0000950103-08-001544 Sample Contracts

TERMINATION AGREEMENT
Termination Agreement • June 5th, 2008 • Tekni Plex Inc • Gaskets, packg & sealg devices & rubber & plastics hose

TERMINATION AGREEMENT (this “Agreement”) is made as of the May 30, 2008, by and among Tekni-Plex, Inc. (the “Company”), certain holders of Preferred Stock and certain holders of Common Stock.

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TERMINATION AGREEMENT
Termination Agreement • June 5th, 2008 • Tekni Plex Inc • Gaskets, packg & sealg devices & rubber & plastics hose • New York

TERMINATION AGREEMENT (this “Termination Agreement”), dated as of May 30, 2008 by and between Tekni-Plex, Inc., a Delaware corporation (the “Employer”), having its principal offices at 201 Industrial Parkway, Somerville, NJ 08876, and F. Patrick Smith, an individual (the “Executive”), residing at 8601 Riviera Court, Tour 18, Flower Mound, TX 75022.

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