0000950123-21-011887 Sample Contracts

INDEMNIFICATION AND ADVANCEMENT AGREEMENT
Indemnification and Advancement Agreement • August 27th, 2021 • Life Time Group Holdings, Inc. • Services-membership sports & recreation clubs • Delaware

This Indemnification and Advancement Agreement (this “Agreement”) is made as of , 20 by and between Life Time Group Holdings, Inc., a Delaware corporation (the “Company”), and , [a member of the Board of Directors/an officer/an employee/an agent/a fiduciary] of the Company (“Indemnitee”). This Agreement supersedes and replaces any and all previous Agreements between the Company and Indemnitee covering indemnification and advancement.

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EMPLOYEE NON-COMPETITION AGREEMENT
Employee Non-Competition Agreement • August 27th, 2021 • Life Time Group Holdings, Inc. • Services-membership sports & recreation clubs • Minnesota

This Employee Non-Competition Agreement (“Agreement”) is entered into by and between Life Time, Inc., a Minnesota corporation, with its principal place of business located at 2901 Corporate Place in Chanhassen, Minnesota (“Life Time” or the “Company”) and Bahram Akradi (the “Employee”) (the Company and the Employee are collectively referred to as the “Parties”), as of August 18, 2021 (the “Effective Date”).

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