SETTLEMENT AGREEMENTSettlement Agreement • September 27th, 2002 • Austins Steaks & Saloon Inc • Retail-eating places • Delaware
Contract Type FiledSeptember 27th, 2002 Company Industry JurisdictionTHIS AGREEMENT is made and entered into as of the day of September 2002, by and among Titus W. Greene, G. Thomas Cliett, Thomas M. Hontzas and Charles W. Mantooth (collectively, the "Austins Group"), Austins Steaks & Saloon, Inc., a corporation organized and existing under the laws of Delaware (the "Company"), and Victor F. Foti, J. Carson Quarles, Stanley L. Bozeman, Jr., J. Alan Cowart, Paul C. Schorr, III, Roger D. Sack, A. Jones Yorke, Ronald G. Stancill and William E. Proffitt (collectively, the "Incumbent Directors").