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MDBX > SEC Filings for MDBX > Form 8-K on 22-Aug-2014All Recent SEC Filings

Show all filings for MEDBOX, INC.

Form 8-K for MEDBOX, INC.


Entry into a Material Definitive Agreement, Change in Directors or Principal Officer

Item 1.01 Entry into a Material Definitive Agreement.

The information provided in response to Item 5.02 of this report is incorporated by reference into this Item 1.01.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 18, 2014, Dr. Bruce Bedrick resigned as a director of Medbox, Inc. (the "Company"). Dr. Bedrick will continue to serve as a consultant to the Company. In connection therewith, on August 18, 2014, the Company entered into a consulting agreement with Dr. Bedrick, pursuant to which the Company agreed to pay Dr. Bedrick a monthly fee of $12,500 for consulting services to be performed by Dr. Bedrick. The consulting agreement has a one-year term, subject to the right of either party to terminate the consulting agreement upon 60 days' written notice to the other party.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number   Description

     10.1          Consulting Agreement

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