Item 1.01 Entry into a Material Definitive Agreement




On March 29, 2023, Team, Inc. (the "Company") entered into Amendment No. 12 (the
"Amendment No. 12") to that certain Unsecured Term Loan Credit Agreement, dated
as of November 9, 2021 (as amended on November 30, 2021, December 6, 2021,
December 7, 2021, December 8, 2021, February 11, 2022, May 6, 2022, June 28,
2022, October 4, 2022, November 1, 2022, November 4, 2022 and November 21, 2022,
and as further amended from time to time, the "Subordinated Term Loan Credit
Agreement") among the Company, as borrower, the lenders from time to time party
thereto (including Corre Credit Fund, LLC) (collectively, the "Lenders") and
Cantor Fitzgerald Securities, as agent. Amendment No. 12, among other things,
extends the availability period under which the Company may borrow an aggregate
amount of up to $10.0 million in subordinated delayed draw terms loans (the
"February 2022 Delayed Draw Term Loans") from the Lenders such that the end of
the availability period is extended from March 31, 2023 to September 30, 2023.

The foregoing summary of Amendment No. 12 does not purport to be complete and is
subject to, and qualified in its entirety by, the full text of Amendment No. 12,
a copy of which is attached hereto as Exhibit 10.1 and is incorporated by
reference herein.

Item 9.01         Financial Statements and Exhibits

(d)               Exhibits.



             Exhibit number               Description

                  10.1                      Amendment No. 12 to

Subordinated Term Loan Agreement, dated

March 29, 2023, by and among the

lenders party thereto, and Cantor

Fitzgerald Securities, as agent.
                   104                    Cover Page Interactive Data File

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