Subsequent to June 30, 2020, the Company reported a technical default to its lenders after it became aware that a liquidation proceeding had been instituted on April 8, 2020, against a non-operating subsidiary of the Company (a shelf company in the Czech Republic) for failure to file tax returns or other required corporate documents. As a result of this proceeding, the Company was in technical default of its Second Amended and Restated Credit Agreement (Credit Agreement) and each of its private placement notes, all of which required the Company to maintain in good standing all subsidiaries, including non-operating subsidiaries regardless of materiality. On July 28, 2020, the Company, Wells Fargo Bank N.A., as Administrative Agent, and the lenders entered into a Limited Waiver and Second Amendment to Second Amended and Restated Credit Agreement whereby (i) the outstanding event of default was waived and (ii) the Credit Agreement was further amended to add a new definition of “Material Subsidiary” to be applied to events of default by subsidiaries in similar circumstances. Also on July 28, 2020, each of the noteholders of the private placement notes waived the event of default.