In 1999, the company entered into an agreement on the development and operation of Roys restaurants. In accordance with the Roys` agreement, the company paid a consulting fee of approximately US$1,800,000 to Roy Yamuguchi, the founder of Roys. See Debt Guarantees section in the debate on the management and analysis of the financial situation and the results of the transaction. Other Outback Steakhouse restaurants, where the company has no direct investment, are operated under franchise agreements. When I interviewed for the job, the CEO personally did not give me any new equipment. When I was hired, I did not receive a new staff manual.   I was told it was because the restaurant ran out of supplies the day I started.   I didn`t sign anything with respect to tipping or tipping pools, and I was never asked to sign a tip-out agreement that defined how to distribute the tip-out.   In addition, I was not informed of the person who received funds from the tipp-out or the allocation of funds. The company employs approximately 59,000 people, including about 300 employees of Outback Steakhouse, Inc. About 2,500 are restaurant executives and the rest every hour. Of the company`s 300 or so employees, about 50 are in management and 250 in administration or office.

None of the company`s employees are covered by a collective agreement. Since the company`s inception, the company has required its executives to enter into a five- to seven-year employment contract and to pay the company the right to obtain a percentage of their restaurants` annual cash flow for the duration of the agreement. After the conclusion of the employment contract, the company generally grants managers stock options equal to an amount prescribed by its formula in its employment contract. Stock option grants under this plan are issued at the company`s weighted average closing price for the previous three months and may be exerciseable for up to 10 years. Options expire five years after options become exerciseable. In May 1995, the company, through its wholly owned subsidiary Outback Steakhouse International, Inc., a Florida company, entered into an agreement with Connerty International, Inc. to create Outback Steakhouse International, L.P., a Georgia Limited In October 1999, the company acquired through its wholly owned subsidiary Prime, Inc., a Florida-based company, three restaurants at Flemings PrimeHouse and Wine (Barmings). At the same time, the company has reached an agreement with the founders of Flemings on the development and operation of other Flemish people around the world.

Flemings is an excellent casual steakhouse format that serves only dinners and offers first-class beef and seafood dishes, pork, veal and chicken, and offers a selection of over 100 quality wines in the glass.