0000051143-25-000015 Sample Contracts
NONCOMPETITION AGREEMENTNoncompetition Agreement • February 25th, 2025 • International Business Machines Corp • Computer & office equipment
In recognition of your critical role as a senior executive with IBM Japan, Ltd. (“IBM”) and in recognition of your access to IBM Confidential Information and/or IBM customer goodwill by virtue of your position, and/or your membership on the Acceleration Team, and/or your appointment as a Fellow, and/or as consideration for your promotion or hiring as a senior executive, along with your eligibility for awards to be granted to you under an International Business Machines Corporation Long-Term Performance Plan, and/or for other good and valuable consideration, you (“Employee” or “you”) agree to the terms and conditions herein of this Noncompetition Agreement (the “Agreement”). Capitalized terms not otherwise defined shall have the meaning ascribed to them in Paragraph 2.
NONCOMPETITION AGREEMENTNoncompetition Agreement • February 25th, 2025 • International Business Machines Corp • Computer & office equipment
In recognition of the critical role that you will play as a senior executive with International Business Machines Corporation (“IBM”) and in recognition of your access to IBM Confidential Information by virtue of this position, and further as consideration for your promotion as a senior executive, along with any and all awards to be granted to you under an International Business Machines Corporation Long-Term Performance Plan (“LTPP”), and/or for other good and valuable consideration, you (“Employee” or “you”) agree to the terms and conditions of this Noncompetition Agreement (this “Agreement”) as follows: