INTERFACE, INC.



                           NONQUALIFIED SAVINGS PLAN





         Effective as of the 1st day of January, 2002, Interface, Inc. (the

"Controlling Company") hereby amends and restates the Interface, Inc.

Nonqualified Savings Plan (the "Plan").





                             BACKGROUND AND PURPOSE



         A.       BACKGROUND. The Plan was initially adopted effective January

1, 1997. The Plan, as set forth in this plan document, is an amendment and

restatement and continuation of the Plan as previously set forth. This

restatement generally is effective as of January 1, 2002.



         B.       GOAL. The Controlling Company desires to provide its

designated key management and highly compensated employees (and those of its

affiliated companies that participate in the Plan) with an opportunity (i) to

defer the receipt and income taxation of a portion of such employees' annual

compensation, and (ii) to receive, on a deferred basis, matching contributions

made with respect to at least a portion of such employees' own deferrals.



         C.       COORDINATION WITH 401(K) PLAN. The Plan is intended to allow

eligible employees to maximize the retirement benefits they otherwise would be

able to attain under the Controlling Company's 401(k) plan (or the 401(k) plan

of a participating affiliate company), but for the limits on contributions and

benefits applicable to such plan under the Internal Revenue Code of 1986, as

amended (the "Code"); including, without limitation, the maximum limits on

compensation, employee deferrals and allocations (under Code Sections

401(a)(17), 402(g) and 415, respectively); and the discrimination testing

limits (under Code Sections 401(k) and 401(m)).



         D.       PURPOSE OF THIS RESTATEMENT. The purpose of this amendment

and restatement of the Plan document is to incorporate amendments made to the

Plan since its adoption, and to provide employees with the ability to select

deemed investments for the investment of their deferred amounts.



         E.       TYPE OF PLAN. The Plan constitutes an unfunded, nonqualified

deferred compensation plan that benefits certain designated employees who are

within a select group of key management or highly compensated employees.





                             STATEMENT OF AGREEMENT



         To amend and restate the Plan with the purposes and goals as

hereinabove described, the Controlling Company hereby sets forth the terms and

provisions as follows:











                                INTERFACE, INC.

                           NONQUALIFIED SAVINGS PLAN



                               TABLE OF CONTENTS









                                                                                                                PAGE

                                                                                                             

ARTICLE I DEFINITIONS.............................................................................................1



   1.1      ACCOUNT...............................................................................................1

   1.2      ADMINISTRATIVE COMMITTEE..............................................................................1

   1.3      BENEFICIARY...........................................................................................1

   1.4      BOARD.................................................................................................1

   1.5      CAUSE.................................................................................................1

   1.6      CHANGE IN CONTROL.....................................................................................1

   1.7      CODE..................................................................................................2

   1.8      COMPENSATION..........................................................................................2

   1.9      CONTROLLED GROUP......................................................................................2

   1.10     CONTROLLING COMPANY...................................................................................2

   1.11     DEFERRAL CONTRIBUTIONS................................................................................2

   1.12     DEFERRAL ELECTION.....................................................................................2

   1.13     DISABILITY OR DISABLED................................................................................3

   1.14     DISCRETIONARY CONTRIBUTIONS...........................................................................3

   1.15     EFFECTIVE DATE........................................................................................3

   1.16     ELIGIBLE EMPLOYEE.....................................................................................3

   1.17     ERISA.................................................................................................3

   1.18     FINANCIAL HARDSHIP....................................................................................3

   1.19     INVESTMENT ELECTION...................................................................................4

   1.20     INVESTMENT FUNDS......................................................................................4

   1.21     INVOLUNTARY TERMINATION...............................................................................4

   1.22     MATCHING CONTRIBUTIONS................................................................................4

   1.23     PARTICIPANT...........................................................................................4

   1.24     PARTICIPATING COMPANY.................................................................................4

   1.25     PERMITTED HOLDERS.....................................................................................4

   1.26     PLAN..................................................................................................4




 

 

	

		

		

		
        End 
        of Preview
	


 


Home        

Intelligence        


Services        


Subscriptions        


News        

About Us



Contact Us       


Terms of Use       


Resend Documents      


Shopping Cart



Copyright © 2008 The Consus Group LLC