1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On July 17, 2012, Unifi Manufacturing, Inc. (the "Company"), a wholly owned subsidiary of Unifi, Inc. (the "Registrant"), entered into a First Amendment to Yarn Purchase Agreement (the "First Amendment") with Hanesbrands Inc. ("HBI"), which amends the Yarn Purchase Agreement between the Company and HBI dated November 6, 2009 (the "Agreement"). Pursuant to the Agreement, HBI agreed to purchase certain yarns (the "Products") from the Company to fulfill a substantial portion of HBI's Products requirements in the Western Hemisphere. The First Amendment provides for an extension of the initial term of the Agreement, which will now expire on December 31, 2013, provided that upon the consent of both HBI and the Company, the Agreement may be extended for successive one year terms. The First Amendment also includes updated pricing schedules for the Products effective January 1, 2012. The prices for the Products will be as set forth in the First Amendment or will be determined from time to time in accordance with the Agreement.

The First Amendment will be filed as an exhibit to a future periodic report of the Registrant, with portions omitted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment.

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