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Creation of a Direct Financial Obligation or an Obligation under an

On October 30, 2015, Cerner Corporation a Delaware corporation (the Company), entered into a Third Amended and Restated Credit Agreement (the Credit Agreement) with a syndicate of lenders identified in the Credit Agreement. U.S. Bank National Association acts as Administrative Agent under the Credit Agreement.

The Credit Agreement is a five-year revolving credit facility and includes: (a) a revolving credit loan facility of up to $100 million at any time outstanding, and (b) a letter of credit facility of up to $100 million at any time outstanding (which is a sub-facility of the $100 million revolving credit loan facility). The Credit Agreement also includes an accordion feature allowing an increase of the credit facility of up to an additional $100 million ($200 million in the aggr egate) at any time outstanding. The Credit Agreement extended our unsecured line of credit under that certain Amended and Restated Credit Agreement dated as of February 10, 2012, as amended, and we believe improved overall terms throughout the agreement to provide the Company greater operating flexibility. There were no amounts outstanding under the Credit Agreement, other than letters of credit, at the time the credit facility was renewed.

Generally, amounts outstanding under the...


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