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EXHIBIT 1
JOINT FILING AGREEMENT
(PURSUANT TO RULE 13D-1(F))
In accordance with Rule 13d-1(f) promulgated under the Securities
Exchange Act of 1934, as amended, the persons named below agree to the joint
filing on behalf of each of them of a Statement on Schedule 13D (including
amendments thereto) with respect to the Common Stock of Shoney's, Inc., and
further agree that this Joint Filing Agreement expressly authorizes Courage
Capital Management, LLC to file on such party's behalf any and all amendments to
such Statement. Each such party undertakes to notify Courage Capital Management,
LLC of any changes giving rise to an obligation to file an amendment to Schedule
13D and it is understood that in connection with this Statement and all
amendments thereto, each such party shall be responsible only for information
supplied by such party.
In evidence thereof, the undersigned, being duly authorized, hereby
execute this Agreement this 16th day of July, 2000.
Courage Capital Management, LLC for
itself and as General Partner of
Courage Special Situation Fund, LP, and
V-One Opportunity Fund, LP
By: /s/ Richard C. Patton
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Richard C. Patton
Chief Manager
/s/ Richard C. Patton
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Richard C. Patton
/s/ Donald M. Farris
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Donald M. Farris
