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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 5/04/15 Ignite Restaurant Group, Inc. 10-Q 3/30/15 51:4.7M RDG Filings/FA |
Document/Exhibit Description Pages Size 1: 10-Q Quarterly Report HTML 502K 2: EX-10.1 Material Contract HTML 34K 3: EX-10.2 Material Contract HTML 63K 4: EX-10.3 Material Contract HTML 64K 5: EX-31.1 Certification -- §302 - SOA'02 HTML 27K 6: EX-31.2 Certification -- §302 - SOA'02 HTML 27K 7: EX-32.1 Certification -- §906 - SOA'02 HTML 19K 8: EX-32.2 Certification -- §906 - SOA'02 HTML 19K 34: R1 Document And Entity Information HTML 43K 26: R2 Condensed Consolidated Balance Sheets (Current HTML 106K Period Unaudited) 32: R3 Condensed Consolidated Balance Sheets (Current HTML 37K Period Unaudited) (Parentheticals) 36: R4 Condensed Consolidated Statements of Operations HTML 89K (Unaudited) 47: R5 Condensed Consolidated Statements of Operations HTML 21K (Unaudited) (Parentheticals) 28: R6 Condensed Consolidated Statements of Cash Flows HTML 118K (Unaudited) 31: R7 Note 1 - Basis of Presentation HTML 32K 24: R8 Note 2 - Sale of Macaroni Grill HTML 97K 18: R9 Note 3 - Selected Balance Sheet Accounts HTML 100K 48: R10 Note 4 - Debt Obligations HTML 45K 38: R11 Note 5 - Net Income (Loss) per Share HTML 36K 37: R12 Note 6 - Commitments and Contingencies HTML 25K 42: R13 Note 7 - Income Taxes HTML 24K 43: R14 Note 8 - Segment Information HTML 102K 41: R15 Note 2 - Sale of Macaroni Grill (Tables) HTML 99K 44: R16 Note 3 - Selected Balance Sheet Accounts (Tables) HTML 103K 33: R17 Note 4 - Debt Obligations (Tables) HTML 37K 35: R18 Note 5 - Net Income (Loss) per Share (Tables) HTML 33K 40: R19 Note 8 - Segment Information (Tables) HTML 97K 51: R20 Note 1 - Basis of Presentation (Details) HTML 36K 45: R21 Note 2 - Sale of Macaroni Grill (Details) HTML 25K 29: R22 Note 2 - Sale of Macaroni Grill (Details) - HTML 98K Carrying Amount of Major Classes of Assets and Liabilities with Held for Sale Macaroni Grill 39: R23 Note 2 - Sale of Macaroni Grill (Details) - HTML 50K Significant Items That Comprise Loss from Discontinued Operations, Net of Tax 30: R24 Note 3 - Selected Balance Sheet Accounts (Details) HTML 37K - Components of Other Current Assets 17: R25 Note 3 - Selected Balance Sheet Accounts (Details) HTML 34K - Components of Intangible Assets 46: R26 Note 3 - Selected Balance Sheet Accounts (Details) HTML 56K - Components of Accrued Liabilities 49: R27 Note 4 - Debt Obligations (Details) HTML 139K 21: R28 Note 4 - Debt Obligations (Details) - Summary of HTML 35K Debt Obligations 20: R29 Note 5 - Net Income (Loss) per Share (Details) HTML 27K 22: R30 Note 5 - Net Income (Loss) per Share (Details) - HTML 27K Components to Determine Numerator and Denominators of Basic and Diluted Net Income (Loss) per Share 23: R31 Note 6 - Commitments and Contingencies (Details) HTML 21K 25: R32 Note 7 - Income Taxes (Details) HTML 28K 16: R33 Note 8 - Segment Information (Details) - HTML 71K Reportable Segments 50: XML IDEA XML File -- Filing Summary XML 68K 15: EXCEL IDEA Workbook of Financial Reports XLSX 78K 19: EXCEL IDEA Workbook of Financial Reports (.xls) XLS 682K 9: EX-101.INS XBRL Instance -- irg-20150330 XML 811K 11: EX-101.CAL XBRL Calculations -- irg-20150330_cal XML 131K 12: EX-101.DEF XBRL Definitions -- irg-20150330_def XML 460K 13: EX-101.LAB XBRL Labels -- irg-20150330_lab XML 695K 14: EX-101.PRE XBRL Presentations -- irg-20150330_pre XML 444K 10: EX-101.SCH XBRL Schema -- irg-20150330 XSD 122K 27: ZIP XBRL Zipped Folder -- 0001437749-15-008806-xbrl Zip 95K
irg20150330_10q.htm |
Exhibit 10.1
Brad A. Leist
27431 Villa Mountain Court
Dear Brad:
It is my pleasure to extend the following offer of employment to you on behalf of IGNITE RESTAURANT GROUP, INC (the “Company”). Details of the offer:
Title: |
Chief Financial Officer |
Key Responsibilities:
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Supervise all Company accounting practices, budget preparations, financial reporting, and tax and audit functions; |
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Direct financial strategy, planning and forecasting; |
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Lead Company treasury functions; |
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Manage relationships with analysts and investors; |
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Prepare and communicate analyses indicating performance strengths and weaknesses of the organization and each of its operating brands. |
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This list of key responsibilities is not all inclusive, and is subject to change at the discretion of the Chief Executive Officer or the Board of Directors. |
Supervisor: |
Ray Blanchette, President and Chief Executive Officer |
Base Salary: |
You will be paid $10, 576.92, which annualizes to $275,000 subject to deductions for taxes and other withholdings as required by or policies of the Company. |
Targeted Bonus: |
50% of base salary based on achieving individual and Company performance goals. |
Equity Award: |
The Compensation Committee has recommended and the Board of Directors has approved a grant of 25,000 SARS and 15,000 restricted shares of “IRG,” with 25% annual vesting on the annual anniversary date of the grant. The issue price will be the closing price of “IRG” on the NASDAQ on April 16, 2015. Please note that there are restrictions on this grant. |
Severance Protection: |
If your employment with the Company is terminated by the Company without Cause, and subject to your execution of a general release of all claims and rights that you may have against the Company and its affiliates and their respective officers, directors, and employees, the Company will pay you an amount equal to your then current base salary for a period of nine (9) months, according to the payroll payment dates in effect as of the date of termination. |
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“Cause,” as used herein, means termination of your employment because of (i) fraud; (ii) material misrepresentation not including any exercise of business judgment in good faith relating to the performance of your duties to the Company; (iii) material failure to follow the Company’s conduct and ethics policies that have been provided or made available to you; and/or (iv) your material breach of this Agreement. |
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The Company guarantees that this Severance Protection benefit will remain in place in the event of a Change of Control. |
Paid Time Off (PTO) |
Upon your first day as Chief Financial Officer, you will begin accruing vacation days that you may use at any time during the year. During your first year, you will earn vacation days at an annual rate of twenty (20) days. In addition, each year you will receive three (3) sick days and three (3) personal days. Further, the Company recognizes nine paid holidays. |
Benefits: |
You are eligible for the Company’s Health/Welfare Benefits Plan containing standard benefits including medical, life, dental, LTD, and Flexible Spending Accounts (Section 125) as per Company policy. |
Phone Allowance: |
You will receive an annual communication allowance of $2,000. |
Additional Executive Benefits: |
100% Dining Discount at all Ignite Restaurants for your and your guests. |
Start Date: |
This offer letter represents the entire agreement between you and IGNITE RESTAURANT GROUP, INC. This offer letter is not a contract of employment guaranteeing any set length of employment. The Company is an at-will employer. You and IGNITE RESTAURANT GROUP, INC. have the right to terminate the relationship at any time, with or without cause.
Your signature below indicates your agreement to all of the aforementioned terms.
Best Regards,
President & Chief Executive Officer
Agreed and acknowledged:
Printed name: |
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Signature: |
/s/ Brad Leist |
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Date: | 4/17/15 |
Page 3 of 3
This ‘10-Q’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on: | 5/4/15 | 8-K | ||
4/17/15 | 4, 8-K | |||
4/16/15 | ||||
For Period end: | 3/30/15 | |||
List all Filings |