Document:

EX-10.53

 Exhibit 10.53 

 
 

 
 EMPLOYMENT CONTRACT 
 10 January 2011 
 between 

UNIVAR EUROPE LIMITED 
 - and - 
 David Jukes 

 This Agreement shall be effective as of 10 January 2011 due to your promotion to become
President of EMEA and shall therefore fully replace your current employment agreement dated 6 December 2004. 
 Between:-

 (1) Univar Europe Limited of Aquarius House, 6 Mid Point Business Park, Thornbury, Bradford, BD3 7AY (the “Company”);
and 
  

	(2)	David Jukes of 11 Monument Green, Weybridge, Surrey KT13 8QS, United Kingdom (“you”) 

This Contract gives the particulars of the terms and conditions on which you are employed by Univar Europe Limited, as required by the Employment Rights
Act 1996 from the date stated overleaf. You are asked to sign this statement to confirm you have received it and agree that it accurately reflects the terms of your contract of employment. You should retain a copy of the statement returning the
other copy to HR at Peckover Street, Bradford. 
 Alteration to these terms and conditions will be notified to you within one month of any
change. 
  

	1.	Continuous Employment 

  

	1.1	Your employment with the Company began on 1 August 2002. No employment with a previous employer counts as part of your continuous period of employment.

  

	2.	Job Title, Place of Work and Duties 

  

	2.1	The Company employs you as President EMEA. You accept that the Company may at its discretion require you to perform other duties or tasks not within the scope of your
normal duties and you agree to perform those duties or undertake those tasks as if they were specifically required under this Agreement. 

  

	2.2	Your base location will be Chertsey – United Kingdom; however, you agree to work anywhere else within EMEA as reasonably required by the Company for the proper
performance of your duties under this Agreement. 

  

	2.3	You shall not during your employment by the Company without the prior written consent of the Company be directly or indirectly employed, engaged, concerned or
interested, whether as a director, employee, sub-contractor, partner, consultant, proprietor, agent or otherwise, in any other business, undertaking or occupation or the setting up of any other business, undertaking or occupation, or accept any
other engagement or public office but you may nevertheless be or become a Minority Holder provided that you disclose this to the Company. 

  

	3.	Freedom/entitlement to take up employment 

  

	3.1	You confirm that you are entitled to work in the UK without any additional approvals and will notify the Company immediately if you cease to be so entitled during your
employment with the Company. 

  

	3.2	You confirm that by taking up employment with the Company or performing your duties under this Agreement you will not be in breach of any contract or any other binding
obligation. 

  

	4.	Normal Hours of Work 

  

	4.1	Normal working hours are 9.00am to 5.00pm Monday to Friday with an unpaid lunch break of 1 hour. You will, however, be expected to work the hours necessary to do the
job for which you are appointed and you will not be entitled to receive any additional remuneration for work outside normal business hours. 

  

	5.	Pay 

  

	5.1	 Your current rate of pay is £ 236,000 per annum paid monthly in arrears by credit transfer, on or about the 25th of each month (the “Salary”) after any necessary
deductions for income tax, national insurance or other authorised deductions have been made. 

  

	5.2	The Company may at any time deduct any sums which you owe to the Company from your Salary or from any other payment due to be made to you by the Company. Such
deductions include but are not limited to, any overpayments, loans or advances made to you by the Company, the cost of repairing any damage or loss to the Company’s property caused by you, any losses suffered by the Company as a result of any
negligence or breach of duty by you, and any sums due under clause 11.4. 

	7.	Bonus 

  

	7.1	During your employment the Company may in its absolute discretion decide to pay you, in addition to the Salary, bonuses of such amounts (if any) at such times and
subject to such conditions as the Board may in its sole discretion decide. For the avoidance of doubt it is agreed that you shall have no contractual right to any bonus payment under this Clause. 

 

	7.2	The Company shall apply the Univar Performance Bonus Scheme whereby the bonus on target shall be 80% of the yearly salary. 

 

	8.	Pension 

  

	8.1	You will be eligible to participate in the Univar pension scheme, subject to the rules of such scheme as amended from time to time. 

 

	8.2	If you join the scheme, the Company will be entitled to deduct contributions from your salary for payment into the scheme on your behalf in accordance with your
instructions and subject to the rules of the scheme in force from time to time. 

  

	8.3	The Company reserves the right to withdraw or amend any of the rules or benefits of the scheme and/or to terminate your participation in the scheme and/or to wind up
the scheme itself. 

  

	9.	Flexible Benefits 

  

	9.1	The Company operates a flexible benefit scheme called U-Flex (the “U-Flex Scheme”) enabling you to flex your benefits and/or purchase additional
benefits available in the scheme at that time. You are entitled to take part in this scheme subject to its rules from time to time in force. Full details of the scheme are available from the HR Department. 

 

	9.2	The Company reserves the right to withdraw or amend any of the rules or benefits of the U-Flex Scheme and/or to terminate your participation in the U-Flex Scheme and/or
to terminate the U-Flex Scheme itself. 

  

	10.	Expenses, Car and Phones 

  

	10.1	The Company will repay to you all reasonable travelling and other expenses properly incurred by you in the performance of your duties provided they are supported by
appropriate and acceptable receipts. 

  

	10.2	The Company shall provide you with: 

  

	 	10.2.1	 A Company car (the “Company Car”) of a make and model determined by reference to the Company’s car policy in force from time to time for
your business and private use. The provision of a Company Car is conditional upon you holding a valid driving licence at all times. 

  

	10.3	In the event that a Company Car is provided to you, the Company will also pay all standing and some running expenses of that car, including a mileage allowance for use
on Company business, but not including fuel used on private trips, including to and from your normal place of work. You must at all times take good care of the Company Car and procure that it is properly taxed and that the provisions and conditions
of any policy of insurance relating to it are observed and that such policy is not rendered void or avoidable. You must also keep the Company Car in a road worthy condition (at the Company’s expense) and comply with all statutory and Company
regulations as laid down from time to time with respect to motor vehicles. You shall also as soon as reasonably practicable notify the Company in writing of any accidents involving your Company Car and of any charges of driving offences which are
brought against you. 

  

	10.4	You shall forthwith return your Company Car in good condition together with all keys and documentation relating thereto to the Company:- 

	 	10.4.1	on the termination of your employment, whether lawful or unlawful; or 

  

	 	10.4.2	where you cease at any time during your employment to hold a current full United Kingdom driving licence. 

 

	10.5	At the request of the Company you may be obliged to return the Company Car prior to the termination of your employment in return for compensation amounting to the lease
value of the Company Car, payable on a monthly basis in arrears during the period of the continuance of your employment. You may not retain the Company Car for any reason, including in relation to any claim you may have against the Company.

  

	10.6	In the event that you are provided with a fully expensed mobile phone it is your responsibility to keep it secure at all times. Although personal use is permitted, this
should not be excessive or inappropriate. 

  

	11.	Holidays 

  

	11.1	 You are entitled to 38 days paid holiday, including statutory holidays, per calendar year. You must take statutory holidays from this entitlement when
they fall on a working day. The holiday year commences on
1st April and ends on 31st March. The Company reserves the right to set the dates of three days
for the Christmas period, for which you will be required to take holiday. The dates of Company holidays and statutory holidays will be notified to you. You must not take any holiday unless you have obtained the prior approval of your line manager to
the request. 

  

	11.2	If your employment commences part way through the holiday year, your holiday entitlement during your first year of employment shall be calculated on a pro rata basis,
rounded up to the nearest whole day. 

  

	11.3	If for any reason you do not take all of your holiday entitlement in any holiday year, you will not be entitled to carry over your unused holiday entitlement into a
subsequent holiday year and you will not be entitled to any payment in lieu. 

  

	11.4	On termination of your employment you will be entitled to be paid in lieu of accrued but untaken holiday save that, where such termination is pursuant to clause 13.2 or
follows your resignation in breach of clause 13.1 or 13.1 such accrued but untaken holiday shall be based on your minimum holiday entitlement under the Working Time Regulations. If you have taken more holiday than your accrued entitlement at the
date of termination of your employment, the Company shall be entitled to deduct the appropriate amount from any payments due to you. The amount of any payment in lieu or deduction for the purposes of this clause shall be calculated on the basis that
each day of paid holiday is equal to 1/260 of your annual basic salary. 

  

	11.5	If you become ill or are injured during a period of statutory holiday and seek to reclassify all or any part of such holiday as sick leave, the Company reserves the
right to require you to provide satisfactory (in the opinion of the Company) medical evidence from a recognised medical practitioner showing that you are unable to work due to illness or injury and such medical evidence should cover the duration of
the illness or injury whilst on holiday. The cost of obtaining such medical evidence will not be reimbursed by the Company. 

  

	11.6	The Company reserves the right to require you to take all or part of your holiday entitlement during your notice period. 

 

	12.	Sickness, Absence and Sick Pay 

  

	12.1	If you are absent from work for whatever reason you must contact your line manager within one hour of your start time on the first day of absence to inform them of the
reason for your absence and its expected duration. 

  

	12.2	If the absence is due to sickness or injury and lasts for 7 calendar days or less you must complete a self-certification form which will be provided to you by the
Company. 

  

	12.3	If the absence is due to sickness or injury and lasts for more than 7 calendar days you will be required to produce a medical certificate signed by your doctor stating
the reason for absence by no later than the 8th calendar day of illness. A new medical certificate should be sent thereafter covering all periods of absence. 

	12.4	Provided you comply with and satisfy the Company’s sick pay requirements and conditions, you will be eligible for sick pay comprising your normal basic salary for
260 working days in total in any 12 month rolling period (“Company Sick Pay”). 

  

	13.	Termination of Employment, Payment in Lieu of Notice and Garden Leave 

 Notice and Summary Dismissal 
  

	13.1	You are required to give and are entitled to receive 12 months notice of termination of employment. 

 

	13.2	The Company has the right to terminate your employment without notice or pay in lieu of notice in the event of gross misconduct or some other fundamental breach of
contract on your part. 

 Garden Leave 
  

	13.3	Without prejudice to the provisions of Clause 13.2 (summary dismissal), the Company may, at any time during your employment require you to cease performing your job for
such period or periods of your employment (including any notice period) as the Company shall in its absolute discretion determine. During any such period of garden leave:- 

 

	 	13.3.1	The Company shall continue to pay the Salary and shall provide all benefits to which you are entitled under this Agreement; 

 

	 	13.3.2	The Company shall be under no obligation to provide any work for you and shall be entitled to appoint any other person or persons to perform your duties under this
Agreement whether on a temporary or a permanent basis; 

  

	 	13.3.3	The Company may forbid you to enter any Group premises or to contact any employees, officers, customers, clients, agents or suppliers of the Group without its prior
consent; 

  

	 	13.3.4	You shall, at the request of the Company, immediately deliver to the Company all or any property in your possession or control which belongs to the Company or any Group
Company or which relates to the business of the Company or any Group Company excluding any Company Car provided to you; 

  

	 	13.3.5	You shall keep the Company informed of your whereabouts so that you can be called upon to perform any appropriate duties as required by the Company; and

  

	 	13.3.6	For the avoidance of doubt you shall continue to be bound by all your obligations under this Agreement insofar as they are compatible with you being on garden leave
including, without limit, your duty of good faith and your duties under Clause 2.1. 

  

	14.	Confidentiality 

  

	14.1	You acknowledge that in the ordinary course of your employment you will be exposed to information about the Company’s business, the business of other Group
Companies and that of the Company’s and the Group’s suppliers, distributors, customers and other third parties. Such information may be a trade secret, confidential or commercially sensitive and may not be readily available to others
engaged in a similar business to that of the Company or any of the Group or to the general public and which if disclosed will be liable to cause harm to the Company or the Group. Such information, whether recorded in writing, on computer disk or in
any other medium or not recorded, is “Confidential Information” and you agree to accept the following restrictions. 

  

	14.2	Confidential Information includes but is not limited to the following – internal financial & management accounts information; investment and pricing
policies; access codes and computer passwords; product data; personnel information; customer, supplier and distributor information which includes their names and addresses, business and trading requirements, contact information, prices and discounts
and margin or other financial information. 

  

	14.3	You will not either during your employment or after its termination, without limit in time, use, divulge or communicate to any person, firm, company or organisation any
Confidential information acquired or discovered during the course of your employment with the Company or the Group or make any statement or act in any way which may damage the reputation of the Company or Group. These provisions are without
prejudice to your duties and obligations implied by common law. 

	15.	Restrictive Covenants 

  

	15.1	For the purposes of this Clause the following words and expressions shall have the following meanings: 

 

			
	“Business”	  	the business or businesses of the Company or any other Group Company in or with which you have been involved or concerned at any time during the period of 6 months prior to the
Termination Date
		
	“directly or indirectly”	  	you acting either alone and on your own behalf or jointly with or on behalf of any other person, firm or company, whether as principal, partner, manager, employee, contractor,
director, consultant, investor or otherwise
		
	“Key Personnel”	  	any person who is at the Termination Date or was at any time during the period of 6 months prior to the Termination Date employed, or engaged as a consultant, in the Business either
(a) in a sales role or (b) in an executive or senior managerial capacity and in either case with whom you have had dealings other than in a de minimis way during the course of your employment
		
	“Prospective Customer”	  	any person, firm or company which has been engaged in negotiations, with which you have been personally involved, with the Company or any Group Company with a view to purchasing
goods or services from the Company or any Group Company during the period of 6 months prior to the Termination Date
		
	“Relevant Area”	  	England, Wales, Scotland, Northern Ireland, Albania, Andorra, Armenia, Austria, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic,
Denmark, Estonia, Faroe Islands, Finland, France, Georgia, Germany, Gibraltar, Greece, Greenland, Hungary, Iceland, Republic of Ireland, Italy, Kazakhstan, Kyrgyzstan, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia, Malta, Moldova, Monaco,
Netherlands, Norway, Poland, Portugal, Romania, Russian Federation, San Marino, Serbia and Montenegro, Slovakia, Slovenia, Spain, Svalbard and Jan Mayen Islands, Sweden, Switzerland, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan, Bahrain,
British Indian Ocean Territory, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syria, Turkey, United Arab Emirates, Yemen, Algeria, Angola, Benin, Botswana, Bouvet Island, Burkina Faso, Burundi, Cameroon, Cape
Verde, Central African Republic, Chad, Comoros, Congo, Dem. Rep. Congo (Zaire), Cote d’Ivoire, Djibouti, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya Madagascar,
Malawi, Mali, Mauritania, Mauritius, Mayotte, Morocco, Mozambique, Namibia, Niger, Nigeria, Reunion, Rwanda, Sāo Tomé and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Tunisia,
Uganda, Western Sahara, Zambia, Zanzibar, Zimbabwe
		
	“Relevant Customer”	  	any person, firm or company which at any time during the 6 months prior to the Termination Date was a customer of the Company or any Group Company, with whom or which you dealt
other than in a de minimis way or for whom or which you were responsible in a supervisory or managerial capacity on behalf of the Company or any Group Company at any time during the said period
		
	“Relevant Goods and Services”	  	any goods and services competitive with those supplied by the Company or any Group Company at any time during the 6 months prior to the Termination Date in the supply of which you
were involved or concerned other than in a de minimis way at any time during the said period
		
	“Relevant Period”	  	the period of your employment and, for the purposes of Clause 15.2, the period of 3 months from the Termination Date, and for the purposes of Clauses 15.3 and 15.4, the period of 6
months from the Termination Date except that any period of garden leave served by you pursuant to Clause 13.3 during any period of notice prior to the Termination Date shall reduce the Relevant Period
accordingly.

			
	“Relevant Supplier”	  	any person, firm or company which at any time during the 6 months prior to the Termination Date was a supplier of any goods or services (other than utilities and goods or services
supplied for administrative purposes) to the Company or any Group Company and with whom or which you had personal dealings during your employment other than in a de minimis way
		
	“Termination Date”	  	the date on which your employment under this Agreement shall terminate

  

	15.2	Without prejudice to Clause 2.3 you shall not without the prior written consent of the Company directly or indirectly at any time within the Relevant Period engage or
be concerned or interested in any business within the Relevant Area which (a) competes or (b) will at any time during the Relevant Period compete with the Business. Nothing in this sub-clause shall prevent you from being or becoming a
Minority Holder provided that you disclose this to the Company. 

  

	15.3	You shall not, other than during your employment in the ordinary and proper course of your duties and for the benefit of the Company, without the prior written consent
of the Company, directly or Indirectly at any time within the Relevant Period:- 

  

	 	15.3.1	solicit the custom of; or 

  

	 	15.3.2	facilitate the solicitation of; or 

  

	 	15.3.3	deal with 

 any Relevant Customer
in respect of any Relevant Goods and Services; or 
  

	 	15.3.4	solicit the custom of; or 

  

	 	15.3.5	facilitate the solicitation of; or 

  

	 	15.3.6	deal with 

 any Prospective
Customer in respect of any Relevant Goods and Services; or 
  

	 	15.3.7	interfere; or 

  

	 	15.3.8	endeavour to interfere 

 with the
continuance of supplies to the Company and/or any Group Company (or the terms relating to those supplies) by any Relevant Supplier. 
  

	15.4	You shall not without the prior written consent of the Company directly or indirectly at any time during the Relevant Period:- 

 

	 	15.4.1	entice away from the Company or any Group Company; or 

  

	 	15.4.2	endeavour to entice away from the Company or any Group Company; or 

  

	 	15.4.3	employ or engage 

 any Key
Personnel. 
  

	15.5	 You acknowledge that because of the nature of your duties and the particular responsibilities arising as a result of such duties you have or will have
knowledge of Confidential Information and have/will have developed relationships with and have knowledge of and influence over the Group’s customers and staff and are therefore in a position to harm the goodwill and interests of the Company and
any Group Companies (the “Interests”) if you were to make use of such Confidential Information or knowledge or influence for your own purposes or the purposes of another. Accordingly, having regard to the above, you acknowledge that
the provisions of this Clause are fair, reasonable and necessary to protect the Interests. Whilst the provisions of this Clause 15 have been framed with a view to ensuring that the Interests are adequately protected taking account of the
Group’s legitimate expectations of the future 

	 	
development of the business, you acknowledge that the business may change over time and as a result it may become necessary to amend the provisions of this Clause in order to ensure that the
Interests remain adequately protected. You, therefore, agree that the Company shall be entitled to amend the provisions of this Clause in accordance with Clause 15.6 below in order to protect the Interests. 

 

	15.6	In order to amend the provisions of this Clause, the Company shall notify you in writing of why it believes it is necessary to amend this Clause and the amendments
which it proposes. You shall then have a period of 14 calendar days in which to put forward any objections which you might have to the proposed amendments. In the event of that you do not put forward any such objections, this Clause shall take
effect with the proposed amendments on the expiry of the 14 day period. In the event that you do put forward any objections, the Company shall endeavour to accommodate them, insofar as they are reasonable and where reasonably possible, given that
the Company’s overriding objective must be to ensure adequate protection of the Interests, to agree the amendments with you. The Company shall then, having considered your objections, serve a further written notice on you informing you of the
final amendments to this Clause which will thereafter take immediate effect. 

  

	15.7	You acknowledge that the provisions of this Clause 15 shall constitute severable undertakings given to the Company for itself and for the benefit of and as trustee for
each of the other Group Companies and the said undertakings may be enforced by the Company on its own behalf and on behalf of any of the Group Companies. Each of the obligations in this Clause 15 is an entire separate and independent restriction on
you. If any part is found to be invalid or unenforceable the remainder will remain valid and enforceable. If any of the restrictions or obligations contained in this Clause is held not to be valid on the basis that it exceeds what is reasonable for
the protection of the goodwill and interests of the Company or any Group Company but would be valid if part of the wording were deleted then such restrictions or obligations shall apply with such deletions as may be necessary to make it enforceable.

  

	15.8	You acknowledge and agree that you shall be obliged to draw the provisions of this Clause to the attention of any third party who may at any time before or after the
termination of your employment offer to employ or engage you and for whom or with whom you intend to work during the Relevant Period. 

  

	15.9	You shall, at the request and cost of the Company, enter into a direct agreement or undertaking with any Group Company to which you provide services whereby you will
accept restrictions corresponding to the restrictions in this Clause (or such of them as may be appropriate in the circumstances) as the Company may require in the circumstances. 

 

	15.10	You agree that if the Company transfers all or any part of its business to a third party (the “Transferee”), the restrictions contained in this Clause
15 shall, with effect from the date that you become an employee of the Transferee, apply to you as if references to the Company include the Transferee and references to any Group Company include any Group Company of the Transferee.

  

	16.	Company Property 

  

	16.1	Any property and any original or copy documents (however recorded and whether retained electronically or on paper or otherwise) in your possession belonging or relating
to the business of the Company shall be returned to your line manager at any time on request and in any event on the termination of the employment. You must not keep any copies in any form of those documents or any notes or extracts from them.

  

	16.2	You must also retrieve from any storage system of whatever nature (including any computer or database) all information or documents relating to the Group or its
business and record them in a permanent and portable form accessible to the Company. Any such record must then be delivered to the Company immediately. Having retrieved that information and documents, all such information and documents still in your
storage system must then be erased or removed and destroyed as the Company directs. 

  

	17.	Company Handbooks 

  

	17.1	A copy of the Company Handbook is available on the intranet site. You shall observe and be subject to its provisions insofar as they apply to your employment. For the
avoidance of doubt the Company handbook does not constitute part of your contract of employment by reference and can be changed at any time. 

	17.2	When driving a company vehicle you will be subject to the conditions in the Driver’s Handbook. For the avoidance of doubt the Driver’s Handbook does not
constitute part of your contract of employment by reference and can be changed at any time. 

  

	17.3	A hard copy of the Company Handbook and/or the Driver’s Handbook can be made available on request. 

 

	18.	Disciplinary and Grievance Procedures 

  

	18.1	The disciplinary rules that currently apply to your employment are set out in the Company Handbook, a copy of which is available on the Company’s intranet. For the
avoidance of doubt the Company Discipline and Grievance procedure does not constitute part of your contract of employment by reference and can be changed at any time. 

 

	18.2	You are also expected to comply with the obligations set out in the Company’s Code of Conduct, a copy of which is also available on the Company’s intranet.

  

	18.3	The Company reserves the right to suspend you at any time, with pay, whilst investigating any disciplinary matter or for a health and safety reason and/or to suspend
you without pay as a disciplinary measure. 

  

	18.4	The Company’s grievance procedure is to enable you to resolve any problems you may have about any aspect of your employment. You should first discuss the matter
with your manager and only if you are unable to resolve the matter should you then take the steps set out in the grievance procedure. 

  

	19.	Health and Safety 

  

	19.1	The health and safety of all employees whilst at work is a matter of prime importance. It is the duty and responsibility of each employee to familiarise themselves
with, and comply with, the Company’s health and safety policies and procedures. 

  

	20.	Data Protection 

  

	20.1	You are required at all times during your employment to comply with the provisions of the Data Protection Act 1998 and with any policy introduced by the Company to
comply with the Act. 

  

	20.2	You consent to the processing by the Company of personal data, including sensitive personal data, relating to you as necessary for the performance of your contract
and/or the conduct of the Company’s business. 

  

	21.	Miscellaneous 

  

	21.1	There are no collective agreements relevant to your employment. 

  

	21.2	It is not currently envisaged that you will be required to work outside the United Kingdom for a continuous period of more than 1 month. If this changes, and you are
required to work outside the United Kingdom for more than 1 month, details of any changes required to be made to the terms of your employment, for example regarding holidays, benefits, currency of pay and any relocation allowances will be notified
to you. 

  

	21.3	Without prejudice to any specific powers of variation contained in this Agreement, the Company reserves the general right to make reasonable changes to this Agreement
and any other agreed terms and conditions of employment on giving you reasonable notice in writing of any such change. 

  

	21.4	This Agreement sets out the whole agreement between the parties with regard to its subject matter and supersedes any previous agreement (whether verbal or written) made
between the parties at any time. 

  

	21.5	The Company may at its sole discretion transfer this Agreement to any company in the Company’s Group at any time. 

 

	21.6	This Agreement shall be governed by and construed in accordance with English law and the parties hereby submit to the exclusive jurisdiction of the English courts.

	22.	Definitions 

  

			
	 “Associated

Company”
	  	means a company or undertaking (which is not a Subsidiary or Holding Company of the Company or of a Group Company) of which more than 20 per cent of the Equity Share Capital is for
the time being owned by the Company or a Group Company or which for the time being owns more than 20 per cent of the Equity Share Capital of the Company or a Group Company
		
	“Board”	  	means the Leadership Team of the Company from time to time
		
	“Company”	  	means Univar Limited
		
	’Equity Share Capital”	  	has the meaning given to it in section 548 of the Companies Act 2006
		
	“Group”	  	 means
  

(i)       the Company

 
 (ii)      any
Holding Company for the time being of the Company
  
 (iii)     any Subsidiary for the time being of the Company or of the Company’s Holding Company
  

(iv)     any Associated Company and

 
 (v)      any
other company or body corporate or other form of business entity the name of which is notified in writing to you by the Company as being a member of the Group

		
	“Group Company”	  	means any member of the Group, other than the Company, from time to time
		
	“Minority Holder”	  	means a person who, whether solely or jointly, holds or is beneficially interested in the shares or securities of any company quoted on any Recognised Investment Exchange provided
that such holding or interest does not exceed 3 per cent of any single class of such shares or securities. In calculating whether a person is a Minority Holder there shall be aggregated with any shares or securities held by him or to which he is
beneficially entitled any shares or securities of the same class which his spouse or Civil Partner or any dependent child holds or is beneficially entitled to
		
	“Holding Company” and “Subsidiary”	  	have the meanings given to them respectively in section 1159 of the Companies Act 2006

  

					
	SIGNED by David Jukes	 		 	/s/ David Jukes
			
	For and on behalf of the company	 		 	
			
	 SIGNED by John Zillmer

President & CEO Univar Group
	 		 	/s/ John Zillmer
			
	 SIGNED by Amy Weaver

EVP & General Counsel Univar Group
	 		 	/s/ Amy WeaverEX-10.54

 Exhibit 10.54 

EXECUTION VERSION 
 CONFIDENTIAL 

INDEMNIFICATION AGREEMENT 
 This
INDEMNIFICATION AGREEMENT, dated as of November 30, 2010 (the “Agreement”), is among Univar Inc., a Delaware corporation (the “Company”), Univar USA Inc., a Washington corporation (together with the Company,
the “Company Entities”), CVC European Equity Partners IV (A) L.P. and CVC European Equity Partners IV (B) L.P., each a Cayman Islands exempted limited partnership (the “AB Funds”), CVC European Equity
Partners IV (C) L.P., CVC European Equity Partners IV (D) L.P. and CVC European Equity Partners IV (E) L.P., each a Cayman Islands exempted limited partnership (the “CDE Funds”), CVC European Equity Partners Tandem
Fund (A) L.P., CVC European Equity Partners Tandem Fund (B) L.P. and CVC European Equity Partners Tandem Fund (C) L.P., each a Cayman Islands exempted limited partnership (the “Tandem Funds” and, together with the AB
Funds and the CDE Funds, the “Funds”), and CVC European Equity IV (AB) Limited, CVC European Equity IV (CDE) Limited and CVC European Equity Tandem GP Limited, each a limited company governed by the laws of Jersey and CVC Capital
Partners Advisory Company (Luxembourg) S.à.r.l, a société à responsabilité limitée organized under the laws of the Grand Duchy of Luxembourg (each a “Manager”, collectively the
“Managers”). Capitalized terms used herein without definition have the meanings set forth in Section 1 of this Agreement. 

RECITALS 
 A. The Tandem
Funds are managed by CVC European Equity Tandem GP Limited and the AB Funds and the CDE Funds are managed by CVC European Equity IV (AB) Limited and CVC European Equity IV (CDE) Limited, respectively. The general partners of the Tandem Funds, the AB
Funds and the CDE Funds are CVC European Equity Tandem GP Limited, CVC European Equity IV (AB) Limited and CVC European Equity IV (CDE) Limited, respectively (the “GPs of the Funds” and, together with any other investment vehicle
that is a direct or indirect stockholder in the Company and managed by the GPs of the Funds or its Affiliates, “Manager Associates”). 

B. CDR Ulysses, LLC, a Delaware Limited Liability Company is an acquisition vehicle formed by Clayton, Dublilier & Rice, LLC, a
Delaware limited liability company, that has executed a Stock Purchase Agreement, dated as of August 31, 2010 (as the same may be amended from time to time in accordance with its terms and the Stockholders Agreement (as defined below), the
“Stock Purchase Agreement”), among CDR Ulysses, LLC, the Company, and Univar N.V., a company organized under the laws of the Netherlands (“Holdings”), pursuant to which CD&R Univar Holdings, L.P., a Cayman
Islands exempted limited partnership and Affiliate of CDR Ulysses, LLC, and certain of its Affiliates have acquired shares of newly issued Company common stock from the Company (the “Equity Offering”) and shares of the
Company’s common stock from Holding, in each case in the amount provided in the Stock Purchase Agreement (such acquisitions collectively, the “Investment”). 

 C. The Company, Univar N.V., CD&R Univar Holdings, L.P., the other CD&R Investor Parties
(as defined therein) and for the limited purpose of the Observer Rights set for in Section 4.02 therein, Parcom Ulysses 2 S.à r.l., Parcom Buy Out Fund II B.V., GSMP V Onshore US, Ltd., GSMP V Offshore US, Ltd. and GSMP V Institutional
US, Ltd., and for the limited purpose of Section 6.02(c) thereof, Clayton, Dubilier & Rice, LLC and CVC Capital Partners Advisory Company (Luxembourg) S.à.r.l have entered into a Stockholders Agreement (as the same may be
amended from time to time in accordance with the terms thereof, the “Stockholders Agreement”), dated as of the date hereof, setting forth certain agreements with respect to, among other things, the management of the Company and
transfers of its shares in various circumstances. 
 D. Concurrently with the execution and delivery of this Agreement, the Companies have
entered into each of a Monitoring Agreement and Facilitation and Implementation Agreement with each of the Managers, each dated as of the date hereof (as the same may be amended from time to time in accordance with its terms and the Stockholders
Agreement, the “Services Agreements”). 
 E. In connection with the Investment, certain Managers have performed certain
services as described in Section 2(a) of the Monitoring Agreement (such services, the “Initial Services”). 
 F. In
connection with the Investment, the Company and/or one or more of its wholly-owned Subsidiaries intends to consummate the New Financing and to cause the Amended Facilities to become effective. 

G. In connection with the transactions contemplated by the Purchase Agreement, dated as of October 20, 2010, as the same may be amended
from time to time in accordance with its terms, among the Company, Basic Chemical Solutions, LLC and the other parties thereto, the Company intends to consummate the transactions contemplated by the BCS Financing Commitments (the “BCS
Financing”). 
 H. The Company or one or more of its Subsidiaries from time to time in the future may (i) offer and
sell or cause to be offered and sold equity or debt securities or instruments (such offerings, collectively, the “Subsequent Offerings”), including without limitation (x) offerings of shares of capital stock of the
Company or any of its Subsidiaries, and/or options to purchase such shares or other equity-linked instruments to employees, directors, managers, dealers, franchisees and consultants of and to the Company or any of its Subsidiaries (any such
offering, a “Management Offering”), and (y) one or more offerings of debt securities or instruments for the purpose of refinancing any indebtedness of the Company or any of its Subsidiaries or for other corporate

  
 2 

 
purposes, (ii) repurchase, redeem or otherwise acquire certain securities or instruments of the Company or any of its Subsidiaries or engage in recapitalization or structural
reorganization transactions relating thereto (any such repurchase, redemption, acquisition, recapitalization or reorganization, a “Redemption”), in each case subject to the terms and conditions of the Stockholders Agreement and any
other applicable agreement, and (iii) incur or assume indebtedness for borrowed money, assume, guarantee, endorse or otherwise become liable or responsible for (whether directly or contingently or otherwise) for the obligations of any
other Person or make any loan or advance to any other Person (such indebtedness, assumptions, guarantees, endorsements, loans, advances and liabilities, collectively, “Subsequent Financings”). 

I. The parties hereto recognize the possibility that claims might be made against and liabilities incurred by the Managers, the Funds, Manager
Associates or related Persons or Affiliates under applicable securities laws or otherwise in connection with the Transactions (including the Initial Services) or the Offerings, or the Financings, or relating to other actions or omissions of or by
members of the Company Group, or relating to the provision of certain monitoring, facilitation and implementation or other services, including service as an officer or director of any member of the Company Group (collectively,
“Services”) to the Company Group by such Persons, and the parties hereto accordingly wish to provide for the Managers, the Funds, Manager Associates and related Persons and Affiliates to be indemnified in respect of any such claims
and liabilities. 
 NOW, THEREFORE, in consideration of the foregoing premises, and the mutual agreements and covenants and provisions
herein set forth, the parties hereto hereby agree as follows: 
 1. Definitions. 

(a) “Affiliate” means, with respect to any Person, (i) any other Person directly or indirectly Controlling,
Controlled by or under common Control with, such Person (ii) any Person directly or indirectly owning or Controlling 10% or more of any class of outstanding voting securities of such Person or (iii) any officer, director,
general partner, special limited partner or trustee of any such Person described in clause (i) or (ii). 
 (b) “Amended
Facilities” has the meaning specified in the Stock Purchase Agreement. 
 (c) “BCS Financing” has the meaning
specified in the Recitals to this Agreement. 
 (d) “BCS Financing Commitments” has the meaning specified in the
Stockholders Agreement. 

  
 3 

 (e) “Claim” means, with respect to any Indemnitee, any claim by or against such
Indemnitee involving any Obligation with respect to which such Indemnitee may be entitled to be indemnified by any member of the Company Group under this Agreement. 

(f) “Commission” means the United States Securities and Exchange Commission or any successor entity thereto. 

(g) “Company” has the meaning specified in the first paragraph of this Agreement. 

(h) “Company Group” means the Company and each of its Subsidiaries. 

(i) “Control” of any Person means the power to direct the management and policies of such Person (whether through the
ownership of voting securities, by contract, as trustee or executor, as general partner, or otherwise). 
 (j) “Equity
Offering” has the meaning specified in the Recitals to this Agreement. 
 (k) “Exchange Act” means the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. 
 (l) “Expenses” means all
attorneys’ fees and expenses, retainers, court, arbitration and mediation costs, transcript costs, fees and expenses of experts, witness and public relations consultants, bonds, costs of collecting and producing documents, travel expenses,
duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees and all other disbursements, costs or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or
defend, investigating, being or preparing to be a witness in, appealing or otherwise participating in a Proceeding. 
 (m)
“Financings” means the Amended Facilities, the New Financing, the BCS Financing and any Subsequent Financing. 
 (n)
“Funds” has the meaning specified in the first paragraph of this Agreement. 
 (o) “GPs of the Funds” has
the meaning specified in the Recitals to this Agreement. 
 (p) “Indemnifying Party” has the meaning specified in
Section 2(a) of this Agreement. 

  
 4 

 (q) “Indemnitee” means each of the Managers, the Funds, the GPs of the Funds,
their respective Affiliates (other than any member of the Company Group), their respective successors and assigns, and the respective directors, officers, partners, members, employees, agents, advisors, consultants, representatives and controlling
persons (within the meaning of the Securities Act) of each of them, or of their partners, members and controlling persons, and each other person who is or becomes a director or an officer of any member of the Company Group and who is or becomes an
employee of, or is nominated or designated to serve as a director or officer by, any of the foregoing, in each case irrespective of the capacity in which such person acts. 

(r) “Initial Services” has the meaning specified in the Recitals to this Agreement. 

(s) “Investment” has the meaning specified in the Recitals to this Agreement. 

(t) “Management Offering” has the meaning specified in the Recitals to this Agreement. 

(u) “Managers” has the meaning specified in the first paragraph of this Agreement. 

(v) “Manager Associates” has the meaning specified in the Recitals to this Agreement. 

(w) “New Financing” has the meaning specified in the Stock Purchase Agreement. 

(x) “Obligations” means, collectively, any and all claims, obligations, liabilities, causes of actions, Proceedings,
investigations, judgments, decrees, losses, damages (including punitive, consequential, special and exemplary damages), fees, fines, penalties, amounts paid in settlement, costs and Expenses (including without limitation interest, taxes, assessments
and other charges in connection therewith and disbursements of attorneys, accountants, investment bankers and other professional advisors), in each case incurred, arising or existing with respect to third parties or otherwise, at any time or from
time to time. 
 (y) “Offerings” means the Equity Offering, any Management Offering, any Redemption and any Subsequent
Offering. 
 (z) “Person” means an individual, corporation, limited liability company, limited or general partnership,
trust or other entity, including a governmental or political subdivision or an agency or instrumentality thereof. 

  
 5 

 (aa) “Proceeding” means a threatened, pending or completed action, suit or
proceeding, whether civil, criminal, administrative or investigative, including without limitation a claim, demand, discovery request, formal or informal investigation, inquiry, administrative hearing, arbitration or other form of alternative
dispute resolution, including an appeal from any of the foregoing. 
 (bb) “Redemption” has the meaning specified in the
Recitals to this Agreement. 
 (cc) “Related Document” means any agreement, certificate, instrument or other document to
which any member of the Company Group may be a party or by which it or any of its properties or assets may be bound or affected from time to time relating in any way to the Transactions or any Offering or Financing or any of the transactions
contemplated thereby, including without limitation, in each case as the same may be amended from time to time, (i) any registration statement filed by or on behalf of any member of the Company Group with the Commission in connection with
any Offering or Financing, including all exhibits, financial statements and schedules appended thereto, and any submissions to the Commission in connection therewith, (ii) any prospectus, preliminary, final, free writing or otherwise,
included in such registration statements or otherwise filed by or on behalf of any member of the Company Group in connection with any Offering or used to offer or confirm sales of their respective securities or instruments in any Offering,
(iii) any private placement or offering memorandum or circular, information statement or other information or materials distributed by or on behalf of any member of the Company Group or any placement agent or underwriter in connection
with the Transactions or any Offering or Financing, (iv) any federal, state or foreign securities law or other governmental or regulatory filings or applications made in connection with any Offering, the Transactions or any of the
transactions contemplated thereby, (v) any dealer-manager, underwriting, subscription, purchase, stockholders, option or registration rights agreement or plan entered into or adopted by any member of the Company Group in connection with
the Transactions or any Offering or Financing, (vi) any purchase, repurchase, redemption, recapitalization or reorganization or other agreement entered into by any member of the Company Group in connection with any Redemption, or
(vii) any quarterly, annual or current reports or other filing filed, furnished or supplementally provided by any member of the Company Group with or to the Commission or any securities exchange, including all exhibits, financial
statements and schedules appended thereto, and any submission to the Commission or any securities exchange in connection therewith. 
 (dd)
“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. 

(ee) “Services” has the meaning specified in the Recitals to this Agreement. 

  
 6 

 (ff) “Services Agreements” has the meaning specified in the Recitals to this
Agreement. 
 (gg) “Stock Purchase Agreement” has the meaning specified in the Recitals to this Agreement. 

(hh) “Stockholders Agreement” has the meaning specified in the Recitals to this Agreement. 

(ii) “Subsequent Financings” has the meaning specified in the Recitals to this Agreement. 

(jj) “Subsequent Offerings” has the meaning specified in the Recitals to this Agreement. 

(kk) “Subsidiary” means each corporation or other Person in which a Person owns or Controls, directly or indirectly, capital
stock or other equity interests representing more than 50% of the outstanding voting stock or other equity interests. 
 (ll)
“Transactions” means the Investment (including the Equity Offering), the Amended Facilities, the New Financing and any other transaction for which Services are or have been provided to any member of the Company Group. 

2. Indemnification. 
 (a)
Each of the Company Entities (each, an “Indemnifying Party” and collectively, the “Indemnifying Parties”), jointly and severally, agrees to indemnify, defend and hold harmless each Indemnitee, to the fullest extent
permitted by law, from and against any and all Obligations in any way resulting from, arising out of or in connection with, based upon or relating to (i) the Securities Act, the Exchange Act or any other applicable securities or other
laws, in connection with the Transactions, any other Offering, any other Financing, any Related Document or any of the transactions contemplated thereby, (ii) any other action or failure to act of any member of the Company Group or any
of their predecessors, whether such action or failure has occurred or is yet to occur, or (iii) the performance or failure to perform by a Manager or its Affiliates of Services for any member of the Company Group (whether prior to the
date hereof or hereafter and whether pursuant to the Services Agreements or otherwise), (iv) the fact that such Indemnitee is or was a stockholder, director or officer of any member of the Company Group, or (v) any breach or
alleged breach by such Indemnitee of any duty imposed on a stockholder, officer or director. 
 (b) Without in any way limiting the
foregoing Section 2(a), each of the Indemnifying Parties, jointly and severally, agrees to indemnify, defend and hold harmless each Indemnitee from and against any and all Obligations resulting from,

  
 7 

 
arising out of or in connection with, based upon or relating to liabilities under the Securities Act, the Exchange Act or any other applicable securities or other laws, rules or regulations in
connection with (i) the inaccuracy or breach of or default under any representation, warranty, covenant or agreement in any Related Document, or any allegation thereof, (ii) any untrue statement or alleged untrue statement of
a material fact contained in any Related Document or (iii) any omission or alleged omission to state in any Related Document a material fact required to be stated therein or necessary to make the statements therein not misleading.
Notwithstanding the foregoing, the Indemnifying Parties shall not be obligated to indemnify such Indemnitee from and against any such Obligation to the extent that such Obligation arises out of or is based upon an untrue statement or omission made
in such Related Document in reliance upon and in conformity with written information furnished to the Company by such Indemnitee in an instrument duly executed by such Indemnitee and specifically stating that it is for use in the preparation of such
Related Document. 
 (c) Without in any way limiting the foregoing, in the event that any Proceeding is initiated by an Indemnitee, any
member of the Company Group or any other Person to enforce or interpret this Agreement or the Services Agreements, any rights of such Indemnitee to indemnification or advancement of Expenses (or related obligations of such Indemnitee) under any
member of the Company Group’s certificate of incorporation or bylaws, any other agreement to which Indemnitee and any member of the Company Group are party, any vote of directors of any member of the Company Group, the Delaware General
Corporation Law, any other applicable law or any liability insurance policy, or any rights or obligations under the Services Agreements, each of the Indemnifying Parties, jointly and severally, shall indemnify such Indemnitee against all costs and
Expenses incurred by such Indemnitee or on such Indemnitee’s behalf (including but not limited to by any Manager Associates for all costs and Expenses incurred by it on such Indemnitee’s behalf) in connection with such Proceeding, whether
or not such Indemnitee is successful in such Proceeding, except to the extent that the Person presiding over Proceeding determines that material assertions made by such Indemnitee in such Proceeding were in bad faith or were frivolous. 

(d) Notwithstanding anything in this Section 2 to the contrary, it is understood and agreed that nothing in this Agreement is intended to
provide for indemnification in respect of taxes imposed on the basis of income of an Indemnitee. 
 3. Contribution. 

(a) If for any reason the indemnity specifically provided for in Section 2 is unavailable or is insufficient to hold harmless any
Indemnitee from any Obligation covered by such indemnity, then each of the Indemnifying Parties, jointly and severally, shall contribute to the amount paid or payable by such Indemnitee as a result of such Obligation in such proportion as is
appropriate to reflect (i) the relative fault of each of 

  
 8 

 
the members of the Company Group, on the one hand, and such Indemnitee, on the other, in connection with the state of facts giving rise to such Obligation, (ii) the relative benefits
received by the members of the Company Group, on the one hand, and such Indemnitee, on the other, from the Transaction, Offering, Financing or other circumstances giving rise to such Obligation and (iii) if required by applicable law,
any other relevant equitable considerations. 
 (b) For purposes of Section 3(a), the relative fault of each member of the Company
Group, on the one hand, and of an Indemnitee, on the other, shall be determined by reference to, among other things, (i) their respective relative intent, knowledge, access to information and opportunity to correct the state of facts
giving rise to such Obligation, (ii) in the case of Section 2(b), whether the information whose inclusion in or omission from a Related Document resulted in the actual or alleged inaccuracy or breach of or default under any
representation, warranty, covenant or agreement therein, or which is or is alleged to be untrue, required to be stated therein or necessary to make the statements therein not misleading, was supplied or should have been supplied by the members of
the Company Group, on the one hand, or by such Indemnitee, on the other, and (iii) applicable law, and the relative benefits received by each member of the Company Group, on the one hand, and an Indemnitee, on the other, shall be
determined by weighing the direct monetary proceeds to the Company Group, on the one hand, and such Indemnitee, on the other, from the Transaction, Offering, Financing or other circumstances giving rise to such Obligation. 

(c) The parties hereto acknowledge and agree that it would not be just and equitable if the Indemnifying Parties’ contributions pursuant
to Section 3 were determined by pro rata allocation or by any other method of allocation that does not take into account the equitable considerations referred to in such Section. No Indemnitee shall be entitled to contribution from any
Indemnifying Party with respect to any Obligation covered by the indemnity specifically provided for in Section 2(b) in the event that such Indemnitee is finally determined to be guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act) in connection with such Obligation and the Indemnifying Party is not guilty of such fraudulent misrepresentation. 

4. Indemnification Procedures. 

(a) Whenever any Indemnitee shall have actual knowledge of the assertion of a Claim against it, a Manager (acting on its own behalf or, if
requested by any such Indemnitee other than itself, on behalf of such Indemnitee) or such Indemnitee shall notify the appropriate member of the Company Group in writing of the Claim (a “Notice of Claim”) with reasonable promptness
after such Indemnitee has such knowledge relating to such Claim and has notified the Managers thereof, provided the failure or delay of the Managers or such Indemnitee to give such Notice of Claim shall not relieve any Indemnifying Party of
its indemnification obligations under this Agreement except to 

  
 9 

 
the extent that such omission results in a failure of actual notice to it and it is materially injured as a result of the failure to give such Notice of Claim. The Notice of Claim shall specify
all material facts known to the Managers (or if given by such Indemnitee, such Indemnitee) relating to such Claim and the monetary amount or an estimate of the monetary amount of the Obligation involved if the Managers (or if given by such
Indemnitee, such Indemnitee) has knowledge of such amount or a reasonable basis for making such an estimate. The Indemnifying Parties shall, at its expense, undertake the defense of such Claim with attorneys of their own choosing reasonably
satisfactory in all respects to the Managers, subject to the right of the Managers to undertake such defense as hereinbelow provided. The Managers may participate in such defense with counsel of Managers’ choosing at the expense of the
Indemnifying Parties. In the event that the Indemnifying Parties do not undertake the defense of the Claim within a reasonable time after the Managers (or if given by such Indemnitee, such Indemnitee) has given the Notice of Claim, or in the event
that the Managers shall in good faith determine that the defense of any Claim by the Indemnifying Parties is inadequate or may conflict with the interest of any Indemnitee (including, without limitation, Claims brought by or on behalf of any member
of the Company Group), the Managers may, at the expense of the Indemnifying Party, undertake the defense of the Claim and compromise or settle the Claim, all for the account of and at the risk of the Indemnifying Parties. In the defense of any Claim
against an Indemnitee, the Indemnifying Party not shall, except with the prior written consent of the Managers, consent to entry of any judgment or enter into any settlement that includes any injunctive or other non-monetary relief or any payment of
money by such Indemnitee, or that does not include as an unconditional term thereof the giving by the Person or Persons asserting such Claim to such Indemnitee of an unconditional release from all liability on any of the matters that are the subject
of such Claim and an acknowledgement that such Indemnitee denies all wrongdoing in connection with such matters. The Indemnifying Parties shall not be obligated to indemnify an Indemnitee against amounts paid in settlement of a Claim if such
settlement is effected by such Indemnitee without the prior consent of the Company (on its own behalf and on behalf of each other Indemnifying Party), which shall not be unreasonably withheld or delayed. In each case, the Managers and each other
Indemnitee seeking indemnification hereunder will cooperate with the Indemnifying Party, so long as an Indemnifying Party is conducting the defense of the Claim, in the preparation for and the prosecution of the defense of such Claim, including
making available evidence within the control of the Managers or such Indemnitee, as the case may be, and persons needed as witnesses who are employed by the Managers or such Indemnitee, as the case may be, in each case as reasonably needed for such
defense and at cost, which cost, to the extent reasonably incurred, shall be paid by the Indemnifying Parties. 
 (b) The applicable Manager
shall notify the Indemnifying Parties in writing of the amount requested for advances (a “Notice of Advances”). Each of the Indemnifying Parties, jointly and severally, agrees to advance all Expenses incurred by such Manager (acting
on its own behalf or, if requested by any such Indemnitee other than itself, on 

  
 10 

 
behalf of such Indemnitee) or any Indemnitee in connection with any Claim (but not for any Claim initiated or brought voluntarily by an Indemnitee other than a Proceeding contemplated by
Section 2(c)) in advance of the final disposition of such Claim without regard to whether Indemnitee will ultimately be entitled to be indemnified for such Expenses upon receipt of an undertaking by or on behalf of a Manager or such Indemnitee
to repay amounts so advanced if it shall ultimately and finally be determined, including through all challenges, if any, to the award rendered therein, that such Manager or such Indemnitee is not entitled to be indemnified by the Indemnifying
Parties as authorized by this Agreement. Such repayment undertaking shall be unsecured and shall not bear interest. No Indemnifying Party shall impose on any Indemnitee additional conditions to advancement or require from such Indemnitee additional
undertakings regarding repayment. The Indemnifying Parties shall make payment of such advances no later than 10 days after the receipt of the Notice of Advances. 

(c) The applicable Manager shall notify the Indemnifying Parties in writing of the amount of any Obligation actually paid by such Manager or
any Indemnitee on whose behalf such Manager is acting (a “Notice of Payment”). The amount of any Obligation actually paid by the applicable Manager or such Indemnitee shall bear simple interest at the rate equal to the JPMorgan
Chase Bank, N.A. prime rate as of the date of such payment plus 2% per annum, from the date any Indemnifying Party receives the Notice of Payment to the date on which each of the Indemnifying Parties, jointly and severally, shall repay the
amount of such Obligation plus interest thereon to such Manager or such Indemnitee. The Indemnifying Parties shall make indemnification payments to such Manager no later than 30 days after receipt of the Notice of Payment. 

(d) Presumptions; Burden and Standard of Proof. In connection with any determination regarding the entitlement of any Indemnitee to be
indemnified, or any review of any such determination, by any Person: 
 (i) It shall be a presumption that such Indemnitee
has met any applicable standard of conduct and that indemnification of such Indemnitee is proper in the circumstances. 

(ii) The burden of proof shall be on the Indemnifying Parties to overcome the presumption set forth in the preceding clause
(i), and such presumption shall only be overcome if the Indemnifying Parties establish that there is no reasonable basis to support it. 

(iii) The termination of any Proceeding by judgment, order, finding, award, settlement (whether with or without court approval)
or conviction, or upon a plea of nolo contendere, or its equivalent, shall not create a presumption that indemnification is not proper or that an Indemnitee did not meet any applicable standard of conduct or that a court has determined that
indemnification is not permitted by this Agreement or otherwise. 

  
 11 

 5. Certain Covenants. The rights of each Indemnitee to be indemnified under any other
agreement, document, certificate or instrument, by-laws or other organizational agreement or instrument, insurance policy or applicable law are independent of and in addition to any rights of such Indemnitee to be indemnified under this Agreement,
provided that to the extent that an Indemnitee is entitled to be indemnified by the Indemnifying Parties under this Agreement and by any other Indemnitee under any other agreement, document, certificate, by-law or instrument, or by any
insurer under a policy maintained by any other Indemnitee, the obligations of the Indemnifying Parties hereunder shall be primary, and the obligations of such other Indemnitee or insurer secondary, and no Indemnifying Party shall be entitled to
contribution or indemnification from or subrogation against such other Indemnitee or insurer. Notwithstanding the foregoing, any Indemnitee may choose to seek indemnification from any potential source of indemnification regardless of whether such
indemnitor is primary or secondary. An Indemnitee’s election to seek advancement of indemnified sums from any secondary indemnifying party will not limit the right of such Indemnitee, or any secondary indemnitor proceeding under subrogation
rights or otherwise, from seeking indemnification from the Indemnifying Parties to the extent that the obligations of the Indemnifying Parties are primary, and each of the Indemnifying Parties, jointly and severally, shall indemnify each Indemnitee
from and against, and shall pay to each Indemnitee, any amount paid or reimbursed by such Indemnitee to or on behalf of another indemnitee, pursuant to indemnification arrangements or otherwise, in respect of an Obligation referred to in
Section 2. The rights of each Indemnitee and the obligations of each Indemnifying Party hereunder shall remain in full force and effect regardless of any investigation made by or on behalf of such Indemnitee. Following the Investment, each of
the Company Entities and its corporate successors, shall implement and maintain in full force and effect any and all corporate charter and by-law provisions that may be necessary or appropriate to enable it to carry out its obligations hereunder to
the fullest extent permitted by applicable law, including without limitation a provision of its certificate of incorporation (or comparable organizational document under its jurisdiction of incorporation) eliminating liability of a director for
breach of fiduciary duty to the fullest extent permitted by applicable law, as amended from time to time. So long as the Company or any other member of the Company Group maintains liability insurance for any directors, officers, employees or agents
of any such person, the Indemnifying Parties shall ensure that each Indemnitee serving or that has served in such capacity is covered by such insurance in such a manner as to provide Indemnitee the same rights and benefits as are accorded to the
most favorably insured of the Company’s and the Company Group’s then current directors and officers. No Indemnifying Party shall seek or agree to any order of any court or other governmental authority that would prohibit or otherwise
interfere, or take or fail to take any other action if such action or failure would reasonably be expected to have the effect of prohibiting or otherwise interfering, with the performance of any of the Indemnifying Party’s indemnification,
advancement or other obligations under this Agreement. 

  
 12 

 6. Notices. All notices and other communications hereunder shall be in writing and shall
be delivered by certified or registered mail (first class postage prepaid and return receipt requested), telecopier, overnight courier or hand delivery, as follows: 

(a) If to any Company Entity, to: 

Univar Inc. 
 17425 NE Union
Hill Road 
 Redmond, Washington 98052 

Attention: General Counsel 

Facsimile: (425) 889-3500 

  
 13 

 (b) If to any Manager: 

CVC Capital Partners Advisory Company 

Luxembourg) S.à.r.l 
 20,
Avenue Monterey 
 L-2163 Luxembourg, Grand-Duchy of Luxembourg 

Attention: Emanuela Brero 

Facsimile: + 352 26 47 8367 

(c) If to the Tandem Funds: 

CVC European Equity Tandem GP Limited 

22 Grenville Street 
 St Helier,
Jersey JE4 8PX 
 Channel Islands 

Attention: Carl Hansen 
 (d) If
to the AB Funds: 
 CVC European Equity IV (AB) Limited 

22 Grenville Street 
 St Helier,
Jersey JE4 8PX 
 Channel Islands 

Attention: Carl Hansen 
 (e) If
to the CDE Funds: 
 CVC European Equity IV (CDE) Limited 

22 Grenville Street 
 St Helier,
Jersey JE4 8PX 
 Channel Islands 

Attention: Carl Hansen 
 or to such other
address or such other person as any Company Entity, Manager, or Funds, as the case may be, shall have designated by notice to the other parties hereto. All communications hereunder shall be effective upon receipt by the party to which they are
addressed. A copy of any notice or other communication given under this Agreement shall also be given to: 
 Sullivan & Cromwell
LLP 
 125 Broad Street 
 New
York, New York 10004 
 Attention: George Sampas, Esq. 

Facsimile: (212) 291-9131 

  
 14 

 7. Arbitration 

(a) Any dispute, claim or controversy arising out of, relating to, or in connection with this contract, or the breach, termination,
enforcement, interpretation or validity thereof, including the determination of the scope or applicability of this agreement to arbitrate, shall be finally determined by arbitration. The arbitration shall be administered by JAMS. If the disputed
claim or counterclaim exceeds $250,000, not including interest or attorneys’ fees, the JAMS Comprehensive Arbitration Rules and Procedures (“JAMS Comprehensive Rules”) in effect at the time of the arbitration shall govern the
arbitration, except as they may be modified herein or by mutual written agreement of the parties. If no disputed claim or counterclaim exceeds $250,000, not including interest or attorneys’ fees, the JAMS Streamlined Arbitration Rules and
Procedures (“JAMS Streamlined Rules”) in effect at the time of the arbitration shall govern the arbitration, except as they may be modified herein or by mutual written agreement of the parties. 

(b) The seat of the arbitration shall be New York, New York. The parties submit to jurisdiction in the state and federal courts of the State
of New York for the limited purpose of enforcing this agreement to arbitrate. 
 (c) The arbitration shall be conducted by one neutral
arbitrator unless the parties agree otherwise. The parties agree to seek to reach agreement on the identity of the arbitrator within 30 days after the initiation of arbitration. If the parties are unable to reach agreement on the identity of the
arbitrator within such time, then the appointment of the arbitrator shall be made in accordance with the process set forth in JAMS Comprehensive Rule 15. 

(d) The arbitration award shall be in writing, state the reasons for the award, and be final and binding on the parties. Subject to
Section 2(c), the arbitrator may, in the award, allocate all or part of the fees incurred in and costs of the arbitration, including the fees of the arbitrator and the attorneys’ fees of the prevailing party. Judgment on the award may be
entered by any court having jurisdiction thereof or having jurisdiction over the relevant party or its assets. Notwithstanding applicable state law, the arbitration and this agreement to arbitrate shall be governed by the Federal Arbitration Act, 9
U.S.C. § 1, et seq. 
 (e) The parties agree that the arbitration shall be kept confidential and that the existence of the Proceeding
and any element of it (including but not limited to any pleadings, briefs or other documents submitted or exchanged, any testimony or other oral submissions, and any awards) shall not be disclosed beyond the tribunal, JAMS, the parties, their
counsel, accountants and auditors, insurers and re-insurers, and any person necessary to the conduct of the Proceeding. The confidentiality obligations shall not apply (i) if disclosure is required by law, or in judicial or
administrative proceedings, or (ii) as far as disclosure is necessary to enforce the rights arising out of the award. 

  
 15 

 8. Governing Law. This Agreement shall be governed in all respects, including validity,
interpretation and effect, by the law of the State of Delaware, regardless of the law that might be applied under principles of conflict of laws to the extent such principles would require or permit the application of the laws of another
jurisdiction. 
 9. Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions hereof shall not in any way be affected or impaired thereby. 

10. Successors; Binding Effect. Each Indemnifying Party will require its successor (whether direct or indirect, by purchase, merger,
consolidation, reorganization or otherwise) to all or substantially all of the business and assets of such Indemnifying Party, by agreement in form and substance satisfactory to the Managers, expressly to assume and agree to perform this Agreement
in the same manner and to the same extent as the Indemnifying Party (which shall not be released from its obligations). This Agreement shall be binding upon and inure to the benefit of each party hereto and its successors and permitted assigns, and
each other Indemnitee, but neither this Agreement nor any right, interest or obligation hereunder shall be assigned, whether by operation of law or otherwise, by the Company without the prior written consent of the Managers. Insofar as any
Indemnitee transfers all or substantially all of its assets to a third party, such third party shall thereupon be deemed an additional Indemnitee for all purposes of this Agreement, with the same effect as if it were a signatory to this Agreement in
such capacity. 
 11. Miscellaneous. The headings contained in this Agreement are for reference purposes only and shall not affect in
any way the meaning or interpretation of this Agreement. This Agreement is not intended to confer any right or remedy hereunder upon any Person other than each of the parties hereto and their respective successors and permitted assigns and each
other Indemnitee (each of whom is an intended third party beneficiary of this Agreement). Neither the waiver by any of the parties hereto or by any other Indemnitee of a breach of or a default under any of the provisions of this Agreement, nor the
failure by any such party or Indemnitee, on one or more occasions, to enforce any of the provisions of this Agreement or to exercise any right or privilege hereunder, shall be construed as a waiver of any other breach or default of a similar nature,
or as a waiver of any of such provisions, rights or privileges. No amendment, modification, supplement or discharge of this Agreement, and no waiver hereunder, shall be valid and binding unless set forth in writing and duly executed by the Company
(on its own behalf and on behalf of each other Indemnifying Party) and the Managers (acting on their own behalf and on behalf of each other Indemnitee). This Agreement may be 

  
 16 

 
executed in several counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. 

[The remainder of this page has been left blank intentionally.] 

  
 17 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement by their authorized
representatives as of the date first above written. 
  

			
	CVC CAPITAL PARTNERS ADVISORY COMPANY (LUXEMBOURG) S.À.R.L
		
	By:		 /s/ E. Brero

	Name:		E. Brero
	Title:		Director
	
	CVC EUROPEAN EQUITY IV (AB) LIMITED
		
	By:		  

	Name:		
	Title:		
	
	CVC EUROPEAN EQUITY IV (CDE) LIMITED
		
	By:		  

	Name:		
	Title:		
	
	CVC EUROPEAN EQUITY TANDEM GP LIMITED
		
	By:		  

	Name:		
	Title:		

 [Signature Page to the Monitoring and Facilitation and Implementation Manager Indemnification
Agreement] 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement by their authorized
representatives as of the date first above written. 
  

			
	 CVC CAPITAL PARTNERS ADVISORY COMPANY

(LUXEMBOURG) S.À.R.L

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	CVC EUROPEAN EQUITY IV (AB) LIMITED
		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	CVC EUROPEAN EQUITY IV (CDE) LIMITED
		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	CVC EUROPEAN EQUITY TANDEM GP LIMITED
		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director

 [Signature Page to the Monitoring and Facilitation and Implementation Manager Indemnification
Agreement] 

			
	 CVC EUROPEAN EQUITY PARTNERS TANDEM FUND (A) L.P.

represented by its general partner
 CVC European Equity Tandem GP
Limited

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	 CVC EUROPEAN EQUITY PARTNERS TANDEM FUND (B) L.P.

represented by its general partner
 CVC European Equity Tandem GP
Limited

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	 CVC EUROPEAN EQUITY PARTNERS TANDEM FUND (C) L.P.

represented by its general partner
 CVC European Equity Tandem GP
Limited

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	 CVC EUROPEAN EQUITY PARTNERS IV (A) L.P.

represented by its general partner
 CVC European Equity IV (AB)
Limited

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director

 [Signature Page to the Monitoring and Facilitation and Implementation Manager Indemnification
Agreement] 

			
	 CVC EUROPEAN EQUITY PARTNERS IV (B) L.P. represented by its general partner

CVC European Equity IV (AB) Limited

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	 CVC EUROPEAN EQUITY PARTNERS IV (C) L.P. represented by its general partner

CVC European Equity IV (CDE) Limited

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	 CVC EUROPEAN EQUITY PARTNERS IV (D) L.P. represented by its general partner

CVC European Equity IV (CDE) Limited

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director
	
	 CVC EUROPEAN EQUITY PARTNERS IV (E) L.P. represented by its general partner

CVC European Equity IV (CDE) Limited

		
	By:		 /s/ Carl Hansen

	Name:		Carl Hansen
	Title:		Director

 [Signature Page to the Monitoring and Facilitation and Implementation Manager Indemnification
Agreement] 

			
	UNIVAR, INC.
		
	By:		

	Name:		
	Title:		
	
	UNIVAR USA, INC.
		
	By:		

	Name:		
	Title:		

 [Signature Page to the Monitoring and Facilitation and Implementation Manager Indemnification
Agreement]

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