Company: CAVA
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001628280-25-019936
Chunk: 37

Company: CAVA GROUP, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 37
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 pay and benefits to covered executives and other key employees under certain circumstances. Messrs. Schulman and Xenohristos and Ms. Costanza are eligible to receive severance pay and benefits under their individual employment agreements in the event of certain qualifying terminations of their employment to the extent such benefits are equal to or greater than the benefits provided under the executive severance plan.

Schulman Employment Agreement

Pursuant to the Amended and Restated CEO Agreement, following Mr. Schulman’s involuntary termination by the Company without cause or his voluntary resignation for good reason (as such terms are defined in the Amended and Restated CEO Agreement and each such termination, a “qualifying termination”), Mr. Schulman is entitled to receive severance benefits consisting of (i) any annual bonus for the prior completed fiscal year to the extent unpaid as of the termination date, (ii) 18 months of salary continuation payments, (iii) a pro-rated annual bonus for the year of termination, based on actual performance and payable when bonuses are paid to other Company executives, and (iv) up to 18 months of Company-paid COBRA continuation. Following a termination of Mr. Schulman’s employment by reason of death or disability, he is entitled to receive (i) any unpaid annual bonus for the prior completed fiscal year to the extent unpaid as of the termination date and (ii) a pro-rated annual bonus for the year in which the termination occurs, based on actual performance and payable when bonuses are paid to other Company executives. Payment of severance is contingent upon execution and non-revocation of a general release of claims in favor of the Company and its affiliates.

Xenohristos and Costanza Employment Agreements

Under the employment agreements with Mr. Xenohristos and Ms. Costanza, in the event of a termination of the executive’s employment by the Company without “cause” or by the executive for “good reason” (as such terms are defined in the respective employment agreement), the executives are eligible to receive: (i) cash severance of 12 months’ continued salary, (ii) up to 12 months’ COBRA premiums, and (iii) a pro-rated annual bonus for the year in which the termination occurs, based on the executive’s performance during such year, and paid on the date on which annual bonuses are paid to other senior executives of the Company for

#### CAVA Group, Inc.372025 Proxy Statement
such year. Payment of severance is contingent upon execution and