EXHIBIT 10.1 SEPARATION AGREEMENT AND WAIVER OF CLAIMS ----------------------------------------- THIS AGREEMENT is made and entered into by and between KENNETH M. LUDWIG (hereinafter referred to as "Employee") and CULP, INC., a North Carolina...Separation Agreement • December 12th, 2007 • Culp Inc • Broadwoven fabric mills, cotton • North Carolina
OPTION AGREEMENT Notice is hereby given of the following option grant (the "Option") to purchase shares of Common Stock of Culp, Inc. (the "Company") to the undersigned individual. Capitalized terms used but not otherwise defined herein shall have the...Option Agreement • December 12th, 2007 • Culp Inc • Broadwoven fabric mills, cotton
Notice is hereby given of the following option grant (the "Option") to purchase shares of Common Stock of Culp, Inc. (the "Company") to the undersigned individual. Capitalized terms used but not otherwise defined herein shall have the same meanings given them in the Culp, Inc. 2007 Equity Incentive Plan (the "Plan"). The terms of the Option are as follows:
Exhibit 10.3 CHANGE OF CONTROL AND NONCOMPETITION AGREEMENT THIS CHANGE OF CONTROL AND NONCOMPETITION AGREEMENT (the "Agreement") is made and entered into as of _______________, 2007 by and between CULP, INC., a North Carolina corporation...Change of Control and Noncompetition Agreement • December 12th, 2007 • Culp Inc • Broadwoven fabric mills, cotton • North Carolina
