Document:

Employment Agreement - Roger Morgan

 Exhibit 10.13 
  
 

 
  
 KRATON POLYMERS, LLC

 One Rockefeller Plaza, 32nd Floor 
 New York, NY 10020 
  
 1st
January 2002 
  
 Mr Roger P Morgan 
 19 Twickenham Road 
 Teddington 
 Middlesex TW11 8AQ 
 UK 
  
 Dear Roger 
  
 We are pleased to confirm your employment with Kraton Polymers LLC (the Company) with effect from 1st January 2002 and that your employment with Kraton Polymers International Limited is terminated by agreement on date of
signature of this letter. 
  
 Outlined below are the key terms of your employment.
In addition, you have received documents that describe the material terms of the Company’s equity program. Your terms of employment and the terms of the equity plan are for your information only and should be kept in the strictest of confidence
and not revealed or divulged to colleagues or any third parties. 
  
 We anticipate
that you will be entitled to purchase up to $200,000 of Management Class B Units in the Company as further described in Exhibit A. Additionally, should you choose to invest, for each Class B Unit you purchase, you will be granted 2.4 Class C Units.
We will work with you to structure your investment in the most tax efficient manner. We are not at this point soliciting from you any indication of interest in the equity program. 
  
 The equity program is purely optional. Your colleagues will not know whether you have or have not participated unless you choose to tell
them. You should be sure to consult your accountant or financial planner before making an investment decision. 
  
 With effect from the date hereof (the date of commencement of your employment with the Company) the following terms and conditions of employment apply: 
  

	 	•	 	Your position is that of Global Director Kraton D and Vice President Europe, Africa and Middle East. Your level of responsibility is commensurate with this position.

  

 

 
  

	 	•	 	Your bonus opportunity will be the same as you had whilst you were employed by Shell, save that Key Performance Indicators will be adjusted and the payment of such bonus is in the
discretion of the Company based on Company factors determined by the Board of Directors, with advice from the officers of the Company. 

  

	 	•	 	A Statement of your employment particulars, other than bonus and the option plan, are set out in the document attached as Exhibit B. These employment particulars form part of your
terms and conditions of employment with the Company and you are required to sign the attached document. 

  

	 	•	 	You are required to sign the attached Confidentiality, Non-Competition and Proprietary Information Agreement as a condition of your employment with the Company. This is attached as
Exhibit C. 

  

	 	•	 	The redundancy arrangements which apply to you are set out in the document attached as Exhibit D. These arrangements form part of your terms and conditions of employment with the
Company and you are required to sign the attached document. 

  

	 	•	 	Your pension arrangements are set out in the document attached as Exhibit E. These arrangements form part of your terms and conditions of employment with the Company and you are
required to sign the attached document. 

  

	 	•	 	Your contract of employment will be governed by English Law. 

  
 We sincerely hope you will enjoy working with us. If you have any questions, please contact Ian Snow or John Georges by telephone at any time. 
  

	
	Yours sincerely
	
	/s/    Ian Snow        
	For and on behalf of
Kraton Polymers LLC, Kraton Polymers International Limited

  
 I agree to the terms set out in this
letter. 
  

					
	SIGNED by	  	)	  	 /s/    ROGER P MORGAN        

	ROGER P MORGAN	  	)	  

  

 Page 2 

 EXHIBIT A 
  

EQUITY PROGRAM 
  
 As you know, Ripplewood Holdings L.L.C. (together with its affiliates, “Ripplewood”) and its co-investors are currently negotiating to purchase
Shell Elastomers, LLC and Kraton Polymers Holdings B.V. (the “KRATON Business”) from Shell Oil Company and Shell Petroleum N.V. (the “Transaction”). Ripplewood intends to consummate the Transaction and hold the KRATON Business
through a newly established company called RK Polymers LLC (the “Company”). In connection with the Transaction and with your employment with the Company, Ripplewood hopes to invite you (the “Executive”) in the near future to
share in the indirect ownership of the Company (the “Investment”). 
  
 This is a summary indication of principal terms of the Investment. You should carefully read the full documentation for the Investment, which will be separately distributed to you in the near future. 
  
 Structure of the Investment: 
  

	 	•	 	In order to purchase the KRATON Business, Ripplewood established and funded a limited liability company called Ripplewood Chemical Holding LLC (“Investor Co.”). Investor
Co. will own all of the equity of the Company, the entity established by Ripplewood to purchase and hold the KRATON business. 

  

	 	•	 	In order to facilitate your investment, Ripplewood established a second limited liability company called Ripplewood Chemical Management LLC (“Management Co.”). You will
invest in the Company by purchasing Class B Units in Management Co. (“Class B Units”). For each Class B Unit you purchase, Management Co. will in turn purchase a Class B Unit in Investor Co. (“Investor Class B Units”). A Class B
Unit is the economic equivalent of an Investor Class B Unit. If you purchase Class B Units you will also be awarded Class C Units in Management Co. (“Class C Units”) as further described below. Management Co. will hold one Class C Unit of
Investor Co. (an “Investor Class C Unit”) for each Class C Unit granted to you. A Class C Unit entitles you to share in the excess value of the Company over the amount invested by Management Co. and the other equity investors pursuant to
the Transaction. Investor Co. or another Ripplewood affiliate will be the “Managing Member” of Management Co., with the authority to control and manage the affairs of Management Co. 

  

	 	•	 	In connection with the Investment, the Executive will be required to execute the limited liability company agreement of Management Co. (the “Operating Agreement”), which
will set out the definitive terms of your investment. Some of the material terms of the Investment are set forth below. 

  
 Terms of the Investment: The material terms of the Investment are set forth below. 
  

	 	•	 	The Company will assist any Executive who desires to obtain a loan to make the Investment. 

  

	 	•	 	Management Co.’s capitalization will consist of Class B Units and Class C Units as described above. Executives will purchase Class B Units and be granted an additional amount
of Class C Units. 

  

	 	•	 	Forfeiture of Class C Units. Class C Units initially granted to Executive will be forfeited to the Managing Member of Management Co. according to the following schedule:

  

	 	1.	If the Executive’s employment is terminated by the Executive without Good Reason before the fourth anniversary of the date of the Operating Agreement, as follows:

  

	 	•	 	if from the time of employment to the 2nd
anniversary: 100% of the Class C Units are forfeited; 

  

	 	•	 	if from the 2nd anniversary to the 3rd anniversary: 50% of the Class C Units are forfeited; 

  

	 	•	 	if from the 3rd anniversary to the 4th anniversary: 25% of the Class C Units are forfeited; and 

  

	 	•	 	after the 4th anniversary, none will be forfeited. 

  

	 	2.	If the Executive’s employment is terminated (i) by the Company without Cause or (ii) by the Executive with Good Reason, before the fourth anniversary of the date of the
Operating Agreement, as follows: 

  

	 	•	 	if from the time of employment to the 1st
anniversary: 100% of the Class C Units are forfeited; 

  

	 	•	 	if after the 1st anniversary to the
2nd anniversary: 50% of the Class C Units are forfeited; 

  

	 	•	 	if after the 2nd anniversary to the
3rd anniversary: 25% of the Class C Units are forfeited; and 

  

	 	•	 	after the 3rd anniversary, none will be
forfeited. 

  

	 	3.	Notwithstanding the foregoing, if Executive’s employment is terminated for Cause, 100% of the Class C Units will be forfeited. If employment termination is due to (i) death or
disability, or (ii) for any reason other than Cause after a change of control, then no Class C Units shall be forfeited. 

  

	 	•	 	Transfer of Units. Generally, neither the Class B nor Class C Units are transferable. A public market does not exist for the sale of Class B or Class C Units, and a public market
for them may never exist. 

  

	 	•	 	Management Co.’s option to repurchase Class B Units and unforfeited Class C Units. 

  

	 	1.	Upon termination of Executive’s employment for any reason, Management Co. has the option to repurchase the Class B Units and unforfeited Class C Units from the Executive at
their fair market value as determined in good faith by the Managing Member of Management Co. 

  

	 	2.	Notwithstanding the foregoing, upon termination of Executive’s employment by the Company for “Cause” (as defined in Exhibit B) or by Executive without “Good
Reason” (as defined in Exhibit B), Management Co. may repurchase the Applicable Percentage of Class B Units held by the Executive for the price that is the lower of the book value of such Units or the fair market value of such Units.

  

 2 

	 	3.	The Applicable Percentage is equal to 

  

	 	•	 	100% of the Class B Units held by the Executive if such termination occurs during Executive’s first two years of employment, 

  

	 	•	 	50% of the Class B Units held by the Executive if such termination occurs during Executive’s third year of employment, 

  

	 	•	 	25% of the Class B Units held by the Executive if such termination occurs during Executive’s fourth year of employment, and 

  

	 	•	 	0% of the Class B Units held by the Executive if such termination occurs at any time thereafter. 

  

	 	•	 	Distributions of Capital by Investor Co. Capital will be distributed first from Investor Co. to Management Co. and then from Management Co. to each Executive. Distributions from
Investor Co. to Management Co. will be made as follows with respect to the total number of Investor Class B and Investor Class C Units held by Management Co.: 

  

	 	1.	First, 100% to holders of the Investor Co.’s Class A Preferred Units (“Class A holders”) until such holders have received distributions equal to such holder’s
capital contribution less any distributions made for the purposes of paying taxes and any prior distributions. 

  

	 	2.	Second, 100% to the Class A holders until each Class A holder has been paid its guaranteed 14% per annum cumulative annual compounded return on its capital contribution less any
distributions made for the purposes of paying taxes and any prior distributions. 

  

	 	3.	Third, 100% to the holders of Investor Class B Units, including Management Co. (“Class B holders”) until each Class B holder has received distributions equal to such
holder’s capital contribution less any prior distributions (the “Realized Capital”). 

  

	 	4.	Fourth, 100% to the Class B holders until the cumulative distributions to each Class B holder, minus any distributions made for the purposes of paying taxes and minus such Class B
holder’s Realized Capital, equal 8% per annum cumulative annual compounded return on such holder’s weighted average capital contribution for the relevant period. 

  

	 	5.	Fifth, 100% to Ripplewood until the cumulative distributions to Ripplewood equals 10% of the amounts distributed pursuant to clauses 3 and 4 above (other than amounts distributed
thereunder to Management Co.), except for certain excluded amounts. 

  

	 	6.	Sixth, thereafter, 100% pro rata to all Class B holders and Class C holders, including Management Co.; provided that with respect to Class B and Class C holders other
than Management Co., 10% of such amount will be paid to Ripplewood. 

  

 3 

	•	 	Distributions of Capital from Management Co. to Executive shall be made as follows: 

  

	 	1.	With respect to distributions on Investor Class B Units held by Management Co., 100% pro rata to the holders of Management Co.’s Class B Units. 

 

	 	2.	With respect to distributions on Investor Class C Units held by Management Co., 100% pro rata to the holders of Management Co.’s Class C Units. 

 

	•	 	Tag-Along/Drag-Along Rights. Management Co., as a holder of Investor Class B and Investor Class C Units., will receive certain rights to “tag-along,” or participate, in
sales of Investor Class B Units by Ripplewood. Management Co. will give you notice of such events. Management Co. will only undertake to participate in any such “tag-along” event to the extent requested by, and with respect to the
applicable Units of, the Executive. 

  
 In
addition, Investor Class B and Investor Class C Units held by Management Co. will be subject to the right of Ripplewood to “drag-along” those Units, or force their sale, if Ripplewood transfers all or substantially all of its Investor
Class B and Investor Class C Units. In this case, your Units in Management Co. will be converted into whatever consideration is received in that “drag-along” sale, and such Units themselves will cease to exist. 
  

	•	 	Tax Distributions. Because each of Investor Co. and Management Co. are “pass-through” entities for U.S. federal income tax purposes, as a member of Management Co., taxable
income may be attributed to you for which you may not have received any distribution of income. It is the policy of the Managing Member to make tax distributions to unitholders provided that the Managing Member determines that adequate cash is made
available to Management Co. for such distributions. The distributions will be made to you to enable you to pay taxes due with respect to income attributed to your Investment. Any amount of these tax distributions will reduce the amount of
distributions to which you are otherwise entitled. 

  

 4 

  
 Exhibit B

  
 DEFINITIONS 
  
 “Cause” shall mean (A) your continued failure substantially to
perform your duties (other than as a result of total or partial incapacity due to physical or mental illness) for a period of ten days following written notice by the Company to you of such failure; provided, that it is understood this clause
(A) shall not permit the Company to terminate your employment for Cause solely because of dissatisfaction with the quality of services provided by, or disagreement with the actions taken by, you in the good faith performance of your duties to the
Company, (B) dishonesty in the performance of your duties, (C) an act or acts on your part constituting (x) a felony under the laws of the United States of any such state thereof or (y) a misdemeanor involving moral turpitude, (D) your willful
malfeasance or willful misconduct in connection with your duties or any act or omission which is injurious to the financial condition or business reputation of the Company or any of its subsidiaries or affiliates, or (E) your breach of
confidentiality, non-competition and assignment of inventions agreements. 
  
 “Good Reason” shall mean (A) a substantial diminution of your position or duties, (B) an adverse change in assignment of duties materially inconsistent with your position, (C) any reduction in your base
salary or (D) failure of the Company to pay compensation or benefits when due under any employment agreement, in each case which is not cured within 30 days following the Company’s receipt of written notice from you describing the event
constituting Good Reason.Statement of Employment Particulars

 Exhibit 10.13(a) 
  
 

 
  

 Statement of Employment Particulars 
  

	1.	Identification of parties 

  
 Employer: Kraton Polymers LLC, One Rockefeller Plaza, 32nd Floor, New York NY 10020 (the “Company”) 
  
 Employee: Dr Roger P. Morgan of 19 Twickenham Road, Teddington, Middlesex TW11 8AQ (“you”) 
  

	2.	Definitions 

  

	2.1	Board means the board of directors of the Company or a duly constituted committee of the board of directors. 

  

	2.2	Group Company means the Company, any holding company of the Company and any subsidiary of the Company or of any such holding company (with holding company and
subsidiary having the meanings given to them by section 736 Companies Act 1985). 

  

	3.	Commencement of Employment 

  
 Your employment with the Company commenced on 1st January 2002. Your previous employment with the Company or any associated company which is recognised as continuous employment will be taken into account for statutory purposes. Your continuous service for statutory purposes
therefore dates from 3rd July 1978. No service before this date counts for statutory purposes. 
  

	4.	Duration of Employment 

  
 Your employment is intended to be ongoing and is not of fixed term in nature. 
  

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	5.	Job Title 

  

	5.1	You are employed as a Global Director Kraton D and Vice President Europe, Africa and Middle East. 

  

	5.2	Notwithstanding your specific job title you may be required by the Board to perform any function within the range of your skill and capability which the Board considers necessary to
promote and maintain the business of the Company and you will be required to diligently perform all such duties and exercise all such powers as are lawfully assigned to you from time to time by the Board, whether such duties or powers relate to the
Company or any other Group Company. 

  

	5.3	Unless you are prevented by sickness, injury or other incapacity, you are required by the Company to devote the whole of your time, attention and abilities during your working hours
to the business of the Company or any other Group Company for which you are required to perform duties. 

  

	6.	Remuneration Package 

  

	6.1	You will receive a basic salary of £104,758 (one hundred and four thousand, seven hundred and fifty eight pounds) per annum. You will also receive a London Allowance of
£3,500 (three thousand, five hundred pounds) per annum payable while you are working in London. Your basic salary and London Allowance will be paid monthly in arrears. 

  

	6.2	All payments made and benefits provided to you are subject to any appropriate deductions as required by law including in respect of income tax and national insurance contributions.

  

	6.3	Your basic salary will be reviewed periodically. Details of this process will be advised to you separately. 

  

	6.4	You will be entitled to use your current company car until 1st May 2002. You will be subject to the same terms regarding use of the car which applied during your employment with
Shell. You will be notified of the new company car policy on or by the first working day of February 2002. After 1st May 2002 you will be entitled to participate in the company car policy applicable to you. 

  

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	7.	Place of Work 

  
 Your normal place of work will be at the premises of Kraton Polymers International Limited, at Kraton House, Worple Road, Wimbledon. It is a condition of your employment that you are prepared to work elsewhere from
time to time at any of the Company’s premises or at the premises of its customer’s client’s suppliers or associates within the United Kingdom and overseas from time to time. 
  

	8.	Notice Required to Terminate Employment 

  

	8.1	Either party has the right to terminate your employment at any time by giving the other party 3 months’ written notice. 

  

	8.2	The Company may in its discretion terminate your employment without notice by making a payment of a sum in lieu of the appropriate period of notice equal to 3 months gross basic
salary but not the other benefits you are entitled to under your employment at the date of termination. 

  

	8.3	The Company may also terminate your employment immediately and with no liability to make any further payment to you (other than in respect of amounts accrued due at the date of
termination) if you: 

  

	(i)	commit any serious or repeated breach of any of your obligations under your employment; 

  

	(ii)	are guilty of serious misconduct which, in the Board’s reasonable opinion, has damaged or may damage the business affairs of the Company or any other Group Company;

  

	(iii)	are guilty of conduct which, in the Board’s reasonable opinion, brings or is likely to bring you, the Company or any other Group Company into disrepute;

  

	(iv)	are convicted of a criminal offence (other than a road traffic offence not subject to a custodial sentence); 

  

	(v)	are disqualified from acting as a director of a company by order of a competent court; 

  

	(vi)	are declared bankrupt or make any arrangement with or for the benefit of your creditors; 

  

	(vii)	resign your directorships of the Company or any Group Company (other than at the explicit request of the Board). 

  

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 This clause shall not restrict any other right the Company may have (whether at common law or
otherwise) to terminate your employment summarily. Any delay by the Company in exercising its rights under this clause shall not constitute a waiver of those rights. 
  

	8.4	Your contract of employment will automatically cease on you reaching the Company’s Normal Retirement Date, which is the end of month in which you reach the age of 60.

  

	8.5	Once notice to terminate your employment has been given by the Company or yourself the Company shall be under no obligation to provide you with work and may exclude you from the
premises of the Company provided that salary and other contractual benefits shall not cease to be payable or provided by reason only of the Company exercising its rights under this clause. During any such period you will not be entitled to work or
provide services for any other company or business in any capacity whatsoever. 

  

	9.	Hours of Work 

  

	9.1	Your normal working hours will be 361/4 per week Monday to Friday and such additional hours as may reasonably be necessary in order to
perform your duties under this contract. By your signature to this statement you acknowledge that you have no entitlement to additional remuneration for such hours you are required to work in excess of the Company’s normal business hours.

  

	9.2	You agree, in accordance with Regulation 5 of the Working Time Regulations 1998 (the Regulations), that the provisions of Regulation 4(1) do not apply to you, and that you shall
give the Company three months’ notice in writing if you wish Regulation 4(1) to apply to you. 

  

	10.	Leave 

  

	10.1	Your basic leave entitlement is 28 days per annum in addition to the UK public/customary holiday days in respect of each full year’s employment. This is inclusive of your
statutory annual leave entitlement. 

  

	10.2	The leave year runs from 1 January to 31 December each year and are obliged to take your leave within the period 1 January to 30 April of the next leave year following the year in
which your leave accrued or as may be otherwise agreed with the Company. 

  

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	10.3	On the termination of your employment you are entitled to receive a payment representing basic leave accrued and as yet untaken. This payment is calculated for each day of accrued
and untaken leave at a rate of 1/260 of the aggregate of your annual basic salary and such regular allowances as the Company determines in each case as payable at the date of termination. If on termination of employment you have taken leave in
excess of your accrued entitlement you will be required to refund to the Company a sum representing unearned leave calculated in the manner described above per day of unearned leave taken. By signing this statement you agree to the deduction of such
sum from your salary payment. 

  

	10.4	You will be entitled to the special leave entitlements set out below subject to the Company’s consent, in each case, which consent will not be unreasonably withheld or delayed:

  

	 	•	 	Civic activities: up to 18 days 

  

	 	•	 	Jury Service: paid leave 

  

	 	•	 	Training with HM Forces: 5 days 

  

	 	•	 	Compassionate Reasons: up to 5 days 

  

	 	•	 	Moving House: 1 day 

  

	 	•	 	Marriage: 2 days 

  

	 	•	 	Open University: up to 5 working days attending “summer school” 

  

	 	•	 	Study leave 

  

	 	•	 	Other paid leave 

  

	 	•	 	Other unpaid leave 

  

	11.	Insurance 

  

	11.1	You are entitled to become a member of the Company’s life assurance arrangements, upon the terms and subject to the conditions of the rules governing such arrangements,
the intention being that a sum equal to three times or four times (dependant on the cause and circumstances of your death) your annual basic salary at the date of your death would be payable in the event of your death during your employment.

  

	11.2	You are entitled to become a member of the Company’s Permanent Health Insurance Scheme, upon the terms and subject to the conditions of the rules governing such scheme from
time to time in force. 

  

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	11.3	You are entitled to become a member of the Company’s Dependents Benefits Plan, upon the terms and subject to the conditions of the rules governing such scheme from time to time
in force. 

  

	12.	Loan 

  
 You are required to repay to the Company the full balance of the loan outstanding which is due to the Company on or before 29 February 2004. The interest rate applicable to the loan is 3%. In the event that your
employment ceases at any time and for whatsoever reason prior to this date the full outstanding balance of the loan then outstanding shall be due and payable to the Company. 
  

	13.	Transition Payment 

  
 The Company will pay you the sum of £289.22 per month (less deductions) up to 29 February 2004 as compensation to you for your loss of your right to participate in
the Shell Chemicals UK Limited Save as You Earn Scheme and lack of luncheon provision at the new offices in Wimbledon. This amount shall be paid monthly in arrears together with your salary. With effect from 29 February 2004 you shall have no
further entitlement to receive payment of this sum and no further payment will be due by the Company. 
  

	14.	Absence due to sickness 

  

	14.1	If you are absent due to sickness or injury the Company will pay Statutory Sick Pay (SSP) in accordance with the legislation in force at the time of absence. Any discretionary
payment of remuneration to you by the Company for a day of absence will discharge the Company’s obligation to pay SSP for that day. 

  

	14.2	Regulations regarding absence from work as a result of illness or injury and payment during that time are expected to be contained in any Company Personnel Policy and Practice
Manual. 

  

	14.3	Payment during any absence for sickness or injury is subject to your compliance with the rules about notification and certification. You may be paid at the Company’s absolute
discretion, your normal remuneration for up to a period of 6 months. 

  

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	15.	Employment Outside the UK 

  
 At this time, employment outside of the UK for a period of more than one consecutive month is not planned. 
  

	16.	Collective Agreements 

  
 Your terms and conditions of employment are not affected by any collective agreements. 
  

	17.	Disciplinary Rules 

  
 There is no formal disciplinary procedure which applies to you. If you are dissatisfied with any disciplinary decision taken in relation to you, you may appeal in writing
to the Chairman of the Board within 7 days of that decision being taken. The Chairman’s decision which will be made within 28 days shall be final. 
  

	18.	Grievances relating to your employment 

  
 If you have any grievance relating to your employment you may raise this with the Chairman of the Board in writing whose decision which will be made within 28 days will
be final. 
  

	19.	Health and Safety at Work 

  
 You are required to comply with the Company’s policy on Health and Safety at Work and the organization and arrangements for carrying out this policy which are
contained in notices produced locally. 
  

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	20.	Miscellaneous 

  

	20.1	The Company and you agree that no term of this contract is enforceable under the Contract (Rights of Third Parties) Act 1999 by a person who is not a party to this contract.

  

	20.2	Your employment shall be governed by and construed in accordance with the laws of England. 

  

	21.	Positive Employment: 

  
 In order that the Company may maintain a positive environment for all employees, you are required not to engage in, any sexual, racial, disability or other harassment of,
or unlawful discrimination against any person (whether or not a Company employee) in the course of your or their employment by the Company. 
  

	22.	Changes to the terms of your employment: 

  

	22.1	The Company reserves the right to make reasonable changes to any of your terms and conditions of employment. 

  

	22.2	Subject to clause 22.1 you will be notified of minor changes of detail by way of a general notice to all employees and any such changes take effect from the date of the notice.

  

	22.3	Where any such change affects or alters any of the information contained in this document you will be given individual written notice of such changes within one month after the
change. 

  

	23.	Consent to the Company holding personal information: 

  
 In accordance with the Data Protection Act 1998 the Company hereby notifies you that it holds personal data relating to you for the purposes of maintaining a personnel
file in 

  

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respect of your employment and your signature to this statement constitutes your consent to the Company holding such data and records. 
  

	24.	General Deductions: 

  
 The Company has the right to deduct from your pay (or from any other sums due to you) any sums which you owe to the Company including without limitation reimbursement of
telephone calls, parking fines, any overpayments or loans made to you by the Company and your signature to this statement constitutes your consent to this provision, in accordance with requirements of the Employment Rights Act 1996. 
  

	25.	E-mail / Internet Use 

  
 The Company may implement a policy in respect of the use of E-mail and the Internet and you will be provided with a copy. 
  

	26.	Company Personnel Policy and Practice Manual 

  
 The Company may implement a Personnel Policy and you will be provided with a copy. 
  

			
		
	Signed by	 	/s/    IAN SNOW        
	
	For and on behalf of Kraton Polymers LLC
	
	Dated    _______________

  
 I accept the terms and conditions of
employment set out in this statement. 
  

			
		
	Signed by	 	/s/    ROGER P. MORGAN        
	 	 	Dr Roger P. Morgan
	
	Dated    21st January
2002

  

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