0000874691-10-000006 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2010 • Osi Restaurant Partners, LLC • Retail-eating places • Florida

EMPLOYMENT AGREEMENT (this “Agreement”) made and entered into this 2nd day of November, 2009 by and between Elizabeth A. Smith (the “Executive”), OSI Restaurant Partners, LLC, a Delaware corporation (the “Company”), and Kangaroo Holdings, Inc., a Delaware corporation (“KHI”) (with respect to Sections 3(a) and 4(d) only) and amended and restated as of the 31st day of December, 2009. This Agreement shall be effective as of the 16th day of November, 2009 (the “Effective Date”).

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OSI Restaurant Partners, LLC Letterhead] Tampa, Florida 33607
Severance Agreement • March 31st, 2010 • Osi Restaurant Partners, LLC • Retail-eating places

As we discussed, effective as of 11:59 p.m. on November 15, 2009 (the “Separation Date”), you will retire from OSI Restaurant Partners, LLC (the “Company”) and your employment with the Company and its subsidiaries and affiliates will terminate. The purpose of this letter agreement (the “Agreement”) is to confirm the agreement between you and the Company concerning your separation from the Company and the related severance arrangements, as follows:

OPERATING AGREEMENT FOR OUTBACK/FLEMING'S, LLC A DELAWARE LIMITED LIABILITY COMPANY
Operating Agreement • March 31st, 2010 • Osi Restaurant Partners, LLC • Retail-eating places • Delaware

THE SECURITIES REPRESENTED BY THIS AGREEMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 NOR REGISTERED NOR QUALIFIED UNDER ANY STATE SECURITIES LAWS. SUCH SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, DELIVERED AFTER SALE, TRANSFERRED, PLEDGED, OR HYPOTHECATED UNLESS QUALIFIED AND REGISTERED UNDER APPLICABLE STATE AND FEDERAL SECURITIES LAWS OR UNLESS, IN THE OPINION OF COUNSEL SATISFACTORY TO THE COMPANY, SUCH QUALIFICATION AND REGISTRATION IS NOT REQUIRED. ANY TRANSFER OF THE SECURITIES REPRESENTED BY THIS AGREEMENT IS FURTHER SUBJECT TO OTHER RESTRICTIONS, TERMS AND CONDITIONS WHICH ARE SET FORTH HEREIN.

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