EXHIBIT 10.20

      

    

       

    

    PERFORMANCE CONTINGENT RESTRICTED STOCK UNITS – SALES – AWARD NOTICE

    

    

    «FIRST_NAME» «MIDDLE_NAME». «LAST_NAME»

    «HOME_STREET»

    «HOME_CITY», «HOME_PROVINCE»«HOME_POSTAL_CODE»

    

    

    Pursuant to the terms and conditions of the Haverty Furniture Companies, Inc. 2014 Long-Term Incentive Plan (the “Plan”), you have been
        granted Performance Restricted Stock Units (PRSUs) based on comparable store sales percentage increases.  The general terms of this grant of PRSUs are outlined below.

    

    

    	
            Grant Date:

          	
            January 31, 2019

          
	
            Performance Period:

          	
            January 1 – December 31, 2019

          
	
            Target Number of PRSUs:

          	
            «Number_Granted»

          
	
            Performance Measure:

          	
            Comparable Store Sales % Increase

          
	
            Vesting Date:

          	
            February 28, 2022

          


     

      

    The actual number of PRSUs that can become vested is based on achieving the level of Comparable Store Sales % Increase over 2018 (“Comp
        Increase”) during the Performance Period as noted below:

    

    

    	
             

             

            Performance Level*

          	
            Comparable Store

            Sales % Increase

            Over 2018

          	
            % Target

            Shares

            Earned

          
	
            Outstanding

          	
            XXX%

            XXX%

            XXX%

            XXX%

          	
            XXX%

            XXX%

            XXX%

            XXX%

          
	
            Target

          	
            XXX%

            XXX%

            XXX%

            XXX%

          	
            XXX%

            XXX%

            XXX%

            XXX%

          
	
            Threshold

          	
            XXX%

          	
            XXX%

          
	
            Below Threshold

          	
            < XXX%

          	
            XXX%

          


    

    

    Each PRSU is equivalent to one share of common stock upon vesting.

    

    

    Until vested, the units represented by this award are not entitled to receive cash dividends and do not have the right to vote. This award
        will vest immediately upon a change in control, death or disability as defined in Section 2 of the Plan.  If you leave Havertys, other than in the case of death, disability or retirement, unvested awards are forfeited.  Except as the Nominating,
        Compensation and Governance Committee (the “NCG Committee”) may at any time otherwise provide in their sole discretion or as required to comply with applicable law, units not vested at retirement will vest on the Vesting Date as outlined in the
        grant agreement.  Retirement shall mean voluntary retirement from Havertys, on or after age 65, upon written notice from you to the Company that you are permanently retiring from the Company and the retail furniture industry.  Please consult the 2014 Long-Term Incentive Plan Prospectus for a complete understanding of Havertys’ equity award program.

    

    

    This is a summary of the award.  The grant agreement and Plan Prospectus are the authoritative source for all questions on awards made under
        the Plan.