Non-Competition, Confidentiality and Non-Solicitation. (a) Upon Executive's receipt of a payment pursuant to Paragraph 5 hereof, Executive shall not, prior to attaining age 65, or within three (3) years after the Effective Date, become an officer, director or employee of, consultant to or majority shareholder in any entity that competes with Company, its subsidiaries or its successor or successors within a 150 mile radius of Evansville, Indiana.
Appears in 4 contracts
Samples: Executive Agreement (Southern Indiana Gas & Electric Co), Executive Agreement This Agreement (Southern Indiana Gas & Electric Co), Executive Agreement This Agreement (Southern Indiana Gas & Electric Co)
Non-Competition, Confidentiality and Non-Solicitation. (a) Upon Executive's receipt of a payment pursuant to Paragraph 5 hereof, Executive (b) shall not, prior to attaining age 65, or within three (3) years after the Effective Date, become an officer, director or employee of, consultant to or majority shareholder in any entity that competes with Company, its subsidiaries or its successor or successors within a 150 mile radius of Evansville, Indiana.
Appears in 1 contract
Samples: Executive Agreement This Agreement (Southern Indiana Gas & Electric Co)