Document:

EX-10.1

Exhibit 10.1

SEVERANCE AGREEMENT AND RELEASE OF CLAIMS

          This Severance Agreement and Release of Claims (“Agreement”) is between
Gary L. Brewer (“Brewer”) and Robbins & Myers, Inc., with corporate offices at 51 Plum Street,
Suite 260, Dayton, Ohio 45440, and other related groups and companies of Robbins & Myers, Inc.,
including the Process Solutions Group (“Robbins & Myers” or “Company”).

          Brewer and Robbins & Myers make this Agreement under the following circumstances:

          A. Brewer has been employed with the Company as Vice President and President of the Process
Solutions Group.

          B. The Company has decided to terminate Brewer’s employment effective April 9, 2009.

          C. As a result, the Company has offered, and Brewer has agreed to, certain individualized
severance benefits in connection with the decision to terminate his employment, and Brewer has
agreed to release the Company from any and all claims arising out of his employment with the
Company, including his employment termination.

          WHEREFORE, Robbins & Myers and Brewer agree as follows:

          1. EMPLOYMENT SEPARATION. Effective April 9, 2009, Brewer will terminate his
employment with the Company, including his position as Vice President of Robbins & Myers and his
position as President of the Process Solutions Group. Until April 9, 2009, Brewer will be
considered an active employee of the Company with normal pay and benefits. In addition, effective
April 9, 2009, Brewer resigns his position as an officer and/or director of any and all
subsidiaries or affiliates of Robbins & Myers, Inc. in which he holds any such office.

          2. SEVERANCE PAY. The Company will pay to Brewer a total of $265,000.00 in
severance pay (“Severance Amount”), which will be paid as follows: $130,000.00 on April 15, 2009
(or such later date upon which the seven (7) day revocation period set forth in paragraph 15(d) has
expired) and $135,000.00 on October 15, 2009. The required withholding and other applicable
payroll taxes will be deducted from such severance payments.

          3. MEDICAL AND OTHER HEALTH CARE COVERAGE. For the period of April 9, 2009 through
April 30, 2010 (the “Benefit Period”), the Company will continue to provide Brewer, and his
eligible dependents, with medical, dental, vision and EAP plan(s) coverage provided Brewer is not
employed with an employer who provides comparable coverage to him. This medical, dental, vision
and EAP plan(s) coverage will be provided to Brewer during the Benefit Period on the same terms and
employee contribution basis as are in effect for active exempt employees of the Company. Required
contributions will be deducted from Brewer’s severance payments. Thereafter, Brewer will be
eligible to elect coverage provided under the Consolidated Omnibus Budget Reconciliation Act
(“COBRA”) and to receive a COBRA premium reduction until December 31, 2009 pursuant to the American
Recovery and Reinvestment Act of 2009.

 

 

          4. STOCK OPTIONS; RESTRICTED SHARES AND PERFORMANCE SHARES. All stock options,
restricted shares and performance shares previously available to Brewer will be handled according
to the terms and conditions set forth in the relevant plan and award agreements and documents as
affecting an employee whose employment is terminated employment on April 9, 2009. In February
2008, 2,778 shares of restricted stock issued to Brewer vested (the “2008 Shares”). The Severance
Amount includes and satisfies any obligation that the Company may have to Brewer for any additional
tax liability that Brewer may incur resulting from the vesting of the 2008 Shares.

          5. OUTPLACEMENT SERVICES. The Company shall pay the expense of outplacement services
for the benefit of Brewer up to a maximum of $15,000.00. The outplacement service will be provided
by a vendor chosen by Robbins & Myers.

          6. OTHER BENEFITS. Brewer agrees that the payments and benefits provided under this
Agreement are greater than any to which he would otherwise be entitled under Company policies or
practices. Brewer also agrees that the payments and benefits provided under this Agreement are all
that he will receive from the Company, and that these payments and benefits are in lieu of, and
replace, any payments which Brewer might have claimed eligibility for, or entitlement to, under
Company policy or practice except for: (a) benefits to which Brewer is entitled under the Robbins &
Myers, Inc. Employee Savings Plan; (b) benefits to which Brewer is entitled under Robbins & Myers,
Inc. Pension Plan; and (c) any unused 2009 vacation pay. All benefits under the Company’s
Executive Supplemental Retirement Plan are forfeited in accordance with the terms of such plan.

          7. RELEASE OF CLAIMS. In consideration of the payments and benefits provided to
Brewer under this Agreement, Brewer, on behalf of himself, his heirs, assigns and agents, fully
settles, releases, and forever discharges Robbins & Myers, Inc., its groups and affiliates and
subsidiaries, and their present and former officers, directors, agents, employees, and all other
companies, groups and subsidiaries affiliated with Robbins & Myers, Inc., from any and all claims,
demands, liabilities, costs, attorneys’ fees, damages, actions, and causes of action arising out of
or related to his employment, his termination from employment with the Company, or the 2008 Shares.
This includes, but is not limited to, any and all claims under the following federal statutes and
like or similar state or local laws: Title VII of the Civil Rights Act of 1964, as amended; the
Age Discrimination in Employment Act; the Equal Pay Act; the Americans with Disabilities Act; the
Employee Retirement Income Security Act; the Worker Adjustment and Retraining Notification Act, the
Older Workers Benefit Protection Act, and the Family and Medical Leave Act, as well as any other
type of employment discrimination, wrongful discharge, retaliation, breach of express or implied
contract, promissory estoppel, emotional distress, intentional tort, or personal injury claim.
This release covers claims known and unknown to Brewer as of the effective date of this Agreement.

          8. CONFIDENTIAL INFORMATION, NON-COMPETITION AND RETURN OF COMPANY PROPERTY. Brewer
agrees that he will remain bound to all obligations of confidentiality to the Company. As a
result, Brewer agrees not to disclose any Confidential Information unless he is required by law to
do so. Further, Brewer acknowledges the terms of the Code of Business Conduct, and the
confidentiality and non-competition provisions in the Executive Officer Change of Control Agreement
to which Brewer is a party, and any other confidentiality and non-competition agreements which he
has previously executed with the Company, including his obligations under those agreements. If
Brewer knowingly violates this paragraph of the Agreement, or any of the referenced agreements, the
Company may terminate any benefits provided under this Agreement and seek other relief to which it
may be

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entitled. Brewer agrees that for purposes of this Agreement, “Confidential Information” shall be
defined in this Agreement as follows: “Confidential Information” means and includes, but is not
limited to, matters of a technical nature such as scientific, trade and engineering secrets,
know-how, designs, plans, formulae, processes, inventions, and research and development projects
relating to the designing, engineering and manufacturing of the products of the Company, and
matters of a business nature, such as cost and pricing data, purchasing, marketing and sales
policies and procedures, market analysis, customer lists and strategies and plans for future growth
and development, all of which are of a confidential and proprietary nature to the Company, except
for any such information which is or becomes known in the public domain.

          Further, Brewer agrees to return to the Company, on or before his termination date, all
Company property or copies thereof in his possession, including, but not limited to, any company
car, cell phone, pager, computer, printer, fax machine, credit cards, keys, files, records,
business plans, and any other property and equipment that he has received or he has in his
possession in connection with his employment with the Company.

          9. STATEMENTS. Brewer agrees that he will not make any statements or remarks which
are disparaging to, or which have the potential of harming the Company and/or its present and
former officers, directors, agents or employees, and that he will not engage in any act or conduct
which is, or could be reasonably construed to be, detrimental to the Company’s interests, business,
or reputation.

          10. REEMPLOYMENT. In consideration of the payment and benefits provided by this
Agreement, Brewer agrees that he will not knowingly seek re-employment and will not be eligible for
re-employment with the Company, or any entity connected with, owned or operated by the Company.

          11. COOPERATION. Brewer agrees that upon request of the Company, he shall reasonably
assist the Company or any of its direct or indirect subsidiaries in any claims or any litigation
brought by or against any of them involving matters occurring during the period of his employment
with the Company, including, among other things, being deposed in litigation proceedings. The
Company will pay Brewer $150.00 per hour and reimburse Brewer for any reasonable expenses or other
costs that he incurs as a result of providing such assistance.

          12. NON-ADMISSION OF LIABILITY. This Agreement does not constitute an admission by
Robbins & Myers that it has violated any contract, law or regulation, or in any way infringed
Brewer’s rights or privileges. The Company and Brewer make this Agreement in order to end Brewer’s
employment on a friendly basis, and to avoid the costs of defending against any legal action, which
Brewer might otherwise initiate. Because this Agreement is being offered to Brewer in order to
settle and compromise any possible disputed employment or contract claims, it may not be used as
evidence for any purpose except where it is alleged that the Agreement itself has been breached in
some manner.

          13. SEVERABILITY. The provisions of this Agreement are severable. If any provision
of this Agreement is determined to be invalid or unenforceable by a court of competent
jurisdiction, the other provisions of this Agreement shall continue in full force and effect and
the voided provision shall be amended, if permissible, to the extent necessary to render it valid
and enforceable.

          14. GOVERNING LAW. All matters relating to the interpretation, construction, and
enforcement of this Agreement shall be governed by and construed according to

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the laws of the State of Ohio to the extent that those laws are not preempted by the laws of the
United States of America.

          15. ACKNOWLEDGMENT. Brewer, in connection with his execution of this Agreement,
acknowledges the following:

          (a) that he is waiving all rights and claims that he has or may have under the federal Age
Discrimination in Employment Act, as well as any rights or claims that he has or may have under
other federal, state, or local laws with regard to discrimination;

          (b) that he has been advised by the Company to consult with an attorney prior to executing
this Agreement;

          (c) that he has a period of 21 days in which to consider this Agreement before signing it;
and

          (d) that for a period of 7 days following his signing of this Agreement, he may revoke
this Agreement, and that this Agreement shall not become effective and enforceable until that 7-day
revocation period has expired. Any revocation shall be submitted in writing to the signatory for
the Company.

          16. ENTIRE AGREEMENT. The foregoing terms represent the entire agreement between
Brewer and the Company and the only consideration for signing this Agreement. No other promises or
agreements of any kind have been made between the parties to cause them to sign this Agreement.
Brewer states that he has carefully read this Agreement, that he fully understands its terms, that
he has had full opportunity to review it with his own legal counsel, that he understands its legal
and binding effect, and that he signs this Agreement voluntarily.

	 	 	 	 	 
	
Date: April 6, 2009

 	 
	By:  	/s/
Gary L. Brewer
 	 
	 	Gary L. Brewer 	 

	 	 	 	 	 
	

FOR ROBBINS & MYERS, INC.

Date: April 6, 2009

 	 
	By:  	/s/
Peter C. Wallace
 	 
	 	Peter C. Wallace, President and CEO 	 
	 	 	 
	 

4ex10_16-1.htm

     

      
        

      

    

    Exhibit
10.16.1

    

    

    

    

    

    AGREEMENT
AND AMENDMENT NO. 2 TO CREDIT AGREEMENT

     

    THIS
AGREEMENT AND AMENDMENT NO. 2 TO CREDIT AGREEMENT (this “Amendment”) is made
as of December 28, 2008, by and between MEXICAN RESTAURANTS, INC., a Texas
corporation (the “Borrower”), and WELLS
FARGO BANK, N.A., a national banking association (the “Lender”).

     

    WHEREAS,
the Borrower and the Lender are parties to a certain Credit Agreement, dated as
of June 29, 2007, as amended (the “Credit Agreement”);
terms used herein and not otherwise defined are used herein as defined in the
Credit Agreement; and

     

    WHEREAS,
the Borrower has requested that the Lender amend Sections 1.1 and 7.1(c) of the
Credit Agreement and consent to the sale of the La Senorita Business (as defined
below);

     

    NOW,
THEREFORE, in consideration of the premises and for other good and valuable
consideration, the receipt and adequacy of which are hereby acknowledged, the
parties hereto agree as follows:

     

    1.           Amendments to Credit
Agreement.

     

    1.1           The
defined term “Growth Capital Expenditures” set forth in Section 1.1 of the
Credit Agreement is hereby amended and restated in its entirety to read as
follows:

     

    “Growth Capital
Expenditures.  Capital Expenditures for growth including, but
not limited to, New Construction relating to Operating Units and the
acquisitions of restaurants, including remodeling and renovation expenditures
for any restaurant, but excluding such remodeling and renovation expenditures to
the extent (a) funded by insurance proceeds or (b) funded by the Borrower (i) to
satisfy deductibles for insured losses or (ii) to implement improvements
required by building codes not covered by insurance proceeds.”

     

    1.2           Section
7.1(c) of the Credit Agreement is hereby amended and restated in its entirety to
read as follows:

     

    “(c)
Commitments to Make Growth Capital Expenditures.   The Borrower
and its Subsidiaries will not make or commit to make (by entering into a lease
or other agreement) any Growth Capital Expenditures (i) during Fiscal Year 2009,
in excess of $1,000,000 and (ii) during Fiscal Year 2010, in excess of
$1,200,000.”

     

    2.           Consent to Sale of La
Senorita Business.  Notwithstanding Section 8.4 of the Credit
Agreement, the Lender hereby consents to the sale (the “Proposed Sale”) by
the Borrower and certain of its Subsidiaries of all or substantially all of the
assets of their La Senorita restaurants and the equity interests of the La
Senorita Franchise Company (the “La Senorita Business”), subject
to the following conditions:

     

    (a)           the
Proposed Sale shall occur on or before April 10, 2009 on substantially the same
terms specified in the Letter of Intent, dated as of July 11, 2008 (as amended
February __, 2009) executed and delivered by Hacienda Mexican Restaurants and
LAS Acquisition Company, Inc., on the one hand, and the Borrower and certain of
its Subsidiaries, on the other hand;

     

    (b)           immediately
prior to the Proposed Sale and after giving effect thereto no Default shall have
occurred and be continuing;

     

    (c)           copies
of all documents relating to the Proposed Sale and any other documents
(financial or otherwise) reasonably requested by the Lender (including, without
limitation, invoices for legal fees and other deal expenses related to the
Proposed Sale) shall have been delivered to the Lender as and when requested;
and

     

    (d)           one
hundred percent (100%) of the proceeds of the Proposed Sale, which shall not be
less than $2,600,000, net of legal fees and other deal expenses related to the
Proposed Sale (the “Net Proceeds”), shall
be paid directly from the purchaser of the Business to the Lender for
application by the Lender to the Obligations in accordance with the Credit
Agreement.

     

    3.           Effects of Proposed
Sale.  From and after the consummation of the Proposed
Sale,

     

    (a)           all
Consolidated EBITDA generated by the Proposed Sale and the La Senorita Business
during any Measurement Period during which the Proposed Sale was consummated
shall be disregarded for purposes of calculating the Consolidated Fixed Charge
Coverage Ratio and the Total Leverage Ratio; and

     

    (b)           the
Commitment shall be reduced by an amount equal to one hundred percent (100%) of
the Net Proceeds paid to the Lender pursuant to Section 2(d) above.

     

    4.           Conditions to
Effectiveness.  The amendments to the Credit Agreement
contemplated hereby shall become effective as of the date first written above,
provided that (i) the Lender shall have received from the Borrower a counterpart
of this Amendment duly executed by the Borrower and (ii) the Borrower shall have
paid the attorneys’ fees of the Lender incurred in connection with this
Amendment.

     

    5.           Representations.

     

    The
Borrower represents and warrants to the Lender, as follows:

     

    (a)           upon
giving effect to this Amendment, no Default has occurred and is continuing as of
the date hereof;

     

    (b)           the
representations and warranties contained in Section V of the Credit Agreement
are true and correct in all material respects on and as of the date hereof
(except to the extent that such representations and warranties expressly relate
to an earlier date); and

     

    (c)           the
resolutions referred to in Section 4.1 of the Credit Agreement remain in full
force and effect on and as of the date hereof.

     

    6.           General.  The
foregoing amendments to the Credit Agreement are limited as provided herein and
do not extend to any other provisions of the Credit Agreement not specified
herein or to any other matter.  The Credit Agreement is ratified and
confirmed and shall continue in full force and effect as amended
hereby.  This Amendment may be executed in any number of counterparts
with the same effect as if the signatures hereto and thereto were upon the same
instrument.

     

    [Signature
page follows.]

     

    
      
        
           

        

         

      

      
         

        
          

        

      

      
         

      

    

    

     

    IN
WITNESS WHEREOF, THIS AGREEMENT AND AMENDMENT NO. 2 TO CREDIT AGREEMENT has been
executed as a sealed instrument as of the date first written above.

     

    MEXICAN
RESTAURANTS, INC.

    

    

    By:    /s/
Andrew J. Dennard

    Name:   Andrew
J. Dennard

    Title:     Executive
Vice President & CFO

     

    WELLS
FARGO BANK, N.A

     

    By:    /s/
Stephen A. Leon

    Name:   Stephen
A. Leon

    Title:     Managing
Director

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