Document:

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                                                             Exhibit 10.05 (b) +

                              EMPLOYMENT AGREEMENT

      EMPLOYMENT AGREEMENT, dated as of the 1st day of March, 2001, between
MORTON'S RESTAURANT GROUP, INC., a Delaware corporation ("Morton's" or
"Company") and Thomas J. Baldwin ("Baldwin"), an individual.

      WHEREAS, Morton's has employed, and wishes to continue to employ, Baldwin
as Chief Financial Officer and Executive Vice President of Morton's and various
of its affiliates and subsidiaries (in the aggregate, the "Morton's Subs" and
individually a "Morton's Sub").

      NOW, THEREFORE, in consideration of the mutual covenants and promises
herein contained, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

      1. Employment.

            (a) Morton's hereby continues to employ Baldwin and Baldwin hereby
accepts continued employment for a term beginning as of the 1st day of January,
2001 (the "Commencement Date"), and continuing thereafter such that at any day
following the Commencement Date the term of Baldwin's employment shall be three
(3) years (the "Employment Period"), unless sooner terminated as hereinafter
provided.

            (b) At any time during the Employment Period, Morton's may send a
notice to Baldwin, terminating his employment ("Morton's Notice"). Morton's
Notice shall set forth the date of termination, which shall in no event be
earlier than thirty-six (36) months after the date of delivery to Baldwin of
Morton's Notice. Following the delivery of Morton's Notice, Morton's
compensation obligation to Baldwin shall be as set forth in Section 7(f).

      2. Compensation; Benefits; Expenses; and Bonus

            (a) As compensation for the services to be rendered hereunder, until
December 31, 2001, Morton's shall pay to Baldwin a base salary (as adjusted
thereafter pursuant to the next sentence hereof, the "Base Salary") at the rate
of $266,000 per annum, payable in equal installments at such times as shall be
agreed upon by Morton's and Baldwin, but no less frequently than monthly. The
annual Base Salary for the calendar year commencing January 1, 2002 and for each
calendar year thereafter shall increase at no less

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than the rate of increase in the Consumer Price Index for Urban Wage Earners and
Clerical Workers, as compiled by the U.S. Bureau of Labor Statistics for the
preceding year (the "CPI"). The Base Salary may be increased at a faster rate
than that of the CPI, at the discretion of the Board of Directors.

            (b) Baldwin shall be eligible to participate in benefit programs, if
any, of Morton's which are in effect for its executive personnel from time to
time, including but not limited to profit sharing, pension, insurance, incentive
or other supplemental or special compensation plans or arrangements, and stock
purchase programs, in each case in accordance with the terms of such program.

            (c) Morton's recognizes that Baldwin, in rendering the services
hereunder, will be required to spend sums of money for the entertainment of
various persons and representatives of companies and organizations with whom
Morton's is having, or would like to have business relations, and otherwise in
performance of his duties hereunder. Morton's will advance and/or reimburse
reasonable traveling or other out-of-pocket expenses incurred or to be incurred
by Baldwin in rendering the services hereunder on behalf of Morton's, and
Morton's will advance such funds to Baldwin, or reimburse Baldwin upon
presentation of vouchers or other documents reasonably necessary to verify the
expenditures and sufficient, in form and substance, to satisfy Internal Revenue
Service ("IRS") requirements for any traveling or other expenses.

            (d) Morton's recognizes Baldwin's need for an automobile for
business purposes and to facilitate the performance of Baldwin's duties
hereunder. Therefore, Morton's shall pay to Baldwin a monthly automobile
allowance to be used by Baldwin towards the purchase or lease of an automobile,
(the make and model of which shall be selected by Baldwin), and all costs
related to the operation and maintenance of such automobile.

            (e) Morton's may elect to pay annual bonuses. The decision to pay
any bonuses and the actual payment of such bonuses, if any, shall be at the sole
discretion of the Company.

      3. Duties.

            Baldwin shall have the title and perform the duties of Executive
Vice-President and Chief Financial Officer of Morton's. He shall have charge of
such books and papers as properly belong to his office. He shall report to the
Chairman of the Board of Directors. Baldwin shall also serve, if elected or
appointed, to other offices of the Company and as a director of the Company

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and/or as a director and an officer of any and all Morton's Subs.

      4. Extent Of Services; Vacations.

            (a) Baldwin shall devote substantially all his full professional
time, energies, skills and attention to the performance of his duties and
responsibilities hereunder. However, the Company acknowledges that Baldwin
presently does and may hereafter serve as a director of and advisor/consultant
to other business entities and nothing contained herein shall prevent him from
so serving provided such service does not conflict or materially interfere with
his obligations to the Company hereunder.

            (b) Baldwin shall be entitled to take periodic vacations consistent
with past practices and with his duties hereunder.

      5. Working Facilities. Baldwin shall be furnished with a private office,
secretarial help and services, consistent with past practices and suitable to
his position and adequate for the performance of his duties.

      6. Confidentiality, etc.

            Upon the termination of the Employment Period or at such other time
as Morton's may request, Baldwin agrees to return to the Company all originals
and copies, whether generated by Baldwin or anyone else, of all material
documents, files, lists, forms, contracts, notebooks, rolodexes, keys, credit
cards, and any other material which, during the Employment Period, came into,
and continue to be in, Baldwin's possession and relate to Morton's, the Morton's
Subs, their respective businesses or their potential acquisitions and
investments.

      7. Death Or Disability Of Baldwin; Other Termination.

            (a) If Baldwin is unable to perform his duties by reason of illness
or incapacity (a "Disability") for a continuous period of more than six (6)
months, the compensation otherwise payable to him during the continued period of
such illness or incapacity after such six (6) month period shall be at the
annual rate of $88,666.66. Baldwin's full compensation shall be reinstated upon
his return to employment and the discharge of his full duties hereunder.
Notwithstanding anything herein to the contrary, if Baldwin shall be absent from
his employment by reason of illness or incapacity for a continuous period of
more than eighteen (18) months, this Agreement shall terminate, except Baldwin's
legal representatives shall be entitled to receive the compensation herein
provided to the last day of the eighteenth month of such

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continuous period.

            (b) If Baldwin dies during the term of this Agreement, this
Agreement shall terminate, except that Baldwin's legal representatives shall be
entitled to receive the compensation herein provided only to the last day of the
month in which Baldwin's death occurs.

            (c) In addition to Morton's rights set forth in clauses (a) and (b)
above, subject to clause (d) below, this Agreement shall terminate in the event:

                  (i) A licensed physician shall determine that Baldwin is a
"drug dependent person" (as defined in the New York Mental Hygiene Law or any
successor statute); or

                  (ii) Baldwin shall be declared to be incompetent pursuant to
the New York Mental Hygiene Law or any successor or similar statute, or a
conservator of his property shall have been appointed pursuant to the New York
Mental Hygiene Law or any successor or similar statute; or

                  (iii) Baldwin is convicted in a court of law of theft,
embezzlement, fraud or other felony or of any other crime that constitutes a
felony in the jurisdiction involved; or

                  (iv) Baldwin willfully breaches a substantial provision of
this Agreement or commits any act not approved by the Board of Directors of the
Company involving any material conflict of interest which substantially
adversely affects the Company or any Morton's Sub.

            (d) In the event of a termination pursuant to Section 7(c)(iv)
above, Morton's shall deliver to Baldwin a notice setting forth a reasonably
detailed description of the breached provision or unauthorized conduct
constituting the basis for termination, and this Agreement shall not terminate
unless Baldwin fails to cure same within 20 days after receipt of notice, or, if
Baldwin cannot reasonably be expected to effect a cure within such 20 day
period, if Baldwin fails to commence such cure within such 20 day period and
diligently proceed to effect same within 90 days after the aforesaid notice. In
the event of a termination pursuant to Section 7(c)(i) - (iii) above, Morton's
shall deliver to Baldwin a notice stating which of the ground(s) it alleges for
termination of this Agreement, together with a reasonably detailed description
of such ground(s).

            (e) Baldwin's obligations under this Agreement shall terminate at
Baldwin's option for any one of the following events

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("Good Reason") (i) Baldwin is assigned any duties or responsibilities
inconsistent with his position as Executive Vice-President and Chief Financial
Officer of Morton's (including status, offices, titles and reporting
requirements), or (ii) Morton's fails to pay any sum of money to Baldwin when
the same becomes due and payable and such failure continues for thirty (30) days
after such sum of money is due. Baldwin's good faith determination of Good
Reason shall be conclusive upon the parties for all purposes of this Agreement.

            (f) Subject to clause (g) below, in the event (i) this Agreement
terminates pursuant to Section 7(e) or (ii) Morton's has delivered Morton's
Notice (the date of such termination or delivery being the "Measuring Date"),
Morton's covenants and agrees to pay in a lump sum in cash within ten (10) days
after the Measuring Date as damages the product of three (3) multiplied by
$346,332. Baldwin agrees to use his best efforts to seek alternative employment
as an executive earning a salary reasonably comparable with that being paid to
Baldwin by Morton's, upon any such termination. Upon Baldwin's acquisition of
such alternative employment, he shall repay to Morton's an amount equal to the
product of $7,392 multiplied by "X", where X equals the difference between 36
and the number of months between the Measuring Date and the date Baldwin
commences such new employment. Morton's shall also pay to Baldwin all reasonable
expenses which Baldwin may then or thereafter incur for legal expenses and all
other reasonable costs paid or incurred by Baldwin for enforcing payment of such
amounts.

            (g) Notwithstanding any provision of this Agreement to the contrary,
to the extent any amounts payable to Baldwin in connection with a "Change of
Control" (as defined in the Amended and Restated Change of Control Agreement
between Morton's and Baldwin dated March 1, 2001, as such Amended and Restated
Change of Control Agreement may be further amended from time to time (the
"Change of Control Agreement")), whether pursuant to this Agreement, the Change
of Control Agreement or under any other employment agreement, employment
arrangement or similar plan, contract or program of severance (collectively, the
"Total Severance Benefits"), would constitute "Parachute Payments" (as defined
in Section 280G(b)(2) of the Internal Revenue Code of 1986, as amended), the
Total Severance Benefits payable to Baldwin shall be reduced to the extent
necessary such that the Total Severance Benefits no longer constitute Parachute
Payments. Baldwin may elect, in his sole discretion, which of the Total
Severance Benefits shall be eliminated or reduced (as long as after such
election the Total Severance Benefits no longer constitute Parachute Payments).
For purposes of this Section 7(g), the

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determination of whether payments to Baldwin would constitute Parachute Payments
shall be made by Baldwin, in good faith.

      8. Insurance.

            (a) Morton's in its discretion at any time after the execution of
this Agreement, may apply for and procure as owner and for its own benefit,
insurance on the life of Baldwin, in such amounts and in such form or forms as
Morton's may choose. Baldwin shall have no interest whatsoever in any such
policy or policies, but he shall, at the request of Morton's, submit to such
medical examinations, supply such information, and execute such documents as may
be required by the insurance company or companies to whom Morton's has applied
for such insurance.

            (b) Morton's shall, for so long as Baldwin is employed by it, pay
for the benefit of Baldwin the premium on the medical, dental, life and
disability policies presently being provided to him, or policies substantially
similar to same.

            (c) Upon the termination of Baldwin's employment, Baldwin shall have
the option, within thirty (30) days thereafter, to acquire Morton's interest in
the policy or policies that may be procured by Morton's pursuant to subparagraph
(a) above, to the extent permitted by such policy or policies, upon payment to
Morton's of such policy's or policies' then cash surrender value. If Baldwin
exercises such option, Morton's will take whatever reasonable steps are
necessary to assign all the rights in the entire policy or policies to Baldwin,
to the extent permitted by such policy or policies, and to deliver physical
possession of the policy or policies to Baldwin. If Baldwin shall fail to
exercise such option, Morton's may cancel the policy or policies and take down
their cash surrender value, and neither Baldwin nor any person claiming through
Baldwin shall have any rights whatsoever in any part of the policy or policies
or their values.

      9. Survival Of Obligations. Notwithstanding the expiration of the term of
this Agreement or any termination of this Agreement, any duty or obligation
which has been incurred and which has not been fully observed, performed and/or
discharged, and any right, unconditional or conditional, which has been created
and has not been fully enjoyed, enforced, and/or satisfied, shall survive such
expiration or termination until such duty or obligation has been fully observed,
performed and/or discharged and such right has been enforced, enjoyed and/or
satisfied.

      10. Remedies, etc.

            The parties recognize that irreparable damage may result

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in the event that the provisions of Section 6 hereof shall not be specifically
enforced. If any dispute arises concerning action in violation of any such
provision, the parties hereto agree that an injunction be issued restraining
such action pending determination of such controversy and that no bond or other
security shall be required in connection therewith. If any dispute arises
concerning the right or obligation of any party hereto, such right or obligation
shall be enforceable by a decree of specific performance. Such remedies shall,
however, not be exclusive of and shall be in addition to any other remedies
which the parties may have, including injunctive relief and actions for damages.

      11. Notices. All notices hereunder shall be in writing and shall be
mailed, delivered by hand or telecopied. All such notices shall be deemed to
have been given or delivered three days after the date mailed in any general or
branch United States Post Office enclosed in a registered postpaid envelope
addressed to the address of the respective parties stated below, on the date of
the by hand delivery if so delivered, or on the date of receipt, if telecopied.
The notices shall be addressed as follows:

      If to Baldwin:

      Thomas J. Baldwin
      214 Old Norwalk Road
      New Canaan, CT 06840

      with a copy to:

      Salamon, Gruber, Newman & Blaymore, P.C.
      97 Powerhouse Road
      Roslyn Heights, New York 11577-2016
      Attention: David Gruber, Esq.

      If to Morton's:

      Morton's Restaurant Group, Inc.
      3333 New Hyde Park Road
      New Hyde Park, New York 11577

      with a copy to:

      Schulte, Roth & Zabel LLP
      919 Third Avenue, 19th Floor
      New York, NY  10022

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      Attn:  Marc Weingarten, Esq.

or to such other address as a party hereto may notify the other pursuant to this
Section 11.

      12. Waiver. Failure to insist upon strict compliance with any of the
terms, covenants or conditions hereof shall not be deemed a waiver of such term,
covenant or condition, nor shall any waiver or relinquishment of any right or
power hereunder at any one time or more times be deemed a waiver or
relinquishment of such right or power at any other time or times.

      13. Severability. The invalidity or unenforceability of any provisions
hereof shall in no way affect the validity or enforceability of any other
provision.

      14. Modification. This Agreement cannot be changed, modified or discharged
orally, but only if consented to in writing by both parties.

      15. Assignment. This Agreement is a personal contract and, except as
specifically set forth herein, the rights and interests of Baldwin herein may
not be sold, transferred, assigned, pledged or hypothecated. In the event of any
attempted assignment or transfer of rights hereunder contrary to the provisions
hereof, Morton's shall have no further liability for payments hereunder.

      16. Benefit. Except as otherwise herein expressly provided, this Agreement
shall inure to the benefit of and be binding upon Morton's, its successors and
assigns, including but not limited to any corporation which may acquire all or
substantially all of Morton's assets and business or with or into which Morton's
may be consolidated or merged, and Baldwin, his heirs, executors, administrators
and legal representatives, provided that the obligation of Baldwin hereunder may
not be delegated.

      17. Applicable Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York applicable to contracts made
and to be performed entirely within such State.

      18. Indemnity. Morton's shall indemnify Baldwin and hold him harmless for
any acts or decisions made by him in good faith while performing services for
Morton's as an officer of Morton's and shall include him under any insurance
policy now in force or hereinafter obtained during the term of this Agreement,
covering the other officers and directors of Morton's against lawsuits;
provided, however, Morton's shall be under no obligation to obtain

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any such coverage. To the extent permitted under the Delaware General
Corporation Law, Morton's will pay all reasonable expenses, including attorneys'
fees, actually and necessarily incurred by Baldwin in connection with the
defense of such act, suit or proceeding and in connection with any appeal
thereon including the cost of court settlements.

      19. Withholding of Taxes. Morton's may withhold from any amounts or
benefits payable under this Agreement all federal, state, city and other taxes
as shall be required pursuant to any law or governmental regulation or ruling.

      20. Contract Headings. All headings of the Articles of this Agreement have
been inserted for convenience of reference only, are not to be considered a part
of this Agreement, and shall in no way affect the interpretation of any of the
provisions of this Agreement.

      21. Entire Agreement. The foregoing contains the entire agreement of the
parties.

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      IN WITNESS WHEREOF, the parties have signed this Agreement as of the day
and year first above written.

                                          /s/ Thomas J. Baldwin
                                          -------------------------------------
                                          Thomas J. Baldwin

Attest:                                   MORTON'S RESTAURANT GROUP, INC.

                                          By: /s/ Allen J. Bernstein
/s/ Agnes Longarzo                            ---------------------------------
-----------------------------             Name:   Allen J. Bernstein
                                          Title:  Chairman of the Board
                                                  President
                                                  Chief Executive Officer

                                      -10-<PAGE>
                                                             Exhibit 10.05 (c) +

                              EMPLOYMENT AGREEMENT

      EMPLOYMENT AGREEMENT, dated as of the 1st day of March, 2001, between
MORTON'S RESTAURANT GROUP, INC., a Delaware corporation ("Morton's" or
"Company") and AGNES LONGARZO ("Longarzo"), an individual.

      WHEREAS, Morton's has employed, and wishes to continue to employ, Longarzo
as Secretary of Morton's and various of its affiliates and subsidiaries (in the
aggregate, the "Morton's Subs").

      NOW, THEREFORE, in consideration of the mutual covenants and promises
herein contained, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

      1. Employment.

            (a) Morton's hereby continues to employ Longarzo and Longarzo hereby
accepts continued employment for a term beginning as of the 1st day of January,
2001 (the "Commencement Date"), and continuing thereafter such that at any day
following the Commencement Date the term of Longarzo's employment shall be three
(3) years (the "Employment Period"), unless sooner terminated as hereinafter
provided.

            (b) At any time during the Employment Period, Morton's may send a
notice to Longarzo, terminating her employment ("Morton's Notice"). Morton's
Notice shall set forth the date of termination, which shall in no event be
earlier than thirty-six (36) months after the date of delivery to Longarzo of
Morton's Notice. Following the delivery of Morton's Notice, Morton's
compensation obligation to Longarzo shall be as set forth in Section 7(f).

      2. Compensation; Benefits; Expenses; and Bonus

            (a) As compensation for the services to be rendered hereunder, until
December 31, 2001, Morton's shall pay to Longarzo a base salary (as adjusted
thereafter pursuant to the next sentence hereof, the "Base Salary") at the rate
of $125,000 per annum, payable in equal installments at such times as shall be
agreed upon by Morton's and Longarzo, but no less frequently than monthly. The
annual Base Salary for the calendar year commencing January 1, 2002 and for each
calendar year thereafter shall increase at no less than the rate of increase in
the Consumer Price Index for Urban Wage Earners and Clerical Workers, as
compiled by the U.S. Bureau

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of Labor Statistics for the preceding year (the "CPI"). The Base Salary may be
increased at a faster rate than that of the CPI, at the discretion of the Board
of Directors.

            (b) Longarzo shall be eligible to participate in benefit programs,
if any, of Morton's which are in effect for its executive personnel from time to
time, including but not limited to profit sharing, pension, insurance, incentive
or other supplemental or special compensation plans or arrangements, and stock
purchase programs, in each case in accordance with the terms of such program.

            (c) Morton's recognizes that Longarzo, in rendering the services
hereunder, will be required to spend sums of money for the entertainment of
various persons and representatives of companies and organizations with whom
Morton's is having, or would like to have business relations, and otherwise in
performance of her duties hereunder. Morton's will advance and/or reimburse
reasonable traveling or other out-of-pocket expenses incurred or to be incurred
by Longarzo in rendering the services hereunder on behalf of Morton's, and
Morton's will advance such funds to Longarzo, or reimburse Longarzo upon
presentation of vouchers or other documents reasonably necessary to verify the
expenditures and sufficient, in form and substance, to satisfy Internal Revenue
Service ("IRS") requirements for any traveling or other expenses.

            (d) Morton's recognizes Longarzo's need for an automobile for
business purposes and to facilitate the performance of Longarzo's duties
hereunder. Therefore, Morton's shall pay to Longarzo a monthly automobile
allowance to be used by Longarzo towards the purchase or lease of an automobile,
(the make and model of which shall be selected by Longarzo), and all costs
related to the operation and maintenance of such automobile.

            (e) Morton's may elect to pay annual bonuses. The decision to pay
any bonuses and the actual payment of such bonuses, if any, shall be at the sole
discretion of the Company.

      3. Duties.

            Longarzo shall have the title and perform the duties of Secretary of
Morton's. Longarzo shall have custody of the seal of the Company and when
required by the Board of Directors, or when any instrument shall have been
signed by the President duly authorized to sign the same, or when necessary to
attest any proceedings of the shareholders or directors, shall affix it to any
instrument requiring the same and shall attest the same with her signature,
provided that the seal may be affixed by the President or Vice-President or
other officer of the Corporation to any document executed by either of them
respectively on behalf of the

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Corporation which does not require the attestation of the Secretary. She shall
attend to the giving and serving of notices of meetings. She shall have charge
of such books and papers as properly belong to her office or as may be committed
to her care by the Board of Directors. She shall perform such other duties as
appertain to her office or as may be required by the Board of Directors.
Longarzo shall also serve, if elected or appointed, to other offices of the
Company and as a director and an officer of any and all Morton's Subs.

      4. Extent Of Services; Vacations.

            (a) Except as provided in Section 4(b) below, Longarzo shall devote
her full professional time, energies, skills and attention to the performance of
her duties and responsibilities hereunder.

            (b) Longarzo shall be entitled to take periodic vacations consistent
with past practices and with her duties hereunder.

      5. Working Facilities. Longarzo shall be furnished with a private office,
stenographic help and services suitable to her position and adequate for the
performance of her duties.

      6. Confidentiality, etc.

            Upon the termination of the Employment Period or at such other time
as Morton's may request, Longarzo agrees to return to the Company all originals
and copies, whether generated by Longarzo or anyone else, of all material
documents, files, lists, forms, contracts, notebooks, rolodexes, keys, credit
cards, and any other material which, during the Employment Period, came into,
and continue to be in, Longarzo's possession and relate to Morton's, the
Morton's Subs, their respective businesses or their potential acquisitions and
investments.

      7. Death Or Disability Of Longarzo; Other Termination.

            (a) If Longarzo is unable to perform her duties by reason of illness
or incapacity (a "Disability") for a continuous period of more than six (6)
months, the compensation otherwise payable to her during the continued period of
such illness or incapacity after such six (6) month period shall be at the
annual rate of $41,666.66. Longarzo's full compensation shall be reinstated upon
her return to employment and the discharge of her full duties hereunder.
Notwithstanding anything herein to the contrary, if Longarzo shall be absent
from her employment by reason of illness or incapacity for a continuous period
of more than eighteen (18) months, this Agreement shall terminate, except
Longarzo's legal representatives shall be entitled to receive the compensation
herein provided to the last day

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of the eighteenth month of such continuous period.

            (b) If Longarzo dies during the term of this Agreement, this
Agreement shall terminate, except that Longarzo's legal representatives shall be
entitled to receive the compensation herein provided only to the last day of the
month in which Longarzo's death occurs.

            (c) In addition to Morton's rights set forth in clauses (a) and (b)
above, subject to clause (d) below, this Agreement shall terminate in the event:

                  (i) A licensed physician shall determine that Longarzo is a
"drug dependent person" (as defined in the New York Mental Hygiene Law or any
successor statute); or

                  (ii) Longarzo shall be declared to be incompetent pursuant to
the New York Mental Hygiene Law or any successor or similar statute, or a
conservator of her property shall have been appointed pursuant to the New York
Mental Hygiene Law or any successor or similar statute; or

                  (iii) Longarzo is convicted in a court of law of theft,
embezzlement, fraud or other felony or of any other crime that constitutes a
felony in the jurisdiction involved; or

                  (iv) Longarzo willfully breaches a substantial provision of
this Agreement or commits any act not approved by the Board of Directors of the
Company involving any material conflict of interest which substantially
adversely affects the Company or any Morton's Sub.

            (d) In the event of a termination pursuant to Section 7(c)(iv)
above, Morton's shall deliver to Longarzo a notice setting forth a reasonably
detailed description of the breached provision or unauthorized conduct
constituting the basis for termination, and this Agreement shall not terminate
unless Longarzo fails to cure same within 20 days after receipt of notice, or,
if Longarzo cannot reasonably be expected to effect a cure within such 20 day
period, if Longarzo fails to commence such cure within such 20 day period and
diligently proceed to effect same within 90 days after the aforesaid notice. In
the event of a termination pursuant to Section 7(c)(i) - (iii) above, Morton's
shall deliver to Longarzo a notice stating which of the ground(s) it alleges for
termination of this Agreement, together with a reasonably detailed description
of such ground(s).

            (e) Longarzo's obligations under this Agreement shall terminate at
Longarzo's option for any one of the following events ("Good Reason") (i)
Longarzo is assigned any duties or responsibilities inconsistent with her
position as Secretary of

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Morton's (including status, offices, titles and reporting requirements), or (ii)
Morton's fails to pay any sum of money to Longarzo when the same becomes due and
payable and such failure continues for thirty (30) days after such sum of money
is due. Longarzo's good faith determination of Good Reason shall be conclusive
upon the parties for all purposes of this Agreement.

            (f) Subject to clause (g) below, in the event (i) this Agreement
terminates pursuant to Section 7(e) or (ii) Morton's has delivered Morton's
Notice (the date of such termination or delivery being the "Measuring Date"),
Morton's covenants and agrees to pay in a lump sum in cash within ten (10) days
after the Measuring Date as damages the product of three (3) multiplied by
$162,750. Longarzo agrees to use her best efforts to seek alternative employment
as an executive earning a salary reasonably comparable with that being paid to
Longarzo by Morton's, upon any such termination. Upon Longarzo's acquisition of
such alternative employment, she shall repay to Morton's an amount equal to the
product of $3,472 multiplied by "X", where X equals the difference between 36
and the number of months between the Measuring Date and the date Longarzo
commences such new employment. Morton's shall also pay to Longarzo all
reasonable expenses which Longarzo may then or thereafter incur for legal
expenses and all other reasonable costs paid or incurred by Longarzo for
enforcing payment of such amounts.

            (g) Notwithstanding any provision of this Agreement to the contrary,
to the extent any amounts payable to Longarzo in connection with a "Change of
Control" (as defined in the Change of Control Agreement between Morton's and
Longarzo dated March 1, 2001, as such Change of Control Agreement may be further
amended from time to time (the "Change of Control Agreement")), whether pursuant
to this Agreement, the Change of Control Agreement or under any other employment
agreement, employment arrangement or similar plan, contract or program of
severance (collectively, the "Total Severance Benefits"), would constitute
"Parachute Payments" (as defined in Section 280G(b)(2) of the Internal Revenue
Code of 1986, as amended), the Total Severance Benefits payable to Longarzo
shall be reduced to the extent necessary such that the Total Severance Benefits
no longer constitute Parachute Payments. Longarzo may elect, in her sole
discretion, which of the Total Severance Benefits shall be eliminated or reduced
(as long as after such election the Total Severance Benefits no longer
constitute Parachute Payments). For purposes of this Section 7(g), the
determination of whether payments to Longarzo would constitute Parachute
Payments shall be made by Longarzo, in good faith.

      8. Insurance.

            (a) Morton's in its discretion at any time after the execution of
this Agreement, may apply for and procure as owner and

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for its own benefit, insurance on the life of Longarzo, in such amounts and in
such form or forms as Morton's may choose. Longarzo shall have no interest
whatsoever in any such policy or policies, but she shall, at the request of
Morton's, submit to such medical examinations, supply such information, and
execute such documents as may be required by the insurance company or companies
to whom Morton's has applied for such insurance.

            (b) Morton's shall, for so long as Longarzo is employed by it, pay
for the benefit of Longarzo the premium on the medical, dental, life and
disability policies presently being provided to executive employees of Morton's,
or policies substantially similar to same.

            (c) Upon the termination of Longarzo's employment, Longarzo shall
have the option, within thirty (30) days thereafter, to acquire Morton's
interest in the policy or policies that may be procured by Morton's pursuant to
subparagraph (a) above, to the extent permitted by such policy or policies, upon
payment to Morton's of such policy's or policies' then cash surrender value. If
Longarzo exercises such option, Morton's will take whatever reasonable steps are
necessary to assign all the rights in the entire policy or policies to Longarzo,
to the extent permitted by such policy or policies, and to deliver physical
possession of the policy or policies to Longarzo. If Longarzo shall fail to
exercise such option, Morton's may cancel the policy or policies and take down
their cash surrender value, and neither Longarzo nor any person claiming through
Longarzo shall have any rights whatsoever in any part of the policy or policies
or their values.

      9. Survival Of Obligations. Notwithstanding the expiration of the term of
this Agreement or any termination of this Agreement, any duty or obligation
which has been incurred and which has not been fully observed, performed and/or
discharged, and any right, unconditional or conditional, which has been created
and has not been fully enjoyed, enforced, and/or satisfied, shall survive such
expiration or termination until such duty or obligation has been fully observed,
performed and/or discharged and such right has been enforced, enjoyed and/or
satisfied.

      10. Remedies, etc. The parties recognize that irreparable damage will
result in the event that the provisions of Section 6 hereof shall not be
specifically enforced. If any dispute arises concerning action in violation of
any such provision, the parties hereto agree that an injunction be issued
restraining such action pending determination of such controversy and that no
bond or other security shall be required in connection therewith. If any dispute
arises concerning the right or obligation of any party hereto, such right or
obligation shall be enforceable by a decree of specific performance. Such
remedies shall, however, not be exclusive of and

                                      -6-
<PAGE>

shall be in addition to any other remedies which the parties may have, including
injunctive relief and actions for damages.

      11. Notices. All notices hereunder shall be in writing and shall be
mailed, delivered by hand or telecopied. All such notices shall be deemed to
have been given or delivered three days after the date mailed in any general or
branch United States Post Office enclosed in a registered postpaid envelope
addressed to the address of the respective parties stated below, on the date of
the by hand delivery if so delivered, or on the date of receipt, if telecopied.
The notices shall be addressed as follows:

      If to Longarzo:

      Agnes Longarzo
      111 Cherry Valley Avenue
      Garden City, New York 11530

      with a copy to:

      Salamon, Gruber, Newman & Blaymore, P.C.
      97 Powerhouse Road
      Roslyn Heights, New York 11577-2016
      Attention: David Gruber, P.C.

      If to Morton's:

      Morton's Restaurant Group, Inc.
      3333 New Hyde Park Road
      New Hyde Park, New York 11577

      with a copy to:

      Schulte, Roth & Zabel LLP
      919 Third Avenue, 19th Floor
      New York, NY  10022
      Attn:  Marc Weingarten, Esq.

or to such other address as a party hereto may notify the other pursuant to this
Section 11.

      12. Waiver. Failure to insist upon strict compliance with any of the
terms, covenants or conditions hereof shall not be deemed a waiver of such term,
covenant or condition, nor shall any waiver or relinquishment of any right or
power hereunder at any one time or more times be deemed a waiver or
relinquishment of such right or power at any other time or times.

      13. Severability. The invalidity or unenforceability of any

                                      -7-
<PAGE>

provisions hereof shall in no way affect the validity or enforceability of any
other provision.

      14. Modification. This Agreement cannot be changed, modified or discharged
orally, but only if consented to in writing by both parties.

      15. Assignment. This Agreement is a personal contract and, except as
specifically set forth herein, the rights and interests of Longarzo herein may
not be sold, transferred, assigned, pledged or hypothecated. In the event of any
attempted assignment or transfer of rights hereunder contrary to the provisions
hereof, Morton's shall have no further liability for payments hereunder.

      16. Benefit. Except as otherwise herein expressly provided, this Agreement
shall inure to the benefit of and be binding upon Morton's, its successors and
assigns, including but not limited to any corporation which may acquire all or
substantially all of Morton's assets and business or with or into which Morton's
may be consolidated or merged, and Longarzo, her heirs, executors,
administrators and legal representatives, provided that the obligation of
Longarzo hereunder may not be delegated.

      17. Applicable Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York applicable to contracts made
and to be performed entirely within such State.

      18. Indemnity. Morton's shall indemnify Longarzo and hold her harmless for
any acts or decisions made by her in good faith while performing services for
Morton's as an officer of Morton's and shall include her under any insurance
policy now in force or hereinafter obtained during the term of this Agreement,
covering the other officers and directors of Morton's against lawsuits;
provided, however, Morton's shall be under no obligation to obtain any such
coverage. To the extent permitted under the Delaware General Corporation Law,
Morton's will pay all reasonable expenses, including attorneys' fees, actually
and necessarily incurred by Longarzo in connection with the defense of such act,
suit or proceeding and in connection with any appeal thereon including the cost
of court settlements.

      19. Withholding of Taxes. Morton's may withhold from any amounts or
benefits payable under this Agreement all federal, state, city and other taxes
as shall be required pursuant to any law or governmental regulation or ruling.

      20. Contract Headings. All headings of the Articles of this Agreement have
been inserted for convenience of reference only, are not to be considered a part
of this Agreement, and shall in no way

                                      -8-
<PAGE>

affect the interpretation of any of the provisions of this Agreement.

      21. Entire Agreement. The foregoing contains the entire agreement of the
parties.

      IN WITNESS WHEREOF, the parties have signed this Agreement the day and
year first above written.

                                          /s/ Agnes Longarzo
                                          --------------------------------------
                                          Agnes Longarzo

Attest:                                   MORTON'S RESTAURANT GROUP, INC.

/s/ Leigh Melore                          By:  /s/ Thomas J. Baldwin
----------------------------                 -----------------------------------
                                          Name: Thomas J. Baldwin
                                          Title: Executive Vice President
                                                 Chief Financial Officer

                                      -9-

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