0001104659-06-073204 Sample Contracts

SEPARATION AGREEMENT AND GENERAL RELEASE
Separation Agreement and General Release • November 9th, 2006 • Polymer Group Inc • Broadwoven fabric mills, man made fiber & silk • North Carolina

This Separation Agreement and General Release (“Agreement”), effective as of November 7, 2006, is made and entered into by you, James Snyder, on behalf of yourself, your heirs, executors, administrators, successors and assigns (collectively referred to as “you”) and Polymer Group, Inc., on behalf of itself, its current and former divisions, subsidiaries, affiliates, related companies, predecessors, successors, assigns, and their officers, directors, employees, insurers, stockholders, and agents (collectively referred to as “PGI”).

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POLYMER GROUP, INC. SEVERANCE AGREEMENT
Severance Agreement • November 9th, 2006 • Polymer Group Inc • Broadwoven fabric mills, man made fiber & silk • North Carolina

THIS SEVERANCE AGREEMENT is entered into on October 31, 2006, between Polymer Group, Inc., a Delaware corporation (the “Company”), and James L. Schaeffer (“Executive”).

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