Document:

EXHIBIT 10.6

 

LOAN AGREEMENT

借貸協議

This loan agreement (“Agreement”)
is entered into as of January 20, 2014 (“Effective Date”) between Gulfstream Capital Partners, a Seychelles corporation
(“Gulfstream”), and Mrs Tai Chun-Ya, a Taiwan national and Taiwan Passport No. 303164743 (”Investor”).
In this Agreement, Gulfstream and Investor are each referred to as a “Party”, and together as the “Parties.”

本借貸協議(協議)訂立於二零一四年一月二十日(生效日),
由Gulfstream Capital Partners, 註冊於賽舌爾共和國有限公司(簡稱:
Gulfstream), 與戴春雅女士, 台灣國籍/護照號碼.
303164743(簡稱: 投資人), 雙方同意簽署此協議.
本協議用”一方”稱呼 Gulfstream或投資人, 或”雙方”稱呼二方.

 

 

RECITALS

序言

A.            Gulfstream owns 100% of the capital stock of China Motion Telecom (HK), Ltd. (“China Motion Stock”).

Gulfstream持有百分之百香港潤訊通訊公司股權(香港潤訊股份).

 

B.            Investor is willing to loan Gulfstream US$1,500,000 (“Loan Amount”), subject to the terms and conditions of
this Agreement.

投資人願意借款金額一百五十萬美金(借貸金額)給Gulfstream
, 此僅使用於協議中的規定.

 

 

AGREEMENT

主要條款

1.            Within three business days of the Effective Date, Gulfstream shall cause China Motion to open a new bank account in Hong
Kong that Investor shall be a signatory and have access to account balance information (“Escrow Account”).

在協議生效日起三個工作天內,
Gulfstream應在香港新開一個香港潤訊銀行的帳戶,
投資人為帳戶共同簽字人且可管理帳戶(專用帳戶).

 

 

2.            Within two business day of notice from Gulfstream, Investor shall release the Loan Amount (Account information as
detailed hereunder) to allow Gulfstream to pay the final amount due under a Loan Agreement between Gulfstream and Xin Hua to complete
Gulfstream’s acquisition of China Motion.

Name: XIN Hua

Bank: HSBC

Bank code: 004

SWIFT code: HSBCHKHHHKH

Bank account no.: 622-105427-833

 

於Gulfstream通知投資人後二個工作天內,
投資人需配合將此借貸金額支付因Gulfstream爲完成收購香港潤訊公司而需給付
Xin Hua貸款協議中的最後一筆款項.
匯款資料如下:

Name: XIN Hua

Bank: HSBC

Bank code: 004

SWIFT code: HSBCHKHHHKH

Bank account no.: 622-105427-833

    	1

    	 

    

3.            As soon as practical after the release of Xin Hua’s interest, Gulfstream shall cause the balance of China Motion’s
saving’s bank accounts, estimated to be USD1,000,000 (±10%),
except amounts required for working capital on a 60 day budget basis (“Reserve Amount”), to be transferred to the Escrow
Account. Thereafter, Gulfstream shall from time to time (on a monthly basis) continue to transfer from China Motion’s accounts
to the Escrow Account (up to the maximum limit of USD1,575,000) such cash flow of China Motion as exceeds the Reserve Amount. The
primary purpose of the Escrow Account balance shall be as security for repayment to Investor of the Loan Amount plus a return equal
to 10% per annum from January 27, 2014 through July 26, 2014 (“Repayment Amount”).

一旦Xin
Hua權利解除後, Gulfstream在扣除預估六十天所需營運資金(準備金)後,
Gulfstream應該將香港潤訊公司銀行存款帳戶結餘金額約美金一百萬元(±10%)轉至專用帳戶.
而後, Gulfstream 應每月扣除準備金後的現金餘額存入專用帳戶,
使帳戶餘額最高達美金一百五十七萬五千元.
這專用帳戶的結餘首要是用來擔保支付投資人出借的借貸金額,
以及從2014年
1月 27日
起至還款日期2014年
7月 26日止此期間10%年利率的利息(還款金額).

 

4.            On the same calendar day that is six months after the Effective Date (“Maturity Date”), Gulfstream agrees to
pay Investor the Repayment Amount, by release of the balance of the Escrow Account or otherwise. If the parties mutually agree,
Investor shall have the option to choose to receive payment of the Repayment Amount by Gulfstream causing China Motion to issue
or transfer to Investor (or as Investor directs) 15% of the China Motion Stock that is then outstanding. If the parties mutually
agree, the Maturity Date may be extended based on the same terms and conditions. At such time as the Repayment Amount is paid to
Investor in either cash or China Motion Stock, the Escrow Account balance shall be released to Gulfstream, the Escrow Account shall
be closed, and the obligations of both Parties under this Agreement shall end.

在協議生效後六個月(到期日),
Gulfstream同意用專用帳戶餘額或其他方式清償投資人還款金額.
若雙方完全同意下,
投資人可選擇拿回還款金額或是轉換成百分之十五的香港潤訊股份.
基於此協議中的相同條件下,
若雙方完全同意即可延長協議到期日.
這還款金額不論是用現金或潤訊股份支付給投資人,
在還款金額支付給投資人後,
這專用帳戶所剩的結餘應該還給Gulfstream,
這專用帳戶應關閉且雙方在此協議中的權利義務應結束.

 

5.            This Agreement shall be governed by the laws of Hong Kong, without regard to the conflict of laws principles thereof, as
the same apply to agreements executed solely between residents of Hong Kong and wholly to be performed within Hong Kong. Any dispute
between the Parties arising out of or relating to this Agreement shall be submitted to binding arbitration with the Hong Kong International
Arbitration Center for binding arbitration conducted in English by a single arbitrator. The dispute(s) shall be resolved pursuant
to the United Nations Commission on International Trade Law Arbitration Rules. The award of the arbitrator shall be final and binding
on the Parties and may be enforced in any court of competent jurisdiction. The substantially prevailing Party shall be entitled
to reasonable attorney fees, costs, and necessary disbursements in addition to any other relief to which such Party may be entitled.

本協議受香港特別行政區法律管轄及解釋(不受法律衝突原則),
適用法令與香港居民及所有於香港執行所簽署的協議亦同.
任何因本協議引起或產生的有關爭議,
應由一獨立仲裁員以英文向香港國際仲裁中心提出仲裁.
這些爭議應根據聯合國國際貿易法委員會仲裁規則.
仲裁員的最後裁決對雙方均有約束力,
且在任何有管轄權的司法機構都可強制執行.
實質獲勝方有權要求對方支付合理的律師費用,
訴訟成本,及其他可能發生的費用.

 

    	2

    	 

    

 

6.            This Agreement may be prepared and executed in both the English and Chinese language. In the event of any conflict between
the two languages on the meaning or interpretation of a word, phrase or clause in this Agreement, the English language version
shall prevail.

本協議提供英文及中文二種語言,
若因條文中的任何字義或解釋而引起的爭議,
則以英文解釋為主.

 

7.            This Agreement may be signed in as many counterparts as may be necessary, each of which so signed (including any signed
copy sent by electronic facsimile transmission) shall be deemed an original, such counterparts together shall constitute one and
the same instrument and, notwithstanding the date of the execution, shall be deemed to bear the Effective Date as set forth above.

本協議可能需要多份副本,每份副本均應視為正本(包含簽署是以傳真跟電子方式傳送),
正副本構成內容相同, 不論每份協議簽署日期為何,
均以協議上記載的協議生效日期為準.

	
         

         

         

         

         

        GULFSTREAM CAPITAL PARTNERS, LTD.

         

         

         

         

         

         

        By  /s/ Colin Tay

              Colin Tay, its President

              Tay YongLee Colin

              E15511509L

	
         

         

         

         

         

        INVESTOR

         

         

         

         

         

         

        By  /s/ Tai Chun-Ya

              Tai Chun-Ya

 

 

 

 

 

 

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  Exhibit 10.18    
    

  

January 27, 2014 

James
W. Kuhn

5 Harford View Dr.

Port Deposit, MD 21904

Dear
Jim: 

        This
letter will serve as the understanding and agreement ("Agreement") among Ignite Restaurant Group, Inc. (the "Company"), JCS Holdings, LLC ("JCS") and their respective
parents, subsidiaries, and affiliated companies (collectively, the "Company Group"), on the one hand, and you, on the other hand, with respect to your separation from employment. This Agreement will
not become effective or enforceable until the eighth (8th) day after you have executed this Agreement without having revoked it (the "Effective Date"). In the event you revoke this Agreement prior to
the Effective Date, this Agreement will have no force or effect. 

         DEFINITIONS.    Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in (i) the Unit Grant and
Joinder
Agreement, between JCS Holdings, LLC and James W. Kuhn, dated October 16, 2007, as amended (the "Unit Grant Agreement") or (ii) the Third Amended and Restated Limited Liability
Company Agreement of JCS Holdings, LLC, as amended (the "JCS Agreement"). 

        Separation Date.    Your last date of employment for the Company will be January 27, 2014 (the "Separation Date"). 

        RIGHTS
ON TERMINATION. Upon termination of your employment for any reason, you will be entitled to receive (i) all earned but unpaid base salary owed through the effective date of
termination, (ii) all amounts earned pursuant to the 2013 Ignite Restaurant Group Management Incentive Plan as and when determined by the Chief Executive Officer, (iii) all accrued but
unused vacation owed through the effective date of termination, and (iv) any reimbursements owed through the effective date of termination ((i), (ii) (iii)and (iv) collectively,
the "Accrued Amounts"). In accordance with the Omnibus Incentive Plan of 2012, as amended, all SAR's not vested as of the Separation Date will be forfeited. You will have the right to exercise all
SAR's that are vested and exercisable as of the Separation Date but must do so within thirty (30) days from the Separation Date. Except as expressly provided under this Agreement or as required
by law, no other compensation, severance, or benefits will be due or payable to you subsequent to termination. 

         SEPARATION RELEASE; SEPARATION PAYMENT.    If (i) you execute and deliver to the Company the additional release attached hereto as
Exhibit A (the "Separation Release") on or within twenty-one (21) days after the Separation Date, and (ii) you do not revoke the Separation Release, then subject to your material
compliance with the terms of this Agreement, the Company will pay you, in addition to the Accrued Amounts, severance pay in the gross amount of $68,750, less applicable withholdings, representing
thirteen (13) weeks of your current base salary (the "Severance Pay"). The Severance Pay will be payable in substantially equal installments in accordance with the Company's regular payroll
practices, commencing on the thirtieth (30th) day after the Separation Date (but with the first payment being a lump sum payment covering all payment periods from the Separation Date 

   

   

 

  

 

through
the date of such first payment). The Severance Pay will be paid in lieu of, and you hereby waive the right to receive, any other cash severance payment that you are otherwise eligible to
receive upon termination of employment under any other agreement between you and the Company Group (including, but not limited to, the Unit Grant Agreement) or under any severance plan, practice,
policy or program maintained by the Company Group or as otherwise required by law. 

         CONTINUED BENEFITS.    Subject to your material compliance with the terms of this Agreement, including your execution of the Separation
Release
described in the preceding paragraph, the Company will continue to provide to you your current medical, dental and vision coverage elections at your active employee rate as of the Separation Date for
a period of three (3) months after the Separation Date, subject to the terms and conditions of the applicable plans. The Company will provide you with this coverage in accordance with the
severance policy, which you would not otherwise be entitled to receive, only in consideration of your execution of the Agreement. If you wish to extend your group medical,
dental or vision coverage under COBRA, follow the instructions which will be provided to you within forty-four (44) days from the date that your coverage ends. The coverage described in this
paragraph is in lieu of, and you hereby waive the right to receive, any other coverage that you are otherwise eligible to receive upon termination of employment under any other agreement between you
and the Company Group (including, but not limited to, the Unit Grant Agreement) or under any severance plan, practice, policy or program maintained by the Company Group. 

        DISCONTINUATION OF OTHER BENEFITS.    Except as expressly provided under this Agreement or as required by law, no other compensation,
severance, or
benefits will be due or payable to you subsequent to the Separation Date. These include, but are not limited to, the dining discount benefit, 401K participation, and vacation accrual. 

         EXPENSE REPORTS AND COMPANY CREDIT CARD.    Any outstanding expense reports must be submitted within two weeks of your Separation Date.
These expense
reports will be processed in the normal course of business. 

        The
outstanding balance on any and all Company-issued credit card(s), including but not limited to your American Express Corporate Card account number ending in 51004, must be paid in
full within forty-five (45) days of your Separation Date. If a balance remains on any Company-issued credit card forty-six (46) days or more after your Separation Date, you agree that
Company is authorized to retain funds from any Accrued Amounts to satisfy any and all outstanding Company-issued credit card balance(s). 

         RETURN OF COMPANY PROPERTY.    On or before the date of termination of your employment, you must immediately return all Company Group
property,
including but not limited to, all credit cards, phone cards, dining discount cards, badges, air passes, beepers, pagers, cellular phones, fax machines, printers, computers, laptops, iPads, AV
equipment, home office furniture and/or equipment, keys, training materials, company documents and records, CD's, DVD's, computer disks, tapes, source codes, object codes, gift cards and certificates. 

         VERIFICATION OF EMPLOYMENT.    The Company will provide verification of your dates of employment and position held. Should you need to
refer a potential
employer to the Company to verify employment, have them contact Human Resources in our Houston Restaurant Support Center. 

2

 

         TRADE SECRETS, CONFIDENTIAL AND PROPRIETARY INFORMATION.    You acknowledge and agree that you had access to and received trade secrets
and confidential
business and proprietary information while working at the Company Group. Except as required by law and as provided in Paragraph 5 of the Unit Grant Agreement, you agree not disclose or use,
directly or indirectly, at any time, any confidential or proprietary business information of the Company Group. Such information includes, but is not limited to, lease information, personnel
information, marketing strategy, pricing strategy, object or source codes of any software, financial information regarding the Company Group and other information which is generally not known to
others unrelated to the Company Group. The restrictions in this paragraph are in addition to and not in lieu of any other obligations you have to protect the Company Group's trade secrets and
confidential and proprietary information, including, but not limited to, obligations arising under the Company Group's policies, ethical rules, and/or applicable law. Nothing in this Agreement is
intended to or should be interpreted as diminishing any rights and remedies the Company has under applicable law related to the protection of trade secrets or confidential information. 

         WAIVER OF NON-COMPETITION COVENANT.    The Company and JCS hereby waive their rights to enforce the non-competition covenant set forth in
Paragraph 5 (a) of the Unit Grant Agreement with respect to the period after the termination of your employment. 

         COOPERATION.    You agree that you will reasonably and appropriately respond to all reasonable inquiries from the Company Group relating
to any current
or future investigation, regulatory action, or litigation (including but not limited to any internal or external investigations), and shall make yourself reasonably available to confer with the
Company Group and/or its counsel and otherwise provide such assistance as the Company Group and/or its counsel may deem necessary in connection with such investigation, regulatory action, or
litigation. The Company will reimburse all out-of-pocket expenses incurred by you in connection with compliance with this section. 

         GENERAL RELEASE.    You acknowledge that this Agreement fulfills all obligations of the Company Group to you, including arising out of
your employment
with the Company, your termination of employment and matters covered in this Agreement. In exchange for the valuable consideration provided to you by this Agreement, except as otherwise expressly
provided in this Agreement, you, for and on behalf of yourself and each of your heirs, administrators, executors, personal representatives,
beneficiaries, successors and assigns, fully and completely release the Company, JCS and their respective parents, subsidiaries, and affiliated companies and all of their current and former officers
(other than yourself), directors, managers, members, partners, shareholders, agents, employees, employee benefit plans and fiduciaries, insurers, representatives, attorneys, transferees, successors
and assigns (collectively, the "Released Parties"), collectively, separately, and severally, of and from any and all claims, demands, damages, causes of action, debts, liabilities, controversies,
judgments, and suits of every kind and nature whatsoever, foreseen, unforeseen, known or unknown, which you have had, now have, or may have against the Released Parties (or any of them) from the
beginning of time up until the time you sign this Agreement. This release of claims includes, but is not limited to, all claims relating to or arising out of your employment, including the terms and
conditions of your employment and the termination of your employment; all claims of employment discrimination, harassment or retaliation under any federal, state or local statute or ordinance, public
policy or common law, including, without limitation, any and all claims under Title VII of the Civil Rights Act of 1964; the 

3

 

Equal
Pay Act; the Civil Rights Act of 1866; the Civil Rights Act of 1871; Executive Order 11246; the Age Discrimination in Employment Act of 1967; the Employee Retirement Income Security Act (with
respect to unvested benefits); the Consolidated Omnibus Budget Reconciliation Act; the Americans With Disabilities Act; the Rehabilitation Act; the Family and Medical Leave Act of 1993; the National
Labor Relations Act; the Worker Adjustment and Retraining Notification Act; the False Claims Act; the Texas Labor Code (specifically including the Texas Payday Act, the Texas Anti-Retaliation Act and
the Texas Commission on Human Rights Act); and the Texas Whistleblower Act, and all amendments to those laws; all contract and quasi-contract claims; all claims for promissory estoppel or detrimental
reliance; all claims for wages, bonuses, incentive compensation and severance allowances or entitlements; all claims for fraud, slander, libel, defamation, disparagement, negligent or intentional
infliction of emotional distress, personal injury, prima facie tort, negligence, compensatory or punitive damages, or any other claim for damages or injury of any kind whatsoever; and all claims for
monetary recovery, including, without limitation, attorneys' fees, experts' fees, medical fees or expenses, costs and disbursements. 

        Notwithstanding
the foregoing, this release of claims does not release claims (i) for unemployment or workers' compensation, (ii) for vested rights under ERISA-covered
employee benefit plans as applicable on the date you sign this Agreement, (iii) that may arise after you sign this Agreement, (iv) which cannot be released by private agreement, or
(v) for indemnification under the certificate of incorporation and bylaws of the Company, or under Delaware law. Nothing in this Agreement prevents you from filing a charge or complaint with or
from participating in an investigation or proceeding conducted by any federal, state or local agency charged with the enforcement of any employment laws, although by signing this release you are
waiving rights to individual relief based on claims asserted in such a charge or complaint, except charges before the NLRB or otherwise where such a waiver of individual relief is prohibited. 

         RELEASE OF CLAIMS BY COMPANY AND JCS.    Except for the obligations and privileges contained herein, the Company and JCS release, acquit,
and discharge
you, your successors and assigns (the "Kuhn Released Parties") from any and all claims arising out of your employment, your directorship, and/or the termination of your directorship and your
separation from employment, including, but not limited to, claims, claims of right to terminate you for "Cause," demands, damages, causes of action, debts, liabilities, controversies, judgments, and
suits of every kind and nature whatsoever, foreseen, unforeseen, known or unknown, which the Company and JCS have had, now have, or may have against the Kuhn Released Parties (or any of them) from the
beginning of time up until the time the Company signs this Agreement, provided that nothing herein shall release you from any criminal acts or acts of willful misconduct. 

        Contemporaneously
with delivery by you of the Separation Release, the Company and JCS shall deliver to you a Separation Release in the form of Exhibit B attached hereto. 

         REPRESENTATIONS.    You represent and warrant that (i) no litigation or other proceeding has been filed or is pending by you against
any of the
Released Parties, and that you have not sold, assigned, transferred, conveyed or otherwise disposed of any of the claims, demands, obligations, or causes of action released herein; (ii) except
as expressly provided herein, you have been properly paid for all hours worked, and that you have received all commissions, bonuses, and other compensation due (if any) through the date you sign this
Agreement; (iii) you have reported any and all work-related 

4

 

injuries
or illnesses that you may have incurred during your employment; and (iv) you are not aware of any act, failure to act, practice, policy, or activity of the Company Group that you
consider to be or to have been unlawful or potentially unlawful. 

        REVIEW OF AGREEMENT.    You acknowledge you have had the opportunity to review, consider and to ask questions about this Agreement for a
sufficient
time. You acknowledge that you have been advised to consult an attorney of your choice in connection with this Agreement. You further acknowledge that no promise or agreement of any kind, other than
those set out in writing in this Agreement, has been made to you by any person to cause you to sign this Agreement. 

         ENFORCEMENT.    In the event of a breach of in this Agreement, either party may pursue any remedy
available by law or in equity. In the event of litigation, arbitration, mediation or other proceeding to enforce the terms hereof, the prevailing party shall be entitled to recover its reasonable
attorney's fees and costs. 

         SEVERABILITY.    Should any provision of this Agreement be declared illegal or unenforceable by any court of competent jurisdiction and
cannot be
modified to be enforceable, excluding the general release language, such provision shall immediately become null and void, leaving the remainder of this Agreement in full force and effect. 

 CONSIDERATION PERIOD; REVOCATION PERIOD.  

        This Agreement includes a release of claims under the Age Discrimination in Employment Act of 1967 ("ADEA"). You have twenty-one
(21) days from the date this Agreement was initially delivered to you to decide whether to sign this Agreement (the "Consideration Period"). The Agreement should be returned to Juan Gallegos,
VP of Human Resources, by the end of the Consideration Period. Please fax the signed Agreement to Juan at 832-369-7298, or send overnight to Juan's attention at 9900 Westpark Drive,
Suite 300, Houston, TX 77063. 

        If
you decide to sign this Agreement before the expiration of the Consideration Period, which is solely your choice, you represent that your decision is knowing and voluntary. You
acknowledge and agree that any revisions made to this Agreement after it was initially delivered to you were either not material or were requested by you, and that such changes do not re-start the
Consideration Period. 

        You
may revoke this Agreement within seven (7) days of signing it by delivering a written notice of revocation to Juan Gallegos, VP of Human resources. For this revocation to be
effective, written notice must be received no later than the close of business on the seventh day after you have signed the Agreement. You understand and agree that this Agreement shall not become
effective or enforceable until the Effective Date, which is the eighth (8th) day after you have executed this Agreement without having revoked it. If you have any questions concerning this Agreement,
please feel free to contact Juan Gallegos, VP of Human Resources. 

         CONFIDENTIALITY.    You agree that the nature and terms of this Agreement are strictly confidential and you have not and will not disclose
them at any
time to any person other than your lawyer or accountant, a governmental agency, or your immediate family without the prior written consent of an officer of the Company, except as necessary in any
legal proceedings directly related to 

5

 

the
provisions and terms of this Agreement, to prepare and file income tax forms, or as required by court order after reasonable notice to the Company. 

         INDEMNIFICATION AND DIRECTORS' & OFFICERS' LIABILITY INSURANCE.    The Company shall continue to indemnify you, and shall provide
you with
Directors' & Officers' liability coverage commensurate with the Directors' & Officers' liability coverage covering you as of the Effective Date (provided you agree to execute any
required undertakings in connection therewith), for any claims which may arise from events occurring during your service to the Company and its affiliates in accordance with the Amended and Restated
Certificate of Incorporation of the Company and any ongoing indemnity therein provided or by the Indemnification Agreement between you and the Company dated May 10, 2012 or as provided by law.
JCS shall continue to indemnify you as provided in the JCS Agreement. 

         NON-ADMISSION.    This Agreement shall not be construed as an admission by you or any of the Released Parties of any liability or acts of
wrongdoing or
unlawful discrimination, nor shall it be considered to be evidence of such liability, wrongdoing, or unlawful discrimination. 

        ENTIRE AGREEMENT.    The parties acknowledge that this Agreement is the complete and exclusive statement of the agreement among the parties
regarding
the subject matter herein and supersedes and cancels any other oral or written agreements among the parties with the exception of the Unit Grant Agreement. 

         MODIFICATION.    No provision of this Agreement may be amended, changed, altered, or modified except in writing signed by you and a duly
authorized
representative of the Company, which writing shall specifically reference this Agreement and the provision(s) that the parties intend to modify. 

        WAIVER.    No term or condition of this Agreement shall be deemed to have been waived, nor shall there be an estoppel against the
enforcement of any
provision of this Agreement, except by written instrument of the party charged with such waiver or estoppel. 

         CHOICE OF LAW; VENUE.    This Agreement shall be deemed to be made in, and in all respects shall be interpreted, construed, and governed
by and in
accordance with, the laws of the State of Texas. 

        [signature page follows]

        Please
acknowledge your understanding of and agreement to all of the above terms by signing below. This Agreement may be transmitted by facsimile. 

 

									
	 Ignite Restaurant Group Inc.	 	JCS Holdings, LLC
	
 By:	
 	
/s/ RAYMOND BLANCHETTE III

 	
 	
By:	
 	
/s/ EDWARD W. ENGEL  

 
	 	 	Raymond Blanchette,	 	 	 	Name:	 	Edward W. Engel
	 	 	 Chief Executive Officer	 	 	 	Title:	 	 Vice President

 

 6

 

I
have fully read, understand and agree to all of the above. 

 

					
	/s/ JAMES W. KUHN

  James W. Kuhn	 	1-27-14

  Date	 	 

 

 7

 

 
 

  EXHIBIT A
  
    SEPARATION RELEASE    
    

        I, James W. Kuhn, am executing this Separation Release this ("Release") pursuant to the letter agreement among Ignite Restaurant
Group, Inc. (the "Company"), JCS Holdings, LLC ("JCS") and their respective parents, subsidiaries, and affiliated companies (collectively, the "Company Group"), on the one hand, and me,
on the other hand, dated January 27, 2014 (the "Agreement"). 

         GENERAL RELEASE.    In consideration for the benefits provided under the Agreement, to which I would otherwise not be entitled, I, for and
on behalf of
myself and each of my heirs, administrators, executors, personal representatives, beneficiaries, successors and assigns, except as otherwise expressly provided in the Agreement, fully and completely
release the Company, JCS and their respective parents, subsidiaries, and affiliated companies and all of their current and former officers, directors, managers, members, partners, shareholders,
agents, employees, employee benefit plans and fiduciaries, insurers, representatives, attorneys, transferees, successors and assigns (collectively, the "Released Parties"), collectively, separately,
and severally, of and from any and all claims, demands, damages, causes of action, debts, liabilities, controversies, judgments, and suits of every kind and nature whatsoever, foreseen, unforeseen,
known or unknown, which I have had, now have, or may have against the Released Parties (or any of them) from the beginning of time up until the time I sign this Agreement. This release of claims
includes, but is not limited to, all claims relating to or arising out of my employment, including the terms and conditions of my employment and the termination of my employment; all claims of
employment discrimination, harassment or retaliation under any federal, state or local statute or ordinance, public policy or common law, including, without limitation, any and all claims under Title
VII of the Civil Rights Act of 1964; the Equal Pay Act; the Civil Rights Act of 1866; the Civil Rights Act of 1871; Executive Order 11246; the Age Discrimination in Employment Act of
1967; the Employee Retirement Income Security Act (with respect to unvested benefits); the Consolidated Omnibus Budget Reconciliation Act; the Americans With Disabilities Act; the Rehabilitation Act;
the Family and Medical Leave Act of 1993; the National Labor Relations Act; the Worker Adjustment and Retraining Notification Act; the False Claims Act; the Texas Labor Code (specifically including
the Texas Payday Act, the Texas Anti-Retaliation Act and the Texas Commission on Human Rights Act); and the Texas Whistleblower Act, and all amendments to those laws; all contract and quasi-contract
claims; all claims for promissory estoppel or detrimental reliance; all claims for wages, bonuses, incentive compensation and severance allowances or entitlements; all claims for fraud, slander,
libel, defamation, disparagement, negligent or intentional infliction of emotional distress, personal injury, prima facie tort, negligence, compensatory or punitive damages, or any other claim for
damages or injury of any kind whatsoever; and all claims for monetary recovery, including, without limitation, attorneys' fees, experts' fees, medical fees or expenses, costs and disbursements.
Notwithstanding the foregoing, this Release does not release claims (i) for unemployment or workers' compensation, (ii) for vested rights under ERISA-covered employee benefit plans as
applicable on the date I sign this Release, (iii) that may arise after I sign this Release, (iv) which cannot be released by private agreement, or (v) for indemnification under
the certificate of incorporation and bylaws of Ignite Restaurant Group, Inc., or under Delaware law. I understand that nothing in this Release prevents me from filing a charge or complaint with
or from participating in an investigation or proceeding conducted by any federal, state or local agency charged with the enforcement of any employment laws, although by signing this Release I am
waiving rights to individual relief based on claims asserted in 

   

   

 

  

 

such
a charge or complaint, except charges before the NLRB or otherwise where such a waiver of individual relief is prohibited. 

         REPRESENTATIONS.    I represent and warrant that (i) no litigation or other proceeding has been filed or is pending by me against any
of the
Released Parties, and that I have not sold, assigned, transferred, conveyed or otherwise disposed of any of the claims, demands, obligations, or causes of action released herein; (ii) except as
expressly provided in the Agreement, I have been properly paid for all hours worked, and that I have received all commissions, bonuses, and other compensation due (if any) through the date I sign this
Release; (iii) I have reported any and all work-related injuries or illnesses that I may have incurred during my employment; (iv) I am not aware of any act, failure to act, practice,
policy, or activity of the Company Group that I consider to be or to have been unlawful or potentially unlawful; and (v) I have returned (or will return prior to my last day of employment) all
Company Group property, including but not limited to, all credit cards, phone cards, dining discount cards, badges, air passes, beepers, pagers, cellular phones, fax machines, printers, computers,
laptops, iPads, AV equipment, home office furniture and/or equipment, keys, training materials, company documents and records, CD's, DVD's, computer disks, tapes, source codes, object codes, gift
cards and certificates. 

 CONSIDERATION PERIOD; REVOCATION PERIOD.  

        I understand that this Release includes a waiver of claims under the Age Discrimination in Employment Act of 1967 ("ADEA"), and that I
have twenty-one (21) days from January 27 2014 to decide whether to sign this Release (the "Consideration Period"). I understand that if I decide to sign this Release, I must return a
signed copy to Juan Gallegos, VP of Human Resources by no later than February 17, 2014. I understand that I may fax the signed Release to Juan at 832-369-7298, or send overnight to Juan's
attention at 9900 Westpark Drive, Suite 300, Houston, TX 77063. 

        If
I decide to sign this Release before the expiration of the Consideration Period, which is solely my choice, I agree that my decision is knowing and voluntary. I acknowledge and agree
that any revisions made to this Release after it was initially delivered to me were either not material or were requested by me, and do not re-start the Consideration Period. I acknowledge and agree
that I have been advised to consult with an attorney prior to signing this Release. 

        I
understand that I have seven (7) days from the date I sign this Release to revoke the Release by delivering a written notice of revocation to Juan Gallegos, VP of Human
Resources. I understand that for this revocation to be effective, written notice must be received no later than the close of business
on the seventh day after the date I have signed this Release. This Release shall not become effective or enforceable until the eighth (8th) day after I sign this Release without having revoked it (the
"Effective Date"). 

         REVIEW OF RELEASE.    I acknowledge that I have had the opportunity to review, consider and to ask questions about this Release for a
sufficient time. I
further acknowledge that no promise or agreement of any kind, other than those set out in writing in this Release, has been made to me by any person to cause you to sign this Release. 

9

 

         SEVERABILITY.    Should any of the provisions set forth in this Release be determined to be invalid by a court, agency or other tribunal
of competent
jurisdiction, it is agreed that such determination shall not affect the enforceability of other provisions of this Release. 

        CHOICE OF LAW; VENUE.    This Release shall be deemed to be made in, and in all respects shall be interpreted, construed, and governed by
and in
accordance with, the laws of the State of Texas. 

AGREED
TO AND ACCEPTED this        Day of                        , 2014. 

 

			
	  

  James W. Kuhn	 	 

 

 10

 
 
 

  EXHIBIT B
  
    SEPARATION RELEASE    
    

        Ignite Restaurant Group Inc. and JCS Holdings, LLC are hereby executing this Separation Release this ("Release") pursuant
to the letter agreement among Ignite Restaurant Group Inc., JCS Holdings, LLC, and their parents, subsidiaries, and affiliated companies (collectively, the "Company"), on the one hand,
and James W. Kuhn (or "you"), on the other hand, dated January 27, 2014 (the "Agreement"). 

         RELEASE OF CLAIMS BY COMPANY AND JCS.    Except for the obligations and privileges contained in the Agreement, the Company and JCS release,
 acquit, and
discharge you, your successors and assigns (the "Kuhn Released Parties") from any and all claims arising out of your employment, your directorship, and/or the termination of your directorship and your
separation from employment, including but not limited to, claims, claims of right to terminate you for "Cause," demands, damages, causes of action, debts, liabilities, controversies, judgments, and
suits of every kind and nature whatsoever, foreseen, unforeseen, known or unknown, which the Company and JCS have had, now have, or may have against the Kuhn Released Parties (or any of them) from the
beginning of time up until the time the Company signs this Agreement, provided that nothing herein shall release you from any criminal acts or acts of willful misconduct. 

        SEVERABILITY.    Should any of the provisions set forth in this Release be determined to be invalid by a court, agency or other tribunal of
competent
jurisdiction, it is agreed that such determination shall not affect the enforceability of other provisions of this Release. 

         CHOICE OF LAW; VENUE.    This Release shall be deemed to be made in, and in all respects shall be interpreted, construed, and governed by
and in
accordance with, the laws of the State of Texas. 

AGREED
TO AND ACCEPTED this        day of                        , 2014. 

 

									
	 Ignite Restaurant Group Inc.	 	JCS Holdings, LLC
	
 By:	
 	
 

 	
 	
By:	
 	
    

 
	 	 	Raymond Blanchette,	 	 	 	Name:	 	Edward W. Engel
	 	 	 Chief Executive Officer	 	 	 	Title:	 	 Vice President

 

 11

QuickLinks

Exhibit 10.18

EXHIBIT A SEPARATION RELEASE

EXHIBIT B SEPARATION RELEASE

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