Exhibit 10.2

TERMINATION OF STOCKHOLDERS AGREEMENT

This Termination of the Stockholders Agreement (as defined below) is made as of
April 29, 2014.

RECITALS

WHEREAS, a Stockholders Agreement dated as of August 7, 2012 (the “Stockholders
Agreement”) was entered into by and among BLOOMIN’ BRANDS, INC., a Delaware
Corporation (the “Company”), the BAIN FUNDS, the CATTERTON FUNDS, and the
FOUNDERS (the terms BAIN FUNDS, CATTERTON FUNDS and the FOUNDERS having the same
meaning as defined in the Stockholders Agreement);

WHEREAS, pursuant to Section 4.1 of the Stockholders Agreement, the BAIN FUNDS
and the CATTERTON FUNDS desire to terminate the Stockholders Agreement in its
entirety and the BAIN FUNDS and the Company desire to enter into a new
Stockholders Agreement (“New Stockholders Agreement”) concurrently with the
termination of the Stockholders Agreement.

AGREEMENT

Therefore, the parties hereto hereby agree as follows:

Termination of Stockholders Agreement.

The Stockholders Agreement is hereby terminated in its entirety effective April
29, 2014, subject to, and effective upon, entering into the New Stockholders
Agreement.

In Witness Whereof, each of the BAIN FUNDS and the CATTERTON FUNDS has duly
executed this Termination Agreement as of the date first above written.

SIGNATURE PAGES FOLLOW

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THE BAIN FUNDS:
 
 
 
 
 
 
 
 
 
 
BAIN CAPITAL (OSI) IX COINVESTMENT, L.P.
 
 
 
 
 
 
 
 
By: Bain Capital Partners IX, L.P.,
 
 
 
 
 
 
 
 
 
Its general partner
 
 
 
 
 
 
 
 
 
By: Bain Capital Investors, LLC,
 
 
 
 
 
 
 
 
 
Its general partner
 
 
 
 
 
 
 
 
 
By:
/s/ David Humphrey
 
 
 
 
 
 
 
 
 
Name: David Humphrey
 
 
 
 
 
 
 
 
 
Title: Managing Director
 
 
 
 
 
 
 
 
 
BAIN CAPITAL (OSI) IX, L.P.
 
 
 
 
 
 
 
 
 
By: Bain Capital Partners IX, L.P.,
 
 
 
 
 
 
 
 
 
Its general partner
 
 
 
 
 
 
 
 
 
By: Bain Capital Investors, LLC,
 
 
 
 
 
 
 
 
 
 
Its general partner
 
 
 
 
 
 
 
 
 
By:
/s/ David Humphrey
 
 
 
 
 
 
 
 
 
Name: David Humphrey
 
 
 
 
 
 
 
 
 
Title: Managing Director
 
 
 
 
 
 
 
 
 
BCIP TCV, LLC
 
 
 
 
 
 
 
 
 
By: Bain Capital Investors, LLC,
 
 
 
 
 
 
 
 
 
Its administrative member
 
 
 
 
 
 
 
 
By:
/s/ David Humphrey
 
 
 
 
 
 
 
 
 
Name: David Humphrey
 
 
 
 
 
 
 
 
 
Title: Managing Director
 

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BAIN CAPITAL INTEGRAL INVESTORS 2006, LLC
 
 
 
 
 
 
 
 
By: Bain Capital Investors, LLC,
 
 
 
 
 
 
 
 
 
Its administrative member
 
 
 
 
 
 
 
 
By:
/s/ David Humphrey
 
 
 
 
 
 
 
 
 
Name: David Humphrey
 
 
 
 
 
 
 
 
 
Title: Managing Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
BCIP ASSOCIATES-G
 
 
 
 
 
 
 
 
 
By: Bain Capital Investors, LLC,
 
 
 
 
 
 
 
 
 
 
Its managing partner
 
 
 
 
 
 
 
 
 
By:
/s/ David Humphrey
 
 
 
 
 
 
 
 
 
Name: David Humphrey
 
 
 
 
 
 
 
 
 
Title Managing Director
 
 
 
 
 
 
 

3

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THE CATTERTON FUNDS:
CATTERTON PARTNERS VI – KANGAROO,
 
 
 
L.P.
 
 
 
 
 
 
 
 
 
 
 
By:
Catterton Managing Partner VI, LLC
 
 
 
 
General Partner
 
 
 
 
 
 
 
 
 
 
By:
CP6 Management, LLC
 
 
 
 
Managing Member of General Partner
 
 
 
 
 
 
 
 
 
By:
/s/ J. Michael Chu
 
 
 
 
 
Name: J. Michael Chu
 
 
 
 
 
Title: Authorized Signatory
 
 
 
 
 
 
 
 
 
 
CATTERTON PARTNERS VI – KANGAROO
 
 
 
COINVEST, L.P.
 
 
 
 
 
 
 
 
 
 
By:
Catterton Managing Partner VI, LLC
 
 
 
 
General Partner
 
 
 
 
 
 
 
 
 
 
By:
CP6 Management, LLC
 
 
 
 
Managing Member of General Partner
 
 
 
 
 
 
 
 
 
By:
/s/ J. Michael Chu
 
 
 
 
 
Name: J. Michael Chu
 
 
 
 
 
Title: Authorized Signatory
 
 
 
 
 
 
 

4

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COMPANY:
BLOOMIN’ BRANDS, INC.
 
 
 
 
 
 
 
 
 
By:
/s/ David Deno
 
 
 
 
Name: David Deno
 
 
 
 
Title: Chief Financial and Administrative Officer

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