Haverty Furniture Companies (HVT) 8-K Departure of Directors or Certain Officers

EXHIBIT 10.3

PERFORMANCE RESTRICTED STOCK UNIT AWARD NOTICE

Pursuant to the terms and conditions of the Haverty Furniture Companies, Inc. 2014 Long-Term Incentive Plan (the "Plan"), you have been granted Performance Restricted Stock Units (Performance RSUs).  The general terms of this grant of Performance RSUs are outlined below.

Grant Date:	January 30, 2017
Performance Period:	January 1, 2017 – December 31, 2020
Target Number of Performance RSUs:
Performance Measure:	Net Sales
Vesting:	As Per Performance Schedule

The actual number of Performance RSUs that will vest is based on achieving the level of Net Sales during each of the four years in the Performance Period as follows:

Performance Period	Consolidated    Net Sales	Vesting %	Vesting Date
2017	> $XXX M	25 %	May 8, 2018
2018	> $ XXX M	25 %	May 8, 2019
2019	> $ XXX M	25 %	May 8, 2020
2020	> $ XXX M	25 %	May 8, 2021

Each Performance RSU is equivalent to one share of common stock upon vesting.

Until vested, the units represented by this award are not entitled to receive cash dividends and do not have the right to vote. This award will vest immediately upon a change in control, death or disability as defined in Section 2 of the Plan.  If you leave Havertys, other than in the case of death or disability, unvested awards are forfeited.  Please consult the 2014 Long-Term Incentive Plan Prospectus for a complete understanding of Havertys' equity award program.

This is a summary of the award.  The grant agreement and Plan Prospectus are the authoritative source for all questions on awards made under the Plan.