Document:

Exhibit 10.30

 

RENAISSANCE PARENT CORP.

 

August 15, 2013

 

Mr. Patrick Bennett

 

Dear Patrick;

 

This letter agreement (the “Agreement”) will
serve to confirm our recent discussion regarding the treatment of your equity in the event of a future sale of 100% of the common
stock of Thomas Industries, Inc. or all of its business and assets (the “Sale of Thomas”), a subsidiary of Gardner
Denver, Inc. (“GDI”), to an third party unaffiliated with Renaissance Parent Corp. (“Holdings”).
Capitalized terms not defined herein shall have the meaning assigned to them in your Stock Option Agreement dated as of December
18, 2013 made by and between Holdings and you (the “Stock Option Agreement”).

 

Notwithstanding the provisions of your Stock Option Agreement,
if at a future date, GDI enters into a definitive transaction agreement which would result in the Sale of Thomas, provided that
you are still employed by GDI as of the closing date of such sale (“Closing Date”) and following the Closing
Date, your employment with GDI will cease due to your continuing employment with the acquiror in the Sale of Thomas thereafter,
you and GDI hereby agree as follows:

 

		1.	Treatment of Unvested Time Options. Upon the Closing Date, all of your unvested Time Options shall become immediately
vested and exercisable, as if the provisions of Section 3.1(b)(i) of the Stock Option Agreement applied on such date.

 

		2.	Treatment of Unvested Performance Options. Upon the Closing Date, all of your then unvested Performance Options
shall become immediately vested and exercisable, as if the provisions of Section 3.1(b)(ii) of the Stock Option Agreement applied
on such date.

 

		3.	Exercisability of Options. The termination of your employment with GDI as described above will, on the Closing
Date, be treated as a termination of your employment without Cause by Holdings and GDI for all purposes under the Stock Option
Agreement; except that Section 3.2(e) of the Stock Option Agreement is hereby amended, effective immediately prior to the Closing
Date and subject to the completion of the Sale of Thomas, the 180-day period referenced therein is extended to the tenth anniversary
of the Grant Date.

 

		4.	Certain Call Rights. Holdings hereby confirms that, effective immediately prior to the Closing Date and subject
to the completion of the Sale of Thomas, Holdings shall not exercise its rights under Section 5(b) of the Management Stockholder’s
Agreement in connection with the termination of your employment with GDI as described above.

 

Except as otherwise expressly provided above, your Stock Option
Agreement and the Management Stockholder’s Agreement shall continue in full force and effect in accordance with the terms
thereof.

 

Sections 5.5, 5.6, 5.7, and 5.8 of your Stock Option Agreement
are hereby incorporated by reference and made a part of this Agreement. This Agreement is personal to you and, without the prior
written consent of GDI, shall not be assignable by you.

 

If the foregoing terms are acceptable and agreed to by you,
please sign on the line provided below to signify such acceptance and agreement and return the executed copy to the undersigned.

 

    	 

    	 

    

	Sincerely, 	 
	 	 
	/s/
    Brandon Brahm	 
	Name: Brandon Brahm	 
	Title: Director	 
	 	 
	Accepted and agreed this 15th day of August, 2013.	 
	 	 
	/s/
    Patrick Bennett	 
	Patrick Bennett	 

 

    	2Exhibit 10.31

 

 

 

November 25, 2013

 

(BY E-MAIL)

Mr. Andy Schiesl

 

Dear Andy,

 

This letter confirms my offer to you to
join Gardner Denver, Inc. (“GDI”) as its General Counsel, reporting directly to the Chief Executive Officer
of GDI.

 

This offer is contingent upon successful
completion of a background check, pre-employment drug screening with acceptable results, and proof of your right to work in the
United States on your first day of employment. Leslie Safran, from the Corporate Human Resources Department, will contact you to
arrange the drug screening.

 

The terms of GDI’s offer include
the following:

 

		1.	Duties: While employed hereunder, you will perform such duties as are assigned to
you in your capacity as General Counsel of GDI by the Chief Executive Officer of GDI, devoting your full business time and attention
to the business and affairs of GDI.

 

		2.	Salary: While employed
                                         hereunder, your annual base salary will be $450,000, paid on a semi-monthly basis (or
                                         otherwise in accordance with the normal payroll practices of GDI as in effect from time
                                         time). You will be eligible for your first salary review during our annual salary planning
                                         process in April 2014.

 

		3.	Signing Bonus: You will be paid a lump sum cash bonus equal to $111,317 (the “Signing
Bonus”), payable in March 2014 at such time as annual bonuses are paid in respect of the 2013 fiscal year, so long as
you remain employed in good standing with GDI at such time. In the event that you resign for any reason or are terminated by GDI
for Cause (as defined in GDI’s long-term incentive plan) prior to the first anniversary of your Start Date (defined below),
you will promptly reimburse GDI the full amount of the Signing Bonus.

 

		4.	Management Incentive Plan
                                         Bonus Program: Beginning with GDI’s 2014 fiscal year and for each fiscal
                                         year you are employed hereunder, you will be eligible to participate in the Gardner Denver,
                                         Inc. Management Incentive Plan, annual bonus program, subject to the terms and conditions
                                         of such plan as in effect from time to time (the “MIP”). Your target
                                         annual incentive opportunity under the MIP for each fiscal year will be 75% of your annual
                                         base salary as in effect for the given fiscal year. Your actual annual cash incentive
                                         award may over- or under-earn your target annual incentive opportunity, depending on
                                         GDI’s performance against its goals.

 

    	 

    	 

    

 

Andy Schiesl

November 25, 2013

Page 2

 

 

The specific performance objectives
and measures for your annual incentive opportunity will be defined and reviewed for each fiscal year and your annual incentive
award will be calculated, approved, and paid after financial results for the given fiscal year have been finalized, all in accordance
with the terms of the MIP.

 

		5.	Long-Term Incentive Program:
                                         See attached Addendum A for details regarding your opportunity to receive
                                         a long-term incentive award in respect of, the common stock of Renaissance Parent Corp.,
                                         our parent holding company.

 

		6.	Retirement Plans:
                                         While employed hereunder, you will be eligible to participate in GDI’s retirement
                                         savings plans, based on the then current company policy.

 

		7.	Health and Welfare Insurance
                                         Coverage: While employed hereunder, you also will be eligible for other benefits
                                         coverage, including medical, dental, and life insurance and disability along with a comprehensive
                                         wellness program for your health & well-being. A brief summary of these benefit programs
                                         as currently in effect will be provided to you. The Gardner Denver benefits plan coverage
                                         year begins on April 1st and ends on March 31st of each calendar
                                         year.

 

		8.	Location: This position
                                         is based in Milwaukee, WI, subject to such business travel as may be reasonably required
                                         to perform your duties with GDI.

 

		9.	Vacation: You will
                                         be entitled to such number of vacation/paid time off days as are provided to executives
                                         of GDI generally under the applicable policy; provided, however, that you
                                         will in all events be entitled to take vacation from January 2, 2014 until January 12,
                                         2014, in connection with your wedding and honeymoon.

 

		10.	Start Date: Your
                                         employment with GDI will commence on December 16, 2013 or such earlier date mutually
                                         agreed on by the parties (“Start Date”).

 

		11.	At-Will Employment; Executive Severance Policy: Your employment with GDI is at-will,
and as such you or GDI may terminate your employment hereunder at any time upon written notice to the other party; provided
that if GDI terminates Executive’s employment without Cause or Executive resigns for Good Reason (as such terms are defined
in GDI’s long term incentive plan), GDI will:

 

		(i)	Pay over a 12-month period (the “Severance Period”) in equal installments the
sum of (x) base salary and (y) the MIP bonus earned in respect of the fiscal year preceding the fiscal year in which the termination
date occurs, if any (but if such date occurs in the first fiscal year of Executive’s employment, such MIP bonus will be the
Executive’s target annual incentive opportunity under the MIP); and

 

		(ii)	So long as Executive elects COBRA, provide Executive with continued coverage under GDI’s
health insurance plan on the same basis as actively employed employees of GDI through the Severance Period (or, if earlier, through
the date Executive becomes employed by another employer and eligible for health insurance at such employer). Payment of all amounts
referenced above will be subject to your execution of a release of claims against GDI and certain other requirements, all pursuant
to the terms of the GDI Executive Severance Policy. Note the GDI Executive Severance Policy shall govern in the event of any conflicts
between its terms and those of this offer letter; provided, however, that nothing in such policy (including any future amendments
to such policy) will reduce the severance benefits described in this paragraph 11.

 

    	 

    	 

    

 

Andy Schiesl

November 25, 2013

Page 3

 

 

		12.	Miscellaneous: GDI shall be entitled to withhold from the payment of any compensation
and provision of any benefit under this offer letter such amounts as may be required by applicable law, including without limitation
for purposes of the payment of payroll and income taxes. This offer letter and any dispute hereunder shall be interpreted and governed
in accordance with the laws of the State of Delaware without reference to rules relating to conflicts of law. Any controversy or
claim arising out of or relating to this offer letter that cannot be resolved by you and GDI shall be submitted to a single arbitrator
who shall be a retired judge with substantial experience in arbitrating executive compensation disputes, in accordance with the
dispute resolution provisions of the GDI Executive Severance Policy.

 

		13.	Other Conditions: This offer of employment, and your continued employment hereunder,
is further conditioned upon your signed agreement to, and ongoing compliance with, any code of conduct, business ethics and proprietary
information agreements customarily required to be signed by new employees of GDI.

 

By signing and accepting this offer of employment, you
represent and warrant that: (i) you are not subject to any pre-existing contractual or other legal obligation with any person,
company or business enterprise that may be an impediment to your employment with, or your providing services to, GDI as its employee;
(ii) you have not and shall not bring onto company premises, or use in the course of your employment with GDI, any confidential
or proprietary information of another person, company or business enterprise to whom you previously provided services; and (iii)
you are not relying on any representations, promises or agreements not expressly contained in this offer letter. You further agree
to keep this offer, its terms and any confidential or proprietary information of GDI, its parent holding company or any of their
affiliates that you may acquire during the process of receiving and negotiating this offer, confidential.

 

[Signatures on next page.]

 

    	 

    	 

    

 

Andy Schiesl

November 25, 2013

Page 4

 

 

Andy, I am very excited about the prospect of your acceptance
of this offer to become a part of the Gardner Denver corporate team. I am confident you can make a positive contribution to our
goal of growing the Company into a more profitable organization.

 

Please acknowledge your acceptance of this offer by signing
and dating this letter on the space provided below and emailing a PDF back to me, with a copy to Leslie Safran, Vice President
and Corporate HR Business Partner at leslie.safran@gardnerdenver.com

 

Sincerely,

 

	/s/ Timothy W. Sullivan	 
	 	 
	Timothy W. Sullivan	 
	President & CEO	 
	Gardner Denver, Inc.	 
	 	 

  

	 
	I have read and accept this offer of
employment and agree to the terms and conditions.

 

ACCEPTED AND AGREED: 

 

	/s/ Andy Schiesl	 
	Andy Schiesl 

	 
	 	 
	November 25, 2013	 
	Date	 

 

 

    	 

    	 

    

 

PRIVILEGED & CONFIDENTIAL

 

Addendum
A—Andy Schiesl

 

Equity Target

 

	
        Long-Term Incentive Program: 

         

        

        

        

         
	
        Long-Term
        Incentive Program: A long term incentive plan (“LTI Plan”) has been established to give
        members of management at Gardner Denver, Inc. (“GDI”) the opportunity to share in the value appreciation
        of GDI. The intended goal of this LTI Plan is to provide the Executive with the opportunity
        (although not the guarantee) to earn pre-tax proceeds (net of the strike price of the LTI Plan grants referenced below)
        in respect of such value appreciation of up to and potentially more than USD $6 million1.
        

         

        The
        LTI Plan grants to Executive will be in the form of options to purchase 534,216 shares of Holdings stock (the “Long-Term
        Options”), 50% of which will be subject to time vesting and 50% will be subject to performance vesting. The time
        vesting Long-Term Options will vest 20% each year on the last day of each of Holdings’ fiscal years from 2014 through
        2018. The performance vesting Long-Term Options will vest 20% per year as of the last day of each of Holdings’ fiscal
        years from 2014 through 2018 provided the GDI achieves annual EBITDA targets.

         

        Additionally, to make Executive whole for certain equity awards
        and the 2013 cash bonus from his prior employer he will forfeit upon his resignation therefrom, Executive will be granted options
        to purchase 60,000 shares (assuming an exercise price of $5.00 per share) of Holdings stock (the “Short-Term Options”).
        The Short-Term Options will vest in full on the 180th day following Executive’s Start Date (as defined in the
        offer letter to which this Addendum A is attached), so long as Executive remains employed with GDI through such date.

         

        Both the Long-Term Options and the Short-Term Options will have
        a per share exercise price equal to the fair market value of Holdings stock on the date of grant (the “FMV”)
        (which is expected to be $5.00, the same per share purchase price paid by KKR for its Holdings stock). In the event that the FMV
        is greater than $5.00, subject to Executive accepting the Options promptly, Holdings will grant Executive an additional number
        of Options, in Holdings’ discretion, that will make Executive whole for any such increase.

         

        The Long-Term Options, Short-Term Options and any Holdings stock
        Executive acquires will be subject to the LTI Plan terms and other terms contained in management equity agreements with Holdings
        and the investors thereto; provided that the Short-Term Options shall be treated as investment stock for purposes of the
        management equity agreements (i.e., company call rights generally are always at fair market value). These terms include, generally,
        transfer restrictions, company call rights, tag-along and drag-along rights, and restrictive covenants (including covenants not
        to disclose confidential information at any time, and while employed and for certain post-employment periods, not to solicit employees
        or customers and not to compete with the business of GDI).

         

1
Assuming a certain exit value is achieved in 2018. Details of a corresponding financial forecast and exit multiple assumption will
be presented separately.

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