Item 1.01 Entry into a Material Definitive Agreement



On January 31, 2023 Commvault System, Inc. ("Commvault") and Ashling
Development, LLC entered into a Purchase and Sale Agreement (the "Agreement")
for the sale of Commvault's corporate headquarters located at One Commvault Way,
Tinton Falls, New Jersey (the "Premises") for a purchase price of $40,000,000.
Consummation of the sale is subject to customary closing conditions. Commvault
believes that the sale will likely close in the first half of fiscal 2024. Upon
closing of the transaction, Commvault plans to enter into a lease for a portion
of the Premises.

A copy of the Agreement is included as Exhibits 10.1 and 10.2. The foregoing
description of the Agreement is qualified in its entirety by reference to the
full text of the Agreement, which is incorporated herein by reference.


Item 2.02 Results of Operations and Financial Condition



On January 31, 2023, Commvault issued a press release announcing its results for
its third fiscal quarter ended December 31, 2022. A copy of the press release is
attached hereto as Exhibit 99.1.

This information is being furnished pursuant to Item 2.02 and shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934
or otherwise subject to the liabilities under that section and shall not be
deemed to be incorporated by reference into filings under the Securities Act of
1933.


Item 9.01 Financial Statements and Exhibits

(d) Exhibits:



Exhibit No.                Description
  10.1*                    Purchase and Sale Agreement by and between 

Commvault and Ashling Development,


                           LLC with an effective date of January 31, 2023
  10.2*                    Purchase and Sale Agreement by and between 

Commvault and Ashling Development,


                           LLC with an effective date of January 31, 2023
  99.1                     Press Release dated January 31, 2023
104                        Cover Page Interactive Data File (formatted as 

inline XBRL and contained in


                           the Inline XBRL document)
*Certain exhibits to this agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A
copy of any omitted exhibit will be furnished as a supplement to the Securities and Exchange Commission
upon request.


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