Form of Director Non-qualified Stock Option Agreement



 Exhibit 10.13 
 NON QUALIFIED STOCK OPTION AGREEMENT, dated as of [                    ] (the “Grant
Date”), by and among TAMINCO ACQUISITION CORPORATION, a Delaware corporation (the “Company”), and [            ] (the “Optionee”).

 WHEREAS, the Company, acting through its Board of Directors (the “Board”), has granted to the
Optionee, effective as of the date of this Agreement, an option under the Company’s 2012 Equity Incentive Plan (the “Plan”) to purchase a number of shares of Common Stock (as defined in the Plan) on the terms and subject to the
conditions set forth in this Agreement and the Plan; 
 WHEREAS, the Option granted pursuant to this Agreement is
intended to be a single option grant made as of the Grant Date and this Agreement will be interpreted accordingly; 

WHEREAS, by accepting this Option, the Optionee agrees that certain restrictions shall apply to the Optionee, which restrictions
are set forth on Schedule I of the Plan; 
 NOW, THEREFORE, in consideration of the promises and of the mutual agreements
contained in this Agreement, the parties hereto agree as follows: 
 Section 1. The Plan. The terms and provisions of the
Plan are hereby incorporated into this Agreement as if set forth herein in their entirety (including, without limitation, the provisions of Articles V and IX and Schedule I). In the event of a conflict between any provision of this Agreement and the
Plan, the provisions of the Plan shall control. A copy of the Plan may be obtained from the Company by the Optionee upon request. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Plan.

 Section 2. Option: Option Price. On the terms and subject to the conditions of the Plan and this Agreement, including,
without limitation, Section 18 of this Agreement, the Optionee shall have the option (the “Option”) to purchase Shares at the price per Share (the “Option Price”) and in the amounts set forth on the signature
page hereto. Payment of the Option Price may be made in the manner specified by Section 5.9 of the Plan. The Option is not intended to qualify for federal income tax purposes as an “incentive stock option” within the meaning of
Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). Except as otherwise provided in Section 7 of this Agreement, the Option shall remain exercisable as to all Vested Options (as defined in
Section 4) until the expiration of the Option Term (as defined in Section 3). Except as otherwise provided in the Plan or this Agreement , upon a Termination of Relationship, the unvested portion of the Option (i.e., that
portion which does not constitute Vested Options) shall terminate. 
 Section 3. Term. The term of the Option (the
“Option Term”) shall commence on the Grant Date and expire on the tenth anniversary of the Grant Date, unless the Option shall have sooner been terminated in accordance with the terms of the Plan (including, without limitation,
Section 5.7 of the Plan) or this Agreement. 
 Section 4. Vesting. Subject to the Optionee’s continued
service with the Company or its Subsidiaries through each applicable vesting date, the Options shall become non-forfeitable (when the Options become non-forfeitable, the “Vested Options”) and shall become exercisable in three equal
installments covering one-third (1/3) of the shares covered by the Option each 







 
(rounded down to the next whole number of shares) on each of (a) the Grant Date, (b) the first anniversary of the Grant Date and (c) the second anniversary of the Grant Date;
provided, however, that all of the Options shall immediately become Vested Options and shall become exercisable upon a Realization Event. Notwithstanding anything contained herein to the contrary, each Option shall cease vesting as of
the time that of the Optionee’s Termination of Relationship with the Company and/or its Subsidiaries for any reason and no Option which is not a Vested Option as of such time shall become a Vested Option thereafter. All decisions by the Board
with respect to any calculations pursuant to this Section (absent manifest error) shall be final and binding on the Optionee. 

Section 5. Restriction on Transfer. The Option may not be transferred, pledged, assigned, hypothecated or otherwise disposed of in
any way by the Optionee inter vivos and may be exercised during the lifetime of the Optionee only by the Optionee. If the Optionee dies, the Option can be transferred to his or her heirs and shall thereafter be exercisable, during the period
specified in Section 7 of this Agreement, by his or her heirs, executors or administrators to the full extent to which the Option was exercisable by the Optionee at the time of his or her death. The Option shall not be subject to
execution, attachment or similar process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Option contrary to the provisions hereof, and the levy of any execution, attachment or similar process upon the Option,
shall be null and void and without effect. Upon the exercise of an Option, to the extent such Optionee is not then a party to the Investor Rights Agreement, the Optionee shall deliver to the Company an Adoption Agreement, in form and substance
satisfactory to the Board, pursuant to which the Optionee agrees to become a party to the Investor Rights Agreement. 
 Section
6. Optionee’s Service Relationship. Nothing in the Option shall confer upon the Optionee any right to continue the Optionee’s directorship or other service relationship with the Company or any of its Affiliates or interfere in any
way with the right of the Company or its Affiliates or stockholders, as the case may be, to terminate the Optionee’s directorship or other service relationship with the Company or its Affiliates or to increase or decrease the Optionee’s
compensation at any time, subject to the terms and conditions of the Optionee’s service agreement. The grant of the Option is a one-time benefit and does not create any contractual or other right to receive any other grant of other Awards under
the Plan in the future. The grant of the Option does not form part of the Participant’s entitlement to remuneration or benefits in terms of his directorship with the Company or any Subsidiary. 

Section 7. Termination. 
 (a) Upon a Termination of Relationship, the Option shall automatically terminate and shall become null and void and be of no further force and effect upon the earliest of: 

(i) The tenth anniversary of the Grant Date; or 

(ii) The later of (A) the first anniversary of any Termination of Relationship of the Optionee or (B) the
thirtieth (30th) day following the expiration of the Belgian Tax Lock-Up Period (as defined in the Plan). 

  
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 Section 8. Notices. All notices, claims, certificates, requests, demands and other
communications hereunder shall be in writing and shall be deemed to have been duly given and delivered if personally delivered or if sent by nationally-recognized overnight courier, by telecopy, or by registered or certified mail, return receipt
requested and postage prepaid, addressed as follows: 
 If to the Company, to it at: 

Taminco Acquisition Corporation 
 c/o Apollo Management, L.P. 
 9 West 57th Street 

New York, New York 100 19 
 Attn:    Scott M. Kleinman and Chief Legal Officer 
 With
copies to: 
 Latham & Watkins 
 885 Third Avenue 
 New York, New York 10022-4802 

	 	Attn:	Taurie M. Zeitzer, Esq. 


	 	    	Bradd L. Williamson, Esq. 

 If
to the Optionee, to him or her at the address set forth on the signature page hereto or to such other address as the party to whom notice is to be given may have furnished to the other party in writing in accordance herewith. Any such notice or
communication shall be deemed to have been received (a) in the case of personal delivery, on the date of such delivery (or if such date is not a business day, on the next business day after the date of delivery), (b) in the case of
nationally-recognized overnight courier, on the next business day after the date sent, (c) the case of telecopy transmission, when received (or if not sent on a business day, on the next business day after the date sent), and (d) in the
case of mailing, on the third business day following that on which the piece of mail containing such communication is posted. 

Section 9. Waiver of Breach. The waiver by either party of a breach of any provision of this Agreement must be in writing and
shall not operate or be construed as a waiver of any other or subsequent breach. 
 Section 10. Optionee’s
Undertaking. The Optionee hereby agrees to take whatever additional actions and execute whatever additional documents the Company may in its reasonable judgment deem necessary or advisable in order to carry out or effect one or more of the
obligations or restrictions imposed on the Optionee pursuant to the express provisions of this Agreement and the Plan. 

Section 11. Modification of Rights. The rights of the Optionee are subject to modification and termination in certain events as
provided in this Agreement and the Plan (with respect to the Options granted hereby). Notwithstanding the foregoing, the Optionee’s rights under this Agreement and the Plan may not be impaired without the Optionee’s consent.
Notwithstanding the foregoing, this Agreement may not be modified or amended if such change would impair the rights of or have material adverse tax consequences for the Optionee without the consent of the Optionee. 

  
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 Section 12. Governing Law. THIS AGREEMENT WILL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT GIVING EFFECT TO ANY CHOICE OF LAW OR CONFLICTING PROVISION OR RULE (WHETHER OF THE STATE OF DELAWARE OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE LAWS OF ANY JURISDICTION OTHER THAN THE
STATE OF DELAWARE TO BE APPLIED. IN FURTHERANCE OF THE FOREGOING, THE INTERNAL LAW OF THE STATE OF DELAWARE WILL CONTROL THE INTERPRETATION AND CONSTRUCTION OF THIS AGREEMENT, EVEN IF UNDER SUCH JURISDICTION’S CHOICE OF LAW OR CONFLICT OF LAW
ANALYSIS, THE SUBSTANTIVE LAW OF SOME OTHER JURISDICTION WOULD ORDINARILY APPLY. 
 Section 13. Counterparts. This
Agreement may be executed in one or more counterparts, and each such counterpart shall be deemed to be an original, but all such counterparts together shall constitute but one agreement. 

Section 14. Entire Agreement. This Agreement and the Plan (and the other writings referred to herein) constitute the entire
agreement between the parties with respect to the subject matter hereof and thereof and supersede all prior written or oral negotiations, commitments, representations and agreements with respect thereto. 

Section 15. Severability. It is the desire and intent of the parties hereto that the provisions of this Agreement be enforced to
the fullest extent permissible under the laws and public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any particular provision of this Agreement shall be adjudicated by a court of competent jurisdiction to be
invalid, prohibited or unenforceable for any reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any
other jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly drawn so as not to be invalid, prohibited or unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn, without
invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction. 
 Section 16. Enforcement. In the event the Company or any Optionee institutes litigation to enforce or protect its rights under this Agreement or the Plan, each party shall be solely responsible for
all attorneys’ fees, out-of-pocket costs and disbursements it incurs relating to such litigation and in no event shall any party be responsible for paying all or any part of any other party’s fees or expenses. 

Section 17. Waiver of Jury Trial. Each party hereto hereby irrevocably and unconditionally waives, to the fullest extent it may
legally and effectively do so, trial by jury in any suit, action or proceeding arising hereunder. 

  
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 Section 18. Acceptance of Option. If the Optionee does not execute this Agreement
within sixty (60) days following the Grant Date and thereby accept the terms and conditions of this Agreement and the Plan (including, without limitation, Schedule I of the Plan), then the Optionee will be deemed to have declined the Option and
the Option will be null and void (and the Optionee will have no rights with respect thereto). 
 [signature page follows]


  
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 IN WITNESS WHEREOF, the parties hereto have executed this Nonqualified Stock Option
Agreement as of the date written under their signature. 
  

			
	 TAMINCO ACQUISITION CORPORATION

		
	By:	 	  

		 	Name:
		 	 Title:
 Date of
signature:

	
	 OPTIONEE

	
	DECLARATION: ELECTION OF TAXATION: Pursuant to article 42 § 1 of the Act of March 26, 1999, the Optionee acknowledges that he is accepting all the terms and
provisions of the Plan including the election for taxation of his Options as of the date of grant provided in Schedule I, that his acceptance of this Nonqualified Stock Option Agreement is made no later than the 60th day after the Grant Date, so that he is eligible for the special
taxation regime provided in said Act of March 26, 1999.
	
	  

	 [Name]

	
	 Residence Address:

	
	  

	
	  

	Date of signature:


 Number of Shares of Common Stock 
 subject to Options:    [            ] 
 Option Price for Options: $100