On July 25, 2013, after expressing a desire to reduce his role with the company, Mr. Ted Zapp resigned from his position as vice president of operations of Chuy's Holdings, Inc. Mr. Zapp will remain employed by the company in an advisory role and will continue to assist with the operational development of the company. The company's compensation committee has determined that Mr. Zapp's outstanding equity awards granted under the Chuy's Holdings, Inc. 2012 omnibus equity incentive plan will continue to vest until he is no longer employed by the company. On July 25, 2013, the board of directors promoted Mr. Gary Thomas Larue to the company's vice president of operations, south.

Going forward, the company's operations will be headed by Mr. Larue in the south and by Mr. Frank biller in the southeast. In connection with his promotion, Mr. Larue entered into the company's standard indemnification agreement for executive officers.