Document:

Form of Termination Agreement

 Exhibit 10.37 
 FORM OF TERMINATION AGREEMENT 
 This TERMINATION
AGREEMENT (this “Agreement”) is entered into as of January __, 2010, by and among GRAHAM PACKAGING HOLDINGS COMPANY, a Pennsylvania limited partnership (“Holdings”), GRAHAM PACKAGING COMPANY L.P., a Delaware limited
partnership (the “Company”), BLACKSTONE MANAGEMENT PARTNERS III L.L.C., a Delaware limited liability company (“BMP”), and GRAHAM ALTERNATIVE INVESTMENT PARTNERS I, a Pennsylvania limited partnership
(“GAIP”). All defined terms not otherwise defined herein shall have the meaning set forth in the Monitoring Agreement. 
 WHEREAS, the parties hereto are parties to that certain Amended and Restated Monitoring Agreement, dated as of September 30, 2004 (the “Monitoring Agreement”); and 
 WHEREAS, pursuant to and in accordance with Section 3(b) of the Monitoring Agreement, BMP has agreed to accept a “monetization or
buy-out” of the BMP Monitoring Fee, and accordingly the GAIP Monitoring Fee, for consideration equal to an aggregate payment to BMP and GAIP of $35,000,000 as a full “monetization or buy-out” of the BMP Monitoring Fee and the GAIP
Monitoring Fee. 
 NOW, THEREFORE, for and in consideration of the mutual promises and covenants herein contained, and other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Buy-Out Payments. The Company hereby agrees to pay by wire transfer of immediately available funds to the accounts previously specified by the recipients (i) to BMP $26,250,000 as a “monetization or buy-out”
of the BMP Monitoring Fee and (ii) to GAIP $8,750,000 as a “monetization or buy-out” of the GAIP Monitoring Fee. 
 2. Termination of the Monitoring Agreement. Upon payment of the fees set forth in Section 1, the parties hereto agree that the Monitoring Agreement shall terminate and be of no further force and effect, with no further
liability to any party thereto. 
 3. Third Party Beneficiary. Nothing in this Agreement, express or implied, is
intended to or shall confer upon anyone other than the parties any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. 
 4. Section Headings. Headings contained in this Agreement are inserted only as a matter of convenience and in no way define, limit or extend the scope or intent of this Agreement or any
provisions thereof. 
 5. Choice of Law. This Agreement shall be governed by and construed in accordance with the
laws of the State of New York without regard to any choice or conflict of law provision which would require the application of any law other than that of the State of New York. 

 6. Jurisdiction. Each party to this Agreement irrevocably agrees that any
suit, action or proceeding which may arise out of or in connection with this Agreement shall be brought in the courts of the State of New York in New York County or the courts of the United States District Court for the Southern District of New
York, which shall have exclusive jurisdiction to settle any disputes arising out of or in connection with this Agreement and for such purpose each Party hereby irrevocably and unconditionally submits to the jurisdiction of such courts. 

7. Entire Agreement. This Agreement contains the entire understanding of the Parties with respect to the subject matter
hereof and supersedes all prior agreements, discussions and understandings with respect thereto. 
 8. Amendment.
This Agreement may be amended only by a written instrument signed by all parties hereto. 
 9. Counterparts. This
Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same agreement of the parties hereto. 
 [The remainder of this page is intentionally left blank.] 
  

 2 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed and delivered by
their duly authorized officers or agents as of the date first above written. 
  

			
	BLACKSTONE MANAGEMENT PARTNERS III L.L.C.
		
	By:	 	 
	Name:
	Title:
	
	GRAHAM PACKAGING HOLDINGS COMPANY, LP
		
	By:	 	BCP/Graham Holdings, L.L.C., its managing general partner
		
	By:	 	 
	Name:
	Title:
	
	GRAHAM PACKAGING COMPANY, L.P.
		
	By:	 	GPC Opco GP, LLC, its general partner
		
	By:	 	 
	Name:
	Title:
	
	GRAHAM ALTERNATIVE INVESTMENT PARTNERS I
		
	By:	 	Graham Family Growth (GP) Company, its general partner
		
	By:	 	GPC Investments, LLC, its general partner
		
	By:	 	 
	Name:
	Title:Employment Agreement, between Graham Packaging Company, L.P. & David Nachbar

 Exhibit 10.38 
 March 23, 2008 
 Mr. David Nachbar 
 Dear Mr. Nachbar, 
 We are pleased to confirm
in writing our offer of employment with Graham Packaging Company as the CHRO (Chief Human Resource Officer) based in our York Office, located at York, Pennsylvania. You will report to Mark Burgess, Chief Executive Officer. The effective date of your
employment will be April 6, 2009 or a mutually agreeable date. We look forward to welcoming you as a new member of the Graham team! 
 Graham employees are essential to our success. That is one reason we have offered you a competitive Total Rewards package that includes base pay; incentive compensation; comprehensive group benefits including health, life and income
protection programs, vacation and holidays as well as retirement planning through a 401(k) with a non-elective company contribution in addition to a company matching contribution. 
 Base Pay 
 Your base salary, expressed on an annual basis, will be $300,000, payable weekly.
You will have the opportunity for salary improvement during our annual performance review and development planning process. 
 Incentive
Compensation 
 Additionally, you will be eligible for participation in our 2009 corporate incentive compensation program, with an annualized
target equal to 85% of your annual base salary, payable on or about March 15, 2010, should any incentive compensation for that year be granted under the program. Under the 2010 corporate incentive compensation program, such annualized target
will be increased to 100%. You will also receive a $10,000 signing bonus, payable on May 1, 2009. 
 Our incentive compensation program is
a discretionary program with payments contingent upon company performance as well as you remaining continuously employed by Graham up to and including the annual incentive compensation payout date. 

 You also will participate in the Company’s existing Equity Incentive Program and will be provided a
grant of 35 equity options, 17.5 of which will be performance based and 17.5 of which will be time based. The options vest over a 4 year pro-rata schedule. As also discussed, you will be leading efforts to create and implement a new long term
incentive program, which you will participate in. 
 Health and Life Insurances 
 Your contributory health insurance includes medical, dental, prescription drug and vision discount plans. Eligibility for your health
insurance will be effective on the 31st day of employment.
You will be provided life insurance equal to one times your base annual salary at no expense to you as well as offered contributory supplemental life insurance of up to four times your base salary. This will be effective the first of the month
following completion of 90 days of employment. Prior to your eligibility date, information on these insurances will be provided to you by the Human Resources Department during your New Employee Orientation. 
 Income Protection 
 We provide up to 90 paid
days of annual sick leave, some of which may be used for dependent care and may be included as part of the Family and Medical Leave Act. After you are disabled for 90 days, you may be eligible for long term disability insurance. 
 Vacation and Holidays 
 You will be eligible
for 15 days of paid vacation in 2009. Additional days for future years of service will be determined by the Salaried Employees’ Vacation Policy. Also, you will annually receive 10 paid holidays. 
 Relocation and Temporary Housing 
 With
regard to your relocation to the York area and need for temporary housing, the Company will work with you to develop a flexible program that meets both your needs and the Company’s. 
 Retirement Planning 
 You will be eligible to contribute to our 401(k) plan on the first of
the month following completion of 90 days of employment. After one year of service, the company will automatically contribute, on your behalf, 3% of your eligible pay to the 401(k) plan. At the same time, the company will provide an additional match
of $.50 on every dollar that you are contributing to the plan, up to the first 4% of compensation. Our 401(k) is administered by Fidelity and offers a variety of investment alternatives and tools to assist you in your retirement planning and we
highly encourage your participation. 
 All other employee benefits extended to Graham Packaging’s salaried employees will be
extended to you. 

 Severance Protection: 
 If your employment with Graham is terminated involuntarily for any reason other than cause, you will receive a severance benefit of (i) a payment, less applicable deductions and withholdings, equal
to 12 months of your base salary and the average annual bonus earned in the preceding three years, or if termination occurs prior to such three years, the average annual bonus earned during such shorter period, or if the termination occur in the
first year of employment, the target bonus (“Severance Benefit”) and (ii) the full vesting of the time based Equity Incentive Program options. If you voluntarily leave the company, you will not be entitled to the Severance Benefit.

 In the event of a change of control and you are terminated involuntarily for any reason other than cause or if you terminate your employment
voluntarily for good reason, you will receive the greater of the Severance Benefit or the benefits contained in the Change in Control Policy then in effect. If after a change in control you terminate your employment voluntarily without good reason,
you will not be entitled to any severance benefits. 
 In any event you will be paid for any unused vacation if you voluntarily leave the
company or are terminated with or without cause. 
 If the terms outlined in this letter are agreeable, please sign and return this letter at
your earliest convenience. 
 This offer is contingent upon you passing the Company’s pre-employment drug screen. We utilize Workfirst
to perform our drug screening procedure. They are located at 2250 East Market Street, and their phone number is: 851-1600. 
 We believe
your skills and experience will be a valuable asset to our organization. We’re excited about welcoming you to the Graham team. If you have any questions, or if I can be of any assistance, please do not hesitate to give me a call. 
 Yours truly, 
  

	
	 /s/ Mark Burgess

	Mark Burgess
	Chief Executive Officer

 The above offer is hereby accepted, subject to the foregoing conditions. 
  

					
	 /s/ David Nachbar
	 		 	 04/06/09

	Name	 		 	Date

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