Marsh & McLennan Companies, Inc. – NON-COMPETITION AND NON-SOLICITATION AGREEMENT (February 27th, 2014)
AGREEMENT, dated as of November 21, 2013, between Marsh & McLennan Companies, Inc. (”MMC”) and Julio Portalatin, an employee of the Company (“Executive”). The terms of this Agreement are effective as of November 21, 2013.
Marsh & McLennan Companies, Inc. – November 21, 2013 Julio A. Portalatin [Address] [City, State, Zip Code] Subject: Terms of Employment Dear Julio: (February 27th, 2014)
This letter agreement is intended to set forth the terms of your continued employment by Mercer, Inc. (“Mercer”) as its President and Chief Executive Officer. This position currently reports to the President and Chief Executive Officer (the “Chief Executive Officer”) of Marsh & McLennan Companies, Inc. (“Marsh & McLennan Companies”, and together with its subsidiaries and affiliates, the “Company”). Your current principal work location is in New York, NY. The terms of this letter agreement are effective as of March 20, 2013.
Marsh & McLennan Companies, Inc. – NON-COMPETITION AND NON-SOLICITATION AGREEMENT (May 9th, 2013)
This Agreement is entered into in consideration of the (a) Executive’s employment by the Employer in a senior executive position, (b) Executive’s eligibility for certain bonus compensation of Employer, and (c) Executive’s access to confidential information and trade secrets belonging to Employer.