ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On January 30, 2013, Banc of America Leasing & Capital, LLC (the "Lender") and KVH Industries, Inc. (the "Borrower") entered into a Master Loan and Security Agreement (the "Agreement") which sets forth the terms and conditions for the financing of Equipment between the Lender and the Borrower pursuant to an Equipment Security Note (the "Equipment Note") in the amount of $4,670,476. The term of the Equipment Note is from January 30, 2013 until January 30, 2018 (the "Term"). During the term, interest shall accrue on the entire principal amount of the Equipment Note outstanding from time to time at a fixed rate of 2.76% per annum or, if less, the highest rate of interest permitted by applicable law, from January 30, 2013 until the principal amount of the Equipment Note is paid in full.
The foregoing descriptions of the Agreement and the Equipment Note are qualified in their entirety by reference to the Agreement and the Equipment Note filed as Exhibits 10.1 and 10.2, respectively, to this Report on Form 8-K and incorporated by reference herein.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d)Exhibits Exhibit No. Description
10.1 Master Loan and Security Agreement, dated as of January 30, 2013 by and between Banc of America Leasing & Capital, LLC (the "Lender") and KVH Industries, Inc. (the "Borrower").
10.2 Equipment Security Note, dated as of January 30, 2013 by and between Banc of America Leasing & Capital, LLC (the "Lender") and KVH Industries, Inc. (the "Borrower").

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