Document:

EX-10.15

 Exhibit 10.15 

AMENDED AND RESTATED CHAIRMAN SERVICES AGREEMENT 

This Amended and Restated Chairman Services Agreement (this “Agreement”), dated June
[—], 2015, is by and between Milacron Holdings Corp., formerly named Mcron Acquisition Corp., a Delaware Corporation (the “Company”), and Ira G. Boots (“Chairman”
or “Mr. Boots”). 
 WHEREAS, the Company and Mr. Boots, are party to that certain Chairman Services Agreement, dated
as of April 30, 2012 (the “Original Agreement”), pursuant to which Mr. Boots serves as the non-employee chairman of the Board of Directors of the Company (the “Board”). 

WHEREAS, Mr. Boots and the Company now desire to amend and restate the Original Agreement in its entirety pursuant to the terms set forth
herein. 
 NOW, THEREFORE, in consideration of such service and the mutual covenants and promises herein contained, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and Mr. Boots agree as follows: 
  

	1.	Service and Duties. The Company and Chairman agree that Chairman shall serve as a director and the non-employee chairman of the Board, upon the terms and conditions contained in this Agreement, until
terminated by either party in accordance with this Agreement. Chairman shall commit such time as reasonably necessary to fulfill his obligations as non-employee chairman of the Board. Chairman acknowledges that he is not an employee of the Company
in any respect, including within the meaning of all federal, state and local laws and regulations governing employment relationships. The Company acknowledges that Chairman may serve in similar positions with other third party business entities
concurrently with the term of this Agreement without violation of any of the obligations of Chairman herein. Chairman shall have such duties, authorities and responsibilities as are consistent with such position, including, without limitation:

  

	 	•	 	presiding over meetings of the Board; 

  

	 	•	 	establishing requirements for management to communicate with and report to the Board, including, among other things, dates, agendas, presentations and reports; 

 

	 	•	 	working with management and the Board to evaluate performance; and 

  

	 	•	 	meeting with the Company’s Chief Executive Officer and his direct reports, as appropriate. 

 If requested,
Chairman shall also (i) serve as a member of the board of directors of any of the Company’s subsidiaries or affiliates and (ii) serve as a member of committees (including, without limitation, audit or compensation committees) of the
Company’s subsidiaries or affiliates, without additional compensation, provided that such additional service shall not require Chairman to exceed the time commitment specified in this Section 1 or otherwise agreed between Chairman
and the Company. 
 The Company shall maintain directors and officers liability insurance for the benefit of Chairman during the term of this Agreement and
for the period of any liability thereafter with liability coverage that is no less favorable than the liability coverage provided to any other director or any officer of Company. Chairman will also be the beneficiary of indemnification for his
service as a director as provided in the Company’s Certificate of Incorporation and By-laws, and that certain Indemnification Agreement, dated as of August 27, 2012, by and among Chairman, the Company and the Guarantors (as defined
therein). 

	2.	Independent Contractor Status. Chairman acknowledges and agrees that (i) Chairman is an independent contractor, and not an employee, of the Company within the meaning of all federal, state and local
laws and regulations governing employment relationships, including insurance, workers’ compensation, industrial accident, labor and taxes; (ii) except as expressly authorized by the Company, Chairman shall not have any right to act for,
represent or otherwise bind the Company in any manner; (iii) Chairman shall not be entitled to participate in any employee benefit plans or arrangements of the Company and shall not be provided with health and welfare benefits, including,
without limitation, medical and dental coverage; (iv) Chairman shall be solely responsible for any workers’ compensation, unemployment or disability insurance payments, or any social security, income tax or other withholdings, deductions
or payments (including self-employment taxes) that may be required by federal, state or local law with respect to any sums paid to Chairman hereunder; and (v) Chairman shall be required to pay and shall timely remit all self-employment taxes to
the Internal Revenue Service and any other required governmental agencies. 

  

	3.	Compensation. 

 3.1 Annual Fee. In consideration of all services
rendered by Chairman under this Agreement as a director and as the chairman of the Board of the Company, the Company shall pay Chairman a cash director fee (the “Cash Director Fee”) at an annual rate of $250,000 during the Service
Period. The Cash Director Fee shall be paid by the Company, in advance, in equal quarterly installments on the first business day of each quarter. 

3.2 Annual Equity Award. Chairman shall be entitled to receive an annual equity award (the “Annual Equity Award”)
consisting of that number of shares of restricted common stock units (“RSUs”) having an aggregate value on the date of grant of $250,000 (based on the Measurement Date Price (as defined below)), which will have a per unit value
equal to the Measurement Date Price. The grant of the Annual Equity Award will be made each year on a date that is two business days after the public disclosure of the Company’s financial results for the previous fiscal year (such date, the
“Measurement Date”), and that date is subject to any modification by the Board of the Company’s policy regarding compensation for non-management members of the Board, as in effect from time to time. The “Measurement
Date Price” will be equal to the closing sales price of the Company’s common stock on the New York Stock Exchange on the Measurement Date. The Annual Equity Award will be granted pursuant and subject to the Milacron Holdings Corp. 2015
Equity Incentive Plan (the “Plan”), and the RSUs granted in connection therewith will vest in full on the one year anniversary of the date of grant as long as Chairman is serving as non-employee chairman of the Board pursuant and
subject to the terms of Chairman’s award agreement related to the grant. 
 3.3 IPO Equity Award. In connection with the initial
public offering of shares of common stock of the Company, as contemplated by the Company’s Registration Statement on Form S-1 (the “IPO”), Chairman shall be entitled to receive an equity award (the “IPO Equity
Award”) consisting of that number of shares of RSUs having an aggregate value on the date of the IPO of $187,500, with a per unit fair market value equal to the initial public offering price set forth on the cover page of the final
prospectus relating to the IPO. The IPO Equity Award shall be granted to Chairman following the effectiveness of the underwriting agreement to be executed in connection with the IPO and the filing of listing applications with the New York Stock
Exchange and one or more registration statements on Form S-8 with the Securities Exchange Commission to register the shares of common stock to be issued pursuant to the Company’s equity incentive arrangements, but prior to the commencing of
trading of the Company’s common stock on the New York Stock Exchange. The IPO Equity Award will be granted pursuant and subject to the Plan and an award agreement, and the RSUs granted in connection therewith will vest in full on the
Measurement Date in 2016, as long as Chairman is serving as non-employee chairman of the Board on such date. 

  
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 3.4 Reimbursement of Expenses. The Company shall promptly reimburse Chairman for
reasonable and necessary expenses actually incurred by Chairman directly in connection with the business and affairs of the Company and the performance of Chairman’s duties hereunder, together with any other fees related to the position of
non-executive chairman of the Board, in each case subject to appropriate substantiation and itemization of such expenses and fees in accordance with the guidelines and limitations established by the Company from time to time. 

 

	4.	Termination. Upon any termination of service, Chairman shall be entitled to payment of Chairman’s accrued and unpaid Cash Director Fee and reimbursement of expenses under Section 3 hereof
in each case accrued through the date of termination. Chairman shall not be required to refund any advance payment of the Cash Director Fee upon any termination of this Agreement. Except for the payments and benefits described in this
Section 4, Chairman shall not be entitled to receive severance payments or benefits after the last date of service with the Company. Upon any termination of Chairman’s service, Chairman shall be deemed to have resigned as a member
of the board of directors of any of the Company’s subsidiaries or affiliates, to the extent applicable. On or immediately following the date of any termination of Chairman’s service, Chairman shall confirm the foregoing by submitting to
the Company in writing a confirmation of Chairman’s resignation(s). 

  

	5.	Severable Provisions. The provisions of this Agreement are severable and the invalidity of any one or more provisions shall not affect the validity of any other provision. In the event that a court of
competent jurisdiction shall determine that any provision of this Agreement or the application thereof is unenforceable in whole or in part because of the duration or scope thereof, the parties hereto agree that said court in making such
determination shall have the power to reduce the duration and scope of such provision to the extent necessary to make it enforceable, and that the Agreement in its reduced form shall be valid and enforceable to the full extent permitted by law.

  

	6.	Notices. All notices hereunder, to be effective, shall be in writing and shall be deemed effective when delivered by hand or mailed by (a) certified mail, postage and fees prepaid, or
(b) nationally recognized overnight express mail service, as follows: 

 If to the Company: 

Milacron Holdings Corp., a Delaware Corporation 

3010 Disney Street 
 Cincinnati,
OH 45209 
 Attn: Hugh C. O’Donnell 

Tel: (513) 487-5000 
 Fax: (513)
487-5086 
 If to Chairman: 

The last address shown on records of the Company 

or to such other address as a party may notify the other pursuant to a notice given in accordance with this Section 6. 

  
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	7.	Miscellaneous. 

 7.1 Berry Plastic Indemnification. Company shall
indemnify and save Chairman harmless from any claim, demand, liability, loss or damages incurred by Chairman with respect to any action by Berry Plastics Group, Inc. or any affiliate thereto due to the services or attempted services by Chairman
hereunder, including any attorneys’ fees incurred by Chairman or the Company. In the event of the necessity of engagement of counsel for the benefit of Chairman, then Chairman shall have the right to approve any such counsel for the benefit of
Chairman. This obligation of indemnity shall survive termination of this Agreement. 
 7.2 Entire Agreement; Amendment. This Agreement
constitutes the entire agreement between the parties hereto with regard to the subject matter hereof, superseding and replacing the Original Agreement and any other understanding, whether written or oral, regarding or relating to the terms of this
Agreement. This Agreement may not be amended or revised except by a writing signed by the parties. 
 7.3 Assignment and Transfer. The
provisions of this Agreement shall be binding on and shall inure to the benefit of the Company and any successor in interest to the Company who acquires all or substantially all of the Company’s assets. The Company may assign this Agreement to
an affiliate. Neither this Agreement nor any of the rights, duties or obligations of Chairman shall be assignable by Chairman, nor shall any of the payments required or permitted to be made to Chairman by this Agreement be encumbered, transferred or
in any way anticipated, except as required by applicable laws. All rights of Chairman under this Agreement shall inure to the benefit of and be enforceable by Chairman’s personal or legal representatives, estates, executors, administrators,
heirs and beneficiaries. 
 7.4 Governing Law. This Agreement shall be construed under and enforced in accordance with the laws of the
State of Delaware, without regard to the conflicts of law provisions thereof. 
 7.5 Counterparts. This Agreement may be executed in
one or more counterparts, each of which shall be deemed an original and shall have the same effect as if the signatures hereto and thereto were on the same instrument. 

  
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 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the day and
year first above written. 
  

			
	MILACRON HOLDINGS CORP.
		
	By:	 	 
	Name:	 	
	Title:	 	

  
 [SIGNATURE PAGE TO IRA
BOOTS CHAIRMAN SERVICES AGREEMENT] 

 
	
	EXECUTIVE
	
	   

	

  
 [SIGNATURE PAGE TO IRA
BOOTS CHAIRMAN SERVICES AGREEMENT]EX-10.16

 Exhibit 10.16 

MILACRON HOLDINGS CORP. 

2015 Equity Incentive Plan 

Restricted Stock Unit Award Agreement 

This Restricted Stock Unit Award Agreement (this “Agreement”) is made by and between Milacron Holdings Corp., a Delaware
corporation (the “Company”), and [●] (the “Participant”), effective as of [●], 2015 (the “Date of Grant”). 

RECITALS 

WHEREAS, the Company has adopted the Milacron Holdings Corp. 2015 Equity Incentive Plan (as the same may be amended and/or amended and
restated from time to time, the “Plan”), which Plan is incorporated herein by reference and made a part of this Agreement, and capitalized terms not otherwise defined in this Agreement will have the meanings ascribed to those terms
in the Plan; and 
 WHEREAS, the Committee has authorized and approved the grant of an Award to the Participant that will provide the
Participant the opportunity to acquire shares of Common Stock (“Shares”) upon the settlement of stock units, subject to the terms and conditions set forth in the Plan and this Agreement (“Restricted Stock Units”).

 NOW THEREFORE, in consideration of the premises and mutual covenants set forth in this Agreement, the parties agree as follows:

  

	1.	Grant of Restricted Stock Unit Award. The Company hereby grants to the Participant [●] Restricted Stock Units, on the terms and conditions set forth in the Plan and this Agreement, subject to adjustment as
forth in the Plan. 

  

	2.	Vesting of Restricted Stock Units. Subject to the terms and conditions set forth in the Plan and this Agreement, the Restricted Stock Units will vest as follows: 

 

	 	(a)	General. Except as otherwise provided in Sections 2(b), the Restricted Stock Units will vest on the date that is two business days after the public disclosure in 2016 of the Company’s financial results for
fiscal year 2015, subject to the Participant’s continued Service through the vesting date. 

  

	 	(b)	Termination of Service. The Participant shall forfeit, immediately and without consideration, all unvested Restricted Stock Units upon a termination of Service for any reason. The Participant shall forfeit,
immediately and without consideration, all vested Shares upon a termination for Cause. 

  

	3.	Payment 

  

	 	(a)	 Settlement. The Company shall deliver to the Participant within 30 days following the vesting date of the Restricted Stock Units a number of
Shares equal to the aggregate number of Restricted Stock Units that vest as of such date. No 

	 	
fractional Shares shall be delivered; the Company shall pay cash in respect of any fractional Shares. The Company may deliver such shares either through book entry accounts held by, or in the
name of, the Participant or cause to be issued a certificate or certificates representing the number of Shares to be issued in respect of the Restricted Stock Units, registered in the name of the Participant. 

 

	 	(b)	Withholding Requirements. The Company will have the power and the right to deduct or withhold automatically from any Shares deliverable under this Agreement, or to require the Participant or the
Participant’s representative to remit to the Company, the minimum statutory amount necessary to satisfy federal, state and local taxes, domestic or foreign, required by law or regulation to be withheld with respect to any taxable event arising
as a result of this Agreement. 

  

	4.	Adjustment of Shares. In the event of any change with respect to the outstanding shares of Common Stock contemplated by Section 4.5 of the Plan, the Restricted Stock Units may be adjusted in accordance with
Section 4.5 of the Plan. 

  

	5.	Miscellaneous Provisions 

  

	 	(a)	Securities Laws Requirements. No Shares will be issued or transferred pursuant to this Agreement unless and until all then applicable requirements imposed by federal and state securities and other laws, rules and
regulations and by any regulatory agencies having jurisdiction, and by any exchanges upon which the Shares may be listed, have been fully met. As a condition precedent to the issuance of Shares pursuant to this Agreement, the Company may require the
Participant to take any reasonable action to meet those requirements. The Committee may impose such conditions on any Shares issuable pursuant to this Agreement as it may deem advisable, including, without limitation, restrictions under the
Securities Act, as amended, under the requirements of any exchange upon which shares of the same class are then listed and under any blue sky or other securities laws applicable to those Shares. 

 

	 	(b)	Rights of a Shareholder of the Company. Prior to settlement of the Restricted Stock Units, neither the Participant nor the Participant’s representative will have any rights as a shareholder of the Company
with respect to any Shares underlying the Restricted Stock Units and the Participant will not receive payment of, or credit for, dividends or dividend equivalents with respect to any Shares underlying the Restricted Stock Units. 

 

	 	(c)	Transfer Restrictions. The Shares delivered hereunder will be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations and other
requirements of the Securities and Exchange Commission, any stock exchange upon which such shares are listed, any applicable federal or state laws and any agreement with, or policy of, the Company or the Committee to which the Participant is a party
or subject, and the Committee may cause orders or designations to be placed upon the books and records of the Company’s transfer agent to make appropriate reference to such restrictions. 

  
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	 	(d)	No Right to Continued Service. Nothing in this Agreement or the Plan confers upon the Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in
any way the rights of the Company (or any Subsidiary retaining the Participant) or of the Participant, which rights are hereby expressly reserved by each, to terminate his or her Service at any time and for any reason, with or without Cause.

  

	 	(e)	Notification. Any notification required by the terms of this Agreement will be given by the Participant (i) in a writing addressed to the Company at its principal executive office and will be deemed
effective upon actual receipt when delivered by personal delivery or by registered or certified mail, with postage and fees prepaid, or (ii) by electronic transmission to the Company’s e-mail address of the Company’s General Counsel
and will be deemed effective upon actual receipt. Any notification required by the terms of this Agreement will be given by the Company (x) in a writing addressed to the address that the Participant most recently provided to the Company and
will be deemed effective upon personal delivery or within three (3) days of deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid, or (y) by facsimile or electronic transmission to
the Participant’s primary work fax number or e-mail address (as applicable) and will be deemed effective upon confirmation of receipt by the sender of such transmission. 

 

	 	(f)	Entire Agreement. This Agreement and the Plan constitute the entire agreement between the parties hereto with regard to the subject matter of this Agreement. This Agreement and the Plan supersede any other
agreements, representations or understandings (whether oral or written and whether express or implied) that relate to the subject matter of this Agreement. 

  

	 	(g)	Waiver. No waiver of any breach or condition of this Agreement will be deemed to be a waiver of any other or subsequent breach or condition whether of like or different nature. 

 

	 	(h)	Successors and Assigns. The provisions of this Agreement will inure to the benefit of, and be binding upon, the Company and its successors and assigns and upon the Participant, the Participant’s executor,
personal representative(s), distributees, administrator, permitted transferees, permitted assignees, beneficiaries, and legatee(s), as applicable, whether or not any such person will have become a party to this Agreement and have agreed in writing
to be joined herein and be bound by the terms hereof. 

  

	 	(i)	Severability. The provisions of this Agreement are severable, and if any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, then the remaining provisions will
nevertheless be binding and enforceable. 

  
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	 	(j)	Amendment. Except as otherwise provided in the Plan, this Agreement will not be amended unless the amendment is agreed to in writing by both the Participant and the Company. 

 

	 	(k)	Choice of Law; Jurisdiction. This Agreement and all claims, causes of action or proceedings (whether in contract, in tort, at law or otherwise) that may be based upon, arise out of or relate to this Agreement
will be governed by the internal laws of the State of Delaware, excluding any conflicts or choice-of-law rule or principle that might otherwise refer construction or interpretation of this Agreement to the substantive law of another jurisdiction.
The Participant and each party to this Agreement agrees that it will bring all claims, causes of action and proceedings (whether in contract, in tort, at law or otherwise) that may be based upon, arise out of or be related to the Plan and this
Agreement exclusively in the Delaware Court of Chancery or, in the event (but only in the event) that such court does not have subject matter jurisdiction over such claim, cause of action or proceeding, exclusively in the United States District
Court for the District of Delaware (the “Chosen Court”), and hereby (i) irrevocably submits to the exclusive jurisdiction of the Chosen Court, (ii) waives any objection to laying venue in any such proceeding in the Chosen
Court, (iii) waives any objection that the Chosen Court is an inconvenient forum or does not have jurisdiction over any party and (iv) agrees that service of process upon such party in any such claim or cause of action will be effective if
notice is given in accordance with this Agreement.

  

	 	(l)	Signature in Counterparts. This Agreement may be signed in counterparts, manually or electronically, each of which will be an original, with the same effect as if the signatures to each were upon the same
instrument. 

  

	 	(m)	Acceptance. The Participant hereby acknowledges receipt of a copy of the Plan and this Agreement. The Participant has read and understands the terms and provisions of the Plan and this Agreement, and accepts the
Restricted Stock Units subject to all of the terms and conditions of the Plan and this Agreement. In the event of a conflict between any term or provision contained in this Agreement and a term or provision of the Plan, the applicable term and
provision of the Plan will govern and prevail. 

 [Signature page follows.] 

  
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 IN WITNESS WHEREOF, the Company and the Participant have executed this Restricted Stock Award
Agreement as of the Date of Grant. 
  

							
	PARTICIPANT				MILACRON HOLDINGS CORP.
				
	  
				By:		  

 [Signature Page – Restricted Stock Unit Award Agreement]

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