-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AKdGNX8uJ50kQd3Y28MDNocuea5N9Uphi0rJzg+HoRDxtnDgLvGPZX95Ct+ThW1I fx76TuCbW/8Cg506B/Ywgg== 0001021561-10-000070.txt : 20100707 0001021561-10-000070.hdr.sgml : 20100707 20100707172414 ACCESSION NUMBER: 0001021561-10-000070 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100630 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20100707 DATE AS OF CHANGE: 20100707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NU SKIN ENTERPRISES INC CENTRAL INDEX KEY: 0001021561 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] IRS NUMBER: 870565309 STATE OF INCORPORATION: DE FISCAL YEAR END: 1208 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12421 FILM NUMBER: 10942668 BUSINESS ADDRESS: STREET 1: 75 WEST CENTER ST STREET 2: ATTN: D. MATTHEW DORNY CITY: PROVO STATE: UT ZIP: 84601 BUSINESS PHONE: 801-345-6100 MAIL ADDRESS: STREET 1: 75 WEST CENTER ST STREET 2: ATTN: D. MATTHEW DORNY CITY: PROVO STATE: UT ZIP: 84601 FORMER COMPANY: FORMER CONFORMED NAME: NU SKIN ASIA PACIFIC INC DATE OF NAME CHANGE: 19960919 8-K 1 k8-lease.htm TERMINATION OF LEASES k8-lease.htm
 
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 
June 30, 2010
  
 
Date of Report (Date of earliest event reported)
  
 
 
NU SKIN ENTERPRISES, INC.
  
 
(Exact name of registrant as specified in its charter)
  
Delaware
  
 
 
001-12421
  
87-0565309
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(IRS Employer Identification Number)
 
 
75 West Center Street
Provo, UT 84601
  
 
(Address of principal executive offices and zip code)
  
 
 
(801) 345-1000
  
 
(Registrant’s telephone number, including area code)
  
 
 
N/A
  
 
(Former name or former address, if changed since last report)
 
  

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
□      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
□      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
□
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
□
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))
 

 
 
 

Item 1.02             Termination of a Material Definitive Agreement
Nu Skin Enterprises, Inc. (the “Company”) leases its corporate offices, distribution center, and certain other property pursuant to a master lease agreement with each of two entities, Scrub Oak, Ltd. and Aspen Country LLC, owned by the following executive officers, directors, 5% or greater stockholders, and immediate family members: Blake M. Roney, Sandra N. Tillotson, Steven J. Lund, and Brooke B. Roney.

Pursuant to the terms of these master lease agreements, the Company’s lease renewal options with respect to each of the leased properties is automatically exercised unless the Company provides written notice of the Company’s election not to exercise a lease renewal option at least 365 days prior to the date on which the term of the lease would otherwise expire. On June 30, 2010, the Company provided notice of non-renewal with regard to two of the leased properties, for which the Company incurred lease charges totaling approximately $402,000 in 2009.  On June 30, 2010, the Company also provided notice that it intended to renegotiate the term of a third property, for which the Company incurred lease charges totaling approximately $125,000 in 2009. The Company did not incur any costs or fees in connection with these non-renewal elections. The master lease agreements remain in effect as to all other properties leased thereunder.


 
 
 

SIGNATURE
 
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 hereunto duly authorized.
 
NU SKIN ENTERPRISES, INC.
(Registrant)



/s/ D. Matthew Dorny 
D. Matthew Dorny
Vice President
Date:  July 7, 2010
 

 

 

 
 
 

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