Document:

Exhibit 10.53

 Exhibit 10.53 
 Summary of Benefits and Fees for Outside Directors 
 Annual Retainers, Meeting Fees and RSUs 
  

	 	•	 	 $70,000 annual cash retainer 

  

	 	•	 	 Board and committee meeting fees: 

  

	 	•	 	 $2,000 per in-person meeting 

  

	 	•	 	 $1,000 per telephonic meeting 

  

	 	•	 	 Additional annual committee chair retainers: 

  

	 	•	 	 $20,000 for Audit Committee Chair 

  

	 	•	 	 $15,000 for Human Capital & Compensation Committee (HC&CC) Chair 

  

	 	•	 	 $10,000 for other committee chairs (including any special committees) 

  

	 	•	 	 $150,000 additional annual retainer for the non-executive Chairman 

  

	 	•	 	 $100,000 annual RSU grant made at each annual shareholders’ meeting and cliff vesting in full at the next year’s annual meeting

  

	 	•	 	 New Board members joining the board in between annual meetings receive a pro-rated RSU grant that vests in full upon the subsequent annual meeting. The value of the
RSU grant is pro-rated based on the number of half-months between the date of the Board member’s initial appointment to the Board and the date of the subsequent annual meeting. 

 Communications Services 
  

			
	 Category
	  	 Benefit

	Wireless Units	  	2 units of any kind (including PDAs such as the Blackberry and Treo) and 1 connection card
		
	SERO (Sprint Employee Referral Offer)	  	Up to 10 friends and family members per year may be activated on one of three special discounted rate plans (they are liable for their own accounts)
		
	Long Distance	  	Long distance calling cards and wireline long distance
		
	GSM International Phone	  	Use of a GSM phone when traveling internationally
		
	Accessories	  	Provided as needed
		
	Total Annual Allowance	  	Reasonable usage, with actual usage reviewed periodically by HC&CC (usage, accessories, etc.)
		
	Income tax treatment	  	No gross-up provided
		
	Termination of service	  	Converted to consumer rate plan upon termination
		
	VIP Support	  	Designated support team to assist with service and equipment issues

  

 Sprint Foundation Matching Gift Program 
 Outside Directors are eligible to participate in the Sprint Foundation’s matching gift program. The Foundation matches contributions to qualifying
organizations on a 1-for-1 basis, up to the annual donor maximum of $5,000. The annual maximum per donor, per organization is $2,500. The minimum gift eligible for matching funds is $25. Gifts can be made to accredited educational institutes,
arts/cultural organizations, and youth development organizations as long as they have 501(c)(3) tax-exempt status. The matching gift award may be reduced by the value of any benefit you receive for your contribution. 
 Director Stock Ownership Guidelines 
 Outside
directors are required to hold equity or equity interests in our common stock with a value of at least two times the annual board retainer amount (or $140,000). Each outside director is required to meet this ownership level by the later of
August 12, 2007 or the second anniversary of the director's initial election or appointment to the Board. 
 Minimum Holding Period 

Active Outside Directors are required to retain for a period of at least 12 months all shares or share equivalents (e.g., options or restricted
stock units) received from Sprint Nextel, except for shares (i) sold for the payment of taxes as a result of shares becoming available to the non-employee director, or (ii) delivered to Sprint Nextel to pay for the acquisition of
additional shares through the exercise of a stock option or otherwise. The 12-month period begins on the date any restrictions or vesting periods have lapsed on the shares or share equivalents (including stock options). The Outside Directors are
subject to this holding period until they leave the Sprint Nextel Board.Summary of Barry L. McCabe 2008 Compensation

 EXHIBIT 10.13 
 Summary of Barry L. McCabe 2008 Compensation 
 The Knoll, Inc. compensation committee approved an annual base salary
of $295,000 for Barry L. McCabe, with a bonus target of $295,000. Mr. McCabe is also entitled to participate in the benefit plans provided by Knoll that are available to Knoll employees generally, including, without limitation, healthcare
benefits, the Knoll Retirement Savings Plan, the Knoll Pension Plan and the Knoll Employee Stock Purchase Plan.Summary of Stephen A. Grover 2008 Compensation

 EXHIBIT 10.15 
 Summary of Stephen A. Grover 2008 Compensation 
 The Knoll, Inc. compensation committee approved an annual base
salary of $295,000 for Stephen A. Grover, with a bonus target of $295,000. Mr. Grover is also entitled to participate in the benefit plans provided by Knoll that are available to Knoll employees generally, including, without limitation,
healthcare benefits, the Knoll Retirement Savings Plan, the Knoll Pension Plan and the Knoll Employee Stock Purchase Plan.Summary of Arthur C. Graves 2008 Compensation

 EXHIBIT 10.17 
 Summary of Arthur C. Graves 2008 Compensation 
 The Knoll, Inc. compensation committee approved an annual base salary
of $295,000 for Arthur C. Graves, with a bonus target of $295,000. Mr. Graves is also entitled to participate in the benefit plans provided by Knoll that are available to Knoll employees generally, including, without limitation, healthcare
benefits, the Knoll Retirement Savings Plan, the Knoll Pension Plan and the Knoll Employee Stock Purchase Plan.Form of Non-Qualified Stock Option Agreement Under the 2007 Stock Incentive Plan

 EXHIBIT 10.30 
 NON-QUALIFIED 
 STOCK OPTION AGREEMENT 
 UNDER THE 
 KNOLL, INC. 
 2007 STOCK INCENTIVE PLAN 
 THIS
AGREEMENT, made as of this      day of             ,          by and between Knoll, Inc., a Delaware
corporation (the “Company”), and                                  (the
“Optionee”). 
 W I T N E S S E T H: 
 WHEREAS, the Optionee is now employed or engaged as a consultant by the Company or one of its subsidiaries in a key capacity, or is a director of the Company, and the Company desires to have
                 remain in such employment and to afford                 
the opportunity to acquire, or enlarge,                  ownership of the Company’s Common Stock, par value $.01 per share (“Stock”), so that
                 may have a direct proprietary interest in the Company’s success (all references to employment hereinafter shall relate to any consulting,
directorship or similar relationship, as applicable, and all references to employment or termination of employment with or by the Company shall include employment with or by any of the Company’s direct or indirect subsidiaries, as applicable);

 NOW, THEREFORE, in consideration of the covenants and agreements herein contained, the parties hereto hereby agree as follows: 

1. Grant of Option. Subject to the terms and conditions set forth herein and in the Company’s
                 Stock Incentive Plan as amended and/or restated (the “Plan”), the Company hereby grants to the Optionee, during the period commencing
on the date of this Agreement and ending ten years from the date hereof (the “Termination Date”), the right and option (the right to purchase any one share of Stock hereunder being an “Option”) to purchase from the Company, at a
price of $         per share, an aggregate of                  shares of Stock. The Optionee expressly acknowledges
receipt of a copy of the Plan and agrees to be bound by all of the provisions of the Plan. 
 2. Limitations on Exercise of Option.
Subject to compliance with the terms and conditions set forth herein, the Optionee may exercise         % of the Options on and after
                    ,         , an additional
        % of the Options on and after                     ,
        , an additional         % of the Options on and after
                    ,         , and an additional
        % of the Options on and after                     ,
        . Notwithstanding the vesting provisions in this 

 
Section 2, upon a Change in Control (following the date hereof), as defined in Exhibit A annexed hereto, 100% of the Options, to the extent not
previously exercised, shall become fully vested and exercisable. 
 3. Termination of Employment. 
 A. If prior to the Termination Date, the Optionee shall cease to be employed by the Company by reason of a disability, as defined in Section 22(e)(3)
of the Internal Revenue Code of 1986, as amended (the “Code”), or by reason of retirement on or after age 65, the Options shall remain exercisable until the earlier of the Termination Date or one year after the date of cessation of
employment to the extent the Options were exercisable at the time of cessation of employment. 
 B. If the Optionee shall cease to be
employed by the Company prior to the Termination Date by reason of death, or the Optionee shall die while entitled to exercise any of the Options pursuant to paragraph 3(A) or the second sentence of paragraph 3(C), the executor or administrator of
the estate of the Optionee or the person or persons to whom the Options shall have been validly transferred by the executor or administrator pursuant to will or the laws of descent and distribution shall have the right, until the earlier of the
Termination Date or one year after the date of death, to exercise the Options to the extent that the Optionee was entitled to exercise them on the date of death, subject to any other limitation contained herein on the exercise of the Options in
effect on the date of exercise. 
 C. If the Optionee voluntarily terminates employment with the Company for reasons other than death,
disability, or retirement on or after age 65, or if the Optionee’s employment with the Company is terminated for Cause, as hereinafter defined, unless otherwise provided by the Committee, the Options, to the extent not exercised prior to such
termination, shall lapse and be canceled. If the Company terminates the Optionee’s employment without Cause, as hereinafter defined, the Options, to the extent exercisable immediately prior to such termination, shall continue to be exercisable
until the earlier of the Termination Date or ninety (90) days after the date of such termination. For purposes of the immediately preceding sentence, any days during the above-mentioned 90-day period that the Optionee is prohibited from selling
Stock into the public market on account of any underwriters’ lock-up period or any blackout period imposed by the Company, shall (without duplication) not be counted. 
 D. For purposes of this Agreement, unless otherwise provided in an employment agreement between the Company and the Optionee, “Cause” shall
mean: (i) the Optionee’s failure (except where due to a disability), neglect or refusal to perform                  

  

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duties which failure, neglect or refusal shall not have been corrected by the Optionee within 30 days of receipt by the Optionee of written notice from the
Company of such failure, neglect or refusal, which notice shall specifically set forth the nature of said failure, neglect or refusal, (ii) any engaging by the Optionee in conduct that has the effect of injuring the reputation or business of
the Company or its affiliates in any material respect; (iii) any continued or repeated absence from the Company, unless such absence is (A) approved or excused by the Board or (B) is the result of the Optionee’s illness,
disability or incapacity; (iv) use of illegal drugs by the Optionee or repeated drunkenness; (v) conviction of the Optionee for the commission of a felony; or (vi) the commission by the Optionee of an act of fraud or embezzlement
against the Company. 
 E. Except as otherwise provided in paragraph 3(D) hereof, whether employment has been or could have been terminated
for the purposes of this Agreement, and the reasons therefor, shall be determined by the Committee, whose determination shall be final, binding and conclusive. 
 F. After the expiration of any exercise period described in either of paragraphs 3(A), 3(B) or 3(C) hereof, the Options shall terminate together with all of the Optionee’s rights hereunder, to the extent not
previously exercised. All vesting with respect to the Options shall cease upon the Optionee’s termination of employment with the Company and all Options to the extent unvested at the time of termination shall expire. 
 4. Method of Exercising Option. 
 A. The Optionee may exercise any or all of the Options by delivering to the Company a written notice signed by the Optionee stating the number of Options that the Optionee has elected to exercise at that time, together with full payment of
the purchase price of the shares to be thereby purchased from the Company. Payment of the purchase price of the shares may be made by certified or bank cashier’s check payable to the order of the Company, or, in the sole discretion of the
Committee, (i) by surrender or delivery to the Company of shares of Stock or other property acceptable to the Committee in its sole discretion, which Stock or other property shall have a value equal to the purchase price, (ii) after the
date of an initial public offering, by delivery to the Committee of a copy of irrevocable instructions to a stockbroker to deliver promptly to the Company an amount of sale or loan proceeds sufficient to pay the purchase price, or (iii) by such
other means as the Committee shall allow in its discretion. Notwithstanding anything herein to the contrary, the Company shall not directly or indirectly extend or maintain credit, or arrange for the extension of credit, in the form of a personal
loan to or for any director or executive officer of the Company hereunder in violation of Section 402 of the Sarbanes-Oxley Act of 2002. 
  

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 B. At the time of exercise, the Optionee shall pay to the Company such amount as the Company deems
necessary to satisfy its obligation to withhold Federal, state or local income or other taxes incurred by reason of the exercise or the transfer of shares thereupon. The Committee may, in its sole discretion, allow for the withholding of shares of
Stock by the Company having a value equal to the amount necessary to satisfy all or part of the tax withholding requirements. 
 5.
Issuance of Shares. Subject to any limitations set forth in the Plan, as promptly as practical after receipt of such written notification and full payment of such purchase price and any required income tax withholding amount, the
Company shall issue or transfer to the Optionee the number of shares with respect to which Options have been so exercised, and shall deliver to the Optionee a certificate or certificates therefor, registered in the Optionee’s name. 

6. Successors. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision
should logically be construed to apply to the executors, the administrators, or the person or persons to whom the Options may be transferred by will or by the laws of descent and distribution, the word “Optionee” shall be deemed to include
such person or persons. 
 7. Non-Transferability. The Options are not transferable by the Optionee other than by will or the
laws of descent and distribution and are exercisable during the Optionee’s lifetime only by Optionee. No assignment or transfer of the Options, or of the rights represented thereby, whether voluntary or involuntary, by operation of law or
otherwise (except by will or the laws of descent and distribution), shall vest in the assignee or transferee any interest or right herein whatsoever, but immediately upon such assignment or transfer the Options shall terminate and become of no
further effect. 
 8. Rights as Stockholder. The Optionee or a transferee of the Options shall have no rights as a stockholder
with respect to any share covered by the Options until                  shall have become the holder of record of such share, and no adjustment shall be made for
dividends or distributions or other rights in respect of such share for which the record date is prior to the date upon which she shall become the holder of record thereof. 
  

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 9. Recapitalizations, Reorganizations, etc. 
 A. The existence of the Options shall not affect in any way the right or power of the Company or its stockholders to make or authorize any or all
adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business, or any merger or consolidation of the Company, or any issue of stock or of options, warrants or rights to purchase stock or of
bonds, debentures, preferred or prior preference stocks ahead of or affecting the Stock or the rights thereof or convertible into or exchangeable for Stock, or the dissolution or liquidation of the Company, or any sale or transfer of all or any part
of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise. 
 B. The shares with
respect to which the Options are granted are shares of Stock of the Company as presently constituted, but if, and whenever, prior to the delivery by the Company of all of the shares of the Stock with respect to which the Options are granted, the
Company shall effect a subdivision or consolidation of shares of the Stock outstanding, without receiving compensation therefor in money, services or property, the number and price of shares remaining under the Options shall be appropriately
adjusted. Such adjustment shall be made by the Committee, whose determination as to what adjustment shall be made, and the extent thereof, shall be final, binding and conclusive. Any such adjustment may provide for the elimination of any fractional
share which might otherwise become subject to the Options. 
 C. In the event of any change in the outstanding shares of Stock by reason of
any recapitalization, merger, consolidation, spin-off, combination or exchange of shares or other corporate change, or any distributions to common shareholders other than cash dividends, the Committee shall make such substitution or adjustment, if
any, as it deems to be equitable, as to the number or kind or shares of Stock or other securities covered by the Options and the Option price thereof. The Committee shall notify the Optionee of any intended sale of all or substantially all of the
Company’s assets within a reasonable time prior to such sale. 
 D. Except as hereinbefore expressly provided, the issue by the Company
of shares of stock of any class, or securities convertible into or exchangeable for shares of stock of any class, for cash or property, or for labor or services, either upon direct sale or upon the exercise of options, rights or warrants to
subscribe therefor, or to purchase the same, or upon conversion of shares or obligation of the Company convertible into such shares or other securities, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number
or price of shares of Stock subject to the Options. 
  

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 10. Compliance with Law. Notwithstanding any of the provisions hereof, the Optionee hereby
agrees that Title will not exercise the Options, and that the Company will not be obligated to issue or transfer any shares to the Optionee hereunder, if the exercise hereof or the issuance or transfer of such shares shall constitute a violation by
the Optionee or the Company of any provisions of any law or regulation of any governmental authority. Any determination in this connection by the Committee shall be final, binding and conclusive. The Company shall in no event be obliged to register
any securities pursuant to the Securities Act of 1933 (as now in effect or as hereafter amended) or to take any other affirmative action in order to cause the exercise of the Options or the issuance or transfer of shares pursuant thereto to comply
with any law or regulation of any governmental authority. 
 11. Notice. Every notice or other communication relating to this
Agreement shall be in writing, and shall be mailed to or delivered to the party for whom it is intended at such address as may from time to time be designated by it in a notice mailed or delivered to the other party as herein provided, provided
that, unless and until some other address be so designated, all notices or communications by the Optionee to the Company shall be mailed or delivered to the Company at its principal executive office, and all notices or communications by the Company
to the Optionee may be given to the Optionee personally or may be mailed to Optionee at the Optionee’s last known address, as reflected in the Company’s records. 
 12. Non-Qualified Options. The Options granted hereunder are not intended to be incentive stock options within the meaning of
Section 422 of the Code. 
 13. Binding Effect. Subject to Section 7 hereof, this Agreement shall be binding upon the
heirs, executors, administrators and successors of the parties hereto. 
 14. Governing Law. This Agreement shall be construed
and interpreted in accordance with the internal laws of the State of Delaware, United States of America, without reference to the principles of conflicts of law thereof. The parties hereto agree that any action arising out of or relating to this
Agreement must be brought in the United States District Court of Delaware. Alternatively, provided only that the United States District Court for Delaware is deemed to lack subject-matter jurisdiction, the parties consent and agree that any such
matter provided for in this sub-paragraph shall be brought in Delaware State court. All parties hereto expressly agree and consent to the exclusive jurisdiction of the Delaware courts (i.e., Delaware Federal and Delaware State Courts, respectively).

  

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 15. Plan. The terms and provisions of, and the defined terms used in, the Plan are
incorporated herein by reference. Unless a different meaning is expressly set forth herein, the defined terms used in this Agreement shall have the same meaning given to such terms in the Plan. In the event of a conflict or inconsistency between
discretionary terms and provisions of the Plan and the express provisions of this Agreement, this Agreement shall govern and control. In all other instances of conflicts or inconsistencies or omissions, the terms and provisions of the Plan shall
govern and control. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.

  

			
	KNOLL, INC.
		
	By:	 	  

	
	OPTIONEE:
	
	  

  

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 EXHIBIT A 
 Change in Control. For purposes of this Agreement, a “Change in Control” shall be deemed to have occurred if: (i) any person (as defined in Section 3(a)(9) of the Securities Exchange Act of 1934, as amended from
time to time (the “Exchange Act”), and as used in Sections 13(d) and 14(d) thereof, including any “group” as defined in Section 13(d)(3) thereof (a “Person”), but excluding the Company, any majority owned
subsidiary of the Company (a “Subsidiary”), and any employee benefit plan sponsored or maintained by the Company or any Subsidiary (including any trustee of such plan acting as trustee), becomes the beneficial owner of shares of the
Company having at least 50% of the total number of votes that may be cast for the election of directors of the Company (the “Voting Shares”) provided, however, that such an event shall not constitute a Change in Control if the acquiring
Person has entered into an agreement with the Company approved by the Board which materially restricts the right of such Person to direct or influence the management or policies of the Company; (ii) the shareholders of the Company shall
approve, and there shall have been consummated, any merger or other business combination of the Company, sale of the Company’s assets or combination of the foregoing transactions (a “Transaction”) other than a Transaction involving
only the Company and one or more of its Subsidiaries, or a Transaction immediately following which the shareholders of the Company immediately prior to the Transaction continue to have a majority of the voting power in the resulting entity; or
(iii) within any 24-month period beginning on or after                 ,              the
persons who were members of the Board on or immediately before the beginning of such period (the “Incumbent Directors”) shall cease (for any reason other than death) to constitute at least a majority of members of the Board or the board of
directors of any successor to the Company, provided that any director who was not a director as of                 ,
             shall be deemed to be an Incumbent Director if such director was elected to the Board by, or on the recommendation of or with the approval of, at least a majority of the
directors who then qualified as Incumbent Directors either actually or by prior operation of this definition. Notwithstanding the foregoing, no Change in Control shall be deemed to have occurred for purposes of this Agreement by reason of any
actions or events in which the Optionee participates in a capacity other than in              capacity as an employee of the Company or any Subsidiary. 
  

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