Schedule of Directors, Executive Officers, and 5% Stockholders with Franchise Agreements for Texas Roadhouse Restaurants as of December 31, 2024
This document lists directors, executive officers, and major stockholders of Texas Roadhouse who have entered into franchise or preliminary agreements for specific restaurant locations as of December 31, 2024. It details the names, ownership percentages, agreement dates, franchise fees, and royalty rates for each location. The key obligation is the payment of a franchise renewal fee and a 4% royalty rate by the franchisees. The document is informational and does not itself create new obligations but summarizes existing franchise arrangements.
Exhibit 10.5
Schedule of the Directors, Executive Officers and 5% Stockholders which have entered into Franchise
Agreements or Preliminary Agreements for a Texas Roadhouse Restaurant
As of December 31, 2024
|
| Name and Ownership |
| Franchise |
| Franchise |
| Royalty Rate | | ||
BROWNSVILLE, TX TEXAS ROADHOUSE OF BROWNSVILLE, LTD. 6040 DUTCHMANS LANE LOUISVILLE, KY 40205 | | Gerald Morgan (3.06%) |
| 02/23/2023 |
| $ | 15,000 | | | 4.0 | % |
EL CAJON, CA TXRH EL CAJON, LLC 103 FLETCHER PARKWAY EL CAJON, CA 92020 | | Gerald Morgan (2.0%) |
| 03/26/2019 | | $ | 40,000 | | | 4.0 | % |
MCKINNEY, TX ROADHOUSE OF MCKINNEY, LTD. 6040 DUTCHMANS LANE LOUISVILLE, KY 40205 | | Gerald Morgan (2.0%) |
| 07/16/2024 |
| $ | 15,000 | | | 4.0 | % |
OCEANSIDE, CA TXRH OCEANSIDE, LLC 2735 VISTA WAY OCEANSIDE, CA 92054 | | Gerald Morgan (2.0%) | | 10/28/2015 | | $ | 40,000 | | | 4.0 | % |
(1) | This fee represents the renewal fee to be paid and/or has been paid by the applicable franchisee upon the renewal of the applicable Franchise Agreement. |