ContractTransition Agreement and General • May 5th, 2020 • Tennessee
Contract Type FiledMay 5th, 2020 JurisdictionEX-10.1 2 g17622exv10w1.htm EX-10.1 Exhibit 10.1 TRANSITION AGREEMENT AND GENERAL RELEASE THIS TRANSITION AGREEMENT AND GENERAL RELEASE (this “Agreement”) is made and entered into this 12th day of February, 2009 (the “Termination Date”), by and between Gregory L. Burns (hereinafter referred to as “Mr. Burns”) and O’Charley’s Inc. and its subsidiaries, affiliates and related entities, with a principal office of 3038 Sidco Drive, Nashville, Tennessee 37204 (as more fully defined in Paragraph 2 below, “O’Charley’s”). WITNESSETH: WHEREAS, Mr. Burns is the Chairman of the Board, President and Chief Executive Officer of O’Charley’s Inc.; and WHEREAS, Mr. Burns has announced his intention to terminate his employment with O’Charley’s Inc. and its subsidiaries and related entities; and WHEREAS, the O’Charley’s Inc. Board of Directors (“Board”) desires to provide for a smooth and orderly transition of the Chief Executive Officer position and, to that end, has requested that Mr. Burns continue to