FIELDCREST CANNON, INC. Inter-Office Correspondence July 29, 1993 Mr. K. M. Finlay Kannapolis RE: Amendment to Employee Retention Agreement Dear Kevin: You and Fieldcrest Cannon, Inc. (the "Company") entered into an Employee Retention Agreement...

                               FIELDCREST XXXXXX, INC.

                             Inter-Office Correspondence

                                    July 29, 1993





Xx. X. X. Xxxxxx 
Kannapolis

RE: Amendment to Employee Retention Agreement

Dear Xxxxx:

     You and Fieldcrest  Xxxxxx,  Inc. (the "Company")  entered into an Employee
Retention Agreement effective July 9, 1993. The Company now deems it appropriate
to amend  Subsection  5(c) of the Employee  Retention  Agreement by deleting the
phrase  "or if your  employment  with the  Company is  terminated  by you or the
Company for any reason (other than your death,  Disability or Retirement) within
six (6)  months  after a Change in  Control"  therefrom.  For good and  adequate
consideration,  the  receipt of which is hereby  acknowledged,  you agree to the
foregoing  amendment.  Kindly sign and return to the Company this letter,  which
will then constitute our agreement on this subject.

                                   Sincerely,

                                   FIELDCREST XXXXXX, INC.



                                   By:  /s/ Xxxxx X. Xxxxxxxxxxx
                                        Chairman and Chief
                                          Executive Officer


Agreed to this 2nd day of August, 1993:


/s/ X. X. Xxxxxx
    Signature

X. X. Xxxxxx
    Print Name

Address:

18912 Peninsula Pointe Dr.

Huntersville, NC  28078