SEC Contract Filing

Filing Date: 2019-11-12

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exhibit102.htm
<DESCRIPTION>EXPATRIATE AGREEMENT - A STEEPLES
<TEXT>

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<title>EXHIBIT 31</title>

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<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;text-align:right;"><font color=black style="border:none;"><b><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">EXHIBIT
10.2</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></font></p>

<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;text-align:right;"><font face=Arial,sans-serif style="border:none;"><img alt="Quaker_tag_vert_PMS" height=105 id="Picture 1" src="exhibit102x0x0.jpg" width=134></font>&nbsp;</p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><b><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">Adrian Steeples</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><b><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">Expatriate Agreement</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><b><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">October 12, 2017</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">The following Expatriate Agreement (&#8220;Agreement&#8221;), effective the
date of Closing, is </font></font><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">contingent on and subject to the closing of the transaction
contemplated in the April 4, 2017 Share Purchase Agreement by and among Global
Houghton LTD., Quaker Chemical Corporation, Gulf Houghton Lubricants LTD., the
Other Sellers Parties Hereto, and Gulf Houghton Lubricants LTD. (the
&#8220;Closing&#8221;). In no event shall this Agreement become effective prior to the
Closing, and in the event the Closing does not occur, this Agreement shall be
of no force and effect and shall be treated as if never executed. The Agreement
is </font></font><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">made a part of the Employment Agreement between Quaker (&#8220;Quaker&#8221;
or the &#8220;Company&#8221;) and you, dated December 7, 2010 (the &#8220;Employment Agreement&#8221;).
The terms outlined in this Agreement supersede and replaces specific terms
outlined in the Expatriate Agreement dated July 1, 2013.</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:9.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><b><u><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">Assignment:</font></u></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">Your assignment will begin within two months of Closing and is
expected to run through the end of four years from the beginning of your
assignment. The Company at its sole discretion may reduce the length of the
assignment to less than the duration listed above. At the end of the
assignment, you will be repatriated to the Quaker Europe region where every
effort will be made to return you an equivalent </font></font><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">level
executive position, </font></font><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">or if a position is not available in Quaker Europe every effort
will be made to find you </font></font><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">a comparable position </font></font><font face="Franklin Gothic Book,sans-serif" style="border:none;"><font face="Franklin Gothic Book,sans-serif" lang=EN-US style="font-size:11.0pt;">in another of
Quaker&#8217;s regions. However, you will not be required to take a position outside
of the Quaker Europe region unless mutually agreeable.</font></font></p>

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