PHD GROUP HOLDINGS LLC CLASS A UNIT OPTION AGREEMENT (TIME AND PERFORMANCE VESTING)Class a Unit Option Agreement • September 29th, 2021 • Portillo's Inc. • Retail-eating places • Delaware
This Option is granted by PHD Group Holdings LLC, a Delaware limited liability company (the “Company”), to [Name of Participant] (the “Participant”), pursuant to this Class A Unit option agreement (the “Agreement”) and the Company’s 2014 Equity Incentive Plan (the “Plan”). All capitalized terms not otherwise defined herein shall have the meaning provided in the Plan.
PHD GROUP HOLDINGS LLC CLASS A UNIT OPTION AGREEMENT (TIME AND PERFORMANCE VESTING)Class a Unit Option Agreement • September 29th, 2021 • Portillo's Inc. • Retail-eating places • Delaware
This Option is granted by PHD Group Holdings LLC, a Delaware limited liability company (the “Company”), to [Name of Participant] (the “Participant”), pursuant to this Class A Unit option agreement (the “Agreement”) and the Company’s 2014 Equity Incentive Plan (the “Plan”). All capitalized terms not otherwise defined herein shall have the meaning provided in the Plan.