Summary of 2011 Compensation for Arthur C. Graves by Knoll, Inc.
Knoll, Inc. has set Arthur C. Graves' annual base salary at $295,000 for 2011, with an additional bonus target of $295,000. Mr. Graves is also eligible to participate in the company's standard employee benefit plans, including healthcare, retirement savings, pension, and the employee stock purchase plan. These terms were approved by Knoll's compensation committee and apply for the 2011 calendar year.
EXHIBIT 10.12
Summary of Arthur C. Graves 2011 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.
