KIMBALL INTERNATIONAL, INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
Article 1 -- Name and Purpose of Plan
The name of this Plan is the Kimball International, Inc. Supplemental Executive Retirement Plan (the "Plan" or the
"SERP"). Its purpose is to provide a select group of United States officers and senior managers employed by
Kimball International, Inc. (the Company) with the opportunity to defer cash compensation otherwise payable to
them as employees of the Company. The Plan shall be administered by the SERP Committee as provided in
Article 2 -- Effective Date of Plan; Plan Year
The Plan shall be effective as of July 1, 1994--the first day of the Company's 1994-95 fiscal year. Beginning
January 1, 1996 the Plan Year shall be the calendar year.
Article 3 -- Participants
Each person who is a United States officer or senior manager of the Company on or after the Effective Date (an
"Eligible Employee") shall be eligible to participate in the Plan, but only during the period of time that he is and
remains a member of the Company's Executive Committee; provided, however, that a member of the Executive
Committee may only be an "Eligible Employee" if that person is one of the highest 4% paid employees of the
Company. Any Eligible Employee who elects to participate in the Plan shall hereinafter be called a "Participant."
The Company shall establish for each Participant a deferred compensation account, as specified in Article 5.
Article 4 -- Deferral Election
Each Participant shall be entitled to make an advance written irrevocable election to defer receipt of up to 50%
of the cash compensation otherwise payable by the Company to him for the 1994-95 fiscal year of the Company,
and up to 10% of the cash compensation otherwise payable by the Company to him for any later year. Such
election may be expressed in terms of a percentage or percentages of compensation, or if permitted by the SERP
Committee, a specified dollar amount. This written election sh