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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): October 1, 2005
Euronet Worldwide, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-22167 74-2806888
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation) File Number) Identification No.)
4601 College Boulevard
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:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement
With effect on October 1, 2005, Euronet Worldwide, Inc.'s ("Euronet")
subsidiary, E-Pay Limited, and John Gardiner, Executive Vice President agreed to
revise the Service Agreement, dated February 19, 2003, between E-Pay Limited
("E-Pay") and Mr. Gardiner. Under such agreement, Mr. Gardiner's base salary was
reduced to 37,500 UK pounds sterling, or $67,250 based on an exchange rate of
$1.83 to one UK pound sterling, and his required time in the office was reduced
from two days per week to one day per week. A copy of the revised Service
Agreement is attached hereto as Exhibit 10.1.
Also with effect from October 1, 2005, Mr. Gardiner has resigned as an Executive
Vice President of Euronet Worldwide, Inc.
Item 9.01 Financial Statements and Exhibits
Number Description
10.1 Revision to Service Agreement between Euronet and John Gardiner,
dated as of October 4, 2005
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.
EURONET WORLDWIDE, INC.
By: /s/ Rick L. Weller
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Rick L. Weller
Chief Financial Officer
Date: October 5, 2005