-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Fq2bV6zU9hEp1knbQl5It0fRs1k2bQ7dOMmVbkGct7F4zl5174NRMQwaW6Kdqvl+ GOh1tt/W05LstDAzoI2pMw== 0000950134-07-014564.txt : 20070702 0000950134-07-014564.hdr.sgml : 20070702 20070702170137 ACCESSION NUMBER: 0000950134-07-014564 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070626 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070702 DATE AS OF CHANGE: 20070702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA SPORTSWEAR CO CENTRAL INDEX KEY: 0001050797 STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300] IRS NUMBER: 930498284 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23939 FILM NUMBER: 07956140 BUSINESS ADDRESS: STREET 1: 14375 NW SCIENCE PARK DRIVE CITY: PORTLAND STATE: OR ZIP: 97229 BUSINESS PHONE: 503 985 4000 MAIL ADDRESS: STREET 1: 14375 NW SCIENCE PARK DRIVE CITY: PORTLAND STATE: OR ZIP: 97229 8-K 1 v31643e8vk.htm FORM 8-K e8vk
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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): June 26, 2007
Columbia Sportswear Company
(Exact name of registrant as specified in its charter)
         
Oregon
(State or other jurisdiction of
incorporation)
  0-23939
(Commission File Number)
  93-0498284
(I.R.S. Employer Identification No.)
14375 Northwest Science Park Drive
Portland, Oregon 97229

(Address of principal executive offices)
(503) 985-4000
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
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:
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))
 
 

 


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ITEM 1.01      ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
ITEM 2.03      CREATION OF A DIRECT FINANICAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT
ITEM 9.01      FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURE
EXHIBIT INDEX
EXHIBIT 10.1


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ITEM 1.01      ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On June 26, 2007, Columbia Sportswear Company entered into a third amendment to its Credit Agreement with Wells Fargo Bank, National Association. This Amendment, effective July 1, 2007, extends the maturity date of loans under the agreement to July 1, 2009. The Third Amendment to Credit Agreement, filed as an exhibit to this Form 8-K, is incorporated into this Form 8-K by this reference.
ITEM 2.03      CREATION OF A DIRECT FINANICAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT
     The information disclosed under Item 1.01 is incorporated into this Item 2.03 by this reference.
ITEM 9.01      FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
     
10.1
  Third Amendment to Credit Agreement effective July 1, 2007 between Columbia Sportswear Company and Wells Fargo Bank, National Association

 


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SIGNATURE
     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.
         
  Columbia Sportswear Company
 
 
Date: July 2, 2007  By:   /s/ Peter J. Bragdon    
    Name:   Peter J. Bragdon   
    Title:   Vice President and General Counsel   
 

 


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EXHIBIT INDEX
     
Exhibit
Number
  Description
 
   
10.1
  Third Amendment to Credit Agreement effective July 1, 2007 between Columbia Sportswear Company and Wells Fargo Bank, National Association

 

EX-10.1 2 v31643exv10w1.htm EXHIBIT 10.1 exv10w1
 

Exhibit 10.1
THIRD AMENDMENT TO CREDIT AGREEMENT
     THIS AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of July 1, 2007, by and between COLUMBIA SPORTSWEAR COMPANY, an Oregon corporation (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”).
RECITALS
     WHEREAS, Borrower is currently indebted to Bank pursuant to the terms and conditions of that certain Credit Agreement between Borrower and Bank dated as of December 16, 2004, as amended from time to time (“Credit Agreement”).
     WHEREAS, Bank and Borrower have agreed to certain changes in the terms and conditions set forth in the Credit Agreement and have agreed to amend the Credit Agreement to reflect said changes.
     NOW, THEREFORE, for valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree that the Credit Agreement shall be amended as follows:
     1.      The definition of “Maturity Date” set forth in Section 1.1 of Article I of the Credit Agreement is hereby deleted in its entirety and the following substituted therefor:
‘Maturity Date’ means July 1, 2009.”
     2.      Except as specifically provided herein, all terms and conditions of the Credit Agreement remain in full force and effect, without waiver or modification. All terms defined in the Credit Agreement shall have the same meaning when used in this Amendment. This Amendment and the Credit Agreement shall be read together, as one document.
     3.      Borrower hereby remakes all representations and warranties contained in the Credit Agreement and reaffirms all covenants set forth therein. Borrower further certifies that as of the date of this Amendment there exists no Event of Default as defined in the Credit Agreement, nor any condition, act or event which with the giving of notice or the passage of time or both would constitute any such Event of Default.
UNDER OREGON LAW, MOST AGREEMENTS, PROMISES AND COMMITMENTS MADE BY BANK CONCERNING LOANS AND OTHER CREDIT EXTENSIONS WHICH ARE NOT FOR PERSONAL, FAMILY OR HOUSEHOLD PURPOSES OR SECURED SOLELY BY THE BORROWER’S RESIDENCE MUST BE IN WRITING, EXPRESS CONSIDERATION AND BE SIGNED BY BANK TO BE ENFORCEABLE.

 


 

     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the day and year first written above.
                 
COLUMBIA SPORTSWEAR       WELLS FARGO BANK,
COMPANY       NATIONAL ASSOCIATION
 
               
By:
  /s/ Bryan L. Timm       By:   /s/ James L. Franzen
 
               
Title:
  VP/Chief Financial Officer           James L. Franzen, Vice President
 
               

 

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