TRANSITION AGREEMENT AND GENERAL RELEASE

Exhibit 10.2

TRANSITION AGREEMENT AND GENERAL RELEASE

This Transition Agreement and General Release (“Agreement”) is entered into by and between ▇▇▇▇▇▇ ▇. ▇▇▇▇ (“Employee”) and LifeVantage Corporation, a Delaware corporation (the “Company” or “Employer”) (together the “Parties”) in consideration for and as condition precedent to Employer providing the transition benefits to Employee as set forth below. It is understood and agreed that Employer is not obligated to provide all of such transition benefits under the terms of the Amended Employment Agreement (as defined below) and that Employer is providing such transition benefits as a direct result of Employee’s willingness to agree to the terms hereof. Certain terms, not otherwise defined herein, shall have the meaning ascribed to them in the Amended Employment Agreement.

In order for this Agreement to become effective, Employee must electronically sign this Agreement before 5:00 pm Mountain Time 21 days from receipt of this Agreement or else it will be irrevocably determined that Employee has decided to not execute this Agreement and this Agreement shall be of no force or effect. This Agreement will become effective only if it has been timely executed by the Employee and the revocation period has expired without revocation by Employee as set forth in Section 14(d) below. By signing below and timely delivering a signed Agreement to Employer, Employee acknowledges and agrees to each of the following terms and conditions:

RECITALS

Employee was an employee of the Company and most recently served as its President and Chief Executive Officer, pursuant to an amended and restated Key Executive Benefits Agreement with the Company effective August 2023 (the “Amended Employment Agreement”).

Employee will resign from his role as President and CEO and director of the Board effective on April 30, 2026. In order to ensure a smooth transition, Employee and Employer agree Employee will continue as an Executive Advisor through September 11, 2026. Employee and Employer mutually agree to terminate Employee’s employment with Employer effective at the end of business on April 30, 2026 (the “Termination Date”) which will mean that Employee will vest in all benefits as if he has completed employment through the end of April 30, 2026.

Notwithstanding such mutual agreement to terminate Employee’s employment with Employer and in consideration of Employee’s timely signature on this Agreement and lapse of the revocation period prescribed herein without revocation of Employee’s signature, Employer shall provide the compensation as set forth in this Agreement.

AGREEMENT

NOW THEREFORE, in consideration of the mutual covenants and conditions set forth below, and intending to be legally bound thereby, Employer and Employee covenant and agree as follows:

Effect of Transition. Employee and Employer acknowledge and agree that Employee is willingly altering his employment title and duties as of April 30, 2026 and that his employment will end as of the Termination Date. Employee shall be deemed to have immediately resigned from all positions as an officer and/or director with the Employer and with any of Employer’s affiliates or subsidiaries on April 30, 2026. Employee authorizes Employer to use the signature machine to facilitate and effectuate the official removal from such positions, designations, and listings as reasonably necessary, both internally and externally. Employer will not use the signature machine for any other purpose without Employee’s express consent. From and after the Termination Date, Employee agrees to not represent himself as being an employee, officer, director, agent, or representative of the Company for any purpose.

Transition Benefits.

Employee is entitled to only his Accrued Pay due Employee for actual work performed up to the Termination Date. In consideration for Employee entering into this Agreement, continuing as an Executive Advisor, Employee shall receive (i) payment of medical premiums, if elected, for up to eighteen months from the Termination Date, (ii) his FY26 Annual Incentive Cash Bonus, at the same rate determined to be earned for all employees by the Board of Directors pro-rated for service during FY26 and paid on the same schedule as all employees, and (iii) the Company agrees that it will not seek reimbursement for any dividends previously paid with respect to any equity awards that are unvested as of the Termination Date.

Employee has been previously granted equity awards, which were granted pursuant to the Employer’s 2017 Long Term Incentive Plan, as amended (the “Plan”). As additional consideration for Employee entering into this Agreement, Employee will remain eligible to vest during the Transition Term the following equity awards, subject to Employee’s continued compliance with his obligations under the Agreement, including Employee continuing to provide Executive Advisor services during the Transition Term, as requested: (i) shares subject to his FY26 PRSU-FY26 Performance Period, FY25 PRSU-FY26 Performance Period, and FY24 PRSU-FY26 Performance Period equity awards, all pro-rated for service during FY26 at the same performance determined to be earned for all employees by the Board of Directors vesting as described in each award agreement governing such equity awards, and (ii) 15,060 shares subject to his FY26 RSU award all pro-rated for service during FY26 vesting as described in each award agreement governing such equity awards. For purposes of clarification, Employee will not be eligible to vest any other equity awards (except those listed in (i) and (ii) above) after his Termination Date, notwithstanding anything to the contrary in any award agreement governing such equity awards, and such equity awards will expire and terminate, to the extent unvested, as of the Termination Date. Employee’s options to purchase shares of Employer’s Common Stock, to the extent vested as of the Termination Date will remain exercisable following the Termination Date in accordance with the Plan and the applicable stock option agreements. Following the Termination Date and until the end of the Transition Term (as defined below), Employee covenants and agrees to manage any selling activity with respect to the Company’s common stock such that he will not sell or cause to be sold more than 20,000 shares of the Company’s common stock during any trading day. Employee will remain bound by the Corporate Governance Guidelines through his Termination Date.

Executive Advisor Role Transition Term. In consideration of the transition benefits set forth in this Section 2, Employee hereby agrees to provide Executive Advisor services on an as needed basis through September 11, 2026 (the “Transition Term”) in order to assist in promoting a smooth transition of his duties to employees designated by Employer’s Chairman of the Board of Directors or acting or then-current President or Chief Executive Officer. Employee agrees and understands that he will provide these Executive Advisor services as an independent contractor. Anticipated Executive Advisor services will include, but are not limited to:

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Smoothly transitioning to Company all consultant relationships, including Presidential Consultants and Field Advisory Board relationships;

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Smoothly transitioning to Company investor relationships; and

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Smoothly transitioning any and all business and responsibilities to the Company and to Employee’s replacement.

Employee agrees and understands that he will provide these Executive Advisor services during his employment and through the Transition Date. Employee may provide these Executive Advisor services from his residence, unless requested by ▇▇▇▇▇▇▇▇’s Chairman of the Board of Directors or acting or then- current President or Chief Executive Officer, or his or her designee, to travel within the United States, or appear in the Employer's offices or events, in the ordinary course of completing assignments, which the Employer may assign with reasonable notice and expectations consistent with Employee's experience and expertise. Employer will reimburse Employee for all reasonable expenses incurred in performing his duties under this Agreement; provided that Employee has obtained prior approval from Employer’s Chairman of the Board of Directors or acting or then-current President or Chief Executive Officer or his or her designee for such expenses.

Litigation Support. In consideration of the transition benefits set forth in Section 2 above, Employee hereby agrees to participate, as requested, in any of Employer’s legal matters that were ongoing as of the Termination Date or that may arise in the future and relate to matters alleged to have occurred during the time period during which Employee served as the Company’s President and Chief Executive Officer and Board director (the “Legal Matters”). Such participation may include, without limitation, interviews with attorneys, depositions, acting as a witness and legal discovery. Employee agrees that, as requested by ▇▇▇▇▇▇▇▇’s Board of Directors, the Chairman of the Board of Directors or its then-current President or Chief Executive Officer, Employee will travel within the United States to perform these duties. Employer shall give reasonable notice for any such travel. Employer will reimburse Employee for all reasonable expenses incurred in performing his duties under this Section, provided that Employee has obtained prior approval from Employer’s then-current President or Chief Executive Officer or his or her designee for such expenses. Employer will also continue to support and participate in Employee’s defense in the Legal Matters, to the extent Employee is personally named in such Legal Matters.

Communications. Employee hereby agrees that any communications, written or oral, regarding his service at Employer and his departure therefrom shall be wholly consistent with messaging provided by Employer. Employee agrees that he will not proactively communicate with investors, employees, consultants (formerly known as distributors), customers, contractors, or vendors regarding his departure, but will respond appropriately to any inquiries with respect thereto by responding with messaging consistent with Employer’s messaging.

Release and Covenant Not to Sue. In exchange for the transition benefits set forth in Section 2 above, to the fullest extent permitted by applicable law, Employee, on behalf of himself and his respective heirs, family members, executors and assigns, hereby fully and forever unconditionally releases and discharges Employer, all of its past, present and future parent, subsidiary, affiliated and related corporations, their predecessors, successors and assigns, together with their divisions and departments, and all past or present officers, directors, employees, insurers, attorneys and agents of any of them (hereinafter referred to collectively as "Releasees"), and Employee covenants not to sue or assert against Releasees in any forum, for any purpose, any or all claims, administrative complaints, demands, actions and causes of action, of every kind and nature whatsoever, whether at law or in equity, and both negligent and intentional, including but not limited to any arising from or in any way related to Employee's employment or separation from Employer, based in whole or in part upon any act or omission, occurring on or before the date of this general release, without regard to Employee's present actual knowledge of the act or omission, which Employee may now have, or which he, or any person acting on Employee's behalf may at any future time have or claim to have, including specifically, but not by way of limitation, matters which may arise at common law or under federal, state or local laws, including but not limited to:

Any and all claims relating to or arising from Employee’s employment relationship or director relationship with the Company and the termination of those relationships;

Any and all claims for wrongful discharge of employment, termination in violation of public policy, breach of contract, both express and implied, breach of a covenant of good faith and fair dealing, promissory estoppel, negligent or intentional infliction of emotional distress, negligent or intentional misrepresentation, negligent or intentional interference with contract or prospective economic advantage, unfair business practices, defamation, libel, slander, negligence, personal injury, assault, battery, invasion of privacy, false imprisonment, and conversion;

Any and all claims for violation of any federal, state or municipal statute including but not limited to the Fair Labor Standards Act, the Employee Retirement Income Security Act, the National Labor Relations Act, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Age Discrimination in Employment Act, the Americans with Disabilities Act, the Equal Pay Act, the Family and Medical Leave Act, the Older Workers Benefits Protection Act, the Employee Retirement Income Security Act, the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act, the Occupational Safety and Health Act, the Utah Payment of Wages Act, the Utah

Antidiscrimination Act, the Utah Labor Code and any other state or federal laws, excepting only any claim for worker's compensation, unemployment compensation, COBRA rights, and any vested rights under any ERISA benefit plan; and

Any and all claims arising out of any other laws and regulations, including attorneys’ fees and costs.

Employee does not waive or release any rights arising after the date of execution of this Agreement, subject to Section 2.d(iii). Employee agrees that the release set forth in this section shall be and remain in effect in all respects as a complete general release as to the matters released. This release does not extend to any obligations incurred under this Agreement. This release does not release claims that cannot be released as a matter of law, including, but not limited to, workers’ compensation or unemployment benefits claims. Employee represents that Employee has made no assignment or transfer of any right, claim, complaint, charge, duty, obligation, demand, cause of action, or other matter waived or released by this section.

Protected Activity. Nothing in this Agreement is intended to or will be used in any way to limit your communications with any government agency, as provided for, protected under, or warranted by applicable law, including, but not limited to, filing a charge, raising concerns about illegal conduct, or participating in an investigation before any government agency, the Equal Employment Opportunity Commission, any state or local agency, or the National Labor Relations Board. Additionally, nothing in this Agreement precludes you from initiating communications directly with, responding to any inquiry from, making disclosures that are protected under the whistleblower provisions of federal law or regulation, or providing testimony before the Department of Justice, the Securities and Exchange Commission, Congress, any agency Inspector General, FINRA (formerly the National Association of Securities Dealers, Inc.), or any other self-regulatory organization or state or federal regulatory authority. By signing this Agreement, however, Employee agrees to waive the right to receive future monetary recovery from the Company, including any potential payments that result from any complaints or charges that Employee or any other employee files with any governmental agency or that are filed on Employee’s behalf. Nothing in this Agreement prevents or prohibits Employee from providing truthful testimony in response to any validly issued and served subpoena from a court or other governmental agency.

Protection of Confidential Information. Employee hereby acknowledges that Employee remains subject to and agrees to abide by any and all existing duties and obligations respecting confidential and/or proprietary information of Employer, including any Confidentiality Agreement as referenced in Section 6 of the Amended Employment Agreement.

Confidentiality of Agreement. Subject to section 7 above, Employee agrees to keep the facts and terms of this Agreement confidential, except Employee may disclose the substance of this Agreement to his spouse, legal counsel, and financial or tax advisor, upon condition that such persons be advised by Employee of employee's confidentiality obligations hereunder and advise such persons that any disclosure by them will be deemed a disclosure by Employee.

Return of Company Property. Employee represents that he has returned to Employer, and has not retained, all of Employer's property, including documents, data (and any copies thereof), equipment, computer equipment, video equipment, audio equipment and cameras of any nature and in whatever medium, including all Employer data, files and images that are stored on Employee’s personal computers and equipment. Employee also represents that he has returned to Employer any building key(s), security cards, credit cards and any information he has regarding the Employer's practices, procedures, trade secrets, customer or consultant (formerly known as distributors) lists or employee lists. Employer agrees Employee can keep his company issued laptop upon termination after returning it to the Company for IT inspection and removal of all Company information. Employee understands and agrees that any outstanding expense reports that Employee intends to complete must be submitted to Employer within thirty (30) days of the Termination Date.

10.

No Cooperation. Subject to section 5 above, Employee further agrees that he will not in any manner encourage, counsel, participate in or otherwise assist any other party in the presentation or prosecution

of any disputes, differences, grievances, claims, charges or complaints by any third party against any of the Releasees, unless Employee is legally required to participate in any such matter pursuant to an enforceable subpoena or other court order to do so. Employee also agrees both to immediately notify the Employer’s Board of Directors upon receipt of any such subpoena or court order, and to furnish, within three (3) business days of its receipt, a copy of such subpoena or other court order to the Employer’s Board of Directors. If approached by anyone for counsel or assistance in the presentation or prosecution of any disputes, differences, grievances, claims, charges, or complaints against any of the Releasees, Employee shall state no more than that Employee cannot provide any counsel or assistance.

11.

Mutual Non-Disparagement. Subject to Section 6 above, Employee hereby acknowledges and agrees to not make or publish any negative or disparaging comments whatsoever about Employer, its products or services, or any of its directors, officers, employees, independent consultants (formerly known as distributors), agents, vendors, or contractors, except as expressly required by applicable law. Employer agrees to direct its current executives and directors to not make any negative or disparaging comments about Employee, except as expressly required by applicable law. This obligation includes verbal or written statements made by or caused to be published by Employer’s current executives or directors or Employee in any forum or through any medium, including every social media platform and electronic medium.

12.

Non-Competition and Non-Solicitation. Employee hereby acknowledges and agrees to abide by any and all existing duties and obligations regarding non-competition and solicitation of Employer’s employees, independent consultants (formerly known as distributors), customers, agents and consultants, including those set forth in Section 11 of the Amended Employment Agreement.

13.

Obligation to Honor Covenants in the Amended Employment Agreement. Employee acknowledges and agrees that Employee remains bound by and is obligated to honor and fulfill all of Employee’s covenants and obligations in the Amended Employment Agreement, without regard to whether such covenants and obligations are rehearsed or referenced in this Agreement, including, without limitation the covenants delineated in Sections 11 and 12 of the Amended Employment Agreement.

14.

Compliance with Older Workers Benefits Protections Act.

Employer hereby advises Employee in writing, and Employee acknowledges and represents that Employee is hereby advised to consult with an attorney of his own choice prior to executing this Agreement. Employee acknowledges and represents that Employee has had the opportunity to consult with an attorney before signing this Agreement, and Employee either has done so, or has voluntarily chosen not to consult with an attorney. Employee acknowledges and represents that this Agreement is written in a manner which is understandable and that this Agreement is entered into under Employee’s own free will and without duress or coercion from any person or entity.

Employee acknowledges and agrees that the release of claims under the Age Discrimination in Employment Act contained in this Agreement is given by Employee in exchange for consideration provided by this Agreement which is in addition to anything of value to which Employee would otherwise be entitled without this Agreement. Employee does not waive any rights or claims that may arise after the execution date of this Agreement.

Employer hereby informs Employee in writing, and Employee acknowledges and represents that Employee has been informed that Employee has twenty-one (21) days within which to consider this Agreement and that this Agreement will remain available for acceptance by Employee for this twenty-one day period, commencing on the date this Agreement is provided to Employee, as indicated in the second paragraph of this Agreement. Employee may accept this Agreement by signing the Agreement electronically through the signing system designated by the Company within the 21-day consideration period.

Employer hereby informs Employee in writing, and Employee acknowledges and represents that Employee has been informed that Employee has the right to rescind this Agreement for a period of seven (7) days following the date upon which Employee executes this Agreement. Should Employee choose to

exercise this right, Employee agrees that any such notice must be provided to and received by Employer in writing prior to lapse of the seven-day revocation period. Any such revocation must be in writing and delivered by certified mail to ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, CPO, ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇ ▇▇ ▇▇▇▇▇.

It is understood and agreed by the Parties hereto that if Employee timely exercises Employee’s right of revocation, Employer shall have no obligations to Employee whatsoever under the Amended Employment Agreement or this Agreement and that all of the obligations, representations and warranties made by Employer in this Agreement shall be null and void.

GENERAL PROVISIONS

15.

Compliance with Code Section 409A. This Agreement is intended to comply with the applicable requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and shall be limited, construed and interpreted in a manner so as to comply therewith. Each payment made pursuant to any provision of this Agreement shall be considered a separate payment and not one of a series of payments for purposes of Code Section 409A. While it is intended that all payments and benefits provided under this Agreement to Employee will be exempt from or comply with Code Section 409A, Employer makes no representation or covenant to ensure that the payments under this Agreement are exempt from or compliant with Code Section 409A. Employer will have no liability to Employee or any other party if a payment or benefit under this Agreement is challenged by any taxing authority or is ultimately determined not to be exempt or compliant. In addition, if upon the Termination Date, Employee is then a “specified employee” (as defined in Code Section 409A), then solely to the extent necessary to comply with Code Section 409A and avoid the imposition of taxes under Code Section 409A, Employer shall defer payment of “nonqualified deferred compensation” subject to Code Section 409A payable as a result of and within six (6) months following the Termination Date until the earlier of (i)the first business day of the seventh (7th) month following the Termination Date or (ii) ten (10) days after Employer receives written confirmation of Employee’s death. Any such delayed payments shall be made without interest.

16.

No Admission. The Parties expressly agree and acknowledge that this Agreement cannot be construed as an admission of or evidence of wrongdoing with respect to the termination of Employee’s employment, nor is it an admission of or evidence that Employee or any employee of Employer is other than an at-will employee.

17.

Non-Assignment of Rights. Employee warrants that he has not assigned or transferred any right or claim described in the general release above.

18.

Authority. The Company represents and warrants that the undersigned has the authority to act on behalf of the Company and to bind the Company and all who may claim through it to the terms and conditions of this Agreement. Employee represents and warrants that Employee has the capacity to act on Employee’s own behalf and on behalf of all who might claim through Employee to bind them to the terms and conditions of this Agreement. Employee warrants and represents that there are no liens or claims of lien or assignments in law or equity or otherwise of or against any of the claims or causes of action released herein.

19.

No Reliance on Extraneous Information. Employee acknowledges that, in signing this Agreement, Employee is not relying on any information provided to Employee by Employer, nor is Employee relying upon Employer to provide any information other than as contained in this Agreement. Neither Party has relied upon any representations or statements made by the other Party hereto which are not specifically set forth in this Agreement.

20.

Modification. No provision of this Agreement shall be amended, waived or modified except by an instrument in writing signed on the Company’s behalf by its Chairman of the Board of Directors and by Employee.

21.

Voluntary Execution. Employee hereby represents that Employee has read and understands

the contents of this Agreement, that no representations other than those contained herein have been made to induce Employee or to influence Employee to execute this Agreement, but that Employee executes this Agreement knowingly and voluntarily, after having been advised to seek independent legal counsel of Employee's own choosing.

22.

Severability and Modification. In the event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Agreement shall be modified to terms most consistent with the intent of the Parties as manifested in the current provision but modified to the extent permitted by law such that the provision is legal and enforceable. If the provision cannot be so modified, then the provision shall be severed from this Agreement and the remainder of the Agreement shall continue in full force and effect without said provision.

23.

Integration. This Agreement contains the entire agreement and supersedes all prior agreements between the Parties relating to the subject matter hereto. This Agreement shall not be amended or otherwise modified in any manner except in a writing executed by the Parties hereto. The Parties further acknowledge that they are not relying on any information or representations other than those recited in this Agreement.

24.

Rights of Non-Parties. All persons or entities against whom claims are released or waived by this Agreement are either party to or intended beneficiaries of this Agreement and shall have the same right and ability to enforce the release or waiver provided by this Agreement as though a party and signatory hereto.

25.

Governing Law; Arbitration. This Agreement shall be subject to the same provisions of governing law and arbitration as set forth in Section 7 of the Amended Employment Agreement. Employee hereby acknowledges and agrees to the exclusive jurisdiction of the courts located in the State of Utah for any matter related to this Agreement and agrees that in all cases, this Agreement shall be interpreted according to the laws of the State of Utah, without regards to conflict of laws provisions.

26.

Attorney's Fees. In any action to interpret or enforce the terms of this Agreement, the prevailing Party shall be entitled to recover its costs, including reasonable attorney's fees, in addition to any other relief to which such Party may be entitled.

27.

Binding Against Heirs. This Agreement is binding upon the Parties hereto and their heirs, successors and assigns.

28.

Non-Waiver. No failure to exercise or enforce or delay in exercising or enforcing, or partial exercise or enforcement of, any right, obligation or commitment under this Agreement shall constitute a waiver thereof, nor shall it preclude any other or further exercise or enforcement of any right, obligation or commitment under this Agreement.

29.

Signature by Counterparts. This Agreement may be executed in two or more counterpart(s), each of which shall be valid and enforceable as an original signature as though all original signatures had been obtained on the signature page of this Agreement.

30.

Electronic Signatures. The Parties agree that full execution of this Agreement by standard electronic signature software and/or by exchanging PDF signatures shall have the same legal effect, validity, and enforceability as manually executed signatures, and that in any proceeding arising under or relating to this Agreement, each Party hereby waives any right to raise any defense or waiver based upon execution of this Agreement by means of such electronic signatures or maintenance of the executed Agreement electronically.

31.

Incorporation of Recitals. The recitals set forth on page 1 hereof are hereby made a part of this Agreement and are incorporated by this reference.

ACCEPTED AND AGREED:

_/s/ ▇▇▇▇▇▇ ▇. Fife__________________________________

▇▇▇▇▇▇ ▇. ▇▇▇▇

Date:

LIFEVANTAGE CORPORATION:

_/s/ ▇▇▇▇▇▇▇ ▇. Greer___________________________________

▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Chairman of the Board

Date:

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TRANSITION AGREEMENT AND GENERAL RELEASE

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