EXHIBIT 10.3 ------------ CONSENT AND REAFFIRMATION OF GUARANTY In order to induce Bank of America, N.A. ("Bank") to enter into that certain Second Amendment dated as of January 30, 2008 (the "Amendment") to that certain Amended and Restated Credit...

                                                                    EXHIBIT 10.3
                                                                    ------------

                      CONSENT AND REAFFIRMATION OF GUARANTY


     In order to  induce  Bank of  America,  N.A.  ("Bank")  to enter  into that
certain Second Amendment dated as of January 30, 2008 (the  "Amendment") to that
certain  Amended and Restated  Credit  Agreement  dated as of June 30, 2004,  as
amended,  between the Bank and California Pizza Kitchen, Inc. ("Borrower"),  the
undersigned (i) consents to said Amendment,  (ii) agrees that nothing  contained
in the Amendment shall diminish,  alter,  amend or effect the obligations of the
undersigned under that certain Master  Subsidiary  Guaranty dated as of December
15, 2000  ("Guaranty")  in favor of Bank,  and (iii) confirms that such Guaranty
remains in full force and effect and reaffirms the same.


Dated: as of January 30, 2008                       CPK MANAGEMENT COMPANY

                                              By:  /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
                                                 ----------------------
                                              Name:  ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
                                                   ------------------
                                              Title: Chief Financial Officer
                                                    ------------------------

                                       1