On January 3, 2017, NeoPhotonics Corporation entered into a Tenth Amendment to Credit Agreement to that certain Revolving Credit and Term Loan Agreement, dated as of March 21, 2013, with Comerica Bank, as Administrative Agent and Lead Arranger, and the lenders from time to time party thereto. The Amendment provided for an extension of the maturity date of the revolving credit line under the Credit Agreement to April 30, 2017 and a removal of a financial covenant that requires the company to maintain a maximum funded debt to adjusted EBITDA ratio.