Schedule of Directors, Executive Officers, and 5% Stockholders with Texas Roadhouse Franchise Agreements as of December 27, 2022
This document lists directors, executive officers, and significant stockholders of Texas Roadhouse who have entered into franchise or preliminary agreements for specific restaurant locations as of December 27, 2022. It details the parties involved, the date each franchise agreement was signed, the franchise fee paid, and the royalty rate for each location. The agreements require payment of a renewal fee and a 4% royalty rate. Gerald Morgan is noted as a minority owner in each listed franchise entity.
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 27, 2022
|
| Name and Ownership |
| Franchise |
| Franchise |
| Royalty Rate | | ||
BROWNSVILLE, TX TEXAS ROADHOUSE OF BROWNSVILLE, LTD. 6040 DUTCHMANS LANE LOUISVILLE, KY 40205 | | Gerald Morgan (3.06%) |
| 06/14/2018 |
| $ | 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%) |
| 09/04/2019 |
| $ | 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. |