Current Report Filing (8-k)
July 14 2016 - 4:40PM
Edgar (US Regulatory)
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): July 11, 2016
FULTON FINANCIAL CORPORATION
(Exact name of Registrant as specified in its Charter)
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Pennsylvania
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0-10587
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23-2195389
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification Number)
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One Penn Square
Lancaster, Pennsylvania
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17604
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code: 717-291-2411
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement.
On July 11, 2016, Fulton Financial Corporation (Fulton) and Fiserv Solutions, LLC (Fiserv), executed a Master
Agreement (the Master Agreement) that will replace a similar agreement between Fulton and Fiserv Solutions, Inc. dated June 23, 2011. Pursuant to the Master Agreement, Fiserv will provide to Fulton and its subsidiary banks a
substantial majority of the deposit and loan account processing services, mortgage loan processing services, electronic banking services, data warehouse, related software and ancillary services, and product and system development services, which are
necessary for the conduct of the banking business of Fultons subsidiary banks. The initial term of the Master Agreement continues through December 31, 2023, subject to earlier termination of all, or a portion or portions, of the Master
Agreement by either Fulton or Fiserv under the circumstances set forth in the Master Agreement. Except upon certain events of default by Fiserv or Fiservs bankruptcy or insolvency, termination of all or a portion of the Master Agreement by
Fulton would require that Fulton pay to Fiserv a termination fee. Upon expiration of the initial term, or any subsequent renewal term, the term of the Master Agreement will automatically renew as provided for in the Master Agreement, unless either
Fulton or Fiserv provides timely notice of non-renewal.
The foregoing brief description of the Master Agreement does not purport to be
complete and is qualified in its entirety by the terms and conditions of the Master Agreement, which is to be filed with Fultons Form 10-Q for the quarter ended September 30, 2016.
SIGNATURE
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
hereunto duly authorized.
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Date: July 14, 2016
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FULTON FINANCIAL CORPORATION
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By:
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/s/ Daniel R. Stolzer
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Daniel R. Stolzer
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Executive Vice President and General Counsel
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