Document:

Amended and Restated Line of Credit Note

AMENDED AND RESTATED LINE OF CREDIT NOTE

	$15,000,000.00 	Birmingham, Alabama	September 27, 2000

  
        FOR VALUE RECEIVED, the undersigned SUBURBAN
LODGES OF AMERICA,  INC.,  a Georgia  corporation,  SUBURBAN  HOLDINGS,  L.P., a
Georgia  limited  partnership  and  SUBURBAN   CONSTRUCTION,   INC.,  a  Georgia
corporation (hereinafter collectively referred to as “Maker”), jointly
and severally promise to pay to the order of SOUTHTRUST BANK, an Alabama banking
corporation,  successor  by  conversion  to  SouthTrust  Bank,  N.A., a national
banking  corporation  (hereinafter  referred  to  as  “Payee,”   Payee
together with any subsequent  Holder(s)  hereof,  hereinafter  collectively
referred  to as  “Holder”),  at the  office  of Payee  at One  Georgia
Center, 600 West Peachtree Street, Suite 450, Atlanta, Georgia 30308, or at such
other place as Holder may  designate to Maker in writing from time to time,  the
principal sum of Fifteen Million and No/100 Dollars  ($15,000,000.00),  together
with interest  thereon or on so much thereof as is from time to time outstanding
and unpaid (the “Note”),  at the rate hereinafter set forth, in lawful
money of the United States of America,  which shall, at the time of payment,  be
legal  tender  in  payment  of all  debts and dues,  public  and  private,  such
principal and interest to be paid in the following manner, to-wit: 

  
        From
and after the date hereof (until maturity or Default as hereinafter provided),
interest shall accrue hereunder at the rate per annum equal to either (a) the
“Adjusted LIBOR Rate,” which is the sum of two hundred (200) basis
points (one hundred [100] basis points equals one percent (1%) plus the
“LIBOR Rate” and shall be computed on the daily outstanding principal
balance hereunder based on a three hundred sixty (360) day year, or (b) the
“base rate” currently quoted from time to time by Payee as
Payee’s “Base Rate.”. “LIBOR Rate,” as used herein,
means a per annum rate of interest (rounded upwards, if necessary, to the
nearest 1/16 of 1%) equal to the quotient of (i) the “London Interbank
Offered Rate (LIBOR)” for contracts with a maturity date equal to the
“Selected LIBOR Period,” as quoted in the MONEY RATES section of
The Wall Street Journal as effective for contracts entered into two (2)
business days prior to the first day of the Applicable Interest Period, divided
by (ii) 1.00 minus any reserve requirement applicable to “eurodollar
loans” (as such term is defined in Regulation D) for the applicable
Applicable Interest Period (expressed as a decimal). The “Applicable
Interest Period” shall mean either a “Selected Base Period” or a
“Selected LIBOR Period,” as herein defined. A “Selected LIBOR
Period” shall mean one of the following periods of time selected by
Borrower in its Interest Rate Notice, as hereafter provided: thirty (30), sixty
(60), ninety (90), one hundred twenty (120) or one hundred eighty (180) days,
but in no event shall such period extend beyond the Maturity Date. The Adjusted
LIBOR Rate for the Selected LIBOR Period shall apply for the duration of such
Selected LIBOR Period, except as hereinafter provided. A “Selected Base
Period” mean a period of time selected by Borrower (or otherwise applicable
as hereinafter provided) in its Interest Rate Notice during which the Base Rate
is applicable. 

  
        All
capitalized terms set forth herein shall have the same meanings ascribed to them
in the Loan Agreement (as herein defined) unless otherwise herein defined. 

NOTE:   FLORIDA
DOCUMENTARY STAMP TAX IN THE AMOUNT OF $12,915.00 AND FLORIDA NONRECURRING
INTANGIBLE TAX IN THE AMOUNT OF $3,649.26 WERE PAID UPON THE RECORDING IN THE
PUBLIC RECORDS OF PINELLAS, COUNTY, FLORIDA, OF THAT CERTAIN MORTGAGE,
ASSIGNMENT OF RENTS AND SECURITY AGREEMENT DATED AS OF FEBRUARY 18, 2000, GIVEN
BY SUBURBAN HOLDINGS, L.P., A GEORGIA LIMITED PARTNERSHIP IN FAVOR OF SOUTHTRUST
BANK, N.A. 

  
        All
amounts outstanding on the date of this Note shall accrue interest at a rate per
annum equal to the Base Rate. Commencing on the last day of the Initial Interest
Period, and continuing thereafter, or for each Applicable Interest Period, as
the case may be, while any portion of this Note remains outstanding, Maker shall
have the option to elect to have interest on the entire outstanding principal
balance accrue at a per annum interest rate equal to either the Adjusted LIBOR
or the Base Rate. Such election shall be made by Maker giving Holder prior
written or telecopied notice (or telephonic notice promptly confirmed in writing
or by telecopy) of Maker’s interest rate election and Applicable Interest
Period (an “Interest Rate Notice”), such Interest Rate Notice to be
given to Holder not later than 11:00 A.M. (Eastern Time) on the day of such
requested Line of Credit Loan for Domestic Loans, and (ii) 11:00 A.M. (Eastern
Time) three (3) Business Days prior to the day upon which the Line of Credit
Loan is requested by Maker to be funded for Eurodollar Loans. Maker shall be
deemed to have elected to have interest on the entire outstanding principal
balance of this Note accrue at the Base Rate during the ensuing Applicable
Interest Period. Each Interest Rate Notice shall be given by Maker’s Chief
Executive Officer, Chief Financial Officer, Treasurer, or such other person who
may be expressly and specifically designated in writing by any of such persons
at such time to be a representative of Maker with authority to give Interest
Rate Notices on behalf of Maker. Holder shall have no liability to Maker for
refusing to honor any Interest Rate Notice given by any person who Holder is not
reasonably satisfied is so authorized to give any such notice. If Maker fails to
give notice, it shall be deemed to have selected the Base Rate for the
Applicable Interest Period. 

  
        If
the Base Rate increases or decreases at any time or from time to time during
which the Base Rate is in effect, then the rate of interest hereunder shall be
correspondingly increased or decreased effective on the day on which such
increase or decrease of such Base Rate becomes effective. If the Adjusted LIBOR
Rate is in effect, it shall be initially calculated on the date it becomes
effective and shall be recalculated by Holder prior to the commencement of a
subsequent Selected LIBOR Period elected by Borrower in an Interest Rate Notice.
If the recalculation date falls on a date upon which Payee is not open for
business, the recalculation shall occur on the next business day on which Payee
is open for business. Interest so computed shall accrue for each and every day
(365 days per year for Base Rate borrowings, and 360 days per year for LIBOR
Rate borrowings), including the day on which funds are initially advanced
regardless of the time of day such advance is made, and including the day on
which funds are repaid unless repayment is credited prior to 2:00 p.m., the
close of Payee’s business day. 

  
        Interest
on the outstanding principal amount hereunder shall be payable in such amounts
and at such times as more specifically set forth in the Loan Agreement, up to
and including the 30th day of September, 2003 (the “Maturity Date”),
at which time a balloon payment equal to the entire unpaid balance of principal
and interest will be due and payable in full. Monthly payments received by
Holder on or prior to the fifth (5th) day following the first
(1st) day of each month shall not be considered late payments
constituting a Default hereunder (or hereinafter defined). 

  
        Maker
hereby agrees to pay immediately, upon demand by Holder, a late charge equal to
five percent (5%) of any payment due hereunder if such payment is not made on or
before the tenth (10th) day following the due date applicable to such payment. 

    
      In
no event shall the amount of interest due or payable hereunder exceed the
maximum rate of interest allowed by applicable law, and in the event any such
payment is inadvertently paid by Maker or inadvertently received by Holder, then
such excess sum shall be credited as payment of principal, unless Maker shall
notify Holder, in writing, that Maker elects to have such excess sum returned to
it forthwith. It is the express intent hereof that Maker not pay and Holder not
receive, directly or indirectly in any manner whatsoever, interest in excess of
that which may be legally paid by Maker under applicable law. 

    
      It
is hereby expressly agreed that should any default be made in the payment of
principal or interest as stipulated above, or should any Event of Default (as
defined therein) be made in the performance of any of the covenants or
conditions contained in the “Loan Documents” (as that term is
hereinafter defined), or any of them (hereinafter referred to as a
“Default”), then, in such event, the principal indebtedness evidenced
hereby, and any other sums advanced hereunder or under the Loan Documents, or
any of them, together with all unpaid interest accrued thereon, shall, at the
option of Holder and without further notice to Maker, become due and payable and
may be collected forthwith, regardless of the stipulated date of maturity.
Interest shall accrue on the outstanding principal balance of this Note from the
date of any Default hereunder and for so long as such Default continues,
regardless of whether or not there has been an acceleration of the indebtedness
evidenced hereby as set forth herein, at the rate per annum that is two (2)
percentage points in excess of the rate that would have accrued hereunder had
such Default not occurred, which amount shall be compounded on a monthly basis
until such Default has been cured. All such interest shall be paid at the time
of and as a condition precedent to the curing of any such Default. In addition
to, and not in lieu of, any and all rights and remedies available to Holder, as
of the fifth (5th) day of any month during the term of this Note, or any
extension thereof, Holder shall have the right to disburse proceeds of the loan
to itself sufficient to pay accrued interest due but not otherwise having been
paid by Maker. 

  
        It
is contemplated that the principal indebtedness evidenced by this Note may be
reduced or extinguished from time to time and that additional advances to be
evidenced by this Note may be made in the future. Borrower may prepay this Note
in whole or in part at any time without penalty or premium except as more
specifically set forth in the Loan Agreement, but each such prepayment shall be
applied, first, to unpaid interest accrued through the date of such prepayment,
and then to principal. 

  
        Time
is of the essence of this Note. In the event this Note, or any part thereof, is
collected by or through an attorney at law, Maker agrees to pay all costs of
collection, including, but not limited to, reasonable attorney’s fees
actually incurred. 

  
        Presentment
for payment, demand, protest, and notice of demand, protest and non-payment are
hereby waived by Maker. No failure to accelerate the debt evidenced hereby by
reason of default hereunder, acceptance of a past due installment, or
indulgences granted from time to time shall be construed (i) as a novation of
this Note or as a reinstatement of the indebtedness evidenced hereby or as a
waiver of such right of acceleration or of the right of Holder thereafter to
insist upon strict compliance with the terms of this Note, or (ii) to prevent
the exercise of such right of acceleration or any other right granted hereunder
or by the laws of the State of Georgia; and, with the sole exception of any
statute of limitations, Maker hereby expressly waives the benefit of any statute
or rule of law or equity now provided, or which may hereafter be provided, which
would produce a result contrary to, or in conflict with, the foregoing. No
extension of the time for the payment of this Note or any installment due
hereunder, made by agreement with any person now or hereafter liable for the
payment of this Note, shall operate to release, discharge, modify, change or
affect the original liability of Maker under this Note, either in whole or in
part unless Holder agrees otherwise in writing. This Note may not be changed
orally, but only by an agreement in writing signed by the party against whom
enforcement of any waiver, change, modification, or discharge is sought. 

  
        Maker
hereby waives and renounces for itself, its successors and assigns, all rights
to the benefits of any statute of limitations, any moratorium, reinstatement,
marshaling, forbearance, valuation, stay, extension, redemption, appraisement,
exemption and homestead now provided, or which may hereafter be provided by the
Constitution and laws of the United States of America and of any State thereof,
both as to itself and in and to all its property, real and personal, against the
enforcement and collection of the obligations evidenced by this Note. Maker
hereby transfers, conveys and assigns to Holder, a sufficient amount of such
homestead or exemption as may be set apart in bankruptcy, to pay this Note in
full, with all costs of collection, and does hereby direct any trustee in
bankruptcy having possession of such homestead or exemption to deliver to Holder
a sufficient amount of property or money set apart as exempt to pay the
indebtedness evidenced hereby, or any renewal thereof, and does hereby appoint
Holder the attorney-in-fact for Maker to claim any and all homestead exemptions
allowed by law. 

  
        Maker
hereby waives any right Maker may have under any applicable law to a trial by
jury with respect to any suit or legal action which may be commenced by or
against Holder concerning the interpretation, construction, validity,
enforcement or performance of this Note or any other agreement or instrument
executed in connection herewith. In the event any such suit or legal action is
commenced by Holder, Maker hereby expressly agrees, consents and submits to the
personal jurisdiction of any state or federal court sitting in Fulton County,
Georgia, with respect to such suit or legal action, and Maker also expressly
consents and submits to and agrees that venue in any such suit or legal action
is proper in said courts and county and Maker hereby expressly waives any and
all personal rights under applicable law or in equity to object to the
jurisdiction and venue in said courts and county. The jurisdiction and venue of
the courts consented and submitted to and agreed upon in this paragraph are not
exclusive but are cumulative and in addition to the jurisdiction and venue of
any other court under any applicable laws or in equity. 

  
        Except
as provided otherwise in this Note, all notices and other communications under
this Note are to be in writing and are to be deemed to have been duly given and
to be effective upon delivery to the party to whom they are directed. If sent by
a national overnight courier service or by U.S. Mail, first class, certified,
return receipt requested, postage prepaid, and in either case addressed to any
party at its respective addresses set forth beneath its respective signature
below, such notices, demands and other communications are to be deemed to have
been delivered on the first business day after being entrusted to such courier
or on the fifth business day after being so deposited in the U.S. mail. If
transmitted by telecopy to any party at its respective telecopy number set forth
beneath its respective signature below, such notices, demands and other
communications are to be deemed to have been delivered when so transmitted. Any
party hereto may by written notice to the other designate a different address or
telecopy number for receiving notices under this Note; provided, however, that
no such change of address or telecopy number will be effective until written
notice thereof is actually received by the party to whom such change of address
or telecopy number is sent. 

	The address of Maker is: 	Suburban Lodges of America, Inc.

                    300 Galleria Parkway, Suite 1200

                    Atlanta, Georgia 30337

                    Attn.:  Chief Financial Officer
	with a copy to:	Suburban Lodges of America, Inc.

                             300 Galleria Parkway, Suite 1200

                             Atlanta, Georgia 30337

                             Attn.:  Corporate Secretary
	 	Suburban Holdings, L.P.

 300 Galleria Parkway, Suite 1200

 Atlanta, Georgia 30337

Attn:  Chief Financial Officer
	with a copy to: 	Suburban Holdings, L.P.

300 Galleria Parkway, Suite 1200

Atlanta, Georgia 30337

Attn.:  Corporate Secretary
	 	Suburban Construction, Inc.

 300 Galleria Parkway, Suite 1200

 Atlanta, Georgia 30337

 Attn:  Chief Financial Officer
	with a copy to: 	Suburban Construction, Inc.

300 Galleria Parkway, Suite 1200

Atlanta, Georgia 30337

Attn:  Corporate Secretary

  
        If
any provisions of this Note or the application thereof to any person or
circumstance shall be invalid or unenforceable to any extent, the remainder of
this Note and the application of such provisions to other persons or
circumstances shall not be affected thereby and shall be enforced to the
greatest extent permitted by law. 

  
        The
indebtedness evidenced by this Note and the obligations created hereby are
secured by the Security Deeds (as such term is defined in the Loan Agreement),
together with that certain Loan Agreement dated as of February 18, 2000 by and
between Maker and Payee, as modified by that certain Amended and Restated Loan
Agreement dated of even date hereof by and between Maker and Payee (the
“Loan Agreement”), and all other documents evidencing or securing or
in any way related to the indebtedness evidenced hereby, herein referred to
collectively as the “Loan Documents” entered into by and between Maker
and Payee concerning certain extended stay hotels located in Minneapolis,
Minnesota, Columbus, Ohio, Chicago, Illinois, El Paso, Texas, San Antonio,
Texas, Dallas, Texas, Chattanooga, Tennessee and Tampa, Florida, some of which
Loan Documents have previously been or are to be filed for record in the
appropriate public records of said locations, and this Note is the Line of
Credit Note referred to in the Loan Agreement. The sums being advanced hereunder
are being advanced pursuant to Article I, Section 1.3 of the Loan Agreement and
shall be governed by all of the terms and conditions of the Loan Agreement. 

  
        This
Note is intended as a contract under, and shall be construed and enforceable in
accordance with, the laws of the State of Georgia. 

  
        As
used herein, the terms “Maker,” “Payee” and
“Holder” shall be deemed to include their respective heirs,
successors, legal representatives, and assigns, whether by voluntary action of
the parties or by operation of law. 

  
        Amendment
and Restatement. This Amended and Restated Line of Credit Note is an
amendment and restatement of, and replaces in its entirety, that certain Line of
Credit Note dated February 18, 2000, made by Maker to Payee, in the original
principal amount of Fifteen Million and No/100 Dollars ($15,000,000.00),
the terms of which were modified pursuant to that certain Amended and Restated
Loan Agreement executed by and between Maker and Payee dated of even date
hereof. 

[Signatures on following page]

  
        IN WITNESS WHEREOF, Maker has
 executed this Note under seal as of the date first above written. 

	  	  SUBURBAN LODGES OF AMERICA, INC., a

                                                      Georgia corporation

By:     /s/ Paul A. Criscillis, Jr.  

        Paul A. Criscillis, Jr., Chief Financial Officer

	 	[CORPORATE SEAL]

	 	 
	  	  SUBURBAN HOLDINGS, L.P., a Georgia

                                                      limited partnership

By:      Suburban Management, Inc., its

            General Partner

By:     /s/ Paul A. Criscillis, Jr.  

        Paul A. Criscillis, Jr., Chief Financial Officer

	  	  SUBURBAN CONSTRUCTION, INC., a

                                                      Georgia corporation

By:     /s/ Paul A. Criscillis, Jr.  

        Paul A. Criscillis, Jr., Chief Financial Officer

	 	[CORPORATE SEAL]Exhibit 10.22

                         RECEIVABLES TRANSFER AGREEMENT

                          DATED AS OF DECEMBER 19, 2000

                                      AMONG

                   BENTLEY MILLS, INC., as an Original Seller,
                  CHATHAM MARKETING CO., as an Original Seller
             GUILFORD OF MAINE MARKETING CO., as an Original Seller,
                   INTEK MARKETING CO., as an Original Seller,
         INTERFACE ARCHITECTURAL RESOURCES, INC., as an Original Seller,
            INTERFACE FLOORING SYSTEMS, INC., as an Original Seller,
                      PANDEL, INC., as an Original Seller,
            PRINCE STREET TECHNOLOGIES, LTD., as an Original Seller,
                  TOLTEC FABRICS, INC., as an Original Seller,

                                       AND

                                INTERFACE, INC.,
                                  as Originator

<PAGE>

                                           TABLE OF CONTENTS
<TABLE>
<CAPTION>

                                                                                      Page

<S>                                                                                     <C>
ARTICLE I
AMOUNTS AND TERMS OF THE PURCHASE......................................................-2-
                Section 1.1      Purchase of Receivables...............................-2-
                Section 1.2      Payment for the Purchase..............................-3-
                Section 1.3      Purchase Price Credit Adjustments.....................-4-
                Section 1.4      Payments and Computations, Etc........................-5-
                Section 1.5      Transfer of Records...................................-5-
                Section 1.6      Characterization......................................-6-

ARTICLE II
REPRESENTATIONS AND WARRANTIES..........................................................-6-
                Section 2.1      Representations and Warranties
                                 of Original Sellers...................................-6-

ARTICLE III
CONDITIONS OF PURCHASE................................................................-11-
                Section 3.1      Conditions Precedent to Purchase.....................-11-
                Section 3.2      Conditions Precedent to Subsequent Payments..........-11-

ARTICLE IV
COVENANTS.............................................................................-11-
                Section 4.1      Affirmative Covenants of Original Seller.............-11-
                Section 4.2      Negative Covenants of Original Sellers...............-16-

ARTICLE V
TERMINATION EVENTS....................................................................-17-
                Section 5.1      Termination Events...................................-17-
                Section 5.2      Remedies.............................................-19-

ARTICLE VI
INDEMNIFICATION......................................................................-20-
               Section 6.1      Indemnities by Original Seller.......................-20-

                                           -i-
<PAGE>

               Section 6.2      Other Costs and Expenses.............................-22-

ARTICLE VII
MISCELLANEOUS........................................................................-23-
               Section 7.1      Waivers and Amendments...............................-23-
               Section 7.2      Notices..............................................-23-
               Section 7.3      Protection of Ownership Interests of Originator......-23-
               Section 7.4      Confidentiality......................................-24-
               Section 7.5      Bankruptcy Petition..................................-26-
               Section 7.7      CHOICE OF LAW........................................-26-
               Section 7.8      CONSENT TO JURISDICTION..............................-26-
               Section 7.9      WAIVER OF JURY TRIAL.................................-27-
               Section 7.10     Integration; Binding Effect;
                                Survival of Terms....................................-27-
               Section 7.11     Counterparts; Severability;
                                Section References...................................-28-

                                           -ii-
<PAGE>

                        Exhibits and Schedules

Exhibit I      -      Definitions

Exhibit II     -      Principal Place of Business; Location(s) of Records;
                      Federal Employer Identification Number

Exhibit III    -      Lock-Boxes; Collection Accounts; Collection Banks

Exhibit IV     -      [Intentionally omitted.]

Exhibit V      -      Credit and Collection Policies

Schedule A            List of Documents to Be Delivered to Originator Prior
                      to the Purchase
</TABLE>

                                     -iii-
<PAGE>

                         RECEIVABLES TRANSFER AGREEMENT

         THIS RECEIVABLES TRANSFER AGREEMENT,  dated as of December 19, 2000, is
by and among Bentley Mills, Inc., a Delaware  Corporation  ("Bentley"),  Chatham
Marketing  Co., a North  Carolina  corporation  ("Chatham"),  Guilford  of Maine
Marketing Co., a Nevada corporation ("Guilford"),  Intek Marketing Co., a Nevada
corporation  ("Intek"),  Interface  Architectural  Resources,  Inc.,  a Michigan
corporation  ("Interface  Architectural"),  Interface Flooring Systems,  Inc., a
Georgia corporation ("Interface Flooring"),  Pandel, Inc., a Georgia corporation
("Pandel"),  Prince Street  Technologies,  Ltd., a Georgia corporation  ("Prince
Street"),  Toltec  Fabrics,  Inc.,  a  Georgia  corporation  ("Toltec,"  each of
Bentley, Chatham, Guilford, Intek, Interface Architectural,  Interface Flooring,
Pandel,  Prince Street and Toltec, an "Original Seller" and,  collectively,  the
"Original Sellers"), and INTERFACE, INC., a Delaware corporation ("Originator").
Unless defined elsewhere herein,  capitalized terms used in this Agreement shall
have the meanings assigned to such terms in Exhibit I hereto (or, if not defined
in  Exhibit I hereto,  the  meaning  assigned  to such term in  Exhibit I to the
Purchase Agreement).

                             PRELIMINARY STATEMENTS

                  Each of Chatham,  Pandel and Interface  Architectural (each, a
         "New Original Seller" and, collectively, the "New Original Sellers" now
         owns, and from time to time hereafter will own, Receivables.

                  Each of Bentley, Guilford and Interface Flooring is a party to
         a Transfer Agreement,  each dated August 4, 1995, between such Original
         Seller and Buyer, and each of Intek, Prince Street and Toltec (each, an
         "Existing  Original  Seller" and,  together with Bentley,  Guilford and
         Interface Flooring,  collectively,  the "Existing Original Sellers") is
         party to a Transfer  Agreement,  each dated December 27, 1996,  between
         such Original Seller and Originator (each such Transfer  Agreement,  as
         previously  amended or modified and as in effect on the date hereof, an
         "Existing  Agreement" and,  collectively,  the "Existing  Agreements"),
         pursuant  to which  the  Originator  purchases  receivables  from  such
         Existing Original Seller in accordance with the terms thereof.  Each of
         the  Existing  Original  Sellers  wishes to  terminate  its  respective
         Existing  Agreement in accordance with the terms thereof,  and to enter
         into  this  Agreement  on the terms and  conditions  set forth  herein,
         pursuant to which the New Original  Sellers and the  Existing  Original
         Sellers will sell to Originator and Originator  will purchase from such
         New Original  Sellers and Existing  Original  Sellers their  respective
         Receivables,  together with the Related  Security and Collections  with
         respect thereto, in accordance with the terms and conditions thereof.

                  Each  the   Original   Sellers  and   Originator   intend  the
         transactions  contemplated  hereby to be true sales of the  Receivables
         from each such Original Seller to Originator, providing Originator with
         the full benefits of ownership of the  Receivables,  and neither any of
         the Original Sellers nor Originators  intend these  transactions to be,
         or for any purpose to be characterized as, loans from Originator to any
         Original Seller.
<PAGE>

                  Following  the  purchase  of  Receivables  from  the  Original
         Sellers,   (a)  Originator   will  sell  to  Interface   Securitization
         Corporation  ("SPV")  and SPV will  purchase  from  Originator,  all of
         Originator's  right,  title  and  interest  in and to the  Receivables,
         Related  Security and Collections  purchased by Originator  pursuant to
         the terms of a certain  Receivables  Sales  Agreement,  dated as of the
         date  hereof,  between  Originator  and SPV (as  amended,  restated  or
         otherwise modified from time to time, the "Receivables Sale Agreement")
         in accordance  with the terms  thereof and (b) SPV will sell  undivided
         interests  therein  pursuant  to  that  certain  Receivables   Purchase
         Agreement  dated as of the date  hereof  (as the same may from  time to
         time  hereafter  be  amended,   supplemented,   restated  or  otherwise
         modified,  the "Purchase  Agreement")  among SPV,  Interface,  Inc., as
         Servicer, Jupiter Securitization Corporation ("Company"), the financial
         institutions   from  time  to  time   party   thereto   as   "Financial
         Institutions"  and Bank One, NA (Main Office  Chicago) or any successor
         agent  appointed  pursuant to the terms of the Purchase  Agreement,  as
         agent for Company and such  Financial  Institutions  (in such capacity,
         the "Agent").

         NOW,  THEREFORE,  in  consideration  of the foregoing  premises and the
mutual  agreements  herein contained and other good and valuable  consideration,
the receipt and adequacy of which are hereby  acknowledged,  the parties  hereto
agree as follows:

                                    ARTICLE I
                        AMOUNTS AND TERMS OF THE PURCHASE

         Section 1.1 Purchase of Receivables.
                     ------------------------

                  (a)  Effective on the date hereof,  in  consideration  for the
Purchase  Price and upon the  terms  and  subject  to the  conditions  set forth
herein,  each Original Seller does hereby sell, assign,  transfer,  set-over and
otherwise convey to Originator, without recourse (except to the extent expressly
provided herein), and Originator does hereby purchase from each Original Seller,
all of such Original  Seller's  right,  title and interest in and to all of such
Original  Seller's  Receivables  existing  as of the  close of  business  on the
Business Day immediately prior to the date hereof and all Receivables thereafter
arising through and including the Termination Date, together, in each case, with
all Related Security relating thereto and all Collections thereof. In accordance
with the preceding sentence,  on the date hereof Originator shall acquire all of
such  Original  Seller's  right,  title  and  interest  in and  to  all of  such
Receivables existing as of the close of business on the Business Day immediately
prior to the date  hereof and  thereafter  arising  through  and  including  the
Termination  Date,  together with all Related Security  relating thereto and all
Collections thereof. Originator shall be obligated to pay the Purchase Price for

                                     Page 2
<PAGE>
the  Receivables   purchased  hereunder  in  accordance  with  Section  1.2.  In
connection with consummation of the Purchase Price for any Receivables purchased
hereunder,  Originator may request that each Original Seller  deliver,  and each
Original Seller shall deliver, such approvals, opinions, information, reports or
documents as Originator may reasonably request.

                  (b) It is  the  intention  of  the  parties  hereto  that  the
Purchase of Receivables  made hereunder shall  constitute a sale,  which sale is
absolute and  irrevocable  and  provides  Originator  with the full  benefits of
ownership  of the  Receivables.  Except  for the  Purchase  Price  Credits  owed
pursuant to Section  1.3,  the sale of  Receivables  hereunder  is made  without
recourse to any  Original  Seller;  provided,  however,  that (i) each  Original
Seller  shall be  liable  to  Originator  for all  representations,  warranties,
covenants and indemnities  made by such Original Seller pursuant to the terms of
the  Transaction  Documents to which such Original  Seller is a party,  and (ii)
such sale does not  constitute and is not intended to result in an assumption by
Originator or any assignee  thereof of any obligation of any Original  Seller or
any other  Person  arising  in  connection  with the  Receivables,  the  related
Contracts and/or other Related Security or any other obligations of any Original
Seller.  In view of the  intention  of the parties  hereto that the  Purchase of
Receivables made hereunder shall  constitute a sale of such  Receivables  rather
than loans  secured  thereby,  each  Original  Seller agrees that it will, on or
prior to the date hereof and in  accordance  with Section  4.1(e)(ii),  mark its
master  data  processing  records  relating  to the  Receivables  with a  legend
acceptable to Originator,  SPV (as  Originator's  assignee) and to the Agent (as
SPV's  assignee),  evidencing that Originator has purchased such  Receivables as
provided in this  Agreement  and to note in its  financial  statements  that its
Receivables  have been sold to Originator.  Upon the request of Originator,  SPV
(as  Originator's  assignee)  or the Agent (as SPV's  assignee),  each  Original
Seller will  execute and file such  financing  or  continuation  statements,  or
amendments  thereto  or  assignments  thereof,  and such  other  instruments  or
notices,  as may be  necessary  or  appropriate  to  perfect  and  maintain  the
perfection of Originator's ownership interest in the Receivables and the Related
Security  and  Collections  with  respect  thereto,  or as  Originator,  SPV (as
Originator's assignee) or the Agent (as SPV's assignee) may reasonably request.

         Section 1.2 Payment for the Purchase.
                     ------------------------

                  (a) The  Purchase  Price for the  Purchase of  Receivables  in
existence on the close of business on the Business Day immediately preceding the
date hereof (the  "Initial  Cutoff Date") shall be payable in full by Originator
to the Original Seller of such Receivables on the date hereof, and shall be paid
to such Original Seller by delivery of immediately available funds. The Purchase
Price for each  Receivable  coming into existence  after the Initial Cutoff Date
shall be due and  owing in full by  Originator  to the  Original  Seller of such
Receivable or its designee on the date each such  Receivable came into existence
(except that  Originator  may, with respect to any such Purchase  Price,  offset
against such Purchase Price any amounts owed by the applicable Original

                                     Page 3
<PAGE>

Seller to Originator  hereunder and that have become due but remain  unpaid) and
shall be paid to such  Original  Seller in the manner  provided in the following
paragraphs (b), (c) and (d).

                  (b) With  respect to any  Receivables  coming  into  existence
after the Initial Cutoff Date, on each Settlement Date, Originator shall pay the
Purchase  Price  therefor  in  accordance  with  Section  1.2(d) by  delivery of
immediately available funds.

                  (c) From and after the  Termination  Date, no Original  Seller
shall sell Receivables to Originator.

                  (d)  Although the Purchase  Price for each  Receivable  coming
into existence after the Initial Cutoff Date shall be due and payable in full by
Originator to the Original Seller of such Receivable on the date such Receivable
came into  existence,  settlement of the Purchase  Price between  Originator and
each Original  Seller shall be effected on each  Settlement Date with respect to
all Receivables coming into existence (i) if settlement is effected on a monthly
basis, during the same Calculation Period and based on information  contained in
the Monthly  Report  delivered by the  Servicer  pursuant to Article VIII of the
Purchase  Agreement for the  Calculation  Period most recently  ended or (ii) if
settlement is effected on a weekly  basis,  during the calendar week reported in
the Weekly  Report most recently  delivered by the Servicer  pursuant to Article
VIII of the Purchase  Agreement and based on the  information  contained in such
Weekly Report.  Although  settlement shall be effected in the foregoing  manner,
increases  or decreases  in the amount  owing under the  Subordinated  Note made
pursuant to Section  1.2(b) and any  contribution  of capital by  Originator  to
Originator  made pursuant to Section 1.2(b) shall be deemed to have occurred and
shall be effective  as of the last  Business  Day of the  Calculation  Period to
which such settlement relates.

         Section 1.3 Purchase Price Credit Adjustments. If on any day:
                     ---------------------------------

                  (a) the Outstanding Balance of a Receivable is:

                           (i) reduced as a result of any  defective or rejected
                  or returned goods or services,  any discount or any adjustment
                  or otherwise by the Original Seller of such Receivable  (other
                  than cash Collections on account of the Receivables),

                           (ii)  reduced or  canceled as a result of a setoff in
                  respect of any claim by any Person  (whether such claim arises
                  out of the  same  or a  related  transaction  or an  unrelated
                  transaction), or

                  (b) any Contract with respect to any Receivable  shall fail to
create a legal,  valid and binding  obligation of the related Obligor to pay the
Outstanding  Balance  of the  Receivable  created  thereunder  and  any  accrued
interest thereon, or

                                     Page 4
<PAGE>

                  (c) any of the  representations  and  warranties  set forth in
Article II are not true when made or deemed made with respect to any Receivable,
then, in such event, Originator shall be entitled to a credit (each, a "Purchase
Price Credit")  against the Purchase Price  otherwise  payable  hereunder to the
Original  Seller of such  Receivable  equal to the  Outstanding  Balance of such
Receivable  (calculated  before  giving  effect to the  applicable  reduction or
cancellation). If such Purchase Price Credit exceeds the Original Balance of the
Receivables of such Original  Seller coming into existence on any day, then such
Original Seller shall pay the remaining  amount of such Purchase Price Credit in
cash immediately.

         Section 1.4 Payments and  Computations,  Etc. All amounts to be paid or
                     --------------------------------
deposited by Originator  hereunder shall be paid or deposited in accordance with
the  terms  hereof  on the day when due in  immediately  available  funds to the
account of the applicable  Original Seller  designated from time to time by such
Original Seller or as otherwise  directed by such Original Seller.  In the event
that any payment owed by any Person hereunder becomes due on a day that is not a
Business Day, then such payment  shall be made on the next  succeeding  Business
Day.  If any Person  fails to pay any amount  hereunder  when due,  such  Person
agrees to pay, on demand, the Default Fee in respect thereof until paid in full;
provided,  however,  that such  Default  Fee shall  not at any time  exceed  the
maximum rate permitted by applicable law. All  computations of interest  payable
hereunder shall be made on the basis of a year of 360 days for the actual number
of days (including the first but excluding the last day) elapsed.

         Section 1.5 Transfer of Records.
                     -------------------

                  (a) In connection with the Purchase of Receivables  hereunder,
each Original Seller hereby sells,  transfers,  assigns and otherwise conveys to
Originator all of such Original  Seller's right and title to and interest in the
Records  relating to all Receivables  sold  hereunder,  without the need for any
further  documentation in connection with the Purchase.  In connection with such
transfer,  each Original  Seller hereby grants to each of  Originator,  SPV, the
Agent and the Servicer an  irrevocable,  non-exclusive  license to use,  without
royalty or payment of any kind,  all software  used by such  Original  Seller to
account  for  its  Receivables,  to the  extent  necessary  to  administer  such
Receivables,  whether such software is owned by such Original Seller or is owned
by others and used by such Original Seller under license agreements with respect
thereto,  provided  that should the consent of any licensor of such  software be
required for the grant of the license described  herein,  to be effective,  such
Original   Seller  hereby  agrees  that  upon  the  request  of  Originator  (or
Originator's assignee),  such Original Seller will use its reasonable efforts to
obtain the consent of such  third-party  licensor.  The license  granted  hereby
shall be  irrevocable  until the  indefeasible  payment in full of the Aggregate
Unpaids, and shall terminate on the date this Agreement terminates in accordance
with its terms.

                                     Page 5
<PAGE>

                  (b) Each Original Seller (i) shall take such action  requested
by  Originator,  SPV (as  Originator's  assignee)  and/or  the  Agent  (as SPV's
assignee),  from time to time hereafter, that may be necessary or appropriate to
ensure that  Originator,  SPV and their  respective  assigns have an enforceable
ownership  interest in the Records  relating to the  Receivables  purchased from
such Original  Seller  hereunder,  and (ii) shall use its reasonable  efforts to
ensure that Originator,  SPV, the Agent and the Servicer each has an enforceable
right (whether by license or sublicense or otherwise) to use all of the computer
software used to account for the Receivables and/or to recreate such Records.

                  Section  1.6   Characterization.   If,   notwithstanding   the
                                 ----------------
intention of the parties  expressed in Section 1.1(b),  any sale by any Original
Seller to Originator of Receivables  hereunder shall not be  characterized  as a
sale or such sale shall for any reason be  ineffective  or  unenforceable,  then
this  Agreement  shall be deemed  to,  and hereby  does,  constitute  a security
agreement  under the UCC and other  applicable law. For this purpose and without
being in  derogation  of the  parties'  intention  that the sale of  Receivables
hereunder  shall  constitute a true sale thereof,  each  Original  Seller hereby
grants to Originator a valid and  enforceable  security  interest in all of such
Original Seller's right, title and interest in, to and under all Receivables now
existing and  hereafter  arising,  all  Collections  and Related  Security  with
respect  thereto,  each Lock-Box and  Collection  Account,  all other rights and
payments relating to the Receivables and all proceeds of the foregoing to secure
the prompt and complete  payment of a loan deemed to have been made in an amount
equal to the aggregate  outstanding  Purchase  Price of such  Original  Seller's
Receivables  together  with  all  other  obligations  of  such  Original  Seller
hereunder,  which  security  interest shall be prior to all other Adverse Claims
thereto.  Originator  and its assigns  shall have, in addition to the rights and
remedies that they may have under this Agreement,  all other rights and remedies
provided to a secured  creditor  under the UCC and other  applicable  law, which
rights and remedies shall be cumulative.

                                   ARTICLE II
                         REPRESENTATIONS AND WARRANTIES

                  Section  2.1   Representations   and  Warranties  of  Original
                                 -----------------------------------------------
Sellers.  Each Original  Seller hereby  represents and warrants to Originator on
-------
the date  hereof,  on the date of the Purchase and on each date that any of such
Original Seller's Receivables comes into existence that:

                  (a) Corporate  Existence and Power.  Such Original Seller is a
corporation duly organized, validly existing and in good standing under the laws
of its state of  incorporation,  and is duly  qualified to do business and is in
good standing as a foreign  corporation,  and has and holds all corporate  power
and all governmental licenses,  authorizations,  consents and approvals required
to  carry  on its  business  in each  jurisdiction  in  which  its  business  is
conducted, except where the failure to do so could not reasonably be expected to
have a Material Adverse Effect.

                                     Page 6
<PAGE>

                  (b) Power and  Authority;  Due  Authorization,  Execution  and
Delivery.  The execution and delivery by such Original  Seller of this Agreement
and each other Transaction  Document to which it is a party, and the performance
of its obligations  hereunder and thereunder and, such Original  Seller's use of
the proceeds of the  Purchase  from such  Original  Seller made  hereunder,  are
within its corporate powers and authority,  and have been duly authorized by all
necessary   corporate  action  on  its  part.  This  Agreement  and  each  other
Transaction  Document  to which  such  Original  Seller is a party has been duly
executed and delivered by such Original Seller.

                  (c) No Conflict.  The  execution and delivery by such Original
Seller of this  Agreement and each other  Transaction  Document to which it is a
party,  and the performance of its  obligations  hereunder and thereunder do not
contravene  or violate  (i) its  certificate  or articles  of  incorporation  or
by-laws,  (ii)  any  law,  rule  or  regulation  applicable  to  it,  (iii)  any
restrictions under any agreement,  contract or instrument to which it is a party
or by  which it or any of its  property  is  bound,  or (iv)  any  order,  writ,
judgment,  award,  injunction  or  decree  binding  on or  affecting  it or  its
property,  and do not result in the creation or  imposition of any Adverse Claim
on assets  of such  Original  Seller  or its  Subsidiaries  (except  as  created
hereunder), except, in any case, where such contravention or violation could not
reasonably  be  expected  to have a  Material  Adverse  Effect.  No  transaction
contemplated hereby requires compliance with any bulk sales act or similar law.

                  (d) Governmental  Authorization.  Other than the filing of the
financing  statements required hereunder,  no authorization or approval or other
action  by,  and no notice to or filing  with,  any  governmental  authority  or
regulatory  body is required for the due execution and delivery by such Original
Seller of this  Agreement and each other  Transaction  Document to which it is a
party and the performance of its obligations hereunder.

                  (e) Actions, Suits. There are no actions, suits or proceedings
pending, or to the best of such Original Seller's knowledge, threatened, against
or affecting such Original  Seller,  or any of its properties,  in or before any
court,  arbitrator  or other body,  that could  reasonably be expected to have a
Material Adverse Effect.  Such Original Seller is not in default with respect to
any order of any court, arbitrator or governmental body that could reasonably be
expected to have a Material Adverse Effect.

                  (f) Binding Effect.  This Agreement and each other Transaction
Document to which such Original  Seller is a party  constitute the legal,  valid
and  binding  obligations  of such  Original  Seller  enforceable  against  such
Original  Seller in  accordance  with  their  respective  terms,  except as such
enforcement may be limited by applicable bankruptcy, insolvency,  reorganization
or other similar laws relating to or limiting creditors' rights generally and by
general principles of equity  (regardless of whether  enforcement is sought in a
proceeding in equity or at law).

                                     Page 7
<PAGE>

                  (g)  Accuracy  of  Information.   All  information  heretofore
furnished by such Original Seller or any of its Affiliates to Originator (or its
assigns) for purposes of or in connection with this Agreement,  any of the other
Transaction Documents or any transaction  contemplated hereby or thereby is true
and accurate in every material respect on the date such information is stated or
certified  and does not contain  any  material  misstatement  of fact or omit to
state a material  fact or any fact  necessary to make the  statements  contained
therein not misleading as of the date such information is stated or certified.

                  (h) Use of Proceeds. No proceeds of any Purchase Price payment
to such Original Seller  hereunder will be used (i) for a purpose that violates,
or would be  inconsistent  with, any law, rule or regulation  applicable to such
Original  Seller or (ii) to acquire  any  security  in any  transaction  that is
subject to Section 13 or 14 of the Securities Exchange Act of 1934, as amended.

                  (i) Good Title.  Immediately prior to the Purchase  hereunder,
each Original  Seller is the legal and beneficial  owner of the  Receivables and
the Related Security with respect thereto,  free and clear of any Adverse Claim,
except as created by the Transaction  Documents.  There have been duly filed all
financing  statements or other similar  instruments or documents necessary under
the UCC (or any comparable law) of all appropriate jurisdictions to perfect such
Original Seller's ownership interest in each Receivable, its Collections and the
Related Security.

                  (j) Perfection.  This  Agreement,  together with the filing of
the financing  statements  contemplated hereby, is effective to, and shall, upon
each Purchase  hereunder,  transfer to Originator (and Originator  shall acquire
from such Original  Seller) (i) legal and equitable  title to, with the right to
sell and encumber each Receivable  existing or hereafter arising,  together with
the Collections  with respect  thereto,  and (ii) all of such Original  Seller's
right,  title  and  interest  in  the  Related  Security  associated  with  each
Receivable, in each case, free and clear of any Adverse Claim, except as created
by the  Transactions  Documents.  There  have  been  duly  filed  all  financing
statements or other similar instruments or documents necessary under the UCC (or
any comparable law) of all  appropriate  jurisdictions  to perfect  Originator's
ownership interest in the Receivables, the Related Security and the Collections.

                  (k)  Places   of  Business  and  Locations  of  Records.   The
principal  places of business and chief executive office of such Original Seller
and the offices where it keeps all of its Records are located at the address(es)
listed on  Exhibit  II or such  other  locations  of which  Originator  has been
notified in accordance  with Section  4.2(a) in  jurisdictions  where all action
required by Section 4.2(a) has been taken and completed.  Such Original Seller's
Federal Employer Identification Number is correctly set forth on Exhibit II.

                                     Page 8
<PAGE>

                  (l)  Collections. The conditions and requirements set forth in
Section  4.1(j) have at all times been satisfied and duly  performed.  The names
and addresses of all Collection Banks,  together with the account numbers of the
Collection Accounts of such Original Seller at each Collection Bank and the post
office box number of each  Lock-Box,  are listed on Exhibit III.  Such  Original
Seller has not granted  any  Person,  other than  Originator  (and its  assigns)
dominion and control of any Lock-Box or Collection Account, or the right to take
dominion and control of any such Lock-Box or Collection Account at a future time
or upon the occurrence of a future event.

                  (m)  Material  Adverse  Effect.  Since  December 31, 1999,  no
event has occurred that would have a Material Adverse Effect.

                  (n)  Names.  In the past five (5) years,  such Original Seller
has not used any  corporate  names,  trade names or assumed names other than the
name in which it has executed this Agreement.

                  (o) Ownership of  Originator.  Originator  owns,  directly or
indirectly,  100% of the issued and  outstanding  capital stock of each Original
Seller,  free and clear of any  Adverse  Claim.  Such  capital  stock is validly
issued,  fully paid and  nonassessable,  and there are no  options,  warrants or
other rights to acquire securities of Original Seller.

                  (p) Not a Holding  Company  or an  Investment  Company.  Such
Original Seller is not a "holding company" or a "subsidiary  holding company" of
a "holding company" within the meaning of the Public Utility Holding Company Act
of 1935, as amended,  or any successor  statute.  Such Original Seller is not an
"investment  company" within the meaning of the Investment  Company Act of 1940,
as amended, or any successor statute.

                  (q) Compliance with Law. Such Original Seller has complied in
all respects  with all  applicable  laws,  rules,  regulations,  orders,  writs,
judgments,  injunctions,  decrees or awards to which it may be  subject,  except
where the  failure  to so comply  could not  reasonably  be  expected  to have a
Material  Adverse Effect.  Each  Receivable,  together with the Contract related
thereto,  does not contravene any laws, rules or regulations  applicable thereto
(including, without limitation, laws, rules and regulations relating to truth in
lending, fair credit billing,  fair credit reporting,  equal credit opportunity,
fair debt collection practices and privacy),  and no part of such Contract is in
violation of any such law, rule or regulation,  except where such  contravention
or violation could not reasonably be expected to have a Material Adverse Effect.

                  (r)  Compliance  with Credit and  Collection  Policies.  Such
Original  Seller  has  complied  in all  material  respects  with such  Original
Seller's  Credit and

                                     Page 9
<PAGE>

Collection Policy with regard to each Receivable and the related  Contract,  and
has not made any  change to such  Credit  and  Collection  Policy,  except  such
material  change as to which  Originator  (or its assigns) has been  notified in
accordance with Section 4.1(a)(vii).

                  (s)  Payments  to  Original  Sellers.  With  respect  to  each
Receivable  transferred to Originator by such Original Seller hereunder or under
any Existing  Agreement,  the Purchase  Price  received by such Original  Seller
constitutes  reasonably  equivalent  value in  consideration  therefor  and such
transfer was not made for or on account of an  antecedent  debt.  No transfer by
such Original Seller of any Receivable hereunder or under any Existing Agreement
is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11
U.S.C. ss.ss. 101 et seq.), as amended.

                  (t)  Enforceability of Contracts.  Each Contract with  respect
to each  Receivable  of such  Original  Seller is effective  to create,  and has
created, a legal, valid and binding obligation of the related Obligor to pay the
Outstanding  Balance  of the  Receivable  created  thereunder  and  any  accrued
interest thereon,  enforceable against the Obligor in accordance with its terms,
except as such enforcement may be limited by applicable bankruptcy,  insolvency,
reorganization  or other similar laws relating to or limiting  creditors' rights
generally and by general principles of equity (regardless of whether enforcement
is sought in a proceeding in equity or at law).

                  (u) Eligible  Receivables.  Each  Receivable of such Original
Seller  included  at any  time in the Net  Receivables  Balance  as an  Eligible
Receivable  was,  (i) in the case of the  Existing  Receivables,  as of the date
hereof, and, (ii) in the case of all other Receivables, on the later to occur of
the  date of the  Purchase  and the date it came  into  existence,  an  Eligible
Receivable on such date.

                  (v)  Accounting.  The  manner in which such  Original  Seller
accounts for the transactions contemplated by this Agreement does not jeopardize
the  characterization  of the  transactions  contemplated  herein as being  true
sales.

                                   ARTICLE III
                             CONDITIONS OF PURCHASE

                  Section 3.1  Conditions  Precedent to  Purchase.  The Purchase
under this Agreement is subject to the conditions  precedent that (a) Originator
shall have  received  on or before  the date of such  purchase  those  documents
listed on Schedule A and (b) all of the conditions to the initial purchase under
the  Receivables  Sale  Agreement  and the  Purchase  Agreement  shall have been
satisfied or waived in accordance with the terms thereof.

                  Section  3.2  Conditions  Precedent  to  Subsequent  Payments.
Originator's  obligation to pay for Receivables  coming into existence after the
Initial  Cutoff Date shall be

                                    Page 10
<PAGE>

subject to the further  conditions  precedent that (a) the Facility  Termination
Date  shall not have  occurred;  (b)  Originator  (or its  assigns)  shall  have
received  such other  approvals,  opinions  or  documents  as it may  reasonably
request and (c) on the date such Receivable  came into existence,  the following
statements  shall be true (and  acceptance of the proceeds of any payment by any
Original  Seller  for such  Receivable  shall be  deemed  a  representation  and
warranty by such Original Seller that such statements are then true):

                  (i) the representations and warranties of such Original Seller
set  forth  in  Article  II are  true and  correct  on and as of the  date  such
Receivable came into existence as though made on and as of such date; and

                  (ii)  no  event  has  occurred  and is  continuing  that  will
constitute a Termination Event or a Potential Termination Event.

Notwithstanding the foregoing conditions precedent, upon payment of the Purchase
Price for any Receivable (whether by payment of cash and/or by offset of amounts
owed to  Originator),  title to such  Receivable  and the Related  Security  and
Collections  with respect  thereto shall vest in Originator,  whether or not the
conditions precedent to Originator's  obligation to pay for such Receivable were
in fact  satisfied.  The  failure of any  Original  Seller to satisfy any of the
foregoing  conditions  precedent,  however,  shall  give  rise  to  a  right  of
Originator  to rescind the related  purchase of  Receivables  from such Original
Seller and to direct such  Original  Seller to pay to Originator an amount equal
to the  Purchase  Price  payment  that shall have been made with  respect to any
Receivables related thereto.

                                   ARTICLE IV
                                    COVENANTS

                  Section 4.1 Affirmative  Covenants of Original Sellers.  Until
the date on which this Agreement  terminates in accordance with its terms,  each
Original Seller hereby covenants as set forth below:

                           (a)  Reporting.  Such Original  Seller will maintain,
for itself and each of its Subsidiaries,  a system of accounting established and
administered  in  accordance  with  GAAP,  and  furnish  to  Originator  (or its
assigns):

                                    (i)   Change   in  Credit   and   Collection
Policies.  At least thirty (30) days prior to the  effectiveness of any material
change in or material  amendment to such Original Seller's Credit and Collection
Policy,  a copy of such Original  Seller's Credit and Collection  Policy then in
effect and a notice (A)  indicating  such change or  amendment,  and (B) if such
proposed change or amendment could adversely  affect the  collectibility  of the
Receivables of such Original  Seller or decrease the

                                    Page 11
<PAGE>

credit  quality  of any  newly  created  Receivables  of such  Original  Seller,
requesting Originator's consent thereto.

                                    (ii) Other Information.  Promptly, from time
to time, such other information,  documents,  records or reports relating to the
Receivables  or the condition or  operations,  financial or  otherwise,  of such
Original  Seller as Originator (or its assigns) may from time to time reasonably
request in order to protect the interests of Originator  (and its assigns) under
or as contemplated by this Agreement.

                  (b) Notices.  Such Original  Seller will notify the Originator
(or its assigns) in writing of any of the  following  promptly  upon learning of
the occurrence thereof,  describing the same and, if applicable, the steps being
taken with respect thereto:

                           (i)  Termination  Events  or  Potential   Termination
Events. The occurrence of each Termination Event and each Potential  Termination
Event, by a statement of an Authorized Officer of such Original Seller.

                           (ii)  Judgment and  Proceedings. (1) The entry of any
judgment or decree against such Original  Seller or any of its  Subsidiaries  if
the aggregate amount of all judgments and decrees then outstanding  against such
Original  Seller and its  Subsidiaries  could  reasonably  be expected to have a
Material Adverse Effect, and (2) the institution of any litigation,  arbitration
proceeding or governmental proceeding against such Original Seller.

                           (iii) Material  Adverse Effect. The occurrence of any
event or  condition  that has had, or could  reasonably  be expected to have,  a
Material Adverse Effect.

                           (iv) Defaults Under Other  Agreements. The occurrence
of a  default  or an  event  of  default  under  any  other  material  financing
arrangement pursuant to which such Original Seller is a debtor or an obligor.

                           (v) Downgrade of the Interface.  Any downgrade in the
rating of any  Indebtedness  of Interface,  Inc. by Standard and Poor's  Ratings
Group or by Moody's  Investors  Service,  Inc.,  setting forth the  Indebtedness
affected and the nature of such change.

                  (c)  Compliance  with  Laws  and   Preservation  of  Corporate
Existence.  Such Original Seller will comply in all respects with all applicable
laws, rules,

                                    Page 12
<PAGE>

regulations,  orders, writs, judgments,  injunctions, decrees or awards to which
it may be subject, except where the failure to so comply could not reasonably be
expected to have a Material  Adverse Effect.  Such Original Seller will preserve
and maintain its corporate existence,  rights,  franchises and privileges in the
jurisdiction  of its  incorporation,  and qualify and remain  qualified  in good
standing as a foreign  corporation  in each  jurisdiction  where its business is
conducted, except where the failure to so preserve and maintain or qualify could
not reasonably be expected to have a Material Adverse Effect.

                  (d) Audits.  Such  Original  Seller will furnish to Originator
(or its assigns) from time to time such  information  with respect to it and the
Receivables as Originator (or its assigns) (subject to the last sentence of this
Section 4.1(d)) may reasonably request.  Such Original Seller will, from time to
time during regular  business hours as requested by Originator (or its assigns),
upon  reasonable  notice and at the sole cost of such  Original  Seller,  permit
Originator (or its assigns) or their respective agents or  representatives,  (i)
to examine and make copies of and abstracts  from all Records in the  possession
or under the control of such Original Seller relating to the Receivables and the
Related Security, including, without limitation, the related Contracts, and (ii)
to visit the offices and  properties of such Original  Seller for the purpose of
examining such materials  described in clause (i) above,  and to discuss matters
relating to such Original  Seller's  financial  condition or the Receivables and
the Related  Security or such  Original  Seller's  performance  under any of the
Transaction  Documents or such Original Seller's performance under the Contracts
and, in each case, with any of the officers or employees of such Original Seller
having knowledge of such matters.  All such  examinations and visits shall be at
the sole cost of such Original Seller;  provided,  however, that (i) for so long
as no Termination  Event or Potential  Termination Event shall have occurred and
be  continuing  and (ii) the  result of the  immediately  preceding  examination
and/or  visit of Original  Seller  shall have been  reasonably  satisfactory  to
Originator  (and its  assigns)  (A) such  examinations  and/or  visits  shall be
limited  to four times per  calendar  year per Person and (B) such cost shall be
borne by such Original  Seller not more than once per calendar year per Original
Seller  (although  in no  event  shall  the  foregoing  be  construed  to  limit
Originator (and its assigns) or their respective  agents or  representatives  to
one such  examination  and/or visit of such Original Seller during such calendar
year period).

                  (e) Keeping and Marking of Records and Books.

                           (i) Such Original  Seller will maintain and implement
                  administrative and operating  procedures  (including,  without
                  limitation,   an  ability  to  recreate   records   evidencing
                  Receivables  in the event of the  destruction of the originals
                  thereof), and keep and maintain all documents,  books, records
                  and other  information  reasonably  necessary or advisable for
                  the  collection  of  all   Receivables   (including,   without
                  limitation,   records   adequate   to  permit  the   immediate
                  identification of each new

                                    Page 13
<PAGE>

                  Receivable  and all  Collections  of and  adjustments  to each
                  existing   Receivable).   Such   Original   Seller  will  give
                  Originator (or its assigns)  notice of any material  change in
                  the administrative and operating procedures referred to in the
                  previous sentence.

                           (ii) Such Original Seller will (A) on or prior to the
                  date hereof, mark its master data processing records and other
                  books and records relating to the Receivables of such Original
                  Seller  with  a  legend,  acceptable  to  Originator  (or  its
                  assigns),   describing   Originator's   and  SPV's   ownership
                  interests  in  the  Receivables  and  further  describing  the
                  Purchaser Interests of the Agent (on behalf of the Purchasers)
                  under  the  Purchase  Agreement  and (B) upon the  request  of
                  Originator   (or  its  assigns)  after  the  occurrence  of  a
                  Termination  Event,  (x)  mark  each  Contract  with a  legend
                  describing  Originator's and SPV's ownership  interests in the
                  Receivables of such Original Seller and further describing the
                  Purchaser Interests of the Agent (on behalf of the Purchasers)
                  and (y) deliver to  Originator  (or its assigns) all Contracts
                  (including,  without limitation, all multiple originals of any
                  such Contract) relating to the Receivables.

                  (f)  Compliance  with  Contracts  and  Credit  and  Collection
Policy.  Such Original  Seller will timely and fully (i) perform and comply with
all provisions, covenants and other promises required to be observed by it under
the  Contracts  related to the  Receivables  of such Original  Seller,  and (ii)
comply in all respects with the Credit and  Collection  Policy in regard to each
Receivable of such Original Seller and the related Contract.

                  (g)  Ownership.  Such Original  Seller will take all necessary
action to establish  and  maintain,  irrevocably  in  Originator,  (i) legal and
equitable  title to the  Receivables of such Original Seller and the Collections
and (ii) all of such Original Seller's right,  title and interest in the Related
Security  associated with such Receivables,  in each case, free and clear of any
Adverse  Claims  other  than  Adverse  Claims  in favor of  Originator  (and its
assigns) (including,  without limitation, the filing of all financing statements
or other  similar  instruments  or  documents  necessary  under  the UCC (or any
comparable  law)  of  all  appropriate  jurisdictions  to  perfect  Originator's
interest in such  Receivables,  Related  Security and Collections and such other
action to perfect,  protect or more fully evidence the interest of Originator as
Originator (or its assigns) may reasonably request).

                  (h) [Intentionally Omitted].

                  (i)  Collections.  Such  Original  Seller  will  cause (1) all
proceeds from all Lock-Boxes to be directly  deposited by a Collection Bank into
a Collection  Account and (2) each Lock-Box and Collection Account to be subject
at all times to a Collection Account Agreement that is in full force and effect.
In the event any payments

                                    Page 14
<PAGE>

relating to  Receivables  are remitted  directly to such Original  Seller or any
Affiliate of such  Original  Seller,  such  Original  Seller will remit (or will
cause all such  payments  to be  remitted)  directly  to a  Collection  Bank and
deposited  into  a  Collection  Account  (A)  if no  Termination  Event  and  no
Amortization  Event has then occurred and is continuing  within two (2) Business
Days  following  receipt  thereof,  and at any  time a  Termination  Event or an
Amortization  Event has occurred  and is  continuing,  immediately  upon receipt
thereof..  At all times  prior to such  remittance,  such  Original  Seller will
itself hold or, if applicable,  will cause such payments to be held in trust for
the exclusive  benefit of Originator and its assigns.  Such Original Seller will
transfer  exclusive  ownership,  dominion  and  control  of  each  Lock-Box  and
Collection  Account to Originator and, will not grant the right to take dominion
and control of any Lock-Box or  Collection  Account at a future time or upon the
occurrence  of a future  event  to any  Person,  except  to  Originator  (or its
assigns) as contemplated by this Agreement and the Purchase Agreement.

                  (j) Taxes.  Such Original Seller will file all tax returns and
reports  required  by law to be  filed  by it and  promptly  pay all  taxes  and
governmental  charges at any time owing, except any such taxes which are not yet
delinquent  or are  being  diligently  contested  in good  faith by  appropriate
proceedings  and for which adequate  reserves in accordance with GAAP shall have
been set aside on its books.  Such  Original  Seller will pay when due any taxes
payable in  connection  with the  Receivables  of such  Original  Seller for all
periods  during  which  such  Receivables  were owned by such  Original  Seller,
exclusive of taxes on or measured by income or gross  receipts of Originator and
its assigns.

                  (k) Insurance.  Such Original  Seller will maintain in effect,
or cause to be maintained in effect, at such Original Seller's own expense, such
casualty and liability  insurance as such Original  Seller deems  appropriate in
its good  faith  business  judgement.  Originator,  SPV and the  Agent,  for the
benefit of the Purchasers, shall be named as additional insureds with respect to
all such liability  insurance  maintained by such Original Seller. Such Original
Seller  will pay or cause to be paid,  the  premiums  therefor  and  deliver  to
Originator,  SPV and the Agent evidence satisfactory to Originator and the Agent
of such  insurance  coverage.  Copies  of each  policy  shall  be  furnished  to
Originator,  SPV,  the  Agent  and  any  Purchaser  in  certificated  form  upon
Originator's,  SPV's,  the Agent's or such  Purchaser's  request.  The foregoing
requirements  shall not be  construed  to negate,  reduce or modify,  and are in
addition to, such Original Seller's obligations hereunder.

                  (l) Accuracy of Information. All information furnished by such
Original  Seller or any of its Affiliates to Originator (or its assigns) will be
true and  accurate in every  material  respect on the date such  information  is
stated or certified  and will not contain any material  misstatement  of fact or
omit to state a  material  face or any  fact  necessary  to make the  statements
contained  therein not  misleading as of the date such  information is stated or
certified.

                                    Page 15
<PAGE>

                  Section 4.2 Negative Covenants of Original Sellers.  Until the
date on which this  Agreement  terminates  in  accordance  with its terms,  each
Original Seller hereby covenants that:

                  (a) Name Change,  Offices and  Records.  In the event that any
Original  Seller  shall  change its name,  such  Original  Seller  shall  notify
Originator (and its assigns) of such change immediately, and in any event within
10 days of the  occurrence  of any such  change.  In the event that any Original
Seller shall change its identity or corporate  structure  (within the meaning of
Section  9-402(7) of any applicable  enactment of the UCC) or relocate its chief
executive  office or any office where any material  portion of Records are kept,
such Original Seller shall notify Originator (and its assigns) of such change as
soon  as  reasonably  practicable,  and in  any  event  within  30  days  of the
occurrence of any such change.

                  (b) Change in Payment Instructions to Obligors.  Such Original
Seller will not add or  terminate  any bank as a  Collection  Bank,  or make any
change in the  instructions  to  Obligors  regarding  payments to be made to any
Lock-Box or Collection  Account,  unless  Originator (or its assigns) shall have
received,  at least ten (10) days before the proposed  effective  date therefor,
(i) written notice of such addition, termination or change and (ii) with respect
to the addition of a Collection  Bank or a  Collection  Account or Lock-Box,  an
executed  Collection Account Agreement  acceptable to Originator (and to SPV and
its assigns) with respect to the new Collection  Account or Lock-Box;  provided,
however,  that such Original Seller may make changes in instructions to Obligors
regarding  payments  if such  new  instructions  require  such  Obligor  to make
payments to another existing Collection Account.

                  (c)  Modifications  to  Contracts  and Credit  and  Collection
Policy.  Such Original  Seller will not make any material change or any material
amendment to the Credit and Collection  Policy that could reasonably be expected
to adversely  affect the  collectibility  of the  Receivables  of such  Original
Seller or decrease the credit  quality of any newly created  Receivables of such
Original Seller without the prior written consent of Originator (and SPV and its
assigns).  Except as otherwise permitted in its capacity as Servicer pursuant to
Article VIII of the Purchase  Agreement,  such Original  Seller will not extend,
amend or otherwise modify the terms of any Receivable of such Original Seller or
any  Contract  related  thereto  other  than in  accordance  with its Credit and
Collection Policy.

                  (d) Sales,  Liens.  Such Original Seller will not sell, assign
(by operation of law or otherwise) or otherwise  dispose of, or grant any option
with respect to, or create or suffer to exist any Adverse Claim upon (including,
without limitation,  the filing of any financing  statement) or with respect to,
any  Receivable of such Original  Seller or any Related  Security or Collections
with respect  thereto,  or upon or with respect to any Contract  under which any
such Receivable  arises,  or any Lock-Box or Collection  Account,  or assign any
right to receive  income with respect  thereto  (other than,  in each case,  the
creation of the

                                    Page 16
<PAGE>

interests therein in favor of Originator provided for herein), and such Original
Seller will defend the right,  title and interest of Originator in, to and under
any of the  foregoing  property,  against all claims of third  parties  claiming
through or under such Original Seller.  Such Original Seller shall not create or
suffer to exist any mortgage,  pledge,  security  interest,  encumbrance,  lien,
charge or other similar arrangement on any of its inventory.

                  (e)  Accounting for Purchase.  Such Original  Seller will not,
and will not permit any Affiliate to, account for or treat (whether in financial
statements  or otherwise)  the  transactions  contemplated  hereby in any manner
other than the sale of the  Receivables of such Original  Seller and the Related
Security by such Original  Seller to Originator or in any other respect  account
for or treat the transactions  contemplated hereby in any manner other than as a
sale of such  Receivables  and the Related  Security by such Original  Seller to
Originator  except to the extent that such  transactions  are not  recognized on
account  of  consolidated  financial  reporting  in  accordance  with  generally
accepted accounting principles.

                                    ARTICLE V
                               TERMINATION EVENTS

         Section 5.1  Termination  Events.  The occurrence of any one or more of
the following events shall constitute a Termination Event:

                  (a) Any Original  Seller shall fail (i) to make any payment or
deposit  consisting of principal required hereunder when due and, in the case of
any  failure  to make a timely  payment  or  deposit  solely  by  reason  of any
mechanical  delay in or  malfunction of the Fedwire  system,  such failure shall
continue  for one (1)  Business  Day and so long as such  Original  Seller  pays
immediately upon demand any and all losses,  costs and expenses  incurred by the
Originator,  the Buyer,  any Purchaser or the Agent in  connection  with or as a
result of such  failure to make a timely  payment or  deposit,  (ii) to make any
payment or deposit  (other than as  referred to in clause (i) of this  paragraph
(a)) of any other amounts when due hereunder and such failure shall continue for
three (3)  consecutive  Business  Days,  (iii) to comply with the  provisions of
Section  4.1(b)(i),  (ii) or (iii) or 4.2 and such  failure  shall  continue for
three (3)  consecutive  Business  Days,  (iv) to comply with the  provisions  of
Section 4.1 (c), (f), (g), (h), (j), (m) or (n) and such failure shall  continue
for five (5)  consecutive  Business  Days or (v) to perform or observe any term,
covenant or agreement hereunder (other than as referred to in clauses (i), (ii),
(iii) or (iv) of this  paragraph  (a)) and such failure  shall  continue for ten
(10) consecutive Business Days.

                  (b) Any representation,  warranty,  certification or statement
made by any Original Seller in this Agreement, any other Transaction Document to
which  it is a party or in any  other  document  delivered  pursuant  hereto  or
thereto shall prove to have been incorrect when made or deemed made.

                                    Page 17
<PAGE>

                  (c)  Failure of any  Original  Seller to pay any  Indebtedness
when due in an amount in excess of  $10,000,000;  or the default by any Original
Seller in the performance of any term,  provision or condition  contained in any
agreement  under which any such  Indebtedness  was created or is  governed,  the
effect  of which is to  cause,  or to  permit  the  holder  or  holders  of such
Indebtedness  to cause,  such  Indebtedness  to become  due prior to its  stated
maturity;  or any such  Indebtedness of any Original Seller shall be declared to
be due and  payable  or  required  to be  prepaid  (other  than  by a  regularly
scheduled payment) prior to the date of maturity thereof.

                  (d) (i) Any Original  Seller shall generally not pay its debts
as such debts  become due or shall  admit in writing  its  inability  to pay its
debts generally or shall make a general assignment for the benefit of creditors;
or (ii) any  proceeding  shall be instituted by any Original  Seller  seeking to
adjudicate  it  bankrupt  or  insolvent,  or seeking  liquidation,  winding  up,
reorganization, arrangement, adjustment, protection, relief or composition of it
or its debts under any law relating to bankruptcy,  insolvency or reorganization
or relief  of  debtors,  or  seeking  the  entry of an order  for  relief or the
appointment  of a  receiver,  trustee or other  similar  official  for it or any
substantial  part of its property or (iii) any  proceeding  shall be  instituted
against any Original  Seller seeking to adjudicate it bankrupt or insolvent,  or
seeking  liquidation,  winding  up,  reorganization,   arrangement,  adjustment,
protection,  relief or  composition of it or its debts under any law relating to
bankruptcy,  insolvency or reorganization  or relief of debtors,  or seeking the
entry of an order for relief or the appointment of a receiver,  trustee or other
similar official for it or any substantial part of its property which proceeding
is not dismissed within 30 days of the institution  thereof or (iv) any Original
Seller shall take any corporate action to authorize any of the actions set forth
in this subsection (d).

                  (e) One or more final judgments for the payment of money in an
amount in excess of  $10,000,000,  individually  or in the  aggregate,  shall be
entered  against any Original Seller on claims not covered by insurance or as to
which the  insurance  carrier has denied its  responsibility,  and such judgment
shall  continue  unsatisfied  and in effect for  thirty  (30)  consecutive  days
without a stay of execution.

                  (f) This Agreement shall terminate in whole or in part (except
in  accordance  with its  terms),  or shall cease to be  effective  or to be the
legally valid, binding and enforceable obligation of any Original Seller, or any
Obligor shall directly or indirectly  contest in any manner such  effectiveness,
validity,  binding nature or  enforceability,  or the Originator  shall cease to
have a valid ownership interest in the Receivables, the Related Security and the
Collections with respect thereto and the Collection Accounts,  free and clear of
any Adverse Claims.

                  (g)  Originator  shall  fail to own,  free  and  clear  of any
Adverse Claims, 100% of the voting stock of any Original Seller.

                                    Page 18
<PAGE>

         Section 5.12 Remedies.  Upon the occurrence and during the continuation
of a Termination Event,  Originator may take any of the following  actions:  (i)
declare the Termination  Date to have occurred,  whereupon the Termination  Date
shall forthwith  occur,  without demand,  protest or further notice of any kind,
all of which are hereby  expressly  waived by each  Original  Seller;  provided,
however,  that upon the occurrence of a Termination  Event  described in Section
5.1(d),  or of an actual or deemed  entry of an order for relief with respect to
any Original  Seller under the Federal  Bankruptcy  Code, the  Termination  Date
shall automatically  occur,  without demand,  protest or any notice of any kind,
all of which are hereby expressly waived by each Original Seller and (ii) to the
fullest extent  permitted by applicable law,  declare that the Default Fee shall
accrue with respect to any amounts then due and owing by each Original Seller to
Originator.  The aforementioned  rights and remedies shall be without limitation
and shall be in addition to all other rights and remedies of Originator  and its
assigns  otherwise  available under any other  provision of this  Agreement,  by
operation  of law,  at equity or  otherwise,  all of which are hereby  expressly
preserved, including, without limitation, all rights and remedies provided under
the UCC, all of which rights shall be cumulative.

                                   ARTICLE VI
                                 INDEMNIFICATION

         Section 6.1 Indemnities by Original Sellers. Without limiting any other
rights that Originator may have hereunder or under applicable law, each Original
Seller hereby agrees to indemnify  (and pay upon demand to)  Originator  and its
assigns, officers, directors, agents and employees (each an "Indemnified Party")
from and against any and all damages, losses, claims, taxes, liabilities, costs,
expenses and for all other amounts payable, including reasonable attorneys' fees
(which  attorneys  may be  employees  of  Originator  or any  such  assign)  and
disbursements  (all  of  the  foregoing  being   collectively   referred  to  as
"Indemnified Amounts") awarded against or incurred by any of them arising out of
or as a  result  of  this  Agreement  or the  acquisition,  either  directly  or
indirectly,  by  Originator of an interest in the  Receivables  of such Original
Seller, excluding, however:

                           (i)  Indemnified   Amounts  to  the  extent  a  final
                  judgment of a court of competent  jurisdiction holds that such
                  Indemnified  Amounts resulted from gross negligence or willful
                  misconduct  on the  part  of  the  Indemnified  Party  seeking
                  indemnification;

                           (ii) Indemnified  Amounts  to  the  extent  the  same
                  includes   losses  in   respect   of   Receivables   that  are
                  uncollectible on account of the insolvency, bankruptcy or lack
                  of creditworthiness of the related Obligor; or

                                    Page 19
<PAGE>

                           (iii) taxes imposed by the jurisdiction in which such
                  Indemnified  Party's principal executive office is located and
                  any  jurisdiction  in which  such  Indemnified  Party is doing
                  business (except to the extent that any such tax is imposed by
                  such  jurisdiction  based  upon  this  Agreement  or any other
                  Transaction  Document),  on or  measured  by the  overall  net
                  income  of such  Indemnified  Party  to the  extent  that  the
                  computation   of   such   taxes   is   consistent   with   the
                  characterization for income tax purposes of the acquisition by
                  the  Purchasers  of  Purchaser  Interests  under the  Purchase
                  Agreement as a loan or loans by the  Purchasers  to Originator
                  secured by, among other things,  the Receivables,  the Related
                  Security and the Collections;

provided,  however,  that  nothing  contained in this  sentence  shall limit the
liability of any  Original  Seller or limit the  recourse of  Originator  to any
Original Seller for amounts otherwise  specifically  provided to be paid by such
Original  Seller  under  the  terms  of this  Agreement.  Without  limiting  the
generality  of  the  foregoing  indemnification,   each  Original  Seller  shall
indemnify  Originator for Indemnified  Amounts  (including,  without limitation,
losses  in  respect  of   uncollectible   receivables,   regardless  of  whether
reimbursement  therefor  would  constitute  recourse  to such  Original  Seller)
relating to or resulting from:

                           (i)  any  representation  or  warranty  made  by such
                  Original  Seller (or any  officers  of such  Original  Seller)
                  under  or  in  connection  with  this  Agreement,   any  other
                  Transaction  Document  or  any  other  information  or  report
                  delivered by such Original  Seller  pursuant hereto or thereto
                  that shall have been  false or  incorrect  when made or deemed
                  made;

                           (ii) the failure by such Original  Seller,  to comply
                  with any  applicable  law, rule or regulation  with respect to
                  any  Receivable  of such Original  Seller or Contract  related
                  thereto,  or the  nonconformity  of  any  Receivable  of  such
                  Original  Seller or Contract  included  therein  with any such
                  applicable  law,  rule or  regulation  or any  failure of such
                  Original  Seller to keep or  perform  any of its  obligations,
                  express or implied, with respect to any Contract;

                           (iii) any  failure of such Original Seller to perform
                  its duties,  covenants or other obligations in accordance with
                  the  provisions  of this  Agreement  or any other  Transaction
                  Document;

                           (iv) any  products  liability,   personal  injury  or
                  damage,  suit or  other  similar  claim  arising  out of or in
                  connection  with  merchandise,  insurance or services that are
                  the subject of any Contract or any Receivable of such Original
                  Seller;

                                    Page 20
<PAGE>

                           (v) any dispute, claim, offset or defense (other than
                  discharge in  bankruptcy of the Obligor) of the Obligor to the
                  payment of any Receivable of such Original Seller  (including,
                  without limitation,  a defense based on such Receivable or the
                  related  Contract  not  being  a  legal,   valid  and  binding
                  obligation   of  such  Obligor   enforceable   against  it  in
                  accordance with its terms),  or any other claim resulting from
                  the  sale  of the  merchandise  or  service  related  to  such
                  Receivable  or the  furnishing  or  failure  to  furnish  such
                  merchandise or services;

                           (vi) the commingling of Collections of Receivables of
                  such Original Seller at any time with other funds;

                           (vii)  any  investigation, litigation  or  proceeding
                  related  to or  arising  from  this  Agreement  or  any  other
                  Transaction  Document,  the transactions  contemplated hereby,
                  the use of the proceeds of any  Purchase  Price  Payment,  the
                  ownership of the  Receivables  of such Original  Seller or any
                  other investigation, litigation or proceeding relating to such
                  Original  Seller  in  which  any  Indemnified   Party  becomes
                  involved as a result of any of the  transactions  contemplated
                  hereby;

                           (viii)any inability to litigate any claim against any
                  Obligor in respect of any  Receivable of such Original  Seller
                  as a result  of such  Obligor  being  immune  from  civil  and
                  commercial  law and  suit on the  grounds  of  sovereignty  or
                  otherwise from any legal action, suit or proceeding;

                           (ix)  any  Termination  Event  described  in  Section
                  5.1(d);

                           (x) any failure  to vest  and  maintain  vested  in
                  Originator, or to transfer to Originator,  legal and equitable
                  title to, and ownership of, the  Receivables  of such Original
                  Seller and the Collections,  and all of such Original Seller's
                  right,  title and interest in the Related Security  associated
                  with the  Receivables of such Original  Seller,  in each case,
                  free and clear of any Adverse Claim;

                           (xi)  the  failure  to have  filed,  or any  delay in
                  filing,  financing  statements or other similar instruments or
                  documents  under  the UCC of any  applicable  jurisdiction  or
                  other  applicable  laws with respect to any Receivable of such
                  Original  Seller,  the Related  Security and Collections  with
                  respect thereto,  and the proceeds of any thereof,  whether at
                  the time of the Purchase or at any subsequent time;

                                    Page 21
<PAGE>

                           (xii) any action or omission by such Original  Seller
                  that reduces or impairs the rights of Originator  with respect
                  to any Receivable of such Original  Seller or the value of any
                  such Receivable;

                           (xiii) any attempt by any Person to void the Purchase
                  hereunder  under   statutory   provisions  or  common  law  or
                  equitable action; and

                           (xiv) the failure of any Receivable  of such Original
                  Seller  included  in the  calculation  of the Net  Receivables
                  Balance as an Eligible Receivable to be an Eligible Receivable
                  at the time so included.

         Section 6.2 Other Costs and  Expenses.  The Original  Sellers  shall be
jointly and severally  liable for, and shall pay to  Originator  on demand,  all
costs and  out-of-pocket  expenses  actually  incurred  in  connection  with the
preparation,  execution,  delivery and  administration  of this  Agreement,  the
transactions  contemplated  hereby  and  the  other  documents  to be  delivered
hereunder.  Each  Original  Seller shall pay to Originator on demand any and all
costs and expenses of Originator actually incurred, if any, including reasonable
counsel fees and expenses  (which such counsel may be employees of Originator or
its  assigns to the extent  not  duplicative  of  services  provided  by outside
counsel, in which case such fees may consist of internally-allocated  costs with
respect to such internal counsel; provided, that such internally-allocated costs
shall not  include  typically  separately  expressed  items  such as  telephone,
telecopier and photocopy  charges,  each of which shall be separately  stated in
any invoice to such Original Seller; provided,  further, that such fees shall be
as  may  be  reasonable   and  customary  for  internal   counsel  of  financial
institutions) in connection with the enforcement of this Agreement and the other
documents  delivered  hereunder  against such Original  Seller and in connection
with any  restructuring  or  workout of this  Agreement,  the  Receivables  Sale
Agreement or the Purchase Agreement, or such documents, or the administration of
this Agreement following a Termination Event.

                                   ARTICLE VII
                                  MISCELLANEOUS

         Section 7.1 Waivers and Amendments.

                  (a) No  failure  or delay on the  part of  Originator  (or its
assigns) in exercising  any power,  right or remedy under this  Agreement  shall
operate as a waiver  thereof,  nor shall any single or partial  exercise  of any
such power,  right or remedy preclude any other further  exercise thereof or the
exercise of any other power,  right or remedy.  The rights and  remedies  herein
provided shall be cumulative and nonexclusive of any rights or

                                    Page 22
<PAGE>

remedies  provided by law. Any waiver of this Agreement  shall be effective only
in the specific instance and for the specific purpose for which given.

                  (b)  No   provision   of  this   Agreement   may  be  amended,
supplemented,  modified  or waived  except in  writing  signed by each  Original
Seller and Originator and, to the extent required under the Purchase  Agreement,
the Agent and the Financial Institutions or the Required Financial Institutions.

         Section  7.2  Notices.  All  communications  and notices  provided  for
hereunder  shall be in writing  (including  bank wire,  telecopy  or  electronic
facsimile  transmission  or  similar  writing)  and  shall be given to the other
parties hereto at their  respective  addresses or telecopy  numbers set forth on
the signature  pages hereof or at such other address or telecopy  number as such
Person  may  hereafter  specify  for the  purpose of notice to each of the other
parties hereto.  Each such notice or other  communication shall be effective (i)
if given by telecopy, upon the receipt thereof, (ii) if given by mail, three (3)
Business  Days after the time such  communication  is deposited in the mail with
first class postage prepaid or (iii) if given by any other means,  when received
at the address specified in this Section 7.2.

         Section 7.3 Protection of Ownership Interests of Originator.

                  (a) Each Original Seller agrees that from time to time, at its
expense, it will promptly execute and deliver all instruments and documents, and
take all actions, that may be necessary or desirable, or that Originator (or its
assigns) may request, to perfect, protect or more fully evidence the interest of
Originator  hereunder and the Purchaser  Interests,  or to enable Originator (or
its assigns) to exercise and enforce their rights and remedies hereunder. At any
time,  Originator (or its assigns) may, at such Original  Seller's sole cost and
expense,  direct such Original  Seller to notify the Obligors of  Receivables of
such  Original  Seller of the  ownership  interests  of  Originator  under  this
Agreement  and may also direct  that  payments of all amounts due or that become
due under any or all  Receivables  of such  Original  Seller be made directly to
Originator or its designee.

                  (b)  If  any  Original  Seller  fails  to  perform  any of its
obligations  hereunder,  Originator  (or its  assigns)  may  (but  shall  not be
required  to)  perform,   or  cause  performance  of,  such   obligations,   and
Originator's  (or such  assigns')  costs and  expenses  incurred  in  connection
therewith  shall be payable by the Original  Sellers as provided in Section 6.2.
Each Original Seller irrevocably  authorizes Originator (and its assigns) at any
time  and  from  time to time  in the  sole  discretion  of  Originator  (or its
assigns),    and    appoints    Originator    (and   its    assigns)    as   its
attorney(ies)-in-fact,  to act on behalf of such Original  Seller (i) to execute
on behalf of such  Original  Seller as debtor and to file  financing  statements
necessary or desirable in  Originator's  (or its  assigns')  sole  discretion to
perfect  and  to  maintain  the  perfection  and  priority  of the  interest  of
Originator in the Receivables of such Original Seller and (ii) to file a carbon,
photographic or other reproduction of this

                                    Page 23
<PAGE>

Agreement or any financing  statement  with respect to the  Receivables  of such
Original  Seller as a financing  statement in such offices as Originator (or its
assigns) in their sole  discretion deem necessary or desirable to perfect and to
maintain  the  perfection  and  priority  of   Originator's   interests  in  the
Receivables  of such  Original  Seller.  This  appointment  is  coupled  with an
interest and is irrevocable.

                  (c) Each Original  Seller hereby agrees to act as sub-servicer
of the Servicer with respect to all Receivables conveyed by such Original Seller
to  Originator  hereunder  and to  perform  the duties  and  obligations  of the
Servicer  pursuant to the terms of the Purchase  Agreement  with respect to such
Receivables.  Notwithstanding  the foregoing  (i) Interface  shall be and remain
primarily  liable  to the  Agent  and the  Purchasers  for the full  and  prompt
performance  of all  duties  and  responsibilities  of the  Servicer  under  the
Purchase  Agreement and (ii) the Agent and the  Purchasers  shall be entitled to
deal  exclusively  with  Interface in matters  relating to the  discharge by the
Servicer of its duties and responsibilities thereunder.

                  Section 7.4 Confidentiality.

                  (a) Each Original  Seller shall  maintain and shall cause each
of its employees and officers to maintain the  confidentiality of this Agreement
and the other confidential or proprietary  information with respect to the Agent
and Company and their respective businesses obtained by it or them in connection
with the structuring, negotiating and execution of the transactions contemplated
herein,  except that such  Original  Seller and its officers and  employees  may
disclose such  information to such Original  Seller's  external  accountants and
attorneys  and as required  by any  applicable  law or order of any  judicial or
administrative proceeding.

                  (b)  Anything  herein to the  contrary  notwithstanding,  each
Original Seller hereby  consents to the disclosure of any nonpublic  information
with respect to it (i) to Originator, SPV, the Agent, the Financial Institutions
or Company by each other,  (ii) by Originator,  SPV, the Agent or the Purchasers
to any prospective or actual assignee or participant of any of them and (iii) by
the Agent to any rating agency, Commercial Paper dealer or provider of a surety,
guaranty or credit or liquidity  enhancement to Company or any entity  organized
for the purpose of purchasing,  or making loans secured by, financial assets for
which Bank One acts as the administrative agent and to any officers,  directors,
employees, outside accountants and attorneys of any of the foregoing;  provided,
that  each  such  Person  is  informed  of  the  confidential   nature  of  such
information.  In addition,  the  Purchasers  and the Agent may disclose any such
nonpublic information pursuant to any law, rule, regulation,  direction, request
or order of any judicial,  administrative or regulatory authority or proceedings
(whether or not having the force or effect of law).

                  (c)  Originator  shall  maintain  and shall  cause each of its
employees and officers to maintain the confidentiality of this Agreement and the
other  confidential

                                    Page 24
<PAGE>

or proprietary  information with respect to each Original  Seller,  the Obligors
and  their  respective  businesses  obtained  by it in  connection  with the due
diligence evaluations, structuring, negotiating and execution of the Transaction
Documents, and the consummation of the transactions  contemplated herein and any
other  activities  of  Originator  arising  from or related to the  transactions
contemplated herein provided, however, that each of Originator and its employees
and officers  shall be permitted to disclose such  confidential  or  proprietary
information:  (i) to the SPV,  the Agent and the other  Purchasers,  (ii) to any
prospective  or  actual  assignee  or  participant  of the  Agent  or the  other
Purchasers  who  execute a  confidentiality  agreement  for the  benefit  of the
Original  Sellers  and  Originator  on terms  comparable  to those  required  of
Originator  hereunder with respect to such disclosed  information,  (iii) to any
rating agency, provider of a surety, guaranty or credit or liquidity enhancement
to Company, (iv) to any officers, directors,  employees, outside accountants and
attorneys of any of the foregoing,  and (v) to the extent  required  pursuant to
any  applicable  law,  rule,  regulation,  direction,  request  or  order of any
judicial,  administrative or regulatory  authority or proceedings with competent
jurisdiction  (whether or not having the force or effect of law) so long as such
required disclosure is made under seal to the extent permitted by applicable law
or by rule of court or other applicable body.

         Section  7.5  Bankruptcy   Petition.   (a)  Each  Original  Seller  and
Originator each hereby  covenants and agrees that, prior to the date that is one
year  and  one  day  after  the  payment  in  full  of  all  outstanding  senior
indebtedness of Company or any Financial  Institution  that is a special purpose
bankruptcy  remote  entity,  it will not  institute  against,  or join any other
Person in  instituting  against,  Company  or any such  entity  any  bankruptcy,
reorganization,  arrangement,  insolvency or  liquidation  proceedings  or other
similar  proceeding  under  the laws of the  United  States  or any state of the
United States.

                  (b) Each Original Seller  covenants and agrees that,  prior to
the  date  that is one  year  and  one  day  after  the  payment  in full of all
outstanding  obligations of Originator under the Purchase Agreement, it will not
institute against, or join any other Person in instituting  against,  Originator
any   bankruptcy,   reorganization,   arrangement,   insolvency  or  liquidation
proceedings or other similar  proceeding  under the laws of the United States or
any state of the United States.

         Section 7.6  Limitation of Liability.  Except with respect to any claim
arising out of the willful misconduct or gross negligence of Company,  the Agent
or any Financial Institution, no claim may be made by any Original Seller or any
other Person against  Company,  the Agent or any Financial  Institution or their
respective Affiliates,  directors,  officers, employees, attorneys or agents for
any special, indirect, consequential or punitive damages in respect of any claim
for  breach of  contract  or any other  theory of  liability  arising  out of or
related to the transactions contemplated by this Agreement, or any act, omission
or event  occurring in connection  therewith;  and each  Original  Seller hereby
waives,  releases,  and agrees  not to sue upon any claim for any such  damages,
whether or not  accrued and  whether or not known or  suspected  to exist in its
favor.

                                    Page 25
<PAGE>

         Section  7.7  CHOICE  OF LAW.  THIS  AGREEMENT  SHALL BE  GOVERNED  AND
CONSTRUED IN  ACCORDANCE  WITH THE  INTERNAL  LAWS (AND NOT THE LAW OF CONFLICTS
OTHER THAN SECTION 5-1401 OF THE NEW YORK  OBLIGATIONS  LAW) OF THE STATE OF NEW
YORK.

         Section  7.8  CONSENT TO  JURISDICTION.  EACH  ORIGINAL  SELLER  HEREBY
IRREVOCABLY  SUBMITS TO THE  NON-EXCLUSIVE  JURISDICTION  OF ANY  UNITED  STATES
FEDERAL OR NEW YORK STATE COURT  SITTING IN NEW YORK,  NEW YORK IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY DOCUMENT EXECUTED
BY SUCH ORIGINAL  SELLER  PURSUANT TO THIS  AGREEMENT  AND SUCH ORIGINAL  SELLER
HEREBY  IRREVOCABLY  AGREES  THAT  ALL  CLAIMS  IN  RESPECT  OF SUCH  ACTION  OR
PROCEEDING MAY BE HEARD AND DETERMINED IN ANY SUCH COURT AND IRREVOCABLY  WAIVES
ANY  OBJECTION  IT MAY NOW OR  HEREAFTER  HAVE AS TO THE VENUE OF ANY SUCH SUIT,
ACTION  OR  PROCEEDING  BROUGHT  IN  SUCH A  COURT  OR  THAT  SUCH  COURT  IS AN
INCONVENIENT  FORUM.  NOTHING HEREIN SHALL LIMIT THE RIGHT OF ORIGINATOR (OR ITS
ASSIGNS) TO BRING  PROCEEDINGS  AGAINST ANY ORIGINAL SELLER IN THE COURTS OF ANY
OTHER  JURISDICTION.  ANY JUDICIAL  PROCEEDING  BY ANY ORIGINAL  SELLER  AGAINST
ORIGINATOR  (OR ITS ASSIGNS) OR ANY  AFFILIATE  THEREOF  INVOLVING,  DIRECTLY OR
INDIRECTLY,  ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH
THIS AGREEMENT OR ANY DOCUMENT EXECUTED BY SUCH ORIGINAL SELLER PURSUANT TO THIS
AGREEMENT SHALL BE BROUGHT ONLY IN A COURT IN NEW YORK, NEW YORK.

         Section 7.9 WAIVER OF JURY TRIAL. TO THE EXTENT PERMITTED BY APPLICABLE
LAW, EACH PARTY HERETO  HEREBY  WAIVES TRIAL BY JURY IN ANY JUDICIAL  PROCEEDING
INVOLVING,  DIRECTLY  OR  INDIRECTLY,  ANY  MATTER  (WHETHER  SOUNDING  IN TORT,
CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF,  RELATED TO, OR CONNECTED WITH
THIS  AGREEMENT,  ANY DOCUMENT  EXECUTED BY ANY ORIGINAL SELLER PURSUANT TO THIS
AGREEMENT OR THE RELATIONSHIP ESTABLISHED HEREUNDER OR THEREUNDER.

         Section 7.10 Integration; Binding Effect; Survival of Terms.

                  (a) This Agreement and each other Transaction Document contain
the final and  complete  integration  of all prior  expressions  by the  parties
hereto with respect to the subject matter hereof and shall constitute the entire
agreement  among the parties  hereto with respect to the subject  matter  hereof
superseding all prior oral or written understandings.

                                    Page 26
<PAGE>

                  (b) This  Agreement  shall be  binding  upon and  inure to the
benefit of each Original Seller and Originator,  and their respective successors
and permitted assigns (including any trustee in bankruptcy).  No Original Seller
may assign any of its rights and  obligations  hereunder or any interest  herein
without the prior written  consent of  Originator.  Originator may assign at any
time its rights and  obligations  hereunder  and  interests  herein to any other
Person  without  the  consent  of any  Original  Seller.  Without  limiting  the
foregoing,  each Original Seller  acknowledges that Originator,  pursuant to the
Receivables Sale Agreement, may assign to the SPV, its rights, remedies,  powers
and privileges hereunder,  that the SPV, pursuant to the Purchase Agreement, may
assign to the Agent its rights, remedies, powers and privileges thereunder,  and
that the Agent may further assign such rights,  remedies,  powers and privileges
to the extent permitted in the Purchase  Agreement.  Each Original Seller agrees
that SPV, as the  assignee  of  Originator,  and the Agent,  as assignee of SPV,
shall,  subject to the terms of the Receivables  Sale Agreement and the Purchase
Agreement, have the right to enforce this Agreement and to exercise directly all
of  Originator's  rights and remedies under this Agreement  (including,  without
limitation,  the  right  to  give or  withhold  any  consents  or  approvals  of
Originator to be given or withheld hereunder) and each Original Seller agrees to
cooperate  fully  with SPV and the  Agent in the  exercise  of such  rights  and
remedies.  This Agreement shall create and constitute the continuing obligations
of the  parties  hereto in  accordance  with its terms and shall  remain in full
force and effect  until  terminated  in  accordance  with its  terms;  provided,
however,  that the rights  and  remedies  with  respect to (i) any breach of any
representation  and warranty made by any Original Seller pursuant to Article II;
(ii) the indemnification and payment provisions of Article VI; and (iii) Section
7.5 shall be continuing and shall survive any termination of this Agreement.

         Section  7.11  Counterparts;  Severability;  Section  References.  This
Agreement may be executed in any number of counterparts and by different parties
hereto in separate counterparts,  each of which when so executed shall be deemed
to be an original and all of which when taken together shall  constitute one and
the same Agreement.  Delivery of an executed  counterpart of a signature page to
this  Agreement  by  facsimile  shall be as  effective as delivery of a manually
executed  counterpart to this  Agreement.  Any provisions of this Agreement that
are  prohibited  or  unenforceable  in  any  jurisdiction   shall,  as  to  such
jurisdiction,   be   ineffective   to  the   extent  of  such   prohibition   or
unenforceability  without  invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction.  Unless otherwise
expressly indicated,  all references herein to "Article,"  "Section," "Schedule"
or "Exhibit" shall mean articles and sections of, and schedules and exhibits to,
this Agreement.

                            [SIGNATURE PAGE FOLLOWS]

                                    Page 27

<PAGE>

                  IN WITNESS  WHEREOF,  the  parties  hereto  have  caused  this
Agreement to be executed and delivered by their duly  authorized  officers as of
the date hereof.

                                    BENTLEY MILLS, INC., as an Original Seller

                                    By:  /s/ Daniel T. Hendrix
                                       ----------------------------------------
                                    Name: Daniel T. Hendrix
                                    Title:  Senior Vice President, Treasurer and
                                            Assistant Secretary

                                            Address: 16461 E. Don Julian Road
                                                     City of Industry, CA  91746

                                    CHATHAM MARKETING CO., as an Original Seller

                                    By:  /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                    Name: Daniel T. Hendrix
                                    Title:   Senior Vice President and Assistant
                                             Secretary

                                             Address:  P. O. Box 530
                                                         304 E. Main Street
                                                         Elkin, NC  28621

                                    GUILFORD OF MAINE MARKETING CO., as an
                                      Original Seller

                                    By:  /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                     Name: Daniel T. Hendrix
                                     Title:  Senior Vice President and Assistant
                                             Secretary

                                             Address:  P.O. Box 179
                                                       Oak Street
                                                       Guilford, ME  04443

<PAGE>

                                    INTEK MARKETING CO., as an Original Seller

                                    By:  /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                    Name: Daniel T. Hendrix
                                    Title:   Senior Vice President and Assistant
                                             Secretary

                                             Address:  P.O. Box 1007
                                                       300 Taylor Street
                                                       Aberdeen, NC  28315

                                    INTERFACE ARCHITECTURAL RESOURCES, INC., as
                                      an Original Seller

                                    By:  /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                    Name: Daniel T. Hendrix
                                    Title:  Senior Vice President and Assistant
                                            Secretary

                                            Address: 3700 32nd Street
                                                     Grand Rapids, MI 49512-1824

                                    INTERFACE FLOORING SYSTEMS, INC., as an
                                       Original Seller

                                    By:  /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                    Name: Daniel T. Hendrix
                                    Title: Senior Vice President, Treasurer and
                                           Assistant Secretary

                                           Address:  P.O. Box 1503
                                                     Orchard Hill Road
                                                    LaGrange, GA  30241

<PAGE>

                                    PANDEL, INC., as an Original Seller

                                    By:  /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                    Name:   Daniel T. Hendrix
                                    Title:  Senior Vice President, Treasurer and
                                            Assistant Secretary

                                    Address:  21 River Drive
                                              Cartersville, GA   30120

                                    PRINCE STREET TECHNOLOGIES, LTD., as an
                                      Original Seller

                                    By: /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                    Name:   Daniel T. Hendrix
                                    Title:  Senior Vice President, Treasurer and
                                            Assistant Secretary

                                    Address:  1450 West Avenue
                                              P.O. Drawer 2530
                                              Cartersville, GA   30120

                                    TOLTEC FABRICS, INC., as an Original Seller

                                    By:  /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                    Name:    Daniel T. Hendrix
                                    Title:   Senior Vice President and Assistant
                                             Secretary

                                   Address:  2859 Paces Ferry Road, Suite 2000
                                             Atlanta, GA   30339

<PAGE>

                                    INTERFACE, INC.

                                    By:  /s/ Daniel T. Hendrix
                                       -----------------------------------------
                                     Name: Daniel T. Hendrix
                                     Title:   Executive Vice President, CFO,
                                              Treasurer and Assistant
                                              Secretary

                                     Address:  2859 Paces Ferry Road, Suite 2000
                                               Atlanta, GA   30339

<PAGE>

                                    EXHIBIT I

                                   Definitions

                  This is Exhibit I to the Agreement (as  hereinafter  defined).
As used in the  Agreement  and the  Exhibits,  Schedules  and  Annexes  thereto,
capitalized  terms have the meanings set forth in this Exhibit I (such  meanings
to be equally  applicable  to the  singular  and  plural  forms  thereof).  If a
capitalized  term is used in the  Agreement,  or any Exhibit,  Schedule or Annex
thereto, and not otherwise defined therein or in this Exhibit I, such term shall
have the meaning assigned thereto in Exhibit I to the Purchase Agreement.

                  "Agent"  has  the   meaning  set  forth  in  the   Preliminary
Statements to the Agreement.

                  "Agreement" means the Receivables Transfer Agreement, dated as
of December 19, 2000, among the Original Sellers and Originator, as the same may
be amended, restated or otherwise modified.

                  "Originator"  has the meaning set forth in the preamble to the
Agreement.

                  "Calculation  Period"  means  each  calendar  month or portion
thereof that elapses  during the term of the  Agreement.  The first  Calculation
Period shall commence on the date of the Purchase of  Receivables  hereunder and
the final Calculation Period shall terminate on the Termination Date.

                  "Change of Control" means the  acquisition  by any Person,  or
two or more  Persons  acting in concert,  of  beneficial  ownership  (within the
meaning  of Rule  13d-3 of the  Securities  and  Exchange  Commission  under the
Securities  Exchange  Act of 1934) of 20% or more of the  outstanding  shares of
voting stock of any Original Seller.

                  "Company"  has  the  meaning  set  forth  in  the  Preliminary
Statements to the Agreement.

                  "Credit and  Collection  Policy" means each Original  Seller's
credit  and  collection   policies  and  practices  relating  to  Contracts  and
Receivables existing on the date hereof and summarized in Exhibit V, as modified
from time to time in accordance with the Agreement.

                  "Default Fee" means a per annum rate of interest  equal to the
sum of (i) the Prime Rate, plus (ii) 2% per annum.

                  "Dilutions"  means,  at any  time,  the  aggregate  amount  of
reductions or cancellations described in Section 1.3(a) of the Agreement.

                                    Exh.I-1

<PAGE>

                  "Discount  Factor"  means a percentage  calculated  to provide
Originator with a reasonable  return on its investment in the Receivables of any
Original  Seller after taking  account of (i) the time value of money based upon
the  anticipated  dates of collection of the Receivables of such Original Seller
and the cost to  Originator of financing its  investment in the  Receivables  of
such  Original  Seller during such period and (ii) the risk of nonpayment by the
Obligors.  Each Original  Seller and  Originator  may agree from time to time to
change the Discount  Factor with respect to Receivables  purchased by Originator
from such Original Seller hereunder based on changes in one or more of the items
affecting  the  calculation  thereof,  provided  that any change to the Discount
Factor shall take effect as of the commencement of a Calculation  Period,  shall
apply only  prospectively  and shall not affect the Purchase  Price payment made
prior to the Calculation Period during which such Original Seller and Originator
agree to make such change.

                  "Initial  Cutoff  Date" has the  meaning  set forth in Section
1.2(a).

                  "Material  Adverse Effect" means a material  adverse effect on
(i) the  financial  condition  or  operations  of any  Original  Seller  and its
Subsidiaries, (ii) the ability of any Original Seller to perform its obligations
under the  Agreement  or any other  Transaction  Document,  (iii) the  legality,
validity or enforceability  of the Agreement or any other Transaction  Document,
(iv) any Original Seller's, Originator's,  SPV's, the Agent's or any Purchaser's
interest  in the  Receivables  generally  or in any  significant  portion of the
Receivables,  the Related Security or Collections  with respect thereto,  or (v)
the  collectibility  of the Receivables  generally or of any material portion of
the Receivables.

                  "Net Value" means, as of any date of determination,  an amount
equal to the sum of (i) the aggregate  Outstanding Balance of the Receivables at
such time, minus (ii) the sum of (A) the Aggregate  Capital  outstanding at such
time, plus (B) the Aggregate Reserves.

                  "Net  Worth"  means  as of  the  last  Business  Day  of  each
Calculation  Period preceding any date of determination,  the excess, if any, of
(a) the aggregate  Outstanding Balance of the Receivables at such time, over (b)
the Aggregate Capital outstanding at such time.

                  "Original  Balance"  means,  with  respect  to any  Receivable
coming into existence after the Initial Cutoff Date, the Outstanding  Balance of
such Receivable on the date it was created.

                  "Original Seller" has the meaning set forth in the preamble to
the Agreement.

                  "Potential  Termination  Event" means an event that,  with the
passage of time or the giving of notice, or both, would constitute a Termination
Event.

                                   Exh.I-2

<PAGE>

                  "Purchase"  means the purchase  pursuant to Section  1.1(a) of
the Agreement by Originator  from an Original  Seller of such Original  Seller's
Receivables and the Related Security and Collections  related thereto,  together
with all related rights in connection therewith.

                  "Purchase   Agreement"  has  the  meaning  set  forth  in  the
Preliminary Statements to the Agreement.

                  "Purchase  Price"  means,  with respect to the  Purchase,  the
aggregate  price to be paid by Originator to the applicable  Original Seller for
such  Purchase  in  accordance  with  Section  1.2  of  the  Agreement  for  the
Receivables, Collections and Related Security of such Original Seller being sold
to  Originator,  which  price shall equal on any date (i) the product of (x) the
Outstanding  Balance of such  Receivables  on such date,  multiplied  by (y) one
minus the Discount Factor for such Original Seller in effect on such date, minus
(ii) any  Purchase  Price  Credits to be  credited  against the  Purchase  Price
otherwise  payable to such Original Seller in accordance with Section 1.3 of the
Agreement.

                  "Purchase  Price  Credit" has the meaning set forth in Section
1.3 of the Agreement.

                  "Receivable" means all indebtedness and other obligations owed
to an Original  Seller (at the times it arises,  and before giving effect to any
transfer or conveyance  under the Agreement) or Originator  (after giving effect
to the  transfers  under  the  Agreement)  or in which  an  Original  Seller  or
Originator  has a  security  interest  or  other  interest,  including,  without
limitation,  any indebtedness,  obligation or interest  constituting an account,
chattel paper, instrument or general intangible,  arising in connection with the
sale of goods or the rendering of services by such Original Seller,  and further
includes,  without  limitation,  the obligation to pay any Finance  Charges with
respect thereto.  Indebtedness and other rights and obligations arising from any
one transaction,  including,  without limitation,  indebtedness and other rights
and  obligations  represented  by an  individual  invoice,  shall  constitute  a
Receivable  separate from a Receivable  consisting of the indebtedness and other
rights and obligations  arising from any other transaction;  provided,  further,
that any  indebtedness,  rights or  obligations  referred to in the  immediately
preceding  sentence  shall be a  Receivable  regardless  of whether  the account
debtor or such Original Seller treats such  indebtedness,  rights or obligations
as a separate payment obligation.

                 "Related Security" means, with respect to any Receivable:

                             (i)      all of the interest of the Original Seller
         of such  Receivable in the inventory and goods  (including  returned or
         repossessed inventory or goods), if any, the sale or financing of which
         by such Original Seller gave rise to such Receivable, and all insurance
         contracts with respect thereto,

                                   Exh.I-3

<PAGE>

                           (ii)  all other  security   interests  or  liens  and
         property  subject  thereto  from time to time,  if any,  purporting  to
         secure  payment of such  Receivable,  whether  pursuant to the Contract
         related to such  Receivable or  otherwise,  together with all financing
         statements and security  agreements  describing any collateral securing
         such Receivable,

                           (iii) all  guaranties,  letters  of credit, insurance
         and other agreements or arrangements of whatever character from time to
         time supporting or securing payment of such Receivable whether pursuant
         to the Contract related to such Receivable or otherwise,

                           (iv) all service contracts  and other  contracts  and
         agreements associated with such Receivable,

                           (v) all Records related to such Receivable,

                           (vi) all of such Original  Seller's  right, title and
        interest in each Lock-Box and each Collection Account,

                           (vii) in the case of an Existing Original Seller, all
         of such  Existing  Original  Seller's  interest  in,  to and  under the
         Existing  Agreement to which such Existing  Original Seller is a party,
         and

                           (viii) all proceeds of any of the foregoing.

                  "Required   Capital   Amount"   means,   as  of  any  date  of
determination,  an amount equal to the sum of (i) the twenty-four  month rolling
average of Dilutions,  plus (ii) the result obtained in the foregoing clause (i)
of this definition, multiplied by 10%.

                  "Settlement  Date"  means,  with  respect to each  Calculation
Period,  the date that is the sixth  calendar  day of the month  following  such
Calculation Period.

                  "Termination  Date"  means  the  earliest  to occur of (i) the
Facility  Termination  Date,  (ii) the  Business  Day  immediately  prior to the
occurrence  of a  Termination  Event  set  forth in  Section  5.1(d),  (iii) the
Business  Day  specified  in a written  notice from  Originator  to the Original
Sellers  following the occurrence of any other  Termination  Event, and (iv) the
date that is 30 Business Days after Originator's  receipt of written notice from
any Original  Seller that it wishes to terminate the facility  evidenced by this
Agreement.

                                   Exh.I-4

<PAGE>

                  "Termination  Event" has the  meaning set forth in Section 5.1
of the Agreement.

                  "Transaction Documents" means,  collectively,  this Agreement,
each  Collection  Account  Agreement  and all other  instruments,  documents and
agreements executed and delivered in connection herewith.

                  All accounting terms not specifically  defined herein shall be
construed in accordance with GAAP. All terms used in Article 9 of the UCC in the
State of New York,  and not  specifically  defined  herein,  are used  herein as
defined in such Article 9.

                                   Exh.I-5

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