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Exhibit 10.8  

RESTRICTED STOCK AGREEMENT  

        THIS AGREEMENT (this "Agreement") is made and entered into as of this 23rd day of September, 2002, by and between
Acapulco Acquisition Corp., a Delaware corporation (the "Company") and Frederick Wolfe (the "Employee"). 

        WHEREAS,
the Company regards the Employee as a key employee and has determined that it would be in the best interests of the Company and its stockholders to issue a certain number of
shares of restricted Series C 15% Cumulative Compounding Participating Preferred Stock, par value $0.001 per share of the Company (the "Series C Preferred
Stock") to the Employee as an inducement for him to remain in the employ of the Company and as an incentive for his continuing effort during his employment with the Company;
and 

        WHEREAS,
the Restricted Shares (as defined below) shall, subject to the terms and conditions set forth herein, be non-transferable and subject to forfeiture and repurchase by
the Company in certain cases; 

        NOW
THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the Company and the Employee hereby agree as follows: 

        1.    Issuance and Sale of Restricted Shares.    Subject to the restrictions, terms and conditions of this Agreement,
the Company hereby issues to the Employee 325 shares of the Company's Series C Preferred Stock (the "Restricted Shares"). Subject to the
restrictions, terms and conditions of this Agreement, the Employee hereby purchases the Restricted Shares for a purchase price of $325,000 payable as follows: 

        (a)   $1.00
per share of Restricted Shares ($325.00) is being paid by the Employee to the Company as of the date hereof (the "Original
Consideration"); and 

        (b)   $999
per share of Restricted Shares ($324,675) (the "Additional Consideration") is payable by the Employee to the Company
upon the occurrence of a Liquidity Event (as defined below). 

        2.    Vesting of Restricted Shares.    

        (a)   The
Restricted Shares so issued to the Employee shall vest only upon the occurrence of the following events: (i) a sale of the Company to an unaffiliated third
person, whether by merger, consolidation, reorganization, sale of all or substantially all of the Company's assets, or sale of a majority of the outstanding shares of the Company's capital stock,
(ii) an Initial Public Offering (as defined below), and (iii) a voluntary redemption of the Series C Preferred Stock at the option of the Company in connection with a refinancing
or similar event (each of the events described in clause (i), (ii) and (iii) above, a "Liquidity Event"). 

        (b)   Until
vested in accordance with Section 2(a) hereof, the Restricted Shares shall be held by the Company on behalf of the Employee in a custodial capacity. The
Restricted Shares shall bear the legend(s) required by Paragraph 6 of this Agreement. Upon the occurrence of a Liquidity Event, the Restricted Shares shall immediately vest in full and, upon
receipt by the Company of the payment by the Employee of the Additional Consideration pursuant to Section 2(c) below, the Company shall promptly release the Restricted Shares to the Employee. 

        (c)   Upon
the occurrence of a Liquidity Event, the Employee shall pay to the Company an amount equal to the Additional Consideration by wire transfer in same day funds to an
account designated by the Company to the Employee. 

        For
purposes of this Section 2, an "Initial Public Offering" means a firm commitment underwritten public offering pursuant to an
effective registration statement under the Securities Act of 1933, as amended (the "Securities Act") (other than a Special Registration Statement or a
registration statement 

 

relating
to a Unit Offering (in each case as defined below)) in respect of the offer and sale of shares of Class A Common Stock, par value $.001 per share of the Company (the  "Common Stock") for the account
of the Company resulting in aggregate net proceeds to the Company and any stockholders selling shares of Common Stock in
such offering of not less than $20,000,000; "Special Registration Statement" means a registration statement on Form S-8 or
S-4 or any similar or successor form or any other registration statement relating to an exchange offer or an offering of securities solely to the Company's employees or security holders or
used in connection with the acquisition of the business of another person or entity; and "Unit Offering" shall mean a public offering of a combination
of debt and equity securities of the Company in which (i) not more than 10% of the gross proceeds received from the sale of such securities is attributed to such equity securities, and
(ii) after giving effect to such offering, the Company does not have a class of equity securities required to be registered under the Securities Exchange Act of 1934, as amended (the  "Exchange Act"). 

        3.    Representations and Warranties of the Employee.    The Employee hereby represents and warrants to, and convents
with, the Company as follows: 

        (a)   The
Employee has full legal right and capacity to enter into this Agreement and to perform his obligations hereunder without the need for the consent of any other person
or entity; this Agreement has been duly executed and delivered and constitutes the legal, valid and binding obligation of the Employee enforceable against the Employee in accordance with the terms
hereof; and the execution, delivery and performance of this Agreement by the Employee do not contravene or violate any laws, rules or regulations applicable to him. 

        (b)   The
Restricted Shares being acquired hereunder are being acquired by such Employee for investment and not with a view to any distribution thereof that would violate the
Securities Act or the applicable state securities laws of any state; and such Employee will not distribute the Restricted Shares in violation of the Securities Act or the applicable securities laws of
any state. 

        (c)   The
Employee understands that the Restricted Shares being acquired hereunder have not been registered under the Securities Act or the securities laws of any state and
must be held indefinitely unless transfer thereof is subsequently registered under the Securities Act and any applicable state securities laws or unless an exemption from such registration becomes or
is available. 

        (d)   The
Employee is financially able to hold the Restricted Shares being acquired hereunder for long-term investment, believes that the nature and amount of the
Restricted Shares being purchased are consistent with such Employee's overall investment program and financial position, and recognizes that there are substantial risks involved in the purchase of the
Restricted Shares. 

        (e)   The
Employee acquiring Restricted Shares hereunder confirms that (i) the Employee is familiar with the business of the Company, (ii) the Employee has had
the opportunity to ask questions of the officers
and directors of the Company and to obtain (and that the Employee has received to its satisfaction) such information about the business and financial condition of the Company as he has reasonably
requested, and (iii) the Employee has such knowledge and experience in financial and business matters such that such Employee is capable of evaluating the merits and risks of the prospective
investment in the Restricted Shares. 

        (f)    The
Employee's residence and social security number are as set forth below the Employee's signature to this Agreement. 

        (g)   In
formulating a decision to enter into this Agreement, such Employee has relied solely upon an independent investigation of the Company's business and upon
consultations with the Employee's legal and financial advisors with respect to this Agreement and the nature of the Employee's investment. 

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        (h)   Such
Employee represents and warrants to the Company that it qualifies as an "accredited Employee" within the meaning of Rule 501(a) of Regulation D
promulgated under the Securities Act. 

        4.    Securities Holders Agreement.    The Employee hereby acknowledges and agrees that the Restricted Shares shall be
treated as "Securities" under the Amended and Restated Securities Holders Agreement, dated as of June 28, 2000, among the Company, Bruckmann,
Rosser, Sherrill & Co., L.P., Furman Selz Investors II, L.P. and the other investors named therein, as amended from time to time in accordance with its terms (the  "Securities Holders Agreement"). 

        5.    Rights of Stockholder.    Subject to the applicable terms and provisions of the Delaware General Corporation Law
(or other applicable law), the Securities Holders Agreement and this Agreement, the Employee shall have all the rights of a stockholder with respect to the Restricted Shares, including, without
limitation (a) the right to vote the Restricted Shares and to receive all cash dividends or other cash distributions paid or made with respect thereto, and (b) the right to receive
(i) any stock and other securities of the Company (or any corporation which shall be combined with or into which the Company shall be merged) and (ii) any other assets which are
distributed with respect to, or in exchange for, the Restricted Shares; provided, however, that the Employee agrees that (x) the stock and other
securities and other assets as described above shall be subject to the same restrictions as herein provided with respect to the Restricted Shares and shall continue to be held by the Company, as
custodian, in accordance with and subject to the same terms and conditions herein provided with and respect to the Restricted Shares and (y) any cash dividends or any distributions paid or made
with respect to any unvested Restricted Shares shall be held in escrow by the Company, as escrowee for the benefit of the Employee, until such time as the Restricted Shares with respect to which any
such cash dividends or cash distributions were paid or made vest in accordance with Section 2 hereof. The Employee agrees and understands that nothing contained in this Agreement provides, or
is intended to
provide, the Employee with any protection against potential future dilution of his stockholder interest in the Company for any reason. 

        6.    Restricted Share Certificate.    Upon the issuance of the Restricted Shares pursuant to Section 1 hereof,
the Company shall prepare a share certificate or share certificates registered in the name of the Employee (but held by the Company as custodian until such Restricted Shares shall vest in accordance
with Section 2(a) hereof) bearing the following legend (and any other legends determined by the Company to be required by any applicable law): 

THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED WITHOUT REGISTRATION UNDER
THE SECURITIES ACT OR STATE SECURITIES LAWS OR AN OPINION OF COUNSEL, SATISFACTORY TO ACAPULCO ACQUISITION CORP., THAT SUCH REGISTRATION IS NOT REQUIRED. 

THE
SECURITIES REPRESENTED BY THIS CERTIFICATE ARE ALSO SUBJECT TO THE TERMS AND CONDITIONS OF AN AMENDED AND RESTATED SECURITIES HOLDERS AGREEMENT, BY AND AMONG ACAPULCO ACQUISITION CORP. AND THE
HOLDERS SPECIFIED THEREIN, A COPY OF WHICH AGREEMENT IS ON FILE AT THE PRINCIPAL OFFICE OF ACAPULCO ACQUISITION CORP. THE SALE, TRANSFER OR OTHER DISPOSITION OF THE SECURITIES IS SUBJECT TO THE TERMS
OF SUCH AGREEMENT AND THE SECURITIES ARE TRANSFERABLE ONLY UPON PROOF OF COMPLIANCE THEREWITH. 

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IN
ADDITION, THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO THE RESTRICTIONS, TERMS AND CONDITIONS OF A RESTRICTED STOCK AGREEMENT, DATED AS OF JUNE     , 2002, BY AND
BETWEEN MR. FREDERICK WOLFE AND THE COMPANY, AND THE COMPANY RESERVES THE RIGHT TO REFUSE TO RECORD THE TRANSFER OF THIS CERTIFICATE UNTIL ALL SUCH RESTRICTIONS ARE SATISFIED, ALL SUCH TERMS ARE
COMPLIED WITH AND ALL SUCH CONDITIONS ARE MET. 

        7.    Non-transferability.    Subject to the terms and provisions of this Agreement and the Securities
Holders Agreement, the vested Restricted Shares received under this Agreement may be sold by the Employee (unless such sale would violate any applicable securities laws). Unvested Restricted Shares
issued to the Employee pursuant to this Agreement may not be sold, pledged or otherwise transferred in any way (including, without limitation, in connection with the exercise of any
"tag-along" or similar rights of the Employee pursuant to the Stockholders Agreement of otherwise), and shall not be subject to execution, attachment, or similar process. Any attempt to
sell, transfer, pledge, or otherwise dispose of or hypothecate any of the Restricted Shares contrary to the
terms and provisions of this Agreement, or the levy of any execution, attachment or similar process upon the Restricted Shares, shall be null and void and without legal force or effect. 

        8.    The Company's Obligation to Repurchase Unvested Restricted Shares; Forfeiture of Unvested Restricted
Shares.    The Employee and the Company agree that, upon the termination of the Employee's employment with the Company for any reason at any time (including, without
limitation, upon the Employee's death, permanent disability or otherwise), the Company shall redeem by purchase, and the Employee shall be obligated to sell to the Company, all of the unvested
Restricted Shares then held by the Employee. The price to be paid to the Employee by the Company for each such unvested Restricted Shares shall be the Original Consideration per share. Such redemption
transaction shall close on a date to be determined by the Company and reasonably acceptable to the Employee, but in no event shall such closing occur more than 60 days after the effective date
of any termination of the Employee's employment. Regardless of whether the Company makes the payment described in this Section 8 to the Employee upon any such termination of the Employee's
employment, all Restricted Shares that are unvested as of the date of the Employee's termination for any reason shall be forfeited as of the date of any such termination (and shall be returned to the
Company's treasury for cancellation). In addition, all (x) stock and securities and other assets and (y) any cash dividends or distributions paid in respect of the unvested Restricted
Shares as of the date of the Employee's termination for any reason shall also be forfeited. 

        9.    No Corporate Restrictions; Restricted Stock Not to Affect Employment.    Nothing contained in this Agreement
shall be deemed to prevent the Company from taking any corporate action which it deems to be appropriate or in its best interests, whether or not such action would have an adverse effect on the value
of any of the Restricted Shares issued to the Employee (and the Employee and/or any other person or entity shall have no claim against the Company, its directors or its shareholders as a result of any
such actions). The Restricted Shares granted hereunder shall not confer upon the Employee any right to continue in the employment of the Company. 

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        10.    Notices.    All notices and requests hereunder shall be in writing and delivered personally, by facsimile
transmission, telex, telecopy or sent by overnight courier or via certified mail, return receipt requested, postage prepaid, properly addressed as follows: 

	 	 	To the Company, at:	Acapulco Acquisition Corp.

4001 Via Oro Avenue

Suite 200

Long Beach, CA 90810

Attention: Chairman of the Board

Facsimile No.: (310) 834-2762
	

 	
 	

To the Employee, at:	

Mr. Frederick Wolfe

Acapulco Acquisition Corp.

4001 Via Oro Avenue

Suite 200

Long Beach, CA 90810

Attention: Chairman of the Board

Facsimile No.: (310) 834-2762

or
such other address as may be stated in a notice given as hereinabove provided. 

        11.    Entire Agreement.    This Agreement contains the entire agreement between the parties with respect to the
subject matter contained herein, and supersedes all prior agreements or prior understanding, whether oral or written, between the parties relating to such subject matter. No modification or amendment
of this Agreement shall be effective unless in writing and signed by the party against which it is sough to be enforced. 

        12.    Withholding; Taxes.    As a condition precedent to the actual receipt of any certificates for any vested
Restricted Shares, the Employee shall, at the time the Restricted Shares vest, pay to the Company in cash an amount equal to the applicable withholding, excise, employment or other taxes determined by
the Company as being required to be withheld or collected under applicable federal, state or local laws; provided, however that in lieu of such cash
payment, the Company may redeem a number of such vested Restricted Shares having a fair market value (as determined in good faith by the board of directors of the Company) equal to such applicable
withholding, excise, employment or other taxes. Furthermore, the Company shall have the right to deduct and withhold any such applicable taxes from, or in respect of, any dividends or other
distributions paid on the Restricted Shares. All taxes, if any, on any payments to the Employee hereunder shall be the responsibility of and shall be paid by the Employee. 

        13.    Compliance with Laws.    The issuance of the Restricted Shares pursuant to this Agreement shall be subject to,
and shall comply with, any applicable requirements of federal and state securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act, the Exchange Act
and the respective rules and regulations promulgated thereunder) and any other law or regulation applicable thereto, and the Company shall not be obligated to issue or deliver any of the Restricted
Shares pursuant to this Agreement if such issuance or delivery would violate any such requirements. The foregoing shall not, however, be deemed to require the Company to effect any registration or the
Restricted Shares under any such law or rules or regulations. 

        14.    Binding Agreement.    This Agreement shall inure to the benefit of and be binding upon, and enforceable by
(a) the Company and its successors and assigns, and (b) the Employee and his heirs, estate, legal representatives or other beneficiaries; provided,
however, that the Employee shall not be entitled to assign or otherwise transfer any of its rights hereunder without the prior written consent of the Company. 

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        15.    Governing Law.    This Agreement shall be governed by and construed in accordance with the laws of the State of
Delaware, without reference to the principles of conflict of laws. 

        16.    References to the Employee.    For purposes of this Agreement, any reference to the Employee shall include, if
appropriate, his spouse, heirs, legatees, devisees, estate, legal representatives and/or other beneficiaries. 

        17.    Miscellaneous.    No benefit under this Agreement shall be taken into account in determining any benefits under
any retirement, profit-sharing, life insurance or other employee benefit plan maintained by the Company. 

[signature page follows]

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        IN
WITNESS WHEREOF, this Agreement has been executed by the undersigned as of the day and year above written. 

	 	 	ACAPULCO ACQUISITION CORP.
	

 	
 	

By:	

/s/ George P. Harbison
 Name: George P. Harbison

Title: CFO
	

 	
 	

 	

/s/ Frederick Wolfe
 Frederick Wolfe

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Exhibit 10.8 Restricted Stock Agreement, dated as of September 23, 2002QuickLinks
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Exhibit 10.9  

AMENDED AND RESTATED

   

ACAPULCO ACQUISITION CORP.

   

2000 STOCK-BASED INCENTIVE COMPENSATION PLAN  

Date
Adopted: September 23, 2002 

AMENDED AND RESTATED

   

ACAPULCO ACQUISITION CORP.

   

2000 STOCK-BASED INCENTIVE COMPENSATION PLAN  

        1.    Purpose of the Plan    

        The
purpose of the Plan is to assist the Company (as defined below) in rewarding, attracting and retaining valued employees, directors and independent contractors by offering them a
greater stake in the Company's success and a closer identity with it, and to encourage ownership of the Company's stock by such employees, directors and independent contractors. 

        The
Plan is in addition to the Acapulco Acquisition Corp. 1998 Stock-Based Incentive Compensation Plan. 

        2.    Definitions    

        2.1   "Award" means an award of Options under the Plan. 

        2.2   "Board" means the Board of Directors of the Company. 

        2.3   "Code" means the Internal Revenue Code of 1986, as amended. 

        2.4   "Committee" means the Compensation Committee of the Board as constituted by the Board. After the Company becomes Publicly
Traded, the Committee shall have at least two members and each member of the Committee shall be a non-employee director within the meaning of Rule 16b-3 under the
Exchange Act and, to the extent necessary to cause Awards under the Plan to qualify as "qualified performance-based compensation" within the meaning of Treas. Reg.
§1.162-27(e), an outside director within the meaning of Section 162(m) of the Code and the regulations thereunder. 

        2.5   "Common Stock" means the Class A Common Stock of the Company, par value $.001 per share, or such other class or
kind of shares or other securities resulting from the application of Section 7. 

        2.6   "Company" means Acapulco Acquisition Corp., a Delaware corporation, or any successor corporation. 

        2.7   "Director" means a member of the Board or a member of the board of directors of a majority-owned subsidiary of the
Company. 

        2.8   "Disability" shall, with respect to any Holder who is an Employee or a Director, have the meaning set forth in the
Holder's Option Agreement or, if not defined therein, shall mean the inability of such Holder to perform a major part of the duties performed by him or her as an employee or Director of the Company
immediately prior to inception of the disability, because of illness, accident or injury, for a period of 13 consecutive weeks or for a cumulative period of 20 weeks in any 12 month period. 

        2.9   "Employee" means an officer or other employee of the Company or a majority-owned subsidiary of the Company, including a
director who is such an employee. 

        2.10 "Exchange Act" means the Securities Exchange Act of 1934, as amended. 

        2.11 "Fair Market Value" means, on any given date, the fair market value per share of Common Stock, as determined by the
Committee in good faith, within the range of the fair market value per share of Common Stock as determined by the most recent annual appraisal of the fair market value of the Common Stock conducted by
an independent third party appraiser selected by the Board. In determining the Option Price for an Incentive Stock Option, the Fair Market Value per share of Common Stock shall be determined in
accordance with Section 422 of the Code and the regulations thereunder. Notwithstanding the foregoing, after the Company becomes Publicly 

 

Traded,
the Fair Market Value shall mean the last sales price regular way, or, in the case no such sale takes place on such day, the average of the closing bid and asked prices regular way, in either
case on the New York Stock Exchange or, if the shares of Common Stock are not listed or admitted to trading on such exchange, on the principal national or international securities exchange on which
the shares of Common Stock are listed or admitted to trading, or, if the shares of Common Stock are not listed or admitted to trading on any national or international securities exchange but are
designated as national market system securities by the National Association of Securities Dealers, Inc. ("NASD"), the last sale price, or, in case no such sale takes place on such day, the
average of the closing bid and asked prices, in either case as reported on the NASD Automated Quotation National Market System, or if the shares of Common Stock are not so designated as national
market system securities, the average of the highest reported bid and lowest reported asked prices as furnished by the NASD or similar organization if the NASD is no longer reporting such information. 

        2.12 "Holder" means an Employee, Director or Independent Contractor to whom an Award is made. 

        2.13 "Incentive Stock Option" means an Option intended to meet the requirements of an incentive stock option as defined in
Section 422 of the Code and designated as an Incentive Stock Option in the applicable Option Agreement. 

        2.14 "Independent Contractor" means an individual other than an Employee who performs services for or provides advice to the
Company or any majority-owned subsidiary of the Company, or a Director who performs services for the Company or any majority-owned subsidiary of the Company. 

        2.15 "Non-Qualified Stock Option" means an Option not intended to be an Incentive Stock Option and designated as
a Non-Qualified Stock Option in the applicable Option Agreement. 

        2.16 "Option" means any stock option granted from time to time under Section 6 of the Plan. 

        2.17 "Option Agreement" has the meaning set forth in Section 6.1 of the Plan. 

        2.18 "Option Price" means the per share price at which a share of Common Stock may be purchased upon exercise of an Option in
accordance with Section 6.2 of the Plan, as it may be adjusted pursuant to Section 7 of the Plan. 

        2.19 "Option Share" mean any share of Common Stock purchased upon the exercise of an Option. 

        2.20 "Plan" means the Acapulco Acquisition Corp. 2000 Stock-Based Incentive Compensation Plan herein set forth, as amended
from time to time. 

        2.21 "Publicly Traded" means the Company is required to register shares of any class of common equity under Section 12
of the Exchange Act. 

        2.22 "Retirement" means retirement from the active employment of the Company pursuant to the normal retirement policies of
the Company. 

        2.23 "Ten Percent Shareholder" means a person who on any given date owns, either directly or indirectly (taking into account
the attribution rules contained in Section 424(d) of the Code), stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any subsidiary of
which the Company has a 50% or greater, direct or indirect, ownership. 

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        3.    Eligibility    

        Any
Employee, Director or Independent Contractor is eligible to receive an Award; provided, however, only an Employee is eligible to receive an Incentive Stock Option. 

        4.    Administration and Implementation of Plan    

        4.1   The
Plan shall be administered by the Committee, which shall have full power to interpret and administer the Plan and full authority to act in selecting the Employees,
Directors and Independent Contractors to whom Awards will be granted, to make such grants, and to determine the type and amount of Awards to be granted to each such Employee, Director or Independent
Contractor, the time of such Awards, the terms and conditions of such Awards and the terms of the Option Agreements which will be entered into with Holders (which shall not be inconsistent with the
terms of this Plan). The Committee shall have full and final authority in its sole discretion to interpret the provisions of the Plan and to decide all questions of fact arising in its application and
to make all other determinations necessary or advisable for the administration of the Plan. 

        4.2   The
Committee's powers shall include, but not be limited to, the power to determine whether, to what extent and under what circumstances an Option may be exchanged for
cash; to what extent and under what circumstances an Award is made; and to determine the effect, if any, of a change in control of the Company upon outstanding Awards (subject to any applicable
provisions of Section 6.10); and to grant Awards (other than Incentive Stock Options) that are transferable by the Holder. 

        4.3   The
Committee shall have the power to adopt regulations for carrying out the Plan and to make changes in such regulations as it shall, from time to time, deem advisable.
The Committee shall have the power unilaterally and without approval of a Holder to amend an existing Award in order to carry out the purposes of the Plan so long as such an amendment does not take
away any benefit granted to a Holder by the Award and as long as the amended Award comports with the terms of the Plan. Any interpretation by the Committee of the terms and provisions of the Plan and
the administration thereof, and all action taken by the Committee, shall be final and binding on Holders. 

        5.    Shares of Stock Subject to the Plan    

        5.1   Subject
to adjustment as provided in Section 7, the total number of shares of Common Stock available for Awards under the Plan shall be 52,000 shares. After the
Company becomes Publicly Traded, no individual may receive Awards with respect to more than 52,000 shares of Common Stock in any year under the Plan. 

        5.2   Any
shares issued by the Company through the assumption or substitution of outstanding grants from an acquired company shall not reduce the shares available for Awards
under the Plan. Any shares issued hereunder may consist, in whole or in part, of authorized and unissued shares or treasury shares. If any shares subject to any Award granted hereunder are forfeited
or such Award otherwise terminates without the issuance of such shares or the payment of other consideration in lieu of such shares, the shares subject to such Award, to the extent of any such
forfeiture or termination, shall again be available for Awards under the Plan. 

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        6.    Options    

        Options
give an Employee, a Director or an Independent Contractor the right to purchase a specified number of shares of Common Stock from the Company for a specified time period at a
specified price. The grant of Options shall be subject to the following terms and conditions: 

        6.1    Option Grants:    Options shall be granted to an Employee, Director or Independent Contractor at the time and
in the amount determined by the Committee. Options shall be evidenced by written Option Agreements ("Option Agreements"). Such agreements shall conform to the requirements of the Plan, and may contain
such other provisions as the Committee shall deem advisable. 

        6.2    Option Price:    The price per share at which Common Stock may be purchased upon exercise of an Option shall be
determined by the Committee. In the case of any Incentive Stock Option, the Option Price shall not be less than 100% of the Fair Market Value of a share of Common Stock on the date of grant (110% in
the case of an Incentive Stock Option granted to a Ten Percent Shareholder). 

        6.3    Term of Options:    The Option Agreements shall specify when an Option may be exercisable and the terms and
conditions applicable thereto. The term of an Option shall in no event be greater than ten years (five years in the case of an Incentive Stock Option granted to a Ten Percent Shareholder). 

        6.3.1    Vesting.    At the discretion of the Committee, Options granted under the Plan may be subject to a vesting
schedule set forth in the Option Agreement, under which such Options cannot be exercised until they are vested. The restrictions or conditions with respect to the time and method of vesting of Options
and which Awards shall be subject to vesting shall be as prescribed by the Committee. 

        6.4    Incentive Stock Options:    Each provision of the Plan and each Option Agreement relating to an Incentive Stock
Option shall be construed so that each Incentive Stock Option shall be an incentive stock option as defined in Section 422 of the Code, and any provisions of the Option Agreement thereof that
cannot be so construed shall be disregarded. In no event may a Holder be granted an Incentive Stock Option which does not comply with such grant and the limitations under Section 422(d) of the
Code. Without limiting the foregoing, the aggregate fair market value (determined as of the time the Option is granted) of the Common Stock with respect to which an Incentive Stock Option may first
become exercisable by an Optionee in any one calendar year under the Plan shall not exceed $100,000. 

        6.5    Restrictions on Transferability:    Except as expressly provided otherwise in an Option Agreement for any
Option granted under this Plan, no Holder shall sell, assign, transfer, give, donate, pledge, hypothecate or dispose of all or any part of an Option or Option Shares, or any right or interest therein;
provided, however, that, except as provided in the following sentence, (a) a Holder may sell Options or Option Shares pursuant to an Approved Sale in accordance with Section 6.10, if
applicable, (b) a Holder may sell Option Shares to the Company or its designee on terms set forth in the Option Agreement, if applicable, (c) upon the death of the Holder, a Holder may
transfer Options or Option Shares by will or laws of descent and distribution, provided that the transferee thereof agrees in writing to accept the
terms and conditions affecting such Options and/or Option Shares immediately prior to the death of the Holder, and (d) a Holder may sell or otherwise transfer Options or Option Shares in any
other manner expressly provided for in the Holder's Option Agreement (and subject to the terms thereof) or as determined by the Committee. Notwithstanding the foregoing, no Incentive Stock Option
shall be transferable otherwise than by will or the laws of descent and distribution and, during the lifetime of the Holder, shall be exercisable only by the Holder. Any transferee of an Option or
Option Shares 

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shall,
in all cases, be subject to the provisions of the Option Agreement between the Company and the Holder, as well as the provisions of this Plan. Upon the death of a Holder, the person to whom the
rights have passed by will or by the laws of descent and distribution may exercise an Incentive Stock Option only in accordance with this Section 6. In the event any Option Shares become
subject to any involuntary sale or transfer process or proceedings, the Holder shall give prompt written notice thereof to the Company. 

        6.6    Payment of Option Price and Taxes:    (a) The Option Price, or, where applicable, a portion thereof,
shall be paid in full in cash or by certified or bank cashier's check payable to the Company, or, subject to the approval of the Committee and where provided in the applicable Option Agreement:
(i) by surrendering shares of the Company's Common Stock that have been owned by the Holder for at least six months and that have an aggregate Fair Market Value equal to the aggregate Option
Price, (ii) delivery of an irrevocable undertaking by a broker to deliver promptly to the Company sufficient funds to pay the aggregate Option Price or delivery of irrevocable instructions to a
broker to deliver promptly to the Company sufficient funds to pay the aggregate Option Price, (iii) payment of such other lawful consideration as the Committee may determine, or (iv) any
combination of the foregoing. 

        (b)   Any
taxes required to be withheld by the Company upon exercise of an Option shall be paid in full in cash or by certified or bank cashier's check payable to the Company,
or, subject to the approval of the Committee (and subject to such rules as the Committee may adopt, including as to the amount to be withheld) and where provided in the applicable Option Agreement, by
having the Company retain the number of Option Shares whose aggregate Fair Market Value equals the amount to be withheld in satisfaction of the applicable withholding taxes. 

        6.7    Termination by Death:    If a Holder dies, any Option granted to such Holder may thereafter be exercised (to
the extent such Option was exercisable at the time of death or on such accelerated basis as the Committee may determine at or after grant) by, where appropriate, the Holder's transferee or by the
Holder's legal representative for (a) a period of two months from the date of death, (b) until the
expiration of the stated term of the Option, or (c) in the event of death following termination, until the expiration of the period provided for under Section 6.8, whichever period is
shortest. 

        6.8    Termination by Reason of Retirement or Disability:    If a Holder's employment by the Company terminates by
reason of Disability or Retirement, any unexercised Option granted to the Holder may thereafter be exercised by the Holder (or, where appropriate, the Holder's transferee or legal representative), to
the extent it was exercisable at the time of termination or on such accelerated basis as the Committee may determine at or after grant, for a period of two months from the date of such termination or
until the expiration of the stated term of the Option, whichever period is shorter. This Section 6.8 shall not apply to any Option held by an Independent Contractor. 

        6.9    Other Termination; Unexercisable Options:    Unless provided otherwise in the applicable Option Agreement or
determined otherwise by the Committee, if a Holder's employment by the Company terminates for any reason other than death, Disability or Retirement (including if a Holder is terminated with cause),
all unexercised Options, to the extent they were exercisable at the time of termination, shall immediately terminate on the date of the Holders' termination. Unless provided otherwise in the
applicable Option Agreement or determined otherwise by the Committee, all unexercised Options that are unexercisable at the time of the Holder's termination shall immediately terminate on the date of
the Holder's termination. This Section 6.9 shall not apply to any Option held by an Independent Contractor. 

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        6.10    Approved Sale of the Company:    

        Except
as expressly provided otherwise in an Option Agreement for any Option granted under this Plan, the following provisions dealing with the applicable Holder's obligations with
respect to both Options and Option Shares shall apply when there is an Approved Sale, as defined below: 

If
the Board and the holders of at least a majority of the Company's Class A Common Stock and Class B Common Stock then outstanding approve the sale of the Company or Acapulco
Restaurants, Inc., a wholly-owned subsidiary of the Company, to an unaffiliated third person (whether by merger, consolidation, reorganization, sale of all or substantially all of the assets or
a majority of the outstanding shares of capital stock (an "Approved Sale")), each Holder and its transferees (including Permitted Transferees (as defined in the Amended and Restated Securities Holders
Agreement, dated as of June 28, 2000, among the Company, Bruckmann, Rosser, Sherrill & Co., L.P., Furman Selz Investors II, L.P. and other investors named therein, as amended from time
to time in accordance with its terms), but excluding transferees who receive shares of Class A Common Stock or Class B Common Stock unrestricted as to transfer under the Securities Act
of 1933) ("Transferees") will consent to, vote for and raise no objections against, and waive dissenters or appraisal rights (if any) with respect to, the Approved Sale and will sell all of the
securities of the Company held by such Holder, including Option
Shares, in such Approved Sale upon the terms and conditions approved by the Board and the holders of a majority of the Company's Class A Common Stock and Class B Common Stock then
outstanding, provided that all Holders receive the same form and amounts of consideration per share of the applicable securities. Each Holder will take all necessary and desirable actions in
connection with the consummation of an Approved Sale, including, without limitation, executing the applicable purchase agreements and joining in any indemnification obligations (whether directly to
the buyer in such Approved Sale or pursuant to a contribution arrangement) on a pro rata basis in accordance with the consideration received in such Approved Sale. The obligations of a Holder with
respect to an Approved Sale are subject to the satisfaction of the conditions that: (i) upon the consummation of the Approved Sale, either all of the holders and the transferees of such holders
of a given class of equity security will receive the same form and amount of consideration per share of the applicable securities, or if any such holder or transferee is given an option as to the form
and amount of consideration to be received, each Holder will be given the same option, and the amount of consideration per share of Preferred Stock shall not exceed its Liquidation Preference (as
such, term is defined in the Company's Certificate of Incorporation), and (ii) the terms of the Approved Sale shall not include any provisions subjecting a Holder or its Transferees to any
indemnification obligation or other liability beyond the value of the consideration received in the Approved Sale by such Holder or Transferees. Each Holder hereby agrees to vote his or her shares of
capital stock of the Company that are entitled to vote to effectuate the provisions and intentions of this Section 6.10. 

        6.11    Repurchase Rights of Company:    The Committee shall have the authority to include provisions in any Option
Agreement permitting the Company to repurchase Option Shares from any person holding such shares upon or as a result of the termination of the Holder's employment with the Company on such terms as the
Committee shall deem appropriate. 

        7.    Adjustments upon Changes in Capitalization    

        Subject
to Section 6.10, if applicable, in the event of a reorganization, recapitalization, stock split, spin-off, split-off, split-up, stock
dividend, issuance of stock rights, combination of shares, merger, consolidation or any other change in the corporate structure of the Company affecting Common Stock, or any distribution to
shareholders other than a cash dividend, the Committee shall make appropriate adjustment in the number and kind of shares available for Awards under the Plan and any adjustments 

6

 

to
an outstanding Award, including without limitation the number of shares subject to and the Option Price for the Award, as it determines appropriate. 

        8.    Effective Date, Termination and Amendment    

        The
Plan shall become effective on the date specified by the Board upon its adoption of the Plan, subject to the Company's shareholders approving the Plan within 12 months of the
Board's adoption of the Plan in accordance with Section 422 of the Code. The Plan shall remain in full force and effect until ten years after the effective date, or the date it is terminated by
the Board. The Board shall have the power to amend, suspend or terminate the Plan at any time, subject to applicable law and regulation. 

        Termination
of the Plan pursuant to this Section 8 shall not affect Awards outstanding under the Plan at the time of termination. 

        9.    General Provisions    

        9.1   Nothing
contained in the Plan, or any Award granted pursuant to the Plan, shall confer upon any Employee any right with respect to continuance of employment by the
Company, nor interfere in any way with the right of the Company to terminate the employment of any Employee at any time. 

        9.2   Holders
shall be responsible to make appropriate provision for all taxes required to be withheld in connection with any Award, the exercise thereof and the transfer of
shares of Common Stock pursuant to this Plan. Such responsibility shall extend to all applicable federal, state, local or foreign withholding taxes. The Committee shall have the authority to cause the
Company to make whole a Holder for all or any portion of the federal, state, local or foreign taxes required to be paid in connection with the exercise of an Option; provided, however, that any such
reimbursement obligation shall be expressly stated in the Option Agreement. 

        9.3   To
the extent that federal laws do not otherwise control, the Plan and all determinations made and actions taken pursuant hereto shall be governed by the substantive
laws of the State of Delaware (or such other state law as may correspond to the Company's state of incorporation) and construed accordingly. 

        9.4   An
Option may be exercised only for a whole number of Option Shares unless the Option is exercised in its entirety and such entirety includes a fractional Option Share.
Any right to a fractional Option Share shall be satisfied in cash or in a fractional Option Share, at the discretion of the Committee. Upon receipt of payment of the Option Price and any withholding
taxes payable to the Company pursuant to Section 6.6(b), the Company shall deliver a certificate for the number of Option Shares and, if any rights to fractional Option Shares are to be
satisfied by the Company in cash, a check for the Fair Market Value on the date of exercise of the fractional Option Share to which the Holder exercising the Option is entitled. The Option Shares
shall be subject to restrictions on transfer pursuant to applicable securities laws and shall bear a legend subjecting the Option Shares to those restrictions on transfer in accordance with the Option
Agreements. The certificates shall also bear a legend referring to any restrictions on transfer arising hereunder or under the applicable Option Agreement or any other applicable law, regulation or
agreement. 

        9.5   The
Plan and each Award under the Plan shall be subject to the requirement that if at any time the Committee shall determine that (i) the listing, registration or
qualification of the Option Shares upon any securities exchange or under any state or federal law, (ii) the consent or approval of any government regulatory body, or (iii) an agreement
by the recipient of an Award with respect to the disposition of the Option Shares is necessary or desirable as a condition of, or in connection with, the Plan or the granting of such Award or the
issue or purchase of the Option Shares thereunder, the Award may not be consummated in whole or in part until such listing, registration, qualification, consent, approval or agreement shall have been
effected or obtained free of any conditions not acceptable to the Committee. 

        9.6   The
Holder shall have no rights as a shareholder with respect to an Award unless and until legended certificates for the Option Shares are issued. 

        9.7   The
Committee may amend any outstanding Awards to the extent it deems appropriate. Such amendment may be made by the Committee without the consent of the Holder, except
in the case of amendments adverse to the Holder, in which case the Holder's consent is required to any such amendment. 

        9.8   This
Plan shall be unfunded. The Company shall not be required to establish any special or separate fund or to make any other segregation of assets to assure the payment
of any Award under this Plan. 

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QuickLinks

Exhibit 10.9 Amended and Restated Real Mex Restaurants, Inc. 2000 Stock Based Incentive Compensation Plan

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