Item 1.01. Entry into a Material Definitive Agreement.

On December 24, 2008, Concurrent Computer Corporation, a Delaware corporation (the "Company" or the "Registrant"), entered into a Third Amendment to Amended and Restated Loan and Security Agreement (the "Amendment") with Silicon Valley Bank (the "Bank"), which amends certain terms of the existing Amended and Restated Loan and Security Agreement (the "Credit Agreement"). The Amendment extends the maturity date of the Credit Agreement from July 1, 2009 under the previous terms, to December 31, 2010. The Amendment also creates a minimum interest rate so that interest on outstanding principle is calculated as prime plus 0.50% whereby, for purposes of this Amendment, "prime" is the greater of (a) Bank's most recently announced "prime" rate," and (b) 4.00%.

All other terms of the existing Credit Agreement shall remain the same, whereby the Bank provides for a $10,000,000 revolving credit line with a borrowing base dependent upon the Company's outstanding accounts receivable (the "Revolver") and is secured by substantially all of the assets of the Company. In addition, the Credit Agreement contains certain financial covenants, in addition to the minimum tangible net worth, and customary restrictive covenants concerning the Company's operations.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The contents of Item 1.01 of this Current Report on Form 8-K are incorporated into this Item 2.03 by reference.

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits

The following exhibit is filed herewith:

Exhibit No. Description

99.1 Third Amendment to Amended and Restated Loan and Security Agreement dated December 24, 2008.

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