FIRST AMENDMENT TO LEASE
This FIRST AMENDMENT TO LEASE (this "Amendment") is made this 1st day of July, 1993 by and between
INTERMEAD, INC. (successor in interest to The Mead Corporation), an Ohio corporation qualified to transact
business in Virginia (the "Lessor") and STANLEY FURNITURE COMPANY, INC. (formerly known as
Stanley Interiors Corporation), a Delaware corporation qualified to transact business in Virginia (the "Lessee").
A. Pursuant to a certain Lease dated as of October 15, 1979 between The Mead Corporation, as lessor, and
Stanley Interiors Corporation, as lessee, as amended by a certain Settlement Agreement and Amendment to
Asset Purchase Agreement and Lease dated as of March 10, 1981 (collectively, the "Lease"), the Lessee
currently leases from Lessor certain real property situated in Henry County, Virginia; Franklin County, Virginia;
City of Waynesboro, Virginia; Moore County, North Carolina; and Rowan County, North Carolina (collectively,
the "Leased Premises").
B. Pursuant to a certain Assignment of Lease dated as of February 1, 1982, The Mead Corporation assigned its
interest in the Lease to the Lessor. In addition, pursuant to a deed dated the same day, The Mead Corporation
conveyed the Leased Premises to the Lessor, by deed recorded prior hereto, subject to the terms of the Lease.
C. The Lessor and the Lessee now desire to amend the Lease as hereinafter provided.
NOW, THEREFORE, for and in consideration of Ten Dollars ($10.00) and other good and valuable
considerations, the receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby
covenant and agree as follows:
1. Release of a Portion of the Leased Premises from the Terms of the Lease. Notwithstanding the provisions of
Article XVIII of the Lease, the Lessor and Lessee have agreed to sell that portion of the Leased Premises
located in the City of Waynesboro, Virginia, as more particularly described on Exhibit A attached hereto and