Document:

Exhibit 4.4

 

AMENDED AND RESTATED REGISTRATION RIGHTS
AGREEMENT

 

This AMENDED AND RESTATED REGISTRATION RIGHTS
AGREEMENT (this “Agreement”), dated as of [                                 ], 2017, is by and among KKR Renaissance Aggregator L.P., a
Delaware limited partnership (the “Partnership”), KKR Renaissance Aggregator GP LLC, a Delaware limited liability
company and the general partner of the Partnership (“GP”), Gardner Denver Holdings, Inc. (formerly known as
Renaissance Parent Corp.), a Delaware corporation (the “Corporation”), and each of the parties hereto. Each
of the Persons listed on the signature pages hereto (other than GP) and any other Person who may become a party hereto pursuant
to Section 11(c) are referred to individually as a “Shareholder” and collectively as the “Shareholders”.

 

WHEREAS, the Partnership, GP, the Corporation
and the Shareholders are parties to that certain Registration Rights Agreement, dated as of July 30, 2013;

 

WHEREAS, GP and certain Shareholders are
parties to that certain Amended and Restated Limited Partnership Agreement, dated as of July 29, 2013, as the same may hereafter
be amended from time to time (the “Partnership Agreement”); and

 

WHEREAS, the Partnership has agreed to take
actions necessary to bind the Corporation to provide registration rights with respect to the Registrable Securities (as defined
below), as set forth in this Agreement, and the Partners have agreed to act in good faith in order to effectuate these registration
rights with respect to the Corporation.

 

NOW, THEREFORE, for and in consideration
of the mutual agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows:

 

Section 1.     
Definitions. As used in this Agreement, the following terms shall have the following meanings:

 

“Agreement” shall have
the meaning set forth in the Preamble.

 

“Common Stock” shall
mean all shares existing or hereafter authorized of any class of common stock of the Corporation, that have the right (subject
always to the rights of any class or series of preferred stock of the Corporation) to participate in the distribution of the assets
and earnings of the Corporation without limit as to per share amount, including any shares of capital stock into which Common Stock
may be converted (as a result of recapitalization, share exchange or similar event) or are issued with respect to Common Stock,
including with respect to any stock split or stock dividend, or a successor security.

 

“Corporation” shall have
the meaning set forth in the Preamble.

 

“Demand Notice” shall
have the meaning set forth in Section 3(a) hereof.

 

    	 

    	 

    

“Demand Registration”
shall have the meaning set forth in Section 3(a) hereof.

 

“Exchange Act” shall
mean the Securities Exchange Act of 1934, as amended, and any successor statute thereto and the rules and regulations of the SEC
promulgated thereunder.

 

“FINRA” shall mean the
U.S. Financial Industry Regulatory Authority.

 

“GP” shall have the meaning
set forth in the Preamble.

 

“Indemnified Party” shall
have the meaning set forth in Section 8(c) hereof.

 

“Indemnifying Party”
shall have the meaning set forth in Section 8(c) hereof.

 

“Locked-Up Shareholders”
shall have the meaning set forth in Section 5 hereof.

 

“Long-Form Registrations”
shall have meaning set forth in Section 3(a) hereof.

 

“Losses” shall have the
meaning set forth in Section 8(a) hereof.

 

“Notice” shall have the
meaning set forth in Section 3(c) hereof.

 

“Partnership” shall have
the meaning set forth in the Preamble.

 

“Partnership Agreement”
shall have the meaning set forth in the recitals.

 

“Permitted Transferee”
shall have the meaning set forth in the Partnership Agreement.

 

“Person” shall mean any
natural person, corporation, limited partnership, general partnership, limited liability company, joint stock company, joint venture,
association, company, estate, trust, bank trust company, land trust, business trust, or other organization, whether or not a legal
entity, custodian, trustee-executor, administrator, nominee or entity in a representative capacity and any government or agency
or political subdivision thereof.

 

“Piggyback Notice” shall
have the meaning set forth in Section 4(a) hereof.

 

“Piggyback Registration”
shall have the meaning set forth in Section 4(a) hereof.

 

“Proceeding” shall mean
an action, claim, suit, arbitration or proceeding (including an investigation or partial proceeding, such as a deposition), whether
commenced or threatened.

 

“Prospectus” shall mean
the prospectus included in any Registration Statement (including a prospectus that discloses information previously omitted from
a prospectus filed as part of an effective Registration Statement in reliance upon Rule 430A promulgated under the Securities Act),
as amended or supplemented by any prospectus supplement, with respect to the terms of the offering of any portion of the Registrable
Securities covered by such Registration Statement, and all other amendments and supplements to the Prospectus, including post-effective
amendments, and all material incorporated by reference or deemed to be incorporated by reference in such prospectus.

 

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“Public Offering” shall
mean the sale of Common Stock to the public pursuant to an effective Registration Statement (other than Form S-4 or Form S-8 or
any similar or successor form) filed under the Securities Act or any comparable law or regulatory scheme of any foreign jurisdiction.

 

“Registrable Securities”
shall mean any shares of Common Stock currently held or hereafter acquired by the Shareholders (including any shares of Common
Stock held indirectly by a Shareholder through the Partnership) and any other securities issued or issuable with respect to any
such shares by way of share split, share dividend, recapitalization, merger, exchange or similar event or otherwise. As to any
particular Registrable Securities, once issued such securities shall cease to be Registrable Securities when (i) they are sold
pursuant to an effective Registration Statement under the Securities Act, (ii) they are sold pursuant to Rule 144 (or any similar
provision then in force under the Securities Act), (iii) they shall have ceased to be outstanding, or (iv) they have been sold
in a private transaction in which the transferor’s rights under this Agreement are not assigned to the transferee of the
securities. No Registrable Securities may be registered under more than one Registration Statement at any one time.

 

“Registration Statement”
shall mean any registration statement of the Corporation under the Securities Act that covers any of the Registrable Securities
pursuant to the provisions of this Agreement, including the Prospectus, amendments and supplements to such registration statement,
including post-effective amendments, all exhibits and all material incorporated by reference or deemed to be incorporated by reference
in such registration statement.

 

“Rule 144” shall mean
Rule 144 under the Securities Act, as such Rule may be amended from time to time, or any similar rule or regulation hereafter adopted
by the SEC.

 

“SEC” shall mean the
Securities and Exchange Commission or any successor agency having jurisdiction under the Securities Act.

 

“Securities Act” shall
mean the Securities Act of 1933, as amended, and any successor statute thereto and the rules and regulations of the SEC promulgated
thereunder.

 

“Shareholders” shall
have the meaning set forth in the Preamble.

 

“Shelf Underwritten Offering”
shall have the meaning set forth in Section 4(c) hereof.

 

“Short-Form Registrations”
shall have meaning set forth in Section 3(a) hereof.

 

“Sponsor Investor Shareholder”
shall mean KKR Renaissance Aggregator L.P., together with its Permitted Transferees so long as it holds (directly or indirectly
through the Partnership) Registrable Securities.

 

“Take-Down Notice” shall
have the meaning set forth in Section 4(c) hereof.

 

“underwritten registration”
or “underwritten offering” shall mean a registration in which securities of the Corporation are sold to an underwriter
for reoffering to the public.

 

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Section 2.     
Holders of Registrable Securities. A Person is deemed, and shall only be deemed, to be a holder of Registrable
Securities if such Person owns Registrable Securities or has a right to acquire such Registrable Securities and such Person is
a Shareholder.

 

Section 3.     
Demand Registrations.

 

(a)               
Requests for Registration. Subject to the following paragraphs of this Section 3(a), the Sponsor Investor
Shareholder shall have the right, by delivering, directly or indirectly, a written notice to the Corporation, to require the Corporation
to register pursuant to the terms of this Agreement, under and in accordance with the provisions of the Securities Act, the number
of Registrable Securities requested to be so registered pursuant to the terms of this Agreement on Form S-1 or any similar or successor
long-form registration (“Long-Form Registrations”) or, if available, on Form S-3 or any similar or successor
short-form registration (“Short-Form Registrations”) (any such written notice, a “Demand Notice”
and any such registration, a “Demand Registration”). The Sponsor Investor Shareholder may, in connection with
any Demand Registration requested by such holder that is a Short-Form Registration, require the Corporation to file such registration
statement with the SEC in accordance with and pursuant to Rule 415 under the Securities Act including, if the Corporation is then
eligible, as an automatic shelf registration. Following receipt of a Demand Notice for a Demand Registration delivered in accordance
with this Section 3(a), the Corporation shall use its reasonable best efforts to file a Registration Statement as promptly as practicable
and shall use its reasonable best efforts to cause such Registration Statement to be declared effective under the Securities Act
as promptly as practicable after the filing thereof.

 

(b)              
No Demand Registration shall be deemed to have occurred for purposes of this Section 3 if the Registration Statement
relating thereto (i) does not become effective, (ii) is not maintained effective for the period required pursuant to this Section
3, or (iii) the offering of the Registrable Securities pursuant to such Registration Statement is subject to a stop order, injunction,
or similar order or requirement of the SEC during such period, in which case, such requesting holder of Registrable Securities
shall be entitled to an additional Demand Registration in lieu thereof.

 

(c)               
Within ten days after receipt by the Corporation of a Demand Notice in accordance with Section 3(a), the Corporation
shall give written notice (the “Notice”) of such Demand Notice to all other holders of Registrable Securities
and shall, subject to the provisions of Section 3(b) hereof, include in such registration all Registrable Securities with respect
to which the Corporation received written requests for inclusion therein within five days after such Notice is given by the Corporation
to such holders.

 

(d)              
All requests made pursuant to this Section 3 will specify the number of Registrable Securities to be registered.

 

(e)               
The Corporation shall be required to maintain the effectiveness of the Registration Statement with respect to any
Demand Registration for a period of at least 180 days after the effective date thereof or such shorter period during which all
Registrable Securities included in such Registration Statement have actually been sold; provided, however, that such
period shall be extended for a period of time equal to the period the holder of Registrable Securities refrains from selling any
securities included in such Registration Statement at the request of the Corporation or an underwriter of the Corporation pursuant
to the provisions of this Agreement.

 

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Notwithstanding the foregoing, with respect
to any shelf registration statement covering Registrable Securities, the Corporation shall use its reasonable best efforts (if
the Corporation is not eligible to use an automatic shelf registration statement at the time of filing) to keep such shelf registration
statement continuously effective under the Securities Act in order to permit the Prospectus forming a part thereof to be usable
by Shareholders until the earlier of (i) the date as of which all Registrable Securities have been sold pursuant to the shelf registration
statement or another registration statement filed under the Securities Act (but in no event prior to the applicable period referred
to in Section 4(3) of the Securities Act and Rule 174 thereunder) and (ii) the date as of which each of the Shareholders participating
in such Shelf Registration is permitted to sell its Registrable Securities without registration pursuant to Rule 144 under the
Securities Act without volume limitation or other restrictions on transfer thereunder.

 

(f)               
Priority on Demand Registration. If any of the Registrable Securities registered pursuant to a Demand Registration
are to be sold in a firm commitment underwritten offering, and the managing underwriter or underwriters advise the holders of such
securities in writing that in its view the total number or dollar amount of Registrable Securities proposed to be sold in such
offering is such as to adversely affect the success of such offering (including securities proposed to be included by other holders
of securities entitled to include securities in such Registration Statement pursuant to incidental or piggyback registration rights),
then there shall be included in such firm commitment underwritten offering the number or dollar amount of Registrable Securities
that in the opinion of such managing underwriter can be sold without adversely affecting such offering, and such number of Registrable
Securities shall be allocated as follows, unless the underwriter requires a different allocation:

 

(i)                
first, pro rata among the holders of Registrable Securities on the basis of the percentage of the Registrable Securities
requested to be included in such Registration Statement by such holders; and

 

(ii)              
second, the securities for which inclusion in such Demand Registration, as the case may be, was requested by the
Corporation.

 

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For purposes of any underwriter
cutback, all Registrable Securities held by any Shareholder shall also include any Registrable Securities held by the partners,
retired partners, shareholders or Affiliates of such holder, or the estates and family members of any such holder or such partners
and retired partners, any trusts for the benefit of any of the foregoing Persons and, at the election of such holder or such partners,
retired partners, trust or Affiliates, any charitable organization, in each case to which any of the foregoing shall have been
distributed, transferred or contributed Registrable Securities prior to the execution of the underwriting agreement in connection
with such underwritten offering; provided that such distribution, transfer or contribution occurred not more than 90 days
prior to such execution, and such holder and other Persons shall be deemed to be a single selling holder, and any pro rata reduction
(unless the managing underwriter requires a different allocation) with respect to such selling holder shall be based upon the aggregate
amount of Registrable Securities owned by all Persons included in such selling holder, as defined in this sentence. No securities
excluded from the underwriting by reason of the underwriter’s marketing limitation shall be included in such registration.

 

(g)              
Postponement of Demand Registration. The Corporation shall be entitled to postpone (but not more than once
in any 12-month period), for a reasonable period of time not in excess of 60 days, the filing of a Registration Statement if the
Corporation delivers to the holders requesting registration a certificate signed by both the chief executive officer and chief
financial officer of the Corporation certifying that, in the good faith judgment of the board of directors of the Corporation,
such registration and offering would reasonably be expected to materially adversely affect or materially interfere with any bona
fide material financing of the Corporation or any material transaction under consideration by the Corporation or would require
disclosure of information that has not been disclosed to the public, the premature disclosure of which would materially adversely
affect the Corporation. Such certificate shall contain a statement of the reasons for such postponement and an approximation of
the anticipated delay. The holders receiving such certificate shall keep the information contained in such certificate confidential
subject to the same terms set forth in Section 6(p). If the Corporation shall so postpone the filing of a Registration Statement,
the Sponsor Investor Shareholder shall have the right to withdraw the request for registration by giving written notice to the
Corporation within 20 days of the anticipated termination date of the postponement period, as provided in the certificate delivered
to the holders.

 

(h)              
Cancellation of a Demand Registration. Holders of a majority of the Registrable Securities that are to be
registered in a particular offering pursuant to this Section 3 shall have the right to notify the Corporation that they have determined
that the registration statement be abandoned or withdrawn, in which event the Corporation shall abandon or withdraw such registration
statement.

 

(i)                
Number of Demand Notices. In connection with the provisions of this Section 3, the Sponsor Investor Shareholder
shall have an unlimited number of Demand Notices which it is permitted to deliver (or cause to be delivered) to the Corporation
hereunder.

 

(j)                
Registration Statement Form. If any registration requested pursuant to this Section 3 that is proposed by
the Corporation to be effected by the filing of a Registration Statement on Form S-3 (or any successor or similar short-form registration
statement) shall be in connection with an underwritten Public Offering, and if the managing underwriter shall advise the Corporation
in writing that, in its opinion, the use of another form of Registration Statement is of material importance to the success of
such proposed offering or is otherwise required by applicable law, then such registration shall be effected on such other form.

 

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Section 4.     
Piggyback Registration.

 

(a)               
Right to Piggyback. Except with respect to a Demand Registration, the procedures for which are addressed in
Section 3, if the Corporation proposes to file a registration statement under the Securities Act with respect to an offering of
Common Stock whether or not for sale for its own account (other than a registration statement (i) on Form S-4, Form S-8 or any
successor forms thereto or (ii) filed solely in connection with an exchange offer or any employee benefit or dividend reinvestment
plan), then, each such time, the Corporation shall give prompt written notice of such filing no later than ten days prior to the
filing date (the “Piggyback Notice”) to all of the holders of Registrable Securities. The Piggyback Notice shall
offer such holders the opportunity to include (or cause to be included) in such registration statement the number of Registrable
Securities as each such holder may request (a “Piggyback Registration”). Subject to Section 4(b) hereof, the
Corporation shall include in each such Piggyback Registration all Registrable Securities with respect to which the Corporation
has received written requests for inclusion therein within ten days after notice has been given to the applicable holder. The Corporation
shall not be required to maintain the effectiveness of the Registration Statement for a Piggyback Registration beyond the earlier
to occur of (i) 180 days after the effective date thereof and (ii) consummation of the distribution by the holders of the Registrable
Securities included in such Registration Statement.

 

Notwithstanding anything to the contrary
in this Agreement, no member of management who has been provided with piggyback rights shall be permitted to exercise such rights
in connection with any Public Offering, unless the Sponsor Investor Shareholder is selling Registrable Securities in such transaction.

 

(b)              
Priority on Piggyback Registrations. The Corporation shall use reasonable best efforts to cause the managing
underwriter or underwriters of a proposed underwritten offering to permit holders of Registrable Securities who have submitted
a Piggyback Notice in connection with such offering to include in such offering all Registrable Securities included in each holder’s
Piggyback Notice on the same terms and conditions as any other shares of capital stock, if any, of the Corporation included in
the offering. Notwithstanding the foregoing, if the managing underwriter or underwriters of such underwritten offering have informed
the Corporation in writing that it is their good faith opinion that the total amount of securities that such holders, the Corporation
and any other Persons having rights to participate in such registration, intend to include in such offering is such as to adversely
affect the success of such offering, then the amount of securities to be offered (i) for the account of holders of Registrable
Securities (other than the Corporation) and (ii) for the account of all such other Persons (other than the Corporation) shall be
reduced to the extent necessary to reduce the total amount of securities to be included in such offering to the amount recommended
by such managing underwriter or underwriters by first reducing, or eliminating if necessary, all securities of the Corporation
requested to be included by such other Persons (other than the Corporation and holders of Registrable Securities) and then, if
necessary, reducing the securities requested to be included by the holders of Registrable Securities requesting such registration
pro rata among such holders on the basis of the percentage of the Registrable Securities requested to be included in such Registration
Statement by such holders.

 

(c)               
Shelf Take-Downs. At any time that a shelf registration statement covering Registrable Securities pursuant
to Section 3 or Section 4 is effective, if any holder or group of holders of Registrable Securities delivers a notice to the Corporation
(a “Take-Down Notice”) stating that it intends to effect an underwritten offering of all or part of its Registrable
Securities included by it on the shelf registration statement (a “Shelf Underwritten Offering”), then,
the Corporation shall amend or supplement the shelf registration statement as may be necessary in order to enable such Registrable
Securities to be distributed pursuant to the Shelf Underwritten Offering (taking into account the inclusion of Registrable Securities
by any other holders pursuant to this Section 4(c)). In connection with any Shelf Underwritten Offering:

 

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(i)                
such proposing holder(s) shall also deliver the Take-Down Notice to all other holders of Registrable Securities included
on such shelf registration statement and permit each such holder to include its Registrable Securities included on the shelf registration
statement in the Shelf Underwritten Offering if such holder notifies the proposing holders and the Corporation within five days
after delivery of the Take-Down Notice to such holder; and

 

(ii)              
in the event that the underwriter determines that marketing factors (including an adverse effect on the per share
offering price) require a limitation on the number of Registrable Securities that would otherwise be included in such take down,
the underwriter may limit the number of Registrable Securities that would otherwise be included in such take-down offering in the
same manner as described in Section 4(b) with respect to a limitation of shares to be included in a registration.

 

Section 5.     
Restrictions on Public Sale by Holders of Registrable Securities. Each holder of Registrable Securities agrees,
in connection with any underwritten offering made pursuant to a Registration Statement filed pursuant to Section 3 or Section
4 hereof (whether or not such holder elected to include Registrable Securities in such Registration Statement), if requested (pursuant
to a written notice) by the managing underwriter or underwriters in an underwritten offering, not to effect any public sale or
distribution of any of the Corporation’s securities (except as part of such underwritten offering), including a sale pursuant
to Rule 144 or any swap or other economic arrangement that transfers to another any of the economic consequences of owning the
Common Stock, or to give any Demand Notice during the period commencing on the date of the request (which shall be no earlier
than 14 days prior to the expected “pricing” of such offering) and continuing for not more than 90 days after the
date of the Prospectus (or Prospectus supplement if the offering is made pursuant to a shelf registration), pursuant to which
such Public Offering shall be made, or such lesser period as is required by the managing underwriter. GP shall be responsible
for negotiating all “lock-up” agreements with the underwriters and, in addition to the foregoing provisions of this
Section 5, the Shareholders and holders of Registrable Securities agree to execute the form so negotiated; provided that
(i) the terms and conditions of such “lock-up” agreements applicable to the Sponsor Investor Shareholder and each
other Shareholder that is a limited partner in the Partnership (“Locked-Up Shareholders”) shall be substantially
the same in all material respects and (ii) any discretionary waiver or termination of the restrictions contained in such “lock-up”
agreements that apply to Locked-Up Shareholders shall apply to all Locked-Up Shareholders on substantially the same terms with
regard to one another. If any registration pursuant to Section 3 of this Agreement shall be in connection with any underwritten
Public Offering, the Corporation will not effect any public sale or distribution of any common equity (or securities convertible
into or exchangeable or exercisable for common equity) (other than a registration statement (i) on Form S-4, Form S-8 or any successor
forms thereto or (ii) filed solely in connection with an exchange offer or any employee benefit or dividend reinvestment plan)
for its own account, within 90 days (or such shorter periods as the managing underwriters may agree to with the GP) after the
effective date of such registration except as may otherwise be agreed between the Corporation and the managing underwriters of
such Public Offering.

 

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Section 6.     
Registration Procedures. If and whenever the Corporation is required to effect the registration of any Registrable
Securities under the Securities Act as provided in Section 3 and Section 4 hereof, the Corporation shall effect such registration
to permit the sale of such Registrable Securities in accordance with the intended method or methods of disposition thereof, and
pursuant thereto the Corporation shall cooperate in the sale of the securities and shall, as expeditiously as possible:

 

(a)               
prepare and file with the SEC a Registration Statement or Registration Statements on such form as shall be available
for the sale of the Registrable Securities by the holders thereof or by the Corporation in accordance with the intended method
or methods of distribution thereof, and use its reasonable best efforts to cause such Registration Statement to become effective
and to remain effective as provided herein; provided, however, that before filing a Registration Statement or Prospectus
or any amendments or supplements thereto (including documents that would be incorporated or deemed to be incorporated therein by
reference), the Corporation shall furnish or otherwise make available to the holders of the Registrable Securities covered by such
Registration Statement, their counsel and the managing underwriters, if any, copies of all such documents proposed to be filed,
which documents will be subject to the reasonable review and comment of such counsel, and such other documents reasonably requested
by such counsel, including any comment letter from the SEC, and, if requested by such counsel, provide such counsel reasonable
opportunity to participate in the preparation of such Registration Statement and each Prospectus included therein and such other
opportunities to conduct a reasonable investigation within the meaning of the Securities Act, including reasonable access to the
Corporation’s books and records, officers, accountants and other advisors. The Corporation shall not file any such Registration
Statement or Prospectus or any amendments or supplements thereto (including such documents that, upon filing, would be incorporated
or deemed to be incorporated by reference therein) with respect to a Demand Registration to which the holders of a majority of
the Registrable Securities covered by such Registration Statement, their counsel, or the managing underwriters, if any, shall reasonably
object, in writing, on a timely basis, unless, in the opinion of the Corporation, such filing is necessary to comply with applicable
law;

 

(b)              
prepare and file with the SEC such amendments and post-effective amendments to each Registration Statement as may
be necessary to keep such Registration Statement continuously effective during the period provided herein and comply in all material
respects with the provisions of the Securities Act with respect to the disposition of all securities covered by such Registration
Statement and cause the related Prospectus to be supplemented by any Prospectus supplement as may be necessary to comply with the
provisions of the Securities Act with respect to the disposition of the securities covered by such Registration Statement, and
as so supplemented to be filed pursuant to Rule 424 (or any similar provisions then in force) under the Securities Act;

 

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(c)               
notify each selling holder of Registrable Securities, its counsel and the managing underwriters, if any, promptly,
and (if requested by any such Person) confirm such notice in writing, (i) when a Prospectus or any Prospectus supplement or post-effective
amendment has been filed and, with respect to a Registration Statement or any post-effective amendment, when the same has become
effective, (ii) of any request by the SEC or any other federal or state governmental authority for amendments or supplements to
a Registration Statement or related Prospectus or for additional information, (iii) of the issuance by the SEC of any stop order
suspending the effectiveness of a Registration Statement or the initiation of any Proceedings for that purpose, (iv) if at any
time the Corporation has reason to believe that the representations and warranties of the Corporation contained in any agreement
(including any underwriting agreement) contemplated by Section 6(o) below cease to be true and correct, (v) of the receipt by the
Corporation of any notification with respect to the suspension of the qualification or exemption from qualification of any of the
Registrable Securities for sale in any jurisdiction, or the initiation or threatening of any Proceeding for such purpose, and (vi)
if the Corporation has knowledge of the happening of any event that makes any statement made in such Registration Statement or
related Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect
or that requires the making of any changes in such Registration Statement, Prospectus or documents so that, in the case of the
Registration Statement, it will not contain any untrue statement of a material fact or omit to state any material fact required
to be stated therein or necessary to make the statements therein not misleading and, that in the case of the Prospectus, it will
not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements
therein, in light of the circumstances under which they were made, not misleading (which notice shall notify the selling holders
only of the occurrence of such an event and shall provide no additional information regarding such event to the extent such information
would constitute material nonpublic information);

 

(d)              
use its reasonable best efforts to obtain the withdrawal of any order suspending the effectiveness of a Registration
Statement, or the lifting of any suspension of the qualification (or exemption from qualification) of any of the Registrable Securities
for sale in any jurisdiction at the earliest date reasonably practicable;

 

(e)               
if requested by the managing underwriters, if any, or the holders of a majority of the then outstanding Registrable
Securities being sold in connection with an underwritten offering, promptly include in a Prospectus supplement or post-effective
amendment such information as the managing underwriters, if any, and such holders may reasonably request in order to permit the
intended method of distribution of such securities and make all required filings of such Prospectus supplement or such post-effective
amendment as soon as practicable after the Corporation has received such request; provided, however, that the Corporation
shall not be required to take any actions under this Section 6(e) that are not, in the opinion of counsel for the Corporation,
in compliance with applicable law;

 

(f)               
furnish or make available to each selling holder of Registrable Securities, its counsel and each managing underwriter,
if any, without charge, at least one conformed copy of the Registration Statement, the Prospectus and Prospectus supplements, if
applicable, and each post-effective amendment thereto, including financial statements (but excluding schedules, all documents incorporated
or deemed to be incorporated therein by reference and all exhibits, unless requested in writing by such holder, counsel or underwriter);
provided that the Corporation may furnish or make available any such documents in electronic format;

 

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(g)              
deliver to each selling holder of Registrable Securities, its counsel and the underwriters, if any, without charge,
as many copies of the Prospectus or Prospectuses (including each form of Prospectus) and each amendment or supplement thereto as
such Persons may reasonably request from time to time in connection with the distribution of the Registrable Securities; provided
that the Corporation may furnish or make available any such documents in electronic format, and the Corporation, subject to the
last paragraph of this Section 6, hereby consents to the use of such Prospectus and each amendment or supplement thereto by each
of the selling holders of Registrable Securities and the underwriters, if any, in connection with the offering and sale of the
Registrable Securities covered by such Prospectus and any such amendment or supplement thereto;

 

(h)              
prior to any Public Offering of Registrable Securities, use its reasonable best efforts to register or qualify or
cooperate with the selling holders of Registrable Securities, the underwriters, if any, and their respective counsel in connection
with the registration or qualification (or exemption from such registration or qualification) of such Registrable Securities for
offer and sale under the securities or “blue sky” laws of such jurisdictions within the United States as any seller
or underwriter reasonably requests in writing and to keep each such registration or qualification (or exemption therefrom) effective
during the period such Registration Statement is required to be kept effective and to take any other action that may be necessary
or advisable to enable such holders of Registrable Securities to consummate the disposition of such Registrable Securities in such
jurisdiction; provided, however, that the Corporation will not be required to (i) qualify generally to do business
in any jurisdiction where it is not then so qualified or (ii) take any action that would subject it to general service of process
in any such jurisdiction where it is not then so subject;

 

(i)                
cooperate with the selling holders of Registrable Securities and the managing underwriters, if any, to facilitate
the timely preparation and delivery of certificates (not bearing any legends) representing Registrable Securities to be sold after
receiving written representations from each holder of such Registrable Securities that the Registrable Securities represented by
the certificates so delivered by such holder will be transferred in accordance with the Registration Statement and enable such
Registrable Securities to be in such denominations and registered in such names as the managing underwriters, if any, or holders
may request at least two business days prior to any sale of Registrable Securities in a firm commitment Public Offering, but in
any other such sale, within ten business days prior to having to issue the securities;

 

(j)                
use its reasonable best efforts to cause the Registrable Securities covered by the Registration Statement to be registered
with or approved by all other applicable governmental agencies or authorities within the United States, except as may be required
solely as a consequence of the nature of such selling holder’s business, in which case the Corporation will cooperate in
all reasonable respects with the filing of such Registration Statement and the granting of such approvals, as may be necessary
to enable the seller or sellers thereof or the underwriters, if any, to consummate the disposition of such Registrable Securities;

 

(k)              
upon the occurrence of, and its knowledge of, any event contemplated by Section 6(c)(vi) above, prepare a supplement
or post-effective amendment to the Registration Statement or a supplement to the related Prospectus or any document incorporated
or deemed to be incorporated therein by reference or file any other required document so that, as thereafter delivered to the purchasers
of the Registrable Securities being sold thereunder, such Prospectus will not contain an untrue statement of a material fact or
omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances
under which they were made, not misleading;

 

    	11

    	 

    

(l)                
prior to the effective date of the Registration Statement relating to the Registrable Securities, provide a CUSIP
number for the Registrable Securities;

 

(m)            
provide and cause to be maintained a transfer agent and registrar for all Registrable Securities covered by such
Registration Statement from and after a date not later than the effective date of such Registration Statement;

 

(n)              
use its reasonable best efforts to cause all shares of Registrable Securities covered by such Registration Statement
to be listed on a national securities exchange if shares of the particular class of Registrable Securities are at that time listed
on such exchange, as the case may be, prior to the effectiveness of such Registration Statement;

 

(o)              
enter into such agreements (including an underwriting agreement in form, scope and substance as is customary in underwritten
offerings) and take all such other actions reasonably requested by the holders of a majority of the Registrable Securities being
sold in connection therewith (including those reasonably requested by the managing underwriters, if any) to expedite or facilitate
the disposition of such Registrable Securities, and in connection therewith, whether or not an underwriting agreement is entered
into and whether or not the registration is an underwritten registration, (i) make such representations and warranties to the holders
of such Registrable Securities and the underwriters, if any, with respect to the business of the Corporation and its subsidiaries,
the Registration Statement, the Prospectus and documents, if any, incorporated or deemed to be incorporated by reference therein,
in each case, in form, substance and scope as are customarily made by issuers to underwriters in underwritten offerings, and, if
true, confirm the same if and when requested, (ii) use its reasonable best efforts to furnish to the selling holders of such Registrable
Securities opinions of counsel to the Corporation and updates thereof (which counsel and opinions (in form, scope and substance)
shall be reasonably satisfactory to the managing underwriters, if any, and counsels to the selling holders of the Registrable Securities),
addressed to each selling holder of Registrable Securities and each of the underwriters, if any, covering the matters customarily
covered in opinions requested in underwritten offerings and such other matters as may be reasonably requested by such counsel and
underwriters, (iii) use its reasonable best efforts to obtain “cold comfort” letters and updates thereof from the independent
certified public accountants of the Corporation (and, if necessary, any other independent certified public accountants of any subsidiary
of the Corporation or of any business acquired by the Corporation for which financial statements and financial data are, or are
required to be, included in the Registration Statement) who have certified the financial statements included in such Registration
Statement, addressed to each selling holder of Registrable Securities (unless such accountants shall be prohibited from so addressing
such letters by applicable standards of the accounting profession) and each of the underwriters, if any, such letters to be in
customary form and covering matters of the type customarily covered in “cold comfort” letters in connection with underwritten
offerings, (iv) if an underwriting agreement is entered into, the same shall contain indemnification provisions and procedures
substantially to the effect set forth in Section 8 hereof with respect to all parties to be indemnified pursuant to said Section
and (v) deliver such documents and certificates as may be reasonably requested by the holders of a majority of the Registrable
Securities being sold pursuant to such Registration Statement, their counsel and the managing underwriters, if any, to evidence
the continued validity of the representations and warranties made pursuant to Section 6(o)(i) above and to evidence compliance
with any customary conditions contained in the underwriting agreement or other agreement entered into by the Corporation. The above
shall be done at each closing under such underwriting or similar agreement, or as and to the extent required thereunder;

 

    	12

    	 

    

(p)              
make available for inspection by a representative of the selling holders of Registrable Securities, any underwriter
participating in any such disposition of Registrable Securities, if any, and any attorneys or accountants retained by such selling
holders or underwriter, at the offices where normally kept, during reasonable business hours, all financial and other records,
pertinent corporate documents and properties of the Corporation and its subsidiaries and cause the officers, directors and employees
of the Corporation and its subsidiaries to supply all information in each case reasonably requested by any such representative,
underwriter, attorney or accountant in connection with such Registration Statement; provided, however, that any information
that is not generally publicly available at the time of delivery of such information shall be kept confidential by such Persons
unless (i) disclosure of such information is required by court or administrative order, (ii) disclosure of such information, in
the opinion of counsel to such Person, is required by law or applicable legal process, or (iii) such information becomes generally
available to the public other than as a result of a non-permitted disclosure or failure to safeguard by such Person. In the case
of a proposed disclosure pursuant to (i) or (ii) above, such Person shall be required to give the Corporation written notice of
the proposed disclosure prior to such disclosure and, if requested by the Corporation, assist the Corporation in seeking to prevent
or limit the proposed disclosure. Without limiting the foregoing, no such information shall be used by such Person as the basis
for any market transactions in securities of the Corporation or its subsidiaries in violation of law;

 

(q)              
cause its officers to use their reasonable best efforts to support the marketing of the Registrable Securities covered
by the Registration Statement (including participation in “road shows”) taking into account the Corporation’s
business needs; and

 

(r)                
cooperate with each seller of Registrable Securities and each underwriter or agent participating in the disposition
of such Registrable Securities and their respective counsel in connection with any filings required to be made with the FINRA.

 

The Corporation may require each
holder of Registrable Securities as to which any registration is being effected to furnish to the Corporation in writing such information
required in connection with such registration regarding such seller and the distribution of such Registrable Securities as the
Corporation may, from time to time, reasonably request in writing and the Corporation may exclude from such registration the Registrable
Securities of any holder who unreasonably fails to furnish such information within a reasonable time after receiving such request.

 

Each holder of Registrable Securities agrees
if such holder has Registrable Securities covered by such Registration Statement that, upon receipt of any notice from the Corporation
of the happening of any event of the kind described in Sections 6(c)(ii), 6(c)(iii), 6(c)(iv), 6(c)(v) or 6(c)(vi) hereof, such
holder will forthwith discontinue disposition of such Registrable Securities covered by such Registration Statement or Prospectus
until such holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 6(k) hereof,
or until it is advised in writing by the Corporation that the use of the applicable Prospectus may be resumed, and has received
copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus;
provided, however, that the time periods under Section 3 with respect to the length of time that the effectiveness
of a Registration Statement must be maintained shall automatically be extended by the amount of time the holder is required to
discontinue disposition of such securities.

 

    	13

    	 

    

Section 7.     
Registration Expenses. All reasonable fees and expenses incident to the performance of or compliance with
this Agreement by the Corporation, including (i) all registration and filing fees (including fees and expenses with respect to
(A) filings required to be made with the SEC and FINRA and (B) compliance with securities or “blue sky” laws, including
any fees and disbursements of counsel for the underwriters in connection with “blue sky” qualifications of the Registrable
Securities pursuant to Section 6(h)), (ii) printing expenses (including expenses of printing certificates for Registrable Securities
in a form eligible for deposit with The Depository Trust Company and of printing Prospectuses if the printing of Prospectuses is
requested by the managing underwriters, if any, or by the holders of a majority of the Registrable Securities included in any Registration
Statement), (iii) messenger, telephone and delivery expenses of the Corporation, (iv) fees and disbursements of counsel for the
Corporation, (v) expenses of the Corporation incurred in connection with any road show, (vi) fees and disbursements of all independent
certified public accountants referred to in Section 6(o)(iii) hereof (including the expenses of any “cold comfort”
letters required by this Agreement) and any other Persons, including special experts retained by the Corporation, and (vii) fees
and disbursements of one counsel for the Sponsor Investor Shareholder and the holders of Registrable Securities whose shares are
included in a Registration Statement, which counsel shall be selected by the Sponsor Investor Shareholder (and otherwise, by the
holders of a majority of the Registrable Securities being sold in connection therewith) shall be borne by the Corporation whether
or not any Registration Statement is filed or becomes effective. In addition, the Corporation shall pay its internal expenses (including
all salaries and expenses of its officers and employees performing legal or accounting duties), the expense of any annual audit,
the fees and expenses incurred in connection with the listing of the securities to be registered on any securities exchange on
which similar securities issued by the Corporation are then listed and rating agency fees and the fees and expenses of any Person,
including special experts, retained by the Corporation.

 

The Corporation shall not be required to
pay (i) fees and disbursements of any counsel retained by any holder of Registrable Securities or by any underwriter (except as
set forth in Sections 7(i)(B) and 7(vii)), (ii) any underwriter’s fees (including discounts, commissions or fees of underwriters,
selling brokers, dealer managers or similar securities industry professionals) relating to the distribution of the Registrable
Securities (other than with respect to Registrable Securities sold by the Corporation), or (iii) any other expenses of the holders
of Registrable Securities not specifically required to be paid by the Corporation pursuant to the first paragraph of this Section
7.

 

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Section 8.     
Indemnification.

 

(a)               
Indemnification by the Corporation. The Corporation shall, without limitation as to time, indemnify and hold
harmless, to the fullest extent permitted by law, each holder of Registrable Securities whose Registrable Securities are covered
by a Registration Statement or Prospectus, the officers, directors, partners, members, managers, shareholders, accountants, attorneys,
agents and employees of each of them, each Person who controls each such holder (within the meaning of Section 15 of the Securities
Act or Section 20 of the Exchange Act) and the officers, directors, partners, members, managers, shareholders, accountants, attorneys,
agents and employees of each such controlling Person, each underwriter, if any, and each Person who controls such underwriter (within
the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) from and against any and all losses, claims,
damages, liabilities, costs (including costs of preparation and reasonable attorneys’ fees and any legal or other fees or
expenses incurred by such party in connection with any investigation or Proceeding), expenses, judgments, fines, penalties, charges
and amounts paid in settlement (collectively, “Losses”), as incurred, arising out of or based upon any untrue
statement (or alleged untrue statement) of a material fact contained in any Prospectus, offering circular, or other document (including
any related Registration Statement, notification, or the like) incident to any such registration, qualification, or compliance,
or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make
the statements therein not misleading, or any violation by the Corporation of the Securities Act, the Exchange Act, any state securities
law, or any rule or regulation thereunder applicable to the Corporation and (without limitation of the preceding portions of this
Section 8(a)) will reimburse each such holder, each of its officers, directors, partners, members, managers, shareholders, accountants,
attorneys, agents and employees and each Person who controls each such holder and the officers, directors, partners, members, managers,
shareholders, accountants, attorneys, agents and employees of each such controlling Person, each such underwriter and each Person
who controls any such underwriter for any legal and any other expenses reasonably incurred in connection with investigating and
defending or settling any such claim, Loss, damage, liability, or action, provided that the Corporation will not be liable
in any such case to the extent that any such claim, Loss, damage, liability, or expense arises out of or is based on any untrue
statement or omission by such holder or underwriter, but only to the extent, that such untrue statement (or alleged untrue statement)
or omission (or alleged omission) is made in such Registration Statement, Prospectus, offering circular, or other document in reliance
upon and in conformity with written information furnished to the Corporation by such holder for use therein. It is agreed that
the indemnity agreement contained in this Section 8(a) shall not apply to amounts paid in settlement of any such Loss, claim, damage,
liability, or action if such settlement is effected without the consent of the Corporation (which consent shall not be unreasonably
withheld).

 

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(b)              
Indemnification by Holder of Registrable Securities. The Corporation may require, as a condition to including
any Registrable Securities in any registration statement filed in accordance with this Agreement, that the Corporation shall have
received an undertaking reasonably satisfactory to it from the prospective seller of such Registrable Securities to indemnify,
to the fullest extent permitted by law, severally and not jointly with any other holders of Registrable Securities, the Corporation,
its directors and officers, each Person who controls the Corporation (within the meaning of Section 15 of the Securities Act and
Section 20 of the Exchange Act) and all other prospective sellers from and against all Losses arising out of or based on any untrue
statement of a material fact contained in any such Registration Statement, Prospectus, offering circular, or other document, or
any omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading,
and to (without limitation of the portions of this Section 8(b)) reimburse the Corporation, its directors and officers, each Person
who controls the Corporation (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act) and all
other prospective sellers for any legal or any other expenses reasonably incurred in connection with investigating or defending
any such claim, Loss, damage, liability, or action, in each case to the extent, but only to the extent, that such untrue statement
or omission is made in such Registration Statement, Prospectus, offering circular, or other document in reliance upon and in conformity
with written information furnished to the Corporation by such holder for inclusion in such Registration Statement, Prospectus,
offering circular or other document; provided, however, that the obligations of such holder under such undertaking
shall not apply to amounts paid in settlement of any such claims, Losses, damages, or liabilities (or actions in respect thereof)
if such settlement is effected without the consent of such holder (which consent shall not be unreasonably withheld); and provided,
further, that the liability of such holder of Registrable Securities shall be limited to the net proceeds received by such
selling holder from the sale of Registrable Securities covered by such Registration Statement.

 

(c)               
Conduct of Indemnification Proceedings. If any Person shall be entitled to indemnity hereunder or under the
undertaking contemplated by Section 8(b) (an “Indemnified Party”), such Indemnified Party shall give prompt
notice to the party from which such indemnity is sought (the “Indemnifying Party”) of any claim or of the commencement
of any Proceeding with respect to which such Indemnified Party seeks indemnification or contribution pursuant hereto; provided,
however, that the delay or failure to so notify the Indemnifying Party shall not relieve the Indemnifying Party from any
obligation or liability except to the extent that the Indemnifying Party has been materially prejudiced by such delay or failure.
The Indemnifying Party shall have the right, exercisable by giving written notice to an Indemnified Party promptly after the receipt
of written notice from such Indemnified Party of such claim or Proceeding, to, unless in the Indemnified Party’s reasonable
judgment a conflict of interest between such Indemnified Party and such Indemnifying Party may exist in respect of such claim,
assume, at the Indemnifying Party’s expense, the defense of any such claim or Proceeding, with counsel reasonably satisfactory
to such Indemnified Party; provided, however, that an Indemnified Party shall have the right to employ separate counsel
in any such claim or Proceeding and to participate in the defense thereof, but the fees and expenses of such counsel shall be at
the expense of such Indemnified Party unless: (i) the Indemnifying Party agrees to pay such fees and expenses or (ii) the Indemnifying
Party fails to promptly assume, or in the event of a conflict of interest cannot assume, the defense of such claim or Proceeding
or fails to employ counsel reasonably satisfactory to such Indemnified Party, in which case the Indemnified Party shall have the
right to employ separate counsel and to assume the defense of such claim or Proceeding at the Indemnifying Party’s expense;
provided, further, however, that the Indemnifying Party shall not, in connection with any one such claim or
Proceeding or separate but substantially similar or related claims or Proceedings in the same jurisdiction, arising out of the
same general allegations or circumstances, be liable for the fees and expenses of more than one firm of attorneys (together with
appropriate local counsel) at any time for all of the Indemnified Parties, or for fees and expenses that are not reasonable. Whether
or not such defense is assumed by the Indemnifying Party, such Indemnifying Party will not be subject to any liability for any
settlement made without its consent (but such consent will not be unreasonably withheld). The Indemnifying Party shall not consent
to entry of any judgment or enter into any settlement that does not include as an unconditional term thereof the giving by the
claimant or plaintiff to such Indemnified Party of a release, in form and substance reasonably satisfactory to the Indemnified
Party, from all liability in respect of such claim or litigation for which such Indemnified Party would be entitled to indemnification
hereunder.

 

    	16

    	 

    

(d)              
Contribution. If the indemnification provided for in this Section 8 is unavailable to an Indemnified Party
in respect of any Losses (other than in accordance with its terms), then each applicable Indemnifying Party, in lieu of indemnifying
such Indemnified Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of such Losses, in
such proportion as is appropriate to reflect the relative fault of the Indemnifying Party, on the one hand, and such Indemnified
Party, on the other hand, in connection with the actions, statements or omissions that resulted in such Losses as well as any other
relevant equitable considerations. The relative fault of such Indemnifying Party, on the one hand, and Indemnified Party, on the
other hand, shall be determined by reference to, among other things, whether any action in question, including any untrue or alleged
untrue statement of a material fact or omission or alleged omission to state a material fact, has been made (or omitted) by, or
relates to information supplied by, such Indemnifying Party or Indemnified Party and the parties’ relative intent, knowledge,
access to information and opportunity to correct or prevent any such action, statement or omission.

 

The parties hereto agree that it would not
be just and equitable if contribution pursuant to this Section 8(d) were determined by pro rata allocation or by any other method
of allocation that does not take account of the equitable considerations referred to in the immediately preceding paragraph. Notwithstanding
the provisions of this Section 8(d), an Indemnifying Party that is a selling holder of Registrable Securities shall not be required
to contribute any amount in excess of the amount that such Indemnifying Party has otherwise been, or would otherwise be, required
to pay pursuant to Section 8(b) by reason of such untrue or alleged untrue statement or omission or alleged omission. No Person
guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution
from any Person who was not guilty of such fraudulent misrepresentation.

 

(e)               
Notwithstanding the foregoing, to the extent that the provisions on indemnification and contribution contained in
the underwriting agreement entered into in connection with the underwritten Public Offering are in conflict with the foregoing
provisions, the provisions in the underwriting agreement shall control.

 

Section 9.     
Rule 144.

 

(a)               
The Corporation shall (i) use reasonable best efforts to file the reports required to be filed by it under the Securities
Act and the Exchange Act in a timely manner, (ii) take such further action as any holder of Registrable Securities may reasonably
request and (iii) furnish to each holder of Registrable Securities forthwith upon written request (x) a written statement by the
Corporation as to its compliance with the reporting requirements of Rule 144, the Securities Act and the Exchange Act, (y) a copy
of the most recent annual or quarterly report of the Corporation and (z) such other reports and documents so filed by the Corporation
as such holder may reasonably request in availing itself of Rule 144, all to the extent required from time to time to enable such
holder to sell Registrable Securities without registration under the Securities Act within the limitations of the exemption provided
by Rule 144. Upon the request of any holder of Registrable Securities, the Corporation shall deliver to such holder a written statement
as to whether it has complied with such requirements.

 

    	17

    	 

    

(b)              
The foregoing provisions of this Section 9 are not intended to modify or otherwise affect any restrictions on transfers
of securities contained in any other contract or agreement, including the Partnership Agreement.

 

Section 10. 
Underwritten Registrations. In connection with any underwritten offering, the investment banker or investment
bankers and managers shall be selected by (i) the Sponsor Investor Shareholder in a Demand Registration or a Shelf Underwritten
Offering it initiates, which selection shall be subject to approval by the Corporation, not to be unreasonably withheld, and (ii)
the Corporation to administer any other offering, including any Piggyback Registration (other than a Shelf Underwritten Offering
initiated by the Sponsor Investor Shareholder); provided that the Sponsor Investor Shareholder and the Corporation acknowledge
and agree that, subject to the Partnership Agreement, each shall consider, in good faith, using the services of KKR Capital Markets
LLC (or any related entity through which it conducts its business) as the investment banker and/or manager, as appropriate.

 

No Person may participate in any underwritten
registration hereunder unless such Person (i) agrees to sell the Registrable Securities it desires to have covered by a Registration
Statement on the basis provided in any underwriting arrangements in customary form and (ii) completes and executes all questionnaires,
powers of attorney, indemnities, underwriting agreements and other documents required under the terms of such underwriting arrangements;
provided that such Person shall not be required to make any representations or warranties other than those related to title
and ownership of such Person’s Registrable Securities being sold and as to the accuracy and completeness of statements made
in a Registration Statement, Prospectus, offering circular, or other document in reliance upon and in conformity with written information
furnished to the Corporation or the managing underwriter by such Person for use therein.

 

Section 11. 
Miscellaneous.

 

(a)               
Amendments and Waivers. The provisions of this Agreement, including the provisions of this sentence, may not
be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given, without
the written consent of the Sponsor Investor Shareholder; provided, however, that (x) any amendment, modification,
supplement, waiver or consent to departures from the provisions of this Agreement that would subject a Shareholder to adverse differential
treatment relative to the other Shareholders shall require the agreement of the differentially treated Shareholder and (y) any
amendment, modification, supplement, waiver or consent to departures from the provisions of this Agreement that would be adverse
to a right specifically granted to a specific Shareholder herein (but not to other Shareholders) shall require the agreement of
that Shareholder; and provided, further, that any adverse amendment, modification, supplement or waiver or consent
to departures from (i) the registration rights provisions or related cutback provisions contained in Section 3(c), Section 3(f),
Section 4(a), Section 4(b) and Section 4(c), (ii) Section 5, (iii) Section 9 and (iv) this Section 11(a), including, in each such
case, to any definitions used in such sections, shall require the consent of holders holding a majority of the Registrable Securities
covered hereby (excluding for such calculation any Registrable Securities held by the Sponsor Investor Shareholder). Notwithstanding
the foregoing, a waiver or consent to depart from the provisions hereof with respect to a matter that relates exclusively to the
rights of holders of Registrable Securities whose securities are being sold pursuant to a Registration Statement and that does
not directly or indirectly affect the rights of other holders of Registrable Securities may be given by holders of at least a majority
of the Registrable Securities being sold by such holders pursuant to such Registration Statement.

 

    	18

    	 

    

(b)              
Notices. All notices required to be given hereunder shall be in writing and shall be deemed to be duly given
if personally delivered, telecopied and confirmed, or mailed by certified mail, return receipt requested, or overnight delivery
service with proof of receipt maintained, at the following address (or any other address that any such party may designate by written
notice to the other parties):

 

If to the Corporation, to:

 

Gardner Denver Holdings, Inc. 

222 East Erie Street, Suite 500 

Milwaukee, Wisconsin 53202 

Attention: General Counsel

 

with a copy (not constituting notice) to:

 

Simpson Thacher & Bartlett LLP

425 Lexington Avenue

New York, New York 10017

Attention: Richard Fenyes, Esq. 

Fax: (212) 455-2502

 

If to any Shareholder, at such Shareholder’s
address as set forth on the records of the Corporation.

 

Any such notice shall, if delivered personally,
be deemed received upon delivery; shall, if delivered by telecopy, be deemed received on the first business day following confirmation;
shall, if delivered by overnight delivery service, be deemed received the first business day after being sent; and shall, if delivered
by mail, be deemed received upon the earlier of actual receipt thereof or five business days after the date of deposit in the U.S.
mail.

 

(c)               
Successors and Assigns; Shareholder Status. This Agreement shall inure to the benefit of and be binding upon
the successors and permitted assigns of each of the parties, including the Corporation and subsequent holders of Registrable Securities
acquired, directly or indirectly, from the Shareholders; provided, however, that such successor or assign shall not
be entitled to such rights unless the successor or assign shall have executed and delivered to the Corporation an Addendum Agreement
substantially in the form of Exhibit A hereto (which shall also be executed by the Corporation) promptly following the acquisition
of such Registrable Securities, in which event such successor or assign shall be deemed a Shareholder for purposes of this Agreement.
Except as provided in Section 8 with respect to an Indemnified Party, nothing expressed or mentioned in this Agreement is intended
or shall be construed to give any Person other than the parties hereto and their respective successors and permitted assigns any
legal or equitable right, remedy or claim under, in or in respect of this Agreement or any provision herein contained.

 

    	19

    	 

    

(d)              
Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the same instrument.

 

(e)               
Headings; Construction. The section and paragraph headings contained in this Agreement are for reference purposes
only and shall not affect in any way the meaning or interpretation of this Agreement. Unless the context requires otherwise: (i)
pronouns in the masculine, feminine and neuter genders shall be construed to include any other gender, and words in the singular
form shall be construed to include the plural and vice versa; (ii) the term “including” shall be construed to be expansive
rather than limiting in nature and to mean “including, without limitation”; (iii) references to sections and paragraphs
refer to sections and paragraphs of this Agreement; and (iv) the words “this Agreement,” “herein,” “hereof,”
“hereby,” “hereunder” and words of similar import refer to this Agreement as a whole, including Exhibit
A hereto, and not to any particular subdivision unless expressly so limited.

 

(f)               
Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State
of Delaware without giving effect to any otherwise governing principles of conflicts of law.

 

(g)              
Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent
jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions
set forth herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the parties
hereto shall use their best efforts to find and employ an alternative means to achieve the same or substantially the same result
as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention
of the parties that they would have executed the remaining terms, provisions, covenants and restrictions without including any
of such that may be hereafter declared invalid, illegal, void or unenforceable.

 

(h)              
Entire Agreement. This Agreement is intended by the parties as a final expression of their agreement and is
intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject
matter contained herein. There are no restrictions, promises, warranties or undertakings, other than those set forth or referred
to herein, with respect to the registration rights granted by the Corporation with respect to Registrable Securities. This Agreement
supersedes all prior agreements and understandings between the parties with respect to such subject matter.

 

(i)                
Securities Held by the Corporation or its Subsidiaries. Whenever the consent or approval of holders of a specified
percentage of Registrable Securities is required hereunder, Registrable Securities held by the Corporation or its subsidiaries
shall not be counted in determining whether such consent or approval was given by the holders of such required percentage.

 

    	20

    	 

    

(j)                
Specific Performance. The parties hereto recognize and agree that money damages may be insufficient to compensate
the holders of any Registrable Securities for breaches by the Corporation of the terms hereof and, consequently, that the equitable
remedy of specific performance of the terms hereof will be available in the event of any such breach.

 

(k)              
Actions by GP; Actions by the Partnership. GP agrees to take, or cause to be taken, such actions as are necessary
to effectuate the rights of Shareholders hereunder, including making request and elections at the requests of members of GP in
respect of Registrable Securities held directly by GP. Similarly, if the Partnership shall be the holder of Registrable Securities,
the Partnership agrees to take, or cause to be taken, such actions as are necessary to effectuate the rights of the Shareholders
with respect to such Registrable Securities hereunder, including (i) making requests and elections at the request of the limited
partners of the Partnership in respect of the Registrable Securities held directly or indirectly by the Partnership to the extent
set forth in Sections 5.1, 5.2 and 5.3 of the Partnership Agreement, (ii) providing all notices to the limited partners of the
Partnership in respect of the Registrable Securities held directly or indirectly by the Partnership that are provided to the Partnership
in respect of such Registrable Securities in order to enable such limited partners to effectuate the rights provided for herein
to holders of Registrable Securities if such limited partners were the direct holders of the Registrable Securities and (iii) passing
on all rights provided for herein with respect to Registrable Securities to its limited partners, in each case, solely to the extent
such limited partners of the Partnership would have such rights if they were the holders of such Registrable Securities. In the
event the Partnership is causing such Registrable Securities to be sold on behalf of one or more than one limited partner and the
amount of such Registrable Securities to be sold is the subject of any required cutback as provided herein, the cutback shall be
calculated based on the amount of the Registrable Securities allocable to each such limited partner of the Partnership (aggregating
all limited partnership units held or acquired by such limited partner and its Affiliates for purposes of the foregoing) (as if
such limited partner was selling such securities directly as provided hereunder). Neither GP nor the Partnership shall have any
liability to any Shareholder under this Section 11(k) for any act taken or omitted in good faith.

 

(l)                
Term. This Agreement shall terminate with respect to a Shareholder on the date on which such Shareholder ceases
to hold Registrable Securities; provided that such Shareholder’s rights and obligations pursuant to Section 8, as
well as the Corporation’s obligations to pay expenses pursuant to Section 7, shall survive with respect to any Registration
Statement in which any Registrable Securities of such Shareholders were included and, for the avoidance of doubt, any underwriter
lock-up that a Shareholder has executed prior to a Shareholder’s termination in accordance with this clause shall remain
in effect in accordance with its terms.

 

(m)            
Consent to Jurisdiction; Waiver of Jury Trial. In any judicial proceeding involving any dispute, controversy
or claim arising out of or relating to this Agreement, each of the Shareholders and the Partnership unconditionally accepts the
nonexclusive jurisdiction and venue of any United States District Court located in the State of Delaware, or of the Court of Chancery
of the State of Delaware, and the appellate courts to which orders and judgments thereof may be appealed. In any such judicial
proceeding, the Shareholders and the Partnership agree that in addition to any method for the service of process permitted or required
by such courts, to the fullest extent permitted by law, service of process may be made by delivery provided pursuant to Section
11(b). The parties hereby irrevocably waive, to the fullest extent permitted by law, any objection that they may now or hereafter
have to the laying of venue of any dispute arising out of or relating to this Agreement or any of the transactions contemplated
hereby brought in such court or any defense of inconvenient forum for the maintenance of such dispute. Each of the parties hereto
agrees that a judgment in any such dispute may be enforced in other jurisdictions by suit on the judgment or in any other manner
provided by law. This consent to jurisdiction is being given solely for purposes of this Agreement and is not intended to, and
shall not, confer consent to jurisdiction with respect to any other dispute in which a party to this Agreement may become involved.

 

    	21

    	 

    

Each of the parties hereto hereby consents
to process being served by any party to this Agreement in any Proceeding of the nature specified in the paragraph above by the
mailing of a copy thereof in the manner specified by the provisions of subsection (b) of this Section 11.

 

EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY
WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.

 

[Signature Page Follows]

 

    	22

    	 

    

IN WITNESS WHEREOF,
the parties hereto have caused this Amended and Restated Registration Rights Agreement to be duly executed as of the date first
above written.

 

	 	KKR RENAISSANCE AGGREGATOR L.P.
	 	 	 
	 	By: KKR Renaissance Aggregator GP LLC, its general partner
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	KKR RENAISSANCE AGGREGATOR GP LLC
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	GARDNER DENVER HOLDINGS, INC.
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 

 

[Amended and Restated Registration Rights
Agreement Signature Page]

 

    	 

    	 

    

EXHIBIT A

 

ADDENDUM AGREEMENT

 

This Addendum Agreement is made this         
day of             , 20   , by and
between                                                      
(the “New Shareholder”) and Gardner Denver Holdings, Inc. (the “Corporation”), pursuant to an Amended
and Restated Registration Rights Agreement dated as of [                                       ], 2017 (the “Agreement”), by and among the Corporation,
the Partnership, GP and the Shareholders. Capitalized terms used herein but not otherwise defined herein shall have the meanings
ascribed to them in the Agreement.

 

WITNESSETH:

 

WHEREAS, the Corporation has agreed to provide
registration rights with respect to the Registrable Securities as set forth in the Agreement;

 

WHEREAS, the New Shareholder has acquired
Registrable Securities directly or indirectly from a Shareholder; and

 

WHEREAS, the Corporation and the Shareholders
have required in the Agreement that all Persons desiring registration rights must enter into an Addendum Agreement binding the
New Shareholder to the Agreement to the same extent as if it were an original party thereto.

 

NOW, THEREFORE, in consideration of the
mutual promises of the parties, the New Shareholder acknowledges that it has received and read the Agreement and that the New Shareholder
shall be bound by, and shall have the benefit of, all of the terms and conditions set out in the Agreement to the same extent as
if it were an original party to the Agreement and shall be deemed to be a Shareholder thereunder.

 

	 	 
	 	New Shareholder Address:

 

    	Exhibit A-1

    	 

    

AGREED TO on behalf of Gardner Denver Holdings,
Inc. pursuant to Section 11(c) of the Agreement.

 

	 	GARDNER DENVER HOLDINGS, INC
	 	 	 
	 	By:	 
	 	 
	 	 
	 	Printed Name and Title

 

    	Exhibit A-2Exhibit 10.12

 

STOCKHOLDERS AGREEMENT

 

DATED AS OF [                              ], 2017

 

AMONG

 

GARDNER DENVER HOLDINGS, INC.

 

AND

 

THE OTHER PARTIES HERETO

    	 

    	 

    

 

Table of Contents

 

Page

 

	ARTICLE I. INTRODUCTORY MATTERS	1
	1.1   Defined Terms	1
	1.2   Construction	3
	ARTICLE II. CORPORATE GOVERNANCE MATTERS	4
	2.1   Election of Directors	3
	2.2   Consent Rights	5
	2.3   Permitted Disclosure	6
	ARTICLE III. INFORMATION	6
	3.1   Books and Records; Access	6
	3.2   Certain Reports	6
	ARTICLE IV. GENERAL PROVISIONS	7
	4.1   Termination	7
	4.2   Notices	7
	4.3   Amendment; Waiver	8
	4.4   Further Assurances	8
	4.5   Assignment	8
	4.6   Third Parties	8
	4.7   Governing Law	8
	4.8   Jurisdiction; Waiver of Jury Trial	8
	4.9   Specific Performance	9
	4.10   Entire Agreement	9
	4.11   Severability	9
	4.12   Table of Contents, Headings and Captions	9
	4.13   Counterparts	9
	4.14   Effectiveness	10
	4.15 
     No Recourse	10

    	i

    	 

    

STOCKHOLDERS AGREEMENT

 

This Stockholders Agreement is entered into
as of [          ], 2017 by and among Gardner Denver Holdings, Inc., a Delaware corporation (the “Company”), and
each of the other parties identified on the signature pages hereto (the “Investor Parties”).

 

BACKGROUND:

 

WHEREAS, the Company is currently contemplating
an underwritten initial public offering (“IPO”) of shares of its Common Stock (as defined below); and

 

WHEREAS, in connection with, and effective
upon, the date of completion of the IPO (the “Closing Date”), the Company and the Investor Parties wish to set
forth certain understandings between such parties, including with respect to certain governance matters.

 

NOW, THEREFORE, the parties agree as follows:

 

ARTICLE I.

INTRODUCTORY MATTERS

 

1.1             
Defined Terms. In addition to the terms defined elsewhere herein, the following terms have the following meanings when used
herein:

 

“Affiliate” has the meaning
set forth in Rule 12b-2 promulgated under the Exchange Act, as in effect on the date hereof.

 

“Agreement” means this
Stockholders Agreement, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance
with the terms hereof.

 

“beneficially own” has
the meaning set forth in Rule 13d-3 promulgated under the Exchange Act.

 

“Board” means the board
of directors of the Company.

 

“Change in Control” means
any transaction or series of related transactions (whether by merger, consolidation, recapitalization, liquidation or sale or transfer
of Common Stock or assets (including equity securities of the Subsidiaries) or otherwise) as a result of which any Person or group,
within the meaning of Section 13(d)(3) of the Exchange Act (other than the Investor Parties and their respective Affiliates, any
group of which the foregoing are members and any other members of such a group), obtains ownership, directly or indirectly, of
(i) Common Stock that represent more than 50% of the total voting power of the outstanding capital stock of the Company or applicable
successor entity or (ii) all or substantially all of the assets of the Company and its Subsidiaries on a consolidated basis.

 

“Closing Date” has the
meaning set forth in the Background.

 

    	 

    	 

    

“Company” has the meaning
set forth in the Preamble.

 

“Common Stock” means the
shares of common stock, par value $0.01 per share, of the Company, and any other capital stock of the Company into which such stock
is reclassified or reconstituted and any other common stock of the Company.

 

“Control” (including its
correlative meanings, “Controlled by” and “under common Control with”) means possession,
directly or indirectly, of the power to direct or cause the direction of management or policies (whether through ownership of securities
or partnership or other ownership interests, by contract or otherwise) of a Person.

 

“Director” means any member
of the Board.

 

“Exchange Act” means the
Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, as the same may be amended from
time to time.

 

“Governmental Authority”
means any nation or government, any state or other political subdivision thereof, and any entity exercising executive, legislative,
judicial, regulatory or administrative functions of or pertaining to government.

 

“Investor Parties” has
the meaning set forth in the Preamble.

 

“IPO” has the meaning set
forth in the Background.

 

“KKR Designee” has the
meaning set forth in Section 2.1(b).

 

“KKR Group” means the entities
listed on the signature pages hereto under the heading “KKR Group.”

 

“KKR Entities” means the
entities comprising the KKR Group, their Affiliates and their respective successors and Permitted Assigns.

 

“Law” means any statute,
law, regulation, ordinance, rule, injunction, order, decree, governmental approval, directive, requirement, or other governmental
restriction or any similar form of decision of, or determination by, or any interpretation or administration of any of the foregoing
by, any Governmental Authority.

 

“Permitted Assigns” means
with respect to a KKR Entity, a Transferee of shares of Common Stock that agrees to become party to, and to be bound to the same
extent as its Transferor by the terms of, this Agreement.

 

“Person” means an individual,
a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint venture, an
unincorporated organization, or other form of business organization, whether or not regarded as a legal entity under applicable
Law, or any Governmental Authority or any department, agency or political subdivision thereof.

 

    	2

    	 

    

“Subsidiary” means, with
respect to any Person, any corporation, limited liability company, partnership, association or other business entity of which:
(i) if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any
contingency) to vote in the election of directors, representatives or trustees thereof is at the time owned or Controlled, directly
or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof; or (ii) if a limited
liability company, partnership, association or other business entity, a majority of the total voting power of stock (or equivalent
ownership interest) of the limited liability company, partnership, association or other business entity is at the time owned or
Controlled, directly or indirectly, by any Person or one or more Subsidiaries of that Person or a combination thereof. For purposes
hereof, a Person or Persons shall be deemed to have a majority ownership interest in a limited liability company, partnership,
association or other business entity if such Person or Persons shall be allocated a majority of limited liability company, partnership,
association or other business entity gains or losses or shall be or Control the managing member, managing director or other governing
body or general partner of such limited liability company, partnership, association or other business entity.

 

“Total Number of Directors”
means the total number of Directors comprising the Board.

 

“Transfer” (including its
correlative meanings, “Transferor”, “Transferee” and “Transferred”) shall
mean, with respect to any security, directly or indirectly, to sell, contract to sell, give, assign, hypothecate, pledge, encumber,
grant a security interest in, offer, sell any option or contract to purchase, purchase any option or contract to sell, grant any
option, right or warrant to purchase, lend or otherwise transfer or dispose of any economic, voting or other rights in or to such
security. When used as a noun, “Transfer” shall have such correlative meaning as the context may require.

 

1.2             
Construction. The language used in this Agreement will be deemed to be the language chosen by the parties to express their
mutual intent, and no rule of strict construction will be applied against any party. Unless the context otherwise requires: (a)
“or” is disjunctive but not exclusive, (b) words in the singular include the plural and in the plural include the singular,
and (c) the words “hereof”, “herein”, and “hereunder” and words of similar import when used
in this Agreement refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section references
are to this Agreement unless otherwise specified.

 

ARTICLE II.

CORPORATE GOVERNANCE MATTERS

 

2.1             
Election of Directors.

 

(a)               
Following the Closing Date, the KKR Group shall have the right, but not the obligation, to nominate to the Board a number
of designees equal to at least: (i) a majority of the Total Number of Directors, so long as the KKR Entities collectively beneficially
own 50% or more of the outstanding shares of Common Stock; (ii) 40% of the Total Number of Directors, in the event that the KKR
Entities collectively beneficially own 40% or more, but less than 50%, of the outstanding shares of Common Stock; (iii) 30% of
the Total Number of Directors, in the event that the KKR Entities collectively beneficially own 30% or more, but less than 40%,
of the outstanding shares of Common Stock; (iv) 20% of the Total Number of Directors, in the event that the KKR Entities collectively
beneficially own 20% or more, but less than 30%, of the outstanding shares of Common Stock; and (v) 10% of the Total Number of
Directors, in the event that the KKR Entities collectively beneficially own 5% or more, but less than 20%, of the outstanding shares
of Common Stock. For purposes of calculating the number of Directors that the KKR Group is entitled to designate pursuant to the
immediately preceding sentence, any fractional amounts shall automatically be rounded up to the nearest whole number (e.g., one
and one quarter (11/4) Directors shall equate to two (2) Directors), and any such calculations shall be made
after taking into account any increase in the Total Number of Directors.

 

    	3

    	 

    

(b)              
In the event that the KKR Group has nominated less than the total number of designees the KKR Group shall be entitled to
nominate pursuant to Section 2.1(a), the KKR Group shall have the right, at any time, to nominate such additional designees to
which it is entitled, in which case the Company and the Directors shall take all necessary corporation action, to the fullest extent
permitted by applicable Law (including with respect to fiduciary duties under Delaware law), to (x) enable the KKR Group to nominate
and effect the election or appointment of such additional individuals, whether by increasing the size of the Board or otherwise,
and (y) designate such additional individuals nominated by the KKR Group to fill such newly-created vacancies or to fill any other
existing vacancies. Each such individual whom the KKR Group shall actually nominate pursuant to this Section 2.1 and who is thereafter
elected to the Board to serve as a Director shall be referred to herein as a “KKR Designee”.

 

(c)               
In the event that a vacancy is created at any time by the death, retirement or resignation of any Director designated pursuant
to this Section 2.1, the remaining Directors and the Company shall, to the fullest extent permitted by applicable Law (including
with respect to fiduciary duties under Delaware law), cause the vacancy created thereby to be filled by a new designee of the KKR
Group as soon as possible, and the Company hereby agrees to take, to the fullest extent permitted by applicable Law (including
with respect to fiduciary duties under Delaware law), at any time and from time to time, all actions necessary to accomplish the
same.

 

(d)              
The Company agrees, to the fullest extent permitted by applicable Law (including with respect to fiduciary duties under
Delaware law), to include the individuals designated pursuant to this Section 2.1 in the slate of nominees recommended by the Board
for election at any meeting of stockholders called for the purpose of electing Directors and to use its best efforts to cause the
election of each such designee to the Board, including nominating each such individual to be elected as a Director as provided
herein, recommending such individual’s election and soliciting proxies or consents in favor thereof.

 

    	4

    	 

    

2.2             
Consent Rights.

 

(a)               
For so long as the KKR Entities collectively beneficially own at least 25% of the outstanding shares of Common Stock, the
following actions by the Company or any of its Subsidiaries shall require the approval of each KKR Designee, in addition to the
Board’s approval (or the approval of the required governing body of any Subsidiary of the Company):

 

(i)                
entering into or effecting a Change in Control;

 

(ii)              
entering into any agreement providing for the acquisition or divestiture of assets or equity security of any Person, in
each case providing for aggregate consideration in excess of $25 million;

 

(iii)            
entering into any joint venture or similar business alliance having a fair market value as of the date of formation thereof
(as reasonably determined by the Board) in excess of $25 million;

 

(iv)            
initiating a voluntary liquidation, dissolution, receivership, bankruptcy or other insolvency proceeding involving the Company
or any Subsidiary of the Company that is a “significant subsidiary” as defined in Rule 1-02 of Regulation S-X under
the Exchange Act;

 

(v)              
any material change in the nature of the business of the Company or any Subsidiary, taken as a whole;

 

(vi)            
any redemption, acquisition or other purchase of any shares of Common Stock (a “Repurchase”) other than
Repurchases in accordance with any existing compensation plan of the Company or any Subsidiary or a Repurchase from an employee
in connection with such employee’s termination of employment with the Company or any Subsidiary;

 

(vii)          
any payment or declaration of any dividend or other distribution on any shares of Common Stock or entering into any recapitalization
transaction the primary purpose of which is to pay a dividend;

 

(viii)        
the incurrence of indebtedness for borrowed money (including through capital leases, the issuance of debt securities or
the guarantee of indebtedness of another Person) in an aggregate principal amount in excess of $50 million, other than (x) the
incurrence of trade payables arising in the ordinary course of business of the Company and its Subsidiaries or (y) borrowings under
the Company’s revolving credit facility (or amendments, extensions, or replacements thereof);

 

(ix)            
terminating the employment of the Chief Executive Officer of the Company or hiring a new Chief Executive Officer of the
Company;

 

(x)              
increasing or decreasing the size of the Board;

 

    	5

    	 

    

(xi)            
amending or waiving any provision of the equity and/or employment agreements, contracts,
awards and/or other arrangements between the Company, and/or any Subsidiary on the one hand, and executive officers of the Company
and/or any Subsidiary, on the other hand, as in effect on the date hereof, provided that the foregoing clause shall not apply in
respect of any amendment or waiver insofar as it relates to the voting or disposition of Common Stock or securities that are or
could become convertible into, or exercisable or exchangeable for, Common Stock.

 

(xii)          
any transaction with or involving any Affiliate of the Company or any Affiliate of any stockholder of the Company that beneficially
owns in excess of ten percent (10%) of the voting power of the Company (in each case, other than any KKR Entity), other than any
transaction or series of related transactions in the ordinary course of business and on arms-length third-party terms and in an
amount less than $5 million; and

 

(xiii)        
settlement of any litigation to which the Company or any Subsidiary is a party involving the payment by the Company or any
Subsidiary of an amount equal to or greater than $15 million.

 

2.3             
Permitted Disclosure. Each KKR Designee is permitted to disclose to the KKR Entities information about the Company and its
Affiliates he or she receives as a result of being a Director.

 

ARTICLE III.

INFORMATION

 

3.1             
Books and Records; Access. The Company shall, and shall cause its Subsidiaries to, keep proper books, records and accounts,
in which full and correct entries shall be made of all financial transactions and the assets and business of the Company and each
of its Subsidiaries in accordance with generally accepted accounting principles. The Company shall, and shall cause its Subsidiaries
to, permit the KKR Entities and their respective designated representatives, at reasonable times and upon reasonable prior notice
to the Company, to review the books and records of the Company or any of such Subsidiaries and to discuss the affairs, finances
and condition of the Company or any of such Subsidiaries with the officers of the Company or any such Subsidiary; provided,
however, that the Company shall not be required to disclose any privileged information of the Company so long as the Company
has used its best efforts to provide such information to the KKR Entities without the loss of any such privilege and notified the
KKR Entities that such information has not been provided. 

 

3.2             
Certain Reports. The Company shall deliver or cause to be delivered to the KKR Entities, at their request: 

 

(a)               
to the extent otherwise prepared by the Company, operating and capital expenditure budgets and periodic information packages
relating to the operations and cash flows of the Company and its Subsidiaries; and

 

    	6

    	 

    

(b)              
such other reports and information as may be reasonably requested by the KKR Entities;

 

provided, however, that the
Company shall not be required to disclose any privileged information of the Company so long as the Company has used its best efforts
to enter into an arrangement pursuant to which it may provide such information to the KKR Entities without the loss of any such
privilege.

 

ARTICLE IV.

GENERAL PROVISIONS

 

4.1             
Termination. This Agreement shall terminate on the earlier to occur of (a) such time as the KKR Group is no longer entitled
to nominate a Director pursuant to Section 2.1(a) and (b) upon the delivery of a written notice by the KKR Group to the Company
requesting that this Agreement terminate.

 

4.2             
Notices. Any notice provided for in this Agreement shall be in writing and shall be either personally delivered, mailed
first class mail (postage prepaid), sent by reputable overnight courier service (charges prepaid) or sent by facsimile, to the
Company at the address or facsimile number set forth below and to any other recipient at the address or facsimile number indicated
on the Company’s records, or at such address or facsimile number or to the attention of such other Person as the recipient
party has specified by prior written notice to the sending party. Notices will be deemed to have been given hereunder when, the
day delivered personally, five (5) days after deposit in the U.S. mail, one (1) day after deposit with a reputable overnight courier
service, or the day sent by facsimile (receipt confirmed).

 

The Company’s address is:

Gardner Denver Holdings, Inc.

222 East Erie Street, Suite 500

Milwaukee, Wisconsin 53202

Attention: General Counsel

Fax: (414) 212-4725

 

with a copy (not constituting notice) to:

 

Simpson Thacher & Bartlett LLP

425 Lexington Avenue

New York, New York 10017

Attention: Richard Fenyes, Esq.

Fax: (212) 455-2502

 

The KKR Entities’ address is:

Kohlberg Kravis Roberts & Co.

9 West 57th Street

New York, New York 10019

Attention: Peter Stavros

Fax: (212) 750-0003

 

with a copy (not constituting notice) to:

 

Simpson Thacher & Bartlett LLP

425 Lexington Avenue

New York, New York 10017

Attention: Richard Fenyes, Esq.

Fax: (212) 455-2502

 

    	7

    	 

    

4.3             
Amendment; Waiver. This Agreement may be amended, supplemented or otherwise modified only by a written instrument executed
by the Company and the other parties hereto. Neither the failure nor delay on the part of any party hereto to exercise any right,
remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of
any right, remedy, power or privilege preclude any other or further exercise of the same or of any other right, remedy, power or
privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver
of such right, remedy, power or privilege with respect to any other occurrence. No waiver shall be effective unless it is in writing
and is signed by the party asserted to have granted such waiver. 

 

4.4             
Further Assurances. The parties hereto will sign such further documents, cause such meetings to be held and resolutions
passed, exercise their votes and do and perform and cause to be done such further acts and things necessary, proper or advisable
in order to give full effect to this Agreement and every provision hereof. To the fullest extent permitted by Law, the Company
shall not directly or indirectly take any action that is intended to, or would reasonably be expected to result in, any KKR Entity
being deprived of the rights contemplated by this Agreement. 

 

4.5             
Assignment. This Agreement will inure to the benefit of and be binding on the parties hereto and their respective successors
and permitted assigns. This Agreement may not be assigned without the express prior written consent of the other parties hereto,
and any attempted assignment, without such consents, will be null and void; provided, however, that each KKR Entity
shall be entitled to assign, in whole or in part, to any of its Permitted Assigns without such prior written consent any of its
rights hereunder.

 

4.6             
Third Parties. This Agreement does not create any rights, claims or benefits inuring to any Person that is not a party hereto
or create or establish any third-party beneficiary hereto.

 

4.7             
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without
regard to principles of conflicts of laws thereof. 

 

4.8             
Jurisdiction; Waiver of Jury Trial. In any judicial proceeding involving any dispute, controversy or claim arising
out of or relating to this Agreement, each of the parties unconditionally accepts the jurisdiction and venue of the Delaware Court
of Chancery or, if the Delaware Court of Chancery does not have subject matter jurisdiction over this matter, the Superior Court
of the State of Delaware (Complex Commercial Division) or, if jurisdiction over the matter is vested exclusively in federal courts,
the United States District Court for the District of Delaware, and the appellate courts to which orders and judgments thereof may
be appealed. In any such judicial proceeding, the parties agree that in addition to any method for the service of process permitted
or required by such courts, to the fullest extent permitted by Law, service of process may be made by delivery provided pursuant
to the directions in Section 4.2. EACH OF THE PARTIES HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW TRIAL BY
JURY IN ANY JUDICIAL PROCEEDING INVOLVING ANY DISPUTE, CONTROVERSY OR CLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.

 

    	8

    	 

    

4.9             
Specific Performance. Each party hereto acknowledges and agrees that in the event of any breach of this Agreement by any
of them, the other parties hereto would be irreparably harmed and could not be made whole by monetary damages. Each party accordingly
agrees to waive the defense in any action for specific performance that a remedy at law would be adequate and that the parties,
in addition to any other remedy to which they may be entitled at law or in equity, shall be entitled to specific performance of
this Agreement without the posting of bond.

 

4.10         
Entire Agreement. This Agreement sets forth the entire understanding of the parties hereto with respect to the subject matter
hereof. There are no agreements, representations, warranties, covenants or understandings with respect to the subject matter hereof
or thereof other than those expressly set forth herein and therein. This Agreement supersedes all other prior agreements and understandings
between the parties with respect to such subject matter. 

 

4.11         
Severability. If any provision of this Agreement, or the application of such provision to any Person or circumstance or
in any jurisdiction, shall be held to be invalid or unenforceable to any extent, (a) the remainder of this Agreement shall not
be affected thereby, and each other provision hereof shall be valid and enforceable to the fullest extent permitted by Law, (b)
as to such Person or circumstance or in such jurisdiction, such provision shall be reformed to be valid and enforceable to the
fullest extent permitted by Law and (c) the application of such provision to other Persons or circumstances or in other jurisdictions
shall not be affected thereby. 

 

4.12         
Table of Contents, Headings and Captions. The table of contents, headings, subheadings and captions contained in
this Agreement are included for convenience of reference only and in no way define, limit or describe the scope of this Agreement
or the intent of any provision hereof.

 

4.13         
Counterparts. This Agreement and any amendment hereto may be signed in any number of separate counterparts, each of which
shall be deemed an original, but all of which taken together shall constitute one Agreement (or amendment, as applicable). 

 

    	9

    	 

    

4.14         
Effectiveness. This Agreement shall become effective upon the Closing Date. 

 

4.15         
No Recourse. This Agreement may only be enforced against, and any claims or cause of action that may be based upon, arise
out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement, may only be made against the
entities that are expressly identified as parties hereto, and no past, present or future Affiliate, director, officer, employee,
incorporator, member, manager, partner, stockholder, agent, attorney or representative of any party hereto shall have any liability
for any obligations or liabilities of the parties to this Agreement or for any claim based on, in respect of, or by reason of the
transactions contemplated hereby.

 

[Remainder of Page Intentionally Left
Blank]

    	10

    	 

    

 

IN WITNESS WHEREOF, the parties hereto have
executed this Stockholders Agreement on the day and year first above written.

 

 

 

	 	COMPANY
	 	 	 
	 	GARDNER DENVER HOLDINGS, INC.
	 	 	 
	 	By:	
	 	 	Name:
	 	 	Title:

 

[Signature Page to Stockholders Agreement]

 

    	 

    	 

    

 

 

	 	KKR GROUP:
	 	 	 
	 	KKR RENAISSANCE AGGREGATOR L.P.
	 	 	 
	 	By:	KKR Renaissance Aggregator GP LLC, its general partner
	 	 	 
	 	By:	
	 	 	Name:
	 	 	Title: 

 

[Signature Page to Stockholders Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}]]