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KOOL > SEC Filings for KOOL > Form 8-K on 1-Aug-2013All Recent SEC Filings

Show all filings for THERMOGENESIS CORP

Form 8-K for THERMOGENESIS CORP


1-Aug-2013

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry into a Material Definitive Agreement.

On July 26, 2013, ThermoGenesis Corp. (the "Company") and CBR Systems, Inc. ("CBR") entered into an extension addendum (the "Addendum") to the License and Escrow Agreement dated June 15, 2010, as amended on February 6, 2013, to amend and reduce one of its financial covenants, as more fully set forth in section one of the Addendum, that the Company must meet in order to avoid an event of default.

CBR is a significant customer of the Company and has continuously purchased AXP products through the Company's distribution partner, GE Healthcare, and was an early adopter of our AXP Platform. The Company and CBR remain committed to partnering together with the use of the AXP technology.

The foregoing description of the Addendum does not purport to be complete and is qualified in its entirety by reference to the complete text of the Addendum which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

  Exhibit No.   Exhibit Description
  10.1          Extension Addendum to Escrow Agreement dated July 26, 2013

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