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 15, 2011

Discover Card Execution Note Trust

(Exact name of issuing entity in respect of the notes as specified in charter)

Discover Bank

(Exact name of sponsor and depositor as specified in charter)

 

Delaware

(State of

Organization)

 

333-141703-02

033-54804

(Commission

File Numbers)

 

51-0020270

(IRS Employer

Identification No.)

 

c/o Discover Bank

   

12 Reads Way

   

New Castle, Delaware

    19720

(Address of principal executive offices)

    (Zip Code)

Registrant’s Telephone Number, including area code: (302) 323-7315

Former name or former address, if changed since last report: Not Applicable

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))


Item 8.01

Other Events

On March 15, 2011, the commencement of the Accumulation Periods or Liquidation Periods for certain tranches of DiscoverSeries Notes was delayed, pursuant to the terms of the Amended and Restated Indenture Supplement, dated as of June 4, 2010, as amended, by and between Discover Card Execution Note Trust as Issuer and U.S. Bank National Association as Indenture Trustee, and the applicable terms documents thereto.

Class A(2009-1), Class A(2009-2), Class B(2009-2), Class B(2010-1), Class C(2009-2) and Class C(2010-1) DiscoverSeries Notes. The commencement of the Accumulation Period for each of the Class A(2009-1), Class A(2009-2), Class B(2009-2), Class B(2010-1), Class C(2009-2) and Class C(2010-1) DiscoverSeries Notes was delayed until the first day of the Due Period related to the December 2011 Distribution Date.

Class B(2009-1) and Class C(2009-1) DiscoverSeries Notes. The commencement of the Accumulation Period for each of the Class B(2009-1) and Class C(2009-1) DiscoverSeries Notes was delayed until the first day of the Due Period related to the August 2011 Distribution Date.


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 thereunto duly authorized.

 

   

Discover Bank

   
 

    (as Depositor for Discover Card Execution Note Trust)

Date: March 15, 2011

 

By:

 

/s/ Michael F. Rickert

 
   

Michael F. Rickert

 
   

Vice President, Chief Financial Officer and Treasurer