 SYRACUSE, N.Y., March 12, 2021 GLOBE NEWSWIRE -- Carrols Restaurant Group, Inc. Carrols or the Company Nasdaq: TAST today announced that as a material inducement to enter into employment with the Company on February 15, 2021, the Company granted an inducement award of 250,000 restricted shares of the Companys common stock the Inducement Award to Carl Hauch, Vice President and Chief Operating Officer of the Company on March 12, 2021, which vests as follows: a 34 of the Inducement Award will vest on the first anniversary of the date of grant, b 33 of the Inducement Award will vest on the second anniversary of the date of grant and c 33 of the Inducement Award will vest on the third anniversary of the date of grant. Vesting of the shares of restricted stock is conditioned upon Mr. Hauchs continued employment with the Company and is subject to acceleration upon certain events. The Inducement Award was granted in accordance with NASDAQ Listing Rule 5635c4 and approved by the Compensation Committee of the Companys Board of Directors. 