April 15, 2016 Chris Brandt Dear Chris,Employment Agreement • August 3rd, 2016 • Bloomin' Brands, Inc. • Retail-eating places
This letter agreement confirms the verbal offer extended to you for the position of Executive Vice President and Chief Brand Officer of Bloomin’ Brands, Inc. (the “Company”). You will report to Liz Smith, Chief Executive Officer. Your start date is May 16, 2016. The terms of your employment will be:
Nonqualified Stock Option Award Agreement Under the Bloomin’ Brands, Inc. 2016 Omnibus Incentive Compensation PlanNonqualified Stock Option Award Agreement • August 3rd, 2016 • Bloomin' Brands, Inc. • Retail-eating places
Bloomin’ Brands, Inc. (the “Company”) hereby issues to the Participant an award (the “Award”) of Nonqualified Stock Options (the “Options”). Each Option represents the right to purchase one Share at the Option Price, subject to the restrictions and other terms and conditions set forth in the Bloomin’ Brands, Inc. 2016 Omnibus Incentive Compensation Plan (the “Plan”) and those set forth in this Agreement, including the Terms and Conditions of Nonqualified Stock Option Award attached hereto as Exhibit A (collectively, the “Agreement”). Any capitalized terms used in this Agreement and not defined herein shall have the meanings ascribed to such terms in the Plan.
Restricted Stock Unit Award Agreement Under the Bloomin’ Brands, Inc. 2016 Omnibus Incentive Compensation PlanRestricted Stock Unit Award Agreement • August 3rd, 2016 • Bloomin' Brands, Inc. • Retail-eating places
Bloomin’ Brands, Inc. (the “Company”) hereby issues to the Participant an award (the “Award”) of Restricted Stock Units (the “RSUs”). Each RSU represents an unfunded, unsecured promise of the Company to deliver to the Participant one Share, subject to the vesting and other restrictions, terms and conditions set forth in the Bloomin’ Brands, Inc. 2016 Omnibus Incentive Compensation Plan (the “Plan”) and those set forth in this Agreement, including the Terms and Conditions of RSU Award attached hereto as Exhibit A (collectively, the “Agreement”). Any capitalized terms used in this Agreement and not defined herein shall have the meanings ascribed to such terms in the Plan.
Performance Award Agreement Under the Bloomin’ Brands, Inc. 2016 Omnibus Incentive Compensation PlanPerformance Award Agreement • August 3rd, 2016 • Bloomin' Brands, Inc. • Retail-eating places
Bloomin’ Brands, Inc. (the “Company”) hereby issues to the Participant an award (the “Award”) of performance-based Share units (“Performance Awards”). Each Performance Award represents an unfunded, unsecured promise of the Company to deliver to the Participant one Share, subject to the vesting and other restrictions, terms and conditions set forth in the Bloomin’ Brands, Inc. 2016 Omnibus Incentive Compensation Plan (the “Plan”) and those set forth in this Agreement, including the Terms and Conditions of Performance Award attached hereto as Exhibit A and the Performance-Based Vesting Terms and Conditions contained in Exhibit B (collectively, the “Agreement”). Any capitalized terms used in this Agreement and not defined herein shall have the meanings ascribed to such terms in the Plan.
