(e) On August 6, 2008, at the 2008 Annual Meeting of Stockholders (the "Annual Meeting") of Xerium Technologies, Inc. (the "Company"), the stockholders of the Company approved Amendment No. 1 ("Amendment No. 1") to the Company's 2005 Equity Incentive Plan (the "Plan"), which increased the aggregate number of shares of common stock that may be delivered under or in satisfaction of awards under the Plan from 2,500,000 to 7,500,000. Amendment No. 1 was approved by the Company's Board of Directors on July 3, 2008.

At the Annual Meeting, the stockholders of the Company also approved Amendment No. 2 ("Amendment No. 2") to the Plan, which increased the maximum number of shares of stock for which options and stock appreciation rights may be granted under the Plan to any participant in a calendar year from 500,000 to 750,000, and increased the maximum number of shares of stock subject to other awards that may be granted under the Plan to any participant in a calendar year from 500,000 to 750,000. Amendment No. 2 was approved by the Company's Board of Directors on July 3, 2008.

At the Annual Meeting, the stockholders of the Company also approved the Performance Criteria terms ("Performance Criteria"), which will apply to any to performance-based awards granted under the Plan after August 6, 2008 that are intended to qualify for exemption from the deduction limitation rules of
Section 162(m) of the Internal Revenue Code by reason of the "performance based compensation" exception to those rules. The Performance Criteria were approved by the Company's Board of Directors on July 3, 2008.

The descriptions of Amendment No. 1, Amendment No. 2 and the Performance Criteria are qualified in their entirety by reference to the full text of Amendment No. 1, Amendment No. 2 and the Performance Criteria, which are filed as Exhibits 10.1, 10.2 and 10.3 hereto, and incorporated herein by reference.

Also on August 6, 2008, the Company's Board of Directors approved a one-time bonus payment of $331,512 to Stephen R. Light, the Company's President, Chief Executive Officer, and Chairman, in connection with the relocation of Mr. Light's principal residence from the Seattle, Washington area to Raleigh, North Carolina.

(d) Exhibits

The following exhibits are furnished herewith.

Exhibit No.     Description
10.1            Amendment No. 1 to the 2005 Equity Incentive Plan.

10.2            Amendment No. 2 to the 2005 Equity Incentive Plan.

10.3            Performance Criteria Terms for Performance-Based Awards Under the
                2005 Equity Incentive Plan