YOGA YogaWorks Inc

 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously announced, effective October 31, 2019, Ms. Rosanna McCollough (“McCollough”), who was previously chief executive officer and president of YogaWorks, Inc. (the “Company”), departed from the Company.

In connection with McCollough’s departure from the Company, McCullough and the Company entered into that certain Separation Agreement and Release, dated October 31, 2019 (the “Separation Agreement”).  Under the Separation Agreement, the Company agrees to provide McCollough with the severance payments and benefits described in Section 4(b) of her certain Employment Agreement that was filed by the Company as Exhibit 10.10 to the Company’s Registration Statement on Form S-1 (File No. 333-218950) on June 23, 2017 (“Employment Agreement”), as well as all other payments or benefits described in Section 3(c) of the Employment Agreement, subject to and in accordance with the terms thereof.  The Company also agreed (i) to fully vest any equity awards previously granted to Ms. McCullough that remain outstanding, unexercised (if applicable) and in effect (the “McCullough Equity Awards”), to the extent unvested, (ii) that all stock options previously granted to McCollough that remain outstanding, unexercised and in effect remain outstanding and exercisable until the earlier of (x) the original full term of such options (disregarding any continued employment requirement) and (y) any breach by McCollough of her continuing obligations under the Employment Agreement, and (iii) that McCollough shall have the right to satisfy exercise price and tax withholding obligations arising in connection with the vesting or exercise of any McCullough Equity Award by delivering to the Company a number of shares underlying such awards (or other shares of Company stock held by McCullough) sufficient to satisfy such obligations.  The Company further agreed that the McCollough will receive the full amount of her target bonus for 2019 of $100,000, to be paid no later than March 1, 2020.  The Separation Agreement also includes a general release of claims by McCollough in favor of the Company.

The information set forth above regarding the Separation Agreement is a summary, and is qualified in its entirety by reference to the actual terms of the Separation Agreement, which has been filed as Exhibit 10.1 to this Current Report on Form 8-K.