UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): March 12,
2010
Euronet
Worldwide, Inc.
(Exact
name of registrant as specified in its charter)
|
Delaware
(State
or other jurisdiction of
incorporation)
|
001-31648
(Commission
File
Number)
|
74-2806888
(I.R.S.
Employer
Identification
No.)
|
4601
College Boulevard, Suite 300
Leawood,
Kansas 66211
(Address
of principal executive office)(Zip Code)
(913)
327-4200
(Registrant's
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
5.02 Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
(b) Euronet
Worldwide, Inc. (the "Company") announced that, on March 12, 2010, Gareth
Gumbley resigned as Managing Director of the Company's Prepaid Division and was
replaced by Charles "Charlie" T. Piper, formerly President and CEO of DVDPlay,
Inc. and Senior Vice President of Blackhawk Network.
(e) On
March 12, 2010, the Company and Mr. Gumbley entered into an agreement providing
terms for Mr. Gumbley’s separation from the Company. That agreement
provides that Mr. Gumbley will remain an employee of the Company through
December 23, 2010 (the “Termination Date”) and will receive salary and vest
previously granted equity awards until that time. He will receive a
termination payment of GBP 10,000 on the Termination Date (which equals
approximately US $15,200 based upon current exchange rates) and reimbursement of
certain expenses incurred in connection with the negotiation of the agreement.
The agreement also extends to January 2012 the period during which Mr. Gumbley
may claim reimbursement of up to US $50,000 of relocation expenses from the UK
to Australia.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this Report to be signed on its behalf by the undersigned hereunto
duly authorized.
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EURONET
WORLDWIDE, INC.
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||
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By:
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/s/
Jeffrey B. Newman
|
|
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Jeffrey
B. Newman
Executive
Vice President - General Counsel
|
||
Date: March
18, 2010