Item 1.01 Entry Into a Material Definitive Agreement
On February 5, 2009, Navarre Corporation, together with its subsidiary companies (collectively, the "Company"), entered into a Limited Waiver and Fifth Amendment to Fourth Amended and Restated Credit Agreement with General Electric Capital Corporation (the "Fifth Amendment"). The Fifth Amendment was filed concurrent with the Company's quarterly report on Form 10-Q on February 9, 2009. The Fifth Amendment erroneously stated that borrowings under the facility would be subject to interest charges at the index rate plus 5.75%, or LIBOR plus 4.75%. Accordingly, on February 17, 2009, the Company entered into a Sixth Amendment to Fourth Amended and Restated Credit Agreement with General Electric Capital Corporation (the "Sixth Amendment"). The Sixth Amendment corrected this error to state that borrowings under the facility are subject to interest charges at the index rate plus 3.75%, or LIBOR plus 4.75%. The Sixth Amendment is effective as of February 5, 2009.
The discussion herein regarding the Fifth Amendment is qualified in its entirety by reference to the Limited Waiver and Fifth Amendment to Fourth Amended and Restated Credit Agreement by and among the Company and General Electric Capital Corporation; and the discussion herein regarding the Sixth Amendment is qualified in its entirety by reference to the Sixth Amendment to Fourth Amended and Restated Credit Agreement by and among the Company and General Electric Capital Corporation, attached hereto as Exhibit 10.1. Item 9.01. Financial Statements and Exhibits
(d) Exhibits:

Exhibit 10.1 Sixth Amendment to Amended and Restated Credit Agreement by and among Navarre Corporation, together with its subsidiaries, and General Electric Capital Corporation dated effective as of February 5, 2009

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