UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 10, 2005
Open Solutions Inc.
(Exact Name of Registrant as Specified in Charter)
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| Delaware
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000-02333-56
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22-3173050 |
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(State or Other Juris-
diction of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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| 455 Winding Brook Drive, Glastonbury, CT
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06033 |
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| (Address of Principal Executive Offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (860) 652-3155
(Former Name or Former Address, if Changed Since Last Report)
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 (see General
Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
TABLE OF CONTENTS
Item 1.01. Entry into a Material Definitive Agreement
On October 10, 2005, Open Solutions Inc. (the “Registrant”) entered into a Letter Agreement
(the “Letter Agreement”) with BISYS, Inc. (“BISYS”), which amended the Software License Agreement
between the Registrant and BISYS dated as of September 1, 2003 (the “Original Agreement”) .
Pursuant to the Letter Agreement, the Registrant and BISYS agreed to extend the date by which
BISYS is entitled to terminate the limited non-compete obligations of the Registrant for a
particular region from October 10, 2005 to January 31, 2006, subject to certain conditions.
The foregoing summary description of the terms of the Letter Agreement is qualified in its
entirety by reference to the Letter Agreement, which is attached as Exhibit 10.1 to this Current
Report on Form 8-K. The Original Agreement was filed as an exhibit to Amendment No. 5 to the
Registrant’s Registration Statement on Form S-1, filed with the Securities and Exchange Commission
on November 21, 2003 (File No. 333-108293).
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
See Exhibit Index attached hereto.