0001104659-04-007436 Sample Contracts

EMPLOYEE OPTION AGREEMENT under the Hexcel Corporation 2003 Incentive Stock Plan
Employee Option Agreement • March 15th, 2004 • Hexcel Corp /De/ • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware

WHEREAS, the Compensation Committee (the “Committee”) of the Board of Directors of the Company (the “Board”) has determined that it is desirable and in the best interest of the Company to grant to the Optionee a stock option as an incentive for the Optionee to advance the interests of the Company;

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RESTRICTED STOCK UNIT AGREEMENT under the Hexcel Corporation 2003 Incentive Stock Plan
Restricted Stock Unit Agreement • March 15th, 2004 • Hexcel Corp /De/ • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware

This Restricted Stock Unit Agreement (the “Agreement”), is entered into as of the Grant Date, by and between Hexcel Corporation, a Delaware corporation (the “Company”), and the Grantee.

RETAINER FEE RESTRICTED STOCK UNIT AGREEMENT for Non-Employee Directors
Retainer Fee Restricted Stock Unit Agreement • March 15th, 2004 • Hexcel Corp /De/ • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware

RETAINER FEE RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”), dated as of the Grant Date, by and between the Grantee and Hexcel Corporation (the “Corporation”).

CONSENT
Credit and Guaranty Agreement • March 15th, 2004 • Hexcel Corp /De/ • Abrasive, asbestos & misc nonmetallic mineral prods

This CONSENT, dated as of December 5, 2003 (this “Consent”), is made in connection with that certain Credit and Guaranty Agreement dated as of March 19, 2003 (the “Credit Agreement”), by and among (a) Hexcel Corporation (“Hexcel”), (b) Hexcel Composites Limited (the “U.K. Borrower”), (c) Hexcel Composites GmbH & Co. KG (f/k/a Hexcel Composites GMBH (Austria)) (the “Austrian Borrower”), (d) Hexcel Composites GMBH (Germany) (the “German Borrower”, and together with Hexcel, the U.K. Borrower and the Austrian Borrower, collectively, the “Borrowers”), (e) the Guarantors named therein, (f) the lenders from time to time a party thereto (the “Lenders”), (g) Fleet Capital Corporation, as Administrative Agent (in such capacity, the “Administrative Agent”) and as Fronting Bank, (h) Fleet National Bank, London U.K. branch, trading as FleetBoston Financial, as Fronting Bank and Issuing Bank, (i) Fleet National Bank, as Issuing Bank and (j) Fleet Securities, Inc., as Lead Arranger. Capitalized terms

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