Intermec, Inc. is party to an Amended and Restated Credit Agreement dated as of January 14, 2011 (as amended through the date hereof, the Credit Agreement), with Wells Fargo Bank, National Association (Wells Fargo Bank). The Credit Agreement includes covenants requiring that the company meet certain minimum financial performance thresholds, including Adjusted EBITDA thresholds and debt-to-EBITDA ratios. On February 14, 2013, the company entered into a Sixth Amendment to Amended and Restated Credit Agreement (the Sixth Amendment) with Wells Fargo Bank, modifying certain financial covenants contained in the Credit Agreement.

The Sixth Amendment modifies the financial covenant related to minimum Adjusted EBITDA, reducing such minimum for the trailing twelve month period ended with the fourth fiscal quarter of 2012 from $40 million to $35 million, and for the trailing twelve month periods ending with each fiscal quarter of 2013 from $45 million to $35 million. The minimum Adjusted EBITDA remains unchanged at $45 million for the trailing twelve month periods ending as of the end of each subsequent fiscal quarter. The Sixth Amendment also modifies the financial covenant related to the ratio of total debt to EBITDA, reducing such ratio from 2.50 to 2.00 for each fiscal quarter of 2013.

The financial covenant related to the ratio of total debt to EBITDA remains unchanged at 2.50 for each subsequent fiscal quarter. Other than as contemplated by the Sixth Amendment, all other material terms and conditions of the Credit Agreement remain the same.