Illinois Addendum. No. 1: A new subparagraph 9(o) is added as follows: Effective if I sign this Non-Compete Agreement after January 1, 2022, I understand that (i) the non-competition obligations under Section 2 do not apply to me if I do not earn the statutory minimum compensation set by Illinois statute (e.g., between January 1, 2021 and January 2, 2027, the statutory threshold is $75,000 per year or less); and (ii) the non-solicitation obligations under Section 3 do not apply to me if I do not earn the statutory minimum compensation set by Illinois statute (e.g., between January 1, 2022 and January 2, 2027, the statutory threshold is $45,000 per year or less).
Appears in 3 contracts
Samples: Solicitation and Confidentiality Agreement (Walgreens Boots Alliance, Inc.), Award Agreement (Walgreens Boots Alliance, Inc.), Restricted Stock Unit Award Agreement (Walgreens Boots Alliance, Inc.)
Illinois Addendum. Addendum No. 1: A new subparagraph 9(oSection 9(a)(i) is added as follows: Effective if I sign this Non-Compete Agreement after January 1, 2022, I understand that (iA) the non-competition obligations under Section 2 do not apply to me if I do not earn the statutory minimum compensation set by Illinois statute (e.g., between January 1, 2021 and January 2, 2027, the statutory threshold is $75,000 per year or less); and (iiB) the non-solicitation obligations under Section 3 do not apply to me if I do not earn the statutory minimum compensation set by Illinois statute (e.g., between January 1, 2022 and January 2, 2027, the statutory threshold is $45,000 per year or less).
Appears in 2 contracts
Samples: Solicitation and Confidentiality Agreement (Walgreens Boots Alliance, Inc.), Solicitation and Confidentiality Agreement (Walgreens Boots Alliance, Inc.)
