Joe Lauzon will face Terry Etim in his next outing.

A source tells Fighters Only that the two lightweights have verbally agreed to meet on the UFC on FOX 4 card taking place in Los Angeles on August 4.

Lauzon is coming off a KO loss to Anthony Pettis at UFC 144 in February this year. The fight took place in Japan and lasted 1:21 before Pettis was able to find the finishing head-kick which dropped Lauzon and ended the bout.

Etim is also coming off a head-kick KO loss. His was inflicted by Edson Barboza in Brazil late last year. The fight went three rounds before Barboza launched a spinning heel-kick which landed on Etim’s temple and made for a spectacular highlight-reel finish.

Both Etim and Lauzon are 2-2 in their last four outings and 1-1 in their last two. Both their recent wins also came by way of quick finishes - Lauzon scored a rear-naked choke on Melvin Guillard in 46 seconds at UFC 136 while Etim landed a guillotine on Edward Faaloloto in just 17 seconds at UFC 138 in October.

The UFC on FOX 4 fight will be televised.