SEC Info - Usio, Inc. - ‘10-K’ for 12/31/12

Usio, Inc. – ‘10-K’ for 12/31/12 – ‘EX-10.18’

On: Monday, 4/1/13, at 5:03pm ET · For: 12/31/12 · Accession #: 1354488-13-1689 · File #: 0-30152

As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 4/01/13 Usio, Inc. 10-K 12/31/12 58:3.7M Issuer Direct/FA

Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 691K 2: EX-10.17 Amendment to Lease Agreement HTML 32K 3: EX-10.18 Amendment to Lease Agreement HTML 31K 4: EX-10.19 Confirmation HTML 67K 5: EX-23.1 Consent of Experts or Counsel HTML 16K 6: EX-31.1 Certification -- §302 - SOA'02 HTML 26K 7: EX-32.2 Certification -- §906 - SOA'02 HTML 18K 38: R1 Document and Entity Information HTML 46K 28: R2 Consolidated Balance Sheets (Unaudited) HTML 103K 36: R3 Consolidated Balance Sheets (Parenthetical) HTML 32K 40: R4 Consolidated Statements of Operations (Unaudited) HTML 78K 53: R5 Consolidated Statement of Stockholders Equity HTML 45K 30: R6 Consolidated Statements of Cash Flows (Unaudited) HTML 104K 35: R7 1. Description of Business and Summary of HTML 34K Significant Accounting Policies 25: R8 2. Equity Line of Credit HTML 20K 19: R9 3. Line of Credit HTML 22K 54: R10 4. Fair Value Measurements HTML 40K 42: R11 5. Property and Equipment HTML 29K 41: R12 6. Valuation Accounts HTML 30K 46: R13 7. Accrued Expenses HTML 25K 47: R14 8. Operating Leases HTML 26K 45: R15 9. Related Party Transactions HTML 42K 48: R16 10. Income Taxes HTML 41K 37: R17 11. Stock Options, Incentive Plans, Stock Awards, HTML 49K and Employee Benefit Plan 39: R18 12. Net Income (Loss) Per Share HTML 32K 44: R19 13. Stock Warrants HTML 19K 58: R20 14. Legal Proceeding HTML 24K 50: R21 15. Subsequent Events HTML 25K 32: R22 1. Description of Business and Summary of HTML 101K Significant Accounting Policies (Policies) 43: R23 4. Fair Value Measurements (Tables) HTML 34K 34: R24 5. Property and Equipment (Tables) HTML 27K 16: R25 6. Valuation Accounts (Tables) HTML 32K 51: R26 7. Accrued Expenses (Tables) HTML 24K 55: R27 8. Operating Leases (Tables) HTML 24K 22: R28 10. Income Taxes (Tables) HTML 36K 21: R29 11. Stock Options, Incentive Plans, Stock Awards, HTML 41K and Employee Benefit Plan (Tables) 23: R30 12. Net Income (Loss) Per Share (Tables) HTML 31K 24: R31 3. Line of Credit (Details Narrative) HTML 25K 26: R32 6. Fair Value Measurements (Details) HTML 29K 15: R33 5. Property and Equipment (Details) HTML 40K 49: R34 6. Valuation Accounts (Details) HTML 26K 31: R35 2. Accrued Expenses (Details) HTML 40K 33: R36 8. Operating Leases (Details) HTML 32K 18: R37 9. Related Party Transactions (Details Narrative) HTML 27K 57: R38 10. Income Taxes (Details) HTML 43K 14: R39 10. Income Taxes (Details 2) HTML 35K 27: R40 11. Stock Options, Incentive Plans, Stock Awards, HTML 72K and Employee Benefit Plan (Details) 52: R41 12. Net Income (Loss) Per Share (Details) HTML 45K 17: R42 12. Net Income (Loss) Per Share (Details 1) HTML 23K 56: XML IDEA XML File -- Filing Summary XML 77K 20: EXCEL IDEA Workbook of Financial Reports (.xls) XLS 370K 8: EX-101.INS XBRL Instance -- pyds-20121231 XML 587K 10: EX-101.CAL XBRL Calculations -- pyds-20121231_cal XML 119K 11: EX-101.DEF XBRL Definitions -- pyds-20121231_def XML 131K 12: EX-101.LAB XBRL Labels -- pyds-20121231_lab XML 499K 13: EX-101.PRE XBRL Presentations -- pyds-20121231_pre XML 352K 9: EX-101.SCH XBRL Schema -- pyds-20121231 XSD 87K 29: ZIP XBRL Zipped Folder -- 0001354488-13-001689-xbrl Zip 60K

SECOND AMENDMENT TO LEASE AGREEMENT

DATED AUGUST 22, 2003

BY AND BETWEEN

FROST NATIONAL BANK, TRUSTEE FOR A DESIGNATED TRUST

("LANDLORD")

AND

PAYMENT DATA SYSTEMS, INC.

("TENANT")

This Second Amendment to Lease Agreement (the "Amendment") is entered into this 7th day of October, 2009 by and between FROST NATIONAL BANK, TRUSTEE FOR A DESIGNATED TRUST (herein called "Landlord") and PAYMENT DATA SYSTEMS, INC., (herein called "Tenant"). The terms and conditions contained herein shall supersede and control any conflicting terms and conditions contained in the above referenced Lease Agreement by and between Landlord and Tenant (the "Lease").

WITNESSETH:

WHEREAS, Landlord and Tenant have entered into a Lease Agreement dated August 22, 2003 providing for the leasing by Landlord to Tenant of certain office space presently identified as 12500 San Pedro Ave, Suites 120 and 525, San Antonio, Texas ("Demised Premises"), as amended by the First Amendment to Lease Agreement dated February 6, 2006;

AND, WHEREAS, Landlord and Tenant desire to modify and further amend certain terms and conditions set out therein;

NOW, THEREFORE, pursuant to the foregoing and in consideration of the premises and mutual benefits to accrue to Landlord and Tenant under and by virtue of this amendment, Landlord and Tenant agree that effective of even date herewith, the following terms and conditions of the Lease shall be, and they hereby are, amended as follows:

I.The Lease Tenn is hereby extended for one period of thirty-six (36) months commencing

November 1, 2009 and shall expire at 6:00 pm on October 31, 2012.

Base Rental shall be in accordance with the following schedule:

IE. Effective November 1, 2009, Tenant's Expense Stop shall be the actual operating expenses for calendar year 2009.

IT IS HEREBY_ AGREED BY THE.PARTIES HERETO that with the exception of those terms and conditions specifically modified and amended here, the Lease Agreement shall remain in full force and effect in all its terms and conditions.

NOW, THEREFORE, THE PARTIES HERETO EXECUTE THIS SECOND AMENDMENT WITH THE INTENT TO BE LEGALLY BOUND HEREBY.

		EXECUTED as of the date first written above.

LANDLORD:		TENANT:
FROST NATIONAL BANK		PAYMENT DATA SYSTEMS, INC.

TRUSTEE FOR A DESIGNATED TRUST		Name:
		Title:
By:	REOC Partners, Ltd., a Texas limited
	Partnership, As Agent for Landlord	By:
		Name:	Todd A. Gold
By:	REOC General Partner, LLC, a Texas limited	Title:	Manager
	liability Company, Its General Partner

Payment Data 2nd Amendment 2009

This ‘10-K’ Filing

Date

Other Filings

Filed on:

4/1/13

For Period end:

12/31/12

10/31/12

11/1/09

2/6/06

8/22/03

List all Filings

Months	Rate'		Annual Anioant2		Monthly InstalltneneRSF
11/01/09-10/31/10	$	18.00	$	81,126.00	$	6,760.50
11/01/10-10/31/11	$	18.50	$	83,379.48	$	6,948.29
11/01/11-10/31/12	$	19.00	$	85,632.96	$	7,136,08

Usio, Inc. – ‘10-K’ for 12/31/12 – ‘EX-10.18’

On: Monday, 4/1/13, at 5:03pm ET · For: 12/31/12 · Accession #: 1354488-13-1689 · File #: 0-30152

Previous ‘10-K’: ‘10-K’ on 4/3/12 for 12/30/11 · Next: ‘10-K’ on 3/31/14 for 12/31/13 · Latest: ‘10-K’ on 3/27/24 for 12/31/23

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘EX-10.18’ — Amendment to Lease Agreement

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Usio, Inc. – ‘10-K’ for 12/31/12 – ‘EX-10.18’

On: Monday, 4/1/13, at 5:03pm ET · For: 12/31/12 · Accession #: 1354488-13-1689 · File #: 0-30152

Previous ‘10-K’: ‘10-K’ on 4/3/12 for 12/30/11 · Next: ‘10-K’ on 3/31/14 for 12/31/13 · Latest: ‘10-K’ on 3/27/24 for 12/31/23

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘EX-10.18’ — Amendment to Lease Agreement

This Exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents