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TTEK > SEC Filings for TTEK > Form 8-K on 24-Jun-2014All Recent SEC Filings

Show all filings for TETRA TECH INC

Form 8-K for TETRA TECH INC


24-Jun-2014

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01. Entry into a Material Definitive Agreement.

On June 23, 2014, Tetra Tech, Inc. (the "Company") entered into Amendment No. 2 ("Amendment No. 2") to its Amended and Restated Credit Agreement, dated as of May 7, 2013 (as amended by Amendment No 1 to Credit Agreement dated as of September 27, 2013), among the Company, Tetra Tech Canada Holding Corporation, Bank of America, N.A., as Administrative Agent, and the lenders party thereto (the "Credit Agreement"). The purpose of Amendment No. 2 is to amend the covenant in the Credit Agreement relating to "Permitted Share Repurchases" so that the Company may, during each fiscal year (beginning with the fiscal year that begins on September 29, 2014), make Permitted Share Repurchases in an amount equal to the greater of $75,000,000 or 7.5% of Consolidated Net Worth as of the end of the immediately preceding fiscal year (without any carry forward of unused portions of such basket to subsequent fiscal years). Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Credit Agreement.

Amendment No. 2 is attached hereto as Exhibit 10.1 and is incorporated herein by reference. The description of Amendment No. 2 contained herein is qualified in its entirety by reference to the full text of that agreement.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

10.1 Amendment No. 2 dated as of June 23, 2014 to the Amended and Restated Credit Agreement dated as of May 7, 2013 (as amended by Amendment No. 1 dated as of September 27, 2013) among Tetra Tech, Inc., Tetra Tech Canada Holding Corporation, the lenders party thereto and Bank of America, N.A., as Administrative Agent.


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