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ROCKET FUEL INC. FILES (8-K) Disclosing Entry into a Material Definitive Agreement

July 7, 2014



Item 1.01 Entry into a Material Definitive Agreement

On June 30, 2014, Rocket Fuel Inc., a Delaware corporation (the "Company"), entered into a First Amendment to Amended and Restated Revolving Credit and Term Loan Agreement (the "Amendment") by and among the Company, the lenders party thereto and Comerica Bank, as administrative agent for the lenders. The Amendment amends the terms of the Company's existing Amended and Restated Revolving Credit and Term Loan Agreement, dated as of December 20, 2013 (the "Loan Facility") by and among the Company, the lenders from time to time party thereto and Comerica Bank, as administrative agent. The amendments include, among others, an increase in the letter of credit subfacility under the revolving credit facility to $12.0 million, an amendment to the definition of "EBITDA" and amendments to the minimum EBITDA financial covenant under the Loan Facility.

The lenders and their affiliates have engaged in, and may in the future engage in, banking and other commercial dealings in the ordinary course of business with the Company or the Company's affiliates. They have received, or may in the future receive, customary fees and commissions for these transactions.

Additional details of the Loan Facility were previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 26, 2013 and are incorporated herein by reference.

The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 10.1 First Amendment to Amended and Restated Revolving Credit and Term Loan Agreement, dated as of June 30, 2014, by and among Rocket Fuel Inc., the lenders party thereto and Comerica Bank, as administrative agent for the lenders.



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Source: Edgar Glimpses


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