THE STANLEY RETIREMENT PLAN
November 28, 1979
As Amended and Restated
January 1, 1989
April 20, 1995
On November 28, 1979, Stanley Interiors Corporation acquired, among other assets, substantially all of the
assets of the Stanley Furniture Company Division of The Mead Corporation. In connection with the acquisition,
Stanley Interiors Corporation adopted, effective November 28, 1979, the provisions of the Stanley Retirement
Plan insofar as they applied to employees of the Stanley Furniture Company Division who were participants in the
Stanley Retirement Plan and who became employees of Stanley Interiors Corporation, with the intention of
continuing the Stanley Retirement Plan for such employees. Effective November 9, 1992, Stanley Interiors
Corporation became known as Stanley Furniture Company, Inc.
The Stanley Retirement Plan was subsequently amended from time to time with the most recent amendment and
restatement being effective January 1, 1985.
Effective December 31, 1993, Stanley Furniture Company, Inc. intends to merge the assets and liabilities of the
Pension Plan of R. W. Norman Division of Stanley Interiors Corporation (the "Norman Plan") into the Stanley
Retirement Plan, with the participants of the Norman Plan becoming participants of the Stanley Retirement Plan
as of January 1, 1994.
The amended and restated Stanley Retirement Plan herein contained constitutes an amendment, effective January
1, 1989, unless otherwise indicated, to the earlier plan provisions, rather than a replacement of such plan. The
plan provisions as in effect immediately prior to this January 1, 1989 amendment and restatement, modified by
Section 6.04 and Section 10.02 of this amended and restated Plan, shall remain in effect for those Participants
who are not actively employed by the participating Employers at any time after such date. The assets held under
the Fund established pursuant to the Stanley Retirement Plan shall continue to be held pursuant to the