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Exhibit 10.13
 Sixth Amended and Restated
Management Incentive Compensation Plan for the Executive Group
 ARTICLE I
    
    NAME
  ARTICLE II
    
    STATEMENT OF PURPOSE
  ARTICLE III
    
    DEFINITIONS
 Plan Year
 Effective Date
 Committee
 Cause




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Change of Control
 (i)
    
    The acquisition (whether by tender offer, exchange offer or other business
combinations or by the purchase of shares or other securities, and whether in a single
transaction or multiple transactions), by any Person or group (within the meaning of
Section 13(d)(3) or 14(d)(2) of the Exchange Act) of beneficial ownership (within the
meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or more of either the
then outstanding shares of common stock of the Company (the Outstanding Company
Common Stock) or the combined voting power of the then outstanding voting securities
of the Company entitled to vote generally in the election of directors (the Company
Voting Securities), provided, however, that any acquisition by the Company or its
subsidiaries, or any employee benefit plan (or related trust) of the Company or its
subsidiaries, or any corporation with respect to which, following such acquisition,
more than 50% of, respectively, the then outstanding shares of common stock of such
corporation and the combined voting power of the then outstanding voting securities of
such corporation entitled to vote generally in the election of directors is then
beneficially owned, directly or indirectly, by all or substantially all of the
individuals and entities who were the beneficial owners, respectively, of the
Outstanding Company Common Stock and Company Voting Securities immediately prior to
such acquisition in substantially the same proportion as their ownership, immediately
prior to such acquisition, of the Outstanding Company Common Stock and Company Voting
Securities, as the case may be, shall not constitute a Change of Control and provided
further, however, that for the purposes of this Agreement the Convertible Preferred
Stock shall be considered Company Voting Securities based on the equivalent number of
common shares that could be voted at that time; or




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Company
 3.7
    
    Additional Definitions, specifically related to the computation of the EBITA Return are in
Exhibit C.
 ARTICLE IV
    
    PLAN ADMINISTRATION




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ARTICLE V
    
    PARTICIPATION
  ARTICLE VI
    
    DESCRIPTION OF PLAN OPERATION
    ARTICLE VII
    
    CHANGE IN STATUS DURING THE PLAN YEAR
 Disability




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ARTICLE VIII
    
    GENERAL PROVISIONS




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8.11
    
    Not Part of Other Benefits. The benefits provided in this Plan shall not be deemed a part of
any other benefit provided by the Company to its employees. The Company
assumes no obligation to Plan participants except as specified herein. This is a complete
statement of the terms and conditions of the Plan.




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EBITDA
    
    PayoutReturn
    
    Percentage11% or less
    
    
    0
    %11.7%
    
    
    5
    %13.5%
    
    
    8
    %14.6%
    
    
    15
    %15.8%
    
    
    40
    %17.0%
    
    
    100
    %18.1%
    
    
    140
    %19.3%
    
    
    175
    %20.5%
    
    
    200
    %21.7%
    
    
    225
    %22.8%
    
    
    245
    %




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Performance Goals
 2007Goal
    
    WeightingSafety Targets based on OSHA ratings
    
    
    15.0
    %Sales Volume Targets for PET resin
    
    
    7.5
    %Sales Volume Targets for polyester staple fiber
    
    
    7.5
    %Operational and SG&A spending (non-plant)
    
    
    15.0
    %Direct Plant Cash Spending  Fibers
    
    
    7.5
    %Direct Plant Cash Spending  Resins
    
    
    7.5
    %Customer Satisfaction
    
    
    15.0
    %Debt Reduction
    
    
    25.0
    %
 2008Goal
    
    WeightingSafety Targets based on OSHA ratings
    
    
    15.0
    %Operational and SG&A spending (non-plant)
    
    
    15.0
    %Direct Plant Spending
    
    
    15.0
    %Customer Satisfaction
    
    
    15.0
    %Raw Material Margin dollars
    
    
    25.0
    %Cash Flow  DSO
    
    
    5.0
    %Cash Flow  DSI
    
    
    5.0
    %




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Definitions
 Accounts Payable
 Accrued Liabilities
 Adjusted EBITDA
 Average Net Assets st
 Bonus Plan
 Cash
 CIP
 Current Assets
 D&A
 EBITDA Return
 Environmental Reserves
 Executive Officers
 Gross Profit
 Idle Assets




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Incentive Compensation
 Long Term Receivables
 MIP
 Net Assets
 Net PP&E
 Prepaid Raw Material Contract
 Profit Sharing Plan
 Public Filings
 SG&A Expense




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Exhibit D
 Targeted Award Percentages of Named Executive Officers
 Chief Executive Officer
    
    
    65
    %Chief Financial Officer, Chief Accounting Officer, Vice President of
Manufacturing, Vice President of Operations, Vice President of Sales, and
Vice President of Strategic Planning and Raw Material Procurement.
    
    
    50
    %
 Allocation of Targeted Awards
 2007
    
    2008EBITDA Return
    
    
    75
    %
    
    
    50
    %Performance Objectives
    
    
    25
    %
    
    
    50
    %