LiveWire enters 7-year Master Services Agreement with Harley-Davidson for outsourcing key functions

LiveWire Group, Inc.

LiveWire outsources testing, development, regulatory, IT, HR, and finance services to H-D under 7-year master agreement effective Jan 1, 2025.
H-D may terminate if LiveWire fails to have H-D manufacture at least 40% of LiveWire's production in a calendar year.
The agreement has an initial 7-year term, renewable by mutual consent, replacing the prior services agreement from September 2022.
A joint steering committee will meet annually to plan services and adjust the monthly fee, which is redacted.
LiveWire owns IP in deliverables but grants H-D a non-exclusive license; each party indemnifies the other for IP claims.

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