TERMINATION AND RELEASE AGREEMENTTermination and Release Agreement • May 1st, 2002 • Usana Health Sciences Inc • Medicinal chemicals & botanical products • Utah
This TERMINATION AND RELEASE AGREEMENT (“Termination Agreement”), is made and entered into this 11th day of April, 2002, by and among USANA Health Sciences, Inc., a Utah corporation (“USANA”), USANA Acquisition Corp., a Utah corporation (“Acquisition Sub”), and Gull Holdings, Ltd., an Isle of Man corporation and the sole shareholder of Acquisition Sub (“Gull”). USANA, Acquisition Sub, and Gull are sometimes collectively referred to herein as the “Parties.” Defined terms not otherwise defined in this Termination Agreement shall have the meaning set forth in the Asset Purchase Agreement (as defined below).
