JCPenney 2015 Annual Report Download - page 108

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Exhibit 10.14
EXECUTION COPY
SIXTH AMENDMENT TO
AMENDED AND RESTATED CONSUMER CREDIT CARD PROGRAM
AGREEMENT
This Sixth Amendment (“Amendment Number Six”) dated as of June 26, 2015 to that certain Consumer Credit Card Program
Agreement made as of December 6, 1999, as amended and restated as of November 5, 2009, and as amended as of October 29, 2010,
January 30, 2013, October 11, 2013, February 25, 2014, and April 6, 2015 by and between J. C. PENNEY CORPORATION, INC.,
formerly known as J. C. Penney Company, Inc., a Delaware corporation, with its principal place of business at Plano, Texas, and
SYNCHRONY BANK, assignee of Monogram Credit Card Bank of Georgia and formerly known as GE Capital Retail Bank and GE
Money Bank, with its principal place of business at 170 W. Election Road, Draper, Utah 84020 (the “Agreement”). Capitalized terms
used herein without definition shall have the meanings ascribed to them in the Agreement.
WITNESSETH:
WHEREAS, JCPenney and Bank desire to make certain changes to the Agreement to reflect certain modifications to the
Program that the parties desire to implement.
NOW, THEREFORE, in consideration of the terms and conditions stated herein, and for good and valuable consideration the
receipt of which is hereby acknowledged, the parties hereto agree as follows:
I. Performance Payments. Schedule 4.7 to the Agreement is hereby deleted and replaced in its entirety with Schedule 4.7 attached
hereto.
II. Effective Date. This Amendment Number Six shall become effective as of June 26, 2015.
III. Miscellaneous.
A. The execution, delivery and performance of this Amendment Number Six has been duly authorized by all requisite
corporate action on the part of JCPenney and Bank and upon execution by all parties, will constitute a legal and binding
obligation of each thereof.