Item 1.01 Entry into a Material Definitive Agreement.

On July 30, 2021, TETRA Technologies, Inc., a Delaware corporation ("TETRA"), and certain of its subsidiaries entered into an amendment (the "ABL Credit Agreement Amendment") to the Credit Agreement dated as of September 10, 2018 (as previously amended, the "ABL Credit Agreement"), by and among TETRA, certain subsidiaries of TETRA party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and each of the lenders and issuing banks party thereto.

The ABL Credit Agreement Amendment amended the ABL Credit Agreement by, among other things, (a) extending the maturity date of the ABL Credit Agreement from September 10, 2023, to May 31, 2025, and (b) incorporating a new $15,000,000 subfacility under the ABL Credit Agreement, subject to a borrowing base consisting of certain inventory and receivables of TETRA Technologies U.K. Limited, a limited liability company incorporated in England and Wales (the "UK Borrower"), which provides a revolving line of credit to the UK Borrower in U.S. dollars and British Pounds Sterling. TETRA estimates that the inclusion of the inventory and receivables of TETRA Technologies U. K. Limited would result in an increase to the borrowing base of the ABL Credit Agreement as of July 30, 2021 by approximately $9.4 million as compared to the borrowing base under the ABL Credit Agreement prior to the effectiveness of the ABL Credit Agreement Amendment. In addition, the ABL Credit Agreement Amendment further amended the ABL Credit Agreement by (a) decreasing the commitments of the lenders under TETRA's U.S. dollar denominated revolving line of credit from $100,000,000 to $80,000,000, (b) modifying the accordion feature set forth in the ABL Credit Agreement to allow TETRA to request that the commitments thereunder be increased from time to time by up to $20,000,000.00 in the aggregate, (c) increasing the applicable margin for loans made thereunder by 0.25% per annum, (d) including LIBOR fallback language, and (e) amending certain other provisions as set forth therein (such amendments and the other transactions contemplated by the ABL Credit Agreement Amendment, collectively, the "ABL Credit Agreement Amendment Transactions").

In connection with the ABL Credit Agreement Amendment, TETRA entered into an amendment (the "Term Loan Agreement Amendment") to the Credit Agreement dated as of September 10, 2018 (as previously amended, the "Term Loan Agreement"), by and among TETRA, Wilmington Trust, National Association, as administrative agent, and each of the lenders party thereto, in order to, among other things, permit the ABL Credit Agreement Amendment Transactions thereunder and to provide LIBOR fallback language. In connection with the Term Loan Agreement Amendment, TETRA chose to pre-pay term loans outstanding under the Term Loan Agreement in an amount equal to $8,157,000, which amounts were due in spring of 2022.

The preceding description of the ABL Credit Agreement Amendment and the Term Loan Agreement Amendment is a summary and is qualified in its entirety by the ABL Credit Agreement Amendment and the Term Loan Agreement Amendment, copies of which are filed as Exhibits 10.1 and 10.2 hereto and are incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits.



Exhibit Number     Description
10.1                 Second Amendment to the Credit Agreement dated as of July 30,
                   2021, by and among TETRA, certain subsidiaries of TETRA party
                   thereto, JPMorgan Chase Bank, N.A., as administrative agent,
                   and each of the lenders and issuing banks party thereto.
10.2                 Amendment to Credit Agreement dated as of July 30, 2021, by
                   and among TETRA, Wilmington Trust, National Association, as
                   administrative agent, and each of the lenders party thereto.
104                Cover Page Interactive Data File (embedded within the inline
                   XBRL document)




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