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8-K - 8-K 2016 NON-EQUITY EXECUTIVE INCENTIVE AWARDS - KNOLL INCa8-kdecember92015.htm
EX-10.2 - EXHIBIT 10.2 - KNOLL INCex102-craigspray.htm
EX-10.1 - EXHIBIT 10.1 - KNOLL INCex101-andrewcogan.htm
EX-10.3 - EXHIBIT 10.3 - KNOLL INCex103-benjaminpardo.htm


Exhibit 10.4

December 3, 2015

Pam Ahrens
East Greenville, PA

Dear Pam:
It is my pleasure to inform you that you will be a participant in the 2016 Knoll, Inc. Incentive Compensation Program.
We are counting on you to help us build on the positive momentum we created in 2015 across each of our business segments. We must strive to continue to gain share, improve our profitability, target under-penetrated markets, expand our reach into consumer and decorator channels and build a responsible and technologically efficient infrastructure across all our businesses to position Knoll for success in 2016 and beyond.
If Knoll makes its 2016 operating profit target, Knoll’s Office segment exceeds its segment operating profit plan, and meets the NAO orders and price plan and you achieve your individual objectives you can qualify for a total target incentive payout of one hundred percent (100%) of your base salary.
This award is subject to my approval and that of the Knoll, Inc. Board of Directors (or appropriate committee of the Knoll, Inc. Board of Directors), which may exercise discretion in adjusting your award up or down based on factors the Board of Directors (or appropriate committee of the Knoll, Inc. Board of Directors) deems appropriate, including Knoll’s performance relative to the industry, other macroeconomic factors and your individual performance. You must be employed by Knoll on the date this award is distributed in order to receive this incentive.
I have great confidence in your ability to contribute to our success in 2016 and look forward to being able to present you with your award in early 2017.
Thank you for all that you do for Knoll.
Sincerely,
/s/ Andrew Cogan                    
Andrew Cogan                        
CEO