Item 1.01Entry into Material Definitive Agreement.
Entry into Waiver and Third Amendment to Fourth Amended and Restated Credit Agreement
As previously disclosed, on
On
Except as set forth in the Amendment, all other terms and conditions of the Credit Agreement remain in place.
The Lenders perform normal banking (including as lenders under other facilities) and investment banking and advisory services from time to time for the Company and its affiliates, for which they receive customary fees and expenses.
The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, which has been filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.
Item 2.03Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.
See Item 1.01 - "Entry into Waiver and Third Amendment to Fourth Amended and Restated Credit Agreement" above, the content of which is incorporated herein by reference.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On
The foregoing description of the Special Bonus is only a summary and is qualified in its entirety by reference to the Special Bonus Agreement, a copy of which is attached as Exhibit 10.2 hereto and incorporated by reference into this Item 5.02.
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Waiver and Third Amendment to Fourth Amended and Restated Credit Agreement, dated as ofDecember 27, 2022 , amongLL Flooring Holdings, Inc. and its domestic subsidiaries, includingLL Flooring, Inc. andLL Flooring Services, LLC (collectively, the "Borrowers"),Bank of America, N.A . as administrative agent and collateral agent, andBank of America, N.A . andWells Fargo Bank, National Association , as Lenders. 10.2 Special Bonus Agreement, datedDecember 29, 2022 , betweenLL Flooring Holdings, Inc. andDouglas S. Clark , Jr. 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)
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