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Extract to table / non-competition-agreement-third-draft.docx

non-competition-agreement-third-draft.docx · 1010-00004

Parties

Harkness LLP

Arbor Health Technologies Inc

Equity Inc

Rowe LLP

Severin Partners LLC

Halcyon Partners LLC

Officer Arbor Health Technologies Inc

Dates

September 16, 2022

November 1, 2022

Amounts

$127.4

$575,000

$50,000,000

$287,500

$50

Obligations

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, the Employee's employment with the Company, the compensation and benefits to be provided to the Employee pursuant to the Employment Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the Parties, the Parties agree as follows: SECTION 1: DEFINITIONS As used in this Agreement, the following terms shall have the meanings set forth below

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Employment Agreement

1 "Board" shall mean the Board of Directors of the Company, as constituted from time to time

8 "Garden Leave Period" shall mean the Non-Compete Restricted Period as defined in Section 2

11 "MNAA" shall mean the Massachusetts Noncompetition Agreement Act, M

12 "Restricted Period" shall mean, as applicable, (a) the Non-Compete Restricted Period as defined in Section 2