Lifevantage Corporation (LFVN)

[IPO$]

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On August 21, 2014, the board of directors of LifeVantage Corporation (the "Company") approved changes to the fiscal year 2015 annual incentive plan (the "FY2015 Annual Incentive Plan"). The terms of the FY2015 Annual Incentive Plan remain substantially consistent with the descriptions set forth in the Company's current report on Form 8-K filed with the Securities and Exchange Commission on May 28, 2014, subject to the following modifications: (i) the maximum eligible bonus amount is limited to the 100% target bonus amount set forth in the Company's previously filed Form 8-K, and (ii) the achievement of corporate goals will be determined by reference to the Company's diluted income per common share for the fiscal year and not the Company's revenue and earnings before interest, taxes, depreciation and amortization.