UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 1.01 | Entry into a Material Definitive Agreement. |
On August 3, 2020, Sabre GLBL Inc. (the “Company”), a wholly-owned subsidiary of Sabre Corporation, and DXC Technology Services LLC (“DXC”), successor in interest HP Enterprise Services, LLC, entered into Amendment Number 3 (the “Amendment”) to the Master Services Agreement (the “Master Agreement”) between the Company and DXC. The Amendment provides that the Master Agreement expires on July 31, 2030. The Amendment confirms the conclusion of the benchmarking assessment conducted under the Master Agreement in 2020 and contains certain data privacy provisions in connection with recently enacted legislation and regulations. The Amendment also provides additional details regarding the authorization of the Company, in connection with a notice of termination or expiration of the Master Agreement, to solicit or hire any DXC personnel that are primarily assigned to the performance of the services under the Master Agreement.
The foregoing is only a brief description of the material terms of the Amendment, does not purport to be a complete description of the rights and obligations of the parties thereunder and is qualified in its entirety by reference to the Amendment that will be filed as an exhibit to Sabre Corporation’s Quarterly Report on Form 10-Q for the quarter ending September 30, 2020.
SIGNATURES
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.
| Sabre Corporation | ||||||
| Dated: August 7, 2020 | By: | /s/ Aimee Williams-Ramey | ||||
| Name: | Aimee Williams-Ramey | |||||
| Title: | Senior Vice President and General Counsel | |||||