Common use of Participant’s Retirement Clause in Contracts

Participant’s Retirement. The Company has specified criteria for classification as a “Retiree” for purposes of certain compensation plans which include a requirement that an employee shall have achieved the combined Age and Years of Service (as those terms are defined below) of at least 70. In this Section 10, the term “Age” of a Participant means (as of a particular date of determination), the Participant’s age on that date in whole years and any

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)

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Participant’s Retirement. The Company has specified criteria for classification as a “Retiree” for purposes of certain compensation plans which include a requirement that an employee shall have achieved the combined Age and Years of Service (as those terms are defined below) of at least 70. In this Section 10, the term “Age” of a Participant means (as of a particular date of determination), the Participant’s age on that date in whole years and anyany fractions thereof, 3

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)

Participant’s Retirement. The Company has specified criteria for classification as a “Retiree” for purposes of certain compensation plans which include a requirement that an employee shall have achieved the combined Age and Years of Service (as those terms are defined below) of at least 70. In this Section 10, the term “Age” of a Participant means (as of a particular date of determination), the Participant’s age on that date in whole years and anyany fractions thereof,

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)

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Participant’s Retirement. The Company has specified criteria for classification as a “Retiree” for purposes of certain compensation plans which include a requirement that an employee shall have achieved the combined Age and Years of Service (as those terms are defined below) of at least 70. In this Section 10, the term “Age” of a Participant means (as of a particular date of determination), the Participant’s age on that date in whole years and any3 DM_US 79609446-2.082000. 0011

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)

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