Regular Vesting. Except as otherwise provided in the Plan or in this Section 2, your Base Shares shall vest 50% on the 2nd anniversary of the Grant Date and the remaining 50% on the 3rd anniversary of the Grant Date, subject to your continued employment or service with the Company through the applicable vesting date. The period of time prior to the full vesting of the Award shall be referred to herein as the “Vesting Period.”
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)
Regular Vesting. Except as otherwise provided in the Plan or in this Section 2, your Base Shares shall vest 50% on the 2nd anniversary of the Grant Date and the remaining 50% on the 3rd anniversary of the Grant Date, subject to your continued employment or service with the Company through the applicable vesting date. The period of time prior to the full vesting of the Award shall be referred to herein as the “Vesting Period.””
Appears in 1 contract
Samples: Stock Appreciation Rights Agreement (Chipotle Mexican Grill Inc)
