SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • November 8th, 2024 • Bloomin' Brands, Inc. • Retail-eating places • Florida
This SEPARATION AND RELEASE AGREEMENT (“Agreement”) is entered into by and between Bloomin’ Brands, Inc. (“BBI” or “the Company”) and Astrid Isaacs (“Isaacs”). In consideration of the mutual covenants, conditions and promises set forth in this Agreement, and other good and valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, the undersigned parties agree as follows:
August 21, 2024 Michael Spanos Dear Mike,Letter Agreement • November 8th, 2024 • Bloomin' Brands, Inc. • Retail-eating places
This letter agreement (the “Agreement”) confirms the verbal offer extended to you by Bloomin’ Brands, Inc. (the “Company”) to serve as Chief Executive Officer (“CEO”) of the Company and its Affiliates, reporting to the Board of Directors of the Company (the “Board”). Your effective date will be September 3, 2024 (the “Start Date”). Whenever used in this Agreement, the term “Affiliate” will mean, with respect to any entity, all persons or entities directly or indirectly controlled by Bloomin’ Brands, Inc., where control may be by management authority, contract or equity interest.
