Item 1.01 Entry into a Material Definitive Agreement.



On January 17, 2023, iRobot Corporation (the "Company") entered into a Fourth
Amendment (the "Fourth Amendment") to the Amended and Restated Credit Agreement
(the "Credit Agreement") with Bank of America N.A. (the "Lender") and a Fourth
Amendment to the Amended and Restated Reimbursement Agreement (the "Fourth
Amendment to the Reimbursement Agreement") with the Lender. The Fourth Amendment
increases the interest rate of (1) Term SOFR Loans to 4.50%, (2) Base Rate Loans
to 3.50%, and (3) unused Commitments to 3.50%. In addition, the Fourth Amendment
established a borrowing base for the revolving facility equal to the total of
80% of eligible receivables, 50% of eligible inventory, and upon the
satisfaction of certain conditions, up to 30% of eligible in-transit inventory,
all subject to any applicable reserves. Additionally, the Fourth Amendment
replaces the requirement that the borrowing under the Credit Agreement be under
$75,000,000 (1) on December 30, 2022 and (2) for ten consecutive days during the
first quarter in 2023, and replaces it with a requirement that the borrowing
under the Credit Agreement be under $25,000,000 (1) on December 29, 2023 and (2)
for thirty consecutive days between January 17, 2023 and September 17, 2024. The
Fourth Amendment also extends the maturity date of the Credit Agreement from
June 30, 2023 to September 17, 2024. Capitalized terms used but not defined
herein have the meanings ascribed to such terms in the Credit Agreement.

The foregoing description of the Fourth Amendment and Fourth Amendment to the
Reimbursement Agreement is not complete and is qualified in its entirety by
reference to the Fourth Amendment and Fourth Amendment to the Reimbursement
Agreement, which are filed hereto as Exhibits 10.1 and 10.2, respectively, and
are incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 above is hereby incorporated by reference in this Item 2.03.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits:

  Exhibit No.                                           Description

                      Fourth Amendment to Amended and Restated Credit

Agreement by and between Bank


     10.1*            of America, N.A. and iRobot Corporation, dated

January 17, 2023.


                      Fourth Amendment to Amended and Restated

Reimbursement Agreement by and between


     10.2*            Bank of America, N.A. and iRobot Corporation, dated

January 17, 2023.


      104             Cover Page Interactive Data File (embedded within the

Inline XBRL document).




* Certain schedules and exhibits to this agreement have been omitted pursuant to
Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule and/or exhibit
will be furnished supplementally to the SEC upon request.

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