Exhibit 10.26
FIRST AMENDMENT TO
MASTERCARD PAYPASS PARTICIPATION AGREEMENT
This First Amendment is made this 17 th day of August 2007, by and between MASTERCARD
INTERNATIONAL INCORPORATED ("MasterCard"), COCA COLA ENTERPRISES INC. AND ITS
BOTTLING SUBSIDIARIES (collectively, “Merchant”), and USA TECHNOLOGIES, INC. ("USAT").
Background
MasterCard, Merchant and USA have entered into a MasterCard PayPass Participation Agreement
dated as of May 15, 2007 (the "Agreement"). As more fully set forth herein, the parties desire to amend the
Agreement in certain respects.
Agreement
NOW, THEREFORE, in consideration of the covenants set forth herein, and intending to be legally
bound hereby, the parties agree as follows:
1. Amendments .
A. The date “August 31, 2007” appearing in the second bullet point under Section 2. Timing of
the Program is hereby deleted and the date “October 31, 2007” shall be substituted in its place.
B. The date “August 31, 2007” appearing in the first bullet point under Section 3. MasterCard’s
Specific Obligations is hereby deleted and the date “October 31, 2007” is hereby substituted in its place.
C. The date “August 31, 2007” appearing in Section 4. MasterCard’s Financial Support to USA
is hereby deleted and the date “October 31, 2007” is hereby substituted in its place.
D. The date “August 31, 2007” appearing in Subsection (i) Merchant of Section 5 Merchant’s
and USA’s Specific Obligations is hereby deleted and the date “October 31, 2007” is hereby substituted in its
place.
E. The date “August 31, 2007” appearing in the first bullet point under Subsection (i) Merchant
of Section 5 Merchant’s and USA’s Specific Obligations is hereby deleted and the date “October 31, 2007” is
hereby substituted in its place.
2. Modification . Except as otherwise specifically set forth in Paragraph 1, the Agreement shall not be
amended or modified in any respect whatsoever and shall continue in full force and effect. All capitalize