Exhibit 10.32

[exhibit1032image1.jpg]

Form of Make-Whole Payment and Related Payment
Conditions Agreement Between Former STERIS
Corporation Non-Employee Directors and STERIS Corporation

January ___, 2016                                    Directors

Director Name        
c/o STERIS Corporation
5960 Heisley Road
Mentor, Ohio, 44060

Re: Make-Whole Payment and Related Repayment Conditions

Dear _________,
As you know, on November 2, 2015, STERIS Corporation (“STERIS”) completed the
combination with Synergy Health plc (the “Combination”). You are receiving this
letter because prior to the Combination you were a director of STERIS subject to
the reporting requirements of Section 16(a) of the U.S. Securities Exchange Act
of 1934, as amended. Because of your position, under Section 4985 of the U.S.
Internal Revenue Code of 1986, as amended (“Section 4985”), as a result of the
Combination, a special 15% excise tax (the “Excise Tax”) will be imposed on the
value of certain Stock Compensation (as defined under Section 4985) held by you,
including the Make-Whole Payments (as hereinafter defined) you receive from
STERIS in connection therewith (your “Stock Compensation”).
1.Make-Whole Payment. Under this Letter Agreement, STERIS will provide, or cause
to be provided, to you, subject to your agreement to the Repayment Conditions
(as defined below), a cash payment (a “Make-Whole Payment”) in an amount such
that, on a net after-tax basis, you will be in the same economic position as if
the Excise Tax had not applied to your Stock Compensation and you had not
received the Make-Whole Payment. The amount of the Make-Whole Payment will be
calculated by STERIS in its discretion consistent with the methodology
previously approved by the Board of Directors of STERIS and the Compensation
Committee thereof, and paid to you no later than February 29, 2016 provided that
you have executed and returned this Agreement to STERIS a reasonable time prior
to that date.
2.Repayment Conditions.
(a)    As a condition to your receipt of the Make-Whole Payment, you hereby
acknowledge and agree to the conditions set forth in this Section 2(a) and in
Section 2(b) below. You agree that if, on or before November 2, 2016, you:
(i) voluntarily terminate your service with or resign from the STERIS plc
(“Parent”) Board of Directors (“Board”), or decline to stand for reelection to
the Parent Board, then you will repay to STERIS, within ten (10) business days
following the effective date thereof, the full amount of the Make-Whole Payment
previously paid to you or for your benefit as provided above, or
(ii) engage in any Voluntary Transaction (as defined below) with respect to any
portion of your Stock Compensation to which the Make-Whole Payment related, then
you will repay to STERIS the portion of the Make-Whole Payment previously paid
to you or for your benefit that relates to such portion of your Stock
Compensation, as determined by STERIS in its sole discretion and set forth in a
written notice delivered to you by STERIS, with such repayment to be made at the
time or times specified in such notice (clauses (i) and (ii) together, the
“Repayment Conditions”).
Further, STERIS shall have the right to offset any amount, or any portion
thereof, that you owe to STERIS by operation of the Repayment Conditions against
any amounts otherwise owed to you by STERIS and its affiliates, including the
Parent.
(b)    In connection with the foregoing, you shall notify STERIS promptly
following any Voluntary Transaction in respect of any ordinary shares of the
Parent, par value £0.10 per share (“Shares”, which term also includes any STERIS
common shares, including rights with respect thereto, that were converted to
Parent ordinary shares, or rights with respect thereto, in conjunction with the
Combination). For purposes of this Agreement, “Voluntary Transaction” means the
exercise on or before November 2, 2016 of all or a portion of any option to
purchase Shares granted to you in connection with your performance of services
for STERIS (an “Option”) that was included in your Stock Compensation and in
respect of which the Make-Whole Payment related, except for (x) any such Option
exercise occurring subsequent to the termination of your Board service, provided
that such termination was not a voluntary termination or resignation by you and
did not result from you declining to stand for reelection to the Board and that
such Option would have otherwise expired by its terms on or before November 2,
2016, and/or (y) any disposition of Shares received in connection with an Option
exercise described in clause (x).
3.    Other Terms.
(a)    No provision of this Letter Agreement may be modified or waived unless
such modification or waiver is agreed to in a writing signed by you and STERIS.
The failure by you or STERIS to insist upon strict compliance with any provision
of this Letter Agreement or the failure to assert any right you or STERIS may
have hereunder shall not be deemed to be a waiver of such provision or right or
any other provision or right of this Letter Agreement.
(b)    This Letter Agreement will be governed, construed, and interpreted under
the laws of the State of Ohio without giving effect to any conflict of laws
provisions. This Agreement shall inure to the benefit of and be binding upon
you, STERIS and any successor or assign of STERIS.
(c)    All notices and other communications under this Letter Agreement shall be
in writing and shall be given by hand delivery to the other party or by
registered or certified mail, return receipt requested, postage prepaid,
addressed as follows:

If to you:    At the most recent address on file at STERIS.
If to STERIS:                    STERIS Corporation
5960 Heisley Road
Mentor, Ohio, 44060
Attention: J. Adam Zangerle
or to such other address as either party shall have furnished to the other in
writing in accordance herewith. Notice and communications shall be effective
when actually received by the addressee.

[Signature page follows].

Please acknowledge your agreement to the terms of this Letter Agreement by your
signature below.

Sincerely,

STERIS Corporation

By: ______________________________
    Name: J. Adam Zangerle
    Title: Vice President, General Counsel & Secretary

Acknowledged and Agreed as of the date first written above:

_________________________________
Director Signature

STERIS Corporation * 5960 Heisley Road * Mentor, Ohio 44060-1834 * USA *
440-354-2600 * www.steris.com