Item 1.01. Entry into a Material Definitive Agreement.
On
Under the Agreement, Premier Nutrition is required to purchase a minimum
quarterly order volume of RTD protein shakes and has the right (but not the
obligation) to order quantities in excess of a monthly minimum amount (which is
the minimum quarterly order volume divided by three). Stremicks is obligated
under the agreement to produce RTD protein shakes in an amount at least equal to
the minimum quarterly order volume and may approve or reject in its sole
discretion orders from Premier Nutrition for quantities in excess of the monthly
minimum. The Agreement contains limits, measured as a percentage of total
production at certain Stremicks facilities, on the amount of RTD protein shake
packages that may be produced at such facilities. The Agreement also contains
detailed provisions regarding the product specifications and quality standards
for the products to be manufactured and packaged by Stremicks, the tolling
charges for each item produced (and certain other costs) to be paid by Premier
Nutrition (and related payment terms), shipping and storage obligations, the
rights of a party in the event the other party does not comply with its
obligations under the agreement (including as to minimum purchase and production
amounts), procedures for changing the minimum order volume and other customary
contractual terms and conditions. The Agreement expires on
The foregoing description of the Agreement does not purport to be complete and
is qualified in its entirety by reference to such agreement, which the Company
expects to file as an exhibit to its Quarterly Report on Form 10-Q for the
quarter ending
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description Cover Page Interactive Data File (the cover page iXBRL tags are 104 embedded within the Inline XBRL document)
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date:December 21, 2022 BellRing Brands, Inc. (Registrant) By: /s/Craig L. Rosenthal Name :Craig L. Rosenthal Title: SVP, General Counsel and Secretary
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