Company: CHEF
Filing Date: 2025-03-26
Form Type: DEF 14A
Source: 0001517175-25-000003
Chunk: 70

Company: Chefs' Warehouse, Inc.
Filing Date: 2025-03-26
Form: DEF 14A
Chunk 70
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 following a change in control of the Company, shall be determined in accordance with the Executive CIC Plan.

Christina Polychroni

The terms of Ms. Polychroni’s employment are described in an offer letter dated December 20, 2022. This offer letter has no specific term and provides that Ms. Polychroni is an at-will employee. Ms. Polychroni’s annual base salary under the offer letter was initially $325,000 (which had been subsequently increased). Ms. Polychroni is eligible to participate in our annual performance-based cash incentive program at a target of 50% of her annual base salary, which was increased to 75% of her base salary starting in 2024, and in our equity-based incentive plans.

#### Severance Agreements
The Company has entered into an amended and restated severance agreement with each of its named executive officers that provides that if the named executive officer is terminated without cause or resigns for good reason not in connection with a change in control of the Company, and subject to the named executive officer ’ s execution of a release of claims, the named executive officer would be entitled to the following:

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• A lump sum cash amount equal to the named executive officer’s base salary and annual bonus for the year of termination multiplied by an applicable severance multiple (2x for Mr. C. Pappas and 1.5x for each other named executive officer);

• A lump-sum cash payment in lieu of benefits continuation;

• A lump-sum cash payment in lieu of reimbursement for outplacement service costs; and

• Any earned but unpaid annual bonus with respect to the year prior to the year of termination.

#### Executive Change in Control Plan
Under the Executive CIC Plan, if during the two years following a “change in control” of the Company (as defined in the Executive CIC Plan), a named executive officer’s employment is terminated by the Company without “cause” (as defined in the Executive CIC Plan), or the named executive officer resigns for “good reason” (as defined in the Executive CIC Plan), then the named executive officer will be entitled to the following:

• A cash amount equal to the named executive officer’s base salary multiplied by an applicable severance multiple (3x for Mr. C. Pappas and 2x for other named executive officers);

• A cash amount equal to the named executive officer’s target annual bonus for the year of