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 31, 2010
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)
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| Delaware | | 333-141703-02 033-54804 | | 51-0020270 |
| (State of Organization) | | (Commission File Numbers) | | (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)) |
On March 31, 2010, the commencement of the Accumulation Periods or Liquidation Periods for certain tranches of DiscoverSeries Notes was delayed, pursuant to the terms of the Indenture Supplement, dated as of July 26, 2007, 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 C(2007-1) DiscoverSeries Notes. The commencement of the Accumulation Period for the Class C(2007-1) DiscoverSeries Notes was delayed until the first day of the Due Period related to the July 2010 Distribution Date.
Class B(2007-2), Class C(2007-2), Class B(2008-3) and Class C(2008-3) DiscoverSeries Notes. The commencement of the Accumulation Periods for the Class B(2007-2), Class C(2007-2), Class B(2008-3) and Class C(2008-3) DiscoverSeries Notes was delayed until the first day of the Due Period related to the August 2010 Distribution Date.
Class A(2008-3), Class B(2009-1) and Class C(2009-1) DiscoverSeries Notes. The commencement of the Accumulation Periods for the Class A(2008-3), Class B(2009-1) and Class C(2009-1) DiscoverSeries Notes was delayed until the first day of the Due Period related to the December 2010 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.
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| | | | Discover Bank (as Depositor for Discover Card Execution Note Trust) |
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| Date: March 31, 2010 | | | | By: | | /s/ Michael F. Rickert |
| | | | | | Michael F. Rickert |
| | | | | | Vice President, Chief Financial Officer and Treasurer |
