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| CARB > SEC Filings for CARB > Form 8-K on 19-Sep-2012 | All Recent SEC Filings |
19-Sep-2012
Entry into a Material Definitive Agreement
On September 19, 2012, Carbonite, Inc. (the "Company") entered into a First Amendment to Loan and Security Agreement, dated as of August 30, 2012, with Comerica Bank (the "Amendment"), which amends the Company's existing Loan and Security Agreement, dated as of May 11, 2011, with Comerica Bank (the "Original Agreement"). The Amendment (i) extends the term during which the Company may borrow under the revolving line of credit contemplated by the Original Agreement (the "Revolver") through August 30, 2013 and (ii) increases the maximum amount that the Company may borrow under the Revolver to $25,000,000.
The foregoing description of the Amendment is summary in nature and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference
Item 9.01 Exhibits.
(d) Exhibits.
10.1 First Amendment to Loan and Security Agreement, dated as of August 30, 2012, by and between Comerica Bank and Carbonite, Inc.
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