exhibit 10. 3 service agreement between : unilin industries bvba with registered office at b - 8710 wielsbeke - belgium, ooigemstraat 3 hereinafter referred to as “ the company ” ; between : between : unilin industries bvba with registered office at b - 8710 wielsbeke - belgium, ooigemstraat 3 hereinafter referred to as “ the company ” ; unilin industries bvba with registered office at b - 8710 wielsbeke - belgium, ooigemstraat 3 hereinafter referred to as “ the company ” ; and : comm. v. “ bernard thiers ”, with a registered office at b - 9700 eine - belgium, nestor de tierestraat 128 hereinafter referred to as “ the service provider ”. preamble whereas, the service provider explains that it has the necessary skills and expertise, and is allowed under applicable laws, to provide services in connection with the management of commercial companies, and whereas, in view of the fact that the company needs the above - mentioned services to support the company, of the experience of the service provider and its wish to provide said services with maintenance of its independence, the parties have chosen to enter into the present service agreement ( the service agreement ), and whereas, the service provider can also be appointed member of the management committee of the company, if any ; and whereas, the parties wish to specify the terms and conditions of their collaboration : it has been agreed as follows : 1 object 1. 1the service provider shall provide all necessary and appropriate services ( hereinafter the services ) concerning ( i ) daily management of the company as president - unilin, ( ii ) strategy definition, ( iii ) build a new executive management team, ( iv ) succession planning for executives and ( v ) providing advice and support to laminate and wood segment. 1. 1 1. 1 the service provider shall provide all necessary and appropriate services ( hereinafter the services ) concerning ( i ) daily management of the company as president - unilin, ( ii ) strategy definition, ( iii ) build a new executive management team, ( iv ) succession planning for executives and ( v ) providing advice and support to laminate and wood segment. the service provider shall provide all necessary and appropriate services ( hereinafter the services ) concerning ( i )