UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): September 9, 2009
SUPREME INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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1-8183 |
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75-1670945 |
(State of incorporation) |
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(Commission File No.) |
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(IRS Employer Identification No.) |
P.O. Box 237
2581 E. Kercher Road
Goshen, Indiana 46528
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (574) 642-3070
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
Amendment to Credit Agreement
On September 9, 2009, Supreme Corporation, the wholly-owned subsidiary of Supreme Industries, Inc. (the Company), entered into an Amendment to Credit Agreement with its lender, JPMorgan Chase Bank, N.A. The Amendment waived (for a limited period of time) a violation of a financial covenant contained in the Credit Agreement and modified the wording of the two financial covenants dealing with minimum tangible net worth and adjusted EBITDA requirements. In addition, on September 9, 2009, a Note Modification Agreement was entered into by and between these parties for the purpose of reducing the line of credit being made available to Supreme Corporation from $33,000,000 to $25,000,000. Copies of the Amendment to Credit Agreement and Note Modification Agreement are being filed as Exhibits 10.1 and 10.2, respectively to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
10.1 Amendment to Credit Agreement dated September 9, 2009.
10.2 Note Modification Agreement dated September 9, 2009
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SUPREME INDUSTRIES, INC. |
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Date: September 15, 2009 |
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By: |
/s/ Jeffery D. Mowery |
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Jeffery D. Mowery |
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Vice President and Chief Financial Officer |
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EXHIBIT INDEX
Exhibit No. |
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Description |
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10.1 |
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Amendment to Credit Agreement dated September 9, 2009. |
10.2 |
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Note Modification Agreement dated September 9, 2009. |
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