Erickson entered into a 19th amendment to its credit agreement with Wells Fargo, Deutsche Bank and HSBC Bank, which modified the required level of borrowing capacity to be maintained to the following:

• $10 million for the period from July 25, 2016 through August 29, 2016
• $13 million for the period from August 30, 2016 through October 17, 2016
• $17.5 million for the period from October 18, 2016 through October 31, 2016
• $20 million for the period from November 1, 2016 through December 31, 2016