0001193125-21-282992 Sample Contracts

AGREEMENT AND PLAN OF MERGER dated as of September 27, 2021 among KRATON CORPORATION, DL CHEMICAL CO., LTD., DLC US HOLDINGS, INC. and DLC US, INC.
Agreement and Plan of Merger • September 27th, 2021 • Kraton Corp • Plastic materials, synth resins & nonvulcan elastomers • Delaware

This AGREEMENT AND PLAN OF MERGER (this “Agreement”), is entered into as of September 27, 2021, by and among Kraton Corporation, a Delaware corporation (the “Company”), DL Chemical Co., Ltd., a company organized under the laws of the Republic of Korea (“Parent”), DLC US Holdings, Inc., a Delaware corporation and a wholly owned Subsidiary of Parent (“Intermediate Merger Subsidiary”), and DLC US, Inc., a Delaware corporation and a wholly owned Subsidiary of Intermediate Merger Subsidiary (“Merger Subsidiary”).

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FORM OF EXECUTIVE SEVERANCE AGREEMENT UNDER THE KRATON CORPORATION EXECUTIVE SEVERANCE PROGRAM
Executive Severance Agreement • September 27th, 2021 • Kraton Corp • Plastic materials, synth resins & nonvulcan elastomers • Texas

This Severance Agreement with respect to participation under the Kraton Corporation Executive Severance Program (this “Agreement”) is made this September , 2021 by and between Kraton Corporation (the “Company”) and (“Executive”). All capitalized terms not otherwise defined herein will have the meanings ascribed to them in the Kraton Corporation Executive Severance Program (the “Severance Program”).

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