Protective Covenant Agreement Sample Contracts

UPS PROTECTIVE COVENANT AGREEMENT
Protective Covenant Agreement • February 21st, 2019 • United Parcel Service Inc • Trucking & courier services (no air)

I, Kevin Warren, am voluntarily entering into this Protective Covenant Agreement (“Agreement”) with United Parcel Service, Inc. (“UPS” or “the Company”) on the date set forth below (the “Effective Date”).

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CHANGE IN CONTROL SEVERANCE AGREEMENT
Protective Covenant Agreement • January 7th, 2011 • Cousins Properties Inc • Real estate investment trusts • Georgia

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made and entered into as of the ___ day of ________________, 20__, by and between COUSINS PROPERTIES INCORPORATED, a Georgia corporation (the “Company”), and [________________________] (“Executive”).

UPS PROTECTIVE COVENANT AGREEMENT
Protective Covenant Agreement • February 21st, 2023 • United Parcel Service Inc • Trucking & courier services (no air)

I, Bala Subramanian, am voluntarily entering into this Protective Covenant Agreement (“Agreement”) with United Parcel Service, Inc. (“UPS” or “the Company”) on the date set forth below (the “Effective Date”).

AMENDMENT TO PROTECTIVE COVENANT AGREEMENT
Protective Covenant Agreement • April 24th, 2012 • Advance America, Cash Advance Centers, Inc. • Personal credit institutions

THIS AMENDMENT TO PROTECTIVE COVENANT AGREEMENT (the “Amendment”) is made and entered into this 20th day of April, 2012, by and between ADVANCE AMERICA, CASH ADVANCE CENTERS, INC., a Delaware corporation (the “Company”) and J. Patrick O’Shaughnessy (“Executive”).

UPS PROTECTIVE COVENANT AGREEMENT
Protective Covenant Agreement • March 13th, 2020 • United Parcel Service Inc • Trucking & courier services (no air)

I, Carol Tomé, am voluntarily entering into this Protective Covenant Agreement (“Agreement”) with United Parcel Service, Inc. (“UPS” or “the Company”) and the UPS Board of Directors (the “Board”) on the date set forth below (the “Effective Date”).

EMPLOYEE OPTIONHOLDER LOCK-UP, UNVESTED STOCK AND PROTECTIVE COVENANT AGREEMENT
Protective Covenant Agreement • September 13th, 2022 • Fintech Ecosystem Development Corp. • Blank checks • Delaware

The undersigned signatory (the “Employee Optionholder”) of this lock-up, unvested stock and protective covenant agreement (this “Letter Agreement”) understands that Fintech Ecosystem Development Corp., a Delaware corporation (“FEDC”), is entering into the Business Combination Agreement (as the same may be amended from time to time, the “BCA”), dated as of the date hereof, with Monisha Sahni, Rachna Suneja and Ritscapital LLC, a limited liability company organized in the United Arab Emirates, pursuant to which, among other things, FEDC will purchase Mobitech International LLC, a limited liability company organized in the United Arab Emirates (the “Company”), with the Company continuing as a wholly-owned subsidiary of FEDC, upon the terms and subject to the conditions set forth in the BCA and in accordance with applicable law (the “Effective Time”).

AMENDMENT NUMBER TWO TO CHANGE IN CONTROL SEVERANCE AGREEMENT
Protective Covenant Agreement • January 7th, 2011 • Cousins Properties Inc • Real estate investment trusts • Georgia

THIS AMENDMENT to the Change in Control Severance Agreement (“Amendment”) is made and entered into as of the ___day of , 2010, by and between COUSINS PROPERTIES INCORPORATED, a Georgia corporation (“Company”) and (“Executive”).

EXECUTIVE SEVERANCE PROTECTION AGREEMENT
Protective Covenant Agreement • October 28th, 2016 • SWIFT TRANSPORTATION Co • Trucking (no local)

THIS AGREEMENT, dated October 25, 2016, is made by and between SWIFT TRANSPORTATION COMPANY, a Delaware corporation (the “Company”), and [Insert Name] (the “Executive”) (each, a “Party” and, collectively, the “Parties”).

Re: Modification to Change of Control Agreement
Protective Covenant Agreement • February 16th, 2012 • Advance America, Cash Advance Centers, Inc. • Personal credit institutions • Delaware

This Modification to Change of Control Agreement (“Agreement”) amends your Change of Control Agreement with the Company, dated and effective as of May 23, 2011 (the “Change of Control Agreement”), pursuant to Section 15(a) of the Change of Control Agreement, to become effective upon the consummation of the Merger. Capitalized terms used in this Agreement and not otherwise defined shall have the respective meanings assigned to them in the Change of Control Agreement. Absent this Agreement, the consummation of the transactions contemplated by the Merger Agreement would provide you Good Reason to terminate employment. In order to provide you with appropriate incentives to remain with the combined company following the Merger, to provide the Company with certain covenants regarding your conduct during and following your employment and to otherwise meet the Company’s needs, the Parties have determined to enter into this Agreement.

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