Company: RRGB
Filing Date: 2025-11-05
Form Type: 8-K
Source: 0000950142-25-002895
Chunk: 2

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-05
Form: 8-K
Item: Item 5.02
Chunk 2
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(iii) the opportunity to participate in the Company’s long-term incentive plan, with a target annual award value equal to 70% of
Mr. Griffith’s base salary for the Company’s 2026 fiscal year. Mr. Griffith may also participate in the Company’s standard
benefit plans, as may be amended from time to time, in which other executive officers are eligible to participate, and will be eligible
to participate in the Company’s Executive Severance Plan, as described under the heading “Employment Agreements, Separation
Arrangements, and Executive Severance Plan― Executive Severance Plan” in the Company’s Definitive Proxy Statement
filed with the SEC on April 24, 2025, and which description is incorporated by reference herein. Mr. Griffith will be subject to customary
restrictive covenants in the Employment Agreement, including nondisclosure of confidential information, nondisparagement, return of Company
property, and, during employment and for the twelve months following termination of employment, non-competition and non-solicitation of
employees, and non-interference with suppliers and business relations of the Company.