NET 1 UEPS TECHNOLOGIES, INC. (NASDAQ:UEPS) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Defi nitive Agreement.
As previously disclosed on May 31, 2017, in connection with
Alfred T. Mocketts appointment to the board of directors of Net 1
UEPS Technologies, Inc. (the Company), the Company entered into
an independent director agreement with Mr. Mockett.
On June 21, 2017, in order to formally document the terms of the
Companys arrangements with its other non-executive directors, the
Company entered into independent director agreements
(collectively, the Agreements) with Christopher S. Seabrooke,
Alasdair J. K. Pein and Paul Edwards, providing for, among other
things, the terms of each such directors service, compensation
and liability. The foregoing description of the Agreements are
qualified in their entirety by reference to the text of such
agreements, which are filed as Exhibits 10.64 – 10.66 to this
Current Report on Form 8-K and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
| (d) |
Exhibits |
| Exhibit | |
| No. | Description |
| 10.64 |
Independent Director Agreement Agreement, dated as of June 21, 2017, by and between the Company and Christopher S. Seabrooke |
| 10.65 |
Independent Director Agreement Agreement, dated as of June 21, 2017, by and between the Company and Alasdair J. K. Pein |
| 10.66 |
Independent Director Agreement Agreement, dated as of June 21, 2017, by and between the Company and Paul Edwards |
NET 1 UEPS TECHNOLOGIES INC ExhibitEX-10.64 2 exhibit10-64.htm EXHIBIT 10.64 Net 1 UEPS Technologies,…To view the full exhibit click here About NET 1 UEPS TECHNOLOGIES, INC. (NASDAQ:UEPS)
Net 1 UEPS Technologies, Inc. is a provider of payment solutions, transaction processing services and financial technology across multiple industries. The Company develops and markets a transaction processing solution that encompasses its smart card-based alternative payment system for the unbanked and under-banked populations of developing economies and for mobile transaction channels. The Company operates through three segments: South African transaction processing, International transaction processing, and Financial inclusion and applied technologies. The Company also provides secure transaction technology solutions and services, by offering transaction processing, financial and clinical risk management solutions to various industries. It offers secure online transaction processing, cryptography, mobile telephony, integrated circuit card (chip/smart card) technologies, and the design and provision of financial and value-added services to its cardholder base.
