EXECUTIVE SEVERANCE AGREEMENT – SCOTT MILFORDExecutive Severance Agreement • March 16th, 2010 • Town Sports International Holdings Inc • Services-membership sports & recreation clubs • New York
Executive Severance Agreement, dated as of December 7, 2009 (this “Agreement”), between Town Sports International, LLC (the “Company”) and Scott Milford (the “Executive”).
TOWN SPORTS INTERNATIONAL, LLC 5 PENN PLAZA NEW YORK, NY 10001 As of December 7, 2009Separation Agreement • March 16th, 2010 • Town Sports International Holdings Inc • Services-membership sports & recreation clubs • New York
This letter agreement (the “Agreement”) confirms the terms that Town Sports International, LLC (the “Company”) is offering you in connection with your resignation from the employ of the Company and its affiliates and from all officer and other positions that you currently hold with the Company and its affiliates, including Town Sports International Holdings, Inc. (“TSI Holdings”).
