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PMRY > SEC Filings for PMRY > Form 8-K on 21-Oct-2009All Recent SEC Filings

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Form 8-K for POMEROY IT SOLUTIONS INC


21-Oct-2009

Entry into a Material Definitive Agreement, Creation of a Direct Financi


Item 1.01 Entry Into A Material Definitive Agreement.

Information set forth under Item 2.03 of this Current Report on Form 8-K is 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.

On October 16, 2009, Pomeroy IT Solutions, Inc. ("Company") and its wholly owned subsidiaries amended the Company's credit facility with GE Commercial Distribution Finance Corporation ("GECDF") by entering into Amendment No. 9 to Amended and Restated Credit Facilities Agreement dated as of June 25, 2004, as amended by Amendment No. 1 (with Waiver) to Amended and Restated Credit Facilities Agreement dated as of March 31, 2006, as amended by Amendment No. 2 (with Waiver) to Amended and Restated Credit Facilities Agreement dated as of April 13, 2006, as amended by Amendment No. 3 (with Waiver) to Amended and Restated Credit Facilities Agreement dated as of June 23, 2006, as amended by Amendment No. 4 to Amended and Restated Credit Facilities Agreement dated as of June 25, 2007, and as amended by Amendment No. 5 (with Waiver) to Amended and Restated Credit Facilities Agreement dated as of April 15, 2008, as amended by Amendment No. 6 to Amended and Restated Credit Facilities Agreement dated as of June 25, 2008, as amended by Amendment No. 7 to Amended and Restated Credit Facilities Agreement dated November 14, 2008, as amended by Amendment No. 8 to Amended and Restated Credit Facilities Agreement dates as of June 24, 2009, as further amended or modified from time to time (the "Loan Agreement"). The Amendment No. 9 is effective as of October 16, 2009.

The primary provision of Amendment No. 9 is to extend the Maturity Date for all Commitments from October 30, 2009 to January 4, 2010.

The foregoing summary is qualified in its entirety by reference to the text of the Amendment No. 9, which is filed as an exhibit and is incorporated herein by reference.

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