Schedule of License and Franchise Agreements for Texas Roadhouse Restaurants with Directors, Officers, and 5% Stockholders
This document lists Texas Roadhouse restaurants where directors, executive officers, or significant stockholders have entered into license, franchise, or preliminary agreements. It details the parties involved, ownership percentages, agreement dates, franchise fees, and royalty rates for each location. The agreements generally require no franchise fee and a 3.5% royalty rate, with some exceptions. The schedule also notes any transfers of franchise rights and special payment arrangements. This summary provides transparency regarding related-party transactions within the company as of December 27, 2011.
EXHIBIT 10.8
Schedule of the Directors, Executive Officers and 5% Stockholders which have entered into License Agreements, Franchise
Agreements or Preliminary Agreements for a Texas Roadhouse Restaurant
As of December 27, 2011
|
|
| Name and Ownership |
| Prelim. Agt. |
| Fran. or Lic. |
| Franchise Fee |
| Royalty Rate |
| |
| BILLINGS, MT |
| W. Kent Taylor (55.0%) Scott M. Colosi (2.0%) |
| 3/1/2002 |
| 11/3/2003 |
| $ | 0 |
| 3.5 | % |
|
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|
|
|
|
|
|
|
| |
| BOSSIER CITY, LA |
| Steven L. Ortiz (66.0%) |
| 3/19/2004 |
| 12/1/2004 |
| $ | 0 |
| 3.5 | % |
|
|
|
|
|
|
|
|
|
|
|
|
| |
| BROWNSVILLE, TX |
| G.J. Hart (61.23%) Steven L. Ortiz (30.61%) |
| 5/14/2002 |
| 2/4/2003 |
| $ | 0 |
| 3.5 | % |
|
|
|
|
|
|
|
|
|
|
|
|
| |
| EVERETT, MA |
| W. Kent Taylor (59.0%) |
| 2/15/2002 |
| 11/21/2002 |
| $ | 0 |
| 3.5 | % |
|
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|
|
|
|
|
| |
| FARGO, ND (1) |
| G.J. Hart (83.84%) Scott M. Colosi (5.05%) |
| 1/30/2006 |
| 8/25/2006 |
| $ | 0 |
| 3.5 | % |
|
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|
|
|
|
|
| |
| FARMINGTON, NM (2) |
| W. Kent Taylor (95.0%) |
| 3/19/2004 |
|
|
| $ | 0 |
| 3.5 | % |
|
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|
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|
|
| |
| LEXINGTON, KY (3) |
| W. Kent Taylor (10.0%) |
| N/A |
| 9/26/1994 |
| $ | 0 |
| 2.0 | % |
|
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|
| |
| LONGMONT, CO |
| Steven L. Ortiz (47.5%) |
| 12/19/2003 |
| 5/3/2004 |
| $ | 0 |
| 3.5 | % |
|
|
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|
|
|
| |
| MCKINNEY, TX |
| G.J. Hart (30.0%) Steven L. Ortiz (30.0%) Scott M. Colosi (2.0%) |
| 3/16/2004 |
| 9/8/2004 |
| $ | 0 |
| 3.5 | % |
|
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|
|
|
|
|
|
|
|
|
|
| |
| MELBOURNE, FL(4) |
| W. Kent Taylor (34.0%) |
| N/A |
| UNKNOWN |
| $ | 0 |
| 0 | % |
|
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|
| |
| MUNCIE, IN (5) |
| W. Kent Taylor (11.48%) |
| N/A |
| 5/29/1996 |
| $ | 0 |
| (6 | ) |
|
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| |
| NEW BERLIN, WI |
| G.J. Hart (30.0%) Steven L. Ortiz (30.0%) Scott M. Colosi (2.0%) |
| 3/17/2004 |
| 9/8/2004 |
| $ | 0 |
| 3.5 | % |
|
|
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|
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|
|
|
|
| |
| OMAHA, NE |
| G.J. Hart (68.68%) Scott M. Colosi (10.99)% |
| 3/19/2004 |
| 3/8/2005 |
| $ | 0 |
| 3.5 | % |
|
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|
|
| |
| PORT ARTHUR, TX |
| W. Kent Taylor (30.0%) G.J. Hart (30.0%) Steven L. Ortiz (30.5%) Scott M. Colosi (3.0%) |
| 12/15/2003 |
| 12/15/2003 |
| $ | 0 |
| 3.5 | % |
| TEMPLE, TX |
| Steven L. Ortiz (78.0%) |
| 3/19/2004 |
| 3/11/2005 |
| $ | 0 |
| 3.5 | % |
|
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| |
| WICHITA, KS |
| W. Kent Taylor (48.1%) Scott M. Colosi (4.0%) |
| 3/17/2004 |
| 12/1/2004 |
| $ | 0 |
| 3.5 | % |
(1) Franchise rights under Preliminary Agreement dated 4/27/2004 with Roadhouse of Louisiana, LLC were transferred to this location.
(2) Franchise rights under this Preliminary Agreement are to be transferred to a location not yet identified.
(3) Licensed restaurant which opened in January 1995.
(4) Licensed restaurant which opened in September 1996. In lieu of royalties, the entity pays supervision fees.
(5) Licensed restaurant which opened in November 1996.
(6) $50,000 per year.
