Item 1.01. Entry Into a Material Definitive Agreement
Amendment to Loan Agreement
On May 28, 2020, TearLab Corporation (the "Company" or "TearLab") entered into a
Consent Agreement (the "Consent") by and among the Company, certain of its
subsidiaries and CRG LP and certain of its affiliate funds as lenders (the "Loan
Agreement"). The Consent extends the date on which the principal and interest
payments are due under the Loan Agreement from May 31, 2020 and June 30, 2020 to
July 31, 2020. Additionally, as of March 31, 2020 the Company was not in
compliance with the minimum revenue covenant under the Loan Agreement and the
Consent temporarily extends the waiver of any related default, which had
previously been waived until May 31, 2020 until July 31, 2020. Failure by the
Company to make the principal and interest payment on or before July 31, 2020
will result in an immediate event of default under the Loan Agreement.
The foregoing description of the Consent is qualified in its entirety by the
terms and conditions of the Consent, which is attached hereto as Exhibit 10.1
and is incorporated herein by reference.
© Edgar Online, source Glimpses
TEARLAB CORPORATION 
