Company: RRGB
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0000950142-25-002929
Chunk: 27

Company: RED ROBIN GOURMET BURGERS INC
Filing Date: 2025-11-10
Form: 424B5
Chunk 27
---
of stockholders by the vote of a majority of the shares present. Any director may be removed at any time, with or without cause, upon
the affirmative vote of holders of two-thirds our voting stock. Newly created directorships resulting from any increase in our authorized
number of directors or any vacancies in our board of directors resulting from death, resignation, retirement, removal from office or other
cause may be filled by the majority vote of our remaining directors in office, or by the sole remaining director, or by a majority vote
of our stockholders at an annual meeting of our stockholders.

Elimination of Stockholder Action by Written Consent

Our certificate of incorporation eliminates
the right of our stockholders to act by written consent. Stockholder action must take place at the annual or a special meeting of our
stockholders.

Stockholder Meetings

Under our by-laws, only our chairman, chief
executive officer, our board of directors or holders of 10% or more of our voting stock, may call special meetings of our stockholders.

Requirements for Advance Notification of Stockholder
Nominations and Proposals; Proxy Access

Our by-laws establish advance notice procedures
with respect to stockholder proposals and nomination of candidates for election as directors other than nominations made by or at the
direction of our board of directors or a committee of our board of directors.

| 7 |

Our bylaws provide that a stockholder, or a
group of up to 20 stockholders, owning at least three percent of the voting power of our outstanding capital stock continuously for at
least three years, may nominate and include in our annual meeting proxy materials director nominees constituting up to the greater of
(a) two directors or (b) twenty percent of the number of directors to be elected at such annual meeting, subject to certain limitations
and provided that the stockholders and nominees satisfy the requirements specified in our bylaws.

Delaware Anti-Takeover Law

We are subject to Section 203 of the Delaware
General Corporation Law, an anti-takeover law. In general, Section 203 prohibits a publicly held Delaware corporation from engaging
in a business combination with an interested stockholder for a period of three years following the date such person became an interested
stockholder, unless the business combination or the transaction in which such person became an interested stockholder is approved in a
prescribed manner. Generally, a “business combination” includes a merger, asset or stock sale, or other transaction resulting
in a financial benefit