Exhibit 10.2
AGREEMENT TO TERMINATE STOCKHOLDERS AGREEMENT
This Agreement to Terminate Stockholders Agreement is made and entered
into as of the 4th day of August, 2003, by and among Nelnet Loan Services,
Inc., f/k/a UNIPAC Service Corporation (the "Company"), and stockholders of the
Company (and, if applicable, their respective spouses) who have executed that
certain Stockholders Agreement for UNIPAC Service Corporation dated as of March
2, 2000 (the "Stockholders Aggregate").
WHEREAS, the parties hereto entered into the Stockholders Agreement, and
now wish to terminate the Stockholders Agreement in full in the manner
specified herein.
NOW, THEREFORE, in consideration of the foregoing premises and the mutual
covenants herein contained, the parties hereto agree as follows:
1. Termination of Stockholders Agreement. The Stockholders Agreement
shall be terminated, voided and cancelled, effective upon the closing of the
Company's initial public offering of shares of common stock of the Company.
Such termination shall be effected without further action by the parties to the
Stockholders Agreement. This Agreement to Terminate Stockholders Agreement is
conditioned upon the closing of said initial public offering, and thus shall
not terminate the Stockholders Agreement until and unless such closing occurs.
2. Counterparts. This Agreement to Terminate Stockholders Agreement may
be executed by the parties in counterparts, each of which shall be deemed to be
an original instrument, but all of which together shall constitute one and the
same instrument.
Nelnet Loan Services, Inc., f/k/a UNIPAC
Service Corporation
By: Xxxxxxx X. Xxxxxx
_____________________________
Title: President
_____________________________
By: /s/Xxxxxxx X. Xxxxxx
-------------------------------
Xxxxxxx X. Xxxxxx
By: /s/Xxxxx Xxxxxx
-------------------------------
Xxxxx Xxxxxx
By: /s/Xxxxxxx X. Xxxxxxxxxxx
-------------------------------
Xxxxxxx X. Xxxxxxxxxxx
By: /s/Xxxxx Xxxxxxxxx
-------------------------------
Xxxxx Xxxxxxxxx
By: /s/Xxx Xxxxxxxxx
-------------------------------
Xxx Xxxxxxxxx
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx
Packers Service Group, Inc.
By: /s/Xxxxxxx Xxxxxxxx
-------------------------------
Xxxxxxx Xxxxxxxx
UBATCO Profit Sharing Plan
By: /s/Xxxxxx X. Willmend
-------------------------------
Xxxxxx X. Willmend
Xxxx and Xxxx Xxxxxx Charitable
Lead Trust
By: Union Bank and Trust Company,
as Trustee
By: /s/R. Xxxxx Xxxxxx
-------------------------------
R. Xxxxx Xxxxxx
Senior Vice President and Trust
Officer
By: /s/Xxxxxxx Xxxxxxxxxx and
-------------------------------
Xxxxxx Xxxxxxxxxx
-------------------------------
Xxxxxxx and Xxxxx Xxxxxxxxxx
By: /s/Xx Xxxxx
-------------------------------
Xx Xxxxx
By: /s/Xxxx Xxxxx
-------------------------------
Xxxx Xxxxx
By: /s/Xxx Xxxxxx
-------------------------------
Xxx Xxxxxx
Xxxxxxx Xxxxxx, Estate of
By: /s/Xxxxx X. Xxxxxx
-------------------------------
Xxxxx X. Xxxxxx
Personal Representative
By: /s/Xxxx X. Xxxxx
-------------------------------
Xxxx X. Xxxxx
By: /s/Xxxxxx Xxxxx
-------------------------------
Xxxxxx Xxxxx
-2-
By: /s/Xxxx X. Xxxxx
-------------------------------
Xxxx X. Xxxxx as custodian for
Xxxxxxxxx Xxxxx
By: /s/Xxxx X. Xxxxx
-------------------------------
Xxxx X. Xxxxx as custodian for
Xxxxxx Xxxxx
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx
By: /s/Xxxxx Xxxxxx
-------------------------------
Xxxxx Xxxxxx
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx as custodian for
Xxxxx Xxxxxx
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx as custodian for
Xxxxx Xxxxxx
By: /s/Xxxxx Xxxxx
-------------------------------
Xxxxx Xxxxx
By: /s/Xxxx Xxxxx
-------------------------------
Xxxx Xxxxx
-3-
By: /s/Xxxxx Xxxxx
-------------------------------
Xxxxx Xxxxx as custodian for
Xxxxxx Xxxxx
By: /s/Xxxxxx Xxxxx
-------------------------------
Xxxxxx Xxxxx
By: /s/Xxxxx Xxxxx
-------------------------------
Xxxxx Xxxxx as custodian for
Xxxxxx Xxxxx
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
as custodian for Xxxxxxxx Xxxxx
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
as custodian for Xxxxxx Xxxxx
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
as custodian for Xxxxxxx Xxxxx
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
as custodian for Xxxxx Xxxxx
-4-
By: /s/Xxxx X. Xxxxx
-------------------------------
Xxxx Xxxxx Perry
By: /s/Xxxxxxxx Xxxxx
-------------------------------
Xxxxxxxx Xxxxx
By: /s/Xxxx Xxxxx Xxxxx
-------------------------------
Xxxx Xxxxx Perry
as custodian for Xxxxx Xxxxx
Perry
By: /s/Xxxx Xxxxx Xxxxx
-------------------------------
Xxxx Xxxxx Perry
as custodian for Xxxxxxxx Xxxxx
Perry
By: /s/Xxxx Xxxxx Xxxxx
-------------------------------
Xxxx Xxxxx Perry
as custodian for Xxxxx Xxxxx
Xxxxx
By: /s/Xxxxxxxxx Xxxxx Xxxxxxxxxxxx
-------------------------------
Xxxxxxxxx Xxxxx Xxxxxxxxxxxx
By: /s/Xxxxx Xxxxxxxxxxxx
-------------------------------
Xxxxx Xxxxxxxxxxxx
By: /s/Xxxxxxxxx Xxxxx Xxxxxxxxxxxx
-------------------------------
Xxxxxxxxx Xxxxx Xxxxxxxxxxxx as
custodian for Cedar
Xxxxxxxxxxxx
By: /s/Xxxxxxxxx Xxxxx Xxxxxxxxxxxx
-------------------------------
Xxxxxxxxx Xxxxx Xxxxxxxxxxxx as
custodian for Xxxxxx
Xxxxxxxxxxxx
-5-
By: /s/Xxx Xxxxxxxxx
-------------------------------
Xxxx Xxxxxxxxx
By: /s/Xxxxxxx Xxxxxx
-------------------------------
Xxxxxxx Xxxxxx
By: /s/Xxx Xxxxxxxxx
-------------------------------
Xxxxx Xxxxxxxxx
-------------------------------
Xxx and Xxxxx Xxxxxxxxx
By: /s/Xxxxx Xxxxxxx
-------------------------------
/s/Xxxxxxx Xxxxxxx
-------------------------------
Xxxxx and Xxxxxxx Xxxxxxx
By: /s/Xxxxx Xxxxxxx
-------------------------------
Xxxxx Xxxxxxx
By: /s/Xxxxx Xxxxxx
-------------------------------
Xxxxx Xxxxxx
By: /s/Xxxxxx Xxxxxx
-------------------------------
Xxxxxx Xxxxxx
By: /s/Xxxx Xxxxx
-------------------------------
Xxxx Xxxxx
Great Plains Financial LLC
By: /s/Xxx Xxxx
-------------------------------
Xxx Xxxx
Sole Member
-6-
By: /s/Xxx Xxxx
-------------------------------
Xxx Xxxx
By: /s/Xxxx Xxxxxxxxxxxx
-------------------------------
Xxxx Xxxxxxxxxxxx
By: /s/Xxx Xxxxxxxxxx
-------------------------------
Xxx Xxxxxxxxxx
By: /s/Xxxxxxx Xxxxxxx
-------------------------------
Xxxxxxx Xxxxxxx
By: /s/Xxxxx X. Xxxxxx
-------------------------------
Xxxxx X. Xxxxxx
By: /s/Xxxx Xxxx
-------------------------------
Xxx Xxxx
By: /s/Xxxxx Xxxxxx
-------------------------------
Xxxxx Xxxxxx
By: /s/Xxxxx Xxxxxxxx
-------------------------------
Xxxxx Xxxxxxxx
By: /s/Xxxxxxx Xxxxxxx
-------------------------------
Xxxxxxx Xxxxxxx
By: /s/Xxxxxxx Xxxxxx
-------------------------------
Xxxxxxx Xxxxxx
-7-
By: /s/Xxxxxxx Xxxxxxxxx
-------------------------------
Xxxxxxx Xxxxxxxxx
By: /s/Xxxxxx Xxxxxx
-------------------------------
Xxxxxx Xxxxxx
By: /s/Xxxxxx Xxxxxx
-------------------------------
Xxxxxx Xxxxxx
By: /s/Xxxxxx Xxxxxxxxxxx
-------------------------------
Xxxxxx Xxxxxxxxxxx
By: /s/Xxxxxxx Xxxxxxxxxx
-------------------------------
Xxxxxxx Xxxxxxxxxx
By: /s/Xxxxxx Xxxxxxx
-------------------------------
Xxxxxx Xxxxxxx
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx
By: /s/Xxx Xxxx
-------------------------------
Xxx Xxxx
By: /s/Xxxxxx Xxxxxxxx
-------------------------------
Xxxxxx Xxxxxxxx
By: /s/Xxxxxx Xxxxxx
-------------------------------
Xxxxxx Xxxxxx
-8-
By: /s/Xxxx Xxxxxxxx
-------------------------------
Xxxx Xxxxxxxx
By: /s/Xxxx Tone
-------------------------------
Xxxx Tone
By: /s/Xxxxx Xxxxxxxxxxx
-------------------------------
Xxxxx Xxxxxxxxxxx
By: /s/Xxxxxxx Xxxxxx
-------------------------------
Xxxxxxx Xxxxxx
By: /s/Xxxxx Xxxxxxxxx
-------------------------------
Xxxxx Xxxxxxxxx
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
By: /s/Xxxxx X. XxxXxxx
-------------------------------
Xxxxx X. XxxXxxx
The Xxxx Xxxxxx and Xxxx Xxxxxx
Partnership
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx
Partner
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
-9-
By: /s/Xxxxxxx Xxxxxxxxxxx
-------------------------------
Xxxxxxx Xxxxxxxxxxx
By: /s/Xxxx Xxxxxxxx
-------------------------------
Xxxx Xxxxxxxx
By: /s/Xxxx Xxxx
-------------------------------
Xxxx Xxxx
By: /s/Xxx Xxxxxxxxx
-------------------------------
Xxx Xxxxxxxxx
By: /s/K. Xxx Xxxx
-------------------------------
K. Xxx Xxxx
By: /s/Xxxx Xxxxx
-------------------------------
Xxxx Xxxxx
By: /s/Xxxxxxx Xxxxxxx
-------------------------------
Xxxxxxx Xxxxxxx
By: /s/Xxxxxx Xxxxx
-------------------------------
Xxxxxx Xxxxx
By: /s/Xxxx Xxxxxxx
-------------------------------
Xxxx Xxxxxxx
By: /s/Xxxxxxx Xxxxxxx
-------------------------------
Xxxxxxx Xxxxxxx
-10-
By: /s/Xxxx Xxxx
-------------------------------
Xxxx Xxxx
By: /s/Xxxxxx Xxxx
-------------------------------
Xxxxxx Xxxx
By: /s/Xxxxxx Xxxxxx
-------------------------------
Xxxxxx Xxxxxx
By: /s/Xxxxxxx Xxxxxx
-------------------------------
Xxxxxxx Xxxxxx
By: /s/Xxx Xxxx
-------------------------------
Xxx Xxxx
By: /s/Xxxxxxx Xxxxxxxxxxx
-------------------------------
Xxxxxxx Xxxxxxxxxxx
By: /s/Xxxxxxx Xxxxx
-------------------------------
Xxxxxxx Xxxxx
By: /s/Xxxxx Xxxx
-------------------------------
Xxxxx Xxxx
By: /s/Xxxxxx Xxxxxx
-------------------------------
Xxxxxx Xxxxxx
By: /s/Xxxx Xxxx
-------------------------------
Xxxx Xxxx
-11-
By: /s/Xxxx Xxxxxxx
-------------------------------
Xxxx Xxxxxxx
By: /s/Xxxxxxx Xxxxxxx
-------------------------------
Xxxxxxx Xxxxxxx
By: /s/Xxxxx Xxxx
-------------------------------
Xxxxx Xxxx
By: /s/Xxxxxxxx Xxxx
-------------------------------
Xxxxxxxx Xxxx
By: /s/Xxxxxxxx Xxxxxxx
-------------------------------
Xxxxxxxx Xxxxxxx
By: /s/Xxxxxxx Xxxxxxxx
-------------------------------
Xxxxxxx Xxxxxxxx
By: /s/Xxxxx Xxxxxx
-------------------------------
Xxxxx Xxxxxx
By: /s/Xxxxx XxXxxxx
-------------------------------
Xxxxx XxXxxxx
By: /s/Xxxxxxxx Xxxxxx
-------------------------------
Xxxxxxxx Xxxxxx
By: /s/Xxxxx Xxxxxxx
-------------------------------
Xxxxx Xxxxxxx
-12-
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx
By: /s/Xxxxxx Xxxxxxxxx
-------------------------------
Xxxxxx Xxxxxxxxx
By: /s/Xxxxxxx Xxxxxxx
-------------------------------
Xxxxxxx Xxxxxxx
By: /s/K. Xxxxx Xxxxxx, Xx.
-------------------------------
K. Xxxxx Xxxxxx, Xx.
By: /s/Xxxxx XxXxxxxxxxxx
-------------------------------
Xxxxx XxXxxxxxxxxx
By: /s/Xxxxx Xxxxxxx
-------------------------------
Xxxxx Xxxxxxx
By: /s/Xxxxx Xxxxxxx
-------------------------------
Xxxxx Xxxxxxx
By: /s/Xxxxx X. Xxxxxxx
-------------------------------
Xxxxx X. Xxxxxxx
By: /s/Xxxxxxx Xxxx
-------------------------------
Xxxxxxx Xxxx
By: /s/Elise Nowilowski
-------------------------------
Elise Nowilowski
-13-
By: /s/Xxxxxx Xxxx
-------------------------------
Xxxxxx Xxxx
By: /s/Xxxx Xxxxxxxx
-------------------------------
Xxxx Xxxxxxxx
By: /s/Xxxxxxx X. Xxxxxxx
-------------------------------
Xxxxxxx X. Xxxxxxx
By: /s/Xxxx Xxxxxxxxx
-------------------------------
Xxxx Xxxxxxxxx
By: /s/Xxxx Xxxxxxxx
-------------------------------
Xxxx Xxxxxxxx
By: /s/Xxxxxx Xxxxxxxxxxx
-------------------------------
Xxxxxx Xxxxxxxxxxx
By: /s/Xxxxxx X. Xxxxxx
-------------------------------
Xxxxxx X. Xxxxxx
By: /s/Xxxxxxx Xxxx
-------------------------------
Xxxxxxx Xxxx
By: /s/Xxxxxxx Xxxxxxx
-------------------------------
Xxxxxxx Xxxxxxx
By: /s/Xxxx Xxxxxxx
-------------------------------
Xxxx Xxxxxxx
-14-
By: /s/Xxxxx Xxxx
-------------------------------
Xxxxx Xxxx
By: /s/Xxxxxxxxx Xxxx Xxxxx
-------------------------------
Xxxxxxxxx Xxxx Xxxxx
By: /s/Xxxx Xxx Xxxxxxxx
-------------------------------
Xxxx Xxx Xxxxxxxx
New Horizon Holdings, LLC
By: /s/K. Xxx Xxxx
-------------------------------
K. Xxx Xxxx
Member
By: /s/Xxxxx Xxxxxx
-------------------------------
Xxxxx Xxxxxx
By: /s/Xxxx Xxxxxx
-------------------------------
Xxxx Xxxxxx
-15-