Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 26, 2009, Hooker Furniture Corporation (the "Company") announced that it had reached an agreement in principle on October 22, 2009 with Sekar Sundararajan, the Company's Executive Vice President of - Operations, regarding his departure. Mr. Sundararajan will leave the Company effective November 30, 2009, and he plans to return to private consulting.

Under the separation agreement:

? Mr. Sundararajan will receive a continuation of his base salary for a period of two (2) months after his departure, for an aggregate of $41,666.66; and

? The Company will waive continued service vesting requirements through January 31, 2010 under Mr. Sundararajan's deferred bonus agreement. As a result, Mr. Sundararajan will receive the following payments under the terms of the deferred bonus agreement:

? $50,000 on January 31, 2010; and

? $33,334 on January 30, 2011.

The agreement will also contain a customary release by Mr. Sundararajan and other customary terms and provisions.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

Exhibit Description

99.1 Press Release dated October 26, 2009

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