NASDAQ_TXRH_2018

(coco) #1

this approach provides the Named Executive Officers with a compensation package which promotes the
sustained profitability of the Company and aligns the interests of our Named Executive Officers with
those of our shareholders. The compensation packages also reflect a pragmatic response to external
market conditions; that is, total compensation that is competitive with comparable positions in similar
industries, including the casual dining sector of the restaurant industry, but which is reasonable and in
the best interests of our shareholders.


This structure, along with the culture and values of our Company, allows the Company to attract
and retain top talent, while also encouraging our Named Executive Officers to keep their focus on both
long-term business development and short-term financial growth. The Board was pleased to receive
shareholder approval of the compensation packages of our Named Executive Officers in the advisory
vote at the 2018 annual meeting and again requests approval of the compensation packages of our
Named Executive Officers.


Recommendation


THE BOARD RECOMMENDS THAT SHAREHOLDERS VOTE ‘‘FOR’’ THE EXECUTIVE
COMPENSATION DETAILED IN THIS PROXY STATEMENT.

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