Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - MONEYGRAM INTERNATIONAL INC | mgi20150930ex322.htm |
| EX-31.1 - EXHIBIT 31.1 - MONEYGRAM INTERNATIONAL INC | mgi20150930ex311.htm |
| EX-32.1 - EXHIBIT 32.1 - MONEYGRAM INTERNATIONAL INC | mgi20150930ex321.htm |
| EX-31.2 - EXHIBIT 31.2 - MONEYGRAM INTERNATIONAL INC | mgi20150930ex312.htm |
| EX-3.5 - EXHIBIT 3.5 - MONEYGRAM INTERNATIONAL INC | mgi20150930ex35amendedandr.htm |
| 10-Q - 10-Q - MONEYGRAM INTERNATIONAL INC | mgi-20150930x10q.htm |
September 30, 2015
Ms. Kirsty Ward
Senior Director Walmart Services
Wal-Mart Stores, Inc.
702 S.W. 8th Street
Bentonville, AR 72716
Dear Kirsty:
MoneyGram Payment Systems, Inc. (“MoneyGram”) and Wal-Mart Stores, Inc. (“Walmart”) are parties to that certain Master Trust Agreement effective April 1, 2013, as amended (the “Agreement”). Pursuant to Section 9(a) of the Agreement, upon the provision of at least one hundred and eighty (180) days’ notice by either party, the Agreement could terminate upon the expiration of the Initial Term on March 31, 2016.
The parties have been discussing the continued provision of MoneyGram’s products and services to be offered in Walmart stores. To date, neither party has given notice of its intent to terminate the Agreement upon the expiration of the Initial Term. Based upon the rapidly approaching 180-day deadline for providing termination notice, upon Walmart’s countersigning of this letter, both parties hereby agree to extend the Initial Term of the Agreement until June 30, 2016. Given the agreed upon extension of the Initial Term, the parties recognize and agree that the notice of termination date will now be January 2, 2016.
This letter agreement and/or any actions taken in connection with this letter agreement are not intended to, and shall not, create or give rise to any obligation on the part of either MoneyGram or Walmart to: (i) enter into or execute any new contract; (ii) renew or extend the Agreement; (iii) discuss or continue to discuss or negotiate any new agreement or a renewal or extension of the Agreement; or (iv) pursue or enter into any agreement or contractual relationship with the other party. Except as expressly set forth in this letter agreement, nothing in this letter agreement shall waive any right or obligation of any party under the Agreement or under applicable law.
If you have any questions, please contact me at (214) 999-7570 or Nick Flint at (470) 271-6525
We look forward to talking with you further.
With kind regards,
MoneyGram Payment Systems, Inc. | |
By: | /s/ Juan Agualimpia |
EVP Business Development | |
Agreed and Acknowledged:
Wal-Mart Stores, Inc. | ||
By: | /s/ Kirsty Ward | |
Senior Director, Walmart Services | ||