Item 1.01. Entry into a Material Agreement.
The information disclosed under Item 2.03 of this current report is incorporated herein by reference.
Item 2.03. Creation of a Direct Financial Obligation.
On August 25, 2008, Hansen Medical, Inc. ("Hansen Medical") entered into a $25 million loan and security agreement (the "Agreement") with Silicon Valley Bank, consisting of a $15 million term equipment loan due in installments from April 2009 through September 2012 bearing annual interest equal to the U.S. Treasury note yield to maturity plus 3.5%, and a one-year $10 million revolving credit line, bearing interest at a floating per annum rate equal to the Prime Rate plus 1%. The loans are collateralized by all of Hansen Medical's assets, excluding intellectual property. The agreement is subject to certain covenants and reporting requirements.
A copy of the Agreement is filed as Exhibit 10.29 to this current report and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. Exhibit No. Description 10.29 Loan and Security Agreement by and among Hansen Medical, Inc. and Silicon Valley Bank, dated August 25, 2008.

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