Exhibit 10.2
SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT(“Amendment”) is made on this 26th day of January, 2011, by and between Cash America International, Inc., a Texas corporation (“CAI”); Cash America Management L.P., a wholly-owned subsidiary of CAI (“CAM”); and Daniel R. Feehan, an individual whose principal residence is in Fort Worth, Texas (“Executive”).
STATEMENT OF BACKGROUND
A. CAI and CAM entered into an employment agreement with Executive, dated May 1, 2008, which was amended on December 24, 2008 (the “Agreement”).
B. The parties wish to amend the Agreement in the particulars specified herein.
STATEMENT OF AGREEMENT
In consideration of good and valuable consideration, the sufficiency of which hereby is acknowledged, the parties agree to amend the Agreement effective as of the date of this Amendment as follows:
1. Section 6(d) of the Agreement is hereby deleted in its entirety.
2. Except as expressly modified by this Amendment, all other terms and conditions of the Agreement shall remain unchanged and in full force and effect.
3. This Amendment may be executed in counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have executed this Agreement on this the 26th day of January, 2011.
EXECUTIVE | CASH AMERICA INTERNATIONAL, INC. | |||||||||
/s/ Daniel R. Feehan | By: | /s/ James H. Graves | ||||||||
Daniel R. Feehan | James H. Graves, | |||||||||
Chairman of the Management Development & Compensation Committee of the Board of Directors | ||||||||||
CASH AMERICA MANAGEMENT L.P. | ||||||||||
By: | Cash America Holding, Inc., | |||||||||
its general partner | ||||||||||
By: | Cash America International, Inc., | |||||||||
its sole shareholder | ||||||||||
By: | /s/ James H. Graves | |||||||||
James H. Graves, | ||||||||||
Chairman of the Management Development & Compensation Committee of the Board of Directors |