SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2015

NOTE 16 - SUBSEQUENT EVENTS

On August 6, 2015, DXP amended the Facility as follows:

1.	Amended the maximum Consolidated Leverage Ratio covenant as follows:

Period	Maximum Ratio
June 30, 2015 through September 30, 2016	4.25x
December 31, 2016	4.00x
March 31, 2017 through June 30, 2017	3.75x
September 30, 2017 through December 31, 2017	3.50x
March 31, 2018 and thereafter	3.25x

2.	Amended the minimum Consolidated Fixed Charge Coverage Ratio covenant as follows:

Period	Minimum Ratio
June 30, 2015 through December 31, 2016	1.15x
March 31, 2017 and thereafter	1.25x

3.	Added a new level, of LIBOR plus 2.75%, to the pricing grid for leverage greater than or equal to 4.00x.

We have evaluated subsequent events through the date the interim condensed consolidated financial statements were issued. There were no additional subsequent events that required recognition or disclosure.