Common use of Service Stock Award Clause in Contracts

Service Stock Award. Pursuant to Section 6 of the Texas Roadhouse, Inc. 2013 Long Term Incentive Plan (the “Equity Incentive Plan”) in place on the Effective Date, Executive shall be granted a stock bonus award whereby Executive has the conditional right to receive upon vesting 10,000 shares of the common stock of Texas Roadhouse, Inc. (the “Service Stock Award”), provided this Agreement has been fully executed by both Executive and the Company. If this Agreement has not been fully executed by the Effective Date, the Service Stock Award shall be granted to Executive on the date it is fully executed. If this Agreement is executed by both parties on or prior to the Effective Date, the Service Stock Award shall be granted to Executive on the date it is fully executed. If the Service Stock Award has been granted on or prior to the Effective Date, it shall vest on January 8, 2019. If the Service Stock Award has been granted after the Effective Date, it shall vest on the first anniversary date of the grant. It shall be a condition of vesting that Executive continues to provide services to the Company as of the date of vesting, as provided in the Equity Incentive Plan. Executive may be granted additional Service Stock Awards for the second and third years of the Term upon the recommendation of the Compensation Committee in amounts and upon terms and conditions to be established by the Compensation Committee. If Executive’s employment is extended beyond the Third Anniversary Date as provided in Section 2, then on or after the Third Anniversary Date, and annually thereafter, Executive’s Service Stock Award may be reviewed by the Compensation Committee to determine whether it should be adjusted.

Service Stock Award. Pursuant to Section 6 of the Texas Roadhouse, Inc. 2013 Long Term Incentive Plan (the “Equity Incentive Plan”) in place on the Effective Date, Executive shall be granted a stock bonus award whereby Executive has the conditional right to receive upon vesting 10,000 shares of the common stock of Texas Roadhouse, Inc. (the “Service Stock Award”), provided this Agreement has been fully executed by both Executive and the Company. If this Agreement has not been fully executed by the Effective Date, the Service Stock Award shall be granted to Executive on the date it is fully executed. If this Agreement is executed by both parties on or prior to the Effective Date, the Service Stock Award shall be granted to Executive on the date it is fully executed. If the Service Stock Award has been granted on or prior to the Effective Date, it shall vest on January 8, 2019. If the Service Stock Award has been granted after the Effective Date, it shall vest on the first anniversary date of the grant. It shall be a condition of vesting that Executive continues to provide services to the Company as of the date of vesting, as provided in the Equity Incentive Plan. Executive may be granted additional Service Stock Awards for the second and third years of the Term upon the recommendation of the Compensation Committee in amounts and upon terms and conditions to be established by the Compensation Committee. If Executive’s employment is extended beyond the Third Anniversary Date as provided in Section 2, then on or after the Third Anniversary Date, and annually thereafter, Executive’s Service Stock Award may be reviewed by the Compensation Committee to determine whether it should be adjusted.