Lenders and the Banks and their respective successors and assignees to
the extent such assignees are permitted assignees as provided in Section 9.6 of
the Credit Agreement.

[Signature pages follow.]

--------------------------------------------------------------------------------

IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to
Credit Agreement to be executed as of the date first above written.
COMPANY:
 
THE WESTERN UNION COMPANY
 
By: /s/ Devin Parker
Name: Devin Parker
Title: Assistant Treasurer

ADMINISTRATIVE AGENT:
 
WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent
 
By: /s/ Brian Buck
Name: Brian Buck
Title: Director

BANKS:
 
WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Bank, the Swing Line Bank and an
Issuing Lender
 
By: /s/ Brian Buck
Name: Brian Buck
Title: Director

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

CITIBANK, N.A., as a Bank and an Issuing Lender
 
By: /s/ Marina Donskaya
Name: Marina Donskaya
Title: V.P.

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

JPMORGAN CHASE BANK, N.A., as a Bank and an Issuing Lender
 
By: /s/ Neha Desai
Name: Neha Desai
Title: Vice President

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

Bank of America, N.A., as a Bank
 
By: /s/ Matthew C. White
Name: Matthew C. White
Title: Vice President

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

Barclays Bank PLC, as a Bank
 
By: /s/ Gregory Fishbein
Name: Gregory Fishbein
Title: Assistant Vice President

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

U.S. BANK NATIONAL ASSOCIATION, as a Bank
 
By: /s/ Marty McDonald
Name: Marty McDonald
Title: AVP

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

BNP Paribas, as a Bank
 
By: /s/ Jamie Dillon
Name: Jamie Dillon
Title: Managing Director
 
By: /s/ Joseph Mack
Name: Joseph Mack
Title: Vice President

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

FIFTH THIRD BANK, as a Bank
 
By: /s/ Sarah Kosch
Name: Sarah Kosch
Title: Officer

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

Goldman Sachs Bank USA, as a Bank
 
By: /s/ Michelle Latzoni
Name: Michelle Latzoni
Title: Authorized Signatory

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

Morgan Stanley Bank, N.A., as a Bank
 
By: /s/ Jason Lipschitz
Name: Jason Lipschitz
Title: Authorized Signatory

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

THE BANK OF NOVA SCOTIA, as a Bank
 
By: /s/ Thane Rattew
Name: Thane Rattew
Title: Managing Director

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

THE BANK OF TOKYO-MITSUBISHI UFJ, LTD, as a Bank
 
By: /s/ Jason Krogh
Name: Jason Krogh
Title: Authorized Signatory

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

Canadian Imperial Bank of Commerce, New York Branch
 
By: /s/ Dominic Soresso
Name: Dominic Soresso
Title: Authorized Signatory
 
By: /s/ Robert Robin
Name: Robert Robin
Title: Authorized Signatory

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as a Bank
 
By: /s/ Amy Trapp
Name: Amy Trapp
Title: Managing Director
 
By: /s/ Daniel Fahey
Name: Daniel Fahey
Title: Vice President

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

The Northern Trust Company, as a Bank
 
By: /s/ Molly Drennan
Name: Molly Drennan
Title: Senior Vice President

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT

--------------------------------------------------------------------------------

UBS AG, STAMFORD BRANCH, as a Bank
 
By: /s/ Lana Gifas
Name: Lana Gifas
Title: Director
 
By: /s/ Jennifer Anderson
Name: Jennifer Anderson
Title: Associate Director

SIGNATURE PAGE TO AMENDMENT NO. 1 TO CREDIT AGREEMENT