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Note M - Certain Relationships and Related Party Transactions
12 Months Ended
Dec. 31, 2021
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

Note M — Certain Relationships and Related Party Transactions

 

As described in Note F, Long-Term Debt, the Company’s old Texas Capital Credit Facility was secured by HHS Guaranty, LLC, an entity formed to provide credit support for the Company by certain members of the Shelton family (descendants of one of our founders). In connection with the entry into the New Credit Facility the arrangement was terminated because Texas Capital Bank did not require third-party credit support for the borrowings under the New Credit Facility. 

 

From 2016 until October 2020, we conducted business with Wipro, whereby Wipro provided us with a variety of technology-related services. We have since terminated all service agreements with Wipro.