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):  May 27, 2010

 

NORTECH SYSTEMS INCORPORATED

(Exact name of registrant as specified in charter)

 

 

1120 Wayzata Boulevard East, Suite 201

Wayzata, MN 55391

(Address of principal executive offices)

 

(952) 345-2244

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed from last report)

 

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):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o    Pre-commencement communications pursuant to Rule 14-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

 

 

 

Item 1.01  Entry into a Material Definitive Agreement.

 

(a)           On May 27, 2010, the Registrant entered into a third amended and restated credit and security agreement with Wells Fargo Bank, National Association (“Wells Fargo”), which provides a $12 million line of credit through May 31, 2013, and a real estate term note maturing on May 31, 2012.

 

Item 9.01  Financial Statements and Exhibits.

 

Exhibit No.		Description
99		News Release dated June 2, 2010

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: June 2, 2010

 

 

	Nortech Systems Incorporated
		(Registrant)
	/s/ Bert M. Gross
	Bert M. Gross, Secretary

 

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