Contract (July 12th, 2007)
SEVERANCE COMPENSATION AGREEMENT dated as of July 9, 2007, between OCharleys Inc., a Tennessee corporation (the Company), and John R. Grady (the Executive).
Contract (July 10th, 2006)
EXHIBIT 10.2 SEVERANCE COMPENSATION AGREEMENT dated as of June 30, 2006, between O'Charley's Inc., a Tennessee corporation (the "Company"), and John R. Grady (the "Executive"). The Company's Board of Directors has determined that it is appropriate to reinforce and encourage the continued attention and dedication of certain members of the Company's senior management, including the Executive, to their assigned duties without distraction in potentially disturbing circumstances arising from the possibility of a change in control of the Company. This Agreement sets forth the severance compensation which the Company agrees it will pay to the Executive if the Executive's employment with the Company terminates under one of the circumstances described herein following a Change In Control of the Company (as defined herein). 1. TERM. This Agreement shall become effective upon the commencement of Executive's employment with the Company. This Agreement shall terminate, excep