NOODLES & Co
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
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FY2024 · Filed Mar 7, 2025
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Item 15. Exhibits, Financial Statement Schedules
Our Consolidated Financial Statements and Notes thereto are included in Item 8, “Financial Statements and Supplementary Data,” of this Annual Report on Form 10-K.
All financial schedules have been omitted either because they are not applicable or because the required information is provided in our Consolidated Financial Statements and Notes thereto, included in Item 8 of this Annual Report on Form 10-K.
The Index to Exhibits is incorporated herein by reference and is filed as part of this 10-K.
EXHIBITS
| Description of Exhibit Incorporated Herein by Reference | |||||
|---|---|---|---|---|---|
| Exhibit Number · Exhibit Description · Form · File No. · Filing Date · Exhibit Number · Filed Herewith | |||||
| 3.1 | Amended and Restated Certificate of Incorporation | S-1 | 333-192402 | November 19, 2013 | 3.1 |
| 3.2 | Second Amended and Restated Bylaws | 8-K | 001-35987 | August 24, 2015 | 3.1 |
| 4.1 | Specimen Stock Certificate | S-1/A | 333-188783 | June 17, 2013 | 4.1 |
| 4.2 | Certificate of Designations for Series A Convertible Preferred Stock | 8-K | 001-35987 | February 9, 2017 | 4.1 |
| 4.3 | Form of Warrant to Purchase Class A Common Stock | 8-K | 001-35987 | February 9, 2017 | 4.2 |
| 4.4 | Description of Securities | 10-K | 001-35987 | February 26, 2021 | 4.4 |
| 10.1 | Noodles & Company Amended and Restated 2010 Stock Incentive Plan | S-1/A | 333-188783 | June 17, 2013 | 10.1 |
| 10.2 | Noodles & Company 2013 Employee Stock Purchase Plan | S-1/A | 333-188783 | June 17, 2013 | 10.2 |
| 10.3 | Amended and Restated Credit Agreement dated July 27, 2022, by and among Noodles & Company, each of the Guarantors signatory thereto, U.S. Bank National Association, as Administrative Agent, L/C Issuer and Swing Line Issuer and the lenders signatory thereto | 8-K | 001-35987 | July 27, 2022 | 10.1 |
| 10.4 | First Amendment to Amended and Restated Credit Agreement, dated as of December 21, 2023, by and among Noodles & Company, each of the Guarantors signatory thereto, U.S. Bank National Association, as Administrative Agent, L/C Issuer and Swing Line Issuer and the lenders signatory thereto | 8-K | 001-35987 | December 26, 2023 | 10.1 |
| 10.5 | Second Amendment to Amended and Restated Credit Agreement, dated as of October 29, 2024, by and among Noodles & Company, each of the Guarantors signatory thereto, U.S. Bank National Association, as Administrative Agent, L/C Issuer and Swing Line Issuer and the lenders signatory thereto | 8-K | 001-35987 | October 30, 2024 | 10.1 |
| 10.6 | Security Agreement, dated May 9, 2018, by and between Noodles & Company and U.S. Bank National Association, as administrative agent | 10-Q | 001-35987 | May 11, 2018 | 10.2 |
| 10.7 | Pledge Agreement, dated May 9, 2018, by and between Noodles & Company and U.S. Bank National Association, as administrative agent | 10-Q | 001-35987 | May 11, 2018 | 10.3 |
| 10.8 | Form of Indemnification Agreement by and between Noodles & Company and each of its directors | S-1/A | 333-188783 | June 17, 2013 | 10.15 |
| 10.9 | Form of Area Development Agreement | 10-K | 001-35987 | February 24, 2015 | 10.9 |
| 10.10 | Form of Franchise Agreement | 10-K | 001-35987 | February 24, 2015 | 10.10 |
| 10.11* | Form of Stock Option Agreement (Nonqualified Stock Options) | 10-Q | 001-35987 | November 9, 2017 | 10.7 |
| 10.12* | Form of Restricted Stock Unit Agreement | 10-Q | 001-35987 | November 9, 2017 | 10.8 |
| 10.13* | Form of Restricted Stock Unit Agreement for Nonemployee Directors | 10-Q | 001-35987 | November 9, 2017 | 10.9 |
| 10.14* | The Executive Nonqualified “Excess” Plan Adoption Agreement, adopted by Noodles & Company on May 16, 2013 | S-1/A | 333-188783 | June 17, 2013 | 10.22 |
| 10.15 | Letter Agreement, dated February 15, 2017, between Noodles & Company and Mill Road Capital Management LLC | 8-K | 001-35987 | March 14, 2017 | 10.2 |
| 10.16 | Securities Purchase Agreement, dated March 13, 2017, between Noodles & Company and Mill Road Capital Management LLC | 8-K | 001-35987 | March 14, 2017 | 10.1 |
| 10.17* | Amended and Restated Noodles & Company Compensation Plan for Non-Employee Directors, dated December 12, 2018 | 10-K | 001-35987 | March 15, 2019 | 10.34 |
| 10.18* | Compensation Plan for Non-Employee Directors Amended and Restated September 19, 2019 | 10-Q | 001-35987 | June 17, 2020 | 10.2 |
| 10.19* | Form of 2020 Performance Restricted Stock Unit Agreement | 10-K | 001-35987 | February 26, 2020 | 10.35 |
| 10.20* | Employment Agreement, dated October 27, 2020, between Noodles & Company and Brad West | 10-Q | 001-35987 | October 29, 2020 | 10.2 |
| 10.21* | Form of 2021 Performance Restricted Stock Unit Agreement | 10-Q | 001-35987 | April 30, 2021 | 10.1 |
| 10.22* | Employment Agreement, dated August 2, 2021, between Noodles & Company and Kathy Lockhart | 10-Q | 001-35987 | August 4, 2021 | 10.1 |
| 10.23* | Employment Agreement, dated July 30, 2021, between Noodles & Company and Corey Kline | 10-Q | 001-35987 | August 4, 2021 | 10.3 |
| 10.24* | Form of 2019 Performance Restricted Stock Unit Agreement | 10-K | 001-35987 | February 24, 2022 | 10.40 |
| 10.25* | Form of 2022 Performance Restricted Stock Unit Agreement | 10-Q | 001-35987 | April 28, 2022 | 10.1 |
| 10.26* | Form of Restricted Stock Unit Agreement for General Manager Equity Partner Plan | 10-Q | 001-35987 | November 4, 2022 | 10.1 |
| 10.27* | Form of 2023 Restricted Stock Unit Agreement | 10-Q | 001-35987 | May 11, 2023 | 10.1 |
| 10.28* | Form of 2023 Performance Restricted Stock Unit Agreement | 10-Q | 001-35987 | May 11, 2023 | 10.2 |
| 10.29* | Form of 2023 Restricted Stock Unit Agreement For General Manager Equity Partner Plan | 10-Q | 001-35987 | May 11, 2023 | 10.3 |
| 10.30* | Compensation Plan for Non-employee Directors, Amended and Restated May 15, 2023 | 10-Q | 001-35987 | August 10, 2023 | 10.1 |
| 10.31* | Noodles & Company 2023 Stock Incentive Plan | S-8 | 333-272120 | May 22, 2023 | 99.1 |
| 10.32* | Mike Hynes Employment Agreement | 8-K | 001-35987 | June 26, 2023 | 10.1 |
| 10.33* | Mike Hynes Offer Letter | 8-K | 001-35987 | June 26, 2023 | 10.2 | |
| 10.34* | Drew Madsen Offer Letter | 8-K | 001-35987 | November 13, 2023 | 10.1 | |
| 10.35* | Restricted Stock Unit Agreement, dated November 9, 2023, between Noodles & Company and Drew Madsen | 8-K | 001-35987 | November 13, 2023 | 10.2 | |
| 10.36* | Form of 2024 Restricted Stock Unit Agreement For General Manager Equity Partner Plan | 10-Q | 001-35987 | May 09, 2024 | 10.1 | |
| 10.37* | Madsen Employment Agreement | 8-K | 001-35987 | March 07, 2024 | 10.1 | |
| 10.38* | Stock Option Agreement (Nonqualified Stock Options), dated March 6, 2024, between Noodles & Company and Drew Madsen | 8-K | 001-35987 | March 07, 2024 | 10.2 | |
| 10.39* | Restricted Stock Unit Agreement, dated March 6, 2024, between Noodles & Company and Drew Madsen | 8-K | 001-35987 | March 07, 2024 | 10.3 | |
| 10.40* | Performance Stock Unit Agreement, dated March 6, 2024, between Noodles & Company and Drew Madsen | 8-K | 001-35987 | March 07, 2024 | 10.4 | |
| 10.41* | Form of 2024 Restricted Stock Unit Agreement | 10-Q | 001-35987 | August 08, 2024 | 10.1 | |
| 10.42* | Form of 2024 Performance Restricted Stock Unit Agreement | 10-Q | 001-35987 | August 08, 2024 | 10.2 | |
| 10.43* | Form of 2024 Restricted Stock Unit Agreement for Non-Employee Directors | 10-Q | 001-35987 | August 08, 2024 | 10.3 | |
| 10.44* | Employment Agreement, dated June 10, 2024, between Noodles & Company and Scott Davis | 10-Q | 001-35987 | August 08, 2024 | 10.4 | |
| 10.45 | Support Agreement dated June 6, 2024, between Noodles & Company and Hoak & Co, James M. Hoak, Jr., J. Hale Hoak, Hoak Public Equities, L.P., Zierk Family 2010 Irrevocable Trust and Hoak Fund Management, L.P. and Britain Peakes | 8-K | 001-35987 | June 11, 2024 | 10.1 | |
| 10.46* | Transition Services and Separation Agreement between Noodles & Company and Brad West dated September 10, 2024 | 8-K | 001-35987 | September 11, 2024 | 10.1 | |
| 10.47* | Separation Agreement between Noodles & Company and Melissa Heidman dated June 18, 2024 | 8-K | 001-35987 | June 25, 2024 | 10.1 | |
| 10.48* | Employment agreement dated February 12, 2025, between Noodles & Company and Joseph Christina | 8-K | 001-35987 | February 19, 2025 | 10.1 | |
| 10.49* | Joseph Christina Offer Letter | X | ||||
| 19.1 | Insider Trading Policy | X | ||||
| 21.1 | List of Subsidiaries of Noodles & Company | X | ||||
| 23.1 | Consent of Ernst & Young LLP | X | ||||
| 24.1 | Power of Attorney (included on signature page of this report) | X | ||||
| 31.1 | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 31.2 · Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 · X | ||||||
|---|---|---|---|---|---|---|
| 32.1 · Certification of Chief Executive Officer and Chief Financial Officer Section 906 of the Sarbanes-Oxley Act of 2002 · X | ||||||
| 97.1 | Noodles & Company Dodd-Frank Clawback Policy | 10-K | 001-35987 | March 08, 2024 | 97.1 | |
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document | X | ||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document | X | ||||
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | X | ||||
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document | X | ||||
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document | X | ||||
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document | X | ||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) | X | ||||
- Management contract or compensatory plan or arrangement.
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