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Related Party Transactions
9 Months Ended
Jun. 29, 2013
Related Party Transactions  
Related Party Transactions

16.       Related Party Transactions

 

The Company, from time to time, used travel services provided by Heritage Flight, a charter air services company owned by Robert P. Stiller, who previously served on the Company’s Board of Directors and who is a security holder of more than 5% of the Company's Common Stock.  The Company did not incur any expenses for Heritage Flight travel services for the thirteen weeks ended June 29, 2013, and incurred $0.2 million during the thirteen weeks ended June 23, 2012.  During the thirty-nine weeks ended June 29, 2013 and June 23, 2012, the Company incurred expenses of $0.2 million and $0.6 million, respectively.

 

Effective January 1, 2013, the Company entered into a license agreement with Creamer Nation, LLC, an affiliate of Dean Foods (the “Creamer Agreement”).  The Creamer Agreement provides Creamer Nation, LLC with a four-year exclusive license to use the Green Mountain Coffee® brand in connection with refrigerated and shelf stable multi serve and single serve iced coffees and iced lattes and dairy and non-dairy creamers for sale in grocery, convenience, mass merchandise, and club channels.  The Creamer Agreement grants a similar license for the Tully’s® brand on a non-exclusive basis for a three-year term.  The Company will receive royalty income from Creamer Nation, LLC on sales of the licensed products; however has not yet recognized any royalty income related the Creamer Agreement during the thirty-nine weeks ended June 29, 2013.  Barbara Carlini, an employee of Dean Foods, serves on the Company’s Board of Directors.

 

The Company hired Mr. Christian R. Stiller as a Marketing Manager, Southern California, effective June 24, 2013, with a base annual salary of $95,000, target bonus of 10% of his base annual salary and the Company’s retirement and health and welfare benefits.  His employment is at will.  Christian R. Stiller is the son of Robert P. Stiller, who is a security holder of more than 5% of the Company’s Common Stock.