OBH Inc. Watch

from S-8 19 pages The Steak N Shake Non-Qualified Savings Plan Amended and Restated as of March 15, 2010

from S-8 15 pages Articles of Amendment

from 8-A12B/A 5 pages The Steak N Shake Company 14% Subordinated Debenture Due 2015 Interest Payment Dates: June 30 and December 31 Record Dates: June 15 and December 15

from 8-A12B/A 45 pages Indenture Dated as of March 30, 2010 Between the Steak N Shake Company and Wells Fargo Bank, National Association, as Trustee 14% Subordinated Debentures Due 2015

from 10-Q 4 pages August 11, 2008 the Steak N Shake Company 500 Century Building 36 South Pennsylvania Street Indianapolis, Indiana 46204 Attention: Chief Financial Officer Re: Amendment No. 8 to Amended and Restated Note Purchase and Private Shelf Agreement the Company Has Requested That Prudential Waive the Existing Events of Default. the Company Has Further Requested That the Holders Agree to Amend the Note Agreement as More Particularly Set Forth Below. Subject to the Terms and Conditions Hereof, the Holders Are Willing to Agree to Such Requests. Accordingly, and in Accordance With the Provisions of Paragraph 11c of the Note Agreement, the Parties Hereto Agree as Follows

from 10-K 3 pages The Steak N Shake Company 500 Century Building 36 South Pennsylvania Street Indianapolis, Indiana 46204 Attention: Chief Financial Officer Re: Amendment No. 6 to Amended and Restated Note Purchase and Private Shelf Agreement Section 1. Amendment. From and After the Date This Letter Becomes Effective in Accordance With Its Terms, the Note Agreement Is Amended as Follows: 1.1 Paragraph 6a of the Note Agreement Is Amended in Its Entirety to Read as Follows

from 10-K 3 pages The Steak N Shake Company 500 Century Building 36 South Pennsylvania Street Indianapolis, Indiana 46204 Attention: Chief Financial Officer Re: Amendment No. 5 to Amended and Restated Note Purchase and Private Shelf Agreement Section 1. Amendment. From and After the Date This Letter Becomes Effective in Accordance With Its Terms, the Note Agreement Is Amended as Follows: 1.1 Paragraph 6a of the Note Agreement Is Amended in Its Entirety to Read as Follows: “6a. Debt Service Coverage Ratio. the Company Will Not Permit the Debt Service Coverage Ratio to Be Less Than (I) 1.05 to 1.00 at Any Time During the Period Beginning September 26, 2007 and Ending July 2, 2008 and (II) 1.25 to 1.00 at Any Other Time.” 1.2 the Proviso Appearing at the End of Paragraph 6c(2) (Debt) of the Note Agreement Is Amended in Its Entirety and the Following Is Hereby Substituted Therefor

from 8-K ~1 page First Amendment to Rights Agreement Between the Steak N Shake Company and Computershare Investor Services, LLC, as Rights Agent

from 10-K 1 page The Steak N Shake Company 500 Century Building 36 South Pennsylvania Street Indianapolis, Indiana 46204 Attention: Chief Financial Officer Re: Amendment No. 1 to Amended and Restated Note Purchase and Private Shelf Agreement Dated as of September 20, 2002 Ladies and Gentlemen

from 10-K ~50 pages $75,000,000 Private Shelf Facility Dated as of September 20, 2002

from 10-Q 1 page Indenture or similar

from 8-K ~50 pages Indenture or similar

from 10-Q ~5 pages Indenture or similar

from 10-Q 1 page Indenture or similar

from 10-Q 1 page Indenture or similar

from 10-Q 1 page Indenture or similar

from 10-Q 1 page Indenture or similar

from 10-K 1 page Indenture or similar

from S-8 ~5 pages Indenture or similar

from 10-Q 1 page Exhibit 4.06 - Amend No 1 to Note Purchase