KIMBALL INTERNATIONAL, INC.
LONG TERM PERFORMANCE SHARE AWARD
This Long Term Performance Share Award ("LTPSA") dated the 22nd day of August 2006 is awarded by Kimball International,
Inc., an Indiana corporation ("Company") to ______________ ("Recipient") pursuant to the terms of the Company's 2003
Stock Option and Incentive Plan ("Plan").
WHEREAS the Compensation Committee of the Company ("Committee") believes it to be in the best interests of the Company
and its shareowners, for its employees to obtain or increase their shareowner interests in the Company in order that they will
have a greater incentive to work for and manage the Company's affairs in such a way that its shares may become more valuable,
thereby aligning the personal interests of employees to the Company shareowners; and
WHEREAS the Recipient is employed by the Company or one of its subsidiaries;
Now therefore, in consideration of these premises and of services to be performed by the Recipient, the Company hereby makes
this LTPSA to the Recipient on the following terms and conditions hereafter expressed and subject to the terms of the Plan.
The Company hereby awards to the Recipient a total of ____ (________________) shares of Class __ Common Stock
("Common Stock") of the Company, to be awarded in equal installments over the succeeding five (5) fiscal years of the
Company ("Annual Installment") based upon the following schedule:
____ shares for the fiscal year ending June 30, 2007
____ shares for the fiscal year ending June 30, 2008
____ shares for the fiscal year ending June 30, 2009
____ shares for the fiscal year ending June 30, 2010
____ shares for the fiscal year ending June 30, 2011
EXPIRATION OF AWARD
The LTPSA expires upon the final grant of shares or forfeiture of award, as the case may be, pursuant to the terms of this
SHARES OF AWARD
Shares of the Annual Installment to be granted will be determined by the Worldwide Category 1 bonus co