<HTML>
<HEAD>
<TITLE>sv8</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD nowrap align="left" valign="top">As filed with the Securities and Exchange Commission on December&nbsp;10, 2010.
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">File No.&nbsp;333-&#95;&#95;&#95;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt; margin-top: 2pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 6pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 4pt"><B>____________________</B>
</DIV>


<DIV align="center" style="font-size: 18pt; margin-top: 8pt"><B>FORM S-8</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 0pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 2pt"><B>____________________</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 8pt"><B>AARON&#146;S, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><B><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></B></DIV>


<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR style="font-size: 1px">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">Georgia
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">58-0687630</TD>
</TR>
<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><I>(State or other Jurisdiction of Incorporation)</I>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><I>(IRS Employer<BR>
Identification No.)</I></TD>
</TR>

<TR valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>


<TR valign="bottom">
    <TD valign="top" align="center"><DIV style="margin-left:0px; text-indent:-0px">309 E. Paces Ferry Road, N.E.
Atlanta, Georgia
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">30305-2377</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" align="center"><DIV style="margin-left:0px; text-indent:-0px"><I>(Address of principal executive offices)</I>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><I>(Zip code)</I></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">2001 Stock Option and Incentive Award Plan, as Amended and Restated<BR>
Aaron&#146;s, Inc. Employees Retirement Plan and Trust, as Amended and Restated
</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></DIV>


<DIV align="center" style="font-size: 10pt"><I>(Full title of the plan)</I></DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR style="font-size: 1px">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Mr.&nbsp;Gilbert L. Danielson</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><I>Copies to:</I></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>Aaron&#146;s, Inc. <BR>
309 E. Paces Ferry Road, N.E. <BR>
Atlanta, Georgia 30305</B><BR>
<I>(Name and address of agent for service)</I><BR>
<br>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>David M. Eaton<BR>
Kilpatrick Stockton LLP<BR>
1100 Peachtree Street, N.E., Suite&nbsp;2800<BR>
Atlanta, Georgia 30309<BR>
(404)&nbsp;815-6500</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(404) 231-0011<BR>
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><I>(Telephone number, including area code,
of agent for service)</I></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate by check mark whether the registrant is a large accelerated filer, an accelerated
filer, a non-accelerated filer, or a smaller reporting company. See the definitions of &#147;large
accelerated filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule&nbsp;12b-2 of the
Exchange Act. (Check one):
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="90%">
<!-- Begin Table Head -->
<TR style="font-size: 1px">
    <TD width="72%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Large Accelerated Filer <FONT face="Wingdings">&#254;</FONT>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Accelerated Filer <FONT face="Wingdings">&#111;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Non-Accelerated Filer <FONT face="Wingdings">&#111;</FONT> (Do not check if a smaller reporting company)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Smaller Reporting Company <FONT face="Wingdings">&#111;</FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Calculation of Registration Fee</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV></DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR style="font-size: 1px">
    <TD width="20%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Title of Securities</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Amount to</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Offering Price</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Aggregate</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Amount of</B></TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>to be Registered</B></TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>be Registered<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP></B></TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Per Share<SUP style="font-size: 85%; vertical-align: text-top">(3)</SUP></B></TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Offering Price<SUP style="font-size: 85%; vertical-align: text-top">(3)</SUP></B></TD>
    <TD style="border-bottom: 1px solid #000000">&nbsp;</TD>
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>Registration Fee<SUP style="font-size: 85%; vertical-align: text-top">(3) </SUP></B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:15px; text-indent:-15px"><B>Common Stock, Par<BR>
Value, $0.50 Per <BR>
Share (1)</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="17" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:15px; text-indent:-0px">2001 Stock
Option<BR> and
Incentive
Award <BR>Plan,
as amended
and <BR>restated
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top">14,966,112 shares (4)
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">18.6582</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">279,240,710.92</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">$</TD>
    <TD align="right" valign="top">11,531.49 </TD>
    <TD nowrap valign="top">(5)</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="17" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:15px; text-indent:-0px">Aaron&#146;s, Inc.
Employees
Retirement
Plan and
Trust, as
amended and
restated
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="3" align="center" valign="top">500,000 shares (4)
</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">$20.87</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">$10,435,000.00</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">$744.02</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="17" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:15px; text-indent:-0px">Participations in
the Aaron&#146;s, Inc.
Employees
Retirement Plan and
Trust, as amended
and restated
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">(6</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="center" valign="top">(7)</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="center" valign="top">(7)</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="center" valign="top">(7)</TD>
    <TD nowrap valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="17" valign="top" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 1pt; width: 18%; border-top: 0px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Previously known as the Class&nbsp;A Common Stock, par value $0.50 per share.</TD>
</TR>

<TR style="font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>Pursuant to Rule 416(a) of the Securities Act of 1933, this Registration Statement shall be
deemed to cover any additional shares of Common Stock of the Registrant to be offered or
issued from stock splits, stock dividends or similar transactions.</TD>
</TR>

<TR style="font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(3)</TD>
    <TD>&nbsp;</TD>
    <TD>Determined in accordance with Rules 457(c) and 457(h) under the Securities Act of 1933, based
on (a)&nbsp;with respect to 3,822,986 shares, $12.2114, the weighted average of the exercise price
for certain outstanding stock options and other awards granted under the 2001 Stock Option and
Incentive Award Plan, as amended and restated, and (b)&nbsp;with respect to the remaining
11,643,126 shares, $20.87, the average of the high and low prices of the Class&nbsp;A Common Stock
(now known as Common Stock) on the New York Stock Exchange on December&nbsp;7, 2010.</TD>
</TR>

<TR style="font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(4)</TD>
    <TD>&nbsp;</TD>
    <TD>Represents the number of outstanding shares subject to existing stock options and other
awards plus the number of shares authorized and reserved for future awards under the 2001
Stock Option and Incentive Award Plan, as amended and restated, and the Aaron&#146;s, Inc. Employee
Retirement Plan and Trust, as amended and restated.</TD>
</TR>

<TR style="font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(5)</TD>
    <TD>&nbsp;</TD>
    <TD>A total of $8,378.37 of filing fees was paid with respect to 5,000,000 shares of previously
authorized Common Stock under the 2001 Stock Option and Incentive Award Plan, as amended and
restated, previously registered pursuant to Registration
No.&nbsp;333-160387, initially filed on
July&nbsp;1, 2009. A total of zero shares have been sold, leaving a total of 5,000,000 shares
unsold for which filing fees of $8,378.37 were paid and have not been utilized. Pursuant to
Rule 457(p) of the Securities Act of 1933, such unutilized filing fees are being offset
against the filing fee payable pursuant to this Registration Statement.</TD>
</TR>

<TR style="font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(6)</TD>
    <TD>&nbsp;</TD>
    <TD>Pursuant to Rule 416(c) under the Securities Act of 1933, this Registration Statement covers
an indeterminate amount of interests to be offered or sold pursuant to the Aaron&#146;s, Inc.
Employees Retirement Plan and Trust, as amended and restated.</TD>
</TR>

<TR style="font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(7)</TD>
    <TD>&nbsp;</TD>
    <TD>Not applicable. In accordance with Rule&nbsp;457(h)(2), no separate fee calculation is made for
plan interests.</TD>
</TR>

</TABLE>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I<BR>
INFORMATION REQUIRED IN THIS SECTION 10(a) PROSPECTUS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aaron&#146;s, Inc. (the &#147;Registrant&#148;) files this Registration Statement on Form S-8 in connection
with the conversion of its previously outstanding shares of Common Stock, par value $0.50 per share
(the &#147;Nonvoting Common Stock&#148;) into shares of Class&nbsp;A Common Stock, par value $0.50 per share (the
&#147;Class&nbsp;A Common Stock&#148;), on a one-for-one basis, and the renaming of the Class&nbsp;A Common Stock as
Common Stock (the &#147;Common Stock&#148;). The documents containing the information specified in Part&nbsp;I of
Form S-8 will be sent or given to participants in the 2001 Stock Option and Incentive Award Plan,
as amended and restated (the &#147;Stock Plan&#148;) and the
Aaron&#146;s, Inc. Employees Retirement Plan and
Trust, as amended and restated (the &#147;Retirement Plan&#148; and, together with the Stock Plan, the
&#147;Plans&#148;) as specified by Rule&nbsp;428(b)(1) under the Securities Act of 1933, as amended (the
&#147;Securities Act&#148;). These documents and the documents incorporated by reference herein pursuant to
Item&nbsp;3 of Part&nbsp;II hereof, taken together, constitute a prospectus that meets the requirements of
Section 10(a) of the Securities Act.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II.<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</DIV>


<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;3.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Incorporation of Documents by Reference.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents are hereby incorporated by reference into this Registration Statement:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;The Registrant&#146;s Annual Report on Form 10-K for its fiscal year ended December&nbsp;31, 2009;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;Aaron&#146;s, Inc. Employees Retirement Plan and Trust&#146;s Annual Report on Form 11-K for its
fiscal year ended December&nbsp;31, 2009;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;The Registrant&#146;s Quarterly Reports on Form 10-Q for its quarterly periods ended March&nbsp;31,
2010, June&nbsp;30, 2010, and September&nbsp;30, 2010;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)&nbsp;The Registrant&#146;s Current Reports on Form 8-K filed on May&nbsp;7, 2010, June&nbsp;24, 2010, July&nbsp;6,
2010, July&nbsp;21 2010, September&nbsp;13, 2010 and December&nbsp;10, 2010 (except, in each case, for items in
the preceding reports deemed &#147;furnished&#148; instead of &#147;filed&#148; under the Securities Exchange Act of
1934, as amended (the &#147;Exchange Act&#148;), and exhibits furnished pursuant to those items);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5)&nbsp;All other reports of the Registrant filed pursuant to Section 13(a) or 15(d) of the
Exchange Act since December&nbsp;31, 2009;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6)&nbsp;The description of the Common Stock contained in the Registrant&#146;s Registration Statement
on Form 8-A filed on March&nbsp;10, 1998, as amended on Form 8-A/A dated December&nbsp;10, 2010, amending the
registration of the Registrant&#146;s Common Stock under Section 12(b) of the Exchange Act, including
any other amendments or reports filed for the purpose of updating such description; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7)&nbsp;All other documents subsequently filed by the Registrant and the Retirement Plan pursuant
to Sections&nbsp;13(a), 13(c), 14, and 15(d) of the Exchange Act, prior to the filing of a post-
effective amendment which indicates that all securities offered have been sold or which
deregisters all securities that remain unsold.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained herein or in a document all or a portion of which is incorporated or
deemed to be incorporated by reference herein shall be deemed to be modified or superseded for
purposes of this Registration Statement to the extent that a statement contained herein or in any
other subsequently filed document which also is or is deemed to be incorporated by reference herein
modifies or supersedes such statement. Any such statement so modified or superseded shall not be
deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;4.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Description of Securities.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;5.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Interests of Named Experts and Counsel.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The legality of the Common Stock registered hereby has been passed upon for the Registrant by
Kilpatrick Stockton LLP, Atlanta, Georgia. Members of that law firm own 337 shares of the
Registrant&#146;s Common Stock.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The consolidated financial statements of Aaron&#146;s, Inc. and subsidiaries appearing in Aaron&#146;s,
Inc.&#146;s Annual Report (Form 10-K) for the year ended December&nbsp;31, 2009, and the effectiveness of
Aaron&#146;s, Inc.&#146;s internal control over financial reporting as of December&nbsp;31, 2009 have been audited
by Ernst &#038; Young LLP, independent registered public accounting firm, as set forth in their reports
thereon, included therein, and incorporated herein by reference. Such consolidated financial
statements are incorporated herein by reference in reliance upon such reports given on the
authority of such firm as experts in accounting and auditing.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to the unaudited consolidated interim financial information of Aaron&#146;s, Inc. and
subsidiaries for the three-month periods ended March&nbsp;31, 2010 and 2009, the three-month and
six-month periods ended June&nbsp;30, 2010 and 2009, and the three-month and nine-month periods ended
September&nbsp;30, 2010 and 2009, incorporated by reference in this Prospectus, Ernst &#038; Young LLP
reported that they have applied limited procedures in accordance with professional standards for a
review of such information. However, their separate reports dated May&nbsp;4, 2010, August&nbsp;4, 2010 and
November&nbsp;3, 2010, included in Aaron&#146;s, Inc.&#146;s Quarterly Reports on Forms 10-Q for the quarters
ended March&nbsp;31, 2010, June&nbsp;30, 2010 and September&nbsp;30, 2010, and incorporated by reference herein,
state that they did not audit and they do not express an opinion on that interim financial
information. Accordingly, the degree of reliance on their reports on such information should be
restricted in light of the limited nature of the review procedures applied. Ernst &#038; Young LLP is
not subject to the liability provisions of Section&nbsp;11 of the Securities Act of 1933 (the &#147;Act&#148;) for
their reports on the unaudited interim financial information because those reports are not a
&#147;report&#148; or a &#147;part&#148; of the Registration Statement prepared or certified by Ernst &#038; Young LLP
within the meaning of Sections&nbsp;7 and 11 of the Act.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;6.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Indemnification of Directors and Officers.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As permitted under Georgia law, the Registrant&#146;s Amended and Restated Articles of
Incorporation provide that a director shall not be personally liable to the Registrant or its
shareholders for monetary damages for breach of the duty of care or any other duty owed to the
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Registrant as a director, except that such provision shall not eliminate or limit the
liability of a director (a)&nbsp;for any appropriation, in violation of the director&#146;s duties, of any
business opportunity of the Registrant, (b)&nbsp;for acts or omissions which involve intentional
misconduct or a knowing violation of law, (c)&nbsp;for unlawful corporate distributions, or (d)&nbsp;for any
transaction from which the director received an improper benefit.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Article&nbsp;VII of the Registrant&#146;s Amended and Restated Bylaws, as amended, requires the
indemnification of the Registrant&#146;s officers and directors for any liability and expense incurred
by them in connection with or resulting from any threatened, pending or completed legal action or
other proceeding or investigation by reason of his being or having been an officer or director. An
officer or director may only be indemnified if he acted in good faith and in a manner he reasonably
believed to be in, or not opposed to, the best interest of the Registrant, and, with respect to a
criminal matter, he did not have reasonable cause to believe that his conduct was unlawful. In the
case of an action by or in the right of the Registrant, no officer or director who has been
adjudged liable to the Registrant is entitled to indemnification, unless and except to the extent
that the court reaching such a determination of liability, in view of all the relevant
circumstances, shall also determine that despite such liability, such person is fairly and
reasonably entitled to indemnification for such expenses that the court shall deem proper.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Georgia law, any officer or director who has been wholly successful on the merits or
otherwise in an action or proceeding in his official capacity is entitled to indemnification by the
Registrant as of right. All other determinations that indemnification is permissible shall be made
by either: (i)&nbsp;a majority vote of a quorum of disinterested directors provided there are at least
two disinterested directors; (ii)&nbsp;independent legal counsel selected in accordance with the Georgia
Business Corporation Code and at the request of the Registrant&#146;s board of directors; or (iii)&nbsp;the
holders of a majority of the Registrant&#146;s stock, excluding shares held by an interested director.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event any payments are made to an officer or director by way of indemnity, other than
by court order, action of the shareholders or by an insurance carrier, the Registrant must notify
its shareholders of such payment and all relevant details in a timely manner and in no event later
than 15&nbsp;months after the date of such payment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The provisions of the Registrant&#146;s Amended and Restated Bylaws, as amended, on indemnification
are consistent in all material respects with the laws of the State of Georgia, which authorize
indemnification of corporate officers and directors.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s directors and officers are insured against losses arising from any claim
against them as such for wrongful acts or omissions, subject to certain limitations.
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;7.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Exemption from Registration Claimed.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;8.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Exhibits.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The exhibits included as part of this Registration Statement are as follows:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><u>Exhibit Number</u></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><u>Description</u></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Kilpatrick Stockton LLP, counsel to the Registrant</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Pursuant to Item&nbsp;8(b) of Form&nbsp;S-8, in lieu of an Internal Revenue Service (&#147;IRS&#148;)
determination letter that the Plans are qualified under Section&nbsp;401 of the Internal Revenue
Code, the Company hereby undertakes that it will submit or has submitted the Plans and any
amendments thereto to the IRS in a timely manner and has made or will make all changes
required by the IRS in order to qualify the Plans</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">15
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Letter re: Unaudited interim financial information</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Kilpatrick Stockton LLP (included in Exhibit&nbsp;5.1)</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Independent Registered Public Accounting Firm</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2001 Stock Option and Incentive Award Plan, as amended and restated (filed as Exhibit&nbsp;10.1 to
the Registrant&#146;s Current Report on Form&nbsp;8-K filed with the Securities and Exchange Commission
on April&nbsp;10, 2009, which exhibit is by this reference incorporated herein)</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Narrative Description of Amendment to the 2001 Stock Option and Incentive Award Plan, as
amended and restated</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Aaron&#146;s, Inc. Employees Retirement Plan and Trust, as amended and restated</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left"><B>Item&nbsp;9.</B></TD>
    <TD>&nbsp;</TD>
    <TD><B>Undertakings.</B></TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned Registrant hereby undertakes:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;to file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to include any prospectus required by section 10(a)(3) of the Securities Act;
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to reflect in the prospectus any facts or events arising after the effective date of the
Registration Statement (or the most recent post-effective amendment thereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than 20% change in the maximum aggregate offering
price set forth in the &#147;Calculation of Registration Fee&#148; table in the effective registration
statement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) to include any material information with respect to the plan of distribution not
previously disclosed in the Registration Statement or any material change to such information in
the Registration Statement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;provided however, that Paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the
information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Securities and Exchange Commission by the Registrant
pursuant to section 13 or section 15(d) of the Exchange Act that are incorporated by reference in
the Registration Statement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to
section 13(a) or section 15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan&#146;s annual report pursuant to section 15(d) of the Exchange Act) that is
incorporated by reference in the Registration Statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses incurred or paid by
a director, officer or controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Atlanta, State of Georgia, on December&nbsp;10, 2010.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>AARON&#146;S, INC.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Gilbert L. Danielson
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Gilbert L. Danielson&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Executive Vice President,<BR>
Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
been signed by the following persons in the capacities indicated on December&nbsp;10, 2010.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="42%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="53%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><U>Signature</U></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><U>Position</U></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="padding-top: 1em">

    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
R. Charles Loudermilk, Sr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chairman of the Board of Directors</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Robert C. Loudermilk, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chief Executive Officer (Principal<BR>
Executive Officer), President and<BR>
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Gilbert L. Danielson</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Executive Vice President, Chief<BR>
Financial Officer and Director<BR>
(Principal Financial Officer)</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Robert P. Sinclair, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Vice President, Corporate<BR>
Controller (Principal Accounting<BR>
Officer)</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
William K. Butler, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chief Operating Officer and Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Ronald W. Allen</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="42%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="53%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><U>Signature</U></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><U>Position</U></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Leo Benatar</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
David L. Kolb</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
John C. Portman, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Ray M. Robinson</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">*
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
John Schuerholz</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="1%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD valign="top">*By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Gilbert L. Danielson
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>

    <TD colspan="2" align="left">Gilbert L. Danielson&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>

    <TD colspan="2" align="left"><I>Attorney-in-Fact</I><BR>
(Pursuant to a Power of Attorney)&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the trustees (or other persons who
administer the employee benefit plan) have duly caused this Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the City of Atlanta, State of Georgia,
on December&nbsp;10, 2010.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>AARON&#146;S, INC. EMPLOYEES RETIREMENT <BR>PLAN AND TRUST, AS AMENDED AND RESTATED</B><BR>
<BR>
<BR>
By: The Aaron&#146;s, Inc. Employee Benefits <BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Committee, as Plan Administrator<BR><BR> &nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">/s/ James L. Cates
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">James L. Cates, member of the Aaron&#146;s, Inc. &nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Employee Benefits Committee&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">                                               /s/ Gilbert L. Danielson
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Gilbert L. Danielson, member of the Aaron&#146;s, Inc.&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Employee Benefits Committee&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">                                               /s/ Elizabeth L. Gibbs
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Elizabeth L. Gibbs, member of the Aaron&#146;s, Inc.&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Employee Benefits Committee&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left"><U>Exhibit Number</U></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><U>Description</U></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Kilpatrick Stockton LLP, counsel to the Registrant</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Pursuant to Item&nbsp;8(b) of Form&nbsp;S-8, in lieu of an Internal Revenue Service (&#147;IRS&#148;)
determination letter that the Plans are qualified under Section&nbsp;401 of the Internal Revenue
Code, the Company hereby undertakes that it will submit or has submitted the Plans and any
amendments thereto to the IRS in a timely manner and has made or will make all changes
required by the IRS in order to qualify the Plans</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">15
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Letter re: Unaudited interim financial statements</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Kilpatrick Stockton LLP (included in Exhibit&nbsp;5.1)</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Independent Registered Public Accounting Firm</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2001 Stock Option and Incentive Award Plan, as amended and restated (filed as Exhibit&nbsp;10.1 to
the Registrant&#146;s Current Report on Form&nbsp;8-K filed with the Securities and Exchange Commission
on April&nbsp;10, 2009, which exhibit is by this reference incorporated herein)</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Narrative Description of Amendment to the 2001 Stock Option and Incentive Award Plan, as
amended and restated</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Aaron&#146;s, Inc. Employees Retirement Plan and Trust, as amended and restated</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "g25482csv8.htm", "description": "FORM S-8", "secsgml_size_bytes": 61249}]
{"company-data": {"conformed-name": "AARON'S INC", "cik": "0000706688", "assigned-sic": "7359", "irs-number": "580687630", "state-of-incorporation": "GA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-171113", "film-number": "101245453"}, "business-address": {"street1": "309 E. PACES FERRY ROAD, N.E.", "street2": "(NONE)", "city": "ATLANTA", "state": "GA", "zip": "30305-2377", "phone": "404-231-0011"}, "mail-address": {"street1": "309 E. PACES FERRY ROAD, N.E.", "street2": "(NONE)", "city": "ATLANTA", "state": "GA", "zip": "30305-2377"}, "former-company": {"former-conformed-name": "AARON RENTS INC", "date-changed": "19920703"}}
sv8
As filed with the Securities and Exchange Commission on December 10, 2010.
File No. 333-___
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
____________________
AARON'S, INC.
(Exact name of registrant as specified in its charter)
Georgia
58-0687630
(State or other Jurisdiction of Incorporation)
(IRS Employer
Identification No.)
309 E. Paces Ferry Road, N.E.
Atlanta, Georgia
30305-2377
(Address of principal executive offices)
(Zip code)
2001 Stock Option and Incentive Award Plan, as Amended and Restated
Aaron's, Inc. Employees Retirement Plan and Trust, as Amended and Restated
(Full title of the plan)
Mr. Gilbert L. Danielson
Copies to:
Aaron's, Inc.
309 E. Paces Ferry Road, N.E.
Atlanta, Georgia 30305
(Name and address of agent for service)
David M. Eaton
Kilpatrick Stockton LLP
1100 Peachtree Street, N.E., Suite 2800
Atlanta, Georgia 30309
(404) 815-6500
(404) 231-0011
(Telephone number, including area code,
of agent for service)
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated
filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large
accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the
Exchange Act. (Check one):
Large Accelerated Filer
þ
Accelerated Filer
o
Non-Accelerated Filer
o
(Do not check if a smaller reporting company)
Smaller Reporting Company
o
Calculation of Registration Fee
Proposed Maximum
Proposed Maximum
Title of Securities
Amount to
Offering Price
Aggregate
Amount of
to be Registered
be Registered
(2)
Per Share
(3)
Offering Price
(3)
Registration Fee
(3)
Common Stock, Par
Value, $0.50 Per
Share (1)
2001 Stock
Option
and
Incentive
Award
Plan,
as amended
and
restated
14,966,112 shares (4)
$
18.6582
$
279,240,710.92
$
11,531.49
(5)
Aaron's, Inc.
Employees
Retirement
Plan and
Trust, as
amended and
restated
500,000 shares (4)
$20.87
$10,435,000.00
$744.02
Participations in
the Aaron's, Inc.
Employees
Retirement Plan and
Trust, as amended
and restated
(6
)
(7)
(7)
(7)
(1)
Previously known as the Class A Common Stock, par value $0.50 per share.
(2)
Pursuant to Rule 416(a) of the Securities Act of 1933, this Registration Statement shall be
deemed to cover any additional shares of Common Stock of the Registrant to be offered or
issued from stock splits, stock dividends or similar transactions.
(3)
Determined in accordance with Rules 457(c) and 457(h) under the Securities Act of 1933, based
on (a) with respect to 3,822,986 shares, $12.2114, the weighted average of the exercise price
for certain outstanding stock options and other awards granted under the 2001 Stock Option and
Incentive Award Plan, as amended and restated, and (b) with respect to the remaining
11,643,126 shares, $20.87, the average of the high and low prices of the Class A Common Stock
(now known as Common Stock) on the New York Stock Exchange on December 7, 2010.
(4)
Represents the number of outstanding shares subject to existing stock options and other
awards plus the number of shares authorized and reserved for future awards under the 2001
Stock Option and Incentive Award Plan, as amended and restated, and the Aaron's, Inc. Employee
Retirement Plan and Trust, as amended and restated.
(5)
A total of $8,378.37 of filing fees was paid with respect to 5,000,000 shares of previously
authorized Common Stock under the 2001 Stock Option and Incentive Award Plan, as amended and
restated, previously registered pursuant to Registration
No. 333-160387, initially filed on
July 1, 2009. A total of zero shares have been sold, leaving a total of 5,000,000 shares
unsold for which filing fees of $8,378.37 were paid and have not been utilized. Pursuant to
Rule 457(p) of the Securities Act of 1933, such unutilized filing fees are being offset
against the filing fee payable pursuant to this Registration Statement.
(6)
Pursuant to Rule 416(c) under the Securities Act of 1933, this Registration Statement covers
an indeterminate amount of interests to be offered or sold pursuant to the Aaron's, Inc.
Employees Retirement Plan and Trust, as amended and restated.
(7)
Not applicable. In accordance with Rule 457(h)(2), no separate fee calculation is made for
plan interests.
PART I
INFORMATION REQUIRED IN THIS SECTION 10(a) PROSPECTUS
Aaron's, Inc. (the "Registrant") files this Registration Statement on Form S-8 in connection
with the conversion of its previously outstanding shares of Common Stock, par value $0.50 per share
(the "Nonvoting Common Stock") into shares of Class A Common Stock, par value $0.50 per share (the
"Class A Common Stock"), on a one-for-one basis, and the renaming of the Class A Common Stock as
Common Stock (the "Common Stock"). The documents containing the information specified in Part I of
Form S-8 will be sent or given to participants in the 2001 Stock Option and Incentive Award Plan,
as amended and restated (the "Stock Plan") and the
Aaron's, Inc. Employees Retirement Plan and
Trust, as amended and restated (the "Retirement Plan" and, together with the Stock Plan, the
"Plans") as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended (the
"Securities Act"). These documents and the documents incorporated by reference herein pursuant to
Item 3 of Part II hereof, taken together, constitute a prospectus that meets the requirements of
Section 10(a) of the Securities Act.
PART II.
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
The following documents are hereby incorporated by reference into this Registration Statement:
(1) The Registrant's Annual Report on Form 10-K for its fiscal year ended December 31, 2009;
(2) Aaron's, Inc. Employees Retirement Plan and Trust's Annual Report on Form 11-K for its
fiscal year ended December 31, 2009;
(3) The Registrant's Quarterly Reports on Form 10-Q for its quarterly periods ended March 31,
2010, June 30, 2010, and September 30, 2010;
(4) The Registrant's Current Reports on Form 8-K filed on May 7, 2010, June 24, 2010, July 6,
2010, July 21 2010, September 13, 2010 and December 10, 2010 (except, in each case, for items in
the preceding reports deemed "furnished" instead of "filed" under the Securities Exchange Act of
1934, as amended (the "Exchange Act"), and exhibits furnished pursuant to those items);
(5) All other reports of the Registrant filed pursuant to Section 13(a) or 15(d) of the
Exchange Act since December 31, 2009;
(6) The description of the Common Stock contained in the Registrant's Registration Statement
on Form 8-A filed on March 10, 1998, as amended on Form 8-A/A dated December 10, 2010, amending the
registration of the Registrant's Common Stock under Section 12(b) of the Exchange Act, including
any other amendments or reports filed for the purpose of updating such description; and
(7) All other documents subsequently filed by the Registrant and the Retirement Plan pursuant
to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act, prior to the filing of a post-
effective amendment which indicates that all securities offered have been sold or which
deregisters all securities that remain unsold.
Any statement contained herein or in a document all or a portion of which is incorporated or
deemed to be incorporated by reference herein shall be deemed to be modified or superseded for
purposes of this Registration Statement to the extent that a statement contained herein or in any
other subsequently filed document which also is or is deemed to be incorporated by reference herein
modifies or supersedes such statement. Any such statement so modified or superseded shall not be
deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4.
Description of Securities.
Not applicable.
Item 5.
Interests of Named Experts and Counsel.
The legality of the Common Stock registered hereby has been passed upon for the Registrant by
Kilpatrick Stockton LLP, Atlanta, Georgia. Members of that law firm own 337 shares of the
Registrant's Common Stock.
The consolidated financial statements of Aaron's, Inc. and subsidiaries appearing in Aaron's,
Inc.'s Annual Report (Form 10-K) for the year ended December 31, 2009, and the effectiveness of
Aaron's, Inc.'s internal control over financial reporting as of December 31, 2009 have been audited
by Ernst & Young LLP, independent registered public accounting firm, as set forth in their reports
thereon, included therein, and incorporated herein by reference. Such consolidated financial
statements are incorporated herein by reference in reliance upon such reports given on the
authority of such firm as experts in accounting and auditing.
With respect to the unaudited consolidated interim financial information of Aaron's, Inc. and
subsidiaries for the three-month periods ended March 31, 2010 and 2009, the three-month and
six-month periods ended June 30, 2010 and 2009, and the three-month and nine-month periods ended
September 30, 2010 and 2009, incorporated by reference in this Prospectus, Ernst & Young LLP
reported that they have applied limited procedures in accordance with professional standards for a
review of such information. However, their separate reports dated May 4, 2010, August 4, 2010 and
November 3, 2010, included in Aaron's, Inc.'s Quarterly Reports on Forms 10-Q for the quarters
ended March 31, 2010, June 30, 2010 and September 30, 2010, and incorporated by reference herein,
state that they did not audit and they do not express an opinion on that interim financial
information. Accordingly, the degree of reliance on their reports on such information should be
restricted in light of the limited nature of the review procedures applied. Ernst & Young LLP is
not subject to the liability provisions of Section 11 of the Securities Act of 1933 (the "Act") for
their reports on the unaudited interim financial information because those reports are not a
"report" or a "part" of the Registration Statement prepared or certified by Ernst & Young LLP
within the meaning of Sections 7 and 11 of the Act.
Item 6.
Indemnification of Directors and Officers.
As permitted under Georgia law, the Registrant's Amended and Restated Articles of
Incorporation provide that a director shall not be personally liable to the Registrant or its
shareholders for monetary damages for breach of the duty of care or any other duty owed to the
Registrant as a director, except that such provision shall not eliminate or limit the
liability of a director (a) for any appropriation, in violation of the director's duties, of any
business opportunity of the Registrant, (b) for acts or omissions which involve intentional
misconduct or a knowing violation of law, (c) for unlawful corporate distributions, or (d) for any
transaction from which the director received an improper benefit.
Article VII of the Registrant's Amended and Restated Bylaws, as amended, requires the
indemnification of the Registrant's officers and directors for any liability and expense incurred
by them in connection with or resulting from any threatened, pending or completed legal action or
other proceeding or investigation by reason of his being or having been an officer or director. An
officer or director may only be indemnified if he acted in good faith and in a manner he reasonably
believed to be in, or not opposed to, the best interest of the Registrant, and, with respect to a
criminal matter, he did not have reasonable cause to believe that his conduct was unlawful. In the
case of an action by or in the right of the Registrant, no officer or director who has been
adjudged liable to the Registrant is entitled to indemnification, unless and except to the extent
that the court reaching such a determination of liability, in view of all the relevant
circumstances, shall also determine that despite such liability, such person is fairly and
reasonably entitled to indemnification for such expenses that the court shall deem proper.
Under Georgia law, any officer or director who has been wholly successful on the merits or
otherwise in an action or proceeding in his official capacity is entitled to indemnification by the
Registrant as of right. All other determinations that indemnification is permissible shall be made
by either: (i) a majority vote of a quorum of disinterested directors provided there are at least
two disinterested directors; (ii) independent legal counsel selected in accordance with the Georgia
Business Corporation Code and at the request of the Registrant's board of directors; or (iii) the
holders of a majority of the Registrant's stock, excluding shares held by an interested director.
In the event any payments are made to an officer or director by way of indemnity, other than
by court order, action of the shareholders or by an insurance carrier, the Registrant must notify
its shareholders of such payment and all relevant details in a timely manner and in no event later
than 15 months after the date of such payment.
The provisions of the Registrant's Amended and Restated Bylaws, as amended, on indemnification
are consistent in all material respects with the laws of the State of Georgia, which authorize
indemnification of corporate officers and directors.
The Registrant's directors and officers are insured against losses arising from any claim
against them as such for wrongful acts or omissions, subject to certain limitations.
Item 7.
Exemption from Registration Claimed.
Not applicable.
Item 8.
Exhibits.
The exhibits included as part of this Registration Statement are as follows:
Exhibit Number
Description
5.1
Opinion of Kilpatrick Stockton LLP, counsel to the Registrant
5.2
Pursuant to Item 8(b) of Form S-8, in lieu of an Internal Revenue Service ("IRS")
determination letter that the Plans are qualified under Section 401 of the Internal Revenue
Code, the Company hereby undertakes that it will submit or has submitted the Plans and any
amendments thereto to the IRS in a timely manner and has made or will make all changes
required by the IRS in order to qualify the Plans
15
Letter re: Unaudited interim financial information
23.1
Consent of Kilpatrick Stockton LLP (included in Exhibit 5.1)
23.2
Consent of Independent Registered Public Accounting Firm
24
Power of Attorney
99.1
2001 Stock Option and Incentive Award Plan, as amended and restated (filed as Exhibit 10.1 to
the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission
on April 10, 2009, which exhibit is by this reference incorporated herein)
99.2
Narrative Description of Amendment to the 2001 Stock Option and Incentive Award Plan, as
amended and restated
99.3
Aaron's, Inc. Employees Retirement Plan and Trust, as amended and restated
Item 9.
Undertakings.
(a) The undersigned Registrant hereby undertakes:
(1) to file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
(i) to include any prospectus required by section 10(a)(3) of the Securities Act;
(ii) to reflect in the prospectus any facts or events arising after the effective date of the
Registration Statement (or the most recent post-effective amendment thereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than 20% change in the maximum aggregate offering
price set forth in the "Calculation of Registration Fee" table in the effective registration
statement;
(iii) to include any material information with respect to the plan of distribution not
previously disclosed in the Registration Statement or any material change to such information in
the Registration Statement;
provided however, that Paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the
information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Securities and Exchange Commission by the Registrant
pursuant to section 13 or section 15(d) of the Exchange Act that are incorporated by reference in
the Registration Statement.
(2) That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(b) The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Registrant's annual report pursuant to
section 13(a) or section 15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to section 15(d) of the Exchange Act) that is
incorporated by reference in the Registration Statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses incurred or paid by
a director, officer or controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Atlanta, State of Georgia, on December 10, 2010.
AARON'S, INC.
By:
/s/ Gilbert L. Danielson
Gilbert L. Danielson
Executive Vice President,
Chief Financial Officer
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
been signed by the following persons in the capacities indicated on December 10, 2010.
Signature
Position
*
R. Charles Loudermilk, Sr.
Chairman of the Board of Directors
*
Robert C. Loudermilk, Jr.
Chief Executive Officer (Principal
Executive Officer), President and
Director
*
Gilbert L. Danielson
Executive Vice President, Chief
Financial Officer and Director
(Principal Financial Officer)
*
Robert P. Sinclair, Jr.
Vice President, Corporate
Controller (Principal Accounting
Officer)
*
William K. Butler, Jr.
Chief Operating Officer and Director
*
Ronald W. Allen
Director
Signature
Position
*
Leo Benatar
Director
*
David L. Kolb
Director
*
John C. Portman, Jr.
Director
*
Ray M. Robinson
Director
*
John Schuerholz
Director
*By:
/s/ Gilbert L. Danielson
Gilbert L. Danielson
Attorney-in-Fact
(Pursuant to a Power of Attorney)
Pursuant to the requirements of the Securities Act of 1933, the trustees (or other persons who
administer the employee benefit plan) have duly caused this Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the City of Atlanta, State of Georgia,
on December 10, 2010.
AARON'S, INC. EMPLOYEES RETIREMENT
PLAN AND TRUST, AS AMENDED AND RESTATED
By: The Aaron's, Inc. Employee Benefits
Committee, as Plan Administrator
/s/ James L. Cates
James L. Cates, member of the Aaron's, Inc.
Employee Benefits Committee
/s/ Gilbert L. Danielson
Gilbert L. Danielson, member of the Aaron's, Inc.
Employee Benefits Committee
/s/ Elizabeth L. Gibbs
Elizabeth L. Gibbs, member of the Aaron's, Inc.
Employee Benefits Committee
EXHIBIT INDEX
Exhibit Number
Description
5.1
Opinion of Kilpatrick Stockton LLP, counsel to the Registrant
5.2
Pursuant to Item 8(b) of Form S-8, in lieu of an Internal Revenue Service ("IRS")
determination letter that the Plans are qualified under Section 401 of the Internal Revenue
Code, the Company hereby undertakes that it will submit or has submitted the Plans and any
amendments thereto to the IRS in a timely manner and has made or will make all changes
required by the IRS in order to qualify the Plans
15
Letter re: Unaudited interim financial statements
23.1
Consent of Kilpatrick Stockton LLP (included in Exhibit 5.1)
23.2
Consent of Independent Registered Public Accounting Firm
24
Power of Attorney
99.1
2001 Stock Option and Incentive Award Plan, as amended and restated (filed as Exhibit 10.1 to
the Registrant's Current Report on Form 8-K filed with the Securities and Exchange Commission
on April 10, 2009, which exhibit is by this reference incorporated herein)
99.2
Narrative Description of Amendment to the 2001 Stock Option and Incentive Award Plan, as
amended and restated
99.3
Aaron's, Inc. Employees Retirement Plan and Trust, as amended and restated