Knoll (KNL) 10-Q 2014 Q2 Quarterly report

EXHIBIT 10.2

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT

This Amendment No. 1 to the Employment Agreement (the “Amendment”) is entered into as of this 12th day of June, 2014, between Knoll, Inc., a Delaware corporation (the “Company”), and Lynn M. Utter (“Executive”).

WHEREAS, the parties wish to amend the March 3, 2008 Employment Agreement between Executive and the Company (the “Agreement”), as hereinafter set forth;

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to become legally bound, the parties agree as follows:

1.All defined terms contained in this Amendment shall have the meanings ascribed to them in the Agreement.

2.Executive’s “Base Salary” is changed to be $425,000 effective as of July 1, 2014.

3.Except as specifically set forth herein, the terms of the Agreement shall remain unchanged.

IN WITNESS WHEREOF, each of the parties has duly executed this Agreement effective as of the date first above written.

KNOLL, INC.

By:	/s/ Craig B. Spray
	Name: Craig B. Spray
	Title: Senior Vice President and Chief Financial Officer

/s/ Lynn M. Utter

Lynn M. Utter

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