Item 1.01 Entry into a Material Definitive Agreement.

On October 14, 2009, Crocs, Inc. (the "Company") its subsidiaries, Crocs Retail, Inc., Crocs Online, Inc., Ocean Minded, Inc., Jibbitz, LLC and Bite, Inc. (collectively with the Company, the "Borrowers"), and PNC Bank, National Association ("Bank"), entered into First Amendment to Revolving Credit and Security Agreement (the "Amendment") to clarify the intentions and understandings of the parties with respect to the tangible net worth financial covenant contained in the Revolving Credit and Security Agreement dated September 25, 2009 (the "Credit Agreement"). The Amendment decreases the Borrowers' minimum tangible net worth requirement from $266 million to $205 million, measured at the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2009.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

10.1 First Amendment to Revolving Credit and Security Agreement, dated October 14, 2009, by and among Crocs, Inc., Crocs Retail, Inc., Crocs Online, Inc., Ocean Minded, Inc., Jibbitz LLC, Bite, Inc. and PNC Bank, National Association.