EXHIBIT 10.1
EX-10.1
SEPARATION, ADVISOR AND RELEASE AGREEMENT
May 12, 2026
Ms. Jennifer Hyman At the address on file with the Company
Dear Jenn:
This Separation, Advisor and Release Agreement (the “Agreement”) confirms the agreement between you, Rent the Runway, Inc. (together with its subsidiaries and affiliates, the “Company”) and, solely for purposes of Section 6(d) and Section 9 of this Agreement, the Investor Group (as defined below) describing the terms and conditions of your separation from, and advisor services to, the Company and the transition of your duties and responsibilities on behalf of the Company following your resignation from the Company without Good Reason, as defined in that certain employment agreement entered into by and between you and the Company, as most recently amended on August 20, 2025 (the “Employment Agreement”).
| 1. | Separation and Transition Services. |
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