September 16, 2016 Mr. Greg Bartoli Town Sports International, LLC New York, NY 10001 Dear Greg:Separation Agreement • September 21st, 2016 • Town Sports International Holdings Inc • Services-membership sports & recreation clubs
This Separation Agreement (“Agreement”) will confirm our discussions regarding your separation from employment with Town Sports International, LLC and its parents, affiliates and subsidiaries (the “Company”) on mutually agreeable terms as set forth below. You and the Company (collectively, the “Parties”) agree that this Agreement represents the full and complete agreement concerning your separation from employment with the Company.
