SHAREHOLDERS AGREEMENT BY AND AMONG POLYMER GROUP, INC., TESALCA-99, S.A., TEXNOVO, S.A. AND MATLINPATTERSON GLOBAL OPPORTUNITIES PARTNERS, L.P. Dated as of December 2, 2009Shareholder Agreement • December 4th, 2009 • Polymer Group Inc • Broadwoven fabric mills, man made fiber & silk • New York
THIS SHAREHOLDERS AGREEMENT (this “Agreement”) is made as of December 2, 2009 by and among Polymer Group, Inc., a Delaware corporation (the “Company”), Tesalca-99, S.A., a company duly incorporated and validly existing under the laws of Spain (“Tesalca”), Texnovo, S.A., a company duly incorporated and validly existing under the laws of Spain (“Texnovo” and, together with Tesalca, the “Sellers”), and MatlinPatterson Global Opportunities Partners L.P., a Delaware limited liability partnership (together with MatlinPatterson Global Opportunities Partners (Bermuda) L.P., MatlinPatterson Global Opportunities Partners B, L.P., MatlinPatterson Global Advisers LLC, MatlinPatterson Global Partners LLC, MatlinPatterson Asset Management LLC and MatlinPatterson LLC, “MatlinPatterson”).
