This excerpt taken from the PCBC 8-K filed Nov 25, 2009.
Item 8.01 Other Events
On November 23, 2009, Santa Barbara Bank & Trust (“SBBT”), a division of Pacific Capital Bank, N.A., a wholly owned subsidiary of Pacific Capital Bancorp (the “Company”) entered into (i) Amendment No. 1 to Amended and Restated Program Agreement (the “Jackson Hewitt Program Agreement Amendment”) with Jackson Hewitt Inc. (“JHI”), a subsidiary of Jackson Hewitt Tax Service Inc., and (ii) entered into Amendment No. 1 to Amended and Restated Technology Services Agreement (the “Jackson Hewitt Technology Services Agreement Amendment” and, together with the Jackson Hewitt Program Agreement Amendment, the “Jackson Hewitt Amendments”) with Jackson Hewitt Technology Services LLC, a subsidiary of Jackson Hewitt Tax Service Inc. The primary purposes of the Jackson Hewitt Amendments are to establish the number of Jackson Hewitt Tax Service locations during the 2010 tax season in which SBBT will offer, process and administer certain financial products, including refund anticipation loans, to Jackson Hewitt Tax Service customers, and to change the timing of payments made under the existing fee structure. The Company does not expect that the number of Jackson Hewitt Tax Service locations in which SBBT will offer, process and administer certain financial products during the 2010 tax season will materially change from the number of locations in the 2009 tax season.
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.