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AEHR TEST SYSTEMS FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits

August 26, 2014



Item 1.01 Entry into a Material Definitive Agreement.

On August 22, 2014, Aehr Test Systems (the "Company") entered into the Fourth Amendment to Loan and Security Agreement (the "Domestic Amendment") with Silicon Valley Bank (the "Lender") which amends the Loan and Security Agreement dated as of August 25, 2011 (as amended, the "Domestic Agreement") with Lender, and the Fourth Amendment to Export-Import Bank Loan and Security Agreement (the "Exim Amendment") with Lender, which amends the Export-Import Bank Loan and Security Agreement dated as of August 25, 2011 (as amended, the "Exim Agreement" and together with the Domestic Agreement, the "Loan Agreements") with Lender.

Pursuant to the Domestic Amendment and the Exim Amendment any principal and interest on advances made pursuant to the Loan Agreements will mature on August 21, 2015, subject to certain exceptions where the Company is required to repay such amounts at an earlier date and unless earlier terminated by the Company.

The foregoing description of the Domestic Amendment and the Exim Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Domestic Amendment and the Exim Amendment, copies of which are attached hereto as Exhibit 10.1 and Exhibit 10.2, respectively, and are incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits. Exhibit Number Description 10.1 Fourth Amendment to Loan and Security Agreement dated August 22, 2014 by and between Aehr Test Systems and Silicon Valley Bank. 10.2 Fourth Amendment to Export-Import Bank Loan and Security Agreement dated August 22, 2014 by and between Aehr Test Systems and Silicon Valley Bank.



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Source: Edgar Glimpses


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