Polypore, Inc. Sample Contracts

THIRD AMENDMENT
Polypore, Inc. • March 31st, 2006 • Miscellaneous manufacturing industries • New York

THIRD AMENDMENT, dated as of December 13, 2005 (this “Amendment”), to the Credit Agreement, dated as of May 13, 2004 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among PP HOLDING CORPORATION, a Delaware corporation (“Holdings”), POLYPORE, INC. (f/k/a PP Acquisition Corporation), a Delaware corporation (the “Borrower”), the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), GENERAL ELECTRIC CAPITAL CORPORATION, LEHMAN COMMERCIAL PAPER INC. and UBS SECURITIES LLC, as co-documentation agents, BEAR STEARNS CORPORATE LENDING INC., as syndication agent, and JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”).

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Contract between Membrana GmbH, Öhder Straße 28, 42289 Wuppertal henceforth “company” and Dr. Stefan Geyler, Liefergasse 7, 40213 Düsseldorf
Polypore, Inc. • November 14th, 2006 • Miscellaneous manufacturing industries

The company terminated the employment relationship existing since 01.08.1990 and in the employment contract of 26.06.1998 with Dr. Geyler through correct observation of notice period on 26.06.2006, notice being duly served on the same day and effective as of 30.06.2007. After initiating an unfair dismissal protection suit now pending under file no. 6 Ca 2283/06 at the Wuppertal Industrial Tribunal and following comprehensive legal advice, Dr. Geyler has concluded that he cannot raise any objections to the termination of employment notice.

EMPLOYMENT AGREEMENT
Employment Agreement • November 15th, 2005 • Polypore, Inc. • Miscellaneous manufacturing industries • New York

EMPLOYMENT AGREEMENT (the “Agreement”) dated as of July 6, 2005 by and between Polypore International, Inc., headquartered in Charlotte, North Carolina (the “Company”) and Robert B. Toth (the “Executive”), and as acknowledged by PP Holding, LLC (the “LLC”).

CREDIT AGREEMENT
Credit Agreement • July 10th, 2007 • Polypore, Inc. • Miscellaneous manufacturing industries • New York

CREDIT AGREEMENT (this “Agreement”), dated as of May 13, 2004, as amended and restated as of July 3, 2007, among PP HOLDING CORPORATION, a Delaware corporation (“Holdings”), POLYPORE, INC., a Delaware corporation (“Polypore”), DARAMIC HOLDING SAS, a French société par actions simplifiée (“Daramic Holding”), the several banks and other financial institutions or entities from time to time parties to this Agreement (the “Lenders”), GENERAL ELECTRIC CAPITAL CORPORATION and BEAR, STEARNS & CO. INC., as co-documentation agents (in such capacity, the “Co-Documentation Agents”), CREDIT SUISSE SECURITIES (USA) LLC, as syndication agent (in such capacity, the “Syndication Agent”), and JPMORGAN CHASE BANK, N.A., as administrative agent.

OPTION AGREEMENT
Option Agreement • August 15th, 2006 • Polypore, Inc. • Miscellaneous manufacturing industries • Delaware

Polypore International, Inc., a Delaware corporation (the “Company”), pursuant to its 2006 Stock Option Plan (the “Plan”), hereby grants to the Holder Annual Performance Vested Options and Cumulative Performance Vested Options to purchase the number of shares of Stock set forth below. The Annual Performance Vested Options and Cumulative Performance Vested Options (collectively, the “Performance Vested Options”), as well as any Prior Options (the Prior Options and the Performance Vested Options are sometimes collectively referred to hereafter as the “Options”) are subject to all of the terms and conditions set forth in this option agreement (this “Option Agreement”) as well as all of the terms and conditions of the Plan, all of which are incorporated herein in their entirety. Capitalized terms not otherwise defined herein shall have the same meaning as set forth in the Plan.

Contract of Employment Dear Dr. Sauer, On the basis of our talks we have come to the following agreement:
Polypore, Inc. • August 15th, 2006 • Miscellaneous manufacturing industries
EMPLOYMENT AGREEMENT
Employment Agreement • November 15th, 2005 • Polypore, Inc. • Miscellaneous manufacturing industries • New York

This EMPLOYMENT AGREEMENT is made and entered into as of this 15th day of August , 2005, by and between Polypore International, Inc., a Delaware corporation (the “Company”), and Frank Nasisi (the “Executive”).

SECOND AMENDMENT
Polypore, Inc. • August 16th, 2005 • Miscellaneous manufacturing industries • New York

SECOND AMENDMENT, dated as of June 15, 2005 (this “Amendment”), to the Credit Agreement, dated as of May 13, 2004 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among PP HOLDING CORPORATION, a Delaware corporation (“Holdings”), POLYPORE, INC. (f/k/a PP Acquisition Corporation), a Delaware corporation (the “Borrower”), the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), GENERAL ELECTRIC CAPITAL CORPORATION, LEHMAN COMMERCIAL PAPER INC. and UBS SECURITIES LLC, as co-documentation agents, BEAR STEARNS CORPORATE LENDING INC., as syndication agent, and JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”).

AGREEMENT AND RELEASE
Agreement and Release • August 15th, 2006 • Polypore, Inc. • Miscellaneous manufacturing industries • North Carolina

WHEREAS, Brad Reed (hereinafter referred to as “Employee”), worked for Celgard, LLC; and WHEREAS, Employee’s employment with Celgard, LLC has been terminated as of April 17, 2006;

FOURTH AMENDMENT
Polypore, Inc. • March 14th, 2007 • Miscellaneous manufacturing industries • New York

FOURTH AMENDMENT, dated as of March 9, 2007 (this "Amendment"), to the Credit Agreement, dated as of May 13, 2004 (as amended, supplemented or otherwise modified from time to time, the "Credit Agreement"), among PP HOLDING CORPORATION, a Delaware corporation ("Holdings"), POLYPORE, INC. (f/k/a PP Acquisition Corporation), a Delaware corporation (the "Borrower"), the several banks and other financial institutions or entities from time to time parties thereto (the "Lenders"), GENERAL ELECTRIC CAPITAL CORPORATION, LEHMAN COMMERCIAL PAPER INC. and UBS SECURITIES LLC, as co-documentation agents, BEAR STEARNS CORPORATE LENDING INC., as syndication agent, and JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the "Administrative Agent").

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