EXHIBIT 10.2
EX-10.2
May 12, 2026
Jennifer Y. Hyman
Benjamin Stauffer
JYH 2021 Children’s Trust dtd 10/12/21 Justin Finnegan TTEE
BS 2021 Family Trust dtd 10/12/21 Justin Finnegan TTEE
JYH 2012 Article 2nd Trust dtd 1/23/20 Linda Hyman & Justine Finnegan TTEES
Linda S Hyman & Dov I Hyman JTWROS
Dear Ladies and Gentlemen:
Reference is made to certain Separation, Consulting and Release Agreement, dated May 12, 2026, by and between Jennifer Y. Hyman and Rent the Runway, Inc., a Delaware corporation (the “Company”, and such agreement, the “Separation Agreement”). This letter agreement (this “Agreement”) confirms the mutual understanding and agreement between Ms. Hyman and Founder (each, a “ Party,” and collectively, the “Parties”), and the Company with respect to the termination of its rights pursuant to that certain Investor Rights Agreement, dated as of August 20, 2025 (the “Investor Rights Agreement”), between the Company and the parties listed as Investors on Exhibit A thereto. Capitalized terms used but not defined herein shall have the meanings
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