On June 26, 2012, The Dixie Group, Inc. (the "Company") amended and modified an outstanding financing arrangement with General Electric Credit Corporation ("GE") originally entered into effective August 21, 2009, by extending the term of the arrangement to 60 months, beginning July 1, 2012, and restating the capitalized cost financed pursuant to the arrangement to the then current balance due of $2,825,697.64. Simultaneously with the amendment and modification, GE released $809,026 of funds formerly deposited as security by the company with GE, and returned a letter of credit in the principal amount of $768,722.
The original financing arrangement was reported by the Company on a current Form 8-K filed August 25, 2009.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
(10.1) Modification Agreement, dated June 26, 2012.

(10.2)                   Agreement to Reduce Security Deposit Amount and
                         Amendment to Security Deposit Pledge Agreement, dated
                         June 26, 2012.