Document:

5

                                Exhibit 10(k)(v)

      SECOND AMENDMENT, dated as of April 27, 2007 (this "Amendment"), to the
Note Agreement and Guaranty, dated as of October 25, 2005 (as the same may be
further amended, supplemented, waived or otherwise modified from time to time,
the "Note Agreement"), among ALBANY INTERNATIONAL CORP., a Delaware corporation
(the "Company"), the Guarantors (as defined in the Note Agreement), and The
Prudential Insurance Company of America ("Prudential") and the several
Purchasers (as defined in the Note Agreement) (together with Prudential,
individually, a "Purchaser," " and collectively, "Purchasers").

                              W I T N E S S E T H:

      WHEREAS, the Company and Guarantors party thereto and the Purchasers party
thereto have executed and delivered the Note Agreement; and

      WHEREAS, the Company has requested the amendment of certain provisions of
the Note Agreement, and the Purchasers have indicated willingness to agree to
such amendments subject to certain limitations and conditions, as provided for
herein;

      NOW THEREFORE, in consideration of the premises, the mutual covenants and
the agreements hereinafter set forth and other good and valuable consideration,
the parties hereto hereby agree that on the Amendment Effective Date, as defined
herein, the Note Agreement will be amended as follows:

      1. Definitions. Unless otherwise defined herein, terms defined in the Note
Agreement are used herein as therein defined.

      2. Amendment to Section 6E of the Note Agreement (Restricted Payments).
Section 6E of the Note Agreement is hereby amended, as of the Amendment
Effective Date, by deleting after the words "does not exceed" the number "2.50"
and inserting in lieu thereof the number "3.00".

      3. Representations and Warranties. The Company and each other Guarantor
hereby:

      (a) other than such representations expressly given as of a specific date,
repeats (and confirms as true and correct) as of the Amendment Effective Date to
the Purchasers that each of the representations and warranties made by the
Company and each other Guarantor pursuant to the Note Agreement and are hereby
incorporated herein (as though set forth herein) in their entirety; and
<PAGE>
                                                                               6

      (b) further represent and warrant as of the Amendment Effective Date that:

            (i) No Default. No Default or Event of Default shall have occurred
and be continuing on such date after giving effect to this Amendment;

            (ii) Power and Authority. Each such Person has the corporate or
equivalent power to execute and deliver this Amendment, and to perform the
provisions hereof, and this Amendment has been duly authorized by all necessary
corporate or equivalent action on the part of each such Person;

            (iii) Due Execution. This Amendment has been duly executed and
delivered by such Person and constitutes such Person's legal, valid and binding
obligation, enforceable in accordance with its terms, except as such
enforceability may be limited (x) by general principles of equity and conflicts
of laws or (y) by bankruptcy, reorganization, insolvency, moratorium or other
laws of general application relating to or affecting the enforcement, of
creditors' rights;

            (iv) No Consent's Required. No consent, approval, authorization or
order of, or filing, registration or qualification with, any court or
Governmental Authority or third party is required in connection with the
execution, delivery or performance by such Person of this Amendment;

            (v) Acknowledgement of Obligation; Waiver of Claims. It has no
defenses, offsets or counterclaims against any of its obligations under or in
respect to the Note Agreement, the Notes or the AI Guaranty Agreement and that
all amounts outstanding under and in respect to the Notes and the Note Agreement
are owing to holders of the Notes without defense, offset or counterclaim; and

            (vi) Revolving Credit Agreement. Other than (A) that certain
restatement dated as of April 14, 2006, (B) the First Amendment dated as of
August 28, 2006, and (C) the Second Amendment dated as of April 27, 2007, there
have been no amendments to the Revolving Credit Agreement.

      4. Acknowledgements and Consent of Guarantors. Each Guarantor hereby
acknowledges that it has reviewed the terms and provisions of the Note
Agreement, the Notes, the AI Guaranty Agreement and this Amendment and consents
to the amendment to Note Agreement effected pursuant to this Amendment. Each
Guarantor confirms that they will continue to guarantee the obligations to the
fullest extent in accordance with the AI Guaranty Agreement and acknowledges and
agrees that: (a) the AI Guaranty Agreement shall continue in full force and
effect and that its obligations thereunder shall be valid and enforceable and
shall not be impaired or limited by the execution or effectiveness of this
Amendment; and (b)(i) notwithstanding, the conditions to effectiveness hereof,
such Guarantor is not required by the terms of the Note Agreement, the Notes or
the AI Guaranty Agreement to consent to the amendments to the Note Agreement
effected pursuant to this Amendment; and (ii) nothing in Note
<PAGE>
                                                                               7

Agreement, the Notes or AI Guaranty Agreement shall be deemed to require the
consent of any such Guarantor to any future amendments to the Note Agreement.

      5. Conditions Precedent. This Amendment shall become effective as of April
27, 2007 provided the conditions precedent set forth below shall have been
fulfilled (the "Amendment Effective Date") and shall constitute a Transaction
Document:

            the Purchasers shall have received counterparts of this Amendment,
executed and delivered by a duly authorized officer of each of the parties
hereto;

            the Purchasers shall have received such additional documents or
certificates with respect to legal matters or corporate or other proceeding
related to the transactions contemplated hereby as may be reasonable requested
by the Purchasers on or prior to April 26, 2007;

            the representations and warranties contained in Section 10 above
shall be true and correct in all material respects on and as of the Amendment
Effective Date, as if made on and as of the Amendment Effective Date and there
shall exist on the Amendment Effective Date no Event of Default or Default; and

(d) the Company and each other Guarantor shall have made all requests, filings
and registrations with, and obtained all consents and approvals from, the
relevant national, state, local or foreign jurisdiction(s), or any
administrative, legal or regulatory body or agency thereof, that are necessary
for the Company and each other Guarantor in connection with this Amendment and
any and all other documents relating hereto.

      6. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK.

      7. No Other Amendments; Confirmation. Except as expressly amended,
modified and supplemented hereby, the terms, provisions and conditions of the
Note Agreement, the Notes, the AI Guaranty Agreement and the agreements and
instruments relating thereto are and shall remain unchanged and in full force
and effect and are hereby ratified and confirmed in all respects.

      8. Headings. The headings of sections of this Amendment are inserted for
convenience only and shall not be deemed to constitute a part of this Amendment.

      9. Counterparts. This Amendment may be executed in any number of
counterparts by the parties hereto, each of which counterparts when so executed
shall be an original, but all counterparts taken together shall constitute one
and the same instrument.
<PAGE>
                                                                               8

     [Remainder of page intentionally left blank. Signature pages follow.]
<PAGE>
                                                                               9

      IN WITNESS WHEREOF, the parties have caused this Amendment to be duly
executed and delivered by their respective proper and duly authorized officers
as of the day and year first above written.

                              ALBANY INTERNATIONAL CORP.

                              By:      /s/ Christopher J. Connally
                                       Name: Christopher J. Connally
                                       Title:   Corporate Treasurer

                              ALBANY INTERNATIONAL HOLDINGS TWO, INC., as a
                              Guarantor

                              By:      /s/ Christopher J. Connally
                                       Name: Christopher J. Connally
                                       Title:   VP, Assistant Secretary

                              ALBANY INTERNATIONAL TECHNIWEAVE, INC., as a
                              Guarantor

                              By:      /s/ Christopher J. Connally
                                       Name: Christopher J. Connally
                                       Title:   Treasurer, Assistant Secretary

                              ALBANY INTERNATIONAL RESEARCH CO., as a Guarantor

                              By:      /s/ Charles J. Silva, Jr.
                                       Name: Charles J. Silva, Jr.
                                       Title:   VP, Assistant Treasurer

                              GESCHMAY CORP., as a Guarantor

                              By:      /s/ Christopher J. Connally
                                       Name: Christopher J. Connally
                                       Title:   VP, Assistant Secretary
<PAGE>
                                                                              10

                              BRANDON DRYING FABRICS, INC., as a Guarantor

                              By:      /s/ Christopher J. Connally
                                       Name: Christopher J. Connally
                                       Title:   VP, Assistant Secretary

                              GESCHMAY WET FELTS, INC., as a Guarantor

                              By:      /s/ Christopher J. Connally
                                       Name: Christopher J. Connally
                                       Title:   VP, Assistant Secretary

                              GESCHMAY FORMING FABRICS CORP., as a Guarantor

                              By:      /s/ Christopher J. Connally
                                       Name: Christopher J. Connally
                                       Title:   VP, Assistant Secretary

The foregoing Amendment is hereby
accepted as of the date first above written.

THE PRUDENTIAL INSURANCE COMPANY OF AMERICA

By:      /s/ Paul L. Meiring
         Name: Paul L. Meiring
         Title:   Vice President
<PAGE>
                                                                              11

THE PRUDENTIAL LIFE INSURANCE COMPANY, LTD.

By:     Prudential Investment Management (Japan), Inc., as
        Investment Manager
        By:  Prudential Investment Management, Inc., as
             Sub-Adviser

By:      /s/ Paul L. Meiring
         Name: Paul L. Meiring
         Title: Vice President

GIBRALTAR LIFE INSURANCE CO. LTD.,
 By:    Prudential Investment Management (Japan), Inc., as
        Investment Manager
        By:  Prudential Investment Management, Inc., as
             Sub-Adviser

By:     /s/ Paul L. Meiring
        Name: Paul L. Meiring
        Title: Vice President

SECURITY BENEFIT LIFE INSURANCE COMPANY, INC.
 By:    Prudential Private Placement Investors, L.P. (as
        Investment Advisor)
        By:  Prudential Private Placement Investors, L.P.
             (as General Partner)

By:     /s/ Paul Meiring
        Name: Paul L. Meiring
        Title: Vice President12

                                Exhibit 10(k)(vi)

                  SECOND AMENDMENT dated as of April 27, 2007 (this "Amendment")
            to the FIVE-YEAR REVOLVING CREDIT FACILITY AGREEMENT dated as of
            April 14, 2006 (as further amended, supplemented or otherwise
            modified from time to time, the "Credit Agreement"), among ALBANY
            INTERNATIONAL CORP., a Delaware corporation (the "Company"), the
            BORROWING SUBSIDIARIES from time to time party thereto, the LENDERS
            from time to time party thereto, JPMORGAN CHASE BANK, N.A., as
            Administrative Agent for the Lenders (in such capacity, the
            "Administrative Agent"), and J.P. MORGAN EUROPE LIMITED, as London
            Agent for the Lenders.

      The Company has requested that the Lenders agree to amend the Credit
Agreement in the manner provided herein, and the Lenders whose signatures appear
below, constituting the Required Lenders (such term and each other capitalized
term used and not otherwise defined herein having the meaning assigned to it in
the Credit Agreement), are willing to so amend the Credit Agreement.

      Accordingly, in consideration of the agreements herein contained and other
good and valuable consideration, the sufficiency and receipt of which are
hereBy: acknowledged, the parties hereto agree as follows:

      SECTION 1. Amendments to the Credit Agreement. Effective as of the Second
Amendment Effective Date (as defined below), the Credit Agreement is hereBy:
amended as follows:

      (a) Asset Sales Mandatory Prepayments. Section 1.01 of the Credit
Agreement is hereBy: amended By: replacing the reference in the definition of
"Excluded Divestiture" to "2.75 to 1.00" with a reference to "3.25 to 1.00".

      (b) Restricted Payments. Section 6.05 of the Credit Agreement is hereBy:
amended By: replacing the reference therein to "2.50 to 1.00" with a reference
to "3.50 to 1.00".

      (c) Permitted Acquisitions. Section 6.07 of the Credit Agreement is
hereBy: amended By: deleting clause (d) thereof in its entirety and replaced it
with the following:

            "(d) acquisitions of assets of or Equity Interests in other Persons,
      and loans or advances to Subsidiaries to provide funds required to effect
      such acquisitions, if, at the time of and after giving pro forma effect to
      each such acquisition and any related incurrences of Indebtedness, (i) the
      Leverage Ratio does not exceed 3.50 to 1.00 and (ii) no Default shall have
      occurred and be continuing".
<PAGE>
                                                                              13

      (d) Total Debt. Section 1.01 of the Credit Agreement is hereBy: amended
By: deleting the definition of "Total Debt" in its entirety and replacing it
with the following definition:

            ""Total Debt" means, at any time, the sum of (a) all Indebtedness
      that is or should be reflected as a liability on a consolidated balance
      sheet of the Company and the Subsidiaries in accordance with GAAP and (b)
      the consideration (other than any note of a Subsidiary that serves as a
      conduit in a sale or financing transaction with respect to Receivables)
      received By: the Company or any Consolidated Subsidiary from any Person
      (other than the Company or a Consolidated Subsidiary) for Receivables
      sold, which Receivables remain uncollected at such time; less (x) the sum
      of all cash and cash equivalents (as determined in accordance with GAAP),
      (y) the cash surrender value of life insurance policies naming the Company
      as beneficiary (as determined in accordance with GAAP) and (z) the fair
      market value of any Marketable Securities of the Company and the
      Consolidated Subsidiaries; provided, however, that, with respect to any
      Non-Wholly Owned Subsidiary, the Indebtedness (other than any Indebtedness
      that is Guaranteed By: the Company or a Wholly-Owned Subsidiary) and
      assets thereof referred to in the foregoing clauses shall be disregarded
      in the calculation of "Total Debt" to the extent of any economic interest
      in such Non-Wholly Owned Subsidiary that is owned By: any Person other
      than the Company or a Wholly-Owned Subsidiary. For the purposes of this
      definition, "Marketable Securities" means any debt or equity securities
      for which an active trading market exists and price quotations are
      available."

      (e) Section 1.01 of the Credit Agreement is hereBy: amended to add the
following definitions in appropriate alphabetical order:

            ""Non-Wholly Owned Subsidiary" means a Subsidiary that is not a
      Wholly Owned Subsidiary."

            ""Wholly Owned Subsidiary" means a Subsidiary all the Capital Stock
      in which, other than directors' qualifying shares and/or other nominal
      amounts of Capital Stock that are required to be held By: Persons under
      applicable law, are owned, directly or indirectly, By: the Company or a
      Subsidiary."

      SECTION 2. Fees. The Company agrees to pay to each Lender that executes
and delivers a copy of this Amendment to the Administrative Agent (or its
counsel) at or prior to 4:00 p.m., New York City time, on Friday, April 27,
2007, an amendment fee of $10,000 (the "Amendment Fee"). The Amendment Fee shall
be earned By: each such Lender upon delivery of an executed copy of this
Amendment to the Administrative Agent (or its counsel) and shall be payable By:
the Company within fourteen days of the Second Amendment Effective Date. The
Amendment Fee shall not be refundable.
<PAGE>
                                                                              14

      SECTION 3. Representations and Warranties. To induce the other parties
hereto to enter into this Amendment, the Company represents and warrants to each
of the Lenders and the Administrative Agent that, as of the Second Amendment
Effective Date:

      (a) The execution, delivery and performance By: the Company of this
Amendment have been duly authorized By: all necessary corporate action; this
Amendment has been duly executed and delivered By: the Company; and each of this
Amendment and the Credit Agreement, as amended By: this Amendment, constitutes a
legal, valid and binding obligation of the Company, enforceable against it in
accordance with its terms.

      (b) The representations and warranties set forth in Article III of the
Credit Agreement, and in each of the other Loan Documents, are true and correct
on and as of the Second Amendment Effective Date, before and after giving effect
to this Amendment.

      (c) No default shall have occurred and be continuing, before and after
giving effect to this Amendment.

      SECTION 4. Conditions Precedent; Effectiveness. (a) The effectiveness of
this Amendment is subject to the satisfaction of the following conditions
precedent:

            (i) the Administrative Agent shall have received counterparts of
      this Amendment that, when taken together, bear the signatures of the
      Company and the Required Lenders;

            (ii) the Administrative Agent shall have received a certificate,
      dated the Second Amendment Effective Date and signed By: a responsible
      officer of the Company, confirming the accuracy of the representations and
      warranties set forth in Section 3 hereof; and

            (iii) the Administrative Agent shall have received all amounts due
      and payable to it on or prior to the Second Amendment Effective Date,
      including, to the extent invoiced, reimbursement or payment of all
      out-of-pocket expenses required to be reimbursed or paid By: the Company
      under the Credit Agreement or this Amendment.

      (b) This Amendment shall become effective as of the first date (the
"Second Amendment Effective Date") on which the conditions precedent set forth
in paragraph (a) of this Section shall have been satisfied. The Administrative
Agent shall notify the Company and the Lenders of the Second Amendment Effective
Date, and such notice shall be conclusive and binding.

      SECTION 5. Effect of Amendment. Except as expressly set forth herein, this
Amendment shall not By: implication or otherwise limit, impair, constitute a
waiver of, or otherwise affect the rights and remedies of the Lenders or the
Administrative Agent under the Credit Agreement or any other Loan Document, and
shall not alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or
<PAGE>
                                                                              15

agreements contained in the Credit Agreement or any other Loan Document, all of
which are ratified and affirmed in all respects and shall continue in full force
and effect. Nothing herein shall be deemed to entitle any Loan Party to a
consent to, or a waiver, amendment, modification or other change of, any of the
terms, conditions, obligations, covenants or agreements contained in the Credit
Agreement or any other Loan Document in similar or different circumstances. This
Amendment shall apply and be effective only with respect to the provisions of
the Credit Agreement specifically referred to herein. This Amendment shall
constitute a Loan Document. The representations, warranties and agreements
contained herein shall, for all purposes of the Credit Agreement, be deemed to
be set forth in the Credit Agreement. On and after the Second Amendment
Effective Date, any reference to the Credit Agreement contained in the Loan
Documents shall mean the Credit Agreement as modified hereby:

      SECTION 6. Counterparts. This Amendment may be executed in any number of
counterparts and By: different parties hereto in separate counterparts, each of
which when so executed and delivered shall be deemed an original, but all such
counterparts together shall constitute but one and the same contract. Delivery
of an executed counterpart of a signature page of this Amendment By: facsimile
or other electronic imaging means shall be as effective as delivery of a
manually executed counterpart hereof.

      SECTION 7. Applicable Law. THIS AMENDMENT SHALL BE GOVERNED BY: AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

      SECTION 8. Headings. The headings of this Amendment are for purposes of
reference only and shall not limit or otherwise affect the meaning hereof.
<PAGE>

      IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed By: their respective authorized officers as of the day and year
first above written.

                                  ALBANY INTERNATIONAL CORP.,

                                       By:  /s/ Christopher J. Connally
                                            ------------------------------------
                                            Name:  Christopher J. Connally
                                            Title: Corporate Treasurer

                                  JPMORGAN CHASE BANK, N.A.,
                                  as a Lender,

                                      By:  /s/ James Murphy
                                           -------------------------------------
                                           Name:  James Murphy
                                           Title: Senior Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: ABN AMRO BANK NV

 By: /s/ David Carroll
     ---------------------------------
     Name:  David Carroll
     Title: Director

For any Lender requiring a second signature line:

 By: /s/ Henry L. Petrillo
     ----------------------------------
     Name:  Henry L. Petrillo
     Title: Senior Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: BANK OF AMERICA, N.A.

 By: /s/ Christopher S. Allen
     ----------------------------------
     Name:    Christopher S. Allen
     Title:   Senior Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: BANK OF TOKYO-MITSUBISHI UFJ TRUST COMPANY

 By: /s/ Karen Ossolinksi
     ----------------------------------
     Name:    Karen Ossolinski
     Title:   Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: CITIZENS BANK OF MASSACHUSETTS

 By: /s/ Daniel Bernard
     ----------------------------------
     Name:    Daniel Bernard
     Title:   Senior Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: FIRST NIAGARA BANK

 By: /s/ Paul D. Ryan
     ----------------------------------
     Name:    Paul D. Ryan
     Title:   Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: HSBC BANK U.S.A., NATIONAL ASSOCIATION

 By: /s/ Charles R. Kreuter
     ----------------------------------
     Name:    Charles R. Kreuter
     Title:   First Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: MANUFACTURERS AND TRADERS TRUST COMPANY

 By: /s/ Craig A. Keefer
     ----------------------------------
     Name:    Craig A. Keefer
     Title:   Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: NORDEA BANK FINLAND, PLC

 By: /s/ Kalle Virtanen
     ----------------------------------
     Name:    Kalle Virtanen
     Title:   Relationship Manager

For any Lender requiring a second signature line:

 By: /s/ Gerald E. Chelius, Jr.
     ----------------------------------
     Name:    Gerald E. Chelius, Jr.
     Title:   Senior Vice President Credit
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: SUMITOMO MITSUI BANKING CORPORATION

 By: /s/ Yoshihiro Hyakutome
     ----------------------------------
     Name:    Yoshihiro Hyakutome
     Title:   General Manager
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: TD BANKNORTH, N.A.

 By: /s/ Robert C. Hergrueten
     ----------------------------------
          Name:    Robert C. Hergrueten
          Title:   Senior Vice President
<PAGE>

                                                    Lender signature page to the
                                                         Second Amendment to the
                                     Albany International Corp. Credit Agreement

To approve this Amendment:

Institution: WACHOVIA BANK, N.A.

 By: /s/ Anne Herber
     ----------------------------------
     Name:    Anne Herber
     Title:   Vice President

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