A cleat assembly having a base adapted for mounting on a surface with the base having at least one depending hollow cylindrical guide tube which extends through the mounting surface The cleat assembly includes a cleat member having a head adapted to be received by and seated on the cleat base and at least one cleat post which is received in the base guide tube and reciprocally movable therein. An elastomeric keeper member is attached to the cleat post and frictionally engages the guide tube providing infinitesimal positions of adjustment. The elastomeric keeper member in one embodiment has a faceted surface with longitudinally extending grooves to allow passage of liquids and debris. The keeper elements may be secured to the cleat posts by fasteners which serve to radially expand the elastomeric keepers. Additonal areas of cushioned frictional contact are provided between the post and guide tube to dampen rattling.