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EX-10 - EXHIBIT 10.1 - MOCON INCex10-1.htm


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

__________________

 

Date of Report (Date of earliest event reported): April 3, 2014 (March 28, 2014)

___________________

 

MOCON, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Minnesota

000-09273

41-0903312

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification Number)

 

 

7500 Mendelssohn Avenue North

Minneapolis, MN

 

55428

(Address of Principal Executive Offices)

(Zip Code)

 

 

(763) 493-6370

(Registrant’s telephone number, including area code)

 

 

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

 

Item 1.01     Amendment of a Material Definitive Agreement

 

On March 28, 2014, MOCON, Inc. (“MOCON”) entered into a Second Amendment to Credit Agreement (the “Second Amendment”) with Wells Fargo Bank, National Association (“Wells Fargo”), which amended the Credit Agreement (the “Credit Agreement”) between MOCON and Wells Fargo dated March 28, 2012. Pursuant to the Second Amendment, the revolving credit line available to MOCON under the Credit Agreement was increased to $6.0 million.

 

MOCON and Wells Fargo also agreed to certain other matters as set forth in the Second Amendment, and the description of the Second Amendment set forth above is qualified by the Second Amendment filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by this reference.

 

Item 9.01     Financial Statements and Exhibits

 

(d)

Exhibits.

 

Exhibit No.

Description

   

10.1

Second Amendment to Credit Agreement dated as of March 28, 2014 by and between MOCON, Inc. and Wells Fargo Bank, National Association.

 

 
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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

      MOCON, INC.  

 

 

 

 

 

 

 

 

 

 

Dated: April 3, 2014

By:

/s/ 

Darrell B. Lee

 

 

 

 

Darrell B. Lee

Vice President, Chief Financial Officer,

Treasurer and Secretary

 

    

 
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MOCON, INC.

CURRENT REPORT ON FORM 8-K

 

INDEX TO EXHIBITS

 

 

Exhibit No.

Description

 

Method of Filing

       

10.1

Second Amendment to Credit Agreement dated as of March 28, 2014 by and between MOCON, Inc. and Wells Fargo Bank, National Association

 

Filed herewith.

 

 

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