NONCOMPETITION AGREEMENTNoncompetition Agreement • February 25th, 2020 • 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 your access to IBM Confidential Information and/or IBM customer goodwill by virtue of your position, 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 Performance Share Units (PSUs) Purpose The purpose of this Award is to retain and motivate selected executives to realize IBM’s high value business model. You...Equity Award Agreement • February 25th, 2020 • International Business Machines Corp • Computer & office equipment • New York
Treatment of your Award upon termination of employment It is strongly recommended that you print the Terms and Conditions document for later reference.
