-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Oaby9Pz3eNAoDuz7tYaQQWeUNd/Pz3nGG6lxLNfXDNSRxOPkOKkSgl+gvs1kdiPI by6QdXszdsY/A3SPRsWYTg== 0001188112-05-001816.txt : 20051020 0001188112-05-001816.hdr.sgml : 20051020 20051020164730 ACCESSION NUMBER: 0001188112-05-001816 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051017 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051020 DATE AS OF CHANGE: 20051020 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BENIHANA INC CENTRAL INDEX KEY: 0000935226 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 650538630 STATE OF INCORPORATION: DE FISCAL YEAR END: 0328 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26396 FILM NUMBER: 051147790 BUSINESS ADDRESS: STREET 1: 8685 NW 53RD TERRACE CITY: MIAMI STATE: FL ZIP: 33166 BUSINESS PHONE: 3055930770 MAIL ADDRESS: STREET 1: 8685 NW 53RD TERRACE CITY: MIAMI STATE: FL ZIP: 33166 8-K 1 t8k-7989.txt 8-K SECURITIES AND EXCHANGE COMMISSION FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (date of earliest event reported): October 17, 2005 BENIHANA INC. ----------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-26396 65-0538630 - ------------------------------ ------------------- ----------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 8685 Northwest 53rd Terrace, Miami, Florida 33166 - --------------------------------------------------- ---------------- (Address of principal executive offices) (Zip Code) - -------------------------------------------------------------------------------- Registrant's telephone number, including area code: (305) 593-0770 - -------------------------------------------------------------------------------- None ----------------------------------------------------------- Former name or former address, if changed since last report Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): |_| Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425) |_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12) |_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c)) - -------------------------------------------------------------------------------- ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On October 17, 2005, Benihana Inc. and Juan C. Garcia entered into an amendment (the "Amendment") to Mr. Garcia's employment agreement dated September 1, 2003. Pursuant to the Amendment, effective June 20, 2005, Mr. Garcia will act as Benihana's Senior Vice President - Chief Operating Administrative Officer and his annual salary will be increased to $140,000. In addition, the Amendment extends Mr. Garcia's employment period through March 31, 2009. The description of the Amendment is qualified in its entirety by reference to the copy of the Amendment filed as Exhibit 10.01 hereof, which is incorporated by reference herein. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibit 10.01. Amendment No. 1 dated October 17, 2005 to Employment Agreement dated September 1, 2003 between Juan C. Garcia and Benihana Inc. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BENIHANA INC. Dated: October 20, 2005 By: /s/ Michael R. Burris ---------------------------- Michael R. Burris Senior Vice President of Finance and Treasurer EX-10.01 2 tex10_01-7989.txt EX-10.01 AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT Amendment No. 1 dated October 17, 2005 to Employment Agreement dated September 1, 2003 (the "Agreement") by and between BENIHANA INC. and JUAN C. GARCIA. Unless otherwise defined herein, capitalized terms shall have the respective meanings assigned to them in the Agreement. The parties agree that the Agreement shall be amended as follows: The first paragraph of the Recitals of the Agreement is amended by modifying such paragraph to read in its entirety as follows: "The Employee is, and has been for some years, employed by the Company as its Vice President/Comptroller; and the Company is desirous of continuing the employment of Employee in the capacity of Senior Vice President - Chief Operating Administrative Officer, and Employee is desirous of continuing to be employed by the Company in such capacity on the terms and conditions hereinafter set forth." Section 1 of the Agreement is amended by modifying such section to read in its entirety as follows: "1. ENGAGEMENT AND TERM. The Company hereby continues to employ Employee and Employee hereby accepts such continued employment by the Company on the terms and conditions set forth herein, for a period commencing on the date hereof (the "Effective Date"), and ending, unless sooner terminated in accordance with the provisions of Section 4 hereof, on March 31, 2009 (the "Employment Period")." Section 2 of the Agreement is amended by modifying the first sentence of such section to read in its entirety as follows: "2. SCOPE OF DUTIES. Effective June 20, 2005, Employee shall be employed by the Company as its Senior Vice President - Chief Operating Administrative Officer." Section 3 of the Agreement is amended by modifying such section to read in its entirety as follows: "3.1 BASIC COMPENSATION. In respect of services to be performed by the Employee during the Employment Period, effective June 20, 2005, the Company agrees to pay the Employee an annual salary of One Hundred Forty Thousand Dollars ($140,000) ("Basic Compensation"), payable in accordance with the Company's customary payroll practices for executive employees." Section 7 of the Agreement is amended by modifying the second sentence of such section to read in its entirety as follows: "The Employee shall receive an allowance of $300 per month for automobile expenses, including the lease costs or purchase price, gasoline, oil and garaging." Except as modified herein, the Agreement remains in full force and effect in accordance with its terms without revocation or change. IN WITNESS WHEREOF, the undersigned have executed this Amendment No.1 as of the date and year first above written. BENIHANA INC. By: /s/ Joel Schwartz --------------------------- Joel Schwartz, President /s/ Juan C. Garcia ------------------------------ JUAN C. GARCIA -----END PRIVACY-ENHANCED MESSAGE-----