Document:

EX-10.15

 Exhibit 10.15 

INDEMNIFICATION AND ADVANCEMENT AGREEMENT 

This Indemnification and Advancement Agreement (“Agreement”) is made as
of                , by and between Atotech Limited, a Bailiwick of Jersey company (the “Company”), and
                , [a member of the board of directors][an officer][an employee][an agent][a fiduciary] of the Company (“Indemnitee”). This Agreement supersedes
and replaces any and all previous agreements between the Company and Indemnitee covering indemnification and advancement. 
 RECITALS

 WHEREAS, the board of directors of the Company (the “Board”) believes that highly competent persons have become more
reluctant to serve publicly-held corporations as directors or officers or in other capacities unless they are provided with adequate protection through insurance or adequate indemnification and advancement of expenses against inordinate risks of
claims and actions against them arising out of their service to and activities on behalf of the corporation; 
 WHEREAS, the Board has
determined that, in order to attract and retain qualified individuals, the Company will attempt to maintain on an ongoing basis, at its sole expense, liability insurance to protect persons serving the Company and its subsidiaries from certain
liabilities. Although the furnishing of such insurance has been a customary and widespread practice among corporations and other business enterprises, the Company believes that, given current market conditions and trends, such insurance may be
available to it in the future only at higher premiums and with more exclusions. At the same time, directors, officers, and other persons in service to corporations or business enterprises are being increasingly subjected to expensive and
time-consuming litigation relating to, among other things, matters that traditionally would have been brought only against the Company or business enterprise itself. The Amended & Restated Articles of Association (the “Articles”)
of the Company require indemnification of the directors and officers of the Company. Indemnitee may also be entitled to indemnification pursuant to the Companies (Jersey) Law 1991, as amended (the “Law”). The Articles and the Law expressly
provide that the indemnification provisions set forth therein are not exclusive, and thereby contemplate that contracts may be entered into between the Company and members of the Board, officers and other persons with respect to indemnification and
advancement of expenses; 
 WHEREAS, the uncertainties relating to such insurance, to indemnification, and to advancement of expenses may
increase the difficulty of attracting and retaining such persons; 
 WHEREAS, the Board has determined that the increased difficulty in
attracting and retaining such persons is detrimental to the best interests of the Company and its shareholders and that the Company should act to assure such persons that there will be increased certainty of such protection in the future; 

WHEREAS, it is reasonable, prudent and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on
behalf of, such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue concern that they will not be so indemnified; 

WHEREAS, this Agreement is a supplement to and in furtherance of the Articles and any resolutions adopted pursuant thereto, and is not a
substitute therefor, nor diminishes or abrogates any rights of Indemnitee thereunder; and 

 WHEREAS, Indemnitee does not regard the protection available under the Articles, Law and
insurance as adequate in the present circumstances, and may not be willing to serve or continue to serve as a director or an officer without adequate additional protection, and the Company desires Indemnitee to serve or continue to serve in such
capacities. Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the Company on the condition that Indemnitee be so indemnified and be advanced expenses. 

NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree
as follows: 
 Section 1. Services to the Company. Indemnitee agrees to serve as [a director][an officer][an employee][an
agent][a fiduciary] of the Company. Indemnitee may, at any time and for any reason, resign from such position (subject to any other contractual obligation or any obligation imposed by operation of law). This Agreement does not create any obligation
on the Company to continue Indemnitee in such position and is not an employment contract between the Company (or any of its subsidiaries or any Enterprise (as defined herein)) and Indemnitee. 

Section 2. Definitions. As used in this Agreement: 

(a) “Agent” means any person who is authorized by the Company or an Enterprise to act for or represent the interests of the Company
or an Enterprise, respectively. 
 (b) A “Change in Control” occurs upon the earliest to occur after the date of this Agreement of
any of the following events: 
 i. Acquisition of Shares by Third Party. Any Person (as defined below) is or becomes the Beneficial
Owner (as defined below), directly or indirectly, of securities of the Company representing 15% or more of the combined voting power of the Company’s then outstanding securities unless the change in relative beneficial ownership of the
Company’s securities by any Person results solely from a reduction in the aggregate number of outstanding shares of securities entitled to vote generally in the election of directors; 

ii. Change in Board. During any period of two consecutive years (not including any period prior to the execution of this Agreement),
individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated by a person who has entered into an agreement with the Company to effect a transaction described in Sections 2(b)(i),
2(b)(iii) or 2(b)(iv) of this Agreement) whose election by the Board or nomination for election by the Company’s shareholders was approved by a vote of at least two-thirds of the directors then still in
office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute at least a majority of the members of the Board; 

iii. Corporate Transactions. The effective date of a merger or consolidation of the Company with any other entity, other than a merger
or consolidation which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to represent (either by remaining outstanding or by being converted into voting securities of the
surviving entity) more than 50% of the combined voting power of the voting securities of the surviving entity outstanding immediately after such merger or consolidation and with the power to elect at least a majority of the board of directors or
other governing body of such surviving entity; 
 iv. Liquidation. The approval by the shareholders of the Company of a complete
liquidation of the Company or an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets; and 

  
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 v. Other Events. There occurs any other event of a nature that would be required to
be reported in response to Item 6(e) of Schedule 14A of Regulation 14A (or a response to any similar item on any similar schedule or form) promulgated under the Exchange Act (as defined below), whether or not the Company is then subject to such
reporting requirement. 
 vi. For purposes of this Section 2(b), the following terms have the following meanings: 

 

	 	1	 “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time.

  

	 	2	 “Person” has the meaning as set forth in Sections 13(d) and 14(d) of the Exchange Act;
provided, however, that Person excludes (i) the Company, (ii) any trustee or other fiduciary holding securities under an employee benefit plan of the Company, and (iii) any corporation owned, directly or indirectly, by
the shareholders of the Company in substantially the same proportions as their ownership of shares of the Company. 

  

	 	3	 “Beneficial Owner” has the meaning given to such term in Rule
13d-3 under the Exchange Act; provided, however, that Beneficial Owner excludes any Person otherwise becoming a Beneficial Owner by reason of the shareholders of the Company approving a merger of
the Company with another entity. 

 (c) “Corporate Status” describes the status of a person who is or was acting
as a director, officer, employee, fiduciary, or Agent of the Company or an Enterprise. 
 (d) “Disinterested Director” means a
director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee. 
 (e)
“Enterprise” means any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other entity, including, for the avoidance of doubt, Atotech UK Topco Limited, for which Indemnitee is or was
serving at the request of the Company as a director, officer, employee, or Agent. 
 (f) “Expenses” includes all reasonable
attorneys’ fees, retainers, court costs, transcript costs, fees of experts and other professionals, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, any federal,
state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement, excise taxes and penalties related to the Employee Retirement Income Security Act of 1974, as amended, and all
other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, or otherwise participating in, a Proceeding.
Expenses also include (i) Expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation the premium, security for, and other costs relating to any cost bond, supersedeas bond, or other appeal
bond or its equivalent, and (ii) for purposes of Section 14(d) of this Agreement only, Expenses incurred by Indemnitee in connection with the interpretation, enforcement or defense of Indemnitee’s rights under this Agreement, by
litigation or otherwise. The parties agree that for the purposes of any advancement of Expenses for which Indemnitee has made written demand to the Company in accordance with this Agreement, all Expenses included in such demand that are certified by
affidavit of Indemnitee’s counsel as being reasonable in the good faith judgment of such counsel will be presumed conclusively to be reasonable. Expenses, however, do not include amounts paid in settlement by Indemnitee or the amount of
judgments or fines against Indemnitee. 

  
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 (g) “Independent Counsel” means a law firm, or a member of a law firm, that is
experienced in matters of corporation law and neither presently is, nor in the past five years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either such party (other than with respect to matters
concerning the Indemnitee under this Agreement, or of other indemnitees under similar indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding the foregoing,
the term “Independent Counsel” does not include any person who, under the applicable standards of professional conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to
determine Indemnitee’s rights under this Agreement. 
 (h) “Proceeding” includes any threatened, pending or completed action,
suit, claim, counterclaim, cross claim, arbitration, mediation, alternate dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed proceeding, whether brought in the right of the
Company or otherwise and whether of a civil, criminal, administrative, legislative, or investigative (formal or informal) nature, including any appeal therefrom, in which Indemnitee was, is or will be involved as a party, potential party, non-party witness or otherwise by reason of Indemnitee’s Corporate Status or by reason of any action taken by Indemnitee (or a failure to take action by Indemnitee) or of any action (or failure to act) on
Indemnitee’s part while acting pursuant to Indemnitee’s Corporate Status, in each case whether or not serving in such capacity at the time any liability or Expense is incurred for which indemnification, reimbursement, or advancement of
Expenses can be provided under this Agreement. A Proceeding also includes a situation the Indemnitee believes in good faith may lead to or culminate in the institution of a Proceeding. 

(i) “Sponsor Entities” means (i) the Carlyle Stockholders, as defined in that certain Principal Stockholders Agreement, dated as
of [ 🌑 ], 2021, as amended, supplemented or otherwise modified from time to time, by and among the Company, Carlyle Partners VI Cayman Holdings, L.P., CEP IV Participations, S.à r.l. SICAR,
Gamma Holding Company Limited, and any other stockholder from time to time party thereto and (ii) any Person controlling, controlled by or under common control with any of the Carlyle Stockholders referenced in the preceding clause (i);
provided, however, that neither the Company nor any of its subsidiaries shall be considered Sponsor Entities hereunder. 

Section 3. Indemnity in Third-Party Proceedings. The Company will indemnify Indemnitee in accordance with the provisions of this
Section 3 if Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding, other than a Proceeding by or in the right of the Company to procure a judgment in its favor. Pursuant to this Section 3, the Company
will indemnify Indemnitee to the fullest extent permitted by applicable law against all Expenses, judgments, fines and amounts paid in settlement (including all interest, assessments and other charges paid or payable in connection with or in respect
of such Expenses, judgments, fines and amounts paid in settlement) actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good
faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company and, in the case of a criminal Proceeding had no reasonable cause to believe that Indemnitee’s conduct was unlawful. 

  
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 Section 4. Indemnity in Proceedings by or in the Right of the Company. The
Company will indemnify Indemnitee in accordance with the provisions of this Section 4 if Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding by or in the right of the Company to procure a judgment in its
favor. Pursuant to this Section 4, the Company will indemnify Indemnitee to the fullest extent permitted by applicable law against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with
such Proceeding or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company. The Company will not indemnify Indemnitee for
Expenses under this Section 4 related to any claim, issue or matter in a Proceeding for which Indemnitee has been finally adjudged by a court to be liable to the Company, unless, and only to the extent that, the Delaware Court of Chancery or
any court in which the Proceeding was brought determines upon application by Indemnitee that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnification.

 Section 5. Indemnification for Expenses of a Party Who is Wholly or Partly Successful. To the fullest extent permitted by
applicable law, the Company will indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee in connection with any Proceeding the extent that Indemnitee is successful, on the merits or otherwise. If Indemnitee is not
wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company will indemnify Indemnitee against all Expenses actually and reasonably
incurred by Indemnitee or on Indemnitee’s behalf in connection with or related to each successfully resolved claim, issue or matter to the fullest extent permitted by law. For purposes of this Section 5 and without limitation, the
termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, will be deemed to be a successful result as to such claim, issue or matter. 

Section 6. Indemnification For Expenses of a Witness. To the fullest extent permitted by applicable law, the Company will
indemnify Indemnitee against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection with any Proceeding to which Indemnitee is not a party but to which Indemnitee is a witness, deponent, interviewee,
or otherwise asked to participate. 
 Section 7. Partial Indemnification. If Indemnitee is entitled under any provision of this
Agreement to indemnification by the Company for some or a portion of Expenses, but not, however, for the total amount thereof, the Company will indemnify Indemnitee for the portion thereof to which Indemnitee is entitled. 

Section 8. Additional Indemnification. Notwithstanding any limitation in Sections 3, 4, or 5 of this Agreement, the Company will
indemnify Indemnitee to the fullest extent permitted by applicable law (including, but not limited to, the Law and any amendments to or replacements of the Law adopted after the date of this Agreement that expand the Company’s ability to
indemnify its directors and officers) if Indemnitee is a party to or threatened to be made a party to any Proceeding (including a Proceeding by or in the right of the Company to procure a judgment in its favor). 

Section 9. Exclusions. Notwithstanding any provision in this Agreement, the Company is not obligated under this Agreement to make
any indemnification payment to Indemnitee in connection with any Proceeding: 
 (a) for which payment has actually been made to or on behalf
of Indemnitee under any insurance policy or other indemnity provision, except to the extent provided in Section 15(b) of this Agreement and except with respect to any excess beyond the amount paid under any insurance policy or other indemnity
provision; or 

  
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 (b) for (i) an accounting of profits made from the purchase and sale (or sale and
purchase) by Indemnitee of securities of the Company within the meaning of Section 16(b) of the Exchange Act or similar provisions of applicable law, (ii) any reimbursement of the Company by the Indemnitee of any bonus or other
incentive-based or equity-based compensation or of any profits realized by the Indemnitee from the sale of securities of the Company, as required in each case under the Exchange Act (including any such reimbursements that arise from an accounting
restatement of the Company pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the “Sarbanes-Oxley Act”), or the payment to the Company of profits arising from the purchase and sale by Indemnitee of securities in violation of
Section 306 of the Sarbanes-Oxley Act) or (iii) any reimbursement of the Company by Indemnitee of any compensation pursuant to any compensation recoupment or clawback policy adopted by the Board or the compensation committee of the Board,
including but not limited to any such policy adopted to comply with stock exchange listing requirements implementing Section 10D of the Exchange Act; or 

(c) initiated by Indemnitee, including any Proceeding (or any part of any Proceeding) initiated by Indemnitee against the Company or its
directors, officers, employees or other indemnitees, unless (i) the Proceeding or part of any Proceeding is to enforce Indemnitee’s rights to indemnification or advancement, of Expenses, including a Proceeding (or any part of any
Proceeding) initiated pursuant to Section 14 of this Agreement, (ii) the Board authorized the Proceeding (or any part of any Proceeding) prior to its initiation or (iii) the Company provides the indemnification, in its sole
discretion, pursuant to the powers vested in the Company under applicable law. 
 Section 10. Advances of Expenses. 

(a) The Company will advance, to the extent not prohibited by law, the Expenses incurred by Indemnitee in connection with any Proceeding (or
any part of any Proceeding) not initiated by Indemnitee or any Proceeding (or any part of any Proceeding) initiated by Indemnitee if (i) the Proceeding or part of any Proceeding is to enforce Indemnitee’s rights to obtain indemnification
or advancement of Expenses from the Company or Enterprise, including a proceeding initiated pursuant to Section 14 of this Agreement or (ii) the Board authorized the Proceeding (or any part of any Proceeding) prior to its initiation. The
Company will advance the Expenses within 30 days after the receipt by the Company of a statement or statements requesting such advances from time to time, whether prior to or after final disposition of any Proceeding. 

(b) Advances will be unsecured and interest free. Indemnitee undertakes to repay the amounts advanced (without interest) to the extent that it
is ultimately determined that Indemnitee is not entitled to be indemnified by the Company, thus Indemnitee qualifies for advances upon the execution of this Agreement and delivery to the Company. No other form of undertaking is required other than
the execution of this Agreement. The Company will make advances without regard to Indemnitee’s ability to repay the Expenses and without regard to Indemnitee’s ultimate entitlement to indemnification under the other provisions of this
Agreement. 
 Section 11. Procedure for Notification of Claim for Indemnification or Advancement. 

(a) Indemnitee will notify the Company in writing of any Proceeding with respect to which Indemnitee intends to seek indemnification or
advancement of Expenses hereunder as soon as reasonably practicable following the receipt by Indemnitee of written notice thereof. Indemnitee will include in the written notification to the Company a description of the nature of the Proceeding and
the facts underlying the Proceeding and provide such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification following the
final disposition of such Proceeding. Indemnitee’s failure to notify the 

  
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Company will not relieve the Company from any obligation it may have to Indemnitee under this Agreement, and any delay in so notifying the Company will not constitute a waiver by Indemnitee of
any rights under this Agreement. The Secretary of the Company will, promptly upon receipt of such a request for indemnification or advancement, advise the Board in writing that Indemnitee has requested indemnification or advancement. 

(b) The Company will be entitled to participate in the Proceeding at its own expense. 

Section 12. Procedure Upon Application for Indemnification. 

(a) Unless a Change of Control has occurred, the determination of Indemnitee’s entitlement to indemnification will be made: 

i. by a majority vote of the Disinterested Directors, even though less than a quorum of the Board; 

ii. by a committee of Disinterested Directors designated by a majority vote of the Disinterested Directors, even though less than a quorum of
the Board; 
 iii. if there are no such Disinterested Directors or, if such Disinterested Directors so direct, by written opinion provided
by Independent Counsel selected by the Board; or 
 iv. if so directed by the Board, by the shareholders of the Company. 

(b) If a Change in Control has occurred, the determination of Indemnitee’s entitlement to indemnification will be made by written opinion
provided by Independent Counsel selected by Indemnitee (unless Indemnitee requests such selection be made by the Board). 
 (c) The party
selecting Independent Counsel pursuant to subsection (a)(iii) or (b) of this Section 12 will provide written notice of the selection to the other party. The notified party may, within ten days after receiving written notice of the
selection of Independent Counsel, deliver to the selecting party a written objection to such selection; provided, however, that such objection may be asserted only on the ground that the Independent Counsel so selected does not meet
the requirements of “Independent Counsel” as defined in Section 2 of this Agreement, and the objection will set forth with particularity the factual basis of such assertion. Absent a proper and timely objection, the person so selected
will act as Independent Counsel. If such written objection is so made and substantiated, the Independent Counsel so selected may not serve as Independent Counsel unless and until such objection is withdrawn or the Delaware Court of Chancery has
determined that such objection is without merit. If, within 30 days after the later of submission by Indemnitee of a written request for indemnification pursuant to Section 11(a) of this Agreement and the final disposition of the Proceeding,
Independent Counsel has not been selected or, if selected, any objection to has not been resolved, either the Company or Indemnitee may petition the Delaware Court of Chancery for the appointment as Independent Counsel of a person selected by such
court or by such other person as such court designates. Upon the due commencement of any judicial proceeding or arbitration pursuant to Section 14(a) of this Agreement, Independent Counsel will be discharged and relieved of any further
responsibility in such capacity (subject to the applicable standards of professional conduct then prevailing). 
 (d) Indemnitee will
cooperate with the person, persons or entity making the determination with respect to Indemnitee’s entitlement to indemnification, including providing to such person, persons or entity upon reasonable advance request any documentation or
information that is not privileged or otherwise protected from disclosure and that is reasonably available to Indemnitee and 

  
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reasonably necessary to such determination. The Company will advance and pay any Expenses incurred by Indemnitee in so cooperating with the person, persons or entity making the indemnification
determination irrespective of the determination as to Indemnitee’s entitlement to indemnification and the Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom. The Company promptly will advise Indemnitee in writing of the
determination that Indemnitee is or is not entitled to indemnification, including a description of any reason or basis for which indemnification has been denied, and providing a copy of any written opinion provided to the Board by Independent
Counsel. 
 (e) If it is determined that Indemnitee is entitled to indemnification, the Company will make payment to Indemnitee within 30
days after such determination. 
 Section 13. Presumptions and Effect of Certain Proceedings. 

(a) In making a determination with respect to entitlement to indemnification hereunder, the person or persons or entity making such
determination will, to the fullest extent not prohibited by law, presume Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with Section 11(a) of this
Agreement, and the Company will, to the fullest extent not prohibited by law, have the burden of proof to overcome that presumption. Neither the failure of the Company (including by its directors or Independent Counsel) to have made a determination
prior to the commencement of any action pursuant to this Agreement that indemnification is proper in the circumstances because Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company (including by its
directors or Independent Counsel) that Indemnitee has not met such applicable standard of conduct, will be a defense to the action or create a presumption that Indemnitee has not met the applicable standard of conduct. 

(b) If the determination of the Indemnitee’s entitlement to indemnification has not made pursuant to Section 12 of this Agreement
within 60 days after the later of (i) receipt by the Company of Indemnitee’s request for indemnification pursuant to Section 11(a) of this Agreement and (ii) the final disposition of the Proceeding for which Indemnitee requested
Indemnification (the “Determination Period”), the requisite determination of entitlement to indemnification will, to the fullest extent not prohibited by law, be deemed to have been made and Indemnitee will be entitled to such
indemnification, absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection with the request for indemnification, or
(ii) a prohibition of such indemnification under applicable law. The Determination Period may be extended for a reasonable time, not to exceed an additional 30 days, if the person, persons or entity making the determination with respect to
entitlement to indemnification in good faith requires such additional time for the obtaining or evaluating of documentation and/or information relating thereto; provided that the Determination Period may be extended an additional 15 days if
the determination of entitlement to indemnification is to be made by the shareholders pursuant to Section 12(a)(iv) of this Agreement. 

(c) The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction, or upon a plea of
nolo contendere or its equivalent, will not (except as otherwise expressly provided in this Agreement) of itself adversely affect the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith and
in a manner which Indemnitee reasonably believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee had reasonable cause to believe that Indemnitee’s conduct was unlawful.

  
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 (d) For purposes of any determination of good faith, Indemnitee will be deemed to have acted
in good faith if Indemnitee acted based on the records or books of account of the Company, its subsidiaries, or an Enterprise, including financial statements, or on information supplied to Indemnitee by the directors or officers of the Company, its
subsidiaries, or an Enterprise in the course of their duties, or on the advice of legal counsel for the Company, its subsidiaries, or an Enterprise or on information or records given or reports made to the Company or an Enterprise by an independent
certified public accountant or by an appraiser, financial advisor or other expert selected with reasonable care by or on behalf of the Company, its subsidiaries, or an Enterprise. Further, Indemnitee will be deemed to have acted in a manner
“not opposed to the best interests of the Company,” as referred to in this Agreement, if Indemnitee acted in good faith and in a manner Indemnitee reasonably believed to be in the best interests of the participants and beneficiaries of an
employee benefit plan. The provisions of this Section 13(d) is not exclusive and does not limit in any way the other circumstances in which the Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement.

 (e) The knowledge and/or actions, or failure to act, of any director, officer, trustee, partner, managing member, fiduciary, agent or
employee of the Enterprise may not be imputed to Indemnitee for purposes of determining Indemnitee’s right to indemnification under this Agreement. 

Section 14. Remedies of Indemnitee. 

(a) Indemnitee may commence litigation against the Company in the Delaware Court of Chancery to obtain indemnification or advancement of
Expenses provided by this Agreement in the event that (i) a determination is made pursuant to Section 12 of this Agreement that Indemnitee is not entitled to indemnification under this Agreement, (ii) the Company does not advance
Expenses pursuant to Section 10 of this Agreement, (iii) the determination of entitlement to indemnification is not made pursuant to Section 12 of this Agreement within the Determination Period, (iv) the Company does not
indemnify Indemnitee pursuant to Section 5 or 6 or the second to last sentence of Section 12(d) of this Agreement within 30 days after receipt by the Company of a written request therefor, (v) the Company does not indemnify Indemnitee
pursuant to Section 3, 4, 7, or 8 of this Agreement within 30 days after a determination has been made that Indemnitee is entitled to indemnification, or (vi) in the event that the Company or any other person takes or threatens to take any
action to declare this Agreement void or unenforceable, or institutes any litigation or other action or Proceeding designed to deny, or to recover from, the Indemnitee the benefits provided or intended to be provided to the Indemnitee hereunder.
Alternatively, Indemnitee, at Indemnitee’s option, or the Company, at the Company’s option, may seek an award in arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of the American Arbitration
Association. Indemnitee or the Company, as applicable, must commence such Proceeding seeking an adjudication or an award in arbitration within 180 days following the date on which Indemnitee first has the right to commence such Proceeding pursuant
to this Section 14(a); provided, however, that the foregoing clause does not apply in respect of a Proceeding brought by Indemnitee to enforce Indemnitee’s rights under Section 5 of this Agreement. The Company will not
oppose Indemnitee’s right, and Indemnitee will not oppose the Company’s right, to seek any such adjudication or award in arbitration. 

(b) If a determination is made pursuant to Section 12 of this Agreement that Indemnitee is not entitled to indemnification, any judicial
proceeding or arbitration commenced pursuant to this Section 14 will be conducted in all respects as a de novo trial, or arbitration, on the merits and Indemnitee may not be prejudiced by reason of that adverse determination. In any
judicial proceeding or arbitration commenced pursuant to this Section 14 the Company will have the burden of proving Indemnitee is not entitled to indemnification or advancement of Expenses, as the case may be, and will not introduce evidence
of the determination made pursuant to Section 12 of this Agreement. 

  
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 (c) If a determination is made pursuant to Section 12 of this Agreement that Indemnitee
is entitled to indemnification, the Company will be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section 14, absent (i) a misstatement by Indemnitee of a material fact, or an omission of
a material fact necessary to make Indemnitee’s statement not materially misleading, in connection with the request for indemnification, or (ii) a prohibition of such indemnification under applicable law. 

(d) The Company is, to the fullest extent not prohibited by law, precluded from asserting in any judicial proceeding or arbitration commenced
pursuant to this Section 14 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and will stipulate in any such court or before any such arbitrator that the Company is bound by all the provisions of this
Agreement. 
 (e) It is the intent of the Company that, to the fullest extent permitted by law, the Indemnitee not be required to incur legal
fees or other Expenses associated with the interpretation, enforcement or defense of Indemnitee’s rights under this Agreement by litigation or otherwise because the cost and expense thereof would substantially detract from the benefits intended
to be extended to the Indemnitee hereunder. The Company, to the fullest extent permitted by law, will (within 30 days after receipt by the Company of a written request therefor) advance to Indemnitee such Expenses which are incurred by Indemnitee in
connection with any action concerning this Agreement, Indemnitee’s right to indemnification or advancement of Expenses from the Company, or concerning any directors’ and officers’ liability insurance policies maintained by the
Company, and will indemnify Indemnitee against any and all such Expenses unless the court determines that each of the Indemnitee’s claims in such action were made in bad faith or were frivolous or are prohibited by law. 

Section 15. Non-exclusivity; Survival of Rights; Insurance; Subrogation. 

(a) The indemnification and advancement of Expenses provided by this Agreement are not exclusive of any other rights to which Indemnitee may at
any time be entitled under applicable law, the Articles, any agreement, a vote of shareholders or a resolution of directors, or otherwise. The indemnification and advancement of Expenses provided by this Agreement may not be limited or restricted by
any amendment, alteration or repeal of this Agreement in any way with respect to any action taken or omitted by Indemnitee in Indemnitee’s Corporate Status occurring prior to any amendment, alteration or repeal of this Agreement. To the extent
that a change in applicable law, whether by statute or judicial decision, permits greater indemnification or advancement of Expenses than would be afforded currently under the Articles or this Agreement, it is the intent of the parties hereto that
Indemnitee enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right and remedy is cumulative and in addition to every
other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, will not prevent the concurrent assertion or employment of any other
right or remedy. 
 (b) The Company hereby acknowledges that Indemnitee may have certain rights to indemnification, advancement of Expenses
and/or insurance provided by one or more other Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities). The relationship between the Company and such other Persons, other than an Enterprise, with
respect to the Indemnitee’s rights to indemnification, advancement of Expenses, and insurance is described by this subsection, subject to the provisions of subsection (d) of this Section 15 with respect to a Proceeding concerning
Indemnitee’s Corporate Status with an Enterprise. 
 i. The Company hereby acknowledges and agrees: 

  
 -10- 

 1) the Company is the indemnitor of first resort with respect to any request for
indemnification or advancement of Expenses made pursuant to this Agreement concerning any Proceeding; 
 2) the Company is primarily liable
for all indemnification and indemnification or advancement of Expenses obligations for any Proceeding, whether created by law, organizational or constituent documents, contract (including this Agreement) or otherwise; 

3) any obligation of any other Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities)
to indemnify Indemnitee and/or advance Expenses to Indemnitee in respect of any proceeding are secondary to the obligations of the Company’s obligations; 

4) the Company will indemnify Indemnitee and advance Expenses to Indemnitee hereunder to the fullest extent provided herein without regard to
any rights Indemnitee may have against any other Person with whom or which Indemnitee may be associated (including, any Sponsor Entities) or insurer of any such Person; and 

ii. the Company irrevocably waives, relinquishes and releases (A) any other Person with whom or which Indemnitee may be associated
(including, without limitation, any Sponsor Entities) from any claim of contribution, subrogation, reimbursement, exoneration or indemnification, or any other recovery of any kind in respect of amounts paid by the Company to Indemnitee pursuant to
this Agreement and (B) any right to participate in any claim or remedy of Indemnitee against any Person (including, without limitation, any Sponsor Entities), whether or not such claim, remedy or right arises in equity or under contract,
statute or common law, including, without limitation, the right to take or receive from any Person (including, without limitation, any Sponsor Entities), directly or indirectly, in cash or other property or by
set-off or in any other manner, payment or security on account of such claim, remedy or right. 

iii. In the event any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities) or
their insurers advances or extinguishes any liability or loss for Indemnitee, the payor has a right of subrogation against the Company or its insurers for all amounts so paid which would otherwise be payable by the Company or its insurers under this
Agreement. In no event will payment by any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities) or their insurers affect the obligations of the Company hereunder or shift primary
liability for the Company’s obligation to indemnify or advance of Expenses to any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entities). 

iv. Any indemnification or advancement of Expenses provided by any other Person with whom or which Indemnitee may be associated (including,
without limitation, any Sponsor Entities) is specifically in excess over the Company’s obligation to indemnify and advance Expenses or any valid and collectible insurance (including but not limited to any malpractice insurance or professional
errors and omissions insurance) provided by the Company. 
 (c) To the extent that the Company maintains an insurance policy or policies
providing liability insurance for directors, officers, employees or agents of the Company, the Company will obtain a policy or policies covering Indemnitee to the maximum extent of the coverage available for any such director, officer, employee or
agent under such policy or policies, including coverage in the event the Company does not or cannot, for any reason, indemnify or advance Expenses to Indemnitee as required by 

  
 -11- 

 
this Agreement. If, at the time of the receipt of a notice of a claim pursuant to this Agreement, the Company has director and officer liability insurance in effect, the Company will give prompt
notice of such claim or of the commencement of a Proceeding, as the case may be, to the insurers in accordance with the procedures set forth in the respective policies. The Company will thereafter take all necessary or desirable action to cause such
insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. Indemnitee agrees to assist the Company efforts to cause the insurers to pay such amounts and will comply
with the terms of such policies, including selection of approved panel counsel, if required. 
 (d) The Company’s obligation to
indemnify or advance Expenses hereunder to Indemnitee for any Proceeding concerning Indemnitee’s Corporate Status with an Enterprise will be reduced by any amount Indemnitee has actually received as indemnification or advancement of Expenses
from such Enterprise. The Company and Indemnitee intend that any such Enterprise (and its insurers) be the indemnitor of first resort with respect to indemnification and advancement of Expenses for any Proceeding related to or arising from
Indemnitee’s Corporate Status with such Enterprise. The Company’s obligation to indemnify and advance Expenses to Indemnitee is secondary to the obligations the Enterprise or its insurers owe to Indemnitee. Indemnitee agrees to take all
reasonably necessary and desirable action to obtain from an Enterprise indemnification and advancement of Expenses for any Proceeding related to or arising from Indemnitee’s Corporate Status with such Enterprise. 

(e) In the event of any payment made by the Company under this Agreement, the Company will be subrogated to the extent of such payment to all
of the rights of recovery of Indemnitee from any Enterprise or insurance carrier. Indemnitee will execute all papers required and take all action necessary to secure such rights, including execution of such documents as are necessary to enable the
Company to bring suit to enforce such rights. 
 Section 16. Duration of Agreement. This Agreement continues until and
terminates upon the later of: (a) 10 years after the date that Indemnitee ceases to have a Corporate Status or (b) one year after the final termination of any Proceeding then pending in respect of which Indemnitee is granted rights of
indemnification or advancement of Expenses hereunder and of any Proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement relating thereto. The indemnification and advancement of Expenses rights provided by or granted pursuant
to this Agreement are binding upon and be enforceable by the parties hereto and their respective successors and assigns (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially all of the
business or assets of the Company), continue as to an Indemnitee who has ceased to be a director, officer, employee or agent of the Company or of any other Enterprise, and inure to the benefit of Indemnitee and Indemnitee’s spouse, assigns,
heirs, devisees, executors and administrators and other legal representatives. 
 Section 17. Severability. If any provision or
provisions of this Agreement is held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including without limitation, each portion of
any Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) will not in any way be affected or impaired thereby and remain enforceable to the fullest
extent permitted by law; (b) such provision or provisions will be deemed reformed to the extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent
possible, the provisions of this Agreement (including, without limitation, each portion of any Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or
unenforceable) will be construed so as to give effect to the intent manifested thereby. 

  
 -12- 

 Section 18. Interpretation. Any ambiguity in the terms of this Agreement will be
resolved in favor of Indemnitee and in a manner to provide the maximum indemnification and advancement of Expenses permitted by law. The Company and Indemnitee intend that this Agreement provide to the fullest extent permitted by law for
indemnification and advancement in excess of that expressly provided, without limitation, by the Certificate of Incorporation, the Bylaws, vote of the Company shareholders or disinterested directors, or applicable law. 

Section 19. Enforcement. 

(a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order
to induce Indemnitee to serve as a director or officer of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving or continuing to serve as a director or officer of the Company. 

(b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all
prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof; provided, however, that this Agreement is a supplement to and in furtherance of the Articles and
applicable law, and is not a substitute therefor, nor to diminish or abrogate any rights of Indemnitee thereunder. 
 Section 20.
Modification and Waiver. No supplement, modification or amendment of this Agreement is binding unless executed in writing by the parties hereto. No waiver of any of the provisions of this Agreement will be deemed or constitutes a waiver of
any other provisions of this Agreement nor will any waiver constitute a continuing waiver. 
 Section 21. Notice by Indemnitee.
Indemnitee agrees promptly to notify the Company in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification or
advancement of Expenses covered hereunder. The failure of Indemnitee to so notify the Company does not relieve the Company of any obligation which it may have to the Indemnitee under this Agreement or otherwise. 

Section 22. Notices. All notices, requests, demands and other communications under this Agreement will be in writing and will be
deemed to have been duly given if (a) delivered by hand to the other party, (b) sent by reputable overnight courier to the other party or (c) sent by facsimile transmission or electronic mail, with receipt of oral confirmation that
such communication has been received: 
 (a) If to Indemnitee, at the address indicated on the signature page of this Agreement, or such
other address as Indemnitee provides to the Company. 
 (b) If to the Company to: 

Atotech Limited 
 William
Street, West Bromwich 
 West Midlands, B70 0BG 

United Kingdom 
 Attention:
General Counsel 
 Fax: [ 🌑 ] 

[Email: [ 🌑 ]] 

  
 -13- 

 with a copy, which shall not constitute notice, to: 

The Carlyle Group 
 1001
Pennsylvania Avenue, NW 
 Washington, DC 20004-2505 

Attention: [ 🌑 ] 

and 
 Latham & Watkins
LLP 
 555 Eleventh Street, NW 

Suite 1000 
 Washington, DC
20004-1304 
 Attention: Patrick H. Shannon, Esq. 

Telephone: (202) 637-2200 

or to any other address as may have been furnished to Indemnitee by the Company. 

Section 23. Contribution. To the fullest extent permissible under applicable law, if the indemnification provided for in this
Agreement is unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, will contribute to the amount incurred by Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be
paid in settlement and/or for Expenses, in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to
reflect (i) the relative benefits received by the Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding; and/or (ii) the relative fault of the Company (and its directors, officers,
employees and agents) and Indemnitee in connection with such event(s) and/or transaction(s). 
 Section 24. Applicable Law and
Consent to Jurisdiction. This Agreement and the legal relations among the parties are governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. Except with
respect to any arbitration commenced by Indemnitee pursuant to Section 14(a) of this Agreement, the Company and Indemnitee hereby irrevocably and unconditionally (i) agree that any action or Proceeding arising out of or in connection with
this Agreement may be brought only in the Delaware Court of Chancery and not in any other state or federal court in the United States of America or court in any other country, (ii) consent to submit to the exclusive jurisdiction of the Delaware
Court of Chancery for purposes of any action or Proceeding arising out of or in connection with this Agreement, (iii) waive any objection to the laying of venue of any such action or Proceeding in the Delaware Court of Chancery, and
(iv) waive, and agree not to plead or to make, any claim that any such action or Proceeding brought in the Delaware Court of Chancery has been brought in an improper or inconvenient forum. 

Section 25. Identical Counterparts. This Agreement may be executed in one or more counterparts, each of which will for all
purposes be deemed to be an original but all of which together constitutes one and the same Agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this
Agreement. 
 Section 26. Third-Party Beneficiaries. The Sponsor Entities are intended third-party beneficiaries of this
Agreement. 

  
 -14- 

 Section 27. Headings. The headings of this Agreement are inserted for
convenience only and do not constitute part of this Agreement or affect the construction thereof. 
 [Signature Pages Follow] 

  
 -15- 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be signed as of the day and
year first above written. 
  

			
	Atotech Limited
		
	By:	 	  

		 	Name:
		 	Title:

 [Signature Page to Indemnification Agreement] 

 
			
	Indemnitee
		
	By:	 	  

		 	Name:
		 	Address:

 [Signature Page to Indemnification Agreement]EX-10.19

 Exhibit 10.19 

Atotech UK Topco Limited 
 c/o
Lansdowne House 
 57, Berkeley Square, Mayfair 

London W1J 6ER 
 United Kingdom 

[Options holder’s name] 
 [Options holder’s
address] 
 [Date] 2017 
 Re. Atotech UK Topco
Limited Options Plan 
 Dear [name of options holder], 

I am pleased to let you know that it has been decided by the board of directors (the Board) of Atotech UK Topco Limited (the
Company) on [date] 2017, in its sole discretion, to grant you [●] options to acquire ordinary shares in the capital of the Company (the Shares) in accordance with the terms and conditions attached hereto
(the Options). 
 If you decide to accept the grant of the Options, please sign, date and return the duplicate of this letter enclosed
with this letter to the following email address: [●]. 
 By signing the duplicate of this letter, you expressly agree to be bound by its provisions
(including the terms and conditions of the Options attached hereto). If the duplicate of this letter is not returned to us within 30 days from the date of this letter, the grant of the Options will be deemed to have been irrevocably declined and the
Options will be treated as if they had never been granted. 
 This Letter may be executed in any number of counterparts, and by you and the Company on
separate counterparts. Each counterpart is an original, but all counterparts shall together constitute one and the same instrument. Delivery of a counterpart of this letter by e-mail attachment shall be an
effective mode of delivery. 
 Yours sincerely, 
  

			
	ATOTECH UK TOPCO LIMITED
		
	By:	 	
                     

	Name:
	Title:

  

 I hereby accept the grant of the Options and expressly agree to be bound by the provisions of this letter
(including the terms and conditions of the Options attached hereto). 
  

			
	By:	 	              

	Name:
	Title:

  
 2|12 

 TERMS AND CONDITIONS OF THE OPTIONS 

 

	 	1.	 Definitions 

In these terms and conditions, unless the context otherwise requires, the expressions set forth in Schedule 1 shall have the meanings set forth therein.

  

	 	2.	 Conditions to Exercise of the Options 

Your Options will become exercisable in connection with the occurrence of an Exit Event, in accordance with the provisions of this paragraph 2 and paragraphs
3, 4 and 5. The number of Options becoming exercisable in connection with an Exit Event will be determined as follows: 
  

	 	•	 	 if, as a result of a Trade Sale or a Secondary Offering, the Financial Investors hold or would hold
together, directly or indirectly, securities representing less than 25% of the securities issued by the Company, 100% of your Options will become exercisable in connection with such Trade Sale or Secondary Offering; 

 

	 	•	 	 if, as a result of a Trade Sale, the Financial Investors hold or would hold together, directly or
indirectly, securities representing less than 50% but not less than 25% of the securities issued by the Company, a portion of your Options will become exercisable in connection with such Trade Sale, such portion being equal to: (i) the
value of “P” (as determined below) multiplied by (ii) the percentage of securities (out of the aggregate number of securities owned by the Financial Investors) sold by the Financial Investors as part of such Trade Sale; or

  

	 	•	 	 if a Secondary Offering occurs, a portion of your Options will become exercisable in connection
with such Secondary Offering, such portion being equal to the lower of (i) the value of “P” (as determined below) multiplied by the total number of Options granted to you and (ii) the percentage of securities (out of the
aggregate number of securities owned by the Financial Investors) sold by the Financial Investors as part of such Secondary Offering. 

For the purpose of this paragraph 2, the value of P shall be determined as follows: 
  

					
	 Anniversary since the Grant Date
	  	P value	 
	 1st
	  	 	20	% 
	 2nd
	  	 	40	% 
	 3rd
	  	 	60	% 
	 4th or more
	  	 	80	% 

  
 3|12 

 For the purpose of this paragraph 2: 

 

	 	•	 	 when determining the value of P, only full years will be taken into account (e.g., if an Exit Event occurs 18
months after the Grant Date, P will be equal to 20%); 

  

	 	•	 	 if, as a result of a Trade Sale, the Financial Investors hold, together, directly or indirectly, securities
representing at least 50% of the securities issued by the Company, no Options shall be exercisable as a result of such Trade Sale; 

  

	 	•	 	 all references to a portion or a percentage of your Options will be determined on the basis of the total number
of Options granted to you on the Grant Date (or, if you become a Good Leaver, the total number of Options which have not lapsed in accordance with paragraph 6 upon the occurrence of the Good Leaver Event) and not, for the avoidance of doubt, the
number of Options outstanding at the time of such determination; and 

  

	 	•	 	 in the event that you become a Good Leaver, the provisions of this paragraph 2 shall apply only to your
outstanding Options not lapsed pursuant to paragraph 6 below. 

 In addition, in the event that there are several Exit Events at different
points in time, you shall be entitled to exercise, in aggregate, the number of Options which you would have been entitled to exercise had there been only one Exit Event (for the cumulative percentage of securities issued by the Company securities
sold by the Financial Investors) at the time of the last Exit Event (the Catch-up Right). For the avoidance of doubt you shall not be entitled to exercise any Options under this paragraph which
have previously become exercisable in connection with a previous Exit Event 
 For illustrative purposes, a numerical example of the calculation of the
number of Options exercisable is set forth in Schedule 2. This example is not a representation on future profits and actual profits, to the extent profits are realised, may differ from this example. 

Notwithstanding any other provision of these terms and conditions, no Option may be exercised more than 10 years after its Grant Date, and any Option that
remains unexercised on the 10th anniversary of its Grant Date shall automatically lapse without any compensation or indemnity whatsoever being due. 

 

	 	3.	 Period of Exercise of the Options 

The Options will be exercisable, subject to and in accordance with the provisions of paragraphs 2, 4, 5 and 6, either: 

 

	 	•	 	 in case of a Trade Sale, by delivering a notice of exercise pursuant to paragraph 5 within a 30-day period from the date of notice by the Company or the Financial Investors of the occurrence or expected occurrence of such Trade Sale (the Notice of a Trade Sale); and 

 

	 	•	 	 in case of Secondary Offering, by delivering a notice of exercise pursuant to paragraph 5 within a 30-day period from the date of notice by the Company or the Financial Investors of the occurrence or expected occurrence of such Secondary Offering (the Notice of a Secondary Offering), (the
Exercise Period). 

  
 4|12 

 Any Options which become exercisable and which are not exercised within the Exercise Period shall lapse
automatically upon the expiry of the Exercise Period without any compensation or indemnity whatsoever being due. 
 Notwithstanding and without prejudice to
the requirement that you exercise your Options within the Exercise Period, any exercise of Options shall be subject to completion of the Trade Sale or Secondary Offering (as applicable) and shall take effect simultaneously with such completion (and
shall be of no force and effect if such completion fails to occur). 
  

	 	4.	 Exercise Price 

a. Initial Exercise Price 
 The exercise
price of the Options shall correspond, for each Option, to USD [amount determined by the Board, corresponding to value of the Shares at the Grant Date; such amount shall be USD 1 per Share for the first Options] (the Exercise
Price). The Exercise Price shall be paid by you upon and subject to exercise of all or part the Options, in accordance with the provisions of paragraph 5. 

b. Adjustments to the Exercise Price 
 The
Exercise Price may be adjusted by the Board in accordance with the provisions of paragraphs 10 and/or 12. The final Exercise Price, taking into account such adjustments, shall be notified to you by the Company in the Notice of a Trade Sale or in the
Notice of a Secondary Offering, as applicable. 
 c. Payment of the Exercise Price 

The Exercise Price shall be payable in accordance with paragraph 5. You agree that the Company shall be entitled to notify you in the Notice of a Trade Sale of
in the Notice of a Secondary Offering, that the Exercise Price shall be paid by you by way of set off against any payment owed to you pursuant to paragraph 9 in connection with the sale of Shares resulting from the exercise of your Options or the
cash settlement of such Options. 
  

	 	5.	 Procedure for exercise 

You (or, in accordance with paragraph 6 below, your heirs) can exercise all or part of your Options exercisable pursuant to paragraph 2 during the Exercise
Period by: 
  

	 	•	 	 sending to the following address (or any other address notified to you by the Company) the notice of exercise
attached to the Notice of a Trade Sale or the Notice of a Secondary Offering (a template of which is attached as Schedule 3) duly completed and executed: Atotech UK Topco Limited, To the attention of the Company Secretary, c/o Lansdowne
House, 57, Berkeley Square, Mayfair, London W1J 6ER, United Kingdom; and 

  
 5|12 

	 	•	 	 remitting, during the Exercise Period, through a wire transfer in favour of the bank account designated by the
Company an amount (the Exercise Payment) corresponding to: 

  

	 	•	 	 the aggregate Exercise Price for the Options in respect of which the notice of exercise is given;

  

	 	•	 	 plus the amount of any Tax owed by you pursuant to 13 below; 

 

	 	•	 	 less any part of the aforementioned amounts that shall be set off or retained pursuant to paragraphs 4c
and/or 13 (it being provided that the amount of the Exercise Payment may accordingly be €0, in which case no Exercise Payment shall be made). 

  

	 	6.	 Termination of employment 

You shall be considered as a Good Leaver for the purpose of these terms and conditions if your employment with the Company or one of its direct
or indirect subsidiaries is terminated as a result of: 
  

	 	•	 	 your death; 

  

	 	•	 	 your permanent disability or your serious illness (as evidenced to the satisfaction of the Board);

  

	 	•	 	 your retirement after the applicable legal age qualifying for full retirement benefits (as evidenced to the
satisfaction of the Board); 

  

	 	•	 	 the sale of the business division or part thereof you work in for the majority of your time and your resulting
departure of the Atotech group in order to continue to work for the sold business or part thereof (the date of occurrence of such Good Leaver Event being deemed to be the date of completion of the sale of the business division or part thereof); or

  

	 	•	 	 such other reason as the Board may in its absolute discretion determine (a Board Decision), (each,
a Good Leaver Event). 

 Upon occurrence of a Good Leaver Event, you shall be entitled to keep the following portion of the
Options which have not been already exercised (it being provided that any Option that you are not entitled to keep pursuant to this paragraph 6 shall automatically lapse (and shall no longer be exercisable) without any compensation or indemnity
whatsoever being due): 
  

	 	•	 	 80% if the Good Leaver Event occurs on or after the fourth anniversary of the Grant Date (it being provided, for
the avoidance of doubt, that in no event shall such percentage be more than 80%, regardless of the number of years since the Grant Date); 

  

	 	•	 	 60% if the Good Leaver Event occurs between the third anniversary (inclusive) and the fourth anniversary
(exclusive) of the Grant Date; 

  

	 	•	 	 40% if the Good Leaver Event occurs between the second anniversary (inclusive) and the third anniversary
(exclusive) of the Grant Date; 

  
 6|12 

	 	•	 	 20% if the Good Leaver Event occurs between the first anniversary (inclusive) and the second anniversary
(exclusive) of the Grant Date; and 

  

	 	•	 	 0% if the Good Leaver Event occurs before the first anniversary of the Grant Date, 

save that if your employment terminates by reason of an event which is determined to be a Good Leaver Event in accordance with a Board Decision, the Board
may, in its absolute discretion, adjust (up or down) the portion of your Options that you shall be entitled to keep. 
 In the event that your employment
with the Company or one of its direct or indirect subsidiaries is terminated and you do not qualify as a Good Leaver, all the Options which have not been already exercised shall automatically lapse (and shall no longer be exercisable) without any
compensation or indemnity whatsoever being due.     
 For the avoidance of doubt, any Options which you are entitled to keep in
accordance with this paragraph 8 shall not become exercisable in connection with any Good Leaver Event and shall only become exercisable in accordance with paragraph 2 above. 
  

	 	7.	 Delivery of Shares 

Each Option will, upon exercise, entitle you to receive one fully paid Share. Within 30 days from the later of the date of receipt of the notice of
exercise of the Options and the date of completion of the relevant Exit Event (provided that you have remitted the aggregate Exercise Price for the Shares in accordance with paragraph 5 above), the Financial Investors shall (subject to the
provisions of paragraph 9) deliver or shall procure the delivery to you a number of fully paid Shares corresponding to the number of Options exercised. 
  

	 	8.	 Rights upon Exercise 

The Shares you shall receive upon exercise of your Options will be subject to all the provisions of the articles of association of the Company in force from
time to time including, for the avoidance of doubt, article 12 (Drag Along) (it being provided that the provisions of articles 13 (Tag Along), 14 (Catch-up Right) and 15 (Subsequent price complement) of the
articles of association of the Company shall not apply to the Options nor to the Shares resulting from the exercise of the Options), and will entitle you to participate in all dividends and other distributions paid or made on or after the date of
your receipt of such Shares in accordance with paragraph 7. 
  

	 	9.	 Obligation to transfer the Shares or Cash Settle the Options 

You hereby agree that you shall immediately (or, at the option of the Company, at the same time as the transfer by the Financial Investors, of their securities
in the Company to the third party purchaser) sell the Shares resulting from an exercise of your Options in connection with the occurrence of a Trade Sale at their Fair Market Value to the relevant third party purchaser of securities owned by the
Financial Investors, or, upon request of the Financial Investors, to the Financial Investors. You hereby agree that the Financial Investors may, at their discretion, satisfy the exercise of your Options by paying or procuring the payment to you of a
cash sum equal to the aggregate Fair Market Value of the Shares in relation to which you have exercised Options, subject to such deductions for Tax that may be required by applicable law and, in such circumstances you shall have no entitlement to
receive any Shares or cash proceeds on the sale of any such Shares. 

  
 7|12 

 For the purpose of this paragraph 9, the Fair Market Value of the Shares shall amount to the
valuation of ordinary shares sold by the other shareholders of the Company in the context of the relevant Trade Sale, as determined by the Board. 
 For the
avoidance of doubt, you may elect to sell (through your own means) or keep the Shares obtained as a result of the exercise of Options in the context of a Secondary Offering. 
  

	 	10.	 Transaction costs 

Upon occurrence of an Exit Event, the Board may, at its own discretion, decide to (i) increase the Exercise Price, or (ii) reduce the proceeds to be
received by you upon the sale of your Shares or the exercise of your Options, in each case so that a portion of the transaction costs incurred by the Financial Investors (and as the case may be participants in the management equity plan at the level
of the Company), determined on a pro rata basis of the portion of the capital of the Company represented by the Shares to which your Options entitle you, be effectively borne by you. 

 

	 	11.	 IPO 

If there is an internal reorganisation in contemplation of an IPO the purpose and effect of which, together with any associated transactions, is to create a
new direct or indirect holding company for the Company, such company having substantially the same shareholders and proportionate shareholdings as those of the Company immediately prior to such reorganisation, unless the Board determines otherwise
in its absolute discretion, all Options will in such circumstances be exchanged for equivalent new options over shares in the new holding company and these terms and conditions shall be construed as if: 

 

	 	•	 	 the new options were Options granted under these terms and conditions at the Grant Date; 

 

	 	•	 	 references to the Company were references to the new holding company; 

 

	 	•	 	 references to the Board were references to the board of directors of the new holding company or any duly
authorised committee thereof; and 

  

	 	•	 	 references to Shares were references to shares in the new holding company. 

 

	 	12.	 Dilutive events 

In the event of an extraordinary cash distribution by the Company, or recapitalisation of the Company, the Board shall decide an adjustment of the Exercise
Price of the outstanding Options to reflect the decrease of the value of the Company resulting from the relevant cash distribution or recapitalisation. 

  
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	 	13.	 Tax 

You agree that, unless expressly prohibited by mandatory law or regulation, the Board may request you to pay to the Company or to the entity designated by the
Company an amount corresponding to any tax, duties, levies or imposts (including any payroll, employment and social security tax) that may be borne or paid by the Company or one of its direct or indirect subsidiaries or the Financial Investors in
connection with the grant of the Options, their exercise or the subsequent delivery of the Shares or the cash settlement of the Options (the Tax). You also agree that the amount of such Tax may, at the Board’s discretion, be
(i) paid together with the Exercise Price, (ii) retained from or be set off against the salary paid to you by the Company or one of its direct or indirect subsidiaries and/or (iii) retained from or be set off against any payment owed
to you pursuant to paragraph 9 in connection with the sale of Shares resulting from the exercise of your Options or the cash settlement of such Options. 
  

	 	14.	 Section 409A 

The intent is that the obligations set forth in these terms and conditions be exempt from Section 409A of the Internal Revenue Code of 1986, as amended,
and the regulations and guidance promulgated thereunder. 
  

	 	15.	 Administration 

All determinations in connection with the Options will be made by the Board, at its sole discretion, after consultation with the group Chief Executive Officer.
The Board may delegate such power to any person or entity it decides. 
  

	 	16.	 Assignment 

The Options are non-transferable, it being provided that in case of death, your heirs may exercise the Options in
accordance with paragraph 6. 
  

	 	17.	 Confidentiality 

You shall keep the content of these terms and conditions as well as any information relating to the Options confidential at all times, save that you may
disclose such terms and conditions to your financial and/or legal adviser on a confidential basis for the purposes of seeking advice. 
  

	 	18.	 Governing law 

These terms and conditions and any non-contractual obligations arising out of, or in connection with, these terms and
conditions or the Options shall be governed by, and interpreted in accordance with, English law. 
 The courts of England and Wales shall have exclusive
jurisdiction in relation to all disputes in connection with these terms and conditions or the Options. For these purposes you and the Company irrevocably submit to the jurisdiction of the English courts and waive any objection to the exercise of
that jurisdiction. 

  
 9|12 

 Schedule 1 – Definitions 

Exit Event means either a Trade Sale or a Secondary Offering, it being provided for the avoidance of doubt that (i) in no event shall any
sale of securities in the context of an IPO qualify as an Exit Event and (ii) a transfer of securities to an entity which is controlled by some or all of the Financial Investors shall not qualify as an Exit Event; 

Financial Investors means CEP IV Participations S.à r.l., SICAR, Carlyle Partners VI Cayman Holdings L.P. and Gamma Holding Company
Limited; 
 Grant Date means the date of the letter to which these terms and conditions are attached; 

Initial Public Offering or IPO means the admission of the whole of any class of the issued share capital of the Company or a
direct or indirect holding company of the Company or any of the direct or indirect subsidiaries of the Company that hold substantially all of the assets directly or indirectly owned by the Company to the Official List of the Financial Conduct
Authority, and to trading on the London Stock Exchange’s market for listed securities, or to trading on the Alternative Investment Market of the London Stock Exchange, or on any other recognised investment exchange (as defined in section 285(1)
of the FSMA) or overseas equivalent (such as, without limitation, the New York Stock Exchange, Euronext, the Frankfurt Stock Exchange, or the Hong Kong Stock Exchange); 

Secondary Offering means any sale by the Financial Investors to any third party of securities issued by the Company taking place after an
IPO; and 
 Trade Sale means any sale by the Financial Investors to any third party of securities issued by the Company taking place prior to
an IPO. 

  
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 Schedule 3 – Notice of Exercise 

 

	To:	 Atotech UK Topco Limited 

To the attention of the Company Secretary 

c/or Lansdowne House 
 57,
Berkeley Square, Mayfair 
 London W1J 6ER 

United Kingdom 
  

	From:	 [name] 

[address] 
 Dear Sir or Madam, 

I hereby refer to (i) your letter dated [date] regarding Atotech UK Topco Limited Stock Option Plan and the terms and conditions attached to it
(together, the Options Letter) and (ii) the [Notice of a Trade Sale] / [Notice of a Secondary Offering] dated [date]. Capitalised terms not otherwise defined in this letter shall have the meaning ascribed to them in the
Options Letter. 
 In accordance with paragraph 5 (Procedure for Exercise) of the Options Letter, I am exercising my Options as follows: 

 

					
	 A
	  	Number of Options outstanding	  	[to be pre-filled by the Company]
			
	 B
	  	Number of Options exercisable in connection with the occurrence of the Exit Event	  	[to be pre-filled by the Company]
			
	 C
	  	Exercise Price per Option pursuant to paragraph 4 (Exercise Price) of the Options Letter	  	[to be pre-filled by the Company]
			
	 D
	  	Number of Options exercised	  	[to be filled by you]
			
	 E
	  	Aggregate Exercise Price (item C multiplied by item D)	  	[to be filled by you]
			
	 F
	  	Payment means (e.g. wire transfer or set off against proceeds of Trade Sale)	  	[to be pre-filled by the Company]

 I have made a wire transfer (where applicable pursuant to item F above) in favour of the bank account designated by Company
for the full aggregate Exercise Price mentioned in item C above. 

  
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 Yours sincerely, 
  

			
	By:	 	  

	Name:
	Title:

  
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