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LFVN > SEC Filings for LFVN > Form 8-K on 21-Feb-2014All Recent SEC Filings

Show all filings for LIFEVANTAGE CORP

Form 8-K for LIFEVANTAGE CORP


21-Feb-2014

Entry into a Material Definitive Agreement


Item 1.01 Entry Into a Material Definitive Agreement.

On February 18, 2014, LifeVantage Corporation (the "Company") entered into a commercial supply agreement (the "Agreement") with Deseret Laboratories, Inc. ("Deseret"). The Agreement is effective as of January 31, 2014. Under the terms of the Agreement, Deseret will continue to manufacture Protandim and Canine Health in accordance with our product specifications and Current Good Manufacturing Practices. The Agreement sets fixed prices for the manufacturing of the Company's products through the term of the Agreement, subject to certain adjustments set forth in the Agreement. The initial term of the Agreement is three years and automatically renews for additional one year terms until terminated. Either party may terminate the Agreement by providing written notice of non-renewal at least 90 days prior to the expiration of the initial term or any renewal term. Additionally, either party may terminate the Agreement at any time by providing three months prior written notice.
The foregoing summary of the Agreement does not purport to be complete and is qualified in its entirety by reference to the Agreement, which the Company plans to file as an exhibit to its next quarterly report on Form 10-Q.


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