Document:

Amended and Restated Registration Agreement, dated December 22, 2009

 Exhibit 4.2 
 AMENDED AND RESTATED MDP REGISTRATION AGREEMENT 
 This
AMENDED AND RESTATED MDP REGISTRATION AGREEMENT (this “Agreement”), dated as of December 22, 2009, is by and among Madison Dearborn Capital Partners III, L.P., a Delaware limited partnership (“MDCP”), Madison
Dearborn Special Equity III, L.P., a Delaware limited partnership (“MDSE”), Special Advisors Fund I, LLC, a Delaware limited liability company (“SAF” and, together with MDCP and MDSE, the
“Investors”), and Ruth’s Hospitality Group, Inc., a Delaware corporation (the “Company”). 
 WHEREAS, the Investors and the Company are party to that certain Registration Agreement, dated as of September 17, 1999 (as the same has been amended to date, the “Existing Agreement”); and 
 WHEREAS, the Company and the holders of a majority of the Registrable Securities (as such term is defined by the Existing Agreement) desire
to amend and restate the Existing Agreement pursuant to Section 12(b) thereof by entering into this Agreement. 
 NOW,
THEREFORE, for and in consideration of the mutual agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree
as follows: 
 Section 1. Definitions. As used in this Agreement, the following terms shall have the respective
meanings set forth below: 
 “Agreement” shall have the meaning set forth in the preamble to this Agreement.

 “Business Day” shall mean any day except a Saturday, Sunday or other day on which commercial banks in New
York City are authorized or required by law to close. 
 “BRS” shall have the meaning set forth in
Section 11 hereof. 
 “BRS Registration Agreement” shall have the meaning set forth in
Section 11 hereof. 
 “Common Stock” shall mean Common Stock, par value $0.01 per share, of the
Company. 
 “Company” shall have the meaning set forth in the preamble to this Agreement. 
 “Demand Registration” shall have the meaning set forth in Section 2(a) hereof. 
 “Exchange Act” shall mean the U.S. Securities Exchange Act of 1934, as amended, and any successor statute thereto and the
rules and regulations of the SEC promulgated thereunder. 
 “Existing Agreement” shall have the meaning set
forth in the recitals to this Agreement. 
 “Holder” shall mean a holder of Registrable Securities and any
transferee or assignee who receives Registrable Securities and agrees to become bound by the provisions of this Agreement in accordance with Section 12(c). 
 “Holder Indemnified Party” shall have the meaning set forth in Section 6(a) hereof. 
 “Indemnified Party” shall have the meaning set forth in Section 6(c) hereof. 
 “Indemnifying Party” shall have the meaning set forth in Section 6(c) hereof. 

 “Investors” shall have the meaning set forth in the preamble to this
Agreement. 
 “Other Shareholders” shall have the meaning set forth in Section 2(c). 
 “Person” shall mean any natural person, corporation, limited partnership, general partnership, limited liability company,
joint stock company, joint venture, association, company, estate, trust, bank trust company, land trust, business trust, or other organization, whether or not a legal entity, custodian, trustee-executor, administrator, nominee or entity in a
representative capacity and any government or agency or political subdivision thereof. 
 “Piggyback
Registration” shall have the meaning set forth in Section 3(a) hereof. 
 “Registrable
Securities” shall mean any shares of Common Stock issued to any of the Investors and any additional shares of Common Stock that are issued or issuable upon the conversion or exercise of any warrant, right or other security that is issued by
way of a dividend, stock split, recapitalization or other distribution in respect of such Common Stock. As to any particular Registrable Securities, such securities shall cease to be Registrable Securities when (a) they are sold pursuant to an
effective Registration Statement under the Securities Act, (b) they are sold pursuant to Rule 144 (or any similar provision then in force under the Securities Act), (c) they shall have ceased to be outstanding or (d) they have been
sold in a private transaction in which the transferor’s rights under this Agreement are not assigned to the transferee of the securities. No Registrable Securities may be registered under more than one Registration Statement at any one time.

 “Registration” shall mean a registration effected by preparing and filing a registration statement in
compliance with the Securities Act (and any post-effective amendments filed or required to be filed in connection therewith) and the declaration or ordering of effectiveness of such registration statement by the SEC. 
 “Registration Expenses” shall mean all costs and expenses incurred by the Company in connection with its performance of or
compliance with its obligations hereunder, including, (a) registration and filing fees, (b) processing, duplicating and printing expenses, (c) fees and disbursements of counsel for the Company, (d) fees and expenses of one
counsel for all the Holders (which counsel shall be chosen by the Investors), (e) blue sky fees and expenses (including reasonable fees and disbursements of counsel in connection with blue sky qualifications of the Registrable Securities) and
(f) the fees and expenses for independent certified public accountants retained by the Company incident to or required by any such Registration (including the expenses of any comfort letters or costs associated with the delivery by independent
certified public accountants of a comfort letter or comfort letters requested, but not the cost of any audit other than a year end audit), but excluding the compensation of regular employees of the Company, which shall be paid in any event by the
Company. 
 “Registration Statement” shall mean any registration statement of the Company under the Securities
Act which covers any of the Registrable Securities pursuant to the provisions of this Agreement, including the prospectus, amendments and supplements to such registration statement, including post-effective amendments, all exhibits and all material
incorporated by reference or deemed to be incorporated by reference in such registration statement. 
 “Requesting
Holders” shall have the meaning set forth in Section 2(a) hereof. 
 “Rule 144” shall mean
Rule 144 under the Securities Act, as such Rule may be amended from time to time, or any similar rule or regulation hereafter adopted by the SEC. 
  

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 “Rule 415” shall mean Rule 415 under the Securities Act, as such Rule may
be amended from time to time, or any similar rule or regulation hereafter adopted by the SEC. 
 “SEC” shall
mean the Securities and Exchange Commission or any other federal agency then administering the Securities Act or the Exchange Act. 
 “Securities Act” shall mean the U.S. Securities Act of 1933, as amended, and any successor statute thereto and the rules and regulations of the SEC promulgated thereunder. 
 “Selling Expenses” shall mean all underwriting discounts and selling commissions applicable to the sale of Registrable
Securities, all stamp duty and transfer taxes, if any, and all fees and disbursements of counsel retained by any Holder (other than the reasonable fees and expenses of one counsel for all the Holders, which fees and expenses are included in the
definition of Registration Expenses). 
 “Shelf Registration Statement” shall mean any Registration Statement
filed pursuant to Rule 415 in connection with offerings to be made on a delayed or continuous basis. 
 “Suspension
Period” shall have the meaning set forth in Section 2(b) hereof. 
 Section 2. Demand
Registration. 
 (a) Requested Registration. If at any time on or after the date hereof, the Company shall receive a
written request from the Holders of a majority of the then outstanding Registrable Securities (the “Requesting Holders”) that the Company effect a Registration with respect to all or a part of the Registrable Securities (a
“Demand Registration”), the Company will: 
 (i) within ten (10) Business Days give written
notice of the proposed Demand Registration to all other Holders; and 
 (ii) as soon as practicable, use
commercially reasonable efforts to effect such Demand Registration on Form S-3 (or any successor form thereto) or another appropriate form for such purpose if the Company is not then eligible to use Form S-3 (which such Demand Registration may at
the option of the Requesting Holders be a Shelf Registration Statement) to permit or facilitate the sale and distribution of all or such portion of such Registrable Securities as are specified in such request, together with all or such portion of
the Registrable Securities of any other Holder joining in such request as are specified in a written request received by the Company within ten (10) Business Days after written notice from the Company is given under Section 2(a)(i)
above; provided that the Company shall only be obligated to effect five (5) Demand Registrations pursuant to this Section 2 and the Company shall not be obligated to effect, or take any action to effect: 
 (A) any such Demand Registration pursuant to this Section 2, if the Registrable Securities requested by all
Holders to be registered pursuant to any such request have an anticipated aggregate public offering price (after deduction of any Selling Expenses) of less than $500,000; and 
 (B) any such Demand Registration pursuant to this Section 2 of any Registrable Securities if such Registrable
Securities are then covered by another effective Registration Statement. 
  

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 (b) Notwithstanding anything in Section 2(a), the Company shall not be
obligated to effect, or take any action to effect, or maintain as continuously effective a Shelf Registration Statement if the Company shall furnish to the Holder(s) a certificate signed by the chief executive officer of the Company stating that in
the good faith judgment of the board of directors of the Company, as a result of a pending material corporate development, it would be seriously detrimental to the Company or its stockholders to file the Registration Statement or to maintain its
effectiveness or to permit the continued use thereof, in which case the Company’s obligation to use its commercially reasonable efforts to comply with Section 2(a) shall be deferred for a period (or several periods) not to exceed
ninety (90) days in the aggregate in any twelve (12) month period (a “Suspension Period”). In the event the Company exercises its rights under the preceding sentence, the Holders agree to suspend, immediately upon their
receipt of the notice referred to above, their use of the prospectus relating to such Registration Statement in connection with any sale or offer to sell Registrable Securities. The Company shall promptly notify the Holders when the Registration
Statement may once again be used or be filed and/or become effective. The Company shall not be permitted to deliver a notice of suspension, nor exercise its rights of suspension under this Section 2(b), more than twice during any twelve
(12) month period. 
 (c) The Registration Statement filed pursuant to the request of the Requesting Holders pursuant to
Section 2(a) may, subject to the priority of the Holders to include their Registrable Securities prior to any other equity securities of the Company being registered, include other equity securities of the Company which are held by
Persons who, by virtue of agreements with the Company, are entitled to include their equity securities in any such Registration (“Other Shareholders”). If such Demand Registration is an underwritten public offering, the Company will
include in such registration: (A) first, all securities of the Requesting Holders exercising “demand” registration rights pursuant to Section 2(a); (B) second, up to the full amount of securities requested to be
included in such Demand Registration by such Holders having registration rights on a pari passu basis with the Requesting Holders exercising such “demand” registration rights, allocated pro rata among such Holders, on the basis of the
amount of securities requested to be included therein by each such Holder; (C) third, up to the full amount of equity securities proposed to be included in the Registration by the Company and (D) fourth, up to the full amount of equity
securities requested to be included in such Registration by any Other Shareholders having registration rights on a pari passu basis, allocated pro rata among such Other Shareholders, on the basis of the amount of securities requested to be included
therein by each such Other Shareholder, so that the total amount of securities to be included in such underwritten offering is the full amount that, in the view of the managing underwriter, can be sold without adversely affecting the success of such
underwritten offering. 
 (d) If the Requesting Holders intend that the Registrable Securities covered by the request for a
Demand Registration shall be distributed by means of an underwritten public offering, the Requesting Holders will so advise the Company as a part of such request, and the Company will include such information in the notice sent by the Company to the
other Holders pursuant to Section 2(a)(i) above with respect to such request. In such event, the lead underwriter to administer the offering will be chosen by the Requesting Holders, subject to the prior written consent of the Company,
such consent not to be unreasonably withheld, conditioned or delayed. 
 (e) No request for a Demand Registration will count
for purposes of the limitations set forth in this Section 2 if (i) the Requesting Holders determine in good faith to withdraw the proposed Demand Registration prior to the effectiveness of the Registration Statement relating to such
request due to marketing conditions or regulatory reasons relating to the Company (provided that the Requesting Holders shall then pay all of the Company’s reasonable out-of-pocket expenses incurred in connection with such Demand Registration),
(ii) the Registration Statement relating to such request is not declared effective within 180 days of the date such Registration Statement is first filed with the SEC (other than solely by reason of the Requesting Holders having refused to
proceed or provide any required

  

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information for inclusion therein) and the Requesting Holders withdraw such request prior to such Registration Statement being declared effective, (iii) prior to the sale of at least 90% of
the Registrable Securities included in the applicable Demand Registration relating to such request, such Demand Registration is adversely affected by any stop order, injunction or other order or requirement of the SEC or other governmental agency or
court for any reason and the Company fails to have such stop order, injunction or other order or requirement removed, withdrawn or resolved to the Requesting Holders’ reasonable satisfaction within thirty (30) days of the date of such
order, or (iv) more than 33.33% of the Registrable Securities requested by the Requesting Holders to be included in the Demand Registration are not so included pursuant to Section 2(c). 
 Section 3. Piggy-Back Registration. 
 (a) Inclusion in Registration. If at any time on or after the date hereof, the Company shall determine to register any of its securities either for its own account or for the account of any Other
Shareholders in any public offering, other than a Registration Statement on Form S-4 or Form S-8 (or any successor form thereto), or shall determine to conduct an underwritten takedown from a previously filed Shelf Registration Statement (which such
Shelf Registration Statement permits secondary sales or could, upon the filing of a post-effective amendment thereto, be amended to permit such secondary sales) (in each case, a “Piggyback Registration”), the Company will:

 (i) at least ten (10) Business Days prior to filing the Registration Statement or at least ten
(10) Business Days prior to the proposed commencement of such underwritten takedown give to each of the Holders a written notice thereof; and 
 (ii) include in such Piggyback Registration, and in any underwriting involved therein, all or such portion of the Registrable Securities specified in a written request or requests, made by the Holders
within five (5) Business Days after receipt of the written notice from the Company described in Section 3(a)(i) above, except as set forth in Section 3(b) below. 
 (b) Underwriting. If the Piggyback Registration of which the Company gives notice is an underwritten public offering, the Company
shall so advise each of the Holders as a part of the written notice given pursuant to Section 3(a)(i). In such event, the right of each of the Holders to Registration pursuant to this Section 3 shall be conditioned upon such
Holders’ participation in such underwriting and the inclusion of such Holders’ Registrable Securities in the underwriting to the extent provided herein. The Holders whose shares are to be included in such Piggyback Registration shall
(together with the Company and the Other Shareholders distributing their securities through such underwriting) enter into an underwriting agreement in customary form with the underwriter or underwriters selected for underwriting by the Company.
Notwithstanding the foregoing, if the managing underwriter of such underwritten public offering advises that, in its view, the total amount of securities that the Company, the Holders and any Other Shareholders propose to include in such offering is
such as to adversely affect the success of such underwritten offering, then: 
 (i) if such Piggyback
Registration is a primary registration by the Company for its own account, the Company will include in such Piggyback Registration: (A) first, all securities to be offered by the Company; (B) second, up to the full amount of securities
requested to be included in such Piggyback Registration by the Holders and any Other Shareholders having registration rights on a pari passu basis, allocated pro rata among such holders, on the basis of the amount of securities requested to be
included therein by each such holder; and (C) third, up to the full amount of securities requested to be included in such Piggyback Registration by any Other Shareholders in accordance

  

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with the priorities, if any, then existing among the Company and the Other Shareholders so that the total amount of securities to be included in such underwritten offering is the full amount
that, in the view of such managing underwriter, can be sold without adversely affecting the success of such underwritten offering; and 
 (ii) if such Piggyback Registration is an underwritten secondary registration for the account of holders of securities of the Company, the Company will include in such registration: (A) first, all
securities requested to be included in such Piggyback Registration by Persons exercising “demand” registration rights; (B) second, up to the full amount of securities requested to be included in such Piggyback Registration by the
Holders and any Other Shareholders having registration rights on a pari passu basis with the Persons exercising such “demand” registration rights, allocated pro rata among such Holders and Other Shareholders, on the basis of the amount of
securities requested to be included therein by each such Holder and Other Shareholder; (C) third, up to the full amount of securities proposed to be included in the registration by the Company; and (D) fourth, up to the full amount of
securities requested to be included in such Piggyback Registration by the Other Shareholders in accordance with the priorities, if any, then existing among the Company and the Other Shareholders so that the total amount of securities to be included
in such underwritten offering is the full amount that, in the view of such managing underwriter, can be sold without adversely affecting the success of such underwritten offering. 
 (c) Right to Terminate Registration. The Company shall have the right to terminate or withdraw any Piggyback Registration initiated
by it under this Section 3 prior to the effectiveness of such Piggyback Registration or the pricing of any underwritten takedown whether or not any Holder has elected to include Registrable Securities in such Piggyback Registration. If
any Holder disapproves of the terms of any such underwriting, such Holder may elect to withdraw therefrom at any time prior to the effectiveness of the Registration Statement filed with the SEC with respect to such Piggyback Registration or the
pricing of any underwritten takedown by providing prompt written notice to the Company and the underwriter or the representative of the underwriters of such withdrawal. The Registrable Securities or other Securities so withdrawn shall also be
withdrawn from Registration. 
 Section 4. Registration Expenses. All Registration Expenses incurred in connection
with any Registration, qualification or compliance pursuant to this Agreement, whether or not any Registrable Securities are sold pursuant to a Registration Statement, shall be borne by the Company, and all Selling Expenses shall be borne by the
Holders of the Registrable Securities so registered pro rata on the basis of the number of their shares so registered, other than fees and expenses of counsel, which, to the extent not included in Registration Expenses, shall be borne by the Holder
incurring such fees and expenses of counsel (or if incurred by a Holder or Holders on behalf of one or more Holders, pro rata on the basis of the amounts of their shares so Registered). 
 Section 5. Registration Procedures. Whenever the Holders of Registrable Securities have requested that any Registrable
Securities be registered pursuant to this Agreement, the Company shall use its reasonable best efforts to effect the registration and the sale of such Registrable Securities in accordance with the intended method of disposition thereof, and pursuant
thereto the Company shall as expeditiously as possible: 
 (a) permit one legal counsel to the Holders (which counsel shall be
chosen by the Holders) with an opportunity to review and comment upon each Registration Statement and any related prospectus included therein at least five (5) Business Days prior to their initial filing with the SEC and upon all amendments and
supplements thereto such lesser period prior to their filing with the SEC as

  

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shall be reasonable and appropriate under the circumstances, and the Company shall not file any documents to which such legal counsel to the Holders reasonably objects in writing (it being agreed
that such writing may for this purpose be in electronic format); provided that any fees and expenses of such counsel shall be borne by the parties as provided in Section 4; 
 (b) furnish to each Holder whose Registrable Securities are included in any Registration Statement, without charge, (i) promptly after
the same is prepared and filed with the SEC, at least one copy of such Registration Statement and any amendment(s) thereto, including financial statements and schedules, and if requested by such Holder, all documents incorporated therein by
reference and all exhibits thereto, (ii) upon the effectiveness of any Registration Statement, ten (10) copies of the prospectus included in such Registration Statement and all amendments and supplements thereto (or such other number of
copies as such Holder may reasonably request) and (iii) such other documents, including copies of any preliminary or final prospectus or prospectus supplement, as such Holder may reasonably request from time to time in order to facilitate the
disposition of the Registrable Securities owned by such Holder. The Company hereby consents to the use of each such prospectus and each amendment or supplement thereto by each of the Holders whose Registrable Securities are included in any
Registration Statement in connection with the offering and sale of the Registrable Securities covered by such prospectus and any amendment or supplement thereto; 
 (c) notify each Holder of Registrable Securities covered by such Registration, at any time when a prospectus relating thereto is required to be delivered under the Securities Act, of the happening of any
event as a result of which the prospectus included in such Registration Statement, as then in effect, includes financial statements that are ineligible for inclusion therein or an untrue statement of a material fact or omits to state a material fact
required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, and, subject to Section 5(a), promptly prepare a supplement or amendment to such
Registration Statement to correct such untrue statement or omission, and deliver ten (10) copies of such supplement or amendment to each such Holder (or such other number of copies as such Holder may reasonably request). The Company shall also
promptly notify each Holder of Registrable Securities covered by such Registration in writing (i) when a prospectus or any prospectus supplement or post-effective amendment is proposed to be filed, and when a Registration Statement or any
post-effective amendment has been declared effective (notification of such effectiveness shall be delivered by facsimile on the same day of such effectiveness and by overnight mail), (ii) of any request by the SEC for amendments or supplements
to a Registration Statement or related prospectus or related information, (iii) of the Company’s determination that a post-effective amendment to a Registration Statement would be appropriate, and (iv) when the SEC notifies the
Company whether there will be a “review” of a Registration Statement and whenever the SEC comments in writing on a Registration Statement (in which case the Company shall provide true and complete copies thereof and all written responses
thereto); 
 (d) notify each Holder whose Registrable Securities are included in any Registration Statement of the issuance of
any stop order or other suspension of effectiveness of a Registration Statement, or the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction. If such an order or suspension
is issued, the Company shall procure the withdrawal of such order or suspension at the earliest possible moment and shall notify each Holder who holds Registrable Securities being sold of the issuance of such order and the resolution thereof or its
receipt of actual notice of the initiation or threat of any proceeding for such purpose; 
 (e) reasonably cooperate with the
Holders who hold Registrable Securities being offered to facilitate the timely preparation and delivery of certificates (not bearing any restrictive legend) representing the Registrable Securities to be offered pursuant to a Registration Statement
and

  

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enable such certificates to be in such denominations or amounts, as the case may be, as such Holders may reasonably request and registered in such names as such Holders may request. In connection
therewith, if required by the Company’s transfer agent, the Company shall, promptly after the effectiveness of a Registration Statement, cause an opinion of counsel as to the effectiveness of such Registration Statement to be delivered to and
maintained with its transfer agent, together with any other authorizations, certificates and directions required by the transfer agent which authorize and direct the transfer agent to issue such Registrable Securities without legend upon sale by the
Holder of such shares of Registrable Securities under such Registration Statement; 
 (f) make generally available to its
security holders as soon as practicable an earnings statement (in form complying with the provisions of Rule 158 under the Securities Act) covering a twelve-month period beginning no later than the first Business Day of the Company’s fiscal
quarter next following the effective date of the Registration Statement; provided that such requirement will be deemed to be satisfied if the Company timely files complete and accurate information on its Annual Report on Form 10-K and
Quarterly Reports on Form 10-Q under the Exchange Act; 
 (g) otherwise comply in all material respects with all applicable
rules and regulations of the SEC that are applicable to the Company in connection with any Registration Statement and the disposition of all Registrable Securities covered by such Registration Statement; 
 (h) in connection with any underwritten Registration or takedown therefrom, furnish, on the date that such Registrable Securities are
delivered to the underwriter(s) for sale, (i) an opinion, dated as of such date, of the counsel representing the Company for purposes of such Registration or takedown therefrom, in form and substance as is customarily given to underwriter(s) in
an underwritten public offering and reasonably satisfactory to the underwriter(s), addressed to the underwriter(s) and (ii) a letter, dated as of such date, from the independent certified public accountants of the Company, in form and substance
as is customarily given by independent certified public accountants to underwriter(s) in an underwritten public offering and reasonably satisfactory to the underwriter(s), addressed to the underwriter(s); 
 (i) enter into such customary agreements (including underwriting agreements and lock up agreements in customary form, and including
provisions with respect to indemnification and contribution in customary form) and take all such other customary actions as the Holders whose Registrable Securities are included in any Registration Statement or the underwriters, if any, reasonably
request in order to expedite or facilitate the disposition of the Registrable Securities (including making members of management and executives of the Company available to participate in “road show,” similar sales events and other
marketing activities); 
 (j) use commercially reasonable efforts to (i) prepare and file with the SEC such amendments,
including post-effective amendments, to each Registration Statement and the prospectus used in connection therewith as may be necessary to keep such Registration Statement continuously effective as to the applicable Registrable Securities for the
Effectiveness Period and to comply with the provisions of the Securities Act with respect to the disposition of all Registrable Securities covered by such Registration Statement until such time as all of such Registrable Securities have been
disposed of by the Holders whose Registrable Securities are included in such Registration Statement in accordance with the intended methods of disposition set forth in such Registration Statement; (ii) cause the related prospectus to be amended
or supplemented by any prospectus supplement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of the Registrable Securities covered by each Registration Statement, and as so supplemented to be
filed pursuant to Rule 424 under the Securities Act; and (iii) respond as promptly as reasonably possible to any comments received from the SEC with respect to each Registration Statement or any amendment thereto; 
  

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 (k) if requested by any Holder whose Registrable Securities are included in any
Registration Statement, or the underwriters, if any, promptly include in a prospectus supplement or amendment such information as such Holder or underwriters, if any, may reasonably request in order to permit the intended method of distribution of
such Registrable Securities and make all required filings of such prospectus supplement or such amendment as soon as practicable after the Company has received such request; 
 (l) prior to any public offering of Registrable Securities, use its commercially reasonable efforts to register or qualify or cooperate
with the Holders whose Registrable Securities are included in any Registration Statement in connection with the registration or qualification (or exemption from such registration or qualification) of such Registrable Securities for offer and sale
under the securities or Blue Sky laws of those jurisdictions within the United States as any such Holder reasonably requests in writing and to keep each such registration or qualification (or exemption therefrom) effective during the term of this
Agreement and to do any and all other acts or things necessary or advisable to enable the disposition in such jurisdictions of the Registrable Securities covered by a Registration Statement; provided, that the Company shall not be required to
qualify generally to do business in any jurisdiction where it is not then so qualified or subject the Company to any material tax in any such jurisdiction where it is not then so subject; 
 (m) list such Registrable Securities on any national securities exchange on which the Common Stock is then listed, if such Registrable
Securities are not already so listed and if such listing is then permitted under the rules of such exchange; and 
 (n) take
all other reasonable actions necessary to expedite and facilitate disposition by the Holders whose Registrable Securities are included in any Registration Statement pursuant to such Registration Statement. 
 Section 6. Indemnification. 
 (a) To the fullest extent permitted by law, the Company will indemnify each of the Holders, each of its officers, directors, agents, partners, members, stockholders and employees of each such Person, and
each Person, if any, who controls each of the Holders within the meaning of the Securities Act or Exchange Act, (each, a “Holder Indemnified Party”), with respect to each Registration which has been effected pursuant to this
Agreement against all claims, losses, damages and liabilities (or actions in respect thereof), arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any Registration Statement filed with the
SEC in connection with such Registration, including any preliminary prospectus or final prospectus contained therein, any amendments or supplements thereto or any “issuer free writing prospectus” (as defined in Rule 433 under the
Securities Act) related thereto, or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse each Holder Indemnified
Party for any legal fees and any other costs and expenses reasonably incurred in connection with investigating and defending any such claim, loss, damage, liability or action; provided, that the Company will not be liable in any such case to
the extent that any such claim, loss, damage, liability or expense arises out of or is based on any untrue statement or omission based solely upon written information regarding such Holder Indemnified Party furnished to the Company by such Holder
Indemnified Party expressly for use in such Registration Statement. 
 (b) To the fullest extent permitted by law, each of the
Holders will, if Registrable Securities held by it are included in the securities as to which any Registration pursuant to this Agreement is being effected, indemnify the Company, each of its directors and officers, each Person who controls the
Company within the meaning of the Securities Act or the Exchange Act, against all claims,

  

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losses, damages and liabilities (or actions in respect thereof) arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any Registration
Statement filed in connection with such Registration, including any preliminary prospectus or final prospectus contained therein, any amendments or supplements thereto or any “issuer free writing prospectus” related thereto, or any
omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements by such Holder therein not misleading, and will reimburse the Company, its directors and officers and Persons who
control the company for any legal or any other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage, liability or action, in each case to the extent, but only to the extent, that such untrue
statement (or alleged untrue statement) or omission (or alleged omission) is actually made in such Registration Statement, including any preliminary or final prospectus contained therein, any amendments or supplements thereto or any “issuer
free writing prospectus” related thereto, in reliance upon and in conformity with written information regarding such Holder furnished to the Company by such Holder expressly for use in such Registration Statement; provided,
however, that the obligations of each of the Holders hereunder shall be limited to an amount equal to the gross proceeds after deduction of underwriting discounts and commissions, but before deduction of any other expenses, received by such
Holder for securities sold in such Registration as contemplated herein. 
 (c) Each party entitled to indemnification under
this Section 6 (the “Indemnified Party”) shall give notice to the party required to provide indemnification (the “Indemnifying Party”) promptly after such Indemnified Party has actual knowledge of any
claim as to which indemnity may be sought, and shall permit the Indemnifying Party to assume the defense of any such claim or any litigation resulting therefrom; provided that counsel for the Indemnifying Party, who shall conduct the defense
of such claim or any litigation resulting therefrom, shall be approved by the Indemnified Party (whose approval shall not unreasonably be withheld) and the Indemnified Party may participate in such defense at such party’s expense (unless
(i) the Indemnified Party shall have reasonably concluded that there may be a conflict of interest between the Indemnifying Party and the Indemnified Party in such action or (ii) the Indemnifying Party shall have failed promptly to assume
the defense of any such action, in which case the reasonable fees and expenses of counsel shall be at the expense of the Indemnifying Party and the Indemnifying Party shall not have the right to assume the defense thereof), and provided,
further, that the failure of any Indemnified Party to give notice as provided herein shall not relieve the Indemnifying Party of its obligations under this Section 7 unless the Indemnifying Party is materially prejudiced thereby.
No Indemnifying Party, in the defense of any such claim or litigation shall, except with the prior written consent of each Indemnified Party, consent to entry of any judgment or enter into any settlement which (A) does not include as an
unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Party of a release from all liability in respect to such claim or litigation or (B) requires anything from the Indemnified Party other than the payment of
money damages that the Indemnifying Party has agreed to pay in full. Each Indemnified Party shall, at the expense of the Indemnifying Party, furnish such information regarding itself or the claim in question as the Indemnifying Party may reasonably
request in writing and as shall be reasonably required in connection with the defense of such claim and litigation resulting therefrom. 
 (d) If the indemnification provided for in this Section 6 is held by a court of competent jurisdiction to be unavailable to an Indemnified Party with respect to any loss, liability, claim,
damage or expense referred to herein, then the Indemnifying Party, in lieu of indemnifying such Indemnified Party hereunder, shall contribute to the amount paid or payable by such Indemnified Party as a result of such loss, liability, claim, damage
or expense in such proportion as is appropriate to reflect the relative fault of the Indemnifying Party on the one hand and of the Indemnified Party on the other hand in connection with the statements or omissions which resulted in such loss,
liability, claim, damage or expense, as well as any other relevant equitable considerations. The relative fault of the Indemnifying Party and of the Indemnified Party shall be determined by reference to, among other things, whether the

  

 10 

 
untrue (or alleged untrue) statement of a material fact or the omission (or alleged omission) to state a material fact relates to information supplied by the Indemnifying Party or by the
Indemnified Party and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The parties hereto agree that it would not be just and equitable if contribution pursuant to
this Section 6(d) were determined by pro rata allocation or by any other method of allocation that does not take into account the equitable considerations referred to herein. No Person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) under the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 
 (e) Notwithstanding the foregoing, to the extent that the provisions on indemnification and contribution contained in the underwriting agreement entered into in connection with any underwritten public
offering contemplated by this Agreement are in conflict with the foregoing provisions, the provisions in such underwriting agreement shall be controlling. 
 (f) The indemnity agreements contained herein shall be in addition to (i) any cause of action or similar right of any Indemnified Party against the Indemnifying Party or others and (ii) any
liabilities the Indemnifying Party may be subject to pursuant to law. 
 Section 7. Obligations of Holders.

 (a) It shall be a condition precedent to the obligation of the Company to effect any Registration pursuant to this Agreement
with respect to the Registrable Securities of a particular Holder that such Holder promptly furnish to the Company such information regarding such Holder and the distribution proposed by such Holder as the Company may from time to time reasonably
request in writing and such other information as may be legally required in connection with such Registration including, without limitation, all such information as may be requested by the SEC. 
 (b) Each Holder, by such Holder’s acceptance of the Registrable Securities, agrees to cooperate with the Company as reasonably
requested by the Company in connection with the preparation and filing of any Registration hereunder, unless such Holder has notified the Company in writing of such Holder’s election to exclude all of such Holder’s Registrable Securities
from such Registration. 
 (c) Each Holder agrees that, upon receipt of any notice from the Company of the happening of any
event of the kind described in Section 5(d) or the commencement of any Suspension Period pursuant to Section 2(b), such Holder will immediately discontinue the disposition of Registrable Securities pursuant to any
Registration Statement covering such Registrable Securities until such Holder’s receipt of the copies of the supplemented or amended prospectus contemplated by Section 5(d) or the termination of the Suspension Period, and, if so
directed by the Company, such Holder shall (at the expense of the Company) deliver to the Company, or destroy all copies in such Holder’s possession of, any prospectus covering such Registrable Securities current at the time of receipt of such
notice. 
 Section 8. Rule 144 Reporting. With a view to making available to Holders the benefits of certain rules
and regulations of the SEC which may permit the sale of restricted securities to the public without registration, the Company agrees, as long as Registrable Securities remain outstanding, to use reasonable best efforts to: (a) at all times
after the date of this Agreement, make publicly available such information as necessary to permit sales pursuant to Rule 144 under the Securities Act, (b) file with the SEC in a timely manner all reports and other documents required of the
Company under the Securities Act and the Exchange Act at any time after it has become subject to such reporting requirements; and (c) so long as a Holder owns any Registrable Securities, furnish to such Holder upon request, a written statement
by the Company as to its compliance with the reporting requirements of Rule 144. 
  

 11 

 Section 9. Termination of Registration Rights. The registration rights set forth
in this Agreement shall not be available to any Holder, and the obligations of the Company set forth in Section 8 shall not pertain to any Holder once such Holder no longer owns any Registrable Securities. 
 Section 10. Lock-Up Agreement. Subject to the provisions hereof, in the event the Company proposes to enter into an underwritten
public offering, each Holder agrees to enter into a customary agreement with the underwriter or underwriters not to effect any sale or distribution of the Common Stock of the Company, or any securities convertible, exchangeable or exercisable for or
into Common Stock, during the period reasonably requested by such underwriter; provided that such Holders shall not be so obligated unless the Company and each other stockholder owning 5% or more of the Company’s outstanding Common Stock
participating in such offering enter into the same or comparable lock-up agreement for the same period. 
 Section 11.
Other Registration Rights. The Company covenants that it will not grant to any Person any right of registration under the Securities Act relating to any of its securities other than pursuant to this Agreement and the Registration Rights
Agreement to be entered into with Bruckmann, Rosser, Sherrill & Co, a Delaware limited partnership, and BRS Coinvestor III, L.P., a Delaware limited partnership (collectively, “BRS”), in the form attached as an exhibit to
the Securities Purchase Agreement dated as of December 22, 2009 by and among the Company and BRS (the “BRS Registration Agreement”) unless consented to in writing by Persons holding a majority of the Registrable Securities and
by the Persons holding a majority of the Registrable Securities then held by the Investors. The Company further covenants that it will not amend the BRS Registration Agreement (either before or after its effectiveness) unless consented to in writing
by Persons holding a majority of the Registrable Securities and by the Persons holding a majority of the Registrable Securities then held by the Investors. With respect to relative priority in Piggyback Registrations, the Investors hereby agree that
the Holders (as defined in the BRS Agreement) shall be deemed “Other Shareholders having registration rights on a pari passu basis” for purposes of Sections 3(b)(i) and 3(b)(ii) of this Agreement. In the event that the
Company has more than one effective Shelf Registration Statement in place and it receives competing requests for underwritten takedowns from such Registration Statements, the Investors hereby agree that priority shall be given to the Person at whose
direction or pursuant to whose right the Shelf Registration Statement was originally filed. 
 Section 12.
Miscellaneous. 
 (a) Amendments and Waivers. The provisions of this Agreement, including the provisions of this
sentence, may not be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given without the written consent of the Company and the Holders of a majority of the then outstanding Registrable
Securities. No waiver of any default with respect to any provision, condition or requirement of this Agreement shall be deemed to be a continuing waiver in the future or a waiver of any subsequent default or a waiver of any other provision,
condition or requirement hereof, nor shall any delay or omission of either party to exercise any right hereunder in any manner impair the exercise of any such right. 
 (b) Notices. All notices, demands, instructions, waivers, consents or other communications to be provided pursuant to this Agreement shall be in writing, shall be effective upon receipt, and shall
be sent by hand, facsimile, air courier or certified or registered mail, return receipt requested, as follows: 
  

	 	(i)	if to the Company: 

 Ruth’s
Hospitality Group, Inc. 
 500 International Parkway Heathrow, Florida 32746 
 Attention: Chief Financial Officer 
 Facsimile: (407) 833-9625 
  

 12 

	 	(ii)	if to the Investors: 

 c/o
Madison Dearborn Partners, LLC 
 Three First National Plaza, Suite 4600 
 Chicago, Illinois 60602 
 Attention: Mark B. Tresnowski 
 Facsimile: (312) 895-1276 
  

	 	(iii)	if to any other Person who is then a registered Holder: 

 To the address of such Holder as it appears in the stock transfer books of the Company 
 (c) Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon the successors of each of the parties. The registration rights set forth in this Agreement may not be assigned, in whole or in part, to any
person without the prior written consent of the Company, such consent not to be unreasonably withheld, conditioned or delayed. 
 (d) Counterparts. This Agreement may be signed in any number of counterparts and signatures may be delivered by facsimile or in electronic format, each of which shall be deemed an original, but all of which together shall constitute
one and the same instrument. 
 (e) Headings and Section References. The section and paragraph headings contained in
this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Unless otherwise specified herein, references to Sections and clauses shall be references to Sections and clauses of this
Agreement. 
 (f) Governing Law. The provisions of this Agreement shall be governed by and construed in accordance with
the laws of the State of Illinois. 
 (g) Severability. If any term, provision, covenant or restriction of this
Agreement is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be
affected, impaired or invalidated except to the extent necessary to delete such invalid, illegal, void or unenforceable provision unless the provision held invalid, illegal, void or unenforceable shall substantially impair the benefits of the
remaining portions of this Agreement. 
 (h) Entire Agreement. This Agreement is intended by the parties as a final
expression of their agreement, and is intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions, promises, warranties or
undertakings, other than those set forth or referred to herein, with respect to the registration rights granted by the Company with respect to Registrable Securities. This Agreement supersedes all prior agreements and understandings between the
parties with respect to such subject matter. 
 (i) Remedies. In the event of a breach or a threatened breach by any
party to this Agreement of its obligations under this Agreement, any party injured or to be injured by such breach will be entitled to specific performance of its rights under this Agreement or to injunctive relief, in

  

 13 

 
addition to being entitled to exercise all rights provided in this Agreement and granted by law, it being agreed by the parties that the remedy at law, including monetary damages, for breach of
any such provision will be inadequate compensation for any loss and that any defense or objection in any action for specific performance or injunctive relief that a remedy at law would be adequate is waived. 
 (j) Submission to Jurisdiction. The Company and each of the Investors irrevocably and unconditionally submits, for itself and its
property, to the exclusive jurisdiction of the courts of the State of Illinois sitting in Cook County and of the United States District Court of the Northern District of Illinois, and any appellate court from any thereof, in any action or proceeding
arising out of or relating to this Agreement, or for the recognition or enforcement of any judgment in connection herewith, and each of the parties hereto irrevocably and unconditionally agrees that all claims in respect of any such action or
proceeding may be heard and determined in such Illinois State court or, to the fullest extent permitted by applicable law, in such federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be
conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. 
 *  *  *  *  * 
  

 14 

 IN WITNESS WHEREOF, the parties hereto have caused this Amended and Restated MDP
Registration Agreement to be duly executed as of the date first above written. 
  

			
	RUTH’S HOSPITALITY GROUP, INC.
		
	By:	 	 /s/ Michael P. O’Donnell

	Name:	 	 Michael P. O’Donnell

	Title:	 	 President and CEO

	
	MADISON DEARBORN CAPITAL PARTNERS III, L.P.
		
	By:	 	Madison Dearborn Partners III, L.P.
	Its:	 	General Partner
		
	By:	 	Madison Dearborn Partners, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Robin P. Selati

	Its:	 	Managing Director
	
	MADISON DEARBORN SPECIAL EQUITY III, L.P.
		
	By:	 	Madison Dearborn Partners III, L.P.
	Its:	 	General Partner
		
	By:	 	Madison Dearborn Partners, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Robin P. Selati

	Name:	 	 Robin P. Selati

	Its:	 	 Managing Director

	
	SPECIAL ADVISORS FUND I, LLC
		
	By:	 	Madison Dearborn Partners III, L.P.
	Its:	 	Manager
		
	By:	 	Madison Dearborn Partners, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Robin P. Selati

	Name:	 	 Robin P. Selati

	Its:	 	 Managing DirectorSecond Amendment to First Amended and Restated Credit Agreement

 Exhibit 10.1 
 RUTH’S HOSPITALITY GROUP, INC. 
 (F/K/A/
RUTH’S CHRIS STEAK HOUSE, INC.) 
 SECOND AMENDMENT TO 
 FIRST AMENDED AND RESTATED CREDIT AGREEMENT AND LIMITED WAIVER 
 This SECOND AMENDMENT TO FIRST AMENDED AND
RESTATED CREDIT AGREEMENT AND LIMITED WAIVER (this “Amendment”) is dated as of December , 2009 and
entered into by and among RUTH’S HOSPITALITY GROUP, INC. (f/k/a/ Ruth’s Chris Steak House, Inc.), a Delaware corporation
(“Company”), the financial institutions from time to time party to the Credit Agreement referred to below (“Lenders”), WELLS FARGO
BANK, NATIONAL ASSOCIATION, as administrative agent for Lenders (“Administrative Agent”), and, for purposes of Section 5 hereof, the
Guarantors (as defined in Section 5 hereof) listed on the signature pages hereof, and is made with reference to that certain First Amended and Restated Credit Agreement dated as of February 19, 2008, as amended by that certain First
Amendment to First Amended and Restated Credit Agreement dated as of February 26, 2009 (as so amended, the “Credit Agreement”), by and among Company, Lenders, Banc of America Securities LLC, as a co-lead
arranger, Bank of America, N.A., as syndication agent, and Wachovia Bank, National Association and JPMorgan Chase Bank, N.A., as co-documentation agents, and Administrative Agent. Capitalized terms used herein without definition shall have the same
meanings herein as set forth in the Credit Agreement. 
 R E C I T
A L S 
 WHEREAS, Company and Lenders
desire to amend the Credit Agreement to make certain amendments as set forth below; 
 NOW,
THEREFORE, in consideration of the premises and the agreements, provisions and covenants herein contained, the parties hereto agree as follows: 
 SECTION 1. AMENDMENTS TO THE CREDIT AGREEMENT. 
 Section 1.1 Amendments to Section 1: Definitions. 
 A. Subsection 1.1 of the Credit Agreement is hereby amended by adding thereto the following definitions, which shall be inserted
in proper alphabetical order: 
 “BRS Investors” means Bruckmann, Rosser, Sherrill &
Co. III, L.P., a Delaware limited partnership, and BRS Coinvestor III, L.P., a Delaware limited partnership. 

 “Consolidated Cash Interest Expense” means, for any period,
Consolidated Interest Expense, but excluding, however, any interest expense not payable in Cash (including amortization of discount and amortization of debt issuance costs). 
 “Permitted Investors” means Madison Dearborn, the BRS Investors and their respective Affiliates. 

“Second Amendment” means the Second Amendment to First Amended and Restated Credit Agreement dated as of
December , 2009 among Company, Lenders and Administrative Agent. 
 “Second Amendment Effective
Date” means the date on which all conditions set forth in Section 3 of the Second Amendment are satisfied.” 
 B. Subsection 1.1 of the Credit Agreement is hereby further amended by deleting the definitions of “Change in Control,” “Consolidated Capital Expenditures,” “Consolidated
EBITDA,” “Consolidated Fixed Charges” and “Consolidated Leverage Ratio” therefrom and substituting the following therefor: 
 “Change in Control” means any of the following: (i) any “person” or “group” (within
the meaning of Sections 13(d) and 14(d) of the Exchange Act), other than Permitted Investors, existing stockholders as of the Closing Date and employees of Company and its Subsidiaries, becomes the beneficial owner, directly or indirectly of 20% or
more of the issued and outstanding shares of capital stock of Company entitled (without regard to the occurrence of any contingency) to vote for the election of members of the Governing Body of Company, (ii) the occurrence of a change in the
composition of the Governing Body of Company such that a majority of the members of any such Governing Body are not Continuing Members; and (iii) the occurrence of any “Change in Control” as defined in Company’s Articles of
Incorporation. As used herein, the term “beneficially own” or “beneficial ownership” shall have the meaning set forth in the Exchange Act and the rules and regulations promulgated thereunder. 
 “Consolidated Capital Expenditures” means, for any period and without duplication, the sum of the aggregate
of all expenditures (whether paid in cash or other consideration or accrued as a liability and including that portion of Capital Leases which is capitalized on the consolidated balance sheet of Company and its Subsidiaries) by Company and its
Subsidiaries during that period that, in conformity with GAAP, are included in “additions to property, plant or equipment” or comparable items reflected in the consolidated statement of cash flows of Company and its Subsidiaries;
provided that “Consolidated Capital Expenditures” shall not include the purchase price for the Capital Stock of a Person or substantially all the assets of a Person, including a Ruth’s Chris restaurant franchise. For purposes
of this definition, the purchase price of any asset that is purchased with insurance proceeds or with Net Asset Sale Proceeds shall be included in Consolidated Capital Expenditures only to the extent of the gross amount of such purchase price less
the amount of such insurance proceeds or Net Asset Sale Proceeds, as the case may be. 
  

 2 

 “Consolidated EBITDA” means, for any period, the sum,
without duplication, of the amounts for such period of (i) Consolidated Net Income, (ii) Consolidated Interest Expense, (iii) provisions for taxes based on income, (iv) total depreciation expense, (v) total amortization
expense, (vi) non-cash write-offs or impairment of restaurant assets (including write-offs due to impairment of goodwill) and cash write-offs of the Manhattan UN Facility, (vii) non-recurring costs and expenses in connection with severance
payments, hurricane and relocation costs, and business acquisition costs, (viii) ongoing non-cash GAAP costs in connection with, but not limited to, stock options, restricted stock, bank fees and pre-opening straight-line rent,
(ix) non-recurring costs and expenses in connection with restaurant closures and lease terminations in an aggregate amount not to exceed $4,000,000, (x) Consolidated Rental Expense under the Real Property Operating Lease for the Florida
Headquarters following the sale and leaseback of such property, and (xi) costs and expenses payable in connection with the opening of a new restaurant in an amount not to exceed $500,000 for each new restaurant, in the case of clauses
(ii)-(xi), to the extent deducted in the calculation of Consolidated Net Income, less non-cash items added in the calculation of Consolidated Net Income, all of the foregoing as determined on a consolidated basis for Company and its
Subsidiaries in conformity with GAAP; provided that in the event Company or any of its Subsidiaries acquires a Ruth’s Chris restaurant franchise during such period, Consolidated EBITDA for such period shall be calculated on a Pro Forma
Basis. 
 “Consolidated Fixed Charges” means, for any period, the sum (without duplication) of
the amounts for such period of (i) Consolidated Cash Interest Expense, (ii) scheduled principal payments in respect of Consolidated Total Debt, and (iii) Consolidated Rental Expense, all of the foregoing as determined on a
consolidated basis for Company and its Subsidiaries in conformity with GAAP. 
 “Consolidated Leverage
Ratio” means, as at any date, the ratio of (i) Consolidated Total Debt (other than Indebtedness with respect to any Capital Lease created through the sale and leaseback of the Florida Headquarters) as at such date to
(ii) Consolidated EBITDA for the four consecutive Fiscal Quarter period most recently ended as at such date. 
 C. Subsection 1.1 of the Credit Agreement is hereby further amended by deleting the definition of “Acquisition EBITDA” therefrom in its entirety. 
 D. Subsection 1.1 of the Credit Agreement is hereby further amended by deleting the definition of “Revolving Loan
Commitment Termination Date” therefrom and substituting the following therefor: 
 “Revolving
Loan Commitment Termination Date” means the earlier of the fifth anniversary of the Second Amendment Effective Date and February 19, 2015. 
  

 3 

 Section 1.2 Amendments to Section 2: Amounts and Terms of Commitments and
Loans. 
 A. Revolving Loan Commitment. Subsection 2.1A(i) of the Credit Agreement is hereby amended by
deleting it in its entirety and substituting the following therefor: 
 “(i) Revolving Loans. Each
Revolving Lender severally agrees, subject to the limitations with respect to the maximum amount of Revolving Loans permitted to be outstanding from time to time and the incurrence test set forth below, to lend to Company from time to time during
the period from the Second Amendment Effective Date to but excluding the Revolving Loan Commitment Termination Date an aggregate amount not exceeding its Pro Rata Share of the aggregate amount of the Revolving Loan Commitments to be used for the
purposes identified in subsection 2.5A. The amount of each Revolving Lender’s Revolving Loan Commitment, as of the Second Amendment Effective Date, is set forth opposite its name on Schedule 2.1 annexed hereto, and the
Revolving Loan Commitment Amount, as of the Second Amendment Effective Date, is $130,000,000; provided that the amount of the Revolving Loan Commitment of each Revolving Lender shall be adjusted to give effect to any assignment of such
Revolving Loan Commitment pursuant to subsection 10.1B and shall be reduced from time to time by the amount of any reductions thereto made pursuant to subsection 2.4. Each Revolving Lender’s Revolving Loan Commitment shall expire on the
Revolving Loan Commitment Termination Date and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Loan Commitments shall be paid in full no later than that date. Amounts borrowed under this
subsection 2.1A(i) may be repaid and reborrowed to but excluding the Revolving Loan Commitment Termination Date. 
 Anything contained in this Agreement to the contrary notwithstanding, the Revolving Loans and the Revolving Loan Commitments shall be subject to the limitations that (a) in no event shall the Total Utilization of Revolving Loan
Commitments at any time exceed the Revolving Loan Commitment Amount then in effect and (b) during Fiscal Year 2010, in no event shall a Revolving Loan be made if, after giving effect to such Revolving Loan, the Consolidated Leverage Ratio,
calculated on a pro forma basis, would exceed 3.75 to 1.00.” 
 B. Rate of Interest. Subsection 2.2A of the
Credit Agreement is hereby amended by deleting clause (i) thereof and substituting the following therefor: 
 “(i) Subject to the provisions of subsections 2.2E, 2.2G and 2.7, the Revolving Loans shall bear interest through maturity as follows: 
 if a Base Rate Loan, then at the sum of the Base Rate plus the Base Rate Margin set forth in the table below opposite the applicable Consolidated Leverage Ratio for the four consecutive Fiscal
Quarter period for which the applicable Compliance Certificate has been delivered pursuant to subsection 4.1K or 6.1(iv); or 
  

 4 

 if a Eurodollar Rate Loan, then at the sum of the Eurodollar Rate
plus the Eurodollar Rate Margin set forth in the table below opposite the applicable Consolidated Leverage Ratio for the four consecutive Fiscal Quarter period for which the applicable Compliance Certificate has been delivered pursuant to
subsection 4.1K or 6.1(iv): 
  

									
	 	  	Consolidated
Leverage Ratio	  	Eurodollar Rate
Margin	 	 	Base
Rate Margin	 
	 Greater than or equal to
	  	4.00:1.00	  	5.00	% 	 	3.75	% 
				
	 Greater than or equal to but less than
	  	3.50:1.00
 4.00:1.00
	  	4.250	% 	 	3.00	% 
				
	 Greater than or equal to but less than
	  	3.00:1.00
 3.50:1.00
	  	3.75	% 	 	2.50	% 
				
	 Less than
	  	3.00:1.00	  	3.25	% 	 	2.00	% 

 provided that, until the delivery of the Compliance Certificate for the first Fiscal Quarter
of Fiscal Year 2011, (A) the applicable margin on and after the Second Amendment Effective Date for Revolving Loans that are Eurodollar Rate Loans shall be the higher of: (1) 3.50% per annum and (2) the Eurodollar Rate Margin set
forth in the table above opposite the applicable Consolidated Leverage Ratio for the four consecutive Fiscal Quarter period for which the applicable Compliance Certificate has been delivered pursuant to subsection 4.1K or 6.1(iv) and
(B) the applicable margin on and after the Second Amendment Effective Date for Revolving Loans that are Base Rate Loans shall be the higher of: (1) 2.25% per annum and (2) the Base Rate Margin set forth in the table above opposite the
applicable Consolidated Leverage Ratio for the four consecutive Fiscal Quarter period for which the applicable Compliance Certificate has been delivered pursuant to subsection 4.1K or 6.1(iv).” 
 C. Interest Periods. Subsection 2.2B of the Credit Agreement is hereby amended by (i) adding the word
“and” at the end of clause (vi) thereof, (ii) deleting the semicolon and the word “and” at the end of clause (vii) thereof and substituting a period therefor, and (iii) deleting clause (viii) thereof in
its entirety. 
 D. Commitment Fees. Subsection 2.3A of the Credit Agreement is hereby amended by deleting it in
its entirety and substituting the following therefor: 
 “A. Commitment Fees. Company agrees to pay to Administrative
Agent, for distribution to each Revolving Lender in proportion to that Lender’s Pro Rata Share, commitment fees for the period from and including the Restatement Date to and excluding the Revolving Loan Commitment Termination Date equal to the
average of the daily excess of the Revolving Loan Commitment Amount over the sum of (i) the aggregate principal amount of outstanding Revolving Loans (but not any outstanding

  

 5 

 
Swing Line Loans) plus (ii) the Letter of Credit Usage multiplied by a rate per annum equal to the percentage set forth in the table below opposite the Consolidated Leverage
Ratio for the four consecutive Fiscal Quarter period for which the applicable Compliance Certificate has been delivered pursuant to subsection 4.1K or 6.1(iv): 
  

						
	 	  	Consolidated
Leverage Ratio	  	Commitment Fee
Percentage	 
	 Greater than Or equal to
	  	3.50:1.00	  	0.500	% 
			
	 Less than
	  	3.50:1.00	  	0.375	% 

 such commitment fees to be calculated on the basis of a 360-day year and the actual number of days
elapsed and to be payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each calendar year, commencing on March 31, 2009, and on the Revolving Loan Commitment Termination Date; provided
that until the delivery of the Compliance Certificate for the first Fiscal Quarter of Fiscal Year 2011, the applicable commitment fee percentage on and after the Second Amendment Effective Date shall be 0.500% per annum. Upon delivery of the
Compliance Certificate by Company to Administrative Agent pursuant to subsection 6.1(iv), the applicable commitment fee percentage shall be adjusted, such adjustment to become effective on the third succeeding Business Day following the receipt by
Administrative Agent of such Compliance Certificate; provided that, if at any time a Compliance Certificate is not delivered at the time required pursuant to subsection 6.1(iv), from the time such Compliance Certificate was required to be
delivered until delivery of such Compliance Certificate, the applicable commitment fee percentage shall be the maximum percentage amount set forth above.” 
 E. Reduction of Revolving Loan Commitment Amount. Subsection 2.4A of the Credit Agreement is hereby amended by deleting the final sentence of clause (ii) and clause (v) thereof in
their entirety. 
 F. Reduction of Revolving Loan Commitment Amount. Subsection 2.4A(iv) of the Credit Agreement
is hereby amended by deleting clause (d) thereof in its entirety. 
 Section 1.3 Amendments to Section 7:
Company’s Negative Covenants. 
 A. Investments. Subsection 7.3 of the Credit Agreement is hereby
amended by deleting clauses (iv) and (vi) in their entirety and substituting the following therefor: 
 “(iv)
Company and its Subsidiaries may make Consolidated Capital Expenditures permitted under subsection 7.14; 
 “(vi)
following the end of Fiscal Year 2010, Company and its Subsidiaries may make acquisitions of Ruth’s Chris restaurants from Ruth’s Chris franchisees provided that (a) no Default or Potential Event of Default exists at the time of or
would result after giving effect to any such acquisition, (b) such restaurant is wholly-owned by Company or a

  

 6 

 
Subsidiary of Company upon consummation of such acquisition, (c) after giving effect to any such acquisition and the related adjustments (on a reasonable and prudent pro forma basis in
accordance with the standards set forth under Article 11 of Regulation S-X under the Securities Act) as determined in writing by the chief executive officer or chief financial officer of Company, as if such acquisition had occurred on the first
day of the most recent twelve-month period for which Company’s results of operations are available, Company would be in compliance with the covenant set forth in subsection 7.6A and the Consolidated Leverage Ratio would be at least
0.25 below the Consolidated Leverage Ratio required as of such date pursuant to subsection 7.6B, and Company has delivered to Administrative Agent an Officer’s Certificate so stating and attaching financial information and calculations in form
and substance reasonably satisfactory to Administrative Agent required to confirm such statement, and (d) the aggregate consideration for all such acquisitions in any Fiscal Year when added to the aggregate amount of Consolidated Capital
Expenditures made during such Fiscal Year does not exceed the amount for such Fiscal Year set forth in subsection 7.14; and” 
 B. Restricted Junior Payments. Subsection 7.5 of the Credit Agreement is hereby amended by deleting it in its entirety and substituting the following therefor: 
 “Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, declare, order, pay, make or set apart
any sum for any Restricted Junior Payment; provided that (i) Company may make Restricted Junior Payments so long as no Event of Default shall have occurred and be continuing or shall be caused thereby in an aggregate amount not to exceed
$1,000,000 in any Fiscal Year (a) for purposes of paying dividends on Company’s Capital Stock or (b) to the extent necessary to permit Company to repurchase shares of Capital Stock of Company (or options or warrants to acquire Capital
Stock of Company) from former officers, directors or employees of Company or any of its Subsidiaries following the death, disability or termination of employment of such officers, directors or employees, and (ii) following the end of Fiscal
Year 2010, Company may repurchase shares of its common stock in an aggregate amount not to exceed $25,000,000 so long as, after giving effect to any such repurchase, (a) the Consolidated Leverage Ratio, calculated on a pro forma basis, does not
exceed 3.00 to 1.00, and (b) the Revolving Loan Commitment Amount exceeds the Total Utilization of Revolving Loan Commitments by at least $15,000,000.” 
 C. Financial Covenants. Subsection 7.6 of the Credit Agreement is hereby amended by deleting it in its entirety and substituting the following therefor: 
 “A. Minimum Adjusted Fixed Charge Coverage Ratio. Company shall not permit the ratio of (i) Consolidated EBITDAR
minus (a) taxes based on income of Company and its Subsidiaries on a consolidated basis paid in Cash and (b) Consolidated Maintenance Capital Expenditures to (ii) Consolidated Fixed Charges for any four Fiscal Quarter period
ending on or after the last day of the fourth Fiscal Quarter of Fiscal Year 2010 to be less than 1.35 to 1.00. 
  

 7 

 “B. Maximum Consolidated Leverage Ratio. Company shall not permit the
Consolidated Leverage Ratio as at the last day of any Fiscal Quarter set forth below to exceed the correlative ratio indicated: 
  

			
	PERIOD	  	MAXIMUM LEVERAGE RATIO
		
	 Fourth Fiscal Quarter of Fiscal Year 2010
	  	3.80 to 1.00
	 First, Second, Third and Fourth Fiscal Quarters of Fiscal Year 2011
	  	3.75 to 1.00
	 First and Second Fiscal Quarters of Fiscal Year 2012
	  	3.60 to 1.00
	 Third and Fourth Fiscal Quarters of Fiscal Year 2012
	  	3.40 to 1.00
	 First, Second, Third and Fourth Fiscal Quarters of Fiscal Year 2013
	  	3.10 to 1.00
	 First Fiscal Quarter of Fiscal Year 2014 and thereafter
	  	2.75 to 1.00”

 D. Capital Expenditures. Subsection 7.14 of the Credit Agreement
is hereby amended by deleting such subsection in its entirety and substituting the following therefor: 
 “7.14.
Consolidated Capital Expenditures 
 Company shall not, and shall not permit its Subsidiaries to, make
or incur Consolidated Capital Expenditures, in any Fiscal Year, in an aggregate amount which, when added to any acquisitions made during such Fiscal Year pursuant to subsection 7.3(vi), exceeds (i) for Fiscal Year 2009, $12,000,000,
(ii) for Fiscal Year 2010, $12,500,000, and (iii) for any Fiscal Year thereafter, $12,500,000; provided, however, Company may make additional Consolidated Capital Expenditures and/or additional acquisitions permitted pursuant
to Section 7.3(vi) in any Fiscal Year following Fiscal Year 2010 in an aggregate amount which does not exceed (a) $7,500,000 in the event that the Consolidated Leverage Ratio for the immediately preceding two Fiscal Quarters does not
exceed 3.25 to 1.00, (b) $12,500,000 in the event that the Consolidated Leverage Ratio for the immediately preceding two Fiscal Quarters does not exceed 3.00 to 1.00, and (c) $17,500,000 in the event that the Consolidated Leverage Ratio
for the immediately preceding two Fiscal Quarters does not exceed 2.50 to 1.00.” 
 Section 1.4 Modification of
Schedules and Exhibits. 
 A. Schedule 2.1. Schedule 2.1 to the Credit Agreement is hereby amended by
deleting said Schedule 2.1 in its entirety and substituting in place thereof a new Schedule 2.1 in the form of Schedule 2.1 to this Amendment. 
 B. Notice of Borrowing. Exhibit I to the Credit Agreement is hereby amended by deleting it in its entirety and substituting Exhibit I to this Amendment therefor. 
  

 8 

 C. Compliance Certificate. Exhibit VII to the Credit Agreement is
hereby amended by deleting it in its entirety and substituting Exhibit VII to this Amendment therefor. 
 SECTION 2.
LIMITED WAIVER. 
 Subject to the terms and conditions set forth herein and in reliance on the
representations and warranties of Company herein contained, Lenders hereby waive compliance with the provisions of (a) subsection 6.1(iii) of the Credit Agreement to the extent necessary to permit Company to restate its financial statements for
Fiscal Years 2005 through 2008 to reflect the reclassification of sales or revenue offsets and employee meals as other than operating expenses provided that a new report thereon of KPMG, LLP which satisfies the requirements of subsection 6.1(iii) is
delivered at the time of the delivery of the financial statements for Fiscal Year 2009 and (b) subsection 7.7 of the Credit Agreement to the extent necessary to permit the issuance by Company of its convertible preferred stock and the
rights offering to its existing stockholders contemplated by this Amendment. 
 Without limiting the generality of the
provisions of subsection 10.6 of the Credit Agreement, the waivers set forth above shall be limited precisely as written and relate solely to the noncompliance by Company with the provisions of subsections 6.1(iii) and 7.7 of the Credit Agreement in
the manner and to the extent described above, and nothing in this Amendment shall be deemed to: 
 (i) constitute
a waiver of compliance by Company with respect to (A) subsection 6.1 (iii) or subsection 7.7 of the Credit Agreement in any other instance or (B) any other term, provision or condition of the Credit Agreement or any other instrument
or agreement referred to therein; or 
 (ii) prejudice any right or remedy that Administrative Agent or any
Lender may now have (except to the extent such right or remedy was based upon existing defaults that will not exist after giving effect to this Amendment) or may have in the future under or in connection with the Credit Agreement or any other
instrument or agreement referred to therein. 
 Company represents and warrants to each Lender that the reclassification of sales or revenue
offsets and employee meals to be reflected in any restatement of its financial statements for Fiscal Years 2005 through 2008 is not material and will not have any effect on its Consolidated EBITDA for any such Fiscal Year. 
  

 9 

 SECTION 3. CONDITIONS TO EFFECTIVENESS. 

 Sections 1 and 2 of this Amendment (other than the provisions of Section 1.1D hereof) shall become effective only
upon the satisfaction of all of the following conditions precedent (the date of satisfaction of such conditions being referred to herein as the “Second Amendment Effective Date”) on or prior to March 31,
2010: 
 A. On or before the Second Amendment Effective Date, Company shall, and shall cause each Guarantor to, deliver
to Lenders (or to Administrative Agent for Lenders with sufficient originally executed copies, where appropriate, for each Lender) the following, each, unless otherwise noted, dated the Second Amendment Effective Date: 
 1. Copies of all amendments to the Organizational Documents of Company executed on or after February 19, 2008, in each
case, certified by the Secretary of State of Delaware or, if such document is of a type that may not be so certified, certified by the secretary or similar officer of Company, together with a good standing certificate from the Secretary of State of
the State of Delaware, each dated a recent date prior to the Second Amendment Effective Date; 
 2. Copies of all
amendments to the Organizational Documents of each Guarantor executed on or after February 19, 2008, in each case, certified by the Secretary of State of its jurisdiction of organization or, if such document is of a type that may not be so
certified, certified by the secretary or similar officer of the applicable Guarantor, together with a good standing certificate from the Secretary of State of its jurisdiction of organization and, to the extent generally available, a certificate or
other evidence of good standing as to payment of any applicable franchise or similar taxes from the appropriate taxing authority of such jurisdiction, each dated a recent date prior the Second Amendment Effective Date; 
 3. Resolutions of the Governing Body of Company and each Guarantor approving and authorizing the execution, delivery, and
performance of this Amendment, certified as of the Second Amendment Effective Date by the secretary or similar officer of such Person as being in full force and effect without modification or amendment; 
 4. Signature and incumbency certificates of the officers of Company and each Guarantor executing this Amendment on each such
Person’s behalf; and 
 5. Executed copies of this Amendment. 
 B. Lenders shall have received copies of one or more favorable written opinions of Jones, Walker, Waechter, Poitevent,
Carrere & Denegre, L.L.P., counsel for Company, in form and substance reasonably satisfactory to Administrative Agent and its counsel, dated as of the Second Amendment Effective Date, and setting forth the matters as Administrative Agent
acting on behalf of Lenders may reasonably request. 
 C. On or before the Second Amendment Effective Date, Company shall
have received proceeds (net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith) of at least $42,500,000 in cash in exchange for the issuance of its convertible preferred stock to a new investor and
a rights offering to existing stockholders and Company shall have prepaid the Loans in an amount equal to $42,500,000. In addition, Company shall have prepaid the Loans and permanently reduced the Revolving Loan Commitment Amount in an amount equal
to all proceeds (net of underwriting discounts

  

 10 

 
and commissions and other reasonable costs and expenses associated therewith not reflected in the calculation of the $42,500,000 of proceeds) of the rights offering in excess of $25,000,000. Any
such reduction in the Revolving Loan Commitment Amount shall be in addition to the reduction in the Revolving Loan Commitment Amount effected pursuant to Section 1.2 hereof. 
 D. On or before the Second Amendment Effective Date, all corporate and other proceedings taken or to be taken in connection with the
transactions contemplated hereby and all documents incidental thereto not previously found acceptable by Administrative Agent, acting on behalf of Lenders, and its counsel shall be reasonably satisfactory in form and substance to Administrative
Agent and such counsel, and Administrative Agent and such counsel shall have received all such counterpart originals or certified copies of such documents as Administrative Agent may reasonably request. 
 E. Company shall pay to each Lender executing this Amendment an amendment fee equal to 0.75% of such Lender’s Revolving Loan
Exposure. 
 SECTION 4. COMPANY’S REPRESENTATIONS AND
WARRANTIES. 
 In order to induce Lenders to enter into this Amendment and to amend the Credit Agreement in
the manner provided herein, Company represents and warrants to each Lender that the following statements are true, correct and complete: 
 A. Corporate Power and Authority. Company has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its
obligations under, the Credit Agreement as amended by this Amendment (the “Amended Agreement”). 
 B. Authorization of Agreements. The execution and delivery of this Amendment and the performance of the Amended Agreement have been duly authorized by all necessary corporate action on the part of Company. 
 C. No Conflict. The execution and delivery by Company of this Amendment and the performance by Company of this Amendment do
not and will not (i) violate any provision of any law or any governmental rule or regulation applicable to Company or any of its Subsidiaries, the Organizational Documents of Company or any of its Subsidiaries or any order, judgment or decree
of any court or other agency of government binding on Company or any of its Subsidiaries, (ii) conflict with, result in a breach of or constitute (with due notice or lapse of time or both) a default under any Contractual Obligation of Company
or any of its Subsidiaries, (iii) result in or require the creation or imposition of any Lien upon any of the properties or assets of Company or any of its Subsidiaries (other than Liens created under any of the Loan Documents in favor of
Administrative Agent on behalf of Lenders), or (iv) require any approval of stockholders or any approval or consent of any Person under any Contractual Obligation of Company or any of its Subsidiaries. 
  

 11 

 D. Governmental Consents. The execution and delivery by Company of this
Amendment and the performance by Company of the Amended Agreement do not and will not require any Governmental Authorization. 
 E. Binding Obligation. This Amendment has been duly executed and delivered by Company and this Amendment is the legally valid and binding obligation of Company, enforceable against Company in accordance with its terms, except
as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability. 
 F. Incorporation of Representations and Warranties From Credit Agreement. The representations and warranties contained in
Section 5 of the Credit Agreement are and will be true, correct and complete in all material respects on and as of the Second Amendment Effective Date to the same extent as though made on and as of that date, except to the extent such
representations and warranties specifically relate to an earlier date, in which case they were true, correct and complete in all material respects on and as of such earlier date. 
 G. Absence of Default. After giving effect to this Amendment, no event has occurred and is continuing or will result from the
consummation of the transactions contemplated by this Amendment that would constitute an Event of Default or a Potential Event of Default. 
 SECTION 5. ACKNOWLEDGEMENT AND CONSENT. 
 Each
guarantor (or pledgor) listed on the signatures pages hereof (each, a “Guarantor”) hereby acknowledges and agrees that the Subsidiary Guaranty and any Collateral Document (each, a “Credit
Support Document”) to which it is a party or otherwise bound shall continue in full force and effect and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited by the execution
or effectiveness of this Amendment. Each Guarantor represents and warrants that all representations and warranties contained in this Amendment and the Credit Support Documents to which it is a party or otherwise bound are true, correct and complete
in all material respects on and as of the Second Amendment Effective Date to the same extent as though made on and as of that date, except to the extent such representations and warranties specifically relate to an earlier date, in which case they
were true, correct and complete in all material respects on and as of such earlier date. 
 Each Guarantor acknowledges and
agrees that (i) notwithstanding the conditions to effectiveness set forth in this Amendment, such Guarantor is not required by the terms of the Credit Agreement or any other Loan Document to consent to the amendments to the Credit Agreement
effected pursuant to this Amendment and (ii) nothing in the Credit Agreement, this Amendment or any other Loan Document shall be deemed to require the consent of such Guarantor to any future amendments to the Credit Agreement. 
  

 12 

 SECTION 6. MISCELLANEOUS. 
 A. Reference to and Effect on the Credit Agreement and the Other Loan Documents. 
 (i) On and after the Second Amendment Effective Date, each reference in the Credit Agreement to “this Agreement”,
“hereunder”, “hereof”, “herein” or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to the “Credit Agreement”, “thereunder”, “thereof”
or words of like import referring to the Credit Agreement shall mean and be a reference to the Amended Agreement. 
 (ii) Except as specifically amended by this Amendment, the Credit Agreement and the other Loan Documents shall remain in full force and effect and are hereby ratified and confirmed. 
 (iii) The execution, delivery and performance of this Amendment shall not, except as expressly provided herein, constitute a
waiver of any provision of, or operate as a waiver of any right, power or remedy of Administrative Agent or any Lender under, the Credit Agreement or any of the other Loan Documents. 
 B. Fees and Expenses. Company acknowledges that all costs, fees and expenses as described in subsection 10.2 of the
Credit Agreement incurred by Administrative Agent and its counsel with respect to this Amendment and the documents and transactions contemplated hereby shall be for the account of Company. 
 C. Applicable Law. THIS AMENDMENT AND THE RIGHTS
AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND
SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE INTERNAL LAWS
OF THE STATE OF NEW YORK (INCLUDING WITHOUT LIMITATION SECTION 5-1401 OF
THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REGARD
TO CONFLICTS OF LAWS PRINCIPLES THAT WOULD REQUIRE APPLICATION OF ANOTHER
LAW. 
 D. Counterparts; Effectiveness. This Amendment may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument; signature pages may
be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are physically attached to the same document. This Amendment (other than the provisions of Sections 1 and 2 hereof, the
effectiveness of which is governed by Section 3 hereof and the final sentence of this Section 6D) shall become effective upon the execution of a counterpart hereof by Company, Requisite Lenders and each of the Credit Support Parties and
receipt by Company and Administrative Agent of written or telephonic notification of such execution and authorization of delivery thereof. The provisions of Section 1.1D hereof shall become effective upon the satisfaction of the conditions set
forth in Section 3 hereof and execution of a counterpart hereof by all Lenders and receipt by Company and Administrative Agent of written or telephonic notification of such execution and authorization of delivery thereof. 
  

 13 

 [Remainder of page intentionally left blank] 
  

 14 

 IN WITNESS WHEREOF, the parties hereto have
caused this Amendment to be duly executed and delivered by their respective officers thereunto duly authorized as of the date first written above. 
 COMPANY: 
  

			
	RUTH’S HOSPITALITY GROUP, INC.
(F/K/A/ RUTH’S CHRIS STEAK HOUSE, INC.)
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

 LENDERS: 
  

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, individually as a Lender, as Co-Lead Arranger and as Administrative Agent
		
	By:	 	 /s/ J. Nicholas Cole

	Name:	 	 J. Nicholas Cole

	Title:	 	 Executive Vice President

  

 S-2 

			
	BANK OF AMERICA, N.A., individually as a Lender and as Syndication Agent
		
	By:	 	 /s/ John H. Schmidt

	Name:	 	 John H. Schmidt

	Title:	 	 Vice President

  

 S-3 

			
	WACHOVIA BANK, NATIONAL ASSOCIATION, individually as a Lender and as Co-Documentation Agent
		
	By:	 	 /s/ Denis Waltrich

	Name:	 	 Denis Waltrich

	Title:	 	 Vice President

  

 S-4 

			
	JPMORGAN CHASE BANK, N.A., individually as a Lender and as Co-Documentation Agent
		
	By:	 	 /s/ Lynn Richard

	Name:	 	 Lynn Richard

	Title:	 	 Senior Vice President

  

 S-5 

			
	CAROLINA FIRST BANK, as a Lender
		
	By:	 	 /s/ Kathleen L. Graf

	Name:	 	 Kathleen L. Graf

	Title:	 	 Vice President

  

 S-6 

			
	CITIBANK N.A., as a Lender
		
	By:	 	 /s/ Scott Miller

	Name:	 	 Scott Miller

	Title:	 	 Vice President

  

 S-7 

			
	FIRST TENNESSEE BANK NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Ron Willard

	Name:	 	 Ron Willard

	Title:	 	 S. V. P.

  

 S-8 

			
	COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A. “RABOBANK NEDERLAND”, NEW YORK BRANCH, as a Lender
		
	By:	 	 /s/ Garrett O’Malley

	Name:	 	 Garrett O’Malley

	Title:	 	 Executive Director

		
	By:	 	 /s/ Brett Delfino

	Name:	 	 Brett Delfino

	Title:	 	 Executive Director

  

 S-9 

			
	RAYMOND JAMES BANK, FSB, as a Lender
		
	By:	 	 /s/ Kathy Bennett

	Name:	 	 Kathy Bennett

	Title:	 	 Vice President

  

 S-10 

			
	FIFTH THIRD BANK, as a Lender
		
	By:	 	 /s/ Jackson Young

	Name:	 	 Jackson Young

	Title:	 	 Vice President

  

 S-11 

					
	ACKNOWLEDGED AND AGREED:	 	R.C. EQUIPMENT, INC. (for purposes of Section 5 only), as a Credit Support Party
			
		 	By:	 	 /s/ Robert M. Vincent

		 	Name:	 	 Robert M. Vincent

		 	Title:	 	 Executive Vice President/CFO

		
		 	R.F. INC. (for purposes of Section 5 only), as a Credit Support Party
			
		 	By:	 	 /s/ Robert M. Vincent

		 	Name:	 	 Robert M. Vincent

		 	Title:	 	 Executive Vice President/CFO

		
		 	RCSH HOLDINGS, INC. (for purposes of Section 5 only), as a Credit Support Party
			
		 	By:	 	 /s/ Robert M. Vincent

		 	Name:	 	 Robert M. Vincent

		 	Title:	 	 Executive Vice President/CFO

		
		 	RCSH MANAGEMENT, INC. (for purposes of Section 5 only), as a Credit Support Party
			
		 	By:	 	 /s/ Robert M. Vincent

		 	Name:	 	 Robert M. Vincent

		 	Title:	 	 Executive Vice President/CFO

		
		 	RCSH OPERATIONS, INC. (for purposes of Section 5 only), as a Credit Support Party
			
		 	By:	 	 /s/ Robert M. Vincent

		 	Name:	 	 Robert M. Vincent

		 	Title:	 	 Executive Vice President/CFO

  

 S-12 

			
	RCSH OPERATIONS, LLC (for purposes of Section 5 only), as a Credit Support Party
		
	By:	 	RUTH’S HOSPITALITY GROUP, INC., as Sole Member and Manager
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

	
	RCSH PROMOTIONS, LLC (for purposes of Section 5 only), as a Credit Support Party
		
	By:	 	RUTH’S HOSPITALITY GROUP, INC., as Sole Member and Manager
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

	
	RUTH’S CHRIS STEAK HOUSE BOSTON, LLC (for purposes of
Section 5 only), as a Credit Support Party
		
	By:	 	RUTH’S HOSPITALITY GROUP, INC., as Sole Member and Manager
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

  

 S-13 

			
	RUTH’S CHRIS STEAK HOUSE DALLAS, L.P. (for purposes of
Section 5 only), as a Credit Support Party
		
	By:	 	RUTH’S HOSPITALITY GROUP, INC., as General Partner
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

	
	RUTH’S CHRIS STEAK HOUSE TEXAS, L.P. (for purposes of
Section 5 only), as a Credit Support Party
		
	By:	 	RUTH’S HOSPITALITY GROUP, INC., as General Partner
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

	
	RUTH’S CHRIS STEAK HOUSE #15, INC. (for purposes of Section 5
only), as a Credit Support Party
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

	
	RUTH’S CHRIS STEAK HOUSE FRANCHISE, INC. (for
purposes of Section 5 only), as a Credit Support Party
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

  

 S-14 

			
	RHG FISH MARKET, INC. (for purposes of Section 5 only), as a Credit Support Party
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

	
	RHG KINGFISH, LLC (for purposes of Section 5 only), as a Credit Support Party
		
	By:	 	RUTH’S HOSPITALITY GROUP, INC., as Sole Member
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

	
	RCSH MILLWORK, LLC (for purposes of Section 5 only), as a Credit Support Party
		
	By:	 	RCSH OPERATIONS, LLC, as Sole Member and Manager
		
	By:	 	RUTH’S HOSPITALITY GROUP, INC., as Sole Member and Manager
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

	
	RCSH UTAH, INC. (for purposes of Section 5 only), as a Credit Support Party
		
	By:	 	 /s/ Robert M. Vincent

	Name:	 	 Robert M. Vincent

	Title:	 	 Executive Vice President/CFO

  

 S-15

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