Sbarro KEIP Plan

Sbarro filed with the US Bankruptcy Court on August 25, 2011 a motion for approval of a key employee incentive plan (KEIP), with three key employees classified as 'insiders.' Under the KEIP, total payments can range from $585,000 to $975,000 per measurement period, for a total aggregate cost of $1.17 million to $1.95 million. The Court scheduled a September 7, 2011 hearing to consider the KEIP.