Item 1.01 Entry into a Material Definitive Agreement.
On November 6, 2008, Proliance International, Inc. (the "Company") entered into the Tenth Amendment (the "Tenth Amendment") of the Credit and Guaranty Agreement (as amended prior to November 6, 2008, the "Agreement") by and among the Company and certain domestic subsidiaries of the Company, as guarantors, the lenders party thereto from time to time (collectively, the "Lenders"), Silver Point Finance, LLC ("Silver Point"), as administrative agent for the Lenders, collateral agent and as lead arranger, and Wells Fargo Foothill, LLC ("Wells Fargo"), as a lender and borrowing base agent for the Lenders.
Pursuant to the Tenth Amendment, and upon the terms and subject to the conditions thereof, the reduction of the Southaven Insurance Proceeds Reserve from $5,000,000 to $2,500,000 contained in Section 2.23 of the Agreement, has been extended from November 7, 2008 to November 14, 2008.
The foregoing description of the Tenth Amendment does not purport to be complete and is qualified in its entirety by reference to the Tenth Amendment, a copy of which is filed as Exhibit 10.1 hereto, and incorporated herein by reference.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

Item 1.01 of this Current Report on Form 8-K is hereby incorporated by
reference.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

The following exhibit is attached to this Current Report on Form 8-K:

Exhibit Number Description 10.1 Tenth Amendment to Credit Agreement dated November 6, 2008.

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