Einstein Noah Restaurant Group (NASDAQ: BAGL – News) today announced that Jeffrey J. O’Neill, in connection with his employment as CEO of the company, has been granted 63,776 restricted shares of the company’s common stock. The shares will vest in equal annual installments over three years and have a market value of $375,000, based on the closing price of the company’s common stock on January 9, 2009, the effective date of the grant.

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