FURNITURE BRANDS INTERNATIONAL, INC.
DEFERRED COMPENSATION PLAN




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FURNITURE BRANDS INTERNATIONAL, INC.
DEFERRED COMPENSATION PLAN
 Table of Contents
 Page1.
    

INTRODUCTION
    
    
    11.1.
    
    
    

History of Plan and Adoption of Amendment
    
    
    11.2.
    
    
    

Purposes of Plan
    
    
    11.3.
    
    
    

Top Hat Plan
    
    
    11.4.
    
    
    

Plan Unfunded
    
    
    11.5.
    
    
    

Effect of Amendment and Restatement
    
    
    12.
    

DEFINITIONS AND CONSTRUCTION
    
    
    22.1.
    
    
    
    Definitions
    
    
    22.1.1.
    
    
    
    Account
    
    
    22.1.2.
    
    
    
    Additions
    
    
    22.1.3.
    
    
    
    Bonus Compensation
    
    
    22.1.4.
    
    
    
    Base Salary Compensation
    
    
    22.1.5.
    
    
    
    Beneficiary
    
    
    22.1.6.
    
    
    
    Board
    
    
    22.1.7.
    
    
    
    Business Day
    
    
    22.1.8.
    
    
    
    Change in Control
    
    
    32.1.9.
    
    
    
    Code
    
    
    32.1.10.
    
    
    
    Committee
    
    
    32.1.11.
    
    
    
    Company
    
    
    32.1.12.
    
    
    
    Company Matching Credit
    
    
    32.1.13.
    
    
    
    Deferral
    
    
    42.1.14.
    
    
    
    Disabled
    
    
    4
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2.1.15.
    
    
    
    Effective Date
    
    
    42.1.16.
    
    
    
    Election of Deferral/Distribution
    
    
    42.1.17.
    
    
    
    Eligible Employee
    
    
    42.1.18.
    
    
    
    Employee
    
    
    42.1.19.
    
    
    
    ERISA
    
    
    42.1.20.
    
    
    
    Participant
    
    
    42.1.21.
    
    
    
    Plan
    
    
    52.1.22.
    
    
    
    Plan Year
    
    
    52.1.23.
    
    
    
    Separation from Service
    
    
    52.1.24.
    
    
    
    Specified Employee
    
    
    52.1.25.
    
    
    
    Unforeseeable Emergency
    
    
    52.1.26.
    
    
    
    Valuation Date
    
    
    52.2.
    
    
    
    Number and Gender
    
    
    52.3.
    
    
    
    Headings
    
    
    63.
    
    ELIGIBILITY AND PARTICIPATION
    
    
    63.1.
    
    
    
    Eligibility
    
    
    63.2.
    
    
    
    Participation
    
    
    63.3.
    
    
    
    Commencement of Participation
    
    
    63.4.
    
    
    
    Cessation of Active Participation
    
    
    64.
    
    DEFERRALS AND ADDITIONS
    
    
    64.1.
    
    
    
    Election of Deferral/Distribution
    
    
    64.2.
    
    
    
    Crediting to Account
    
    
    84.3.
    
    
    
    Additions
    
    
    84.4.
    
    
    
    Cancellation of deferral elections following a Hardship Distribution
    
    
    85.
    
    ACCOUNTS
    
    
    8
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5.1.
    
    
    

Establishment of Bookkeeping Accounts
    
    
    85.2.
    
    
    

Hypothetical Nature of Accounts
    
    
    86.
    

PAYMENT OF ACCOUNT
    
    
    96.1.
    
    
    

Timing and Form of Distribution of Benefits
    
    
    96.2.
    
    
    

Vesting
    
    
    106.3.
    
    
    

Valuation
    
    
    106.4.
    
    
    

Death
    
    
    106.5.
    
    
    

Designation of Beneficiaries
    
    
    106.6.
    
    
    

Unclaimed Benefits
    
    
    116.7.
    
    
    

Hardship Withdrawals
    
    
    116.8.
    
    
    

Actual Date of Payment
    
    
    117.
    

ADMINISTRATION
    
    
    127.1.
    
    
    

Committee
    
    
    127.2.
    
    
    

General Powers of Administration
    
    
    127.3.
    
    
    

Decisions
    
    
    128.
    

DETERMINATION OF BENEFITS, CLAIMS PROCEDURE AND ADMINISTRATION
    
    
    128.1.
    
    
    

Claims
    
    
    128.2.
    
    
    

Claim Decision
    
    
    128.3.
    
    
    

Request for Review
    
    
    138.4.
    
    
    

Review of Decision
    
    
    138.5.
    
    
    

Special Disability Time Limits and Procedures
    
    
    148.6.
    
    
    

Discretionary Authority
    
    
    159.
    

MISCELLANEOUS
    
    
    159.1.
    
    
    

No Contract of Employment
    
    
    159.2.
    
    
    

Non Assignability of Benefits
    
    
    16
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9.3.
    
    
    

Amendment and Termination
    
    
    169.4.
    
    
    

Unsecured General Creditor Status Of Employee
    
    
    169.5.
    
    
    

Severability
    
    
    179.6.
    
    
    

Governing Laws
    
    
    179.7.
    
    
    

Binding Effect
    
    
    179.8.
    
    
    

Tax Consequences
    
    
    179.9.
    
    
    
    Obligor
    
    
    17
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FURNITURE BRANDS INTERNATIONAL, INC.
DEFERRED COMPENSATION PLAN
 1.
    
    INTRODUCTION
 1.1.
    
    History of Plan and Adoption of Amendment.
   1.2.
    
    Purposes of Plan.
  1.3.
    
    Top Hat Plan.
  1.4.
    
    Plan Unfunded.
  1.5.
    
    Effect of Amendment and Restatement.
  1




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2.
    
    DEFINITIONS AND CONSTRUCTION
 2.1.
    
    Definitions.
  2.1.1.
    
    Account.
  2.1.2.
    
    Additions.
  2.1.3.
    
    Bonus Compensation.
  2.1.4.
    
    Base Salary Compensation.
  2.1.5.
    
    Beneficiary.
  2.1.6.
    
    Board.
  2.1.7.
    
    Business Day.
  2




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2.1.8.
    
    Change in Control.
  2.1.9.
    
    Code.
  2.1.10.
    
    Committee.
  2.1.11.
    
    Company.
  2.1.12.
    
    Company Matching Credit.
  3




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2.1.13.
    
    Deferral.
  2.1.14.
    
    Disabled.
  2.1.15.
    
    Effective Date.
  2.1.16.
    
    Election of Deferral/Distribution.
  2.1.17.
    
    Eligible Employee.
  2.1.18.
    
    Employee.
  2.1.19.
    
    ERISA.
  2.1.20.
    
    Participant.
  4




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2.1.21.
    
    Plan.
  2.1.22.
    
    Plan Year.
  2.1.23.
    
    Separation from Service.
  2.1.24.
    
    Specified Employee.
  2.1.25.
    
    Unforeseeable Emergency.
  2.1.26.
    
    Valuation Date.
  2.2.
    
    Number and Gender.
  5




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2.3.
    
    Headings.
  3.
    
    ELIGIBILITY AND PARTICIPATION
 3.1.
    
    Eligibility.
  3.2.
    
    Participation.
  3.3.
    
    Commencement of Participation.
  3.4.
    
    Cessation of Active Participation.
   4.
    
    DEFERRALS AND ADDITIONS
 4.1.
    
    Election of Deferral/Distribution.
  6




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Base Salary Compensation
 Bonus Compensation
 First Year of Eligibility
  General Rules
 7




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4.2.
    
    Crediting to Account.
  4.3.
    
    Additions.
  4.4.
    
    Cancellation of deferral elections following a Hardship Distribution.
  5.
    
    ACCOUNTS
 5.1.
    
    Establishment of Bookkeeping Accounts.
  5.2.
    
    Hypothetical Nature of Accounts.
  8




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6.
    
    PAYMENT OF ACCOUNT
 6.1.
    
    Timing and Form of Distribution of Benefits.
  st
  th
       9




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6.2.
    
    Vesting.
  6.3.
    
    Valuation.
  6.4.
    
    Death.
  6.5.
    
    Designation of Beneficiaries.
  10




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6.6.
    
    Unclaimed Benefits.
  6.7.
    
    Hardship Withdrawals.
  6.8.
    
    Actual Date of Payment.
  11




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7.
    
    ADMINISTRATION
 7.1.
    
    Committee.
  7.2.
    
    General Powers of Administration.
  7.3.
    
    Decisions.
  8.
    
    DETERMINATION OF BENEFITS, CLAIMS PROCEDURE AND ADMINISTRATION
 8.1.
    
    Claims.
  8.2.
    
    Claim Decision.
  12




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8.3.
    
    Request for Review.
   8.4.
    
    Review of Decision.
   13




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8.5.
    
    Special Disability Time Limits and Procedures.
  14




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8.6.
    
    Discretionary Authority.
  9.
    
    MISCELLANEOUS
 9.1.
    
    No Contract of Employment.
  15




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9.2.
    
    Non Assignability of Benefits.
  9.3.
    
    Amendment and Termination.
  9.4.
    
    Unsecured General Creditor Status Of Employee.
  16




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9.5.
    
    Severability.
  9.6.
    
    Governing Laws.
  9.7.
    
    Binding Effect.
  9.8.
    
    Tax Consequences.
  9.9.
    
    Obligor.
  17




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Furniture Brands International, Inc.By:
    /s/ Beth SweetmanTitle: Senior Vice President- Human Resources 18