LifeVantage is pleased to present you the opportunity to become part of an elite circle of dedicated corporate owners. Ownership puts you in the driver's seat of a company whose potential is clearly stated in its flagship product's singular position and three impressive patents.

The exclusive LifeVantage Ownership Circle is comprised of members who have proven themselves through persistent effort and leadership. As a member of the Ownership Circle, you have the potential to earn up to 20,000 options to purchase LifeVantage stock. Once granted, your stock options will be Non-Qualified Stock Options ("NSO") with an exercise price per share equal to the closing price of the Common Stock of LifeVantage on the date of grant and vest immediately. The stock option grants will have a term of 10 years from the date of grant, subject to your continued service to the Company.

Admission to the Ownership Circle begins at a Paid Rank Distributor Level of Pro 5 and a monthly commissionable volume (CV) of $20,000 (the "Minimum Distributor Eligibility Level"). A distributor must reach and maintain the Minimum Distributor Eligibility Level for a period of three consecutive months (the "Eligibility Period") in order to be eligible for an initial stock option grant. At each incremental rank a distributor is eligible to earn additional options to purchase LifeVantage stock-with a maximum cumulative award of options to purchase 20,000 shares of LifeVantage stock!

Congratulations to the first, founding members of the Ownership Circle:

Jason Domingo Tyler Daniels Marcell Niederhauser Burke Hedges Jan Strode Jean Golden Marc Shinsato Seth Mulder

Nathan Elam Lori Frank Steve Ossello Dawn Earl Gary Campbell Jr. Eric Albrechtsen John Raichert Douglas Nodland