Exhibit 10.2 Summary Sheet of Executive Cash Compensation



 Exhibit 10.2 

SUMMARY SHEET OF EXECUTIVE CASH COMPENSATION 

This Summary Sheet is being updated to reflect the adoption by the Company’s Compensation Committee (the “Committee”), on March 21,
2018, of the 2018 Award Formula under the Key Officers Incentive Plan (“KOIP”), as described below. 
 As previously reported, the
following table sets forth annual base salaries provided to the Company’s principal executive officer, principal financial officer and other named executive officers in 2017 and as adopted for 2018 by the Committee on November 6, 2017.

  

									
	 Named Executive Officers
	  	2017 Base
Salary	 	  	2018 Base
Salary	 
	 Karl G. Glassman, President and CEO
	  	$	1,175,000	 	  	$	1,225,000	 
	 Matthew C. Flanigan, EVP and CFO
	  	$	550,000	 	  	$	572,000	 
	 Perry E. Davis, EVP, President - Residential Products & Industrial Products
	  	$	500,000	 	  	$	512,000	 
	 J. Mitchell Dolloff, EVP, President - Specialized Products & Furniture Products
	  	$	500,000	 	  	$	512,000	 
	 Scott S. Douglas, SVP - General Counsel & Secretary1
	  	$	330,000	 	  	$	380,000	 
	 Jack D. Crusa, SVP - Operations (through
12/31/2017)2
	  	$	152,000	 	  	 	N/A	 

  

	1 	Mr. Douglas’ base salaries are included in this disclosure because he is expected to be included as a named executive officer in the Company’s definitive proxy statement for the 2018 Annual Shareholders
Meeting. 


	2 	Mr. Crusa retired as of December 31, 2017. As part of Mr. Crusa’s retirement transition, he continued to receive an annual base salary of $380,000 until April 2, 2017 when such rate was reduced
to $190,000. His salary rate was further reduced to $152,000 on July 9, 2017. He will not receive a salary in 2018. 

 Except as noted
below, the named executive officers are eligible to receive an annual cash incentive under the Company’s 2014 KOIP (filed March 25, 2014 as Appendix A to the Company’s Proxy Statement) in accordance with the 2018 KOIP Award Formula
(adopted March 21, 2018 and filed March 26, 2018 as Exhibit 10.1 to the Company’s Form 8-K). Each executive’s cash award is calculated by multiplying his annual base salary at the end of
the KOIP plan year by a percentage set by the Committee (the “Target Percentage”), then applying the award formula adopted by the Committee for that year. Corporate Participants and Profit Center Participants have separate award
calculations based on factors defined in the 2018 KOIP Award Formula. These factors include the achievement of Return on Capital Employed (60% relative weight), Cash Flow (for Glassman, Flanigan and Douglas) and Free Cash Flow (for Davis and
Dolloff) each at 20% relative weight, and Individual Performance Goals established outside the KOIP (20% relative weight). As previously reported, the Target Percentages in 2017, and as adopted for 2018 by the Committee on November 6, 2017, for
the principal executive officer, principal financial officer, and other named executive officers are shown in the following table. 
  

									
	 Named Executive Officers
	  	2017 KOIP
Target
Percentage	 	 	2018 KOIP
Target
Percentage	 
	 Karl G. Glassman, President and CEO
	  	 	120	% 	 	 	120	% 
	 Matthew C. Flanigan, EVP and CFO
	  	 	80	% 	 	 	80	% 
	 Perry E. Davis, EVP, President - Residential Products & Industrial Products
	  	 	80	% 	 	 	80	% 
	 J. Mitchell Dolloff, EVP, President - Specialized Products & Furniture Products
	  	 	80	% 	 	 	80	% 
	 Scott S. Douglas, SVP - General Counsel & Secretary1
	  	 	50	% 	 	 	50	% 
	 Jack D. Crusa, SVP - Operations (through
12/31/2017)2
	  	 	N/A	 	 	 	N/A	 

  

	1 	Mr. Douglas’ Target Percentages are included in this disclosure because he is expected to be included as a named executive officer in the Company’s definitive proxy statement for its 2018 Annual
Shareholders Meeting. 









	2 	Mr. Crusa retired as of December 31, 2017. As determined in January 2017, as part of Mr. Crusa’s retirement transition, he participated, in 2017, in the Company’s Key Management Incentive
Compensation Plan (the “KMICP”), which is a cash bonus plan for non-executive officers. The KMICP award formula for Mr. Crusa was adopted on March 22, 2017 and included performance
objectives based on Return on Capital Employed (70% relative weight) and Free Cash Flow (30% relative weight). It was calculated by multiplying his weighted average annual base salary for 2017 by his target percentage of 60%, then applying the award
formula. For more information about the KMICP as it applied to Mr. Crusa for 2017, refer to the Company’s Form 8-K filed March 27, 2017. Because of his retirement, Mr. Crusa will not
participate in the KOIP or the KMICP in 2018. 

 Individual Performance Goals. As previously reported, on November 6, 2017,
the Committee adopted Individual Performance Goals (“IPGs”) for our named executive officers. The 2017 and 2018 KOIP Award Formulas recognize that 20% of each executive’s cash award in 2017 and 2018 respectively, under our KOIP
will be based on the achievement of the IPGs. The IPGs for our named executive officers in 2018 are, and for 2017, were: 
  

					
	 Named Executive Officers
	  	 2017 IPGs
	  	 2018 IPGs

	 Karl G. Glassman
 President and
CEO
	  	Strategic planning and succession planning	  	Implementation of growth strategy and succession planning
			
	 Matthew C. Flanigan
 EVP and CFO
	  	Strategic planning, information technology projects, succession planning and efficiency initiatives	  	Implementation of growth strategy, succession planning and financial partner initiatives
			
	 Perry E. Davis
 EVP, President -
Residential
 Products & Industrial Products
	  	Growth initiatives and succession planning	  	Supply chain and growth initiatives and succession planning
			
	 J. Mitchell Dolloff
 EVP, President -
Specialized
 Products & Furniture Products
	  	Strategic planning, succession planning and efficiency initiatives	  	Implementation of growth strategy, succession planning and efficiency initiatives
			
	 Scott S. Douglas1

SVP - General Counsel &
 Secretary
	  	Strategic planning, succession planning and cost initiatives	  	Implementation of growth strategy and succession planning
			
	 Jack D. Crusa2

SVP – Operations (through 12/31/2017)
	  	None assigned	  	N/A

  

	1 	Mr. Douglas’ IPGs are being disclosed because he is expected to be included as a named executive officer in the Company’s definitive proxy statement for the 2018 Annual Shareholders Meeting.



	2 	Mr. Crusa retired as of December 31, 2017. As part of Mr. Crusa’s retirement transition, he participated in the KMICP in 2017, which is a cash bonus plan for
non-executive officers. As such, he did not receive IPGs for 2017. Given his December 31, 2017 retirement, Mr. Crusa will not have IPGs in 2018. 


The achievement of the IPGs is measured by the following schedule. 

Individual Performance Goals Payout Schedule 

(1-5 scale) 
  

					
	 Achievement
	  	Payout	 
	 1 - Did not achieve goal
	  	 	0	% 
	 2 - Partially achieved goal
	  	 	50	% 
	 3 - Substantially achieved goal
	  	 	75	% 
	 4 - Fully achieved goal
	  	 	100	% 
	 5 - Significantly exceeded goal
	  	 	up to 150	% 


  
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