PetVivo amends MWI distribution agreement; moves to non-exclusive for one year

PetVivo Holdings, Inc.

First Amendment to Distribution Services Agreement with MWI Veterinary Supply, effective Jan 1, 2024.
MWI had exceeded minimum sales requirements and received performance rebates for maintaining exclusivity.
Parties mutually agreed MWI becomes non-exclusive distributor of Spryng and other products for one year from Jan 1, 2024.
Amendment also modifies certain pricing and other financial terms, effective Jan 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PetVivo Holdings, Inc. amended First Amendment to Distribution Services Agreement with MWI Veterinary Supply Company (effective 2023-12-13).

Action: amendment
Agreement: supply
Counterparty: MWI Veterinary Supply Company
Effective: 2023-12-13

Exact text from the filing

PetVivo Holdings, Inc. (the “Company”) entered into a First Amendment to Distribution Services Agreement (the “First Amendment”) with MWI Veterinary Supply Company (“MWI”) on December 13, 2023

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PetVivo Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-045424

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