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Red Robin Gourmet Burgers, Inc.,
RRGB today announced the appointment of David Makula, the Managing Member and Chief Investment Officer of Oak Street Capital Management, LLC, to its Board of Directors.
The Company also announced it has signed a “Support Agreement” with Oak Street in conjunction with Mr. Makula's appointment to the Board. Under the terms of the Support Agreement, Oak Street has agreed to support Red Robin's anticipated proposals at the 2011 Annual Meeting and to a number of “standstill” agreements through the day following the 2012 Annual Meeting.
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