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EX-10 - U. S. Premium Beef, LLC | e10-1.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): June 13, 2017
U.S. PREMIUM BEEF, LLC
(Exact name of Registrant as specified in its charter)
Delaware |
(State or other jurisdiction of incorporation) |
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333-115164 |
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20-1576986 |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
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12200 North Ambassador Drive Kansas City, Missouri |
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64163 |
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(Address of principal executive offices) |
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(Zip Code) |
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(816) 713-8800 |
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Registrant’s telephone, number, including area code |
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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 (see General Instruction A.2. below):
□ 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))
Items under Sections 2 through 8 are not applicable and therefore omitted.
Item 1.01 Entry into a Material Definitive Agreement.
On June 13, 2017 U.S. PREMIUM BEEF, LLC, a limited liability company formed under the laws of the State of Delaware and COBANK, ACB (“CoBank”) entered into a “Amended and Restated Revolving Term Supplement” (the “Supplement”). The Supplement was executed on June 13, 2017. The Supplement amends certain provisions of the Master Loan Agreement entered into by CoBank and U.S. Premium Beef, LLC on July 26, 2011, as amended from time to time.
The Supplement extends the term of the Revolving Term Loan Commitment (Commitment) up to and including June 30, 2020. The Amendment provides for a Commitment of $5 million.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
The following are filed as Exhibits to this Report:
Exhibit No. |
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Description of Exhibit |
10.1 |
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Amended and Restated Revolving Term Supplement between U.S. Premium Beef, LLC and CoBank, ACB dated June 13, 2017 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
U.S. PREMIUM BEEF, LLC |
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By: Stanley D. Linville |
Stanley D. Linville |
Chief Executive Officer |
Date: June 15, 2017
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