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                                                                EXHIBIT 10.43(d)

                                 FIRST AMENDMENT
                                       TO
                             SUPPLEMENTAL EXECUTIVE
                              RETIREMENT AGREEMENT

          AMENDMENT made this 30th day of July 2001, between Hexcel Corporation,
a Delaware corporation (the "Company"), and Stephen C. Forsyth (the
"Executive").

          WHEREAS, the Company and the Executive have entered into that certain
Supplemental Executive Retirement Agreement dated May 10, 2000 (the
"Agreement"), and

          WHEREAS, the Company and the Executive desire to amend the Agreement.

          NOW, THEREFORE, the parties mutually agree as follows:

          1. Section 2.2.2 of the Agreement shall be amended to read in its
entirety as follows:

          "Subject to Section 2.2.7, upon (i) termination by the Executive of
          his employment for Good Reason within two years following a Change in
          Control, (ii) termination of the Executive's employment by the Company
          other than for Cause within two years following a Change in Control or
          (iii) a termination of the Executive's employment described in Section
          4(e) of the Executive Severance Agreement (whether by the Company or
          the Executive), the Company will pay the Executive, no later than the
          next business day following the date of such termination, by wire
          transfer to the Executive's bank account, as designated by the
          Executive, an amount equal to the actuarial present value of a monthly
          benefit starting on the first of the month after his employment
          terminates, computed under Section 2.2.1 using a Vesting Percentage of
          100% and Continuous Service equal to the Executive's actual Continuous
          Service at the time his employment terminates plus 36 months, with
          such monthly benefit reduced by one quarter of one percent (1/4%) per
          payment for each full calendar month by which the first day of the
          month after his employment terminates precedes the Executive's
          attainment of age 65."

          2. Section 2.2.3 of the Agreement shall be amended to read in its
entirety as follows:

          "Subject to Section 2.2.7, and except as otherwise provided in Section
          2.2.2, upon termination of the Executive's employment at any time by
          the Company other than for Cause or by the Executive for Good Reason,
          the Company will pay the Executive, as soon as practicable following
          such date of termination, an amount equal to the actuarial present
          value of a monthly benefit starting on the first of the

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          month after his employment terminates, computed under Section 2.2.1
          using a Vesting Percentage of 100% and Continuous Service equal to the
          Executive's actual Continuous Service at the time his employment
          terminates plus 12 months, with such monthly benefit reduced by one
          quarter of one percent (1/4%) per payment for each full calendar month
          by which the first day of the month after his employment terminates
          precedes the Executive's attainment of age 65."

          3. The second sentence of Section 2.2.7 of the Agreement shall be
amended to read in its entirety as follows:

          "In lieu of the lump sum form of benefit prescribed in Sections 2.2.2.
          and 2.2.3, the Executive may elect to receive his benefit hereunder as
          a monthly benefit, computed under Section 2.2.1 and reduced by one
          quarter of one percent (1/4%) per payment for each full calendar month
          by which the benefit commencement date precedes the Executive's
          attainment of age 65, starting on the first of the month after his
          employment terminates and ending with the payment for the month in
          which his death occurs or, if later, after the payment of 120 such
          payments."

          4. This First Amendment shall be effective as of the date and year
first written above. Except as otherwise expressly amended by this First
Amendment, the Agreement shall remain in full force and effect.

                                        HEXCEL CORPORATION

                                        By: /s/  Ira J. Krakower
                                            -------------------------
                                             Name:  Ira J. Krakower
                                             Title: Senior Vice President

                                        /s/  Stephen C. Forsyth
                                        -----------------------------
                                        Stephen C. Forsyth

                                       2<Page>

                                                                EXHIBIT 10.44(c)

                                 FIRST AMENDMENT
                                       TO
                             SUPPLEMENTAL EXECUTIVE
                              RETIREMENT AGREEMENT

          AMENDMENT made this 30th day of July 2001, between Hexcel Corporation,
a Delaware corporation (the "Company"), and Ira J. Krakower (the "Executive").

          WHEREAS, the Company and the Executive have entered into that certain
Supplemental Executive Retirement Agreement dated May 10, 2000 (the
"Agreement"), and

          WHEREAS, the Company and the Executive desire to amend the Agreement.

          NOW, THEREFORE, the parties mutually agree as follows:

          1. Section 2.2.2 of the Agreement shall be amended to read in its
entirety as follows:

          "Subject to Section 2.2.7, upon (i) termination by the Executive of
          his employment for Good Reason within two years following a Change in
          Control, (ii) termination of the Executive's employment by the Company
          other than for Cause within two years following a Change in Control or
          (iii) a termination of the Executive's employment described in Section
          4(e) of the Executive Severance Agreement (whether by the Company or
          the Executive), the Company will pay the Executive, no later than the
          next business day following the date of such termination, by wire
          transfer to the Executive's bank account, as designated by the
          Executive, an amount equal to the actuarial present value of a monthly
          benefit starting on the first of the month after his employment
          terminates, computed under Section 2.2.1 using a Vesting Percentage of
          100% and Continuous Service equal to the Executive's actual Continuous
          Service at the time his employment terminates plus 36 months, with
          such monthly benefit reduced by one quarter of one percent (1/4%) per
          payment for each full calendar month by which the first day of the
          month after his employment terminates precedes the Executive's
          attainment of age 65."

          2. Section 2.2.3 of the Agreement shall be amended to read in its
entirety as follows:

          "Subject to Section 2.2.7, and except as otherwise provided in Section
          2.2.2, upon termination of the Executive's employment at any time by
          the Company other than for Cause or by the Executive for Good Reason,
          the Company will pay the Executive, as soon as practicable following
          such date of termination, an amount equal to the actuarial present
          value of a monthly benefit starting on the first of the

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          month after his employment terminates, computed under Section 2.2.1
          using a Vesting Percentage of 100% and Continuous Service equal to the
          Executive's actual Continuous Service at the time his employment
          terminates plus 12 months, with such monthly benefit reduced by one
          quarter of one percent (1/4%) per payment for each full calendar month
          by which the first day of the month after his employment terminates
          precedes the Executive's attainment of age 65."

          3. The second sentence of Section 2.2.7 of the Agreement shall be
amended to read in its entirety as follows:

          "In lieu of the lump sum form of benefit prescribed in Sections 2.2.2.
          and 2.2.3, the Executive may elect to receive his benefit hereunder as
          a monthly benefit, computed under Section 2.2.1 and reduced by one
          quarter of one percent (1/4%) per payment for each full calendar month
          by which the benefit commencement date precedes the Executive's
          attainment of age 65, starting on the first of the month after his
          employment terminates and ending with the payment for the month in
          which his death occurs or, if later, after the payment of 120 such
          payments."

          4. This First Amendment shall be effective as of the date and year
first written above. Except as otherwise expressly amended by this First
Amendment, the Agreement shall remain in full force and effect.

                                        HEXCEL CORPORATION

                                        By: /s/ Stephen C. Forsyth
                                            ---------------------------
                                            Name:  Stephen C. Forsyth
                                            Title:  Executive Vice President

                                            /s/  Ira J. Krakower
                                            ---------------------------
                                            Ira J. Krakower

                                       2<Page>

                                                                   EXHIBIT 10.56

                                  $100,000,000

                               HEXCEL CORPORATION

                    93/4% SENIOR SUBORDINATED NOTES DUE 2009

                               PURCHASE AGREEMENT

                                                                   June 15, 2001

CREDIT SUISSE FIRST BOSTON CORPORATION
DEUTSCHE BANC ALEX. BROWN INC.
GOLDMAN, SACHS & CO.
J.P. MORGAN SECURITIES INC.
c/o CREDIT SUISSE FIRST BOSTON CORPORATION
     Eleven Madison Avenue,
        New York, N.Y.  10010-3629

Dear Sirs:

     1. INTRODUCTORY. Hexcel Corporation, a Delaware corporation (the
"COMPANY"), proposes, subject to the terms and conditions stated herein, to
issue and sell to the several initial purchasers named in Schedule A hereto (the
"INITIAL PURCHASERS") $100,000,000 principal amount of its 9 3/4% Senior
Subordinated Notes Due 2009 (the "OFFERED SECURITIES"). The Offered Securities
will be issued as additional securities under an indenture dated as of January
21, 1999 (the "INDENTURE"), between the Company and The Bank of New York, as
trustee (the "TRUSTEE").

     The Offered Securities will be offered and sold to the Initial Purchasers
without being registered under the Securities Act of 1933 (the "SECURITIES
ACT"), in reliance upon an exemption therefrom. Prior to the Closing Date (as
defined herein), the Company will deliver to the Initial Purchasers a
Preliminary Offering Circular (as defined herein) setting forth the information
concerning the Company and the Offered Securities. Any references herein to the
Offering Circular (as defined herein) shall be deemed to include all amendments
and supplements thereto, unless otherwise noted, and all documents (the
"INCORPORATED DOCUMENTS") incorporated by reference therein and filed under the
Securities Exchange Act of 1934, as amended (the "EXCHANGE ACT"); and any
references herein to the terms "amend", "amendment" or "supplement" with respect
to the Offering Circular shall be deemed to refer to and include the filing of
any document under the Exchange Act subsequent to the date thereof and before
the Closing Date that is incorporated by reference therein. The Company hereby
confirms that it has authorized the use of the Incorporated Documents and the
Offering Document (as defined herein) in connection with the offering and resale
of the Offered Securities by the Initial Purchasers in accordance with Section 4
hereof.

     Holders of the Offered Securities (including the Initial Purchasers and
their direct and indirect transferees) will be entitled to the benefits of a
Registration Rights Agreement to be entered into, among the Company and the
Initial Purchasers (the "REGISTRATION RIGHTS AGREEMENT"), pursuant to which the
Company will agree to file with the Securities and Exchange Commission (the
"COMMISSION") (i) a registration statement under the Securities Act (the
"EXCHANGE OFFER REGISTRATION STATEMENT") registering an issue of senior
subordinated notes of the Company (the "EXCHANGE NOTES"), which are identical in
all material respects to the Offered Securities (except that the Exchange Notes
will not contain terms with respect to transfer restrictions and interest rate
increase) and (ii) under certain circumstances, a shelf registration statement
pursuant to Rule 415 under the Securities Act.

     Capitalized terms used but not defined herein shall have the meanings given
to such terms in the Offering Document.

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     The Company hereby agrees with the Initial Purchasers as follows:

     2. REPRESENTATIONS AND WARRANTIES OF THE COMPANY. The Company represents
and warrants to, and agrees with, the Initial Purchasers that:

          (a) A preliminary offering circular and an offering circular relating
     to the Offered Securities has been prepared by the Company. Such
     preliminary offering circular (the "PRELIMINARY OFFERING CIRCULAR") and
     offering circular (the "OFFERING CIRCULAR"), as both are supplemented as of
     the date of this Agreement, and any other document approved by the Company
     for use in connection with the contemplated resale of the Offered
     Securities, are hereinafter collectively referred to as the "OFFERING
     DOCUMENT". On the date of this Agreement, the Offering Document does not
     include any untrue statement of a material fact or omit to state any
     material fact necessary in order to make the statements therein, in the
     light of the circumstances under which they were made, not misleading. The
     preceding sentence does not apply to statements in or omissions from the
     Offering Document based upon written information furnished to the Company
     by any Initial Purchaser through Credit Suisse First Boston Corporation
     ("CSFBC") specifically for use therein, it being understood and agreed that
     the only such information is that described as such in Section 7(b) hereof.
     Except as disclosed in the Offering Document, on the date of this
     Agreement, the Incorporated Documents and all subsequent reports
     (collectively, the "EXCHANGE ACT REPORTS") which have been filed by the
     Company with the Commission or sent to stockholders pursuant to the
     Exchange Act when they were filed with the Commission, conformed in all
     material respects to the requirements of the Exchange Act and the rules and
     regulations of the Commission thereunder.

          (b) The Company has been duly incorporated and is a validly existing
     corporation in good standing under the laws of the State of Delaware, with
     power and authority (corporate and other) to own its properties and conduct
     its business as described in the Offering Document; and the Company is duly
     qualified to do business as a foreign corporation in good standing in all
     other jurisdictions in which its ownership or lease of property or the
     conduct of its business requires such qualification, except where the
     failure to be so qualified would not have a material adverse effect on the
     condition (financial or other), business, properties or results of
     operations of the Company and its Subsidiaries (as hereinafter defined),
     taken as a whole (a "MATERIAL ADVERSE EFFECT").

          (c) Each significant subsidiary of the Company within the meaning of
     Rule 1-02(w) of Regulation S-X under the Securities Act is listed in
     Schedule B hereto (each individually, a "SUBSIDIARY" and collectively, the
     "SUBSIDIARIES"). Each Subsidiary of the Company has been duly incorporated
     and is a validly existing corporation in good standing (where applicable)
     under the laws of the jurisdiction of its incorporation, with power and
     authority (corporate and other) to own its properties and conduct its
     business as described in the Offering Document; and each Subsidiary of the
     Company is duly qualified to do business as a foreign corporation in good
     standing (where applicable) in all other jurisdictions in which its
     ownership or lease of property or the conduct of its business requires such
     qualification, except where the failure to be so qualified would not have a
     Material Adverse Effect; all of the issued and outstanding capital stock of
     each Subsidiary of the Company has been duly authorized and validly issued
     and is fully paid and nonassessable; and, except as disclosed in the
     Offering Document, the capital stock of each Subsidiary is owned by the
     Company, directly or through Subsidiaries, and is owned free from material
     liens, encumbrances and defects except for liens and encumbrances created
     by or under the Senior Credit Facility (as defined in the Offering
     Document).

          (d) The Indenture has been duly authorized by the Company; the Offered
     Securities have been duly authorized by the Company; and when the Offered
     Securities are delivered and paid for pursuant to this Agreement and the
     Indenture on the Closing Date, the Indenture will have been duly executed
     and delivered (assuming due authorization, execution and delivery by the
     Trustee), such Offered Securities will have been duly executed,
     authenticated, issued and delivered (assuming authentication by the Trustee
     in accordance with the provisions of the Indenture) and will conform in all
     material respects to the description thereof contained in the Offering
     Document; and the Indenture and such Offered Securities will constitute
     valid and legally binding obligations of the Company (and the Offered
     Securities will be entitled to the benefits in the Indenture), enforceable
     in accordance with their terms, except to the extent that enforcement

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     thereof may be limited by (i) bankruptcy, insolvency, fraudulent transfer,
     reorganization, moratorium or other similar laws, now or hereafter in
     effect, relating to creditors' rights generally and (ii) general principles
     of equity (regardless of whether enforcement is considered in a proceeding
     in equity or at law).

          (e) Except as disclosed in the Offering Document, there are no
     contracts, agreements or understandings between the Company and any person
     that would give rise to a valid claim against the Company or any Initial
     Purchaser for a brokerage commission, finder's fee or other like payment in
     connection with the issuance and sale of Offered Securities.

          (f) No consent, approval, authorization, or order of, or filing with,
     any governmental agency or body or any court is required for the
     consummation of the transactions contemplated by this Agreement and the
     Registration Rights Agreement in connection with the issuance and sale of
     the Offered Securities by the Company except (i) those that have been
     obtained or made; (ii) for filings and qualifications contemplated by the
     Registration Rights Agreement; (iii) such as may be required under foreign
     or state securities or blue sky laws; or (iv) such Exchange Act Reports as
     may be required to be filed with the Commission after the Closing Date
     pursuant to the Company's periodic reporting requirements under Sections 13
     and 15(d) of the Exchange Act.

          (g) The Registration Rights Agreement has been duly authorized by the
     Company and will conform in all material respects to the description
     thereof in the Offering Document and, when the Registration Rights
     Agreement has been duly executed and delivered by the Initial Purchasers,
     will constitute a valid and binding obligation of the Company, enforceable
     against the Company in accordance with its terms, except to the extent that
     enforcement thereof may be limited by (i) bankruptcy, insolvency,
     fraudulent transfer, reorganization, moratorium or other similar laws, now
     or hereinafter in effect, relating to creditors' rights generally and (ii)
     general principles of equity (regardless of whether enforcement is
     considered in a proceeding in equity or at law).

          (h) This Agreement has been duly authorized, executed and delivered by
     the Company.

          (i) The execution, delivery and performance of the Indenture,
     Registration Rights Agreement and this Agreement, and the issuance and sale
     of the Offered Securities and compliance with the terms and provisions
     thereof will not result in a breach or violation of any of the terms and
     provisions of, or constitute a default under, (i) any statute, any rule,
     regulation or order of any governmental agency or body or any court,
     domestic or foreign, having jurisdiction over the Company or any Subsidiary
     of the Company or any of their properties, or (ii) any agreement (except
     for such provisions in the Senior Credit Facility (as defined in the
     Offering Document)) which shall be amended or consents obtained to avoid
     any default thereunder) or instrument to which the Company or any such
     Subsidiary is a party or by which the Company or any such Subsidiary is
     bound or to which any of the properties of the Company or any such
     Subsidiary is subject, or (iii) the charter or by-laws of the Company or
     any such Subsidiary except, in the case of clauses (i) and (ii) above, for
     breaches, violations and defaults that would not have a Material Adverse
     Effect or prevent or negate the effectiveness of the Indenture,
     Registration Rights Agreement or this Agreement; and the Company has full
     power and authority to authorize, issue and sell the Offered Securities as
     contemplated by this Agreement.

          (j) The Company and its Subsidiaries have good and marketable title to
     all real properties and all other properties and assets owned by them, in
     each case free from liens, encumbrances and defects that would materially
     affect the value thereof or materially interfere with the use made or to be
     made thereof by them except, in each case, (i) as disclosed in the Offering
     Document; (ii) such liens and encumbrances created by or under the Senior
     Credit Facility (as defined in the Offering Document); or (iii) such as do
     not have a Material Adverse Effect; and the Company and its Subsidiaries
     hold any leased real or personal property under valid and enforceable
     leases with such exceptions as are not material to the Company and its
     Subsidiaries taken as a whole and would not materially interfere with the
     use made or proposed to be made thereof by them except (i) as disclosed in
     the Offering Document; or (ii) such as do not have a Material Adverse
     Effect.

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          (k) The Company and its Subsidiaries possess adequate certificates,
     authorities or permits issued by appropriate governmental agencies or
     bodies necessary to conduct the business in the manner presently conducted
     by them, subject to such qualifications as may be set forth in the Offering
     Document or except where the failure to so possess would not, singularly or
     in the aggregate, have a Material Adverse Effect and have not received any
     notice of proceedings relating to the revocation or modification of any
     such certificate, authority or permit that, if determined adversely to the
     Company or any of its Subsidiaries, would have a Material Adverse Effect.

          (l) No labor dispute with the employees of the Company or any
     Subsidiary exists or, to the knowledge of the Company, is imminent that
     might have a Material Adverse Effect.

          (m) The Company and its Subsidiaries own, possess or can acquire on
     reasonable terms, adequate trademarks, trade names and other rights to
     inventions, know-how, patents, copyrights, confidential information and
     other intellectual property (collectively, "INTELLECTUAL PROPERTY RIGHTS")
     necessary to conduct the business now operated by them, or presently
     employed by them except where the failure to so own or possess would not,
     singularly or in the aggregate, have a Material Adverse Effect and have not
     received any notice of infringement of or conflict with asserted rights of
     others with respect to any intellectual property rights that, if determined
     adversely to the Company or any of its Subsidiaries, would individually or
     in the aggregate have a Material Adverse Effect.

          (n) Except as disclosed in the Offering Document, neither the Company
     nor any of its Subsidiaries is in violation of any statute, any rule,
     regulation, decision or order of any governmental agency or body or any
     court, domestic or foreign, relating to the use, disposal or release of
     hazardous or toxic substances or relating to the protection or restoration
     of the environment or human exposure to hazardous or toxic substances or
     wastes (collectively, "ENVIRONMENTAL LAWS"), owns or operates any real
     property contaminated with any substance that is subject to any
     environmental laws, is liable for any off-site disposal or contamination
     pursuant to any environmental laws, or, to the knowledge of the Company, is
     subject to any claim relating to any environmental laws, which violation,
     contamination, liability or claim would individually or in the aggregate
     have a Material Adverse Effect; and the Company is not aware of any pending
     investigation which might lead to such a claim.

          (o) Except as disclosed in the Offering Document, there are no pending
     actions, suits or proceedings against or affecting the Company or any of
     its Subsidiaries or, to the knowledge of the Company or its Subsidiaries,
     to which any of their respective properties are subject or that, if
     determined adversely to the Company or any of its Subsidiaries, would
     individually or in the aggregate have a Material Adverse Effect, or would
     materially and adversely affect the ability of the Company to perform its
     obligations under the Indenture or this Agreement, or which are otherwise
     material in the context of the sale of the Offered Securities; and no such
     actions, suits or proceedings are, to the Company's knowledge, threatened
     or contemplated.

          (p) The historical financial statements included in the Offering
     Document present fairly the financial position of the Company and its
     consolidated subsidiaries on the basis stated in the Offering Document as
     of the dates shown and their results of operations and cash flows for the
     periods shown, and such financial statements have been prepared in
     conformity with the generally accepted accounting principles in the United
     States applied on a consistent basis throughout the periods involved,
     except as disclosed therein; and the pro forma financial information, and
     the related notes thereto included in the Offering Document and the
     assumptions used in preparing such pro forma financial statements are a
     reasonable basis for presenting the significant effects directly
     attributable to the transactions or events described therein, the related
     pro forma adjustments give appropriate effect to those assumptions, and the
     pro forma columns therein reflect the proper application of those
     adjustments to the corresponding historical financial statement amounts.

          (q) Except as disclosed in the Offering Document, since the date of
     the latest audited financial statements included in the Offering Document
     there has been no material adverse change, nor any development or event
     involving a prospective material adverse change, in the condition
     (financial or other),

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     business, properties or results of operations of the Company and its
     Subsidiaries taken as a whole, and, except as disclosed in or contemplated
     by the Offering Document, there has been no dividend or distribution of any
     kind declared, paid or made by the Company on any class of its capital
     stock.

          (r) The Company is not an open-end investment company, unit investment
     trust or face-amount certificate company that is or is required to be
     registered under Section 8 of the United States Investment Company Act of
     1940 (the "INVESTMENT COMPANY ACT"); and the Company is not and, after
     giving effect to the offering and sale of the Offered Securities and the
     application of the proceeds thereof as described in the Offering Document,
     will not be an "investment company" required to be registered under the
     Investment Company Act.

          (s) No securities of the same class (within the meaning of Rule
     144A(d)(3) under the Securities Act) as the Offered Securities are listed
     on any national securities exchange registered under Section 6 of the
     Exchange Act or quoted in a U.S. automated inter-dealer quotation system.

          (t) Assuming the accuracy of the representations and warranties of the
     Initial Purchasers set forth in this Agreement and compliance by the
     Initial Purchasers with the provisions of this Agreement, it is not
     necessary in connection with the offer, sale and delivery of the Offered
     Securities to the Initial Purchasers and to each subsequent purchaser in
     the manner contemplated by this Agreement and the Offering Document to
     register the Offered Securities under the Securities Act or to qualify the
     Indenture under the United States Trust Indenture Act of 1939, as amended
     (the "TRUST INDENTURE ACT").

          (u) Neither the Company, nor any of its affiliates, nor any person
     acting on its or their behalf (i) has, within the six-month period prior to
     the date hereof, offered or sold in the United States or to any U.S. person
     (as such terms are defined in Regulation S under the Securities Act) the
     Offered Securities or any security of the same class or series as the
     Offered Securities or (ii) has offered or will offer or sell the Offered
     Securities (A) in the United States by means of any form of general
     solicitation or general advertising within the meaning of Rule 502(c) under
     the Securities Act or (B) with respect to any securities sold in reliance
     on Rule 903 of Regulation S, by means of any directed selling efforts
     within the meaning of Rule 902(c) of Regulation S. The Company has not
     entered and will not enter into any contractual arrangement with respect to
     the distribution of the Offered Securities except for this Agreement.

     3. PURCHASE, SALE AND DELIVERY OF OFFERED SECURITIES. On the basis of the
representations, warranties and agreements herein contained, but subject to the
terms and conditions herein set forth, the Company agrees to sell to the Initial
Purchasers, and the Initial Purchasers agree, severally and not jointly, to
purchase from the Company, at a purchase price of 96% of the principal amount
thereof plus accrued interest from June 29, 2001 to the Closing Date (as
hereinafter defined), the respective principal amounts of the Offered Securities
set forth opposite the names of the several Initial Purchasers in Schedule A
hereto.

     The Company will deliver against payment of the purchase price the Offered
Securities in the form of one or more permanent global Securities in definitive
form (the "GLOBAL SECURITIES") deposited with the Trustee as custodian for The
Depository Trust Company ("DTC") and registered in the name of Cede & Co., as
nominee for DTC. Interests in any permanent Global Securities will be held only
in book-entry form through DTC, except in the limited circumstances described in
the Offering Document. Payment for the Offered Securities shall be made by the
Initial Purchasers in Federal (same day) funds by wire transfer to an account of
the Company at a bank designated by the Company and acceptable to CSFBC or by
official Federal Reserve Bank check or checks drawn to the order of the Company
at the office of Cravath, Swaine & Moore at 9:00 A.M. (New York time), on June
29, 2001, or at such other time not later than seven full business days
thereafter as CSFBC and the Company determine, such time being herein referred
to as the "CLOSING DATE", against delivery to the Trustee as custodian for DTC
of the Global Securities representing all of the Offered Securities. The Global
Securities will be made available for checking at the office of Cravath, Swaine
& Moore at least 24 hours prior to the Closing Date.

     4. REPRESENTATIONS BY INITIAL PURCHASERS; RESALE BY INITIAL PURCHASERS. (a)
Each Initial Purchaser severally represents and warrants to the Company that it
is an "ACCREDITED INVESTOR" within the meaning of Regulation D under the
Securities Act.

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          (b) Each Initial Purchaser severally acknowledges that the Offered
     Securities have not been registered under the Securities Act and may not be
     offered or sold within the United States or to, or for the account or
     benefit of, U.S. persons except in accordance with Regulation S or pursuant
     to an exemption from the registration requirements of the Securities Act.
     Each Initial Purchaser severally represents and agrees that it has offered
     and sold the Offered Securities and will offer and sell the Offered
     Securities as part of its distribution, only in accordance with Rule 144A
     ("RULE 144A") or Rule 903 under the Securities Act. Accordingly, neither
     such Initial Purchaser nor its affiliates, nor any persons acting on its or
     their behalf, have engaged or will engage in any directed selling efforts
     with respect to the Offered Securities, and such Initial Purchaser, its
     affiliates and all persons acting on its or their behalf have complied and
     will comply with the offering restrictions requirement of Regulation S.
     Terms used in this subsection (b) have the meanings given to them by
     Regulation S.

          (c) Each Initial Purchaser severally agrees that it and each of its
     affiliates has not entered and will not enter into any contractual
     arrangement with respect to the distribution of the Offered Securities
     except for any such arrangements with the other Initial Purchaser or
     affiliates of the other Initial Purchaser or with the prior written consent
     of the Company.

          (d) Each Initial Purchaser severally agrees that it and each of its
     affiliates will not offer or sell the Offered Securities by means of any
     form of general solicitation or general advertising, within the meaning of
     Rule 502(c) under the Securities Act, including, but not limited to (i) any
     advertisement, article, notice or other communication published in any
     newspaper, magazine or similar media or broadcast over television or radio,
     or (ii) any seminar or meeting whose attendees have been invited by any
     general solicitation or general advertising. Each Initial Purchaser
     severally agrees, with respect to resales made in reliance on Rule 144A of
     any of the Offered Securities, to deliver either with the confirmation of
     such resale or otherwise prior to settlement of such resale a notice to the
     effect that the resale of such Offered Securities has been made in reliance
     upon the exemption from the registration requirements of the Securities Act
     provided by Rule 144A.

          (e) Each of the Initial Purchasers severally represents and agrees
     that (i) it has not offered or sold and prior to the date six months after
     the date of issue of the Offered Securities will not offer or sell any
     Offered Securities to persons in the United Kingdom except to persons whose
     ordinary activities involve them in acquiring, holding, managing or
     disposing of investments (as principal or agent) for the purposes of their
     businesses or otherwise in circumstances which have not resulted and will
     not result in an offer to the public in the United Kingdom within the
     meaning of the Public Offers of Securities Regulations 1995; (ii) it has
     complied and will comply with all applicable provisions of the Financial
     Services Act 1986 with respect to anything done by it in relation to the
     Offered Securities in, from or otherwise involving the United Kingdom; and
     (iii) it has only issued or passed on and will only issue or pass on in the
     United Kingdom any document received by it in connection with the issue of
     the Offered Securities to a person who is of a kind described in Article
     11(3) of the Financial Services Act 1986 (Investment Advertisements)
     (Exemptions) Order 1996 or is a person to whom such document may otherwise
     lawfully be issued or passed on.

     5. CERTAIN AGREEMENTS OF THE COMPANY. The Company agrees with the several
Initial Purchasers that:

          (a) The Company will advise CSFBC promptly of any proposal to amend or
     supplement the Offering Document and will not effect such amendment or
     supplementation without CSFBC's consent, which consent shall not be
     unreasonably withheld or delayed. If, at any time prior to the completion
     of the resale of the Offered Securities by the Initial Purchasers any event
     occurs as a result of which the Offering Document as then amended or
     supplemented would include an untrue statement of a material fact or omit
     to state any material fact necessary in order to make the statements
     therein, in the light of the circumstances under which they were made, not
     misleading, or if it is necessary at any such time to amend or supplement
     the Offering Document to comply with any applicable law, the Company
     promptly will notify CSFBC of such event and promptly will prepare, at its
     own expense, an amendment or supplement which will correct such statement
     or omission or effect such compliance. Neither CSFBC's consent to, nor the
     Initial

                                       6
<Page>

     Purchasers' delivery to offerees or investors of, any such amendment or
     supplement shall constitute a waiver of any of the conditions set forth in
     Section 6 of this Agreement.

          (b) The Company will furnish to CSFBC copies of the Offering Document
     and all amendments and supplements to such documents, in each case as soon
     as available and in such quantities as CSFBC reasonably requests, and the
     Company will furnish to CSFBC on the date hereof three copies of the
     Offering Document signed by a duly authorized officer of the Company, one
     of which will include the independent accountants' reports therein manually
     signed by such independent accountants. At any time when the Company is not
     subject to Section 13 or 15(d) of the Exchange Act, the Company will
     promptly furnish or cause to be furnished to CSFBC (and, upon request, to
     each of the other Initial Purchasers) and, upon request of holders and
     prospective purchasers of the Offered Securities, to such holders and
     purchasers, copies of the information required to be delivered to holders
     and prospective purchasers of the Offered Securities pursuant to Rule
     144A(d)(4) under the Securities Act (or any successor provision thereto) in
     order to permit compliance with Rule 144A in connection with resales by
     such holders of the Offered Securities. The Company will pay the expenses
     of printing and distributing to the Initial Purchasers all such documents.

          (c) The Company will arrange with the cooperation of the Initial
     Purchasers for the qualification of the Offered Securities for sale and the
     determination of their eligibility for investment under the laws of such
     jurisdictions in the United States and Canada as CSFBC designates and will
     continue such qualifications in effect so long as required for the resale
     of the Offered Securities by the Initial Purchasers provided that the
     Company will not be required to qualify such Offered Securities if such
     qualification would require the Company to as a foreign corporation or to
     file a general consent to service of process or subject itself to taxation
     in any such state.

          (d) During the period of three years hereafter, the Company will
     furnish to CSFBC and, upon request, to each of the other Initial
     Purchasers, as soon as practicable after the end of each fiscal year, a
     copy of its annual report to stockholders for such year; and the Company
     will furnish to CSFBC and, upon request, to each of the other Initial
     Purchasers (i) as soon as available, a copy of each report and any
     definitive proxy statement of the Company filed with the Commission under
     the Exchange Act or mailed to stockholders, and (ii) from time to time,
     such other information concerning the Company as CSFBC may reasonably
     request.

          (e) During the period of two years after the Closing Date, the Company
     will, upon request, furnish to CSFBC, each of the other Initial Purchasers
     and any holder of Offered Securities a copy of the restrictions on transfer
     applicable to the Offered Securities.

          (f) During the period of two years after the Closing Date, the Company
     will not, and will not permit any of its affiliates (as defined in Rule 144
     under the Securities Act) to, resell any of the Offered Securities that
     have been reacquired by any of them.

          (g) During the period of two years after the Closing Date, the Company
     will not be or become, an open-end investment company, unit investment
     trust or face-amount certificate company that is or is required to be
     registered under Section 8 of the Investment Company Act.

          (h) The Company will pay all expenses incidental to the performance of
     its obligations under this Agreement, the Registration Rights Agreement and
     the Indenture, including (i) the fees and expenses of the Trustee and its
     professional advisers; (ii) all expenses in connection with the execution,
     issue, authentication, packaging and initial delivery of the Offered
     Securities and, as applicable, the Exchange Securities (as defined in the
     Registration Rights Agreement), the preparation and printing of this
     Agreement, the Securities, the Indenture, the Offering Document and
     amendments and supplements thereto, and any other document relating to the
     issuance, offer, sale and delivery of the Offered Securities and, as
     applicable, the Exchange Securities; (iii) the cost of qualifying the
     Offered Securities for trading in The Portal(SM) Market ("PORTAL") of The
     Nasdaq Stock Market, Inc. and any expenses incidental thereto, (iv) the
     cost of any advertising approved in writing by the Company in connection
     with the issue of the

                                       7
<Page>

     Offered Securities, (v) for any expenses (including reasonable fees and
     disbursements of counsel) incurred in connection with qualification of the
     Offered Securities or the Exchange Securities for sale under the laws of
     such jurisdictions as in writing by the Company CSFBC designates and the
     printing of memoranda relating thereto, (vi) for any fees charged by
     investment rating agencies for the rating of the Offered Securities or the
     Exchange Securities, and (vii) for expenses incurred in distributing the
     Offering Document (including any amendments and supplements thereto) to the
     Initial Purchasers. The Company will reimburse the Initial Purchasers for
     all reasonable travel expenses of the Initial Purchasers and the Company's
     officers and employees (to the extent incurred by the Initial Purchasers)
     and any other reasonable expenses of the Initial Purchasers and the Company
     (to the extent incurred by the Initial Purchasers) in connection with
     attending or hosting meetings with prospective purchasers of the Offered
     Securities.

          (i) In connection with the offering, until CSFBC shall have notified
     the Company and the other Initial Purchasers of the completion of the
     resale of the Offered Securities, neither the Company nor any of its
     affiliates has or will, either alone or with one or more other persons, bid
     for or purchase for any account in which it or any of its affiliates has a
     beneficial interest any Offered Securities or attempt to induce any person
     to purchase any Offered Securities; and neither it nor any of its
     affiliates will make bids or purchases for the purpose of creating actual,
     or apparent, active trading in, or of raising the price of, the Offered
     Securities.

          (j) For a period of 120 days after the date of the initial offering of
     the Offered Securities by the Initial Purchasers, the Company will not,
     without the prior written consent of CSFBC, which consent shall not be
     unreasonably withheld, offer, sell, contract to sell, pledge, or otherwise
     dispose of, directly or indirectly, any United States dollar-denominated
     debt securities issued or guaranteed by the Company and having a maturity
     of more than one year from the date of issue, except issuances of (i)
     Offered Securities pursuant to the conversion or exchange of convertible or
     exchangeable securities or the exercise of warrants or options, in each
     case outstanding on the date hereof, (ii) the Exchange Securities, (iii)
     any debt securities of another entity acquired by the Company or assured by
     the Company in connection with an acquisition of the assets of such entity,
     which debt securities were (a) existing prior to such acquisition; and (b)
     were not issued in connection with, or in contemplation of, such
     acquisition), (iv) grants of employee stock options pursuant to the terms
     of a plan in effect on the date hereof, issuances of Offered Securities
     pursuant to the exercise of such options or issuances of Offered Securities
     pursuant to the Company's dividend reinvestment plan. The Company will not
     at any time offer, sell, contract to sell, pledge or otherwise dispose of,
     directly or indirectly, any securities under circumstances where such
     offer, sale, pledge, contract or disposition would cause the exemption
     afforded by Section 4(2) of the Securities Act to cease to be applicable to
     the offer and sale of the Offered Securities.

     6. CONDITIONS OF THE OBLIGATION OF THE INITIAL PURCHASERS. The obligation
of the several Initial Purchasers to purchase and pay for the Offered Securities
will be subject to the accuracy of the representations and warranties on the
part of the Company herein, to the accuracy of the statements of officers of the
Company made pursuant to the provisions hereof, to the performance by the
Company of its obligations hereunder and to the following additional conditions
precedent:

          (a) The Initial Purchasers shall have received a letter, dated the
     date of this Agreement, of PricewaterhouseCoopers LLP confirming that they
     are independent public accountants within the meaning of the Securities Act
     and the applicable published rules and regulations thereunder ("RULES AND
     REGULATIONS") and to the effect that:

               (i) In their opinion the financial statements and schedules of
          the Company examined by them and included in the Offering Document
          comply as to form in all material respects with the applicable
          accounting requirements of the Securities Act and the related
          published Rules and Regulations;

               (ii) they have performed the procedures specified by the American
          Institute of Certified Public Accountants for a review of interim
          financial information as described in Statement of

                                       8
<Page>

          Auditing Standards No. 71, Interim Financial Information, on the
          unaudited financial statements of the Company included in the Offering
          Document;

               (iii) on the basis of the review referred to in clause (ii)
          above, a reading of the latest available interim financial statements
          of the Company, inquiries of officials of the Company who have
          responsibility for financial and accounting matters and other
          specified procedures, nothing came to their attention that caused them
          to believe that:

                    (A) the unaudited financial statements included in the
               Offering Document do not comply as to form in all material
               respects with the applicable accounting requirements of the
               Securities Act and the related published Rules and Regulations or
               any material modifications should be made to such unaudited
               financial statements for them to be in conformity with generally
               accepted accounting principles;

                    (B) at the date of the latest available balance sheet read
               by such accountants, or at a subsequent date, there was any
               change in the capital stock or any increase in short-term
               indebtedness or long-term debt of the Company and its
               consolidated Subsidiaries or, at the date of the latest available
               balance sheet read by such accountants, there was any decrease in
               consolidated (i) total current assets minus total current
               liabilities or (ii) total shareholders' equity (or deficit), as
               compared with amounts shown on the latest balance sheet included
               in the Offering Document; or

                    (C) for the period from the closing date of the latest
               statement of operations included in the Offering Document to the
               closing date of the latest available statement of operations read
               by such accountants there were any decreases, as compared with
               the corresponding period of the previous year, in consolidated
               net sales, in consolidated income (or loss) from continuing
               operations, in the total amounts of consolidated net income (or
               loss), except in all cases set forth in clauses (B) and (C) above
               for changes, increases or decreases which are described in such
               letter;

               (iv) they have compared specified dollar amounts (or percentages
          derived from such dollar amounts) and other financial information
          contained in the Offering Document, as agreed upon with the Initial
          Purchasers (in each case to the extent that such dollar amounts,
          percentages and other financial information are derived from the
          general accounting records of the Company and its subsidiaries subject
          to the internal controls of the Company's accounting system or are
          derived directly from such records by analysis or computation), with
          the results obtained from inquiries, a reading of such general
          accounting records and other procedures specified in such letter and
          have found such dollar amounts, percentages and other financial
          information to be in agreement with such results, except as otherwise
          specified in such letter; and

               (v) on the basis of a reading of the pro forma financial
          statements, carrying out certain specified procedures, reading of
          minutes, inquiries of certain officials of the Company who have
          responsibility for financial and accounting matters and proving the
          arithmetic accuracy of the application of the pro forma adjustments to
          the historical amounts in the pro forma financial statements, nothing
          came to their attention which caused them to believe that the pro
          forma financial statements do not comply as to form in all material
          respects with the applicable accounting requirements of Rule 11-02 of
          Regulation S-X under the Securities Act or that the pro forma
          adjustments have not been properly applied to the historical amounts
          in the compilation of such statements or on the pro forma basis
          described in the notes thereto.

          (b) Subsequent to the execution and delivery of this Agreement, there
     shall not have occurred (i) a change in U.S. or international financial,
     political or economic conditions or currency exchange rates or exchange
     controls as would, in the judgment of CSFBC, be likely to prejudice
     materially the success of the proposed issue, sale or distribution of the
     Offered Securities, whether in the primary market or in respect of dealings
     in the secondary market, or (ii) any change, or any development or event
     involving a prospective

                                       9
<Page>

     change, in the condition (financial or other), business, properties or
     results of operations of the Company or its Subsidiaries taken as a whole
     which, in the judgment of a majority in interest of the Initial Purchasers,
     including CSFBC, is material and adverse and makes it impractical or
     inadvisable to proceed with the completion of the offering or the sale of
     and payment for the Offered Securities; (iii) any downgrading in the rating
     of any debt securities of the Company by any "nationally recognized
     statistical rating organization" (as defined for purposes of Rule 436(g)
     under the Securities Act), or any public announcement that any such
     organization has under surveillance or review its rating of any debt
     securities of the Company (other than an announcement with positive
     implications of a possible upgrading, and no implication of a possible
     downgrading, of such rating); (iv) any suspension or limitation of trading
     in securities generally on the New York Stock Exchange or any setting of
     minimum prices for trading on such exchange, or any suspension of trading
     of any securities of the Company on any exchange or in the over-the-counter
     market; (v) any banking moratorium declared by U.S. Federal or New York
     authorities; or (vi) any outbreak or escalation of major hostilities in
     which the United States is involved, any declaration of war by Congress or
     any other substantial national or international calamity or emergency if,
     in the judgment of a majority in interest of the Initial Purchasers,
     including CSFBC, the effect of any such outbreak, escalation, declaration,
     calamity or emergency makes it impractical or inadvisable to proceed with
     the completion of the offering or sale of and payment for the Offered
     Securities.

          (c) The Initial Purchasers shall have received an opinion, dated the
     Closing Date, of Ira J. Krakower, Esq., General Counsel for the Company, to
     the effect that:

               (i) The Company has been duly incorporated and is validly
          existing and in good standing under the laws of the State of Delaware;

               (ii) The Company is duly qualified as a foreign corporation to
          transact business and is in good standing as a foreign corporation
          under the laws of each jurisdiction in which such qualification is
          required, whether by reason of the ownership or leasing of property or
          the conduct of business, except where the failure to so qualify or to
          be in good standing would not result in a Material Adverse Effect and
          except for jurisdictions not recognizing the legal concept of good
          standing;

               (iii) The Company has corporate power and authority to own, lease
          and operate its properties and to conduct its business as described in
          the Offering Circular;

               (iv) Clark-Schwebel Corporation, a Delaware corporation
          ("CLARK-SCHWEBEL") has been duly incorporated and is validly existing
          and in good standing under the laws of the State of Delaware;

               (v) Clark-Schwebel is duly qualified as a foreign corporation to
          transact business and is in good standing as a foreign corporation
          under the laws of each jurisdiction in which such qualification is
          required, whether by reason of the ownership or leasing of property or
          the conduct of business, except where the failure to so qualify or to
          be in good standing would not result in a Material Adverse Effect and
          except for jurisdictions not recognizing the legal concept of good
          standing;

               (vi) Clark-Schwebel has corporate power and authority to own,
          lease and operate its properties and to conduct its business as
          described in the Offering Circular;

               (vii) There is no action, suit or proceeding or, to the knowledge
          of such counsel, inquiry or investigation before or by any court or
          governmental agency or body, domestic or foreign, now pending or, to
          the knowledge of such counsel, threatened, against or affecting the
          Company or any of its subsidiaries, which would, individually or in
          the aggregate, have a Material Adverse Effect, or which might
          reasonably be expected to materially and adversely affect the
          properties or assets thereof or the transactions contemplated by this
          Agreement or the performance by the Company of its obligations
          thereunder or under the Securities or in connection with the
          transactions contemplated thereby;

                                       10
<Page>

               (viii) The execution and delivery by the Company of the Offered
          Securities and of each of the Transaction Documents, and the
          performance by the Company of its obligations thereunder, will not (a)
          to the best knowledge of such counsel, whether with or without the
          giving of notice or lapse of time or both, conflict with or constitute
          a breach of or a default under (except for Permitted Liens) or result
          in the creation or imposition of any lien, charge or encumbrance
          (except for Permitted Liens) upon any property or assets of the
          Company or Clark-Schwebel pursuant to any material contract,
          indenture, mortgage, deed of trust, loan or credit agreement, note,
          lease or any other material agreement or instrument to which the
          Company or Clark-Schwebel is a party or by which it or any of them may
          be bound, or to which any of the property or assets of the Company or
          Clark-Schwebel is subject (except for such conflicts, breaches or
          defaults, that would not have a Material Adverse Effect) and except
          that such counsel does not express any opinion with respect to the
          financial ratios or tests or any aspects of the financial condition or
          results of operations of the Company and Clark-Schwebel to the extent
          the determination of such conflict, breach or default requires
          quantitative determination; and

               (ix) Such counsel does not know of any legal or governmental
          proceeding required to be described in the Offering Circular which are
          not described as required or of any contracts or documents of a
          character required to be described in the Offering Document which are
          not described and filed as required.

          (d) The Initial Purchasers shall have received an opinion, dated the
     Closing Date, of Skadden, Arps, Slate, Meagher & Flom LLP, counsel for the
     Company to the effect, that:

               (i) The Company has the corporate power and corporate authority
          to own, lease and operate its properties and to conduct its business
          as described in the Offering Circular;

               (ii) The Company has the corporate power and corporate authority
          to execute, deliver and perform all its obligations under this
          Agreement, the Registration Rights Agreement, the Indenture and the
          Offered Securities;

               (iii) This Agreement has been duly authorized, executed and
          delivered by the Company;

               (iv) The Indenture has been duly authorized, executed and
          delivered by the Company and is a valid and binding agreement of the
          Company, enforceable against the Company in accordance with its terms,
          except to the extent that (a) enforcement thereof may be limited by
          (i) bankruptcy, insolvency, reorganization, moratorium, fraudulent
          conveyance or other similar laws now or hereafter in effect relating
          to creditors' rights generally and (ii) general principles of equity
          (regardless of whether enforceability is considered in a proceeding at
          law or in equity), and (b) the enforceability, under certain
          circumstances, of provisions imposing a payment obligation pending the
          ability of the Company to comply timely with its registration
          obligations may be limited by applicable law;

               (v) The Registration Rights Agreement has been duly authorized,
          executed and delivered by the Company and is a valid and binding
          agreement of the Company, enforceable against the Company in
          accordance with its terms, except to the extent that (a) enforcement
          thereof may be limited by (i) bankruptcy, insolvency, reorganization,
          moratorium, fraudulent conveyance or other similar laws now or
          hereafter in effect relating to creditor's rights generally and (ii)
          general principles of equity (regardless of whether enforcement is
          considered in a proceeding at law or in equity), (b) the
          enforceability, under certain circumstances, of provisions imposing a
          payment obligation pending the ability of the Company to comply timely
          with its registration obligations may be limited by applicable law,
          and (c) the enforceability of indemnification and contribution
          provisions may be limited by Federal and state securities laws or the
          public policies underlying such laws;

               (vi) The Offered Securities conform in all material respects to
          the description thereof contained in the Offering Circular. The
          issuance and sale of the Offered Securities have been duly authorized

                                       11
<Page>

          by the Company, and the Offered Securities, when executed and
          authenticated in accordance with the terms of the Indenture and
          delivered to and paid for by the Initial Purchasers in accordance with
          the terms of this Agreement, will be valid and binding obligations of
          the Company entitled to the benefits of the Indenture and enforceable
          against the Company in accordance with their terms, except to the
          extent that (a) enforcement thereof may be limited by (i) bankruptcy,
          insolvency, reorganization, moratorium, fraudulent conveyance or other
          similar laws now or hereafter in effect relating to creditors' rights
          generally and (ii) general principles of equity (regardless of whether
          enforceability is considered in a proceeding at law or in equity), and
          (b) the enforceability, under certain circumstances, of provisions
          imposing a payment obligation pending the ability of the Company to
          comply timely with its registration obligations may be limited by
          applicable law;

               (vii) The execution and delivery by the Company of the Offered
          Securities and each of the Transaction Documents to which it is a
          party, and the consummation by the Company of the transactions
          contemplated thereby, will not conflict with or result in any breach
          or violation of, or constitute a default under, (A)(i) the Restated
          Certificate of Incorporation or By-laws of the Company or (ii) the
          certificate of incorporation or by-laws of Clark-Schwebel or (B) any
          Applicable Law;

               (viii) No consent, approval, authorization, order, decree,
          registration or qualification of or filing with any court or
          governmental authority or agency is required under Applicable Laws for
          the valid authorization, issuance, sale and delivery of the Offered
          Securities by the Company or is required for the valid execution and
          delivery by the Company of the Transaction Documents and the
          consummation by the Company of the transactions contemplated thereby;

               (ix) Assuming (i) the accuracy of the representations and
          warranties of the Company set forth in Sections 2(s) and (u) of this
          Agreement and of the Initial Purchasers' representations and
          warranties set forth in Section 4 of this Agreement, (ii) the due
          performance by the Company of the covenants and agreements set forth
          in Sections 2(s) and (u) of this Agreement and the due performance by
          the Initial Purchasers of the covenants and agreements set forth in
          Section 4(b) and (c) of this Agreement, (iii) the Initial Purchasers'
          compliance with the offering and transfer procedures and restrictions
          described in the Offering Circular, (iv) the accuracy of the
          representations and warranties made in accordance with this Agreement
          and the Offering Circular by purchasers to whom the Initial Purchasers
          initially resell the Offered Securities and (v) that purchasers to
          whom the Initial Purchasers initially resell the Offered Securities
          receive a copy of the Offering Circular prior to or contemporaneously
          with such sale, the offer, sale and delivery of the Offered Securities
          to the Initial Purchasers in the manner contemplated by this Agreement
          and the Offering Circular, and the initial resale of the Offered
          Securities by the Initial Purchasers in the manner contemplated in the
          Offering Circular and this Agreement, do not require registration
          under the Securities Act and the Indenture does not require
          qualification under the Trust Indenture Act of 1939, as amended, it
          being understood that such counsel does not express any opinions to
          any subsequent resale of any Offered Security; and

               (x) The Company is not and, after giving effect to the issuance
          and sale of the Offered Securities and the application of the proceeds
          therefrom as described in the Offering Circular, will not be an
          "investment company" as such term is defined in the Investment Company
          Act of 1940, as amended.

          Such counsel shall also state that such counsel has participated in
     conferences with directors, officers and other representatives of the
     Company, representatives of the independent public accountants for the
     Company, representatives of the Initial Purchasers and representatives of
     counsel for the Initial Purchasers, at which conferences the contents of
     the Offering Document and related matters were discussed and, although such
     counsel is not passing upon and does not assume any responsibility for the
     accuracy, completeness or fairness of the statements contained in the
     Offering Document, and has made no independent check or verification
     thereof (except to the extent set forth in paragraph (iv) above with
     respect to the description of the Offered Securities) on the basis of the
     foregoing, no facts have come to such

                                       12
<Page>

     counsel's attention which have caused such counsel to believe that the
     Offering Document, as of its date and as of the Closing Date, contains an
     untrue statement of a material fact or omits to state a material fact
     necessary in order to make the statements therein, in light of the
     circumstances in which they were made, not misleading (it being understood
     that such counsel need express no view with respect to the financial
     statements and the notes related thereto).

     As used in Sections 6(c) and 6(d), the terms "TRANSACTION DOCUMENTS" shall
mean the Indenture, the Registration Rights Agreement and this Agreement and
"APPLICABLE LAWS" shall mean the laws of the State of New York, the Federal laws
of the United States and the General Corporation Law of the State of Delaware.

          (e) The Initial Purchasers shall have received from Cravath, Swaine &
     Moore, counsel for the Initial Purchasers, such opinion or opinions, dated
     the Closing Date, with respect to the incorporation of the Company, the
     validity of the Offered Securities offered on such Closing Date, the
     Offering Circular, the exemption from registration for the offer and sale
     of the Offered Securities by the Company to the several Initial Purchasers
     and the resales by the several Initial Purchasers as contemplated hereby
     and other related matters as CSFBC may require, and the Company shall have
     furnished to such counsel such documents as they request for the purpose of
     enabling them to pass upon such matters.

          (f) The Initial Purchasers shall have received a certificate, dated
     the Closing Date, of the President or any Vice President and a principal
     financial or accounting officer of the Company in which such officers, to
     the best of their knowledge after reasonable investigation, shall state
     that the representations and warranties of the Company in this Agreement
     are true and correct on and as of the Closing Date with the same effect as
     if made on the Closing Date; the Company has complied with all agreements
     and satisfied all conditions on its part to be performed or satisfied
     hereunder at or prior to such Closing Date; and, subsequent to the date of
     the most recent financial statements in the Offering Document, there has
     been no material adverse change, nor any development or event involving a
     prospective material adverse change, in the condition (financial or other),
     business, properties or results of operations of the Company and its
     Subsidiaries taken as a whole except as set forth in or contemplated by the
     Offering Document or as described in such certificate.

          (g) The Initial Purchasers shall have received a letter, dated the
     Closing Date, of PricewaterhouseCoopers LLP which meets the requirements of
     subsection (a) of this Section, except that the specified date referred to
     in such subsection will be a date not more than three days prior to the
     Closing Date for the purposes of this subsection.

          (h) The Senior Credit Facility shall have been amended and/or the
     Company shall have obtained the necessary consents from the parties thereto
     in order to avoid any default under the Senior Credit Facility in
     connection with the issuance and sale of the Offered Securities.

          (i) The Registration Rights Agreement shall have been duly authorized,
     executed and delivered by the Company.

     The Company shall furnish the Initial Purchasers with such conformed copies
of such opinions, certificates, letters and documents as the Initial Purchasers
reasonably request. Except for the condition set forth in subsection (h) of this
Section which may be waived by CSFBC only with the consent of the Company, CSFBC
may in its sole discretion waive compliance with any condition to the
obligations of the Initial Purchasers hereunder.

     7. INDEMNIFICATION AND CONTRIBUTION. (a) The Company will indemnify and
hold harmless each Initial Purchaser, its partners, directors and officers and
each person, if any, who controls such Initial Purchaser within the meaning of
Section 15 of the Securities Act, against any losses, claims, damages or
liabilities, joint or several, to which such Initial Purchaser may become
subject, under the Securities Act or the Exchange Act or otherwise, insofar as
such losses, claims, damages or liabilities (or actions in respect thereof)
arise out of or are based upon any untrue statement or alleged untrue statement
of any material fact contained in the Offering Document, or any amendment or
supplement thereto or arise out of or are based upon the omission or alleged
omission to state therein a material fact required to be stated therein or

                                       13
<Page>

necessary in order to make the statements therein, in light of the circumstances
under which they were made, not misleading, including any losses, claims,
damages or liabilities arising out of or based upon the Company's failure to
perform its obligations under Section 5(a) of this Agreement, and will reimburse
such Initial Purchaser for any legal or other expenses reasonably incurred by
such Initial Purchaser in connection with investigating or defending any such
loss, claim, damage, liability or action as such expenses are incurred;
PROVIDED, HOWEVER, that the Company will not be liable in any such case to the
extent that any such loss, claim, damage, liability or actions in respect
thereof arises out of or is based upon an untrue statement or alleged untrue
statement in or omission or alleged omission from any of such documents in
reliance upon and in conformity with written information furnished to the
Company by any Initial Purchaser through CSFBC specifically for use therein, it
being understood and agreed that the only such information consists of the
information described as such in subsection (b) below; PROVIDED FURTHER,
HOWEVER, that the foregoing indemnity with respect to the Preliminary Offering
Circular shall not inure to the benefit of the Initial Purchaser from whom the
person asserting any such losses, claims, damages, liabilities or actions in
respect thereof purchased Offered Securities to the extent that any such losses,
claims, damages, liabilities or actions in respect thereof of such Initial
Purchaser result from a fact that such Initial Purchaser sold Offered Securities
to a person in an initial resale to whom there was not sent or given, at or
prior to the written confirmation of the sale of such Offered Securities, a copy
of the Offering Circular (as amended or supplemented), if the Company had
previously furnished a copy of such amendments or supplements to such Initial
Purchaser prior to confirmation of the sale of such Offered Securities to such
person by such Initial Purchaser, and the losses, claims, damages, liabilities
or actions in respect thereof of such Initial Purchaser result from an untrue
statement or omission of a material fact contained in the Preliminary Offering
Circular, which was corrected in the Offering Circular.

          (b) Each Initial Purchaser will severally and not jointly indemnify
     and hold harmless the Company, its directors and officers and each person,
     if any, who controls the Company within the meaning of Section 15 of the
     Securities Act, against any losses, claims, damages or liabilities to which
     the Company may become subject, under the Securities Act or the Exchange
     Act or otherwise, insofar as such losses, claims, damages or liabilities
     (or actions in respect thereof) arise out of or are based upon any untrue
     statement or alleged untrue statement of any material fact contained in the
     Offering Document, or any amendment or supplement thereto, or arise out of
     or are based upon the omission or the alleged omission to state therein a
     material fact required to be stated therein or necessary in order to make
     the statements therein, in the light of the circumstances under which they
     were made, not misleading, in each case to the extent, but only to the
     extent, that such untrue statement or alleged untrue statement or omission
     or alleged omission was made in reliance upon and in conformity with
     written information furnished to the Company by such Initial Purchaser
     through CSFBC specifically for use therein, and will reimburse any legal or
     other expenses reasonably incurred by the Company in connection with
     investigating or defending any such loss, claim, damage, liability or
     action as such expenses are incurred, it being understood and agreed that
     the only such information furnished by any Initial Purchaser consists of
     the following information in the Offering Document: paragraphs three, six,
     nine and ten, and the third sentence of paragraph eight under the caption
     "Plan of Distribution"; PROVIDED, HOWEVER, that the Initial Purchasers
     shall not be liable for any losses, claims, damages or liabilities arising
     out of or based upon the Company's failure to perform its obligations under
     Section 5(a) of this Agreement.

          (c) Promptly after receipt by an indemnified party under this Section
     of notice of the commencement of any action, such indemnified party will,
     if a claim in respect thereof is to be made against the indemnifying party
     under subsection (a) or (b) above, notify the indemnifying party of the
     commencement thereof; but the omission so to notify the indemnifying party
     will not relieve it from any liability which it may have to any indemnified
     party otherwise than under subsection (a) or (b) above, except to the
     extent the indemnifying party is materially prejudiced by such failure. In
     case any such action is brought against any indemnified party and it
     notifies the indemnifying party of the commencement thereof, the
     indemnifying party will be entitled to participate therein and, to the
     extent that it may wish, jointly with any other indemnifying party
     similarly notified, to assume the defense thereof, with counsel
     satisfactory to such indemnified party (who shall not, except with the
     consent of the indemnified party, be counsel to the indemnifying party),
     and after notice from the indemnifying party to such indemnified party of
     its election so to assume the defense thereof, the indemnifying party will
     not be liable to such

                                       14
<Page>

     indemnified party under this Section for any legal or other expenses
     subsequently incurred by such indemnified party in connection with the
     defense thereof other than reasonable costs of investigation. In no event
     shall an indemnifying party be liable for fees and expenses of more than
     one counsel (in addition to any local counsel) separate from their own
     counsel for all indemnified parties in connection with any one action or
     separate but similar or related actions in the same jurisdiction arising
     out of the same general allegations or circumstances. No indemnifying party
     shall, without the prior written consent of the indemnified party, effect
     any settlement of any pending or threatened action in respect of which any
     indemnified party is or could have been a party and indemnity could have
     been sought hereunder by such indemnified party unless such settlement
     includes an unconditional release of such indemnified party from all
     liability on any claims that are the subject matter of such action.

          (d) If the indemnification provided for in this Section is unavailable
     or insufficient to hold harmless an indemnified party under subsection (a)
     or (b) above, then each indemnifying party shall contribute to the amount
     paid or payable by such indemnified party as a result of the losses,
     claims, damages or liabilities referred to in subsection (a) or (b) above
     (i) in such proportion as is appropriate to reflect the relative benefits
     received by the Company on the one hand and the Initial Purchasers on the
     other from the offering of the Offered Securities or (ii) if the allocation
     provided by clause (i) above is not permitted by applicable law, in such
     proportion as is appropriate to reflect not only the relative benefits
     referred to in clause (i) above but also the relative fault of the Company
     on the one hand and the Initial Purchaser on the other in connection with
     the statements or omissions which resulted in such losses, claims, damages
     or liabilities as well as any other relevant equitable considerations. The
     relative benefits received by the Company on the one hand and the Initial
     Purchasers on the other shall be deemed to be in the same proportion as the
     total net proceeds from the offering (before deducting expenses) received
     by the Company bear to the total discounts and commissions received by the
     Initial Purchasers from the Company under this Agreement. The relative
     fault shall be determined by reference to, among other things, whether the
     untrue or alleged untrue statement of a material fact or the omission or
     alleged omission to state a material fact relates to information supplied
     by the Company or the Initial Purchasers and the parties' relative intent,
     knowledge, access to information and opportunity to correct or prevent such
     untrue statement or omission. The amount paid by an indemnified party as a
     result of the losses, claims, damages or liabilities referred to in the
     first sentence of this subsection (d) shall be deemed to include any legal
     or other expenses reasonably incurred by such indemnified party in
     connection with investigating or defending any action or claim which is the
     subject of this subsection (d). Notwithstanding the provisions of this
     subsection (d), such Initial Purchaser shall not be required to contribute
     any amount in excess of the amount by which the total price at which the
     Offered Securities purchased by it were resold exceeds the amount of any
     damages which such Initial Purchaser has otherwise been required to pay by
     reason of such untrue or alleged untrue statement or omission or alleged
     omission. The Initial Purchasers' obligations in this subsection (d) to
     contribute are several in proportion to their respective purchase
     obligations and not joint.

          (e) The obligations of the Company under this Section shall be in
     addition to any liability which the Company may otherwise have and shall
     extend, upon the same terms and conditions, to each person, if any, who
     controls any Initial Purchaser within the meaning of the Securities Act or
     the Exchange Act; and the obligations of the Initial Purchasers under this
     Section shall be in addition to any liability which the respective Initial
     Purchasers may otherwise have and shall extend, upon the same terms and
     conditions, to each person, if any, who controls the Company within the
     meaning of the Securities Act or the Exchange Act.

     8. DEFAULT OF INITIAL PURCHASERS. If any Initial Purchaser or Purchasers
default in their obligations to purchase Offered Securities and the aggregate
principal amount of Offered Securities that such defaulting Initial Purchaser or
Purchasers agreed but failed to purchase does not exceed 10% of the total
principal amount of Offered Securities, CSFBC may make arrangements satisfactory
to the Company for the purchase of such Offered Securities by other persons,
including any of the Initial Purchasers, but if no such arrangements are made by
the Closing Date, the non-defaulting Initial Purchasers shall be obligated
severally, in proportion to their respective commitments hereunder, to purchase
the Offered Securities that such defaulting Initial Purchasers agreed but failed
to purchase. If any Initial Purchaser or Purchasers so default and the aggregate
principal amount of Offered Securities with respect to which such default or
defaults occur exceeds 10% of the total principal amount of Offered Securities
and

                                       15
<Page>

arrangements satisfactory to CSFBC and the Company for the purchase of such
Offered Securities by other persons are not made within 36 hours after such
default, this Agreement will terminate without liability on the part of any
non-defaulting Initial Purchaser or the Company, except as provided in Section
9. As used in this Agreement, the term "INITIAL PURCHASER" includes any person
substituted for a Initial Purchaser under this Section. Nothing herein will
relieve a defaulting Initial Purchaser from liability for its default.

     9. SURVIVAL OF CERTAIN REPRESENTATIONS AND OBLIGATIONS. The respective
indemnities, agreements, representations, warranties and other statements of the
Company or its officers and of the several Initial Purchasers set forth in or
made pursuant to this Agreement will remain in full force and effect, regardless
of any investigation, or statement as to the results thereof, made by or on
behalf of any Initial Purchaser, the Company or any of their respective
representatives, officers or directors or any controlling person, and will
survive delivery of and payment for the Securities. If for any reason the
purchase of the Offered Securities by the Initial Purchasers is not consummated,
the Company shall remain responsible for the expenses to be paid or reimbursed
by it pursuant to Section 5 and the respective obligations of the Company and
the Initial Purchasers pursuant to Section 7 shall remain in effect and if any
Offered Securities have been purchased hereunder the representations and
warranties in Section 2 and all obligations under Section 5 shall also remain in
effect. If the purchase of the Offered Securities by the Initial Purchasers is
not consummated for any reason other than solely because of the occurrence of
any event specified in clause (iv), (v) or (vi) of Section 6(b), the Company
will reimburse the Initial Purchasers for all out-of-pocket expenses (including
fees and disbursements of counsel) reasonably incurred by them in connection
with the offering of the Offered Securities.

     10. NOTICES. All communications hereunder will be in writing and, if sent
to the Initial Purchasers will be mailed, delivered or telegraphed and confirmed
to the Initial Purchasers, c/o Credit Suisse First Boston Corporation, Eleven
Madison Avenue, New York, N.Y. 10010-3629, Attention: Investment Banking
Department - Transactions Advisory Group, or, if sent to the Company, will be
mailed, delivered or telegraphed and confirmed to it at Hexcel Corporation, Two
Stamford Plaza, 281 Tresser Boulevard, Stamford, CT 06901, Attention: General
Counsel; PROVIDED, HOWEVER, that any notice to an Initial Purchaser pursuant to
Section 7 will be mailed, delivered or telegraphed and confirmed to such Initial
Purchaser.

     11. SUCCESSORS. This Agreement will inure to the benefit of and be binding
upon the parties hereto and their respective successors and the officers and
directors and controlling persons referred to in Section 7, and no other person
will have any right or obligation hereunder, except that holders of Offered
Securities shall be entitled to enforce the agreements for their benefit
contained in the second and third sentences of Section 5(b) hereof against the
Company as if such holders were parties hereto.

     12. REPRESENTATION OF INITIAL PURCHASERS. CSFBC will act for the several
Initial Purchasers in connection with this purchase, and any action under this
Agreement taken by CSFBC will be binding upon all of the Initial Purchasers.

     13. COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be deemed to be an original, but all such
counterparts shall together constitute one and the same Agreement.

     14. APPLICABLE LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES
OF CONFLICTS OF LAWS.

     The Company hereby submits to the non-exclusive jurisdiction of the Federal
and state courts in the Borough of Manhattan in The City of New York in any suit
or proceeding arising out of or relating to this Agreement or the transactions
contemplated hereby.

                                       16
<Page>

     If the foregoing is in accordance with the Initial Purchasers'
understanding of our agreement, kindly sign and return to the Company one of the
counterparts hereof, whereupon it will become a binding agreement among the
Company and the Initial Purchasers in accordance with its terms.

                                        Very truly yours,

                                        HEXCEL CORPORATION,

                                        by: /s/ Ira J. Krakower
                                            -----------------------
                                            Name: Ira J. Krakower
                                            Title: Senior Vice President

The foregoing Purchase Agreement
  is hereby confirmed and accepted as
   of the date first above written.

CREDIT SUISSE FIRST BOSTON CORPORATION
DEUTSCHE BANC ALEX. BROWN INC.
GOLDMAN, SACHS & CO.
J.P. MORGAN SECURITIES INC.

Acting on behalf of themselves and as the Representatives of
the several Initial Purchasers

CREDIT SUISSE FIRST BOSTON CORPORATION

   by: /s/ Peter R. Matt
       -------------------------------
       Name: Peter R. Matt
       Title: Managing Director

                                       17
<Page>

                                   SCHEDULE A

<Table>
<Caption>
                                                         PRINCIPAL AMOUNT OF
         INITIAL PURCHASERS                               OFFERED SECURITIES
         ------------------                               ------------------
<S>                                                        <C>
Credit Suisse First Boston Corporation.................    $ 65,000,000

Deutsche Banc Alex Brown Inc...........................    $ 12,500,000

Goldman, Sachs & Co....................................    $ 12,500,000

J.P. Morgan Securities Inc.............................    $ 10,000,000
                                                           ------------

         Total.........................................    $100,000,000
</Table>

                                       18
<Page>

                                   SCHEDULE B

<Table>
<Caption>
         SUBSIDIARY                                      PLACE OF INCORPORATION
         ----------                                      ----------------------

<S>                                                  <C>
Clark-Schwebel Corporation                           Delaware

Hexcel Composites Limited                            England
</Table>

                                       19

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