Post-Termination Exercise and Expiration. The Exercise Deadline for any SARs held by the Participant (or his or her beneficiaries or estate, in the case of death) on the Date of Termination shall be the third anniversary of the Date of Termination. Any unexercised SARs held by the Participant (or his or her beneficiaries or estate, in the case of death) shall expire immediately after the Exercise Deadline.
Appears in 13 contracts
Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
Post-Termination Exercise and Expiration. The Exercise Deadline for any the Participant’s vested SARs held by the Participant (or his or her beneficiaries or estate, in the case determined after application of deathSection 10(a)) on the Date of Termination shall be (i) the third anniversary of the Date of Termination. Any unexercised SARs held by the Participant (or his or her beneficiaries or estate, Termination in the case of deathany SARs that were vested as of the Date of Termination, and (ii) shall expire immediately after the Exercise Deadlinethird anniversary of the applicable vesting date in the case of any SARs that were unvested as of the Date of Termination.
Appears in 9 contracts
Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
Post-Termination Exercise and Expiration. The Exercise Deadline for any the Participant’s vested SARs held by the Participant (or his or her beneficiaries or estate, in the case determined after application of deathSection 10(a)) on the Date of Termination shall be the third anniversary of the Date of Termination. Any unexercised SARs held by the Participant (or his or her beneficiaries or estate, in the case of death) shall expire immediately after the Exercise Deadline.
Appears in 3 contracts
Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
Post-Termination Exercise and Expiration. The Exercise Deadline for any vested SARs held by the Participant (or his or her beneficiaries or estate, in the case of death) on the Date of Termination shall be the third anniversary of the Date of TerminationTermination or, if later, 90 days after the date on which the SARs became vested due to attainment of the applicable Performance Condition. Any unexercised SARs held by the Participant (or his or her beneficiaries or estate, in the case of death) shall expire immediately after the Exercise Deadline.
Appears in 2 contracts
Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc), Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
Post-Termination Exercise and Expiration. The Exercise Deadline for any SARs held by the Participant (or his or her beneficiaries or estate, in the case of death) on the Date of Termination shall be the third anniversary of the Date of Termination. Any unexercised SARs held by the Participant (or his or her beneficiaries or estate, in the case of death) shall expire immediately after the Exercise Deadline.. DM_US 79609446-2.082000. 0011
Appears in 1 contract
Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
Post-Termination Exercise and Expiration. The Exercise Deadline for any the Participant’s vested SARs held by the Participant (or his or her beneficiaries or estate, in the case determined after application of deathSection 11(a)) on the Date of Termination shall be the third anniversary of the Date of Termination. Any unexercised SARs held by the Participant (or his or her beneficiaries or estate, in the case of death) shall expire immediately after the Exercise Deadline.
Appears in 1 contract
Samples: Form of Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
