Exhibit 10.19
POST HOUSE INVESTORS
00 XXXX 00XX XXXXXX
XXX XXXX, XXX XXXX 00000
April 20, 2001
The Xxxxx & Wollensky Restaurant Group
F/K/A New York Restaurant Group, Inc.
0000 Xxxxx Xxxxxx
Xxx Xxxx, XX 00000
Gentlemen:
We are the parties to a restaurant management agreement dated
February 26, 1991, as amended by agreements dated December 12, 1994, October
29, 1996, November 11, 1998 and December 25, 2000.
We wish this document to serve as a fifth amendment to the restaurant
management agreement, and hereby amend the agreement only as specifically set
forth herein.
We hereby acknowledge that New York Restaurant Group, Inc. is now
known as The Xxxxx & Wollensky Restaurant Group, Inc., and is the same
entity. Further references in this letter, and in future amendments and
correspondence, shall be to The Xxxxx & Wollensky Restaurant Group.
The restaurant management agreement shall also be amended by deleting
paragraph 7(f) and replacing it with a new paragraph 7(f):
"7(f) Notwithstanding anything to the contrary in this
Agreement, at the election of the Chartounis on 30 days' notice in the event
of a sale of the restaurant or if SWRG or any successor thereto ceases
substantially to perform its duties and responsibilities (including
maintaining the current general atmosphere and administering cost controls)
under this Agreement to Chartounis' satisfaction in their sole and absolute
discretion"
Very Truly Yours,
Post House Investors, LP
By: /s/ Xxxxx X. Xxxxxxxxx
------------------------------
Xxxxx X. Xxxxxxxxx
Contents agreed to:
The Xxxxx & Wollensky
Restaurant Group, Inc.
By: /s/ Xxxx X. Xxxxxx
---------------------------
Xxxx X. Xxxxxx
Chief Financial Officer
