Document:

Stockholders' Agreement

 Exhibit 10.5 
  
  
  
 STOCKHOLDERS’ AGREEMENT 

 by and among 
 GRAHAM PACKAGING COMPANY INC. 
 and 
 BLACKSTONE CAPITAL PARTNERS III MERCHANT BANKING FUND L.P., 
 BLACKSTONE OFFSHORE CAPITAL PARTNERS III L.P. 
 and

 BLACKSTONE FAMILY INVESTMENT PARTNERSHIP III L.P. 
 Dated as of February 10, 2010 
  
  
  

 Table of Contents 
  

					
	 	  	 	  	Page
	Article I.	  	INTRODUCTORY MATTERS	  	1
	 1.1
	  	Defined Terms	  	1
	 1.2
	  	Construction	  	3
			
	Article II.	  	CORPORATE GOVERNANCE MATTERS	  	3
	 2.1
	  	Board of Directors	  	3
	 2.2
	  	VCOC	  	5
			
	Article III.	  	COVENANTS	  	5
	 3.1
	  	Books and Records; Access	  	5
	 3.2
	  	Periodic Reporting	  	5
			
	Article IV.	  	MISCELLANEOUS	  	6
	 4.1
	  	Termination	  	6
	 4.2
	  	Notices	  	6
	 4.3
	  	Further Assurances	  	7
	 4.4
	  	Assignment	  	7
	 4.5
	  	Amendment; Waiver	  	7
	 4.6
	  	Third Parties	  	7
	 4.7
	  	Governing Law	  	7
	 4.8
	  	Jurisdiction	  	7
	 4.9
	  	MUTUAL WAIVER OF JURY TRIAL	  	8
	 4.10
	  	Specific Performance	  	8
	 4.11
	  	Entire Agreement	  	8
	 4.12
	  	Titles and Headings	  	8
	 4.13
	  	Severability	  	8
	 4.14
	  	Counterparts	  	8
	 4.15
	  	Effectiveness	  	8

  

 i 

 STOCKHOLDERS’ AGREEMENT 
 STOCKHOLDERS’ AGREEMENT, dated as of February 10, 2010 (and effective as set forth in Section 4.15 of this Agreement), by and
among Graham Packaging Company Inc., a Delaware corporation (the “Company”) and Blackstone Capital Partners III Merchant Banking Fund L.P., Blackstone Offshore Capital Partners III L.P. and Blackstone Family Investment Partnership
III L.P. 
 BACKGROUND: 
 WHEREAS, the Company is currently contemplating an underwritten initial public offering (“IPO”) of shares of its Common Stock (as defined in Section 1.1); and 
 WHEREAS, in connection with, and effective upon, the date of completion of the IPO (the “Closing Date”) of the Company, the
Company and the Blackstone Entities 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 with initial capital letters: 
 “Affiliate” has the meaning ascribed
thereto 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. 
 “Applicable Law” means, with respect to any Person, 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, any governmental authority or the Exchange, applicable to such Person or its
Subsidiaries or their respective assets. 
 “Blackstone Designee” has the meaning set forth in
Section 2.1(c). 
 “Blackstone Entities” means Blackstone Capital Partners III Merchant
Banking Fund L.P., Blackstone Offshore Capital Partners III L.P., Blackstone Family Investment Partnership III L.P., their Affiliates and their respective successors and Permitted Assigns. 
 “Board” means the board of directors of the Company. 
 “Business Day” means a day other than a Saturday, Sunday, federal or New York State holiday or other day on
which commercial banks in New York City are authorized or required by law to close. 
 “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” shall mean the New York Stock Exchange or such other stock exchange or securities market on which
the Common Stock is listed or quoted. 
 “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. 
 “Independent Director” shall mean an “independent director” as such
term is used in the listing requirements of the Exchange. 
 “IPO” has the meaning set forth in
the Background. 
 “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 the Blackstone Entities, their respective
Affiliates and a Transferee of shares of Common Stock transferred other than pursuant to a widely distributed public sale 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 and a governmental entity or any department, agency or political subdivision thereof. 
 “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

  

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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 director or
general partner of such limited liability company, partnership, association or other business entity. 
 “Total Number of Directors” has the meaning set forth in Section 2.1(c). 
 “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 Board of Directors. (a) On the Closing Date, the Board
shall consist of seven members (each a “Director”). Four Directors shall be nominated by the Blackstone Entities. In addition, the Board shall nominate two Independent Directors. Immediately prior to the Closing Date, the Blackstone
Entities shall vote by written consent of all of their Common Stock such that the Blackstone Designees (defined below) and the Independent Directors nominated by the Board shall be elected to the Board of Directors. 
 (b) The initial Directors shall consist of the following individuals, which shall be members of the class set forth opposite their name
below: 
  

			
	Class I (initial term expiring in 2010):	  	James A. Quella (Blackstone Designee)
		  	Charlie Kiernan (Independent Director)
		
	Class II (initial term expiring in 2011):	  	Mark Burgess (Chief Executive Officer)
		  	Gary Michael (Independent Director)
		  	Angelo Acconcia (Blackstone Designee)
		
	Class III (initial term expiring in 2012):	  	Chinh Chu (Blackstone Designee)
		  	John Chiminski (Blackstone Designee)
		  	

 (c) Following the Closing Date, the Blackstone Entities and/or their Permitted Assigns (as defined
herein) shall have the right, but not the obligation, to nominate to the Board a number of designees equal to: (i) at least a majority of the total number of directors comprising the Board (the “Total Number of Directors”), so
long as the Blackstone Entities collectively beneficially own 35% or

  

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more of the voting power of all shares of the Company’s capital stock entitled to vote generally in the election of Directors; (ii) 42% of the Total Number of Directors, in the event
that the Blackstone Entities collectively beneficially own 25% or more, but less than 35%, of the voting power of all shares of the Company’s capital stock entitled to vote generally in the election of Directors; (iii) 28% of the Total
Number of Directors, in the event that the Blackstone Entities collectively beneficially own 15% or more, but less than 25%, of the voting power of all shares of the Company’s capital stock entitled to vote generally in the election of
Directors; (iv) 14% of the Total Number of Directors, in the event that the Blackstone Entities collectively beneficially own 5% or more, but less than 15%, of the voting power of all shares of the Company’s capital stock entitled to vote
generally in the election of Directors. For purposes of calculating the number of directors that the Blackstone Entities (and/or their Permitted Assigns) are 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 (1 1/4) Directors shall equate to two (2) Directors) and any such calculations shall be made on a pro forma basis, including, for the avoidance of doubt, taking into account any
increase in the size of the Board. In the event that the Blackstone Entities (and/or their Permitted Assigns) has nominated less than the total number of designees the Blackstone Entities (and/or their Permitted Assigns) shall be entitled to
nominate pursuant to this Section 2.1(c), the Blackstone Entities (and/or their Permitted Assigns) shall have the right, at any time, to nominate such additional designees to which it is entitled, in which case, the Directors shall take all
necessary corporation action to (x) enable the Blackstone Entities (and/or their Permitted Assigns) to nominate such additional individuals, whether by increasing the size of the Board, subject to the maximum number of Directors set forth in
Article VI, paragraph (A) of the Restated Certificate of Incorporation of the Company, or otherwise and (y) to designate such additional individuals nominated by the Blackstone Entities (and/or their Permitted Assigns) to fill such
newly-created vacancies. Each such person whom the Blackstone Entities (and/or their Permitted Assigns) shall actually nominate pursuant to this Section 2.1(c) and who is thereafter elected to the Board to serve as a Director shall be referred
to herein as a “Blackstone Designee”) 
 (d) In accordance with the Restated Certificate of
Incorporation, and as indicated in Section 2.1(b), the initial Board shall be divided into three classes designated Class I, Class II and Class III. Each class shall consist, as nearly as possible, of one-third of the total number of Directors
constituting the entire Board. Class I directors (“Class I Directors”) shall be originally elected for a term expiring at the succeeding annual meeting of stockholders, Class II directors (“Class II Directors”)
shall be originally elected for a term expiring at the second succeeding annual meeting of stockholders, and Class III directors (“Class III Directors”) shall be originally elected for a term expiring at the third succeeding annual
meeting of stockholders, in each case following the Closing Date. The Blackstone Designees shall at all times be apportioned among the classes so as to maintain the number of Directors in each class as nearly equal as possible. 
 (e) Within one year of the Closing Date, if the Board is required by Applicable Law to have a majority of Independent Directors, the
Blackstone Entities will use their best efforts to cause the size of the Board to increase to nine directors. The Board shall fill the vacancies thus created with Independent Directors, each of whom shall be apportioned as evenly as possible among
the classes. 
 (f) If at any time the Board is required by Applicable Law to have additional Independent Directors beyond those
provided for in this Agreement, the Blackstone Entities will use their best efforts to cause the size of the Board to be increased by such number as is necessary to comply with Applicable Law. Each vacancy thus created shall be filled with an
Independent Director, each of whom shall be apportioned as evenly as possible among the classes. 
 (g) In the event that a
vacancy is created at any time by the death, disability, retirement or resignation of any Director designated pursuant to this Section 2.1, the remaining Directors

  

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and the Company shall cause the vacancy created thereby to be filled by a new designee of the Blackstone Entities (and/or their Permitted Assigns), if such Director was designated by the
Blackstone Entities (and/or their Permitted Assigns), as soon as possible, and the Company hereby agrees to take, at any time and from time to time, all actions necessary to accomplish the same. 
 (h) The Company agrees to include in the slate of nominees recommended by the Board the persons designated pursuant to this Section 2.1
and to use its best efforts to cause the election of each such designee to the Board, including nominating such individuals to be elected as Directors as provided herein. 
 2.2 VCOC. (a) In the event that the Company ceases to qualify as an “operating company” (as defined in 29 C.F.R. ss. 2510.3-101(c)) (a “VCOC Event”), then the
Company and each Blackstone Entity will cooperate in good faith to take all reasonable action necessary to provide that the investment (or at least 51% of the investment valued at cost) of each Blackstone Entity that qualifies as a “venture
capital operating company” (as defined in 29 C.F.R. ss. 2510.3-101(d) (a “VCOC Stockholder”) shall continue to qualify as a “venture capital investment” (as defined in 29 C.F.R. ss. 2510.3-101(d)) (a “VC
Investment”). 
 (b) Each VCOC Stockholder shall execute a side letter in the form attached hereto as Annex A and shall
have the supplemental rights and obligations provided in such side letter. 
 ARTICLE III. COVENANTS 
 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 Blackstone 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 enter into an arrangement pursuant to which it may provide such information to the Blackstone Entities without the loss of any such privilege. 
 3.2 Periodic Reporting. (a) The Company will promptly deliver to each Blackstone Entity when available one copy of each annual
report on Form 10-K and quarterly report on Form 10-Q of the Company, as filed with the SEC. In the event the Company is not required to file an annual report on Form 10-K or quarterly report on Form 10-Q, the Company may, in lieu of the
requirements of the preceding sentence, deliver, or cause to be delivered, the following to each Blackstone Entity: 
 (i) as soon as available, but not later than ninety (90) days after the end of each fiscal year of the Company, a copy of the audited consolidated balance sheet of the Company and its Subsidiaries as of the end of such fiscal year and
the related statements of operations and cash flows for such fiscal year, setting forth in each case in comparative form the figures for the previous year, all in reasonable detail; 
 (ii) commencing with the fiscal period ending after September 30, 2010, as soon as available, but in any event not later
than forty five (45) days after the end of each of the first three fiscal quarters of each fiscal year, the unaudited consolidated balance sheet of the Company and its Subsidiaries, and the related statements of operations and cash flows for
such quarter and for the period commencing on the first day of the fiscal year and ending on the last day of such quarter; 
  

 5 

 (b) The Company shall deliver or cause to be delivered to each Blackstone
Entity: 
 (i) 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 
 (ii) such other reports and information as may be reasonably requested by any Blackstone Entity; 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 Blackstone Entities without the loss of any such privilege. 
 ARTICLE IV. MISCELLANEOUS 
 4.1 Termination. This Agreement shall
terminate on the earlier to occur of: (x) such time as the Blackstone Entities are no longer entitled to designate a Director pursuant to Section 2.1(c) and (y) upon the delivery of a written notice by the Blackstone Entities to the
Company requesting that this Agreement terminate. 
 4.2 Notices. Any notice, request, instruction or other document
to be given hereunder by any party hereto to another party hereto shall be in writing, shall be and shall be deemed given when (a) delivered personally, (b) five (5) Business Days after being sent by certified or registered mail,
postage prepaid, return receipt requested, (c) one (1) Business Day after being sent by Federal Express or other nationally recognized overnight courier, or (d) if transmitted by facsimile, if confirmed within 24 hours thereafter
by a signed original sent in the manner provided in clause (a), (b) or (c) to the parties at the following addresses (or at such other address for a party as shall be specified by notice from such party): 
 if to the Company: 
 Graham Packaging Company Inc. 
 2401 Pleasant Valley Road 
 York, Pennsylvania 17402 
 Attention: Chief Legal Officer 
 Fax: (717) 849-8541 
 with a required copy to: 
 Simpson Thacher & Bartlett LLP 
 425 Lexington Avenue 
 New York, NY 10017-3954 
 Attention: Wilson S. Neely 
 Fax: (212) 455-2502 
  

 6 

 if to the Blackstone Entities: 
 c/o The Blackstone Group L.P. 
 345 Park Avenue, 31st Floor 
 New York, New York 10154 
 Attention: Chinh Chu 
 Fax: (212) 583-5722 
 with a required copy to: 
 Simpson Thacher & Bartlett LLP 
 425 Lexington Avenue 
 New York, NY 10017-3954 
 Attention: Wilson S. Neely 
 Fax: (212) 455-2502 
 4.3 Further Assurances. The parties hereto will use their best efforts to sign such further documents, cause such meetings to be
held, resolutions passed, exercise their votes and do and perform and cause to be done such further acts and things as may be necessary in order to give full effect to this Agreement and every provision hereof. 
 4.4 Assignment. Neither the Company nor the Blackstone Entities shall assign all or any part of this Agreement without the prior
written consent of the other party; provided, however, that the Blackstone Entities shall be entitled to assign, in whole or in part, to any of their Permitted Assigns without such prior written consent. Except as otherwise provided
herein, this Agreement will inure to the benefit of and be binding on the parties hereto and their respective successors and permitted assigns. 
 4.5 Amendment; Waiver. This Agreement may be amended, supplemented or otherwise modified only by a written instrument executed by the parties hereto. No waiver by any party of any of the provisions
hereof will be effective unless explicitly set forth in writing and executed by the party so waiving. Except as provided in the preceding sentence, no action taken pursuant to this Agreement, including without limitation, any investigation by or on
behalf of any party, will be deemed to constitute a waiver by the party taking such action of compliance with any covenants or agreements contained herein. The waiver by any party hereto of a breach of any provision of this Agreement will not
operate or be construed as a waiver of any subsequent breach. 
 4.6 Third Parties. This Agreement does not create any
rights, claims or benefits inuring to any Person that is not a party hereto nor create or establish any third party beneficiary hereto. 
 4.7 Governing Law. This Agreement will be governed by, and construed in accordance with, the laws of the State of Delaware. 
 4.8 Jurisdiction. The Court of Chancery of the State of Delaware and any state appellate court therefrom within the State of Delaware
(or, if the Court of Chancery of the State of Delaware declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware having jurisdiction) shall have exclusive jurisdiction over the parties with
respect to any dispute or controversy between them arising under or in connection with this agreement and, by execution and delivery of this agreement, each of the parties to this Agreement submits to the exclusive jurisdiction of those courts,
including but not limited to the in personam and subject matter jurisdiction of those courts, waives any objections to such jurisdiction on the grounds of venue or forum non conveniens, 
  

 7 

 
the absence of in personam or subject matter jurisdiction and any similar grounds, consents to service of process by mail (in accordance with the notice provisions of this Agreement) or
any other manner permitted by Law, and irrevocably agrees to be bound by any judgment rendered thereby in connection with this Agreement. 
 4.9 MUTUAL WAIVER OF JURY TRIAL. THE PARTIES HERETO WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING BROUGHT TO ENFORCE OR DEFEND ANY RIGHTS OR REMEDIES UNDER THIS AGREEMENT.

 4.10 Specific Performance. Each of the parties hereto acknowledges and agrees that in the event of any breach of this
Agreement by any of them, the non-breaching party 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 compel specific performance of this Agreement. 
 4.11 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 undertakings with respect to the subject matter hereof other than those expressly set forth herein. This Agreement supersedes all other prior agreements and understandings
between the parties with respect to such subject matter. 
 4.12 Titles and Headings. The section headings contained in
this Agreement are for reference purposes only and will not affect the meaning or interpretation of this Agreement. 
 4.13
Severability. If one or more of the provisions, paragraphs, words, clauses, phrases or sentences contained herein, or the application thereof in any circumstances, is held invalid, illegal or unenforceable in any respect for any reason, the
validity, legality and enforceability of any such provision, paragraph, word, clause, phrase or sentence in every other respect and of the remaining provisions, paragraphs, words, clauses, phrases or sentences hereof shall not be in any way
impaired, it being intended that all rights, powers and privileges of the parties hereto shall be enforceable to the fullest extent permitted by Law. 
 4.14 Counterparts. This Agreement may be executed in any number of counterparts, each of which will be deemed to be an original and all of which together will be deemed to be one and the same
instrument. 
 4.15 Effectiveness. This Agreement shall become effective upon the Closing Date and shall be of no force
and effect (i) prior to the Closing Date and (ii) if the closing of the IPO has not been consummated within ten (10) Business Days from the date of this Agreement. 
  

 8 

 IN WITNESS WHEREOF, each of the undersigned has executed this Agreement or caused this
Agreement to be executed on its behalf as of the date first written above. 
  

			
	GRAHAM PACKAGING COMPANY INC.
		
	By:	 	 /s/ Chinh E. Chu

	Name:	 	Chinh E. Chu
	Title:	 	President and Assistant Secretary
	
	BLACKSTONE CAPITAL PARTNERS III MERCHANT BANKING FUND L.P.
		
	By:	 	 Blackstone Management Associates III LLC, its General Partner

		
	By:	 	 /s/ Chinh E. Chu

	Name:	 	Chinh E. Chu
	Title:	 	Senior Managing Director
	
	BLACKSTONE OFFSHORE CAPITAL PARTNERS III L.P.
		
	By:	 	 Blackstone Management Associates III LLC, its General Partner

		
	By:	 	 /s/ Chinh E. Chu

	Name:	 	Chinh E. Chu
	Title:	 	Senior Managing Director
	
	BLACKSTONE FAMILY INVESTMENT PARTNERSHIP III L.P.
		
	By:	 	 Blackstone Management Associates III LLC, its General Partner

		
	By:	 	 /s/ Chinh E. Chu

	Name:	 	Chinh E. Chu
	Title:	 	Senior Managing Director

 ANNEX A 
 GRAHAM PACKAGING COMPANY INC. 
 [                            ], [        ]

 [VCOC INVESTOR] 
 [ADDRESS]

 Dear Sir/Madam: 
 Reference is made to the Stockholders’ Agreement dated as of [                ] [    ], 2010 among Graham Packaging
Company Inc. (the “Company”), [                    ] (the “VCOC Investor”) and the other stockholders of the
Company identified therein (the “Stockholders’ Agreement”) to which a form of this letter agreement is attached as Annex A. 
 The Company hereby agrees that for so long as a VCOC Investor, directly or indirectly through one or more conduit subsidiaries, continues to hold, together with its affiliates, securities of the Company
representing (or convertible into equity securities of the Company representing) at least [5]% of the total voting power of the Company’s equity securities, without limitation or prejudice of any the rights provided to such VCOC Investor under
the LLC Agreement or any stockholders agreement relating to the Company, the Company shall: 
  

	 	1)	Provide such VCOC Investor or its designated representative with: 

  

	 	a.	the right to visit and inspect any of the offices and properties of the Company and its subsidiaries and inspect and copy the books and records of the Company and its
subsidiaries, at such times as the VCOC Investor shall reasonably request; 

  

	 	b.	as soon as available and in any event within 45 days after the end of each of the first three quarters of each fiscal year of the Company, consolidated balance sheets
of the Company and its subsidiaries as of the end of such period, and consolidated statements of income and cash flows of the Company and its subsidiaries for the period then ended prepared in conformity with generally accepted accounting principles
in the United States applied on a consistent basis, except as otherwise noted therein, and subject to the absence of footnotes and to year-end adjustments; 

  

	 	c.	as soon as available and in any event within 120 days after the end of each fiscal year of the Company, a consolidated balance sheet of the Company and its subsidiaries
as of the end of such year, and consolidated statements of income and cash flows of the Company and its subsidiaries for the year then ended prepared in conformity with generally accepted accounting principles in the United States applied on a
consistent basis, except as otherwise noted therein, together with an auditor’s report thereon of a firm of established national reputation; 

  

	 	d.	to the extent the Company is required by law or pursuant to the terms of any outstanding indebtedness of the Company to prepare such reports, any annual reports,
quarterly reports and other periodic reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, actually prepared by the Company as soon as available; and 

	 	e.	copies of all materials provided to the Company’s Board of Directors. 

  

	 	2)	Make appropriate officers and/or directors of the Company available periodically and at such times as reasonably requested by such VCOC Investor for consultation with
the VCOC Investor or its designated representative with respect to matters relating to the business and affairs of the Company and its subsidiaries, including, without limitation, significant changes in management personnel and compensation of
employees, introduction of new products or new lines of business, important acquisitions or dispositions of plants and equipment, significant research and development programs, the purchasing or selling of important trademarks, licenses or
concessions or the proposed commencement or compromise of significant litigation; 

  

	 	3)	To the extent consistent with applicable law (and with respect to events which require public disclosure, only following the Company’s public disclosure thereof
through applicable securities law filings or otherwise), inform such VCOC Investor or its designated representative in advance with respect to any significant corporate actions, including, without limitation, extraordinary dividends, mergers,
acquisitions or dispositions of assets, issuances of significant amounts of debt or equity and material amendments to the Restated Certificate of Incorporation or Amended and Restated By-Laws of the Company, and to provide such VCOC Investor or its
designated representative with the right to consult with the Company with respect to such actions; and 

  

	 	4)	Provide such VCOC Investor or its designated representative with such other rights of consultation which the VCOC Investor’s counsel may determine to be reasonably
necessary under applicable legal authorities promulgated after the date to qualify its investment in the Company as a “venture capital investment” for purposes of the United States Department of Labor Regulation published at 29 C.F.R.
Section 2510.3-101(d)(3)(i) (the “Plan Asset Regulation”). 

 The Company agrees to
consider, in good faith, the recommendations of the VCOC Investor or its designated representative in connection with the matters on which it is consulted as described above, recognizing that the ultimate discretion with respect to all such matters
shall be retained by the Company. 
 The VCOC Investor agrees, and will require each designated representative of the VCOC
Investor to agree, to hold in confidence and not use or disclose to any third party (other than its legal counsel and accountants) any confidential information provided to or learned by such party in connection with the VCOC Investor’s rights
under this letter agreement. 
 In the event the VCOC Investor or any of its affiliates transfers all or any portion of their
investment in the Company to an affiliated entity that is intended to qualify as a venture capital operating company under the Plan Asset Regulation, such transferee shall be afforded the same rights with respect to the Company afforded to the VCOC
Investor hereunder and shall be treated, for such purposes, as a third party beneficiary hereunder. 
 This letter agreement and
the rights and the duties of the parties hereto shall be governed by, and construed in accordance with, the laws of the State of Delaware and may be executed in counterparts, each of which when so executed shall be deemed to be an original and all
of which taken together shall constitute one and the same instrument. 

			
	GRAHAM PACKAGING COMPANY INC.
		
	By:	 	  

	Name:	 	
	Title:	 	

 Agreed and acknowledged as of the date first above written: 
  

			
	[VCOC INVESTOR]
	
	By:
                            , its General Partner
		
	By:	 	  

	Name:	 	
	Title:Amended and Restated Employment Agreement

 Exhibit 10.6 
 AMENDED AND RESTATED 
 EMPLOYMENT AGREEMENT 

 Between 
 GRAHAM PACKAGING COMPANY INC. 
 GRAHAM PACKAGING HOLDINGS COMPANY, 

 GRAHAM PACKAGING COMPANY, L.P., 
 And 
 THE CHIEF EXECUTIVE OFFICER 

 EMPLOYMENT AGREEMENT 
 EMPLOYMENT AGREEMENT dated as of January 20, 2010 and effective as of January 20, 2010, (the “Agreement”) between Graham Packaging
Company, Inc. (“Graham”), Graham Packaging Holdings Company (“Holdings”), Graham Packaging Company, L.P., a Delaware Limited Partnership (“Limited Partnership”, or “L.P.” or “Company”), and
Mark S. Burgess (“Executive”). 
 WHEREAS, the Executive, the Company, and Holdings are parties to an employment
agreement dated as of March 28, 2007 and effective as of December 4, 2004 (the “Prior Agreement”). 
 WHEREAS, in connection with the contemplated initial public offering of Graham and other recent developments at Holdings and the Company, the Executive, Holdings and the Company desire to amend and restate the Prior Agreement as set forth
herein. 
 NOW, THEREFORE, in consideration of the promises and the mutual agreements contained herein, Graham, the Company,
Holdings, and Executive hereby agree as follows: 
 ARTICLE I 
 DEFINITIONS 
 The terms set forth below have the following
meanings (such meanings to be applicable to both the singular and plural forms, except where otherwise expressly indicated): 
 1.1 “Accounting Firm”—see Exhibit A. 
 1.2 “Accrued Base Salary” means the
amount of Executive’s Base Salary that is accrued but not yet paid as of the Date of Termination. 
 1.3
“Affiliate” means any Person directly or indirectly controlling, controlled by, or under direct or indirect common control with, Graham. For the purposes of this definition, the term “control” when used with respect to any
Person means the power to direct or cause the direction of management or policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise. 
 1.4 “Agreement”—see the recitals to this Agreement 
 1.5 “Agreement Date” means the effective date that is specified in the recitals to this Agreement. 
 1.6 “Annual Bonus”—see Section 4.2(a). 
 1.7 “Base Salary”—see Section 4.1. 
 1.8 “Beneficial Owner” means a “beneficial owner,” as such term is defined in Rule 13d-3 under the Exchange Act (or any successor rule thereto). 
 1.9 “Beneficiary”—see Section 9.3. 
 1.10 “Board” means the Board of Directors of Graham. 
  

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 1.11 “Cause” means a determination by the Board that any of the following
events has occurred or conditions exist: 
 (a) Executive commits an act of gross negligence, willful misconduct, fraud,
embezzlement, misappropriation or breach of fiduciary duty against Graham, Holdings, the Company or any of its affiliates or subsidiaries, or shall be convicted by a court of competent jurisdiction of, or shall plead guilty or nolo contendere
to, any felony or any crime involving moral turpitude or any crime which reasonably could affect the reputation of Graham, Holdings, the Company or the Executive’s ability to perform the duties required under this Agreement; 
 (b) Executive commits a material breach of any of the covenants in this Agreement, which breach has not been remedied within 30 days of
notice thereof, or 
 (c) Executive habitually, willfully and materially neglects his obligations under this Agreement or the
Executive’s duties as an employee of Graham, Holdings or the Company and fails to correct such action within 30 days of notice thereof. 
 1.12 “Code” means the Internal Revenue Code of 1986, as amended from time to time. 
 1.13 “Committee” means the Compensation Committee of the Board. 
 1.14 “Company” see the recitals to this Agreement. 
 1.15 “Company
Inventions”—see Section 8.2(b). 
 1.16 “Date of Termination” means the effective date of a
Termination of Employment for any reason, including death or Disability, whether by either the Company or the Executive. 
 1.17
“Director” means a director of the Graham. 
 1.18 “Disability” means the Executive is
“disabled” as determined under Section 409A of the Code. 
 1.19 “Employment Period”—see
Section 3.1. 
 1.20 “Exchange Act” means the Securities Exchange Act of 1934, as amended or any
successors thereto. 
 1.21 “Excise Tax”—see Exhibit A. 
 1.22 “Executive”—see the recitals to this Agreement. 
 1.23 “Extension Date”—see Section 3.2. 
 1.24 “Good Reason” means the termination of the Executive’s employment with Graham, the Company and Holdings within 90
days following the occurrence, without Executive’s prior written consent, of any of the following events: 
 (a) a
substantial diminution in Executive’s position, authority, duties or responsibilities as contemplated by the preamble to this Agreement, excluding any isolated, insubstantial and inadvertent action which is remedied by Graham, Holdings or the
Company promptly after receipt of notice thereof from the Executive; 
 (b) a decrease in Executive’s Base Salary or Target
Annual Bonus; 
  

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 (c) a reduction in Executive’s participation in the Company’s benefit plans and
policies to a level materially less favorable to Executive unless such reduction applies to a majority of senior level executives; or 
 (d) the announcement of the relocation or the actual relocation of the Executive’s primary place of employment to a location 50 or more miles from the Company’s current headquarters; or 
 (e) a breach by the Company of any of its obligations under Articles IV, V, VI and VII of this Agreement and the failure to correct the same
within ten (10) days of notice thereof. 
 1.25 “Gross-Up Payment”—Exhibit A. 
 1.26 “Inventions” see Section 8.2(a). 
 1.27 “Payment”—see Exhibit A. 
 1.28
“Person” means any individual, sole proprietorship, partnership, joint venture, trust, unincorporated organization, association, corporation, institution, public benefit corporation, entity or government instrumentality, division,
agency, body or department. 
 1.29 “Prior Inventions”—see Section 8.2(a). 
 1.30 “Prorata Annual Bonus” means the product of (a) the Annual Bonus Executive would have been entitled to receive
pursuant to Section 4.2 based upon the achievement of the financial budget or other objective performance criteria established by the Committee in accordance with Section 4.2 hereof in the Year of the Executive’s Termination of
Employment multiplied by (b) a fraction of which the numerator is the numbers of days that have elapsed in such Year of Termination of Employment through the Date of Termination and the denominator is 365. 
 1.31 “Restricted Period” means the twenty-four month period immediately following a Termination of Employment for any
reason. 
 1.32 “Safe Harbor Amount” see Exhibit A. 
 1.33 “Shareholder” or “Stockholder” means an owner of the Company’s securities. 
 1.34 “Subsidiary” means, with respect to any Person, (a) any corporation of which more than 50% of the outstanding
capital stock having ordinary voting power to elect a majority of the board of directors of such corporation (irrespective of whether, at the time, stock of any other class or classes of such corporation shall have or might have voting power by
reason of the happening of any contingency) is at the time, directly or indirectly, owned by such Person, and (b) any partnership, limited liability company or other entity in which such Person has a direct or indirect interest (whether in the
form of voting or participation in profits or capital contribution) of more than 50%. 
 1.35 “Target Annual
Bonus” means the product of Base Salary (at the time of the establishment of the financial budget or other objective performance criteria established by the Committee for a given Year in accordance with Section 4.2 below) multiplied by
180 percent, as such percentage may be adjusted upwards from time to time by the Committee prior to the establishment of any preestbliahed objective performance goals for the applicable period. 
  

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 1.36 “Termination For Good Reason” means a Termination of Employment during
the Employment Period by Executive for Good Reason. 
 1.37 “Termination of Employment” means a termination by
the Company or by Executive (or due to Executive’s death) of Executive’s employment with the Company or its Affiliates. 
 1.38 “Termination Without Cause” means a Termination of Employment during the Employment Period by the Company for any reason other than Cause or Executive’s death or Disability. 
 1.39 “Underpayment”—see Exhibit A. 
 1.40 “Year” means a calendar year period ending on December 31. 
 ARTICLE II 
 DUTIES 
 2.1 Duties. Graham shall employ Executive during the Employment Period as its Chief Executive Officer. During the Employment Period, Executive shall perform the duties assigned to him hereunder by
Graham’s Board from time to time, shall devote his full business time, attention and effort to the affairs of Graham and its affiliates and shall use his reasonable best efforts to promote the interests of Graham and its affiliates. During the
Employment Period, and excluding any periods of disability, vacation, or sick leave to which Executive is entitled, Executive agrees to devote his full business time and attention and time to the business and affairs of Graham and its affiliates. If
requested, Executive shall also serve as a member of the Board without additional compensation. 
 2.2 Other Activities.
Executive may serve on one corporate board other than Graham, the Company and Holdings, and may also (i) serve on other corporate, civic or charitable boards or committees, deliver lectures, fulfill speaking engagements, or teach at educational
institutions, subject to the consent of the Board (which shall not be unreasonably withheld) and/or (ii) manage personal investments, provided that all such activities do not individually or in the aggregate significantly interfere with the
performance of his duties under this Agreement or violate Section 8.1 of this Agreement. 
 ARTICLE III 
 EMPLOYMENT PERIOD 
 3.1 Employment Period. Subject to Section 3.2 and the termination provisions hereinafter provided, the term of Executive’s employment under this Agreement (the “Employment Period”) shall begin on the Agreement
Date and end on the third anniversary of the Agreement Date, or, if applicable at the end of any extension pursuant to Section 3.2. The employment of Executive by Graham shall not be terminated other than in accordance with Article VII.

 3.2 Extensions of Employment Period. Commencing on the third anniversary of the Agreement Date, and on each
anniversary date thereafter, (each an “Extension Date”) if 90 days before that date either Graham, Holdings or the Company has not delivered to Executive, and Executive has not delivered to Graham, Holdings and the Company, a written
notice that the Employment Period will not be extended, the Employment Period will be automatically extended for one year from its then scheduled expiration date (i.e., the next occurring Extension Date). 
  

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 ARTICLE IV 
 COMPENSATION 
 4.1 Salary. The Company shall pay Executive in accordance
with its normal payroll practices (but not less frequently than monthly) an annual salary at a rate of $750,000 per year (“Base Salary”). During the Employment Period, the Base Salary shall be reviewed at least annually by the Committee
after consultation with Executive and may from time to time be increased as determined by the Committee. Except as otherwise provided herein, effective as of the date of any such increase, the Base Salary as so increased shall be considered the new
Base Salary for all purposes of this Agreement. Any increase in Base Salary shall not limit or reduce any other obligation of Graham or the Company to Executive under this Agreement. 
 4.2 Annual Bonus. 
 (a) Subject to Article 7, Executive shall be eligible to earn an annual cash bonus (“Annual Bonus”) in accordance with the terms hereof for the current Year and each subsequent Year that begins during the Employment Period.
Executive shall be eligible for an Annual Bonus based upon the achievement of the financial budget or other objective performance criteria established by the Committee in accordance with Section 162(m) of the Internal Revenue Code. The Annual
Bonus shall be equal to the Target Annual Bonus upon full achievement of the target performance criteria plus any other specified percentage in excess of the Target Annual Bonus established by the Committee based upon any preestbliahed objective
performance goals for the applicable period, but may be less than the Target Annual Bonus upon lesser levels of achievement. 
 (b) The Committee shall certify in writing prior to the payment of the Annual Bonus the achievement of the financial budget or other objective performance criteria related to the Annual Bonus. The Company
shall pay the entire Annual Bonus that is payable with respect to a Year in a lump-sum cash payment within 2 1/2 months following the close of such Year. Any such Annual Bonus shall in any event be paid no later than the date annual bonuses are paid to the other senior executives of the
Company. 
 ARTICLE V 
 OTHER BENEFITS 
 5.1 Incentive, Savings and Retirement Plans. In addition
to Base Salary and the Annual Bonus, Executive shall be entitled to participate during the Employment Period in all incentive, savings and retirement plans, practices, policies and programs that are from time to time generally available to other
senior executives of Graham, Holdings or the Company. 
 5.2 Welfare Benefits. During the Employment Period, Executive
and/or his eligible dependents, as the case may be, shall be eligible for participation in all benefits under welfare benefit plans, practices, policies and programs provided by Graham, Holdings or the Company (including any medical, prescription,
dental disability, salary continuance, employee life, group life, dependent life, accidental death and travel accident insurance plans and programs) generally available to other senior executives of Graham, Holdings or the Company and, to the extent
permissible under any medical and prescription plans, without regard to any applicable waiting periods. 
 5.3 Fringe
Benefits. During the Employment Period, Executive shall be entitled to all fringe benefits that are from time to time generally available to other senior executives of Graham, Holdings, or the Company during any applicable Year. 
  

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 5.4 Vacation. During the Employment Period, Executive shall be entitled to paid
vacation time in accordance with the plans, practices, policies, and programs generally available to other senior executives of Graham, Holdings or the Company, with a minimum of 4 weeks vacation per year. 
 5.5 Expenses. During the Employment Period, Executive shall be entitled to receive prompt reimbursement for all
reasonable employment related expenses incurred by Executive for the prior month upon the receipt by Graham, Holdings, or the Company of accounting in accordance with practices, policies and procedures generally available to other senior executives
of the Company; provided that all reimbursements shall in any event be made within 2 1/2 months following the Year in which they were incurred. 
 5.6 Office;
Support Staff. During the Employment Period, Executive shall be entitled to an office or offices of a size and with furnishings and other appointments, and to secretarial and other assistance, appropriate to his position and duties under this
Agreement. 
 5.7 Housing and Automobile Allowance. During the Employment Period, Executive shall be entitled to receive
(i) a monthly housing allowance, on an after-tax basis, equal to $5,000, per month and (ii) an automobile allowance of $600 per month as may be adjusted upward by the Board. 
 5.8 Tax Gross-Up Payment. If it shall be determined that any payment to Executive pursuant to this Agreement or any other payment or
benefit from Graham, Holdings, or the Company would be subject to the excise tax imposed by section 4999 of the Code, then Executive shall receive a Gross-Up Payment pursuant to Exhibit A attached hereto. 
 ARTICLE VI 
 OTHER
EXECUTIVE BENEFITS 
 6.1 Equity Incentive Agreement. Executive shall be eligible to participate in the Graham Packaging
Company, Inc. 2010 Equity Compensation Plan and any other equity compensation or incentive plan or program made available to other senior executives of Graham, Holdings or the Company. 
 6.2 Indemnification. The Company shall, to the maximum extent permitted by law, and in addition to any such right granted to or
available to the Executive under the Company’s Charter, By-laws or standing or other resolutions, defend, indemnify and hold harmless the Executive from and against any and all claims made against the Executive concerning or relative to his
service, actions or omissions on behalf of the Company as an officer, employee, director or agent of the Graham, the Company and Holdings; provided, however, that the obligation to indemnify the Executive shall not apply to any claim made against
the Executive that arises out of the act, omission or failure to act that would constitute Cause for the Executive’s termination of employment. The Company shall, upon the Executive’s request, promptly advance or pay any amounts for
reasonable costs, charges, or expenses (including any legal fees and expenses incurred by counsel retained by the Executive) in respect of his right to indemnification hereunder or in furtherance of such right, subject to a later determination as to
the Executive’s ultimate right to receive indemnification. The Executive’s right to indemnification shall survive until the expiration of all applicable statutes of limitations, without regard to the earlier termination of the
Executive’s employment. 
  

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 ARTICLE VII 
 TERMINATION BENEFITS 
 7.1 Termination of Employment. The Employment Period
and Executive’s employment hereunder may be terminated by any party at any time and for any reason; provided that Executive will be required to give Graham at least 30 days’ advance written notice of any resignation of Executive’s
employment except if such resignation is for Good Reason. Notwithstanding any other provision of this Agreement, the provisions of this Article VII shall exclusively govern Executive’s rights under this Agreement following the expiration
of the Employment Period or if Executive’s employment with Graham or any of its Affiliates is terminated during the Employment Period for any reason. 
 7.2 Termination for Cause or Other Than for Good Reason, etc. 
 (a) If
Graham, Holdings, and the Company terminates Executive’s employment during the Employment Period for Cause or Executive terminates his employment during the Employment Period other than for Good Reason, death or Disability, the Company shall
pay to Executive immediately after the Date of Termination an amount equal to Executive’s Accrued Base Salary, accrued but unpaid vacation, unpaid business expenses properly incurred by Executive in accordance with Graham, Holdings or Company
policy, as applicable, prior to the date of Executive’s termination. 
 (b) Before terminating Executive’s employment
for Cause, the Board will specify in writing to Executive in detail the nature of the act, omission, refusal, or failure that it deems to constitute Cause and Executive (with counsel, if Executive so chooses) shall be given a reasonable opportunity
to be heard by the full Board as to whether Cause exists. 
 7.3 Termination for Death or Disability. If Executive’s
employment terminates during the Employment Period due to his death or Disability, the Company shall pay to Executive or his Beneficiaries, as the case may be, immediately after the Date of Termination an amount that is equal to the total of
(i) the Executive’s Accrued Base Salary, (ii) accrued but unpaid vacation, (iii) unpaid business expenses properly incurred by Executive in accordance with Company policy prior to the date of Executive’s termination, and
(iv) any accrued but unpaid Annual Bonus. 
 7.4 Termination Without Cause or Resignation for Good Reason. Upon
termination of the Executive’s employment with Graham, the Company and Holdings during the Employment Period either (i) by Graham, the Company and Holdings without Cause or (ii) by the Executive’s resignation for Good Reason, and
subject to the Executive’s execution and non-revocation of a release in substantially such reasonable form as is provided by the Company (such release shall include provisions regarding non-disparagement of Graham, the Company and Holdings, the
Executive’s reasonable cooperation with legal claims, and the Executive’s compliance with the covenants set forth in Article VIII of this Agreement), the Executive will receive in 24 monthly installments an amount equal to two times
the sum of: (i) Base Salary (prior to any reduction in Base Salary that constitutes Good Reason) and (ii) the average Annual Bonus earned in the preceding three years (including any Annual Bonus paid pursuant to the Prior Agreement). In
addition to the above payments, (a) Executive shall receive upon termination of employment, a Prorata Annual Bonus at the time the Annual Bonus would have otherwise been payable had Executive’s employment not terminated and the
continuation of non-taxable health and dental benefits to which Executive is entitled as of the date of termination for 12 months; provided that such benefits shall cease upon the Executive becoming eligible for comparable benefits from a new
employer; (b) Executive shall receive, for a period of 12 months following the date of termination, but no later than the point at which Executive is employed on a

  

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substantively full-time basis, executive career transition services, not to exceed $25,000 in the aggregate; and (c) the Time-Based Tranche Options provided to the Executive pursuant to the
Option Agreement attached as Exhibit B to the Prior Agreement and any other time based options granted to Executive by Graham, Holdings or the Company shall immediately become fully vested. 
 Notwithstanding the foregoing, if Executive is a “specified employee” under Section 409A of the Code, and any payments
described above would result in the imposition of an additional tax under that section, then any of the above payments due during the six months following the termination of employment shall be accumulated and paid on the day following the six month
anniversary of the Executive’s termination of employment. 
 7.5 Other Termination Benefits. In addition to any
amounts or benefits payable upon a Termination of Employment hereunder, Executive shall, except as otherwise specifically provided herein, be entitled to any payments or benefits provided under the terms of any plan, policy or program of the Company
in which Executive participates or as otherwise required by applicable law. 
 7.6 Election Not to Extend the Employment
Period. If the Company elects not to extend the Employment Period pursuant to Section 3.2 such that the Employment Period terminates, the nonextension shall be treated as a Termination without Cause. 
 7.7 Continued Employment Beyond the Expiration of the Employment Period. Unless the parties otherwise agree in writing, continuation
of Executive’s employment with the Company beyond the expiration of the Employment Period shall be deemed an employment at-will and shall not be deemed to extend any of the provisions of this Agreement and Executive’s employment may
thereafter be terminated at will by either Executive or the Company; provided that the provisions of Article VIII of this Agreement shall survive any termination of this Agreement or Executive’s termination of employment hereunder.

 7.8 Board/Committee Resignation. Upon Executive’s Termination of Employment for any reason, Executive agrees to
resign, as of the date of such termination and to the extent applicable, from the Board (and any committees thereof) and the Board of Directors (and any committees thereof) of any of the Company’s affiliates. 
 7.9 Property. Upon Executive’s termination of Employment with the Company for any reason, Executive shall return all property of
the Company and Holdings to the Company. 
 ARTICLE VIII 
 RESTRICTIVE COVENANTS 
 8.1 Non-Solicitation of Employees;
Confidentiality; Non-Competition. 
 (a) Executive covenants and agrees that, at no time during the Employment Period nor
during the Restricted Period, will Executive: 
 (i) Directly or indirectly employ or seek to employ any person (other than his
personal assistant) employed as of the date of Executive’s Termination of Employment or who left the employment of the Company or its Affiliates coincident with, or within six months prior to or after, the Executive’s Termination of
Employment with the Company or otherwise encourage or entice any such person to leave such employment (provided that this Section 8.1(a)(i) shall not apply either to persons who had not become employed by the Company before the Date of
Termination or to persons whose employment ended at any time as a result of the Company’s termination of those individuals without cause); 
  

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 (ii) Become employed by, enter into a consulting arrangement with or otherwise agree to
perform personal services for a Competitor (as defined in section 8.1 (b)); 
 (iii) Acquire an ownership interest, or an option
to purchase an ownership interest in a Competitor, other than a publicly traded Competitor provided that ownership or option position in such publicly traded Competitor does not exceed 5 percent; 
 (iv) Solicit any business of the Company on behalf of or for the benefit of a Competitor; or 
 (v) Interfere with, or attempt to interfere with, business relationships (whether formed before, on or after the date of this Agreement)
between the Company or any of its affiliates and customers, clients, suppliers of the Company or its Affiliates. 
 (b) For
purposes of the Section, “Competitor” means any Person that produces blowmolded plastic containers or produces or provides any other product or service of the Company that represents, as of the Date of Termination, at least 10% of the
consolidated revenues of the Company (including, without limitation, products or services that Executive is aware, as of the Date of Termination, that the Company had specific plans (as evidenced through the most recent annual corporate business
plan or by resolutions of the Board) to produce or provide during the twelve month period following the Date of Termination and such products or services are reasonably anticipated to represent at least 10% of the consolidated revenues of the
Company within the two years following the Date of Termination) that are competitive with those sold by a business that is being conducted by the Company or any Subsidiary at the time in question and was being conducted at the Date of Termination.
Notwithstanding anything to the contrary in this Section, goods or services shall not be deemed to be competitive with those of the Company solely as a result of Executive’s being employed by or otherwise associated with a business of which a
unit is in competition with the Company or any Subsidiary (a “Competitive Unit”) but as to which unit Executive does not have direct or indirect responsibilities for the products or services involved; provided, that such Competitive Unit
contributes less than 25% of the consolidated revenues for the most recently completed fiscal year of such business. 
 (c)
Executive covenants and agrees that at no time during the Employment Period nor at any time following any Termination of Employment will Executive communicate, furnish, divulge or disclose in any manner to any Person any Confidential Information (as
defined in Section 8.1(d) without the prior express written consent of the Company other than in the course of Executive’s employment. After a Termination of Employment, Executive shall not, without the prior written consent of the
Company, or as may otherwise be required by law or legal process, communicate or divulge such Confidential Information to anyone other than the Company and its designees. 
 (d) For purposes of this Section, “Confidential Information” shall mean financial information about the Company, contract terms with vendors and suppliers, customer and supplier lists and data,
know-how, software developments, inventions, formulae, technology, designs and drawings, or any Company property or confidential information relating to research, operations, finances, current and proposed products and services, vendors, customers,
advertising, costs, marketing, trading, investment, sales activities, promotion, manufacturing processes, or the business and affairs of the Company generally, or of any subsidiary or affiliate of the Company, trade secrets and such other
competitively-sensitive information, except that Confidential Information shall not include any information that was or becomes generally available to the public (i) other than as a result of a wrongful disclosure by Executive, (ii) as a

  

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result of disclosure by Executive during the Employment Period that he reasonably and in good faith believes is required by the performance of his duties under this Agreement, or (iii) any
information compelled to be disclosed by applicable law or administrative regulation; provided that Executive, to the extent not prohibited from doing so by applicable law or administrative regulation, shall give the Company written notice of the
information to be so disclosed pursuant to clause (iii) of this sentence as far in advance of its disclosure as is practicable. 
 (e) Executive agrees that upon Executive’s Termination of Employment with the Company for any reason, he will return to the Company immediately all memoranda, books, papers, plans, information, letters and other data, and all copies
thereof or therefrom, in any way relating to the business of the Company, its affiliates and subsidiaries, except that he may retain only those portions of personal notes, notebooks and diaries that do not contain Confidential Information of the
type described in the preceding sentence and any personal address books (whether in print or electronic form). Executive further agrees that he will not retain or use for Executive’s own benefit, purposes or account or the benefit, purposes or
account of any other person, firm, partnership, joint venture, association, corporation or other business designation, entity or enterprise, other than the Company and any of its Subsidiaries or Affiliates, at any time any trade names, trademark,
service mark, other proprietary business designation, patent, or other intellectual property of the Company or its Affiliates. 
 8.2 Inventions. 
 (a) Prior Inventions. Executive has attached hereto, as Exhibit B, a list describing
all inventions, works of authorship (including software, related items, databases, documentation, site content, text or graphics), developments, and improvements that relate to the Company’s proposed or current business, services, products or
research and development (“Inventions”) that were created or contributed to by Executive either solely or jointly with others prior to Executive’s employment with the Company and that relate to the Company’s proposed or current
business, services, products or research and development (collectively referred to as “Prior Inventions”); or, if no such list is attached, Executive represents that there are no such Prior Inventions. If in the course of Executive’s
employment with the Company, Executive uses or relies upon a Prior Invention in Executive’s creation or contribution to any work of authorship, invention, product, service, process, machine or other property of the Company, Executive will
inform the Company promptly and, upon request, use Executive’s best efforts to procure any consents of third parties necessary for the Company’s use of such Prior Invention. To the fullest extent permissible by law, Executive hereby grants
the Company a non-exclusive royalty-free, irrevocable, perpetual, worldwide license under all of Executive’s Prior Inventions to make, have made, copy, modify, distribute, use and sell works of authorship, products, services, processes and
machines and to otherwise operate the Company’s current and future business. 
 (b) Ownership of Inventions.
Executive agrees that Executive will promptly make full written disclosure to the Company, and hereby assign to the Company, or its designee, all of Executive’s right, title, and interest in and to any and all Inventions, whether or not
patentable, that Executive may solely or jointly conceive or develop or reduce to practice, or cause to be conceived or developed or reduced to practice, during the period of time Executive is in the employ of the Company (collectively referred to
as “Company Inventions”). Executive further acknowledges that all original works of authorship that are created or contributed to by Executive (solely or jointly with others) within the scope of and during the period of Executive’s
employment with the Company are to be deemed “works made for hire,” as that term is defined in the United States Copyright Act (17 U.S.C. Section 101), and the Company will own all right, title and interest in such works, including
all copyright and all intellectual property therein shall be the sole property of the Company or its designee for all territories of the world in perpetuity, including any and all copyright registrations, copyright applications and all other
copyrightable materials, including any renewals and extensions thereof, and in and to all works based upon,

  

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derived from, or incorporating the works covered by such copyrights and in and to all income, royalties, damages, claims, and payments now or hereinafter due or payable with respect thereto, and
in all causes of action, either in law or in equity for past, present or future infringement based on said copyrights, and in and to all rights corresponding to the foregoing throughout the world. To the extent any of such works are deemed not to be
“works made for hire,” Executive hereby assigns the copyright and all other intellectual property rights in such works to the Company. 
 (c) Contracts with the United States. Executive agrees to execute any licenses or assignments as required by any contract between the Company and the United States or any of its agencies.

 (d) Maintenance of Records. Executive agrees to keep and maintain adequate and current written records of all Company
Inventions made by Executive (solely or jointly with others) during the term and within the scope of Executive’s employment with the Company. The records will be in the form of notes, sketches, drawings, and any other format that may be
specified by the Company. The records will be available to and remain the sole property and intellectual property of the Company at all times. 
 (e) Further Assurances. Executive covenants to take all reasonably requested actions and execute all requested documents to assist the Company, or its designee, at the Company’s expense (but
without further remuneration), in every way to secure the Company’s above rights in the Prior Inventions and Company Inventions and any copyrights, patents, mask work rights or other intellectual property rights relating thereto in any and all
countries, and to pursue any patents or registrations with respect thereto. This covenant shall survive the termination of this Agreement. If the Company is unable for any other reason to secure Executive’s signature on any document for this
purpose, then Executive hereby irrevocably designates and appoints the Company and its duly authorized officers and agents as Executive’s agent and attorney in fact, to act for and in Executive’s behalf and stead to execute any documents
and to do all other lawfully permitted acts in connection with the foregoing. 
 8.3 Injunction. Executive acknowledges
that monetary damages will not be an adequate remedy for the Company in the event of a breach of this Article VIII, and that it would be impossible for the Company to measure damages in the event of such a breach. Therefore, Executive agrees
that, in addition to other rights that the Company may have, the Company is entitled to (i) in the event of a breach by Executive of this Article VII that is not cured within 10 days following written notice from the Company to the
Executive detailing such breach, cease making any payments or providing any benefit otherwise required by this Agreement and/or (ii) an injunction preventing Executive from any breach of this Article VIII. 
 ARTICLE IX 
 MISCELLANEOUS 
 9.1 Mitigation. In no event shall Executive be obligated to seek other employment or take any
other action to mitigate the amounts payable to Executive under any of the provisions of this Agreement, nor shall the amount of any payment hereunder be reduced by any compensation earned as result of Executive’s employment by another
employer. 
 9.2 Legal Fees. If Executive incurs legal or other fees and expenses in an effort to secure or preserve
establish entitlement to compensation and benefits under this Agreement, the Company shall reimburse Executive for such fees and expenses to the extent that the Executive substantially prevails in such dispute. The Company agrees to pay the
Executive’s reasonable attorneys’ fees and expenses related to the negotiation and execution of this Agreement up to a maximum of $15,000. 
  

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 9.3 Beneficiary. If Executive dies prior to receiving all of the amounts payable to
him in accordance with the terms of this Agreement, such amounts shall be paid to one or more beneficiaries (each, a “Beneficiary”) designated by Executive in writing to the Company during his lifetime, or if no such Beneficiary is
designated, to Executive’s estate. Such payments shall be made in a lump sum to the extent so payable and, to the extent not payable in a lump sum, in accordance with the terms of this Agreement. Executive, without the consent of any prior
Beneficiary may change his designation of Beneficiary or Beneficiaries at any time or from time by a submitting to the Company a new designation in writing. 
 9.4 Assignment; Successors. This Agreement shall not be assignable by Executive. This Agreement may be assigned by Graham, Holdings, or the Company to a person or entity that is a successor in
interest to substantially all of the business operations of the Company. Upon such assignment, the rights and obligations of the Company hereunder shall become the rights and obligations of such affiliate or successor person or entity. This
Agreement shall be binding and inure to the benefit of Executive, his estates and Beneficiaries, the Company and the successors and permitted assigns of the Company. 
 9.5 Nonalienation. Benefits payable under this Agreement shall not be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, charge, garnishment,
execution or levy of any kind, either voluntary or involuntary, prior to actually being received by Executive or a Beneficiary, as applicable, and any such attempt to dispose of any right to benefits payable hereunder shall be void. 
 9.6 Severability. If one or more parts of this Agreement are declared by any court of competent authority to be unlawful or invalid,
such unlawfulness or invalidity shall not invalidate any other part of this Agreement not declared to be unlawful or invalid. Any part so declared to be unlawful or invalid shall, if possible, be construed in a manner that will give effect to the
terms of such part to the fullest extent possible while remaining lawful and valid. 
 9.7 Withholding Taxes. The Company
may withhold from any amounts payable under this Agreement such Federal, state and local taxes as may be required to be withheld pursuant to any applicable law or regulation. 
 9.8 Captions. The names of the Articles and Sections of this Agreement are for convenience of reference only and do not
constitute a part hereof. 
 9.9 Amendment; Waives. This Agreement shall not be amended or modified except by written
instrument executed by the Company and Executive. A waiver of any term, covenant or condition, and any waiver of any default in any such term, covenant or condition shall not be deemed a waiver of any later default thereof. 
 9.10 Notices. All notices hereunder shall be in writing and delivered by hand, by nationally-recognized delivery service that
guarantees overnight delivery, or by first-class, registered or certified mail, return receipt requested, postage prepaid, addressed as follows: 
  

			
	If to Graham, Holdings or the Company, to:	  	 Graham Packaging Company, L.P.
 2401 Pleasant Valley Road
 York, PA 17402

		  	Attention: General Counsel

  

 - 12 - 

			
	With a copy to:	  	The Blackstone Group L.P.
		  	345 Park Avenue, 31st Floor
		  	New York, NY 10154
		  	Attention: Chinh Chu
		
	If to Executive to:	  	Mark S. Burgess
		  	 [Address]

		  	
		
	With a copy to:	  	Sidley Austin LLP
		  	787 Seventh Avenue
		  	New York, New York 10019
		  	Attn: Robert P. Hardy, Esq.

 To the most
recent address of Executive set forth in the personnel records of the Company. 
 Either party may from time to time designate a
new address by notice given in accordance with this Section Notice shall be effective when actually received by the addressee. 
 9.11 Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument. 
 9.12 Entire Agreement. This Agreement forms the entire agreement between the parties hereto with respect to the subject matter
contained in this Agreement. The execution of this Agreement shall not be deemed to create any obligations to the Company or Holdings under Article VII of the Prior Agreement. 
 9.13 Applicable Law. This Agreement shall be interpreted and construed in accordance with the laws of the Commonwealth of
Pennsylvania, without regard to its choice of law principles. 
 9.14 Survival of Executive’s Rights. All of
Executive’s rights hereunder, including his rights to compensation and benefits, and his obligations under Section 8.1 hereof, shall survive the termination of Executive’s employment and/or the termination of this agreement.

 9.15 Joint and Several Liability. The obligations of Graham, Holdings and the Company hereunder shall be joint and
several. 
  

 - 13 - 

 IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above
written. 
  

			
	Graham Packaging Company Inc.
		
	By:	 	 /s/ Michael L. Korniczky

	Title:	 	Vice President, General Counsel and Secretary
	
	Graham Packaging Company, L.P.
		
	By:	 	 /s/ Michael L. Korniczky

	Title:	 	Vice President, General Counsel and Secretary
	
	Graham Packing Holdings Company
		
	By:	 	 /s/ Michael L. Korniczky

	Title:	 	General Counsel and Assistant Secretary
	
	Executive
	
	 /s/ Mark S. Burgess

	Mark S. Burgess

  

 - 14 - 

 Exhibit A 
 Gross-Up Payment 
 (a) In the event it shall be
determined that any payment or benefit under this Agreement or any other payment or benefit from the Company (whether paid or payable or distributed or distributable pursuant to the terms of this Agreement, or otherwise) (a “Payment”) is
subject to the excise tax imposed by Section 4999 of the Code or any interest or penalties are incurred by Executive with respect to such excise tax (such excise tax, together with any such interest and penalties, hereinafter collectively
referred to as the “Excise Tax”), Executive shall be entitled to receive an additional payment (a “Gross-Up Payment”) in an amount such that after payment by Executive of all taxes (including any interest or penalties imposed
with respect to such taxes), including, without limitation, any income taxes (and any interest and penalties imposed with respect thereto) and the Excise Tax imposed upon the Gross-Up Payment, Executive retains an amount of the Gross-Up Payment
equal to the Excise Tax imposed upon the Payments. Notwithstanding the foregoing provisions of this Exhibit A, if it shall be determined that Executive is entitled to a Gross-Up Payment, but that the Payment does not exceed 110% of the greatest
amount that could be paid to Executive without giving rise to any Excise Tax (the “Safe Harbor Amount”), then no Gross-Up Payment shall be made to Executive and the amounts payable under this Agreement shall be reduced so that the Payment,
in the aggregate, is reduced to the Safe Harbor Amount. 
 (b) All determinations required to be made under this Exhibit A,
including whether and when a Gross-Up Payment is required and the amount of such Gross-Up Payment and the assumptions to be utilized in arriving at such determination, shall be made by a nationally recognized accounting firm determined by the
Company (the “Accounting Firm”), which shall provide detailed supporting calculations both to the Company and Executive within ten business days of the receipt of notice from Executive that there has been a Payment, or such earlier time as
is requested by the Company; provided that for purposes of determining the amount of any Gross-Up Payment, Executive shall be deemed to pay federal income tax at the highest marginal rates applicable to individuals in the calendar year in which any
such Gross-Up Payment is to be made and deemed to pay state and local income taxes at the highest effective rates applicable to individuals in the state or locality of Executive’s residence or place of employment in the calendar year in which
any such Gross-Up Payment is to be made, net of the reduction in federal income taxes that can be obtained from deduction of such state and local taxes, taking into account limitations applicable to individuals subject to federal income tax at the
highest marginal rates. All fees and expenses of the Accounting Firm shall be borne by the Company. Any Gross-Up Payment, as determined pursuant to this Exhibit A, shall be paid by the Company to Executive (or to the appropriate taxing authority on
Executive’s behalf) when due. If the Accounting Finn determines that no Excise Tax is payable by Executive, it shall so indicate in a written opinion provided to the Executive at least 10 days prior to the unextended due date of the
Executive’s tax return with respect to the Year for which the Payment is made. Any determination by the Accounting Firm shall be binding upon the Company and Executive. As a result of the uncertainty in the application of Section 4999 of
the Code, it is possible that the amount of the Gross-Up Payment determined by the Accounting Firm to be due to (or on behalf of) Executive was lower than the amount actually due (“Underpayment”). In the event that the Company exhausts its
remedies pursuant to Section (c) of this Exhibit A and Executive thereafter is required to make a payment of any Excise Tax, the Accounting Firm shall determine the amount of the Underpayment that has occurred and any such Underpayment
(including without limitation any related interest or penalties) shall be promptly paid by the Company to or for the benefit of Executive. 

 (c) Executive shall notify the Company in writing of any claim by the Internal Revenue
Service that, if successful, would require the payment by the Company of any Gross Up Payment. Such notification shall be given as soon as practicable but no later than ten business days after Executive receives information in writing of such claim
and shall apprise the Company of the nature of such claim and the date on which such claim is requested to be paid; provided, that the failure of Executive to give notice within the time frame shall not affect the Company’s obligations
hereunder unless the Company is materially prejudiced by the delayed notice. Executive shall not pay such claim prior to the expiration of the thirty day period following the date on which it gives such notice to the Company (or such shorter period
ending on the date that any payment of taxes with respect to such claim is due). If the Company notifies Executive in writing prior to the expiration of such period that it desires to contest such claim, Executive shall (i) give the Company any
information reasonably requested by the Company relating to such claim, (ii) take such action in connection with contesting such claim as the Company shall reasonably request in writing from time to time, including, without limitation,
accepting legal representation with respect to such claim by an attorney selected by the Company, (iii) cooperate with the Company in good faith in order to effectively contest such claim and (iv) permit the Company to participate in any
proceedings relating to such claim; provided, however, that the Company shall bear and pay directly all costs and expenses (including additional interest and penalties) incurred in connection with such contest and shall indemnify and hold Executive
harmless, on an after-tax basis, for any Excise Tax or income tax (including interest and penalties with respect thereto) imposed as a result of such representation and payment of costs and expenses. Without limitation on the foregoing provisions of
this Section (c), the Company shall control all proceedings taken in connection with such contest and, at its sole option, may pursue or forego any and all administrative appeals, proceedings, hearings and conferences with the taxing authority
in respect of such claim and may, at its sole option, either direct Executive to pay the tax claimed and sue for a refund or contest the claim in any permissible manner, and Executive agrees to prosecute such contest to a determination before any
administrative tribunal, in a court of initial jurisdiction and in one or more appellate courts, as the Company shall determine; provided, further, that if the Company directs Executive to pay such claim and sue for a refund, the Company shall
advance the amount of such payment to Executive, on an interest-free basis, and shall indemnify and hold Executive harmless, on an after-tax basis, from any Excise Tax or income tax (including interest or penalties with respect thereto) imposed with
respect to such advance (including without limitation with respect to forgiveness of such advance pursuant to Section (d)) or with respect to any imputed income with respect to such advance; provided, further, that if Executive is required to
extend the statute of limitations to enable the Company to contest such claim, Executive may limit this extension solely to such contested amount. The Company’s control of the contest shall be limited to issues with respect to which a Gross-Up
Payment would be payable hereunder and Executive shall be entitled to settle or contest, as the case may be, any other issue raised by the Internal Revenue Service or any other taxing authority. 
 (d) If, after the receipt by Executive of an amount paid or advanced by the Company pursuant to this Exhibit A, Executive becomes entitled
to receive any refund with respect to a Gross-Up Payment, Executive shall promptly pay to the Company the amount of such refund received (together with any interest paid or credited thereon after taxes applicable thereto). If, after the receipt by
Executive of an amount advanced by the Company pursuant to Section (c), a determination is made that Executive shall not be entitled to any refund with respect to such claim and the Company does not notify Executive in writing of its intent to
contest such denial of refund prior to the expiration of thirty days after such determination, then such advance shall be forgiven and shall not be required to be repaid and the amount of such advance shall offset, to the extent thereof, the amount
of the Gross-Up Payment required to be paid. 

 Exhibit B 
 Prior Inventions 
 None

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