UNITED STATES ~~SECURITIES AND EXCHANGE COMMISSION~~

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~~Pursuant ofto ~~Report~~Section 13 OR 15(~~Date~~d) of ~~earliest~~The ~~event~~Securities ~~reported):~~Exchange ~~November 19,~~Act ~~2010~~of 1934

Date of Report (Date of earliest event reported): March 25, 2011

Commission File Number 333-49389

Activant Solutions Inc.

(Exact name of registrant as specified in its charter)

Delaware	~~333~~94-~~49389~~2160013	~~94-2160013~~
(State or other jurisdiction	(Commission File Number)	(IRS Employer
(State or other jurisdiction of	(I.R.S. Employer
of incorporation)		Identification No.)
incorporation or organization)	Identification No.)
7683 Southfront Road
Livermore, CA	94551
(Address of principal executive offices)	(Zip Code)

~~7683 Southfront Road Livermore, California 94551~~ (~~Address of principal executive offices, zip code~~925) 449-0606

(Registrant’s telephone number, ~~including area code: (925) 449-0606~~

including area code)

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:

o £ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o £ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o £ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o £ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 15.~~01,~~02 ~~Entering~~Departure ~~into~~of aDirectors ~~Material~~or ~~Definitive~~Certain ~~Agreement~~ Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

~~On November 19, 2010, Activant Solutions Inc.~~ (~~the “Company”~~e), ~~Activant~~On ~~Group~~March ~~Inc.~~22, ~~(f/k/a Lone Star Holding Corp.)~~2011, ~~various~~the ~~lenders~~Compensation ~~from~~Committee ~~time~~of tothe ~~time~~Board ~~party~~of ~~thereto~~Directors ~~and~~of ~~Deutsche~~Activant ~~Bank~~Solutions ~~Trust Company~~Inc. ~~Americas, as administrative agent, entered into a Second Amendment~~ (the “~~Amendment~~Company”) toapproved ~~the Company’s~~an ~~senior~~increase ~~secured~~in ~~credit~~the ~~agreement,~~annual ~~dated~~base ~~May 2,~~salary ~~2006~~of ~~(as~~Pervez ~~amended, the “Senior Secured Credit Agreement”)~~A. ~~The Amendment~~Qureshi, ~~among~~President ~~other~~and ~~things,~~Chief ~~extends~~Executive ~~the~~Officer ~~maturity date for the repayment~~ of ~~a portion of~~ the ~~term~~Company, ~~loans~~from ~~outstanding thereunder~~$416,000 ~~extends~~to ~~the~~$500,000, ~~date~~as ofwell ~~maturity~~as ofan ~~the commitments~~increase in ~~respect~~Mr. ofQureshi's aannual ~~portion~~target ofbonus ~~the~~from ~~Company’s~~$416,000 ~~revolving~~to ~~credit~~$500,000, ~~facility~~ and ~~provides~~an ~~for additional~~increase ~~flexibility~~ in the ~~financial~~annual ~~covenant~~base ~~levels.~~salary ~~As a result~~ of ~~the~~William ~~Amendment~~Wilson, ~~$275.0 million (the~~Senior ~~“extended~~Vice ~~term~~President ~~loans”)~~ of ~~the~~Product ~~existing~~Development ~~term~~of ~~loans~~the ~~have been extended to mature on February 2~~Company, ~~2016~~ ~~and~~from $~~25.5 million~~250,000 ~~(the “extended revolving commitments”) of the existing revolving credit commitments have been extended~~ to ~~mature on May 2~~$275,000, ~~2013.~~as ~~The~~well ~~existing~~as ~~term~~an ~~loans~~increase ~~and~~in ~~the~~Mr. ~~existing revolving~~Wilson's ~~credit~~annual ~~commitments~~target ~~were~~bonus ~~formerly~~from ~~set~~$125,000 to ~~mature on May 2~~$140, ~~2013 and May 2, 2011, respectively~~000. The ~~term~~increase ~~loans~~in ~~that are not extended term loans (~~the ~~“non-extended~~annual ~~term~~base ~~loans”)~~salary ~~and the~~for ~~revolving~~Messrs. ~~credit~~Qureshi ~~commitments that are not extended revolving commitments (the “non-extended revolving commitments”) will have the same maturity dates~~ and ~~pricing~~Wilson asis ineffective ~~effect prior to the Amendment. Further,~~ as ~~a result~~ of ~~the~~April ~~Amendment, the maximum leverage ratio will step down only to~~ 4~~.25x from and including December 31~~, ~~2010~~2011 to and ~~including~~the ~~September 30,~~annual ~~2011.~~target Itbonus ~~will~~increase ~~step down~~is toeffective ~~4.00x~~as ~~from~~of ~~and~~April ~~including December 31~~1, 2011, ~~through 2012 and will further step down to 3.75x thereafter through~~ the ~~end~~beginning of the ~~extension~~Company's ~~term~~third offiscal ~~February 2, 2016~~quarter. ~~Prior to the Amendment, the maximum leverage ratio was formerly set to step down to 3.75x from and including December 31, 2010.~~

After giving effect to the Amendment, the aggregate principal amount outstanding under our Senior Secured Credit Agreement has not increased, however, the pricing has been increased by 200-250 basis points for the extended term loans and by 250 basis points for the extended revolving commitments. The extended term loans amortize quarterly at 0.25% per quarter with the final balance of the non-extended term loans, $108.5 million, payable on May 2, 2013 and the final balance of the extended term loans, $260.6 million, payable on February 2, 2016. Principal amounts outstanding under the non-extended revolving commitments are due and payable in full on May 2, 2011 and amounts outstanding under the extended revolving commitments are due and payable in full on May 2, 2013.

A copy of the Amendment will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2010.

SIGNATURE

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~~thereunto duly authorized.

ACTIVANT SOLUTIONS INC. By: /S/ TIMOTHY F. TAICH Name: Timothy F. Taich Title: Vice President and General Counsel



	ACTIVANT SOLUTIONS INC.
Date: March 25, 2011	By: /s/ TIMOTHY F. TAICH
	Timothy F. Taich
	Vice President and General Counsel

Date: November 22, 2010

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