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<SEC-DOCUMENT>0000950123-10-053304.txt : 20100526
<SEC-HEADER>0000950123-10-053304.hdr.sgml : 20100526
<ACCEPTANCE-DATETIME>20100526172000
ACCESSION NUMBER:		0000950123-10-053304
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100521
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20100526
DATE AS OF CHANGE:		20100526

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EZCORP INC
		CENTRAL INDEX KEY:			0000876523
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-MISCELLANEOUS RETAIL [5900]
		IRS NUMBER:				742540145
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19424
		FILM NUMBER:		10860292

	BUSINESS ADDRESS:	
		STREET 1:		1901 CAPITAL PKWY
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78746
		BUSINESS PHONE:		5123143400

	MAIL ADDRESS:	
		STREET 1:		1901 CAPITAL PKWY
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78746
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d73354e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
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<BODY bgcolor="#FFFFFF">
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date of Report (Date of earliest event reported): May&nbsp;21, 2010</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>EZCORP, Inc.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="31%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>0-19424</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>74-2540145</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>1901 Capital Parkway, Austin, Texas 78746</B><BR>
(Address of principal executive offices) (zip code)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Registrant&#146;s telephone number, including area code: (<B>512) 314-3400</B></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">










<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5.02 &#151; Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>As reported in the company&#146;s Current Report on Form 8-K filed May&nbsp;21, 2010, Brad Wolfe,
formerly Senior Vice President and Chief Financial Officer (principal financial officer), left
the company effective May&nbsp;17, 2010. In connection with Mr.&nbsp;Wolfe&#146;s departure, the company and
Mr.&nbsp;Wolfe have entered into a Separation Agreement and Release (the &#147;Separation Agreement&#148;), a
copy of which is attached as Exhibit&nbsp;99.1. The Separation Agreement provides that Mr.&nbsp;Wolfe
will receive severance payments equal to (a)&nbsp;the amount of salary he would have received had
he remained an employee of the company through January&nbsp;31, 2011 and (b)&nbsp;60% of the incentive
bonus he would have otherwise earned for fiscal 2010. These amounts (which are currently
estimated to aggregate approximately $300,000) will be paid at the times they would otherwise
have been paid had Mr.&nbsp;Wolfe remained an employee. In the Separation Agreement, Mr.&nbsp;Wolfe
provided a general release of claims against the company and affirmed certain noncompetition
and nonsolicitation obligations to which he is subject for a period of one year following his
termination of employment. The Separation Agreement, which was approved by the Compensation
Committee of the company&#146;s board of directors, was executed by the company on May&nbsp;17, 2010,
and by Mr.&nbsp;Wolfe on May&nbsp;21, 2010.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01 &#151; Financial Statements and Exhibits.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(d)&nbsp;Exhibits.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Separation Agreement and Release, dated May&nbsp;17, 2010, between EZCORP, Inc. and Charles Bradford Wolfe</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">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.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">EZCORP, INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date:  May 26, 2010&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Thomas H. Welch, Jr.
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Thomas H. Welch, Jr.&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Senior Vice President,<BR>General Counsel and Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
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<DIV style="font-family: 'Times New Roman',Times,serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="92%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description of Exhibit</B></TD>
</TR>

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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Separation Agreement and Release, dated May&nbsp;17, 2010, between
EZCORP, Inc. and Charles Bradford Wolfe</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>



</BODY>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d73354exv99w1.htm
<DESCRIPTION>EX-99.1
<TEXT>
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<TITLE>exv99w1</TITLE>
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;99.1</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SEPARATION AGREEMENT AND RELEASE</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This Separation Agreement and Release (this &#147;Agreement&#148;), dated May&nbsp;17, 2010, sets forth the
mutual agreement of EZCORP, Inc., a Delaware corporation, for itself and its subsidiaries and
affiliates (collectively, the &#147;Company&#148;), and Charles Bradford Wolfe (&#147;Executive&#148;) regarding
Executive&#146;s separation from employment with EZCORP.</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Termination of Employment </I></B>&#151; Executive wishes to, and shall, resign from his employment with
the Company, and his position as the Company&#146;s Senior Vice President and Chief Financial
Officer, effective May&nbsp;17, 2010; and the Company hereby accepts such resignation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Severance Payments </I></B>&#151; As severance, the Company will make the following payments to Executive
(subject to applicable tax and other withholdings):</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company shall pay Executive an amount equal to the amount of salary that it
would have paid to Executive had Executive remained an employee of the Company through
January&nbsp;31, 2011. Such amount shall be paid in the increments and at the times that
such salary would have been paid and shall assume that Executive&#146;s current rate of
salary would have continued through January&nbsp;31, 2011.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company shall pay Executive an amount equal to 60% of the Incentive Bonus
that he would have otherwise earned for fiscal 2010 (calculated assuming the actual
payout for the Corporate Objectives portion and 100% payout for the Individual
Objectives portion). Such amount shall be paid at the same time as the fiscal 2010
Incentive Bonus is paid to the Company employees eligible for such Incentive Bonus.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Notwithstanding the foregoing, no amounts shall be paid prior to the end of the revocation
period described in Paragraph&nbsp;15 below, and any amounts that would otherwise have been paid
prior to the end of such revocation period shall be paid as soon as practicable after the
end of such revocation period.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Executive agrees that (i)&nbsp;the payments described above are in addition to anything to which
Executive is currently entitled and (ii)&nbsp;except as expressly set forth in this Agreement or
in the Company&#146;s stock or benefit plans, Executive is not entitled to receive from the
Company the payment or distribution of any amounts of pay, benefits, cash, stock, stock
options or other type of property.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Treatment of Executive&#146;s Benefits and Restricted Stock </I></B>&#151; Executive understands and agrees
that balances or vested balances he has in any Company benefit plan will be available to him
consistent with applicable laws, regulations and the administrative provisions of the various
plan documents. Executive also understands and agrees that all 10,000 shares of restricted
stock that he currently owns remain unvested and, pursuant to the terms of the Restricted
Stock Award Agreement, dated December&nbsp;1, 2009, between Executive and the Company relating to
such restricted stock (the &#147;Restricted Stock Award Agreement&#148;), will be forfeited on the
effective date of Executive&#146;s termination of employment.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">4.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>COBRA Benefits </I></B>&#151; Upon the termination of his employment with the Company, Executive will be
eligible for continuation of certain medical benefits under COBRA, at his option and his
expense, as provided by law.</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">5.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Complete Release </I></B>&#151; Executive hereby fully releases the Company and all of its owners,
partners, shareholders, predecessors, successors, assigns, agents, directors, officers,
employees, representatives, attorneys, subsidiaries, joint ventures and affiliates, and
agents, directors, officers, employees, representatives and attorneys of such subsidiaries and
affiliates (collectively, the &#147;Released Parties&#148;), from any and all known or unknown claims or
demands Executive may have against any of them. Executive expressly waives and opts out of
all claims, whether asserted on an individual or class action basis, against any Released
Party arising out of any contract, express or implied, any covenant of good faith and fair
dealing, express or implied, any tort <B>(whether intentional or negligent, including claims
arising out of the negligence or gross negligence of any Released Party and claims of express
or implied past or future defamation by any Released Party)</B>, and any federal, state or other
governmental statute, regulation or ordinance, including those relating to employment
discrimination, termination of employment, payment of wages or provision of benefits, Title
VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Americans with
Disabilities Act, the Employee Retirement Income Security Act, the Family and Medical Leave
Act, the Fair Labor Standards Act, the Age Discrimination in Employment Act and the
Occupational Safety and Health Act. Executive represents that he has not assigned to any
other person any of such claims and that he has the full right to grant this release.
Notwithstanding any other provision herein, Executive and the Company agree that Executive is
not waiving any claims that may arise in the future under the Age Discrimination in Employment
Act, any claim for benefits under the Company&#146;s health and welfare or other benefit plans or
any future claims based on the Company&#146;s obligations and agreements set forth in this
Agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Executive further agrees that he will not voluntarily become a party to, or directly or
indirectly aid or encourage any other party in connection with, any lawsuit, claim, demand
or adversarial or investigatory proceeding of any kind involving the Company or any of the
Released Parties that relates in any material way to his employment with the Company or that
is based on facts about which Executive obtained personal knowledge while employed with the
Company. Executive&#146;s compliance with a subpoena or other legally compulsive process will
not be a violation of this provision.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">6.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Non-Admission of Liability </I></B>&#151; Executive and the Company understand and agree that they are
entering into this Agreement to, among other things, resolve any claims or differences that
may exist between them. By entering into this Agreement neither Executive nor the Company
admits any liability or wrongdoing.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">7.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Return of Company Documents and Property </I></B>&#151; Executive agrees that, as soon as practicable
following the termination of employment with the Company, he will return to the Company any
and all documents relating to the Company or its business operations (and any and all copies
thereof, whether in paper form or electronic form), computer equipment, badges, credit cards
and any other Company property in his possession or control. Executive agrees that he will
not take any such documents or property from the control or premises of the Company and that
if, at any time after his separation from the Company, he should come into possession of any
such documents or property, he will return such documents or property to the Company
immediately.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">8.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Proprietary Information, Non-Competition and Non-Solicitation </I></B>&#151; The parties acknowledge
that, pursuant to Paragraphs 18 and 19 of the Restricted Stock Award Agreement, Executive is
subject to various obligations regarding (a)&nbsp;the protection</TD>
</TR>

</TABLE>
</DIV>

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</DIV>

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    <TD width="1%">&nbsp;</TD>
    <TD>and non-disclosure of the Company&#146;s confidential and proprietary information, (b)
competition with the &#147;Business of the Company&#148; (as defined in the Restricted Stock Award
Agreement), (c)&nbsp;solicitation of the Company&#146;s customers, suppliers and vendors and (d)
solicitation of the Company&#146;s employees. Executive hereby affirms such obligations and
acknowledges that such provisions (as well as the other provisions of the Restricted Stock
Award Agreement) shall remain in full force and effect in accordance with their respective
terms.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">9.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Non-Disparagement </I></B>&#151; Executive agrees that, except as may be required by law or court order,
he will not, directly or indirectly, make any statement, oral or written, or perform any act
or omission that is or could be detrimental in any material respect to the reputation or
goodwill of the Company or any other person or entity released herein. Further, the Company
agrees that, except as may be required by law or court order, it will not, directly or
indirectly, make any statement, oral or written, or perform any act or omission which is or
could be detrimental in any material respect to the reputation or goodwill of Executive. The
parties agree and understand that the Company&#146;s obligations under this Paragraph extend only
to the current members of the Company&#146;s Board of Directors, the current Executive Officers of
the Company and any current employee of the Company who has been authorized by an Executive
Officer to communicate, or perform any act or omission, on behalf of the Company with respect
to Executive. The parties further agree that truthful statements made in connection with
legal proceedings will not violate this provision.</TD>
</TR>

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    <TD style="font-size: 6pt">&nbsp;</TD>
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    <TD width="3%" nowrap align="left">10.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Non-Contact; Cooperation </I></B>&#151; Executive agrees that, following the termination of his
employment with the Company:</TD>
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    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unless specifically requested by the Chief Executive Officer of the Company,
Executive will not engage in any form of communication (whether initiated by Executive
or others) with investors or potential investors, financial or industry analysts,
commercial or investment bankers, or auditors or other financial professionals
regarding the Company, the Company&#146;s business or any aspect of Executive&#146;s employment
with the Company;</TD>
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    <TD style="font-size: 6pt">&nbsp;</TD>
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    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unless specifically requested by the Chief Executive Officer of the Company,
Executive will not contact any employee in the Company&#146;s Finance Department regarding
the Company, the Company&#146;s business or any aspect of Executive&#146;s or such employee&#146;s
employment with the Company; and</TD>
</TR>

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    <TD style="font-size: 6pt">&nbsp;</TD>
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    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Executive will cooperate with the Company, to the extent and as requested by
the Chief Executive Officer of the Company, in transitioning the management of the
Company&#146;s Finance Department to a new Chief Financial Officer.</TD>
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    <TD width="3%" nowrap align="left">11.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Applicable Law and Venue </I></B>&#151; THIS AGREEMENT SHALL BE INTERPRETED IN ALL RESPECTS BY THE
INTERNAL LAWS OF THE STATE OF TEXAS, AND THE VENUE FOR THE RESOLUTION OF ANY DISPUTES
(LOCATION OF ANY LAWSUIT) SHALL BE SOLELY IN THE STATE AND FEDERAL COURTS OF TRAVIS COUNTY,
TEXAS.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">12.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Severability </I></B>&#151; The fact that one or more Paragraphs (or portion thereof) of this Agreement
may be deemed invalid or unenforceable by any court shall not invalidate the remaining
Paragraphs or portions of such Paragraphs of this Agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">13.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Entire Agreement; Amendments </I></B>&#151; This Agreement constitutes the entire agreement between
Executive and the Company, and supersedes all prior oral or written negotiations and
agreements with the Company, concerning the subject matter hereof; provided however, that as
noted Paragraph&nbsp;8 above, the provisions of</TD>
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    <TD>the Restricted Stock Award Agreement (specifically including Paragraphs 18 and 19 thereof)
shall remain in full force and effect in accordance with their respective terms, and
Executive shall remain subject to the obligations set forth therein. Executive understands
and acknowledges that any breach of this Agreement or Executive&#146;s continuing obligations
under the Restricted Stock Award Agreement will entitle the Company to cease making the
payments described in Paragraph&nbsp;2 above, in addition to any other remedies that may be
available to the Company. This Agreement may not be amended or modified except by a written
agreement signed by Executive and the Chief Executive Officer of the Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">14.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Certain Acknowledgments </I></B>&#151; <B>Executive acknowledges (a)&nbsp;that he has carefully read this
Agreement and is signing it voluntarily with full knowledge of its contents, (b)&nbsp;that he has
been advised by counsel to the extent he deems necessary, appropriate or desirable and (c)
that he understands and accepts all the terms of this Agreement.</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">15.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B><I>Consideration and Revocation Periods </I></B>&#151; Executive may take up to 21&nbsp;days to consider this
Agreement. Executive may use as much or as little of this period as he chooses before signing
this Agreement. Executive is advised to consult with an attorney before signing this
Agreement. If Executive accepts this Agreement, he must sign it and return it to the
Company&#146;s General Counsel on or before the expiration of the 21-day period referred to above
or the Company&#146;s withdrawal of the offer contained in this Agreement. By signing this
Agreement, Executive acknowledges that he was afforded a period of at least 21&nbsp;days from the
date the Company&#146;s proposal was presented to him in which to consider it. Executive
understands that any changes that the parties agree to make to this Agreement after it has
been presented to him, whether such changes are material or non-material, will not extend the
amount of time Executive has to consider the agreement. In addition, Executive has a period
of seven days within which to revoke this Agreement after signing it. To revoke this
Agreement, Executive must notify the Company&#146;s General Counsel of revocation in writing within
seven days from the date Executive signed this Agreement.</TD>
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</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In order for this Agreement to become effective, Executive must sign this Agreement in the space
provided below and return it to the Company&#146;s General Counsel on or before the close of business on
June&nbsp;7, 2010. If the Company has not received a signed copy of this Agreement by that time, the
offer reflected in this Agreement will automatically terminate and expire without further notice
from the Company.</DIV>

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    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>EZCORP, INC.</B></TD>
</TR>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May 17, 2010&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Joseph L. Rotunda&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Joseph L. Rotunda</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chief Executive Officer</TD>
</TR>
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    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">Date:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">May 21, 2010&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">/s/ Charles Bradford Wolfe&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
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    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>Charles Bradford Wolfe</B></TD>
</TR>
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