In a regulatory filing last night, Celsius Holdings (CELH) disclosed that the company entered into an amendment to its distribution agreement dated August 1, 2022 with PepsiCo (PEP) as the distributor, pursuant to which the company will provide the distributor with an incentive program, as set forth in the amendment, designed to incentivize and compensate the distributor for its continued focus on and actions to support the licensed products in the territory, as such terms are defined in the agreement.
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