0001213900-19-010238 Sample Contracts

RANPAK HOLDINGS CORP. 2019 OMNIBUS INCENTIVE PLAN RESTRICTED STOCK UNIT AWARD AGREEMENT
Omnibus Incentive Plan Restricted Stock Unit Award Agreement • June 6th, 2019 • Ranpak Holdings Corp. • Plastics foam products • Delaware

THIS AGREEMENT (the “Agreement”) is made and effective as of June 3, 2019 (the “Date of Grant”) by and between Ranpak Holdings Corp., a Delaware corporation (with any successor, the “Company”), and Trent Meyerhoefer (the “Participant”) pursuant to the Ranpak Holdings Corp. 2019 Equity Incentive Plan (as it may be amended from time to time, the “Plan”). Except as otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan.

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RANPAK HOLDINGS CORP. 2019 OMNIBUS INCENTIVE PLAN PERFORMANCE RESTRICTED STOCK UNIT AWARD AGREEMENT
Omnibus Incentive Plan Performance Restricted Stock Unit Award Agreement • June 6th, 2019 • Ranpak Holdings Corp. • Plastics foam products • Delaware

THIS AGREEMENT (the “Agreement”) is made and effective as of June 3, 2019 (the “Date of Grant”) by and between Ranpak Holdings Corp., a Delaware corporation (with any successor, the “Company”), and Trent Meyerhoefer (the “Participant”) pursuant to the Ranpak Holdings Corp. 2019 Equity Incentive Plan (as it may be amended from time to time, the “Plan”). Except as otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan.

FORM OF RANPAK HOLDINGS CORP. 2019 OMNIBUS INCENTIVE PLAN PERFORMANCE RESTRICTED STOCK UNIT AWARD AGREEMENT
Omnibus Incentive Plan Performance Restricted Stock Unit Award Agreement • June 6th, 2019 • Ranpak Holdings Corp. • Plastics foam products • Delaware

THIS AGREEMENT (the “Agreement”) is made and effective as of [ , 2019] (the “Date of Grant”) by and between Ranpak Holdings Corp., a Delaware corporation (with any successor, the “Company”), and (the “Participant”) pursuant to the Ranpak Holdings Corp. 2019 Equity Incentive Plan (as it may be amended from time to time, the “Plan”). Except as otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan.

Ranpak Holdings Corp.
Ranpak Holdings Corp. • June 6th, 2019 • Plastics foam products

It is my pleasure to present you with this offer letter (the “Offer Letter Agreement”) to become the Executive Vice Chairman of Ranpak Holdings Corp. (the “Company”), effective as of, and contingent on, the consummation of the business combination by and between Ranpak Holdings Corp. and One Madison Corporation (the “Closing”). In this role you will report to the Executive Chairman of the Board of Directors of the Company (the “Board”).

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