August 16, 2006 Mr. Richard Scanlan 31260 W. Somerset Circle Green Oaks, Illinois 60048 Dear Rich:Letter Agreement • August 22nd, 2006 • Champps Entertainment Inc • Retail-eating & drinking places • Colorado
This letter agreement (the “Agreement”) confirms the agreement that you and Champps Entertainment, Inc. (the “Company”) have reached regarding the resignation of your current position as Chief Operating Officer and Vice President and the amendment and restatement of your existing employment agreement and the surrender of all rights to any restricted stock granted thereunder in consideration of your continued employment by becoming a director of operations/market partner for the Minnesota and Illinois Champps Americana locations and entering into the Bonus Buy-In Agreement and the Amended and Restated Employment Agreement both of even date. The purpose of the Agreement is to establish the consensual nature of this arrangement whereby you are surrendering your position as Chief Operating Officer and Vice President of the Company and surrendering all related benefits, rights and obligations under the Employment Agreement dated August 17, 2005 and entering into a Bonus Buy-In Agreement and
