Document:

EX-10.12

 Exhibit 10.12 

FIRST AMENDMENT TO CREDIT AGREEMENT 

This First Amendment to Credit Agreement (this “Amendment”) is entered into as of April 23, 2014, 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 (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. Clause (viii) of the defined term, “eligible accounts receivable”, set forth in Section 1.1(b) of
the Agreement hereby is amended and restated in its entirety to read as follows: 
 “(viii) except as otherwise approved by Bank in
writing, that portion of any account from an account debtor which represents the amount by which Borrower’s total accounts from said account debtor exceeds twenty-five percent (25%) of Borrower’s total accounts; provided, however, with
respect to accounts owing from Avnet, Inc., such percentage shall be fifty percent (50%);” 
 2. Section 4.3(d) of the Agreement hereby
is amended and restated in its entirety to read as follows: 
 “(d) not later than thirty (30) days after and as of the end of each
month, a borrowing base certificate executed by the President, Chief Financial Officer or Controller of Borrower, an aged listing of accounts receivable and accounts payable, a reconciliation of accounts receivable and accounts payable, and a
deferred revenue schedule, and immediately upon each request from Bank, a list of the names and addresses of all Borrower’s account debtors;” 

3. Section 4.3(e) of the Agreement hereby is amended and restated in its entirety to read as follows: 

“(e) contemporaneously with each annual and monthly financial statement of Borrower required hereby, a Compliance Certificate executed by
the President, Chief Financial Officer or Controller of Borrower, including a certification that said financial statements are accurate and that there exists no Event of Default nor any condition, act or event which with the giving of notice or the
passage of time or both would constitute an Event of Default;” 
 4. Section 4.9(b) of the Agreement hereby is amended and restated in
its entirety to read as follows : 
 “(b) EBITDA. EBITDA of not less than the covenant levels as set forth in the
table immediately below for the following measuring periods, with “EBITDA” defined as net profit before tax plus interest expense (net of capitalized interest expense), depreciation expense, amortization expense and non-cash stock
compensation expense. 
  

					
	 Measuring period ending
	  	Covenant Level	 
	 April 30, 2014
	  	($	11,484,000	) 
	 July 31, 2014
	  	($	13,292,000	)” 

 5. Section 5.2 of the Agreement hereby is amended and restated in its entirety to read as
follows: 
 “SECTION 5.2. CAPITAL EXPENDITURES. Make any additional investment in fixed assets in Borrower’s 2014
and 2015 fiscal years, combined, in excess of an aggregate of Forty Million Dollars ($40,000,000). Notwithstanding the foregoing, Borrower shall not make any additional investment in fixed assets in excess of an aggregate of Twenty Five Million
Dollars ($25,000,000) in any one of Borrower’s 2014 or 2015 fiscal years.” 
 6. 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. 

7. 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. 

8. 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. 
 9. 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; and 

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

 10. 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] 

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

			
	NIMBLE STORAGE, INC.

 
			
		
	 By:
	 	 /s/ Anup Singh

 
			
		
	 Title:
	 	 Chief Financial Officer

			
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION

 
			
		
	 By:
	 	 /s/ Megan Mix

 
			
		
	 Title:
	 	 Vice President

 [Signature Page to First Amendment to Credit Agreement]EX-10.13

 Exhibit 10.13 

SECOND AMENDMENT TO CREDIT AGREEMENT 

This Second Amendment to Credit Agreement (this “Amendment”) is entered into as of June 17, 2014, 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 Loan and Security Agreement dated as of April 23, 2014, 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(c) of the Agreement hereby is amended and restated in its entirety to read as follows: 

“(c) Letter of Credit Subfeature. As a subfeature under the Line of Credit, Bank agrees from time to time
during the term thereof to issue or cause an affiliate to issue standby letters of credit for the account of Borrower (each, a “Letter of Credit” and collectively, “Letters of Credit”); provided however, that the aggregate
undrawn amount of all outstanding Letters of Credit (the “Letters of Credit Sublimit”) shall not at any time exceed Eight Hundred Eighty Seven Thousand Ninety Nine Dollars $887,099.00). The form and substance of each Letter of Credit shall
be subject to approval by Bank, in its sole discretion. Each Letter of Credit shall be issued for a term not to exceed three hundred sixty five (365) days, as designated by Borrower; provided however, if on the Line of Credit maturity date (or the
effective date of any termination of this Agreement) there are any outstanding Letters of Credit, Borrower shall provide to Bank cash collateral in an amount equal to at least one hundred percent (100%) of the face amount of any such Letter of
Credit, plus all interest, fees and costs due or to become due in connection therewith to secure the obligations related to such Letter of Credit. The undrawn amount of all Letters of Credit shall be reserved under the Line of Credit and shall not
be available for borrowings thereunder. Each Letter of Credit shall be subject to the additional terms and conditions of the Letter of Credit agreements, applications and any related documents required by Bank in connection with the issuance
thereof. Each drawing paid under a Letter of Credit shall be deemed an advance under the Line of Credit and shall be repaid by Borrower in accordance with the terms and conditions of this Agreement applicable to such advances; provided however, that
if advances under the Line of Credit are not available, for any reason, at the time any drawing is paid, then Borrower shall immediately pay to Bank the full amount drawn, together with interest thereon from the date such drawing is paid to the date
such amount is fully repaid by Borrower, at the rate of interest applicable to advances under the Line of Credit. In such event Borrower agrees that Bank, in its sole discretion, may debit any account maintained by Borrower with Bank for the amount
of any such drawing.” 
 2. New Section 1.1(d) hereby is added to the Agreement as follows: 

“(d)Borrowing and Repayment. Borrower may from time to time during the term of the Line of Credit borrow, partially
or wholly repay its outstanding borrowings, and reborrow, subject to all of the limitations, terms and conditions contained herein or in the Revolving Line of Credit Note; provided however, that the total outstanding borrowings under the Line of
Credit shall not at any time exceed the maximum principal amount available thereunder, as set forth above. If, at any time, the outstanding borrowings under the Line of Credit exceed the maximum amount permitted under this Section 1.1, Borrower
shall promptly pay to Bank in cash such excess.” 

 3. 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. 

4. 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. 

5. 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. 
 6. 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; and 

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

 7. 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] 

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

			
	NIMBLE STORAGE, INC.

 
			
		
	By:	 	 /s/ Anup Singh

 
			
		
	Title:	 	 Chief Financial Officer

			
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION

 
			
		
	By:	 	 /s/ Megan Mix

 
			
		
	Title:	 	 Vice President

 [Signature Page to Second Amendment to Credit Agreement]

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