Item 1.01 Entry into a Material Definitive Agreement






Amendment of Term Loan

On December 13, 2019, Generac Power Systems, Inc. (the "Borrower"), a wholly owned subsidiary of Generac Holdings Inc. (the "Company"), amended that certain Credit Agreement, dated as of February 9, 2012 (as amended and/or restated, supplemented, or otherwise modified from time to time, the "Term Loan Credit Agreement") (such amendment, the "Term Loan Amendment"), which among other things, extended the maturity date for the term loan under the Term Loan Credit Agreement (the "Term Loan") from May 2023 to December 2026. Prior to the effectiveness of the Term Loan Amendment, the Borrower paid (in addition to certain interest and fees) $49.0 million on the existing outstanding principal balance of the Term Loan of $879.0 million for a new outstanding principal balance of the Term Loan of $830.0 million. The Term Loan Amendment is attached hereto as Exhibit 10.1 and incorporated herein by reference. The foregoing summary does not purport to be complete and is qualified in its entirety by reference to such exhibit.

Item 9.01 Financial Statements and Exhibits






(d) Exhibits



Exhibit No.                                Description

10.1          2019 Replacement Term Loan Amendment, dated as of December 13, 2019,
            amending that certain Credit Agreement, dated as of February 9, 2012, as
            amended and restated as of May 30, 2012, as further amended and restated
            as of May 31, 2013, as amended by the First Amendment, dated as of May 18,
            2015, as further amended by the Replacement Term Loan Amendment, dated as
            of November 2, 2016, as further amended by the 2017 Replacement Term Loan
            Amendment, dated as of May 11, 2017, as further amended by the 2017-2
            Replacement Term Loan Amendment, dated December 8, 2017, and as further
            amended by the 2018 Replacement Term Loan Amendment, dated June 8, 2018,
            among Generac Power Systems, Inc., Generac Acquisition Corp., the lenders
            party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and the
            other agents named therein.

104         Cover Page Interactive Data File (embedded within the inline XBRL
            document)

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