EX-10.1



 Exhibit 10.1 

SIXTH AMENDMENT TO CREDIT AGREEMENT 

This Sixth Amendment to Credit Agreement (this “Amendment”) is entered into as of July 29, 2016, by and between WELLS FARGO
BANK, NATIONAL ASSOCIATION (“Bank”) and NIMBLE STORAGE, INC., a Delaware corporation (“Borrower”). 
 RECITALS

 Borrower and Bank are parties to that certain Credit Agreement dated as of October 1, 2013 (as amended from time to time,
including by that certain First Amendment to Credit Agreement dated as of April 23, 2014, that certain Second Amendment to Credit Agreement dated as of June 17, 2014, that certain Third Amendment to Credit Agreement dated as of
September 19, 2014, that certain Fourth Amendment to Credit Agreement dated as of April 6, 2015, and that certain Fifth Amendment to Credit Agreement dated as of December 9, 2015, collectively, the “Agreement”). The parties
desire to amend the Agreement in accordance with the terms of this Amendment. 
 NOW, THEREFORE, the parties agree as follows: 

1. Section 1.1(a) of the Agreement hereby is amended and restated in its entirety to read as follows: 

“(a) Line of Credit. Subject to the terms and conditions of this Agreement, Bank hereby agrees to make advances to
Borrower from time to time up to and including August 1, 2018, not to exceed at any time the outstanding principal amount of Fifteen Million Dollars ($15,000,000) (“Line of Credit”), the proceeds of which shall be used for general
corporate purposes, including working capital. Borrower’s obligation to repay advances under the Line of Credit shall be evidenced by a promissory note dated as of the July 29, 2016 (“Revolving Line of Credit Note”), all terms of
which are incorporated herein by this reference.” 
 2. The first sentence of Section 1.3 of the Agreement hereby is amended and
restated in its entirety to read as follows: 
 “Borrower authorizes Bank to collect all principal, interest and fees
due under this Agreement by charging Borrower’s deposit account number 4124736117, or any other deposit account maintained by Borrower with Bank, for the full amount thereof.” 

3. Section 4.9(b) of the Agreement hereby is amended and restated in its entirety to read as follows: 

“(b) Minimum Tangible Net Worth. Tangible Net Worth not less than Sixty-Five Million Dollars ($65,000,000),
measured quarterly, with “Tangible Net Worth” defined as the aggregate of total stockholders’ equity plus subordinated debt less any intangible assets and less any loans or advances to, or investments in, any related entities or
individuals.” 
 4. The Compliance Certificate incorporated as part of the Loan Documents hereby is replaced with the Compliance
Certificate attached hereto. 
 5. No course of dealing on the part of Bank or its officers, nor any failure or delay in the exercise of any
right by Bank, shall operate as a waiver thereof, and any single or partial exercise of any such right shall not preclude any later exercise of any such right. Bank’s failure at any time to require strict performance by Borrower of any
provision shall not affect any right of Bank thereafter to demand strict compliance and performance. Any suspension or waiver of a right must be in writing signed by an officer of Bank. 







 6. Unless otherwise defined, all initially capitalized terms in this Amendment shall be as
defined in the Agreement. The Agreement, as amended hereby, shall be and remain in full force and effect in accordance with its respective terms and hereby is ratified and confirmed in all respects. Except as expressly set forth herein, the
execution, delivery, and performance of this Amendment shall not operate as a waiver of, or as an amendment of, any right, power, or remedy of Bank under the Agreement, as in effect prior to the date hereof. 

7. Borrower represents and warrants that the Representations and Warranties contained in the Agreement are true and correct as of the date of
this Amendment, and that no Event of Default has occurred and is continuing. 
 8. As a condition to the effectiveness of this Amendment,
Bank shall have received, in form and substance satisfactory to Bank: 
 (a) this Amendment, duly executed by Borrower; 

(b) a Second Amended and Restated Revolving Line of Credit Note dated as of even date herewith; and 

(c) all reasonable fees and expenses incurred through the date of this Amendment, which may be debited from Borrower’s account at Bank.

 9. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one instrument. 
 [Balance of Page Intentionally Left Blank] 

  
 2 








 IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the first date above
written. 
  

			
	NIMBLE STORAGE, INC.
		
	 By:  
	 	 /s/ Anup Singh



 
			
	 Name:  
	 	 Anup Singh





			
	 Title:  
	 	 Chief Finance Officer





			
	
	 WELLS FARGO BANK, NATIONAL
ASSOCIATION



 
			
		
	 By:  
	 	 /s/ Nicole Heller



 

			
	 Name:  
	 	 Nicole Heller





			
	 Title:  
	 	 Vice President



 [Signature Page to Sixth Amendment to Credit Agreement] 







 COMPLIANCE CERTIFICATE 
  

	TO:	WELLS FARGO BANK, NATIONAL ASSOCIATION 

 121 South Market Street, 3rd Floor 

San Jose, CA 95113 
 I am an
officer of NIMBLE STORAGE, INC., a Delaware corporation (“Borrower”). Under the terms of that certain Credit Agreement by and between Borrower and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”) dated as of October 1, 2013
(as amended, restated, modified or supplemented from time to time, the “Agreement”), I hereby certify that: 
 The attached
financial statements of Borrower dated as of                      (the “Statement Date”) are true and correct and have been
accurately prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) (provided that monthly financial statements shall be prepared in accordance with GAAP other than with respect to exclusions of
stock based compensation and other non-cash items), and used consistently with prior practices. 
 Unless expressly stated otherwise in a
written statement attached to this Certificate, all representations and warranties contained in the Agreement remain true and correct, and as of the date hereof there exists no default or defined event of default under the Agreement or any
promissory note or other contract, instrument or document executed in connection therewith, nor any condition, act or event which with the giving of notice or the passage of time or both would constitute such a default or defined event of default.

 The calculations regarding each financial covenant below (with capitalized terms not otherwise defined having the meanings given to them
in the Agreement), as of the Statement Date, and regardless of whether Borrower must be in compliance with each covenant as of the Statement Date, are as follows: 

BORROWER FINANCIAL COVENANTS: 
  

							
	 SECTION
	  	 COVENANT
	  	 ACTUAL
	  	 REQUIRED

	4.9(a)	  	Modified Quick Ratio	  	             to 1.0	  	Greater than 1.25 to 1.0
				
	4.9(b)	  	Tangible Net Worth	  	$                            	  	Greater than $65,000,000

 [Signature Page Follows] 








			
	NIMBLE STORAGE, INC.
		
	By:	 	 
	Date: 	 	 
	Title:	 	 

 [Signature Page to Compliance Certificate]