JPS Industries, Inc. Greenville, South Carolina 29607 August 5, 2003JPS Industries Inc • January 30th, 2004 • Broadwoven fabric mills, cotton
We are writing with respect to that certain letter agreement between you and JPS Industries f/k/a JPS Textile Group, Inc. (the “Company”), dated as of February 28, 1999, as amended by that certain letter agreement between you and the Company, dated as of July 31, 2001 (collectively, the “Agreement”), pertaining to your employment by the Company. In accordance with our recent discussions, this letter/agreement amends the terms of your Agreement as follows (bolded text indicates modifications to existing Agreement):
January 27, 2004 Mr. Charles R. Tutterow Executive Vice President JPS Industries, Inc.JPS Industries Inc • January 30th, 2004 • Broadwoven fabric mills, cotton
RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • January 30th, 2004 • JPS Industries Inc • Broadwoven fabric mills, cotton • Delaware
This Restricted Stock Award Agreement (the “Award Agreement”) is made and entered into as of August 5, 2003, between JPS Industries, Inc., a Delaware corporation (the “Company”), and Michael L. Fulbright (“Employee”). Capitalized terms not defined herein shall have the meanings ascribed thereto in that certain letter agreement between Employee and the Company, dated February 28, 1999, as amended by letter agreement on July 31, 2001 and further amended by letter agreement on August 5, 2003 (the “Employment Agreement”).
