Related Party

6 Months Ended

Jun. 30, 2019

Rack Holdings had a monitoring fee agreement, with Rhone Capital IV L.P., a related party, which required Rack Holdings to pay 1% of projected annual earnings before interest, taxes and depreciation and amortization in advance of each semi-annual period, adjusted retroactively up or down, plus reimbursement of other expenses. As of June 3, 2019, upon the Closing of the Ranpak Business Combination and change in control, this monitoring fee was eliminated. Monitoring fee and reimbursement expenses are included in selling, general and administrative expense in the Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss for all predecessor periods presented, and were as follows:



	Successor		Predecessor
	June 3, 2019 through June 30, 2019		April 1, 2019 through June 2, 2019		January 1, 2019 through June 2, 2019		Three Months Ended June 30, 2018		Six Months Ended June 30, 2018
Monitoring fee	$	—	$	0.2	$	0.6	$	0.4	$	0.8