Item 1.01 Entry into a Material Definitive Agreement.
On July 13, 2020, Integer Holdings Corporation (the "Company") entered into
Amendment No. 7 (the "Amendment") to the Credit Agreement, dated as of October
27, 2015, by and among Greatbatch Ltd., as borrower, the Company, as parent,
Manufacturers and Traders Trust Company, as administrative agent, and the
Lenders party thereto, as amended (the "Credit Agreement").
Pursuant to the terms of the Amendment, the total net leverage ratio was
increased from the existing ratio of 4.00 to 1.00 to the following: (i) 4.75 to
1.00 for the period beginning with the third fiscal quarter of 2020 through and
including the second fiscal quarter of 2021, and (ii) 4.50 to 1.00 for the third
fiscal quarter of 2021. Additionally, the total net leverage ratio can be
increased by 0.50 for up to four consecutive quarters commencing in any fiscal
quarter in which the Company consummates an Eligible Adjustment Acquisition (as
defined in the Amendment).
In connection with the Amendment, the Company agreed to pay each consenting
lender (i) an advanced amendment fee equal to the product of (a) the amount of
the unused commitments and the outstanding loans representing Financial Covenant
Indebtedness (as defined in the Credit Agreement) of such lender as of the
effective date of the Amendment multiplied by (b) ten basis points; and (ii) a
deferred amendment fee payable in installments of an amount equal to the product
of (x) the amount of the outstanding loans representing Financial Covenant
Indebtedness (as defined in the Credit Agreement) of such lender as of each
Payment Date (as defined in the Amendment) multiplied by (y) three and
one-eighth basis points, except that the deferred amendment fee is waived and
will not be payable for any Payment Date (except the last Payment Date) that the
Company's total net leverage ratio at the time of such Payment Date is less than
3.00 to 1.00.
The above description of the Amendment is qualified in its entirety by reference
to the complete text of the Amendment attached hereto as Exhibit 10.1 and
incorporated by reference herein.


Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
   Exhibit                                       Description of Exhibit
    Number
     10.1              Seventh Amendment to Credit Agreement, dated as of July     13, 2020 by and
                     among Greatbatch Ltd., as the borrower, Integer Holdings Corporation, as the
                     parent, Manufacturers and Traders Trust Company, as administrative agent and
                     as arranger, and the lenders party thereto.
     104             Cover Page Interactive Data File (embedded within the Inline XBRL document)

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