You are on page 1of 68

THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: PERKINS & MARIE CALLENDER'S INC.

,
et aL, 1

Chapter 11 Case No. 11-11795 (KG) (Jointly Administered)
Monthly Application Objection Deadline:
January 6, 2012 at 4:00 p.m. (ET)

Debtors.

Final Application Objection Deadline:
January 11, 2012 at 4:00 p.m. (ET)

Final Hearing Date:
February 7, 2012 at 3:00 p.m. (ET)

FIFTH MONTHLY AND FINAL FEE AND EXPENSE APPLICATION OF FTI CONSULTING, INC. Name of Applicant: Authorized to provide professional services to: Date of Retention: Period for which compensation and reimbursement are sought: Amount of compensation sought as actual, reasonable, and necessary: Amount of expense reimbursement sought as actual, reasonable, and necessary: This is a: FTI Consulting, Inc.

Official Committee of Unsecured Creditors August 8, 2011 nunc pro tunc to June 28, 2011

June 28, 2011 through November 30, 2011

$560,000.002

$6,032.37 X final application.

X monthly

interim

The Debtors, together with the last four digits of each Debtor's federal tax identification number are: Perkins & Marie Callender's Inc. (4388); Perkins & Marie Callender's Holding Inc. (3999); Perkins & Marie Callender's Realty LLC (N/A); Perkins Finance Corp. (0081); Wilshire Restaurant Group LLC (0938); PMCI Promotions LLC (7308); Marie Callender Pie Shops, Inc. (7414); Marie Callender Wholesalers, Inc. (1978); MACAL Investors, Inc. (4225); MOD, Inc. (2015); Wilshire Beverage, Inc. (5887); and FIV Corp. (3448). The mailing address for the Debtors is 6075 Poplar Avenue, Suite 800, Memphis, TN 38119.
2

1

Reflects pro-ration of June monthly fee (3 days or $12,500.00) plus $125,000.00 for July and pro-ration of August monthly fee (3 days at $100,000.00 and 27 days at $125,000.00)

28081496_2

Prior monthly applications filed: Date Filed
08/25/11 09/29/11 10/28/11 11/28/11 Previously Unbilled

Period Covered
06/28/11-07/31/11 08/1/11-08/31/11 9/1/11-9/30/11 10/1/11-10/31/11 11/1/11-11/30/11

Requested Fees
$137,500.00 $122,500.00 $100,000.00 $100,000.00 $100,000.00

Requested Expenses
$4,244.49 $1,104.01 $24.67 $30.32 $628.88

Approved Fees
$137,500.00 $122,500.00 $80,000.00 $80,000.00 Pending

Approved Expenses
$4,244.49 $1,104.01 $24.67 $30.32 Pending

280814962

THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE

In re: PERKINS & MARIE CALLENDER'S INC.,
et aL
, 1

Chapter 11 Case No. 11-11795 (KG) (Jointly Administered)
Monthly Application Objection Deadline:
January 6, 2012 at 4:00 p.m. (ET)

Debtors.

Final Application Objection Deadline:
January 11, 2012 at 4:00 p.m. (ET)

Final Hearing Date:
February 7, 2012 at 3:00 p.m. (ET)

FIFTH MONTHLY AND FINAL FEE APPLICATION OF FTI CONSULTING, INC. FOR ALLOWANCE OF COMPENSATION AND REIMBURSEMENT OF EXPENSES AS FINANCIAL ADVISOR TO THE OFFICIAL COMMITTEE OF UNSECURED CREDITORS FOR THE PERIOD OF JUNE 28, 2011 THROUGH NOVEMBER 30, 2011

This fifth monthly and final fee application for compensation and reimbursement of expenses (the "Fee Application") is filed by FTI Consulting, Inc. ("FTI") requesting payment for services rendered and reimbursement of costs expended as financial advisor for the Official Committee of Unsecured Creditors (the "Committee") of Perkins & Marie Callender's Inc. (the "Debtors"), for the period of June 28, 2011 through November 30, 2011 (the "Application Period"). In support of this Fee Application, FTI respectfully states the following:

1 The Debtors, together with the last four digits of each Debtor's federal tax identification number are: Perkins & Marie Callender's Inc. (4388); Perkins & Marie Callender's Holding Inc. (3999); Perkins & Marie Callender's Realty LLC (N/A); Perkins Finance Corp. (0081); Wilshire Restaurant Group LLC (0938); PMCI Promotions LLC (7308); Marie Callender Pie Shops, Inc. (7414); Marie Callender Wholesalers, Inc. (1978); MACAL Investors, Inc. (4225); MCID, Inc. (2015); Wilshire Beverage, Inc. (5887); and FIV Corp. (3448). The mailing address for the Debtors is 6075 Poplar Avenue, Suite 800, Memphis, TN 38119.

1
280814962

Jurisdiction
1. The Bankruptcy Court (the "Court") has jurisdiction over this matter under 28

U.S.C. § 1334. This is a core proceeding within the meaning of 28 U.S.C. §§ 157(b)(2). Venue of this chapter 11 case in this district is proper under 28 U.S.C. §§ 1408 and 1409.

Background
2. On June 24, 2011, the Office of the United States Trustee held a meeting to

appoint the Committee pursuant to section 1102 of the Bankruptcy Code (the "Formation

Meeting"). At the Formation Meeting, the Committee selected Ropes & Gray LLP ("Committee Counsel") as its counsel, and on June 28, 2011, selected FTI Consulting, Inc as its financial
advisors. The following members were appointed to the Committee: 2 (a) (b) (c) (d) (e) (f) 3. The Coca-Cola Company; Wilmington Trust Company; News America Marketing; Luna Family Trust; Northgate Station, LP; and Benjamin Monroy. On July 19, 2011, FTI filed its retention application. On August 2, 2011, the

Court entered an order approving the retention of FTI as financial advisor to the Committee effective June 28, 2011 (the "Retention Order").

Fees and Expenses Covered Herein
4. FTI submits this Fee Application pursuant to section 328(a) of the Bankruptcy

Code, Rule 2016 of the Federal Rules of Bankruptcy Procedure (the "Bankruptcy Rules"), the
2

On September 16, 2011, Standard General Master Fund LP resigned from the Committee by tendering its resignation to the Office of the United States Trustee.

2
28081496_2

Order Establishing Procedures For Interim Compensation and Reimbursement Of Expenses Of Professionals (the "Administrative Order"), Del. Bankr. LR 2016-2 and the Retention Order. 5. Prior to the filing of the Application, applications for monthly fees for the period

June 28, 2011 through October 31, 2011 had been filed with the Court (the "Monthly Fee Applications"). The Monthly Fee Applications request professional fees in the aggregate amount of $460,000.00 and actual and necessary expenses in the amount of $5,403.49 of which $340,000.00 and $5,373.17, respectively, has been paid to date by the Debtors in accordance with the Interim Compensation Order. In addition, FTI seeks the allowance of compensation for professional services rendered for and on behalf of the Committee for the period November 1, 2011 through November 30, 2011 ("Fifth Monthly Application Period") in the amount of $100,000.00 and actual and necessary expenses in the amount of $628.88. Detailed time entries are annexed hereto as Exhibit F. 6. Accordingly through the Application, FTI hereby seeks final approval of

$560,000.00 in professional fees (consisting of Monthly Fees of $125,000.00 for the each of the first two months and $100,000.00 per month thereafter) related to services rendered in connection with its role as financial advisor to the Official Committee of Unsecured Creditors, and reimbursement of actual and necessary expenses of $6,032.37 pursuant to the terms of its engagement approved in the Retention Order. As of the date of the Application, FTI is owed $220,000.00 for professional fees, and $659.20 for actual and necessary expenses, which have not been paid by the Debtors. Summary of Fees 7. The total number of hours expended by FTI professionals and paraprofessionals

in performing professional services for the Committee during the Application period was 832.0.

3
28081496_2

8.

Services rendered by each FTI professional and paraprofessional during the

Application Period, a summary of the time incurred by project code, and detailed time entries by professional and project code are attached hereto as Exhibit A, Exhibit B, and Exhibit C. A summary of the reasonable and necessary expenses incurred is shown in Exhibit D and Exhibit E. 9. The following paragraphs describe the primary services rendered by FTI to the

Committee during the Application Period.

Code 1)

Current Operating Results & Events Total Hours: 92.7

FTI reviewed and analyzed the Debtors' current and historical operating results to assess the Company's financial and operational performance Time in this code includes the participation on conference calls with the Debtors to review such results. The results of FTI's analyses and observations were summarized in reports that were presented to the Committee.

(Code 2)

Cash & Liquidity Analysis Total Hours: 18.9

FTI reviewed and analyzed the Company's weekly cash flow reports, variances to the budget, and monitored for compliance with the DIP order. FTI prepared and distributed reports to the Committee summarizing and analyzing the details of the actual results compared to the budget in order to keep the Committee informed of the Company's current and projected liquidity position.

(Code 3)

Financing Matter (DIP, Exit, Other) Total Hours: 10.0

FTI reviewed the terms of the debtor in possession ("DIP") agreement and

4
280814962

participated in several related discussions with the Debtors' advisors. Furthermore, FTI reviewed and analyzed the DIP budget and participated in calls with the Debtors' management and advisors to further diligence the underlying assumptions. FTI then sensitized certain assumptions to determine the risks associated with the DIP budget and the related covenants. The results of FTI's analysis were summarized and communicated to the Committee.

(Code 7)

Analysis of Business Plan Total Hours: 122.2

FTI professionals reviewed and analyzed the Debtors' 5-year business plan. Analysis included comparison to historical performance and forecasted industry trends, including a breakdown of business drivers by business segment. FTI had several discussions with the Debtors regarding the key business plan assumptions. Based on this work, FTI prepared sensitivity analyses highlighting the risks and opportunities within the Debtors' business plan. The results of our analyses were summarized and presented to the Committee.

(Code 8)

Valuation and Related Matters Total Hours: 29.0

FTI performed an illustrative valuation analysis of the Company based on FTI's review of the company's business plan. Such analysis was presented to the Committee in connection with the business plan review and settlement discussions.

(Code 12)

Analysis of SOFAs and SOALs Total Hours: 12.7

FTI reviewed and analyzed the Statements of Financial Affairs and Schedules. Time in this task code includes analysis related to asset and potential claim levels by Debtor, as well as reviewing payments listed on SOFA 3b and 3c.

5
28081496_2

(Code 14)

Analysis of Claims and Liabilities Subject to Compromise Total Hours: 207.1

FTI reviewed and analyzed the claims scheduled and filed in this case to assist in the preliminary analysis of the allowed claims pool. FTI also prepared various analyses quantifying potential claims resulting from certain actions the Debtors undertook in the chapter 11 proceedings. The results of such work were communicated to counsel and other parties in interest. Additionally, FTI assisted counsel with the review of specific unsecured claims for which certain settlements were reached. (Code 16) POR & DS Analysis, Negotiation, and Formulation Total Hours: 72.0 FTI reviewed and analyzed the Debtors' strategic alternatives. As part of this process, FTI and Committee counsel participated in numerous settlement discussions and provided regular updates to the Committee. Time in this code includes preparation of any materials for such calls. Additionally FTI assisted with the closing process by preparing the sources and uses analysis used to effectuate the Plan or Reorganization. (Code 20) General Meetings with Debtors & Debtors' Professionals Total Hours: 45.2 FTI participated in several discussions with the Debtors and Debtors' professionals including an in-person meeting held in Memphis to discuss several case related issues, Company background and financial performance, store portfolio, among others. In addition, FTI participated in various discussions with the Debtors and Debtors' professionals concerning various case issues, including Plan of Reorganization terms and claims analysis, among others.

6
280814962

(Code 21) General Meetings with Committee & Committee Counsel Total Hours: 70.9 FTI prepared for and participated in several calls with the Committee and Committee Counsel to provide updates concerning key case issues and certain financial analyses. Time in this code includes the finalization of certain deliverables distributed to the Committee in connection with these meetings/conference calls. (Code 30) Review Store Portfolio Total Hours: 50.1 During the Application Period, FTI prepared a detailed 4-wall profitability analysis in connection with its review of the go-forward store footprint and rationale for the store closures occurring during these chapter 11 proceedings. The results of this analysis were summarized and shared with the Committee. Compliance with the Bankruptcy Code, the Bankruptcy Rules and Local Rules 10. In accordance with Del. Bankr. LR 2016-2, a summary schedule of hours and fees

for each professional, and a summary of hours and fees categorized by project code follow this Application. The undersigned submits that this Fee Application complies with Del. Bankr. LR 2016-2 and the Retention Order. 11. FTI submits that the services rendered and expenses incurred were actual and

necessary and that the compensation sought is reasonable and in accordance with the standards of the Bankruptcy Code and Bankruptcy Rules. 12. No agreement or understanding exists between FTI and any other entity (other

than shareholders or employees of FTI) for the sharing of compensation received or to be received for services rendered in connection with these cases.

7
280814962

Notice 13. As required by the Administrative Order, a copy of this Fee Application has been

served upon: (a) the Debtors; (b) counsel to the Debtors; (c) counsel to the agent for the Debtors' pre-petition Credit Facility and post-petition debtor-in-possession financing facility; (d) counsel to the indenture trustee for the Senior Secured Notes; (e) counsel to the indenture trustee for the Senior Notes (f) counsel to the Restructuring Support Parties; and (g) the Office of the United States Trustee for the District of Delaware. Notice of this Fee Application was served upon all parties requesting notice pursuant to Bankruptcy Rule 2002. WHEREFORE, FTI respectfully requests an interim award of compensation for professional services rendered as financial advisor to the Committee during the Application Period in the amount of $560,000.00 plus the reimbursement of expenses in the amount of $6,032.37 pursuant to the Administrative Order; and such other and further relief that the Court deems just and proper.

Dated: December , 2011

FTI CONSULTING, INC By: / Steven Simms

28081496 2

VERIFICATION PURSUANT TO DEL. BANKR.LR. 2016-2(f) AND 28 U.S.C. 41746(2) I, Steven Simms, verify as follows: 1. I am a Senior Managing Director with FTI Consulting, Inc. (together with its

wholly owned subsidiaries, agents, independent contractors and employees, "FTI"). FTI has rendered professional services to the Official Committee of Unsecured Creditors (the "Committee") in this Chapter 11 case. 2. I have read the foregoing application of FTI for compensation and reimbursement

of expenses (the "Application"). To the best of my knowledge, information and belief formed upon the basis of my participation in this case, as well as after reasonable inquiry, the facts set forth in the foregoing Application are true and correct and materially comply with the applicable orders, rules, guidelines and requirements as set forth by the Court, the Bankruptcy Code, the Federal Rules of Bankruptcy Procedure, Del.Bankr.LR 2016-2, and the Executive Office for the United States Trustee. Executed on: December )- 3 , 2011 By: Steven Simms Senior Managing Director Three Times Square New York, NY 10036 Telephone: 212.841.9368 E-mail: steven.simmsafticonsulting.com Financial Advisors to the Official Committee of Unsecured Creditors of Perkins & Marie Callender's, et al.

280814962

THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE
In re: PERKINS & MARIE CALLENDER'S INC., et al.,1 Debtors. Chapter 11 Case No. 11-11795 (KG) (Jointly Administered)
Monthly Application Objection Deadline:
January 6, 2012 at 4:00 p.m. (ET)

Final Application Objection Deadline:
January 11, 2012 at 4:00 p.m. (ET)

Final Hearing Date:
February 7, 2012 at 3:00 p.m. (ET)

NOTICE OF APPLICATION FTI Consulting, Inc , financial advisor to the Official Committee of Unsecured Creditors (the "Committee"), has filed its Fifth Monthly and Final Fee Application of FTI Consulting,

Inc. for Allowance of Compensation and Reimbursement of Expenses as Financial Advisor to the Official Committee of Unsecured Creditors for the Period June 28, 2011 through November 30, 2011 (the "Application"). The Application seeks approval for interim fees in the
amount of $100,000.00 (80% = $80,000.00) and expenses in the amount of $628.88 for the period November 1, 2011 through and including November 30, 2011 (the "Monthly Application"); and for approval of final fees in the amount of up to $560,000.00 and expenses in the amount of up to $6,032.37 for the period June 28, 2011 through and including November 30, 2011 (the "Final Application"). Objections, if any, to the relief requested in the Monthly Application must be filed with the United States Bankruptcy Court for the District of Delaware, 824 North Market Street, 3 rd Floor, Wilmington, Delaware 19801, on or before January 6, 2012 at 4:00 p.m. (ET). At the same time, you must also serve a copy of the objection upon the following parties (the "Notice Parties") so as to be received no later than 4:00 p.m. (ET) on January 6, 2012: (i) Debtors, Perkins & Marie Callender's Inc., 6075 Poplar Avenue, Suite 800, Memphis, Tennessee 38119 (Attn: Joseph F. Trungale); (ii) Counsel to the Debtors, Troutman Sanders LLP, The Chrysler Building, 405 Lexington Avenue, New York, New York 10174 (Attn: Mitchel H. Perkiel, Esquire and Brett D. Goodman, Esquire) and Young Conaway Stargatt & Taylor, LLP, The Brandywine Building, 1000 West Street, 17tn Floor, Wilmington, Delaware 19801 (Attn: Morgan L. Seward, Esquire); (iii) Counsel to the Agent for Debtors Pre-Petition Credit Facility and Post-Petition
1 The Debtors, together with the last four digits of each Debtor's federal tax identification number are: Perkins & Marie Callender's Inc. (4388); Perkins & Marie Callender's Holding Inc. (3999); Perkins & Marie Callender's Realty LLC (N/A); Perkins Finance Corp. (0081); Wilshire Restaurant Group LLC (0938); PMCI Promotions LLC (7308); Marie Callender Pie Shops, Inc. (7414); Marie Callender Wholesalers, Inc. (1978); MACAL Investors, Inc. (4225); MCID, Inc. (2015); Wilshire Beverage, Inc. (5887); and FIV Corp. (3448). The mailing address for the Debtors is 6075 Poplar Avenue, Suite 800, Memphis, TN 38119.
{894.001-W0018671.}

Debtor-in-Possession Financing Facility, Paul, Hastings, Janofsky & Walker, 600 Peachtree Street, N.E., Twenty-Fourth Floor, Atlanta, Georgia 30308 (Attn: Jesse H. Austin, III, Esquire); (iv) Counsel to the Indenture Trustee for the Senior Secured Notes, Emmet, Marvin & Martin, LLP, 120 Broadway, 32 nd Floor, New York, New York 10271 (Attn: Edward P. Zujkowski, Esquire); (v) Counsel to the Indenture Trustee for the Senior Notes, Foley & Lardner LLP, 90 Park Avenue, New York, New York 10016-1314 (Attn: Douglas Spelfogel, Esquire); (vi) Counsel to the Restructuring Support Parties, Akin Gump Strauss Hauer & Feld LLP, One Bryant Park, New York, New York 10036 (Attn: Ira Dizengoff, Esquire) and 1333 New Hampshire Avenue, N.W., Washington, DC 20036 (Attn: Scott L. Alberino, Esquire); (vii) Counsel for Official Committee of Unsecured Creditors, Ropes & Gray LLP, 1211 Avenue of the Americas, New York, New York 10036-8704 (Attn: Mark R. Somerstein, Esquire) and Landis Rath & Cobb LLP, 919 Market Street, Suite 1800, Wilmington, Delaware 19801 (Attn: William E. Chipman, Jr., Esquire); and (viii) the Office of the United States Trustee, District of Delaware, J. Caleb Boggs Federal Building, 844 King Street, Suite 2207, Lockbox 35, Wilmington, Delaware 19801 (Attn: Richard Schepacarter, Esquire). Objections, if any, to the relief requested in the Final Application must be filed with the United States Bankruptcy Court for the District of Delaware, 824 North Market Street, 3 rd Floor, Wilmington, Delaware 19801, on or before January 11, 2012 at 4:00 p.m. (ET). At the same time, you must also serve a copy of the objection upon the Notice Parties. PLEASE TAKE FURTHER NOTICE THAT PURSUANT TO THE ORDER UNDER 11 U.S.C. §§ 105(A) AND 331, BANKRUPTCY RULE 2016 AND LOCAL RULE 2016-1 ESTABLISHING PROCEDURES FOR INTERIM COMPENSATION AND REIMBURSEMENT OF EXPENSES OF PROFESSIONALS [DOCKET NO. 169], IF NO OBJECTIONS ARE FILED AND SERVED TO THE MONTHLY APPLICATION IN ACCORDANCE WITH THE ABOVE PROCEDURE, THE DEBTORS WILL BE AUTHORIZED TO PAY 80% OF REQUESTED FEES AND 100% OF REQUESTED EXPENSES WITHOUT FURTHER COURT ORDER. ONLY IF AN OBJECTION IS PROPERLY AND TIMELY FILED IN ACCORDANCE WITH THE ABOVE PROCEDURE, WILL A HEARING BE HELD ON THE MONTHLY APPLICATION.

{894.001-W0018671.}

2

A HEARING TO CONSIDER APPROVAL OF THE FINAL APPLICATION WILL BE HELD BEFORE THE HONORABLE KEVIN GROSS, CHIEF JUDGE, UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ON FEBRUARY 7, 2012 AT 3:00 P.M. PLEASE TAKE NOTICE THAT IF NO TIMELY OBJECTIONS TO THE FINAL APPLICATION ARE FILED, THE COURT MAY ENTER AN ORDER GRANTING THE FINAL APPLICATION WITHOUT FURTHER NOTICE OR HEARING Dated: December 23, 2011 Wilmington, Delaware LANDIS RATH & COBB LLP
At/ WULlaJft. E. Cliiiissexass, gra_. William E. Chipman, Jr. (No. 3818) Mark D. Olivere (No. 4291) 919 Market Street, Suite 1800 Wilmington, Delaware 19801 Telephone: (302) 467-4400 Facsimile . (302) 467-4450 Counsel for the Official Committee of Unsecured Creditors

{894.001-W0018671.}

3

EXHIBIT A

EXHIBIT A PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. SUMMARY OF HOURS BY PROFESSIONAL FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011

Professional

Position

Hours
129.8 99.5 265.6 1.0 29.0 109.5 63.4 62.5 40.3 31.2
0.2

Simms, Steven Braun, Richard Laber, Mark Hofstad, No J Korn, Gary Ghi, Katherine Hamilton, Christopher O'Loughlin, Morgan Goad, David Hellmund-Mora, Marili Pearson, Linda
Total

Senior Managing Director Managing Director Managing Director Director Director Senior Consultant Senior Consultant Senior Consultant Consultant Associate Administrative

832.0

EXHIBIT B

EXHIBIT B PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. SUMMARY OF HOURS BY PROJECT CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 TASK

CODE DESCRIPTION

HOURS

1 2 3 5 6 7 8 12 13 14 16 18 19 20 21 22 23 24 25 30

Current Operating Results & Events Cash & Liquidity Analysis Financing Matters (DIP, Exit, Other) Real Estate Issues Asset Sales Analysis of Business Plan Valuation and Related Matters Analysis of SOFAs & SOALs Analysis of Other Miscellaneous Motions Analysis of Claims/Liabilities Subject to Compromise POR & DS - Analysis, Negotiation and Formulation Potential Avoidance Actions & Litigation Matters Case Management General Meeting with Debtor & Debtors' Professionals General Meetings with Committee & Committee Counsel Meetings with Other Parties Firm Retention Preparation of Fee Application Travel Time Review Store Portfolio
Total

92.7 18.9 10.0 12.4 1.8 122.2 29.0 12.7 6.5 207.1 72.0 4.6 19.9 45.2 70.9 11.3 14.7 22.1 7.9 50.1
832.0

EXHIBIT C

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 1.1 Review financial information from Company. 0.6 Review recent financial results. 0.4 Review financial information from company.

CODE 1 1 1

6/29/2011 Simms, Steven 6/30/2011 Laber, Mark

6/30/2011 Simms, Steven 7/1/2011 Simms, Steven 7/1/2011 Laber, Mark

1 1 1

1.4 Review financial information from Company. 1.5 Review 2010 performance package. 0.9 Review financial information from Company.

7/3/2011 Simms, Steven 7/5/2011 Laber, Mark 7/7/2011 Laber, Mark

1 1 1

0.7 Review P5 performance. 1.0 Review and discuss financial performance. 1.1 Review financial information for management meeting. 1.0 Review financial information received to-date.

7/11/2011 Simms, Steven 7/12/2011 Laber, Mark 7/12/2011 O'Loughlin, Morgan

1 1

3.5 Prepare Flash Report. 0.3 Review financial information from Company.

1 1 1

7/12/2011 Simms, Steven 7/13/2011 Laber, Mark 7/13/2011 O'Loughlin, Morgan

0.4 Review and discuss draft flash report. 3.0 Prepare Flash Report summarizing cash flow and operating performance.

1

7/14/2011 O'Loughlin, Morgan

4.5 Update Flash Report.

1

7/15/2011 O'Loughlin, Morgan

0.5 Update summary of cash flow forecast.

1

7/15/2011 Simms, Steven

0.6 Review financial information from Company. 1.0 Review financial information provided by Debtor. 0.3 Participate in discussion re: Perkins historical information and prepare for Committee meeting.

1

7/18/2011 Laber, Mark

1

7/19/2011 Laber, Mark

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
1 1 1

DATE

PROFESSIONAL

HOURS DESCRIPTION OF HOURS
0.6 Review historical financial information. 1.0 Review and discuss historical financial information.

7/20/2011 Laber, Mark 7/21/2011 Laber, Mark 7/21/2011 Ghi, Katherine

2.7 Analyze historical store operating cash flow. 2.4 Analyze historical store operating cash flow. 2.9 Analyze historical store operating cash flow. 2.2 Review aging analysis of remodels for Perkins and Marie Callender's in support of CapEx schedule. 2.1 Review P&L for Franchise to obtain break out among business segments. 1.0 Review and discuss historical operating results within Committee presentation. 0.9 Review historical financial performance summaries for the Committee presentation. 2.3 Analyze historical store operating cash flow. 2.9 Analyze historical store operating cash flow. 2.8 Update Committee presentation with descriptions of historical trends and discussion of analyses. 2.7 Create schedule outlining trends in capital expenditures. 2.8 Update Committee presentation revised graphs outlining historical financial trends. 2.9 Prepare supporting graphs outlining historical trends including but not limited to sales by period, EBITDA by period, etc. 2.2 Revise franchise breakout by business segment per updated source data received. 2.4 Update estimated claims analysis with revised assumptions. Revise explanations of GUC claims analysis in Committee presentation for revised assumptions.

1 1 1 1

7/21/2011 Ghi, Katherine 7/21/2011 Ghi, Katherine 7/21/2011 Ghi, Katherine 7/21/2011 Ghi, Katherine

1 1 1

7/22/2011 Laber, Mark 7/22/2011 Laber, Mark 7/22/2011 Ghi, Katherine

1 1

7/22/2011 Ghi, Katherine 7/22/2011 Ghi, Katherine

1 1

7/22/2011 Ghi, Katherine 7/24/2011 Ghi, Katherine 7/25/2011 Ghi, Katherine

1

7/25/2011 Ghi, Katherine

1

7/25/2011 Ghi, Katherine

1

7/25/2011 Ghi, Katherine

2.1

1

7/25/2011 Ghi, Katherine

1.8 Review supporting detail behind trend graphs to ensure functional consistency.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS

1 1 1 1 1

7/26/2011 Ghi, Katherine 7/26/2011 Ghi, Katherine 7/26/2011 Ghi, Katherine 7/26/2011 Ghi, Katherine 8/1/2011 Laber, Mark 8/2/2011 Laber, Mark

2.8 Update historical financial trends supporting tables and graphs. 2.9 Update Committee presentation revised graphs outlining historical financial trends. 2.6 Prepare additional charts outlining costs per sales metrics for the Committee presentation. 2.4 Prepare Committee presentation re: cost metrics and trends by business segment. 0.3 Review Monthly Operating Report (MOR). 0.6 Prepare requests for financial information and analyze flash results. 0.3 Review case communications re: updates. 0.5 Review partnership information and discuss accounting related treatment. 0.8 Review financial information. 1.2 Review historical financial model prepared by the Debtors. 0.2 Review case communications re: updates. 0.4 Review period 8 results. 0.7 Review operating performance. 0.7 Review recent financial information. 0.4 Review flash results. 0.5 Review of recent financial information. 0.2 Review current operating performance. 0.5 Review update re: recent financial information. 0.8 Review update on monthly performance.

1 1 1 1 1 1 1 1 1 1 1 1 1

8/8/2011 Laber, Mark 8/10/2011 Laber, Mark 8/11/2011 Simms, Steven 8/15/2011 Goad, David 8/22/2011 Laber, Mark 9/6/2011 Laber, Mark 9/8/2011 Simms, Steven 9/13/2011 Simms, Steven 9/13/2011 Laber, Mark 9/20/2011 Simms, Steven 9/20/2011 Laber, Mark 9/22/2011 Simms, Steven 9/27/2011 Simms, Steven

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 1 1 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 9/28/2011 Laber, Mark 9/28/2011 Goad, David 9/28/2011 Goad, David 0.3 Review flash report. 0.8 Review Company materials and key operating metrics.

1 1

3.3 Prepare key operating metrics section of flash report. 0.2 Review and update flash report.

9/29/2011 Laber, Mark 9/29/2011 Laber, Mark 9/29/2011 Goad, David 10/4/2011 Simms, Steven

1 1

0.4 Update flash report. 1.5 Revise flash report to Committee re: key operating metrics and liquidity update. 0.6 Review update re: Company information. 0.3 Review trends in debt pricing.

1 1 1

10/4/2011 Laber, Mark 10/12/2011 Simms, Steven 10/21/2011 Laber, Mark

1.2 Review monthly report. 0.4 Review update on case events. 0.4 Review current financial and operating results.

1 1

10/25/2011 Laber, Mark

1 Total 2 2 7/1/2011 Laber, Mark

92.7 0.8 Prepare for and participate in call with Debtor re: cash flow forecast. 0.3 Review cash flow forecast.

7/1/2011 Laber, Mark 7/6/2011 Laber, Mark

2

1.1 Prepare for and participate in call with Debtor re: cash flow forecast.

2

7/6/2011 O'Loughlin, Morgan

1.0 Prepare summary of cash flow forecast - budget to actual results.

2

7/7/2011 O'Loughlin, Morgan

2.0 Review cash flow forecast.

2

7/14/2011 Laber, Mark

0.4 Review draft flash report and current cash flow results.

2

7/14/2011 Laber, Mark

0.8 Review and edit flash report.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 2 2 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 7/25/2011 Laber, Mark 8/4/2011 Simms, Steven 8/8/2011 Laber, Mark 8/9/2011 Hamilton, Christopher 8/9/2011 Hamilton, Christopher 1.0 Analyze cash flow results and flash sales results. 0.8 Review projections update. 0.5 Review flash results and other operating performance.

2 2 2

1.8 Update budget to actual results through 8/8. 1.6 Continue to update budget to actual results. 0.6 Analyze and review flash results.

2 2 2 2

8/9/2011 Laber, Mark 8/10/2011 Hamilton, Christopher 8/10/2011 Hamilton, Christopher 8/10/2011 Laber, Mark

2.3 Prepare flash report on Company performance and liquidity. 0.4 Update flash report on Company. 0.7 Review and revise flash report.

2 2

9/19/2011 Simms, Steven 9/28/2011 Goad, David

0.4 Review updated cash flow. 2.4 Prepare liquidity section of flash report.

2 Total 3 3 6/30/2011 Laber, Mark 6/30/2011 Laber, Mark

18.9 0.6 Review DIP. 0.3 Continue analysis of the DIP.

3

7/5/2011 Simms, Steven

0.7 Review DIP and related items.

3

7/5/2011 Laber, Mark

0.3 Review DIP budget and sensitivity. 0.5 Participate in call re: DIP. 1.0 Review DIP budget.

3

7/5/2011 Laber, Mark

3

7/5/2011 Laber, Mark

3

7/5/2011 Laber, Mark

1.0 Prepare Committee presentation re: DIP.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 3 3 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 7/6/2011 Laber, Mark 7/6/2011 Laber, Mark 7/7/2011 Laber, Mark 0.3 Participate in call re: DIP budget and cash flow. 2.0 Update and finalize DIP Committee presentation. 1.0 Address issues and participate in calls concerning DIP.

3 3

7/20/2011 Laber, Mark 7/20/2011 Simms, Steven 7/21/2011 Laber, Mark 8/29/2011 Laber, Mark

0.3 Participate in discussion and analysis re: exit financing. 0.4 Participate in call with potential financing source. 1.0 Prepare comparison of various financing options.

3
3

3

0.6 Review and discuss terms of proposed financing.

3 Total 5 7/13/2011 Laber, Mark 7/20/2011 Simms, Steven

10.0 0.3 Review leases.

5

0.3 Participate in call with Debtor on lease items. 1.5 Analyze and review real estate decisions including a discussions with the Debtor. 0.7 Provide updates to Counsel re: lease and franchise developments.

5 5 5

7/21/2011 Laber, Mark 7/21/2011 Laber, Mark

7/21/2011 Laber, Mark 7/22/2011 Simms, Steven 7/22/2011 Laber, Mark

0.3 Review lease issues. 0.3 Correspond re: lease issues.

5 5

0.3 Correspond regarding various lease issues.

5

7/22/2011 Laber, Mark

0.5 Review lease negotiation tracker.

5

7/28/2011 Simms, Steven

0.7 Review footprint issues.

5

8/1/2011 Simms, Steven

0.6 Correspond on lease issues.

5

8/3/2011 Simms, Steven

0.7 Review real estate information.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 5 5 5 5 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 8/3/2011 Laber, Mark 8/3/2011 Simms, Steven 1.0 Prepare for and participate in call with Company re: real estate issues. 0.4 Participate in call with Debtor re: real estate.

8/9/2011 Simms, Steven 8/9/2011 Laber, Mark 8/9/2011 Simms, Steven 8/12/2011 Laber, Mark

0.6 Participate in call with Debtor related to lease issues. 0.5 Participate in call with Debtor covering real estate issues. 0.4 Review lease issues.

5 5 5 5

0.2 Review real estate updates. 0.4 Review lease issues and related matters. 0.3 Review and discuss potential real estate savings. 0.8 Review lease update and key issues.

8/12/2011 Simms, Steven 8/15/2011 Laber, Mark 9/9/2011 Simms, Steven

5 5

9/27/2011 Laber, Mark 9/28/2011 Laber, Mark 10/6/2011 Simms, Steven

0.5 Review lease assumption motion. 0.3 Review and discuss lease motions.

5 5 5

0.4 Correspond with Debtor re: lease issues. 0.4 Review lease issues. 12.4

10/14/2011 Simms, Steven

5 Total 6 6/29/2011 Laber, Mark

0.6 Review analyze and discuss asset sale.

6

6/30/2011 Laber, Mark

0.5 Review of IP transaction documents.

6

7/21/2011 Laber, Mark

0.7 Prepare analysis supporting IP transaction.

6 Total 7 8/8/2011 Simms, Steven

1.8

1.3 Review projection items.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 7 7 7 7 7 7 7 7 7 7 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS
2.5 Review and discuss business plan projections. 0.8 Review Committee presentation. 1.7 Review business plan and prepare question listing.

8/10/2011 Laber, Mark 8/10/2011 Simms, Steven 8/11/2011 Laber, Mark 8/11/2011 Laber, Mark

4.3 Review and analyze business plan projections and assumptions. 0.6 Analyze and review business plan projections.

8/12/2011 Laber, Mark 8/12/2011 Laber, Mark 8/12/2011 Laber, Mark 8/13/2011 Hamilton, Christopher

0.4 Review business plan requests. 0.5 Participate in call with Debtors re: business plan. 3.0 Build integrated financial model. 0.7 Review future projections in Debtors' financial model. 2.1 Prepare summary P&L for Perkins and Marie Callender's. Prepare detailed P&Ls for both Perkins Restaurants and Marie Callender's Restaurants. Prepare detailed P&Ls for Perkins Franchise, Marie Callender's Franchise and Foxtail.

8/15/2011 Goad, David 8/15/2011 Goad, David 8/15/2011 Goad, David

3.2

7

8/15/2011 Goad, David

1.7

7 7

8/15/2011 Goad, David 8/15/2011 Hamilton, Christopher

2.0 Review and revise summary P&Ls for Committee presentation. 1.0 Participate in call with Debtors re: business plan projections.

7 7

8/15/2011 Goad, David 8/15/2011 Laber, Mark

1.5 Prepare outline of tables for Committee business plan presentation.

3.0 Review analyze business plan projections and underlying assumptions.

7

8/15/2011 Laber, Mark

3.2 Participate in conference call with Debtor covering business plan projections.

7

8/15/2011 Hamilton, Christopher

1.8 Develop questions on business plan model.

7

8/15/2011 Hamilton, Christopher

1.0 Adjust model for capital leases and rent adjustments.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 7 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 1.8 Analyze EBITDA calculation. 3.4 Build sensitivity tables for model scenarios. 1.2 Adjust certain key assumptions. 2.2 Review model. 2.6 Update model. 1.7 Review and revise UCC presentation. 1.5 Revise summary P&L tables for Committee presentation. 2.3 Prepare presentation on Perkins and Marie Callender's Restaurants. 0.5 Prepare summary exhibit for Committee presentation. 2.9 Prepare exhibits supporting outlining forecasted P&L and other revenue metrics for presentation. 1.0 Revise business plan review section of Committee report. 3.6 Prepare analysis supporting business plan presentation. 3.7 Continue to prepare and review analysis supporting business plan presentation. 0.8 Revise sensitized EBITDA bridge in model. 1.9 Build flexibility in model for claims analysis. 1.7 Build tables for report on business plan. 1.8 Participate in call with Debtors re: business plan assumptions and forecast. 1.3 Update model. 2.8 Prepare EBITDA bridge graphs and supporting EBITDA tables.

8/15/2011 Hamilton, Christopher 8/15/2011 Hamilton, Christopher 8/15/2011 Hamilton, Christopher 8/15/2011 Hamilton, Christopher 8/15/2011 Hamilton, Christopher 8/15/2011 Simms, Steven 8/16/2011 Goad, David 8/16/2011 Goad, David 8/16/2011 Goad, David 8/16/2011 Ghi, Katherine 8/16/2011 Goad, David 8/16/2011 Laber, Mark 8/16/2011 Laber, Mark 8/16/2011 Hamilton, Christopher 8/16/2011 Hamilton, Christopher 8/16/2011 Hamilton, Christopher 8/16/2011 Hamilton, Christopher 8/16/2011 Hamilton, Christopher 8/16/2011 Ghi, Katherine

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
7 7

DATE

PROFESSIONAL

HOURS DESCRIPTION OF HOURS
2.7 Continue to update EBITDA bridge graphs and supporting EBITDA tables. 2.3 Update negotiation tables with updated information provided by the Company. 2.5 Prepare supporting graphs and tables re: revenue and EBITDA trends.

8/16/2011 Ghi, Katherine 8/16/2011 Ghi, Katherine 8/16/2011 Ghi, Katherine

7 7 7

8/16/2011 Ghi, Katherine 8/17/2011 Goad, David 8/17/2011 Goad, David 8/17/2011 Ghi, Katherine

2.7 Prepare presentation re: forecasted revenues and EBITDA trends. 0.5 Revise graphs for Committee presentation. 0.4 Prepare Committee presentation.

7 7 7 7

2.2 Review and update Committee presentation. 3.3 Review and revise report Committee report. 3.5 Revise business plan section of Committee presentation. 0.5 Diligence call with Company on business plan.

8/17/2011 Simms, Steven 8/17/2011 Goad, David 8/17/2011 Laber, Mark

7 7

8/17/2011 Laber, Mark 8/17/2011 Laber, Mark

3.2 Review and update business plan presentation. 2.2 Review and analyze Company business plan.

7 7 7

8/17/2011 Laber, Mark 8/17/2011 Laber, Mark 8/17/2011 Hamilton, Christopher

2.7 Continue to review and update business plan presentation. 2.1 Review and incorporate updates into the business plan presentation for the Committee.

7

2.9 Prepare exhibits for business plan report.

7

8/17/2011 Hamilton, Christopher

2.5 Revise exhibits for business plan report.

7

8/17/2011 Hamilton, Christopher

0.6 Adjust certain assumptions for business plan review.

7

8/17/2011 Hamilton, Christopher

1.7 Update business plan report for the Committee. 2.8 Revise supporting graphs outlining forecasted P&L and EBITDA bridges.

7

8/17/2011 Ghi, Katherine

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 7 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 1.7 Review supporting detail behind EBITDA bridges and other supporting graphs to ensure functional consistency.

8/17/2011 Ghi, Katherine 8/17/2011 Ghi, Katherine 8/18/2011 Laber, Mark

7

2.7 Revise supporting detail outlining forecasted P&L and EBITDA bridges. 0.9 Process final edits for Committee presentation on business plan. 0.6 Review final report on Perkins & Marie Callender's business plan.

7 7

8/18/2011 Hamilton, Christopher

7 Total 8 8 8 8/10/2011 Hamilton, Christopher 8/10/2011 Hamilton, Christopher

122.2 1.5 Update illustrative valuation model. 2.3 Build illustrative valuation model. 1.8 Build illustrative valuation model. 2.5 Review and edit illustrative valuation model. 3.2 Update illustrative valuation model. 3.3 Review and edit illustrative valuation model.

8/11/2011 Hamilton, Christopher 8/11/2011 Hamilton, Christopher 8/11/2011 Hamilton, Christopher

8 8 8

8/11/2011 Hamilton, Christopher 8/14/2011 Hamilton, Christopher

8

3.6 Update illustrative valuation model. 2.7 Review and analyze business plan illustrative valuation analysis. 1.1 Review equity illustrative valuation model.

8 8 8

8/15/2011 Laber, Mark 8/16/2011 Hamilton, Christopher

8/16/2011 Hamilton, Christopher

1.0 Prepare presentation for equity illustrative valuation section of report.

8

8/16/2011 Laber, Mark

3.4 Analyze business illustrative valuation.

8

8/17/2011 Hamilton, Christopher 8/17/2011 Laber, Mark

1.3 Prepare list assumptions for equity illustrative valuation.

8

1.3 Analyze and adjust illustrative valuation items.

8 Total

29.0

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 12 12 12 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 1.3 Review and summarize schedule F. 1.2 Review SOAL F to extract and summarize scheduled general unsecured claims into stratified buckets.. 3.4 Prepare SOFA 3b stratification. 0.7 Revise 3b stratification analysis. 2.3 Prepare 3c stratification analysis.

7/14/2011 Laber, Mark 7/19/2011 Ghi, Katherine

9/21/2011 Goad, David 9/22/2011 Goad, David

12 12 12

9/22/2011 Goad, David 9/22/2011 Goad, David 9/22/2011 Goad, David

2.8 Prepare analysis re: schedule 3b. 0.5 Continue to review and discuss schedule 3b. 0.5 Revise SOFA 3b analysis.

12 12

9/26/2011 Goad, David

12 Total 13 13 13 6/29/2011 Laber, Mark 6/30/2011 Laber, Mark

12.7 0.5 Review various motions. 0.3 Review various retention motions. 0.3 Review various motions.

7/1/2011 Laber, Mark 7/5/2011 Laber, Mark 7/5/2011 Laber, Mark

13 13

0.3 Discuss first day motions. 0.5 Participate in discussion with Counsel re: first day motions.

13

7/5/2011 Laber, Mark

1.0 Participate in discussion with Debtors and Counsel re: first day motions.

13

7/5/2011 Laber, Mark

0.3 Coordinate with Counsel on first days.

13 13

7/10/2011 Laber, Mark

1.0 Review various motions. 0.1 Review various motions.

7/19/2011 Laber, Mark

13

8/10/2011 Laber, Mark

1.0 Review miscellaneous motions.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 13 13 13 13 13 Total 14 14 14 14 14 14 14 14 14 14 14 14 14 14 7/13/2011 Laber, Mark 7/18/2011 Laber, Mark 7/19/2011 Ghi, Katherine 7/19/2011 Ghi, Katherine 7/19/2011 Ghi, Katherine 7/19/2011 Ghi, Katherine 7/20/2011 Ghi, Katherine 7/20/2011 Ghi, Katherine 7/20/2011 Ghi, Katherine 7/20/2011 Ghi, Katherine 7/24/2011 Ghi, Katherine 8/15/2011 Laber, Mark 8/15/2011 Ghi, Katherine 8/15/2011 Ghi, Katherine DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.2 Review documentation re: proposed motions. 0.4 Review and discuss miscellaneous motions. 0.4 Review miscellaneous court filings. 0.2 Review assumption motion. 6.5 0.5 Review of key agreements impacting certain claims. 0.3 Review various agreements concerning certain claims. 0.7 Review workplan for estimating unsecured claims for Committee presentation. 2.8 Prepare estimation of potential lease claims. 2.7 Prepare estimation of size potential claim amounts. 2.4 Build summary of estimated general unsecured claims. 2.5 Prepare summary of scheduled claims in support of general unsecured claims estimation. 2.8 Update summary of estimated general unsecured claims. 2.3 Continue to prepare claims analysis. 2.6 Continue to prepare claims analysis. 2.6 Prepare analysis outlining estimated general unsecured claims. 0.5 Review and discuss estimated general unsecured claims. 2.7 Revise claims estimation based on filed claims from claims register. 1.9 Update claims estimation.

8/11/2011 Laber, Mark 8/25/2011 Laber, Mark 10/18/2011 Laber, Mark 10/19/2011 Laber, Mark

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011
CODE 14 14

DATE

PROFESSIONAL

HOURS DESCRIPTION OF HOURS
0.8 Participate on call with Omni Management re: claims register file and followup questions.

8/16/2011 Ghi, Katherine 8/17/2011 Laber, Mark 8/17/2011 Ghi, Katherine

1.3 Review and analyze results of estimated general unsecured claim pool. 2.6 Revise tables showing estimated claims classes per updated assumptions. Prepare presentation outlining updated claims estimation amounts and estimated recoveries per revised assumptions.

14 14 14

8/17/2011 Ghi, Katherine 8/18/2011 Laber, Mark 8/25/2011 Laber, Mark

2.9

0.2 Review various proofs of claims. 0.2 Analyze potential lease rejection claims. 0.6 Review claims update. 0.8 Review update re: claims. 0.3 Analyze claims. 1.4 Review items related to claims issues. 0.6 Review claims analysis update.

14 14 14

9/2/2011 Simms, Steven 9/6/2011 Simms, Steven 9/6/2011 Laber, Mark 9/8/2011 Simms, Steven

14 14 14

9/12/2011 Simms, Steven 9/12/2011 Laber, Mark

14 14 14

0.3 Review claims next steps. 0.6 Prepare initial stages of claims analysis. 3.1 Analyze claims filed and scheduled.

9/12/2011 Laber, Mark 9/13/2011 Laber, Mark

14

9/13/2011 Laber, Mark 9/14/2011 Simms, Steven

1.9 Continue to analyze claims data.

14

0.4 Review claims analysis.

14

9/14/2011 Laber, Mark

0.7 Research certain filed claims.

14

9/14/2011 Laber, Mark

0.1 Review claims process next steps.

14

9/16/2011 Laber, Mark

0.3 Review claims analysis.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 14 14 14 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.3 Review updated claims run. 0.3 Continue to perform claims analysis. 0.8 Prepare for and participate in all-hands claims call. 0.9 Participate on claims call with agent

9/16/2011 Laber, Mark 9/16/2011 Laber, Mark 9/19/2011 Simms, Steven

14 14 14

9/19/2011 Laber, Mark 9/19/2011 Laber, Mark 9/20/2011 Simms, Steven 9/21/2011 Laber, Mark

0.9 Prepare for and participate in all-hands claims call. 0.6 Review claims update. 0.2 Review claims update and next steps. 1.1 Participate in discussion with claims agent and provide follow-up. 0.8 Correspond re: claims issues. 0.6 Review omni database. 0.4 Participate in call covering revisions to omni database.

14 14 14 14

9/22/2011 Laber, Mark 9/26/2011 Simms, Steven 9/26/2011 Laber, Mark 9/26/2011 Laber, Mark

14 14

9/26/2011 Laber, Mark

0.7 Analyze omni claims analysis. 0.6 Prepare revised claims analysis and distribute to client.

14 14

9/27/2011 Laber, Mark 9/27/2011 Laber, Mark 9/27/2011 Simms, Steven

0.3 Review certain proofs of claim. 0.5 Review update re: Omega items.

14

14

9/28/2011 Simms, Steven

1.2 Review claims items and Omega issues.

14 14

10/3/2011 Simms, Steven

1.2 Review claims information.

10/3/2011 Laber, Mark

0.8 Review claims rejection motion and related calculations.

14

10/3/2011 Laber, Mark

0.3 Review updated claims analysis.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 14 14 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.3 Review issues with respect to claims objection. 2.5 Review material related to certain claims.

10/5/2011 Laber, Mark 10/6/2011 Braun, Richard

14 14 14

10/6/2011 Laber, Mark 10/7/2011 Braun, Richard

0.5 Review claims objections. 3.5 Review material related to certain claims. 1.0 Participate in call with Counsel re: claims.

10/7/2011 Korn, Gary 10/7/2011 Korn, Gary 10/7/2011 Laber, Mark 10/7/2011 Laber, Mark 10/10/2011 Braun, Richard

14 14 14

1.0 Review claims. 0.5 Participate in call with Counsel covering claims objections. 0.3 Review claims objections.

14 14 14

2.2 Review material related to certain claims. 2.4 Perform analysis re: certain claims. 1.9 Participate in discussion with Ropes & Gray re: claims.

10/10/2011 Braun, Richard 10/10/2011 Braun, Richard

14 14 14

10/10/2011 Simms, Steven 10/10/2011 Laber, Mark 10/10/2011 Laber, Mark

0.6 Review update on claims issues. 0.4 Review revised claims analysis. 0.5 Participate in discussion re: claims objection.

14

10/10/2011 Laber, Mark

1.2 Participate in call with Counsel covering claims objection.

14

10/11/2011 Braun, Richard

2.9 Perform analysis re: claims.

14

10/11/2011 Braun, Richard

2.7 Perform analysis of payments related to certain claims.

14

10/11/2011 Braun, Richard

1.9 Review analysis of claims.

14

10/11/2011 Hofstad, No J

0.5 Research financials and betas for the set of comparable companies.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
14 14 14

DATE

PROFESSIONAL

HOURS DESCRIPTION OF HOURS
2.7 Review public companies similar to Perkins. 2.3 Perform analysis re: estimate the cost of equity Perkins. 1.9 Perform analysis of historical and future payments re: certain claims.

10/11/2011 Korn, Gary 10/11/2011 Korn, Gary

10/12/2011 Braun, Richard 10/12/2011 Braun, Richard

14 14 14 14

2.6 Analyze historical and future payments re: certain claims. 2.5 Perform analysis re: claims valuation. 3.0 Review documentation re: claims.

10/12/2011 Braun, Richard 10/12/2011 Korn, Gary 10/12/2011 Laber, Mark 10/13/2011 Braun, Richard

0.6 Participate in call covering claims objections. 1.5 Prepare for call with management re: valuation of certain claims. 1.0 participate in call with management re: issue related to valuation of certain claims. 1.1 Review valuation of certain claims.

14 14 14

10/13/2011 Braun, Richard 10/13/2011 Braun, Richard 10/13/2011 Braun, Richard

14 14

2.9 Review valuation analysis re: claims. 2.0 Perform research related to representative rates of return.

10/13/2011 Korn, Gary 10/13/2011 Korn, Gary 10/13/2011 Korn, Gary

14 14 14

1.0 Review analysis re: claims. 1.0 participate in call with management re: issue related to valuation of certain claims. 0.5 Participate in call with Debtors covering claims objections.

10/13/2011 Laber, Mark

14

10/14/2011 Braun, Richard

2.4 Perform analysis of appropriate discount rate for certain claims.

14

10/14/2011 Braun, Richard

1.9 Perform analysis of long term growth for certain claims.

14

10/14/2011 Braun, Richard

2.7 Update claims analysis.

14

10/14/2011 Korn, Gary

2.6 Perform financial modeling related to valuation of certain claims.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
14 14

DATE

PROFESSIONAL

HOURS DESCRIPTION OF HOURS
1.4 Review analysis re: claims. 2.0 Prepare claims analysis report.

10/14/2011 Korn, Gary 10/17/2011 Braun, Richard 10/17/2011 Braun, Richard

14 14 14

2.3 Update claims analysis. 1.9 Perform analysis re: claims. 2.3 Update claims analysis report. 2.0 Participate in discussion with management re: claims.

10/17/2011 Braun, Richard 10/17/2011 Braun, Richard 10/17/2011 Korn, Gary

14 14 14 14

10/17/2011 Simms, Steven 10/17/2011 Laber, Mark 10/18/2011 Braun, Richard 10/18/2011 Braun, Richard

0.7 Review claims analysis. 0.3 Review revised claims analysis. 2.7 Perform claims analysis.

14 14

2.4 Update analysis re: claims. 1.9 Participate in call with Ropes & Gray re: claims analysis. 2.9 Perform valuation analysis and financial modeling re: claims.

10/18/2011 Braun, Richard 10/18/2011 Korn, Gary

14 14 14

10/18/2011 Korn, Gary 10/18/2011 Simms, Steven

2.1 Review claims analysis. 0.6 Review claims analysis.

14

10/19/2011 Braun, Richard 10/19/2011 Braun, Richard

3.5 Prepare claims analysis report.

14

3.0 Update claims analysis report.

14

10/19/2011 Korn, Gary 10/19/2011 Simms, Steven

1.0 Review expert report.

14

0.4 Review update re: claims analysis.

14

10/19/2011 Laber, Mark

0.3 Review claims objection.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 14 14 14 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 1.7 Update claims analysis report. 1.9 Review claims report. 2.6 Update claims report. 2.8 Finalize claims report.

10/20/2011 Braun, Richard 10/20/2011 Braun, Richard 10/20/2011 Braun, Richard

14 14

10/20/2011 Braun, Richard 10/20/2011 Korn, Gary 10/21/2011 Braun, Richard 10/21/2011 Hofstad, No J

1.0 Review expert report. 6.5 Prepare for deposition. 0.5 Research historical prices of the 14% note and historical credit rating changes for the series and company level. 1.0 Perform research and analysis re: Perkins bond prices.

14 14 14 14

10/21/2011 Korn, Gary 10/21/2011 Simms, Steven 10/23/2011 Braun, Richard

0.6 Review claims report. 4.5 Deposition re: value of certain claims. 6.5 Prepare for testimony.

14 14 14

10/24/2011 Braun, Richard 10/25/2011 Simms, Steven

0.8 Review claims items. 0.2 Review next steps with respect to claims objections. 0.8 Participate in discussion re: claims issues. 0.3 Analyze additional rejection claims.

14 14

10/25/2011 Laber, Mark 10/26/2011 Simms, Steven

14

10/26/2011 Laber, Mark 10/26/2011 Laber, Mark

14

0.8 Prepare materials for and participate in call re: claims objections.

14

10/26/2011 Laber, Mark

0.7 Review settlement updates.

14

10/27/2011 Laber, Mark

0.3 Participate in settlement discussions. 2.1 Review and analyze summary of cash amounts due upon emergence and balloting results.

14

11/3/2011 Laber, Mark

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 14 14 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.2 Participate in call with claims agent. 0.5 Review and provide commentary on claims estimates. 2.0 Prepare updates to claims analysis. 2.5 Review claims objection.

11/3/2011 Laber, Mark 11/4/2011 Laber, Mark 11/7/2011 Laber, Mark 11/10/2011 Braun, Richard

14 14 14

11/10/2011 Laber, Mark 11/11/2011 Braun, Richard 11/18/2011 Laber, Mark 11/18/2011 Laber, Mark 11/21/2011 Korn, Gary

0.3 Participate in discussion re: claims analysis. 1.5 Review claims objection. 0.8 Participate in call re: claims reconciliations.

14 14 14 14

0.6 Prepare revised claims analysis. 1.0 Peform research on claims analysis. 2.0 Perform analysis of certain claims. 1.5 Update claims analyisis. 3.0 Review claims analysis. 207.1

14 14 14

11/28/2011 Braun, Richard 11/29/2011 Braun, Richard

11/30/2011 Braun, Richard

14 Total 16

7/19/2011 Laber, Mark 7/19/2011 Laber, Mark

0.3 Review Plan of Reorganization (POR). 0.3 Continue to review POR.

16

16

8/1/2011 Laber, Mark

0.5 Review corporate governance related documents. 1.6 Review Plan and Disclosure Agreement.

16

8/5/2011 Simms, Steven

16

8/5/2011 Laber, Mark

1.7 Review and provide commentary re: draft DS and POR. 0.2 Finalize comments on POR and DS draft.

16

8/5/2011 Laber, Mark

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 16 16 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.8 Review and analyze projections. 1.1 Review Plan and related documents. 1.5 Analyze financial projections in Disclosure Statement.

8/9/2011 Laber, Mark 8/9/2011 Simms, Steven

16 16 16 16

8/10/2011 Hamilton, Christopher 8/10/2011 Simms, Steven 8/17/2011 Laber, Mark

0.6 Discussions regarding Plan issues. 2.4 Prepare and analyze various settlement scenarios. 0.6 Prepare for and participate in call with Counsel re: settlement discussions.

8/19/2011 Laber, Mark 8/19/2011 Laber, Mark 8/19/2011 Laber, Mark

16 16 16 16

0.6 Prepare and review settlement analyses. 0.2 Discuss settlement analysis and proposal. 0.4 Participate in call Counsel re: settlement issues. 0.3 Review and discuss terms of potential settlements.

8/19/2011 Simms, Steven 8/22/2011 Laber, Mark 8/23/2011 Simms, Steven

16 16

0.4 Participate on settlement discussion pre-call. 0.3 Participate on settlement discussion pre-call. 0.2 Review claims trading activity. 0.3 Review settlement analysis.

8/23/2011 Laber, Mark 8/25/2011 Laber, Mark 8/25/2011 Laber, Mark

16 16

16

8/26/2011 Laber, Mark

2.1

Review and discuss term sheet and potential modifications (settlement discussions).

16

8/26/2011 Simms, Steven

1.1 Review term sheet and related items.

16

8/29/2011 Laber, Mark

1.1 Settlement discussions and related analysis.

16

8/30/2011 Laber, Mark

0.8 Analyze revised term sheet.

16

8/30/2011 Laber, Mark

2.7 Prepare analysis based on settlement discussions.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
16 16

DATE

PROFESSIONAL

HOURS DESCRIPTION OF HOURS
1.1 Continue to analyze potential changes to cap structure. 3.7 Prepare presentation for unsecured creditors Committee summarizing revised term sheet. 0.3 Discuss updates to settlement discussions. 0.2 Review and discuss draft Disclosure Statement language. 0.6 Continue to prepare presentation for the Committee.

8/30/2011 Laber, Mark 8/31/2011 Laber, Mark 8/31/2011 Laber, Mark

16 16

8/31/2011 Laber, Mark 8/31/2011 Laber, Mark 9/2/2011 Laber, Mark

16 16 16 16

1.1 Review revised settlement terms. 2.1 Review revised Disclosure Statement and Committee commentary. 0.7 Correspond re: Plan issues.

9/6/2011 Laber, Mark 9/9/2011 Simms, Steven 10/17/2011 Simms, Steven 10/18/2011 Simms, Steven

16 16 16

0.4 Review Plan issues. 0.4 Review confirmation items. 0.3 Review results of claims voting.

10/18/2011 Laber, Mark 10/21/2011 Simms, Steven

16 16

0.8 Review Plan items. 0.8 Review update re: Plan issues. 0.3 Review Plan objections.

10/24/2011 Simms, Steven 10/24/2011 Simms, Steven

16 16

10/25/2011 Laber, Mark 10/26/2011 Simms, Steven

0.4 Review and discuss settlement related to plan confirmation.

16

0.6 Review update on confirmation issues.

16

10/28/2011 Simms, Steven

0.4 Review Confirmation issues.

16

11/2/2011 Simms, Steven

0.6 Update on Effective date items.

16

11/2/2011 Simms, Steven

0.5 Participate in call with creditor on Plan items.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 16 16 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 1.1 Review and discuss closing items. 0.3 Participate in discussion related to emergence costs.

11/7/2011 Simms, Steven 11/7/2011 Laber, Mark 11/8/2011 Laber, Mark

16 16 16

0.3 Prepare changes to sources and uses summary. 1.1 Prepare summary of professional fees and coordinate regarding admin 1.1 Prepare for and participate on call with Debtors covering claims reconciliation and Plan process.

11/8/2011 Laber, Mark 11/8/2011 Laber, Mark 11/8/2011 Laber, Mark 11/9/2011 Simms, Steven

16 16 16 16

0.4 Review Plan provisions. 0.8 Review update on Confirmation issues. 0.7 Coordinate on Plan process, sources and uses. 0.4 Review update re: effective date items.

11/9/2011 Laber, Mark 11/10/2011 Simms, Steven 11/10/2011 Laber, Mark 11/10/2011 Laber, Mark

16 16

0.2 Update sources and uses. 1.0 Participate in discussion regarding Plan issues. 0.3 Address various Plan related items. 0.6 Participate in calls on emergence analysis and update related analysis. 0.8 Update on closing items.

16 16 16

11/10/2011 Laber, Mark

11/10/2011 Laber, Mark 11/14/2011 Simms, Steven 11/14/2011 Laber, Mark

16

0.4 Continue to edit emergence analysis.

16

11/15/2011 Laber, Mark

0.3 Review next steps re Confirmation.

16

11/16/2011 Laber, Mark

0.2 Adjust emergence analysis.

16

11/17/2011 Simms, Steven

0.4 Review update on claims items.

16

11/17/2011 Simms, Steven

0.2 Review update on Plan items.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
16 16 16 16

DATE

PROFESSIONAL

HOURS DESCRIPTION OF HOURS
0.2 Follow-up on sources and uses. 0.6 Review closing items update.

11/17/2011 Laber, Mark 11/18/2011 Simms, Steven

11/21/2011 Laber, Mark 11/21/2011 Simms, Steven 11/22/2011 Laber, Mark 11/22/2011 Laber, Mark

0.6 Revise sources and uses. 1.6 Update on closing issues. 2.6 Revise flow of funds analysis. 0.5 Participate in call covering flow of funds analysis.

16 16 16 16

11/22/2011 Simms, Steven 11/22/2011 Simms, Steven 11/22/2011 Laber, Mark 11/23/2011 Laber, Mark

0.4 Hearing on case issues. 0.4 Update on closing items. 0.3 Review update re: Plan. 1.1 Finalize draft sources and uses analysis. 0.6 Discuss comments on sources and uses. 0.6 Review correspondence re: flow of funds.

16 16 16

11/23/2011 Laber, Mark 11/23/2011 Laber, Mark

16 16 16

11/23/2011 Simms, Steven 11/28/2011 Laber, Mark

1.4 Review closing status update. 1.8 Participate in call re: flow of funds. 1.1 Update flow of funds.

16

11/28/2011 Laber, Mark

16

11/28/2011 Simms, Steven 11/29/2011 Laber, Mark

0.8 Correspond re: Closing items.

16

2.6 Prepare revised flow of funds. 2.1 Update sources and uses. 1.1 Finalize sources and uses.

16

11/29/2011 Laber, Mark

16

11/29/2011 Laber, Mark

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 16 16 16 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 11/29/2011 Simms, Steven 11/30/2011 Laber, Mark 0.6 Review closing items.

2.1 Participate in closing calls and update sources and uses. 0.9 Review closing items. 72.0

11/30/2011 Simms, Steven

16 Total 18 9/19/2011 Simms, Steven

0.3 Participate in potential avoidance action issues. 0.6 Review potential avoidance actions. 0.5 Review potential avoidance actions. 0.6 Review potential avoidance actions.

18 18 18 18

9/19/2011 Simms, Steven 9/21/2011 Laber, Mark 9/22/2011 Laber, Mark 9/26/2011 Laber, Mark

0.2 Review potential avoidance actions. 2.4 Research and prepare summary of indicia supporting Counsel.

18 18 Total

9/27/2011 Laber, Mark

4.6 6/30/2011 Laber, Mark 0.5 Prepare and distribute request list. 0.2 Review task plan.

19 19 19

7/5/2011 Laber, Mark 7/7/2011 Laber, Mark

0.5 Coordinate in person meeting with the Debtors. 0.4 Correspond re: case issues.

19

7/12/2011 Simms, Steven

19

7/13/2011 Laber, Mark

0.4 Review open items and distribute follow-up.

19

7/13/2011 Laber, Mark

0.5 Review case updates and key issues.

19

7/13/2011 Laber, Mark

0.2 Review case outline.

19

7/13/2011 Simms, Steven

0.4 Correspond re: case issues.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 19 19 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.3 Review list of key case items. 0.3 Correspond re: case issues. 0.7 Update work flow related items. 0.5 Review work plan. 0.2 Review open items.

7/14/2011 Laber, Mark 7/15/2011 Simms, Steven

19 19 19 19

7/18/2011 Simms, Steven 7/18/2011 Laber, Mark 7/19/2011 Laber, Mark

7/19/2011 Laber, Mark 7/20/2011 Laber, Mark 8/3/2011 Simms, Steven

0.2 Plan Unsecured Creditors Committee meeting. 0.3 Manage case open items. 2.3 Participate in meeting re: case issues and strategy. 0.1 Gather case information. 0.7 Correspond re: case issues and update. 0.4 Review work plan.

19 19 19 19

8/4/2011 Pearson, Linda 8/5/2011 Simms, Steven 8/9/2011 Laber, Mark

19 19

8/9/2011 Laber, Mark 8/10/2011 Simms, Steven 8/11/2011 Simms, Steven

0.5 Review follow-up request listings. 0.4 Correspond re: case update and workstreams.

19 19 19

0.7 Correspond re: case issues and strategy. 0.7 Update data request and related matters.

8/12/2011 Simms, Steven

19 19

8/24/2011 Laber, Mark

0.4 Review case next steps.

8/25/2011 Laber, Mark

0.3 Review various case issues.

19

8/26/2011 Simms, Steven

0.8 Correspond re: case issues.

19

8/26/2011 Simms, Steven

0.6 Participate in call re: case issues.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 19 19 19 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.2 Review case update. 0.9 Review update re: case issues. 0.3 Review case outline and next steps.

9/7/2011 Laber, Mark 9/12/2011 Simms, Steven

9/14/2011 Laber, Mark 9/15/2011 Laber, Mark

19 19 19 19

0.3 Review case update. 0.6 Review case update and key issues. 0.4 Correspond on case issues. 0.6 Participate in call re: claims items.

9/15/2011 Simms, Steven 9/16/2011 Simms, Steven 10/5/2011 Simms, Steven 10/6/2011 Laber, Mark

19 19 19 19

0.5 Review work plan. 0.8 Correspond re: case issues. 0.4 Participate in discussion of claims issues. 0.4 Review update re: calims analysis.

10/7/2011 Simms, Steven 10/12/2011 Simms, Steven 10/13/2011 Simms, Steven

19

10/31/2011 Simms, Steven 10/31/2011 Simms, Steven

0.6 Review update re: Confirmation.

19 19 Total 20

0.4 Participate in call with creditor on case issues. 19.9

6/30/2011 Simms, Steven

0.8 Participate in call with Debtor re: case issues.

20

6/30/2011 Laber, Mark

1.3 Prepare for and participate in call with Debtors' financial advisor.

20

7/5/2011 Simms, Steven

0.6 Participate in call with Company on pending motions.

20

7/6/2011 Simms, Steven

0.4 Participate in call with Debtor re: pending motions.

20

7/7/2011 Simms, Steven

0.3 Participate in call with Debtor on certain contracts.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 20 20 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.3 Review Debtor professional retention issues. 7.5 Participate in meeting with management re: operations.

7/7/2011 Simms, Steven 7/11/2011 Simms, Steven 7/11/2011 Laber, Mark 7/11/2011 O'Loughlin, Morgan

20 20 20

10.0 Prepare for and participate in meetings with management (diligence sessions). 7.0 Participate in meetings with Debtor. 0.5 Prepare for and participate in call with company covering outstanding items. 0.2 Discuss Committee meeting agenda.

7/14/2011 Laber, Mark 7/18/2011 Laber, Mark 7/19/2011 Laber, Mark 7/20/2011 Laber, Mark

20 20 20 20

0.3 Participate in discussion with Debtor on upcoming case issues. 0.8 Participate in call with Debtor re: open items and additional financial requests. 0.5 Participate in discussion with Debtor concerning case issues. 1.3 Prepare for and participate in call with Debtor re: case issues and updates. 1.5 Prepare for and participate in call with Debtor re: case issues and updates.

7/21/2011 Laber, Mark 8/2/2011 Simms, Steven 8/2/2011 Laber, Mark

20 20

20 20 20

8/11/2011 Simms, Steven 8/16/2011 Simms, Steven

0.6 Correspond with Debtor re: case updates. 0.8 Participate in call with Debtor re: case issues. 0.8 Participate in call with Debtor re: Plan and related issues.

8/25/2011 Simms, Steven 8/29/2011 Laber, Mark

20

0.2 Participate in discussion with Debtor re: case issues. Review items in preparation for meeting with Debtor re: case update and key issues.

20

9/13/2011 Simms, Steven

1.1

20

9/13/2011 Simms, Steven

0.4 Participate in call with Debtor re: case update and key issues. 2.1 Prepare for and participate in claims meeting with Debtors and other advisors. 1.8 Prepare for and participate in claims meeting with Debtors and other advisors re: claims.

20

9/14/2011 Laber, Mark

20

9/14/2011 Simms, Steven

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
20 20 20 20

DATE

PROFESSIONAL

HOURS DESCRIPTION OF HOURS
1.2 Participate in call with Debtor re: claims. 0.7 Participate in all-hands call re: case update 0.6 Participate in call with Debtor and Counsel re: Plan next steps. 0.5 Prepare for and participate on call re: sources and uses with Debtor.

9/21/2011 Laber, Mark 10/14/2011 Laber, Mark

11/4/2011 Laber, Mark 11/7/2011 Laber, Mark 11/21/2011 Laber, Mark

20

1.1 Participate on closing call, including debrief.

20 Total
21 21 6/28/2011 Simms, Steven 6/28/2011 Laber, Mark 6/29/2011 Laber, Mark

45.2
0.7 Participate in call with Counsel re: motions.

0.5 Participate in call with Counsel re: motions. 0.5 Participate in call with Counsel re: key case issues and strategy. 0.4 Participate in call with Counsel re: case issues. 0.6 Participate in call with Counsel re: case issues. 0.4 Participate in call with Counsel re: pending motions. 1.5 Participate in Committee call re: pending motions and operating performance.

21 21 21

6/30/2011 Simms, Steven 6/30/2011 Laber, Mark

21 21

7/5/2011 Simms, Steven 7/6/2011 O'Loughlin, Morgan 7/6/2011 Simms, Steven

21 21

1.2 Participate in Committee call re: pending motions and operating performance. 0.2 Participate in call with Counsel in preparation for Committee call.

7/6/2011 Simms, Steven

21

7/6/2011 Simms, Steven

0.3 Review and revise Committee report. 1.6 Participate in Committee call re: pending motions and operating performance.

21

7/6/2011 Laber, Mark

21

7/8/2011 Simms, Steven

0.2 Participate in call with Counsel on pending motions.

21

7/12/2011 Laber, Mark

0.3 Participate in call with Committee re: recap of meeting with management.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 21 21 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.3 Participate in call with Counsel re: unsecured claims issues and real estate. 0.5 Review and discuss outline for Committee meeting. 0.4 Participate in call with Counsel re: workplan and case strategy. 0.5 Prepare outline for Committee meeting.

7/14/2011 Laber, Mark 7/19/2011 Laber, Mark

21 21 21

7/20/2011 Simms, Steven 7/20/2011 Laber, Mark 7/20/2011 Laber, Mark 7/20/2011 Laber, Mark

0.8 Prepare for and participate in call with Counsel re: case issues. 0.5 Review outline for Committee meeting. 0.3 Participate in call with Counsel re: case update. 1.0 Review and analyze information in preparation of the unsecured creditors Committee report. 0.6 Review financial information for Committee report. 0.9 Review information in preparation for Committee meeting.

21 21 21 21

7/21/2011 Laber, Mark 7/21/2011 Laber, Mark 7/22/2011 Simms, Steven

21 21

7/25/2011 Simms, Steven 7/25/2011 Laber, Mark 7/26/2011 Ghi, Katherine

6.0 Continue to prepare Committee presentation. 2.8 Review Committee presentation.

21 21 21

7/26/2011 Simms, Steven 7/26/2011 Simms, Steven

0.9 Review and revise Committee report. 1.2 Participate in meeting with creditors and Company. 8.0 Finalize presentation for Committee meeting.

21

7/26/2011 Laber, Mark

21

7/26/2011 Laber, Mark

1.5 Participate in meeting with creditor.

21

7/27/2011 Simms, Steven

4.8 Prepare for and participate in meeting with Debtors and Committee.

21

7/27/2011 Laber, Mark

6.0 Prepare for and participate in meeting with Debtors and Committee.

21

8/1/2011 Laber, Mark

1.5 Prepare summary of case specifics for creditor.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 21 21 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.2 Participate in call with Counsel re: case issues. 0.2 Participate in call with Counsel re: case issues.

8/2/2011 Simms, Steven 8/9/2011 Simms, Steven

21 21 21

8/11/2011 Simms, Steven 8/16/2011 Simms, Steven 8/16/2011 Simms, Steven

0.3 Participate in call with Counsel re: creditor on case issues. 0.3 Participate in call with Counsel re: case issues. 1.3 Review and revise Committee report.

21 21 21

8/18/2011 Simms, Steven 8/18/2011 Simms, Steven 8/18/2011 Laber, Mark 8/22/2011 Simms, Steven

0.5 Participate in call with Counsel in preparation for Committee meeting. 1.4 Participate in Committee call re: case issues. 2.9 Prepare for and participate in Committee call.

21 21 21

0.6 Participate in call with Counsel on case items, including process. 1.6 Prepare for and participate on call with secured creditor and Counsel. 1.5 Participate in call with Committee re: proposed settlement.

8/23/2011 Simms, Steven 8/29/2011 Simms, Steven

21 21 21

8/30/2011 Laber, Mark 8/31/2011 Simms, Steven 9/1/2011 Laber, Mark

0.9 Participate in conference call with Counsel re settlement. 2.5 Participate in call with Counsel and secured lender re: settlement issues. 0.7 Prepare fmal draft of the Committee report.

21

9/1/2011 Laber, Mark

1.1 Update Committee presentation.

21

9/1/2011 Simms, Steven

1.8 Review and update Committee report.

21

9/1/2011 Laber, Mark

0.9 Prepare for and participate in Committee call.

21

9/22/2011 Simms, Steven

0.6 Prepare for and participate in Committee call.

21

9/22/2011 Laber, Mark

0.5 Participate in Committee call.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 21 21 21 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.3 Participate in call with Counsel. 0.2 Participate in call with Counsel re: case update and key issues..

9/29/2011 Laber, Mark 10/18/2011 Laber, Mark

10/19/2011 Laber, Mark 10/19/2011 Laber, Mark

1.0 Participate in Committee call re: case update. 0.2 General assistance of Counsel. 0.7 Participate in Committee call re: case update. 0.8 Prepare for and participate in Committee call re: case update and key issues.

21 21 21

10/20/2011 Laber, Mark 10/24/2011 Laber, Mark 11/4/2011 Laber, Mark 11/4/2011 Simms, Steven

21 21

0.6 Prepare for and participate in call with Committee re: case update. 0.4 Participate in call with Committee re: case update.

21 Total 22 7/5/2011 Simms, Steven 7/7/2011 Simms, Steven

70.9 0.2 Participate in call with DIP lender on DIP. 0.2 Participate in call with lender Counsel on DIP.

22 22

7/8/2011 Simms, Steven 7/22/2011 Simms, Steven

0.4 Participate in call with creditor on case issues. 0.4 Participate in call with potential strategic partner. 0.5 Participate in call with creditor on case issues.

22 22

7/25/2011 Simms, Steven 7/26/2011 Simms, Steven

22

1.7 Participate in meeting with creditor on case issues.

22

7/27/2011 Simms, Steven

0.8 Participate in call with creditor on case issues.

22

8/8/2011 Simms, Steven

0.4 Participate in call with creditor on case issues.

22

8/9/2011 Simms, Steven

0.6 Participate in call with creditor on business plan items.

22

8/9/2011 Laber, Mark

0.5 Participate on call with creditor re: case issues and update.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 22 22 22 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 1.2 Participate in settlement discussions. 1.3 Participate in call with creditors re: settlement. 1.4 Participate in settlement discussions.

8/23/2011 Laber, Mark 8/30/2011 Simms, Steven 8/31/2011 Laber, Mark 9/1/2011 Laber, Mark

22 22 22

0.1 Participate in call with creditor re: case issues. 0.4 Participate in call with creditor re: case issues. 0.4 Correspond with creditor on case issues.

9/12/2011 Simms, Steven 9/23/2011 Simms, Steven 11/11/2011 Simms, Steven

22 22

0.5 Correspond with creditor on emergence items. 0.3 Correspond with creditor on case issues.

11/23/2011 Simms, Steven

22 Total 23 23 6/29/2011 Laber, Mark

113 0.3 Review items with respect to retention. 1.2 Review docket filings re: retention. 1.2 Review of relationships for preparation of the affidavit.

6/30/2011 Hellmund-Mora, Marili 7/7/2011 Hellmund-Mora, Marili

23 23 23

7/7/2011 Pearson, Linda 7/11/2011 Hellmund-Mora, Marili

0.1 Gather information. 1.7 Continue to review relationships in preparation of affidavit.

23

7/11/2011 Hellmund-Mora, Marili

1.4 Review potential disclosures related to affidavit.

23

7/11/2011 Hellmund-Mora, Marili 7/12/2011 Hellmund-Mora, Marili

0.7 Prepare retention papers.

23

1.3 Prepare retention papers.

23

7/12/2011 Hellmund-Mora, Marili

1.2 Address retention issues.

23

7/12/2011 Hellmund-Mora, Marili

0.9 Update affidavit.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 23 23 23 23 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 7/13/2011 Hellmund-Mora, Marili 7/13/2011 Hellmund-Mora, Marili 7/13/2011 Hellmund-Mora, Marili 7/14/2011 Hellmund-Mora, Marili 7/18/2011 Laber, Mark 1.1 Update retention papers. 0.9 Prepare exhibits for affidavit. 1.3 Update retention papers. 0.8 Update retention papers.

23 23 23 Total 24 24

0.5 Finalize retention papers. 0.1 Review retention hearing. 14.7

8/2/2011 Simms, Steven

8/4/2011 Hellmund-Mora, Marili 8/9/2011 Laber, Mark 8/12/2011 Hellmund-Mora, Marili 8/16/2011 Hellmund-Mora, Marili

0.8 Prepare June-July fee application. 0.2 Review and respond to questions re: billing. 0.9 Prepare June-July fee application.

24 24 24

1.7 Prepare June -July fee application. 0.7 Update June-July fee application.

8/17/2011 Hellmund-Mora, Marili 8/18/2011 Laber, Mark

24 24

0.4 Review and make edits to fee application. 0.7 Finalize June-July fee application.

8/18/2011 Hellmund-Mora, Marili 8/19/2011 Laber, Mark

24

0.2 Review of June-July fee application.

24

8/24/2011 Laber, Mark

0.3 Discuss June-July fee application changes. 0.4 Finalize June-July fee application.

24

8/25/2011 Laber, Mark

24

8/25/2011 Laber, Mark

0.2 Revise June-July fee application.

24

9/1/2011 Hellmund-Mora, Marili

0.7 Prepare August fee application.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
24 24 24 24

DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS
9/20/2011 Laber, Mark 9/20/2011 Hellmund-Mora, Marili 9/21/2011 Laber, Mark 0.5 Review August fee application. 0.5 Update August fee application. 0.3 Revise August fee application.

9/21/2011 Hellmund-Mora, Marili 9/21/2011 Hellmund-Mora, Marili 10/10/2011 Laber, Mark

0.3 Update August fee application. 1.2 Finalize August fee application. 0.2 Handle billing issues.

24 24 24

10/10/2011 Hellmund-Mora, Marili 10/11/2011 Hellmund-Mora, Marili 10/17/2011 Laber, Mark

0.9 Prepare Interim fee application. 1.6 Prepare interim fee application. 0.1 Finalize interim fee application.

24 24 24

10/20/2011 Hellmund-Mora, Marili 10/21/2011 Hellmund-Mora, Marili 10/26/2011 Laber, Mark

0.8 Prepare September fee application. 0.9 Prepare September fee application.

24 24

0.4 Review and revise September fee application. 0.2 Review September fee application. 0.3 Finalize September fee application.

24 24 24

10/27/2011 Laber, Mark 10/27/2011 Hellmund-Mora, Marili

11/14/2011 Hellmund-Mora, Marili

1.0 Prepare October fee application.

24

11/15/2011 Hellmund-Mora, Marili

0.4 Update October fee application.

24

11/16/2011 Laber, Mark

0.2 Review October fee application.

24

11/16/2011 Hellmund-Mora, Marili

0.5 Finalize October fee application.

24

11/16/2011 Hellmund-Mora, Marili

0.6 Prepare second interim fee application.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 24 24 24 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 11/17/2011 Hellmund-Mora, Marili 11/18/2011 Laber, Mark 11/21/2011 Laber, Mark 1.5 Prepare second interim fee application. 0.3 Review second interim fee application. 0.3 Review and edit interim fee application. 0.5 Finalize interim fee application.

24 24 24 24

11/21/2011 Hellmund-Mora, Marili 11/28/2011 Laber, Mark 11/28/2011 Hellmund-Mora, Marili

0.1 Coordinate re: billing. 0.4 Begin to prepare final fee application. 0.2 Prepare November fee application.

11/29/2011 Hellmund-Mora, Marili 11/30/2011 Laber, Mark 11/30/2011 Hellmund-Mora, Marili

24 24

0.3 Coordinate re billing. 0.4 Prepare November fee application. 22.1

24 Total 25 25 7/11/2011 Simms, Steven 7/11/2011 Laber, Mark

1.9 Travel time NY-Memphis-NY for meeting with management. 2.0 Travel time NY-Memphis-NY for meeting with management.

25

7/11/2011 O'Loughlin, Morgan

4.0 Travel time Boston-Memphis-Boston for meeting with management.

25 Total 30 7/5/2011 O'Loughlin, Morgan

7.9 3.5 Review and update 4-wall store model.

30

7/6/2011 O'Loughlin, Morgan

3.0 Prepare 4-wall store model.

30

7/12/2011 O'Loughlin, Morgan

4.0 Prepare 4-wall store model.

30

7/13/2011 O'Loughlin, Morgan

2.0 Review and update 4-wall store model.

30

7/14/2011 Laber, Mark

0.4 Review store financial database.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE 30 30 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 2.5 Perform 4-wall analysis. 1.0 Review and discuss store analysis and next steps.

7/14/2011 O'Loughlin, Morgan 7/15/2011 Laber, Mark 7/15/2011 O'Loughlin, Morgan

30 30 30

5.0 Prepare 4-wall analysis. 0.7 Review and discuss store analysis. 6.0 Prepare 4-wall store model.

7/18/2011 Laber, Mark 7/18/2011 O'Loughlin, Morgan 7/19/2011 O'Loughlin, Morgan

30 30 30

3.5 Perform 4-wall analysis. 0.5 Analyze footprint decisions and proposed changes. 1.0 Perform 4-wall analysis.

7/20/2011 Laber, Mark 7/21/2011 O'Loughlin, Morgan 7/22/2011 Laber, Mark 7/22/2011 O'Loughlin, Morgan

30 30 30

2.0 Review 4-wall analysis. 2.5 Update 4-wall analysis. 2.5 Update 4-wall analysis.

7/25/2011 O'Loughlin, Morgan

30 30 30

7/29/2011 Simms, Steven 8/1/2011 Simms, Steven 8/2/2011 Simms, Steven

0.6 Review franchise related items.

0.8 Review store performance issues. 0.7 Review store performance issues.

30

8/3/2011 Laber, Mark

1.3 Prepare store financial analysis. 0.3 Update analysis on issued lease stores. 0.1 Review data requests re: stores. 1.5 Update 4 wall analysis for period 7 results.

30

8/3/2011 Laber, Mark

30

8/3/2011 Laber, Mark

30

8/5/2011 Laber, Mark

30

8/5/2011 Laber, Mark

0.5 Review and analyze store performance of the franchisees.

EXHIBIT C PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011 CODE
30 30 30

DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS
8/8/2011 Hamilton, Christopher 8/8/2011 Laber, Mark 0.4 Review four-wall analysis. 0.8 Participate in call covering capital lease issues (includes follow-up updating of detailed schedules). 1.3 Revise 4-wall model for capital lease adjustment.

8/9/2011 Laber, Mark 8/9/2011 Laber, Mark

30

1.7 Continue to analyze specific stores and related trends.

30 Total Grand Total

50.1 832.0

EXHIBIT D

EXHIBIT D PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. SUMMARY OF EXPENSES FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011

Expense Type

Amount

Airfare Lodging Transportation Working Meal Other

$3,745.55 499.00 1,102.55 506.84 178.43
$6,032.37

EXHIBIT E

EXHIBIT E PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. EXPENSE DETAIL FOR THE PERIOD JUNE 28, 2011 THROUGH NOVEMBER 30, 2011

Date 07/01/2011 07/01/2011 07/01/2011 07/01/2011 07/11/2011 07/11/2011

Professional Simms, Steven Simms, Steven Laber, Mark Laber, Mark O'Loughlin, Morgan O'Loughlin, Morgan

Expense Type Airfare Airfare Airfare Airfare Airfare Airfare Airfare Total

Description of Expenses Airfare coach LGA-MEM-LGA 7/11/11 - 7/11/11. Round trip airfare to Memphis. Travel Agent Fees round trip airfare to Memphis. Airfare coach LGA-MEM-LGA, 7/11/11 - 7/11/11. Round trip airfare to Memphis. Travel Agent Fees round trip airfare to Memphis. Airfare coach Boston - Memphis, 7/11/11 - 7/11/11. Round trip airfare to Memphis. Travel Agent Fees round trip airfare to Memphis.

Amount $1,402.99 32.00 884.48 32.00 1,362.08 32.00 3,745.55

10/24/2011

Braun, Richard

Lodging Lodging Total

Hotel 10/24/11 - 10/26/11. One night's charge reservation cancellation - meeting was cancelled.

499.00 499.00

07/08/2011 07/11/2011 07/11/2011 07/11/2011 07/11/2011 07/11/2011 07/15/2011 07/15/2011 07/19/2011 07/21/2011 07/22/2011 07/25/2011 07/26/2011 07/29/2011 08/05/2011 08/08/2011 08/15/2011 08/15/2011 08/16/2011 08/17/2011 08/17/2011 08/17/2011 08/17/2011 08/18/2011 10/23/2011 10/23/2011 10/24/2011

Laber, Mark Simms, Steven Laber, Mark Laber, Mark Laber, Mark O'Loughlin, Morgan Simms, Steven Simms, Steven Ghi, Katherine Ghi, Katherine Laber, Mark Ghi, Katherine Ghi, Katherine Laber, Mark Simms, Steven Laber, Mark Laber, Mark Goad, David Ghi, Katherine Simms, Steven Laber, Mark Ghi, Katherine Goad, David Laber, Mark Braun, Richard Braun, Richard Braun, Richard

Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation Transportation

Taxi from office to home after working late. Taxi from airport to hotel. Car Rental Standard 7/11/11 - 7/11/11. Taxi from home to LGA. Taxi from LGA to home. Taxi airport to home. Taxi from airport to hotel. Taxi from home to LGA airport. Travel to Memphis for meeting with the company. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from client meeting to airport Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Taxi from office to home after working late. Mileage to attend deposition in DC. Parking while attending deposition in DC. Taxi charge - meeting cancelled at last minute and full fee was charged.

15.00 67.23 74.41 30.50 31.70 27.96 95.00 134.21 17.23 17.89 10.00 17.60 18.07 20.70 126.95 21.00 17.30 52.50 18.32 45.00 17.30 17.50 57.00 22.30 22.20 10.00 97.68 1,102.55 20.00

Transportation Total 07/06/2011 Laber, Mark Working Meals Dinner at office while working late.

07/11/2011 07/11/2011 07/11/2011 07/11/2011 07/11/2011 07/19/2011 07/20/2011 07/21/2011 07/25/2011 07/26/2011 07/26/2011 07/28/2011 08/03/2011 08/09/2011 08/11/2011 08/15/2011 08/15/2011 08/16/2011 08/16/2011 08/16/2011 08/17/2011 08/17/2011 08/17/2011 08/17/2011 08/18/2011

Simms, Steven Simms, Steven Laber, Mark O'Loughlin, Morgan O'Loughlin, Morgan Ghi, Katherine Laber, Mark Ghi, Katherine Ghi, Katherine Laber, Mark Ghi, Katherine Laber, Mark Laber, Mark

Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals

Breakfast while traveling to Memphis Dinner while traveling to Memphis for meeting with the Company. Dinner while traveling to Memphis for meeting with the Company. Breakfast while traveling to Memphis for a meeting with the Company. Dinner for self and M. Laber while traveling to Memphis for meeting with the Company. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner for K. Ghi and self at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner for M. Laber and self at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late. Dinner at office while working late.

13.54 19.75 19.58 14.59 30.52 20.00 10.87 17.72 19.42 20.00 20.00 38.53 20.00 20.00 20.00 40.00 12.19 12.67 20.00 12.05 15.41 20.00 20.00 10.00 20.00 506.84 74.16 49.28 12.95 11.72 30.32 178.43 $6,032.37

Hamilton, Christopher Working Meals Hamilton, Christopher Working Meals Hamilton, Christopher Working Meals Goad, David Laber, Mark Ghi, Katherine Goad, David Laber, Mark Goad, David Ghi, Katherine Simms, Steven Simms, Steven Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals Working Meals

Working Meals Total 07/06/2011 07/14/2011 08/17/2011 08/19/2011 10/04/2011 Bellazain-Harris, Sheba Other Diaz, Matthew Simms, Steven Simms, Steven Steven Simms Other Other Other Other Other Total Grand Total Electronic Data - Pacer Service Center Postage Hotel du Pont Steven Simms c/o Internet - Steven Simms. Internet service while traveling to client meeting. Postage Steven Simms Electronic Data - Pacer Service Center

Note: Meals over $20.00 have been reduced to $20.00 to comply with the Amended Guidelines for Fees and Disbursements for Professionals in Delaware Bankruptcy Cases

EXHIBIT F

EXHIBIT F PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD NOVEMBER 1, 2011 THROUGH NOVEMBER 30, 2011 CODE 14 DATE PROFESSIONAL 11/3/2011 Laber, Mark HOURS DESCRIPTION OF HOURS 2.1 Review and analyze summary of cash amounts due upon emergence and balloting results. 0.2 Participate in call with claims agent.

14

11/3/2011 Laber, Mark

14

11/4/2011 Laber, Mark

0.5 Review and provide commentary on claims estimates.

14

11/7/2011 Laber, Mark

2.0 Prepare updates to claims analysis.

14

11/10/2011 Braun, Richard

2.5 Review claims objection.

14

11/10/2011 Laber, Mark

0.3 Participate in discussion re: claims analysis.

8 Total

7.6

14

11/11/2011 Braun, Richard

1.5 Review claims objection.

14

11/18/2011 Laber, Mark

0.8 Participate in call re: claims reconciliations.

14

11/18/2011 Laber, Mark

0.6 Prepare revised claims analysis.

14

11/21/2011 Korn, Gary

1.0 Peform research on claims analysis.

14

11/28/2011 Braun, Richard

2.0 Perform analysis of certain claims.

14

11/29/2011 Braun, Richard

1.5 Update claims analyisis.

14

11/30/2011 Braun, Richard

3.0 Review claims analysis.

14 Total

10.4

16

11/2/2011 Simms, Steven

0.6 Update on Effective date items.

16

11/2/2011 Simms, Steven

0.5 Participate in call with creditor on Plan items.

16

11/7/2011 Simms, Steven

1.1 Review and discuss closing items.

16

11/7/2011 Laber, Mark

0.3 Participate in discussion related to emergence costs.

EXHIBIT F PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD NOVEMBER 1, 2011 THROUGH NOVEMBER 30, 2011 CODE 16 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.3 Prepare changes to sources and uses summary.

11/8/2011 Laber, Mark

16

11/8/2011 Laber, Mark

1.1 Prepare summary of professional fees and coordinate regarding admin. Prepare for and participate on call with Debtors covering claims reconciliation and Plan process.

16

11/8/2011 Laber, Mark

1.1

16

11/8/2011 Laber, Mark

0.4 Review Plan provisions.

16

11/9/2011 Simms, Steven

0.8 Review update on Confirmation issues.

16

11/9/2011 Laber, Mark

0.7 Coordinate on Plan process, sources and uses.

16

11/10/2011 Simms, Steven

0.4 Review update re: effective date items.

16

11/10/2011 Laber, Mark

0.2 Update sources and uses.

16

11/10/2011 Laber, Mark

1.0 Participate in discussion regarding Plan issues.

16

11/10/2011 Laber, Mark

0.3 Address various Plan related items.

16

11/10/2011 Laber, Mark

0.6 Participate in calls on emergence analysis and update related analysis.

16

11/14/2011 Simms, Steven

0.8 Update on closing items.

16

11/14/2011 Laber, Mark

0.4 Continue to edit emergence analysis.

16

11/15/2011 Laber, Mark

0.3 Review next steps re Confirmation.

16

11/16/2011 Laber, Mark

0.2 Adjust emergence analysis.

16

11/17/2011 Simms, Steven

0.4 Review update on claims items.

16

11/17/2011 Simms, Steven

0.2 Review update on Plan items.

16

11/17/2011 Laber, Mark

0.2 Follow-up on sources and uses.

16

11/18/2011 Simms, Steven

0.6 Review closing items update.

EXHIBIT F PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD NOVEMBER 1, 2011 THROUGH NOVEMBER 30, 2011 CODE 16 DATE PROFESSIONAL HOURS DESCRIPTION OF HOURS 0.6 Revise sources and uses.

11/21/2011 Laber, Mark

16

11/21/2011 Simms, Steven

1.6 Update on closing issues.

16

11/22/2011 Laber, Mark

2.6 Revise flow of funds analysis.

16

11/22/2011 Laber, Mark

0.5 Participate in call covering flow of funds analysis.

16

11/22/2011 Simms, Steven

0.4 Hearing on case issues.

16

11/22/2011 Simms, Steven

0.4 Update on closing items.

16

11/22/2011 Laber, Mark

0.3 Review update re: Plan.

16

11/23/2011 Laber, Mark

1.1 Finalize draft sources and uses analysis.

16

11/23/2011 Laber, Mark

0.6 Discuss comments on sources and uses.

16

11/23/2011 Laber, Mark

0.6 Review correspondence re: flow of funds.

16

11/23/2011 Simms, Steven

1.4 Review closing status update.

16

11/28/2011 Laber, Mark

1.8 Participate in call re: flow of funds.

16

11/28/2011 Laber, Mark

1.1 Update flow of funds.

16

11/28/2011 Simms, Steven

0.8 Correspond re: Closing items.

16

11/29/2011 Laber, Mark

2.6 Prepare revised flow of funds.

16

11/29/2011 Laber, Mark

2.1 Update sources and uses.

16

11/29/2011 Laber, Mark

1.1 Finalize sources and uses.

16

11/29/2011 Simms, Steven

0.6 Review closing items.

16

11/30/2011 Laber, Mark

2.1 Participate in closing calls and update sources and uses.

EXHIBIT F PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD NOVEMBER 1, 2011 THROUGH NOVEMBER 30, 2011 CODE 16 DATE PROFESSIONAL 11/30/2011 Simms, Steven HOURS DESCRIPTION OF HOURS 0.9 Review closing items.

16 Total

35.7

20

11/4/2011 Laber, Mark

0.6 Participate in call with Debtor and Counsel re: Plan next steps.

20

11/7/2011 Laber, Mark

0.5 Prepare for and participate on call re: sources and uses with Debtor.

20

11/21/2011 Laber, Mark

1.1 Participate on closing call, including debrief.

20 Total

2.2

21

11/4/2011 Laber, Mark

0.6 Prepare for and participate in call with Committee re: case update.

21

11/4/2011 Simms, Steven

0.4 Participate in call with Committee re: case update.

21 Total

1.0

22

11/11/2011 Simms, Steven

0.5 Correspond with creditor on emergence items.

22

11/23/2011 Simms, Steven

0.3 Correspond with creditor on case issues.

22 Total

0.8

24

11/14/2011 Hellmund-Mora, Marili

1.0 Prepare October fee application.

24

11/15/2011 Hellmund-Mora, Marili

0.4 Update October fee application.

24

11/16/2011 Laber, Mark

0.2 Review October fee application.

24

11/16/2011 Hellmund-Mora, Marili

0.5 Finalize October fee application.

24

11/16/2011 Hellmund-Mora, Marili

0.6 Prepare second interim fee application.

24

11/17/2011 Hellmund-Mora, Marili

1.5 Prepare second interim fee application.

24

11/18/2011 Laber, Mark

0.3 Review second interim fee application.

EXHIBIT F PERKINS & MARIE CALLENDER'S INC. FTI CONSULTING, INC. DESCRIPTION OF HOURS BY CODE FOR THE PERIOD NOVEMBER 1, 2011 THROUGH NOVEMBER 30, 2011 CODE 24 DATE PROFESSIONAL 11/21/2011 Laber, Mark HOURS DESCRIPTION OF HOURS 0.3 Review and edit interim fee application.

24

11/21/2011 Hellmund-Mora, Marili

0.5 Finalize interim fee application.

24

11/28/2011 Laber, Mark

0.1 Coordinate re: billing.

24

11/28/2011 Hellmund-Mora, Marili

0.4 Begin to prepare final fee application.

24

11/29/2011 Hellmund-Mora, Marili

0.2 Prepare November fee application.

24

11/30/2011 Laber, Mark

0.3 Coordinate re billing.

24

11/30/2011 Hellmund-Mora, Marili

0.4 Prepare November fee application.

24 Total

6.7

Grand Total

64.4