Document:

FCFS FOURTH AMENDMENT TO CREDIT AGREEMENT

Exhibit 10.1

 

FOURTH AMENDMENT TO CREDIT AGREEMENT

     THIS FOURTH AMENDMENT TO CREDIT AGREEMENT (the "Fourth Amendment") is dated to be effective as of September 7, 2007, among FIRST CASH FINANCIAL SERVICES, INC. (the "Borrower") and JPMORGAN CHASE BANK, N.A. successor by merger to Bank One, NA (Main Office Chicago) (the "Lender" and the "Agent") and WELLS FARGO BANK, NATIONAL ASSOCIATION, successor by merger to Wells Fargo Bank Texas, National Association (the "Lender").

W I T N E S S E T H:

     WHEREAS, the Borrower and the Lenders are parties to that certain Credit Agreement dated as of August 9, 2002, and that certain First Amendment to Loan Agreement dated March 1, 2004, and that certain Second Amendment to Loan Agreement dated June 30, 2005, and that certain Third Amendment to Loan Agreement dated August 22, 2006, by and between the Borrower and the Lenders (collectively the "Agreement"); and

     WHEREAS, the Borrower and the Lenders desire to amend the Agreement by this Fourth Amendment to reflect the agreements, modifications and amendments as set forth below.

     NOW, THEREFORE, for and in consideration of the above premises and for other good and valuable consideration, the parties hereto agree as follows:

     1,     Definitions.  All capitalized terms defined in the Agreement and not otherwise defined in this Fourth Amendment shall have the same meanings as assigned to them in the Agreement when used in this Fourth Amendment, unless the context hereof shall otherwise require or provide.  

     2.     Representations and Warranties.  In order to induce the Lenders to enter into this Fourth Amendment, the Borrower represents and warrants to the Lenders that:

          
A.     The Borrower has the requisite corporate authority to execute, deliver and perform the terms and provisions of this Fourth Amendment, the Agreement as amended by this Fourth Amendment, and the Loan Documents and the Borrower has taken all corporate and other action necessary to authorize such matters; and

          
B.     Neither the execution and delivery of this Fourth Amendment, nor any other documents executed by the Borrower in connection herewith, nor the consummation of any of the transactions herein or therein contemplated, nor compliance with the terms and provisions hereof or thereof, will contravene or conflict with any provision of law, statute or regulation to which the Borrower is subject or any judgment, license, order or permit applicable to the Borrower or any indenture, agreement or other instrument to which the Borrower may be subject; no consent, approval, authorization or order of any court, governmental authority or Third party is required in connection with the execution and delivery of this Fourth Amendment or any of the other documents executed and delivered in connection herewith or to consummate the transactions contemplated herein or therein;

          
C.     This Fourth Amendment, the Agreement, as amended hereby, and the Loan Documents are the legal and binding obligations of the Borrower, enforceable in accordance with their respective terms, except as limited by bankruptcy, insolvency or other laws of general application relating to the enforcement of creditors' rights;

          
D.     After the execution of this Fourth Amendment, no event has occurred and is continuing which constitutes a Default;

          
 E.     All of the representations and warranties of the Borrower contained in Article V of the Agreement are true and correct as of the date hereof.

     3.     Amendments to Article I.  The following definitions are amended and/or added to the Agreement and shall read as follows:

"Aggregate Commitment"
 means the aggregate of the Commitments of all Lenders, as reduced from time to time pursuant to the terms hereof, which as of September 7, 2007 shall be equal to Ninety Million and no/100 Dollars ($90,000,000.00)."

"Facility Termination Date"
means April 15, 2010, or any earlier date on which the Aggregate Commitment is reduced to zero or otherwise terminated pursuant to the terms hereof."

"Guarantors"
means, collectively, Cash & Go, Inc., Famous Pawn, Inc., First Cash, Inc., First Cash Corp., First Cash, Ltd., First Cash Management, L.L.C., One Iron Ventures, Inc., FCFS MO, Inc., FCFS SC, Inc.,  FCFS OK, Inc., FCFS MI, Inc., First Cash Credit, Ltd., First Cash Credit Management, L.L.C., First Cash, S.A. de C.V., American Loan Employee Services, S.A de C.V., Ya Servicios, S.A. DE C.V. SOFOM, E.N.R., SHAC, Inc., and Guaranteed Auto Finance, Inc., and their successors and assigns, and 'Guarantor' means any of the Guarantors."

"Guaranty"
means the identical Unlimited Guaranties dated as of September 7, 2007, executed by the Guarantors in favor of each Lender, for the ratable benefit of the Lenders, as such may be amended or modified and in effect from time to time."
 

     4.     Amendments to Article VI.  Section 6.24 is amended to  read in its entirety as follows:

"6.24     Stock Repurchases.  Borrower shall not permit the aggregate amount of Stock Repurchases to exceed $40,000,000.00 during any fiscal year or $75,000,000.00 in the aggregate period of time commencing September 7, 2007, and ending on the Facility Termination Date; provided, however, no Stock Repurchase is permitted during any period of time the Borrower=
s Fixed Charge Coverage Ratio is less than 1.50 to 1.00."

     5.     Amendments to Exhibits, Schedules, and Addendum I.  Schedule 3 (Commitments and Pro Rata Shares) is amended as set forth in the attachment to this Fourth Amendment.

     6.     Conditions Precedent.  This Fourth Amendment and the obligations of the Lenders hereunder are subject to the conditions precedent that the Borrower shall have (a) duly executed and delivered to the Lenders this Fourth Amendment, and (b) paid to the Agent an amount to reimburse the Agent for its reasonable attorneys' fees incurred in the preparation of this Fourth Amendment and related Loan Documents, and (c) paid to the Agent a closing fee in the amount of $20,000.00 divided ratably by the Lenders.

     7.     Scope of Amendments.  Any and all other provisions of the Agreement and any other Loan Documents are hereby amended and modified wherever necessary and even through not specifically addressed herein, so as to conform to the amendments and modifications set forth in this Fourth Amendment.

     8.     Limitation on Agreements.  The amendments set forth herein are limited in scope as described herein and shall not be deemed (a) to be a consent under, or waiver of, any other term or condition of the Agreement or any of the Loan Documents, or (b) to prejudice any right or rights which the Lenders now have or may have in the future under, or in connection with the Agreement as amended by this Fourth Amendment, the Loan Documents or any of the documents referred to herein or therein.

     9.     Multiple Counterparts.  This Fourth Amendment may be executed in any number of counterparts, all of which taken together shall constitute one and the same agreement, and any of the parties hereto may execute this Fourth Amendment by signing any such counterpart.

     THE CREDIT AGREEMENT, AS AMENDED BY THIS FOURTH AMENDMENT, AND THE LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.  THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

     Executed to be effective as of September 7, 2007.

 

	
     
LENDER AND AGENT:
	
JPMORGAN CHASE BANK, N.A., successor by

 merger to Bank One, NA (Main Office Chicago)

	 	 	 
	 	
By: 
	 

	 	
Name: 
	 

	 	
Title: 
	 

 

	
     
LENDER:
	
WELLS FARGO BANK, N.A., successor by merger

 to Wells Fargo Bank Texas, National Association

	 	 	 
	 	
By: 
	 

	 	
Name: 
	 

	 	
Title: 
	 

 

	
     
BORROWER:
	
FIRST CASH FINANCIAL SERVICES, INC.

	 	 	 
	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

 

	
     
GUARANTORS:
	
REVIEWED AND AGREED:

	 	 
	 	
CASH & GO, INC.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FAMOUS PAWN, INC.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FCFS MO, INC.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FCFS OK, INC.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FCFS SC, INC.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FCFS MI, INC.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FIRST CASH, INC.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FIRST CASH CORP.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FIRST CASH, LTD.

	 	
By:
	
FIRST CASH MANAGEMENT, L.L.C.,

its General Partner

	 	 	
By: 
	 

	 	 	
Name: 
	
Rick Wessel

	 	 	
Title: 
	
Manager

	 	
FIRST CASH MANAGEMENT, L.L.C.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
Manager

	 	
ONE IRON VENTURES, INC.

	 	
By: 
	 

	 	
Name: 
	
Rick Wessel

	 	
Title: 
	
President

	 	
FIRST CASH CREDIT, LTD.

	 	
By:
	
FIRST CASH CREDIT MANAGEMENT,

L.L.C. its General Partner

	 	 	 	 
	 	 	
By: 
	 

	 	 	
Name: 
	
R. Douglas Orr

	 	 	
Title: 
	
Manager

		
FIRST CASH CREDIT MANAGEMENT, L.L.C.

	 	
By: 
	 

	 	
Name: 
	
R. Douglas Orr

	 	
Title: 
	
Manager

		
FIRST CASH, S.A. DE C.V.

	 	
By: 
	 

	 	
Name: 
	
R. Douglas Orr

	 	
Title: 
	
Legal Representative

		
AMERICAN LOAN EMPLOYEE SERVICES,
 S.A. DE C.V.

	 	
By: 
	 

	 	
Name: 
	
R. Douglas Orr

	 	
Title: 
	
Legal Representative

		
YA SERVICIOS, S.A. DE C.V. SOFOM, E.N.R. 

	 	
By: 
	 

	 	
Name: 
	
R. Douglas Orr

	 	
Title: 
	
Legal Representative

	 	
SHAC, INC.

	 	
By: 
	 

	 	
Name: 
	
R. Douglas Orr

	 	
Title: 
	
Secretary

	 	
GUARANTEED AUTO FINANCE, INC.

	 	
By: 
	 

	 	
Name: 
	
R. Douglas Orr

	 	
Title: 
	
Secretary

	 	 	 

SCHEDULE 3

COMMITMENTS

ND PRO RATA SHARES

 

	

Lender

	

Commitments

	

Pro Rata 

Share

	
 
	

 
	

 

	

JPMorgan Chase Bank, N.A.
	

$47,500,000.00
	

52.7778%

	
 
	

 
	

 

	

Wells Fargo Bank, N.A.
	

$42,500,000.00

	

47.2222%

	
 	

 

	

 

	

Total
	

$90,000,000.00
	

100.00%exh10-8_agmt.htm

     

    
      

      

    

     

     

    EXHIBIT
      10.8

     

    ASSIGNMENT
      OF AGREEMENT WITH LEXARIA CORP.,

    A
      NEVADA CORPORATION, DATED JUNE 21, 2007

     

     

     

    
 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    ASSIGNMENT
      AGREEMENT

    

    THIS
      AGREEMENT is made effective as of this 21st
      day of June,
      2007

    

    BETWEEN:

    

    BRINX
      RESOURCES LTD.,
      a corporation incorporated in the

    State
      of
      Nevada, having a business office in the City of Albuquerque, New Mexico,
      USA

    

    (the
      “Assignor”)

    

    AND:

    

    LEXARIA
      CORP., a corporation incorporated in the State of Nevada having a
      business office in the City of Vancouver, British Columbia, Canada

    (the
      “Assignee”)

    

    WHEREAS:

    

    
      	
              A.  
                  

            	
              The
                Assignor and the Assignee are in the business of resource
                exploration;

            

    

    

    
      	
              B.  
                  

            	
              Griffin
                & Griffin Exploration L.L.C. (“Griffin”) is the operator of oil, gas
                and mineral leases covering certain prospects and will drill on each
                a
                prospect well (“Program Well”) to a depth sufficient to test the Frio
                Sands identified as prospectively productive of oil and/or gas (the
                “Drilling Program”).

            

    

    

    
      	
              C.  
                  

            	
              On
                or about August 3, 2006, the Assignor entered into a Memorandum Agreement
                with Griffin & Griffin Exploration, L.L.C. (“Griffin”) (the “AMI
                Agreement”) to purchase from Griffin a ten percent (10%) gross working
                interest and revenue interest in the AMI Agreement;
                and

            

    

    

    
      	
              D.  
                  

            	
              Upon
                the terms and subject to the conditions set forth in this agreement,
                with
                the consent of Griffin, the Assignor has agreed to assign and the
                Assignee
                has agreed to accept an assignment of the AMI Agreement as of June
                19,
                2007;

            

    

    

    NOW
      THEREFORE THIS AGREEMENT WITNESSES that in consideration of covenants
      and agreements set forth herein and other good and valuable consideration,
      the
      receipt and sufficiency of which is hereby acknowledged, the parties hereto
      agree each with the other as follows:

    

    1.           The
      Assignor hereby assigns, transfers and sets over to the Assignee all rights,
      title, interest and benefits held by or granted to the Assignor in and to the
      AMI Agreement dated August 3, 2006 between the Assignor and Griffin, a complete
      copy of

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    which
      is
      attached hereto as Exhibit “A”, specifically excluding those rights, title,
      interests and benefits noted in paragraph (2), below.

    

    2.           The
      Assignor hereby maintains its original interest, rights, title and benefits
      to
      all seven wells drilled under the AMI Agreement between August 3, 2006, and
      June
      19, 2007, specifically wells CMR-USA-3914; Dixon #1; Faust #1 TEC F-1; CMR/BR
      F-14; RB F-1 Red Bug #2; BR F-33; and Randall #1 F-4, and any offset wells
      that
      could be drilled to any of these specified wells.

    

    2.           The
      Assignee hereby agrees to pay to the Assignor the sum of One ($1) Dollar,
      receipt of which is hereby acknowledged by the Assignor.

    

    3.           The
      Assignor warrants and represents that as of the date of this Assignment
      Agreement, the AMI Agreement is in full force and effect, without modification
      or amendment, that it has the full right and authority to transfer said
      agreement and that the rights transferred herein are free of lien, encumbrance
      or adverse claim.

    

    4.           The
      Assignee hereby assumes and agrees to perform all obligations of the Assignor
      under the AMI Agreement, not including those wells mentioned in paragraph (2),
      above, and guarantees to hold the Assignor harmless from any claim or demand,
      of
      any kind made hereunder.

    

    5.           This
      Assignment shall be binding upon and inure to the benefit of the parties, their
      successors and assigns.

    

    6.           Each
      of the parties hereto will co-operate with the others and execute and deliver
      to
      the other parties hereto such other instruments and documents and take such
      other actions as may be reasonably requested from time to time by any other
      party hereto as necessary to carry out, evidence, and confirm the intended
      purpose of this Assignment.

    

    7.           This
      Assignment may not be amended except by an instrument in writing signed by
      each
      of the parties.

    

    8.           This
      Assignment and the Exhibit hereto contain the entire agreement between the
      parties with respect to the subject matter hereof and supercede all prior
      arrangements and understandings, both written and oral, express or implied,
      with
      respect thereto.  Any preceding correspondence or offers are expressly
      superceded and terminated by this Assignment.

    

    9.           All
      notices and other communications required or permitted under this Assignment
      must be in writing and will be deemed given if sent by personal delivery, faxed
      with electronic confirmation of delivery, internationally recognized courier
      or
      registered or certified mail (return receipt requested), postage prepaid, to
      the
      parties at the following addresses (or at such other address for a party as
      will
      be specified by like notice):

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      

      
        	
                If
                  to the Assignor:

              	
                If
                  to the Assignee:

              	
                If
                  to Griffin:

                 

              
	
                820
                  Piedra Vista NE

                Albuquerque
                  NM

                USA  87123

                 

                505.291.0158
                  fax

              	
                604-700
                  West Pender Street

                Vancouver,
                  BC

                Canada  V6C
                  1G8

                604.602.1675
                  ph

                604.602.1625
                  fax

              	
                LeFleur’s
                  Gallery

                P.
                  O. Box 12274

                Jackson,
                  MS, 39236

                601.713.1175
                  fax

              

      

      
10.           This
        Assignment will be governed by and construed in accordance with the laws
        of the
        Province of British Columbia, Canada as applicable to contracts made and
        performed therein.

    

    

    11.           This
      Assignment may be executed in one or more counterparts, all of which will be
      considered one and the same Assignment and will become effective when one or
      mare counterparts have been signed by each of the parties and delivered to
      the
      other parties, it being understood that all parties need not sign the same
      counterpart.

    

    12.           This
      Agreement may be executed by delivery of executed signature pages by fax and
      such fax execution will be effective for all purposes.

    

    13.           The
      Exhibit is attached to this Assignment and is incorporated herein.

    

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

    

    

    
      	ASSIGNOR:	 	 	ASSIGNEE: 	 
	 	 	 	 	 
	BRINX
              RESOURCES LTD.	 	 	LEXARIA
              CORP. 	 
	 	 	 	 	 
	
              Per:       
                /s/ Leroy Halterman

            	 	 	
              Per:      
                /s/  Chris Bunka

            	 
	
              Name:   
                Leroy Halterman

            	 	 	
              Name: 
                Chris Bunka 

            	 
	
              Title:     
                Preisdent 

            	 	 	
              Title:   
                President

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