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Effective August 10, 2006

Polypore Administrative Policy—Severance

Purpose

In the event of the termination of employment of a Polypore salaried employee
for reason other than Cause, the employee may be eligible for severance payment.

Eligibility

Salaried exempt employees with more than one year of service, who are terminated
for reason other than Cause. Examples include job elimination, workforce
reduction, or inability to satisfactorily perform the duties assigned.
Eligibility will be determined by the Senior Vice President of Human Resources
in consultation with the Senior Leadership Team member responsible for the
employee.

The following guidelines will be used to determine the number of weeks of
severance provided to the terminated employee.

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  AGE PLUS SERVICE

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  < 30

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  30-39

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  40-49

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  50+

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Professional Level   4 wks   6 wks   8 wks   12 wks Managerial Level   8   10  
12   16 Director Level   12   14   16   20 VP Level   14   18   22   26 SLT
Level   26   39   52   52

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The severance payment will be equal to the employee's annual base pay divided by
52 times the number of weeks indicated on the above matrix. The Company reserves
the right to determine if the payments will be made in a lump sum or salary
continuation.

In addition to the severance payment, the employee will be eligible to continue
in the Polypore Medical Plan under COBRA at their current employee contribution
rate for the same number of weeks. After the expiration of the number of weeks
of severance, the terminated employee may continue medical coverage at the
normal COBRA rates.

Non-exempt employees may be eligible for 4 weeks of severance under this policy.

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Polypore Administrative Policy—Severance