THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

McCormick & SchmickÕs Seafood Restaurants, Inc. (MSSR)

4/17/2006 Proxy Information

Mr. Schmick co-founded McCormick & SchmickÕs Seafood Restaurants, Inc. in 1972 and has been President since March 1997 and Chairman since 2004. From 1997 through 1999, he was also Chief Executive Officer

We lease the premises occupied by JakeÕs Famous Crawfish in Portland, Oregon under a lease dated October 13, 1994 with BOIN Properties, LLC, of which William P. McCormick, our former chairman emeritus, is a member and manager. Under the lease, we pay base rent of $17,500 per month plus an additional amount equal to the difference between six percent of the annual gross sales of JakeÕs Famous Crawfish and the annual base rent. We also pay 60% of assessed taxes under the terms of the lease. On November 23, 2005, we exercised renewal options to extend the term of the restaurant lease with BOIN Properties, LLC, through October 12, 2019, and amended the lease to provide that base rent during the extension period is equal to the existing base rent and to grant the Company two additional five-year renewal options. We believe the terms of the lease are as fair to us as those that would have been available to us in armÕs-length negotiations with an unrelated party.

We lease the premises occupied by McCormick & SchmickÕs Harborside at the Marina in Portland, Oregon under a lease dated February 14, 1985, as amended, with Harborside Partners, LLC, the members of which are William P. McCormick, our former chairman emeritus, Douglas L. Schmick, our Chairman and President, and Saed Mohseni, our Chief Executive Officer and a director. The lease expires on December 31, 2023 and may be renewed for three additional five-year periods. Under the lease, we pay base rent of $20,000 per month plus the additional amount by which five percent of restaurant gross sales in the month exceed $20,000. We also pay a proportional share of taxes, insurance, maintenance and other costs. We believe the terms of the lease are as fair to us as those that would have been available to us in armÕs-length negotiations with an unrelated party.

We lease kitchen and storage space in the premises occupied by JakeÕs Famous Crawfish in Portland, Oregon under a lease dated June 18, 2004 with DLS Investments, LLC, which is owned by Douglas L. Schmick, our Chairman and President, and his spouse. We pay an aggregate base rent of $10,080 per month plus our utilities and a pro rata share of taxes, assessments and insurance. In addition, the lease provides for base rent escalations every three years. On November 23, 2005, we exercised renewal options to extend the term of the kitchen lease through October 12, 2019, with base rent to be adjusted as provided in the lease, and amended the lease to grant the Company two additional five-year renewal options and to assign the kitchen lease to BOIN Properties, LLC, if the Company defaults on the restaurant lease. We believe the terms of the lease are as fair to us as those that would have been available to us in armÕs-length negotiations with an unrelated party.