Dorman Products, Inc. (NASDAQ:DORM) Files An 8-K Entry into a Material Definitive Agreement
Item1.01. Entry into a Material Definitive Agreement.
On June 27, 2017, Dorman Products, Inc. (the Company) entered
into Amendment No.5 (Amendment No.5) to the Third Amended and
Restated Credit Agreement, dated July24, 2006, by and between the
Company (the Borrower) and Wells Fargo Bank, National
Association, (successor by merger to Wachovia Bank, National
Association) (the Bank), as amended December24, 2007, April26,
2010, December20, 2012 and April29, 2015 (the Agreement). The
Agreement provides the Borrower with a $30million maximum
aggregate credit facility.
Amendment No.5 amends the Agreement by extending the Revolving
Credit Termination Date to June30, 2018.
Capitalized terms used herein and not otherwise defined shall
have the meanings set forth in the Agreement, as amended. A copy
of the Agreement and the amendments thereto were filed as
exhibits to the Companys Current Reports on Form 8-K filed on
July27, 2006, January2, 2008, April27, 2010 and December21, 2012
and the Companys Quarterly Report on Form 10-Q for the quarterly
period ended March28, 2015. The foregoing description of
Amendment No.5 does not purport to be complete and is qualified
in its entirety by reference to Amendment No.5, which is filed as
an exhibit to this Current Report. For additional information
regarding the Companys credit facility, please see the Companys
Current Reports on Form 8-K filed on July27, 2006,
January2, 2008, April27, 2010 and December21, 2012 and the
Companys Quarterly Report on Form 10-Q for the quarterly period
ended March28, 2015.
Item 2.03.
Creation of a Direct Financial Obligation or an Obligation under
an Off-Balance Sheet Arrangement of a Registrant.
The information
included in Item 1.01 above of this Current Report on Form 8-K is
incorporated into this Item 2.03 of this Current Report on Form
8-K.
Item9.01
Financial Statements and Exhibits.
Exhibit Number |
Description |
|
| 10.1 |
Amendment No.5 to the Third Amended and Restated Credit Agreement, dated as June27, 2017, by and between the Company and Wells Fargo Bank, National Association. |
Dorman Products, Inc. ExhibitEX-10.1 2 d400960dex101.htm EX-10.1 EX-10.1 EXHIBIT 10.1 AMENDMENT NO. 5 TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT THIS AMENDMENT NO. 5 TO THIRD AMENDED AND RESTATED CREDIT AND SECURITY AGREEMENT (Amendment No. 5) is dated as of June 27,…To view the full exhibit click here About Dorman Products, Inc. (NASDAQ:DORM)
Dorman Products, Inc. (Dorman) is a supplier of replacement parts and fasteners for passenger cars, light trucks, and heavy duty trucks in the automotive aftermarket. The Company distributes and markets approximately 150,000 various stock keeping units (SKU’s) of automotive replacement parts and fasteners. The Company groups its products into approximately four classes, such as power-train, including intake and exhaust manifolds, and harmonic balancers; automotive body, including window lift motors and window regulators; chassis, including suspension arms and knuckles, and hardware, including threaded bolts. Dorman parts are marketed under the OE Solutions, HELP!, TECHoice, AutoGrade, Conduct-Tite, FirstStop and HD Solutions brand names. A majority of the Company’s products are sold under brands that it owns.