Common use of Forfeiture of Performance Shares Clause in Contracts

Forfeiture of Performance Shares. Unless otherwise determined by the Committee, or except as provided in an agreement between you and the Company, if your employment terminates before the Vesting Date for any reason other than Death, termination by the Company due to Disability, Retirement or a Qualifying Termination (as described in Section 2(c) below), all Performance Shares subject to this Award shall be forfeited and canceled as of the date of such employment termination.

Appears in 2 contracts

Samples: Performance Share Agreement (Chipotle Mexican Grill Inc), Performance Share Agreement (Chipotle Mexican Grill Inc)

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Forfeiture of Performance Shares. Unless otherwise determined by the Committee, or except as provided in an agreement between you and the Company, if your employment terminates before the Vesting Date for any reason other than Death, termination by the Company due to Disability, 2 Retirement or a Qualifying Termination (as described in Section 2(c) below), all Performance Shares subject to this Award shall be forfeited and canceled as of the date of such employment termination.

Appears in 1 contract

Samples: Performance Share Agreement (Chipotle Mexican Grill Inc)

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Forfeiture of Performance Shares. Unless otherwise determined by the Committee, or except as provided in an agreement between you and the Company, if your employment terminates before the Vesting Date for any reason other than Death, termination by the Company due to Disability, Retirement or a Qualifying Termination (as described in Section 2(c) below), all Performance Shares subject to this Award shall be forfeited and canceled as of the date of such employment termination.. 

Appears in 1 contract

Samples: Performance Share Agreement (Chipotle Mexican Grill Inc)

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