Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - GLOBUS MEDICAL INCFinancial_Report.xls
EX-31.1 - EXHIBIT 31.1 - GLOBUS MEDICAL INCgmed63014ex311.htm
EX-31.2 - EXHIBIT 31.2 - GLOBUS MEDICAL INCgmed63014ex312.htm
10-Q - 10-Q - GLOBUS MEDICAL INCgmed6301410q.htm
EX-32 - EXHIBIT 32 - GLOBUS MEDICAL INCgmed63014ex32.htm


Exhibit 10.1

THIRD AMENDMENT TO CREDIT AGREEMENT


THIS AMENDMENT TO CREDIT AGREEMENT (this "Amendment") is entered into as of May 5, 2014, by and between GLOBUS MEDICAL, INC., a Delaware corporation ("Borrower"), and WELLS FARGO BANK, NATIONAL ASSOCIATION ("Bank").

RECITALS

WHEREAS, Borrower is currently indebted to Bank pursuant to the terms and conditions of that certain Credit Agreement between Borrower and Bank dated as of May 3, 2011, as amended from time to time ("Credit Agreement").

WHEREAS, Bank and Borrower have agreed to certain changes in the terms and conditions set forth in the Credit Agreement and have agreed to amend the Credit Agreement to reflect said changes.
NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree that the Credit Agreement shall be amended as follows:

1.    Section 1.5.(c) is hereby deleted in its entirety, without substitution.
2.    Section 1.5.(d) is hereby renumbered to be 1.5.(c).
3.     Except as specifically provided herein, all terms and conditions of the Credit Agreement remain in full force and effect, without waiver or modification. All terms defined in the Credit Agreement shall have the same meaning when used in this Amendment. This Amendment and the Credit Agreement shall be read together, as one document.
4.     Borrower hereby remakes all representations and warranties contained in the Credit Agreement and reaffirms all covenants set forth therein. Borrower further certifies that as of the date of this Amendment there exists no Event of Default as defined in the Credit Agreement, nor any condition, act or event which with the giving of notice or the passage of time or both would constitute any such Event of Default.

IN WITNESS WHEREOF, the parties hereto, intending to be legally bound hereby, have caused this Amendment to be executed as a sealed instrument as of the day and year first written above.

GLOBUS MEDICAL, INC.
 
WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
 
By: /s/ Richard Baron                (SEAL)
 
By: /s/ Tara Handforth                      
Richard Baron, Chief Financial Officer
 
Tara Handforth, Senior Vice President