← CRA INTERNATIONAL, INC.

AMENDED AND RESTATED CREDIT AGREEMENT

Signed Jul 31, 2026

Committed
$75m
Matures
Jul 2031
Agent
Bank of America, N.A.
TrancheSizeMaturesMargin
Revolving Facilityn/aJul 2031125–200 bps
Term Facility$75mJul 2031125–200 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility, Term Loan A).

LevelConditionMarginUnused fee
Level 1< 1.25:1.00125 bps18 bps
Level 2≥ 1.25:1.00 and < 1.75:1.00150 bps20 bps
Level 3≥ 1.75:1.00 and < 2.25:1.00175 bps23 bps
Level 4≥ 2.25:1.00200 bps25 bps

§1.01

Lenders: BofA Securities, Inc., Citizens Bank, N.A., Bank of America, N.A., Bank of Montreal, M&T Bank, Beacon Bank and Trust, Eastern Bank

Tested quarterlyHeadroom not yet measured2.50x
Permit the Consolidated Interest Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Company to be less than the ratio of 2.50 to 1.00.
Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measured3.00x
Permit the Consolidated Net Leverage Ratio at any time during any period to be greater than the ratio of 3.00 to 1.00; provided that in the event of a Permitted Acquisition involving aggregate Consideration in excess of $25,000,000 occurring during a fiscal quarter, then the Company shall have the right to increase the maximum permitted Consolidated Net Leverage Ratio required to be maintained under this Section 7.11(b) to 3.50 to 1.00 for the fiscal quarter in which such Permitted Acquisition is consummated (the “Trigger Quarter”) and each of the three fiscal quarters immediately following the Trigger Quarter (such period, an “Elevated Leverage Ratio Period”), and the maximum permitted Consolidated Net Leverage Ratio will thereafter revert to 3.00 to 1.00.
Read the filing on sec.gov ↗

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