Document:

EX-10.12

 Exhibit 10.12 

 

			
	 Name: 
	  	 [ ]

	 Number of Restricted Stock Units subject to Award:
	  	 [ ]

	 Date of Grant:
	  	 [ ]

 LIFESTANCE HEALTH GROUP, INC.

 2021 EQUITY INCENTIVE PLAN 

RESTRICTED STOCK UNIT AWARD AGREEMENT 

This agreement (this “Agreement”) evidences an award (the “Award”) of restricted stock units granted by
LifeStance Health Group, Inc. (the “Company”) to the individual named above (the “Participant”), pursuant to and subject to the terms of the Company’s 2021 Equity Incentive Plan (as amended from time to time,
the “Plan”). 
 1. Grant of Restricted Stock Unit Award. The Company grants to the Participant on the date set forth
above (the “Date of Grant”) the number of restricted stock units (the “Restricted Stock Units”) set forth above giving the Participant the conditional right to receive, without payment and pursuant to and subject to
the terms and conditions set forth in this Agreement and in the Plan, one share of Stock (a “Share”) with respect to each Restricted Stock Unit forming part of the Award, subject to adjustment pursuant to Section 7 of the Plan
in respect of transactions occurring after the date hereof. 
 2. Meaning of Certain Terms. Except as otherwise defined herein, all
capitalized terms used herein have the same meaning as in the Plan. 
 3. Vesting; Cessation of Employment. [Omitted] 

4. Delivery of Shares. Subject to Section 5 below, the Company shall, as soon as practicable upon the vesting of any portion of the
Award (but in no event later than thirty (30) days following the date on which such Restricted Stock Units vest), effect delivery of the Shares with respect to such vested Restricted Stock Units to the Participant (or, in the event of the
Participant’s death, to the person to whom the Award has passed by will or the laws of descent and distribution). No Shares will be issued pursuant to the Award unless and until all legal requirements applicable to the issuance or transfer of
such Shares have been complied with to the satisfaction of the Administrator. 
 5. Forfeiture; Recovery of Compensation. The
Administrator may cancel, rescind, withhold or otherwise limit or restrict the Award at any time if the Participant is not in compliance with all applicable provisions of this Agreement and the Plan. By accepting, or being deemed to have accepted,
the Award, the Participant expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Award, under the Award, including the right to any Shares acquired under the Award or proceeds from the disposition
thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). The Participant further agrees to be bound by the terms of any clawback or recoupment policy of the Company that applies to incentive compensation that
includes Awards such as the Restricted Stock Units. Nothing in the preceding sentence may be construed as limiting the general application of Section 10 of this Agreement. 

 6. Dividends; Other Rights. The Award may not be interpreted to bestow upon the
Participant any equity interest or ownership in the Company or any subsidiary prior to the date on which the Company delivers Shares to the Participant. The Participant is not entitled to vote any Shares by reason of the granting of the Award or to
receive or be credited with any dividends declared and payable on any Share prior to the date on which any such Share is delivered to the Participant hereunder. The Participant will have the rights of a shareholder only as to those Shares, if any,
that are actually delivered under the Award. 
 7. Nontransferability. The Award may not be transferred except as expressly permitted
under Section 6(a)(3) of the Plan. 
 8. Taxes. 
  

	 	(a)	 The Participant expressly acknowledges that the vesting or settlement of the Restricted Stock Units acquired
hereunder may give rise to “wages” subject to withholding. No Shares will be delivered pursuant to the Award unless and until the Participant has remitted to the Company in cash or by check (or by such other means as may be acceptable to
the Administrator) an amount sufficient to satisfy all taxes required to be withheld in connection with such vesting or settlement. The Participant authorizes the Company and its subsidiaries to withhold any amounts due in respect of any required
tax withholdings or payments from any amounts otherwise owed to the Participant, but nothing in this sentence may be construed as relieving the Participant of any liability for satisfying his or her obligation under the preceding provisions of this
Section 8. 

  

	 	(b)	 The Award is intended to be exempt from Section 409A of the Code as a short-term deferral thereunder and
shall be construed and administered in accordance with that intent. Notwithstanding the foregoing, in no event will the Company have any liability relating to the failure or alleged failure of any payment or benefit under this Agreement to comply
with, or be exempt from, the requirements of Section 409A. 

 9. Effect on Employment. Neither the grant of the
Award, nor the issuance of Shares upon the vesting of the Award, will give the Participant any right to be retained in the employ or service of the Company or any of its subsidiaries, affect the right of the Company or any of its subsidiaries to
discharge the Participant at any time, or affect any right of the Participant to terminate his or her Employment at any time. 
 10.
Provisions of the Plan. This Agreement is subject in its entirety to the provisions of the Plan, which are incorporated herein by reference. A copy of the Plan as in effect on the Date of Grant has been furnished to the Participant. By
accepting, or being deemed to have accepted, all or any portion of the Award, the Participant agrees to be bound by the terms of the Plan and this Agreement. In the event of any conflict between the terms of this Agreement and the Plan, the terms of
the Plan will control. 
 11. Acknowledgements. The Participant acknowledges and agrees that: 

  
 -2- 

	 	(a)	 The grant of the Restricted Stock Units is considered a one-time
benefit and does not create a contractual or other right to receive any other award under the Plan, benefits in lieu of such awards or any other benefits in the future. 

 

	 	(b)	 The Plan is a voluntary program of the Company and future awards, if any, will be at the sole discretion of the
Company, including, but not limited to, the timing of any award, the amount of any award, vesting provisions and purchase price, if any. 

  

	 	(c)	 The value of the Restricted Stock Units is an extraordinary item of compensation outside of the scope of the
Participant’s employment. As such, the Restricted Stock Units are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-term service awards,
pension or retirement benefits or similar payments. 

  

	 	(d)	 The Participant authorizes the Company to use and disclose to any agent administering the Plan or providing
recordkeeping services with respect to the Plan such information and data as the Company shall request in order to facilitate the grant of the Restricted Stock Units, the administration of the Restricted Stock Units and the administration of the
Plan, and the Participant waives any data privacy rights he or she may have with respect to such information or the sharing of such information. 

  

	 	(e)	 (i) This Agreement may be executed in two or more counterparts, each of which will be an original and all of
which together will constitute one and the same instrument, (ii) this Agreement may be executed and exchanged using facsimile, portable document format (PDF) or electronic signature, which, in each case, will constitute an original signature
for all purposes hereunder, and (iii) such signature by the Company will be binding against the Company and will create a legally binding agreement when this Agreement is countersigned by the Participant. 

[Signature page follows.] 

  
 -3- 

 The Company, by its duly authorized officer, and the Participant have executed this
Agreement as of the Date of Grant. 
  

			
	LIFESTANCE HEALTH GROUP, INC.
		
	By:	 	
                     
               

	Name:	 	  

	Title:	 	  

  

			
	Agreed and Accepted:
		
	By	 	
                     
                                         
  

		 	[Participant’s Name]

 Signature Page to Restricted Stock Unit Award AgreementEX-10.13

 Exhibit 10.13 

May [    ], 2021 

LIFESTANCE TOPCO, L.P. 

NOTICE OF AMENDED AWARD TERMS 

This notice (this “Notice”) describes certain amendments that are being made to the Partnership Interest Award Agreement[s]
(as amended and/or amended and restated from time to time, your “Award Agreement[s]”) between you and LifeStance TopCo, L.P. (the “Partnership”) and to any Class B Units you received under such Award
Agreement[s] (collectively, your “Award[s]”) in connection with the initial public offering of shares of common stock of LifeStance Health Group, Inc. (“LifeStance”) and the related organizational transactions
(together, the “IPO”). The Partnership, its subsidiaries, and LifeStance are collectively referred to in this Notice as the “Company”. 

In connection with the IPO, all outstanding Class A Units and Class B Units of LifeStance TopCo, L.P. will be exchanged for shares
of common stock of LifeStance (“LifeStance Shares”), and LifeStance Shares are expected to become publicly traded on the Nasdaq Global Select Market. 

You are receiving this Notice because you and/or persons related to you (which we together refer to as “you” or the
“Participant”) currently hold Class B Units issued pursuant to your Award Agreement[s] that will be amended in connection with IPO. The purpose of this Notice is to inform you of certain amendments that are being made to the
terms of your Award[s] and that, notwithstanding anything to the contrary in your Award Agreement[s] and/or the limited partnership agreement of the Partnership (as amended and/or amended and restated from time to time, including any amendment and
restatement effective in connection with the consummation of the IPO, the “Partnership Agreement”) or any other plan or agreement applicable to you or to which you are a party, will apply to your Award[s] as of and following the
effective time of this Notice, as described below. 
 1. Effective Time; Defined Terms. 

a. The adjustments described in this Notice, in their entirety, are effective as of immediately prior to consummation of the reorganization
involving the Partnership contemplated in connection with the IPO (the “Effective Time”). For the avoidance of any doubt, in the event that your Award[s] [is][are] not outstanding as of immediately prior to the Effective Time, the
treatment described herein shall not apply. 
 b. Capitalized terms used and not defined herein have the respective meanings ascribed to such
terms in your Award Agreement[s]. To the extent that the Class B Units under your Award[s] (or any portion thereof) are exchanged for LifeStance Shares in connection with the IPO, references in the governing documents to the “Company”
shall be construed to refer to (or to also include) LifeStance, and references in the governing documents to the “Board” shall be 

 
construed to refer to (or to also include) the board or directors or the compensation committee of the board of directors of LifeStance, in each case, to the extent necessary or appropriate to
give effect to such assumption or exchange and the transactions described herein, in each case, as determined by Company in its sole discretion. In no event shall the transactions contemplated herein or any restructuring prior to, or in connection
with, the IPO, including the exchange of Class A Units and Class B Units of the Partnership for LifeStance Shares or the receipt of LifeStance Shares by the TPG Investor, constitute a “Partial Sale” or a “Partnership
Sale”. 
 2. Time-Based Vesting. Subject to your continued Service through each applicable vesting date:
[                ]. 
 3. Performance-Based
Vesting. An additional performance-vesting opportunity will be added, with Performance Interests becoming eligible to vest based on [                ]. 

  
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 4. [For Certain Executives only: Good Leaver Termination.] [Subject in all respects
to your timely execution and non-revocation of a general release of claims and your continued compliance in all material respects with all applicable restrictive covenants in favor of the Company by which you
are bound, if you incur a Good Leaver Termination, your unvested Time Interests shall vest in full on the date of your termination of Service, and your unvested Performance Interests will be eligible to vest, if at all,
[                ]] [Subject in all respects to your timely execution and non-revocation of a general release of claims and your
continued compliance in all material respects with all applicable restrictive covenants in favor of the Company by which you are bound, if you incur a Good Leaver Termination, your Performance Interests shall vest to the extent
[                ]] 
 5. Organizational
Transactions. Notwithstanding anything herein to the contrary, in connection with the IPO, Class A Units and Class B Units in the Partnership will be exchanged for LifeStance Shares. If the Class B Units with respect to
which LifeStance Shares are received were unvested at the time of such distribution, such LifeStance Shares will be subject to the same vesting schedule, performance-vesting conditions and transfer restrictions which applied to the unvested
Class B Units to which they relate, as amended by this Notice. Each Participant holding unvested LifeStance Shares will make an 83(b) election not later than fifteen (15) days following the consummation of the IPO. The number of LifeStance
Shares issued to you will be (or has been) communicated to you separately. 

  
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 6. Participant Group. In the event that “you” is
construed to refer to a current or former individual employee of, or other service provider to, the Company, and related persons (e.g., permitted transferees of such individual), this Notice shall be construed so all rights of such individual
and such related persons shall be applied on a pro rata or other equitable basis among such individual and such other persons. Such individual, however, shall be responsible for ensuring the compliance of all persons related to such individual with
the requirements hereunder and for obtaining from such requirements any agreements, consents or other documents that the Company may require to give effect to the provisions set forth herein from time to time. All determinations regarding
allocations of rights and obligations among any such individual and any related persons will be made by the Company in good faith and will be binding on all persons. 

7. Required Actions. You must sign (including by Docusign or other electronic means, if required by the Company)
and return this Notice to [    ] at [    ] not later than [    ], 2021. By delivering your executed signature page (or causing it to be
delivered, including, if applicable, by electronic means), you will be confirming that: (a) you have reviewed and understand the terms set forth of this Notice and agree to be bound thereby (notwithstanding any applicable local laws regarding
the use or enforceability of electronic signatures); and (b) you authorize the Company to take all action it deems necessary or appropriate to effectuate the foregoing on behalf of you without further notice to date to effect such terms. 

8. Binding Effect. This Notice constitutes (and serves as your consent to) an amendment to the terms applicable to
your Award[s], the Partnership Agreement and any Class B Units received thereunder to the extent set forth herein, which (a) will be binding upon the executors, administrators, estates, heirs and legal successors of the Participant;
(b) will be governed by and construed in accordance with the laws of the State of Delaware, without regard to the principles of conflicts of laws; and (c) if applicable, will be subject to any existing arbitration agreement that you have
with the Company. Except as described in this Notice, your Award[s] and any Class B Units received thereunder will remain subject to their existing terms. 

[Remainder of Page Intentionally Left Blank] 

  
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	LIFESTANCE TOPCO, L.P.
	
	  

	Name: [    ]
	Title: [    ]
	
	LIFESTANCE HEALTH GROUP, INC.
	
	  

	Name: [ ]
	Title: [ ]

 [LifeStance TopCo, L.P. and LifeStance Health Group, Inc. 

Notice of Amended Award Terms Signature Page] 

	
	ACKNOWLEDGED AND AGREED BY:
	
	The Participant:
	 On behalf on himself or herself
 and
all related persons

	
	Sign Name:
	
	  

	[Participant Name]

 [LifeStance TopCo, L.P.  

Notice of Amended Award Terms 

Participant Signature Page]

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