secwatch.observer — SEC 8-K summary
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Issuer:     LiveWire Group, Inc. (LVWR)
CIK:        0001898795
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0001898795-24-000327
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898795/000189879524000327/0001898795-24-000327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898795/000189879524000327/lvwr-20241223.htm
  HTML page:      https://secwatch.observer/filing/0001898795-24-000327

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