AGREEMENT AND GENERAL RELEASESeparation Agreement • February 28th, 2024 • Life Time Group Holdings, Inc. • Services-membership sports & recreation clubs • Minnesota
This Agreement and General Release (this “Agreement”), effective as of December 31, 2023 (the “Effective Date”), is between Jeffrey G. Zwiefel (“you”) and Life Time Group Holdings, Inc. and its affiliates and subsidiaries (collectively, the “Company”). Collectively, you and the Company are referred to herein as “the Parties.” In consideration of the mutual promises contained in this Agreement, the Parties agree as follows:
CONSULTING AGREEMENTConsulting Agreement • February 28th, 2024 • Life Time Group Holdings, Inc. • Services-membership sports & recreation clubs • Minnesota
This Consulting Agreement (this “Agreement”), between Life Time, Inc., a Minnesota corporation with its principal offices located at 2902 Corporate Place, Chanhassen, MN 55317 (together with its parents, affiliates and subsidiaries, “Life Time” or the “Company”), and Jeffrey G. Zwiefel, having a mailing address of 1051 West 82nd Street, Chaska, MN 55318 (“Consultant” and together with Life Time, Inc., collectively, the “Parties” and individually, a “Party”), determines the rights and obligations of the Parties for the services provided to Life Time hereunder and is effective as of December 31, 2023 and simultaneous with the termination of Consultant’s employment with the Company (the “Effective Date”). For purposes of clarity, Consultant served as the Company’s President and Chief Operating Officer through and including December 31, 2023.
