SUBSCRIPTION AGREEMENTSubscription Agreement • April 15th, 2013 • Good Times Restaurants Inc • Retail-eating places
THE UNDERSIGNED, Good Times Restaurants Inc., a Nevada corporation (“Subscriber”), hereby (i) irrevocably subscribes (this "Subscription") for four thousand eight hundred (4,800) Class A Units of Bad Daddy’s Franchise Development, LLC, a North Carolina limited liability company (the “Company”), and (ii) agrees to pay the subscription price for the Class A Units of Seven Hundred Fifty Thousand and No/100 Dollars ($750,000.00) (the “Subscription Price”). The Subscription Price shall be payable in two equal installments as follows: (i) one half of the Subscription Price shall be delivered to the Company in immediately available funds on the date Subscriber executes this Subscription Agreement (the “Effective Date”), and (ii) the remaining balance of the Subscription Price shall be delivered to the Company in immediately available funds on or before the six (6) month anniversary of the Effective Date.
April 9, 2013Joint Venture Agreement • April 15th, 2013 • Good Times Restaurants Inc • Retail-eating places
This letter will set forth the general terms of our joint venture agreement for the first two Bad Daddy’s Burger Bar restaurants to be developed by BD of Colorado LLC in Colorado. The terms of this letter will be embodied in a more definitive agreement.
LICENSE AGREEMENTLicense Agreement • April 15th, 2013 • Good Times Restaurants Inc • Retail-eating places • North Carolina
THIS LICENSE AGREEMENT (this “Agreement”) is made and entered into this 9th day of April, 2013 (the “Effective Date”), by and between BAD DADDY’S FRANCHISE DEVELOPMENT, LLC, a North Carolina limited liability company with its principal office at 601 Corporate Circle, Golden, Colorado 80401-5622 (with copies of all correspondence to 601 South Kings Drive, Suite HH, Charlotte, North Carolina 28204) (“Licensor”), and BD OF COLORADO LLC, a Colorado limited liability company with its principal office at 601 Corporate Circle, Golden, Colorado 80401-5622 (“Licensee”).
AMENDED AND RESTATED OPERATING AGREEMENT OF BAD DADDY’S FRANCHISE DEVELOPMENT, LLCSecurities Purchase Agreement • April 15th, 2013 • Good Times Restaurants Inc • Retail-eating places
THIS AMENDED AND RESTATED OPERATING AGREEMENT OF BAD DADDY’S FRANCHISE DEVELOPMENT, LLC (this “Agreement”) is made and entered into as of this 9th day of April, 2013 (the “Effective Date”), by and among the undersigned.
MANAGEMENT SERVICES AGREEMENTManagement Services Agreement • April 15th, 2013 • Good Times Restaurants Inc • Retail-eating places • Colorado
THIS MANAGEMENT SERVICES AGREEMENT (this “Agreement”) is made this 9 day of April, 2013 by and between Good Times Restaurants Inc., a Nevada corporation (“GTR”), and Bad Daddy’s Franchise Development, LLC, a North Carolina limited liability company (“BDFD”). GTR and BDFD are sometimes referred to herein collectively as the “Parties” and each individually as a “Party”.
