Document:

Exhibit 10.1

 Exhibit 10.1 
 THIRD AMENDMENT TO CREDIT AGREEMENT 
 THIS THIRD AMENDMENT TO CREDIT AGREEMENT
dated as of September 28, 2012 (this “Amendment”) is entered into among ONLINE RESOURCES CORPORATION, a Delaware corporation (the “Borrower”), the Guarantors, the Lenders and BANK OF AMERICA, N.A., as
Administrative Agent (in such capacity, the “Administrative Agent”). All capitalized terms used herein and not otherwise defined herein shall have the meanings given to such terms in the Credit Agreement (as defined below).

 RECITALS 
 WHEREAS, the Borrower, the Guarantors, the Lenders and the Administrative Agent entered into that certain Credit Agreement dated as of February 21, 2007 (as amended by that certain First Amendment to
Credit Agreement dated as of November 30, 2009, that certain Second Amendment to Credit Agreement dated as of September 29, 2011 and as may be further amended, modified, extended, restated, replaced, or supplemented from time to time, the
“Credit Agreement”); 
 WHEREAS, the Borrower has requested and the Lenders have agreed to amend certain terms
of the Credit Agreement as set forth below; 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Amendments. The Credit Agreement is hereby amended as follows: 
 (a) The following new definitions are hereby added to Section 1.01 of the Credit Agreement in the appropriate alphabetic order: 

“Lawlor Letter of Credit” means that certain Irrevocable Standby Letter of Credit No. 68063180 dated
November 25, 2011 issued by Bank of America, N. A. to Matthew P. Lawlor, as beneficiary. 
 “Third
Amendment Effective Date” means September      , 2012. 
 (b) Section 1.01 of
the Credit Agreement is hereby amended by deleting the definition of “Aggregate Revolving Commitments” set forth therein and replacing it with the following: 

“Aggregate Revolving Commitments” means the Revolving Commitments of all of the Lenders. The aggregate
principal amount of the Aggregate Revolving Commitments in effect on the Third Amendment Effective Date is $12,000,000; provided, however, upon the earliest to occur of (x) the receipt and cancellation of the original Lawlor Letter of
Credit by the L/C Issuer, (y) the L/C Issuer’s honoring of any draw or presentation upon the Lawlor Letter of Credit by the beneficiary thereunder, and (z) November 30, 2012, the Aggregate Revolving Commitments shall
automatically and without further notice immediately be reduced to $5,000,000 

 (c) Section 1.01 of the Credit Agreement is hereby amended by deleting the
definition of “Letter of Credit Sublimit” set forth therein and replacing it with the following: 

“Letter of Credit Sublimit” means an amount equal to $10,000,000; provided, however, upon the
earliest to occur of (x) the receipt and cancellation of the original Lawlor Letter of Credit by the L/C Issuer, (y) the L/C Issuer’s honoring of any draw or presentation upon the Lawlor Letter of Credit by the beneficiary thereunder,
and (z) November 30, 2012, the Letter of Credit Sublimit shall automatically and without further notice immediately be reduced to $1,555,000. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving
Commitments. 
 (d) Section 2.03(a)(ii)(B) of the Credit Agreement is hereby amended to delete such
subsection and replace it with the following: 
 (A) the expiry date of such requested Letter of Credit would
occur after the Letter of Credit Expiration Date, unless all the Lenders have approved such expiry date; provided that the Letters of Credit identified on Schedule 2.03 may be extended to have expiry dates after the Letter of Credit
Expiration Date, so long as any such expiry date is no later than December 31, 2013. 
 (e)
Section 2.03 of the Credit Agreement is hereby amended by adding the following new subsection (vii): 

(vii) Upon the Borrower’s repayment of all Obligations other than the L/C Obligations, in full and in cash, on or
before the Maturity Date, and provided the cash collateral held by the Administrative Agent upon the Maturity Date equals or exceeds the 102% of the amount of the outstanding L/C Obligations at that time, the obligation of the Lenders to reimburse
the LC Issuer for any Unreimbursed Amount for any drawings occurring after the Maturity Date shall terminate. 

(f) Schedule 2.01 of the Credit Agreement is hereby amended in its entirety to read as provided as Schedule 2.01
attached hereto. 
 (g) The Credit Agreement is hereby amended to insert, in the appropriate numerical order, a
new schedule as provided as Schedule 2.03 attached hereto. 
 2. Conditions Precedent. This Amendment shall become
effective upon the satisfaction of the following conditions: 
 (a) receipt by the Administrative Agent of
counterparts of this Amendment duly executed by the Borrower, the Guarantor, the Administrative Agent and each of the Lenders; 
 (b) the Borrower shall have pledged and deposited with or delivered to the Administrative Agent, as collateral for Obligations of Lenders, cash or deposit account balances in the amount of $1,584,257.98
(which amount equals 102% of the obligations of the Letters of Credit set forth on Schedule 2.03 to the Credit Agreement), pursuant to documentation in form and substance satisfactory to the Administrative Agent and the L/C Issuer; and 

(c) receipt by the Administrative Agent and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as successor to
BAS, of all fees due and owing to them, together with reimbursement for all reasonable expenses of the Administrative Agent (including, without limitation, the fees and expenses of Moore & Van Allen, PLLC, counsel to the Administrative
Agent). 

 3. Miscellaneous. 

(a) The Credit Agreement (as modified by this Amendment), and the obligations of the Loan Parties thereunder and under the other Loan
Documents, are hereby ratified and confirmed and shall remain in full force and effect according to their terms. 
 (b) The
Borrower and the Guarantors hereby represent and warrant as follows: 
 (i) Each Loan Party has taken all
necessary action to authorize the execution, delivery and performance of this Amendment. 
 (ii) This Amendment
has been duly executed and delivered by the Loan Parties and constitutes each of the Loan Parties’ legal, valid and binding obligations, enforceable against it in accordance with its terms, except as such enforceability may be subject to
(A) bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or similar laws affecting creditors’ rights generally and (B) general principles of equity (regardless of whether such enforceability is
considered in a proceeding at law or in equity). 
 (iii) No consent, approval, authorization or order of, or
filing, registration or qualification with, any court or governmental authority or third party is required in connection with the execution, delivery or performance by any Loan Party of this Amendment other than those which have been obtained and
are in full force and effect. 
 (c) The Loan Parties represent and warrant to the Lenders that (i) the representations and
warranties of the Loan Parties set forth in Article VI of the Credit Agreement and in each other Loan Document are true and correct in all material respects (except for any representation and warranty that is qualified by materiality or reference to
Material Adverse Effect, which such representation and warranty shall be true and correct in all respects on and as of the date hereof) as of the date hereof with the same effect as if made on and as of the date hereof, except to the extent such
representations and warranties expressly relate solely to an earlier date and (ii) no event has occurred and is continuing which constitutes a Default or an Event of Default. 

(d) This Amendment may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but
all of which shall constitute one and the same instrument. Delivery of an executed counterpart of this Amendment by telecopy shall be effective as an original and shall constitute a representation that an executed original shall be delivered.

 (e) THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 [remainder of page intentionally left blank] 

 Each of the parties hereto has caused a counterpart of this Amendment to be duly executed
and delivered as of the date first above written. 
  

							
	BORROWER:	 	 ONLINE RESOURCES CORPORATION,
 a Delaware corporation

			
		 	By:	 	 

		 	Name: Joseph L. Cowan
		 	Title: President and CEO
		
	GUARANTOR:	 	 PRINCETON ECOM CORPORATION,
 a Delaware corporation

			
		 	By:	 	 Online Resources Corporation,
 Its Sole Stockholder

				
		 		 	By:	 	 

		 		 	Name: Joseph L. Cowan
		 		 	Title: President and CEO
		
	ADMINISTRATIVE AGENT:	 	BANK OF AMERICA, N.A.
			
		 	By:	 	  

		 	Name:
		 	Title:
		
	LENDERS:	 	 BANK OF AMERICA, N.A.,
 as a Lender, Swing Line Lender and L/C Issuer

			
		 	By:	 	  

		 	Name:
		 	Title:
		
		 	SILICON VALLEY BANK
			
		 	By:	 	  

		 	Name:
		 	Title:

 ONLINE RESOURCES CORPORATION 
 THIRD AMENDMENT TO CREDIT AGREEMENT 

 Each of the parties hereto has caused a counterpart of this Amendment to be duly executed
and delivered as of the date first above written. 
  

							
	BORROWER:	  	 ONLINE RESOURCES CORPORATION,
 a Delaware corporation

			
		  	By:	 	  

		  	Name: Joseph L. Cowan
		  	Title: President and CEO
		
	GUARANTOR:	  	 PRINCETON ECOM CORPORATION,
 a Delaware corporation

			
		  	By:	 	 Online Resources Corporation,
 Its Sole Stockholder

				
		  		 	By:	 	  

		  		 	Name: Joseph L. Cowan
		  		 	Title: President and CEO
		
	ADMINISTRATIVE AGENT:	  	BANK OF AMERICA, N.A.
			
		  	By:	 	 

		  	Name: Angela Larkin
		  	Title: Assistant Vice President
		
	LENDERS:	  	 BANK OF AMERICA, N.A.,
 as a Lender, Swing Line Lender and L/C Issuer

			
		  	By:	 	  

		  	Name:	 	
		  	Title:	 	
		
		  	SILICON VALLEY BANK
			
		  	By:	 	  

		  	Name:	 	
		  	Title:	 	

 ONLINE RESOURCES CORPORATION 
 THIRD AMENDMENT TO CREDIT AGREEMENT 

 Each of the parties hereto has caused a counterpart of this Amendment to be duly executed
and delivered as of the date first above written. 
  

							
	BORROWER:	  	 ONLINE RESOURCES CORPORATION,
 a Delaware corporation

			
		  	By:	 	  

		  	Name: Joseph L. Cowan
		  	Title: President and CEO
		
	GUARANTOR:	  	 PRINCETON ECOM CORPORATION,
 a Delaware corporation

			
		  	By:	 	Online Resources Corporation,
		  		 	Its Sole Stockholder
				
		  		 	By:	 	  

		  		 	Name: Joseph L. Cowan
		  		 	Title: President and CEO
		
	ADMINISTRATIVE AGENT:	  	BANK OF AMERICA, N.A.
			
		  	By:	 	  

		  	Name:
		  	Title:
		
	LENDERS:	  	 BANK OF AMERICA, N.A.,
 as a Lender, Swing Line Lender and L/C Issuer

			
		  	By:	 	 

		  	Name: Michael J. Radcliffe
		  	Title: Senior Vice President
		
		  	SILICON VALLEY BANK
			
		  	By:	 	  

		  	Name:
		  	Title:

 ONLINE RESOURCES CORPORATION 
 THIRD AMENDMENT TO CREDIT AGREEMENT 

 Each of the parties hereto has caused a counterpart of this Amendment to be duly executed
and delivered as of the date first above written. 
  

							
	BORROWER:	  	 ONLINE RESOURCES CORPORATION,
 a Delaware corporation

			
		  	By:	 	  

		  	Name: Joseph L. Cowan
		  	Title: President and CEO
		
	GUARANTOR:	  	 PRINCETON ECOM CORPORATION,
 a Delaware corporation

			
		  	By:	 	 Online Resources Corporation,
 Its Sole Stockholder

				
		  		 	By:	 	  

		  		 	Name: Joseph L. Cowan
		  		 	Title: President and CEO
		
	ADMINISTRATIVE AGENT:	  	BANK OF AMERICA, N.A.
			
		  	By:	 	  

		  	Name:
		  	Title:
		
	LENDERS:	  	 BANK OF AMERICA, N.A.,
 as a Lender, Swing Line Lender and L/C Issuer

			
		  	By:	 	  

		  	Name:
		  	Title:
		
		  	SILICON VALLEY BANK
			
		  	By:	 	 

		  	Name: Philip T. Silvia III
		  	Title: Vice President

 ONLINE RESOURCES CORPORATION 
 THIRD AMENDMENT TO CREDIT AGREEMENT 

 
			
	SUNTRUST BANK
		
	By:	 	 

	Name: DAVID A. BENNETT
	Title: VICE PRESIDENT

  

			
	CAPITAL ONE NA
		
	By:	 	  

	Name:
	Title:

 ONLINE RESOURCES CORPORATION 

THIRD AMENDMENT TO CREDIT AGREEMENT 

 
			
	SUNTRUST BANK
		
	By:	 	  

	Name:
	Title:

  

			
	CAPITAL ONE NA
		
	By:	 	 

	Name: Bryan Pyncher
	Title: SVP

 ONLINE RESOURCES CORPORATION 

THIRD AMENDMENT TO CREDIT AGREEMENT 

 Schedule 2.01 
 COMMITMENTS AND APPLICABLE PERCENTAGES 
 (a) Prior to the expiration of the original Lawlor
Letter of Credit, its cancellation undrawn, or the Borrower’s repayment in full of all draws or presentations thereunder: 
  

																	
	 Lender
	  	Revolving
Commitment	 	  	Pro Rata Shares	 	 	Term Loan
Commitment	 	  	Pro Rata Shares	 
	 Bank of America, N.A.
	  	$	9,000,000.00	  	  	 	75.000000000	% 	 	$	3,284,084.69	  	  	 	29.191863911	% 
	 Silicon Valley Bank
	  	$	3,000,000.00	  	  	 	25.000000000	% 	 	$	3,511,682.23	  	  	 	31.214953156	% 
	 SunTrust Bank
	  	$	0.00	  	  	 	0.000000000	% 	 	$	4,057,174.26	  	  	 	36.063771200	% 
	 Capital One NA
	  	$	0.00	  	  	 	0.000000000	% 	 	$	397,058.82	  	  	 	3.529411733	% 
	 Total
	  	$	12,000,000.00	  	  	 	100.000000000	% 	 	$	11,250,000.00	  	  	 	100.000000000	% 

 (b) Following the expiration of the original Lawlor Letter of Credit, its cancellation undrawn, or the Borrower’s
repayment in full of all draws or presentations thereunder: 
  

																	
	 Lender
	  	Revolving
Commitment	 	  	Pro Rata Shares	 	 	Term Loan
Commitment	 	  	Pro Rata Shares	 
	 Bank of America, N.A.
	  	$	3,750,000.00	  	  	 	75.000000000	% 	 	$	3,284,084.69	  	  	 	29.191863911	% 
	 Silicon Valley Bank
	  	$	1,250,000.00	  	  	 	25.000000000	% 	 	$	3,511,682.23	  	  	 	31.214953156	% 
	 SunTrust Bank
	  	$	0.00	  	  	 	0.000000000	% 	 	$	4,057,174.26	  	  	 	36.063771200	% 
	 Capital One NA
	  	$	0.00	  	  	 	0.000000000	% 	 	$	397,058.82	  	  	 	3.529411733	% 
	 Total
	  	$	5,000,000.00	  	  	 	100.000000000	% 	 	$	11,250,000.00	  	  	 	100.000000000	% 

 Schedule 2.03 
 LETTERS OF CREDIT EXPIRATION DATE EXCEPTIONS 
  

											
	 L/C Number
	  	Issue Date	  	Expiry Date	  	Beneficiary Name	  	Amount	 
	 03065581
	  	October 18, 2004	  	October 31, 2012	  	Meadows IV, LLC	  	$	1,029,538.97	  
	 03084483
	  	September 28, 2006	  	December 31, 2012	  	650 College Road Associates L.P.	  	$	477,566.00	  
	 03095981
	  	November 5, 2008	  	October 31, 2012	  	Meadows IV, LLC	  	$	46,089.13to the Corporation's Current Report on Form 8-K

 EXHIBIT 10.1 

RATE APPLICABLE TO 
 PARTICIPATING DIRECTORS AND EXECUTIVE OFFICERS UNDER THE 
 DIRECTORS AND
EXECUTIVES DEFERRED COMPENSATION PLAN 
 Effective for the 2013 plan year, the Board of Directors and its Compensation Committee have
approved an applicable interest rate for the Directors and Executives Deferred Compensation Plan of 9.62%. That rate is a reduction from the 11.3% rate in effect for 2012, and applies prospectively to certain participants, including all participants
who presently are directors or executive officers of the registrant. Rates generally are subject to annual approval by the Committee, but generally remain in effect until changed. The new interest rate, within the context of the entire Plan, has
been established at a level intended to provide both retention and long-term non-compete incentives. When a participant retires after 2010 due to mandatory retirement, the participant’s interest rate during retirement will be the highest rate
in place over the past three years - that is, the highest of the rates applicable during the year of retirement and the previous two years.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00209-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00209-of-00352.parquet"}]]