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EIG > SEC Filings for EIG > Form 8-K on 3-Jan-2014All Recent SEC Filings

Show all filings for EMPLOYERS HOLDINGS, INC. | Request a Trial to NEW EDGAR Online Pro



Entry into a Material Definitive Agreement, Financial Statements and Exh

Item 1.01. Entry into a Material Definitive Agreement.
On December 31, 2013, Employers Holdings, Inc. (the "Company") and Wells Fargo Bank, National Association ("Wells Fargo") entered into a First Amendment to Third Amended and Restated Credit Agreement (the "Amendment"). This Amendment changed certain terms and conditions set forth in the Third Amended and Restated Credit Agreement as follows: 1) modified Section 4.1 (Punctual Payments) to better suit the amortizing nature of the revolver; 2) modified Section 4.10 (Financial Condition) to reduce the liquidity requirements to 5% of the aggregate commitment amount of the Line of Credit; and 3) deleted Section 5.6 (Pledge of Assets), without substitution.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.
10.1   First Amendment to Third Amended and Restated Credit Agreement, dated
       December 31, 2013, between Employers Holdings, Inc. and Wells Fargo Bank,
       National Association.

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