Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers. OnJuly 2, 2022 ,Tivity Health, Inc. (the "Company") entered into a Separation and Consulting Agreement and General Release (the "Separation Agreement") withAdam Holland , Chief Financial Officer of the Company, which provided for the termination ofMr. Holland's employment with the Company. The Separation Agreement also provides thatMr. Holland will receive those separation payments and benefits that he is entitled to receive under his employment agreement in respect of a termination without cause, which agreement has previously been disclosed.Mr. Holland will provide consulting services to the Company for a period of 30 days in order to facilitate the transition to his successor and will receive a consulting fee of$36,500 for providing such consulting services.
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