---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-008901"
form_type: "8-K"
ticker: null
cik: "0001162461"
company_name: "CUTERA INC"
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T03:25:36.837871+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cutera settles with Jabil for $19.5M; terminates ZO Skin Health Japan distribution

## Summary
- Settlement with Jabil: $19.5M payment (net $18.2M after $1.3M offset), covers $13.5M inventory, $0.3M equipment, $5.7M compensation.
- ZO Skin Health termination: ZO to pay Cutera $5.75M upfront and up to $5.75M later (by June 14, 2024).
- Distribution termination effective immediately; includes transfer of employees, customer contracts, and inventory to ZO.
- ZO distribution agreement originally expired June 2024; early termination accelerates transition.

## SEC filing metadata
- accession: 0001628280-24-008901
- form_type: 8-K
- cik: 0001162461
- company_name: CUTERA INC
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/0001628280-24-008901-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/cutr-20240305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-008901
- JSON: https://secwatch.observer/filing/0001628280-24-008901.json
- Plain text: https://secwatch.observer/filing/0001628280-24-008901.txt

## Key facts
- Material Agreements
  CUTERA INC terminated Manufacturing Service Agreement with Jabil Inc..
  - Action: termination
  - Agreement: supply
  - Counterparty: Jabil Inc.
  source text: In November 2023, Cutera, Inc. (the “Company”) communicated its intention not to renew its existing manufacturing service agreement (the “Manufacturing Service Agreement”) with Jabil Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/0001628280-24-008901-index.htm
- Material Agreements
  CUTERA INC entered into Business Transfer and Termination Agreement with ZO Skin Health, Inc. and its affiliates valued at $5.75 million (effective 2024-02-28).
  - Action: entry
  - Counterparty: ZO Skin Health, Inc. and its affiliates
  - Value: $5.75 million
  - Effective: 2024-02-28
  source text: On February 28, 2024, the Company and its Japanese subsidiary, Cutera KK, entered into a Business Transfer and Termination Agreement (the “Termination Agreement”) with ZO and its Japanese subsidiary, ZO Skin Health GK
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/0001628280-24-008901-index.htm
- Material Agreements
  CUTERA INC entered into Settlement Agreement with Jabil Inc. valued at $19.5 million (effective 2024-02-28).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Jabil Inc.
  - Value: $19.5 million
  - Effective: 2024-02-28
  source text: On February 28, 2024, the Company and Jabil entered into a settlement agreement related to the non-renewal of the Manufacturing Service Agreement (the “Settlement Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162461/000162828024008901/0001628280-24-008901-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.