EX-10.1.5






EXHIBIT 10.1.5




NINTH AMENDMENT TO THE AMENDED AND RESTATED

KAYDON CORPORATION

EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN




     AMENDMENT to the above Plan made by the duly authorized officers of the Company effective
January 1, 2007.




	 	1.	 	Recitation. The Employer has determined that an amendment to the Plan
is desirable to add Spirolox, Inc. as an adopting Employer under the Plan.
	 
	 	2.	 	Amendment. The Plan is amended at Section 1.1(d) and the List of
Participating Employers to add Spirolox, Inc. as an adopting Employer under the Plan.
	 
	 	3.	 	Substitution. The Amendment is incorporated in revised plan pages
which are attached to this Amendment. The pages have been substituted for their
respective counterparts in the Plan as amended. The pages deleted shall be preserved,
attached to the Amendment and marked in the upper right hand corner to indicated that
they were AMENDED by this Amendment.





	 	 	 	 	 
	 	KAYDON CORPORATION

 	 
	 	By  	/s/ James O’Leary
 	 
	 	 	James O’Leary 	 
	 	 	Its President and Chief Executive Officer 	 
	 
	 	And 

 	 
	 	/s/ John F. Brocci
 	 
	 	John F. Brocci 	 
	 	Its Secretary 	 



 









 






KSOP 1.07

KAYDON CORPORATION

EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN





     On this 19th day of February, 2002, Kaydon Corporation and the Affiliated Employers approved
by the Board of Directors of Kaydon Corporation as Participating Employers identified in the
Appendix of Participating Employers (the Employer), amend and restate the Kaydon Corporation
Employee Stock Ownership and Thrift Plan (the Plan).



ARTICLE I
Establishment




     1.1 Effective Date. This amendment and restatement is generally effective on the
first day of the 1997 Plan Year, January 1, 1997. Whether or not explicitly stated, certain
provisions are effective on other dates as required by GUST.



     (a) Special Effective Dates. Certain provisions are effective as specified in
Appendix A.



     (b) Original Effective Date. The Plan was originally effective January 1, 1983.



     (c) Ring & Seal. The Plan was adopted by Kaydon Ring & Seal, Inc. effective January
1, 1987.



     (d) Spirolox. The Plan was adopted by the Spirolox Division of Kaydon Corporation
effective January 1, 1988 and by Spirolox, Inc. effective January 1, 2007.



     (e) Cooper Bearing. The Plan was adopted by The Cooper Split Roller Bearing Corp.
effective July 1, 1992.



     (f) ITI. The Plan was adopted by Industrial Tectonics Inc effective April 1, 1994.



     (g) Custom Filtration. The Plan was adopted by Kaydon Custom Filtration Corporation
effective March 23, 2001.



     1.2 Qualification Intent. The Plan is intended to qualify as a 401(k) profit sharing
and stock bonus plan and, with respect to certain of the accounts, as a PAYSOP or TRASOP under
Sections 401(a), 401(k), 409 and 501(a) of the Internal Revenue Code of 1986, as amended (the
Code), and as an employee pension benefit plan under the Employee Retirement Income Security Act of
1974, as amended (ERISA).



-1-









 




KSOP 1.07




	 	 	 	 	 
	KAYDON CUSTOM FILTRATION CORPORATION

 	 
	By  	/s/ John F. Brocci
 	 
	 	John F. Brocci 	 
	 	Its Secretary 	 
	 
	 
	SPIROLOX, INC.

 	 
	By  	/s/ John F. Brocci
 	 
	 	John F. Brocci 	 
	 	Its Secretary 	 



 









 





KSOP 1.07

APPENDIX OF PARTICIPATING EMPLOYERS




Kaydon Ring & Seal, Inc.




The Cooper Split Roller Bearing Corp.




Industrial Tectonics Inc




Canfield Technologies, Inc.




Tridan International, Inc.




Indiana Precision, Inc.




Kaydon Custom Filtration Corporation




Spirolox, Inc.




 









 




KSOP 1.07

REPLACED BY AMENDMENT NINE

EFFECTIVE JANUARY 1, 2007




KAYDON CORPORATION

EMPLOYEE STOCK OWNERSHIP AND THRIFT PLAN





     On this 19th day of February, 2002, Kaydon Corporation and the Affiliated Employers approved
by the Board of Directors of Kaydon Corporation as Participating Employers identified in the
Appendix of Participating Employers (the Employer), amend and restate the Kaydon Corporation
Employee Stock Ownership and Thrift Plan (the Plan).



ARTICLE I
Establishment




     1.1 Effective Date. This amendment and restatement is generally effective on the
first day of the 1997 Plan Year, January 1, 1997. Whether or not explicitly stated, certain
provisions are effective on other dates as required by GUST.



     (a) Special Effective Dates. Certain provisions are effective as specified in
Appendix A.



     (b) Original Effective Date. The Plan was originally effective January 1, 1983.



     (c) Ring & Seal. The Plan was adopted by Kaydon Ring & Seal, Inc. effective January
1, 1987.



     (d) Spirolox. The Plan was adopted by the Spirolox Division of Kaydon Corporation
effective January 1, 1988.



     (e) Cooper Bearing. The Plan was adopted by The Cooper Split Roller Bearing Corp.
effective July 1, 1992.



     (f) ITI. The Plan was adopted by Industrial Tectonics Inc effective April 1, 1994.



 









 




KSOP 1.07

     (g) Custom Filtration. The Plan was adopted by Kaydon Custom Filtration Corporation
effective March 23, 2001.



     1.2 Qualification Intent. The Plan is intended to qualify as a 401(k) profit sharing
and stock bonus plan and, with respect to certain of the accounts, as a PAYSOP or TRASOP under
Sections 401(a), 401(k), 409 and 501(a) of the Internal Revenue Code of 1986, as amended (the
Code), and as an employee pension benefit plan under the Employee Retirement Income Security Act of
1974, as amended (ERISA).






	 	 	 	 	 
	KAYDON CUSTOM FILTRATION CORPORATION

 	 
	By  	                         /s/ John F. Brocci
 	 
	 	John F. Brocci 	 
	 	Its Secretary