8-K_9-29-14_No. 1 Amendment to SVB Second Amended and Restated Loan and Security Agreement


 
UNITED STATES

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): September 25, 2014
________________________________
AVIAT NETWORKS, INC.
(Exact name of registrant as specified in its charter)
_______________________________
 
 
 
 
 
Delaware
 
001-33278
 
20-5961564
 
 
 
 
 
(State or other jurisdiction
 
(Commission File
 
(I.R.S. Employer
of incorporation)
 
Number)
 
Identification No.)
 
 
 
 
 
 
 
 
 
 
 
 
 
Address of principal executive offices:
 
5200 Great America Parkway, Santa Clara, CA 95054
Registrant’s telephone number, including area code:
 
(408) 567- 7000
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:
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 14d-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))

 





TABLE OF CONTENTS
 
Item 1.01 Entry into a Material Definitive Agreement
Item 9.01 Financial Statements and Exhibits
SIGNATURE
 
        EX-10.1






 
Item 1.01 Entry into a Material Definitive Agreement

On September 25, 2014, Aviat Networks, Inc. (the “Company”) entered into Amendment No. 1 to Second Amended and Restated Loan Agreement (the “Amendment”) by and among the Company, Aviat U.S., Inc. (“Opco,”), Aviat Networks (S) Pte. Ltd. (collectively with the Company and Opco, the “Borrowers”) and Silicon Valley Bank, as lender (the “Lender”). The Amendment amends the terms of the Company’s Second Amended and Restated Loan and Security Agreement, dated as of March 28, 2014, by and among the Borrowers and the Lender. Among other things, the Amendment extends the deadline for preparing and filing financial statements with the Securities and Exchange Commission for the Company’s fiscal year ended June 27, 2014.

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     Amendment No. 1 to Second Amended and Restated Loan and Security Agreement, dated as of September 25, 2014,
by and among Aviat Networks, Inc., Aviat U.S., Inc., Aviat Networks (S) Pte. Ltd. and Silicon Valley Bank.






SIGNATURE
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 hereunto duly authorized.
 
 
 
 
 
 
AVIAT NETWORKS, INC.
 
 
Date: September 29, 2014 
By:  
/s/ Edward J. Hayes, Jr.
 
 
 
Name:  
Edward J. Hayes, Jr.
 
 
 
Title:  
Senior Vice President and Chief Financial Officer
 
 



EXHIBIT INDEX
 

 
 
 
Exhibit No.
Under
Regulation S-K,
Item 601
  
Description
 
 
10.1
  
Amendment No. 1 to Second Amended and Restated Loan and Security Agreement, dated as of September 25, 2014, by and among Aviat Networks, Inc., Aviat U.S., Inc., Aviat Networks (S) Pte. Ltd. and Silicon Valley Bank.