0000950134-06-004620 Sample Contracts

Life Time Fitness, Inc. 2004 Long-Term Incentive Plan Incentive Stock Option Agreement
Incentive Stock Option Agreement • March 9th, 2006 • Life Time Fitness Inc • Services-membership sports & recreation clubs • Minnesota

This is an Incentive Stock Option Agreement (the “Agreement”) between Life Time Fitness, Inc., a Minnesota corporation (the “Company”), and the optionee identified above (the “Optionee”) effective as of the date of grant specified above.

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Standard Contracts

Life Time Fitness, Inc. 2004 Long-Term Incentive Plan Restricted Stock Agreement (Employee)
Restricted Stock Agreement • March 9th, 2006 • Life Time Fitness Inc • Services-membership sports & recreation clubs • Minnesota

This is a Restricted Stock Agreement (the “Agreement”) between Life Time Fitness, Inc., a Minnesota corporation (the “Company”), and the recipient identified above (the “Recipient”) effective as of the date of issuance specified above.

Life Time Fitness, Inc. 2004 Long-Term Incentive Plan Restricted Stock Agreement (Non-Employee Director)
Restricted Stock Agreement • March 9th, 2006 • Life Time Fitness Inc • Services-membership sports & recreation clubs • Minnesota

This is a Restricted Stock Agreement (the “Agreement”) between Life Time Fitness, Inc., a Minnesota corporation (the “Company”), and the non-employee director identified above (the “Director”) effective as of the date of issuance specified above.

Life Time Fitness, Inc. 2004 Long-Term Incentive Plan Non-Incentive Stock Option Agreement
Non-Incentive Stock Option Agreement • March 9th, 2006 • Life Time Fitness Inc • Services-membership sports & recreation clubs • Minnesota

This is a Non-Incentive Stock Option Agreement (the “Agreement”) between Life Time Fitness, Inc., a Minnesota corporation (the “Company”), and the optionee identified above (the “Optionee”) effective as of the date of grant specified above.

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