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EX-10.1 - Innovative Wireless Technologies, Inc. | v213765_ex10-1.htm |
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
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): March 7, 2011
INNOVATIVE WIRELESS TECHNOLOGIES, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
Delaware
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0-53421
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90-0535563
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(State or Other Jurisdiction of
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(Commission File No.)
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(IRS Employer
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Incorporation)
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Identification No.)
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306 N. West El Norte Pkwy
Escondido, CA 92026
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(310) 237-2001
(Registrant’s telephone number, including area code)
ITEM 1.01
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Entry into a Material Definitive Agreement.
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Amendment to Exclusive Distribution and Marketing Agreement
On February 28, 2011, Registrant entered into an Amendment to the Exclusive Distribution and Marketing Agreement with MechTech, LLC pursuant to which MechTech shall no longer act as the exclusive distributor for all products to be produced by Registrant. As a distributor for Registrant’s products, MechTech will be entitled to a specified percentage of all amounts received from the sale of such products.
ITEM 9.01
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Financial Statements and Exhibits.
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(a)
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Financial Statements of Business Acquired.
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Not applicable.
(b)
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Pro Forma Financial Information.
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Not applicable.
(c)
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Exhibits.
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10.1 Amendment to the Exclusive Distribution and Marketing Agreement, dated as of February 28, 2011, between Innovative Wireless Technologies, Inc. and MechTech, LLC
SIGNATURES
Pursuant to the requirements 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.
INNOVATIVE WIRELESS TECHNOLOGIES, INC.
BY:
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/s/ Pavel Alpatov
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PAVEL ALPATOV
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CEO, CFO, PRESIDENT AND DIRECTOR
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Dated: March 8, 2011
Exhibit Index
EXHIBIT INDEX
10.1 Amendment to the Exclusive Distribution and Marketing Agreement, dated as of February 28, 2011, between Innovative Wireless Technologies, Inc. and MechTech, LLC