Document:

Form of Indemnification Agreement

 Exhibit 10.28 
  
 GORDON BIERSCH BREWERY RESTAURANT GROUP, INC. 
  
 INDEMNIFICATION AGREEMENT 
  
 This Indemnification Agreement (“Agreement”) is entered into as of the
         day of                     , 200     by and between Gordon
Biersch Brewery Restaurant Group, Inc., a Tennessee corporation (the “Company”), and
                                        
                                        
(“Indemnitee”). 
  
 RECITALS 
  
 A. The Company and Indemnitee recognize the continued difficulty in obtaining
liability insurance for its directors, officers, employees, agents and fiduciaries, the significant increases in the cost of such insurance and the general reductions in the coverage of such insurance. 
  
 B. The Company and Indemnitee further recognize the substantial increase in
corporate litigation in general, subjecting directors, officers, employees, agents and fiduciaries to expensive litigation risks at the same time as the availability and coverage of liability insurance has been severely limited. 
  
 C. Indemnitee does not regard the current protection available as adequate
under the present circumstances, and Indemnitee and other directors, officers, employees, agents and fiduciaries of the Company may not be willing to serve or continue to serve in such capacities without additional protection. 
  
 D. The Company desires to attract and retain the services of highly qualified
individuals, such as Indemnitee, to serve the Company and, in part, in order to induce Indemnitee to continue to provide services to the Company, wishes to provide for the indemnification and advancing of expenses to Indemnitees to the maximum
extent permitted by law. 
  
 E. In view of the considerations set
forth above, the Company desires that Indemnitee be indemnified by the Company as set forth herein. 
  
 NOW, THEREFORE, the Company and Indemnitee hereby agree as follows: 
  
 1. Indemnification. 
  
 (a) General Right to Indemnification. The Company shall indemnify Indemnitee to the fullest extent permitted by law if Indemnitee
was or is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, any threatened, pending or completed action, suit, proceeding or alternative dispute resolution mechanism,
or any hearing, inquiry or investigation that Indemnitee in good faith believes might lead to the institution of any such action, suit, proceeding or alternative dispute resolution mechanism, whether civil, criminal, administrative, investigative or
other (hereinafter a “Claim”), by reason of (or arising in whole or in part out of) any event or occurrence related to the fact that Indemnitee is or was a director, officer, employee, agent or fiduciary of the Company, or any
subsidiary of the 

 
Company, or is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary of another corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise, or by reason of any action or inaction on the part of Indemnitee while serving in such capacity (hereinafter an “Indemnifiable Event”), and the Indemnitee shall be
indemnified and held harmless by the Company to the fullest extent permitted by law against any reasonable costs, charges, expenses, liabilities, losses (including attorneys’ fees and expenses and all other costs, expenses and obligations
(including any travel related expenses) incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to defend, be a witness in or participate in, any such action, suit, proceeding,
alternative dispute resolution mechanism, hearing, inquiry or investigation), judgments, fines, penalties and amounts paid in settlement (if such settlement is approved in advance by the Company, which approval shall not be unreasonably withheld) of
such Claim and any federal, state, local or foreign taxes imposed on Indemnitees as a result of the actual or deemed receipt of any payments under this Agreement (collectively, hereinafter “Expenses”), including all interest,
assessments and other charges paid or payable in connection with or in respect of such Expenses. Such indemnification shall continue as to the Indemnitee when the Indemnitee ceases to be a director, officer, employee, agent or fiduciary of the
Company or any subsidiary of the Company (or to serve another entity at the request of the Company) and shall inure to the benefit of the Indemnitee’s heirs, personal representatives and estate. Such payment of Expenses shall be made by the
Company as soon as practicable but in any event no later than twenty days after written demand by Indemnitee therefor is presented to the Company. 
  
 (b) Reviewing Party. Notwithstanding the foregoing, (i) the obligations of the Company under Section 1(a) shall be
subject to the condition that the Reviewing Party (as defined in Section 9(e) hereof) shall not have determined (in a written opinion, in any case in which the Independent Legal Counsel referred to in Section 1(c) hereof is involved) that
Indemnitee would not be permitted to be indemnified under Applicable Law (as defined in Section 9(g) hereof), and (ii) the obligation of the Company to make an advance payment of Expenses to Indemnitee pursuant to Section 2(a) (an
“Expense Advance”) shall be subject to the condition that, if, when and to the extent that the Reviewing Party determines that Indemnitee would not be permitted to be so indemnified under Applicable Law, the Company shall be
entitled to be reimbursed by Indemnitee (who hereby agrees to reimburse the Company) for all such amounts theretofore paid; provided, however, that if Indemnitee has commenced or thereafter commences legal proceedings in a court of competent
jurisdiction to secure a determination that Indemnitee should be indemnified under Applicable Law, any determination made by the Reviewing Party that Indemnitee would not be permitted to be indemnified under Applicable Law shall not be binding and
Indemnitee shall not be required to reimburse the Company for any Expense Advance until a final judicial determination is made with respect thereto (as to which all rights of appeal therefrom have been exhausted or lapsed). The Indemnitee’s
obligation to reimburse the Company for any Expense Advance shall be unsecured and no interest shall be charged thereon. If there has not been a Change in Control (as defined in Section 9(c) hereof), the Reviewing Party shall be selected by the
Board of Directors, and if there has been such a Change in Control (other than a Change in Control which has been approved by a majority of the persons surviving as members of the Company’s Board of Directors who comprised the Company’s
Board of Directors immediately prior to such Change in Control), the Reviewing Party 

  

 -2- 

 
shall be the Independent Legal Counsel as selected in accordance with Section 1(c) hereof. If there has been no determination by the Reviewing Party or
if the Reviewing Party determines that Indemnitee substantively would not be permitted to be indemnified in whole or in part under Applicable Law, Indemnitee shall have the right to commence litigation seeking an initial determination by the court
or challenging any such determination by the Reviewing Party or any aspect thereof, including the legal or factual bases therefor, and the Company hereby consents to service of process and to appear in any such proceeding. Any determination by the
Reviewing Party otherwise shall be conclusive and binding on the Company and Indemnitee. 
  
 (c) Change in Control. The Company agrees that if there is a Change in Control of the Company (other than a Change in Control which
has been approved by a majority of the persons surviving as members of the Company’s Board of Directors who were directors immediately prior to such Change in Control) then, with respect to all matters thereafter arising concerning the right of
Indemnitee to payments of Expenses and Expense Advances under this Agreement or any other agreement or under the Company’s Charter or Bylaws as now or hereafter in effect, Independent Legal Counsel (as defined in Section 9(d) hereof) shall
be selected by the Indemnitee and approved by the Company (which approval shall not be unreasonably withheld or delayed). Such counsel, among other things, shall render its written opinion to the Company and Indemnitee as to whether and to what
extent Indemnitee would be permitted to be indemnified under Applicable Law, and the Company agrees to abide by such opinion. The Company agrees to pay the reasonable fees and expenses of the Independent Legal Counsel referred to above and to fully
indemnify such counsel against any and all expenses (including attorneys’ fees and expenses), claims, liabilities and damages arising out of or relating to this Agreement or its engagement pursuant hereto. 
  
 (d) Mandatory Payment of Expenses. Notwithstanding
any other provision of this Agreement other than Section 8 hereof, to the extent that Indemnitee has been successful on the merits or otherwise, including, without limitation, the dismissal of an action without prejudice, in defense of any
action, suit, proceeding, inquiry, alternative dispute resolution mechanism or investigation referred to in Section (1)(a) hereof or in the defense of any Claim, issue or matter covered by this Agreement, or in defense of any Claim, issue or
matter therein, Indemnitee shall be indemnified against all Expenses incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. 
  
 2. Expenses; Indemnification Procedure. 
  
 (a) Advancement of Expenses. The Company shall advance all Expenses incurred by Indemnitee. The advances to be made hereunder shall
be paid by the Company to Indemnitee as soon as practicable but in any event no later than twenty days after written demand by Indemnitee therefor to the Company. 
  
 (b) Notice/Cooperation by Indemnitee. Indemnitee shall, as a condition precedent to Indemnitee’s
right to be indemnified under this Agreement, give the Company notice in writing as soon as practicable of any Claim made against Indemnitee for which indemnification will or could be sought under this Agreement, provided however, that failure to
provide such notice in accordance with this Section 2(b) shall not affect Indemnitee’s rights to receive any Expenses or Expense 

  

 -3- 

 
Advances hereunder unless and except to the extent that the Company did not otherwise receive notice of such Claim and such failure of Indemnitee to provide
such notice results in the forfeiture by the Company of substantial rights and defenses. Notice to the Company shall be directed to the Chief Executive Officer of the Company at the address shown on the signature page of this Agreement (or such
other address as the Company shall designate in writing to Indemnitee). In addition, Indemnitee shall give the Company such information (in the possession of, or reasonably obtainable without material expense by, Indemnitee) and cooperation as it
may reasonably require and as shall be within Indemnitee’s reasonable power and control. 
  
 (c) No Presumptions; Burden of Proof. For purposes of this Agreement, the termination of any Claim by judgment, order, settlement
(whether with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, shall not create a presumption that Indemnitee did not meet any particular standard of conduct or have any particular belief or that
a court has determined that indemnification is not permitted by Applicable Law. In addition, neither the failure of the Reviewing Party to have made a determination as to whether Indemnitee has met any particular standard of conduct or had any
particular belief, nor an actual determination by the Reviewing Party that Indemnitee has not met such standard of conduct or did not have such belief, prior to the commencement of legal proceedings by Indemnitee to secure a judicial determination
that Indemnitee should be indemnified under Applicable Law, shall be a defense to Indemnitee’s claim or create a presumption that Indemnitee has not met any particular standard of conduct or did not have any particular belief. In connection
with any determination by the Reviewing Party or otherwise as to whether Indemnitee is entitled to be indemnified hereunder, the burden of proof shall be on the Company to establish that Indemnitee is not so entitled. 
  
 (d) Notice to Insurers. If, at the time of the
receipt by the Company of a notice of a Claim pursuant to Section 2(b) hereof, the Company has liability insurance in effect which may cover such Claim, the Company shall give prompt notice of the commencement of such Claim to the insurers in
accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such action, suit,
proceeding, inquiry or investigation in accordance with the terms of such policies; provided, however, that nothing contained in this Section 2(d) shall excuse the Company from its obligations to pay Expenses or Expense Advances
to Indemnitee as provided herein. 
  
 (e)
Selection of Counsel. In the event the Company shall be obligated hereunder to pay the Expenses of any Claim, the Company shall be entitled to assume the defense of such Claim with counsel approved by Indemnitee, which approval shall not be
unreasonably withheld, upon the delivery to Indemnitee of written notice of its election so to do. After delivery of such notice, approval of such counsel by Indemnitee and the retention of such counsel by the Company, the Company will not be liable
to Indemnitee under this Agreement for any fees of counsel subsequently incurred by Indemnitee with respect to the same Claim; provided that, (i) Indemnitee shall have the right to employ Indemnitee’s counsel in any such Claim at
Indemnitee’s expense and (ii) if (A) the employment of counsel by Indemnitee has been previously authorized by the Company, (B) Indemnitee shall have reasonably concluded that there may be a conflict of interest between the
Company and Indemnitee in the conduct of any such defense, or (C) the Company shall not continue 

  

 -4- 

 
to retain such counsel to defend such Claim, then the fees and expenses of Indemnitee’s counsel shall be at the expense of the Company. The Company
shall have the right to conduct such defense as it sees fit in its sole discretion, including the right to settle any claim against Indemnitee without the consent of the Indemnitee; provided, however, that the Company shall not settle
any Claim requiring the admission of guilt or responsibility by Indemnitee without Indemnitee’s prior written consent, such consent to not be unreasonably withheld. 
  
 3. Additional Indemnification Rights; Nonexclusivity. 
  
 (a) Scope. The Company hereby agrees to indemnify Indemnitee to the fullest extent permitted by law,
notwithstanding that such indemnification is not specifically authorized by the other provisions of this Agreement, the Company’s Charter, the Company’s Bylaws or by statute. In the event of any change after the date of this Agreement in
any Applicable Law, statute or rule which expands the right of a Tennessee corporation to indemnify a member of its Board of Directors or an officer, employee, agent or fiduciary, it is the intent of the parties hereto that Indemnitee shall enjoy by
this Agreement the greater benefits afforded by such change. In the event of any change in any Applicable Law, statute or rule which narrows the right of a Tennessee corporation to indemnify a member of its Board of Directors or an officer,
employee, agent or fiduciary, such change, to the extent not otherwise required by such law, statute or rule to be applied to this Agreement, shall have no effect on this Agreement or the parties’ rights and obligations hereunder except as set
forth in Section 8(a) hereof. 
  
 (b)
Nonexclusivity. The indemnification and advances provided by this Agreement shall be in addition to any rights to which Indemnitee may be entitled under the Company’s Charter, its Bylaws, any agreement, any vote of stockholders or
disinterested directors, the Tennessee Business Corporation Act, or otherwise. The indemnification provided under this Agreement shall continue as to Indemnitee for any action Indemnitee took or did not take while serving in an indemnified capacity
even though Indemnitee may have ceased to serve in such capacity. 
  
 4. No Duplication of Payments. The Company shall not be liable under this Agreement to make any payment in connection with any Claim made against Indemnitee to the extent Indemnitee has otherwise actually received payment (under any
insurance policy, Charter, Bylaw or otherwise) of the amounts otherwise indemnifiable hereunder. 
  
 5. Partial Indemnification. If Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion
of Expenses incurred in connection with any Claim, but not, however, for all of the total amount thereof, the Company shall nevertheless indemnify Indemnitee for the portion of such Expenses to which Indemnitee is entitled. 
  
 6. Mutual Acknowledgment. Both the Company and Indemnitee acknowledge
that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors, officers, employees, agents or fiduciaries under this Agreement or otherwise. Indemnitee understands and acknowledges that
if the Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the “Exchange 

  

 -5- 

 
Act”), the Company may be required to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court
in certain circumstances for a determination of the Company’s right under public policy to indemnify Indemnitee. 
  
 7. Liability Insurance. The Company shall exercise its best efforts to obtain and maintain a policy or policies of insurance with reputable
insurance companies providing the officers and directors of the Company with coverage for losses from wrongful acts, with annual limits of coverage of not less than $20 million per occurrence and $20 million in the aggregate, or to ensure the
Company’s performance of its indemnification obligations under this Agreement. In all policies of directors’ and officers’ liability insurance, Indemnitee shall be named as an insured in such a manner as to provide Indemnitee the same
rights and benefits as are accorded to the most favorably insured of the Company’s directors, if Indemnitee is a director; or of the Company’s officers, if Indemnitee is not a director of the Company but is an officer; or of the
Company’s key employees, if Indemnitee is not an officer or director but is a key employee. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain such insurance if the Company reasonably determines that such
insurance is not reasonably available, if the premium costs for such insurance are disproportionate to the amount of coverage provided, if the coverage provided by such insurance is limited by exclusions so as to provide an insufficient benefit or
if Indemnitee is covered by similar insurance maintained by a subsidiary or parent of the Company. Among other considerations, the Company will weigh the costs of obtaining such insurance coverage against the protection afforded by such coverage.

  
 8. Exceptions. Any other provision herein to the
contrary notwithstanding, the Company shall not be obligated pursuant to the terms of this Agreement: 
  
 (a) Excluded Action or Omissions. To indemnify Indemnitee for Expenses resulting from acts, omissions or transactions for which
Indemnitee is prohibited from receiving indemnification under this Agreement or Applicable Law; provided, however, that notwithstanding any limitation set forth in this Section 8(a) regarding the Company’s obligation to
provide indemnification, Indemnitee shall be entitled under Section 2 to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made a final judicial
determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has engaged in acts, omissions or transactions for which Indemnitee is prohibited from receiving indemnification under this Agreement or
Applicable Law. 
  
 (b) Claims Initiated by
Indemnitee. To indemnify or advance Expenses to Indemnitee with respect to Claims initiated or brought voluntarily by Indemnitee and not by way of defense, counterclaim or crossclaim, except (i) with respect to actions or proceedings
brought to establish or enforce a right to indemnification under this Agreement or any other agreement or insurance policy or under the Company’s Charter or Bylaws now or hereafter in effect relating to Claims for Indemnifiable Events,
(ii) in specific cases if the Board of Directors has approved the initiation or bringing of such Claim, or (iii) as otherwise required under Sections 48-18-501 to -509 of the Tennessee Business Corporation Act, regardless of whether
Indemnitee ultimately is determined to be entitled to such indemnification, advance expense payment or insurance recovery, as the case may be; 
  

 -6- 

 (c) Lack of Good Faith. To indemnify Indemnitee for any expenses incurred by
Indemnitee with respect to any proceeding instituted by Indemnitee to enforce or interpret this Agreement, if a court of competent jurisdiction in a final non-appealable decision determines that each and every of the material assertions made by
Indemnitee in such proceeding was not made in good faith or was frivolous; or 
  
 (d) Claims Under Section 16(b). To indemnify Indemnitee for expenses and the payment of profits arising from the purchase and sale by Indemnitee of securities in violation of Section 16(b) of the
Exchange Act, or any similar successor statute if the Company is subject to the informational requirements of the Exchange Act; provided, however, that notwithstanding any limitation set forth in this Section 8(d) regarding the
Company’s obligation to provide indemnification, Indemnitee shall be entitled under Section 2 to receive Expense Advances hereunder with respect to any such Claim unless and until a court having jurisdiction over the Claim shall have made
a final judicial determination (as to which all rights of appeal therefrom have been exhausted or lapsed) that Indemnitee has violated said statute. 
  
 9. Construction of Certain Phrases. 
  
 (a) For purposes of this Agreement, references to the “Company” shall include, in addition to the resulting corporation, any
constituent corporation (including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued, would have had power and authority to indemnify its directors, officers, employees, agents or
fiduciaries, so that if Indemnitee is or was a director, officer, employee, agent or fiduciary of such constituent corporation, or is or was serving at the request of such constituent corporation as a director, officer, employee, agent or fiduciary
of another corporation, partnership, joint venture, employee benefit plan, trust or other enterprise, Indemnitee shall stand in the same position under the provisions of this Agreement with respect to the resulting or surviving corporation as
Indemnitee would have with respect to such constituent corporation if its separate existence had continued. 
  
 (b) For purposes of this Agreement, references to “other enterprises” shall include employee benefit plans; references to
“fines” shall include any excise taxes assessed on Indemnitee with respect to an employee benefit plan; and references to “serving at the request of the Company” shall include any service as a director, officer, employee, agent
or fiduciary of the Company which imposes duties on, or involves services by, such director, officer, employee, agent or fiduciary with respect to an employee benefit plan, its participants or its beneficiaries; and if Indemnitee acted in good faith
and in a manner Indemnitee reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan, Indemnitee shall be deemed to have acted in a manner “not opposed to the best interests of the Company”
as referred to in this Agreement. 
  
 (c) For
purposes of this Agreement a “Change in Control” shall be deemed to have occurred if, on or after the date of this Agreement, (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act),
other than a trustee or other fiduciary holding securities under an employee benefit plan of the Company acting in such capacity or a corporation owned directly or indirectly by the stockholders of the Company in substantially the same proportions
as their ownership of stock of the Company, becomes the “beneficial owner” (as defined 

  

 -7- 

 
in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing more than 33% of the total voting power represented
by the Company’s then outstanding Voting Securities, (ii) during any period of two consecutive years, individuals who at the beginning of such period constitute the Board of Directors of the Company and any new director whose election by
the Board of Directors or nomination for election by the Company’s shareholders was approved by a vote of at least two thirds (2/3) of the directors then still in office who either were directors at the beginning of the period or whose
election or nomination for election was previously so approved, cease for any reason to constitute a majority thereof, or (iii) the shareholders of the Company approve a merger or consolidation of the Company with any other corporation other
than a merger or consolidation which would result in the Voting Securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into Voting Securities of the surviving
entity) at least 80% of the total voting power represented by the Voting Securities of the Company or such surviving entity outstanding immediately after such merger or consolidation, or the stockholders of the Company approve a plan of complete
liquidation of the Company or an agreement for the sale or disposition by the Company of (in one transaction or a series of related transactions) all or substantially all of the Company’s assets. 
  
 (d) For purposes of this Agreement, “Independent
Legal Counsel” shall mean an attorney or firm of attorneys, selected in accordance with the provisions of Section 1(c) hereof, who shall not have otherwise performed services for the Company or Indemnitees within the last three years
(other than with respect to matters concerning the rights of Indemnitees under this Agreement, or of other indemnitees under similar indemnity agreements). 
  
 (e) For purposes of this Agreement, a “Reviewing Party” shall mean any appropriate person or body consisting of a member
or members of the Company’s Board of Directors or any other person or body appointed by the Board of Directors who is not a party to the particular Claim for which Indemnitee is seeking indemnification, or Independent Legal Counsel. 

 
 (f) For purposes of this Agreement, “Voting
Securities” shall mean any securities of the Company that vote generally in the election of directors. 
  
 (g) For the purposes of this Agreement, “Applicable Law” shall mean the Tennessee Business Corporation Act or any Federal
statute, law, rule or regulation imposed on the parties by a Tennessee court of law. 
  
 10. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall constitute an original. 
  

11. Binding Effect; Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties
hereto and their respective successors, assigns, including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the business and/or assets of the Company, spouses, heirs and personal and
legal representatives. The Company shall require and cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise) to all, substantially all, or a substantial part, of the 

  

 -8- 

 
business and or assets of the Company, by written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this
Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place. This Agreement shall continue in effect with respect to Claims relating to Indemnifiable Events regardless of
whether Indemnitee continues to serve as a director, officer, employee, agent or fiduciary of the Company or of any other enterprise at the Company’s request. 
  
 12. Attorneys’ Fees. In the event that any action is instituted by Indemnitee under this Agreement or under any
liability insurance policies maintained by the Company to enforce or interpret any of the terms hereof or thereof, Indemnitee shall be entitled to be paid all Expenses incurred by Indemnitee with respect to such action, regardless of whether
Indemnitee is ultimately successful in such action, and shall be entitled to the advancement of Expenses with respect to such action, unless, as a part of such action, a court of competent jurisdiction over such action in a final non-appealable
decision determines that each and every of the material assertions made by Indemnitee as a basis for such action was not made in good faith or was frivolous. In the event of an action instituted by or in the name of the Company under this Agreement
to enforce or interpret any of the terms of this Agreement, Indemnitee shall be entitled to be paid all Expenses incurred by Indemnitee in defense of such action (including costs and expenses incurred with respect to Indemnitee’s counterclaims
and cross-claims made in such action), and shall be entitled to the advancement of Expenses with respect to such action, unless, as a part of such action, a court having jurisdiction over such action in a final non-appealable decision determines
that each and every of Indemnitee’s material defenses to such action was made in bad faith or was frivolous. 
  
 13. Notice. All notices and other communications required or permitted hereunder shall be in writing, shall be effective when given, and shall in
any event be deemed to be given (a) five (5) days after deposit with the U.S. Postal Service or other applicable postal service, if delivered by first class mail, postage prepaid, (b) upon delivery, if delivered by hand, (c) one
business day after the business day of deposit with Federal Express or similar overnight courier, freight prepaid, or (d) one day after the business day of delivery by facsimile transmission, if delivered by facsimile transmission, with copy by
first class mail, postage prepaid, and shall be addressed if to Indemnitee, at the Indemnitee’s address as set forth beneath Indemnitee’s signature to this Agreement and if to the Company at the address of its principal corporate offices
(attention: Secretary) or at such other address as such party may designate by ten days’ advance written notice to the other party hereto. 
  
 14. Consent to Jurisdiction. The Company and Indemnitee each hereby hereby irrevocably consents to the jurisdiction of the United States District
Court for the Eastern District of Tennessee and of all Tennessee state courts sitting in Hamilton County, Tennessee for all purposes in connection with any action or proceeding which arises out of or relates to this Agreement and agree that any
action instituted under this Agreement shall be commenced, prosecuted and continued only in courts sitting in Hamilton County, Tennessee, which shall be the exclusive and only proper forum for adjudicating such a claim. 
  
 15. Severability. The provisions of this Agreement shall be severable
in the event that any of the provisions hereof (including any provision within a single section, paragraph or sentence) are held by a court of competent jurisdiction to be invalid, void or otherwise unenforceable, and the 

  

 -9- 

 
remaining provisions shall remain enforceable to the fullest extent permitted by law. Furthermore, to the fullest extent possible, the provisions of this
Agreement (including, without limitations, each portion of this Agreement containing any provision held to be invalid, void or otherwise unenforceable, that is not itself invalid, void or unenforceable) shall be construed so as to give effect to the
intent manifested by the provision held invalid, illegal or unenforceable. 
  
 16. Choice of Law. This Agreement shall be governed by and its provisions construed and enforced in accordance with the laws of the State of Tennessee, as applied to contracts between Tennessee residents,
entered into and to be performed entirely within the State of Tennessee, without regard to the conflict of laws principles thereof. 
  
 17. Subrogation. In the event of payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of the rights
of recovery of Indemnitee who shall execute all documents required and shall do all acts that may be necessary to secure such rights and to enable the Company effectively to bring suit to enforce such rights. 
  
 18. Amendment and Termination. No amendment, modification, termination
or cancellation of this Agreement shall be effective unless it is in writing signed by both the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether
or not similar) nor shall such waiver constitute a continuing waiver. 
  
 19. Integration and Entire Agreement. This Agreement sets forth the entire understanding between the parties hereto and supersedes and merges all previous written and oral negotiations, commitments, understandings and agreements
relating to the subject matter hereof between the parties hereto. 
  
 20. No Construction as Employment Agreement. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ of the Company or any of its subsidiaries. 
  

 -10- 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

  

			
	 GORDON BIERSCH BREWERY RESTAURANT GROUP, INC.,
 a Tennessee corporation

		
	By:	 	 
	 	 	Allen Corey
	 	 	President and Chief Executive Officer

  

	
	 AGREED TO AND ACCEPTED BY:

	
	  
	 (Signature of Indemnitee)

	
	  
	 (Printed Name of Indemnitee)

  

			
		
	 Address: 
	 	 
		
	 	 	 
		
	 	 	 

  

 -11-Amendment No.1 to Stock Purchase Agreement

 EXHIBIT 10.1 
  
 AMENDMENT NO. 1 
 TO 
 STOCK PURCHASE AGREEMENT 
  
 This AMENDMENT NO. 1 TO THE STOCK PURCHASE AGREEMENT (this “Amendment”) dated as of January 30, 2006 by and between SI CONCRETE
SYSTEMS CORPORATION, a Delaware corporation (“Concrete”), SI GEOSOLUTIONS CORPORATION, a Delaware corporation (“Geosolutions”), PROPEX FABRICS INC., a Delaware corporation (the “Purchaser”), and
INVESTCORP INTERNATIONAL, INC., solely in its capacity as “Seller Representative” on behalf of each of the Sellers and the Qualifying Optionholders (the “Seller Representative”). 
  
 WHEREAS, reference is made to the Stock Purchase Agreement dated as of
December 30, 2005 by and between Concrete, Geosolutions, the Purchaser and the other parties signatory thereto (the “Agreement”; capitalized terms used herein but not otherwise defined herein shall have the meaning ascribed
thereto in the Agreement); 
  
 WHEREAS, the Purchaser has
requested that Geosolutions enter into an Asset Purchase Agreement with Geosolutions EAT LLC, a Delaware limited liability company (“Geosolutions Newco”), and the other documents contemplated thereby, including, without limitation,
the Bill of Sale by Geosolutions in favor of Geosolutions, the Limited Warranty Deed by Geosolutions in favor of Geosolutions Newco related to the transfer of the real property located at 428 Rollins Industrial Blvd., Ringgold, Catoosa County,
Georgia, the Limited Warranty Deed by Geosolutions in favor of Geosolutions Newco related to the transfer of the real property located at 1515 North County Line Road Alto, Banks County, Georgia, and the Limited Warranty Deed by Geosolutions in favor
of Geosolutions Newco related to the transfer of the real property located at 1409 Coronet Drive, Dalton, Whitfield County, Georgia; 
  
 WHEREAS, the Purchaser has requested that Concrete enter into an Asset Purchase Agreement with Concrete EAT LLC, a Delaware limited liability company
(“Concrete Newco”), and the other documents contemplated thereby, including, without limitation, the Bill of Sale by Concrete in favor of Concrete Newco and the Special Warranty Deed by Concrete in favor of Concrete Newco related to
the transfer of the real property located at 4019 Industry Drive, Chattanooga, Hamilton County, Tennessee; and 
  
 WHEREAS, the Purchaser, Concrete, Geosolutions and the Seller Representative, on behalf of the Sellers and the Qualifying Optionholders, desire to amend
the Agreement. 
  
 NOW, THEREFORE, in consideration of the
promises and the mutual agreements and covenants hereinafter set forth, and intending to be legally bound, the parties hereto hereby agree as follows: 
  
 1. Amendment of Section 1.1. 

 a. Section 1.1 of the Agreement is hereby amended to add the following terms to
Section 1.1 in alphabetical order therein: 
  
 ““Concrete APA” means the Asset Purchase Agreement between Concrete and Concrete EAT LLC, a Delaware limited liability company, dated as of January 30, 2006.” 
  
 ““Geosolutions APA” means the Asset
Purchase Agreement between Geosolutions and Geosolutions EAT LLC, a Delaware limited liability company, dated as of January 30, 2006.” 
  
 ““LKE Cash” means the cash or other immediately available funds paid (a) to Concrete pursuant to the Concrete
APA as part of the Consideration (as defined in the Concrete APA) for the Acquired Assets (as defined in the Concrete APA) and (b) to Geosolutions pursuant to the Geosolutions APA as part of the Consideration (as defined in the Geosolutions
APA) for the Acquired Assets (as defined in the Geosolutions APA).” 
  
 ““LKE Transaction Documents” shall have the meaning set forth in Section 11.21(a).” 
  
 ““LKE Transaction Liabilities” shall have the meaning set forth in Section 11.21(a).” 
  
 ““Seller Indemnified Parties” shall
have the meaning set forth in Section 11.21(a).” 
  
 ““Seller Losses” shall have the meaning set forth in Section 11.21(a).” 
  
 b. Section 1.1 of the Agreement is hereby amended to amend and replace the term “Net Indebtedness” in Section 1.1 with
the following: 
  
 ““Net
Indebtedness” means an amount equal to (a) Indebtedness minus (b) Cash (excluding LKE Cash), each as determined in accordance with GAAP consistent with past practices as of the close of business on the day immediately prior to the
Closing Date.” 
  
 2. Amendment of
Article XI. Article XI is hereby amended by adding a new Section 11.21 to the end thereof as follows: 
  
 “Section 11.21 Certain Other Purchaser Agreements. 
  
 (a) As used herein, (i) “LKE Transaction Liabilities” means any and all Seller Losses
resulting from or in any way attributable to the execution and delivery of any of the LKE Transaction Documents or the consummation of any of the transactions contemplated thereby to the extent that such Seller Losses are in excess of any liability
and expense that would have properly been the responsibility of any of the Seller Indemnified Parties assuming the LKE Transaction Documents had not been entered into and the transactions 

 contemplated thereby had not been consummated, including, without limitation, any increase in Legacy Tax
Liabilities; (ii) “LKE Transaction Documents” means the documents set forth on Section 11.21 of the Disclosure Schedule; (iii) ”Seller Indemnified Parties” means Investcorp Bank B.S.C., the Seller
Representative, each Seller, each Qualifying Optionholder, Concrete and each of its Subsidiaries, Geosolutions (it being understood and agreed that Concrete, its Subsidiaries and Geosolutions will cease to be Seller Indemnified Parties upon Closing
of this Agreement) and, as applicable, each of such Person’s respective Affiliates, officers, directors, managers, employees, shareholders, equity owners, Representatives, heirs, legal representatives, successors and assigns; and
(iv) ”Seller Losses” means any and all losses, damages (including natural resources damages), demands, claims, assessments, costs (including costs of investigation, defense, response, remediation, restoration or reclamation),
causes of action, Actions, fines, judgments (including pre- and post-judgment interest), awards, settlements, obligations (including corrective and remedial obligations), liabilities, and expenses (including reasonable legal fees and expenses,
reasonable legal fees and expenses in obtaining coverage and/or defense from insurers, and all reasonable fees and expenses of consultants and other professionals incurred in connection with any of the foregoing) brought against, involving or
incurred by Concrete or any of its Subsidiaries, Geosolutions or any of the Seller Indemnified Parties. 
  
 (b) The Purchaser expressly understands and agrees that, notwithstanding anything in the LKE Transaction Documents or elsewhere in this
Agreement, for purposes of Section 2.6, the representations and warranties in Articles III, IV and V, the covenants set forth in Sections 7.1, 7.2, 7.3, 7.4, 7.5, 7.13, 7.14, 7.15, 7.17 and 7.20 and the conditions set forth in Section 8.1,
each of the following will be disregarded and it shall be assumed that the following did not occur: (i) the execution and delivery of any of the LKE Transaction Documents, (ii) the consummation of any of the transactions contemplated by
the LKE Transaction that affect Documents and (iii) any actual or potential changes, effects and consequences or could affect Concrete or any of its Subsidiaries or Geosolutions resulting from or attributable to clauses (i) or
(ii) above, or resulting from or attributable to the failure to give notice to, obtain a consent or an approval from or make a filing with any Person with respect to clauses (i) or (ii) above. 
  
 (c) The Purchaser shall be responsible for and shall
promptly pay all costs, fees and expenses payable by or charged to Concrete or any of its Subsidiaries or Geosolutions in connection with or as a result of the execution and delivery of the LKE Transaction Documents and the consummation of the
transactions contemplated thereby, including, without limitation, any recording fees, title insurance costs or transfer taxes of any nature (it being understood and agreed that such costs, fees and expenses shall not be considered Seller Transaction
Expenses for any purpose under this Agreement). 

 (d) The Purchaser expressly understands and agrees that, notwithstanding anything in the
LKE Transaction Documents or in this Agreement, the rights and obligations of the Purchaser, on the one hand, and the Seller Indemnified Parties on the other hand, shall, from and after the Closing, be determined as though the LKE Assets to be
transferred pursuant to the LKE Transaction Documents had not been so transferred. In furtherance and not in limitation of the foregoing, the Purchaser (i) shall indemnify, defend and hold harmless the Seller Indemnified Parties from, against
and in respect of all Seller LKE Transaction Liabilities and (ii) agrees that no Seller Indemnified Party will have any liability to Concrete, any of its Subsidiaries, Geosolutions or the Purchaser (or any Person asserting claims on behalf of
or in the right of any of them) for any LKE Transaction Liabilities. 
  
 (e) Notwithstanding Section 11.13, each of the Seller Indemnified Parties is expressly made a third party beneficiary of this Section 11.21. 
  
 (f) Notwithstanding anything in this Agreement to the contrary, the provisions of this Section 11.21
shall survive the Closing indefinitely. 
  
 (g)
The Seller Representative shall have the right to offset any amounts payable by the Purchaser pursuant to the indemnification obligations of this Section 11.21 against any amounts due Purchaser Indemnified Parties pursuant to Article X or
Section 11.2. 
  
 (h) During the period from
January 30, 2006 to the Closing, the Sellers shall cause each of Concrete and Geosolutions to, and each of Concrete and Geosolutions shall, retain and not distribute, by means of a dividend or otherwise, the LKE Cash. 
  
 (i) During the period from January 30, 2006 to the
Closing, the Sellers shall cause each of Concrete and Geosolutions to not, and each of Concrete and Geosolutions shall not, amend or terminate any LKE Transaction Documents without the prior written approval of the Purchaser.” 
  
 3. Ratification of Agreement. This Amendment shall be
construed in connection with and as part of the Agreement, and except as modified and expressly waived or amended hereby, all terms, conditions and covenants contained in the Agreement are hereby ratified and shall remain in full force. 

 
 4. References to the Agreement. Any and all
notices, requests, certificates and other instruments executed and delivered after the execution and delivery of this Amendment may refer to the Agreement without making specific reference to this Amendment, but nevertheless, all such references
shall include this Amendment unless the context otherwise requires. 

 5. Governing Law. This Amendment shall be governed by and construed in accordance
with the laws of the State of New York applicable to agreements made and to be performed entirely within such State, without regard to the choice of law principles thereof. 
  
 6. Jurisdiction; Forum. Any case, proceeding or Action concerning any dispute arising out of or
relating to this Amendment must be brought in a court situated in the Borough of Manhattan in the City and State of New York, and each party hereto consents and submits to the jurisdiction of any state or federal court sitting in Borough of
Manhattan in the City and State of New York for any such case, proceeding or Action. Each party hereto waives any objection to the laying of venue in such courts and any claim that any such Action has been brought in an inconvenient forum. To the
extent permitted by law, any judgment in respect of a dispute arising out of or relating to this Amendment may be enforced in any other jurisdiction within or outside the United States by suit on the judgment, a certified copy of such judgment being
conclusive evidence of the fact and amount of such judgment. 
  
 7. Counterparts. This Amendment may be executed in one or more counterparts, each of which will be deemed an original, but all of which will constitute one and the same agreement. Delivery of an executed
counterpart of a signature page to this Amendment by facsimile shall be as effective as delivery of a manually executed counterpart of this Amendment. 
  
 [the remainder of this page has been intentionally left blank] 

 IN WITNESS WHEREOF, each of the parties has caused this Amendment to be duly executed as of the day and
year first above written. 
  

			
	 PROPEX FABRICS INC.

		
	 By:
	 	 /s/ Philip D. Barnes

	 Name:
	 	 Philip D. Barnes

	 Title:
	 	 Chief Financial Officer and Treasurer

	
	 SI CONCRETE SYSTEMS CORPORATION

		
	 By:
	 	 /s/ Lee McCarter

	 Name:
	 	 Lee McCarter

	 Title:
	 	 Chief Financial Officer

	
	 SI GEOSOLUTIONS CORPORATION

		
	 By:
	 	 /s/ Lee McCarter

	 Name:
	 	 Lee McCarter

	 Title:
	 	 Chief Financial Officer

	
	 SELLER REPRESENTATIVE:

	
	 INVESTCORP INTERNATIONAL, INC.

		
	 By:
	 	 /s/ Kevin Charlton

	 Name:
	 	 Kevin Charlton

	 Title:
	 	 Principal

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]