Champps Entmt Inc – Private and Confidential Stephen F. Edwards Chairman of the Special Committee of the Board Champps Entertainment, Inc. 10375 Park Meadows Drive Suite 560 Littleton, CO 80124 Dear Stephen: (January 17th, 2007)
Following up on our prior correspondence and discussions in which I advised you that Kinderhook Industries, LLC ("Kinderhook"), wishes to pursue an acquisition (the "Transaction") of the business and operations of Champps Entertainment, Inc. ("CMPP"), we are providing this letter to provide CMPP with a revised proposal for a Transaction as outlined below (the "Revised Proposal"). This Revised Proposal is still subject to our satisfactory completion of the confirmatory due diligence outlined below and of legal documentation. Nevertheless, assuming we receive our diligence requests and are granted access to requested personnel and assets in a timely manner, we are confident that we will complete our confirmatory due diligence and be in a position to sign a purchase agreement within 4-6 weeks of your acceptance of this Revised Proposal and that, subject to receipt of necessary third party consents, the Transaction will close by April 15, 2007 (the "Closing").
Champps Entmt Inc – Employment Agreement (August 18th, 2005)
This agreement is between Champps Entertainment, Inc., (the Company) and Richard Scanlan (Employee), and shall be effective as of August 17, 2005 (the Effective Date).