Document:

Assignment No. 8 of Receivables in Additional Asset Pool One Accounts

 Exhibit 10.2 
  
 ASSIGNMENT NO. 8 OF RECEIVABLES IN ADDITIONAL ACCOUNTS INCLUDED IN ASSET POOL ONE (this “Assignment”), dated as of
September 30, 2005, by and between CHASE ISSUANCE TRUST (the “Trust”) and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”) as collateral agent (in such capacity, the “Collateral Agent”), pursuant to the Asset
Pool One Supplement referred to below, and acknowledged by Chase Bank USA, National Association (formerly known as Chase Manhattan Bank USA, National Association), in its capacity as servicer under the Amended and Restated Transfer and Servicing
Agreement, dated as of October 15, 2004, as amended by the First Amendment thereto, dated as of May 10, 2005, each by and between Chase Bank USA, National Association, as transferor and servicer, and Wells Fargo Bank, National Association,
as indenture trustee (in such capacity, the “Indenture Trustee”) and Collateral Agent. 
  
 W I T N E S S E T H: 
  
 WHEREAS, the Trust and Wells Fargo, as Collateral Agent and Indenture Trustee, are parties to the Amended and Restated Asset Pool One Supplement, dated as of October 15, 2004, as amended by the First Amendment
thereto, dated as of May 10, 2005 (hereinafter as such agreement may have been, or may from time to time be, amended, supplemented or otherwise modified, the “Asset Pool One Supplement”); 
  
 WHEREAS, pursuant to the Asset Pool One Supplement, the Trust wishes to
designate Additional Accounts to be included as Asset Pool One Accounts and to pledge hereby the Receivables of such Additional Accounts (as each such term is defined in the Asset Pool One Supplement), whether now existing or hereafter created, to
the Collateral Agent to be included as Asset Pool One Receivables; and 
  
 WHEREAS, the Collateral Agent, on behalf of and for the benefit and security of the Asset Pool One Noteholders, the Indenture Trustee, in its individual capacity and the Collateral Agent, in its individual capacity, is willing to accept
such designation and pledge subject to the terms and conditions hereof; 
  
 NOW, THEREFORE, the Trust and the Collateral Agent hereby agree as follows: 
  
 1. Defined Terms. All capitalized terms used herein shall have the meanings ascribed to them in the Asset Pool One Supplement unless otherwise defined herein. 
  
 “Addition Cut Off Date” shall mean, with respect to the
Additional Accounts designated hereby, August 31, 2005. 
  
 “Addition Date” shall mean, with respect to the Additional Accounts designated on Schedule 1 hereto, September 30, 2005. 

 “Notice Date” shall mean, with respect to the Additional Accounts designated on Schedule
1 hereto, September 16, 2005. 
  
 2. Designation of
Additional Accounts. On or before the Addition Date, the Trust shall deliver to the Collateral Agent a computer file containing a true and complete list of each VISA and MasterCard account which, as of the Addition Date, shall be deemed to be an
Additional Asset Pool One Account, identified by account number and the aggregate amount of the Receivables in each such Additional Asset Pool One Account as of the Addition Cut Off Date, which computer file shall be marked as Schedule 1 to this
Assignment and which shall be, as of the Addition Date, incorporated into and made a part of this Assignment and the Asset Pool One Supplement. 
  
 3. Pledge of Receivables. (a) The Issuer hereby grants to the Collateral Agent for the benefit and security of the Asset Pool One Noteholders,
the Indenture Trustee, in its individual capacity and the Collateral Agent, in its individual capacity, a security interest in all of its right, title and interest, whether owned on the Addition Cut Off Date or thereafter acquired, in the
Receivables existing on the Addition Cut Off Date or thereafter created in the Additional Asset Pool One Accounts, all Interchange and Recoveries related thereto, all monies due or to become due and all amounts received or receivable with respect
thereto and the “proceeds” (including “proceeds” as defined in the applicable UCC) thereof and Insurance Proceeds relating thereto to secure the Asset Pool One Notes (and the obligations under the Indenture and the Asset Pool One
Supplement), equally and ratably without prejudice, priority or distinction between any Asset Pool One Note by reason of difference in time of issuance or otherwise, except as otherwise expressly provided in the Indenture, or in the Indenture
Supplement which establishes any Series, Class or Tranche of Notes, and to secure (i) the payment of all amounts due on such Asset Pool One Notes in accordance with their respective terms, (ii) the payment of all other sums payable by the
Issuer under the Indenture, any Indenture Supplement and the Asset Pool One Supplement relating to the Asset Pool One Notes and (iii) compliance by the Issuer with the provisions of the Indenture, any Indenture Supplement or the Asset Pool One
Supplement relating to the Asset Pool One Notes. This Assignment constitutes a security agreement under the UCC. 
  
 (b) If necessary, the Trust agrees to record and file, at its own expense, financing statements (and continuation statements when applicable) with respect
to the Asset Pool One Receivables in Additional Asset Pool One Accounts existing on the Addition Cut Off Date and thereafter created meeting the requirements of applicable state law in such manner and in such jurisdictions as are necessary to
perfect, and maintain perfection of, the sale and assignment of its interest in such Asset Pool One Receivables to the Collateral Agent, and to deliver a file-stamped copy of each such financing statement or other evidence of such filing to the
Collateral Agent on or prior to the Addition Date. The Collateral Agent shall be under no obligation whatsoever to file such financing or continuation statements or to make any filing under the UCC in connection with such sale and assignment.

  

 2 

 (c) In connection with such transfers, the Trust further agrees, at its own expense, on or prior to the
date of this Assignment, to indicate in the appropriate computer files that Receivables created in connection with the Additional Asset Pool One Accounts and designated hereby have been pledged to the Collateral Agent pursuant to this Assignment for
the benefit and security of the Asset Pool One Noteholders, the Indenture Trustee, in its individual capacity and the Collateral Agent, in its individual capacity. 
  
 (d) It is the intention of the parties hereto that all pledges of Receivables to the Collateral Agent pursuant to this
Assignment be subject to, and be treated in accordance with, the Delaware Act and each of the parties hereto agrees that this Assignment has been entered into by the parties hereto in express reliance upon the Delaware Act. For purposes of complying
with the requirements of the Delaware Act, each of the parties hereto hereby agrees that any property, assets or rights purported to be pledged, in whole or in part, by the Trust pursuant to this Assignment shall be deemed to no longer be the
property, assets or rights of the Trust. The parties hereto acknowledge and agree that each such transfer is occurring in connection with a “securitization transaction” within the meaning of the Delaware Act. 
  
 4. Acceptance by Collateral Agent. The Collateral Agent hereby
acknowledges its acceptance of all right, title and interest in and to the Receivables in the Additional Asset Pool One Accounts now existing and hereafter created, pledged to the Collateral Agent pursuant to Section 3(a) of this Assignment and
declares that it shall maintain such right, title and interest, upon the trust herein set forth, for the benefit and security of the Asset Pool One Noteholders, the Indenture Trustee, in its individual capacity and the Collateral Agent, in its
individual capacity. 
  
 5. Representations and Warranties of
the Trust. The Trust hereby represents and warrants to the Collateral Agent, as the Addition Date, that: 
  
 (a) Conditions Precedent. All of the requirements for the addition of Accounts set forth under subsection 2.12(c) of the Transfer and Servicing
Agreement shall have been satisfied and all of the representations and warranties set forth under subsection 2.04(a) of the Transfer and Servicing Agreement to be made on each Addition Date shall be true and correct in all material respects on such
Addition Date; 
  
 (b) Legal Valid and Binding Obligation.
This Assignment constitutes a legal, valid and binding obligation of the Trust enforceable against the Trust in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium
or other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and except as such enforceability may be limited by general principles of equity (whether considered in a suit at law or in equity);

  
 (c) Eligibility of Accounts. As of the Addition Cut Off
Date, each Additional Account designated hereby is an Eligible Account; 
  

 3 

 (d) Insolvency. As of each of the Addition Cut Off Date and the Addition Date, no Insolvency Event
with respect to the Trust has occurred and the transfer by the Transferor of Receivables arising in the Additional Accounts to the Collateral Agent has not been made in contemplation of the occurrence thereof; 
  
 (e) No Adverse Effect. The acquisition by the Collateral Agent of the
Receivables arising in the Additional Accounts shall not, in the reasonable belief of the Trust, result in an Adverse Effect; 
  
 (f) No Conflict. The execution and delivery by the Trust of this Assignment, the performance of the transactions contemplated by this Assignment
and the fulfillment of the terms hereof applicable to the Trust, will not conflict with or violate any Requirements of Law applicable to the Trust or conflict with, result in any breach of any of the material terms and provisions of, or constitute
(with or without notice or lapse of time or both) a material default under, any indenture, contract, agreement, mortgage, deed of trust or other instrument to which the Trust is a party or by which it or its properties are bound; 
  
 (g) No Proceedings. There are no proceedings or investigations,
pending or, to the best knowledge of the Trust, threatened against the Trust before any court, regulatory body, administrative agency or other tribunal or governmental instrumentality (i) asserting the invalidity of this Assignment,
(ii) seeking to prevent the consummation of any of the transactions contemplated by this Assignment, (iii) seeking any determination or ruling that, in the reasonable judgment of the Trust, would materially and adversely affect the
performance by the Transferor of its obligations under this Assignment or (iv) seeking any determination or ruling that would materially and adversely affect the validity or enforceability of this Assignment; and 
  
 (h) All Consents. All authorizations, consents, orders or approvals of
any court or other governmental authority required to be obtained by the Trust in connection with the execution and delivery of this Assignment by the Trust and the performance of the transactions contemplated by this Assignment by the Trust, have
been obtained. 
  
 6. Conditions Precedent. The acceptance
by the Collateral Agent set forth in Section 4 hereof and the amendment of the Asset Pool One Supplement pursuant to Section 6 hereof are each subject to the satisfaction of the conditions precedent set forth in Section 2.4(c) of the
Asset Pool One Supplement on or prior to the dates specified in such Section 2.4(c). For purposes of Section 2.4(c)(i) of the Asset Pool One Supplement, “Notice Date” shall having the meaning specified in Section 1 hereof.
With respect to the condition specified in Section 2.4(c)(xi) of the Agreement, on or prior to the date hereof, the Administrator, on behalf of the Issuer, shall have delivered to the Collateral Agent a certificate of a Vice President or more
senior officer of the Administrator, substantially in the form of Schedule 2 hereto, certifying that all requirements set forth in Section 2.4(c) of the Asset Pool One Supplement for designating 
  

 4 

 and conveying Receivables in Additional Asset Pool One Accounts have been satisfied. The Collateral Agent may
conclusively rely on such Officer’s Certificate, shall have no duty to make inquiries with regard to the matters set forth therein, and shall incur no liability in so relying. 
  
 7. Amendment of the Asset Pool One Supplement. The Asset Pool One Supplement is hereby amended to provide that all
references therein to the “Asset Pool One Supplement,” to “this Asset Pool One Supplement” and “herein” shall be deemed from and after the Addition Date to be a dual reference to the Asset Pool One Supplement as
supplemented by this Assignment. All references therein to Additional Asset Pool One Accounts shall be deemed to include the Additional Accounts designated hereby and all references therein to Asset Pool One Receivables shall be deemed to include
the Receivables pledged hereby. Except as expressly amended hereby, all of the representations, warranties, terms, covenants and conditions of the Asset Pool One Supplement shall remain unamended and shall continue to be, and shall remain, in full
force and effect in accordance with its terms and except as expressly provided herein shall not constitute or be deemed to constitute a waiver of compliance with or a consent to noncompliance with any term or provision of the Asset Pool One
Supplement. 
  
 8. Counterparts. This Assignment may be
executed in two or more counterparts, and by different parties on separate counterparts, each of which shall be an original, but all of which shall constitute one and the same instrument. 
  
 9. GOVERNING LAW. THIS ASSIGNMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT
REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
  

 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be duly executed by their
respective officers as of the day and year first above written. 
  

			
	CHASE ISSUANCE TRUST
		
	By:	 	WILMINGTON TRUST COMPANY, not in its individual capacity but solely as Owner Trustee on behalf of the Issuer
		
	By:	 	 /s/ Joann A. Rozell

	Name:	 	Joann A. Rozell
	Title:	 	Assistant Vice President
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Collateral Agent
		
	By:	 	 /s/ Cheryl Zimmerman

	Name:	 	Cheryl Zimmerman
	Title:	 	Assistant Vice President

  

			
	Acknowledged by:
	
	CHASE BANK USA,
	 NATIONAL ASSOCIATION,
 as
Servicer

		
	By:	 	 /s/ Keith W. Schuck

	Name:	 	Keith W. Schuck
	Title:	 	President

  

 Assignment No.8 (APO) 

 Schedule 1 
  

LIST OF ADDITIONAL ASSET POOL ONE ACCOUNTS 
  
 [TO BE DELIVERED TO THE COLLATERAL AGENT BY THE ISSUER AND 
 MARKED AS SCHEDULE 1 TO THIS ASSIGNMENT] 
  

 Schedule 1 

 Schedule 2 
  

Chase Issuance Trust 
 Officer’s
Certificate 
  
                     , a duly authorized officer of Chase Bank USA, Delaware, National Association, as administrator (the
“Administrator”) for the Chase Issuance Trust (the “Trust”), hereby certifies and acknowledges on behalf of the Trust that to the best of his/her knowledge the following statements are true on September 30, 2005 (the
“Addition Date”), and acknowledges on behalf of the Trust that this Officer’s Certificate will be relied upon by Wells Fargo Bank, National Association (“Wells Fargo”), as collateral agent (the “Collateral Agent”)
in connection with the Collateral Agent entering into Assignment No. 8 of Receivables in Additional Accounts, dated as of September 30, 2005 (the “Assignment”), by and between the Trust and the Collateral Agent, in connection
with the Amended and Restated Asset Pool One Supplement, dated as of October 15, 2004, as amended by the First Amendment thereto, dated as of May 10, 2005 (as heretofore supplemented and amended, the “Asset Pool One Supplement”),
each by and between the Trust and Wells Fargo as indenture trustee (the “Indenture Trustee”) and Collateral Agent. The undersigned hereby certifies and acknowledges on behalf of the Trust that: 
  
 (a) Conditions Precedent. All of the requirements for the addition of
Accounts set forth under Section 2.4(c) of the Asset Pool One Supplement shall have been satisfied in all material respects on the Addition Date; 
  
 (b) Delivery of Assignment. On or prior to the Addition Date, (i) the Trust has delivered to the Collateral Agent the Assignment (including an
acceptance by the Collateral Agent for the benefit of the Asset Pool One Noteholders, the Indenture Trustee, in its individual capacity and the Collateral Agent, in its individual capacity), (ii) the Trust has indicated in its computer files
that the Receivables created in connection with the Additional Accounts have been transferred to the Collateral Agent and (iii) the Trust shall deliver to the Collateral Agent a computer file containing a true and complete list of all
Additional Accounts identified by account number and the aggregate amount of the Receivables in such Additional Accounts as of the related Addition Cut Off Date, which computer file shall be as of the date of such Assignment, incorporated into and
made a part of such Assignment and the Asset Pool One Supplement. 
  
 (c) Legal, Valid and Binding Obligation. The Assignment constitutes a legal, valid and binding obligation of the Trust enforceable against the Trust in accordance with its terms, except as such enforceability may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws now or hereafter in effect affecting the enforcement of creditors’ rights in general and except as such enforceability may be limited by general principles of
equity (whether considered in a suit at law or in equity). 
  

 Schedule 2-1 

 (d) Eligibility of Accounts. As of the Addition Cut Off Date, each Additional Account designated
pursuant to the Assignment is an Eligible Account. 
  
 (e)
Insolvency. As of each of the Addition Cut Off Date and the Addition Date, no Insolvency Event with respect to the Trust has occurred and the transfer by the Transferor of Receivables arising in the Additional Accounts to the Collateral Agent
has not been made in contemplation of the occurrence thereof. 
  
 (f) No Adverse Effect. The acquisition by the Collateral Agent of the Receivables arising in the Additional Accounts shall not, in the reasonable belief of the Trust, result in an Adverse Effect. 
  
 (g) No Conflict. The execution and delivery by the Trust of this
Assignment, the performance of the transactions contemplated by the Assignment and the fulfillment of the terms thereof applicable to the Trust, will not conflict with or violate any Requirements of Law applicable to the Trust or conflict with,
result in any breach of any of the material terms and provisions of, or constitute (with or without notice or lapse of time or both) a material default under, any indenture, contract, agreement, mortgage, deed of trust or other instrument to which
the Trust is a party or by which it or its properties are bound. 
  
 (h) No Proceedings. There are no proceedings or investigations, pending or, to the best knowledge of the Trust, threatened against the Trust before any court, regulatory body, administrative agency or other tribunal or governmental
instrumentality (i) asserting the invalidity of the Assignment, (ii) seeking to prevent the consummation of any of the transactions contemplated by the Assignment, (iii) seeking any determination or ruling that, in the reasonable
judgment of the Trust, would materially and adversely affect the performance by the Transferor of its obligations under the Assignment or (iv) seeking any determination or ruling that would materially and adversely affect the validity or
enforceability of the Assignment. 
  
 (i) All Consents. All
authorizations, consents, orders or approvals of any court or other governmental authority required to be obtained by the Trust in connection with the execution and delivery of the Assignment by the Trust and the performance of the transactions
contemplated by the Assignment by the Trust, have been obtained. 
  
 Initially capitalized terms used herein and not otherwise defined are used as defined in the Asset Pool One Supplement. 
  

 Schedule 2-2 

 IN WITNESS WHEREOF, I have hereunto set my hand this 30th day of September 2005. 
  

			
	 CHASE ISSUANCE TRUST

		
	 By:
	 	CHASE BANK USA, NATIONAL ASSOCIATION (formerly known as Chase Manhattan Bank USA, National Association), not in its individual capacity but solely as Administrator on behalf of the
Trust
		
	 By:
	 	  

	 Name:
	 	 
	 Title:
	 	 

  

 Schedule 2-3Form of Restricted Stock Agreement

 Exhibit 10.1 
  
 [                    ]

 TERMS OF EMPLOYMENT/ 
 LETTER OF UNDERSTANDING AND SALARY CONTINUATION 
 AGREEMENT 
  
 Ruth’s Chris Steak House, Inc. (hereafter referred to as
“Employer”) and [            ] (hereinafter referred to as “Employee”) agree upon the following terms of employment of Employee by Employer. 
  
 1. Duties. Employee shall be employed during the term of this
Agreement as set forth in Section 3 in the position of [                    ]. Employee will advance the best interests of Employer at all times
during his employment and shall at all such times faithfully, industriously and to the best of his ability, perform all duties as may be required of him by virtue of his title and position and in accordance with the job description for his title and
position as established by the Employer’s Board of Directors and/or its Designee from time to time. Employee shall comply with any and all written personnel policies and employment manuals of Employer in the conduct of his duties. 

 
 2. Extent of Service. Employee shall devote his full time
and best efforts to the performance of his duties. Employee shall not engage in any business or perform any services in any capacity that would, in the reasonable judgment of Employer, interfere with the full and proper performance by Employee of
his duties. 
  
 3. Term. Unless previously renewed
by mutual consent of the Employer and Employee, this Agreement shall expire and terminate and be of no further effect (with the exception of terms herein which by their terms survive the termination of this Agreement) on the close of business of the
third anniversary since the date this Agreement was first executed (the “Termination Date”). 

 4. Compensation. 
  
 a. Salary. For all duties to be performed by Employee in the capacity reference hereunder, Employee shall receive an
initial annual salary of $[                    ]. Employee will be entitled to a discretionary bonus of up to
[            ] % of his base salary, subject to the budget and performance targets as defined by the Board of Directors on an annual basis, to be paid to Employee after the issuance of the
Employer’s audited financial statements relating to that year, assuming Employee is actively employed by Employer at the end of the fiscal year. If in his first year of employment, Employee will receive a minimum bonus for the fiscal year
ending 2005 of [            ]% of his base salary, should he be employed as of that date. 
  
 5. Benefits. 
  
 a. Vacation/Leave - Employee shall be entitled to three (3) weeks of paid vacation per calendar year (four (4) weeks after 10 years of
service), with normal sick and holiday leave as defined by Employer’s policies. 
  
 b. Benefit Plan - Employee shall be eligible to participate in the health and welfare plans provided by Employer. 
  
 c. Retirement Benefits - Employee will be eligible for all applicable retirement benefits offered by Employer, if any. 
  
 d. Where applicable, Employee should refer to the Summary Plan Descriptions
he will receive for a complete detailed explanation of the benefits described in this paragraph. Employee understands that the Summary Plan Descriptions are the controlling documents as to the nature of, and entitlement to, these benefits.

 e. Reimbursement of Expenses - Employer agrees to reimburse Employee for reasonable and
appropriate Employer-related expenses (as determined by Employer) paid by Employee in furtherance of his duties, including, but not limited to, travel expenses, entertainment expenses and automobile expenses, upon submission of proper accounting
records for such expenses. Employer agrees to reimburse Employee for in-transition living expenses and moving expenses pursuant to its written relocation policy. 
  
 6. Disability of Incapacity of Employee. 
  
 If, for a period of ninety (90) consecutive days during the terms of this Employment Agreement, Employee is disabled or
incapacitated for mental, physical or other cause to the extent that he is unable to perform his duties as herein contemplated during said ninety (90) consecutive days, Employer shall immediately thereafter have the right to terminate this
Employment Agreement upon providing ten (10) days written notice to Employee and shall be obligated to pay Employee compensation up to the effective date of said termination. The right of termination in this section in no way affects or
diminishes other rights of termination as stated in this Employment Agreement. 
  
 7. Termination. 
  
 a. Notwithstanding any other provision hereof, Employee’s employment shall be terminated immediately: 1) upon his death; 2) notice after disability as defined in Section 6; or 3) Employee’s discharge for Cause. 
  
 b. For purposes of this Agreement, “Cause” shall mean
(i) Employee’s theft or embezzlement, or attempted theft or embezzlement, of money or property of Employer, his perpetuation or attempted perpetuation of fraud, or his participation in a fraud or attempted fraud, on Employer or his
unauthorized appropriation of, or his attempt to 

 
misappropriate, any tangible or intangible assets or property of Employer, (ii) any act or acts of disloyalty, misconduct or moral turpitude by Employee
injurious to the interest, property, operations, business or reputation of Employer or his commission of a crime which results in injury to Employer or (iii) his willful disregard of lawful directive given by a superior or the Board or a
violation of an Employer employment policy. 
  
 c. Should Employee
terminate Employee’s employment for cause, as defined in Section 7.b, then Employee is entitled to no more than his salary through the date of termination and any unused vacation days. 
  
 d. Employer reserves the right to terminate Employee’s employment
without cause, as defined in Section 7.b. However, in the event that occurs, then: 1) Employee will receive twelve (12) monthly payments in the aggregate equal to Employee’s prior twelve (12) months’ base salary
compensation; 2) Employee will be eligible to receive twelve (12) months continued health, welfare and retirement Benefits (as defined hereinabove), according to the same terms and conditions had Employee’s employment with Employer
continued through the end of the respective reporting period; 3) twelve (12) monthly payments of the automobile allowance Employee would have been entitled to had Employee’s employment with Employer continued through the end of the
respective reporting period and that includes reimbursement for fuel and routine maintenance costs for one automobile; and 4) all vesting rights of Employee’s stock options and restricted stock granted during Employee’s tenure shall
continue for 12 months post-termination. Employer has the option of paying this severance on a monthly or lump sum basis. The payment of all amounts under this Section 7.d is contingent on Employee’s compliance with Sections 8 and 9.

 e. Should Employee resign his employment for Good Reason, as defined below, Employee will receive
severance equal to Employee’s prior twelve (12) months’ base salary compensation. Employer has the option of paying this severance on a monthly or lump sum basis. The payment of all amounts under this Section 7(e) is contingent
upon Employee’s compliance with Sections 8 and 9. 
  
 f. For
purposes of this Agreement, “Good Reason” shall mean (i) the assignment by the Board to Employee of any material duties that are clearly inconsistent with Employee’s status, title and position as
[                    ] of Employer; or (ii) a failure by Employer to pay Employee any amounts required to be paid under this Agreement, which
failure continues uncured for a period of fifteen (15) days after written notice thereof is given by Employee to the Board. 
  
 g. Employee understands that should Employee resign his employment without Good Reason, then Employee is entitled to no more than his salary through the
date of termination (said termination date to be determined by Employer upon notice of resignation) and any earned but unused vacation days. 
  
 8. Disclosure of Information. Employee agrees that he will not, during employment or any time after termination of employment hereunder,
without authorization of Employer, disclose to, or make use of for himself or for any person, corporation or other entity, any files, videos, trade secrets, papers, photographs, presentations, recipes, specifications, drawings, salary structures,
sources of income, business plans, minutes of meetings, contractual arrangements, or other confidential information concerning the business, clients, methods, operations, financing or services of Employer. Trade secrets and confidential information
shall mean information 

 
disclosed to Employee or known by him as a consequence of his employment by Employer, and not generally known to the restaurant industry. 
  
 9. Non-Compete. 
  
 a. In further consideration of the compensation to be paid to Employee
hereunder, Employee acknowledges that in the course of his employment with Employer and its Subsidiaries and Affiliates he shall become familiar, and during his employment with Employer he has become familiar, with Employer’s trade secrets and
with other Confidential Information concerning Employer and its predecessors and its Subsidiaries and Affiliates and that his services have been and shall be of special, unique and extraordinary value to Employer. Therefore, Employee agrees that
during his employment and for a period of one year following his last day of employment (hereafter referred to as the “Non-compete Period”), Employee shall not directly or indirectly own any interest in, manage, control, participate in,
consult with, render services for, or in any manner engage in any business or enterprise identical to or similar to any such business which is engaged in by Employer, its Subsidiaries or Affiliates or any of their respective franchises, which shall
include any restaurant business that derives more than 25% of its revenues from the sale of steak and steak dishes and which has an average guest check greater than $35, (the “Business”), as of the date of this Agreement and which is
located in any of the geographical areas set forth on Exhibit “A” attached hereto, which shall for purposes of illustration and not limitation include the following chains and their parent companies, subsidiaries and other affiliates:
Morton’s Restaurant Group, The Palm, 

 
Smith & Wollensky, Chart House Enterprises, Del Frisco’s, Sullivan’s, The Capital Grille and Fleming’s. Nothing herein shall prohibit
Employee from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation that is publicly traded, so long as Employee has no active participation in the business of such corporation. This restriction will not
apply if Employee is employed as an officer of a business, including, but not limited to, a casino or hotel, that as an ancillary service provides fine dining as defined in this paragraph. The term “ancillary” assumes that less than 50% of
the business revenues are derived from its dining facilities. 
  
 b. During the Non-compete Period, Employee shall not directly or indirectly through another entity (i) induce or attempt to induce any non-hourly or management employee of Employer or any Subsidiary or Affiliate to leave the employ of
Employer or such Subsidiary or Affiliate, or in any way interfere with the relationship between Employer or any Subsidiary or Affiliate and any employee thereof, (ii) hire any person who was an employee of Employer or any Subsidiary or
Affiliate at any time during the Employment Period or (iii) induce or attempt to induce any customer, supplier, licensee, licensor, franchisee or other business relation of Employer or any Subsidiary or Affiliate to cease doing business between
any such customer, supplier, licensee or business relation and Employer or any Subsidiary or Affiliate (including, without limitation, making any negative, derogatory or disparaging statements or communications regarding Employer or its
Subsidiaries, Affiliates, employees or franchisees). 
  
 10.
Surrender of Books and Records. Employee acknowledges that all files, lists, books, records, photographs, videotapes, slides, specifications, drawings or any other materials used or created by Employee or used or created by Employer in

 
connection with the conduct of its business, shall at all times remain the property of Employer and that upon termination of employment hereunder,
irrespective of the time, manner or cause of said termination, Employee will surrender to Employer all such files, lists, books, records, photographs, videotapes, slides, specifications, drawings or any other materials. 
  
 11. Severability. If any provision of this Letter of
Understanding shall be held invalid or unenforceable, the remainder of this Letter shall, nevertheless, remain in full force and effect. If any provision is held invalid or unenforceable with respect to particular circumstances, it shall,
nevertheless, remain in full force and effect in all other circumstances. 
  
 12. Notice. All notices required to be given under the terms expressed hereunder shall be in writing, shall be effective upon receipt, and shall be delivered to the addressee in person or mailed by
certified mail, returned receipt requested: 
  
 If to Employer,
addressed to: 
  
 Craig S. Miller 
 Ruth’s Chris Steak House, Inc. 
 500 International Parkway 
  
 Suite 100 
  
 Heathrow, FL 32746 
  
 If to Employee, addressed to:

  
 [                                       
                 ] 
 _________________________

 _________________________ 

 or such other address as a party shall have designated for notices to be given to him or it by notice given in accordance
with this paragraph. 
  
 13. Governing Law and Resolution of
Dispute. Employee’s terms of employment shall be governed by and construed in accordance with the laws of or applicable to the State of Delaware. Any dispute, controversy or claim arising out of or relating to Employee’s terms of
employment, or the breach therefore, shall be resolved by arbitration conducted in accordance with the rules then existing of the American Arbitration Association, applying the substantive law of the State of Delaware. The parties further agree that
any such arbitration shall be conducted in Seminole County, Florida. 
  
 Date:                                     
   , 2005 
  

					
	 WITNESS:
	 	 	 	 RUTH’S CHRIS STEAK HOUSE, INC

			
	  	 	 	 	  
			
	  	 	 	 	  
	 	 	 	 	 [                                       
             ]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]