Item 1.01  Entry into a Material Definitive Agreement.
On February 10, 2020, Jack Henry & Associates, Inc. (the "Company") entered into
a five-year senior, unsecured revolving Credit Agreement among the Company, as
Borrower, the lenders party thereto, U.S. Bank National Association, as
Administrative Agent, LC Issuer and Swing Line Lender, and certain other
financial institutions as co-syndication agents and joint lead arrangers and
joint book runners (the "Credit Agreement"). The Credit Agreement provides for
revolving credit loans of up to $300 million with a sublimit of $50 million for
letters of credit and a sublimit of $50 million for swing line loans. The Credit
Agreement may be increased by up to $400 million to a maximum aggregate
principal amount of $700 million pursuant to the terms and subject to certain
limitations set forth in the Credit Agreement. The Credit Agreement is scheduled
to expire in February 2025 and may be used to refinance existing indebtedness of
the Company, for capital expenditures, to repurchase the Company's equity
interest and for general corporate purposes. The Credit Agreement replaces the
Company's existing $300 million unsecured credit agreement dated February 20,
2015, as amended to date, among the Company, a syndicate of bank lenders, U.S.
Bank National Association, as administrative agent, and other financial
institutions as co-syndication agents and joint lead arrangers and joint book
runners (the "Prior Credit Agreement"), which was scheduled to mature in
February 2020 and which has been terminated in connection with the Credit
Agreement.
The Credit Agreement bears interest at a variable rate equal to, at the option
of the Company, either (a) a rate based on a eurocurrency rate or (b) an
alternate base rate (the highest of (i) 0.00%, (ii) U.S. Bank's prime rate,
(iii) the Federal Funds Rate plus 0.50% and (iv) a one month eurocurrency rate
plus 1.00%), plus an applicable percentage in each case determined based on the
Company's leverage ratio.
The Credit Agreement contains customary affirmative and negative covenants that,
among other things, limit the ability of the Company and its subsidiaries,
without the approval of the lenders, to engage in certain mergers,
consolidations, asset sales, investments and transactions with affiliates, or to
incur liens or indebtedness in excess of stated amounts, all as set forth in the
Credit Agreement. Financial covenants under the Credit Agreement require the
Company to maintain a minimum ratio of Consolidated EBITDA (as defined in the
Credit Agreement) to Consolidated Interest Expense (as defined in the Credit
Agreement) of 3.50 to 1.00 and a maximum ratio of Consolidated Funded
Indebtedness (as defined in the Credit Agreement) to Consolidated EBITDA of 3.25
to 1.00 with a step-up to 3.50 to 1.00 for four consecutive quarters following
an acquisition with a purchase price of at least $100 million. The Credit
Agreement also contains customary events of default, including nonpayment,
non-compliance with affirmative or negative covenants, bankruptcy and change of
control, which if they occur may cause all outstanding obligations under the
Credit Agreement to be accelerated and become immediately due and payable.
The Credit Agreement is guaranteed by the Company's wholly-owned, Material
Domestic Subsidiaries (as defined in the Amended Credit Agreement).
The descriptions set forth above are qualified in their entirety by the Credit
Agreement filed herewith as exhibit 10.66.
Item 1.02  Termination of a Material Definitive Agreement.
On February 10, 2020, the Company terminated the Prior Credit Agreement. No
amounts were outstanding under the Prior Credit Agreement on that date.
Item 2.03  Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
See the disclosures under Item 1.01 of this Current Report on Form 8-K, which
are incorporated herein by reference.
Item 9.01  Financial Statements and Exhibits.

(d) Exhibits

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Exhibit No.  Description
             Credit Agreement, dated as of February 10, 2020 among Jack Henry &
             Associates, Inc., as Borrower, the lenders parties thereto, U.S.
             Bank National Association, as Administrative Agent, LC Issuer and
             Swing Line Lender, and certain other financial institutions as
             co-syndication agents and joint lead arrangers and joint book
  10.66      runners.

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