Document:

EX-10.16

 Exhibit 10.16 

DIRECTOR SECURITIES PURCHASE AGREEMENT 

THIS DIRECTOR SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made as of February 6, 2015 by and between Fogo de
Chão, Inc., a Delaware corporation (the “Company”), and the individual listed on the signature page attached hereto under the heading “Purchaser” (“Purchaser”). 

WHEREAS, on the terms and subject to the conditions set forth herein, Purchaser desires to subscribe for and purchase, and the Company desires
to sell to Purchaser, that number of shares of common stock, par value $0.01 per share, of the Company (the “Shares”) set forth on Purchaser’s signature page attached hereto below the name of Purchaser for the purchase price
set forth on Purchaser’s signature page attached hereto below the name of Purchaser (the purchase price to be paid by Purchaser herein referred to as the “Purchase Price”). 

NOW, THEREFORE, in order to implement the foregoing and in consideration of the mutual representations, warranties, covenants and agreements
contained herein and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 

SECTION 1. Issuance of Shares. 

(a) At the Closing, Purchaser agrees to purchase, and the Company agrees to issue, the Shares in the amount listed on Purchaser’s
signature page attached hereto at the Purchase Price. “Closing” means February 9, 2015. 
 (b) At the Closing,
Purchaser shall deliver the Purchase Price to the Company (or as directed by the Company) in immediately available funds by wire transfer to an account designated by the Company. 

SECTION 2. Representations and Warranties of the Purchasers. As a material inducement to the Company to enter into this
Agreement, Purchaser represents and warrants to the Company as of the date hereof and as of the date of the Closing, that: 
 (a) Purchaser
has full right, capacity and power to execute and deliver this Agreement and all other agreements and instruments contemplated hereby to which Purchaser is a party, and to perform his or her obligations hereunder and thereunder. This Agreement and
all other agreements and instruments contemplated hereby to which Purchaser is or will become a party have been (or, when executed, will be) duly executed and delivered by or on behalf of Purchaser and, assuming due execution by other parties,
constitute legal, valid and binding agreements, enforceable against Purchaser in accordance with their terms. Purchaser (i) is not a resident of a state that grants a spouse community property rights, (ii) does not have a spouse to whom
community property rights would be available or (iii) has a spouse who has executed a consent in the form attached as Exhibit A hereto. 

 (b) The execution, delivery and performance of this Agreement and all other agreements and
instruments contemplated hereby to which Purchaser is a party and the fulfillment of and compliance with the respective terms hereof and thereof by Purchaser, do not and will not (i) violate any requirements of any material obligation of
Purchaser, or (ii) result in or constitute (with or without the giving of notice, lapse of time or both) any default or event of default under any such material obligation of Purchaser, or give rise to a right of termination of, or accelerate
the performance required by, any terms of any such material obligation or (iii) violate any statute, law ordinance, rule, regulation or order of any court or governmental authority or any judgment, order or decree (U.S. federal, state or local
or foreign) applicable to Purchaser. 
 (c) The Shares to be received by him or her will be acquired by him or her for investment only for
his or her own account, not as a nominee or agent, and not with a view to the sale or distribution of any part thereof in violation of applicable U.S. federal or state or foreign securities laws. Purchaser has no current intention of selling,
granting participation in or otherwise distributing the Shares in violation of applicable U.S. federal or state or foreign securities laws. Purchaser does not have any contract, undertaking, agreement or arrangement with any person or entity to
sell, transfer or grant participation to such person or entity, or to any third person or entity, with respect to any of the Shares, in each case, in violation of applicable U.S. federal or state or foreign securities laws. 

(d) Purchaser understands that the offer and sale of the Shares have not been registered under the Securities Act of 1933 as amended (the
“Securities Act”) or any applicable U.S. state or foreign securities laws, and that the Shares are being issued in reliance on an exemption from registration, which exemption depends upon, among other things, the bona fide nature of
the investment intent and the accuracy of Purchaser’s representations as expressed herein. 
 (e) Purchaser has such knowledge and
experience in financial and business matters as to be capable of evaluating the merits and risks of his or her investment. Purchaser is a sophisticated investor, has relied upon independent investigations made by Purchaser and, to the extent
believed by Purchaser to be appropriate, Purchaser’s representatives, including Purchaser’s own professional, tax and other advisors, and is making an independent decision to invest in the Shares. Purchaser has been furnished with such
documents, materials and information that Purchaser deems necessary or appropriate for evaluating an investment in the Company, and Purchaser has read carefully such documents, materials and information and understands and has evaluated the types of
risks involved with a purchase of the Shares. Purchaser has not relied upon any representations or other information (whether oral or written) from the Company or its respective stockholders, directors, officers or affiliates, or from any other
person or entity, in connection with his or her investment in the Shares. Purchaser acknowledges that the Company has not given any assurances with respect to the tax consequences of the acquisition, ownership and disposition of the Shares. 

(f) Purchaser has had, prior to his or her purchase of the Shares, the opportunity to ask questions of, and receive answers from, the Company
concerning the terms and conditions of the transactions contemplated by this Agreement and Purchaser’s investment in the Shares and to obtain additional information necessary to verify the accuracy of any information furnished to him or her or
to which he or she had access. Purchaser confirms that he or she has satisfied himself or herself with respect to any of the foregoing matters. 

  
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 (g) Purchaser acknowledges that he or she has had the opportunity to seek legal advice from, and
has received legal advice from, legal counsel on this Agreement, the transactions contemplated hereby and all documents, materials and information that he or she has requested or read relating to an investment in the Shares and confirms that he or
she has satisfied himself or herself with respect to any of the foregoing matters. 
 (h) Purchaser understands that no U.S. federal or
state or foreign agency has passed upon this investment or upon the Company, or upon the accuracy, validity or completeness of any documentation provided to Purchaser in connection with the transactions contemplated by this Agreement, nor has any
such agency made any finding or determination as to this investment. 
 (i) Purchaser understands that there are substantial restrictions on
the transferability of the Shares and that on the date of the Closing and for an indefinite period thereafter there will be no public market for the Shares and, accordingly, it may not be possible for Purchaser to liquidate his or her investment in
case of emergency, if at all. In addition, Purchaser understands that the Stockholders Agreement (as defined below) contains substantial restrictions on the transferability of the Shares and provides that, in the event that the conditions relating
to the transfer of any Shares in such document have not been satisfied, the holder shall not transfer any such Shares and, unless otherwise specified, the Company will not recognize the transfer of any such Shares on its books and records or issue
any share certificates representing any such Shares. Any purported transfer not in accordance with the terms of the Stockholders Agreement shall be void. As such, Purchaser understands that: to the extent the Shares are certificated, a restrictive
legend or legends in a form to be set forth in the Stockholders Agreement will be placed on the certificates representing such Shares; a notation will be made in the appropriate records of the Company indicating that each of the Shares is subject to
restrictions on transfer and, if the Company should at some time in the future engage the services of a securities transfer agent, appropriate stop-transfer instructions will be issued to such transfer agent with respect to the Shares; and Purchaser
will sell, transfer or otherwise dispose of the Shares only in a manner consistent with its representations set forth herein and then only in accordance with the Stockholders Agreement. 

(j) Purchaser understands that (i) the Shares may not be sold, transferred or otherwise disposed of without registration under the
Securities Act or an exemption therefrom, (ii) the Shares have not been registered under the Securities Act; (iii) the Shares must be held indefinitely and he or she must continue to bear the economic risk of the investment in the Shares
unless such Share is subsequently registered under the Securities Act or an exemption from such registration is available; (iv) Purchaser is prepared to bear the economic risk of this investment for an indefinite period of time; (v) it is
not anticipated that there will be any public market for the Shares; and (vi) the Shares are characterized as “restricted securities” under the U.S. federal securities laws. 

(k) Purchaser understands that this investment is not recommended for investors who have any need for a current return on this investment or
who cannot bear the risk of 

  
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losing their entire investment. In that regard, Purchaser understands that his or her investment in the Shares involves a high degree of risk of loss of Purchaser’s investment therein, and
that Purchaser may lose the entire amount of his or her investment. Purchaser acknowledges that: (i) he or she has adequate means of providing for his or her current needs and possible personal contingencies and has no need for liquidity in
this investment; (ii) his or her commitment to investments which are not readily marketable is not disproportionate to his or her net worth; and (iii) his or her investment in the Shares will not cause his or her overall financial
commitments to become excessive. 
 (l) At Purchaser’s election, Purchaser has completed the documentation attached as Exhibit B
hereto, and has taken or will timely take all action described therein in order to make an election under Section 83(b) of the Code with respect to the receipt of the Shares. 

SECTION 3. Representations and Warranties of the Company. The Company represents and warrants to Purchaser as of the date
hereof and as of the date of the Closing, that, upon issuance of the Shares by the Company at the Closing and payment in full by Purchaser as provided above, the Shares will be duly authorized and validly issued and will be fully paid and
non-assessable. 
 SECTION 4. Stockholders Agreement. As a condition to the issuance of the Shares by the Company
pursuant to this Agreement, Purchaser agrees to become party to and execute, at the Closing, the Stockholders Agreement of the Brasa (Parent) Inc., dated as of July 20, 2012, as may be amended from time to time (the “Stockholders
Agreement”), by executing the signature page attached as Exhibit C hereto, and the Shares will be subject to the terms of the Stockholders Agreement. For purposes of the Stockholders Agreement, Purchaser shall be deemed an Other
Stockholder (as defined in Section 1.2 of the Stockholders Agreement). 
 SECTION 5. Miscellaneous. 

(a) Binding Effect; Assignability; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto and
their respective heirs, successors, legal representatives and permitted assigns. Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by any party hereto without the consent
of the other party. Nothing in this Agreement is intended to confer on any person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities
under or by reason of this Agreement. 
 (b) Notices. Any notice or other communication provided for herein or given hereunder to a
party hereto must be in writing, and shall be deemed to have been given (i) when personally delivered or delivered by e-mail with confirmation of delivery, (ii) one (1) business day after deposit with Federal Express or similar
overnight courier service, or (iii) three (3) business days after being mailed by first class mail, return receipt requested. A notice shall be addressed, as follows: 

if to the Company, to: 
 14881
Quorum Drive 
 Suite 750 

Dallas, TX 75254 
 Attention:
General Counsel 

  
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 if to any Purchaser, to the address set forth on such Purchaser’s signature page hereto.

 or to such other address or e-mail address as such party may hereafter specify for the purpose by notice to the other parties hereto. 

All such notices, requests and other communications shall be deemed received on the date of receipt by the recipient thereof if received prior to 5:00 p.m. on
a business day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed received on the next succeeding business day in the place of receipt. 

(c) Waiver; Amendment; Termination. No provision of this Agreement may be waived except by an instrument in writing executed by the
party against whom the waiver is to be effective. No provision of this Agreement may be amended or otherwise modified except by an instrument in writing executed by the parties hereto. 

(d) Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without
giving effect to the conflict or choice of law provisions thereof that would give rise to the application of the domestic substantive law of any other jurisdiction. 

(e) Jurisdiction. In addition, each of the parties hereto (i) consents to submit itself to the personal jurisdiction of the
federal and state courts located in Wilmington, Delaware in the event any dispute arises out of this Agreement or any of the transactions contemplated by this Agreement; (ii) agrees that he, she or it will not attempt to deny or defeat such
personal jurisdiction by motion or other request for leave from such court; (iii) agrees that he, she or it will not bring any action relating to this Agreement or any of the transactions contemplated by this Agreement in any court other than
the federal or state courts located in Wilmington, Delaware; and (iv) to the fullest extent permitted by law, consents to service being made through the notice procedures set forth in Section 5(b). Each of the parties hereto hereby agrees
that, to the fullest extent permitted by law, service of any process, summons, notice or document by U.S. registered mail to the respective addresses set forth in Section 5(b) shall be effective service of process for any suit or proceeding in
connection with this Agreement or the transactions contemplated hereby. Each of the parties hereto waives any right to a trial by jury in any such suit or proceeding. 

(f) No Guarantee of Benefit or Gain. Purchaser acknowledges that the Company does not guarantee any benefit or a gain to Purchaser in
connection with the Shares. Purchaser acknowledges that Purchaser is duly aware of the risks involved in investing in securities of the Company. 

(g) No Right to Continued Employment or Service. Purchaser acknowledges that the opportunity to purchase the Shares and this Agreement
shall impose no obligation on the Company or any Subsidiary to continue the employment or service of Purchaser and shall not lessen or affect the right that the Company or any Subsidiary may have to terminate the employment or service of such
Purchaser. 

  
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 (h) No Right to Future Benefits. Purchaser acknowledges that the opportunity to purchase
the Shares and this Agreement do not constitute an acquired right. The Company, in its sole discretion, maintains the right to make, or not to make, additional Shares available for purchase. 

(i) Not Compensation. Purchaser acknowledges that the opportunity to purchase the Shares shall not be included in or deemed to be a
part of any (i) compensation, (ii) definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of Purchaser under any pension, retirement, termination or dismissal
indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any Subsidiary or (iii) calculation of pay for any purpose. 

(j) Data Privacy. Purchaser hereby explicitly consents to the collection, processing, transmission and storage, in any form
whatsoever, of any data of a professional or personal nature described in this Agreement by and among, as applicable, the Company or any Subsidiary that is deemed necessary, in the discretion of the Company or any Subsidiary. The Company may share
such information with any third party in any country, including any registrar, administrative agent, broker or any other person assisting the Company with the implementation, administration and management of the Shares. Purchaser thus authorizes the
Company and any Subsidiary and any possible recipients described herein to receive, possess, use, retain and transfer the data in electronic or other form, for the sole purpose described herein. 

(k) Counterparts; Effectiveness. This Agreement may be executed in one or more counterparts, each of which when executed shall be
deemed to be an original but all of which taken together shall constitute one and the same agreement. Any facsimile or electronic copies hereof or signature hereon shall, for all purposes, be deemed originals. This Agreement shall become effective
when each party hereto shall have received counterparts hereof signed by the other party hereto. Until and unless each party has received a counterpart hereof signed by the other party hereto, this Agreement shall have no effect and no party shall
have any right or obligation hereunder (whether by virtue of any other oral or written agreement or other communication). 
 (l)
Severability. In the event that any one or more of the provisions contained herein, or the application thereof in any circumstance, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and
enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be in any way impaired thereby. 

[signature pages follow] 

  
 6 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written
above. 
  

							
			Company 
			
					FOGO DE CHÃO, INC.
				
					By:		 /s/ Lawrence J. Johnson

					Name:		Lawrence J. Johnson
					Title:		Chief Executive Officer

 Purchaser 

 

	
	 /s/ Gerald Deitchle

	Name: Gerald Deitchle
	
	No. of Shares: 365
	Purchase Price: 100,207.10

  

			
	Address:		XXXXXXXXXXXXXXXX
			XXXXXXXXXXXXXXXX
		
	E-mail Address:		XXXXXXXXXXXXXXXX
		
	Phone Number:		XXXXXXXXXXXXXXXX

 Exhibit A to 

Director Securities Purchase Agreement 

Form of Spousal Consent 

CONSENT OF SPOUSE 
 The
undersigned spouse of Gerald Deitchle, the Purchaser party to the attached Director Securities Purchase Agreement (the “Agreement”) has read and understands the terms of the Agreement and the Stockholders Agreement (as defined in
the Agreement and attached to the Agreement as Exhibit C thereto) and has had an opportunity to discuss such agreements with individuals of his or her choice. The undersigned understands that even if the securities referred to in the
Agreement are considered to be a part of the “marital property” belonging to him or her and his or her spouse, the Agreement and the Stockholders Agreement restrict the transfer or distribution of those securities and provide certain
rights to Fogo de Chão, Inc. (formerly known as Brasa (Parent) Inc.) and certain other Persons in respect of such securities. The undersigned agrees to these restrictions and waives any rights (other than to the economic value of such
securities after their disposition or repurchase) he or she might otherwise have in those shares as specifically identifiable property. 
  

	
	 /s/ Sandra J. Deitchle

	(Signature)
	
	 Sandra J. Deitchle

	(Print Name)

 Date: February 15, 2015 

 Exhibit B to 

Director Securities Purchase Agreement 

Form of Section 83(b) Election Materials 

Form of Section 83(b) Election Instructions 

Fogo de Chão, Inc., formerly known as Brasa (Parent) Inc. 

To make an election under Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”) in connection with
your receipt, for tax purposes, of Shares of Fogo de Chão, Inc., formerly known as Brasa (Parent) Inc. (the “Company”), you should complete and sign three copies of the enclosed Section 83(b) Election form and mail as
indicated no later than [30 days] after the Closing. 
  

	1.	You should mail one copy of the Section 83(b) Election to the Internal Revenue Service (see attached chart for appropriate Internal Revenue Service Center), by certified mail (return receipt requested), using the
attached letter to the Internal Revenue Service, which you must date and sign (also fill in your social security number). 

  

	2.	You should deliver one copy of the Section 83(b) Election to the Company, using the attached letter, which you must date and sign. 

 

	3.	You should retain one copy of the Section 83(b) Election and file it with your 2015 federal income tax return. 

 IRS Service Centers For 83(b) Election 

Questions: 1-800-829-1040 
  

			
	 If you live in:
	    	 Appropriate Service Center Mailing Address

	Florida, Louisiana, Mississippi, Texas	    	Department of the Treasury Internal Revenue Service Austin, TX 73301-0002
		
	Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming	    	Department of the Treasury Internal Revenue Service Fresno, CA 93888-0002
		
	Arkansas, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Wisconsin	    	Department of the Treasury Internal Revenue Service Fresno, CA 93888-0002
		
	Alabama, Georgia, Kentucky, New Jersey, North Carolina, South Carolina, Tennessee, Virginia	    	Department of the Treasury Internal Revenue Service Kansas City, MO 64999-0002
		
	Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, Missouri, New Hampshire, New York, Pennsylvania, Rhode Island, Vermont, West Virginia	    	Department of the Treasury Internal Revenue Service Kansas City, MO 64999-0002
		
	A foreign country, U.S. possession or territory, or use an APO or FPO address, or are a dual-status alien	    	Department of the Treasury Internal Revenue Service Austin, TX 73301-0215

 Election to Include Shares in Gross Income 

Pursuant to Section 83(b) of the Internal Revenue Code 

The undersigned purchased shares of common stock, par value $0.01 per share (the “Shares”), of Fogo de Chão, Inc.,
formerly known as Brasa (Parent) Inc. (the “Company”), on February 9, 2015. 
 The undersigned desires to make a
protective election pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended (“Code §83(b)”). 

Therefore, pursuant to Code §83(b) and Treasury Regulation §1.83-2 promulgated thereunder, the undersigned hereby makes an election,
with respect to the Shares (described more fully in Paragraph 2 below). 
 The following information is supplied in accordance with Treasury
Regulation §1.83-2(e): 
  

	 	1.	The name, address and social security number of the undersigned: 

  

			
	Name:	  	Gerald Deitchle
		
	Address:	  	XXXXXXXXXXX
		
		  	XXXXXXXXXXX
		
	SSN:	  	XXXXXXXXXXX

  

	 	2.	A description of the property with respect to which the election is being made: 

  

					
	 Company
	  	Number of Shares	 
	 Fogo de Chão, Inc., formerly known as Brasa (Parent) Inc.
	  	 	365 Shares	  

  

	 	3.	The property was transferred on February     , 2015 (the “Transfer Date”). The taxable year for which such election is made: calendar year 2015. 

 

	 	4.	The restrictions to which the property is subject: The Shares are subject to the terms set forth in the Stockholders Agreement of the Brasa (Parent) Inc., dated as of July 20, 2012, as may be amended from
time to time. 

  

	 	5.	The aggregate fair market value on the Transfer Date of the property with respect to which the election is being made, determined without regard to any lapse restrictions: $100,207.10 

	 	6.	The aggregate amount paid for such property: $100,207.10 

  

	 	7.	A copy of this election has been furnished to the Company pursuant to Treasury Regulations §1.83-2(e)(7). 

Dated: February 9, 2015 
  

	
	 /s/ Gerald Deitchle

	Print Name: Gerald Deitchle

					
			February     , 2015
		
			Internal Revenue Service Center
		
			 14881 Quorum Drive
 Suite 750

Dallas, TX 75254
 Attention: General Counsel

			
			Re:		Section 83(b) Election
			
			SSN:		  

 Dear Sir or Madam: 

Pursuant to Treasury Regulations Section 1.83-2(c) promulgated under Section 83 of the Internal Revenue Code of 1986, as amended
(the “Code”), enclosed please find an election under Section 83(b) of the Code. 
  

	
	Sincerely,
	
	  

	Print Name: Gerald Deitchle

 Enclosure 

 February 9, 2015 

14881 Quorum Drive 
 Suite 750

 Dallas, TX 75254 
 Attention:
General Counsel 
 Re: Section 83(b) Election 

Dear Sir: 
 Pursuant to Treasury
Regulations Section 1.83-2(d) promulgated under Section 83 of the Internal Revenue Code of 1986, as amended (the “Code”), enclosed please find a copy of an election under Section 83(b) of the Code. 

 

	
	Sincerely,
	
	 /s/ Gerald Deitchle

	Print Name: Gerald Deitchle

 Enclosure 

 Exhibit C to 

Director Securities Purchase Agreement 

SIGNATURE PAGE 
 TO 

STOCKHOLDERS AGREEMENT 
 By
execution of this signature page, the undersigned hereby agrees to become a Party to, and to be bound by the obligations of, and receive the benefits of, that certain Stockholders Agreement, dated as of July 20, 2012, by and among Brasa
(Parent) Inc. (the “Company”), the THL Stockholders (as defined therein), the Co-Investor Stockholders (as defined therein), the Management Stockholders (as defined therein) and the Other Stockholders (as defined therein), as
amended from time to time thereafter, as an Other Stockholder under such agreement. 
  

	
	 /s/ Gerald Deitchle

	Name: Gerald Deitchle
	
	Notice Address:
	
	XXXXXXXXXXXXXXXXXXXX
	
	XXXXXXXXXXXXXXXXXXXX

  

			
	Accepted:
	
	 Fogo de Chão, Inc.,
 formerly
known as Brasa (Parent) Inc.

		
	By:		  

	Name:		Lawrence J. Johnson
	Title:		Chief Executive OfficerEX-10.17

 Exhibit 10.17 

DIRECTOR SECURITIES PURCHASE AGREEMENT 

THIS DIRECTOR SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made as of February 6, 2015 by and between Fogo de
Chão, Inc., a Delaware corporation (the “Company”), and the individual listed on the signature page attached hereto under the heading “Purchaser” (“Purchaser”). 

WHEREAS, on the terms and subject to the conditions set forth herein, Purchaser desires to subscribe for and purchase, and the Company desires
to sell to Purchaser, that number of shares of common stock, par value $0.01 per share, of the Company (the “Shares”) set forth on Purchaser’s signature page attached hereto below the name of Purchaser for the purchase price
set forth on Purchaser’s signature page attached hereto below the name of Purchaser (the purchase price to be paid by Purchaser herein referred to as the “Purchase Price”). 

NOW, THEREFORE, in order to implement the foregoing and in consideration of the mutual representations, warranties, covenants and agreements
contained herein and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 

SECTION 1. Issuance of Shares. 

(a) At the Closing, Purchaser agrees to purchase, and the Company agrees to issue, the Shares in the amount listed on Purchaser’s
signature page attached hereto at the Purchase Price. “Closing” means February 9, 2015. 
 (b) At the Closing,
Purchaser shall deliver the Purchase Price to the Company (or as directed by the Company) in immediately available funds by wire transfer to an account designated by the Company. 

SECTION 2. Representations and Warranties of the Purchasers. As a material inducement to the Company to enter into this
Agreement, Purchaser represents and warrants to the Company as of the date hereof and as of the date of the Closing, that: 
 (a) Purchaser
has full right, capacity and power to execute and deliver this Agreement and all other agreements and instruments contemplated hereby to which Purchaser is a party, and to perform his or her obligations hereunder and thereunder. This Agreement and
all other agreements and instruments contemplated hereby to which Purchaser is or will become a party have been (or, when executed, will be) duly executed and delivered by or on behalf of Purchaser and, assuming due execution by other parties,
constitute legal, valid and binding agreements, enforceable against Purchaser in accordance with their terms. Purchaser (i) is not a resident of a state that grants a spouse community property rights, (ii) does not have a spouse to whom
community property rights would be available or (iii) has a spouse who has executed a consent in the form attached as Exhibit A hereto. 

 (b) The execution, delivery and performance of this Agreement and all other agreements and
instruments contemplated hereby to which Purchaser is a party and the fulfillment of and compliance with the respective terms hereof and thereof by Purchaser, do not and will not (i) violate any requirements of any material obligation of
Purchaser, or (ii) result in or constitute (with or without the giving of notice, lapse of time or both) any default or event of default under any such material obligation of Purchaser, or give rise to a right of termination of, or accelerate
the performance required by, any terms of any such material obligation or (iii) violate any statute, law ordinance, rule, regulation or order of any court or governmental authority or any judgment, order or decree (U.S. federal, state or local
or foreign) applicable to Purchaser. 
 (c) The Shares to be received by him or her will be acquired by him or her for investment only for
his or her own account, not as a nominee or agent, and not with a view to the sale or distribution of any part thereof in violation of applicable U.S. federal or state or foreign securities laws. Purchaser has no current intention of selling,
granting participation in or otherwise distributing the Shares in violation of applicable U.S. federal or state or foreign securities laws. Purchaser does not have any contract, undertaking, agreement or arrangement with any person or entity to
sell, transfer or grant participation to such person or entity, or to any third person or entity, with respect to any of the Shares, in each case, in violation of applicable U.S. federal or state or foreign securities laws. 

(d) Purchaser understands that the offer and sale of the Shares have not been registered under the Securities Act of 1933 as amended (the
“Securities Act”) or any applicable U.S. state or foreign securities laws, and that the Shares are being issued in reliance on an exemption from registration, which exemption depends upon, among other things, the bona fide nature of
the investment intent and the accuracy of Purchaser’s representations as expressed herein. 
 (e) Purchaser has such knowledge and
experience in financial and business matters as to be capable of evaluating the merits and risks of his or her investment. Purchaser is a sophisticated investor, has relied upon independent investigations made by Purchaser and, to the extent
believed by Purchaser to be appropriate, Purchaser’s representatives, including Purchaser’s own professional, tax and other advisors, and is making an independent decision to invest in the Shares. Purchaser has been furnished with such
documents, materials and information that Purchaser deems necessary or appropriate for evaluating an investment in the Company, and Purchaser has read carefully such documents, materials and information and understands and has evaluated the types of
risks involved with a purchase of the Shares. Purchaser has not relied upon any representations or other information (whether oral or written) from the Company or its respective stockholders, directors, officers or affiliates, or from any other
person or entity, in connection with his or her investment in the Shares. Purchaser acknowledges that the Company has not given any assurances with respect to the tax consequences of the acquisition, ownership and disposition of the Shares. 

(f) Purchaser has had, prior to his or her purchase of the Shares, the opportunity to ask questions of, and receive answers from, the Company
concerning the terms and conditions of the transactions contemplated by this Agreement and Purchaser’s investment in the Shares and to obtain additional information necessary to verify the accuracy of any information furnished to him or her or
to which he or she had access. Purchaser confirms that he or she has satisfied himself or herself with respect to any of the foregoing matters. 

  
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 (g) Purchaser acknowledges that he or she has had the opportunity to seek legal advice from, and
has received legal advice from, legal counsel on this Agreement, the transactions contemplated hereby and all documents, materials and information that he or she has requested or read relating to an investment in the Shares and confirms that he or
she has satisfied himself or herself with respect to any of the foregoing matters. 
 (h) Purchaser understands that no U.S. federal or
state or foreign agency has passed upon this investment or upon the Company, or upon the accuracy, validity or completeness of any documentation provided to Purchaser in connection with the transactions contemplated by this Agreement, nor has any
such agency made any finding or determination as to this investment. 
 (i) Purchaser understands that there are substantial restrictions on
the transferability of the Shares and that on the date of the Closing and for an indefinite period thereafter there will be no public market for the Shares and, accordingly, it may not be possible for Purchaser to liquidate his or her investment in
case of emergency, if at all. In addition, Purchaser understands that the Stockholders Agreement (as defined below) contains substantial restrictions on the transferability of the Shares and provides that, in the event that the conditions relating
to the transfer of any Shares in such document have not been satisfied, the holder shall not transfer any such Shares and, unless otherwise specified, the Company will not recognize the transfer of any such Shares on its books and records or issue
any share certificates representing any such Shares. Any purported transfer not in accordance with the terms of the Stockholders Agreement shall be void. As such, Purchaser understands that: to the extent the Shares are certificated, a restrictive
legend or legends in a form to be set forth in the Stockholders Agreement will be placed on the certificates representing such Shares; a notation will be made in the appropriate records of the Company indicating that each of the Shares is subject to
restrictions on transfer and, if the Company should at some time in the future engage the services of a securities transfer agent, appropriate stop-transfer instructions will be issued to such transfer agent with respect to the Shares; and Purchaser
will sell, transfer or otherwise dispose of the Shares only in a manner consistent with its representations set forth herein and then only in accordance with the Stockholders Agreement. 

(j) Purchaser understands that (i) the Shares may not be sold, transferred or otherwise disposed of without registration under the
Securities Act or an exemption therefrom, (ii) the Shares have not been registered under the Securities Act; (iii) the Shares must be held indefinitely and he or she must continue to bear the economic risk of the investment in the Shares
unless such Share is subsequently registered under the Securities Act or an exemption from such registration is available; (iv) Purchaser is prepared to bear the economic risk of this investment for an indefinite period of time; (v) it is
not anticipated that there will be any public market for the Shares; and (vi) the Shares are characterized as “restricted securities” under the U.S. federal securities laws. 

(k) Purchaser understands that this investment is not recommended for investors who have any need for a current return on this investment or
who cannot bear the risk of 

  
 3 

 
losing their entire investment. In that regard, Purchaser understands that his or her investment in the Shares involves a high degree of risk of loss of Purchaser’s investment therein, and
that Purchaser may lose the entire amount of his or her investment. Purchaser acknowledges that: (i) he or she has adequate means of providing for his or her current needs and possible personal contingencies and has no need for liquidity in
this investment; (ii) his or her commitment to investments which are not readily marketable is not disproportionate to his or her net worth; and (iii) his or her investment in the Shares will not cause his or her overall financial
commitments to become excessive. 
 (l) At Purchaser’s election, Purchaser has completed the documentation attached as Exhibit B
hereto, and has taken or will timely take all action described therein in order to make an election under Section 83(b) of the Code with respect to the receipt of the Shares. 

SECTION 3. Representations and Warranties of the Company. The Company represents and warrants to Purchaser as of the date
hereof and as of the date of the Closing, that, upon issuance of the Shares by the Company at the Closing and payment in full by Purchaser as provided above, the Shares will be duly authorized and validly issued and will be fully paid and
non-assessable. 
 SECTION 4. Stockholders Agreement. As a condition to the issuance of the Shares by the Company
pursuant to this Agreement, Purchaser agrees to become party to and execute, at the Closing, the Stockholders Agreement of the Brasa (Parent) Inc., dated as of July 20, 2012, as may be amended from time to time (the “Stockholders
Agreement”), by executing the signature page attached as Exhibit C hereto, and the Shares will be subject to the terms of the Stockholders Agreement. For purposes of the Stockholders Agreement, Purchaser shall be deemed an Other
Stockholder (as defined in Section 1.2 of the Stockholders Agreement). 
 SECTION 5. Miscellaneous. 

(a) Binding Effect; Assignability; Benefit. This Agreement shall inure to the benefit of and be binding upon the parties hereto and
their respective heirs, successors, legal representatives and permitted assigns. Neither this Agreement nor any right, remedy, obligation or liability arising hereunder or by reason hereof shall be assignable by any party hereto without the consent
of the other party. Nothing in this Agreement is intended to confer on any person other than the parties hereto, and their respective heirs, successors, legal representatives and permitted assigns, any rights, remedies, obligations or liabilities
under or by reason of this Agreement. 
 (b) Notices. Any notice or other communication provided for herein or given hereunder to a
party hereto must be in writing, and shall be deemed to have been given (i) when personally delivered or delivered by e-mail with confirmation of delivery, (ii) one (1) business day after deposit with Federal Express or similar
overnight courier service, or (iii) three (3) business days after being mailed by first class mail, return receipt requested. A notice shall be addressed, as follows: 

if to the Company, to: 
 14881
Quorum Drive 
 Suite 750 

Dallas, TX 75254 
 Attention:
General Counsel 

  
 4 

 if to any Purchaser, to the address set forth on such Purchaser’s signature page hereto.

 or to such other address or e-mail address as such party may hereafter specify for the purpose by notice to the other parties hereto. 

All such notices, requests and other communications shall be deemed received on the date of receipt by the recipient thereof if received prior to 5:00 p.m. on
a business day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed received on the next succeeding business day in the place of receipt. 

(c) Waiver; Amendment; Termination. No provision of this Agreement may be waived except by an instrument in writing executed by the
party against whom the waiver is to be effective. No provision of this Agreement may be amended or otherwise modified except by an instrument in writing executed by the parties hereto. 

(d) Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without
giving effect to the conflict or choice of law provisions thereof that would give rise to the application of the domestic substantive law of any other jurisdiction. 

(e) Jurisdiction. In addition, each of the parties hereto (i) consents to submit itself to the personal jurisdiction of the
federal and state courts located in Wilmington, Delaware in the event any dispute arises out of this Agreement or any of the transactions contemplated by this Agreement; (ii) agrees that he, she or it will not attempt to deny or defeat such
personal jurisdiction by motion or other request for leave from such court; (iii) agrees that he, she or it will not bring any action relating to this Agreement or any of the transactions contemplated by this Agreement in any court other than
the federal or state courts located in Wilmington, Delaware; and (iv) to the fullest extent permitted by law, consents to service being made through the notice procedures set forth in Section 5(b). Each of the parties hereto hereby agrees
that, to the fullest extent permitted by law, service of any process, summons, notice or document by U.S. registered mail to the respective addresses set forth in Section 5(b) shall be effective service of process for any suit or proceeding in
connection with this Agreement or the transactions contemplated hereby. Each of the parties hereto waives any right to a trial by jury in any such suit or proceeding. 

(f) No Guarantee of Benefit or Gain. Purchaser acknowledges that the Company does not guarantee any benefit or a gain to Purchaser in
connection with the Shares. Purchaser acknowledges that Purchaser is duly aware of the risks involved in investing in securities of the Company. 

(g) No Right to Continued Employment or Service. Purchaser acknowledges that the opportunity to purchase the Shares and this Agreement
shall impose no obligation on the Company or any Subsidiary to continue the employment or service of Purchaser and shall not lessen or affect the right that the Company or any Subsidiary may have to terminate the employment or service of such
Purchaser. 

  
 5 

 (h) No Right to Future Benefits. Purchaser acknowledges that the opportunity to purchase
the Shares and this Agreement do not constitute an acquired right. The Company, in its sole discretion, maintains the right to make, or not to make, additional Shares available for purchase. 

(i) Not Compensation. Purchaser acknowledges that the opportunity to purchase the Shares shall not be included in or deemed to be a
part of any (i) compensation, (ii) definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of Purchaser under any pension, retirement, termination or dismissal
indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any Subsidiary or (iii) calculation of pay for any purpose. 

(j) Data Privacy. Purchaser hereby explicitly consents to the collection, processing, transmission and storage, in any form
whatsoever, of any data of a professional or personal nature described in this Agreement by and among, as applicable, the Company or any Subsidiary that is deemed necessary, in the discretion of the Company or any Subsidiary. The Company may share
such information with any third party in any country, including any registrar, administrative agent, broker or any other person assisting the Company with the implementation, administration and management of the Shares. Purchaser thus authorizes the
Company and any Subsidiary and any possible recipients described herein to receive, possess, use, retain and transfer the data in electronic or other form, for the sole purpose described herein. 

(k) Counterparts; Effectiveness. This Agreement may be executed in one or more counterparts, each of which when executed shall be
deemed to be an original but all of which taken together shall constitute one and the same agreement. Any facsimile or electronic copies hereof or signature hereon shall, for all purposes, be deemed originals. This Agreement shall become effective
when each party hereto shall have received counterparts hereof signed by the other party hereto. Until and unless each party has received a counterpart hereof signed by the other party hereto, this Agreement shall have no effect and no party shall
have any right or obligation hereunder (whether by virtue of any other oral or written agreement or other communication). 
 (l)
Severability. In the event that any one or more of the provisions contained herein, or the application thereof in any circumstance, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and
enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be in any way impaired thereby. 

[signature pages follow] 

  
 6 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written
above. 
  
  

							
			Company
			
					FOGO DE CHÃO, INC.
				
					By:		 /s/ Lawrence J. Johnson

					Name:		Lawrence J. Johnson
					Title:		Chief Executive Officer

 Purchaser 

 

			
	 /s/ Neil Moses

	Name:		Neil Moses
	
	No. of Shares: 365
	Purchase Price: 100,207.10

  

			
	Address:		XXXXXXXXXXXXXXXX
			XXXXXXXXXXXXXXXX
		
	E-mail Address:		XXXXXXXXXXXXXXXX
		
	Phone Number:		XXXXXXXXXXXXXXXX

 Exhibit A to 

Director Securities Purchase Agreement 

Form of Spousal Consent 

CONSENT OF SPOUSE 
 The
undersigned spouse of Neil Moses, the Purchaser party to the attached Director Securities Purchase Agreement (the “Agreement”) has read and understands the terms of the Agreement and the Stockholders Agreement (as defined in the
Agreement and attached to the Agreement as Exhibit C thereto) and has had an opportunity to discuss such agreements with individuals of his or her choice. The undersigned understands that even if the securities referred to in the Agreement
are considered to be a part of the “marital property” belonging to him or her and his or her spouse, the Agreement and the Stockholders Agreement restrict the transfer or distribution of those securities and provide certain rights to Fogo
de Chão, Inc. (formerly known as Brasa (Parent) Inc.) and certain other Persons in respect of such securities. The undersigned agrees to these restrictions and waives any rights (other than to the economic value of such securities after their
disposition or repurchase) he or she might otherwise have in those shares as specifically identifiable property. 
  

	
	 /s/ Bridget W. Moses

	(Signature)
	
	 Bridget W. Moses

	(Print Name)

 Date: February 18, 2015 

 Exhibit B to 

Director Securities Purchase Agreement 

Form of Section 83(b) Election Materials 

Form of Section 83(b) Election Instructions 

Fogo de Chão, Inc., formerly known as Brasa (Parent) Inc. 

To make an election under Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”) in connection with
your receipt, for tax purposes, of Shares of Fogo de Chão, Inc., formerly known as Brasa (Parent) Inc. (the “Company”), you should complete and sign three copies of the enclosed Section 83(b) Election form and mail as
indicated no later than [30 days] after the Closing. 
  

	1.	You should mail one copy of the Section 83(b) Election to the Internal Revenue Service (see attached chart for appropriate Internal Revenue Service Center), by certified mail (return receipt requested), using the
attached letter to the Internal Revenue Service, which you must date and sign (also fill in your social security number). 

  

	2.	You should deliver one copy of the Section 83(b) Election to the Company, using the attached letter, which you must date and sign. 

 

	3.	You should retain one copy of the Section 83(b) Election and file it with your 2015 federal income tax return. 

 IRS Service Centers For 83(b) Election 

Questions: 1-800-829-1040 
  

			
	 If you live in:
	    	 Appropriate Service Center Mailing Address

	Florida, Louisiana, Mississippi, Texas	    	Department of the Treasury Internal Revenue Service Austin, TX 73301-0002
		
	Alaska, Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming	    	Department of the Treasury Internal Revenue Service Fresno, CA 93888-0002
		
	Arkansas, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, North Dakota, Ohio, Oklahoma, South Dakota, Wisconsin	    	Department of the Treasury Internal Revenue Service Fresno, CA 93888-0002
		
	Alabama, Georgia, Kentucky, New Jersey, North Carolina, South Carolina, Tennessee, Virginia	    	Department of the Treasury Internal Revenue Service Kansas City, MO 64999-0002
		
	Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, Missouri, New Hampshire, New York, Pennsylvania, Rhode Island, Vermont, West Virginia	    	Department of the Treasury Internal Revenue Service Kansas City, MO 64999-0002
		
	A foreign country, U.S. possession or territory, or use an APO or FPO address, or are a dual-status alien	    	Department of the Treasury Internal Revenue Service Austin, TX 73301-0215

 Election to Include Shares in Gross Income 

Pursuant to Section 83(b) of the Internal Revenue Code 

The undersigned purchased shares of common stock, par value $0.01 per share (the “Shares”), of Fogo de Chão, Inc.,
formerly known as Brasa (Parent) Inc. (the “Company”), on February 9, 2015. 
 The undersigned desires to make a
protective election pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended (“Code §83(b)”). 

Therefore, pursuant to Code §83(b) and Treasury Regulation §1.83-2 promulgated thereunder, the undersigned hereby makes an election,
with respect to the Shares (described more fully in Paragraph 2 below). 
 The following information is supplied in accordance with Treasury
Regulation §1.83-2(e): 
  

	 	1.	The name, address and social security number of the undersigned: 

  

			
	 Name:
	  	Neil Moses
		
	 Address:
	  	
		
	SSN:	  	

  

	 	2.	A description of the property with respect to which the election is being made: 

  

					
	 Company
	  	Number of Shares	 
	 Fogo de Chão, Inc.,

formerly known as Brasa (Parent) Inc.
	  	 	                 Shares	  

  

	 	3.	The property was transferred on February     , 2015 (the “Transfer Date”). The taxable year for which such election is made: calendar year 2015. 

 

	 	4.	The restrictions to which the property is subject: The Shares are subject to the terms set forth in the Stockholders Agreement of the Brasa (Parent) Inc., dated as of July 20, 2012, as may be amended from
time to time. 

  

	 	5.	The aggregate fair market value on the Transfer Date of the property with respect to which the election is being made, determined without regard to any lapse restrictions:
$          

	 	6.	The aggregate amount paid for such property: $         

  

	 	7.	A copy of this election has been furnished to the Company pursuant to Treasury Regulations §1.83-2(e)(7). 

Dated: February     , 2015 
  

			
	  

	Print Name:		Neil Moses

					
			February    , 2015
		
			Internal Revenue Service Center
		
			[Insert Address]
			
			Re:		Section 83(b) Election
			
			SSN:		  

		
			Dear Sir or Madam:

 Pursuant to Treasury Regulations Section 1.83-2(c) promulgated under Section 83 of the Internal
Revenue Code of 1986, as amended (the “Code”), enclosed please find an election under Section 83(b) of the Code. 
  

	
	Sincerely,
	
	  

	Print Name:  Neil Moses

 Enclosure 

 February    , 2015 

14881 Quorum Drive 
 Suite 750

 Dallas, TX 75254 
 Attention:
General Counsel 
 Re: Section 83(b) Election 

Dear Sir: 
 Pursuant to Treasury
Regulations Section 1.83-2(d) promulgated under Section 83 of the Internal Revenue Code of 1986, as amended (the “Code”), enclosed please find a copy of an election under Section 83(b) of the Code. 

 

	
	Sincerely,
	
	  

	Print Name: Neil Moses

 Enclosure 

 Exhibit C to 

Director Securities Purchase Agreement 

SIGNATURE PAGE 
 TO 

STOCKHOLDERS AGREEMENT 
 By
execution of this signature page, the undersigned hereby agrees to become a Party to, and to be bound by the obligations of, and receive the benefits of, that certain Stockholders Agreement, dated as of July 20, 2012, by and among Brasa
(Parent) Inc. (the “Company”), the THL Stockholders (as defined therein), the Co-Investor Stockholders (as defined therein), the Management Stockholders (as defined therein) and the Other Stockholders (as defined therein), as
amended from time to time thereafter, as an Other Stockholder under such agreement. 
  

	
	 /s/ Neil Moses

	Name: Neil Moses
	
	Notice Address:
	
	XXXXXXXXXXXXXXXXXXXX
	
	XXXXXXXXXXXXXXXXXXXX

  

			
	Accepted:
	
	Fogo de Chão, Inc.,
	formerly known as Brasa (Parent) Inc.
		
	By:		  

	Name:		Lawrence J. Johnson
	Title:		Chief Executive Officer

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