Item 1.01 Entry into a Material Definitive Agreement.

On March 5, 2009, Micronetics, Inc. entered into an amendment to its credit facility with RBS Citizens National Association, successor by merger to Citizens Bank New Hampshire (the "Bank"). The amendment revised the calculations of Net Income and EBITDA in the Commercial Loan Agreement to specifically exclude non-cash charges to goodwill and intangible assets for the fiscal quarters ending December 31, 2008 through September 30, 2009 and the fiscal years ending March 31, 2009 and March 31, 2010.

The amendment also amended the Bank's consent to Micronetics' stock repurchase plan to remove the 500,000 share limitation.

A copy of the amendment is attached as Exhibit 10.1 to this Current Report on Form 8-K. The foregoing description of the amendment does not purport to be complete and is qualified in its entirety by reference to the full text of such amendment, which is incorporated herein by reference to the exhibits attached hereto.

Item 9.01 Financial Statements and Exhibits.

Exhibit No. Exhibit Description 10.1 Amendment to Commercial Loan Agreement and Loan Documents, by and between, Micronetics, Inc., Microwave & Video Systems, Inc., Microwave Concepts, Inc., Stealth Microwave, Inc., MICA Microwave Corporation and RBS Citizens National Association (successor by merger to Citizens Bank New Hampshire), dated March 5, 2009.

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