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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
September 22, 1998
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(Date of Report - Date of earliest event reported)
The Restaurant Company
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(Exact name of registrant as specified in its charter)
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Delaware 333-57925 62-1254388
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(State or other jurisdiction of incorporation (Commission file number) (I.R.S. employer identification no.)
or organization)
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6075 Poplar Avenue, Suite 800, Memphis, Tennessee 38119-4709
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(Address of principal executive offices)
901-766-6400
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On September 22, 1998, Richard K. Arras, President and Chief Operating Officer
of Perkins Management Company, Inc. ("PMC"), the general partner of Perkins
Family Restaurants, L.P. ("PFR"), a 100% indirectly owned subsidiary of The
Restaurant Company ("TRC"), resigned. Donald N. Smith, Chairman and Chief
Executive Officer of PMC and TRC, will oversee the company until a successor is
named.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibits - Reference is made to the Index of Exhibits attached hereto as page 3
and made a part hereof.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE RESTAURANT COMPANY
By: /s/ Steven R. McClellan
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Steven R. McClellan
Vice President
Chief Financial Officer
DATE: October 2, 1998
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Exhibit Index
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Exhibit No. Description
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10.1 Press release dated September 22, 1998 announcing the
resignation of Richard K. Arras as President and Chief
Operating Officer of Perkins Family Restaurants, L.P.
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Exhibit 10.1
ARRAS RESIGNS PERKINS(R) FAMILY RESTAURANTS POST
FOR IMMEDIATE RELEASE
Contact: Donald N. Smith
Chairman and Chief Executive Officer
901-766-6400
MEMPHIS, TN, September 22, 1998 ---- Perkins Family Restaurants today announced
that Richard K. Arras, President and Chief Operating Officer, will leave the
company to assume the same post at Cracker Barrel Restaurants.
"Rick has been with our company for over 19 years and has served us well. During
the past 10 years as President and Chief Operating Officer, he has established
Perkins as an innovator in the family segment and has put the company on a path
of growth and success. We expect to build upon Perkins success with the strong
team of talented officers, owners and managers that are the backbone of our
brand," said Donald N. Smith, Chairman and Chief Executive Officer.
Smith will oversee the company until Arras' successor is named.
Perkins Family Restaurants currently owns and operates 139 Perkins Family
Restaurants and franchises an additional 355 restaurants in 35 states and 5
Canadian provinces. Additional information about the company is available on the
Worldwide Web at http://www.perkinsrestaurants.com.
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