Suite 400 San Francisco, CA 94107 March 27, 2023Transition Agreement • March 27th, 2023 • Lyft, Inc. • Services-business services, nec
This letter agreement (the “Agreement”) describes the terms applicable to your ceasing to be a Company employee and officer, your commencement of service to the Company in the Advisory Role, and your remaining a member of the Board. Please sign and return this Agreement to the Company on or before March 31, 2023 (the “Execution Deadline”). This Agreement will become effective on the 8th day after it has been signed by both you and a duly authorized representative of the Company (the “Effective Date”), except that this Agreement will not become effective if, prior to that 8th day, you or the Company revoke this Agreement.
Suite 400 San Francisco, CA 94107 March 27, 2023Employment Agreement • March 27th, 2023 • Lyft, Inc. • Services-business services, nec • California
The Board of Directors (the “Board”) of Lyft, Inc., a Delaware corporation (“Lyft” or the “Company”), is very pleased to offer you the position of President and Chief Executive Officer (“CEO”) of the Company. The Board believes that you are uniquely qualified to be the Company’s next leader and we are delighted that you have agreed to accept this role. Your employment with the Company will be governed by the terms and conditions of this letter agreement, including the attachments hereto (collectively, this “Agreement”):
