Attached files
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| EX-10.1 - EXCLUSIVE AGREEMENT WITH ICELANDIC WATER HOLDINGS HF., DATED JANUARY 10, 2019 - Youngevity International, Inc. | 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): January 10,
2019
YOUNGEVITY INTERNATIONAL, INC.
(Exact
name of registrant as specified in its charter)
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Delaware
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000-54900
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90-0890517
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(State
or other jurisdiction of incorporation)
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(Commission
File No.)
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(IRS
Employer Identification No.)
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2400 Boswell Road, Chula Vista, CA 91914
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code: (619) 934-3980
N/A
(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:
☐ Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate
by check mark whether the registrant is an emerging growth company
as defined in in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this
chapter).
Emerging growth
company ☑
If an
emerging growth company, indicate by checkmark if the registrant
has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01. Entry into a Material Definitive
Agreement.
On January 10,
2019, Youngevity International, Inc. (the “Company”)
entered into an exclusive agreement with Icelandic Water Holdings
hf. (“IWH”), an Icelandic public limited company (the
“Exclusive Agreement”). Pursuant to the Exclusive
Agreement, for an initial term of three (3) years (and any
extension), the parties agreed to an exclusive marketing
partnership for the cross-promotion of products with dietary
supplements (including CBD) and other products which may be jointly
developed. During the term of the Exclusive Agreement, the parties
intend to jointly develop and market new products, including
dietary supplements and ready to drink CBD products,
children’s drinks, pet products and coffee products. Pursuant
to the Exclusive Agreement, the Company has agreed not to promote
other bottled water products and IWH has agreed not to promote
other supplement products. IWH also agreed to promote the
Company’s products to its customers using e- mail direct
marketing at least twice a year.
The
foregoing description of the terms of the Exclusive Agreement do
not purport to be complete and is subject to, and are qualified in
their entirety by reference to the provisions of such agreement,
the form of which is filed as Exhibit 10.1. to this Current Report
on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and
Exhibits.
(d)
Exhibits
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Exhibit No.
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Name of Exhibit
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Exclusive
Agreement with Icelandic Water Holdings hf., dated January 10,
2019
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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.
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YOUNGEVITY
INTERNATIONAL, INC.
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Date:
January 11, 2019
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By:
/s/ David Briskie
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Name:
David Briskie
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Title:
President and Chief Financial Officer
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