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Quotes & Info
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| CAKE > SEC Filings for CAKE > Form 8-K on 13-Nov-2012 | All Recent SEC Filings |
13-Nov-2012
Change in Directors or Principal Officers
On February 11, 2010, The Cheesecake Factory Incorporated (the "Company") entered into an employment agreement (the "Employment Agreement") with Michael E. Jannini, our President. The initial term of the Employment Agreement was two years commencing on February 16, 2010, with automatic one-year extensions on each anniversary date (beginning on the second anniversary date) unless either of the parties gives notice not to extend at least 90 days prior to the expiration date. The Employment Agreement was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K with the Securities and Exchange Commission on February 17, 2010, and the description of the Employment Agreement contained in such filing is incorporated herein by reference.
On November 12, 2012, the Company gave written notice to Mr. Jannini that the Employment Agreement will not be automatically renewed and will expire when the current term expires on February 15, 2013. The notice provided to Mr. Jannini is a notice of non-renewal of the Employment Agreement only and does not terminate Mr. Jannini's employment with the Company.
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