Document:

EX-10.2

 Exhibit 10.2 

THIS EMPLOYMENT AGREEMENT is made this 12 day of September 2013 

BETWEEN: 
  

	(1)	MOLECULAR PROFILES LIMITED (company number 3397582) whose registered office is at 8 Orchard Place, Nottingham Business Park, Nottingham, Nottinghamshire NG8 6PX (“the Company”); and 

 

	(2)	DR. NIKIN PATEL of 8 Orchard Place, Nottingham Business Park, Nottingham, Nottinghamshire NG8 6PX (“you”). 

IT IS AGREED as follows 
  

	1.	DEFINITIONS 

  

	1.1.	In this agreement the following expressions have the meanings set out next to them 

  

			
	“the Company”,	  	MOLECULAR PROFILES LIMITED of 8 Orchard Place, Nottingham Business Park, Nottingham, Nottinghamshire NG8 6PX.
		
	“you”,	  	Dr. Nikin Patel.
		
	“Associated Employer”	  	As defined in the Employment Rights Act 1996.
		
	“the Board”	  	means the board of directors of the Company for the time being.
		
	“person”	  	Any individual, firm, partnership, association (whether incorporated or otherwise), private members club, company, corporation, joint venture, trust, organisation or other incorporated or unincorporated body (in each case whether or
not having separate legal personality).
		
	“the employment”	  	your employment under this agreement.
		
	“Inventions”	  	The matters set out in sub-clause 25.1.
		
	“Intellectual Property”	  	Patents, trade marks and service marks (whether registered or unregistered), rights in trade or business names, copyrights (including rights in computer software), registered and unregistered designs, design copyrights, design
rights and rights in designs and moral rights (whether or not any of these are registered and including applications for registration of any such thing and renewals and extensions of them) capable of subsisting under English law and all rights or
forms of protection of a similar nature or having equivalent or similar effect to any of these which may subsist anywhere in the world.

	1.2.	Words and expressions defined in the Companies Act 2006 will, unless they are otherwise defined in this agreement, or the context otherwise requires, bear the same meaning in this agreement. 

 

	2.	INTERPRETATION 

  

	2.1	In this agreement, the headings and table of contents are inserted for convenience only and do not affect its interpretation or construction. 

 

	2.2	In this agreement, references to clauses, sub-clauses and schedules are, unless otherwise stated, to clauses and sub-clauses of and schedules to this agreement. References to this agreement include clauses and
sub-clauses of and schedules to this agreement. 

  

	2.3	In this agreement, unless the context does not so admit, references to the singular include the plural and vice versa. 

  

	2.4	In this agreement, unless the context does not so admit, references to the masculine, feminine or neuter include each of them. 

  

	2.5	In this agreement, references to statutes or to statutory instruments include all re-enactments, amendments, extensions or modifications of them and any regulations made under them. 

 

	2.6	In this agreement ‘writing’ or ‘written’ shall include any means of visible reproduction. 

  

	3.	YOUR EMPLOYMENT 

 The employment under this agreement commenced on 12 September
2013. 
  

	4.	PERIOD CONTINUOUSLY EMPLOYED 

 For the purposes of the Employment Rights Act 1996 your
period of continuous employment began on 1 October 1998. No employment with a previous employer shall count towards your period of continuous employment with the Company. 

 

	5.	FORMER AGREEMENTS 

  

	5.1	This agreement supersedes and is in substitution for all previous agreements, whether oral or in writing, express or implied and whether of an employment nature or otherwise, between you and the Company. All subsisting
agreements are terminated by mutual consent with immediate effect. 

  

	6.	JOB TITLE AND DESCRIPTION 

  

	6.1	 You will be employed by the Company and shall serve the Company in the position of CEO, Molecular Profiles. In circumstances where you are suspended,
whether pursuant to clause 30 of this agreement or otherwise or at any time after either party has served notice to terminate the employment or otherwise purports to do so, the Company may, at its sole and absolute

  
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discretion, appoint any other person to carry out your duties and/or exercise any of your powers. 

  

	6.2	In addition to the duties which the position set out in clause 6.1 normally entails, you shall also carry out such duties as the Company or an Associated Employer may require you to perform from time to time.

  

	6.3	The Company may require you, without additional remuneration, to perform such services or to take up any other position than that set out in clause 6.1, including but not limited to any services for or position with an
Associated Employer, that the Company considers appropriate provided that any such requirement under this clause 6.3 will not place you in a position in which you would reasonably need to permanently relocate to comply with the requirement.

  

	7.	PROMOTION AND PROTECTION OF THE EMPLOYER’S INTERESTS 

  

	7.1	You undertake to the Company and to any Associated Employer that during the employment you will: 

  

	 	7.1.1	faithfully, diligently and competently perform such duties and exercise such powers consistent with them as may be from time to time required of, assigned to or vested in you by the Company; 

 

	 	7.1.2	to obey the reasonable and lawful directions of the Company or directions given under the authority of the Company; 

  

	 	7.1.3	to comply with all rules, regulations, policies, statements and procedures from time to time issued by the Company; 

  

	 	7.1.4	to protect the Company and any Associated Employer from unnecessary or disproportionate risk; 

  

	 	7.1.5	to keep the Company at all times promptly and fully informed (in writing if so requested) of your conduct of the business of the Company or any Associated Employer and to provide such information, explanations, data and
assistance in connection with it as the Company may require; 

  

	 	7.1.6	to use your best endeavours to promote and further the interests of the Company and any Associated Employer and to further the trade and business of the Company and any Associated Employer; 

 

	 	7.1.7	subject as hereinafter provided unless prevented by incapacity, illness of injury or with the prior agreement of the Company, devote, during normal working hours and such additional times as provided for at clause 9
below, the whole of your time, attention and skill to your duties and to the furtherance of the business and interests of the Company and any Associated Employer; 

 

	 	7.1.8	undertake such travel both within the United Kingdom and abroad as may be required by the Company from time to time in its sole and absolute discretion; 

 

	 	7.1.9	at all times comply with, abide by and accept the requirements or directions of any regulator; 

  
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	 	7.1.10	avoid situations where your personal interests conflict with the interests of the Company or any Associated Employer or any of its or their customers and, if you believe that any such conflict of interest may exist,
disclose the same to the Company without delay. 

  

	7.2	You undertake to the Company and to any Associated Employer that during the employment you will not: 

  

	 	7.2.1	do anything which may result in damage being caused to the Company’s interests, trade, business, or goodwill, to bring the Company into disrepute or which is prejudicial to the Company including without limitation
making any untrue, misleading or disparaging statement in relation to the Company or any Associated Employer (or any of its or their employees or officers); 

  

	 	7.2.2	without the prior approval of the Board, either as principal, employee or agent carry on or be engaged, concerned or interested either directly or indirectly in any other trade, profession, business or occupation
(including any public or private activity) or hold any directorship or other office in any company or other body whether incorporated or unincorporated; 

  

	 	7.2.3	without prejudice to the generality of clause 7.2.2 and without the prior approval of the Board, introduce to any other person business of a kind in which the Company is for the time being engaged or capable of becoming
engaged or with which the Company is able to deal in the course of the business for the time being carried on or planned by the Company to be carried on; 

  

	 	7.2.4	without the Company’s prior written permission, have any financial benefit from contracts made by the Company with any person (including but not limited to any supplier to the Company or any Associated Employer);

  

	 	7.2.5	without the Company’s prior written permission, receive or obtain directly or indirectly any commission, gift or other inducement in respect of any sale or purchase of any goods or services or other business
transaction (whether procured by you or by someone else) effected by the Company or on the Company’s behalf; 

  

	 	7.2.6	without the Company’s prior written permission, hold any shares or securities or have any interest of any kind in any company (other than the Company or any Associated Employer) or other business organisation, save
that you may hold not more than five per cent of the issued shares or other securities of any class of any one company which is not a competitor of the Company or any Associated Employer, where such shares or other securities are listed or dealt in
on a recognised investment exchange in the United Kingdom or elsewhere, and are to be held by you for investment purposes only; 

  

	 	7.2.7	without the Company’s prior written permission take any preparatory steps to join a competitor of the Company or to set up in competition with the Company; 

 

	 	7.2.8	enter on the Company’s behalf and without the Company’s prior written consent into any obligation for the acquisition whether by lease or purchase of any land, building or premises; 

  
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	 	7.2.9	give or agree to give on the Company’s behalf and without the Company’s prior written consent any debenture, mortgage or charge on any of the Company’s property; 

 

	 	7.2.10	engage or dismiss on the Company’s behalf and without the Company’s prior written consent any employee; 

  

	 	7.2.11	after the termination of the employment represent yourself as being employed by or connected with the Company or any Associated Employer. 

 

	7.3	If you are in breach of any of the express or implied terms of this agreement you must immediately disclose the breach to the Company and must immediately inform the Company if you become aware of any misconduct or
other breach of contract committed by any of the Company’s employees or directors. 

  

	7.4	To ensure that the Company’s property is not being used for improper purposes, the Company reserves the right to monitor and record all usage of the Company’s telephones, mobile phones, faxes and IT equipment
and systems and to monitor incoming and outgoing communications including but not limited to retrieving and reviewing the contents of files, emails, messages and searches that have been made on the internet via the Company’s systems. You hereby
give authority for the Company to do so. 

  

	7.5	You agree to comply with any rules, policies and procedures set out in the Company’s Employee Handbook from time to time. The Employee Handbook does not form part of this agreement and the Company may amend it at
any time. To the extent that there is any conflict between the terms of this agreement and the Employee Handbook, the terms of this agreement shall prevail. 

  

	8.	PLACE OF WORK 

  

	8.1	Your principal place of work will be 8 Orchard Place, Nottingham Business Park, Nottingham, Nottinghamshire NG8 6PX. 

  

	8.2	The Company may, however, require you to work at other locations (including overseas) in the performance of your duties provided that you may not without your agreement be required to work overseas for any consecutive
period of more than four weeks. 

  

	9.	NORMAL HOURS OF WORK 

  

	9.1	Your normal hours of work 37.5 hours per week Monday to Friday. 

  

	9.2	You will also be required to work such additional hours as may be necessary for the performance of your duties. 

  

	9.3	Due to the autonomous nature of your role the duration of working time cannot be measured or monitored and, accordingly your employment falls within the scope of regulation 20 of the Working Time Regulations 1998.

  

	10.	REMUNERATION 

  

	10.1	During the employment the Company will pay you a basic salary at the rate £183,266 per annum (the “Base Salary”). 

  
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	10.2	You will receive no additional pay for hours worked in excess of your normal hours of work. 

  

	10.3	Your salary will accrue from day to day but will not accrue on any day during which you are absent due to sickness or injury or for some other unauthorized reason. 

 

	10.4	Your salary will be payable in equal monthly installments in arrears on or around the 28th day of each month or on such other day as may be notified to you by the Company from time to time. 

 

	10.5	Payment will be made by direct bank transfer and will be subject to such deductions as the Company may make for income tax, employee’s National Insurance contribution and any other taxes, social security
contributions and withholdings as the Company may deduct. 

  

	10.6	Your salary shall be inclusive of any fees to which you may be entitled as a director or secretary of the Company or any Associated Employer if appointed as such. 

 

	11.	DISCRETIONARY BONUS 

  

	11.1	You may at the Company’s sole and absolute discretion be paid a bonus in accordance with this clause 11 and the Company’s discretionary bonus scheme in place from time to time. In considering any such bonus,
the Company will, amongst other factors, consider your and the Company’s performance. If, in the absolute discretion of the Company, you meet the annual performance targets set for you and the Company has hit its targets, such bonus is likely
to be 70% of your Base Salary. Such bonus may be greater than 70% of your Base Salary in circumstances where the Company considers, at its absolute discretion, that you have materially exceeded your annual performance targets. Any such bonus (if
any) will never exceed 105% of your Base Salary. Any such bonus may be paid to you at such intervals and subject to such conditions as the Company may in its sole and absolute discretion determine. The Company may in its sole and absolute discretion
determine whether any such bonus is paid in cash or in some other form. 

  

	11.2	You will not be eligible for any bonus, or if a bonus has already been awarded but not paid, will not receive payment of any such bonus, if, on the date that bonuses are due to be paid, you are no longer employed by the
Company or either you or the Company has served notice to terminate the employment. 

  

	11.3	If you receive any bonus or payment thereof under this clause 11 or otherwise, the receipt of the same shall not entitle you to receive any further bonus or payments thereof. You acknowledge and agree than any bonuses
or payments thereof that you may receive under this clause 11 or otherwise shall be purely discretionary and shall not form part of your contractual remuneration and shall not be pensionable. 

 

	11.4	The Company may, in its absolute discretion, suspend or discontinue any bonus or the payment thereof at any time in relation to any person or persons, including you. The Company may, in its absolute discretion, impose,
vary or remove any conditions in relation to any bonus or the payment thereof at any time, including but not limited to after the award of any bonus or any payment thereof, whether in whole or in part. 

  
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	11.5	If the employment or this agreement is terminated for any reason, whether lawfully or unlawfully, you agree that you will not be entitled by way of compensation for breach of contract, unfair dismissal or otherwise to
any sum, or other benefit to compensate you for the loss or diminution in value of any actual or prospective rights, benefits or expectations under or in relation to the Company’s discretionary bonus scheme. 

 

	12.	PENSIONS AND BENEFITS 

  

	12.1	The Company operates a Group Flexible Retirement Plan which you are eligible to join. This is a Company based pension plan. The plan is a 6% pension scheme whereby you are entitled to a 3% contribution (of gross annual
salary) from the Company into a Standard Life Scheme, when you make a contribution of 3% or more. 

  

	12.2	The Company reserves the right to change the provider of the pension scheme, vary the rules and/or terms of the pension scheme and to withdraw any such pension scheme at any time at the Company’s sole and absolute
discretion and without paying compensation to you. 

  

	12.3	Any benefits arising under or in respect of any such pension scheme will be payable by or under the authority of its trustees and the Company neither guarantees nor warrants any such payment. 

 

	12.4	You may participate in such benefits and benefit schemes as the Company may provide to employees of your seniority and status from time to time, if any, subject in all cases to the terms of the governing documents and
policies in force from time to time. Your eligibility to participate in any such benefits and/or benefit schemes shall be subject to you meeting the relevant insurance provider’s eligibility criteria. The Company shall be entitled to change the
provider of any benefits and/or benefit schemes, withdraw any such benefits and/or benefit schemes that may be provided from time to time and/or to amend the terms on which any benefit is and/or benefit schemes are provided without paying you any
compensation. You acknowledge that as any benefits and/or benefit schemes that may be provided are insured arrangements, the payment and/or provision of any benefits whatsoever is subject to the discretion of the insurers and subject to the terms
and conditions of the respective benefit and/or benefit scheme. The Company has no obligation to assist you in the advancement of any claim you may make, nor any obligation to make any payment to you should the insurer refuse to pay or provide any
or all benefits whatsoever for whatever reason. 

  

	13.	CONTRACTING-OUT CERTIFICATE 

  

	13.1	There is no contracting-out certificate in force in relation to the employment. 

  

	14.	EXPENSES 

  

	14.1	The Company will reimburse you for all out of pocket expenses reasonably incurred in the proper performance of the Company’s duties. 

 

	14.2	 Your entitlement to reimbursement in accordance with clause 14.1 above is conditional upon you providing the Company with such invoices, vouchers or
other evidence as may be required by the Company and subject to you complying with such guidelines or regulations as 

  
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the Company may from time to time issue in relation to the incurring and reimbursement of expenses. 

  

	15.	HOLIDAYS 

  

	15.1	The Company’s holiday year is from 1st January until 31st December each year. 

 

	15.2	You are entitled to eight public and Bank holidays which are New Year’s Day, Good Friday, Easter Monday, May Day, Spring Bank Holiday, Late Summer Bank Holiday, Christmas Day and Boxing Day. 

 

	15.3	In addition, you are entitled to 26 days paid holiday each holiday year. Where you are employed for only part of a holiday year, either on commencement or termination of the employment, you will be entitled to a
pro-rated holiday entitlement based on the number of complete months worked in that holiday year. 

  

	15.4	All holiday is to be taken on days that are convenient to the Company, which are approved by the Company in writing. 

  

	15.5	You shall be entitled to carry forward up to 3 days’ holiday from any holiday year to the next holiday year with the prior written approval of the Company provided any such holiday carried forward is taken by
31 March in the next holiday year. No payment will be made for any holiday accrued but not taken in a holiday year or carried forward in accordance with this clause save in the year in which the employment terminates (see clause 15.6 below).

  

	15.6	Upon termination of the employment, you will be entitled to a payment of one day’s salary (calculated at a daily rate of 1/260ths of your annual basic salary) for each complete day of accrued but unused holiday
entitlement at such termination but if at the termination date you have taken holiday in excess of your accrued holiday entitlement at that date, the Company will make a commensurate deduction from any salary payment (whether of salary, expenses or
otherwise) to be made to you. 

  

	15.7	If notice is served to terminate the employment by either party the Company may require that unused holiday entitlement which has accrued or will accrue prior to the date of termination be taken during the notice
period. Any statutory holiday entitlement will be deemed to be taken before any contractual holiday entitlement. 

  

	16.	ABSENCE FROM WORK 

  

	16.1	If you are absent from work for any reason and the absence has not previously been authorised by the Company you must notify the Company orally or in writing as soon as possible and in any event by 9.30 a.m. on the
first day of absence and from then on you must keep the Company informed of your circumstances and your anticipated return to work. If you notify the Company orally, you must confirm the reasons for your absence in writing as soon as practicable.

  

	16.2	You must report to the Company on the first day that you return to work after a period of absence for which you did not obtain approval prior to the absence from the Company. You will be required to state the dates of
and reasons for your absence and will be provided with a form for that purpose. 

  
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	16.3	If you are absent from work due to sickness or injury and your absence continues for more than seven days, you must provide a doctor’s certificate on the eighth day of absence. You must then provide a doctor’s
certificate weekly. 

  

	17.	INCAPACITY PAY 

  

	17.1	If you are absent from work due to sickness or injury and comply with the requirements set out in this clause and clause 16, you will receive your salary at full rate for a maximum period of 3 months and thereafter two
thirds of your salary for a maximum period of 3 months and thereafter half of your salary for a maximum period of 6 months of absence in aggregate in any period of 52 consecutive weeks. Any such payments are inclusive of any statutory sick pay
entitlement. Any payment which the Company makes under this clause 17.1 may be varied or discontinued at any time at the Company’s sole and absolute discretion. 

 

	17.2	If your absence is or appears to be occasioned by the negligence, nuisance or breach of statutory duty by or on behalf of any person in respect of which compensation is or may be recoverable by you then all incapacity
payments made by the Company will constitute loans to you. You must notify the Company immediately of any relevant circumstances, claim, compromise, settlement or judgment made or awarded in connection therewith and must give the Company all
particulars of such matters as the Company may reasonably require. You must use all reasonable endeavours to recover (by way of settlement or otherwise) damages for loss of earnings over any period for which salary has been paid or shall be paid to
you, keeping the Company informed of the commencement, progress and outcome of any such claim. If the Company so requires you must repay to the Company a sum as the Company may determine not exceeding: 

 

	 	17.2.1	the amount of compensation recovered by you under such claim, compromise, settlement or judgment in respect of lost earnings; or 

  

	 	17.2.2	the aggregate incapacity pay which you received from the Company less an amount equivalent to any statutory sick pay which the Company was obliged by law to pay to you. 

 

	17.3	Your eligibility to receive incapacity pay and/or statutory sick pay (see clause 18 below), or your receipt of any of the same, shall not affect the Company’s ability to terminate the employment and/or this
agreement. 

  

	18.	STATUTORY SICK PAY 

  

	18.1	The Company operates the statutory sick pay scheme. You must co-operate in the maintenance of all necessary records. Any payment made to you during a period of sickness or injury will satisfy (or contribute to if it
does not satisfy) any liability of the Company to make payment under the statutory sick pay scheme. For the purposes of the statutory sick pay scheme, your “qualifying days” are Monday to Friday. 

 

	19.	MATERNITY AND PARENTAL LEAVE 

  

	19.1	Your maternity, paternity and adoption leave and pay rights are according to statute. 

  

	19.2	Your parental leave rights are according to statute. 

  
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	20.	COLLECTIVE AGREEMENTS 

 There are no collective agreements currently in force which
directly or indirectly affect the employment. 
  

	21.	RIGHT TO REQUIRE A MEDICAL EXAMINATION 

  

	21.1	The Company may in its sole and absolute discretion require you to provide evidence, satisfactory to the Company, of any sickness or injury suffered by you and/or provide the Company with medical evidence of your
fitness to return to work after any period of absence from work due to sickness or injury. 

  

	21.2	You must upon the Company’s request and at the Company’s expense undergo a medical examination by any registered medical practitioner nominated by the Company and, for the purposes of the Data Protection Act
1998 and any other applicable legislation: 

  

	 	21.2.1	you agree to give consent to such examination; and 

  

	 	21.2.2	you agree to give consent that a report may be published in relation to the examination and that the Company may have access to it. 

 

	22.	RIGHT TO SEARCH 

 The Company reserves the right to make searches of your person and
personal property whilst on the Company’s premises or any premises from which the Company or any Associated Employer operates without prior notice provided that any such search is carried out in the presence of at least two witnesses. Any
personal search will be conducted by persons of the same sex as you. Personal property includes any vehicle owned by the Company. 
  

	23.	HEALTH AND SAFETY 

  

	23.1	You should be familiar with the Company’s health and safety policy and all procedures concerning safety in emergencies including the use and operation of safety equipment and protective clothing. 

 

	23.2	A copy of the Company’s health and safety policy can be obtained from the Company upon request. 

  

	23.3	Details of any accident must be reported as soon as possible after the event. 

  

	24.	CONFIDENTIAL INFORMATION 

  

	24.1	The provisions of this clause 24 apply to you for the benefit of the Company and any Associated Employer. 

  

	24.2	You acknowledge that in the course of the employment you will have access to and be entrusted with information in respect of the business of the Company and/or any Associated Employer and the Company’s and/or any
Associated Employer’s customers’ businesses, which information is or may be secret or confidential and important to the Company, any Associated Employers and the Company’s customers respectively (“Confidential Information”).

  
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	24.3	Confidential Information includes (but is not limited to): 

  

	 	24.3.1	trade secret or confidential or secret information concerning the business development, affairs, future plans, proposals, inventions, ideas, transactions, business methods, connections, operations, accounts, finances,
organisation, processes, policies or practices, statements, rules, regulations, designs, products, machinery, manufacturing processes, dealings, trading, software, or know-how relating to or belonging to the Company and/or to any Associated Employer
or any of its or their suppliers, agents, distributors, clients or customers; 

  

	 	24.3.2	confidential computer software, computer-related know-how, passwords, computer programmes, specifications, object codes, source codes, network designs, business processes, business logic, inventions, improvements and
/or modifications relating to or belonging to the Company and/or any Associated Employer; 

  

	 	24.3.3	details of the Company’s or any Associated Employer’s financial projections or projects, prices or pricing strategy, advertising, marketing or development plans, product development plans or strategies, fee
levels, commissions and commission structures, market share and pricing statistics, marketing surveys and research reports and their interpretation; 

  

	 	24.3.4	confidential research, report or development undertaken by or for the Company or any Associated Employer; 

  

	 	24.3.5	details of relationships or arrangements with, or knowledge of the needs or the requirements of, the Company’s and/or any Associated Employer’s actual or potential clients or customers; 

 

	 	24.3.6	information supplied in confidence by customers, clients or any third party to which the Company or any Associated Employer owes an obligation of confidentiality; 

 

	 	24.3.7	lists and details of contracts with the Company’s or any Associated Employer’s actual or potential suppliers; 

  

	 	24.3.8	details of or information regarding the Company’s or any Associated Employer’s terms of business with customers and suppliers; 

 

	 	24.3.9	details of or information regarding the Company’s or other Associated Employer’s development or staffing plans; 

  

	 	24.3.10	information of a personal or otherwise of a confidential nature relating to fellow employees, directors or officers of and/or consultants to, the Company and/or any Associated Employer for which you may from time to
time provide services; 

  

	 	24.3.11	confidential information concerning, or details of, any competitive business pitches, and/or target details; 

  

	 	24.3.12	details of or information regarding the nature and origin of any goods and/or services provided, marketed or sold, obtained or brokered by the Company or any Associated Employer; 

  
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	 	24.3.13	details of or information regarding the Company’s and/or any Associated Employer’s sales techniques, price lists, pricing policies and/or discount structures; 

 

	 	24.3.14	documents or information marked as confidential on its face; and/or 

  

	 	24.3.15	documents or information which have been given to the Company or any Associated Employer in confidence by any customer, supplier or other person and/or any documents or information which have been supplied to you in
confidence or which you have been informed are confidential or which you might reasonably be aware is confidential. 

  

	24.4	You must not at any time whether during or after the termination of the employment directly or indirectly, whether on your own account or for or on behalf of any other person other than in the proper performance of your
duties, with the prior written consent of the Company or as required or permitted by law: 

  

	 	24.4.1	divulge Confidential Information to any person; 

  

	 	24.4.2	use or attempt to use Confidential Information for your own purposes or for any purposes which are not the Company’s or any Associated Employer’s purposes or in any manner which may injure or cause loss either
directly or indirectly to the Company or any Associated Employer or its of their business or may be likely to do so; or 

  

	 	24.4.3	through any failure to exercise reasonable care and diligence, cause or bring about any unauthorised disclose or any Confidential Information. 

 

	24.5	You undertake to use reasonable endeavours to prevent the disclosure of any Confidential Information and keep with complete secrecy all Confidential Information entrusted to you. 

 

	24.6	Clauses 24.4 and 24.5 do not relate to information that is or may become (other than through your breach of this clause) generally available to the public or which constitutes a protected disclosure within the meaning
of section 43A of the Employment Rights Act 1996. 

  

	24.7	You undertake to promptly disclose to the Company any information which comes into your possession which affects adversely or may affect adversely the Company, any Associated Employer or the business of the Company or
any Associated Employer. Such information shall include (but shall not be limited to)- 

  

	 	24.7.1	the plans of any employee to leave the Company (whether alone or in concert with other employees); 

  

	 	24.7.2	the plans of any employee (whether alone or in concert with other employees) to join a competitor or to establish or operate a business in competition with the Company; 

 

	 	24.7.3	any steps taken by any employee to implement either of such plans; 

  

	 	24.7.4	the misuse by any employee of any Confidential Information belonging to the Company or any Associated Employer. 

  
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	25.	INTELLECTUAL PROPERTY 

  

	25.1	In this clause “Client” means any client or customer (including any potential client or customer) of the Company and/or any Associated Employer. 

 

	25.2	You acknowledge that in the course of your employment and as part of your duties both prior to the date of this agreement and following the commencement of this agreement: 

 

	 	25.2.1	you have conceived, originated, made or acquired and may conceive, originate, make or acquire individually or with others, certain inventions processes, formulas, utility models, novel creations, ideas, discoveries,
know how, trade secrets, business names, developments, writings, trade marks, service marks, designs, drawings, improvements and innovations, whether or not capable of being patented or registered in some other way; and 

 

	 	25.2.2	you have developed or produced and may develop or produce, individually or with others, certain works in which copyright, design right and/or database right will subsist in various media, including but not limited to
electronic materials (including but not limited to software or instruction manuals), 

 (together called
“Inventions”). 
  

	25.3	You undertake to promptly following the date of this agreement disclose to the Company in writing full particulars of any Inventions created prior to the date of this agreement and you undertake to disclose to the
Company in writing full particulars of any Inventions created after the date of this agreement promptly following their creation. You undertake not to use, disclose to any other person or exploit any Inventions without the Company’s prior
written consent. 

  

	25.4	You acknowledge that any and all Inventions and the Intellectual Property subsisting or which may in the future subsist in any Inventions, including but not limited to any that: 

 

	 	25.4.1	relate or related in any manner to the business of the Company or any Associated Employer or to the Company’s or any Associated Employer’s actual or anticipated activities or to any Client or to any
Client’s actual or anticipated activities; or 

  

	 	25.4.2	involve or involved the use of the Company’s, any Associated Employer’s or any Client’s equipment, supplies, facilities, confidential information, Intellectual Property or time, 

hereby vest in or be or will, on creation, subject to the provisions of the Patents Act 1977, the Registered Designs Act 1949 and the Copyright
Designs and Patents Act 1988, vest in and be the Company’s (or if required by the Company, the relevant Client’s) exclusive property in the United Kingdom or any other part of the world as absolute beneficial owner without any payment to
you for it and where the same does not automatically vest in accordance with this clause, you hereby irrevocably and unconditionally assign the same to the Company (or if required by the Company, the relevant Client). 

 

	25.5	 You agree to assist the Company and, if requested by the Company, any Client in connection with any application in relation to Inventions and to
prepare and execute such instruments and do all such other acts and things as may be necessary or desirable to enable the Company, the 

  
 13 

	 	
relevant Client or their respective nominees to obtain and maintain protection of any Inventions vested in the Company or the relevant Client in such parts of the world as may be specified by the
Company, the relevant Client or their respective nominees and to enable the Company or the relevant Client to exploit any Inventions vested in them to the best advantage. 

 

	25.6	You hereby irrevocably appoint the Company to be your attorney in your name and on your behalf to do all such acts and things and to sign all such deeds and documents and to use your name for the purpose of giving the
Company, any relevant Client or their respective nominees the full benefit of this clause 25. You agree that, as evidence to any person, a certificate signed by the Company or by any duly authorised employee that any act or thing or deed or document
falls within the authority hereby conferred by this clause 25.6 will be conclusive evidence that this is the case. 

  

	25.7	You agree that any and all Inventions disclosed by you to any person, published or described in a patent or registered design application or registered trade mark or service mark application filed by you (alone or
jointly) or on your behalf within 12 months after the termination of this agreement will be presumed to have been conceived, made, developed or produced by you in the course of the employment unless proved by you to have been conceived, made,
developed or produced by you after the termination of this agreement. 

  

	25.8	You irrevocably and unconditionally waive any and all rights which you may have which are or have been conferred on you by Chapter IV of Part 1 of the Copyright, Designs and Patents Act 1988 headed “Moral
Rights” and by any other laws of a similar or equivalent nature in any of the countries of the world. 

  

	25.9	Where an injunction restraining use or exploitation by the Company or any Client of any invention is, in the opinion of the Company’s legal advisers, likely to be granted by a court to a third party, you must do
all such acts and things either to render them non-infringing without affecting any of your other duties and obligations under this agreement or shall obtain a licence from the third party granting the Company or the Client as the case may be the
right to continue using them. 

  

	25.10	You must not knowingly do, permit or suffer to be done any act or thing or omit to do any act or thing which might jeopardize or prejudice any of the rights conferred on or vested in the Company or any Client by virtue
of this clause or any document signed executed and delivered pursuant to this clause or which might invalidate or prejudice any application made by the Company or any Client for a patent, registered design, copyright, design right or other similar
right in any part of the world. 

  

	25.11	Your obligations under this clause 25 shall continue to apply after the termination of the employment (whether terminated lawfully or not). Each of these obligations is enforceable independently of each of the others
and its validity shall not be affected if any of the others are unenforceable to any extent. 

  

	26.	GRIEVANCE PROCEDURE 

  

	26.1	If you have a grievance relating to the employment, this should be raised initially with your Manager. You may be required to put any such grievance in writing. 

  
 14 

	26.2	Your Manager or another appropriate person will consider the grievance and will notify you of its decision. 

  

	26.3	The grievance procedure in the Employee Handbook shall not apply to the employment. 

  

	27.	DISCIPLINARY PROCEDURE 

  

	27.1	The Company’s Disciplinary Procedure can be found in the Handbook. The Disciplinary Procedure may be varied, disapplied, removed, added to or supplemented by the Company at any time in its sole and absolute
discretion and shall not have contractual effect. 

  

	28.	TERMINATION 

  

	28.1	Without prejudice to any other term of this agreement providing for earlier termination, the employment may be terminated by either you or the Company giving to the other not less than 6 months’ prior written
notice. 

  

	28.2	The Company may (without prejudice to and in addition to any other remedy) forthwith terminate the employment without prior notice or payment in lieu thereof if, in the opinion of the Company, it appears that you:

  

	 	28.2.1	are guilty of gross misconduct; 

  

	 	28.2.2	have committed any act of fraud or dishonesty; 

  

	 	28.2.3	have committed any act, which in the opinion of the Company, constitutes a breach (or may have been calculated by you to constitute a breach) of the relationship of trust and confidence between the Company by you;

  

	 	28.2.4	have misconducted yourself during or outside the course of the employment in a manner, which in the opinion of the Company, brings the Company and/or any Associated Employer into disrepute or otherwise harms or has the
potential to harm the interests of the Company and/or any Associated Employer or its or their business(es), including (without prejudice to the generality of foregoing), any conduct in respect of which disciplinary and/or corrective proceedings
and/or measures are brought or implemented (or might be brought or implemented) by any public body, regulatory authority or society that is relevant to the Company and/or any Associated Employer and/or the employment; 

 

	 	28.2.5	have committed any, serious and/or any repeated, breach of or failure to observe, any of the terms, conditions or stipulations contained in this agreement; 

 

	 	28.2.6	are guilty of serious and/or any repeated negligence or incompetence; 

  

	 	28.2.7	have committed any breach of any of the rules, regulations, codes of practice, recommendations and/or requirements of any public body, regulatory authority or society that is relevant to the Company and/or any
Associated Employer and/or the employment; 

  

	 	28.2.8	have provided any misleading or inaccurate information to any public body, regulatory authority or society that is relevant to the Company and/or any Associated Employer and/or the employment; 

  
 15 

	 	28.2.9	do not possess, have lost or do not obtain any certificate, approval, authorisation, permission, visa, registration, security clearance or any other item that is granted by any third party (included but not limited to
any public body, regulatory authority or society) that is necessary or desirable for you to possess for the performance of your duties hereunder; 

  

	 	28.2.10	have become bankrupt or applied for a receiving order or have a receiving order made against you or have entered into any arrangement or composition with your creditors; 

 

	 	28.2.11	have been prohibited by law from acting as a director of any company; 

  

	 	28.2.12	have become of unsound mind or a patient within the meaning of any United Kingdom statute relating to mental health; and/or 

  

	 	28.2.13	have been convicted of any criminal offence (other than an offence under the Road Traffic Acts for which a penalty of imprisonment is not imposed), 

and any delay by the Company in exercising such right to terminate shall not constitute a waiver thereof. 

 

	28.3	Upon the termination of this agreement under clause 28.2, you shall be paid your salary accrued to the date of termination, together with any entitlement to be paid for accrued but untaken statutory holidays at the date
of termination but you shall not be entitled to any other payment or compensation whatsoever in respect of such termination. 

  

	28.4	On the termination of the employment for any reason and howsoever arising: 

  

	 	28.4.1	you shall at the request of the Company, resign from all offices held by you, if any, in or as the representative or nominee of the Company or any Associated Employer, including but not limited to any appointment as
director or company secretary of the same; and 

  

	 	28.4.2	you shall, without payment, transfer to the company, or as the Company may otherwise direct, any qualifying shares held by you on behalf of or as the representative or nominee of the Company or any Associated Employer,

 and you hereby, irrevocably appoint the Company to be your attorney in your name and on your behalf to sign, execute or do
any instrument or act and generally to use your name for the purpose of giving to the Company or its nominee the full benefit of the provisions of this clause 28.4. 
  

	28.5	After the termination of the employment under this agreement, you shall, on request, render such assistance and perform such tasks and functions as the Company may reasonably require for its business to assist the
Company (to deal properly, efficiently and cost-effectively with any matters in connection with the affairs of the Company and/or any Associated Employer and in respect of which you have particular knowledge and expertise by reason of the
employment. You shall be entitled to be paid a reasonable fee (not exceeding your base salary pro-rata on termination of this employment) and to be reimbursed all reasonable out of pocket expenses properly incurred in rendering such assistance and
performing such tasks and functions. 

  
 16 

	29.	PAYMENT IN LIEU OF NOTICE 

  

	29.1	Whether or not notice is served by the Company or you to terminate the employment or if either you or the Company otherwise purports to terminate the employment, the Company may in its sole and absolute discretion elect
to terminate the employment at any time and with immediate effect by: 

  

	 	29.1.1	notifying you that the Company is exercising its right under this agreement to make a payment in lieu of notice; and 

  

	 	29.1.2	within 28 days of the notification referred to in clause 29.1.1 above, making to you a payment in lieu of notice in accordance with clause 29.2 below. 

 

	29.2	When making a payment in lieu of notice pursuant to clause 29.1 above, or otherwise, the Company may make a payment equivalent to your basic salary (as at the date of the termination) only for the whole of the notice
period (or, if applicable, its remainder): 

  

	 	29.2.1	in a lump sum; or 

  

	 	29.2.2	in installments over the period until the expiry, if it had been served (in full or at all), of the notice period, 

and, in each case, such payments will be subject to income tax and national insurance contributions. 

 

	29.3	The Company will not be deemed to have made an election to pay in lieu of notice unless written notice to that effect is given to you in accordance with clause 29.1.1. For the avoidance of doubt, the Company’s
right to elect to make a payment in lieu of notice does not give you any right to receive one. 

  

	30.	SUSPENSION, CHANGE OF DUTIES AND GARDEN LEAVE 

  

	30.1	The Company may suspend all or any of your duties and powers or assign you such alternative duties as the Company may in its sole and absolute discretion deem appropriate for such periods and on such terms as it
considers expedient in its sole and absolute discretion: 

  

	 	30.1.1	during any period in which the Company is carrying out an investigation into any alleged acts or defaults by you; 

  

	 	30.1.2	in circumstances where it is suspected that you are in breach of any legal or regulatory requirement, including but not limited to any such requirements imposed by any public body, regulatory authority or society that
is relevant to the Company and/or any Associated Employer and/or the employment and/or any stock exchange on which the Company’s or any Associated Employer’s shares are traded, 

and during any such period, you shall continue to receive your salary and contractual benefits. 

 

	30.2	At any stage during your notice period (whether notice is given by you or by the Company) or if you seek to or indicate an intention to resign as an employee of the Company or any Associated Employer or to terminate the
employment without notice the Company may, in its sole and absolute discretion (without any requirement to give a reason): 

  
 17 

	 	30.2.1	alter your duties to such other duties as the Company may determine in its sole and absolute discretion, including but not limited to non-client facing duties; or 

 

	 	30.2.2	instruct you to remain away from work on garden leave (“Garden Leave”). 

  

	30.3	During any period of Garden Leave; 

  

	 	30.3.1	You may be excluded from all or any premises of the Company or any Associated Employer; 

  

	 	30.3.2	you must be available for work but the Company is not obliged to provide you with any work and may require you to perform different duties and/or tasks from your normal duties; 

 

	 	30.3.3	the Company shall be entitled to require you to perform work at home in relation to matters of which you have knowledge or which fall within your competence; 

 

	 	30.3.4	you will be entitled to receive your salary and any contractual benefits under this agreement, excluding any bonus of any nature, which you will not be entitled to in respect of any period of Garden Leave;

  

	 	30.3.5	you may not, without the prior written consent of the Company, contact or attempt to contact any client, customer, prospective client or customer, agent, professional adviser, employee, consultant, supplier or broker of
the Company or any Associated Employer; 

  

	 	30.3.6	you will not be permitted to work for any other organisation or on your own behalf without the Company’s prior written consent; 

 

	 	30.3.7	you shall keep the Company informed of your whereabouts (except in any period taken as holiday) so that you can be called upon to perform any appropriate duties as requested by the Company (and if required to provide
the Company with a contact telephone number and email address for this purpose); 

  

	 	30.3.8	you shall refer to the Company immediately any communications in whatever form received by you from any client or customer or prospective client or customer of the Company or any Associated Employer; 

 

	 	30.3.9	you must take any accrued and accruing holiday (and any accrued but unused holiday entitlement shall be deemed to be taken during any period of Garden Leave) and this clause 30.3.9 is notice to you pursuant to
Regulation 15(3) of the Working Time Regulations 1998 that holiday is to be taken during this period; 

  

	 	30.3.10	you may be required to return to the Company all documents and items of property which belong to the Company or any Associated Employer (including but not limited to those which contain or refer to any Confidential
Information (as defined in clause 24)) and which are in your possession or under your power or control; 

  
 18 

	 	30.3.11	you must immediately on request resign as a director, secretary or from any other appointment held in or on behalf of the Company or any Associated Employer without claim for compensation for loss of office (and in the
event of your failure to do so the Company is hereby irrevocably appointed to appoint some person in your name and on your behalf to sign and deliver such resignation(s) to the Company); 

 

	 	30.3.12	all other terms and conditions of the employment (both express and implied) will remain in full force and effect; and 

  

	 	30.3.13	you will continue to owe the Company a duty of fidelity and good faith and, if applicable, duties as a fiduciary, in full and to the same extent as existed prior to the Garden Leave period. 

 

	31.	RECONSTRUCTION 

 If the employment is terminated by reason of the Company’s
liquidation for the purposes of an amalgamation or reconstruction and you are offered work by any person resulting from such amalgamation or reconstruction on terms no less favourable than the terms of this agreement you will have no claim against
the Company in respect of the termination of the employment. 
  

	32.	DEDUCTIONS 

 You hereby irrevocably agree that the Company may at any time deduct any sum
you owe to the Company or any Associated Employer (including without limitation any overpayment of salary or other benefits) from any sum the Company owes to you. 
  

	33.	COMPANY DOCUMENTS 

 All notes, memoranda, records, lists of customers and suppliers and
employees, papers, documents, correspondence, writings, accounts, designs, price lists, specifications, Company letterhead paper, stationary, computer software, computer programmes, computer operating systems, computers, laptop computers, table
computers, mobile phones, PDAs, smart phones, portable devices, material and all information recorded on magnetic tape or disc or otherwise recorded or stored for reproduction whether by mechanical or electronic means including any copy which is
from time to time in your possession or control and which relates to the Company or any Associated Employer will be and remain at all times the property of the Company or any Associated Employer (as the case may be). Upon the termination of the
employment, or at any other time as requested by the Company, you must return all such items and information in your possession or under your control and will provide to the Company on request a statement that you have complied with these
requirements. 
  

	34.	POST TERMINATION COVENANTS 

  

	34.1	For the purpose of this clause 34 the following expressions have the following meanings respectively- 

  
 19 

	 	34.1.1	“Confidential Information” has the meaning given to that expression in clause 24; 

  

	 	34.1.2	“Customer” means any person, company or other entity who or which at any time in the 12 months immediately preceding the Termination Date was a customer or client of the Company or any Associated
Employer and: 

  

	 	34.1.2.1	with whom or which, during such period you had business dealings in the course of the employment; or 

  

	 	34.1.2.2	in relation to whom or which, you, by reason of the employment, are in possession of any trade secrets or Confidential Information; 

  

	 	34.1.3	“Prospective Customer” means any person, company or other entity with whom or which at any time in the 12 months immediately preceding the Termination Date the Company or any Associated Employer shall
have had negotiations or discussions for the supply or provision of goods and/or services supplied and/or provided by the Company or any Associated Employer, and: 

 

	 	34.1.3.1	with whom or which, during such period you had business dealings during the course of those negotiations or discussions; or 

  

	 	34.1.3.2	in relation to whom or which, you, by reason of the employment, are in possession of any trade secrets or Confidential Information; 

  

	 	34.1.4	“Relevant Person” means any person who at any time in the 12 months immediately preceding the Termination Date was employed or engaged by the Company or any Associated Employer: 

 

	 	34.1.4.1	as a vice president, officer, director, and/or senior manager; 

  

	 	34.1.4.2	who has acquired influence over any Customers and/or Prospective Customers by reason of being or having been employed or engaged by the Company and/or any Associated Employer; and/or 

 

	 	34.1.4.3	who is in possession of any trade secrets or Confidential Information relating to the business of the Company or any Associated Employer or relating to any Customer and/or Prospective Customer by reason of being or
having been employed or engaged by the Company and/or any Associated Employer; 

 and with whom you had dealings at any time
in the 12 months immediately preceding the Termination Date; 
  

	 	34.1.5	“Restricted Business” means the business of the Company and the business of any Associated Employer (and in each case, any parts thereof) with which you were materially concerned and/or for which you
were responsible, in each case at any time during the 12 months immediately preceding the Termination Date; 

  

	 	34.1.6	“Restricted Period” means: 

  

	 	34.1.6.1	in the case of clause 34.2.1 to 34.2.9 the period of 12 months following the Termination Date, less any period of time spent by you on Garden Leave; 

  
 20 

	 	34.1.6.2	in the case of clause 34.2.10, the whole of the period following the Termination Date; 

  

	 	34.1.7	“Supplier” means any person, company or other entity who or which at any time in the 12 months immediately preceding the Termination Date was a supplier of goods and/or services to the Company or any
Associated Employer, and: 

  

	 	34.1.7.1	with whom or which, during such period you had business dealings in the course of the employment; or 

  

	 	34.1.7.2	in relation to whom or which, you, by reason of the employment with the Company, are in possession of any trade secrets or Confidential Information; and 

 

	 	34.1.8	“Termination Date” means the date of termination of the employment, howsoever arising. 

  

	34.2	You hereby undertake with the Company (for itself and as trustee and agent for each Associated Employer) that you will not without the prior written consent of the Company for the relevant Restricted Period, whether on
your own account, or for, with or through any other person company or other entity, directly or indirectly: 

  

	 	34.2.1	carry on or be employed, engaged, interested or concerned in any capacity in any trade or business or occupation whatsoever which is or might reasonably be considered to be in competition with the Restricted Business;

  

	 	34.2.2	in competition with the Restricted Business solicit, interfere with or entice away or endeavour to solicit, interfere with or entice away any Customer; 

 

	 	34.2.3	in competition with the Restricted Business solicit, interfere with or entice away or endeavour to solicit, interfere with or entice away any Prospective Customer; 

 

	 	34.2.4	in competition with the Restricted Business have business dealings with any Customer; 

  

	 	34.2.5	in competition with the Restricted Business have business dealings with any Prospective Customer; 

  

	 	34.2.6	solicit or induce or endeavour to solicit or induce any Relevant Person to cease working for or providing services to the Company, whether or not any such person would thereby commit a breach of contract;

  

	 	34.2.7	employ or otherwise engage in any business in competition with the Restricted Business any Relevant Person; 

  

	 	34.2.8	encourage or cause or endeavour to encourage or cause any Supplier to cease providing goods and/or services to the Company or any Associated Employer; 

 

	 	34.2.9	encourage or cause or endeavour to encourage or cause any Supplier to materially alter the terms of its business with the Company or any Associated Employer; and/or 

  
 21 

	 	34.2.10	use or permit to be used any trade or service name or get-up used in the Company and/or any Associated Employer or any other name likely to be confused with such name and/or get-up. 

 

	34.3	While the restrictions in this clause 34 (on which you have had the opportunity to take independent legal advice, as you hereby acknowledge) are considered by the parties to be reasonable in all the circumstances, it is
agreed that if any such restriction (including the definitions contained in clause 34.1), by itself, or taken together with the others, is found to be void but would be valid if some part of it were deleted, such restriction shall apply with such
modification as may be necessary to make it valid and effective. 

  

	34.4	The parties agree that the restrictions set out in this clause 34 shall be separate and severable and enforceable as such. If any restriction is determined as being unenforceable in whole or in part for any reason, that
shall not affect the enforceability of the remaining restrictions or, in the case of part of a restriction being unenforceable, the remainder of that restriction. 

 

	34.5	You hereby agree and undertake that you will upon receipt of any request from the Company to do so, enter into equivalent restrictions to those contained within this clause 34 directly with any Associated Employer with
which you may be involved from time to time. 

  

	34.6	The Company may by notice to you at any time reduce in whole or in part the scope and/or duration of any of the restrictions set out in this agreement to such extent as the Company may in its sole and absolute
discretion determine and thereupon such restrictions shall apply as modified by such notice. 

  

	34.7	The benefit of each restriction set out in this agreement shall be enforceable by the Company and any Associated Employer. 

  

	34.8	You undertake immediately to draw these restrictions to the attention of any person for or with whom you commence employment or work at any time during the period to which each restriction applies. For this purpose, the
phrase “commences employment or work” includes entering into discussions or negotiations that are likely or intended to result in such commencement. 

  

	35.	DATA PROTECTION 

  

	35.1	You consent to the Company or any Associated Employer holding and processing personal data as defined in the Data Protection Act 1998 (the “DPA”) concerning you in order to properly fulfil its obligations to
you under this agreement and as otherwise required or permitted by law in relation to your employment in accordance with the DPA. Such processing shall principally be for legal, personnel, administrative and payroll purposes. 

 

	35.2	You accept and acknowledge that, if required at any time to work on behalf of the Company or any Associated Employer overseas, the Company may need to pass personal data concerning you to the person, firm or company
with whom you are working anywhere in the world and you hereby expressly consent to the Company doing so. 

  

	35.3	You further consent to the Company and any Associated Employer processing any sensitive personal data (as defined in the DPA) relating to you, including, as appropriate: 

  
 22 

	 	35.3.1	information about your physical or mental health or condition in order to monitor sick leave and take decisions as to fitness for work (including any medical report made by a medical practitioner nominated by the
Company pursuant to clause 21); 

  

	 	35.3.2	your racial or ethnic origin or religious or similar information in order to monitor compliance with equal opportunities legislation; and 

 

	 	35.3.3	information relating to any criminal proceedings in which you may have been involved for insurance purposes and in order to comply with legal requirements and obligations to third parties. 

 

	35.4	You acknowledge that the Company and any Associated Employer may make any information to which clause 35 relates available to individuals or companies who provide products or services to the Company (such as advisers
and payroll administrators), regulatory authorities, potential or future employers, governmental or quasi-governmental organisations and potential purchasers of the Company or the business in which you are employed. 

 

	36.	MISREPRESENTATION 

 You must not at any time make any untrue statement in relation to the
Company and, in particular, must not after the termination or expiration of the employment represent to any person that you remain employed by or connected with the Company. 
  

	37.	PROVISIONS OPERATING AFTER TERMINATION OR EXPIRATION 

  

	37.1	The termination or expiration of the employment will not affect any provision of this agreement that operates or has effect or is expressed to operate or have effect after termination or expiration whether the
employment is terminated or expires lawfully and fairly or otherwise. 

  

	37.2	No changes to this agreement will be effective unless made in writing and signed by the parties or on their behalf by any properly authorised person. 

 

	38.	INVALIDITY OR UNENFORCEABILITY 

 The parties agree that each of the clauses and
sub-clauses of this agreement shall be separate and severable and enforceable as such. The complete or partial invalidity or unenforceability of any provision of this agreement for any purpose will in no way affect the validity or enforceability of
such provision for any other purpose or of the remaining provisions of this agreement. 

  
 23 

	39.	SUPPLEMENTAL TERMS 

  

	39.1	Each Associated Employer and any of their agents may enforce the terms of this agreement directly against you pursuant to the Contracts (Rights of Third Parties) Act 1999. 

 

	39.2	Save as provided in clause 39.1 above, no term of this agreement shall be enforceable by any person who is not a party to it either under the Contracts (Rights of Third Parties) Act 1999 or otherwise. 

 

	39.3	There is no current requirement for you to work outside the United Kingdom for any consecutive period in excess of one month. 

  

	40.	CHOICE OF LAW AND SUBMISSION TO JURISDICTION 

 This agreement will be governed by and
construed in accordance with English law. The parties agree to submit to the exclusive jurisdiction of the English courts in relation to any claim or matter arising under this agreement. 

IN WITNESS whereof this agreement has been executed as a deed by the parties on the date stated above. 

 

			
	 EXECUTED AS A DEED by
  

acting by two directors or a director
 and the company
secretary
  
 /s/ Frank
Condella        sign here
 Director

 
 /s/ Jonathan Lloyd Jones         sign
here
 Director / Company Secretary
	  	 EXECUTED AS A DEED by
  

/s/Nikin Patel        sign here

in the presence of
  

/s/ Tom Brown        

Witness sign here
  

Tom Brown
 Witness print name

 
 Freeth Cartwright LLP

6 Bennetts Hill
 Birmingham B2 55T

Witness address

  
 24EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 2 TO CREDIT AGREEMENT 

AND AMENDMENT NO. 1 TO GUARANTEE AND COLLATERAL AGREEMENT 

This Amendment No. 2 to Credit Agreement and Amendment No. 1 to Guarantee and Collateral Agreement dated as of
September 13, 2013 (this “Amendment”), is made by and among GRAPHIC PACKAGING INTERNATIONAL, INC., a Delaware corporation (the “Borrower”), GRAPHIC PACKAGING HOLDING COMPANY, a Delaware
corporation (“Holding”), GRAPHIC PACKAGING CORPORATION, a Delaware corporation (“GPC”), BANK OF AMERICA, N.A., a national banking association organized and existing under the laws of the United States
(“Bank of America”), in its capacity as Administrative Agent under the Credit Agreement described below (in such capacity, the “Administrative Agent”) and in its capacities as Alternative Currency Funding Fronting
Lender and Swing Line Lender thereunder and Euro Tranche Swing Line Lender hereunder, each of the existing Lenders under such Credit Agreement that are party hereto (collectively, the “Existing Lenders”), each of the Persons
becoming Lenders by the execution of this Amendment (the “Joining Lenders”), each of the Subsidiaries of the Borrower becoming Incremental Revolving Tranche Borrowers by execution of this Amendment, and each of the Subsidiary
Guarantors signatory hereto. 
 RECITALS: 

A. The Borrower, the Administrative Agent, and the Existing Lenders have entered into that certain Amended and Restated Credit Agreement dated
as of March 16, 2012 (as amended by that certain Amendment No. 1 to Credit Agreement dated as of December 18, 2012 (“Amendment No. 1”) and in effect on the date hereof, the “Credit Agreement”;
capitalized terms used in this Amendment not otherwise defined herein shall have the respective meanings given thereto in the Credit Agreement), pursuant to which the Lenders have made available to the Borrower a term loan facility and a revolving
credit facility, including letter of credit and swing line subfacilities. 
 B. Holding, GPC, the Borrower and each of the Subsidiary
Guarantors (collectively, the “Guarantors”) have entered into that certain Amended and Restated Guarantee and Collateral Agreement dated as of March 16, 2012 (as in effect on the date hereof, the “Guarantee and
Collateral Agreement”) (i) pursuant to which Holding, GPC and the Subsidiary Guarantors have guaranteed, among other things, the payment and performance of the obligations of the Borrower under the Credit Agreement and the other Loan
Documents, and (ii) which secures, among other things, the Obligations of the Loan Parties under the Credit Agreement and other Loan Documents. 

C. The Borrower has requested (i) that certain Lenders provide a Euro-denominated revolving credit facility in an aggregate amount of up
to €75,000,000.00 (such Euro-denominated revolving credit facility, the “Incremental Euro Tranche Facility”), including a swing line subfacility thereunder, to it and certain of its Subsidiaries, (ii) that certain Lenders
provide a Yen-denominated revolving credit facility in an aggregate amount of up to ¥2,500,000,000.00 (such Yen-denominated revolving credit facility, the “Incremental Yen Tranche Facility” and, together with the Incremental
Euro Tranche Facility, collectively, the 

 
“Incremental Revolving Tranche Facilities”) to it and certain of its Subsidiaries, and (iii) that the Administrative Agent and the Lenders amend certain provisions of the
Credit Agreement, all as set forth herein. 
 D. The Administrative Agent and the Lenders signatory hereto are willing to so amend the
Credit Agreement and, in the case of the Lenders with commitments listed on Schedule 1, including the Joining Lenders (collectively, the “Incremental Revolving Tranche Lenders”), to provide the Incremental Revolving Tranche
Facilities, as applicable, in each case on the terms and conditions contained in this Amendment. 
 In furtherance of the foregoing, the
parties agree as follows: 
 1. Incremental Revolving Tranche Facilities. 

(a) Incremental Facility Amendment. The parties hereto agree and acknowledge that for all purposes this Amendment shall be
considered an “Incremental Facility Amendment,” as such term is defined in and used in the Credit Agreement, each Incremental Revolving Tranche Credit Facility shall constitute an “Incremental Revolving Tranche Facility,” as such
term is defined in and used in the Credit Agreement and each Incremental Revolving Tranche Facility shall constitute a Facility separate from the other Incremental Revolving Tranche Facility for all purposes of the Credit Agreement, including for
determining (i) the Applicable Percentages of each Incremental Revolving Tranche Lender with respect to each Incremental Revolving Tranche Facility, (ii) whether, as to an Incremental Revolving Tranche Facility, an Incremental Revolving
Tranche Lender is an Appropriate Lender, (iii) which Lenders constitute Required Incremental Revolving Tranche Lenders as to such Incremental Revolving Tranche Facility, and (iv) the Incremental Revolving Tranche Exposure with respect to
each Incremental Revolving Tranche Facility; provided that for the purpose of computing the usage of the basket in clause (a) of the first sentence of subsection 2.6 of the Credit Agreement, the aggregate amount of outstanding
Incremental Revolving Tranche Commitments (as defined below) and Incremental Revolving Tranche Loans (as defined below) provided pursuant to this Amendment shall be disregarded. In furtherance of the foregoing, in all instances in the Credit
Agreement where references appear to “the Incremental Revolving Tranche Facility”, “the Incremental Revolving Tranche Commitments” or “the Incremental Revolving Tranche Loans”, such references shall be deemed to refer
to “each applicable Incremental Revolving Tranche Facility”, “the applicable Incremental Revolving Tranche Commitments” and “the applicable Incremental Revolving Tranche Loans,” as appropriate, mutatis mutandis.
The Incremental Revolving Tranche Facilities shall rank pari passu in right of payment and of security with the other Facilities existing under the Credit Agreement on the Amendment Effective Date (as defined below). 

(b) Defined Terms. As used in this Section 1, the following terms shall have the following meanings: 

“Amendment Effective Date”: as defined in Section 5 of this Amendment. 

  
 2 

 “Available Currency”: (a) in the case of the Incremental Euro
Tranche Facility and any Euro Tranche Swing Line Borrowings, Euro or Sterling and (b) in the case of the Incremental Yen Tranche Facility, Yen. 

“Available Incremental Revolving Tranche Commitment”: as to any Incremental Revolving Tranche Lender with
respect to an Incremental Revolving Tranche Facility at any time, an amount equal to the excess, if any, of (a) the amount of such Incremental Revolving Tranche Lender’s Incremental Revolving Tranche Commitment at such time with respect to
such Facility over (b) the Outstanding Amount at such time of all Incremental Revolving Tranche Loans made by such Incremental Revolving Tranche Lender with respect to such Facility. For the avoidance of doubt, Euro Tranche Swing Line Loans
shall not be included in calculating the Available Incremental Revolving Tranche Commitments for the purpose of Section 1(j) of this Amendment. 

“Business Day”: any day other than a Saturday, Sunday or other day on which the Federal Reserve Bank of New
York is closed for business and: 
 (a) if such day relates to any Loan denominated in Euro, means a TARGET Day; 

(b) if such day relates to any interest rate settings as to a Loan denominated in an Available Currency other than Euro, means
any such day on which dealings in deposits in the relevant currency are conducted by and between banks in the London or other applicable offshore interbank market for such currency; and 

(c) if such day relates to any fundings, disbursements, settlements and payments in an Available Currency other than Euro, or
any other dealings in any Available Currency other than Euro to be carried out pursuant to this Amendment in respect of any such Loan (other than any interest rate settings), means any such day on which banks are open for foreign exchange business
in the principal financial center of the country of such currency; 
 provided, that, in the case of any interest rate setting,
funding, disbursement, settlement, payment or other dealing under the Incremental Yen Tranche Facility, such day shall also be a day on which banks are open for foreign exchange business in Hong Kong. 

“Designated Responsible Officer”: shall mean (i) the chief financial officer, the treasurer or any
assistant treasurer of the Borrower and (ii) with respect to any Foreign Obligor, any expressly-named specific individual employee or representative of such Foreign Obligor designated in writing to the
Administrative Agent from time to time by any of the individuals set forth in the preceding clause (i) as having the capacity and authority to request Loans under any applicable Incremental Revolving Tranche Facility. 

“Euro Tranche Swing Line Borrowing”: a borrowing of a Euro Tranche Swing Line Loan pursuant to
Section 1(f) of this Amendment. 

  
 3 

 “Euro Tranche Swing Line Lender”: Bank of America in its
capacity as provider of Euro Tranche Swing Line Loans, or any successor swing line lender hereunder. 
 “Euro Tranche
Swing Line Loan”: as defined in Section 1(f) of this Amendment. 
 “Euro Tranche Swing Line Loan
Notice”: a notice delivered pursuant to Section 1(f) of this Amendment of a Euro Tranche Swing Line Borrowing, which shall be substantially in the form of Exhibit B attached hereto or such other form as may be approved by
the Administrative Agent. 
 “Euro Tranche Swing Line Sublimit”: an amount equal to the lesser of
(a) €7,500,000.00 and (b) the Incremental Revolving Tranche Commitments in respect of the Incremental Euro Tranche Facility. The Euro Tranche Swing Line Sublimit is part of, and not in addition to, the Incremental Revolving Tranche
Commitments under the Incremental Euro Tranche Facility. 
 “Incremental Euro Tranche Facility”: as defined
in Recital C of this Amendment. 
 “Incremental Revolving Tranche Borrower”: as defined in
Section 1(c) of this Amendment. 
 “Incremental Revolving Tranche Commitment”: as to each
Incremental Revolving Tranche Lender with respect to an Incremental Revolving Tranche Facility, its obligation (a) to make Incremental Revolving Tranche Loans under such Facility pursuant to this Amendment, and (b) in the case of the
Incremental Euro Tranche Facility, purchase participations in Euro Tranche Swing Line Loans in an aggregate principal amount at any one time outstanding not to exceed, in the case of the Incremental Euro Tranche Facility, the Euro amount set forth
opposite such Incremental Revolving Tranche Lender’s name on Schedule 1 under the caption “Incremental Euro Tranche Commitment” and, in the case of the Incremental Yen Tranche Facility, the Yen amount set forth opposite such
Incremental Revolving Tranche Lender’s name on Schedule 1 under the caption “Incremental Yen Tranche Commitment,” or, in both cases, opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes
an Incremental Revolving Tranche Lender, as such amount may be adjusted from time to time in accordance with this Amendment and the applicable provisions of the Credit Agreement. 

“Incremental Revolving Tranche Commitment Period”: in respect of each Incremental Revolving Tranche Facility,
the period from and including the Amendment Effective Date to the earliest of (a) the Termination Date, and (b) the date of termination of the Incremental Revolving Tranche Commitments in accordance with this Amendment and the applicable
provisions of the Credit Agreement. 
 “Incremental Revolving Tranche Facilities”: as defined in Recital
C of this Amendment. 

  
 4 

 “Incremental Revolving Tranche Lenders”: as defined in
Recital D of this Amendment. 
 “Incremental Revolving Tranche Loan”: as defined in
Section 1(c) of this Amendment. 
 “Incremental Revolving Tranche Loan Notice”: a notice
delivered pursuant to Section 1(d) of this Amendment of (a) a Borrowing of Incremental Revolving Tranche Loans, or (b) a continuation of Incremental Revolving Tranche Loans, which shall be substantially in the form of
Exhibit A-1 or A-2 attached hereto or such other form as may be approved by the Administrative Agent. 

“Incremental Yen Tranche Facility”: as defined in Recital C of this Amendment. 

“Interest Period”: as to each Eurocurrency Loan, the period commencing on the date such Eurocurrency Loan is
disbursed or converted to or continued as a Eurocurrency Loan and ending on (i) the date one, two, three or six months thereafter, in each case as selected by the applicable Incremental Revolving Tranche Borrower in its Incremental Revolving
Tranche Loan Notice, and (ii) if requested by applicable Incremental Revolving Tranche Borrower and consented to by all the Appropriate Lenders in accordance with this Amendment, the date that is 12 months thereafter; provided that: 

(a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding
Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; 

(b) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically
corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; and 

(c) no Interest Period shall extend beyond the Termination Date of the Facility under which such Loan was made. 

“Outstanding Amount”: (a) with respect to Incremental Revolving Tranche Loans and Euro Tranche Swing Line
Loans denominated in Euro, the aggregate outstanding principal amount thereof, (b) with respect to Incremental Revolving Tranche Loans and Euro Tranche Swing Line Loans denominated in Sterling, the equivalent amount thereof in Euros as
determined by the Administrative Agent at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Euros with Sterling and (c) with respect to Incremental Revolving Tranche Loans
denominated in Yen, the aggregate outstanding principal amount thereof, in all cases after giving effect to any borrowings and prepayments or repayments of such Loans occurring on such date. 

  
 5 

 “Overnight LIBOR Rate”: in relation to any Euro Tranche Swing
Line Loan, the rate per annum equal to the London Interbank Offered Rate (“LIBOR”) or a comparable or successor rate approved by the Euro Tranche Swing Line Lender and the Administrative Agent, as published on the applicable
Telerate screen page (or such other commercially available source providing such quotations as may be designated by the Euro Tranche Swing Line Lender from time to time) at approximately 11:00 a.m., London time, on the date of such requested Euro
Tranche Swing Line Loan (in the case of Loans in Sterling) or two Business Days prior to the date of such Euro Tranche Swing Line Loan (in the case of Loans in Euro) for deposits in the applicable currency. 

“TARGET Day”: any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer
(TARGET) payment system (or, if such payment system ceases to be operative, such other payment system (if any) reasonably determined by the Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euro. 

“Termination Date”: with respect to each Incremental Revolving Tranche Facility, September 13, 2018;
provided, that if such date is not a Business Day, the Termination Date shall be the next preceding Business Day. 
 (c)
Incremental Revolving Tranche Commitments. Subject to the terms and conditions set forth herein (including, in the case of initial Loans to an Incremental Revolving Tranche Borrower (other than the Borrower) the conditions of
Section 1(o) to the designation of such Subsidiary as an Incremental Revolving Tranche Borrower with respect to such Facility) and in clauses (a), (b) and (d) of subsection 6.2 of the Credit Agreement (with the
references in clause (d) to the “Required Revolving Lenders”, “L/C Issuer” and “the relevant Alternative Currency” being deemed to refer to the “Required Incremental Revolving Tranche Lenders under the
Incremental Euro Tranche Facility”, the “Euro Tranche Swing Line Lender” and “Sterling”, respectively), each Incremental Revolving Tranche Lender severally agrees to make loans (each such loan, an “Incremental
Revolving Tranche Loan”) to the Borrower and each Subsidiary of the Borrower designated to be a borrower under such Incremental Revolving Tranche Facility pursuant to Section 1(o) of this Amendment (together with the Borrower,
collectively, the “Incremental Revolving Tranche Borrowers”), in the Available Currency requested by the applicable Incremental Revolving Tranche Borrower from time to time, on any Business Day during the Incremental Revolving
Tranche Commitment Period, in an aggregate amount not to exceed at any time outstanding the amount of such Incremental Revolving Tranche Lender’s Incremental Revolving Tranche Commitment as to the applicable Facility; provided,
however, that after giving effect to any Borrowing under such Facility, (i) the aggregate Outstanding Amount of all Incremental Revolving Tranche Loans under such Facility, plus, in the case of the Incremental Euro Tranche
Facility, the aggregate Outstanding Amount of all Euro Tranche Swing Line Loans shall not exceed the aggregate Incremental Revolving Tranche Commitments then in effect with respect to such Facility, and (ii) the aggregate Outstanding Amount of
the Incremental Revolving Tranche Loans of any Incremental Revolving Tranche Lender as to a Facility plus, in the case of the Incremental Euro Tranche Facility, such Incremental Revolving Tranche Lender’s Applicable Percentage of the
Outstanding Amount of all Euro Tranche Swing Line Loans shall not exceed such Incremental Revolving Tranche Lender’s Incremental 

  
 6 

 
Revolving Tranche Commitment as to such Facility. Within the foregoing limits and subject to the other terms and conditions hereof and under the Credit Agreement, each Incremental
Revolving Tranche Borrower may borrow, prepay and reborrow Incremental Revolving Tranche Loans provided under this Amendment. Incremental Revolving Tranche Loans shall be Eurocurrency Loans and shall be made only in Available Currencies. Without
limitation of the foregoing, subsection 1.4 of the Credit Agreement shall not apply to the Incremental Revolving Tranche Facilities. 

(d) Borrowings and Continuations.  

(i) Each Borrowing under an Incremental Revolving Tranche Facility and each continuation of Incremental Revolving Tranche Loans shall be made
upon the delivery to the Administrative Agent of an Incremental Revolving Tranche Loan Notice, appropriately completed and signed by a Designated Responsible Officer of the applicable Incremental Revolving Tranche Borrower. Each such notice shall be
irrevocable and must be received by the Administrative Agent not later than 10:00 a.m. (London time, in the case of the Incremental Euro Tranche Facility, and Hong Kong time, in the case of the Incremental Yen Tranche Facility) three Business Days
prior to the requested date of any Borrowing of or continuation of Incremental Revolving Tranche Loans; provided, however, that if the applicable Incremental Revolving Tranche Borrower wishes to request Incremental Revolving Tranche
Loans having an Interest Period of twelve months as provided in the definition of “Interest Period” (the option of a nine month Interest Period no longer being available), the applicable notice must be received by the Administrative Agent
not later than 10:00 a.m. (London time, in the case of the Incremental Euro Tranche Facility, and Hong Kong time, in the case of the Incremental Yen Tranche Facility), four Business Days prior to the requested date of such Borrowing or continuation
of Incremental Revolving Tranche Loans, whereupon the Administrative Agent shall give prompt notice to the applicable Incremental Revolving Tranche Lenders of such request and determine whether the requested Interest Period is acceptable to all of
them. Not later than 10:00 a.m. (London time, in the case of the Incremental Euro Tranche Facility, and Hong Kong time, in the case of the Incremental Yen Tranche Facility), three Business Days before the requested date of such Borrowing or
continuation of Incremental Revolving Tranche Loans, the Administrative Agent shall notify the applicable Incremental Revolving Tranche Borrower (which notice may be by telephone) whether or not an Interest Period of twelve months has been consented
to by all the applicable Incremental Revolving Tranche Lenders; provided that the failure of any Incremental Revolving Tranche Lender to respond to a request for an Interest Period of twelve months prior to such time shall be deemed to be a
refusal to consent to such Interest Period by such Incremental Revolving Tranche Lender. Each Borrowing of or continuation of Incremental Revolving Tranche Loans shall be in an amount not less than (x) in the case of Incremental Euro Tranche
Facility, €400,000 (in the case of Euro borrowings) (or integral multiples of €100,000 in excess of that amount) and £300,000 (in the case of Sterling borrowings) (or integral multiples of £100,000 in excess of that amount) and
(y) in the case of the Incremental Yen Tranche Facility, ¥50,000,000 (or integral multiples of ¥10,000,000 in excess of that amount). 

(ii) Each Incremental Revolving Tranche Loan Notice shall specify (1) which Incremental Revolving Tranche Facility is being utilized,
(2) the Incremental Revolving Tranche Borrower requesting such Borrowing of or continuation of Incremental Revolving Tranche Loans, 

  
 7 

 
(3) whether such Incremental Revolving Tranche Borrower is requesting a Borrowing or a continuation of Incremental Revolving Tranche Loans, (4) the requested date of the Borrowing or
continuation, as the case may be (which shall be a Business Day), (5) the principal amount of Incremental Revolving Tranche Loans to be borrowed or continued, (6) the duration of the Interest Period with respect thereto, and (7) in
the case of the Incremental Euro Tranche Facility, the Available Currency in which the Incremental Revolving Tranche Loans are to be borrowed (which shall be made in Euro if an Incremental Revolving Tranche Borrower fails to specify a currency). If
an Incremental Revolving Tranche Borrower fails to give a timely notice requesting a continuation, then the applicable Incremental Revolving Tranche Loans shall be continued as Incremental Revolving Tranche Loans in their original currencies with an
Interest Period of one month. Any such automatic continuation as Incremental Revolving Tranche Loans with an Interest Period of one month shall be effective as of the last day of the Interest Period then in effect with respect to the applicable
Incremental Revolving Tranche Loans. If the applicable Incremental Revolving Tranche Borrower requests a Borrowing of or continuation of Incremental Revolving Tranche Loans in any such Incremental Revolving Tranche Loan Notice, but fails to specify
an Interest Period, it will be deemed to have specified an Interest Period of one month. No Incremental Revolving Tranche Loan may be converted into or continued as an Incremental Revolving Tranche Loan denominated in a different currency, but
instead must be repaid in the original currency of such Incremental Revolving Tranche Loan. 
 (iii) Following receipt of an Incremental
Revolving Tranche Loan Notice requesting a Borrowing of Incremental Revolving Tranche Loans, the Administrative Agent shall promptly notify each Incremental Revolving Tranche Lender under the applicable Facility of the amount (and, in the case of
the Incremental Euro Tranche Facility, currency) of its Applicable Percentage of such Incremental Revolving Tranche Loans. If no timely notice of a continuation is provided by the applicable Incremental Revolving Tranche Borrower, the Administrative
Agent shall notify each Incremental Revolving Tranche Lender under the applicable Facility of the details of any automatic conversion to Eurocurrency Loans with an Interest Period of one month. Each Incremental Revolving Tranche Lender shall make
the amount of its Incremental Revolving Tranche Loan available to the Administrative Agent in Same Day Funds at the Administrative Agent’s Office not later than 10:00 a.m. (London time, in the case of the Incremental Euro Tranche Facility, and
Hong Kong time, in the case of the Incremental Yen Tranche Facility) on the Business Day specified in the applicable Incremental Revolving Tranche Loan Notice. Upon satisfaction of the conditions set forth herein (including the applicable conditions
in subsection 6.2 of the Credit Agreement), the Administrative Agent shall make all funds so received available to the applicable Incremental Revolving Tranche Borrower in like funds as received by the Administrative Agent either by
(x) crediting the account of the applicable Incremental Revolving Tranche Borrower on the books of Bank of America with the amount of such funds or (y) wire transfer of such funds, in each case in accordance with instructions provided to
(and reasonably acceptable to) the Administrative Agent by the applicable Incremental Revolving Tranche Borrower. After giving effect to all Borrowings of Incremental Revolving Tranche Loans and all continuations of Incremental Revolving Tranche
Loans, there shall not be more than twelve Interest Periods in effect in respect of the Incremental Euro Tranche Facility and not more than six Interest Periods in effect in respect of the Incremental Yen Tranche Facility. 

  
 8 

 (e) Termination or Reduction of Incremental Revolving Tranche Commitments. The
Borrower (on behalf of all Incremental Revolving Tranche Borrowers) may, upon notice to the Administrative Agent, terminate all of the Incremental Revolving Tranche Commitments in respect of a Facility provided hereunder, or from time to time
permanently reduce such Commitments, without penalty or premium; provided that (i) any such notice shall be received by the Administrative Agent not later than 12:00 noon (London time, in the case of the Incremental Euro Tranche
Facility, and Hong Kong time, in the case of the Incremental Yen Tranche Facility) three Business Days prior to the date of termination or reduction, and (ii) the Borrower shall not terminate or reduce such Commitments if, after giving effect
thereto and to any concurrent prepayments hereunder, the aggregate Outstanding Amount of all Incremental Revolving Tranche Loans under such Facility, plus, in the case of the Incremental Euro Tranche Facility, the aggregate Outstanding Amount
of all Euro Tranche Swing Line Loans would exceed the Incremental Revolving Tranche Commitments as to such Facility. The Administrative Agent will promptly notify the Incremental Revolving Tranche Lenders of any such notice of termination or
reduction of the Commitments under any Facility as to which it holds a Commitment. The amount of a Commitment reduction under the Incremental Euro Tranche Facility shall not be applied to the Euro Tranche Swing Line Sublimit unless otherwise
specified by the Borrower. Any reduction of the Incremental Revolving Tranche Commitments in respect of any Facility shall be applied to the Commitments of each Incremental Revolving Tranche Lender according to its Applicable Percentage of such
Facility. All fees accrued until the effective date of any termination of the Incremental Revolving Tranche Commitments in respect of any Facility shall be paid on the effective date of such termination. Any such reduction shall be in an amount
equal to the Minimum Principal Amount and shall reduce permanently the Incremental Revolving Tranche Commitments in respect of the applicable Facility then in effect. Notwithstanding anything to the contrary contained herein, the Borrower may
rescind any notice of termination under this Section 1(e) if such termination would have been made in connection with a refinancing or replacement of all or a portion of the Incremental Revolving Tranche Loans, which refinancing or
replacement shall not be consummated or shall otherwise be delayed.  
 (f) Euro Tranche Swing Line Subfacility.  

(i) The Incremental Euro Tranche Facility shall include a swingline subfacility, which is part of, and not in addition to, the Incremental
Revolving Tranche Commitments thereunder. Bank of America in its capacity as the Euro Tranche Swing Line Lender agrees, in reliance on the agreements of the other Incremental Revolving Tranche Lenders under such Facility set forth herein, to make
loans in the Available Currencies (each such loan, a “Euro Tranche Swing Line Loan”) to the Incremental Revolving Tranche Borrowers thereunder from time to time on any Business Day during the Incremental Revolving Tranche Commitment
Period in an aggregate amount not to exceed at any time outstanding Euro Tranche Swing Line Sublimit, notwithstanding the fact that such Euro Tranche Swing Line Loans, when aggregated with the Applicable Percentage of the Outstanding Amount of
Incremental Euro Tranche Loans of the Lender acting as Euro Tranche Swing Line Lender may exceed the amount of such Lender’s Commitment to the Incremental Euro Tranche Facility; provided, however, that (A) after giving effect
to any Euro Tranche Swing Line Loan, (1) the aggregate Outstanding Amount of all Incremental Revolving Tranche Loans under the Incremental Euro Tranche 

  
 9 

 
Facility and Euro Tranche Swing Line Loans shall not exceed the Commitments to the Incremental Euro Tranche Facility at such time, and (2) the aggregate Outstanding Amount of the Incremental
Revolving Tranche Loans under the Incremental Euro Tranche Facility of any Incremental Revolving Tranche Lender at such time plus such Lender’s Applicable Percentage of the Outstanding Amount of all Euro Tranche Swing Line Loans at such
time shall not exceed such Lender’s Commitment to the Incremental Euro Tranche Facility; and (B) the Euro Tranche Swing Line Lender shall not be under any obligation to make any Euro Tranche Swing Line Loan at any time there is a
Defaulting Lender with a Commitment to the Incremental Euro Tranche Facility. Within the foregoing limits, and subject to the other terms and conditions hereof, the Incremental Revolving Tranche Borrowers under the Incremental Euro Tranche Facility
may borrow, prepay and reborrow Euro Tranche Swing Line Loans under this Section 1(f). Each Euro Tranche Swing Line Loan shall bear interest at a rate equal to the Overnight LIBOR Rate plus the Applicable Margin in respect of
Eurocurrency Loans reflected in the definition of “Pricing Grid” in Section 2(b) below. Immediately upon the making of a Euro Tranche Swing Line Loan, each Incremental Revolving Tranche Lender with a Commitment under the
Incremental Euro Tranche Facility shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Euro Tranche Swing Line Lender a risk participation in such Euro Tranche Swing Line Loan in an amount equal to the product
of such Lender’s Applicable Percentage times the amount of such Euro Tranche Swing Line Loan. 
 (ii) Each Euro Tranche Swing Line
Borrowing shall be made upon the delivery to the Euro Tranche Swing Line Lender and Administrative Agent of a Euro Tranche Swing Line Loan Notice, appropriately completed and signed by a Designated Responsible Officer of the applicable Incremental
Revolving Tranche Borrower. Each such notice shall be irrevocable and must be received by the Euro Tranche Swing Line Lender and the Administrative Agent not later than 11:00 a.m. (London time) on the requested borrowing date, and shall specify
(x) the amount to be borrowed, which shall be in the Minimum Principal Amount, and (y) the requested borrowing date, which shall be a Business Day. Unless the Euro Tranche Swing Line Lender has received notice (by telephone or in writing)
from the Administrative Agent (including at the request of any Incremental Revolving Tranche Lender with a Commitment to the Incremental Euro Tranche Facility) prior to 12:00 p.m. (London time) on the date of the proposed Euro Tranche Swing Line
Borrowing (A) directing the Euro Tranche Swing Line Lender not to make such Euro Tranche Swing Line Loan as a result of the limitations set forth in the proviso to the first sentence of Section 1(f)(i) above, or (B) that one or
more of the applicable conditions specified in subsection 6.2 of the Credit Agreement is not then satisfied, then, subject to the terms and conditions hereof and the Credit Agreement, the Euro Tranche Swing Line Lender will, not later than
3:00 p.m. (London time) on the borrowing date specified in such Euro Tranche Swing Line Loan Notice, make the amount of its Euro Tranche Swing Line Loan available to the applicable Incremental Revolving Tranche Borrower at its office by crediting
the account thereof on the books of the Euro Tranche Swing Line Lender in Same Day Funds 
 (iii) The Euro Tranche Swing Line Lender at any
time in its sole and absolute discretion may request that each of the Incremental Revolving Tranche Lenders fund its risk participation in the relevant Euro Tranche Swing Line Loan, and each Incremental Revolving Tranche Lender shall make an amount
equal to its Applicable Percentage in respect of the 

  
 10 

 
Incremental Euro Tranche Facility available to the Administrative Agent in Same Day Funds (and the Administrative Agent may apply Cash Collateral available with respect to the applicable Euro
Tranche Swing Line Loan) for the account of the Euro Tranche Swing Line Lender at the Administrative Agent’s Office not later than 1:00 p.m. (London time) on the Business Day immediately following such request. If any Incremental Revolving
Tranche Lender fails to make available to the Administrative Agent for the account of the Euro Tranche Swing Line Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 1(f)(iii), the
Euro Tranche Swing Line Lender shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such
payment is immediately available to the Euro Tranche Swing Line Lender at a rate per annum equal to the applicable Overnight Rate from time to time in effect, plus any administrative, processing or similar fees customarily charged by the Euro
Tranche Swing Line Lender in connection with the foregoing. If such Incremental Revolving Tranche Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Incremental Revolving Tranche Lender’s
funded participation in the relevant Euro Tranche Swing Line Loan. A certificate of the Euro Tranche Swing Line Lender submitted to any Incremental Revolving Tranche Lender (through the Administrative Agent) with respect to any amounts owing under
this Section 1(f) shall be conclusive absent demonstrable error. Each Incremental Revolving Tranche Lender’s obligation to purchase and fund risk participations in Euro Tranche Swing Line Loans pursuant to this
Section 1(f) shall be absolute and unconditional and shall not be affected by any circumstance, including (x) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against the Euro Tranche Swing
Line Lender, any Incremental Revolving Tranche Borrower or any other Person for any reason whatsoever, (y) the occurrence or continuance of a Default, or (z) any other occurrence, event or condition, whether or not similar to any of the
foregoing. No such funding of risk participations shall relieve or otherwise impair the obligation of any Incremental Revolving Tranche Borrower to repay Euro Tranche Swing Line Loans, together with interest as provided herein. 

(iv) The repayment of participations, interest and payment provisions set forth in subsections 2.4(d), (e) and
(f) of the Credit Agreement shall apply to Euro Tranche Swing Line Loan, mutatis mutandis, except that the reference to Base Rate Loans in subsection 2.4(e) of the Credit Agreement shall be disregarded. Each reference to
“Credit Extension” and “Request for Credit Extension” included in Section 5 and subsection 6.2 of the Credit Agreement shall be deemed to include a reference to a borrowing of Euro Tranche Swing Line Loans and
request therefor, respectively. Each reference to “Swing Line Lender” and “Swing Line Loans” included in the definitions of “Interest Payment Date,” “Lender,” “Required Lenders” and “Secured
Parties” in the Credit Agreement and subsections 2.5(b), 4.6(c), 5.15, 10.1, 10.6, 10.9, 11.1(a)(xii), 11.2, 11.3, 11.5(b), 11.6(b), 11.7 and 11.12 of
the Credit Agreement and related references to “the Revolving Credit Facility” and “Revolving Credit Lenders” included therein shall be deemed to include references to the Euro Tranche Swing Line Lender, Euro Tranche Swing Line
Loans, the Incremental Euro Tranche Facility and Incremental Euro Tranche Lenders where appropriate. 
 (g) Repayment of Loans. The
final maturity and “Termination Date” with respect to each Incremental Revolving Tranche Facility shall be the Termination Date set forth in Section 1(b) 

  
 11 

 
above. Each Incremental Revolving Tranche Borrower shall pay to the Administrative Agent for the account of (i) each Incremental Revolving Tranche Lender, the then unpaid principal amount of
each Incremental Revolving Tranche Loan of such Lender made to such Incremental Revolving Tranche Borrower on the Termination Date (or such earlier date on which the Incremental Revolving Tranche Loans become due and payable pursuant to
Section 9 of the Credit Agreement) and (ii) the Euro Tranche Swing Line Lender, the then unpaid principal amount of the Euro Tranche Swing Line Loan made to such Incremental Revolving Tranche Borrower on the Termination Date (or
such earlier date on which the Euro Tranche Swing Line Loans become due and payable pursuant to Section 9 of the Credit Agreement). 

(h) Interest Rates. For all purposes and uses in the Credit Agreement (including without limitation for purposes of the definition of
“Default Rate” and subsection 4.1(a) thereof), the rates per annum applicable to Eurocurrency Loans in the Pricing Grid (as amended pursuant to Section 2 below) shall be considered the “Applicable Margin”
applicable to the Incremental Revolving Tranche Facilities. Without limitation of the foregoing, each Incremental Revolving Tranche Borrower shall pay to the Administrative Agent for the account of each Incremental Revolving Tranche Lender, interest
on the Incremental Revolving Tranche Loans made by such Incremental Revolving Tranche Lender to such Incremental Revolving Tranche Borrower on each Interest Payment Date at the rates per annum applicable to Eurocurrency Loans (including the
Applicable Margin) in accordance with subsection 4.1 of the Credit Agreement. 
 (i) Optional and Mandatory
Prepayments. The Incremental Euro Tranche Facility shall be subject to optional and mandatory prepayment on the same terms as Revolving Credit Loans and Swing Line Loans pursuant to subsections 4.2(a) through (g) of the Credit
Agreement, except that (i) provisions applicable to the fronting of Alternative Currencies by the Alternative Currency Fronting Lender shall not apply, and (ii) the notice periods and Minimum Principal Amounts with respect to borrowings
set forth above shall apply with respect to prepayments of the Incremental Revolving Tranche Facilities. Without limitation of the foregoing, the Incremental Revolving Tranche Loans shall share in mandatory prepayments pursuant to subsection
4.2(b) of the Credit Agreement on a pro rata basis with Revolving Credit Loans. If the Administrative Agent notifies the Borrower at any time that the sum of the Outstanding Amount of all Incremental Revolving Tranche Loans under the Incremental
Euro Tranche Facility plus the Outstanding Amount of all Euro Tranche Swing Line Loans at such time exceeds an amount equal to 105% of the Commitments then in effect with respect to the Incremental Euro Tranche Facility, then, within five Business
Days after receipt of such notice, the Borrower shall prepay, or cause to be prepaid, Incremental Revolving Tranche Loans and Euro Tranche Swing Line Loans in an aggregate amount sufficient to reduce the aggregate Outstanding Amount of such Loans as
of such date of payment to an amount not to exceed 100% of the Commitments then effect with respect to the Incremental Euro Tranche Facility. 

(j) Commitment Fees. The Borrower shall pay to the Administrative Agent, for the account of each Incremental Revolving Tranche Lender,
subject to adjustment as provided in Section 1(l) below, a commitment fee for the period from and including the first day of the Incremental Revolving Tranche Commitment Period to the last day of the Incremental Revolving Tranche
Commitment Period, computed at the Commitment Fee Rate (as amended pursuant Section 2 below) on the average daily amount of the Available Incremental Revolving Tranche 

  
 12 

 
Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the first Business Day of each January, April, July and October and on the Termination Date
with respect to the Incremental Revolving Tranche Facilities or such earlier date as the Commitments thereunder shall terminate as provided herein or in the Credit Agreement, commencing on October 1, 2013. 

(k) General Provisions Applicable to Incremental Revolving Tranche Loans and Euro Tranche Swing Line Loans. For all purposes and
uses in Sections 4 of the Credit Agreement, all references to “the Borrower” shall be deemed to be a reference to “each Incremental Revolving Tranche Borrower” or “the applicable Incremental Revolving Tranche
Borrower,” as appropriate, mutatis mutandis, including, without limitation, for the purposes of payments and tax withholding in respect of each Incremental Revolving Tranche Facility and all Applicable Foreign Obligor Documents (as
defined in Section 2(f) below), but in all cases subject to the limitation in Section 1(o)(iii) below with respect to the several liability of each Incremental Revolving Tranche Borrower that is a Foreign Subsidiary.

 (l) Defaulting Lenders. Any provision applicable to the Revolving Credit Lenders, the Swing Line Lender or related
Fronting Exposure in respect of the Swing Line Sublimit in subsection 4.6(e) of the Credit Agreement shall be deemed to include, as applicable, references to the Incremental Euro Tranche Lenders, Euro Tranche Swing Line Lender and such
Defaulting Lender’s Applicable Percentage of Euro Tranche Swing Line Loans other than Euro Tranche Swing Line Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders in accordance with the
terms of such subsection 4.6(e) after application of this Section 1(l). 
 (m) Amendments and Waivers. Each
Lender’s Incremental Revolving Tranche Commitment shall be subject to increase or extension on the same terms as other Facilities of other classes pursuant to subsections 11.1(a)(ii) and (iii) of the Credit Agreement. Without
limitation of the foregoing, no waiver, amendment, supplement or modification shall (i) amend, modify or waive any provision of Section 1(i) hereof relating to the prepayment of Incremental Revolving Tranche Loans or
Section 1(e) relating to the reduction of the Incremental Revolving Tranche Commitments (in each case, including any relevant provision of the Credit Agreement incorporated therein by reference) without the consent of the Required
Incremental Revolving Tranche Lenders in respect of the applicable Incremental Revolving Tranche Facility; provided that no amendment, modification or waiver pursuant to this clause (m) that is approved by such Required
Incremental Revolving Tranche Lenders of a particular Facility shall disproportionately reduce the amount of any prepayment or commitment reduction of any other Incremental Revolving Tranche Lender under such Facility without the consent of such
Lender; or (ii) amend, modify or waive any provision of the Credit Agreement (including without limitation this Amendment) at a time when any Default or Event of Default has occurred and is continuing or when the conditions set forth in
subsections 6.2(a) or 6.2(d) of the Credit Agreement or, in the case of an Incremental Revolving Tranche Borrower other than the Borrower, the conditions of Section 1(o) to the designation of such Subsidiary as an
Incremental Revolving Tranche Borrower, cannot be satisfied, which amendment, waiver or modification would have the effect of eliminating any such Default, Event of Default or condition, in each case, for the purposes of determining whether the
conditions precedent set forth in subsection 6.2 of the Credit Agreement 

  
 13 

 
or Section 1(o) to the making of any Incremental Revolving Tranche Loan or Euro Tranche Swing Line Loan has been satisfied, without the written consent of the Required Incremental
Revolving Tranche Lenders in respect of the applicable Facility, and, in the case of Euro Tranche Swing Line Loans, the Euro Tranche Swing Line Lender. 

(n) Notes. Each Incremental Revolving Tranche Borrower agrees that, promptly upon the request to the Administrative Agent by any
Lender, in order to evidence such Lender’s Incremental Revolving Tranche Loans, such Incremental Revolving Tranche Borrower will execute and deliver to such Lender a promissory note in form and substance satisfactory to the Administrative Agent
and such Lender in respect of each applicable Incremental Revolving Tranche Facility, with appropriate insertions as to payee, date and principal amount, payable to such Lender and in a principal amount equal to the maximum principal amount of the
Incremental Revolving Tranche Loans that may be made from time to time by such Lender to such Incremental Revolving Tranche Borrower.  

(o) Incremental Revolving Tranche Borrowers.  

(i) Effective as of the Amendment Effective Date, (i) each of the Borrower, Graphic Packaging International Europe Holdings B.V., a
Netherlands private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid), and Graphic Packaging International Limited, a limited liability company with separate legal identity incorporated in England under the
Companies Act 2006, shall be permitted to borrow under the Incremental Euro Tranche Facility and (ii) each of the Borrower and Graphic Packaging International Japan Ltd., a Japanese stock corporation (kabushiki kaisha), shall be
permitted to borrow under the Incremental Yen Tranche Facility (collectively, the “Incremental Revolving Tranche Borrowers”). 

(ii) The Borrower may at any time, upon not less than 15 Business Days’ notice from the Borrower to the Administrative Agent (or such
shorter period as may be agreed by the Administrative Agent in its sole discretion), designate any additional Wholly Owned Subsidiary of the Borrower (an “Applicant Borrower”) as being permitted to borrow under one or both of the
Incremental Revolving Tranche Facilities by delivering to the Administrative Agent (which shall promptly deliver counterparts thereof to each applicable Incremental Revolving Tranche Lender) a duly executed notice and agreement in substantially the
form of Exhibit C attached hereto (an “Incremental Revolving Tranche Borrower Request and Assumption Agreement”). The parties hereto acknowledge and agree that prior to any Applicant Borrower becoming entitled to utilize an
Incremental Revolving Tranche Facility, (A) the Administrative Agent and each Incremental Revolving Tranche Lender under the applicable Facility shall have received all documentation and other information that such Person requests in order to
comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Act and such supporting resolutions, incumbency certificates, opinions of counsel and other documents
or information, in form, content and scope reasonably satisfactory to the Administrative Agent, as may be required by the Administrative Agent or such Lender in its sole discretion, and (B) each applicable Incremental Revolving Tranche Lender
shall have received additional promissory notes of the type described in Section 1(n) above, in each case signed by such new Incremental Revolving Tranche 

  
 14 

 
Borrowers to the extent requested by such Lender. If the Administrative Agent and the Incremental Revolving Tranche Lenders agree that an Applicant Borrower shall be entitled to receive
Incremental Revolving Tranche Loans under an Incremental Revolving Tranche Facility, then promptly following receipt of all such requested resolutions, incumbency certificates, opinions of counsel and other documents or information, the
Administrative Agent shall send a notice in substantially the form of Exhibit D (an “Incremental Revolving Tranche Borrower Notice”) to the Borrower and the applicable Incremental Revolving Tranche Lenders specifying the
effective date upon which the Applicant Borrower shall constitute a Incremental Revolving Tranche Borrower for purposes hereof, whereupon each of the applicable Incremental Revolving Tranche Lenders agrees to permit such Applicant Borrower to
receive Incremental Revolving Tranche Loans under the applicable Incremental Revolving Tranche Facility or Facilities on the terms and conditions set forth herein, and each of the parties agrees that such Applicant Borrower shall thereafter be an
Incremental Revolving Tranche Borrower for all purposes of this Amendment and the Credit Agreement; provided that no Incremental Revolving Tranche Loan Notice or Euro Tranche Swing Line Loan Notice may be submitted by or on behalf of such
Incremental Revolving Tranche Borrower until the date five Business Days after such effective date. 
 (iii) The Borrower Obligations of the
Borrower and each Incremental Revolving Tranche Borrower that is a Domestic Subsidiary shall be joint and several in nature. The Borrower Obligations of all Incremental Revolving Tranche Borrowers that are Foreign Subsidiaries shall be several in
nature. For the avoidance of doubt, (x) a Foreign Obligor is not liable for any Borrower Obligations under the Credit Agreement not directly incurred by such Foreign Obligor under the Incremental Revolving Tranche Facility to which such Foreign
Obligor is a party and (y) no Foreign Obligor is providing any collateral security for its Borrower Obligations under the Incremental Revolving Tranche to which such Foreign Obligor is a party or for any other Borrower Obligations under the
Credit Agreement and (z) no Foreign Obligor is a Guarantor of any Borrower Obligations under the Credit Agreement. 
 (iv) Each
Subsidiary of the Borrower that is or becomes an “Incremental Revolving Tranche Borrower” pursuant to this Section 1(o) hereby irrevocably appoints the Borrower as its agent for all purposes relevant to this Amendment and the
Credit Agreement and each of the other Loan Documents, including (x) the giving and receipt of notices, (y) the execution and delivery of all documents, instruments and certificates contemplated herein and all modifications hereto, and
(z) the receipt of the proceeds of any Incremental Revolving Tranche Loans made by the Incremental Revolving Tranche Lenders to any such Incremental Revolving Tranche Borrower hereunder. Any acknowledgment, consent, direction, certification or
other action which might otherwise be valid or effective only if given or taken by all Incremental Revolving Tranche Facility Borrowers, or by each Incremental Revolving Tranche Facility Borrower acting singly, shall be valid and effective if given
or taken only by the Borrower, whether or not any such other Borrower joins therein. Any notice, demand, consent, acknowledgement, direction, certification or other communication delivered to the Borrower in accordance with the terms of this
Agreement shall be deemed to have been delivered to each Incremental Revolving Tranche Borrower. Each Subsidiary of the Borrower that is or becomes an “Incremental Revolving Tranche Borrower” pursuant to this Section 1(o) also by its
execution of this Amendment or the Incremental Revolving Tranche Borrower Request and Assumption 

  
 15 

 
Agreement to which it is a party hereby or thereby confirms and agrees that, on and after the Amendment Effective Date or the effective date upon which such Subsidiary constitutes an Incremental
Revolving Tranche Borrower, it shall be and become a party to the Credit Agreement and shall be bound by the provisions thereof, as amended hereby and as further amended, restated or supplemented in accordance with subsection 11.1 thereof
and, without limitation of the foregoing, irrevocably and unconditionally (1) submits for itself and its property in any legal action or proceeding relating to this Amendment, the Credit Agreement and the other Loan Documents to which it is a
party, or for recognition and enforcement of any judgment in respect thereof, to (subject to clause (4) below) the exclusive general jurisdiction of the courts of the State of New York sitting in New York County, the courts of the United
States of America for the Southern District of New York, and appellate courts from any thereof; (2) consents that any such action or proceeding shall be brought in such courts and waives any objection that it may now or hereafter have to the
venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient forum and agrees not to plead or claim the same; (3) agrees that service of process in any such action or proceeding may
be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to it c/o the Borrower at the address specified in subsection 11.2 of the Credit Agreement or at such other
address of which the Administrative Agent shall have been notified pursuant thereto; (4) agrees that nothing herein shall affect the right to effect service of process in any other manner permitted by law or shall limit the right of the
Administrative Agent, any Lender or any other Secured Party to sue in any other jurisdiction; (5) waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in
this subsection any consequential or punitive damages; and (6) WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AMENDMENT, THE CREDIT AGREEMENT OR ANY NOTES OR OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN. 

(v) The Borrower may from time to time, upon not less than 15 Business Days’ notice from the Borrower to the Administrative Agent (or
such shorter period as may be agreed by the Administrative Agent in its sole discretion), terminate an Incremental Revolving Tranche Borrower’s status as such; provided that either (i) there are no outstanding Loans payable by such
Incremental Revolving Tranche Borrower, or other amounts payable by such Incremental Revolving Tranche Borrower on account of any Loans made to it, as of the effective date of such termination or (ii) another Person (which may include the
Borrower) satisfactory to the Administrative Agent and the applicable Required Incremental Revolving Tranche Lenders in their sole discretion assumes the obligations of such terminating Incremental Revolving Tranche Borrower pursuant to such loan
assumption documentation acceptable to the Administrative Agent. The Administrative Agent will promptly notify the Lenders of any such termination of an Incremental Revolving Tranche Borrower’s status. 

(p) Status of Incremental Revolving Tranche Lenders. Each Incremental Revolving Tranche Lender represents and warrants to the
Administrative Agent and each Incremental Revolving Tranche Borrower as follows: 
 (i) in the case of an Incremental Revolving
Tranche Lender under the Incremental Euro Tranche Facility, such Lender is either (A) a “bank” for the purposes of 

  
 16 

 
section 991 of the Income Tax Act 2007 of the United Kingdom and is within the charge to UK corporation tax as respects the payments or (B) entitled to exemption from withholding Tax under
the relevant double-taxation treaty and has received confirmation from HM Revenue & Customs that it is entitled to exemption from UK withholding Tax on payments to be received by it under the Incremental Euro Tranche Facility (or will
promptly apply for and obtain such confirmation) and such confirmation has not expired or been withdrawn, and 
 (ii) in the case of an
Incremental Revolving Tranche Lender under the Incremental Yen Tranche Facility, such Lender is either (A) a bank organized under the laws of Japan or a branch of such a Japanese bank or (B) a bank organized under the laws of the United
States or a state thereof and a “bank” as referred to in Article 11, Paragraph 3(c)(i) of the Convention between the Government of Japan and the Government of the United States of America for the Avoidance of Double Taxation and the
Prevention of Fiscal Evasion with respect to Taxes on Income. 
 2. Amendments to the Credit Agreement. Subject to the covenants,
terms and conditions set forth herein and in reliance upon the representations and warranties set forth herein, the Credit Agreement is amended as follows: 

(a) The following new definitions are inserted in subsection 1.1 of the Credit Agreement in the appropriate alphabetical positions
therein: 
 “2012 Incremental Term Loan”: as defined in Amendment No. 1. 

“2012 Incremental Term Loan Facility”: as defined in Amendment No. 1. 

“2013 Incremental Revolving Tranche Facilities”: the Incremental Euro Tranche Facility and Incremental Yen
Tranche Facility provided pursuant to Amendment No. 2, collectively. 
 “2013 Incremental Revolving Tranche
Loans”: the Incremental Revolving Tranche Loans provided pursuant to Amendment No. 2. 
 “Amendment
No. 1”: that certain Amendment No. 1 to Credit Agreement dated as of December 18, 2012, among the Borrower, Holding, GPC, the Subsidiaries of the Borrower party thereto, the Lenders party thereto and the Administrative Agent.

 “Amendment No. 2”: that certain Amendment No. 2 to Credit Agreement and Amendment No. 1 to
Guarantee and Collateral Agreement dated as of September 13, 2013, among the Borrower, Holding, GPC, the Subsidiaries of the Borrower party thereto as Incremental Revolving Tranche Borrowers and Subsidiary Guarantors, the Lenders party thereto
and the Administrative Agent. 
 “Anti-Social Conduct”: (a) a demand and conduct with force and arms;
(b) an unreasonable demand and conduct having no legal cause; (c) threatening or committing violent behavior relating to its business transactions; (d) an action to defame the reputation or interfere with the business of any Secured
Party by spreading rumor, using fraudulent means or resorting to force; or (e) other actions similar or analogous to any of the foregoing in any jurisdiction. 

  
 17 

 “Anti-Social Group”: (a) an organized crime group (as
defined in the Law relating to Prevention of Unjustifiable Acts by Gang Members of Japan (Law No. 77 of 1991, as amended)); (b) a member of an organized crime group; (c) a person who used to be a member of an organized crime group but
has only ceased to be a member of an organized crime group for a period of less than 5 years; (d) a quasi-member of an organized crime group (bouryokudan jun-kosei-in); (e) a related or associated company of an organized crime group;
(f) a corporate racketeer or blackmailer advocating social cause or a special intelligence organized crime group; or (g) a member of any other criminal force similar or analogous to any of the foregoing in any jurisdiction. 

“Anti-Social Relationship”: in relation to a Person, (a) an Anti-Social Group controls its management;
(b) an Anti-Social Group is substantively involved in its management; (c) it has entered into arrangements with an Anti-Social Group for the purpose of, or which have the effect of, unfairly benefiting itself or a third party or
prejudicing a third party; (d) it is involved in the provision of funds or other benefits to an Anti-Social Group; or (e) any of its directors or any other person who is substantively involved in its management has a socially objectionable
relationship with an Anti-Social Group. 
 “Commodity Exchange Act”: the Commodity Exchange Act (7 U.S.C.
§ 1 et seq.), as amended from time to time, and any successor statute. 
 “Excluded Swap
Obligation”: with respect to any Subsidiary Guarantor, any Swap Obligation if, and to the extent that, all or a portion of the Guarantee Obligation of such Subsidiary Guarantor with respect to, or the grant by such Subsidiary Guarantor of a
Lien to secure, such Swap Obligation (or any Guarantee Obligation with respect thereto) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or
official interpretation thereof) by virtue of such Subsidiary Guarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act (determined after giving effect to subsection
9.17 of the Guarantee and Collateral Agreement and any other “keepwell, support or other agreement” for the benefit of such Subsidiary Guarantor and any and all guarantees of such Subsidiary Guarantor’s Swap Obligations by other Loan
Parties) at the time the Guarantee Obligation of such Subsidiary Guarantor, or a grant by such Subsidiary Guarantor of a Lien, becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a master agreement governing
more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such Guarantee Obligation or security interest is or becomes excluded in accordance with the first sentence of this
definition. 
 “Foreign Obligor”: a Loan Party that is a Foreign Subsidiary. 

  
 18 

 “Incremental Revolving Tranche Borrower”: as defined in
Section 1(c) of Amendment No. 2. 
 “Incremental Revolving Tranche Borrower Request and Assumption
Agreement”: as defined in Section 1(o) of Amendment No. 2. 
 “LIBOR Quoted
Currency”: each of the following currencies: Dollars, Euro, Sterling, Swiss Franc, and Yen, in each case as long as there is a published LIBOR rate with respect thereto. 

“Non-LIBOR Quoted Currency”: any currency other than a LIBOR Quoted Currency. 

“Rate Determination Date”: two Business Days prior to the commencement of such Interest Period (or such other
day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided, that to the extent such market practice is not administratively feasible for the Administrative
Agent, such other day as is reasonably determined by the Administrative Agent). 
 “Swap Obligation”: with
respect to any Subsidiary Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act. 

“Swiss Franc”: the lawful currency of Switzerland. 

  
 19 

 (b) The existing definitions of “Borrower Obligations,” “Eurocurrency
Rate,” “Guarantor Obligations,” “Loan Documents,” “Pricing Grid,” “Sanctions” and “Termination Date” in subsection 1.1 of the Credit Agreement are
deleted in their entirety and the following definitions are inserted in lieu thereof: 
 “Borrower
Obligations”: the collective reference to all obligations and liabilities of the Borrower and the other Loan Parties (including, without limitation, any Subsidiary that is now or hereafter a borrower under any Incremental Facility) in
respect of the unpaid principal of and interest on (including, without limitation, interest accruing after the maturity of the Loans and Unreimbursed Obligations and interest accruing after the filing of any petition in bankruptcy, or the
commencement of any insolvency, reorganization or like proceeding, relating to the Borrower or any other Loan Party, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) the Loans, the Unreimbursed Amounts
and all other obligations and liabilities of the Borrower and the other Loan Parties to the Secured Parties (other than the PBGC), whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which
may arise under, out of, or in connection with, this Agreement, the Loans, any Letter of Credit, any Bankers’ Acceptance, the other Loan Documents, any Secured Hedge Agreement, any Secured Cash Management Agreement, or any other document made,
delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, amounts payable in connection with any Secured Cash Management Agreement, or a termination of any transaction entered into
pursuant to a Secured Hedge Agreement, fees, indemnities, costs, expenses or otherwise (including, without limitation, all reasonable fees and disbursements of counsel to the Administrative Agent or any other Secured Party that are required to be
paid by any Loan Party pursuant to the terms of this Agreement or any other Loan Document). 
 “Eurocurrency
Rate”: a rate per annum determined by the Administrative Agent pursuant to the following formula: 
  

					
	Eurocurrency Rate =	  	 Eurocurrency Base Rate
	  	
	  	 1.00 – Eurocurrency Reserve

Percentage
	  	

 Where, 

“Eurocurrency Base Rate” means: 

(a) for any Interest Period with respect to a Eurocurrency Loan, 

(i) in the case of a Eurocurrency Loan denominated in a LIBOR Quoted Currency, the rate per annum equal to the London
Interbank Offered Rate (“LIBOR”) or a comparable or successor rate approved by the Administrative Agent, as published on the applicable Reuters screen page (or such other commercially available source providing such quotations as
may be designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for deposits in the relevant currency (for delivery on the first day of
such Interest Period) with a term equivalent to such Interest Period; 

  
 20 

 (ii) denominated in Canadian dollars, the rate per annum equal to the Canadian
Dealer Offered Rate (“CDOR”) or a comparable or successor rate which rate is approved by the Administrative Agent, as published on the applicable Reuters screen page (or such other commercially available source providing such
quotations as may be designated by the Administrative Agent from time to time) at or about 10:00 a.m. (Toronto, Ontario time) on the Rate Determination Date with a term equivalent to such Interest Period; and 

(iii) in the case of any other Eurocurrency Loan denominated in a Non-LIBOR Quoted Currency, the rate per annum as designated
with respect to such currency at the time such currency was approved by the Administrative Agent and the Lenders pursuant to subsection 1.4 or, if such rate is unavailable on any date of determination for any reason, a comparable or successor
rate approved by the Administrative Agent; and 
 (b) for any interest calculation with respect to a Base Rate Loan on any
date, the rate per annum equal to LIBOR or a comparable or successor rate approved by the Administrative Agent, as published on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be
designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time determined two Business Days prior to such date for Dollar deposits being delivered in the London interbank market for a term of one month commencing
that day; 
 provided that to the extent a comparable or successor rate is approved by the Administrative Agent in connection with any
rate set forth in this definition, the approved rate shall be applied to the applicable Interest Period in a manner consistent with market practice; provided, further, that to the extent such market practice is not administratively
feasible for the Administrative Agent, such approved rate shall be applied in a manner as otherwise reasonably determined by the Administrative Agent. The Administrative Agent does not warrant, nor accept responsibility, nor shall it have any
liability with respect to the administration, submission or any other matter related to LIBOR or any comparable or successor rate referenced in this definition above. 

“Guarantor Obligations”: with respect to any Guarantor, the collective reference to (i) the Obligations
guaranteed by such Guarantor pursuant to Section 2 of the Guarantee and Collateral Agreement and (ii) all obligations and liabilities of such Guarantor that may arise under or in connection with the Guarantee and Collateral
Agreement, any other Loan Document, any Secured Hedge Agreement or any Secured Cash Management Agreement to which such Guarantor is a party, in each case whether on account of guarantee obligations, reimbursement obligations, fees, indemnities,
costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by such Guarantor pursuant to the terms of the Guarantee and Collateral
Agreement or any other Loan Document); provided that the “Guarantor Obligations” of a Subsidiary Guarantor shall exclude any Excluded Swap Obligations with respect to such Subsidiary Guarantor. 

  
 21 

 “Loan Documents”: this Agreement, each Incremental Revolving
Tranche Borrower Request and Assumption Agreement, any Notes, the Letter of Credit Applications, the Guarantee and Collateral Agreement, any Incremental Facility Amendment, any other Security Documents and any agreement creating or perfecting rights
in Cash Collateral, each as amended, supplemented, waived or otherwise modified from time to time. 
 “Pricing
Grid”: with respect to Term A Loans, 2012 Incremental Term Loans, Revolving Credit Loans, the 2013 Incremental Revolving Tranche Loans, Letters of Credit and Commitment Fee Rate: 

 

													
	 Consolidated Total Leverage Ratio
	  	Applicable Margin
for Base Rate
Loans	 	 	Applicable Margin for
Eurocurrency Loans
and Letters of Credit	 	 	Commitment Fee
Rate	 
	 Greater than or equal to 4.25 to 1.00
	  	 	1.50	% 	 	 	2.50	% 	 	 	0.45	% 
	 Greater than or equal to 3.75 to 1.00, but less than 4.25 to 1.00
	  	 	1.25	% 	 	 	2.25	% 	 	 	0.40	% 
	 Greater than or equal to 3.25 to 1.00, but less than 3.75 to 1.00
	  	 	1.00	% 	 	 	2.00	% 	 	 	0.35	% 
	 Greater than or equal to 2.75 to 1.00, but less than 3.25 to 1.00
	  	 	0.75	% 	 	 	1.75	% 	 	 	0.30	% 
	 Less than 2.75 to 1.00
	  	 	0.50	% 	 	 	1.50	% 	 	 	0.25	% 

 Subject to subsection 4.4(c), each determination of the Consolidated Total Leverage
Ratio pursuant to the Pricing Grid shall be made in a manner consistent with the determination thereof made on the certificate delivered pursuant to subsection 7.2(a). 

“Sanction(s)”: any international economic sanction administered or enforced by the United States Government
(including without limitation, OFAC), the United Nations Security Council, the European Union, Her Majesty’s Treasury or other relevant sanctions authority. 

“Termination Date”: (a) with respect to the Revolving Credit Facility and each of the 2013 Incremental
Revolving Tranche Facilities, September 13, 2018, (b) with respect to the Term A Facility and the 2012 Incremental Term Loan Facility, September 13, 

  
 22 

 
2018, and (c) with respect to any other Incremental Term Facility or Incremental Revolving Tranche Facility, the final maturity specified in the applicable Incremental Facility Amendment;
provided, however, that, in each case, if such date is not a Business Day, the Termination Date shall be the next preceding Business Day. 

(c) The existing definition of “Mandatory Cost” in subsection 1.1 of the Credit Agreement and each reference in the Credit
Agreement thereto (including without limitation Schedule D to the Credit Agreement) are deleted in their entirety, mutatis mutandis. 

(d) The existing amortization grid set forth in subsection 2.5(a) of the Credit Agreement is deleted in its entirety and the following is
inserted in lieu thereof: 
  

					
	 Date
	  	Amount	 
		
	 October 1, 2013
	  	$	11,718,750	  
	 January 1, 2014
	  	$	11,718,750	  
	 April 1, 2014
	  	$	11,718,750	  
	 July 1, 2014
	  	$	11,718,750	  
	 October 1, 2014
	  	$	11,718,750	  
	 January 1, 2015
	  	$	11,718,750	  
	 April 1, 2015
	  	$	11,718,750	  
	 July 1, 2015
	  	$	11,718,750	  
	 October 1, 2015
	  	$	17,578,125	  
	 January 1, 2016
	  	$	17,578,125	  
	 April 1, 2016
	  	$	17,578,125	  
	 July 1, 2016
	  	$	17,578,125	  
	 October 1, 2016
	  	$	23,437,500	  
	 January 1, 2017
	  	$	23,437,500	  
	 April 1, 2017
	  	$	23,437,500	  
	 July 1, 2017
	  	$	23,437,500	  
	 October 1, 2017
	  	$	23,437,500	  
	 January 1, 2018
	  	$	23,437,500	  
	 April 1, 2018
	  	$	23,437,500	  
	 July 1, 2018
	  	$	23,437,500	  
	 Termination Date
	  	 	Balance	  

  
 23 

 (e) The existing amortization grid set forth in subsection 2(g) of Amendment No. 1 is
deleted in its entirety and the following is inserted in lieu thereof: 
  

					
	 Date
	  	Amount	 
		
	 October 1, 2013
	  	$	3,656,250	  
	 January 1, 2014
	  	$	3,656,250	  
	 April 1, 2014
	  	$	3,656,250	  
	 July 1, 2014
	  	$	3,656,250	  
	 October 1, 2014
	  	$	3,656,250	  
	 January 1, 2015
	  	$	3,656,250	  
	 April 1, 2015
	  	$	3,656,250	  
	 July 1, 2015
	  	$	3,656,250	  
	 October 1, 2015
	  	$	5,484,375	  
	 January 1, 2016
	  	$	5,484,375	  
	 April 1, 2016
	  	$	5,484,375	  
	 July 1, 2016
	  	$	5,484,375	  
	 October 1, 2016
	  	$	7,312,500	  
	 January 1, 2017
	  	$	7,312,500	  
	 April 1, 2017
	  	$	7,312,500	  
	 July 1, 2017
	  	$	7,312,500	  
	 October 1, 2017
	  	$	7,312,500	  
	 January 1, 2018
	  	$	7,312,500	  
	 April 1, 2018
	  	$	7,312,500	  
	 July 1, 2018
	  	$	7,312,500	  
	 Termination Date
	  	 	Balance	  

 (f) The existing Section 5 to the Credit Agreement is amended by (i) inserting “except
as otherwise provided in subsection 5.21,” in the first paragraph thereof after “any Request for Credit Extension thereafter,” and before “the Borrower hereby” and (ii) inserting the following new
subsection 5.21 in the appropriate numerical position therein: 
 5.21 Representations as to Foreign Obligors.
Each of the Borrower and each Foreign Obligor represents and warrants to the Administrative Agent and the Lenders that: 

(a) Such Foreign Obligor is subject to civil and commercial Laws with respect to its obligations under this Agreement and the
other Loan Documents to which it is a party (collectively as to such Foreign Obligor, the “Applicable Foreign Obligor Documents”), and the execution, delivery and performance by such Foreign Obligor of the Applicable Foreign Obligor
Documents constitute and will constitute private and commercial acts and not public or governmental acts. Neither such Foreign Obligor nor any of its property has any immunity from jurisdiction of any court or from any legal process (whether through
service or notice, attachment prior to judgment, attachment in aid of execution, execution or otherwise) under the laws of the jurisdiction in which such Foreign Obligor is organized and existing in respect of its obligations under the Applicable
Foreign Obligor Documents. 
 (b) The Applicable Foreign Obligor Documents are in proper legal form under the Laws of the
jurisdiction in which such Foreign Obligor is organized and existing for the enforcement thereof against such Foreign Obligor under the Laws of such jurisdiction, and to ensure the legality, validity, enforceability, priority or admissibility in
evidence of the Applicable Foreign Obligor Documents. It is not necessary to ensure the legality, validity, enforceability, priority or admissibility in evidence of the Applicable Foreign 

  
 24 

 
Obligor Documents that the Applicable Foreign Obligor Documents be filed, registered or recorded with, or executed or notarized before, any court or other authority in the jurisdiction in which
such Foreign Obligor is organized and existing or that any registration charge or stamp or similar tax be paid on or in respect of the Applicable Foreign Obligor Documents or any other document, except for (i) any such filing, registration,
recording, execution or notarization as has been made or is not required to be made until the Applicable Foreign Obligor Document or any other document is sought to be enforced and (ii) any charge or tax as has been timely paid. 

(c) There is no tax, levy, impost, duty, fee, assessment or other governmental charge, or any deduction or withholding, imposed
by any Governmental Authority in or of the jurisdiction in which such Foreign Obligor is organized and existing either (i) on or by virtue of the execution or delivery of the Applicable Foreign Obligor Documents or (ii) on any payment to
be made by such Foreign Obligor pursuant to the Applicable Foreign Obligor Documents, except for Excluded Taxes (as defined in subsection 4.9(b) of this Agreement) and except as has been disclosed to the Administrative Agent, in each case so
long as (x) each Lender that is entitled to an exemption from or reduction of withholding Tax with respect of payments made to it under any Applicable Foreign Obligor Document from the applicable Incremental Revolving Tranche Borrower complies
with the requirements of subsection 4.9(f) of the Credit Agreement, (y) in the case of each Lender under the Incremental Euro Tranche Facility, such Lender is either (A) a “bank” for the purposes of section 991 of the
Income Tax Act 2007 of the United Kingdom and is within the charge to UK corporation tax as respects the payments or (B) entitled to exemption from withholding Tax under the relevant double-taxation treaty and has received confirmation from HM
Revenue & Customs that it is entitled to exemption from UK withholding Tax on payments to be received by it under the Incremental Euro Tranche Facility and such confirmation has not expired or been withdrawn, and (z) in the case of
each Lender under the Incremental Yen Tranche Facility, such Lender is either (A) a bank organized under the laws of Japan or a branch of such a Japanese bank or (B) a bank organized under the laws of the United States or a state thereof
and a “bank” as referred to in Article 11, Paragraph 3(c)(i) of the Convention between the Government of Japan and the Government of the United States of America for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion
with respect to Taxes on Income. 
 (d) The execution, delivery and performance of the Applicable Foreign Obligor Documents
executed by such Foreign Obligor are, under applicable foreign exchange control regulations of the jurisdiction in which such Foreign Obligor is organized and existing, not subject to any notification or authorization except (i) such as have
been made or obtained or (ii) such as cannot be made or obtained until a later date (provided that any notification or authorization described in clause (ii) shall be made or obtained as soon as is reasonably practicable). 

  
 25 

 (e) In the case of each Incremental Revolving Tranche Borrower permitted to
borrow under the Incremental Yen Tranche Facility provided pursuant to Amendment No. 2, such Person (i) either (A) had paid-in-capital (shihon kin) greater than ¥300,000,000 as of the effective date of such amendment or
(B) had a net worth greater than ¥1,000,000,000 as of the last day of the most recently ended fiscal year of such Incremental Revolving Tranche Borrower, (ii) is not classified as an Anti-Social Group, (iii) does not have any
Anti-Social Relationship and (iv) has not engaged in Anti-Social Conduct, whether directly or indirectly through a third party. 
 (g)
The existing subsection 7.10 of the Credit Agreement is deleted in its entirety and the following is inserted in lieu thereof: 

7.10 Approvals and Authorizations. Maintain all authorizations, consents, approvals and licenses from, exemptions of,
and filings and registrations with, each Governmental Authority of the jurisdiction in which each Foreign Obligor is organized and existing, and all approvals and consents of each other Person in such jurisdiction, in each case that are required in
connection with the Loan Documents except to the extent the failure to maintain such authorizations, consents, approvals and licenses would not have a Material Adverse Effect and would not be reasonably be expected to impair the joint and several
liability of the Borrower with respect to the obligations of such Foreign Obligor under the Loan Documents. 
 (h) The third parenthetical
in clause (f)(i) of subsection 8.8 of the Credit Agreement is deleted in its entirety and the following is inserted in lieu thereof: 

(subject, in the case of any Investments by the Borrower or any Guarantor in a Subsidiary that is not the Borrower or a Guarantor, to the
limitations set forth in subsection 8.6(f)) 

  
 26 

 (i) The existing Section 8 to the Credit Agreement is amended by inserting the
following new subsection 8.18 in the appropriate numerical position therein: 
 8.18 Anti-Social Group. In the
case of each Incremental Revolving Tranche Borrower permitted to borrow under the Incremental Yen Tranche Facility provided pursuant to Amendment No. 2, (a) become a member of an Anti-Social Group, (b) have any Anti-Social
Relationship or (c) engage in any Anti-Social Conduct, whether directly or indirectly through a third party; it being understood and agreed that the Borrower shall, or shall cause any applicable Incremental Revolving Tranche Borrower under such
Facility to promptly provide to the Administrative Agent such documents or information pertaining to such Person and within the possession of the Borrower or any of its Subsidiaries (including, without limitation, registered or principal office,
residential address, formal name and birth date) as the Administrative Agent shall reasonably request for the purposes of screening to identify Anti-Social Conduct, Anti-Social Groups or other matters by the Administrative Agent. 

(j) Clause (a) of Section 9 of the Credit Agreement is deleted in its entirety and the following is inserted in lieu thereof: 

(a) (i) The Borrower or any other Incremental Revolving Tranche Borrower shall fail to pay any principal of any Loan or any
Unreimbursed Amount when due in accordance with the terms hereof (whether at stated maturity, by mandatory prepayment or otherwise); (ii) the Borrower or any other Incremental Revolving Tranche Borrower (other than a Foreign Obligor) shall fail
to pay any interest on any Loan or any other amount payable hereunder (other than any amount payable with respect to obligations incurred by a Foreign Obligor under any Incremental Revolving Tranche Facility) within five days after any such interest
or other amount becomes due in accordance with the terms hereof; or (iii) the Borrower or any other Incremental Revolving Tranche Borrower shall fail to pay any interest or any other amount payable with respect to obligations incurred by a
Foreign Obligor under any Incremental Revolving Tranche Facility within ten days after any such interest or other amount becomes due in accordance with the terms hereof; or 

(k) The existing Section 9 of the Credit Agreement is amended by inserting the following proviso at the end of the fourth
paragraph of such Section: 
 ; provided that Excluded Swap Obligations with respect to any Guarantor shall not be paid with amounts
received from such Guarantor or its assets, but appropriate adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation to Obligations otherwise set forth in Section 6.5 of the Guarantee and Collateral
Agreement. 
 (l) The existing subsection 11.1(a)(vi) of the Credit Agreement is deleted in its entirety and the following is
inserted in lieu thereof: 
 (vi) release the Borrower from its Guarantee Obligations under the Guarantee and Collateral
Agreement without the written consent of each Lender with Commitments or Obligations outstanding under each Facility subject to such release, release all or substantially all of the value of the Guarantee Obligations under the Guarantee and

  
 27 

 
Collateral Agreement without the written consent of each Lender; or, in the aggregate (in a single transaction or a series), release all or substantially all of the Collateral without the written
consent of each Lender, except as expressly permitted hereby or by any Security Document; 
 (m) The existing Schedule A to the
Credit Agreement is deleted in its entirety and Schedule A attached hereto is inserted in lieu thereof. 
 The amendments to the Credit Agreement are
limited to the extent specifically set forth above and, except as provided in Sections 1 and 2, no other terms, covenants or provisions of the Credit Agreement are intended to be affected hereby. 

3. Amendments to Guarantee and Collateral Agreement. Subject to the covenants, terms and conditions set forth herein and in reliance
upon the representations and warranties set forth herein, the Guarantee and Collateral Agreement is amended as follows: 
 (a) The existing
definition of “Guarantor” in subsection 1.1 of the Guarantee and Collateral Agreement is deleted in its entirety and the following definition is inserted in lieu thereof. 

“Guarantor”: each Granting Party, including, as to any Borrower Obligations of the other Loan Parties, the Borrower. 

(b) The existing subsection 2.1(a) of the Guarantee and Collateral Agreement is deleted in its entirety and the following is inserted
in lieu thereof: 
 (a) Each of the Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantees to
the Administrative Agent, for the ratable benefit of the Relevant Secured Parties, the prompt and complete payment and performance by the Borrower and each of the other Loan Parties when due and payable (whether at the stated maturity, by
acceleration or otherwise) of the Borrower Obligations; provided that the obligations of a Subsidiary Guarantor under this subsection 2.1(a) shall exclude any Excluded Swap Obligations with respect to such Subsidiary Guarantor. 

(c) The existing Section 9 to the Guarantee and Collateral Agreement is amended by inserting the following new subsection
9.17 in the appropriate numerical position therein: 
 9.17 Keepwell. Each Guarantor hereby jointly and severally,
absolutely, unconditionally and irrevocably undertakes to provide such funds or other support to each Subsidiary Guarantor as may be needed by such Subsidiary Guarantor from time to time to honor all of its obligations under this Agreement and the
other Loan Documents to which it is a party in respect of Swap Obligations that would, in absence of the agreement in this subsection 9.17, otherwise constitute Excluded Swap Obligations (but, in each case, only up to the maximum amount of
such liability that can be hereby incurred without rendering such Guarantor’s obligations and undertakings under this subsection 9.17 voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any
greater amount). The obligations and undertakings of each 

  
 28 

 
Guarantor under this subsection 9.17 shall remain in full force and effect until the Obligations have been indefeasibly paid and performed in full. Each Guarantor intends this
subsection 9.17 to constitute, and this subsection 9.17 shall be deemed to constitute, a guarantee of the obligations of, and a “keepwell, support, or other agreement” for the benefit of, each Subsidiary Guarantor for all
purposes of the Commodity Exchange Act. 
 The amendments to the Guarantee and Collateral Agreement are limited to the extent specifically
set forth above and, except as provided in this Section 3, no other terms, covenants or provisions of the Guarantee and Collateral Agreement are intended to be affected hereby. 

4. Joining Lender Acknowledgements. By its execution of this Amendment, each Joining Lender hereby confirms and agrees that, on and
after the Amendment Effective Date, it shall be and become a party to the Credit Agreement as a Lender, and shall have all of the rights and be obligated to perform all of the obligations of a Lender thereunder with the Commitment applicable to such
Lender identified on Schedule 1 attached hereto in addition to any commitment applicable thereto immediately prior to the effectiveness hereof. Each Joining Lender further (a) represents and warrants that (i) it has full power and
authority, and has taken all action necessary, to execute and deliver this Amendment and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it is sophisticated with respect to decisions to
acquire assets of the type presented by its Commitment and either it, or the Person exercising discretion in making its decision to acquire such asset, is experienced in acquiring assets of such type, (iii) it has received a copy of the Credit
Agreement and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to subsection 7.1 thereof, as applicable, and such other documents and information as it deems
appropriate to make its own credit analysis and decision to enter into this Amendment and to acquire such asset, (iv) it has independently and without reliance upon the Administrative Agent or any other Lender, or any of their Related Parties
and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and its own
decision to enter into this Amendment and to purchase such asset, (v) it is a bank, savings and loan association or other similar savings institution, insurance company, investment fund or company or other financial institution which makes or
acquires commercial loans in the ordinary course of its activities, that it will participate under the Credit Agreement as a Lender for such commercial purposes, and that it has the knowledge and experience to be and is capable of evaluating the
merits and risks of being a Lender thereunder and (vi) if it is a Foreign Lender, any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, has been duly completed and executed by such Lender and delivered
to the Administrative Agent, and (b) agrees that (i) it will, independently and without reliance upon the Administrative Agent, or any other Lender, or any of their Related Parties and based on such documents and information as it shall
from time to time deem appropriate, continue to make its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and its own decisions in taking or not taking
action under or based upon the Credit Agreement, any other Loan Document or any related agreement or any document furnished thereunder, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the
Loan Documents are required to be performed by it as a Lender. On and after Amendment Effective Date, all references to the “Lenders” in the Credit Agreement shall be deemed to include the Joining Lenders. 

  
 29 

 5. Effectiveness of Amendment and Commitments. This Amendment and the Commitments herein
provided shall become effective upon the receipt by the Administrative Agent of each of the following (the date all of such items have been received, the “Amendment Effective Date”): 

(a) Documents. The Administrative Agent shall have received (i) counterparts of this Amendment, duly executed by the Borrower,
each Incremental Revolving Tranche Borrower, the Administrative Agent, each Guarantor and each Lender (including each Incremental Revolving Tranche Lender); (ii) each applicable Incremental Revolving Tranche Lender shall have received
additional promissory notes of the type described in Section 1(n) above, in each case signed by each Incremental Revolving Tranche Borrowers to the extent requested by such Lender; (iii) the executed legal opinion of
Alston & Bird LLP, special New York counsel to each of Holding, GPC, the Borrower and certain other Loan Parties; (iv) the executed legal opinion of Stephen A. Hellrung, counsel to each of Holding, the Borrower and certain other Loan
Parties; (v) the executed legal opinion of Bird & Bird LLP, special Netherlands counsel to Graphic Packaging International Europe Holdings B.V. in its capacity as an Incremental Revolving Tranche Borrower; (vi) the executed legal
opinion of Anderson Mōri & Tomotsune, special Japanese counsel to Graphic Packaging International Japan Ltd. in its capacity as an Incremental Revolving Tranche Borrower; and (vii) a certificate, dated the Amendment Effective Date
and signed by a Responsible Officer of the Borrower, confirming compliance with the conditions set forth in paragraphs subsections 6.2(a) and (b) of the Credit Agreement, it being understood that all references to “the date
of such Borrowing” in such Subsection 6.2 shall be deemed to refer to the Amendment Effective Date. 
 (b) Incremental
Revolving Tranche Borrower Documents. The Administrative Agent and each Incremental Revolving Tranche Lender shall have received all documentation and other information that such Person requests in order to comply with its ongoing obligations
under applicable “know your customer” and anti-money laundering rules and regulations, including the Act and such supporting resolutions, incumbency certificates, opinions of counsel and other documents or information, in form, content and
scope reasonably satisfactory to the Administrative Agent, as may be required by the Administrative Agent or such Lender in its sole discretion. 

(c) Flood Insurance. With respect to any of the Mortgaged Properties having one or more Buildings located in an area identified by the
Director of FEMA as having special flood hazards, if the Administrative Agent shall have delivered notice(s) to the relevant Loan Party as required pursuant to Section 208.25(i) of Regulation H of the Board, such Loan Party shall have delivered
(i) an acknowledgment to the Administrative Agent as to the existence of a special flood hazard and, if applicable, the unavailability of flood hazard insurance under the National Flood Insurance Program and (ii) evidence of applicable
flood insurance, if available, in each case, in such form, on such terms and in such amounts as required by The National Flood Insurance Reform Act of 1994 or as otherwise reasonably required by the Administrative Agent. 

  
 30 

 (d) Corporate Proceedings of the Borrower. The Administrative Agent shall have received a
copy of the resolutions, in form and substance reasonably satisfactory to the Administrative Agent, of the board of directors or comparable body of the Borrower authorizing (i) the execution, delivery and performance of this Amendment, the
Revolving Credit Notes and the other Loan Documents to be executed by the Borrower in connection with this Amendment, and (ii) the use of the Credit Extensions, if any, to the Borrower to occur on the Amendment Effective Date, in each case
certified by the Secretary or an Assistant Secretary (or other individual providing similar duties) of the Borrower as of the Amendment Effective Date, which certificate shall be in form and substance reasonably satisfactory to the Administrative
Agent and shall state that the resolutions thereby certified have not been amended, modified (except as any later such resolution may modify any earlier such resolution), revoked or rescinded and are in full force and effect. 

(e) Governing Documents. The Administrative Agent shall have received copies of the certificate or articles of incorporation and
by-laws of the Borrower, certified as of the Amendment Effective Date as complete and correct copies thereof by the Secretary or an Assistant Secretary (or other individual providing similar duties) of the Borrower certifying as to the absence of
any amendment or change to such governing documents since the Closing Date. 
 (f) Federal Regulations. To the extent requested by
the Administrative Agent or any Lender, the Borrower will furnish to the Administrative Agent or the Lender requesting same, a duly completed FR Form G-3 or FR Form U-1, referred to in Regulation U of the Board, together with such other evidence or
information that the Administrative Agent or any Lender may reasonably require in order to ensure that no part of the proceeds of any Credit Extensions will be used for any purpose which violates the provisions of the Regulations of the Board,
including without limitation Regulation T, Regulation U or Regulation X. 
 (g) Representations and Warranties. The representations
and warranties set forth in Section 7 shall be true and correct as of such date. 
 (h) Fees and Expenses. All of the
fees and expenses payable on the Amendment Effective Date shall have been paid in full (without prejudice to final settling of accounts for such fees and expenses). 

  
 31 

 6. Ratification and Confirmation of Loan Documents; Borrower’s Acknowledgement of
Guarantee Obligation. Each of the Borrower, GPC, Holding and the Subsidiary Guarantors hereby consents to, acknowledges and agrees to the amendments, agreements and acknowledgements set forth herein and hereby confirms and ratifies in all
respects the Loan Documents to which such Person is a party (including without limitation the continuation of such Person’s payment and performance obligations thereunder and, in the case of the Borrower and the Subsidiary Guarantors, the
continuation and extension of the liens and security interests granted thereunder, in each case upon and after the effectiveness of this Amendment and the amendments, agreements and acknowledgements contemplated hereby, including without limitation
the expansion of the obligations for which such Person provides a guarantee and collateral security) and the enforceability of each such Loan Document against such Person in accordance with its terms. As a result of the amendments to the Guarantee
and Collateral Agreement set forth in Section 3 above, the Borrower hereby acknowledges and agrees that, by its signature below, from and after the date hereof it will be a Guarantor under the Guarantee and Collateral Agreement and bound
by all the terms, conditions, obligations, liabilities and undertakings of each Guarantor or to which each Guarantor is subject thereunder, including without limitation the joint and several, unconditional, absolute, continuing and irrevocable
guarantee to the Administrative Agent, for the ratable benefit of the Relevant Secured Parties (as defined in the Guarantee and Collateral Agreement), of the prompt and complete payment and performance by the other Incremental Revolving Tranche
Borrowers and each of the other Loan Parties when due and payable (whether at the stated maturity, by acceleration or otherwise) of their respective Borrower Obligations (as defined in Section 2(b) above), all with the same force and
effect as if the Borrower were a signatory to the Guarantee and Collateral Agreement as a “Guarantor”. 
 7. Representations
and Warranties. In order to induce the Administrative Agent and the Lenders to enter into this Amendment, each Loan Party (including without limitation each Incremental Revolving Tranche Borrower) represents and warrants to the Administrative
Agent and the Lenders as follows: 
 (a) The representations and warranties made by each Loan Party in subsection 5 of the Credit
Agreement (including as modified in Section 2(f)) and in each of the other Loan Documents to which such Loan Party is a party or which are contained in any certificate furnished by or on behalf of such Loan Party pursuant to any of the
Loan Documents to which it is a party are true and correct in all material respects on and as of the date hereof, in each case with the same effect as if made on the date hereof, except for representations and warranties expressly stated to relate
to an earlier date in which case such representations and warranties are true and correct in all material respects as of such earlier date; 

(b) The Persons appearing as Subsidiary Guarantors on the signature pages to this Amendment constitute all Persons who are required to be
Subsidiary Guarantors pursuant to the terms of the Credit Agreement and the other Loan Documents, including without limitation all Persons who became Subsidiaries or were otherwise required to become Subsidiary Guarantors after the Closing Date, and
each of such Persons has become and remains a party to the Guarantee and Collateral Agreement as a “Guarantor”; 

  
 32 

 (c) This Amendment has been duly authorized, executed and delivered by Holding, GPC, the
Borrower, the other Incremental Revolving Tranche Borrowers party hereto and the Subsidiary Guarantors party hereto and constitutes a legal, valid and binding obligation of such parties, except as may be limited by general principles of equity or by
the effect of any applicable bankruptcy, insolvency, reorganization, moratorium or similar law affecting creditors’ rights generally; 

(d) No Default or Event of Default has occurred and is continuing; 

(e) The Consolidated Senior Secured Leverage Ratio is less than or equal to 2.75 to 1.00 after giving pro forma effect to any drawings under
the Incremental Revolving Tranche Facilities on the effective date hereof; and 
 (f) Holding is in Pro Forma Compliance; provided
that, for purposes of clauses (e) and (f), the Consolidated Senior Secured Leverage Ratio and the Financial Covenants shall be calculated as if the Incremental Revolving Tranche Facilities were fully drawn but using only the
actual Total Revolving Credit Outstandings (and not the amount of the Revolving Credit Commitment) under the Revolving Credit Facility in effect immediately prior to the Amendment Effective Date. 

8. Consent of Lenders. Each of the Borrower, the Administrative Agent, the Swing Line Lender, the L/C Issuer and the Alternative
Currency Funding Fronting Lender hereby consents, acknowledges and agrees that each Incremental Revolving Tranche Lender providing a portion of the Incremental Revolving Tranche Commitments is satisfactory to it. 

9. Entire Agreement. This Amendment, together with all the Loan Documents, that certain Engagement Letter dated August 19, 2013,
by and between the Borrower and Merrill Lynch, Pierce, Fenner & Smith Incorporated, and any fee letters executed in connection with this Amendment (collectively, the “Relevant Documents”), sets forth the entire
understanding and agreement of the parties hereto in relation to the subject matter hereof and supersedes any prior negotiations and agreements among the parties relating to such subject matter. No promise, condition, representation or warranty,
express or implied, not set forth in the Relevant Documents shall bind any party hereto, and no such party has relied on any such promise, condition, representation or warranty. Each of the parties hereto acknowledges that, except as otherwise
expressly stated in the Relevant Documents, no representations, warranties or commitments, express or implied, have been made by any party to the other in relation to the subject matter hereof or thereof. None of the terms or conditions of this
Amendment may be changed, modified, waived or canceled orally or otherwise, except in writing and in accordance with subsection 11.1 of the Credit Agreement. 

10. Full Force and Effect of Agreement. Except as hereby specifically amended, modified or supplemented, the Credit Agreement and all
other Loan Documents are hereby confirmed and ratified in all respects and shall be and remain in full force and effect according to their respective terms. 

  
 33 

 11. Counterparts. This Amendment may be executed in any number of counterparts, each of
which shall be deemed an original as against any party whose signature appears thereon, and all of which shall together constitute one and the same instrument. Delivery of an executed counterpart of a signature page of this Amendment by telecopy or
electronic delivery (including by .pdf) shall be effective as delivery of a manually executed counterpart of this Amendment. 
 12.
Governing Law. This Amendment shall in all respects be governed by, and construed in accordance with, the laws of the State of New York applicable to contracts executed and to be performed entirely within such State, and shall be further
subject to the provisions of subsection 11.15 of the Credit Agreement. 
 13. Enforceability. Should any one or more of the
provisions of this Amendment be determined to be illegal or unenforceable as to one or more of the parties hereto, all other provisions nevertheless shall remain effective and binding on the parties hereto. 

14. References. All references in any of the Loan Documents to the “Credit Agreement” shall mean the Credit Agreement, as
amended hereby and as further amended, supplemented or otherwise modified from time to time, and this Amendment shall constitute a Loan Document. 

15. Successors and Assigns. This Amendment shall be binding upon and inure to the benefit of the Borrower, the Incremental Revolving
Tranche Borrowers, the Guarantors, the Administrative Agent, each of the Lenders and each of their respective successors, legal representatives, and assignees to the extent such assignees are permitted assignees as provided in subsection 11.6
of the Credit Agreement. 
 16. Post-Closing Deliveries. Notwithstanding any provision of this Amendment to the contrary, Graphic
Packaging International Limited, a limited liability company with separate legal identity incorporated in England under the Companies Act 2006, shall not be permitted to borrow under the Incremental Euro Tranche Facility until receipt by the
Administrative Agent of each of the following: (a) the executed legal opinion of Bird & Bird LLP, special English counsel to Graphic Packaging International Limited in its capacity as an Incremental Revolving Tranche Borrower; and
(b) a copy of the resolutions, in form and substance reasonably satisfactory to the Administrative Agent, of the board of directors or comparable body of Graphic Packaging International Limited authorizing the execution, delivery and
performance of this Amendment, the Revolving Credit Notes and the other Loan Documents to be executed by such Incremental Revolving Tranche Borrower in connection with this Amendment. 

[Signature pages follow.] 

  
 34 

 IN WITNESS WHEREOF, the parties hereto have caused this instrument to be made, executed
and delivered by their duly authorized officers as of the day and year first above written. 
  

			
	BORROWER:
	
	GRAPHIC PACKAGING INTERNATIONAL, INC.
		
	By:	 	 /s/ Daniel J. Blount

	Name:	 	Daniel J. Blount
	Title:	 	SVP & Chief Financial Officer
	
	HOLDING:
	
	GRAPHIC PACKAGING HOLDING COMPANY
		
	By:	 	 /s/ Daniel J. Blount

	Name:	 	Daniel J. Blount
	Title:	 	SVP & Chief Financial Officer
	
	GPC:
	
	GRAPHIC PACKAGING CORPORATION
		
	By:	 	 /s/ Daniel J. Blount

	Name:	 	Daniel J. Blount
	Title:	 	SVP & Chief Financial Officer

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
			
	ADDITIONAL INCREMENTAL EURO TRANCHE BORROWERS:
	
	GRAPHIC PACKAGING INTERNATIONAL EUROPE HOLDINGS B.V.
		
	By:	 	 /s/ Joseph P. Yost

	Name:	 	Joseph P. Yost
	Title:	 	Managing Director
	
	GRAPHIC PACKAGING INTERNATIONAL LIMITED
		
	By:	 	 /s/ Stephen A. Hellrung

	Name:	 	Stephen A. Hellrung
	Title:	 	Secretary and Director
	
	ADDITIONAL INCREMENTAL YEN TRANCHE BORROWER:
	
	GRAPHIC PACKAGING INTERNATIONAL JAPAN LTD.
		
	By:	 	 /s/ Deborah Frank

	Name:	 	Deborah Frank
	Title:	 	Corporate Auditor

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
			
	SUBSIDIARY GUARANTORS:
	
	BLUEGRASS LABELS COMPANY, LLC
		
	By:	 	 /s/ Daniel J. Blount

	Name:	 	Daniel J. Blount
	Title:	 	SVP & Chief Financial Officer
	
	FIELD CONTAINER QUERETARO (USA), L.L.C.
		
	By:	 	 /s/ Daniel J. Blount

	Name:	 	Daniel J. Blount
	Title:	 	SVP & Chief Financial Officer
	
	GRAPHIC FLEXIBLE PACKAGING, LLC
		
	By:	 	 /s/ Daniel J. Blount

	Name:	 	Daniel J. Blount
	Title:	 	Senior Vice President, Finance

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
			
	ADMINISTRATIVE AGENT:
	
	BANK OF AMERICA, N.A., as Administrative Agent
		
	By:	 	 /s/ Rosanne Parsill

	Name:	 	Rosanne Parsill
	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
			
	LENDERS:
	
	BANK OF AMERICA, N.A., as a Lender, Swing Line Lender, Euro Tranche Swing Line Lender, L/C Issuer and Alternative Currency Funding Fronting Lender
		
	By:	 	 /s/ John G. Taylor

	Name:	 	John G. Taylor
	Title:	 	Senior Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
			
	GOLDMAN SACHS BANK USA
		
	By:	 	 /s/ Mark Walton

	Name:	 	Mark Walton
	Title:	 	Authorized Signatory

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
			
	CITIBANK, N.A.
		
	By:	 	 /s/ Christopher Hartzell

	Name:	 	Christopher Hartzell
	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
			
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	 /s/ Peter S. Predun

	Name:	 	Peter S. Predun
	Title:	 	Executive Director

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
			
	SUNTRUST BANK
		
	By:	 	 /s/ Vinay N. Desai

	Name:	 	Vinay N. Desai
	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	AGFIRST FARM CREDIT BANK
		
	By:	 	 /s/ Neda K. Beal

		 	Name:	 	Neda K. Beal
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	AMERICAN SAVINGS BANK, F.S.B.
		
	By:	 	 /s/ Rian DuBach

		 	Name:	 	Rian DuBach
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	AOZORA BANK LTD.
		
	By:	 	 /s/ Masaki Onuma

		 	Name:	 	Masaki Onuma
		 	Title:	 	General Manager

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	ATLANTIC CAPITAL BANK
		
	By:	 	 /s/ J. Christopher Deisley

		 	Name:	 	J. Christopher Deisley
		 	Title:	 	Senior Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	AZB FUNDING
		
	By:	 	 /s/ Masaki Onuma

		 	Name:	 	Masaki Onuma
		 	Title:	 	General Manager

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	BANK OF EAST ASIA LIMITED, NEW YORK BRANCH
		
	By:	 	 /s/ James Hua

		 	Name:	 	James Hua
		 	Title:	 	SVP
		
	By:	 	 /s/ Kitty Sin

		 	Name:	 	Kitty Sin
		 	Title:	 	SVP

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	BANK OF TAIWAN, NEW YORK BRANCH
		
	By:	 	 /s/ Kevin H. Hsieh

		 	Name:	 	Kevin H. Hsieh
		 	Title:	 	General Manager

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	BMO HARRIS FINANCING, INC.
		
	By:	 	 /s/ Mark W. Piekos

		 	Name:	 	Mark W. Piekos
		 	Title:	 	Managing Director

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	BRANCH BANKING AND TRUST COMPANY
		
	By:	 	 /s/ Robert T. Barnaby

		 	Name:	 	Robert T. Barnaby
		 	Title:	 	Senior Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	CAPITAL ONE BUSINESS CREDIT CORP. f/k/a CAPITAL ONE LEVERAGE FINANCE CORP.
		
	By:	 	 /s/ Ron Walker

		 	Name:	 	Ron Walker
		 	Title:	 	Senior Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	CATHAY BANK
		
	By:	 	 /s/ Nancy A. Moore

		 	Name:	 	Nancy A. Moore
		 	Title:	 	Senior Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	COBANK, ACB
		
	By:	 	 /s/ Zachary Carpenter

		 	Name:	 	Zachary Carpenter
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	COMERICA BANK
		
	By:	 	 /s/ Timothy O’Rourke

		 	Name:	 	Timothy O’Rourke
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	COMMUNITY & SOUTHERN BANK
		
	By:	 	 /s/ Brian R. McLean

		 	Name:	 	Brian R. McLean
		 	Title:	 	Senior Debt Specialist

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	COMPASS BANK
		
	By:	 	 /s/ Michael Dixon

		 	Name:	 	Michael Dixon
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK B.A., “RABOBANK NEDERLAND” NEW YORK BRANCH
		
	By:	 	 /s/ Theodore W. Cox

		 	Name:	 	Theodore W. Cox
		 	Title:	 	Executive Director
		
	By:	 	 /s/ Michael T. Harder

		 	Name:	 	Michael T. Harder
		 	Title:	 	Executive Director

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	FAR EAST NATIONAL BANK
		
	By:	 	 /s/ T.J. Chen

		 	Name:	 	T.J. Chen
		 	Title:	 	Executive Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	FARM CREDIT BANK OF TEXAS
		
	By:	 	 /s/ Chris M. Levine

		 	Name:	 	Chris M. Levine
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	FARM CREDIT SERVICES OF AMERICA, PCA
		
	By:	 	 /s/ Bruce Dean

		 	Name:	 	Bruce Dean
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	FIFTH THIRD BANK, an Ohio banking corporation
		
	By:	 	 /s/ Kenneth W. Deere

		 	Name:	 	Kenneth W. Deere
		 	Title:	 	Senior Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	FIRST HAWAIIAN BANK
		
	By:	 	 /s/ Jon Fukagawa

		 	Name:	 	Jon Fukagawa
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	FIRST TENNESSEE BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ Jamie M. Swisher

		 	Name:	 	Jamie M. Swisher
		 	Title:	 	Vice President

 Graphic Packaging International, Inc. 

Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	HSBC BANK USA, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Chris Burns

		 	Name:	 	Chris Burns
		 	Title:	 	Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	LAND BANK OF TAIWAN, NEW YORK BRANCH
		
	By:	 	 /s/ Arthur Chen

		 	Name:	 	Arthur Chen
		 	Title:	 	General Manager

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	LLOYDS TSB BANK PLC
		
	By:	 	 /s/ Stephen Giacolone

		 	Name:	 	Stephen Giacolone
		 	Title:	 	Assistant Vice President – G011
		
	By:	 	 /s/ Dennis McClellan

		 	Name:	 	Dennis McClellan
		 	Title:	 	Assistant Vice President – M040

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	MANUFACTURERS BANK
		
	By:	 	 /s/ Sean Walker

		 	Name:	 	Sean Walker
		 	Title:	 	Senior Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	MERCANTIL COMMERCEBANK N.A.
		
	By:	 	 /s/ Fernando Mesio

		 	Name:	 	Fernando Mesio
		 	Title:	 	Senior Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	MODERN BANK, N.A.
		
	By:	 	 /s/ Vera McVey

		 	Name:	 	Vera McVey
		 	Title:	 	Senior Executive Vice President & Chief Credit Officer

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	NATIONAL PENN BANK
		
	By:	 	 /s/ Lori L. Meixell

		 	Name:	 	Lori L. Meixell
		 	Title: 	 	AVP

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	PNC BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Susan J. Dimmick

		 	Name:	 	Susan J. Dimmick
		 	Title:	 	Senior Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	RBS CITIZENS, N.A.
		
	By:	 	 /s/ Michael Makatis

		 	Name:	 	Michael Makatis
		 	Title:	 	Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	REGIONS BANK
		
	By:	 	 /s/ Stephen A. Brothers

		 	Name:	 	Stephen A. Brothers
		 	Title:	 	Senior Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	SOVEREIGN BANK, N.A.
		
	By:	 	 /s/ James R. Riley

		 	Name:	 	James R. Riley
		 	Title:	 	Senior Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	SUMITOMO MITSUI BANKING CORPORATION, NEW YORK BRANCH
		
	By:	 	 /s/ Shuji Yabe

		 	Name:	 	Shuji Yabe
		 	Title:	 	Managing Director

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	SUMITOMO MITSUI TRUST BANK LIMITED, NEW YORK BRANCH
		
	By:	 	 /s/ Albert C. Tew II

		 	Name:	 	Albert C. Tew II
		 	Title:	 	Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	TD BANK N.A.
		
	By:	 	 /s/ Michele Dragonetti

		 	Name:	 	Michele Dragonetti
		 	Title:	 	Senior Vice President

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	 THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.

		
	By:	 	 /s/ George Stoecklein

		 	Name:	 	George Stoecklein
		 	Title:	 	Director

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 
					
	 WELLS FARGO BANK, NATIONAL ASSOCIATION

		
	By:	 	 /s/ Andrew G. Payne

		 	Name:	 	Andrew G. Payne
		 	Title:	 	Director

  
 Graphic Packaging
International, Inc. 
 Amendment No. 2 to Credit Agreement 

and Amendment No. 1 to Guarantee and Collateral Agreement 

Signature Page 

 SCHEDULE 1 

INCREMENTAL EURO TRANCHE COMMITMENTS 

AND APPLICABLE PERCENTAGES 
  

									
	 Incremental Euro Tranche Lender
	  	Incremental Euro
Tranche Commitment	 	  	Applicable
Percentage of
Incremental Euro
Tranche Facility	 
	 Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland” New York Branch
	  	€	22,500,000.00	  	  	 	30.000000000	% 
	 Lloyds TSB Bank plc
	  	€	22,500,000.00	  	  	 	30.000000000	% 
	 Compass Bank
	  	€	18,750,000.00	  	  	 	25.000000000	% 
	 Bank of America, N.A.
	  	€	11,250,000.00	  	  	 	15.000000000	% 
		  	  
	  
	 	  	  
	  
	 
	 Total
	  	€	75,000,000.00	  	  	 	100.000000000	% 
		  	  
	  
	 	  	  
	  
	 

 INCREMENTAL YEN TRANCHE COMMITMENTS 

AND APPLICABLE PERCENTAGES 
  

									
	 Incremental Yen Tranche Lender
	  	Incremental Yen
Tranche Commitment	 	  	Applicable
Percentage of
Incremental Yen
Tranche Facility	 
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	  	¥	1,000,000,000.00	  	  	 	40.000000000	% 
	 Sumitomo Mitsui Banking Corporation, New York Branch
	  	¥	1,000,000,000.00	  	  	 	40.000000000	% 
	 Bank of America, N.A.
	  	¥	500,000,000.00	  	  	 	20.000000000	% 
		  	  
	  
	 	  	  
	  
	 
	 Total
	  	¥	2,500,000,000.00	  	  	 	100.000000000	% 
		  	  
	  
	 	  	  
	  
	 

 SCHEDULE A 

TO CREDIT AGREEMENT 

ADMINISTRATIVE AGENT’S OFFICE; 

CERTAIN ADDRESSES FOR NOTICES 
  

			
	BORROWER:
	
	Graphic Packaging International, Inc.
	1500 Riveredge Parkway
	Suite 100, 9th Floor
	Atlanta, Georgia 30328
	Attention: Chief Financial Officer
	Telecopy:	  	(770) 644-2980
	Telephone:	  	(770) 240-6060
	Electronic mail: Daniel.Blount@graphicpkg.com
	
	and
		
	Attention:	  	Law Department
	Telecopy:	  	(678) 918-4065
	Telephone:	  	(770) 240-9090
	Electronic mail: Steve.Hellrung@graphicpkg.com
	Taxpayer identification number: 84-0772929
	Website: www.graphicpkg.com
	
	with copies to:
	
	Alston & Bird LLP
	1201 West Peachtree Street
	Atlanta, Georgia 30319
	Attention:	  	Richard W. Grice
	Telecopy:	  	(404) 253-8269
	Telephone:	  	(404) 881-7576

 ADMINISTRATIVE AGENT: 

Administrative Agent’s Office 
 (for
payments and Requests for Credit Extensions under the Revolving Tranche Facility and Term Facilities): 
  

			
	Bank of America, N.A.
	One Independence Center
	101 N Tryon Street
	Mail Code: NC1-001-04-39
	Charlotte, North Carolina 28255-0001
	Attention:	  	Lynne Barrett Cole
		  	Credit Services Consultant
	Telephone:	  	980.387.3614
	Telecopier:	  	704.409.0003
	Electronic Mail: lynne.b.cole@baml.com

 (for payments and Requests for Credit Extensions under the applicable Incremental Revolving Tranche Facility): 

INCREMENTAL EURO TRANCHE FACILITY: 
  

			
	Bank of America, N.A.
	26 Elmfield Road
	Bromley BR1 1LR
	United Kingdom
	Attention:	  	Loans Agency
	Telephone:	  	+44 20 8313 2411
	Telecopier:	  	+44 20 8313 2149
	Electronic Mail: emea.7115loansagency@bankofamerica.com

 INCREMENTAL YEN TRANCHE FACILITY: 
  

			
	Bank of America, N.A., Tokyo Branch
	Nihonbashi 1-chome Building, 1-4-1 Nihonbashi, Chuo-ku, Tokyo 103-0027
	Attention:	  	Takami Hishiyama / Nahoko Matsuba, Loan Administrative
	Telephone:	  	81-3-6758-5013/5045
	Telecopier:	  	81-3-6758-5071
	Electronic Mail: takami-hishiyama@baml.com / nahoko.matsuba@baml.com

			
	Other Notices as Administrative Agent:
	
	Bank of America, N.A.
	Agency Management
	135 S. LaSalle Street
	Mail Code: IL4-135-09-61
	Chicago, Illinois 60603
	Attention:	  	Rosanne Parsill
		  	Agency Officer
	Telephone:	  	312.923.1639
	Telecopier:	  	877.206.8429
	Electronic Mail: rosanne.parsill@baml.com
	
	Wire Instructions:
	
	Bank of America, N.A.
	New York, New York
	ABA #026009593
	Account # 1366212250600
	Account Name: Corporate Credit Services
	Reference: Graphic Packaging Intl
	
	L/C ISSUER:
	
	for Issuing Standby Letters of Credit:
	
	Bank of America, N.A.
	Mail Code: CA9-705-07-05
	1000 W. Temple Street
	Los Angeles, California 90012-1514
	Telephone:	  	1.800.541.6096 choose Trade product option
	Telecopier:	  	213.457.8841
	Standby Letter of Credit Email: los_angeles_standby_lc@bankofamerica.com
	
	for Issuing Commercial Letters of Credit:
	
	Bank of America, N.A.
	Mail Code: CA9-705-07-05
	1000 W. Temple Street
	Los Angeles, California 90012-1514
	Telephone:	  	1.800.541.6096 choose Trade product option
	Telecopier:	  	213.457.8841
	Commercial Letter of Credit Email: los_angeles_commercial_lc@bankofamerica.com

			
	SWING LINE LENDER:
	
	Bank of America, N.A.
	One Independence Center
	101 N Tryon Street
	Mail Code: NC1-001-04-39
	Charlotte, North Carolina 28255-0001
	Attention:	  	Lynne Barrett Cole
		  	Credit Services Consultant
	Telephone:	  	980.387.3614
	Telecopier:	  	704.409.0003
	Electronic Mail: lynne.b.cole@baml.com
	
	EURO TRANCHE SWING LINE LENDER:
	
	Bank of America, N.A.
	26 Elmfield Road
	Bromley BR1 1LR,
	United Kingdom
	Attention:	  	Loans Agency
	Telephone:	  	+44 20 8313 2411
	Telecopier:	  	+44 20 8313 2149
	Electronic Mail: emea.7115loansagency@bankofamerica.com

 EXHIBIT A-1 

FORM OF INCREMENTAL EURO TRANCHE LOAN NOTICE 

Date:                     ,
             
 To: Bank of America, N.A., as Administrative Agent 

Ladies and Gentlemen: 
 This Incremental Revolving Tranche Loan
Notice is made and delivered pursuant to Section 1(d) of that certain Amendment No. 2 to Credit Agreement and Amendment No. 1 to Guarantee and Collateral Agreement dated as of September 13, 2013 (“Amendment
No. 2) in respect of that certain Amended and Restated Credit Agreement dated as of March 16, 2012 (as in effect on the effective date of Amendment No. 2 and as further amended, restated, extended, supplemented or otherwise
modified in writing from time to time, the “Credit Agreement”), among Graphic Packaging International, Inc., a Delaware corporation (the “Borrower”), the Incremental Revolving Tranche Borrowers from time to time
party thereto, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer, Swing Line Lender, Euro Tranche Swing Line Lender and Alternative Currency Funding Fronting Lender, and reference is made
thereto for full particulars of the matters described therein. All capitalized terms used in this Incremental Revolving Tranche Loan Notice and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement 

 

	1.	The undersigned hereby requests (select one): 

  ̈ A Borrowing
under the Incremental Euro Tranche Facility 
  ̈ A conversion or continuation of Loans under the Incremental
Euro Tranche Facility 
  

	2.	On
                                         (a
Business Day). 

  

	3.	In the amount of [€][£]             . 

  

	4.	With an Interest Period of              months. 

  

			
	 [GRAPHIC PACKAGING INTERNATIONAL, INC.]

	 [GRAPHIC PACKAGING INTERNATIONAL EUROPE HOLDINGS B.V.]

	 [GRAPHIC PACKAGING INTERNATIONAL LIMITED]

		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT A-2 

FORM OF INCREMENTAL YEN TRANCHE LOAN NOTICE 

Date:                     ,
             
 To: Bank of America, N.A., as Administrative Agent 

Ladies and Gentlemen: 
 This Incremental Revolving Tranche Loan
Notice is made and delivered pursuant to Section 1(d) of that certain Amendment No. 2 to Credit Agreement and Amendment No. 1 to Guarantee and Collateral Agreement dated as of September 13, 2013 (“Amendment
No. 2) in respect of that certain Amended and Restated Credit Agreement dated as of March 16, 2012 (as in effect on the effective date of Amendment No. 2 and as further amended, restated, extended, supplemented or otherwise
modified in writing from time to time, the “Credit Agreement”), among Graphic Packaging International, Inc., a Delaware corporation (the “Borrower”), the Incremental Revolving Tranche Borrowers from time to time
party thereto, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer, Swing Line Lender, Euro Tranche Swing Line Lender and Alternative Currency Funding Fronting Lender, and reference is made
thereto for full particulars of the matters described therein. All capitalized terms used in this Incremental Revolving Tranche Loan Notice and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement 

 

	1.	The undersigned hereby requests (select one): 

  ̈ A Borrowing
under the Incremental Yen Tranche Facility 
  ̈ A conversion or continuation of Loans under the Incremental
Yen Tranche Facility 
  

	2.	On
                                         (a
Business Day). 

  

	3.	In the amount of ¥             . 

  

	4.	With an Interest Period of              months. 

  

			
	 [GRAPHIC PACKAGING INTERNATIONAL, INC.]

	 [GRAPHIC PACKAGING INTERNATIONAL JAPAN LTD.]

		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT B 

FORM OF 
 EURO TRANCHE SWING LINE
LOAN NOTICE 
 Date:                     ,
             
 To: Bank of America, N.A., as Euro Tranche Swing Line Lender 

Bank of America, N.A., as Administrative Agent 
 Ladies and
Gentlemen: 
 This Euro Tranche Swing Line Loan Notice is made and delivered pursuant to Section 1(f) of that certain Amendment No. 2 to
Credit Agreement and Amendment No. 1 to Guarantee and Collateral Agreement dated as of September 13, 2013 (“Amendment No. 2) in respect of that certain Amended and Restated Credit Agreement dated as of March 16, 2012
(as in effect on the effective date of Amendment No. 2 and as further amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Credit Agreement”), among Graphic Packaging International,
Inc., a Delaware corporation (the “Borrower”), the Incremental Revolving Tranche Borrowers from time to time party thereto, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer,
Swing Line Lender, Euro Tranche Swing Line Lender and Alternative Currency Funding Fronting Lender, and reference is made thereto for full particulars of the matters described therein. All capitalized terms used in this Euro Tranche Swing Line Loan
Notice and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement. 
  

	 	1.	The undersigned hereby requests a Euro Tranche Swing Line Loan: 

  

	 	2.	On
                                         (a
Business Day). 

  

	 	3.	In the amount of [€][£]             . 

  

			
	 [[GRAPHIC PACKAGING INTERNATIONAL, INC.]

	 [GRAPHIC PACKAGING INTERNATIONAL EUROPE HOLDINGS B.V.]

	 [GRAPHIC PACKAGING INTERNATIONAL LIMITED]

		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT C 

FORM OF INCREMENTAL REVOLVING TRANCHE BORROWER 

REQUEST AND ASSUMPTION AGREEMENT 

Date:                     ,
             
 To: Bank of America, N.A., as Administrative Agent 

Ladies and Gentlemen: 
 This Incremental
Revolving Tranche Borrower Request and Assumption Agreement is made and delivered pursuant to Section 1(o) of that certain Amendment No. 2 to Credit Agreement and Amendment No. 1 to Guarantee and Collateral Agreement dated as
of September 13, 2013 (“Amendment No. 2) in respect of that certain Amended and Restated Credit Agreement dated as of March 16, 2012 (as amended, restated, extended, supplemented or otherwise modified in writing from time
to time, the “Credit Agreement”), among Graphic Packaging International, Inc., a Delaware corporation (the “Borrower”), the Incremental Revolving Tranche Borrowers from time to time party thereto, the Lenders from
time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer, Swing Line Lender, Euro Tranche Swing Line Lender and Alternative Currency Funding Fronting Lender, and reference is made thereto for full particulars of the
matters described therein. All capitalized terms used in this Incremental Revolving Tranche Borrower Request and Assumption Agreement and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement. 

Each of
                                         (the
“Incremental Revolving Tranche Borrower”) and the Borrower hereby confirms, represents and warrants to the Administrative Agent and the Lenders that the Incremental Revolving Tranche Borrower is a Subsidiary of the Borrower. 

The documents required to be delivered to the Administrative Agent under Section 1(o) of Amendment No. 2 will be furnished to
the Administrative Agent in accordance with the requirements of the Credit Agreement (including Amendment No. 2). 
 Complete if
the Incremental Revolving Tranche Borrower is a Domestic Subsidiary: The true and correct U.S. taxpayer identification number of the Incremental Revolving Tranche Borrower is
            . 
 Complete if the Incremental Revolving
Tranche Borrower is a Foreign Subsidiary: The true and correct unique identification number that has been issued to the Incremental Revolving Tranche Borrower by its jurisdiction of organization and the name of such
jurisdiction are set forth below: 
  

			
	 Identification Number
	  	 Jurisdiction of Organization

		  	
		  	

 The parties hereto hereby confirm that with effect from the date of the Incremental Revolving
Tranche Borrower Notice for the Incremental Revolving Tranche Borrower, the Incremental Revolving Tranche Borrower shall have obligations, duties and liabilities toward each of the other parties to the Credit Agreement identical to those which the
Incremental Revolving Tranche Borrower would have had if the Incremental Revolving Tranche Borrower had been an original party to the Credit Agreement as a Borrower. Effective as of the date of the Incremental Revolving Tranche Borrower Notice for
the Incremental Revolving Tranche Borrower, the Incremental Revolving Tranche Borrower confirms its acceptance of, and consents to, all representations and warranties, covenants, and other terms and provisions of the Credit Agreement. 

The parties hereto hereby request that the Incremental Revolving Tranche Borrower be an Incremental Revolving Tranche Borrower (as defined in
Amendment No. 2) and that the Incremental Revolving Tranche Borrower be entitled to receive Loans under the Incremental [Euro][Yen] Tranche Facility (as defined in Amendment No. 2) under the Credit Agreement (including Amendment
No. 2), and understand, acknowledge and agree that neither the Incremental Revolving Tranche Borrower nor the Borrower on its behalf shall have any right to request any Loans for its account unless and until the date five Business Days after
the effective date designated by the Administrative Agent in an Incremental Revolving Tranche Borrower Notice delivered to the Borrower and the Lenders pursuant to Section 1(o) of Amendment No. 2. 

This Incremental Revolving Tranche Borrower Request and Assumption Agreement shall constitute a Loan Document under the Credit Agreement. 

THIS INCREMENTAL REVOLVING TRANCHE BORROWER REQUEST AND ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW
OF THE STATE OF NEW YORK. 
 IN WITNESS WHEREOF, the parties hereto have caused this Incremental Revolving Tranche Borrower Request
and Assumption Agreement to be duly executed and delivered by their proper and duly authorized officers as of the day and year first above written. 
  

			
	[INCREMENTAL REVOLVING TRANCHE BORROWER]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	GRAPHIC PACKAGING INTERNATIONAL, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 EXHIBIT D 

FORM OF INCREMENTAL REVOLVING TRANCHE BORROWER NOTICE 

Date:                     ,
             
 To: Graphic Packaging International, Inc. 

The Lenders party to the Credit Agreement referred to below 

Ladies and Gentlemen: 
 This Incremental
Revolving Tranche Borrower Notice is made and delivered pursuant to Section 1(o) of that certain Amendment No. 2 to Credit Agreement and Amendment No. 1 to Guarantee and Collateral Agreement dated as of September 13, 2013
(“Amendment No. 2) in respect of that certain Amended and Restated Credit Agreement dated as of March 16, 2012 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the
“Credit Agreement”), among Graphic Packaging International, Inc., a Delaware corporation (the “Borrower”), the Incremental Revolving Tranche Borrowers from time to time party thereto, the Lenders from time to time
party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer, Swing Line Lender, Euro Tranche Swing Line Lender and Alternative Currency Funding Fronting Lender, and reference is made thereto for full particulars of the matters
described therein. All capitalized terms used in this Incremental Revolving Tranche Borrower Notice and not otherwise defined herein shall have the meanings assigned to them in the Credit Agreement. 

The Administrative Agent hereby notifies the Borrower and the Lenders that effective as of the date hereof
[                                        ]
shall be an Incremental Revolving Tranche Borrower (as defined in Amendment No. 2) and be entitled to receive Loans under the Incremental [Euro][Yen] Tranche Facility for its account on the terms and conditions set forth in the Credit
Agreement (including Amendment No. 2). 
 This Incremental Revolving Tranche Borrower Notice shall constitute a Loan Document under
the Credit Agreement. 
  

			
	BANK OF AMERICA, N.A.,
	as Administrative Agent
		
	By:	 	  

	Name:	 	  

	Title:

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