Brinker International ( EAT) signed an agreement with Master Restaurant Developers, its franchise partner, to develop 14 new restaurants in south Florida. The restaurants will include 10 On the Border Mexican Grill and Cantina locations over the next six years. Master Restaurant Developers, which is acquiring two of Brinker's restaurants, will also construct four new Chili's Grill and Bar locations. "Brinker has enjoyed a long-standing relationship with MRD and is excited about the opportunity to broaden this franchise agreement," the company said. "Ongoing efforts to sell certain company-owned restaurants and enter into development agreements with strong franchise partners like MRD, combined with further company-restaurant expansion and disciplined capital allocation, will increase cash flow and return on invested capital, enhancing shareholder value."