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MOV > SEC Filings for MOV > Form 8-K on 9-Nov-2012All Recent SEC Filings

Show all filings for MOVADO GROUP INC

Form 8-K for MOVADO GROUP INC


9-Nov-2012

Entry into a Material Definitive Agreement


Item 1.01. Entry into a Material Definitive Agreement.

On November 6, 2012, Movado Group, Inc. (the "Company") entered into an amendment dated as of September 28, 2012 (the "Fourth Amendment") to its license agreement dated as of November 18, 2005 (as previously amended, the "License Agreement") with L.C. Licensing, L.L.C., f/k/a L.C. Licensing, Inc. ("Licensor") pursuant to which Licensor agreed to license to the Company certain intellectual property, including the trademark JUICY COUTURE and related marks. The Fourth Amendment modifies the Company's national advertising, marketing and cooperative advertising expenditure obligation for 2012 and its minimum Net Sales and Guaranteed Minimum Royalty (each as defined in the License Agreement) obligations for 2012 and 2013.

The Company intends to file the Fourth Amendment as an exhibit to its next periodic report and will seek confidential treatment of certain terms of the Fourth Amendment at such time.


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