| a.   | all trademarks, service marks, corporate names, company names, business names, fictitious business names, trade styles, trade dress, logos, other source or business identifiers, designs and general intangibles of like nature, now existing or hereafter adopted oracquired, all registrations thereof (if any), and all registration and recording applications filed in connection therewith, including registrations and registration applications in the United States Patent and Trademark Office (but excluding “intent to use” applications for trademark or service mark registrations filed pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051), and all renewals thereof, including those listed on Schedule I attached hereto (the “Trademarks”); |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b.   | all goodwill associated with or symbolized by the Trademarks; |
|----------------|---------------------------------------------------------------|

| c.   | all claims for, and rights to sue for, past or future infringements of any of the foregoing; and |
|----------------|--------------------------------------------------------------------------------------------------|

| d.   | all income, royalties, damages and payments now or hereafter due and payable with respect to any of the foregoing, including damages and payments for past or future infringement thereof. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| CKE RESTAURANTS, INC., for Itself and as Sole Member of CKE DISTRIBUTION, LLC and AEROWAYS, LLC  |
|-------------------------------------------------------------------------------------------------------|
| CARL KARCHER ENTERPRISES, INC.                                                                   |
| HARDEE’S FOOD SYSTEMS, INC.                                                                |
| FLAGSTAR ENTERPRISES, INC.                                                                       |
| SPARDEE’S REALTY, INC.                                                                     |
| HED, INC.                                                                                        |
| BURGER CHEF SYSTEMS, INC.                                                                        |
| SANTA BARBARA RESTAURANT GROUP, INC.                                                             |
| GB FRANCHISE CORPORATION                                                                         |
| CHANNEL ISLANDS ROASTING COMPANY                                                                 |
| CARL'S JR. REGION VIII, INC.                                                                     |
| CKE REIT II, INC.                                                                                |

----

| STATE OF CALIFORNIA           |  )     |
|-------------------------------|-------------|
|                          |  ) ss. |
|  COUNTY OF SANTA BARBARA |  )     |

----

----

| Mark                                                                            | Class           | App. No.App. Date  | Reg. No.Reg. Date   |
|---------------------------------------------------------------------------------|-----------------|--------------------|---------------------|
|                                                                                 | 42              | 72/334,58808/06/69 | 914,46906/08/71     |
|                                                                                 | 32              | 74/044,28803/29/90 | 1,631,81901/15/91   |
|                                                                                 | 42              | 72/423,03905/01/72 | 965,26607/31/73     |
|                                                                                 | 42              | 75/406,52812/17/97 | 2,220,43301/26/99   |
|                                                                                 | 29, 30 & 31 | 73/391,49409/28/82 | 1,297,84509/25/84   |
|                                                                                 | 42              | 75/433,54502/12/98 | 2,423,69801/23/01   |
|                                                                                 | 42              | 75/555,43909/18/98 | 2,281,66009/28/99   |
|                                                                                 | 42              | 75/555,22509/18/98 | 2,290,20611/02/99   |
|                                                                                 | 42              | 75/556,43709/23/98 | 2,288,99710/26/99   |
|                                                                                 | 16, 20 & 21 | 73/502,849         | 1,383,33902/18/86   |
|                                                                                 | 42              | 73/173,129         | 1,112,01301/23/79   |
|                                                                                 | 42              | 73/220,02206/18/79 | 1,151,33004/14/81   |
| BACON SWISS CRISPY CHICKEN                                                      | 30              | 77/068,33412/20/06 | 3,328,05810/30/07   |
| BREAKFAST AS BIG AS OUR BURGERS                                                 | 43              | 77/507,19306/24/08 | 3,628,56605/26/09   |
| CARL’S CATCH FISH SANDWICH                                                | 30              | 77/068,32912/20/06 | 3,619,80705/12/09   |
|                                                                                 | 43              | 77/169,21404/30/07 | 3,489,65508/19/08   |
| CARL’S JR.                                                                | 42              | 72/334,58708/06/69 | 901,31510/20/70     |
| CARL’S JR.                                                                | 16, 20 & 21 | 73/504,89510/22/84 | 1,400,27207/08/86   |
| CARL’S JR. JR.                                                            | 42              | 75/135,83707/18/96 | 2,141,49803/03/98   |
|                                                                                 | 43              | 77/004,73709/21/06 | 3,524,58710/28/08   |
|                                                                                 | 43              | 77/007,12309/25/06 | 3,550,63412/23/08   |
|                                                                                 | 43              | 77/007,12509/25/06 | 3,807,40606/22/2010 |
|                                                                                 | 43              | 77/665,55102/06/09 | 3,791,07905/18/2010 |
|                                                                                 | 43              | 77/470,87705/09/08 | 3,719,41212/01/09   |
| COOL COMBOS FOR KIDS                                                            | 42              | 75/504,66106/18/98 | 2,272,06108/24/99   |
| COOL KIDS COMBOS                                                                | 30              | 76/329,54210/23/01 | 2,773,97510/14/03   |
| DON’T BOTHER ME, I’M EATING                                         | 42              | 75/923,18702/18/00 | 2,625,83009/24/02   |
| FAMOUS STAR                                                                     | 30              | 77/068,39612/20/06 | 3,612,92304/28/09   |
| FRENCH TOAST DIPS                                                               | 42              | 73/551,36108/02/85 | 1,475,40702/02/88   |
| FRENCH TOAST DIPS                                                               | 30              | 73/602,43208/02/85 | 1,424,17901/06/87   |
| HAPPY STAR                                                                      | 42              | 73/105,77711/08/76 | 1,084,35101/31/78   |
| IF IT DOESN’T GET ALL OVER THE PLACE IT DOESN’T BELONG IN YOUR FACE | 42              | 74/701,37407/14/95 | 2,002,66509/24/96   |
| LOW CARB BREAKFAST BOWL                                                         | 30              | 78/361,63902/03/04 | 3,042,94701/10/06   |
| MORE THAN JUST A PIECE OF MEAT                                                  | 43              | 77/665,57108/25/09 | 3,773,11604/06/10   |
| SOME GUYS WOULD STARVE WITHOUT US                                               | 42              | 75/923,12502/18/00 | 2,613,17708/27/02   |
| STAR DINER                                                                      | 42              | 75/741,94107/01/99 | 2,716,87605/20/03   |
| SUNRISE CROISSANT                                                               | 30              | 77/068,40512/20/06 | 3,395,49603/11/08   |
| SUNRISE SANDWICH                                                                | 30              | 73/359,28104/12/82 | 1,247,82808/09/83   |
| SUPER STAR                                                                      | 42              | 73125,69605/09/77  | 1,099,03908/08/78   |
| THE BACON CHEESE SIX DOLLAR BURGER                                              | 30              | 77/068,35112/20/06 | 3,573,07902/10/09   |
| THE DOUBLE SIX DOLLAR BURGER                                                    | 30              | 77/068,34212/20/06 | 3,573,07802/10/09   |
| THE FOOD IS THE FRANCHISE                                                       | 35              | 77/276,30609/11/07 | 3,522,03610/21/08   |
| THE GUACAMOLE BACON SIX DOLLAR BURGER                                           | 30              | 77/068,37512/20/06 | 3,573,08102/10/09   |
| THE LOW CARB SIX DOLLAR BURGER                                                  | 30              | 77/068,36412/20/06 | 3,573,08002/10/09   |
| THE ORIGINAL SIX DOLLAR BURGER                                                  | 30              | 77/068,38512/20/06 | 3,573,08202/10/09   |
| THE PRIME RIB SIX DOLLAR BURGER                                                 | 30              | 77/537,26608/01/08 | 3,697,64610/20/09   |
| THE SIX DOLLAR BURGER                                                           | 30              | 76/319,34909/28/01 | 2,980,08807/26/05   |
| THE SIX DOLLAR BURGER                                                           | 30              | 77/221,82407/03/07 | 3,369,11401/15/08   |
| THE WESTERN BACON SIX DOLLAR BURGER                                             | 30              | 78/260,52606/10/03 | 2,912,79912/21/04   |
| WESTERN BACON CHEESEBURGER                                                      | 42              | 73/457,44612/15/83 | 1,456,92209/08/87   |
| WESTERN BACON CHEESEBURGER                                                      | 30              | 73/636,88612/22/86 | 1,481,76203/22/88   |

----

| Mark                                      | Class  | App. No.App. Date   |
|-------------------------------------------|--------|---------------------|
| BURGER SLAYER                             | 43     | 77/571,46309/16/08  |
|                                           | 43     | 77/470,91605/09/08  |
| DOUBLE WESTERN BACON CHEESEBURGER         | 30     | 77/837,69309/29/09  |
| FIRING ON ALL CYLINDERS                   | 43     | 77/566,68309/10/08  |
| GREAT BURGERS DEMAND GREAT FLAVORS        | 43     | 77/474,27005/14/08  |
| LITTLE CARL                               | 30, 43 | 85/018,6614/20/2010 |
| MONSTER BREAKFAST SANDWICH                | 43     | 77/476,70105/16/08  |
|                                           | 30     | 77/836,59809/02/09  |
| THE BIG CARL                              | 30     | 77/772,62907/01/09  |
| THE GUY GAMES                             | 43     | 77/591,63510/13/08  |
| THE JALAPENO SIX DOLLAR BURGER            | 30     | 77/837,71009/29/09  |
| THE PORTOBELLO MUSHROOM SIX DOLLAR BURGER | 30     | 77/837,70409/29/09  |
| THE WHEEL OF AWESOME                      | 9, 41  | 85/00775604/06/10   |

----

| Mark                             | App. No.App. Date  | Reg. No.Reg. Date |
|----------------------------------|--------------------|-------------------|
| CHANNEL ISLANDS ROASTING COMPANY | 78/394,31703/31/04 | 3,026,86212/13/05 |
|                                  | 78/395,78504/02/04 | 3,026,87912/13/05 |

----

| Trademark                                            | Reg. No. | Registration Date |
|------------------------------------------------------|----------|-------------------|
| BIG COUNTRY                                          | 1957006  | 2/20/1996         |
| BIG TWIN                                             | 2650355  | 11/12/2002        |
| BISCUIT HOLES                                        | 3739930  | 1/19/2010         |
| BURGER CHEF                                          | 1776896  | 6/15/1993         |
| BURGER CHEF and Design                               | 1832980  | 4/26/1994         |
| COME ON HOME                                         | 2562539  | 4/16/2002         |
| FRISCO BREAKFAST SANDWICH                            | 3049236  | 1/24/2006         |
| HAND SCOOPED ICE CREAM SHAKES & MALTS and Design | 3040986  | 1/10/2006         |
| HARDEE’S                                       | 1825221  | 3/8/1994          |
| HARDEE’S                                       | 1729627  | 11/3/1992         |
| HARDEE’S                                       | 0741048  | 11/20/1962        |
| HARDEE’S and Design                            | 1774336  | 6/1/1993          |
| HARDEE’S and Design                            | 1817990  | 1/25/1994         |
| HARDEE’S FRISCO                                | 1872913  | 1/10/1995         |
| HOME OF THE THICKBURGER                              | 3276896  | 8/7/2007          |
| HOT MELTS                                            | 1998838  | 9/3/1996          |
| MONSTER BURGER                                       | 1716175  | 9/15/1992         |
| MONSTER THICKBURGER                                  | 3672671  | 8/25/2009         |
| PRIME RIB THICKBURGER                                | 3583173  | 3/3/2009          |
| RISE AND SHINE                                       | 1932512  | 11/7/1995         |
| SLAMMERS                                             | 2830916  | 4/6/2004          |
| TAILGATE PACK                                        | 1815228  | 1/4/1994          |
| THE FRISCO and Design                                | 0758506  | 10/15/1963        |
| THICKBURGER                                          | 3026394  | 12/13/2005        |
| THICKBURGERS                                         | 3362346  | 1/1/2008          |
| WHERE AMERICA GOES FOR BREAKFAST                     | 2037209  | 2/11/1997         |
| GLUTEN-FREE IT                                       | 3784437  | 5/4/2010          |
| HASH ROUNDS                                          | 3789824  | 5/18/2010         |
| LOW CARB IT                                          | 3784436  | 5/4/2010          |
| THE BIG HARDEE                                       | 3784022  | 5/4/2010          |
| TRIM IT                                              | 3784438  | 5/4/2010          |
| VEG IT                                               | 3784435  | 5/4/2010          |

----

| Trademark                                          | Reg. No. | Registration Date |
|----------------------------------------------------|----------|-------------------|
| HARDEE’S CHARBROILED BURGERS and Design      | 2417015  | 1/2/2001          |
| HARDEE’S CHARBROILED BURGERS and Design      | 2292781  | 11/16/1999        |
| HARDEE’S CHARBROILED THICKBURGERS and Design | 3295053  | 9/18/2007         |
| THE FOOD IS THE FRANCHISE                          | 3522036  | 10/21/2008        |

----

| Trademark                                              | Ser. No.       | App. Date   |
|--------------------------------------------------------|----------------|-------------|
| MADE FROM SCRATCH BISCUITS and Design                  | 85/013693      | 04/14/2010  |
| THERE'S NOTHING FRESH ABOUT PRE-COOKED CHICKEN         | 85054231  | 03-JUN-2010 |
| BECAUSE THERE'S NOTHING FRESH ABOUT PRE-COOKED CHICKEN | 85054235  | 03-JUN-2010 |
| MONSTER BISCUIT                                        | 85047496  | 25-MAY-2010 |

----

| STAR BUFFET     | 42 | 75/236,93902/05/97 | 2,265,35107/27/99 |
|-----------------|----|--------------------|-------------------|
| CKE RESTAURANTS | 43 | 78/487,85909/22/04 | 3,070,41003/21/06 |

----

| Mark                      | Class(es) | Application No.Filing Date | Registration No.Registration Date |
|---------------------------|-----------|----------------------------|-----------------------------------|
|                           | 42        | 74/165,4745/10/91          | 1,689,45405/26/92                 |
|                           | 43        | 78/154,77908/15/02         | 2,924,10102/10/05                 |
|                           | 43        | 78/154,78108/15/02         | 2,846,55705/25/04                 |
| BIG ED BURRITO            | 30        | 74/108,93110/22/90         | 1,707,04008/11/92                 |
| GREEN BURRITO             | 43        | 78/480,52509/08/04         | 3,015,45411/15/05                 |
| THE AUTHENTIC ALTERNATIVE | 43        | 77/101,56102/07/07         | 3,412,37204/15/08                 |
| THE GREEN BURRITO         | 29, 30    | 77/068,30612/20/06         | 3,526,23311/04/08                 |
| RED BURRITO               | 43        | 78/645,33606/07/05         | 3,263,52407/10/07                 |

----