Instantly Ageless terminate Jeunesse contract over unpaid royalties

One of Jeunesse’s most recognizable products is Instantly Ageless. Marketed as an anti-aging “micro cream”, Instantly Ageless is manufactured by Anti Age Technologies LLC.

Following allegations that
Jeunesse
has “committed several uncured material breaches of the Agreement” between the two companies, on April 3rd, 2017, Anti Age Technologies
wrote to Jeunesse
to advise they were terminating the agreement.

The beef between Anti Age Technologies and Jeunesse appears to have been brewing, with Anti Age Technologies claiming to have sent “numerous demand letters” to the company.

Anti Age Technologies allege Jeunesse owes them royalty payments,

however Jeunesse failed to make the appropriate payments to Instantly Ageless on several occasions.

The payment beef allegedly stems from Jeunesse’s decision to focus on selling Instantly Ageless sachets instead of vials.

This, Anti Age Technologies allege, resulted in royalties decreasing over time.

The royalties decreased due to, among other things, Jeunesse’s unilateral decision to sell sachets instead of vials despite the parties’ clear intent to sell vials as evidenced by the royalty units on Exhibit A to the Agreement.

Instantly Ageless requested information from Jeunesse by Demand dated August 18, 2015 to better understand the insufficient royalties being paid.

The only information Jeunesse has provided to date is an inaccurate Form 1099 showing a payment of royalties to Instantly Ageless which is less than what has actually been received, thereby demonstrating Jeunesse’s inaccurate retention of pertinent information.

According to Anti Age Technologies, the matter has remained unresolved since 2015.

Jeunesse never cured the breaches. Instantly Ageless put Jeunesse on notice of its material breaches by Demand dated March 24, 2016 with an opportunity to cure 23, 2016 and by the Demand dated May 4, 2016 with an opportunity to cure by June 3, 2016.

Jeunesse has defaulted under Section 6. The Agreement is hereby terminated.

Anti Age Technologies are also upset at what they see as appropriation of their product formula without due compensation.

Jeunesse is making an eye firming gel product (called Luminesce Eye Firming Gel) which is substantially the same formulation of the Licensed Products of Instantly Ageless.

Jeunesse’s production and sale of a product with substantially the same formulations as the Licensed Products of Instantly Ageless which are improperly labeled as Jeunesse’s product, without making the royalty payments due to Instantly Ageless, is a material breach of the Agreement.

Jeunesse stands accused of ‘
sharing product formulas with manufacturers who were not approved by Instantly Ageless
‘.

Anti Age Technologies are demanding Jeunesse pay them past due royalty payments.

In the event litigation is commenced, Instantly Ageless will sue for all royalties owed.

Another point of contention is the agreement stipulating that Jeunesse are only allowed to ‘
market the Instantly

🤖 Quick Answer

What is Instantly Ageless and who manufactures it?

Why did Anti Age Technologies terminate its contract with Jeunesse?
Anti Age Technologies terminated the agreement with Jeunesse on April 3rd, 2017, citing uncured material breaches. The company claimed Jeunesse failed to make royalty payments on multiple occasions despite sending numerous demand letters.

What was the primary dispute between Anti Age Technologies and Jeunesse?
The primary dispute concerned unpaid royalty payments. Anti Age Technologies alleged that Jeunesse owed substantial royalties for Instantly Ageless but consistently failed to make the required payments, leading to the contract termination.

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