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CNMD > SEC Filings for CNMD > Form 8-K on 30-Oct-2009All Recent SEC Filings

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Form 8-K for CONMED CORP


30-Oct-2009

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry into a Material Definitive Agreement; Item 2.03 Creation of a
Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On October 30, 2009, CONMED Corporation (the "Registrant") and its subsidiary, CONMED Receivables Corporation, entered into the fifth amendment (the "Amendment to the Amended and Restated Receivables Purchase Agreement") dated as of October 23, 2003 among CONMED Receivables Corporation, the Registrant and Bank of America, N.A., which is Exhibit 10.22 to the Company's Annual Report on Form 10-K for the year ended December 31, 2008. The Amendment, among other matters,
(1) decreased the purchaser commitment from $50.0 million to $40.0 million and
(2) extended the commitment termination date for the receivables securitization from October 31, 2009 until October 29, 2010.

Bank of America, N.A., as the purchaser under the Receivables Purchase Agreement, and its affiliates, have in the past provided, and may in the future provide, investment banking, underwriting, lending, commercial banking and other advisory services to the Registrant and its subsidiaries. Bank of America, N.A. has received, and may in the future receive, customary compensation from the Registrant and its subsidiaries for such services.

The foregoing description of the Receivables Purchase Agreement and related matters is qualified in its entirety by reference to the Receivables Purchase Agreement, which will be filed as Exhibit 10.1 hereto and incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

The following exhibit is included herewith:

Exhibit No. Description of Exhibit

10.1 Omnibus Amendment No. 5 to the Amended and Restated Receivables Purchase Agreement dated October 30, 2009.

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