Exhibit (a)(1)Q) Stock Option Exchange

�Safe Harbor� Statement The stock option exchange program described in the presentation is dependent upon market conditions. If market conditions materially change, the Board reserves the right to modify the program. Any modifications would be communicated to you. This is a voluntary program. We are not recommending whether you should participate, but rather providing you with this presentation to further explain the program. Any hypothetical examples used in this presentation are for illustrative purposes only. The Stock Option Exchange Website contains important information about the option exchange program, including documents we filed with the SEC, such as the Offer to Exchange. You should read this information and the documents we have filed with the SEC before deciding whether to exchange your eligible options.

Presentation Objectives: Stock Option Overview Purpose of the Exchange Program How the Exchange Program Works Certain Terms and Conditions of the Replacement Option Grants How to Participate 3

Why Does the Board Give Us Equity? Retain and motivate talent Ensure alignment with shareholder interests Motivate employees to work toward Sonic�s success Reward employees� contributions by allowing them to benefit from increases in our stock price 4

Why the �Status Quo� Isn�t Working? Stock market has seen significant decline in the past 18 months Sonic�s performance has not been strong enough to overcome market pressures We have many �underwater� stock options that could require a long time to return value to option holders 5

What Are We Doing About It? Offering a Stock Option Exchange Program! Allows eligible option holders the opportunity to exchange options with a high exercise price for a lesser amount of options at a reduced (i.e. closer to �in-the-money�) exercise price 6

Purposes of the Exchange Program Voluntary, one-time opportunity to surrender eligible �underwater� stock options in exchange for a lesser amount of replacement stock options with a lower exercise price Provide employees motivation to work toward our success Reward our employees� contributions by allowing them to benefit from increases in our stock price 7

Terms of Exchange Program Eligible Options Exercise price greater than $15.00 Your eligible options will be listed on Stock Option Exchange Website 8

You Are an Eligible Employee if: You hold Eligible Options You are actively employed on the date the Exchange Program began (March 31, 2010) and remain actively employed through the date the replacement options are granted (expected to be April 29, 2010) Members of Sonic�s senior management team and members of the Board of Directors are excluded from participating 9

Replacement Options Exchange ratio less than one to one Exercise price will be 110% of closing price on Exchange Offer expiration date. If Sonic�s closing price is $11.00 on the expiration date, the exercise price for replacement options will be $12.10 (110% of $11.00) Retain expiration date of original options New vesting schedule: For vested options � one year from the Exchange Offer expiration date For unvested options � current vesting schedule extended one year 10

VESTING EXAMPLE (based on April 29 closing date) For example, options granted January 10, 2008: 1/3 of the options that vested on January 10, 2009 will vest April 29, 2011 1/3 of the options that vested on January 10, 2010 will vest April 29, 2011 1/3 of the options that are scheduled to vest on January 10, 2011 will vest on January 10, 2012 11

Exchange is on �Grant-by-Grant� Basis You may elect to surrender eligible stock options from one grant but not another You must surrender all eligible options in the grant selected for exchange 12

How Does it Work? The exchange ratio will follow the table below: Exercise Price Of Eligible Option ($) Exchange Ratio Example 16.34 1.35 to 1 74 New Options issued in exchange for 100 Eligible Options (100 divided by 1.35) 19.30 to 21.14 1.70 to 1 58 New Options issued in exchange for 100 Eligible Options (100 divided by 1.70) 21.65 to 22.24 1.95 to 1 51 New Options issued in exchange for 100 Eligible Options (100 divided by 1.95) 22.54 to 24.81 2.10 to 1 47 New Options issued in exchange for 100 Eligible Options (100 divided by 2.10)

Breakeven Stock Price Defined: The eventual stock price at exercise at which an eligible employee would receive an equal gain whether or not the employee participates in the exchange offer. Below this stock price, employees would receive greater value by participating in the exchange offer Above this stock price, employees would receive greater value if they retain their eligible options 14

Assumptions for Breakeven Calculation The exercise price of the replacement options is $12.28 The employee will be with Sonic long enough for all options to vest All replacement options in the grant are exercised at once The breakeven stock price is reached before the replacement option expires Does not take into account any present value or discount factor to differentiate option exercises at different points in time Does not take into account an eligible employee�s individual tax status and circumstances 15

Formulas for Breakeven Calculation (Eligible Options x Eligible Option Exercise Price)� (Replacement Options x Replacement Option Exercise Price) Eligible Options � Replacement Options or (Exchange Ratio x Eligible Option Exercise Price) � Replacement Option Exercise Price Exchange Ratio - 1 16

Breakeven Stock Prices by Current Exercise Price Exercise Price Exchange Breakeven Stock Price Of Eligible Ratio Options $16.34 1.35 to 1 $27.95 $19.30 1.70 to 1 $29.33 $19.34 1.70 to 1 $29.43 $19.72 1.70 to 1 $30.35 $20.69 1.70 to 1 $32.71 $21.07 1.70 to 1 $33.63 $21.14 1.70 to 1 $33.80 $21.65 1.95 to 1 $31.52 $21.83 1.95 to 1 $31.89 $22.21 1.95 to 1 $32.67 $22.24 1.95 to 1 $32.73 $22.54 2.10 to 1 $31.87 $22.98 2.10 to 1 $32.71 $23.08 2.10 to 1 $32.90 $24.81 2.10 to 1 $36.20 17

Breakeven Stock Prices Subject to the stated assumptions, Sonic stock would have to reach $27.95 or more for any of the eligible stock option grants to provide higher potential gains than the replacement options 18

Breakeven Stock Prices (continued) If exercise price of replacement options is higher than $12.28 � breakeven price will be lower If exercise price of replacement options is lower than $12.28 � breakeven price will be higher 19

Why You Should Consider the Exchange Program With strong performance, your replacement options should have more value in the nearer-term New exercise price is more achievable based on current market conditions This will get us even more focused on creating tremendous shareholder value for years to come

How to Make an Election to Exchange: You have received by email Exchange Offer information and instructions You will be required to make an election on a grant-by-grant basis to participate Elections will be made via a Stock Option Exchange Offer Website at https://sonic.equitybenefits.com Personal questions may be directed by email to optionexchquestions@sonicdrivein.com or 405) 225-5250, available from 8:00 a.m. to 4:00 p.m., Central Time, Monday though Friday

Timeline Your final elections must be received prior to the Exchange Program deadline of 4:00 p.m. Central Time, April 29, 2010 Your final elections received as of the Exchange Program deadline will supersede any previous elections 22

One More Thing� We must ensure Sonic�s strong performance in order to create value for our shareholders. Achieving strong results is the only thing that will make this program meaningful for both our employees and stockholders.

Questions?