Exhibit 10.20
FORM OF SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
This Second Amendment to Employment Agreement ("Amendment") is made and
entered into as of the 14th day of January, 1999, by and between INTERFACE, INC.
(the "Company") and ___________________ ("Executive").
W I T N E S S E T H :
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WHEREAS, the Company and Executive did enter into that certain
Employment 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. All capitalized terms used in this Amendment, unless otherwise
defined herein, shall have the same meanings ascribed to such terms in the
Agreement.
2. Section 5(c) of the Agreement is hereby amended to delete the
language "Except to the extent provided in clause (x) hereof," which appears at
the beginning of the penultimate sentence of Section 5(c). That sentence shall
now read as follows: "Executive shall have no duty to mitigate any of the
damages payable hereunder."
3. Section 5(c)(x) of the Agreement is hereby amended to delete all of
clause (x) except the last sentence thereof.
4. 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: _______________________________
Xxx X. Xxxxxxxx
Chairman and CEO
EXECUTIVE:
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