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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WASHINGTON, DC 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Section 13 or 15(d) of the</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of report (Date of earliest event reported):
<B>February 3, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>Electro Rent Corporation</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact Name of Registrant as Specified in Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 32%; padding-right: 0.8pt; text-align: center; text-decoration: underline"><U>California</U></TD>
    <TD STYLE="width: 36%; padding-right: 0.8pt; text-align: center; text-decoration: underline"><U>0-9061</U></TD>
    <TD STYLE="width: 32%; padding-right: 0.8pt; text-align: center; text-decoration: underline"><U>95-2412961</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: center">(State or Other Jurisdiction of Incorporation)</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: center">(Commission File Number)</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: center">(IRS Employer Identification No.)</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 0.8pt; text-align: center; text-decoration: underline"><U>6060 Sepulveda Boulevard, Van Nuys, CA</U></TD>
    <TD STYLE="width: 50%; padding-right: 0.8pt; text-align: center; text-decoration: underline"><U>91411-2501</U></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Registrant&rsquo;s telephone number, including
area code: (818) 787-2100</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions ( <I>see</I> General Instruction A.2 below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font: 10pt Wingdings">o
</FONT>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font: 10pt Wingdings">o
</FONT>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font: 10pt Wingdings">o
</FONT>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font: 10pt Wingdings">o
</FONT>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Item 1.01 &#9;Entry into a Material
Definitive Agreement.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 3, 2012, Electro Rent Corporation
(&ldquo;<B>Electro Rent</B>&rdquo;) entered into a fifth amendment to commercial credit agreement (&ldquo;<B>Credit Agreement Amendment</B>&rdquo;)
with Union Bank, N.A. (&ldquo;<B>Union Bank</B>&rdquo;). The Credit Agreement Amendment amends the commercial credit agreement
between Electro Rent and Union Bank dated September 29, 2008 (the &ldquo;<B>Commercial Credit Agreement</B>&rdquo;), pursuant to
which Union Bank provides a revolving line of credit to Electro Rent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Credit Agreement Amendment amends the Commercial
Credit Agreement by:</P>

<P STYLE="font: 10pt Symbol; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">increasing the permitted maximum aggregate outstanding principal amount under the Commercial Credit
Agreement from $10,000,000 to $25,000,000;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">increasing the letter of credit sublimits from $5,000,000 to $10,000,000;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">extending the term and maturity date of the Commercial Credit Agreement from October 1, 2012 to
October 1, 2015;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">amending the interest rate provisions in the loan agreement such that the margin on loans bearing
interest at the reference rate is decreased by 0.25% and the margin on loans bearing interest at the LIBOR rate is decreased by
0.25%;</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">amending the quick ratio financial covenant in the Commercial Credit Agreement by adding the aggregate principal amount available to be borrowed
under the revolving loan to assets and the aggregate
outstanding principal amounts of the revolving loan to the calculation of current liabilities and reducing the required minimum
quick ratio to    0.60 to 1.00 for all periods ending after February 29, 2012; and</TD></TR></TABLE>

<P STYLE="font: 10pt Symbol; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">amending the minimum tangible net worth financial covenant in the Commercial Credit Agreement
                                                                                                         such that we covenant that our tangible net worth will not be less than $200 million at the close of the fiscal quarter
                                                                                                         ending February 29, 2012, subject to increases for future quarters as follows: (a) effective at the close of the fiscal year
                                                                                                         ending on May 31, 2012, the tangible net worth minimum will equal the sum of (x) $200,000,000 plus (y) 25% of our
                                                                                                         consolidated net profit after taxes for such previous fiscal year plus (z) 100% of any net equity proceeds we raise after
                                                                                                         November 30, 2011 of such fiscal year; and (b) effective at the close of each fiscal quarter ending during each fiscal year
                                                                                                         thereafter, the tangible net worth minimum will equal the sum of (x) the minimum tangible net worth required hereunder with
                                                                                                         respect to the prior fiscal year plus (y) 25% of our consolidated net profit after taxes for such previous fiscal year plus
                                                                                                         (z) 100% of any net equity proceeds we raise during such fiscal year.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In addition, we paid Union Bank a commitment
fee of $10,000 in connection with our entry into the Credit Agreement Amendment and agreed to pay future commitment fees of $25,000
on each of October 2, 2012, October 2, 2013 and October 2, 2014 for the succeeding one year periods.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Electro Rent currently does not have any loan
balance under the Commercial Credit Agreement, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Credit Agreement Amendment is attached
hereto as Exhibit 10.1 and is incorporated herein by reference.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><B>Item 2.03 &#9;Creation of a Direct
Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">The information set forth under Item
1.01, above, is incorporated herein by reference as if fully set forth herein.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">Item 9.01. &#9;Financial
Statements and Exhibits.&nbsp;</P>

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    <TD STYLE="width: 6%; text-align: justify; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 4%; text-align: justify; font-size: 10pt">(d)</TD>
    <TD STYLE="width: 90%; text-align: justify; font-size: 10pt">Exhibits.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 6%; text-align: justify; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 4%; text-align: justify; font-size: 10pt">10.1</TD>
    <TD STYLE="width: 90%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fifth Amendment to Commercial Credit Agreement
        dated February 3, 2012.</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
</TABLE>


<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirement
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.8pt; text-align: justify">Electro Rent Corporation</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="width: 49%; padding-right: 0.8pt; text-align: justify">Date: February 9, 2012</TD>
    <TD STYLE="width: 5%; padding-right: 0.8pt; text-align: justify">By:&nbsp;&nbsp;</TD>
    <TD STYLE="width: 29%; border-bottom: windowtext 1pt solid; padding-right: 0.8pt; text-align: justify">/s/ Craig R.
    Jones</TD>
    <TD STYLE="width: 17%; padding-right: 0.8pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD COLSPAN="2">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 1.8pt 0 0; text-align: justify">&nbsp;</P></TD>
    <TD COLSPAN="2">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">Craig R. Jones</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0.8pt 0 0; text-align: justify">Vice President and Chief Financial
        Officer</P></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD COLSPAN="2" STYLE="padding-right: 1.8pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 0.8pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
February 3, 2012
Electro Rent Corporation
(Exact Name of Registrant as Specified in Charter)
California
0-9061
95-2412961
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
6060 Sepulveda Boulevard, Van Nuys, CA
91411-2501
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including
area code: (818) 787-2100
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (
see
General Instruction A.2 below):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
-
1
-
Item 1.01 	Entry into a Material
Definitive Agreement.
On February 3, 2012, Electro Rent Corporation
("
Electro Rent
") entered into a fifth amendment to commercial credit agreement ("
Credit Agreement Amendment
")
with Union Bank, N.A. ("
Union Bank
"). The Credit Agreement Amendment amends the commercial credit agreement
between Electro Rent and Union Bank dated September 29, 2008 (the "
Commercial Credit Agreement
"), pursuant to
which Union Bank provides a revolving line of credit to Electro Rent.
The Credit Agreement Amendment amends the Commercial
Credit Agreement by:
·
increasing the permitted maximum aggregate outstanding principal amount under the Commercial Credit
Agreement from $10,000,000 to $25,000,000;
·
increasing the letter of credit sublimits from $5,000,000 to $10,000,000;
·
extending the term and maturity date of the Commercial Credit Agreement from October 1, 2012 to
October 1, 2015;
·
amending the interest rate provisions in the loan agreement such that the margin on loans bearing
interest at the reference rate is decreased by 0.25% and the margin on loans bearing interest at the LIBOR rate is decreased by
0.25%;
·
amending the quick ratio financial covenant in the Commercial Credit Agreement by adding the aggregate principal amount available to be borrowed
under the revolving loan to assets and the aggregate
outstanding principal amounts of the revolving loan to the calculation of current liabilities and reducing the required minimum
quick ratio to    0.60 to 1.00 for all periods ending after February 29, 2012; and
·
amending the minimum tangible net worth financial covenant in the Commercial Credit Agreement
                                                                                                         such that we covenant that our tangible net worth will not be less than $200 million at the close of the fiscal quarter
                                                                                                         ending February 29, 2012, subject to increases for future quarters as follows: (a) effective at the close of the fiscal year
                                                                                                         ending on May 31, 2012, the tangible net worth minimum will equal the sum of (x) $200,000,000 plus (y) 25% of our
                                                                                                         consolidated net profit after taxes for such previous fiscal year plus (z) 100% of any net equity proceeds we raise after
                                                                                                         November 30, 2011 of such fiscal year; and (b) effective at the close of each fiscal quarter ending during each fiscal year
                                                                                                         thereafter, the tangible net worth minimum will equal the sum of (x) the minimum tangible net worth required hereunder with
                                                                                                         respect to the prior fiscal year plus (y) 25% of our consolidated net profit after taxes for such previous fiscal year plus
                                                                                                         (z) 100% of any net equity proceeds we raise during such fiscal year.
In addition, we paid Union Bank a commitment
fee of $10,000 in connection with our entry into the Credit Agreement Amendment and agreed to pay future commitment fees of $25,000
on each of October 2, 2012, October 2, 2013 and October 2, 2014 for the succeeding one year periods.
Electro Rent currently does not have any loan
balance under the Commercial Credit Agreement, as amended.
The Credit Agreement Amendment is attached
hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 2.03 	Creation of a Direct
Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth under Item
1.01, above, is incorporated herein by reference as if fully set forth herein.
Item 9.01. 	Financial
Statements and Exhibits.
(d)
Exhibits.
10.1
Fifth Amendment to Commercial Credit Agreement
        dated February 3, 2012.
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SIGNATURES
Pursuant to the requirement
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Electro Rent Corporation
Date: February 9, 2012
By:
/s/ Craig R.
    Jones
Craig R. Jones
Vice President and Chief Financial
        Officer
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