Document:

EX-10.15

 Exhibit 10.15 

September 13, 1989 
 Lonnie
J. Stout II 
 Severance Benefits Agreement 

Dear Mr. Stout: 

The Board of Directors of Volunteer Capital Corporation (the “Company”) recognizes that your contributions to the
past and future growth and success of the Company have been substantial. The Board therefore desires to assure the Company of your continued services for the benefit of the Company now, and in the event that the Company were to be faced with a
takeover possibility. 
 In order to induce you to remain in the employ of the Company, this letter agreement (the
“Agreement”) sets forth severance benefits which the Company will pay to you in the event of a severance of your employment, except as a result of your death, Disability, Retirement or your termination by the Company for Cause, (in each
case as such capitalized terms are defined in Section 3 below), subsequent to a “Change in Control of the Company” (as defined in Section 2 below). 

1. TERM. If a Change in Control of the Company (as defined in Section 2 below) should occur while you are
still an employee of the Company, then this Agreement shall continue in effect from the date of such Change in Control of the Company for so long as you remain an employee of the Company. 

2. CHANGE IN CONTROL. No benefits shall be payable hereunder unless and until there shall have been a Change in
Control of the Company, as defined in this Section 2, while you are still an employee of the Company. For purposes of this Agreement, a “Change in Control of the Company” shall be deemed to have occurred if (i) the Company shall
cease to be a publicly owned corporation having its outstanding common stock listed on a national exchange or traded in the over-the-counter market, or (ii) any other corporation, person or “group” (as such term is used in
Section 13(d)(3) of the Securities Exchange Act of 1934) other than Jack c. Massey or his affiliates, is or becomes the beneficial owner, directly or indirectly, of securities of the Company representing 20% or more of the combined voting power
of the Company’s then outstanding securities; or (iii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Company cease for any reason to constitute at least
a majority thereof unless the election, or the nomination for election by the Company’s shareholders, of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the beginning
of the period. Upon a Change in Control of the Company while you are still an employee of the Company, this Agreement and all of its provisions shall become operative immediately. 

 3. SEVERANCE FOLLOWING CHANGE IN CONTROL. If a Change in Control of
the Company as defined in Section 2 above shall have occurred while you are still an employee of the Company, you shall be entitled to the benefits provided in Section 4 below upon the subsequent severance of your employment with the
Company by you (but only if such severance is elected by you for “Reason”, as defined in subsection 3(iv) below, or by the Company, unless such severance by the Company is a result of (a) your death, (b) your Disability (as
defined in subsection 3(i) below), (c) your Retirement (as defined in subsection 3(ii) below), or (d) your termination by the Company for Cause (as defined in subsection 3(iii) below), in any of which events you shall not be entitled to
receive severance benefits under this Agreement. 
 (i) Disability. If, as a result of your
incapacity due to physical or mental illness, you shall have been absent from your duties with the Company on a full time basis for 130 consecutive business days and within thirty (30) days after written notice of termination is given you shall
not have returned to the full time performance of your duties, the Company may terminate this Agreement for “Disability”, in which event you shall not be entitled to receive severance benefits under this Agreement. 

(ii) Retirement. The term “Retirement”, as used in this Agreement, shall mean severance
by the Company or you of your employment based on your having reached age 65, which is the Company’s normal retirement age. The Company may terminate this Agreement for “Retirement” at any time after your 65th birthday, in which event
you shall not be entitled to receive severance benefits under this Agreement. 
 (iii) Cause. The
Company may terminate your employment at any time for Cause, in which event you shall not be entitled to receive severance benefits under this Agreement. For the purposes of this Agreement, the Company shall have “Cause” to terminate your
employment hereunder only if termination shall have been the result of an act or acts of dishonesty by you constituting a felony and resulting or intended to result directly or indirectly in substantial gain or personal enrichment at the expense of
the Company. Notwithstanding the foregoing, you shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to you a copy of a resolution duly adopted by the affirmative vote of not less than three-quarters
of the entire membership of the Company’s Board of Directors at a meeting of the Board called and held for the purpose (after reasonable notice to you and an opportunity for you, together with your counsel, to be heard before the Board),
finding that in the good faith opinion of the Board you were guilty of conduct set forth in the first sentence of this subsection 3(iii) and specifying the particulars thereof in detail. 

  
 2 

 (iv) Reason. Following a Change in Control of the
Company, you may terminate your employment at any time for Reason, in which event you shall be entitled to receive severance benefits under this Agreement. For the purposes of this Agreement, you shall have “Reason” to terminate your
employment hereunder if there is either a change in your present responsibilities or there is a decrease in the level of your compensation or other economic loss. 

(v) Notice of Termination. Any termination by the Company pursuant to subsections 3(i), 3(ii) or
3(iii) above or by you pursuant to subsection 3(iv) shall be communicated by written Notice of Termination. For purposes of this Agreement, a “Notice of Termination” shall mean a notice which shall indicate the specific termination
provision in this Agreement relied upon and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of your employment under the provision so indicated. For purposes of this Agreement, no such
purported termination shall be effective without such Notice. 
 (vi) Date of Termination.
“Date of Termination” shall mean (A) if the Agreement is terminated by you, the date on which you deliver Notice of Termination to the Company, (B) if this Agreement is terminated by the Company for Disability, thirty
(30) days after Notice of Termination is given (provided that you shall not have returned to the performance of your duties on a full-time basis during such thirty (30) days period), or (C) if your employment is terminated by the
Company for any other reason, the date on which a Notice of Termination is given; provided that if within thirty (30) days after any Notice of Termination is given to you by the Company, you notify the Company that a dispute exists concerning
the termination, the Date of Termination shall be the date on which the dispute is finally determined, either by mutual written agreement of the parties, by a final judgment, order or decree of a court of competent jurisdiction (the time for appeal
therefrom having expired and no appeal having been perfected). 

  
 3 

 (vii) Company Retains Right to Terminate You for any
Reason. The Company may terminate your employment at any time, before or after any Change in Control of the Company, subject to your right to receive the severance benefits hereinafter specified if such termination occurs after a Change in
Control of the Company and is for a reason other than those specified in subsections 3(i), 3(ii) and 3(iii) above. 

4. COMPENSATION UPON SEVERANCE AFTER A CHANGE IN CONTROL OF THE COMPANY. This Section 4 describes your rights
to receive severance compensation from the Company if there shall have occurred a Change in Control of the Company while you are still an employee of the Company, unless such severance was by the Company as a result of your death, Retirement,
Disability or Cause or by you without Reason (as such capitalized terms are defined in Section 3 above): 

(a) If the Company shall terminate your employment other than pursuant to subsections 3(i), 3(ii) or
3(iii) above, or if you shall resign from the Company for Reason as set forth in subsection 3(iv) above, then: 

The Company shall pay to you as severance pay in a lump sum on the fifth day following the Date of Termination,
an amount equal to one and one-half times your then annual salary. 
 (b) The Company shall pay all
legal fees and expenses incurred by you in contesting or disputing any such termination, or in seeking to obtain or enforce any right or benefit provided by this Agreement in whole or in part. 

(c) You shall not be required to mitigate the amount of any payment provided for in this Section 4 by
seeking other employment or otherwise, nor shall the amount of any payment provided for in this Section 4 be reduced by any compensation earned by you as the result of employment by another employer after the Date of Termination, or otherwise.

 5. SUCCESSORS; BINDING AGREEMENT. (a) The Company will require any successor (whether direct or
indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company
would be required to perform it if no such succession had taken place. Failure of the Company to obtain such agreement prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle you to compensation from
the Company in the same amount and on the same terms as you would be entitled hereunder if such succession had not occurred, except that for purposes of implementating the foregoing, the date on which any such succession becomes effective shall be
deemed the Date of Termination. As used in this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this
Section 5 or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law. 

  
 4 

 (b) This Agreement shall inure to the benefit of and be enforceable by your
personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If you should die while any amounts are still payable to you hereunder, all such amounts, unless otherwise provided herein, shall
be paid in accordance with the terms of this Agreement to your devisee, legatee, or other designee or, if there be no such designee, to your estate. 

6. NOTICE. For the purposes of this Agreement, notices and all other communication provided for in the Agreement
shall be in writing and shall be deemed to have been duly given when delivered or mailed by United States registered mail, return receipt requested, prostage prepaid, addressed as follows: 

If to the Company: 

Volunteer Capital Corporation 

101 Winners Circle 

Brentwood, Tennessee 37027 

Attn: Secretary 

If to you to the address set forth on the first part of this Agreement, or to such other address as either party may have
furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective only upon receipt. 

7. MISCELLANEOUS. No provisions of this Agreement may be modified, waived or discharged unless such waiver,
modification or discharge is agreed to in writing signed by you and such officer as may be specifically designated by the Board of Directors of the Company. No waiver by either party hereto at any time of any breach by the other party hereto of, or
compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or
representations, oral or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not set forth expressly in this Agreement. The validity, interpretation, construction and performance of this
Agreement shall be governed by the laws of the State of Tennessee. The term “Company”, as used in all Sections of this Agreement except (A) the definition of Change of Control of the Company, (B) Section 5,
(C) references to the Company’s Board of Directors and (D) references to the Company’s common stock shall be deemed to include all of the Company’s subsidiaries. 

  
 5 

 8. VALIDITY. The invalidity or unenforceability of any provisions of
this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 

9. CONFIDENTIALITY. You shall retain in confidence any and all confidential information known to you concerning
the Company and its businesses so long as such information is not otherwise publicly disclosed. 
 If the terms of the
foregoing Agreement are acceptable to you, please sign and return to the Company the enclosed copy of this Agreement whereupon this Agreement shall become a valid and binding agreement between the Company and you. 

 

							
		 		 	 Sincerely,
	  	
				
		 		 	 VOLUNTEER CAPITAL CORPORATION
	  	
				
		 		 	 By:       /s/
R. Gregory Lewis            
	  	
				
	 Attested:
	 		 		  	
				
	     /s/ Randall E. Gordon
	 		 		  	
		 		 	 Accepted and Agreed as of the
	  	
		 		 	 date first above written:
	  	
				
		 		 	   /s/ Lonnie J. Stout
II                      
	  	
		 		 	(Employee)	  	
	 Witness:
	 		 		  	
				
	     /s/ Cynthia B. Dove
	 		 		  	

  
 6 

 AMENDMENT TO SEVERANCE BENEFITS AGREEMENT 

THIS AMENDMENT TO SEVERANCE BENEFITS AGREEMENT (the “Agreement”), entered into this 26th day of December, 2008, by
and between J. Alexander’s Corporation, a Tennessee corporation (“Company”), and Lonnie J. Stout II (“Executive”). 

WHEREAS, the Company and Executive are parties to that certain Severance Benefits Agreement, dated September 13, 1989
(the “Severance Benefits Agreement”); and 
 WHEREAS, the Company and Executive desire to enter into this
Agreement to amend certain provisions of the Severance Benefits Agreement. 
 NOW, THEREFORE, in consideration of the
premises, the mutual agreements contained herein, and other good and valuable consideration, the receipt, sufficiency and mutuality of which are hereby acknowledged, the Company and Executive hereby agree as follows. 

1. The following shall be inserted as Section 10 of the Severance Benefits Agreement: 

It is intent of both parties that this Agreement is grandfathered from the requirements of Section 409A of the Code
pursuant to the requirements of Treasury Regulation 1.409A-6. If it is later determined, that this Agreement is subject to the requirements of Section 409A of the Code, then it is intended that (1) each installment of the payments provided
under this Agreement is a separate “payment” for purposes of Section 409A of the Code and (2) that the payments satisfy, to the greatest extent possible, the exemptions from the application of Section 409A of the Code
provided under Treasury Regulations 1.409A-1(b)(4), 1.409A-1(b)(9)(iii), and 1.409A-1(b)(9)(v). Notwithstanding the foregoing or anything to the contrary in this Agreement, if the Corporation determines (i) that on the date the Executive’s
employment with the Corporation terminates or at such other time that the Corporation determines to be relevant, the Executive is a “specified employee” (as such term is defined under Treasury Regulation 1.409A-1(i)(1)) of the Corporation
and (ii) that any payments to be provided to the Executive pursuant to this Agreement are or may become subject to the additional tax under Section 409A(a)(1)(B) of the Code or any other taxes or penalties imposed under Section 409A
of the Code if provided at the time otherwise required under this Agreement then (A) such payments shall be delayed until the date that is six months after the date of the Executive’s “separation from service” (as such term is
defined under Treasury Regulation 1.409A-1(h)) with the Corporation, or, if earlier, the date of the Executive’s death. Any payments delayed pursuant to this Section 10 shall be made in a lump sum on the first day of the seventh month
following the Executive’s “separation from service” (as such term is defined under Treasury Regulation 1.409A-1(h)), or, if earlier, the date of the Executive’s death. For purposes of this Section 10, “Executive”
shall mean Lonnie J. Stout II. 

  
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 2. Except as expressly modified by the terms of this Agreement, the
provisions of the Severance Benefits Agreement shall continue in full force and effect. 
 3. This Agreement may be executed
in counterparts, each of which shall be deemed to be an original, and all of which, taken together, shall be deemed to be one and the same instrument. 

4. The validity, interpretation and effect of this Agreement shall be governed exclusively by the laws of the State of
Tennessee without regard to the choice of law principals thereof. 
 IN WITNESS WHEREOF, the parties have executed this
Agreement as of the day and year first written. 
  

	
	 EXECUTIVE

 
   /s/
Lonnie J. Stout II
 Lonnie J. Stout II

 
 J. ALEXANDER’S
CORPORATION
  
 By:
/s/ R. Gregory Lewis
 Name: R. Gregory Lewis

Title: Vice President & Chief Financial Officer

  
 2EX-10.16

 Exhibit 10.16 

J. ALEXANDER’S CORPORATION 

July 30, 2012 
 Lonnie J.
Stout II 
 Nashville, TN 

Dear Lonnie: 
 This letter amends
and restates that certain Letter Agreement, dated as of June 22, 2012, by and between you and J. Alexander’s Corporation. This letter describes changes to your Salary Continuation Agreement dated as of December 26, 2008 (the
“Salary Continuation Agreement”), your Employment Agreement dated as of December 26, 2008 (the “Employment Agreement”) and your Severance Benefit Agreement dated as of September 13, 1989 (the
“Severance Agreement”), in each case between you and J. Alexander’s Corporation, a Tennessee corporation (including its successors, the “Corporation”). Such changes shall be contingent upon the occurrence
of, and effective at, the Effective Time (as defined in that certain Amended and Restated Agreement and Plan of Merger, dated as of July 30, 2012, by and among Fidelity National Financial, Inc. (“Parent”), Fidelity Newport
Holdings, LLC (“Operating Company”) (for the limited purposes set forth therein), American Blue Ribbon Holdings, Inc. (for the limited purposes set forth therein), Athena Merger Sub, Inc. (for the limited purposes set forth
therein), New Athena Merger Sub, Inc. (“Merger Sub”) and the Corporation (as the same may be amended, modified, supplemented and/or restated from time to time in accordance with the terms thereof, the “Merger
Agreement”)). 
 Pursuant to the Merger Agreement, the Corporation will merge with Merger Sub and become an indirect, wholly owned
subsidiary of Parent, and the assets and liabilities of the Corporation, including the Salary Continuation Agreement, Employment Agreement and Severance Agreement, will remain obligations of the Corporation. 

 

	 	 1.
	 Amendment of Definition of “Base Salary” in SCA. The definition of “Base Salary” under Section 2.a. of your Salary
Continuation Agreement is amended, effective as of the Effective Time by addition of the following clause at the end thereof: 

; provided, however, that in the event of the closing of the merger of the Company and New Athena Merger Sub, Inc.
(“Merger Sub”) pursuant to that certain Amended and Restated Agreement and Plan of Merger dated as of July 30, 2012, by and among Fidelity National Financial, Inc., Fidelity Newport Holdings, LLC, American Blue Ribbon Holdings,
Inc., Athena Merger Sub, Inc., Merger Sub and J. Alexander’s Corporation (as the same may be amended, modified, supplemented and/or restated from time to time in accordance with the terms thereof, the “Merger Agreement”), for
purposes of determining the benefits and payments hereunder, the amount of Base Salary shall be fixed as of the date of the merger and thereafter the Base Salary for purposes hereof shall not be subject to any increase or decrease. 

	 	 2.
	 Amendment to Suspend/Terminate Certain SCA Obligations. Section 7 of the Salary Continuation Agreement is amended, effective as of the
Effective Time, to add the following new sentences at the end thereof to read as follows: 

Notwithstanding any other provision in this Agreement, the obligations of the Corporation under this Section 7
shall be suspended during the period that Fidelity National Financial, Inc.’s guarantees under Section 16 of this Agreement are in effect. If and only if Fidelity Newport Holdings, LLC (“Operating Company”) at
any time beneficially owns any interest in the Corporation, then : (x) Operating Company shall, and hereby does, at and after any such time also guarantee the performance of the obligations of the Corporation hereunder, which guarantee
shall continue in force until all such obligations are satisfied; and (y) in the event that, at or after any such time that the Operating Company becomes the guarantor, Fidelity National Financial, Inc.’s direct or indirect beneficial
ownership (as defined in Rule 13d-3 and Rule 13d-5 under the Securities Exchange Act of 1934 (or any successor rules thereto)) of the Corporation is less than 40%, then: (a) the Corporation’s obligations under this Section 7,
including, without limitation, the Corporation’s obligation to establish a rabbi trust with funds provided by the Corporation and the Corporation’s obligation to make contributions to such trust, shall resume and again be effective from
and after such time and (b) Fidelity National Financial, Inc.’s guarantee set forth in Section 6 of that certain letter agreement, dated July 30, 2012, as may be amended, modified, supplemented and/or restated from time to time,
shall terminate, be released and be of no further force and effect upon the Corporation’s establishment of a rabbi trust in conformity with the provisions of this Section 7. In no event shall the occurrence of the events
described in clause (y) of the preceding sentence have any effect on the obligations of the Operating Company pursuant to its guarantee made in accordance with the preceding sentence. 

 

	 	 3.
	 Certain Amendments to Employment Agreement. Section 9(f)(i) of the Employment Agreement will be deleted and replaced with the
following, effective as of the Effective Time: 

  

	 	 (i)
	 A material reduction by the Company in the Executive’s title or position, or a material reduction by the Company in the
Executive’s authority, duties or responsibilities (including, without limitation, Executive no longer serving on the Company’s board of directors), or the assignment by the Company to the Executive of any duties or responsibilities that
are materially inconsistent with such title, position, authority, duties or responsibilities; provided, however, that in the event of the closing of the acquisition of the Company pursuant to the terms and conditions of that certain Amended and
Restated Agreement and Plan of Merger, dated as of July 30, 2012, by and among the Company, Fidelity National Financial, Inc., American Blue Ribbon Holdings, Inc., Athena Merger Sub, Inc., New Athena Merger Sub, Inc. and Fidelity Newport
Holdings, LLC (as the same may be amended, modified, supplemented and/or restated from time to time in accordance with the terms thereof) (the “Merger”) and any subsequent contribution, transfer or assignment (by operation of law or
otherwise) of the Company’s business to Fidelity Newport Holdings, LLC or any of its subsidiaries, the assignment of the Executive to a position at Fidelity Newport Holdings, LLC in its main corporate office in Nashville, Tennessee, or upscale
dining division office in Nashville, Tennessee, with similar duties and responsibilities as the Executive’s duties and responsibilities prior to the Merger (except as modified as a result of changes described in clauses (i), (ii) and
(iii) of this sentence below) and substantially similar salary and benefits or their equivalent value (with equity to be appropriate to his level in the organization) as the Executive’s salary and benefits prior to the Merger, will not be
deemed to constitute a material reduction in title, position, authority, duties or responsibilities, or the assignment of duties or responsibilities that are materially inconsistent with the Executive’s title, position, authority, duties or
responsibilities prior to the Merger, even in the event of (i) any change in Executive’s title or position to an appropriate position with the upscale dining division of Fidelity Newport Holdings, LLC, (ii) any change in the person or
persons to whom Executive reports, and/or (iii) the fact that Executive is no longer an executive officer of a public company. 

  
 2 

	 	 4.
	 Certain Amendments to Severance Agreement. A proviso will be added at the end of Section 3(iv) of the Severance Agreement,
effective as of the Effective Time, as follows: 

 ; provided, however, that in the event of the closing of
the acquisition of the Company pursuant to the terms and conditions of that certain Amended and Restated Agreement and Plan of Merger, dated as of July 30, 2012, by and among the Company, Fidelity National Financial, Inc., American Blue Ribbon
Holdings, Inc., Athena Merger Sub, Inc., New Athena Merger Sub, Inc. and Fidelity Newport Holdings, LLC (as the same may be amended, modified, supplemented and/or restated from time to time in accordance with the terms thereof) (the
“Merger”) and any subsequent contribution, transfer or assignment (by operation of law or otherwise) of the Company’s business to Fidelity Newport Holdings, LLC or any of its subsidiaries, the assignment of the Executive to a
position at Fidelity Newport Holdings, LLC in its main corporate office in Nashville, Tennessee, or upscale dining division office in Nashville, Tennessee, with similar duties and responsibilities as your duties and responsibilities prior to the
Merger (except as modified as a result of changes described in clauses (i), (ii) and (iii) of this sentence below), and substantially similar salary and benefits or their equivalent value (with equity to be appropriate to his level in the
organization) as your salary and benefits prior to the Merger, will not be deemed to constitute a change in your present responsibilities, even in the event of (i) any change in your title or position to an appropriate position with the upscale
dining division of Fidelity Newport Holdings, LLC, (ii) any change in the person or persons to whom you report, and/or (iii) the fact that you are no longer an executive officer of a public company. 

  
 3 

	 	 5.
	 Certain Omnibus Amendments. Each of the Salary Continuation Agreement, Employment Agreement and Severance Agreement shall be amended,
effective as of the Effective Time, to provide as follows: 

 Each reference to the “Corporation”
herein shall be deemed to refer solely to J. Alexander’s Corporation and its successors and permitted assigns. 
  

	 	 6.
	 Guarantee. Parent shall, and hereby does, contingent on the occurrence of, and effective upon, the Acceptance Time (as defined in the
Merger Agreement), guarantee the performance of the obligations of the Corporation under the Salary Continuation Agreement; provided, however, that if and only if Operating Company at any time beneficially owns any interest in the
Corporation, then: (x) Operating Company shall, and hereby does, at and after any such time also guarantee the performance of the obligations of the Corporation under the Salary Continuation Agreement, which guarantee shall continue in
force until all such obligations are satisfied; and (y) in the event that, at or after any such time that the Operating Company becomes the guarantor, the Parent’s direct or indirect beneficial ownership (as defined in Rule 13d-3 and Rule
13d-5 under the Securities Exchange Act of 1934 (or any successor rules thereto)) of the Corporation is less than 40%, then: (a) the Corporation’s obligations under Section 7 of the Salary Continuation Agreement shall resume and again
be effective and (b) Parent’s guarantee under this Section 6 shall terminate, be released and be of no further force and effect upon the Corporation’s establishment of a rabbi trust in conformity with the provisions of
such Section 7 of the Salary Continuation Agreement. In no event shall the occurrence of the events described in clause (b) of the preceding sentence have any effect on the obligations of the Operating Company pursuant to its
guarantee made in accordance with the preceding sentence. Each of Parent and Operating Company hereby waives diligence, presentment, demand of performance, filing of any claim, any right to require any proceeding first against the Corporation,
protest, notice and all demands whatsoever in connection with the performance of its obligations set forth in this Section 6. If Executive so requests, any such rabbi trust shall be established with the Corporation’s funds at
the Operating Company level. The Executive hereby acknowledges and agrees that, effective immediately upon execution and delivery of this letter agreement, the Executive hereby (i) releases American Blue Ribbon Holdings, Inc. from any and
all obligations and liability under this letter and (ii) waives any rights against American Blue Ribbon Holdings, Inc. under this letter. 

  

	 	 7.
	 Continuing Force and Effect. Other than the amendments specifically agreed herein, the Salary Continuation Agreement, Employment
Agreement and Severance Agreement remain in full force and effect. 

  
 4 

	 	 8.
	 Severability. If any provision of this letter agreement or the application of any such provision to any party or circumstances will be
determined by any court of competent jurisdiction to be invalid and unenforceable to any extent, the remainder of this letter agreement or the application of such provision to such person or circumstances other than those to which it is so
determined to be invalid and unenforceable, will not be affected thereby, and each provision hereof will be validated and will be enforced to the fullest extent permitted by law. 

 

	 	 9.
	 Governing Law. This letter agreement will be governed by and construed under the internal laws of the State of Tennessee, without
regard to its conflict of laws principles. 

  

	 	 10.
	 Jurisdiction and Venue. This letter agreement will be deemed performable by all parties in, and venue will exclusively be in the state
or federal courts located in the State of Tennessee. Each party hereto and future signatory hereby consents to the personal jurisdiction of these courts and waive any objections that such venue is objectionable or improper.

  

	 	 11.
	 Headings. All descriptive headings of Sections and paragraphs in this letter agreement are intended solely for convenience, and no
provision of this letter agreement is to be construed by reference to the heading of any section or paragraph. 

  

	 	 12.
	 Counterparts. This letter agreement may be executed in counterparts, each of which will be deemed an original, but all of which
together will constitute one and the same instrument. 

  

	 	 13.
	 Acknowledgement. By signing below, Parent and Operating Company hereby acknowledge that you have given up significant potential value
by fixing the definition of Base Salary in Section 1 above. The Executive, the Corporation, Parent, Operating Company and Purchaser hereby agree that this letter amends that certain Letter Agreement, dated as of June 22, 2012,
by and between you and J. Alexander’s on the terms and subject to the conditions of this letter. 

  

	 	 14.
	 Successors. This letter agreement is binding on the parties hereto and their successors and permitted assigns. The parties
acknowledge that the obligations of the Corporation pursuant to the agreements referenced herein shall be assumed by any original or subsequent transferee of all or substantially all the assets of the Corporation (“Successor”), and
any such Successor shall be bound as the Corporation hereunder and pursuant to the agreements referenced herein. 

 If you
agree to the amendments to your Salary Continuation Agreement, Employment Agreement and Severance Agreement set forth above, please sign as indicated on the following page and return a signed copy to the Corporation and to Brent Bickett. 

  
 5 

 In Witness Whereof, the parties hereto have executed this Letter Agreement effective as of the
date set forth above. 
  

					
	 J. ALEXANDER’S CORPORATION

		
	 By:
	 	 /s/ R. Gregory Lewis

		 	 Name:    
	 	 R. Gregory Lewis

		 	 Title:
	 	 Vice President of Finance and

Secretary

 Acknowledged and Agreed this 30th day of July 2012, by: 

 

	
	 /s/ Lonnie J. Stout II

	 Lonnie J. Stout II

 [Signature Page to Letter Agreement (Lonnie Stout)] 

 Acknowledged and Agreed (solely in respect of Sections 2, 6 and 13 above)
this 30th day of July 2012, by: 
  

					
	 FIDELITY NEWPORT HOLDINGS, LLC

		
	 By:
	 	 /s/ Hazem Ouf

		 	 Name:    
	 	 Hazem Ouf

		 	 Title:
	 	 Chief Executive Officer

 [Signature Page to Letter Agreement (Lonnie Stout)] 

 Acknowledged and Agreed (solely in respect of Sections 2, 6 and 13 above)
this 30th day of July 2012, by: 
  

					
	 FIDELITY NATIONAL FINANCIAL, INC.

		
	 By:
	 	 /s/ Michael L. Gravelle

		 	 Name:    
	 	 Michael L. Gravelle

		 	 Title:
	 	 Executive Vice President, General Counsel

and Corporate Secretary

 [Signature Page to Letter Agreement (Lonnie Stout)] 

 Acknowledged and Agreed (solely in respect of Sections 6 and 13 above) this 30th
day of July 2012, by: 
  

					
	 AMERICAN BLUE RIBBON HOLDINGS, INC.

		
	 By:
	 	 /s/ Michael L. Gravelle

		 	 Name:    
	 	 Michael L. Gravelle

		 	 Title:
	 	 Executive Vice President, General Counsel and Corporate Secretary

 [Signature Page to Letter Agreement (Lonnie Stout)]

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