1

                                                                    EXHIBIT 10.1

                            JPS TEXTILE GROUP, INC.

                            LONG-TERM INCENTIVE PLAN


                               TABLE OF CONTENTS


ARTICLE I - PURPOSE . . . . . . . . . . . . . . . . . . . . . . .        1
                                                                  
ARTICLE II - DEFINITIONS                                          
                                                                  
2.1      Affiliated Employer  . . . . . . . . . . . . . . . . . .        1
2.2      Annual Award . . . . . . . . . . . . . . . . . . . . . .        1
2.3      Award Bank . . . . . . . . . . . . . . . . . . . . . . .        1
2.4      Board  . . . . . . . . . . . . . . . . . . . . . . . . .        1
2.5      Code . . . . . . . . . . . . . . . . . . . . . . . . . .        1
2.6      Committee  . . . . . . . . . . . . . . . . . . . . . . .        1
2.7      Eligible Employee  . . . . . . . . . . . . . . . . . . .        2
2.8      Employer . . . . . . . . . . . . . . . . . . . . . . . .        2
2.9      Net Assets . . . . . . . . . . . . . . . . . . . . . . .        2
2.10     Operating Income . . . . . . . . . . . . . . . . . . . .        2
2.11     Plan . . . . . . . . . . . . . . . . . . . . . . . . . .        2
2.12     Plan Year  . . . . . . . . . . . . . . . . . . . . . . .        2
2.13     RONAE  . . . . . . . . . . . . . . . . . . . . . . . . .        2
2.14     Target RONAE Percentages . . . . . . . . . . . . . . . .        2
                                                                   
                                                                   
ARTICLE III - ADMINISTRATION                                       
                                                                   
3.1      Administration by Committee  . . . . . . . . . . . . . .        2
3.2      Committee to Make Rules and Interpret Plan . . . . . . .        3
3.3      The Committee  . . . . . . . . . . . . . . . . . . . . .        3
                                                                   
                                                                   
ARTICLE IV - ANNUAL AWARDS MADE BY COMMITTEE  . . . . . . . . . .        4
                                                                   
                                                                   
ARTICLE V - ELIGIBILITY OF OFFICERS AND KEY EMPLOYEES . . . . . .        4
                                                                   
                                                                   
ARTICLE VI - DETERMINING ANNUAL AWARDS                             
                                                                   
6.1      Establishment of Target RONAE Percentages  . . . . . . .        4
6.2      Determination of Annual Award  . . . . . . . . . . . . .        4


                                                                   
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ARTICLE VII - PLAN ACCOUNTING AND PAYMENTS FROM AWARD BANK         
                                                                   
7.1      Award Bank Accounting  . . . . . . . . . . . . . . . . .        5
7.2      Payments From Award Bank . . . . . . . . . . . . . . . .        5
7.3      Example of Plan Accounting and Payments  . . . . . . . .        5
7.4      Termination of Eligible Employee's Employment  . . . . .        5
                                                                   
ARTICLE VIII - SALE OF EMPLOYER . . . . . . . . . . . . . . . . .        7
                                                                   
ARTICLE IX - AMENDMENTS AND TERMINATION . . . . . . . . . . . . .        7
                                                                   
ARTICLE X - GENERAL                                                
                                                                   
10.1     Government and Other Regulations . . . . . . . . . . . .        7
10.2     Tax Withholding  . . . . . . . . . . . . . . . . . . . .        7
10.3     Claim to Annual Award of Award Bank  . . . . . . . . . .        7
10.4     Beneficiaries  . . . . . . . . . . . . . . . . . . . . .        7
10.5     Nontransferability . . . . . . . . . . . . . . . . . . .        8
10.6     Indemnification  . . . . . . . . . . . . . . . . . . . .        8
10.7     Reliance on Reports  . . . . . . . . . . . . . . . . . .        8
10.8     Relationship to Other Benefits . . . . . . . . . . . . .        8
10.9     Expenses . . . . . . . . . . . . . . . . . . . . . . . .        8
10.10    Construction . . . . . . . . . . . . . . . . . . . . . .        8
10.11    Misconduct . . . . . . . . . . . . . . . . . . . . . . .        8
10.12    Suspension of Redemptions  . . . . . . . . . . . . . . .        9
10.13    Governing Law  . . . . . . . . . . . . . . . . . . . . .        9
                                                                   

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                            JPS TEXTILE GROUP, INC.
                            LONG-TERM INCENTIVE PLAN


                                   ARTICLE I
                                    PURPOSE

         This Plan is effective November 1, 1994.  The purpose of this
Long-Term Incentive Plan is to provide a means through which JPS Textile Group,
Inc. a Delaware corporation, and its participating Affiliated Employers may
attract able key personnel to enter and remain in their employ and to provide a
means whereby those key personnel upon whom the responsibilities of the
successful administration and management of the Employer rest, and whose
present and potential contributions to the welfare of the Employer are of
importance, will acquire and maintain a long-term interest in their employment
relationship with the Employer, thereby strengthening their commitment to the
welfare of the Employer and their desire to remain in its employ.

         A further purpose of the Plan is to provide such key employees with
additional incentive and reward opportunities designed to enhance the
profitable growth of the Employer.  So that the appropriate incentive can be
provided, the Plan provides for granting Annual Awards to be paid out over a
period of years, subject to certain conditions herein set forth.


                                   ARTICLE II
                                  DEFINITIONS

2.1      "AFFILIATED EMPLOYER" shall mean any corporation which is or has been
         a member of a controlled group of corporations (as defined in Code
         Section 414(b)) which includes the Employer; any trade or business
         (whether or not incorporated) which is or has been under common
         control (as defined in Code Section 414(c)) with the Employer; any
         organization (whether or not incorporated) which is or has been a
         member of an affiliated service group (as defined in Code Section
         414(m)) which includes the Employer; and any other entity which is or
         has been required to be aggregated with the Employer pursuant to
         regulations under Code Section 414(o).

2.2      "ANNUAL AWARD" shall mean the dollar amount of incentive compensation
         determined for an Eligible Employee pursuant to Article VI.  An Annual
         Award may be a negative dollar amount.

2.3      "AWARD BANK" shall mean the sum total of all Annual Awards made to an
         Eligible Employee less the sum total of all disbursements made from
         the Award Bank.

2.4      "BOARD" means the Board of Directors of the Employer.

2.5      "CODE" means the Internal Revenue Code of 1986.  Reference in the Plan
         to any section of the Code shall be deemed to include any amendments
         or successor provisions to such section and any regulations under such
         section.

2.6      "COMMITTEE" means the Committee appointed by the Board to administer
         the Plan in accordance with Article III and other provisions of this
         Plan.

2.7      "ELIGIBLE EMPLOYEE" means any person regularly employed by the
         Employer or an Affiliated Employer on a full-time salaried basis who
         satisfies all of the requirements of Article V.


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2.8      "EMPLOYER" means JPS Textile Group, Inc. and Affiliated Employers
         that, with the proper authority of JPS Textile Group, Inc., adopt this
         Plan.

2.9      "NET ASSETS" means the average net assets, minus average current
         liabilities plus average the accrued interest expense, and plus the
         average current portion of long term debt.  In addition, for Eligible
         Employees of JPS Elastomerics Corp., an Affiliated Employer, the
         average current portion of charges for defective product liability
         shall be added back to determine Net Assets.  Further, the averages
         used to determine Net Assets shall be determined separately for JPS
         Textile Group, Inc. and any Affiliated Employer and separately applied
         for purposes of determining the Annual Award of an Eligible Employee
         employed by JPS Textile Group, Inc. or the Affiliated Employer.  The
         averages of the financial data used in determining the Net Assets of
         JPS Textile Group, Inc. or an Affiliated Employer shall be determined
         by adding the beginning balances and the balances at the end of each
         month during the Plan Year and dividing by thirteen.  The Committee,
         in its sole and absolute discretion, may include or exclude any item
         of asset or liability in determining Net Assets for a Plan Year.

2.10     "OPERATING INCOME" means net income before income taxes and interest,
         plus any incentive award expense, plus any losses on the disposal of
         fixed assets, and minus any gains on the disposal of fixed assets.
         The Operating Income shall be determined separately for JPS Textile
         Group, Inc. and any Affiliated Employer and separately applied for
         purposes of determining the Annual Award of an Eligible Employee
         employed by JPS Textile Group, Inc. or the Affiliated Employer.  The
         Committee, in its sole and absolute discretion, may include or exclude
         any item of income or expense in determining Operating Income for a
         Plan Year.

2.11     "PLAN" means the JPS Textile Group, Inc. Long-Term Incentive Plan.

2.12     "PLAN YEAR" means the period from November 1 through October 31.

2.13     "RONAE" means Operating Income for the Plan Year divided by Net Assets
         determined for the Plan Year.  RONAE shall be determined separately
         for JPS Textile Group, Inc. and any Affiliated Employer.

2.14     "TARGET RONAE PERCENTAGES" means the percentages of RONAE established
         for JPS Textile Group, Inc. and each Affiliated Employer under Section
         6.1 of the Plan.


                                  ARTICLE III
                                 ADMINISTRATION

3.1      ADMINISTRATION BY COMMITTEE.  The Committee shall administer the Plan.
         The acts of a majority of the members present at any meeting at which
         a quorum is present or acts approved in writing by a majority of the
         Committee shall be deemed the acts of the Committee.





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         Subject to the provisions of the Plan, the Committee shall have 
         exclusive power to:

         a.    Recommend for Board approval the employees to participate in the
               Plan;

         b.    Determine each Plan Year the method for determining the Annual
               Award made to each employee selected;

         c.    Determine the time or times when the Annual Award will be made;
               and

         d.    Determine the conditions (including performance requirements) to
               which the payment of Annual Awards may be subject.

3.2      COMMITTEE TO MAKE RULES AND INTERPRET PLAN.  The Committee shall have
         the authority and maximum legal discretion, subject to the provisions
         of the Plan, to establish, adopt, or revise such rules and regulations
         and to make all such determinations relating to the Plan as it may
         deem necessary or advisable for the administration of the Plan.  The
         Committee shall have the maximum legal discretion to interpret the
         Plan or any Annual Award made pursuant thereto.  All decisions and
         determinations by the Committee with respect to the Plan shall be
         final, binding, and conclusive on all parties unless otherwise
         determined by the Committee.

3.3      THE COMMITTEE.

         (a)   GENERAL.  The Committee shall be generally responsible for all
               duties associated with the administration and operation of the
               Plan.

         (b)   MEMBERSHIP: APPOINTMENT, REMOVAL, AND RESIGNATION.  The Employer
               shall, from time to time, designate members of the Committee by
               duly adopted resolution of the Board.  The Committee shall
               consist of such number of individuals as may be determined by
               the Employer.  Each person named as a member of the Committee
               shall acknowledge acceptance of such responsibilities in
               writing.  The members of the Committee shall be selected by the
               Board and shall remain in office at the will of the Employer and
               may be removed at any time, with or without cause, by the Board.
               Such removal shall be effective upon the delivery of written
               notice thereof to the member of the Committee being removed, or
               at such later time as may be designated in the notice; a copy of
               such notice shall be delivered simultaneously therewith or as
               soon as practicable thereafter to the other members of the
               Committee.  Any member of the Committee may resign at any time
               by giving written notice of their resignation to the Employer.
               Such resignation shall be effective upon delivery of such
               written notice, or at such later time as may be designated in
               the notice of resignation; a copy of such notice shall be
               delivered simultaneously therewith or as soon as practicable
               thereafter to the other members of the Committee.  The Employer
               shall appoint a successor member when there are less than two
               members of the Committee from any cause.

         (c)   ADMINISTRATIVE RULES.  A majority of the members of the
               Committee at the time in office shall constitute a quorum for
               the transaction of business.  All resolutions and other actions
               of the Committee shall be by vote of a majority of the members
               of the Committee present at a meeting (conference telephone call
               in which all comments can be heard by all parties shall
               constitute presence) and entitled to vote or by unanimous
               written consent if action is taken without a meeting.  The
               Committee shall elect one of its members to act as its chairman,
               may elect one of its members to act as its vice chairman, may
               appoint a secretary who need not be a member of the Committee,
               and shall designate the person or persons who shall be
               authorized to sign for the Committee.  The Committee shall have
               the power to adopt bylaws or other administrative rules





                                      -3-
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               consistent with the foregoing, including bylaws or rules for the
               time and place of its meetings, the notice to be given of such
               meetings, the procedures to be followed in taking action by
               unanimous consent without a meeting, and all similar matters
               governing the conduct of the Committee's business.


                                   ARTICLE IV
                        ANNUAL AWARDS MADE BY COMMITTEE

         The Committee may, from time to time, make an Annual Award to one or
more employees determined by it to be eligible for participation in the Plan,
in accordance with the provisions of this Plan.


                                   ARTICLE V
                   ELIGIBILITY OF OFFICERS AND KEY EMPLOYEES

         Officers and key employees of the Employer (including officers or
employees who are members of the Board, but excluding directors who are not
officers or employees) who, in the opinion of the Committee, are mainly
responsible for the continued growth and development and financial success of
the business of the Employer shall be eligible for Annual Awards under the
Plan.  Subject to the provisions of the Plan, the Committee shall, from time to
time, select from such eligible persons those to whom Annual Awards shall be
made and determine the method for determining the amount of the Annual Awards
to be made.

                                   ARTICLE VI
                           DETERMINING ANNUAL AWARDS

6.1      ESTABLISHMENT OF TARGET RONAE PERCENTAGES.  For each Plan Year, the
         Committee will establish Target RONAE Percentages for the Employer and
         participating Affiliated Employers to be approved by the Board.  The
         Target RONAE Percentages established by the Committee and approved by
         the Board will be communicated each Plan Year to Eligible Employees.
         The Target RONAE Percentages will be established on a rolling 3-year
         basis, with the Target RONAE Percentages for the two Plan Years
         following the then current Plan Year subject to change by the Board as
         circumstances require.

6.2      DETERMINATION OF ANNUAL AWARD.  Each Eligible Employee shall be
         assigned a target percentage of his or her salary in effect on the
         first day of the Plan Year.  The Annual Award will be made to the
         Eligible Employee based upon the relationship between the Eligible
         Employee's target percentage and the Employer's financial performance
         for the Plan Year.  The calculation will be performed in a manner
         similar to the calculation of annual performance bonuses under the
         Management Incentive Bonus Plan.  However, the Annual Award may be a
         positive or negative dollar amount.  A positive Annual Award will
         increase an Eligible Employee's Award Bank balance and a negative
         Annual Award will reduce an Eligible Employee's Award Bank balance.





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                                  ARTICLE VII
                  PLAN ACCOUNTING AND PAYMENT FROM AWARD BANK

7.1      AWARD BANK ACCOUNTING.  As soon as administratively feasible after the
         end of each Plan Year, the Annual Awards made to each Eligible
         Employee shall be added to or subtracted from his Award Bank.  In no
         event will an Eligible Employee's Award Bank balance be less than
         zero.  There will be no interest earned on an Eligible Employee's
         Award Bank because the Award Bank balance is an accounting balance
         only and does not represent assets maintained under this Plan.

7.2      PAYMENTS FROM AWARD BANK.  Each Plan Year after the first Plan Year,
         payments from an Eligible Employee's Award Bank will be made after the
         addition or subtraction of the prior Plan Year's Annual Award in
         Section 7.1.  Following a transition period of the first three Plan
         Years, an Eligible Employee's Award Bank will be paid out in
         increments of one-third of the Eligible Employee's Award Bank.  The
         payments from the Award Bank over the first three Plan Years will be
         paid in the following percentages of the Eligible Employee's Award
         Bank:

               Plan Year Ended 10/31/95             0%
               Plan Year Ended 10/31/96            33%
               Plan Year Ended 10/31/97            50%
               Plan Years Thereafter               33%

7.3      EXAMPLE OF PLAN ACCOUNTING AND PAYMENTS.  For example, the Award Bank
         for an Eligible Employee who receives a $100 Annual Award over the
         first seven Plan Years will be accounted for as follows:




        YEAR                              1        2        3        4        5        6       7 
        ----                            -----   ------   ------   ------   ------   ------   ------
                                                                        
        Beg. Award Bank Bal.            $   0   $  100   $  133   $  116   $  145   $   64   $  110
        Annual Award                      100      100      100      100     <50>      100      100
                                        -----   ------   ------   ------   ------   ------   ------
        Award Bank Bal. Before            100      200      233      216       95      164      210
          Plan Payments                     0     <67>    <117>     <71>     <31>     <54>     <69>
        (Payment Percentage)             (0%)    (33%)    (50%)    (33%)    (33%)    (33%)    (33%)
                                        -----   ------   ------   ------   ------   ------   ------
        End. Award Bank Bal.            $ 100   $  133   $  116   $  145   $   64   $  110   $  141
                                        =====   ======   ======   ======   ======   ======   ======


7.4      TERMINATION OF ELIGIBLE EMPLOYEE'S EMPLOYMENT.  In the event the
         Eligible Employee's employment is terminated during the period an
         Eligible Employee has an Award Bank balance, the following rules shall
         apply:

         a.      VOLUNTARY TERMINATIONS AND FOR CAUSE TERMINATION.  In the
                 event an Eligible Employee voluntarily terminates his
                 employment prior to retirement, death, or disability or the
                 Eligible Employee's employment is terminated by the Employer
                 or an Affiliated Employer for cause, all rights to any unpaid
                 balance from his Award Bank shall be immediately forfeited.
                 The Employer or Affiliated Employer shall have complete
                 discretion to determine whether an Eligible Employee's
                 termination of employment was "for cause".  For the purposes
                 hereof, the term "for cause" shall mean any of the following:

                 (i)      Failure to perform any material obligations of
                          employment which the Eligible Employee shall have
                          failed to cure within ten (10) days after receiving
                          written notice thereof from the Employer; or



                                      -5-
   8


                 (ii)     The Employer shall reasonably believe that the
                          Eligible Employee has committed an act of fraud,
                          embezzlement, theft, or dishonesty against the
                          Employer; or

                 (iii)    The Eligible Employee shall have been convicted of
                          (or plead nolo contendere to) any felony or any
                          misdemeanor involving moral turpitude or which might,
                          in the reasonable opinion of the Employer, cause
                          embarrassment to the Employer.

         b.      INVOLUNTARY TERMINATION NOT FOR CAUSE.  In the event an
                 eligible Employee's employment is involuntarily terminated
                 other than for cause under Section 7.4 a. above, the Eligible
                 Employee will be paid amounts from his award bank under the
                 same terms and conditions as applicable to Eligible Employees
                 who are actively employed; provided, however, the Committee
                 shall have the complete discretion to accelerate payments of
                 amounts remaining in the Eligible Employee's award Bank.  The
                 payout of an Eligible Employee whose employment is
                 involuntarily terminated not for cause shall be adjusted
                 pro-rata to reflect the partial year of participation for the
                 year during which such involuntary termination occurs.

         c.      RETIREMENT.  An Eligible Employee shall be paid his or her
                 Award Bank balance upon retirement from the Employer or an
                 Affiliated Employer if all of the following conditions are
                 met:

                 (i)      The Eligible Employee is also eligible for and
                          retires under the Retirement Pension Plan for
                          Employees of JPS Textile Group, Inc.

                 (ii)     The Eligible Employee provides the Employer or
                          Affiliated Employer with six months advance written
                          notice of his or her intention to retire.

                 (iii)    The Eligible Employee executes a covenant not to
                          compete substantially in the form attached as Exhibit
                          A which is incorporated herein by reference.

                 An Eligible Employee who retires from employment without
                 meeting the above requirements shall immediately forfeit his
                 or her unpaid Award Bank balance.  The payout of an Eligible
                 Employee who retires and meets the above requirements shall be
                 adjusted pro-rata to reflect the partial year of participation
                 for the year during which the Eligible Employee's retirement
                 occurs.  Any payment under this Section 7.4 b shall be in a
                 single lump sum as soon as reasonably possible after the end
                 of the Plan Year during which the retirement occurs.

         d.      DISABILITY.  In the event an Eligible Employee becomes
                 disabled, the Eligible Employee will be paid amounts from his
                 Award Bank under the same terms and conditions as applicable
                 to Eligible Employees who are actively employed; provided,
                 however the Committee shall have the complete discretion to
                 accelerate payments of amounts remaining in the Eligible
                 Employee's Award Bank.  The payout of an Eligible Employee who
                 becomes disabled shall be adjusted pro-rata to reflect the
                 partial year of participation for the year during which the
                 Eligible Employee's disability occurs.



                                      -6-
   9

         e.      DEATH.  In the event of the death of the Eligible Employee,
                 the Eligible Employee's beneficiary will be paid, in a lump
                 sum, the amount to the credit of the then deceased Eligible
                 Employee.  The payout of an Eligible Employee who dies shall
                 be adjusted pro-rata to reflect the partial year of
                 participation for the year of the Eligible Employee's death.


                                  ARTICLE VIII
                                SALE OF EMPLOYER

         In the event of the sale or transfer of more than 50% of the issued
and outstanding shares of stock of the JPS Textile Group, Inc. or in the event
of the sale or transfer of substantially all the assets of JPS Textile Group,
Inc., the entire Award Bank balance of each Eligible Employee shall be paid as
soon as reasonably possible after such sale or transfer.  Such payout shall be
adjusted pro-rata to reflect the partial year of participation for the year
during which such sale or transfer occurs.


                                   ARTICLE IX
                           AMENDMENTS AND TERMINATION

         The Board may, by majority vote, at any time terminate the Plan.  Upon
such termination, the Award Bank balance of each Eligible Employee shall be
paid out in a single lump sum as soon as administratively feasible following
such termination.  The Board may at any time, or from time to time, amend or
suspend and, if suspended, reinstate, the Plan in whole or in part.  In
addition, the Plan Committee may, with the express written consent of an
individual Eligible Employee, cancel or reduce or otherwise alter the Eligible
Employee's outstanding Annual Award or Award Account thereunder if, in his
judgment, the tax, accounting, or other effects of the Plan or potential
payments thereunder would not be in the best interest of the Eligible Employee
or the Employer.


                                   ARTICLE X
                                    GENERAL

10.1     GOVERNMENT AND OTHER REGULATIONS.  The obligation of the Employer to
         make Annual Awards shall be subject to all applicable laws, rules, and
         regulations, and to such approvals by government agencies as may be
         required.

10.2     TAX WITHHOLDING.  The Employer and any Affiliated Employer, as
         appropriate, shall deduct from all amounts paid from this Plan any
         federal, state, or local taxes as required by law to be withheld with
         respect to such payments.

10.3     CLAIM TO ANNUAL AWARD AND EMPLOYMENT RIGHTS.  No employee or other
         person shall have any claim or right to be granted an Annual Award
         under the Plan.  Neither this Plan, nor any action taken hereunder,
         shall be construed as giving any employee any right to be retained in
         the employ of the Employer or any Affiliated Employer.

10.4     BENEFICIARIES.  Any payment pursuant to an Annual Award due under this
         Plan to a deceased participant shall be paid to the Beneficiary
         designated by the participant and filed with the Committee on the form
         attached as Exhibit B.  If no such beneficiary has been designated or
         survives the participant, payment shall be made to the participant's
         legal representative.  A beneficiary designation may be changed or
         revoked by a participant at any time provided the change or revocation
         is filed with the Committee.



                                      -7-
   10


10.5     NONTRANSFERABILITY.  A person's rights and interests under the Plan,
         including amounts payable, may not be assigned, pledged, or
         transferred, except in the event of an employee's death to a
         designated beneficiary as provided in the Plan, or in the absence of
         such designation, by will or the laws of descent and distribution.

10.6     INDEMNIFICATION.  Each person who is or was a member of the Committee
         shall be indemnified and held harmless by the Employer against and
         from any loss, cost, liability, or expense that may be imposed upon or
         reasonably incurred by him in connection with or resulting from any
         claim, action, suit, or proceeding to which he may be a party or in
         which he may be involved by reason of any action or failure to act
         under the Plan and against and from any and all amounts paid by him in
         satisfaction of judgment in any such action, suit, or proceeding
         against him.  He shall give the Employer an opportunity, at its own
         expense, to handle and defend the same before he undertakes to handle
         and defend it on his own behalf.  The foregoing right of
         indemnification shall not be exclusive of any other rights of
         indemnification to which such persons may be entitled under the
         Employer's Articles of Incorporation or Bylaws, as a matter of law, or
         otherwise, or any power that the Employer may have to indemnify them
         or hold them harmless.

10.7     RELIANCE ON REPORTS.  Each member of the Committee shall be fully
         justified in relying or acting in good faith upon any report made by
         the independent public accountants of the Employer and any Affiliated
         Employer and upon any other information furnished in connection with
         the Plan by any person or persons other than himself.  In no event
         shall any person who is or has been a member of the Committee be
         liable for any determination made or other action taken or any
         omission to act in reliance upon any such report or information or for
         any action taken, including the furnishing of information, or failure
         to act, if in good faith.

10.8     RELATIONSHIP TO OTHER BENEFITS.  No payment under this Plan shall be
         taken into account in determining any benefits under any pension,
         retirement, profit sharing, group insurance, or other benefit plan of
         the Employer or any Affiliated Employer unless the type of payments
         made under this Plan are specifically taken into account under the
         terms of such other plan.

10.9     EXPENSES.  The expenses of administering the Plan shall be paid by the
         Employer or an Affiliated Employer.

10.10    CONSTRUCTION.  Masculine pronouns and other words of masculine gender
         shall refer to both men and women.  The titles and headings of
         sections of the Plan are for convenience of reference only; and in the
         event of any conflict, the text of the Plan, rather than such titles
         or heading, shall control.

10.11    MISCONDUCT.  In the event that an executive has (a) used for profit or
         disclosed to an unauthorized person confidential information or trade
         secrets of the Employer or any Affiliated Employer; (b) breached any
         contract with or violated any fiduciary obligation of the Employer or
         any Affiliated Employer; or (c) engaged in unlawful trading in the
         securities of the Employer or an Affiliated Employer based on
         information gained as a result of that executive's employment with the
         Employer or any Affiliated Employer and has been dismissed for just
         cause therefore, then the executive shall forfeit all rights to any
         Annual Awards made under the Plan and all of that executive's
         outstanding Award Account shall automatically terminate and lapse
         unless the Committee shall determine otherwise.

10.12    SUSPENSION OF REDEMPTIONS.  The Committee shall have the right and
         complete discretion to temporarily suspend the payments under the
         Plan, but in no event shall such temporary suspension exceed 24
         calendar months.


                                      -8-
   11


10.13    GOVERNING LAW.  The Plan shall be construed, administered, and
         governed in all respects under and by the laws of the State of South
         Carolina.


                                         JPS TEXTILE GROUP, INC.
WITNESS:

                                         By:                                 
------------------------------              ---------------------------------

                                         Title:                              
------------------------------                 ------------------------------



                                      -9-
   12

                                   EXHIBIT A

                            NONCOMPETITION AGREEMENT

         THIS AGREEMENT made this _____ day of _______________, 199__, by and
between ___________________________ ("Employee) and __________________________
a Corporation organized under the laws of the State of _______________________ 
("Company").

                                    RECITALS

         WHEREAS, Employee is a participant in the JPS Textile Group, Inc.
Long-Term Incentive Plan ("Plan"), which Plan is incorporated herein by
reference;

         WHEREAS, Employee desires to enter into this Agreement in order to be
eligible for a payout from the Plan upon retirement;

         WHEREAS, the payment of a benefit upon retirement under Section 7.4 c.
of the Plan is contingent upon Employee's agreement to the terms of this
Agreement;

         WHEREAS, the Company has established a valuable and extensive
reputation, manufacturing processes, customer lists and other information of
which, by virtue of Employee's employment with the Company, Employee has full
knowledge;

         WHEREAS, the Company has a necessary and legitimate business interest
in protecting such information from disclosure to third parties which
disclosure may damage the business of the Company;

         WHEREAS, Employee recognizes that the benefits payable under the Plan
are in part being paid as consideration for this Agreement;

         NOW, THEREFORE, for the reasons and consideration stated above and for
other good and valuable consideration stated herein, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:


                                      -10-
   13

         1.      NONCOMPETITION.  During Employee's employment with the Company
and for one year beginning on the date of Employee's retirement, Employee
agrees that Employee shall not, without the prior written approval of the
Company, directly or indirectly through any other person, firm or corporation,
(i) engage or participate in or become employed by or render advisory or other
services to or for any person, firm or corporation, or in connection with any
business enterprise, which is, directly or indirectly, in competition with any
of the business operations or activities of the Company, (ii) hire, solicit,
raid, entice or induce any person or organization who on the date of
termination of employment is, or within the last six (6) months of my
employment was a customer of the Company, to become a customer of any person,
firm or corporation, and Employee shall not approach any such customer for such
purpose or knowingly approve the taking of such actions by other persons, or
(iii) solicit, raid, entice or induce any such person who on the date of
termination of my employment is, or within the last six (6) months of my
employment by the Company was, an employee of the Company, to become employed
by any person, firm or corporation, and Employee shall not approach any such
employee for such purpose or authorize or knowingly approve the taking of such
actions by any other person; provided, however, that Employee shall not be
bound by the restrictions contained in clause (i) of this Paragraph 1 if the
Company terminates my employment other than for "cause" (as defined in Section
7.4 a. of the Plan).  For the purposes hereof, a person, firm, corporation or
other business enterprise shall be deemed to be in competition with the Company
if it is a textile manufacturer or seller which sells or manufacturers, as the
case may be, products of the kind manufactured and sold by the Company, within
any geographic area in which the Company operates or sells its products.  The
parties to this Agreement agree that the above limitations are reasonable given
Employee's responsibilities with the Company and the geographic scope of the
Company's customer base and product distribution.


                                     - 11 -
   14

         2.      CONSIDERATION.  In return for such noncompetition agreement,
Company agrees to pay Employee the balance in his Award Bank under the Plan.

         3.      MERGER.  This Agreement and the Plan constitute the entire
understanding of the parties hereto with regard to the subject matter addressed
herein and all prior agreements and negotiations, both oral and written are
merged herein.

         4.      REMEDIES.  In addition to all other remedies available at law
or in equity, in the event of a breach of this Agreement, Company may terminate
the compensation and benefits otherwise payable to Employee under the Plan.
Company will have all other rights and remedies available under the Plan.

         5.      ENFORCEMENT.  If any provision or provisions of this Agreement
are found by a court of competent jurisdiction to be overbroad or unlawful in
any respect, Employee and the Company desire that such provision or provisions
be amended by the court in order to meet legal requirements.  If the court
should decline to make the necessary amendments, it is the desire of Employee
and the Company that the offending provision or provisions be excised from the
Agreement and that the remaining provisions continue in full force and effect.

         6.      ATTORNEYS' FEES.  In the event that any action is filed in
relation to this Agreement, the unsuccessful party in the action shall pay to
the successful party, in addition to all of the sums that either party may be
called upon to pay, a reasonable sum for the successful party's attorneys'
fees.

         7.      BONDING REQUIREMENTS.  Employee excuses the Company from any
bonding requirements should the Company seek injunctive relief to enforce any
provision of this Agreement.

         8.      CHOICE OF LAW.  This Agreement shall be governed by and
construed according to the laws of the State of New York.


                                     - 12 -
   15

         IN WITNESS WHEREOF, the parties have executed this Agreement the day
and year first above written.

                                      EMPLOYER:


                                      -----------------------------
WITNESS:

                                      By:                          
-----------------------------            --------------------------

                                              President


WITNESS:                              Employee:


-----------------------------         -----------------------------




                                     - 13 -