Document:

Exhibit 10.6

 Exhibit 10.6 
 ROOM STORE, INC. 
 NONSTATUTORY STOCK OPTION AGREEMENT 
 THIS AGREEMENT is made effective as of the 1st day of March, 2006 (the “Effective Date”), by and between ROOMSTORE, INC., a Virginia corporation (hereinafter called the “Company”), and [name],
an employee of the Company, its subsidiaries or its affiliates (hereinafter called the “Employee”). 
 WHEREAS, the Board of
Directors of the Company (the “Board”) has adopted the Room Store, Inc. 2005 Stock Incentive Plan (the “Plan”); and 
 WHEREAS, the Company considers it desirable and in the Company’s best interests that the Employee be given an opportunity to purchase Common Shares in furtherance of the Plan to provide incentive for the Employee to remain an
employee of the Company, its subsidiaries or its affiliates and to promote the growth, earnings and success of the Company. 
 NOW,
THEREFORE, in consideration of the premises, it is agreed as follows: 
 1. GRANT OF OPTION. The Company hereby grants to
the Employee the right, privilege and option to purchase a total of [number] (xxx,xxx) Common Shares (the “Stock Option”), in the manner and subject to the conditions as hereinafter provided. For purposes of this Agreement, “Common
Shares” shall mean the Company’s presently authorized voting common stock, par value $0.01, and “Option Shares” shall mean the number of Common Shares available under this Stock Option. 
 2. OPTION PRICE. The Option Price deliverable upon the exercise of a Stock Option shall be $4.76 per Common Share (the “Option
Price”). 
 3. TERM, VESTING AND LIMITATION ON EXERCISE. The Stock Option may be exercised during a period of ten
(10) years from the Effective Date of the Stock Option (the “Option Term”). The Stock Option may not be exercised after the expiration of its Option Term. The Stock Option shall vest and become exercisable by Employee according to the
following schedule: 
  

				
	 Date
	  	Cumulative Percentage of
Option Shares Which
May Be Exercised
	 
	 March 1, 2006
	  	33 1/3	%
	 March 1, 2007
	  	66 2/3	%
	 March 1, 2008
	  	100	%

 Employee shall be credited with a full year of vesting for the year of
Employee’s death, permanent disability, or retirement (as each are determined by the Board in accordance with the Plan). For example, in the event Employee dies one year and one day after the Effective Date, on the date of Employee’s
death, Employee shall be considered vested in 100% of the Option Shares granted on the Effective Date. 

 Notwithstanding the above vesting schedule, in the event of a Change of Control (as
defined in Section 23 of this Agreement), all Option Shares granted under this Agreement shall immediately vest and be exercisable by Employee. 
 4. PAYMENT OF OPTION PRICE. The entire Option Price with respect to the exercise of a Stock Option shall be payable in full at the time of the exercise of the Stock Option. The Option Price may be paid
in cash or, in whole or in part, through the surrender of a portion of the vested Option Shares at the fair market value of the Common Shares on the exercise date or through previously acquired Common Shares at their fair market value on the
exercise date. If Employee elects to surrender vested Option Shares in payment of all or a portion of the Option Price, such Option Shares surrendered shall be cancelled and Employee waives all rights thereunder. For purposes of this Agreement, fair
market value means the closing price on that date, or on the next business day if that date is not a business day, of a Common Share as the price is reported on the applicable exchange or market on which the Common Shares are traded; provided that,
if the Common Shares shall not be reported on an exchange or market, the fair market value of Common Shares shall be as determined in good faith by the Board in such reasonable manner as it may deem appropriate in accordance with applicable law. For
purposes of this Agreement, reference to the “Board” shall include the Compensation Committee to the extent that the Board has designated the Compensation Committee to administer the Plan. 
 5. NONQUALIFIED STOCK OPTION. The Stock Option granted under this Agreement shall be a “non-qualified” stock option subject to
Section 83 of the Internal Revenue Code (the “Code”), and is not an “incentive stock option” within the meaning of Section 422 of the Code. 
 6. DEATH OF EMPLOYEE. Upon the death of the Employee, the Stock Option, to the extent exercisable on the date of his or her death, may be exercised by the Employee’s estate, or by a person who
acquires the right to exercise the Stock Option by bequest or inheritance or by reason of the death of the Employee, provided that the exercise occurs within the remaining Option Term, but in no event more than one (1) year after the date of
the Employee’s death. Any portion of the Stock Option not exercised within such 1-year period shall terminate. The provisions of this Section 6 shall apply notwithstanding the fact that the Employee’s employment may have been
terminated prior to his or her death, but only to the extent of the portion of the Stock Option exercisable by the Employee on the date of his or her death. 
 7. RETIREMENT OR DISABILITY OF EMPLOYEE. Upon the termination of the Employee’s employment with the Company by reason of the retirement or permanent disability of the Employee (as each is determined
by the Board in accordance with the Plan), the Employee may, within sixty (60) days from the date of the termination, exercise the Stock Option to the extent the Stock Option was exercisable on the date of the termination of Employee’s
employment with the Company, provided that the exercise occurs within the remaining Option Term. Any portion of the Stock Option not exercised within such 60-day period shall terminate. 
  

 2 

 8. OTHER TERMINATION OF EMPLOYMENT. Upon the termination of the Employee’s employment
with the Company other than as provided in Sections 6 and 7 above, the Employee may, within sixty (60) days from the date of the termination, exercise the Stock Option to the extent the Stock Option was exercisable on the date of the
termination of Employee’s employment with the Company, provided that the exercise occurs within the remaining Option Term. Any portion of the Stock Option not exercised within such 60-day period shall terminate. 
 9. EXERCISE OF OPTION. 
 (a) To exercise the Stock Option, the Employee or his or her successor shall give written notice to the Company’s Corporate Secretary at the Company’s principal office, accompanied by full payment of the Option Price for
the Common Shares being purchased and a written statement that the Common Shares are being purchased for investment and not with a view to distribution; however, this statement shall not be required if the Common Shares subject to the Stock Option
are registered with the Securities and Exchange Commission. If the Stock Option is exercised by the successor of the Employee following the Employee’s death, proof shall be submitted, satisfactory to the Company, of the right of the successor
to exercise the Stock Option. 
 (b) Common Shares issued pursuant to this Agreement which have not been registered
with the Securities and Exchange Commission shall bear the following legend: 
 The Securities represented by this Certificate have not
been registered under the United States Securities Act of 1933 (the “Act”) and are “restricted securities” as that term is defined in Rule 144 under the Act. The Securities may not be offered for sale, sold or otherwise
transferred except pursuant to an effective registration statement under the Act, or pursuant to an exemption from registration under the Act, the availability of which is to be established to the satisfaction of the Company. 
 (c) The Company shall not be required to transfer or deliver any certificate or certificates for Common Shares purchased upon any
exercise of this Stock Option: (i) until after compliance with all then applicable requirements of law; and (ii) prior to admission of the Common Shares to listing on any stock exchange on which the Common Shares may then be listed. In no
event shall the Company be required to issue fractional shares to the Employee or his or her successor. 
 10. GENERAL
RESTRICTIONS. The Stock Option shall be subject to the requirement that, if at any time the Board shall determine that (i) the listing, registration or qualification of the shares of Common Shares subject or related thereto upon any
securities exchange or under any state or Federal law, (ii) the consent or approval of any government regulatory body, or (iii) an agreement by the Employee with respect to the disposition of Common Shares is necessary or desirable as a
condition of, or in connection with, the granting of the Stock Option or the issue or purchase of Common Shares thereunder, the granting of the Stock Option or the issue or purchase of the Common Shares may not be consummated in whole or in part
unless the listing, registration, qualification, consent, approval or agreement shall have been effected or obtained free of any conditions not acceptable to the Board. 
  

 3 

 11. ASSIGNMENT. The rights under this Agreement shall not be assignable or transferable by
the Employee, except by will or by the laws of descent and distribution. Any attempted assignment, transfer, pledge, hypothecation, or other disposition of the rights under this Agreement contrary to the provisions hereof shall be null and void and
without effect. During the lifetime of the Employee, any right under this Agreement shall be exercisable only by the Employee or his or her guardian or legal representative. 
 12. WITHHOLDING TAXES. Whenever the Company proposes or is required to issue or transfer Common Shares under this Agreement, the Company
shall have the right to require the Employee to remit to the Company an amount sufficient to satisfy any Federal, state and/or local withholding tax requirements prior to the delivery of any certificate or certificates for the Common Shares.
Alternatively, the Company may issue or transfer the Common Shares net of the number of shares sufficient to satisfy the withholding tax requirements. For withholding tax purposes, the Common Shares shall be valued on the date the withholding
obligation is incurred. 
 13. RIGHT TO TERMINATE EMPLOYMENT. Nothing in this Agreement shall confer upon the Employee the
right to continue in the employment of the Company, its subsidiaries or its affiliates or affect any right which the Company, its subsidiaries or its affiliates may have to terminate the employment of the Employee. 
 14. RIGHTS AS A SHAREHOLDER. Neither the Employee, his or her legal representative, nor other persons entitled to exercise the Stock Option
under this Agreement shall have any rights of a shareholder in the Company with respect to the shares issuable upon exercise of the Stock Option unless and until a certificate or certificates representing the Common Shares shall have been issued to
him or her pursuant to the terms hereof. 
 15. ADJUSTMENTS. In the event of any change in the outstanding common stock of the
Company by reason of stock splits, reverse stock splits, stock dividends or distributions, recapitalization, reorganization, merger, consolidation, split-up, combination, exchange of shares or the like, the Board shall appropriately adjust the
number of Common Shares issued under this Agreement, the Option Price, and any and all other matters deemed appropriate the Board. 
 16.
STOCK RESERVED. The Company shall at all times during the term of this Agreement reserve and keep available the number of Common Shares as will be sufficient to satisfy the terms of this Agreement. 
 17. SEVERABILITY. Every part, term or provision of this Agreement is severable from the others. Notwithstanding any possible future finding
by a duly constituted authority that a particular part, term or provision is invalid, void or unenforceable, this Agreement has been made with the clear intention that the validity and enforceability of the remaining parts, terms and provisions
shall not be affected thereby. 
  

 4 

 18. NOTICE. Any notice to be delivered under this Agreement shall be given in writing and
delivered, personally or by certified mail, postage prepaid, addressed to the Company or the Employee at their last known address. 
 19.
GOVERNING LAW. This Agreement shall be construed in accordance with and governed by the applicable Federal law and, to the extent otherwise applicable, the laws of the State of Virginia. 
 20. HEADINGS. The headings in this Agreement are for convenience only and shall not be used to interpret or construe the provisions.

 21. BINDING EFFECT. This Agreement shall be binding upon and inure to the benefit of any successor or successors of the
Company. 
 22. INCORPORATION OF PLAN. The Stock Option is granted pursuant to the terms of the Plan, which is incorporated
herein by reference, and the Stock Option shall in all respects be interpreted in accordance with the Plan. Any capitalized term not otherwise defined in this Agreement shall have the meaning as defined in the Plan. 
 23. CHANGE OF CONTROL. In the event of a Change of Control, all Stock Options granted under this Agreement shall immediately vest and be
exercisable by Employee. For purposes of this Agreement, a “Change of Control” shall be deemed to have occurred if (i) any “person” or “group” (as such terms are used in Section 13(b) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”)) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing 20% or more of
the combined voting power of the Company’s then outstanding securities and within one (1) year after such “person” or “group” acquires 20% or more of the combined voting power of the Company (the “Trigger
Date”) the members of the Board immediately prior to the Trigger Date cease to constitute a majority of the Board, (ii) there shall be consummated any consolidation or merger of the Company in which the Company is not the surviving or
continuing corporation or pursuant to which shares of the Company’s Common Shares would be converted into cash, securities or other property, other than a merger of the Company in which the holders of the Company’s Common Shares
immediately prior to the merger have (directly or indirectly) at least a 81% ownership interest in the outstanding Common Shares of the surviving corporation immediately after the merger, or (iii) any sale, lease, exchange or other transfer (in
one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company, except for any sale, lease exchange or transfer resulting from any action taken by any creditor of the Company in enforcing its rights
or remedies against any assets of the Company in which such creditor holds a security interest. 
  

 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Nonstatutory Stock Option Agreement to be
executed as of the Effective Date. 
  

									
	“COMPANY”	 		 	ROOMSTORE, INC.
					
		 		 		 	By:	 	 
		 		 		 	President and CEO
				
	“EMPLOYEE”	 		 		 	 

 557022 
  

 6Exhibit 10.7

 Exhibit 10.7 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT
AGREEMENT (the “Agreement”) is entered into effective as of the 1st day of June, 2005, by and between HMY ROOMSTORE, INC., a Virginia
corporation (the “Company”), and CURTIS KIMBRBLL, an individual (the “Executive”). 
 WITNESSETH: 
 WHEREAS, the Board of Directors of the Company (the “Board”) has determined that it is in the best interests of the Company to foster the
continuous employment of the Executive in the position of Chief Executive Officer and President of the Company (the “Position”), subject to the terms and conditions of this Agreement; and 
 WHEREAS, the Executive desires to continue making his services available to the Company and to retain the Position, subject to the terms and conditions
set forth in this Agreement. 
 NOW, THEREFORE, in consideration of the promises and mutual agreements herein contained and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 
 1.
EMPLOYMENT. The Company will continue to employ the Executive in the Position, and the Executive hereby accepts such continued employment with the Company and reappointment to the Position, subject to the terms and conditions set forth in
this Agreement. Subject to earlier termination in accordance with Section 4 below, this Agreement shall continue in effect for a period of twenty-four (24) months commencing from the date hereof (the “Initial Term”). Upon the
expiration of the Initial Term or any Renewal Period (as hereafter described), the term of the Executive’s employment (the “Employment Period”) under this Agreement shall automatically be extended for an additional twenty-four
(24) month period (a “Renewal Period”), unless either the Company or the Executive notifies the other party in writing at least thirty (30) days prior to the expiration of the Initial Term or the then current Renewal Period that
the Employment Period shall not be extended upon such expiration. 
 1.1 Failure to Extend by Company. In the
event the Company notifies the Executive that the Employment Period shall not be extended at the expiration of the Initial Term or the then current Renewal Period in accordance with Section 1 hereof, such failure to extend shall constitute
termination of this Agreement by the Company without Good Cause (as hereafter defined), and the Company and the Executive agree that the Executive shall be entitled to receive the payments described in Section 4.3. 
 1.2 Failure to Extend by the Executive. In the event the Executive notifies the Company that the Employment Period shall not
be extended at the expiration of the Initial Term or the then current Renewal Period in accordance with Section 1 hereof, such failure to extend shall constitute termination of this Agreement by the Executive without Good Reason (as hereafter
defined), and the Company and the Executive agree that the Executive shall be entitled to receive the payments described in Section 4.5. 

 2. POSITION AND DUTIES. During such time as the Executive is employed with the Company (the
“Employment Period”), the Executive shall serve in the Position and shall have the normal duties, responsibilities and authority associated with or related to such Position, subject to the power and authority of the Board to expand or
limit such duties, responsibilities and authority and to override actions of the Executive. The Executive shall report to the Board. The Executive shall devote his best efforts and his full business time and attention (except for permitted vacation
periods and reasonable periods of illness or other incapacity) exclusively to the business and affairs of the Company and any duty, task or responsibility assigned or given to the Executive by the Board, and the Executive shall perform his duties
and responsibilities to the best of his abilities in a diligent, trustworthy, businesslike and efficient manner. 
 2.1
Outside Directorships. In the event the Executive is invited, solicited or otherwise asked to become a director, advisor or consultant for any entity or organization of any type or function whatsoever other than the Company or its
subsidiaries, the Executive shall notify the Board in writing of such invitation, the entity or organization extending such invitation and the capacity to be served by the Executive for such entity or organization. The Board shall have the sole
power and authority to authorize the Executive to accept such invitation based on such criteria and standards as the Board may determine, and the Executive shall not accept such invitation without the Board’s prior written consent, which
consent shall not be unreasonably withheld. 
 2.2 Delegation by Board. Whenever this Agreement calls for action
on the part of the Board, the Board may delegate responsibility for the action to a duly appointed committee of the Board, including but not limited to, the Compensation Committee of the Board, and the Executive agrees to treat, comply with and be
bound by any action taken by any committee as if the Board had taken such action directly. 
 3. COMPENSATION AND BENEFITS.
During the Employment Period, the Executive shall be paid or receive compensation and benefits as follows: 
 3.1 Base
Salary. The Executive will receive for his services an annual base salary (the “Base Salary”) in an amount to be determined by the Company in accordance with the salary administration program of the Company as it may from time to
time be in effect. The Base Salary will be reviewed annually and may be adjusted upward or downward in the sole discretion of the Board. In no event, however, will the Base Salary be less than $317,127. The Base Salary shall be payable in regular
installments in accordance with the Company’s general payroll practices and shall be subject to withholdings for applicable taxes. 
 3.2 Annual Bonus. For any fiscal year ending during the Employment Period, the Board may, but is not obligated to, award the Executive with an annual bonus based upon the Company’s operating results
for such fiscal year (the “Annual Bonus”). The amount and timing of any such Annual Bonus shall be determined by the Board of Directors. In addition to the Company’s operating results, the Board may take into account any
extraordinary, unusual or non-recurring items realized or incurred by the Company during any such fiscal year deemed appropriate by the Board in determining any Annual Bonus. 
  

	**	Note: Base salary increased to $400,000 

 3.3 Stock Compensation. During the Employment Period and subject to the
adoption by the Company of a stock incentive plan, the Executive will be entitled to receive stock or stock option awards under the Company’s stock incentive plan in amounts and subject to such terms and conditions as determined by the Board.

 3.4 Benefits. The Executive shall continue to be eligible to enroll and participate in any and all benefits
plans the Company provides to its executive officers and employees including, but not limited to, medical and dental insurance coverage for the Executive and family, life insurance policy, long term disability insurance, stock options, and
retirement plans and arrangements. The Executive shall receive four (4) weeks of paid vacation each year, which if not taken may be carried forward to any subsequent year; however the Executive shall not receive any compensation for any unused
vacation days. Any and all benefits provided for under this Agreement shall not be included in the definition of the term “Base Salary” as such term is defined in this Agreement. All such benefits shall immediately cease and terminate upon
the later of (1) the termination date of the Employment Period or (2) the expiration date of coverage for such benefits by the Company as described in Section 4; provided, that upon termination, the Executive shall have the right to
elect to continue any or all of such health benefits, programs or coverage, at his sole cost and expense, in accordance with and subject to the terms and limitations set forth in the Consolidated Omnibus Reconciliation Act of 1985
(“COBRA”) and the regulations promulgated in connection therewith. 
 3.5 Business Expense. The
Company shall reimburse the Executive for the actual cost of all reasonable travel, entertainment and other business expenses incurred by the Executive in the course of performing the duties of the Position. Expenses shall be reimbursed in
accordance with the standard policies and procedures of the Company in effect from time to time related to such reimbursable expenses. 
 3.7 Automobile Allowance. the Company shall provide the Executive with an automobile allowance in the amount of $650.00 per month to be allocated at the Executive’s discretion, or such other amount
designated by the Board, and the automobile allowance shall be payable in regular installments in accordance with the Company’s general payroll practices. 
 4. TERMINATION; EFFECTS OF TERMINATION. This Agreement may be terminated upon the occurrence of any of the following events: 
 4.1 Terminable At Will. Notwithstanding any other provision of this Agreement including, but not limited to Section 1,
this Agreement and the Executive’s employment with the Company or its subsidiaries shall be terminable at will at any time for any reason by either party, and this Agreement shall expire automatically when the Executive ceases to hold the
Position with the Company for any reason. Upon termination under Section 4.1, the rights of the Executive to receive the monies and benefits from the Company shall be determined in accordance with the terms and provisions contained in this
Section 4, and the Executive agrees that such monies and benefits are fair and reasonable and are the sole monies and benefits which shall be due to him from the Company in the event of termination under this Section 4.1. 

 4.2 By Company For Good Cause. Upon written notice to the Executive, the
Company may immediately terminate this Agreement at any time during the Employment Period for “Good Cause” (as hereafter defined). 
 4.2.1 Monies and Payments to the Executive. Upon termination under Section 4.2, the Executive shall be entitled to receive any Base Salary earned and unpaid, and fringe benefits described in
Section 3.3 accrued and unpaid, through the date of termination, and no other monies or benefits shall be payable or owed to the Executive under this Agreement. 
 4.2.2 Forfeiture of Options. Effective as of such termination date, any and all stock options, stock appreciation rights,
restricted stock options, warrants and other similar rights granted to or received by the Executive under any option or incentive plan of the Company to which the Executive is participating or enrolled shall immediately be terminated and forfeited,
except for such options or rights granted to or received by the Executive which have fully and completely vested prior to the termination date. Any and all options and rights to which the Executive has become fully and completely vested prior to
termination date shall expire as set forth in the respective plan document or agreement granting those options and rights. 
 4.2.3 Good Cause Defined. For purposes of this Agreement, “Good Cause” means (i) the Executive’s conviction of, or plea of nolo contendere or guilty to, any criminal violation involving dishonesty, fraud or
moral turpitude; (ii) the Executive’s gross negligence; (iii) the Executive’s willful and serious misconduct; (iv) the Executive’s breach of trust or fiduciary duty in the performance of his duties or responsibilities;
(v) the Executive’s willful failure to comply with reasonable directives and policies of the Board; or (vi) the Executive’s breach of any term or provision of this Agreement. 
 4.3 By Company Without Good Cause. Upon thirty (30) days prior written notice to the Executive, Company may terminate
this Agreement at any time during the Employment Period without Good Cause. 
 4.3.1 Monies and Benefits to the
Executive. Upon termination under Section 4.3, file Executive shall be entitled to receive: (i) any Base Salary earned and unpaid, and fringe benefits described hi Section 3.4 accrued and unpaid, through the date of such
termination; (ii) for the period subsequent to the date of termination until the Expiration Date or for one year following the date of termination, whichever period is greater, the Company will continue to pay the Executive his Base Salary in
effect on the date of termination (the “Severance Payments”); (iii) any Annual Bonus for the fiscal year in which the termination occurs pro-rated through the date of the termination; provided, however, the Executive shall not receive
any portion of the Annual Bonus under this Section 4.3.1 (iv) unless the Board determines in good faith that the Executive would have been entitled to receive any Annual Bonus for the fiscal year in which such termination occurred in
accordance with Section 3.2; and (v) for the period subsequent to the date of termination until the Expiration Date or for one year 

 
following the date of termination, whichever period is greater, the continuation of the fringe benefits described in Section 3.4 (the “Severance
Benefits”) hereof under which the Executive is participating as of the date of such termination for a period of twelve (12) months from the date of termination. 
 4.3.2 Payment of Monies and Benefits. The payment described in Section 4.3.1(i) shall be paid to the Executive within
thirty (30) days from the date of such termination and shall be subject to withholdings for applicable taxes. The payment described in Section 4.3.1(ii) shall be paid to the Executive in regular installments commencing from the date of
such termination in accordance with the Company’s general payroll practices and shall be subject to withholdings for applicable taxes, unless the Company elects to make a lump sum Severance Payment in an equivalent amount within thirty days of
the date of termination. The payment described in Section 4.3.1(iii) shall be payable in a lump sum on or before April 1 following the end of the fiscal year in which the termination occurred and shall be subject to withholdings for
applicable taxes. The benefits described in Section 4.3.1(iv) hereof shall be provided in accordance with the Company’s standard policies and practices. 
 4.3.3 Forfeiture of Options. Effective as of the termination date, any and all stock options, stock appreciation rights,
restricted stock options, warrants and other similar rights granted to or received by the Executive under any option or incentive plan of the Company to which the Executive is participating shall immediately be terminated and forfeited, except for
such options or rights granted to or received by the Executive which have fully and completely vested prior to the termination date. Any and all options and rights to which the Executive has become fully and completely vested prior to the
termination date shall expire as set forth in the respective plan document or agreement granting such options and rights. 
 4.4 By the Executive for Good Reason. Within thirty (30) days following the date the Executive first learned of the occurrence of any such breach or event constituting “Good Reason” (as hereafter defined), the
Executive may terminate this Agreement, upon thirty (30) days prior written notice to Company, at any time during the Employment Period for Good Reason, and if requested by Company, the Executive shall continue to work exclusively for the
Company during such thirty (30) day period and allow the Company to cure such circumstances to the reasonable satisfaction of the Executive during that thirty (30) day period; provided, however, the Company shall have the right, in its
sole discretion, to terminate this Agreement at any time during the thirty (30) day period upon written notice to the Executive. 
 4.4.1 Monies and Benefits to the Executive. Upon termination under Section 4.4, the Executive shall be entitled to receive: (i) any Base Salary earned and unpaid, and fringe benefits described
in Section 3.4 accrued and unpaid, through the date of such termination or the date on which the Company terminates this Agreement during the thirty (30) day period; (ii) for the period subsequent to the date of termination until the
Expiration date or for one year following the date of termination, whichever period is greater, the Company will continue to pay the 

 
Executive his Base Salary in effect on the date of termination, less applicable withholdings (the “Severance Payments”); (iii) any Annual
Bonus for the fiscal year in which such termination occurs pro-rated through the date of such termination; provided, however, the Executive shall not receive any portion of the Annual Bonus under this Section 4.4.1(iii) unless the Board
determines in good faith that the Executive would have been entitled to receive any Annual Bonus for the fiscal year in which the termination occurred in accordance with Section 3.2; and (iv) continuation of the fringe benefits (the
“Severance Benefits”) described in Section 3.4 under which the Executive is participating as of the date of such termination for a period of twelve (12) months from the date of termination. The Company’s obligation to
provide the Executive with Severance Benefits pursuant to this Section 4.4.1 shall terminate with respect to each particular type of insurance in the event the Executive becomes employed and has made available to him in connection with such
employment that particular type of insurance, so long as the insurance is substantially similar to the insurance provided by the Company. 
 4.4.2 Payment of Monies and Benefits. The payment described in Section 4.4.1(i) shall be paid to the Executive within thirty (30) days from the date of termination and shall be subject to
withholdings for applicable taxes. The payment described in Section 4.4.1(ii) shall be paid to the Executive in regular installments commencing from the date of such termination in accordance with the Company’s general payroll practices
and shall be subject to withholdings for applicable taxes. The payment described in Section 4.4.1(iii) shall be payable in a lump sum on or before April 1 following the end of the fiscal year in which the termination occurred and shall be
subject to withholdings for applicable taxes. The benefits described in Section 4.4.1(iv) shall be provided in accordance with the Company’s standard policies and practices. 
 4.4.3 Forfeiture of Options. Effective as of the termination date, any and all stock options, stock appreciation rights,
restricted stock options, warrants and other similar rights granted to or received by the Executive under any option or incentive plan of the Company to which the Executive is participating shall immediately be terminated and forfeited, except for
those options or rights granted to or received by the Executive which have fully and completely vested prior to the termination date. Any and all such options and rights to which the Executive has become fully and completely vested prior to the
termination date shall expire as set forth in the respective plan document or agreement granting those options and rights. 
 4.4.4 Good Reason Defined. For purposes of this Agreement, “Good Reason” shall exist if, without the Executive’s express written consent, the Company; (i) fails to comply with the provisions of
Section 3; (ii) breaches a material term of this Agreement (iii) materially reduces, decreases or diminishes the nature, status or duties and responsibilities of the Position from those in effect on the date of this Agreement, and the
reduction, decrease or diminution is not reasonably related to or the result of an adverse change in the Executive’s 

 
performance of assigned duties and responsibilities or the hiring by Company of an executive officer senior to the Executive; or (iv) requires the
Executive to regularly perform the duties and responsibilities of the Position at a location which is more than fifty (50) miles from the location of the Executive’s principal place of employment. Notwithstanding the above, Good Reason
shall not include the death, disability or voluntary retirement of the Executive or any other voluntary action taken by or agreed to by the Executive related to the Position or its employment with the Company or its Subsidiaries. 
 4.5 By Executive Without Good Reason. Upon thirty (30) days prior written notice to Company, the Executive may
terminate this Agreement at any time during the Employment Period without Good Reason, and if requested by the Company, the Executive shall continue to work exclusively for the Company during that thirty (30) day period; provided, however, the
Company shall have the right, in its sole discretion, to terminate this Agreement at any time during that thirty (30) day period upon written notice to the Executive. 
 4.5.1 Monies and Benefits to Executive. The Executive shall be entitled to receive any Base Salary earned and unpaid, and
fringe benefits described in Section 3.4 accrued and unpaid, through the date of the termination or the date on which the Company terminates this Agreement during the thirty (30) day period, and no other monies or benefits shall be payable
or owed to Executive under this Agreement. 
 4.5.2 Forfeiture of Options. Effective as of the termination date,
any and all stock options, stock appreciation rights, restricted stock options, warrants and other similar rights granted to or received by the Executive under any option or incentive plan of the Company to which the Executive is participating or
enrolled shall immediately be terminated and forfeited, except for the options or rights granted to or received by the Executive which have fully and completely vested prior to the termination date. Any and all options and rights to which the
Executive has become fully and completely vested prior to the termination date shall expire as set forth in the respective plan document or agreement granting those options and rights. 
 4.6 By Company or Executive Contemporaneous with a Change in Control. In the event a Change in Control (as hereafter
defined) occurs and during the period beginning three (3) months before the Change in Control and ending twenty-four (24) months after the Change in Control: (1) this Agreement is terminated by the Company or its successor without
Good Cause; or (if) this Agreement is terminated by the Executive with Good Reason (in either case a “Termination Contemporaneous with a Change in Control”), the Executive shall be entitled to receive, and Company or its successor shall be
obligated to pay, the monies and benefits described in this Section 4.6, and Sections 4.3 and 4.4 shall not be applicable to the Termination Contemporaneous with a Change in Control. 

 4.6.1 Monies and Benefits to Executive. Upon a Termination Contemporaneous
with a Change in Control, the Executive shall be entitled to receive: (i) any Base Salary earned and unpaid, and fringe benefits described in Section 3.4 accrued and unpaid, through the date of the Change in Control or termination,
whichever occurs later; (ii) three (3) times the Base Salary as of the date of the Change in Control or termination; (ii) any Annual Bonus for the fiscal year in which such Termination Contemporaneous with the Change in Control occurs
pro-rated through the date of such Change in Control or termination, whichever occurs later; provided, however, the Executive shall not receive any portion of the Annual Bonus under this Section 4.6.1(ii) unless the Board determines in good
faith that the Executive would have been entitled to receive any Annual Bonus for the fiscal year in which the Termination Contemporaneous with the Change in Control occurred in accordance with Section 3.2; (iii) continuation of the fringe
benefits described in Sections 3.4 under which the Executive is participating as of the date of the Termination Contemporaneous with the Change in Control for a period of thirty-six (36) months from, the date of the Change in Control or
termination, whichever occurs later; and (iv) payment of outplacement services for the Executive for a period of twenty-four (24) months from the date of the Termination Contemporaneous with the Change in Control; provided, however, the
aggregate amount of any outplacement services payments shall not exceed $15,000.00 per twelve (12) month period. 
 4.6.2 Payment of Monies and Benefits. The payments described in Section 4.6.1(i) shall be paid to the Executive in a lump sum within thirty (30) days of the date of the Termination Contemporaneous with a Change in
Control and shall be subject to withholdings for applicable taxes. The payment described in Section 4.6.1(ii) shall be payable in a lump sum on or before April 1 following the end of the fiscal year in which the Termination Contemporaneous
with a Change in Control occurred and shall be subject to withholdings for applicable taxes. The benefits described in Section 4.6.1(iii) shall be provided in accordance with the Company’s or its successor’s standard policies and
practices. The payments described in Section 4.6.1(iv) hereof shall be paid directly to the entity providing outplacement services to the Executive within thirty (30) days of receipt of an invoice or statement from such entity. 

4.6.3 Vesting of Options. Effective as of the date of a Termination Contemporaneous with a Change in Control, any and all
stock options, stock appreciation rights, restricted stock options, warrants and other similar rights granted to or received by the Executive under any option or incentive plan of the Company or its successors to which the Executive is participating
or enrolled shall immediately become fully and completely vested and exercisable as if the Executive had satisfied any and all terms, conditions or requirements described or contained in such plan. In the event the Executive has not previously
exercised, or does not exercise, all or any portion of those options or rights within sixty (60) days of the date of a Termination Contemporaneous with a Change in Control (the “Exercise Period”), the Executive shall be entitled to
receive, and Company or its successor shall be obligated to pay, compensation for any unexercised 

 
options or rights in an amount equal to (i) the number of shares not exercised by the Executive under those options or rights multiplied by
(ii) the fair market value of one share of the common stock of the Company or its successor as of the day immediately prior to the date of a Termination Contemporaneous with a Change in Control minus the exercise price of the Executive
described in those options or rights (the “Option Compensation”). The Option Compensation shall be payable in a lump sum within thirty (30) days after the expiration of the Exercise Period, and shall be subject to withholdings for
applicable taxes. The Executive shall take any and all actions, and execute and deliver to Company or its successor any and all agreements, certificates or instruments, necessary or required to consummate the transactions contemplated under this
Section 4.6.3 including, but not limited to, the assignment, transfer or conveyance of any and all shares and rights to be acquired by the Company or its successor and the cancellation, revocation or termination of any options or rights the
Executive has or may have under any such option or incentive plan. 
 4.6.4 Change in Control Defined. For
purpose of this Agreement, a “Change in Control” shall be deemed to have occurred as of the date (i) any “person” or “group” (as such terms are used in Section 13(b) of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”)) is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing twenty percent (20%) or more of the
combined voting power of the Company’s then outstanding securities, and within one (1) year after such “person” or “group” becomes the beneficial owner of twenty percent (20%) or more of the combined voting power
of the Company (the “Trigger Date”), the members of the Board immediately prior to the Trigger Date cease to constitute a majority of the Board, (ii) the consummation of a consolidation or merger of the Company in which the Company is
not the surviving or continuing corporation, or pursuant to which shares of the Company’s common stock would be converted into cash, securities or other property, other than a merger of the Company in which the holders of the Company’s
common stock immediately prior to the merger have (directly or indirectly) at least a eighty-one percent (81%) ownership interest in the outstanding common stock of the surviving corporation immediately after the merger, or (iii) any sale,
lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company, except for any sale, lease exchange or transfer resulting from any action taken by any creditor of
the Company in enforcing its rights or remedies against any assets of the Company in which such creditor holds a security interest. 
 4.6.5 Payments from Tax Implications. 
 (a) Gross-Up Payment. Notwithstanding anything to the
contrary in this Agreement, in the event it shall be determined that any payment or distribution made, or benefit provided (including, but not limited to, Section 4.6.3), by the Company to or for the benefit of the Executive under this
Agreement but determined without regard to any additional payments required 

 
under this Section 4.6.5 (each, a “Payment”), would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code of
1986, as amended from time to time (the “Code”), or any similar excise tax, or any interest or penalties incurred by the Executive with respect to such excise tax (such tax with any such interest and penalties being collectively referred
to as the “Excise Tax”), the Executive shall be entitled to receive an additional payment (a “Gross-Up Payment”) from the Company in an amount such that after payment by the Executive of all taxes (including any Excise Tax,
income tax or payroll tax) imposed upon the Gross-Up Payment and any interest or penalties imposed with respect to such taxes, the Executive retains from the Gross-Up Payment an amount equal to the Excise Tax imposed upon the Payments. 

(b) Determination of Gross-Up Payment. Subject to the provisions of Section 4.6.5(c), all determinations required to be
made under this Section 4.6.5, including a determination of the requirement for and amount of any Gross-Up Payment, shall be made by the independent public accounting firm which is then retained by the Company to audit its financial statements
(the “Accounting Firm”) which shall provide detailed supporting calculations both to the Company and the Executive within thirty (30) business days of the date of such termination, if applicable, or such earlier time as is requested
by the Company, provided that any determination that an Excise Tax is payable by the Executive shall be made on the basis of substantial authority. Any initial Gross-Up Payment shall be paid to Executive within fifteen (15) business days of the
receipt of the Accounting Firm’s determination. If the Accounting Firm determines that no Excise Tax is payable by the Executive, the Accounting Firm shall furnish the Executive with a written opinion that he has substantial authority not to
report any Excise Tax on his federal income tax return. Any determination by the Accounting Firm meeting the requirements of this Section 4.6.5(b) shall be binding upon the Company and the Executive; subject only to payments pursuant to the
following sentence based on a determination that additional Gross-Up Payments should have been made, consistent with the calculations required to be made hereunder (the amount of such additional payments, including any interest and penalties, being
collectively referred to as the “Gross-Up Underpayment”). In the event the Company exhausts its remedies pursuant to Section 4.6.5(c) hereof and the Executive thereafter is required to make a payment of any Excise Tax, the Accounting
Firm shall determine the amount of the Gross-Up Underpayment that has occurred and any such Gross-Up Underpayment shall be promptly paid by the Company to or for the benefit of the Executive. The fees and disbursements of the Accounting Firm shall
be paid by the Company. 
 (c) Remedies to Company. The Executive shall notify the Company in writing of any claim by
the Internal Revenue Service that, if successful, would require the payment by the Company of a Gross-Up Payment. The notification shall be given as soon as practicable but not later than ten (10) business days after the Executive receives
written notice of any claim and shall apprise the Company of the nature of the claim and the date on which the claim is requested to be paid. The Executive shall not pay the claim prior to the expiration of thirty (30) days 

 
following the date on which the Executive gives notice to the Company (or any shorter period ending on the date that any payment of taxes with respect to the
claim is due). If the Company notifies the Executive in writing prior to the expiration of the thirty (30) day period that the Company desires to contest the claim at the Company’s sole cost and expense and that the Company will provide
the indemnification as required by this Section 4.6.5(c), the Executive shall: (1) give the Company any information reasonably requested by the Company relating to the claim; (2) take any action in connection with contesting the claim
as the Company shall reasonably request in writing from time to time, including, but not limited to, accepting legal representation with respect to the claim by an attorney reasonably selected by the Company and reasonably satisfactory to the
Executive; (3) cooperate with the Company in good faith in order to effectively contest the claim, and (4) permit the Company to participate in any proceedings relating to the claim. 
 The Company shall bear and pay directly all costs and expenses (including additional interest and penalties) incurred in connection with any contest and
shall indemnify and hold the Executive harmless, on an after-tax basis, for any Excise Tax, income tax or payroll tax, including interest and penalties with respect thereto, imposed as a result of the representation and payment of costs and
expenses. Without limitation on the foregoing provisions of this Section 4.6.5(c), the Company shall control all proceedings taken in connection with the contest and, at its sole option, may pursue or forgo any and all administrative appeals,
proceedings, hearings and conferences with the taxing authority with respect to the claim and may, at its sole option, either direct the Executive to pay the tax claimed and sue for a refund or contest the claim in any permissible manner, and the
Executive agrees to prosecute the contest to a determination before any administrative tribunal, in a court of initial jurisdiction and in one or more appellate courts, as the Company shall determine; provided, however, that if the Company
directs the Executive to pay the claim and sue for a refund, the Company shall, unless prohibited by law, advance the amount of the payment to the Executive, on an interest-free basis and shall indemnify and hold the Executive harmless, on an
after-tax basis, from any Excise Tax, income tax or payroll tax, including interest or penalties with respect thereto, imposed with respect to the advance or with respect to any imputed income with respect to the advance; and further provided
that any extension of the statute of limitations relating to the payment of taxes for the taxable year of the Executive with respect to which the contested amount is claimed to be due shall be limited solely to such contested amount, unless the
Executive agrees otherwise. Furthermore, the Company’s control of the contest shall be limited to issues with respect to which a Gross-Up Payment would be payable, under this Agreement and the Executive shall be entitled to settle or contest,
as the case may be, any other issue raised by the Internal Revenue Service or any other taxing authority. 
 (d) Refund of
Excise Tax to Company. If, after the receipt by the Executive of an amount advanced by the Company pursuant to Section 4.6.5(c), the Executive becomes entitled to receive any refund with respect to such claim, 

 
the Executive shall (subject to the Company’s complying with the requirements of Section 4.6.5(c) hereof) promptly pay to the Company the amount of
such refund, together with any and all interest paid or credited thereon after taxes applicable thereto. If, after the receipt by the Executive of an amount advanced by the Company pursuant to Section 4.6.5(c) hereof a determination is made
that the Executive shall not be entitled to any refund with respect to the claim and the Company does not notify the Executive in writing of its intent to contest the denial of refund prior to the expiration of thirty (30) days after the
determination, then any obligation of the Executive to repay the advance shall be forgiven and the amount of the advance shall offset, to the extent thereof, the amount of Gross-Up Payment required to be paid by the Company. 
 4.7 As a Consequence of Death or Disability. If the Executive dies while employed by the Company, the Company will continue
to pay the Executive’s estate his Base Salary through the end of the sixth calendar month following the month in which his death occurs. If the Executive becomes “disabled” (as defined below), the Company may give the Executive
written notice of its intention to terminate the Executive’s employment, in which event the Executive’s employment with the Company will terminate on the thirtieth day after receipt of the notice by the Executive. 
 For purposes of this Section 4.7, the Executive is “disabled” if he is unable to perform substantially all of his duties
and responsibilities under this Agreement or as otherwise directed by the Board, which disability lasts for an uninterrupted period of at least 180 days or a total of at least 240 days out of any consecutive 360 day period, as a result of the
Executive’s incapacity due to physical or mental illness (as determined by the opinion of an independent physician selected by the Company). 
 4.8 Execution of Release by the Executive. The Company shall not be obligated to pay any portion of the monies and benefits described in this Agreement, if any, unless and until the Executive shall have
executed and delivered to the Company a release of all claims against the Company and its subsidiaries and their respective shareholders, partners, member, directors, managers, officers, employees, agents and attorneys, arising out of or related to
any act or omission which occurred on or prior to the date on which this Agreement was terminated, in form and substance reasonably satisfactory to the Company. 
 5. POST-EMPLOYMENT DUTIES. For a period of three (3) years following the termination of this Agreement, the Executive shall: (i) fully and truthfully cooperate and assist the Company and its
subsidiaries, to the fullest extent possible, in any and all issues, matters, legal proceedings or litigation related to or associated with the business, management or operation of or any other matter involving the Company or its subsidiaries in any
way or of any nature whatsoever arising from, related to or connected with any period in which the Executive was employed by or otherwise provided services to the Company or its subsidiaries or in which the Executive has or may have past knowledge,
information or experience or applicable expertise; and (ii) fully cooperate, assist, participate and work with the Company or its Subsidiaries on any and all issues or matters for which the Company or its subsidiaries may seek his cooperation,
assistance, participation, involvement or consultation. This assistance shall be 

 
provided at the times and dates which shall not unreasonably interfere or conflict with the Executive’s then current employment. The Company shall
reimburse the Executive for any and all actual costs and expenses reasonably incurred by the Executive in providing this assistance in accordance with the standard policies and procedures of the Company in effect from time to time related to
reimbursable expenses. 
 6. CONFIDENTIAL INFORMATION. The Executive acknowledges that he will have access or be privy to
certain confidential business and proprietary information of the Company and its Subsidiaries as a result of the Executive’s employment with the Company or its subsidiaries. Confidential information may include, but is not limited to, business
decisions, plans, procedures, strategies and policies, legal matters affecting the Company and its subsidiaries and their respective businesses, personnel, customer records information, trade secrets, bid prices, evaluations of bids, contractual
terms and arrangements (prospective purchases and sales), pricing strategies, financial and business forecasts and plans and other information affecting the value or sales of products, goods, services or securities of the Company or its
subsidiaries, and personal information regarding employees (collectively, the “Confidential Information”). The Executive acknowledges and agrees the Confidential Information is and shall remain the sole and exclusive property of the
Company or its Subsidiary. The Executive shall not disclose to any unauthorized person, or use for the Executive’s own purposes, any Confidential Information without the prior written consent of the Board, which consent may be withheld by the
Board at its sole discretion, unless and to the extent that the aforementioned matters become generally known to and available for use by the public other than as a result of the Executive’s acts or omissions. The Executive agrees to maintain
the confidentiality of the Confidential Information after the termination of the Executive’s employment; provided, further, that if at any time the Executive or any person or entity to which the Executive has disclosed any Confidential
Information becomes legally compelled (by deposition, interrogatory, request for documents, subpoena, civil investigative demand or similar process) to disclose any of the Confidential Information, the Executive shall provide the Company with
prompt, prior written notice of such requirement so the Company, in its sole discretion, may seek a protective order or other appropriate remedy and/or waive compliance with the terms hereof. In the event that a protective order or other remedy is
not obtained or the Company waives compliance with the provisions of this Agreement, the Executive shall ensure that only the portion of the Confidential Information which the Executive or that person is advised by written opinion of the
Company’s counsel that the Executive is legally required to disclose is disclosed, and the Executive further covenants and agrees to exercise reasonable efforts to obtain assurance that the recipient of any Confidential Information shall not
further disclose that Confidential Information to others, except as required by law, following such disclosure. In addition, the Executive covenants and agrees to deliver to the Company upon termination of this Agreement, and at any other time as
the Company may request, any and all property of the Company including, but not limited to, keys, computers, credit cards, company car, memoranda, notes, plans, records, reports, computer tapes, printouts and software, Confidential Information in
any form whatsoever, and other documents and data (and copies thereof) and relating to the Company or any subsidiary which he may then possess or have under his control or to which the Executive had access to or possession of in the course of such
employment. 

 7. COVENANT NOT TO COMPETE, SOLICIT OR DISPARAGE. The Executive hereby agrees that for a
period of two (2) years following the expiration or termination of this Agreement (the “Non-Compete Period”), the Executive shall not: (i) directly or indirectly, either individually or for any other person or entity (whether as
an officer, director, employee, owner, stockholder, consultant, agent, advisor, general partner, limited partner, member, manager, or otherwise), or as a part of a group, own, operate, manage, control, participate in, consult with, render services
for, or in any manner engage in any business competing with any part of the business presently engaged in by the Company within any geographical area in which the Company engages or has proposed to engage in such business (or solicit any person to
engage in any of the foregoing activities); (ii) directly or indirectly, individually or for any other person or entity induce or attempt to induce any employee of the Company to leave the employ of the Company, hire any person who is an
employee of the Company as of, or immediately prior to, the time of the hiring, or induce or attempt to induce any manufacturers’ representative, customer, supplier, licensee, agent or any other person or entity having a business relationship
with the Company to cease doing business with or reduce the volume of its business with the Company; or (iii) initiate, participate or engage in any communication whatsoever with any current or former customer, supplier, vendor or competitor of
the Company or its subsidiaries or any of their respective shareholders, partners, members, directors, managers, officers, employees or agents, or with any current or former shareholder, partner, member, director, manager, officer, employee or agent
of the Company or its subsidiaries, or with any third party, which communication could reasonably be interpreted as derogatory or disparaging to the Company or its subsidiaries, including but not limited to the business, practices, policies,
shareholders, partners, members, directors, managers, officers, employees, agents, advisors and attorneys of the Company or its Subsidiaries. Provided, however, nothing herein shall prohibit the Executive from being a passive owner of or
controlling, directly or indirectly, of not more than five percent (5%) in the aggregate of the outstanding stock of any class of a corporation which is publicly traded and which competes in the business of the Company so long as the Executive
has no direct or indirect participation in the management of such corporation. The Executive acknowledges that the foregoing restriction is reasonable in all respects and that there is no less restrictive provision in terms of duration, prohibited
activities or geographic area which would adequately protect the Company’s assets and other legitimate business interests. For the purposes of the foregoing, a business shall be deemed to be competing with the business of the Company if that
business (a) operates retail furniture stores that sell living room, dining room, bedroom, or entertainment room furniture, and (b) more than ten percent (10%) of those stores are located within the same markets as those stores
operated by the Company. Notwithstanding the foregoing, in the event any part of this covenant set forth in this provision shall be held invalid, illegal or unenforceable by a court of competent jurisdiction, the Executive and the Company hereby
agree that such invalid, illegal or unenforceable provision or section hereof shall be severed from this Agreement without affecting the remaining portions hereof in any manner. In the event any portion of this provision related to the time or
geographical area restrictions of this Agreement shall be declared by a court of competent jurisdiction to exceed the maximum time or geographical area restrictions the court deems reasonable or enforceable, said time or geographic area restriction
shall be deemed to become and thereafter shall be the time or geographic area which the court shall deem reasonable and enforceable. 

 8. ARBITRATION. 
 8.1 Except as provided in Section 8.3, the Executive and the Company acknowledge and agree that any dispute or controversy
arising out of, relating to, or in connection with this Agreement, or the interpretation, validity, construction, performance, breach, or termination of this Agreement, shall be settled by binding arbitration unless otherwise required by law, to be
held in Richmond, Virginia in accordance with the National Rules for the Resolution of Employment Disputes then in effect of the American Arbitration Association. The arbitrator may grant injunctions or other relief in the dispute or controversy.
The decision of the arbitrator shall be final, conclusive and binding on the parties to the arbitration. Judgment may be entered on the arbitrator’s decision in any court having jurisdiction. The party against whom the arbitrator(s) shall
render an award shall pay the other party’s actual and reasonable attorneys’ fees and other reasonable costs and expenses in connection with the enforcement of its rights under this Agreement (including the enforcement of any arbitration
award in court), unless and to the extent the arbitrator(s) shall determine that under the circumstances recovery by the prevailing party of all or a part of any fees and costs and expenses would be unjust. 
 8.2 The arbitrator(s) shall apply Virginia law to the merits of any dispute or claim, without reference to rules of conflicts of
law. The Executive herby consents to the personal jurisdiction of the state and federal courts located in Virginia for any action or proceeding arising from or relating to any arbitration in which the parties are participants. 
 8.3 The parties may apply to any court of competent jurisdiction for a temporary restraining order, preliminary injunction, or
other interim or conservatory relief, as necessary, without breach of this arbitration agreement and without abridgment of the powers of the arbitrator. 
 8.4 THE EXECUTIVE HEREBY CONFIRMS HE HAS READ AND UNDERSTANDS THIS SECTION 8, WHICH DISCUSSES ARBITRATION, AND UNDERSTANDS THAT BY SIGNING THIS AGREEMENT, HE AGREES, EXCEPT AS PROVIDED IN SECTION 8.3; TO SUBMIT
ANY CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT, OR THE INTERPRETATION, VALIDITY, CONSTRUCTION, PERFORMANCE, BREACH OR TERMINATION OF THIS AGREEMENT TO BINDING ARBITRATION, UNLESS OTHERWISE REQUIRED BY LAW, AND THAT THIS
ARBITRATION CLAUSE CONSTITUTES A WAIVER OF HIS RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES RELATING TO ALL ASPECTS OF HIS RELATIONSHIP WITH THE COMPANY. 
 9. NOTICES. Any notice provided for in this Agreement shall be in writing and shall be either personally delivered, or mailed by first
class mail, return receipt requested, to the recipient at the address indicated below: 
  

							
	To Executive:	 		 	Curtis Kimbrell	 	
				
	 	 		 	/s/ Curtis Kimbrell	 	 
	 	 		 	  	 	 
				
	To Company:	 		 	 HMY RoomStore, Inc.
 12501 Patterson
Ave.
	 	

 subsidiaries and their respective successors, assigns, administrators, receivers, trustees and representatives.

 15. HEADINGS. The headings contained in this Agreement are for reference purposes only and
shall not affect in any way the meaning or interpretation of this Agreement. 
 16. MULTIPLE COUNTERPARTS. This Agreement may
be executed in two or more counterparts,. each of which is deemed to be an original and all of which taken together constitute one and the same agreement. 
 17. FEES AND EXPENSES. All costs and expenses incurred by either party in the preparation, negotiation or performance of this Agreement shall be borne solely by the party incurring the expense without
right of reimbursement. 
 18. FURTHER ASSURANCES. The Executive and the Company covenant and agree that each will execute any
additional instruments and take any actions as may be reasonably requested by the other party to confirm or perfect or otherwise to carry out the intent and purpose of this Agreement. 
 19. CONSTRUCTION. In the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted
jointly by the Executive and the Company, and no presumption or burden of proof shall arise favoring or disfavoring either by virtue of the authorship of any of the provisions of this Agreement. 
 20. SURVIVAL. The Executive and the Company agree that the terms and conditions of Sections 4 through 15 (inclusive), 19, 20 and 21 of this
Agreement shall survive and continue in full force and effect, notwithstanding any expiration or termination of the Employment Period or this Agreement. 
 21. ENTIRE AGREEMENT. This Agreement contains and constitutes the entire agreement between the Executive and the Company and supersedes and cancels the Employment Agreement between the parties dated
December 15, 2004 and any prior agreements, representations, warranties, or communications, whether oral or written, between the Executive and the Company relating to the subject matter hereof in any way. 
 IN WITNESS WHEREOF, the parties have executed and delivered this Employment Agreement as of the date first above written. 
  

									
		 	“COMPANY”	 		 	HMY RoomStore, Inc., a Virgina corporation
					
		 		 		 	By: 	 	 
		 		 		 		 	 Robert Shaffner
 Chairman of the
Board

  

							
		 		 		 	
				
	 	 	“EXECUTIVE”	 		 	/s/ Curtis Kimbrell
		 		 		 	CURTIS KIMBRELL, an individual

 1681949 
  

	 **
	 Note: This contract automatically renewed on June 1st 2007

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00157-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00157-of-00352.parquet"}]]