Post-Termination Exercise and Expiration. The deadline for Participant’s exercise of any vested SARs held by the Participant as of the Date of Termination (the “Exercise Deadline”) shall be 90 days after the Date of Termination. Any vested but unexercised SARs not exercised on or before the Exercise Deadline shall immediately expire.
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 deadline Exercise Deadline for Participant’s exercise of any vested SARs held by the Participant as of the Date of Termination (the “Exercise Deadline”determined after application of Section 10 (a)) shall be 90 days after the Date of Termination. Any vested but unexercised SARs not exercised on or before the Exercise Deadline shall immediately expire.
Appears in 1 contract
Samples: Form of Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
