Asure Software announced that it has successfully amended its credit agreement with Wells Fargo Bank, National Association and Goldman Sachs Specialty Lending Holdings, Inc., effective January 1, 2019. Under the revised terms of the credit agreement, the leverage ratio covenant requirements were increased for two fiscal years, beginning with first quarter 2019, allowing for more flexibility as Asure Software continues to pursue its growth plans. Under these new terms, the maximum leverage ratio for the first three quarters of 2019 is 6:00:1, which is a change from 5.85:1 at March 31, 2019, 5.30:1 at June 30, 2019 and 5.10:1 at September 30, 2019. In addition, Wells Fargo Bank and Goldman Sachs Specialty Lending Holdings have consented to Asure Software's acquisition of Payroll Maxx LLC as a "permitted acquisition" and Asure Software borrowed a delayed term loan in the aggregate amount of $8.0 million to consummate the acquisition.