0001683168-23-001804 Sample Contracts

RESTRICTED STOCK UNIT AGREEMENT LIFEWAY FOODS, INC.
Restricted Stock Unit Agreement • March 27th, 2023 • Lifeway Foods, Inc. • Dairy products • Illinois

This Agreement is made as of April 27, 2022 and is by and between Lifeway Foods, Inc., an Illinois corporation (the “Company”) and Jason Scher (“Director”), a non-employee director.

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Amendment to Settlement Agreement
Settlement Agreement • March 27th, 2023 • Lifeway Foods, Inc. • Dairy products

This Amendment to the Settlement Agreement, dated November 7, 2022 (including all exhibits hereto, this “Amendment”), is by and among Lifeway Foods, Inc. (the “Company”) on the one hand and Edward Smolyansky (“Mr. Smolyansky”) and Ludmila Smolyansky (“Mrs. Smolyansky” and, together with Mr. Smolyansky, the “Shareholders”) on the other hand (each, a “Party” and, collectively, the “Parties”).

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