OTHER INFORMATION
−Removed: Effective on March 31, 2022, we entered into an amendment (the “Amendment”) to our $100 million senior secured revolving credit agreement (the “Credit Agreement”) with PNC Bank, National Association (“PNC”).
−Removed: The Amendment modifies the financial covenants as reflected in Note 8.
−Removed: Debt of Part I, Item 1 of this Quarterly Report on Form 10-Q and transitions the Credit Agreement from the U.S.
−Removed: dollar London Interbank Offered Rate (“LIBOR”) to the Secured Overnight Financing Rate (“SOFR”) for floating rate loan commitments under the Credit Agreement.
−Removed: The description of the Credit Agreement contained herein is qualified in its entirety by reference to the Credit Agreement, a copy of which is filed as Exhibit 10.1 to this Quarterly Report on Form 10-Q.
+Added: On July 25, 2022, we entered into an amendment (the “Amendment”) to our $100 million senior secured revolving credit agreement with PNC Bank, National Association (“PNC”).
+Added: The Amendment increased certain sub-limits to provide additional flexibility under the Credit Agreement, amongst other changes.
+Added: The description contained herein is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 to this Quarterly Report on Form 10-Q.
Description Incorporation by Reference Filed Herewith
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8-K 3.2 June 15, 2020
−Removed: 10.1** Amendment to Loan Documents, effective March 31, 202 2 , between Pegasystems Inc.
+Added: 10.1 Fifth Amendment to Loan Documents between Pegasystems Inc.
and PNC Bank, National Association.
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++ Indicates that the exhibit is being furnished with this report and is not filed as a part of it.
−Removed: ** Certain portions of this exhibit are considered confidential and have been omitted as allowed under SEC rules and regulations.
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 thereunto duly authorized.
Pegasystems Inc.
−Removed: April 28, 2022 By:
+Added: July 27, 2022 By:
/s/ KENNETH STILLWELL
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.