EXHIBIT 10.2
PIER 1 IMPORTS, INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
Effective May 1, 1986
Restated as of January 1, 1996
PIER 1 IMPORTS, INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
ARTICLE I-PURPOSE
The purpose of this Supplemental Executive Retirement Plan (hereinafter referred to as the "Plan") is to provide
supplemental retirement benefits for a select group of management or highly compensated employees of Pier 1
Imports, Inc. It is intended that the Plan will aid in retaining and attracting employees of exceptional ability by
providing such individuals with these benefits. This Plan shall be effective as of May 1, 1986, and shall be
restated as of January 1, 1996.
ARTICLE II-DEFINITIONS
For the purposes of this Plan, the following terms shall have the meanings indicated unless the context clearly
indicates otherwise:
2.1 Beneficiary
"Beneficiary" means the person, persons or entity entitled under Article V to receive Plan benefits after a
Participant's death.
gross or willful misconduct; or
(c) Has been convicted of either a felony or a crime involving moral turpitude or entered a plea of nolo contendre
in response to an indictment for such crime or felony; or
(d) Has intentionally disclosed confidential information of the Employer except when such disclosure is made
pursuant to the direction of the Employer or in accordance with Employer policy; or
(e) Has engaged in competitive behavior against the Employer, has purposely aided a competitor of the Employer
or has misappropriated or aided in misappropriating a material opportunity of the Employer.
2.2 Board
"Board" means the Board of Directors of Pier 1 Imports, Inc.
2.3 Cause
"Cause" means that the Participant:
(a) Has misappropriated, stolen or embezzled funds of the
Employer; or
(b) Has committed an act of deceit, fraud, dereliction of duty, or
PIER 1 IMPORTS, INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
ARTICLE I-PURPOSE
The purpose of this Supp