SEC Contract Filing

Filing Date: 2024-10-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>mhk_2024q3exhibit102.htm
<DESCRIPTION>EX-10.2
<TEXT>
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<title>Document</title></head><body><div id="ic33d94251a3b4c8f8200cb9b796c0815_1"></div><div style="min-height:95.76pt;width:100%"><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:700;line-height:120%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibit 10.2</font></div></div><div style="text-align:center"><img alt="image_0.jpg" src="image_0.jpg" style="height:56px;margin-bottom:5pt;vertical-align:text-bottom;width:171px"></div><div style="margin-top:0.75pt"><font><br></font></div><div style="margin-top:5.95pt"><font><br></font></div><div style="padding-left:6.25pt"><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">January 30, 2017</font></div><div><font><br></font></div><div style="margin-top:3pt"><font><br></font></div><div style="padding-left:5.7pt"><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">SUBJECT&#58; </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%;text-decoration:underline">Letter of undertaking</font></div><div><font><br></font></div><div style="margin-top:2.1pt"><font><br></font></div><div style="padding-left:5.75pt"><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">Dear Mr. Vand</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">i</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:120%">ni,</font></div><div style="margin-top:6.15pt;padding-left:5.5pt;padding-right:78.7pt;text-align:justify;text-indent:0.6pt"><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">We are writing in our position of ultimate hold</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">i</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">ng company of the Mohawk Group for the purposes of confirming our agreements on the new </font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">t</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">erms and conditions which, start</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">i</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">ng </font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">fr</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">om February 1, 2017, will be applied to the existing relationsh</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">i</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">p between you and Marazzi Group S.r.l. (the </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:122%">&#34;Company&#34;) </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">in your position of Ch</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">i</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">ef Executive Officer (</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">t</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">he </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:122%">&#34;CEO&#34;) </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">of the Company (the </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:122%">&#34;Directorship&#34;)</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:122%">. </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">Therefore, starting from Feb</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">r</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">uary 1</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">, </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">20</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">1</font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">7 the main terms and conditions of the Directorship sha</font><font style="color:#363b3f;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">ll </font><font style="color:#181d21;font-family:'Arial',sans-serif;font-size:9.5pt;font-weight:400;line-height:122%">be the following ones provided herein </font><font style="color:#75797c;font-family:'Arial',sans-serif;font-size:9.5pt;font-w