UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

July 1629, 2010 ~~Date of Report (Date of earliest event reported)~~

Date of Report (Date of earliest event reported)

CARDIAC SCIENCE CORPORATION

(Exact Name of Registrant as Specified in Charter)

Delaware	000-51512	94-3300396
(State or Other Jurisdiction of Incorporation)	(Commission File No.)	(IRS Employer Identification No.)
(State or Other Jurisdiction	(Commission File No.)	(IRS Employer
of Incorporation)		Identification No.)


3303 Monte Villa Parkway, Bothell, Washington		98021

(Address of Principal Executive Offices)		(Zip Code)

(425) 402-2000

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, if Changed Since Last Report)

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:

o Written communication 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))

TABLE OF CONTENTS

Item ~~1.01. Entry into a Material Definitive Agreement Item~~ 2.0302. ~~Creation~~Results of aOperations ~~Direct~~and Financial ~~Obligation~~Condition ~~or an Obligation under an Off-Balance Sheet Arrangement of a Registrant~~ Item ~~8.01 Other Events Item~~ 9.01. Financial Statements and Exhibits SIGNATURE ~~EX-10.1~~INDEX ~~EX-10.2~~TO ~~EX-10.3~~EXHIBITS EX-99.1

Item 1 2.0102. ~~Entry~~Results ~~into~~of aOperations ~~Material~~and ~~Definitive~~Financial ~~Agreement~~Condition.

On July 1629, 2010, Cardiac Science Corporation ~~(the~~issued ~~“Company”)~~its ~~entered~~earnings ~~into~~release ~~the~~announcing ~~Third Amended~~its ~~and~~financial ~~Restated~~results ~~Loan~~for ~~and Security Agreement (~~the ~~“Loan~~three ~~Agreement”), the Loan~~ and ~~Security~~six ~~Agreement (EX~~months IMended Loan Facility) (the “EX IM Agreement”) and the Export-Import Bank of the United States Working Capital Guarantee Program Borrower Agreement (“Borrower Agreement,” and together with the Loan Agreement and the EX-IM Agreement, the “Credit Agreements”) relating to a one-year revolving credit facility with Silicon Valley Bank (“SVB”). The Loan Agreement amends and restates the Second Amended and Restated Loan and Security Agreement dated AprilJune 2730, 2010 ~~between the Company and SVB~~. ~~Under~~A ~~the~~copy ~~Credit Agreements, the Company may borrow up to the lesser~~ of ~~(i) $15.0 million or (ii) 80% of eligible domestic accounts receivable, as defined in~~ the ~~Loan~~earnings ~~Agreement,~~release ~~plus the~~is ~~lesser~~attached ofhereto ~~(I) 35% of eligible domestic inventory~~ as ~~defined in the Loan Agreement or (II) $2,500,000, plus the lesser of (I) $5,000,000 or (II)~~Exhibit ~~90% of eligible export accounts receivable, as defined in the EX IM Agreement, plus the lesser of (I) 2,500,000 or (II) 75% of eligible export inventory, as defined in the EX IM Agreement~~99.1 ~~Pursuant to the Loan Agreement, the Company granted SVB a first priority perfected security interest in substantially all of its assets to secure its obligation under the Loan Agreement. The Company~~ and ~~its~~is ~~predecessors~~incorporated ~~have~~herein ~~maintained~~by ~~a commercial banking relationship with SVB for over 12 years~~reference.

~~All~~The ~~borrowings~~information furnished under ~~this facility will be classified as current liabilities~~Item 2.02 ~~Pursuant~~of ~~to the Loan Agreement, outstanding balances under~~ this ~~facility~~Current ~~bear~~Report ~~interest~~on atForm a8-K, ~~fixed~~including ~~rate based on~~ the ~~Prime~~exhibit ~~Rate~~attached hereto, asshall ~~published~~not inbe ~~the~~deemed ~~Wall~~to ~~Street~~be ~~Journal,~~“filed” ~~plus~~for ~~2.5%.~~purposes ~~Interest~~of isSection 18 ~~payable~~of ~~monthly, on~~ the Securities ~~last~~Exchange ~~day~~Act of ~~the month~~1934, ~~and~~as ~~all~~amended, ~~obligations~~or ~~are~~otherwise ~~due~~subject onto the ~~maturity~~liabilities ~~date~~of ~~(July 14, 2011). In~~that ~~addition~~section, ~~the~~nor ~~Company~~shall ~~will~~it ~~pay~~be todeemed ~~SVB~~incorporated aby ~~non-refundable~~reference ~~commitment~~in ~~fee of $175,000 and~~ any ~~unused balances~~filing under ~~this~~the ~~facility~~Securities ~~will~~Act ~~bear~~of 1933, ~~monthly~~except ~~fees~~as ~~equal~~expressly toset ~~0.25%~~forth ~~per~~by ~~annum~~specific onreference ~~the~~in ~~average~~such ~~unused portion of the revolving line~~filing.

~~The~~Some ~~Loan~~statements ~~Agreement~~in ~~and~~this ~~the~~Current EXReport IMon ~~Agreement~~Form ~~contain~~8-K ~~customary~~are ~~affirmative~~“forward-looking ~~and~~statements” ~~negative~~within the ~~covenants,~~meaning ~~including~~of ~~but~~the ~~not~~Private ~~limited~~Securities ~~to,~~Litigation ~~restrictions~~Reform ~~related~~Act toof ~~common~~1995. ~~stock~~Forward-looking ~~repurchases,~~statements ~~liens,~~are not ~~investments,~~guarantees ~~capital expenditures, indebtedness, payments~~ of ~~cash~~future ~~dividends~~actions and ~~other~~actual ~~restricted payments,~~actions ~~mergers,~~may ~~acquisitions~~vary ~~and~~materially ~~other~~from ~~fundamental~~those ~~changes~~expressed ~~involving the Company~~ or ~~the~~implied ~~Company’s~~in ~~assets~~such statements. ~~Certain~~For ofinformation ~~these~~on ~~actions~~certain ~~may~~factors bethat ~~taken~~may byaffect ~~the~~future ~~Company~~actions ~~with~~and ~~the consent of SVB.~~results, Inplease ~~addition,~~see ~~the~~our ~~Company~~public isfilings ~~required~~with tothe ~~meet~~Securities ~~certain~~and ~~financial~~Exchange ~~covenants~~Commission, including ~~minimum liquidity~~our ~~levels and a minimum tangible net worth measure. The Loan Agreement also contains~~most ~~standard~~recent ~~acceleration~~Annual ~~provisions~~Report inon ~~the~~Form ~~event~~10-K ofand aQuarterly ~~default~~Reports byon ~~the~~Form ~~Company~~10-Q.

The foregoing summary of the Credit Agreements is qualified in its entirety by reference to the full text of the Loan Agreement, the EX IM Agreement and the Borrower Agreement attached hereto as Exhibits 10.1. Exhibit 10.2 and 10.3, respectively.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information provided in Item 1.01 is hereby incorporated by reference into this Item 2.03.

Item 8.01 Other Events.

On July 19, 2010, Cardiac Science Corporation (“the Company”) issued a press release announcing it has addressed outstanding issues with the Food and Drug Administration (“FDA”) relating to the corrective AED field action announced on November 13, 2009. Under the updated recall plan, Cardiac Science will replace approximately 24,000 AEDs used by first responders and certain medical facilities in the United States. First responders include police, fire, and ambulance services. Medical facilities include hospitals, medical clinics, dialysis centers and assisted living facilities.

A copy of the press release has been attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

1099.1 Earnings ~~Third~~release ~~Amended~~of ~~and~~Cardiac ~~Restated~~Science ~~Loan~~Corporation ~~and Security Agreement~~ dated ~~as of~~ July 1629, 2010 ~~between~~. ~~Silicon Valley Bank and Cardiac Science Corporation~~

10.2 Loan and Security Agreement (EX IM Loan Facility) dated as of July 16, 2010 between Silicon Valley Bank and Cardiac Science Corporation

10.3 Export-Import Bank of the United States Working Capital Guarantee Program Borrower Agreement dated as of July 16, 2010 entered into by Cardiac Science Corporation in favor of the Export-Import Bank of the United States and Silicon Valley Bank.

99.1 Press release of Cardiac Science Corporation date July 19, 2010.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	CARDIAC SCIENCE CORPORATION
	By:	/s/ Michael K. Matysik
		Michael K. Matysik
		Senior Vice President, Chief Financial Officer and Secretary
Dated: July 21, 2010


	CARDIAC SCIENCE CORPORATION
	By:	/s/ Michael K. Matysik
		Michael K. Matysik
		Senior Vice President and Chief Financial Officer

Dated: July 29, 2010

INDEX TO EXHIBITS


Exhibit No.		Description
	99.1	Earnings release of Cardiac Science Corporation dated July 29, 2010.

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