Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 20, 2012, Good Times Restaurants Inc. (the "Company") received notice from Keith A. Radford of his resignation from the Company's Board of Directors and his related responsibilities on the Audit and Compensation Committees, to be effective June 30, 2012.

Mr. Radford recently stepped down as Chief Financial Officer of Terra Nova Pub Group Ltd., Elephant & Castle Group Inc., and Massachusetts Pub Group LLC and has tendered his resignation from the Company's Board of Directors in connection with this change in his employment and not due to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

Mr. Radford was initially appointed as a director of the Company on December 13, 2010 as a designee of Small Island Investments Limited ("SII"), pursuant to the Securities Purchase Agreement dated October 29, 2010 between the Company and SII. SII has informed the Company that it intends to designate a successor to Mr. Radford prior to the June 30, 2012 effective date of his resignation or as soon as practicable thereafter, which designation will be subject to approval by our Board of Directors. It is anticipated that Mr. Radford's successor will be an independent director under the applicable NASDAQ listing standards and an audit committee financial expert, as that term is defined by SEC rules and that such individual will succeed Mr. Radford on the Audit Committee.