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                                                                   Exhibit 10.22











                                 DAN RIVER INC.
                RESTRICTED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
                         EFFECTIVE AS OF JANUARY 1, 2001
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                                TABLE OF CONTENTS


                                                                            Page
                                                                            ----



ss. 1        EFFECTIVE DATE..................................................1


ss. 2        PURPOSE.........................................................1


ss. 3        DEFINITIONS.....................................................1

            3.1.  Actuarial Equivalent.......................................1
            3.2.  Affiliate..................................................1
            3.3.  Benefit Commencement Date..................................1
            3.4.  Board......................................................1
            3.5.  Committee..................................................1
            3.6.  Company....................................................1
            3.7.  Compensation...............................................1
            3.8.  Final Average Monthly Compensation.........................2
            3.9.  401(k) Plan................................................2
            3.10. Normal Monthly Benefit.....................................2
            3.11. Normal Retirement Date.....................................2
            3.12. Nonqualified 401(k) Plan...................................2
            3.13. Participant................................................2
            3.14. Restricted SERP............................................2
            3.15. Retirement Plan............................................2
            3.16. SERP.......................................................2
            3.17. Severance Date.............................................2
            3.18. Social Security Act........................................2
            3.19. Service Factor.............................................2
            3.20. Years of Service...........................................2

ss. 4        SERP BENEFIT....................................................3
            4.1.  Normal Monthly Benefit.....................................3
            4.2.  Benefit Forfeiture.........................................3
            4.3.  Benefit Commencement Date..................................4
            4.4.  Benefit Payment Form.......................................4
            4.5.  Claims Procedure...........................................4

ss. 5        ADMINISTRATION..................................................5

             5.1. Powers.....................................................5
             5.2. Expenses and Reliance......................................5
             5.3. Statements.................................................5
             5.4. Incompetents...............................................5
             5.5. Address....................................................5

ss. 6        AMENDMENT AND TERMINATION.......................................5

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ss. 7        MISCELLANEOUS...................................................6

            7.1.  General Assets.............................................6
            7.2.  No Liability...............................................6
            7.3.  No Assignment; Binding Effect..............................6
            7.4.  Construction...............................................6
            7.5.  No Contract of Employment..................................6


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                                 DAN RIVER INC.
                RESTRICTED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
                         EFFECTIVE AS OF JANUARY 1, 2001


                                     ss. 1

                                 EFFECTIVE DATE

         The Company has adopted this Restricted SERP effective as of January 1,
2001.

                                     ss. 2

                                     PURPOSE

         The purpose of this Restricted SERP is to provide a retirement  benefit
to a Participant  based on his or her Benefit  Service and Final Average Monthly
Compensation.

                                     ss. 3

                                   DEFINITIONS

         3.1.  Actuarial  Equivalent for purposes of this  Restricted SERP shall
               ---------
have the same meaning given such term under the Retirement Plan.

         3.2.   Affiliate  for  purposes  of  this  Restricted  SERP  means  any
                ---------
organization designated as such by the Committee.

         3.3.  Benefit  Commencement  Date for purposes of this  Restricted SERP
               ---------------------------
shall have the same meaning given such term under the Retirement Plan.

         3.4. Board for purposes of this Restricted SERP shall mean the Board of
              -----
Directors of the Company.

         3.5.  Committee  for  purposes of this  Restricted  SERP shall mean the
               ---------
Compensation Committee of the Board or its delegate.

         3.6.  Company for purposes of this Restricted SERP shall mean Dan River
               -------
Inc. and any successor to Dan River Inc.

         3.7.  Compensation  for purposes of this  Restricted  SERP shall mean a
               ------------
Participant's total base salary,  commissions and bonus payable in each calendar
year by the Company or an Affiliate  before any  deductions or reductions of any
kind or description whatsoever.
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         3.8. Final Average Monthly Compensation for purposes of this Restricted
              ----------------------------------
SERP shall mean a Participant's Compensation for the 5 consecutive calendar year
period which  immediately  precedes the calendar year which  includes his or her
Severance  Date or the 5 consecutive  calendar year period which includes his or
her Severance Date, whichever is greater, divided by 60.

         3.9.  401(k) Plan for purposes of this  Restricted  SERP shall mean the
               -----------
Dan River Inc. 401(k) Plan, as amended from time to time.

         3.10. Normal Monthly Benefit for purposes of this Restricted SERP shall
               ----------------------
mean a Participant's Normal Monthly Benefit as described in ss. 4.

         3.11. Normal Retirement Date for purposes of this Restricted SERP shall
               ----------------------
have the same meaning given such term under the Retirement Plan.

         3.12.  Nonqualified  401(k) Plan for purposes of this  Restricted  SERP
                -------------------------
shall mean the Dan River Inc. Nonqualified 401(k) and Deferred Compensation Plan
for Highly Compensated Employees and Directors, as amended from time to time.

         3.13.  Participant  for purposes of this  Restricted SERP shall mean an
                -----------
individual who is designated as such by the Committee.

         3.14.  Restricted  SERP  shall  mean  this Dan  River  Inc.  Restricted
                ----------------
Supplemental Executive Retirement Plan, as amended from time to time.

         3.15.  Retirement  Plan for purposes of this Restricted SERP shall mean
                ----------------
the Dan River Inc. Salary Retirement Plan, as amended from time to time.

         3.16.  SERP for  purposes  of this  Restricted  SERP shall mean the Dan
                ----
River Inc.  Supplemental  Executive  Retirement Plan as adopted  effective as of
January 1, 2001 and as thereafter amended.

         3.17.  Severance Date for purposes of this  Restricted  SERP shall have
                --------------
the same meaning given such term under the Retirement Plan.

         3.18.  Social  Security Act for purposes of this  Restricted SERP shall
                --------------------
mean the Social Security Act, 42 U.S.C. 402.

         3.19.  Service Factor for purposes of this Restricted SERP shall mean a
                --------------
fraction,  the numerator of which is a Participant's  Years of Service on his or
her Severance Date or 20, whichever is less, and the denominator of which is 20.

         3.20.  Years of Service for purposes of this Restricted SERP shall mean
                ----------------
a  Participant's  years of Vesting Service credit as recorded under the terms of
the  Retirement  Plan for service for  periods  which begin or after  January 1,
1988.


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                                     ss. 4

                                  SERP BENEFIT

         4.1. Normal Monthly Benefit A  Participant's  "Normal Monthly  Benefit"
              ----------------------
under this  Restricted  SERP shall  equal the  excess,  if any, of "A" over "B",
where

                  "A" is a benefit  (1) which  equals  40% of the  Participant's
                  Final Average  Monthly  Compensation  times his or her Service
                  Factor,   (2)  which  is  payable  each  month  only  for  the
                  Participant's  life-time  and  (3)  which  starts  as  of  the
                  Participant's Normal Retirement Date, and

                  "B" is a benefit equal to the sum of the separate benefits, if
                  any,  which  have  been paid or which  are  payable  to, or on
                  behalf of, such  Participant (1) under the Retirement Plan and
                  the  SERP,  (2)  under the  401(k)  Plan and the  Nonqualified
                  401(k)   Plan   which  are   attributable   to  the   matching
                  contributions  made on behalf of the  Participant  under  such
                  plans, (3) under any plan, program,  policy or agreement under
                  which  the  Company  or any  Affiliate,  or  any  organization
                  acquired  (whether by merger,  purchase or  otherwise)  by the
                  Company or an  Affiliate,  has or had any  liability and which
                  the  Committee  (in the exercise of its  absolute  discretion)
                  believes   provided  or  provides   benefits  which  duplicate
                  (whether in form or in purpose)  the benefits  provided  under
                  this Plan and (4) as an old-age  insurance  benefit  under ss.
                  202 of the Social Security Act, and each such separate benefit
                  described  in this "B"  shall  be  expressed  in an  Actuarial
                  Equivalent form of the benefit described in "A".

         4.2. Benefit Forfeiture.
              ------------------

                  (a) General Rule. A Participant shall forfeit his or her right
                      ------------
         to his or her Normal Monthly Benefit if his or her Severance Date comes
         before the date he or she completes at least 5 years of Vesting Service
         under the Retirement Plan.

                  (b) Special Rules.
                      -------------

                           (1) Death  Before  Benefit  Commencement  Date.  If a
                               ------------------------------------------
                  Participant dies before his or her Benefit  Commencement Date,
                  no benefit  shall be  payable on his or her behalf  under this
                  Restricted  SERP  even if he or she has  completed  at least 5
                  years of Vesting Service under the Retirement Plan.

                           (2)  Death  after  Benefit  Commencement  Date.  If a
                                -----------------------------------------
                  Participant  dies on or after his or her Benefit  Commencement
                  Date,  no benefit  shall be payable on his or her behalf under
                  this  Restricted  SERP after his or her death unless he or she
                  had  elected  a  benefit  payment  form  under  ss.  4.4 which


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<PAGE>

                  provided  for a survivor  benefit,  in which  event a survivor
                  benefit  shall  be paid on his or her  behalf  exclusively  in
                  accordance with such election.

         4.3. Benefit Commencement Date.
              -------------------------

                  (a)  General  Rule.  The  payment  of a  Participant's  Normal
                       -------------
         Monthly  Benefit shall  commence as of his or her Benefit  Commencement
         Date under the Retirement Plan.

                  (b)   Delayed   Retirement.   If   a   Participant's   Benefit
                        --------------------
         Commencement  Date  under ss.  4.3(a)  comes  after  his or her  Normal
         Retirement  Date, the  Participant's  Normal  Monthly  Benefit shall be
         computed under ss. 4.1 as if his or her Benefit  Commencement  Date was
         his or her Normal Retirement Date.

                  (c) Early Retirement.  If a Participant's Benefit Commencement
                      ----------------
         Date under ss. 4.3(a) comes before his or her Normal  Retirement  Date,
         the  Participant's  Normal  Monthly  Benefit shall be reduced using the
         same  interest  rates and rules  used  under  the  Retirement  Plan for
         reducing a  participant's  accrued benefit under the Retirement Plan if
         the payment of such accrued benefit is paid, or payment begins,  before
         a participant's Normal Retirement Date.

         4.4. Benefit Payment Form. A Participant  shall have the right to elect
              --------------------
that his or her Normal  Monthly  Benefit be paid in any optional form of benefit
payment  which a Retirement  Plan  participant  has the right to elect under the
Retirement Plan;  provided,  however, if the Retirement Plan is amended to let a
participant in such plan elect a lump sum  distribution,  no  Participant  shall
have the right to elect such a  distribution  under this  Restricted  SERP.  Any
election under this ss. 4.4 shall be irrevocable after the Participant's Benefit
Commencement Date, and any such benefit shall be the Actuarial Equivalent of his
or her Normal Monthly  Benefit as payable as of his or her Benefit  Commencement
Date. If no election is made under this ss. 4.4, a Participant's  Normal Monthly
Benefit shall be paid to the Participant as an annuity which is payable only for
his or her life-time.

         4.5. Claims  Procedure.  If a Participant makes a claim for the payment
              -----------------
of his or her  accrued  benefit  under this  Restricted  SERP and the  Committee
denies such claim, the Committee shall effect such denial in accordance with the
claims  procedure  regulations  set  forth  in the  Employee  Retirement  Income
Security Act of 1974, as amended, for claims under a deferred  compensation plan
and shall provide the  Participant  the opportunity to appeal any such denial in
accordance with such regulations.



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                                     ss. 5

                                 ADMINISTRATION

         5.1. Powers. This SERP shall be administered by the Committee,  and the
              ------
Committee  shall have the  absolute and  complete  authority,  duty and power to
interpret and construe the provisions of this  Restricted  SERP as the Committee
deems  appropriate,  including the final authority to determine  eligibility for
benefits under this Restricted  SERP, and to take any other action in connection
with the operation or administration of this Plan which the Committee deems fair
and appropriate under the circumstances. The Committee shall maintain Restricted
SERP records,  make the  requisite  calculations  and  authorize  distributions.
Interpretations,  determinations,  regulations  and  calculations  made  by  the
Committee shall be final and binding on all affected persons.

         5.2. Expenses and Reliance. Any expenses incurred in the administration
              ---------------------
of this  Restricted  SERP shall be paid by the Company.  The Committee  shall be
entitled to rely on all tables,  valuations,  certificates,  opinions,  data and
reports  furnished  by any  actuary,  accountant,  controller,  counsel or other
person  employed or retained by the  Committee  with respect to this  Restricted
SERP.

         5.3.   Statements.   The  Committee  shall  furnish  individual  annual
                ----------
statements of accrued benefits under this Restricted SERP to each Participant in
such form as determined by the Committee.

         5.4.  Incompetents.  If the Committee  determines that an individual is
               ------------
unable  to manage  his or her  financial  affairs,  the  Committee  may pay such
individual's  accrued  benefit under this  Restricted  SERP to a conservator  or
other person legally charged with such individual's  care, or to the institution
then  contributing  toward or  providing  for the care and  maintenance  of such
individual.  Any such  payment  shall  constitute  a complete  discharge  of any
liability  of the  Company,  the  Committee  and this  Restricted  SERP for such
individual.

         5.5.  Address.  The  Committee  shall have the right to rely under this
               -------
Restricted SERP on the address and other information provided by the Participant
under the Retirement Plan.

                                     ss. 6

                            AMENDMENT AND TERMINATION


         The Company  reserves the right to amend or terminate  this  Restricted
SERP at any time by action of the Committee.  The Committee upon the termination
of this  Restricted  SERP  shall  have  the  right  in its  sole  discretion  to
accelerate the timing of distributions and make all distributions in the form of


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<PAGE>

a lump sum. No amendment or termination  shall  directly or indirectly  reduce a
Participant's  then  accrued  benefit  under  this  Restricted  SERP  as of  the
effective date of such amendment or termination.

                                     ss. 7

                                  MISCELLANEOUS

         7.1.  General  Assets.  All  distributions  to,  or  on  behalf  of,  a
               ---------------
Participant  under this Restricted SERP shall be made from the Company's general
assets, and any claim by, or on behalf of, a Participant against the Company for
any distribution under this Restricted SERP shall be treated the same as a claim
of any general and unsecured creditor of the Company.

         7.2. No Liability.  No Participant  shall have the right to look to, or
              ------------
have any claim whatsoever against, any officers,  director, employee or agent of
the Company or any member of the Committee in his or her individual capacity for
the distribution of his or her accrued benefit under this Restricted SERP.

         7.3. No Assignment; Binding Effect. No Participant shall have the right
              -----------------------------
to alienate,  assign,  commute or otherwise  encumber his or her accrued benefit
under  this  Restricted  SERP for any  purpose  whatsoever,  whether  through  a
domestic  relations  order  or  otherwise,  and any  attempt  to do so  shall be
disregarded as completely  null and void. The provisions of this Restricted SERP
shall be binding on each  Participant,  on any other person who claims a benefit
under this Restricted SERP and on the Company.

         7.4.   Construction.   This  Restricted  SERP  shall  be  construed  in
                ------------
accordance  with the laws of the  Commonwealth  of Virginia except to the extent
such laws are preempted by federal law. Headings and subheadings have been added
only  for  convenience  of  reference  and  shall  have  no  substantive  effect
whatsoever.  All references to sections shall be to sections to this  Restricted
SERP. All references to the singular shall include the plural and all references
to the plural shall include the singular.  All  definitions  in this  Restricted
SERP shall apply exclusively to this Restricted SERP.

         7.5.  No  Contract  of  Employment.  A  Highly  Compensated  Employee's
               ----------------------------
participation  in this  Restricted  SERP  shall not  constitute  a  contract  of
employment for any particular term or for any particular  rate of  compensation,
and  participation  in this Restricted SERP shall have no bearing  whatsoever on
such term or compensation or on any other conditions of employment.

                                   DAN RIVER INC.



                                   BY:
                                      -----------------------------------------



                                   TITLE:
                                         --------------------------------------



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