EXHIBIT 10.5
FOURTH AMENDMENT TO CHANGE IN CONTROL AGREEMENT
This Fourth Amendment to Change in Control Agreement ("Amendment") is
made and entered into as of the 24th day of July, 2001, by and between
INTERFACE, INC. (the "Company") and XXX X. XXXXXXXX ("Executive").
W I T N E S S E T H :
WHEREAS, the Company and Executive did enter into that certain Change
in Control Agreement dated as of April 1, 1997, as previously amended (the
"Agreement"); and
WHEREAS, the parties hereto desire to modify the Agreement in certain
respects, as set forth in this Amendment.
NOW, THEREFORE, in consideration of the mutual covenants and
undertakings contained herein, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:
1. The reference in Section 2 of the Agreement to "Executive's
63rd birthday" is hereby changed to "Executive's 70th birthday."
2. The Agreement, as expressly modified by this Amendment, shall
remain in full force and effect in accordance with its terms and continue to
bind the parties.
IN WITNESS WHEREOF, Executive has executed this Amendment, and the
Company has caused this Amendment to be executed by a duly authorized
representative, as of the date first set forth above.
INTERFACE, INC.
By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx
President and Chief Executive Officer
EXECUTIVE:
/s/ Xxx X. Xxxxxxxx
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Xxx X. Xxxxxxxx
