Hometown Buffet Inc Watch

from 10-Q ~50 pages Agreement and Plan of Merger

from 10-Q 1 page Hometown Buffet, Inc. 1996 Executive Bonus Plan the Plan - - The 1996 Executive Bonus Plan Is Based on Total Consolidated Income, the "Earnings Before Income Taxes" Calculation. the Components of This Calculation Include: 1. Results of Restaurant Operations. 2. General and Administrative Expenses. 3. Preopening Expenses. 4. Interest Income and/or Expense. 5. Miscellaneous Income and/or Expense. 6. Franchise Income and/or Expense. the 1996 Executive Bonus Plan Starts on the First Day of the First Quarter of Fiscal 1996. How Bonuses Are Earned - - 1. in Order to Earn a Bonus, Actual Earning Before Income Taxes Must Equal or Exceed 80% of the 1996 Budgeted Pre-Tax Income on a Quarterly Basis. 2. if Quarterly Earnings Before Income Taxes Do Not Equal or Exceed 80% of the 1996 Budgeted Pre-Tax Income, No Bonus Is Earned for the Quarter. However, if by Year-End, Cumulative Earnings Exceed the 80% Criteria, an Annual Bonus Is Earned. How Bonuses Are Paid Out - - 1. 50% of the Bonus Earned Will Be Paid Out Quarterly. the Other 50% Will Be Paid Out on Cumulative Earnings for the Year After the End of the Fiscal Year Based on Audited Year-End Results. 2. Total Bonus Payouts for the Fiscal Year Are Capped at 50% of Current Base Salary. Bonus Plan Participants - - Employee Bonus Rate* - - C. Dennis Scott 1.0 Neal L. Wichard 1.0 Kerry A. Kramp 0.5 Glenn E. Glasshagel 0.5 Ronald S. McArthur 0.5 K. Michael Shrader 0.25 David Goronkin 0.25 * - Percent of Pre-Tax Income

from 10-Q ~10 pages 1991 Stock Incentive Plan