Document:

Exhibit 10-09 Restricted Stock Agreement - Officer Inducement Form

    Exhibit
      10.09

    RESTRICTED
      STOCK AGREEMENT

     

         
      THIS
      RESTRICTED STOCK AGREEMENT
      (the
“Agreement”) is made and entered into effective ________________, by and
      between OS RESTAURANT SERVICES, INC., a Delaware corporation (“OSRS”), OUTBACK
      STEAKHOUSE, INC., a Delaware corporation (the “Company”), and _______________,
      SSN ____________ (“Grantee”), under the following
      circumstances:

    

    WHEREAS,
      OSRS is
      an affiliate of the Company; and

    

    WHEREAS,
      Grantee
      is employed by OSRS or its affiliate in the position of _________________
      and,
      as a
      matter of separate inducement and agreement in connection with Grantee's
      employment, and not in lieu of any salary or other compensation for Grantee’s
      services, OSRS and the Company desire to enter into this Agreement with Grantee;
      and

    

    WHEREAS,
      OSRS
      and the Company consider it to be in their best interests to provide Grantee
      an
      inducement to acquire an ownership interest in the Company and thereby an
      additional incentive to advance the interests of the Company and
      OSRS.

    

    NOW,
      THEREFORE,
      intending to be legally bound, in consideration of the mutual covenants
      contained herein, and other good and valuable consideration, the receipt and
      sufficiency of which are hereby acknowledged, the parties agree as
      follows:

    

    Section
      1. Grant.
      

    

    The
      Company hereby grants to Grantee _________________
      (_____) shares of the
      Company’s Common Stock, $0.01 par value (the “Restricted Stock”).

    

    The
      Restricted Stock is subject to the following provisions of this
      Agreement:

    

    Section
      2. Vesting.
      The
      Restricted Stock will vest as follows:

     

    
      
        
          	 	                
                  Vesting Dates	 	 Restricted Stock	 
	 	 	 	 	 
	 	 On _________ (after 3 years
                  from
                  effective date)	 	 ______ (20%)	 
	 	 On _________ (after 4 years
                  from
                  effective date)	 	 ______
                  (20%)	 
	 	 On _________ (after 5 years
                  from
                  effective date) (“Final Vesting Date”)	 	 ______ (60%)	 

        

         

      

    

    Section
      3. Purchase
      Price.
      The
      purchase price of the Restricted Stock is Zero
      and
      01/100 Dollars ($0.01) per
      share. Payment shall be made by the Grantee upon execution of this Agreement.
      The Restricted Stock will be issued in uncertificated form. The Restricted
      Stock
      will be recorded in the name of the Grantee in the books and records of the
      Company’s transfer agent. Upon vesting and Grantee’s compliance with
Section
      8
      hereof,
      the Company shall cause certificates for the Restricted Stock to be issued
      to
      Grantee.

    

    Section
      4. Transferability.
      The
      Restricted Stock cannot be transferred or encumbered in any manner prior to
      vesting except by will or the laws of descent and distribution. The transferee
      of any Restricted Stock will be subject to all restrictions, terms, and
      conditions applicable to the Restricted Stock.

    

    Section
      5. Termination
      of Employment.
      If the
      Grantee does not remain employed by the Company in the position of __________
      or
      higher through the Final Vesting Date, all shares of Restricted Stock not vested
      as of the date Grantee is no longer employed by the Company in the position
      of
_________
      or
      higher, will be forfeited.

    
      
        
        

      

      
        
          1

          Form
            - Officer Restricted Stock Agreement Inducement
            2005b

        

        
          

        

      

      
        
        

      

    

     

    Section
      6. Shareholder
      Rights and Restrictions.
      Except
      with regard to the disposition or encumbrance of Restricted Stock, the Grantee
      will generally have all rights of a shareholder with respect to the Restricted
      Stock from the date of grant, including, without limitation, the right to
      receive dividends with respect to such Restricted Stock and the right to vote
      such Restricted Stock, subject to any restrictions in this
      Agreement.

    

    Section
      7. Dividends.
      All
      dividends payable on the Restricted Stock (whether or not vested) will be
      payable in cash.

     

         
      Section 8. Taxes.
      Regardless of any action the Company takes with respect to any or all income
      tax, social insurance, payroll tax, payment on account or other tax-related
      withholding (“Tax-Related Items”), the Grantee acknowledges that the ultimate
      liability for all Tax-Related Items is and remains the Grantee’s responsibility
      and that the Company (1) makes no representations or undertakings regarding
      the treatment of any Tax-Related Items in connection with any aspect of the
      grant, including the grant or lapse of the restrictions on the shares, the
      subsequent sale of shares and the receipt of any dividends; and (2) does
      not commit to structure the terms of the grant or any aspect of the grant to
      reduce or eliminate your liability for Tax-Related Items. 

    

         The
      Grantee shall pay or make adequate arrangements satisfactory to the Company
      to
      satisfy all withholding and payment on account obligations of the Company.
      If
      the Grantee does not make such payment to or arrangements with the Company,
      the
      Company shall have the right to withhold from any payment of any kind otherwise
      due to the Grantee from the Company, any federal, state or local taxes of any
      kind required by law to be withheld with respect to the award or vesting of
      the
      Restricted Stock. Alternatively, or in addition, if permissible under local
      law,
      the Company may (a) sell or arrange for the sale of the Restricted Stock to
      meet
      the withholding obligation for Tax-Related Items, and/or (b) withhold such
      amount in shares of Restricted Stock, provided that the Company only withholds
      the amount of Restricted Stock necessary to satisfy the minimum withholding
      amount. Finally, the Grantee shall pay to the Company any amount of Tax-Related
      Items that the Company may be required to withhold as a result of the Grantee’s
      receipt of Restricted Stock that cannot be satisfied by the means previously
      described. The Company may refuse to honor the exercise and refuse to deliver
      the Restricted Stock if the Grantee fails to comply with the Grantee’s
      obligations in connection with the Tax-Related Items as described in this
      section.

    

    For
      purposes of Internal Revenue Code Section 83, the Grantee’s receipt of
      Restricted Stock may be deemed a transfer in connection with the performance
      of
      services. Because of the restrictions on transfer and vesting requirements,
      the
      Grantee will recognize taxable income in the tax year in which the Restricted
      Stock vests. The amount of taxable income is the fair market value of the
      Restricted Stock at
      the time the Restricted Stock vests.
       As
      an
      alternative, an election is available under Internal Revenue Code Section 83(b)
      to include the excess amount in taxable income for the year of the grant.
If
      a Section 83(b) election were made, the Company would report the value of the
      Restricted Stock to the Internal Revenue Service and will include the excess
      amount on your W-2 for the year of grant.  IN
      CONSIDERATION OF THE GRANTEE’S EMPLOYMENT AND THE ISSUANCE OF THE RESTRICTED
      STOCK TO THE GRANTEE, THE GRANTEE AGREES NOT TO MAKE A SECTION 83(b) ELECTION
      WITH RESPECT TO THE RESTRICTED STOCK.

    

    Section
      9. Securities
      Law Compliance.

    

    (a) The
      Grantee agrees that the Company may impose such restrictions on the Restricted
      Stock as are deemed advisable by the Company, including, without limitation,
      restrictions relating to listing or trading requirements. The Grantee further
      agrees that certificates representing the Restricted Stock may bear such legends
      and statements as the Company shall deem appropriate or advisable to assure,
      among other things, compliance with applicable securities laws, rules, and
      regulations.

    

    (b) The
      Grantee agrees that any Restricted Stock which the Grantee may acquire by virtue
      of this Agreement may not be transferred, sold, assigned, pledged, hypothecated
      or otherwise disposed of by the Grantee unless (i) a registration statement
      or
      post-effective amendment to a registration statement under the

    
      
        
        

      

      
        
          2

          Form
            - Officer Restricted Stock Agreement Inducement
            2005b

        

        
          

        

      

      
        
        

      

    

     

    Securities
      Act of 1933, as amended, with respect to such Restricted Stock has become
      effective so as to permit the sale or other disposition of such Restricted
      Stock
      by the Grantee, or (ii) there is presented to the Company an opinion of counsel
      satisfactory to the Company to the effect that the sale or other proposed
      disposition of such Restricted Stock by the Grantee may lawfully be made
      otherwise than pursuant to an effective registration statement or post-effective
      amendment to a registration statement relating to such Restricted Stock under
      the Securities Act of 1933, as amended.

    

    Section
      10. Rights
      of the Grantee.
      The
      granting of the Restricted Stock shall in and of itself not confer any right
      of
      the Grantee to continue in the employ of the Company, any subsidiary or
      affiliate and shall not interfere in any way with the right of the Company,
      any
      subsidiary or affiliate to terminate the Grantee's employment at any time,
      subject to the terms of any employment agreement between the Company and the
      Grantee.

    

    Section
      11. Governing
      Law.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of Florida, except to the extent otherwise governed by Federal
      law.

    

    Section
      12 Right
      to Withhold Amounts Owed to the Company.
      The
      Company shall have the right to condition the vesting of any shares of
      Restricted Stock on the Grantee’s payment of all amounts then due and owing to
      the Company or any subsidiary or affiliate.

     

    IN
      WITNESS WHEREOF, the parties have subscribed their names hereto.

     

    
      
        
          
            
              
                
                  	 	
                           

                        	 “OSRS”
	 	
                        	
                        	
                        	
                        
	 Attest:	 OS
                          RESTAURANT SERVICES, INC.,	 
	 	 	 a Delaware
                          corporation	 
	 	
                           

                        	 	
                           

                        	 
	 By:	
                        	 By:	
                           

                        	 
	 	
                          JOSEPH
                            J. KADOW, Secretary

                        	
                        	PAUL
                          E. AVERY, Chief Operating Officer	
                        
	 	
                           

                        	 	 	 
	 	
                        	 “COMPANY”	
                        
	 	
                           

                        	 	 	 
	 Attest:	
                          OUTBACK
                            STEAKHOUSE, INC.,

                        	
                        
	 	 	 a Delaware
                          corporation	 
	 	 	 	 	 
	By: 	
                        	By: 	
                           

                        	 
	 	JOSEPH
                          J. KADOW, Secretary	 	PAUL
                          E. AVERY, Chief Operating Officer	
                        

                

                 

                 

              

            

          

        

      

    

    
      
        
           

        

        
        

      

      
        
          3

          Form
            - Officer Restricted Stock Agreement Inducement
            2005b

        

        
          

        

      

      
        
        

      

    

    

    DATE
      OF
      GRANT: _________

    

    

    ACCEPTANCE
      OF AGREEMENT

    

    The
      Grantee hereby:

    

    (a) Acknowledges
      that he/she has received a copy of the Company’s most recent Annual Report and
      other communications routinely distributed to the Company’s
      shareholders;

    

    (b) Accepts
      this Agreement and the Restricted Stock granted to him/her under this Agreement
      subject to all provisions of this Agreement;

    

    (c) Represents
      and warrants to the Company that he/she is acquiring the Restricted Stock for
      his/her own account, for investment, and not with a view to or any present
      intention of selling or distributing the Restricted Stock either now or at
      any
      specific or determinable future time or period or upon the occurrence or
      nonoccurrence of any predetermined or reasonably foreseeable event;
      and

    

    (d) Agrees
      that no transfer of the Restricted Stock will be made unless the Restricted
      Stock have been duly registered under all applicable Federal and state
      securities laws pursuant to a then effective registration which contemplates
      the
      proposed transfer or unless the Company has received the written opinion of,
      or
      satisfactory to, its legal counsel that the proposed transfer is exempt from
      such registration.

    

    Grantee’s
      Signature:

    

    __________________________________________

                    ______________

     

     

    
 

    4

    Form
      - Officer Restricted Stock Agreement Inducement
      2005bExhibit 10-10 First Lease Amendment

    Exhibit
      10.10

       

      FIRST
        AMENDMENT TO LEASE AGREEMENT

       

    

    THIS
      FIRST AMENDMENT TO LEASE AGREEMENT (“Amendment”)
      is made
      this 14th
      day of
      June, 1999, between CRESCENT
      RESOURCES, INC.
      (“Landlord”) and
      OUTBACK
      STEAKHOUSE, INC.,
      a
      Florida corporation, (“Tenant”).

     

     

    RECITALS

     

    WHEREAS,
      Landlord and Tenant entered into that certain Lease
      Agreement
      (the
“Lease”) dated as of September 10, 1998, whereby Landlord leased to Tenant, and
      Tenant leased from Landlord, that certain space more particularly described
      in
      the Lease as the “Premises”, within that certain building known as Corporate
      Center One at International Plaza Office Building located at 2202 North
      Westshore, Tampa, Florida; and 

     

    WHEREAS,
      Landlord and Tenant desire to amend the Lease to confirm and modify certain
      provisions of the Lease as set forth in this Amendment. 

     

    NOW,
      THEREFORE, in consideration of the sum of Ten
      Dollars ($10.00)
      and
      other good and valuable consideration, the receipt and sufficiency of which
      are
      hereby acknowledged, Landlord and Tenant hereby agree that notwithstanding
      anything in the Lease to the contrary, Landlord and Tenant hereby agree as
      follows: 

     

         
      1.  Recitals.
      The
      Recitals contained hereinabove are true and correct and constitute matters
      agreed to herein. All capitalized terms used herein shall have the same meanings
      as ascribed thereto in the Lease. 

     

    2.  Premises
      Net Rentable Area.
      The
      Premises Net Rentable Area as provided for in the Lease Summary is hereby
      deleted and substituted with the following: 

     

    “93,198
      square feet of which 68,342 square feet is located on the fifth (5th) floor
      of
      the Building and 24,856
      square
      feet is located on the fourth (4th) floor of the Building, all as shown on
      Exhibit “A” attached hereto. The Premises Net Rentable Area on the fourth (4th)
      floor of the Building is referred to in this Amendment as the “Expansion
      Premises”.”

     

    3. Building
      Net Rentable Area.
      The
      Building Net Rentable Area, as provided for in the Lease Summary, is hereby
      deleted and substituted with the following: 

     

    “383,694
      square feet.”

     

    4. Commencement
      Date.
      The
      Commencement Date provided for in the Lease Summary is hereby amended to be
      October 1, 1999 and the Commencement Date for the Expansion Premises shall
      be
      November 19, 1999.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    5.  Lease
      Term.
      Section
      3.
      Lease
      Term to
      the
      Lease is hereby amended by deleting the first, second and third paragraphs
      provided for in such Section and substituting the following: 

     

     

    “This
      Lease shall continue in force during a period beginning on the Commencement
      Date
      and continuing until the expiration of the Lease Term, unless this Lease is
      sooner terminated or extended to a later date under any other term or provision
      herein. The Lease Term for the Expansion Premises shall be coterminous with
      the
      Lease Term for the Premises. Landlord shall be obligated to obtain a certificate
      of substantial completion for the shell of the Building on or before the
      Commencement Date. Landlord and Tenant hereby acknowledge that Tenant is
      currently leasing space at 550
      Reo
      Street, Tampa, Florida (the” Reo Street Lease”) and that the term of the Reo
      Street Lease expires on December 31, 1999. Landlord hereby agrees to pay the
      monthly hold-over rental in the amount of $10,400.00, plus sales tax, due under
      the Reo Street Lease on September 1, 1999 (the “Hold Over Rent”) and on October
      1, 1999, November 1, 1999 and December 1, 1999, Landlord shall pay to Tenant
      the
      total monthly rental and pass throughs due under the Reo Street Lease in the
      amount of $37,408.52 (which includes base monthly rental of $24,066.00) the
      Hold
      Over Rent and monthly pass throughs of $2,942.52), plus any applicable
      sales tax. In addition to the above, commencing November 19, 1999,
      Landlord
      agrees to pay to Tenant the monthly rental, or prorated portion thereof, in
      the
      amount of $11,580.49 due by Tenant under its lease for space located at
      405 Reo
      Street, Tampa, Florida from November 19, 1999 through January 31,
      2000.”

     

        6. Base
      Rental for the Expansion Premises.
      The
      Base Rental for the Expansion Premises shall be equal to the Base Rental for
      the
      original Premises, except that the Base Rental applicable to 12,500 square
      feet
      of Premises Net Rentable Area of the Expansion Premises from the Commencement
      Date for the Expansion Premises (November 19, 1999) through the sixth (6th)
      full
      calendar month of the Lease Term shall be abated by Landlord. The Base Rental
      for the Expansion Premises that exceeds 12,500 square feet of Premises Net
      Rentable Area shall be equal to the annual rate of $22,00 per square feet of
      Premises Net Rentable Area commencing on the Commencement Date for the Expansion
      Premises (November 19, 1999) and shall thereafter adjust in accordance with
      the
      terms of the Lease for the original Premises. 

     

        7. Parking.
      Paragraph
      15, Parking
      to the
      Lease is hereby modified to provide that Tenant shall be entitled to twenty-two
      (22) covered, reserved parking spaces rather than fifteen (15) covered, reserved
      parking spaces. 

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

        8. Right
      of First Refusal.
      Tenant
      hereby acknowledges that the Landlord has designated the fourth (4th) floor
      of
      the Building as the Contiguous Multi-Tenant Floor that is referenced in
      Paragraph 1 to Exhibit F of the Lease. 

     

     

        9. Exhibit
      C. Construction of Improvements.
      Paragraphs 2 through 8 of Exhibit
      C
      to the
      Lease are hereby deleted and substituted with the following: 

     

    “2.
      Tenant has caused Heilmuth Obata & Kassabaum, Inc. (“HOK”) to prepare, and
      Landlord has approved, final approved design development drawings and
      construction drawings (excluding mechanical, electrical, and plumbing) for
      the
      Premises and the Expansion Premises being identified as Headquarters for Outback
      & Carrabba’s, Project No. 97-0638-32 issue date June 7, 1999 (all
      collectively the “Tenant Jmprovements Plans and Specifications”). Landlord shall
      be responsible for preparing the mechanical, electrical and plumbing drawings
      (the “MEP Drawings”). Landlord hereby agrees to use the Tenant Improvements
      Plans and Specifications to competitively bid the Tenant
      Improvements.”

     

        10. Interim
      Space Contribution.
      Pursuant to the provisions of Paragraph
      5. Interim
      Space Contribution.
      To
Exhibit
      F.
      Special
      Stipulations to the Lease upon the execution hereof Landlord has paid to Tenant
      the sum of to reimburse Tenant for relocation costs. Landlord shall have no
      further obligations to Tenant under this Paragraph 5.
      

     

        11. Exhibit
      F. Special Stipulations.
      Paragraph
      3. Expansion Option
      and
Paragraph
      5.
      Interim
      Space Contribution
      to
Exhibit
      F. Special Stipulations
      to the
      Lease are hereby deleted. 

     

        12. Moving
      Allowance.
      On or
      before thirty (30) days from the Commencement Date, Landlord hereby agrees
      to
      pay Tenant the sum of Twenty-Five Thousand and no/100 Dollars ($25,000.00)
      as a
      moving allowance. 

     

        13. Binding
      Effect.
      Except
      as herein specifically amended, all other terms and conditions of the Lease
      shall remain in full force and effect. 

     

        14. Execution
      of Amendment.
      This
      Ammendment may be executed in one (1) or more counterpart copies, each of which
      shall be deemed an original and all of which together shall constitute one
      (1)
      agreement. A facsimile copy of this Amendment and any signatures thereon shall
      be considered for all purposes as originals. 

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the parties have caused this Amendment to be executed as of
      the
      date first above described. 

     

    
       

      
        
          
            
              
                
                  
                    	Witnesses:	LANDLORD:
	 	
                          	
                          	
                          	
                          
	 	CRESCENT
                            RESOURCES, INC.	 
	 	 	
                          	 
	 	
                             

                          	 	
                             

                          	 
	 	 /s/
                            Barbara M. Deakin	By:	
                             /s/ Joseph
                              W. Taggart    

                          	 
	Print Name:	
                            Barbara
                              M. Deakin

                          	Name(print):	Joseph
                            W. Taggart	
                          
	 	
                             

                          	Title(print):	Vice President - Florida Region 	 
	 	 	 	 	 
	 	 /s/
                            Jalena A. Peevy	 	 	 
	Print Name:	 Jalena A. Peevy	 	 	 
	 	 	 	 
	 	
                          	TENANT:	
                          
	 	
                             

                          	 	 	 
	 	
                            OUTBACK
                              STEAKHOUSE, INC,

                          	
                          
	 	 	 	 
	 	 	 	 	 
	
                          	 /s/
                            Lisa Johnston	By: 	
                             /s/
                              Robert Merritt

                          	 
	Print Name:	Lisa
                            Johnston	Name(print):	Robert
                            Merritt	
                          
	 	 	Title(print):	Chief Financial Officer 	 
	 	 	 	 	 
	 	 /s/
                            Jim Garvey	 	 	 
	Print Name:	Jim Garvey 	 	 	 

                  

                   

                

              

            

          

        

      

    

     

    4

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