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NEENAH PAPER EXECUTIVE SEVERANCE PLAN
TABLE OF CONTENTS
NEENAH PAPER EXECUTIVE SEVERANCE PLAN
ARTICLE I ESTABLISHMENT AND PURPOSE OF THE PLAN
ARTICLE II DEFINITIONS
ARTICLE III PARTICIPATION
ARTICLE IV TERMINATION OF EMPLOYMENT OF PARTICIPANTS
ARTICLE V PAYMENTS UPON QUALIFIED TERMINATION OF EMPLOYMENT
ARTICLE VI CERTAIN REDUCTION OF PAYMENTS BY THE COMPANY
ARTICLE VII CERTAIN ADDITIONAL PAYMENTS BY THE COMPANY
ARTICLE VIII RELEASE AND RESTRICTIVE COVENANTS
ARTICLE IX OTHER TERMS AND CONDITIONS
ARTICLE X NONASSIGNABILITY
ARTICLE XI UNFUNDED PLAN
ARTICLE XII MITIGATION AND SETTLEMENT OF CLAIMS
ARTICLE XIII TERMINATION AND AMENDMENT OF THIS PLAN
ARTICLE XIV SUCCESSORS
ARTICLE XV ERISA RIGHTS
ARTICLE XVI MISCELLANEOUS
EXHIBIT "A" NEENAH PAPER EXECUTIVE SEVERANCE PLAN
EXHIBIT "B" FORM OF PARTICIPATION AGREEMENT