Knoll Inc Sample Contracts

Knoll Inc – the Danish Share Pledge Agreement (Muuto A/S Equity Interests), and other security documents as may be executed and delivered by the Loan Parties pursuant to the terms of Section 7.09, in each case as amended, modified or reaffirmed from time to time, including pursuant to any reaffirmation agreement. “Dutch Share Pledge Agreement” means that certain notarial deed of pledge dated June 26, 2018 between Knoll Overseas, Inc., a Delaware corporation, as pledgor, the Administrative Agent, as pledgee, and Knoll Europe, as the company, as may be amended, supplemented, modified, restated or replaced. (August 26th, 2019)
Knoll Inc – East Greenville, PA 18041 Tel 215 679-7991 Press Release (July 24th, 2019)

EAST GREENVILLE, PA, July 24, 2019 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the second quarter ended June 30, 2019.

Knoll Inc – East Greenville, PA 18041 Tel 215 679-7991 Press Release (April 25th, 2019)

EAST GREENVILLE, PA, April 25, 2019 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the first quarter ended March 31, 2019.

Knoll Inc – (including counsel fees) or liability (including any sum paid in settlement of a claim) arising out of any act or omission to act in connection with the Plan or this Option unless arising out of such person’s own fraud or bad faith; provided, however, that approval of the Board shall be required for the payment of any amount in settlement of a claim against any such person. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification to which such persons may be entitled under the Company’s certificate of incorporation or by-laws, as a matter of law, or (February 26th, 2019)
Knoll Inc – employment or other agreement between the Grantee and the Company or a Subsidiary, the Restricted Stock, to the extent not vested prior to such termination, shall be immediately forfeited to the Company and the Grantee shall have no further rights with respect to such Shares, but all vested Shares shall continue to be owned by the Grantee. (e) Committee Determination. Except as otherwise provided in Section 3, whether Continuous Service has been terminated for the purposes of this Agreement, and the reasons therefore, shall be determined by the Committee, whose determination shall be final, bi (February 26th, 2019)
Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (February 6th, 2019)

EAST GREENVILLE, PA, February 6, 2019 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the fourth quarter and year ended December 31, 2018. Net sales were $354.6 million for the fourth quarter of 2018, an increase of 12.2% from the fourth quarter of 2017. Operating profit was $35.0 million, an increase of 141.3% from the fourth quarter of 2017. Adjusted operating profit for the fourth quarter of 2018 was $39.2 million, an increase of 22.8% from the fourth quarter of 2017. Net earnings for the fourth quarter of 2018 were $24.5 million, a decrease of 24.9% compared to the fourth quarter of 2017. Adjusted net earnings for the fourth quarter of 2018 were $28.2 million, an increase of 56.3% compared to the fourth quarter of 2017. Adjusted EBITDA was $50.4 million, an increase of 23.1% compared to $41.0 million in the fourth quarter of 2017. Diluted earnings per share was $0.50 a

Knoll Inc – 1330 Avenue of the Americas New York, NY 10019 Tel 212.343.4010 acogan@knoll.com Andrew B. Cogan Chairman, President & CEO expect the grant date for these equity awards to be early November 2018. The restricted shares and restricted stock units will be evidenced by Knoll’s standard agreements to be signed by you and Knoll, which will set forth the terms and conditions associated with the equity grant in more detail, including the accrual of dividends. Knoll associates are eligible to receive benefits the first of the month following 30 days of employment and are eligible to participate in the (November 9th, 2018)
Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (October 29th, 2018)

EAST GREENVILLE, PA, October 29, 2018 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the third quarter ended September 30, 2018. Net sales were $327.7 million for the third quarter of 2018, an increase of 12.5% from the third quarter of 2017. Operating profit was $32.9 million, an increase of 18.7% from the third quarter of 2017. Adjusted operating profit for the third quarter of 2018 was $36.9 million, an increase of 30.0% from the third quarter of 2017. Net earnings for the third quarter of 2018 were $20.3 million, an increase of 6.2% compared to the third quarter of 2017. Adjusted net earnings for the third quarter of 2018 were $23.7 million, an increase of 21.1% compared to the third quarter of 2017. Adjusted EBITDA was $47.2 million, an increase of 21.0% compared to $39.0 million in the third quarter of 2017. Diluted earnings per share was $0.41 and $0.39 for the thi

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (July 30th, 2018)

EAST GREENVILLE, PA, July 30, 2018 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the second quarter ended June 30, 2018. Net sales were $323.4 million for the second quarter of 2018, an increase of 20.3%, from the second quarter of 2017. Operating profit was $24.8 million for the second quarter of 2018, an increase of 25.1%, from the second quarter of 2017. Adjusted operating profit for the second quarter of 2018 was $30.6 million, an increase of 35.4%, from the second quarter of 2017. Net income for the second quarter of 2018 was $13.1 million, an increase of 1.5%, when compared to the second quarter of 2017. Adjusted net income for the second quarter of 2018 was $20.8 million, an increase of 41.3%, when compared to the second quarter of 2017. Adjusted EBITDA was $42.1 million, an increase of 30.4% when compared to $32.3 million in the second quarter of 2017. Diluted ea

Knoll Inc – granted pursuant to any stockholder-approved equity plan maintained by the Company, as determined by the Company’s Chief Executive Officer or any of the Company’s other executive officers. (b) Partial Grants. Each Non-Employee Director who first is elected to the Board other than at an annual meeting of the stockholders shall be granted, without any further action by the Board, a number of Restricted Shares equal to the product of: (x) the Annual Director Stock Grant divided by the Fair Market Value of one share of the common stock on the date of grant (determined below), multiplied by (y) a p (May 10th, 2018)
Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (April 25th, 2018)

EAST GREENVILLE, PA, April 25, 2018 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the first quarter ended March 31, 2018. Net sales were $296.6 million for the quarter, an increase of 15.5%, from the first quarter of 2017. Operating profit for the quarter was $22.5 million, an increase of 8.8%, compared to operating profit of $20.6 million for the first quarter of 2017. Adjusted operating profit was $24.0 million, an increase of 16.3% when compared to adjusted operating profit of $20.6 million in the first quarter of 2017. Net earnings for the quarter were $15.3 million, a decrease of 0.9% when compared to the first quarter of 2017. Adjusted net earnings for the quarter were $17.4 million, an increase of 13.2% when compared to the first quarter of 2017. Adjusted EBITDA was $36.8 million, an increase of 14.1% when compared to $32.3 million in the first quarter of 2017. Di

Knoll Inc – Unaudited Pro Forma Condensed Combined Financial Statements Muuto Acquisition (“Muuto,” “Muuto Acquisition,” “Transaction”) and Amended Credit Agreement (April 12th, 2018)

On December 10, 2017, Knoll Denmark ApS, a wholly owned subsidiary of Knoll, Inc. (the “Company”), entered into a share purchase agreement (the “Agreement”) pursuant to which the Company agreed to acquire one hundred percent (100%) of the shares of Muuto Holding ApS and MIE4 Holding 5 ApS, which collectively hold substantially all the business operations of Muuto ApS. The acquisition closed on January 25, 2018 (the “Acquisition Date”), and the purchase price for the acquisition was $311.3 million USD, subject to certain customary adjustments set forth in the Agreement.

Knoll Inc – 2 (ii) the Company consummates the sale of all or substantially all of the property or assets of the Company; (iii) the Company consummates a consolidation or merger of the Company with another corporation (other than with any of the Company’s Subsidiaries), and as a result, the stockholders of the Company immediately before the occurrence of the consolidation or merger own, in the aggregate, not more than 50% of the Voting Stock of the surviving entity; or (iv) a change in the Company’s Board occurs with the result that, within any 12-month period, the members of the Board as of the beginning (April 9th, 2018)
Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (February 8th, 2018)

EAST GREENVILLE, PA, February 8, 2018 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings and coverings for the workplace and home, today announced results for the fourth quarter and year ended December 31, 2017. Net sales were $316.1 million for the fourth quarter, an increase of 7.9%, from the fourth quarter of 2016. Operating profit for the quarter was $12.6 million, a decrease of 64.8% when compared to operating profit of $35.8 million for the fourth quarter of 2016. Adjusted operating profit was $31.6 million, a decrease of 11.7% when compared to adjusted operating profit of $35.8 million in the fourth quarter of 2016. Net earnings for the fourth quarter of 2017 were $32.7 million, an increase of 52.4% when compared to the fourth quarter of 2016. Adjusted net earnings for the fourth quarter of 2017 were $17.6 million, a decrease of 17.8% when compared to the fourth quarter of 2016. Adjusted EBITDA was $41.0 million for the fourth quarter, a decrease of 8

Knoll Inc – SHARE PURCHASE AGREEMENT (January 25th, 2018)

(The Sellers on the one side and the Buyer on the other side are together referred to as the “Parties” and individually a “Party”)

Knoll Inc – THIRD AMENDED AND RESTATED CREDIT AGREEMENT Dated as of January 23, 2018 among KNOLL, INC., as the Parent Borrower, CERTAIN FOREIGN SUBSIDIARIES OF THE PARENT BORROWER, as Foreign Borrowers, CERTAIN SUBSIDIARIES OF THE PARENT BORROWER, as the Guarantors, BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, CITIZENS BANK, N.A., SUNTRUST BANK, and TD BANK, N.A., as Co-Syndication Agents, BRANCH BANKING AND TRUST COMPANY, HSBC BANK USA, NATIONAL ASSOCIATION, and U.S. BANK NATIONAL ASSOCIATION, as Co-Documentation Agents and THE OTHER LENDERS PARTY HERETO MERRILL LYNCH (January 25th, 2018)

This THIRD AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of January 23, 2018 among KNOLL, INC., a Delaware corporation (the “Parent Borrower”), Knoll Denmark ApS, a private limited company incorporated in Denmark (“Knoll Denmark”), Knoll Europe B.V., a Dutch company with limited liability, with corporate seat in Amsterdam, the Netherlands (“Knoll Europe”) and certain other Foreign Subsidiaries of the Parent Borrower party hereto pursuant to Section 2.16 (each a “Foreign Borrower” and, together with the Parent Borrower, the “Borrowers” and, each a “Borrower”), the Guarantors (defined herein), the Lenders (defined herein) and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer.

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (October 23rd, 2017)

EAST GREENVILLE, PA, October 23, 2017 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the third quarter ended September 30, 2017. Net sales were $291.3 million for the third quarter of 2017, a decrease of 0.3%, from the third quarter of 2016. Operating profit was $30.1 million for the third quarter of 2017, a decrease of 14.4%, from the third quarter of 2016. Net income for the third quarter of 2017 was $19.1 million, a decrease of 11.5%, when compared to the third quarter of 2016. Diluted earnings per share was $0.39 and $0.44 for the third quarter of 2017 and 2016, respectively.

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (July 27th, 2017)

EAST GREENVILLE, PA, July 27, 2017 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the second quarter ended June 30, 2017. Net sales were $268.7 million for the second quarter of 2017, a decrease of 8.8%, from the second quarter of 2016. Operating profit was $22.2 million for the second quarter of 2017, a decrease of 33.6%, from the second quarter of 2016. Adjusted operating profit for the second quarter of 2017 was $24.4 million, a decrease of 27.2%, from the second quarter of 2016. Net income for the second quarter of 2017 was $12.9 million, a decrease of 40.3%, when compared to the second quarter of 2016. Adjusted net income for the second quarter of 2017 was $14.3 million, a decrease of 33.8%, when compared to the second quarter of 2016. Diluted earnings per share was $0.26 and $0.44 for the second quarter of 2017 and 2016, respectively. Adjusted diluted earnings per s

Knoll Inc – PERFORMANCE-BASED STOCK UNIT AGREEMENT UNDER THE KNOLL INC. 2013 STOCK INCENTIVE PLAN (May 10th, 2017)

THIS AGREEMENT is made effective as of the _______ day of __________, 20__ (the “Grant Date”), between Knoll, Inc., a Delaware corporation (the “Company”), and _________________________________ (the “Grantee”). Except as otherwise specifically provided herein, capitalized terms used herein shall have the meanings attributed thereto in the Knoll, Inc. 2013 Stock Incentive Plan (the “Plan”). All references to employment and termination of employment herein shall also relate to any consulting relationship, directorship or similar relationship between the Company or a Subsidiary and the Grantee, and the termination thereof.

Knoll Inc – RESTRICTED SHARE AGREEMENT UNDER THE KNOLL INC. (May 10th, 2017)

THIS AGREEMENT is made effective as of the day of , 20__ (the “Grant Date”), between Knoll, Inc., a Delaware corporation (the “Company”), and _____________________ (the “Grantee”). Except as otherwise specifically provided herein, capitalized terms used herein shall have the meanings attributed thereto in the Knoll, Inc. 2013 Stock Incentive Plan (the “Plan”). All references to employment and termination of employment herein shall also relate to any consulting relationship, directorship or similar relationship between the Company or a Subsidiary and the Grantee, and the termination thereof.

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (April 24th, 2017)

EAST GREENVILLE, PA, April 24, 2017 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the first quarter ended March 31, 2017. Net sales were $256.8 million for the first quarter, a decrease of 9.8%, from the first quarter of 2016. Operating profit for the quarter decreased to $23.0 million, or 27.7%, compared to operating profit of $31.8 million for the first quarter of 2016. Net income for the first quarter of 2017 was $15.4 million, a decrease of 11.5% when compared to the first quarter of 2016. Diluted earnings per share was $0.31 and $0.36 for the first quarter of 2017 and 2016, respectively.

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (February 10th, 2017)

EAST GREENVILLE, PA, February 10, 2017 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the fourth quarter ended December 31, 2016. Net sales were $292.9 million for the fourth quarter, a decrease of 4.2%, from the fourth quarter of 2015. Operating profit for the quarter increased 63.8%, to $35.8 million, compared to operating profit of $21.8 million for the fourth quarter of 2015. Adjusted operating profit was $35.8 million, an increase of 5.6% when compared to adjusted operating profit of $33.9 million in the fourth quarter of 2015. Net earnings for the fourth quarter of 2016 were $21.4 million, an increase of 59.4% when compared to the fourth quarter of 2015. Diluted earnings per share was $0.44 and $0.28 for the fourth quarter of 2016 and 2015, respectively. Adjusted diluted earnings per share was $0.44 and $0.43 for the fourth quarter of 2016 and 2015, respectively.

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (October 20th, 2016)

EAST GREENVILLE, PA, October 20, 2016 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the third quarter ended September 30, 2016. Net sales were $292.1 million for the third quarter, an increase of 10.8%, from the third quarter of 2015. Operating profit for the quarter increased 22.6%, to $35.2 million, compared to operating profit of $28.7 million for the third quarter of 2015. Net earnings for the third quarter of 2016 were $21.6 million, an increase of 21.2% when compared to the third quarter of 2015. Diluted earnings per share were $0.44 and $0.37 for the third quarter of 2016 and 2015, respectively.

Knoll Inc – AMENDED AND RESTATED EMPLOYMENT AGREEMENT (August 9th, 2016)

This Amended and Restated Employment Agreement is dated as of July 1, 2016, and is entered into between Knoll, Inc., a Delaware corporation (the “Company”), and Andrew

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (July 27th, 2016)

EAST GREENVILLE, PA, July 27, 2016 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the second quarter ended June 30, 2016. Net sales were $294.7 million for the second quarter, an increase of 9.7%, from the second quarter of 2015. Operating profit for the quarter increased 18.5%, to $33.5 million, compared to operating profit of $28.3 million for the second quarter of 2015. Net earnings for the second quarter of 2016 were $21.3 million, an increase of 23.5% when compared to the second quarter of 2015. Diluted earnings per share were $0.44 and $0.36 for the second quarter of 2016 and 2015, respectively.

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (April 21st, 2016)

EAST GREENVILLE, PA, April 21, 2016 -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the first quarter ended March 31, 2016. Net sales were $284.6 million for the first quarter, an increase of 6.8%, from the first quarter of 2015. Operating profit for the quarter increased to $31.8 million, or 42.8%, compared to operating profit of $22.3 million for the first quarter of 2015. Net earnings for the first quarter of 2016 were $17.3 million, a decrease of 0.6% when compared to the first quarter of 2015. Diluted earnings per share were $0.36 for both the first quarter of 2016 and 2015, respectively. However, 2015 included a foreign exchange gain of $0.09 per share related to the settlement of an intercompany receivable, and 2016 included a foreign exchange loss of $0.03 per share.

Knoll Inc – PERFORMANCE-BASED STOCK UNIT AGREEMENT UNDER THE KNOLL INC. 2013 STOCK INCENTIVE PLAN (February 29th, 2016)

THIS AGREEMENT is made effective as of the ____th day of ______, 20__ (the “Grant Date”), between Knoll, Inc., a Delaware corporation (the “Company”), and ______________________________ (the “Grantee”). Except as otherwise specifically provided herein, capitalized terms used herein shall have the meanings attributed thereto in the Knoll, Inc. 2013 Stock Incentive Plan (the “Plan”). All references to employment and termination of employment herein shall relate to any consulting relationship, directorship or similar relationship between the Company or a Subsidiary and the Grantee, and the termination thereof.

Knoll Inc – AMENDED AND RESTATED KNOLL, INC. NON-EMPLOYEE DIRECTOR COMPENSATION PLAN (Effective January 1, 2016) (February 29th, 2016)

Purpose. This Amended and Restated Non-Employee Director Compensation Plan (the “Plan”) is intended to promote the interests of Knoll, Inc. (the “Company”) by providing an inducement in the form of fees to certain qualified persons who are not employees of the Company (“Non-Employee Directors”) to serve as members of the Company’s Board of Directors (the “Board”). In addition, the Plan also seeks to align the interests of these Non-Employee Directors with the interests of the Company’s stockholders by allowing all or a portion of these fees to be paid in shares of common stock of the Company, par value $0.01 per share (the “Common Stock”), and providing for an annual grant of Common Stock subject to certain restrictions (“Restricted Shares”).

Knoll Inc – 1235 Water Street East Greenville, PA 18041 Tel 215 679-7991 Press Release (February 11th, 2016)

EAST GREENVILLE, PA, February 11, 2016 -- Knoll, Inc. (NYSE: KNL) today announced results for the fourth quarter and year ended December 31, 2015. Net sales were $305.7 million for the fourth quarter, an increase of 6.7%, or 8.4% on a constant currency basis, from the fourth quarter of 2014. Operating profit for the quarter increased to $21.8 million, or 9.2%, when compared to operating profit of $20.0 million for the fourth quarter of 2014. Adjusted operating profit for the quarter was $33.9 million, an increase of $6.2 million, or 22.4%, from the fourth quarter of 2014. Net earnings for the fourth quarter of 2015 were $13.4 million, an increase of 8.9% when compared to the fourth quarter of 2014. Diluted earnings per share was $0.28 for the quarter compared to $0.26 in the fourth quarter of 2014. Adjusted diluted earnings per share was $0.43 for the quarter compared to $0.35 in the fourth quarter of 2014.

Knoll Inc – Press Release (October 21st, 2015)

EAST GREENVILLE, PA, October 21, 2015 -- Knoll, Inc. (NYSE: KNL) today announced results for the third quarter ended September 30, 2015. Net sales were $263.6 million for the third quarter, a slight decrease of 1.8%, or 0.2% on a constant currency basis from the third quarter of 2014. Operating profit for the quarter increased to $28.7 million, when compared to operating profit of $23.3 million in the third quarter of 2014. Adjusted operating profit for the quarter was $29.1 million, a 24.4% increase from the third quarter of 2014. Net earnings for the third quarter of 2015 were $17.9 million, an increase of 14.7% when compared to the third quarter of 2014. Diluted earnings per share was $0.37 for the quarter compared to $0.33 per share in the third quarter of 2014. Adjusted diluted earnings per share was $0.38 in the third quarter of 2015.

Knoll Inc – AMENDMENT NO. 6 TO EMPLOYMENT AGREEMENT (August 3rd, 2015)

This Amendment No. 6 to the Employment Agreement (the “Amendment”) is entered into as of this 24th day of June, 2015, between Knoll, Inc., a Delaware corporation (the “Company”), and Andrew B. Cogan (“Executive”).

Knoll Inc – Press Release (July 17th, 2015)

EAST GREENVILLE, PA, July 17, 2015 -- Knoll, Inc. (NYSE: KNL) today announced results for the second quarter ended June 30, 2015. Net sales were $268.6 million for the quarter, an increase of 1.0% from second quarter of 2014. Operating profit for the quarter was $28.3 million, compared to operating profit of $22.2 million in the second quarter of 2014. Net earnings for the second quarter of 2015 was $17.2 million, an increase of 59.3% when compared with the second quarter of 2014. Diluted earnings per share was $0.36 for the quarter compared to $0.23 per share in the prior year.

Knoll Inc – KNOLL, INC. Incorporated Under the Laws of the State of Delaware AMENDED AND RESTATED BY-LAWS (effective May 6, 2015) (May 11th, 2015)

The registered office of Knoll, Inc. (the “Corporation”) in Delaware shall be in the City of Wilmington, County of New Castle. The Corporation may also have such other offices at such other places, within or without the State of Delaware, as the Board of Directors may from time to time designate or the business of the Corporation may require.

Knoll Inc – Press Release (April 20th, 2015)

This release contains non-GAAP financial measures. Organic net sales is a non-GAAP financial measure and represents the change in net sales excluding the impact of HOLLY HUNT, which we acquired on February 3, 2014. Adjusted operating profit and adjusted earnings per share are also non-GAAP financial measures, and are calculated by excluding from operating profit or earnings per share, as applicable, items

Knoll Inc – SEPARATION AGREEMENT (March 2nd, 2015)

This Separation Agreement (“Agreement”) is made and entered into by and between Lynn M. Utter (“Ms. Utter”) and Knoll, Inc. (“Knoll”) as of January 12, 2015.