**                                            EXHIBIT    4.1**

**AMENDMENT        TO NOTE PURCHASE**

**AND      PRIVATE SHELF AGREEMENTS**

**THIS      AMENDMENT TO NOTE PURCHASE AND      PRIVATE SHELF AGREEMENTS **
***Amendment***
***Company***
***PICA***
***“Pruco”***
***“PRIAC”***
***Hartford***
***“Mutual”***
***Medica***
***Noteholders***

**WITNESSETH:**

***1995 Note      Agreement***
***2007 Note      Agreement***
***Note Agreements”***

**Amendment**

***Consolidated      Net      Earnings***

***Consolidated Net Loss***

**Conditions      to Effectiveness of this Amendment**
**.**

**Representations      and Warranties**
**.**

**Effect      of Amendment**

**Governing      Law**
**. **

**No      Novation**
**.**

**Costs      and Expenses**

**Counterparts**
**.**
This      Amendment may be executed by one or more of the parties      hereto in any number of separate counterparts, each of which shall be deemed      an      original and all of which, taken together, shall be deemed to constitute one      and      the same instrument.  Delivery of an executed counterpart of this      Amendment by facsimile transmission or by electronic mail in pdf form shall      be      as effective as delivery of a manually executed counterpart      hereof.

**Binding      Nature**
**.**

**Entire      Understanding**
**.**

*Signature      Pages To Follow*

----

**STANLEY      FURNITURE COMPANY, INC.**

|  By:          /s/              Douglas I.              Payne             |   |   |
|---------------------------------------------------------------------------------------------------------------------------------|--------|--------|
|  Name:    Douglas              I. Payne                                                                |   |   |
|  Title:      Exective              Vice-President              - Finance & Adminstration |   |   |

| **THE                PRUDENTIAL INSURANCE COMPANY OF                AMERICA** |
|-------------------------------------------------------------------------------|
| By:/s/              Jay S.              White                                 |
| Name:              Jay S. White                                               |
| Title:              Vice President                                            |

|  **HARTFORD                LIFE INSURANCE COMPANY**                             |
|--------------------------------------------------------------------------------------|
|                                                                                 |
|  By:                Prudential Private Placement Investors, LP                  |
|  (as                Investment Advisor)                                         |
|                                                                                 |
|  By:                Prudential Private Placement Investors,                Inc. |
|  (as                its General Partner)                                        |
|                                                                                 |
|  By:/s/                Jay S.                White                              |
|  Name:                Jay S. White                                              |
|  Title:                Vice President                                           |

|  **MEDICA                HEALTH PLANS**                                               |
|--------------------------------------------------------------------------------------------|
|  By:                Prudential Private Placement Investors, LP                        |
| (as                Investment Advisor)                                                     |
|                                                                                       |
|  By:                Prudential Private Investment                Investors, Inc. |
| (as                its                General Partner)                                     |
|                                                                                       |
|  By:/s/                Jay S. White                                    |
|  Name:                Jay S. White                                                    |
|  Title:                Vice President                                                 |
|                                                                                       |

**                                            **

|  **PRUCO                LIFE INSURANCE COMPANY OF NEW                JERSEY** |
|------------------------------------------------------------------------------------|
|                                                                               |
|  By:/s/                Jay S.White                                       |
|  Name:                Jay S. White                                            |
|  Title:                Assistant Vice                President                |

|  **PRUDENTIAL              RETIREMENT INSURANCE AND ANNUITY              COMPANY**      |
|----------------------------------------------------------------------------------------------|
|  By:               Prudential Investment Management,              Inc.,            |
|  as              investment manager                                                     |
|                                                                                         |
|  By:/s/              Jay S.              White                                          |
|  Name:              Jay S.              White        |
|  Title:              Vice President                                                     |
|                                                                                         |

|  **MUTUAL              OF OMAHA INSURANCE COMPANY**                         |
|----------------------------------------------------------------------------------|
|  By: Prudential              Private Placement              Investors, |
|  LP              (as Investment Advisor)                                    |
|                                                                             |
|  By:Prudential              Private Placement Investors, Inc.               |
|  (as              its General Partner)                                      |
|                                                                             |
|  By:/s/              Jay S.              White                              |
|  Name:              Jay S. White                                            |
| Title:              Vice President                                               |