13D Filing: Delta Partners and Good Times Restaurants Inc. (GTIM)

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We believe that this proposed slate, which includes
four current directors, balances continuity with the need to turn around the Company with a focus on profitability and an enhanced
“shareholder mindset.” While Messrs. Jobson, Stetson and Kropp may be considered, to varying extents, to be affiliated
with Delta Partners, LP in this matter, the remaining nominees are independent of us and all nominees are well suited to represent
the shareholders of the Company.

This letter constitutes our notice to the Company
that we intend to nominate, at the Company’s upcoming annual meeting of shareholders and at any special meeting of shareholders
held in lieu thereof, and at any adjournments, postponements, reschedulings or continuations of either, the individuals named above
to serve as members of the Company’s Board of Directors (or alternate individuals in the case of Messrs. Bailey and Hoback
if either of them are unwilling or unable to serve). We expect to file with the SEC and send to the Company’s shareholders
a definitive proxy statement, which will provide additional information about our nominees and anticipated changes and urge that
shareholders vote for such nominees at the Company’s upcoming annual meeting of shareholders.

Very truly yours,

Delta Partners, LP

REIT Redux LP