Polomar Health Services Extends Distribution Agreement With ForHumanity and Island Group 40

Reuters12-13
<a href="https://laohu8.com/S/PMHS">Polomar Health</a> Services Extends Distribution Agreement With ForHumanity and Island Group 40

Polomar Health Services Inc. has announced the execution of a second amendment to its Amended and Restated Product Fulfillment and Distribution Agreement with ForHumanity, Inc. and Island Group 40, LLC. The amendment extends the initial exclusivity period to June 30, 2025, and allows for termination of the agreement if certain minimum average monthly sales targets are not met between January 1, 2026, and July 31, 2026. The amendment also provides for an extension of exclusivity through December 31, 2026, if the company receives at least $1,750,000 in revenues from ForHumanity by June 30, 2026, and through June 30, 2027, if total revenues reach $5,000,000 for the calendar year ending December 31, 2026. The payment schedule has been updated, with $100,000 due on or before December 8, 2025, $200,000 on or before December 29, 2025, and $200,000 on or before January 12, 2026. The company has acknowledged receiving $350,000 of the total $750,000 in guaranteed payments due under the agreement.

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