Document:

Exhibit 10.9

 

	
 
    	

    
	
www.ardaghgroup.com
    
	
 
    
	
Ardagh Group S.A.
    
	
56, rue Charles Martel
    
	
L-2134 Luxembourg, Luxembourg
    
	
 
    
	
T: +352 26 25 85 - 55
    
	
F: +352 26 38 94 - 44
    
	
E: enquiries@ardaghgroup.com
    
	
 
    
	
May 21,   2021
    

 

Ardagh Metal Packaging S.A.

56, Rue Charles Martel

L-2134 Luxembourg, Luxembourg

Attention: Oliver Graham, David Bourne

Email: oliver.graham@ardaghgroup.com, david.bourne@ardaghgroup.com

 

Re:                                Indemnification for IT Incident

 

Dear Sirs:

 

This letter agreement relates to the cyber-incident (the “IT Incident”) that was discovered by us (“AGSA”) on or about May 2, 2021, impacting the computer software, hardware, networks or other information technology systems and any data thereon of AGSA and its subsidiaries and Ardagh Metal Packaging S.A. (“AMPSA,” and, together with its subsidiaries, the “AMP Entities”).

 

Further to our discussions regarding the implications for the AMP Entities of the IT Incident, AGSA hereby agrees to indemnify, defend and hold harmless the AMP Entities and their respective successors (collectively, the “AMP Indemnitees”) from and against any and all losses incurred by any AMP Indemnitee prior to December 31, 2021, resulting from the IT Incident.

 

AGSA’s maximum liability for all claims by the AMP Indemnitees arising pursuant to this letter agreement shall not exceed $150,000,000, and no claim notice may be given by AMPSA on behalf of itself or any other AMP Indemnitee seeking indemnification under this letter agreement following March 31, 2022; provided that if any claim notice is given by AMPSA in accordance with this letter agreement prior to such date, the right of the applicable AMP Indemnitee(s) to seek indemnification under this letter agreement shall survive with respect to the matter(s) set forth in any such claim notice until such claim(s) are satisfied or otherwise resolved in accordance with this letter agreement.

 

The provisions of Section 3.3 (Limitations on Indemnification), Section 3.4 (Procedures for Indemnification) and Article VII (General Provisions) of the Transfer Agreement dated February 22, 2021 by and between AGSA and AMPSA (the “Transfer Agreement”), shall apply mutatis mutandis to this letter agreement as if such provisions were set forth in full herein.

 

This letter agreement and the Transfer Agreement constitute the entire agreement between the parties hereto with respect to the subject matter hereof and supersede all prior agreements and understandings both written and oral, between the parties hereto with respect to the subject matter hereof, and are not intended to confer upon any other person any rights or remedies hereunder.

 

Except as expressly set forth herein, nothing in this letter agreement shall otherwise modify the rights or obligations of the parties hereto or any of their respective affiliates under the Transfer Agreement or the

 

R.C.S. Luxembourg: B 160804

 

 

 

Services Agreement (as such term is defined in the Transfer Agreement) if and when such agreement is entered into by AGSA and AMPSA.

 

[SIGNATURE PAGE FOLLOWS]

 

 

If the foregoing reflects your agreement regarding these matters, please execute this letter agreement in the space indicated below and return a copy to the undersigned.

 

	
 
    	
Very   truly yours, 
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
ARDAGH   GROUP S.A.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By
    	
/s/   Hermanus Troskie
    
	
 
    	
 
    	
Name:
    	
Hermanus   Troskie
    
	
 
    	
 
    	
Title:
    	
Director
    
	
 
    	
 
    	
 
    
	
Acknowledged and Agreed 
    	
 
    	
 
    
	
 
    	
 
    
	
ARDAGH METAL PACKAGING S.A.
    	
 
    
	
 
    	
 
    
	
By   
    	
/s/   Yves Elsen
    	
 
    	
 
    
	
 
    	
Name:
    	
Yves   Elsen
    	
 
    	
 
    
	
 
    	
Title:
    	
DirectorEX-10.12

 Exhibit 10.12 

CONFLUENT, INC. 
 NON-EMPLOYEE DIRECTOR COMPENSATION POLICY 
 (Adopted April 30, 2021, effective on Initial Public
Offering) 
  

	 	1.	 Introduction 

Each member of the Board of Directors (the “Board”) of Confluent, Inc. (“Confluent”) who is a non-employee director of Confluent (each such member, a “Non-Employee Director”) will receive the compensation described in this Non-Employee Director Compensation Policy (“Policy”) for his or her Board service. 

The Policy will be effective upon the execution of the underwriting agreement between Confluent and the underwriters managing the initial
public offering of Confluent’s Class A common stock (the “Class A Common Stock”) (the date of such execution being referred to as the “IPO Date”). Commencing
on the IPO Date, each Non-Employee Director will be eligible to receive the applicable compensation set forth below. Any equity compensation will be granted under the Plan or any successor equity incentive
plan. 
 This Policy may be amended at any time in the sole discretion of the Board or the Compensation Committee of the Board. 

 

	 	2.	 Annual Cash Compensation 

Commencing at the beginning of the first fiscal quarter following the IPO Date, each Non-Employee
Director will receive the cash compensation set forth below for service on the Board, unless waived by the Non-Employee Director in his or her sole discretion. The annual cash compensation amounts will be
payable in equal quarterly installments, in arrears following the end of each quarter in which the service occurred, pro-rated for any partial months of service. All annual cash fees are vested upon payment.

  

	 	a.	 Annual Board Service Retainer: 

 

	 	i.	 All Eligible Directors: $30,000 

 

	 	b.	 Annual Committee Member Service Retainer: 

 

	 	i.	 Member of the Audit Committee: $10,000 

 

	 	ii.	 Member of the Compensation Committee: $6,000 

 

	 	iii.	 Member of the Nominating and Governance Committee: $4,000 

 

	 	c.	 Annual Committee Chair Service Retainer (in lieu of Committee Member Service Retainer): 

  

	 	i.	 Chair of the Audit Committee: $20,000 

	 	ii.	 Chair of the Compensation Committee: $12,000 

 

	 	iii.	 Chair of the Nominating and Governance Committee: $8,000 

 

	 	d.	 Additional Annual Lead Independent Director Compensation: $15,000 

 

	 	3.	 Equity Compensation 

Equity awards will be granted under Confluent’s 2021 Equity Incentive Plan (the “Plan”). 

 

	 	a.	 Initial Appointment Equity Grant. On appointment to the Board, and without any further action of the
Board or Compensation Committee of the Board, at the close of business on the day of such appointment, a Non-Employee Director will be automatically granted a Restricted Stock Unit Award for Class A
Common Stock having a value of $350,000 based on the closing sales price per share of Confluent’s Class A Common Stock on the applicable grant date, rounded down to the nearest whole share (the “Initial
RSU”). Each Initial RSU will vest over three years, with one-third of the Initial RSU vesting on the first, second, and third anniversary of the date of grant. 

 

	 	b.	 Automatic Equity Grants. Without any further action of the Board or Compensation Committee of the
Board, at the close of business on the date of each Annual Meeting of Confluent’s stockholders (“Annual Meeting”), each person who is then an eligible Non-Employee Director will
automatically receive a Restricted Stock Unit Award for Class A Common Stock having a value of $175,000 based on the closing sales price per share of Confluent’s Class A Common Stock on the date of the Annual Meeting (the
“Annual RSU”). For a Non-Employee Director who was appointed to the Board less than 365 days prior to an Annual Meeting, the $175,000 for the applicable Annual RSU will be prorated
based on the number of days from the date of appointment until such Annual Meeting. For illustrative purposes, if a Non-Employee Director joins the Board on January 1st, and the next Annual Meeting is held on July 1st of the year of appointment, then on the date of such Annual Meeting, such Non-Employee Director will receive a Restricted Stock Unit Award for Class A Common Stock having a value of $86,780 (($175,000/365) x 181). Each Annual RSU will vest on the earlier of (i) the date of the
following year’s Annual Meeting (or the date immediately prior to the next Annual Meeting if the Non-Employee Director’s service as a director ends at such meeting due to the director’s failure
to be re-elected or the director not standing for re-election); or (ii) the first anniversary of the date of grant. 

 

	 	c.	 Vesting; Change of Control. All vesting is subject to the
Non-Employee Director’s “Continuous Service” (as defined in the Plan) on each applicable vesting date. Notwithstanding the foregoing vesting schedules, for each Non-Employee Director who remains in Continuous Service with Confluent until immediately prior to the closing of a “Change in Control” (as defined in the Plan), the shares subject to his or
her then-outstanding equity awards will become fully vested immediately prior to the closing of such Change in Control. 

  
 2 

	 	d.	 Remaining Terms. Each Restricted Stock Unit Award will be granted subject to Confluent’s standard
Restricted Stock Unit Award Agreement, in the form adopted from time to time by the Board or the Compensation Committee of the Board. 

  

	 	4.	 Expenses 

Confluent will reimburse Non-Employee Directors for ordinary, necessary, and reasonable out-of-pocket travel expenses to cover in-person attendance at, and participation in, Board and committee meetings; provided,
that the Non-Employee Director timely submit appropriate documentation substantiating such expenses in accordance with Confluent’s travel and expense policy, as in effect from time to time. 

 

	 	5.	 Non-Employee Director Compensation Limit 

Notwithstanding anything herein to the contrary, the aggregate cash compensation and equity compensation that each Non-Employee Director is eligible to receive under this Policy shall be subject to the limits set forth in Section 3(d) of the Plan. 

  
 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00328-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00328-of-00352.parquet"}]]