Company: JACK
Filing Date: 2025-11-07
Form Type: 8-K
Source: 0000807882-25-000062
Chunk: 1

Company: JACK IN THE BOX INC
Filing Date: 2025-11-07
Form: 8-K
Item: Item 1.01
Chunk 1
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, portfolio of assets (including real estate), special capital projects and capital structure;

• at each annual or special meeting of the Company’s stockholders, the GreenWood Group will vote all shares of voting securities of the Company beneficially owned by it and over which it has the right to vote (i) in favor of the election of each person recommended by the Board for election as a director, (ii) against any proposals or resolutions to remove any member of the Board and (iii) in accordance with the recommendation of the Board on all other proposals or

business that are the subject of stockholder action at such meeting or action by written consent, subject to certain exceptions relating to proposals for which the recommendations made by Institutional Shareholder Services, Inc. (“ ISS”) and Glass Lewis & Co. LLC (“ Glass Lewis”) are inconsistent with the recommendation of the Board and to the GreenWood Group’s right to vote in its sole discretion on any proposal related to takeover defenses that ISS or Glass Lewis recommend against and with respect to an Extraordinary Transaction (as defined in the Agreement);

• the GreenWood Group will be subject to customary standstill restrictions, including, among other things, not: (i) acquiring beneficial ownership of more than 12.5% of the then-outstanding shares of the Company’s common stock; (ii) soliciting proxies and related matters; and (iii) engaging or participating in certain Extraordinary Transactions involving the Company, each of the foregoing subject to certain exceptions;

• neither the Company nor the GreenWood Group shall disparage or sue the other party, subject to certain exceptions;

• subject to certain conditions and the entrance into a customary confidentiality agreement between the Company and GreenWood, Mr. Smolinisky may provide confidential information to GreenWood; and

• the Company shall reimburse the GreenWood Group for up to $175,000 of reasonable and documented out-of-pocket expenses.

Additionally, under the terms of the Agreement, certain of the Company’s obligations, and certain of the GreenWood Group’s rights, shall terminate if the GreenWood Group fails to acquire and maintain aggregate beneficial ownership and the right to vote at least 5% of the then-outstanding shares of the Company’s common stock from November 24, 2025, through the 2026 Annual Meeting.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.