NONCOMPETITION AGREEMENTNoncompetition Agreement • October 30th, 2018 • International Business Machines Corp • Computer & office equipment • New York
In recognition of your critical role as a senior executive with International Business Machines Corporation (“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 an IBM Fellow, and/or as mutually agreed upon consideration for your promotion or hiring as a senior executive, including your eligibility for awards to be granted to you under an IBM Long-Term Performance Plan (which constitutes independent consideration for Paragraph 1(e) herein), 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.
Equity Award Agreement Plan [IBM 1999 Long-Term Performance Plan (the “Plan”)] Award Type [Stock Options, Restricted Stock, Restricted Stock Units, Cash- Settled Restricted Stock Units, SARs]Equity Award Agreement • October 30th, 2018 • International Business Machines Corp • Computer & office equipment • New York
Purpose The purpose of this Award is to retain selected employees and executives. You recognize that this Award represents a potentially significant benefit to you and is awarded for the purpose stated here.
