Company: CAVA
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001628280-25-019936
Chunk: 39

Company: CAVA GROUP, INC.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 39
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 RSU and option awards granted under both the 2015 and 2023 Equity Incentive Plans will generally be forfeited upon termination. Vested options granted under the 2015 Equity Incentive Plan are exercisable for a certain period following termination of each NEO’s employment, as follows: (i) 3 months following the termination of the NEO’s employment for any reason other than cause, disability or death, (ii) 12 months following termination of employment due to disability, or (iii) 18 months following termination due to death that occurs during the term of employment. Vested options granted under the 2023 Equity Incentive Plan are exercisable for a certain period following termination of each NEO’s employment, as follows: (i) 3 months following the termination of the NEO’s employment for any reason other than cause, disability or death, (ii) 18 months following termination of employment due to disability, or (iii) 12 months following termination due to death that occurs during the term of employment. In no event are options granted under either the 2015 or 2023 Equity Incentive Plan exercisable following the option’s expiration date, which is 10 years from the date of grant.

In the event of a change in control of the Company, if either (i) the CEO IPO Award is not otherwise continued, converted, assumed, or replaced by the Company, a member of the company group or a successor entity thereto; or (ii) Mr. Schulman experiences a qualifying termination at any time following a change in control in which the CEO IPO Award is continued, converted, assumed, or replaced by the Company, a member of the company group or a successor entity thereto, all unvested RSUs and stock options underlying the CEO IPO Award will fully vest in connection with such change in control or qualifying termination, as applicable. In the event that Mses.

#### CAVA Group, Inc.382025 Proxy Statement
Tolivar, Somers or Costanza, or Mr. Xenohristos experiences a qualifying termination in connection with or during the 18-month period following a change in control, all unvested RSUs and stock options underlying the executive’s NEO IPO Award would immediately vest.

The following table sets forth aggregate estimated payment obligations to each of our NEOs, assuming that the triggering events had occurred on December 29, 2024, the last day of fiscal 2024, pursuant to the terms of the applicable plans and/or employment