-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, R6cmnnocmdZ4F0WKHA5V3ilSSLJSqz3TUdNcm5aZfhtiF9i17Psnrn/HvwhZaEuz 0/qn/ZMCKD51oOshEZNZkw== 0000718482-04-000040.txt : 20041008 0000718482-04-000040.hdr.sgml : 20041008 20041008160434 ACCESSION NUMBER: 0000718482-04-000040 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041008 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20041008 DATE AS OF CHANGE: 20041008 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EDWARDS A G INC CENTRAL INDEX KEY: 0000718482 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 431288229 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08527 FILM NUMBER: 041072372 BUSINESS ADDRESS: STREET 1: ONE N JEFFERSON AVE CITY: ST LOUIS STATE: MO ZIP: 63103 BUSINESS PHONE: 3149553000 8-K 1 beta8-k.htm A.G. Edwards, Inc. Form 8-K
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):
October 8, 2004
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
A.G. EDWARDS, INC.
(Exact Name of Registrant as Specified in Charter)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Delaware
 
001-08527
 
 
43-1288229
(State or Other Jurisdiction of Incorporation)
 
(Commission File Number)
 
 
(IRS Employer Identification Number)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One North Jefferson Avenue,
 
 
 
 
 
 
St. Louis Missouri
 
63103
(Address of Principal Executive Offices)
 
(Zip Code)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Registrant's telephone number, including area code: (314) 955-3000
Item 1.01
 
Entry into a Material Definitive Agreement.
 
 
 
 
 
 
 
 
 
On October 4, 2004, A.G. Edwards Technology Group, Inc. (a wholly-owned subsidiary of A.G. Edwards & Sons, Inc., which in turn is a wholly-owned subsidiary of A.G. Edwards, Inc.) (collectively "Edwards") entered into a Hosting and Services Agreement with Thomson Financial Inc.
 
 
 
 
 
 
 
 
 
 
Under the terms of the agreement, Edwards' trade processing and back-office systems processing functionalities will convert to and thereafter be performed by BETA Systems, a division of Thomson Financial Inc., that will provide software and computer operations to support such processing functions. The trade and back-office system processing functionalities are of a nature and type that would ordinarily be performed by a company in the brokerage and financial services industry.
 
 
 
 
 
 
 
 
 
 
With respect to these services, Edwards' core transaction processing expenses are expected to become more variable in nature and better aligned with fluctuations in client activity and market conditions. Edwards will continue to settle its clients' trades as a self-clearing organization.
 
 
 
 
 
 
 
 
 
 
The initial term of the contract runs until the end of the eighty-sixth month after the date of Edwards' conversion to BETA Systems with Edwards having the ability to renew and extend the agreement for periods of up to twelve months beyond its expiration date.
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.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
A.G. Edwards, Inc.
 
 
 
 
 
 
 
Registrant
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Date:
October 8, 2004
 
 
By:
/s/ Douglas L. Kelly
 
 
 
 
 
 
 
Douglas L. Kelly
 
 
 
 
 
 
 
Chief Financial Officer
 
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