EX-10.1
Sweetgreen, Inc.
SWEETGREEN, INC.
SEVERANCE PLAN
(Effective on August 27, 2026)
1. Introduction. The purpose of this Sweetgreen, Inc. Severance Plan (the “Plan”) is to provide specified severance benefits to eligible employees of the Company whose employment is involuntarily terminated other than for Cause or who resign for Good Reason under the circumstances described in the Plan.
2. Important Terms. As used in the Plan, the following definitions apply to the capitalized terms indicated below:
2.1 “Administrator” means the Compensation Committee of the Board or another duly constituted committee of members of the Board, or officers of the Company as delegated by the Board, or any person to whom the Administrator or Board has delegated any authority or responsibility pursuant to terms of the Plan, but only to the extent of such delegation.
2.2 “Board” means the Board of Directors of the Company.
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