EX-10.34



 Exhibit 10.34 

Consultancy Agreement 

(1)    Mauser Group B.V., registered with the Trade Register of the Chamber of Commerce under number 60575530, with registered address at
De Boelelaan 7, 1083 HJ Amsterdam, the Netherlands (the “Company”); and 
 (2)    Mr. Stephen Charles Burrard-Lucas, born
on April 14, 1954, with address The Blue House, Isenhurst, Cross in Hand, Heathfield, East Sussex, TN210TQ, UK (the “Board Member”). 
 The
Company and the Board Member are together referred to as the “Parties”. 
  

	1.	SUBJECT-MATTER OF THE AGREEMENT 

 1.1    The Company is the direct and indirect holding
company of the different entities that are active in the manufacturing, distribution, sale and maintenance of industrial packaging solutions (the “Mauser Group”). 

1.2    It is envisaged that following a conversion of the Company into a public limited liability company (naamloze vennootschap)
under the laws of the Netherlands, the shares of the Company are publicly offered and listed at the New York Stock Exchange. 

1.3    Following the conversion, the Board Member will be elected as a director to the Company and it is envisaged that the Board Member
will be Chair of the Audit Committee of the Company and therefore also of the Mauser Group. The Parties expect that the board will be established in HI of 2016. 

1.4    As a board member of the Mauser Group, the Board Member shall advise the Company and the other companies of the Mauser Group and
the Company shall make available to the Board Member the information necessary for the performance of his consultancy services. 
  

	2.	PLACE OF WORK AND WORKING HOURS, OTHER OBLIGATIONS 

 The Board Member is free to structure his working time and
to choose the place of work. The Board Member shall attend the board meetings of the Company, as well as any meeting of the Audit Committee. 
  

	3.	REMUNERATION AND SHARE OPTIONS 

 3.1    The Board Member shall receive: 

 

	(a)	a fee of EUR 80,000 per annum as a director to the Company, plus 

  

	(b)	EUR 25,000 per annum for being the Chair of the Audit Committee, 

 plus any accruing value added tax, which fee
shall be payable quarterly on the first business day of a calendar quarter in arrears for the preceding calendar quarter. The aforementioned fee is a gross amount, so that any deductions, withholding or other taxes to be made by the Company will
reduce these amounts and the Board Member will only receive the amount net of any such deductions, withholdings or other taxes. 

3.2    The Board Member shall be entitled to share options equal to EUR 100,000 per annum, subject to the terms and conditions of
the Mauser Group’s share option program, as amended from time to time. If and to the extent any deductions, withholdings or taxes become payable by the Company or the Company is required to withhold such payment, the Board Member shall
reimburse any such deductions, withholdings or taxes, provided that the Company may set off such reimbursement from any fee payable under this Agreement. 








	4.	EXPENDITURE 

 The Company shall reimburse the Board Member for his reasonable travel expenses and other
expenditures which are spent in the interest of the Company. This will be subject to the provision of receipts suitable for submission for tax purposes. 
  

	5.	CONFIDENTIALITY 

 The Board Member shall permanently maintain secrecy about all confidential matters of the
Mauser Group of which he acquires knowledge in the course of the performance of this Agreement, and must neither disclose them to third parties nor use them other than for the fulfilment of this Agreement. Confidential matters of the Mauser Group
are business or trade secrets and other matters which the Mauser Group has a justified interest in keeping secret, and regarding which there are no statutory duties of disclosure. If the disclosure of confidential matters is necessary for the
fulfilment of this Agreement, the Board Member shall inform the Company prior to the disclosure and shall seek its consent. This confidentiality obligation continues to exist also after the end of the contractual relationship. 

 

	6.	CONTRACTUAL PROHIBITION OF COMPETITION 

 During the term of the Agreement, the Board Member may not enter into
competition with the Mauser Group, either directly or indirectly nor may the Board Member promote such competition by third parties without the Company’s written consent. 

 

	7.	OBJECTS, DOCUMENTS AND DATA OF THE COMPANY 

 7.1    All objects, documents and data of the
Mauser Group made available to the Board Member including any transcripts or copies, remain the property of the Mauser Group. 

7.2    At the Company’s request, at the latest at the end of the contractual relationship, the Board Member must completely surrender
to the Company all such objects, documents and data in his possession without undue delay. Any right of retention with regard to these items is herewith excluded. 
  

	8.	TERM OF THE CONTRACT, TERMINATION 

 8.1    This Agreement shall come into effect upon the
date of the last signature, regardless of whether the Board Member has been appointed as a director to the Company or in any similar role as a non-executive director or advisory board member of the Company or
any of its subsidiaries. If the listing does not occur until 31 December 2017, either Party has the right to terminate this Agreement without further notice. Any remuneration pursuant to clause 3.1 shall be payable upon this Agreement becoming
effective and then pro rata temporis. 
 8.2    The special remuneration for being Chair of the Audit Committee shall
automatically terminate in case the Board Member ceases to be Chair of the Audit Committee. 
 8.3    The Agreement is concluded for an
indefinite period of time and can be terminated by either party by written notice with a period of three months to the end of the month. This Agreement terminates automatically if the Board Member ceases to be a member of a board of the Company.

 8.4    The right to terminate the Agreement for good cause with immediate effect remains unaffected. 

 

	9.	FINAL PROVISIONS 

 9.1    This Agreement is subject to the laws of the Netherlands. The
courts of Amsterdam, the Netherlands, shall have exclusive jurisdiction, without prejudice to the right of appeal to the supreme court (cassatie). 

  
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 9.2    Any changes and/or supplements to this Agreement must be made in writing to be legally
effective unless they are based on as express or individually negotiated agreement. This also applies with regard to any amendment to this written form clause. Orally concluded side-agreements do not exist. 

9.3    In the event individual provisions of the Agreement should become inoperative or if it turns out that the Agreement contains a gap,
then this shall not affect the effectiveness of the remaining provisions of the Agreement. In such a case the Parties assume the obligation to replace the inoperative or missing provision with a provision that is operative and, as far as possible,
adheres to the economic purpose of the inoperative or missing provision. 
 [signatures follow on next page] 

  
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 [Signature page to the consultancy agreement between Mauser Group B.V. and
Mr. Stephen Charles Burrard-Lucss] 
  

			
	Mauser Group B.V.
		
	Place, Date:	 	 Amsterdam, 17/06/2016

		
	Signature:	 	
/s/ Yasemin Demirtas             /s/ 
Christian Storch

		
	Signed by:	 	
Yasemin Demirtas                 
Christian Storch

	
	Mr. Stephen Charles Burrard-Lucas:
		
	Place, Date:	 	 Cross in Hand, 15/05/2016

		
	Signature:	 	 /s/ Stephen Charles Burrard-Lucas



  
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