-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, BuPn78IXWeuxuWpMv2kbXEaQ/YeDGokDto2jUb4K2Gh1LndIWBPFjs2uCWka3Moo g50sgXPu+P6PCt1Jw/TqHg== 0000070033-94-000005.txt : 19940815 0000070033-94-000005.hdr.sgml : 19940815 ACCESSION NUMBER: 0000070033-94-000005 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 19940812 EFFECTIVENESS DATE: 19940831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL DATA CORP CENTRAL INDEX KEY: 0000070033 STANDARD INDUSTRIAL CLASSIFICATION: 7389 IRS NUMBER: 580977458 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: S-8 SEC ACT: 1933 Act SEC FILE NUMBER: 033-55057 FILM NUMBER: 94543497 BUSINESS ADDRESS: STREET 1: NATIONAL DATA COPRORATION STREET 2: NATIONAL DATA PLAZA CITY: ATLANTA STATE: GA ZIP: 30329 BUSINESS PHONE: 4047282000 MAIL ADDRESS: STREET 1: NATIONAL DATA PLZ CITY: ATLANTA STATE: GA ZIP: 30329-2010 S-8 1 FORM S-8 REGISTRATION STATEMENT PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT Item 3. Incorporation of Documents by Reference. The following documents filed by National Data Corporation (the "Company") with the Securities and Exchange Commission (the "Commission") are incorporated herein by reference: (a) The Company's latest annual report filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, (with respect thereto, refer to Note 3 to the unaudited financial statements contained in the Company's Quarterly Report on Form 10-Q for the quarter ended August 31, 1993 for disclosure regarding the settlement of certain stockholder litigation) or either: (1) the latest prospectus filed pursuant to Rule 424(b) under the Securities Act of 1933 that contains audited financial statements for the Company's latest fiscal year for which such statements have been filed, or (2) the Company's effective registration statement on Form 10 or 20-F filed under the Securities Exchange Act of 1934 containing audited financial statements for the Company's latest fiscal year. (b) All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 since the end of the fiscal year covered by the document incorporated pursuant to (b) above. (c) The description of any class of securities to be offered which is contained in a registration statement filed under Section 12 of the Securities Exchange Act of 1934, including any amendment or report filed for the purpose of updating such description. All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Securities Exchange Act of 1934 prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of the filing of such documents. Item 4. Description of Securities. Not applicable. Item 5. Interests of Named Experts and Counsel. The legality of the issuance of the securities being registered has been passed upon for the Company by the law firm of Alston & Bird, counsel for the Company. L. Neil Williams, Jr., a partner of Alston & Bird, is a director of the Company. Item 6. Indemnification of Directors and Officers. The bylaws of the Company provide for the indemnification of directors, officers, employees, and agents of the Company, as well as others serving at their request, in certain specific instances in accordance with the Delaware General Corporation Law. In an action brought by or in the right of the Company, the individual is entitled to indemnification of expenses of defense or settlement if he acted in good faith, and in a manner reasonably believed to be in or not opposed to the best interests of the Company, except that no indemnification may be afforded in instances where the individual has been adjudged liable for negligence or misconduct in the performance of the individual's duties to the Company, unless the court hearing such action determines that the individual is entitled to indemnity. In all other actions, the individual is entitled to indemnification of expenses, judgments, fines, and amounts paid in settlement if the individual acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company and, in criminal proceedings, if he had no reasonable cause to believe his conduct was unlawful. The indemnification for any such action (other than as ordered by a court) may be made by the Company only upon a determination that indemnification is proper in the circumstances because the individual met the applicable standard of conduct. Such determination must be made by a majority vote of disinterested directors or, in certain specific instances, by independent legal counsel or by the stockholders. The bylaws of the Company provide that the Company may purchase and maintain insurance on behalf of directors, officers, employees, and agents, as well as others serving at their request, against any liabilities asserted against such persons whether or not the Company would have the power to indemnify such directors, officers, employees, or agents against such liability under the Delaware General Corporation Law. The Company has purchased and maintains such insurance pursuant to such authorization. The Company's Certificate of Incorporation, as amended, also provides that a director of the Company will not be liable for monetary damages to the Company or its stockholders for breach of fiduciary duty as a director except in specified instances. Item 7. Exemption from Registration Claimed. Not applicable. Item 8. Exhibits.* 4(a). Certificate of Incorporation and Bylaws of the Company, as amended (incorporated by reference to Exhibits 3(i) and 3(ii) to the Company's Annual Report on Form 10-K for the year ended May 31, 1991, File No. 03966). 4(b). Shareholder Rights Agreement, dated as of January 18, 1991, between the Company and Trust Company Bank, as Rights Agent (incorporated by reference to Exhibit 4(1) to the Company's Current Report on Form 8-K dated January 18, 1991, File No. 03966). 5. Opinion of Alston & Bird regarding the legality of the securities being registered. 23(a). Consent of Alston & Bird (included in Exhibit 5). 23(b). Consent of Arthur Andersen & Co. 24. Power of Attorney. * Exhibits are numbered in accordance with Item 601 of Regulation S-K. Item 9. Undertakings. (a) The undersigned registrant hereby undertakes: (1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: (i) To include any prospectus required by section 10(a)(3) of the Securities Act of 1933; (ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement; and (iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change in such information in the registration statement; Provided, however, that paragraphs (a)(l)(i) and (a)(l)(ii) above do not apply if the registration statement is on Form S-3 or Form S-8, and the information required to be included in a post-effective amendment by those paragraphs is containe d in periodic reports filed by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement. (2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offeri ng of such securities at that time shall be deemed to be the initial bona fide offering thereof. (3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. (b) The undersigned issuer hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exch ange Act of l934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities and Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (h) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers, and controlling persons of the registrant pursuant to the provisions described in Item 6 of this Part II, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnific ation against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer, or controlling person of the registrant in the successful defense of any action, suit, or proceeding) is asserted by such di rector, officer, or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction t he question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue. SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the registrant, National Data Corporation, certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this r egistration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Atlanta, State of Georgia, on the 12th day of August, 1994. NATIONAL DATA CORPORATION Registrant By: Robert A. Yellowlees ---------------------------------- Robert A. Yellowlees, President and Chief Executive Officer (Principal Executive Officer) By: Jerry W. Braxton ------------------------------------- Jerry W. Braxton, Executive Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer) By: M.P. Stevenson ---------------------------------- M.P. Stevenson, Vice President and Controller (Principal Accounting Officer) EX-24 2 POWER OF ATTORNEY POWER OF ATTORNEY Know All Men By These Presents, that each person whose signature appears below constitutes and appoints ROBERT A. YELLOWLEES and E. MICHAEL INGRAM, or either of them, his true and lawful attorneys-in-fact and agents, with full power of substitution, and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them or their or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof. Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated: SIGNATURE TITLE DATE Robert A. Yellowlees Chairman of the Board August 12, 1994 - -------------------------- of Directors, President Robert A. Yellowlees and Chief Executive Officer Edward L. Barlow Director August 12, 1994 - -------------------------- Edward L. Barlow L. Neil Williams, Jr. Director August 12, 1994 - ------------------------- L. Neil Williams, Jr. James B. Edwards Director August 12, 1994 - -------------------------- James B. Edwards Don W. Sands Director August 12, 1994 - -------------------------- Don W. Sands Ira C. Herbert Director August 12, 1994 - -------------------------- Ira C. Herbert EX-5 3 OPINION RE LEGALITY Registration No. 33-______ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 EXHIBITS FILED WITH REGISTRATION STATEMENT ON FORM S-8 UNDER THE SECURITIES ACT OF 1933 NATIONAL DATA CORPORATION National Data Plaza Atlanta, Georgia 30329-2010 EXHIBIT INDEX Exhibit Number* Description - ---------------- ------------------- 5 Opinion of Alston & Bird regarding the legality of the securities being registered. 23(a) Consent of Alston & Bird (included in Exhibit 5). 23(b) Consent of Arthur Andersen & Co. 24 Power of Attorney. *Exhibits are numbered in accordance with Item 601 of Regulation S-K. Exhibit 5 Opinion of Alston & Bird regarding the legality of the securities being registered. August 12, 1994 National Data Corporation National Data Plaza Atlanta, Georgia 30329-2010 Gentlemen: This opinion is given in connection with the filing by National Data Corporation ("NDC") with the Securities and Exchange Commission under the Securities Act of 1933, as amended, of a Registration Statement on Form S-8 (the "Registration Statement") with respect to up to 230,000 shares (the "Shares") of the $.125 par value Common Stock of NDC (the "Common Stock") to be issued to directors of NDC pursuant to the National Data Corporation 1984 Non-Employee Directors Stock Option Plan (the "Plan"). We have examined such corporate records and documents as we deemed relevant and necessary to enable us to give the opinion set forth herein, including the Certificate of Incorporation and Bylaws of NDC, as amended, resolutions of the Board of Directors of NDC authorizing the Plan and authorizing amendments to the Plan, and minutes of the annual meetings of stockholders of NDC at which the Plan was approved and at which amendments to the Plan were approved. Based upon the foregoing, we are of the opinion that the Shares to be issued under the Plan, upon issuance in accordance with the terms and conditions of the Plan, will be duly authorized, legally issued, and fully paid and non- assessable under the Delaware General Corporation Law as in effect on this date. L. Neil Williams, Jr., a partner of Alston & Bird, is a director of NDC. We hereby consent to the use of this opinion as an Exhibit to the Registration Statement. Sincerely yours, ALSTON & BIRD By: Jeffrey P. Adams EX-23 4 EX-23A CONSENTS OF EXPERTS AND COUNSEL Exhibit 23(a) Consent of Alston & Bird. (Included in Exhibit 5) EX-23 5 EX-23B CONSENTS OF EXPERTS AND COUNSEL Exhibit 23(b) Consent of Arthur Andersen & Co. Consent of Independent Public Accountants As independent public accountants, we hereby consent to the incorporation by reference in this registration statement on Form S-8 and in the prospectus pertaining to the National Data Corporation 1984 Non-Employee Directors Stock Option Plan of our report dated July 14, 1993 in National Data Corporation's Form 10-K for the year ended May 31, 1993 and to all references to our firm in this registration statement. Arthur Andersen & Co. Atlanta, Georgia August 12, 1994 -----END PRIVACY-ENHANCED MESSAGE-----