Amendment of this Award. This Award or the terms of this Agreement may be amended by the Board or the Committee at any time (a) if the Board or the Committee determines, in its reasonable discretion, that amendment is necessary or appropriate to conform the Award to, or otherwise satisfy, any legal requirement (including without limitation the provisions of Section 409A of the Code), which amendments may be made retroactively or prospectively and without your approval or consent to the extent permitted by applicable law; provided that, such amendment shall not materially and adversely affect your rights hereunder; or (b) with your consent.
Appears in 12 contracts
Samples: Stock Option Agreement (Chipotle Mexican Grill Inc), Restricted Stock Unit Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
Amendment of this Award. This Award or the terms of this Agreement may be amended by the Board or the Committee at any time (a) if the Board or the Committee determines, in its reasonable discretion, that amendment is necessary or appropriate to conform the Award to, or otherwise satisfy, any legal requirement (including without limitation the provisions of Section 409A of the Code), which amendments may be made retroactively or prospectively and without your approval or consent to the extent permitted by applicable law; provided that, such amendment shall not materially and adversely affect your rights hereunder; or (b) with your consent..
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc), Performance Share Agreement (Chipotle Mexican Grill Inc)