Item 1.01 Entry Into a Material Definitive Agreement.
Credit Agreement Amendment
On September 8, 2021, Forum Energy Technologies, Inc. (the "Company") entered
into an amendment (the "Credit Agreement Amendment") to the Third Amended and
Restated Credit Agreement, dated as of October 30, 2017 (as amended and
supplemented, the "Credit Agreement"), among the Company, as borrower, the other
borrowers party thereto, the guarantors party thereto, the lenders party
thereto, Wells Fargo Bank, National Association, as Administrative Agent, and
the other parties named therein.
Pursuant to the Credit Agreement Amendment, the Credit Agreement was modified
to, among other things, (i) change the maturity date to September 8, 2026,
subject to certain exceptions, (ii) reduce the aggregate amount of the
commitments thereunder to $179.0 million, and (iii) change the interest rate
applicable to outstanding loans to, at the option of the Company, LIBOR plus a
margin of 2.25% to 2.75% or a base rate plus a margin of 1.25% to 1.75%, in each
case, based upon the Company's quarterly total net leverage ratio, with a LIBOR
floor equal to 0.00%.
The foregoing description of the Credit Agreement Amendment is qualified in its
entirety by reference to the full text of the Credit Agreement Amendment, which
is filed as Exhibit 10.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.               Exhibit Title or Description
                          Credit Agreement Amendment, dated as of September 8, 2021, among the
                          Company, as borrower, the other borrowers party thereto, the guarantors
                          party thereto, the lenders party thereto, Wells Fargo Bank, National
  10.1                    Association, as Administrative Agent, and the other parties named therein.
                          Cover Page Interactive Data File - the cover page XBRL tags are embedded
104                       within the Inline XBRL document.

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