Restrictions and Covenants. If the Participant is a resident of Washington: 1 The post-termination noncompetition restrictions in paragraph 6(a)(1) and the post-termination customer nonsolicitation restrictions in paragraph 6(a)(3) shall not apply unless the Participant’s earnings from the Employer exceed the statutory threshold for Box 1 W-2 annual compensation, which is US$123,394.17 for 2025 and is adjusted annually for inflation (“Earnings Threshold”).
Appears in 1 contract
Sources: Global Long Term Incentive Grant Agreement (Mondelez International, Inc.)
Restrictions and Covenants. If the Participant Employee is a resident of Washington: 1 The post-termination noncompetition restrictions in paragraph 6(a)(19(a)(1) and the post-termination customer nonsolicitation restrictions in paragraph 6(a)(39(a)(3) shall not apply unless the ParticipantEmployee’s earnings from the Employer exceed the statutory threshold for Box 1 W-2 annual compensation, which is US$123,394.17 for 2025 and is adjusted annually for inflation (“Earnings Threshold”).
Appears in 1 contract
Sources: Global Deferred Stock Unit Agreement (Mondelez International, Inc.)
Restrictions and Covenants. If the Participant Optionee is a resident of Washington: 1 The post-termination noncompetition restrictions in paragraph 6(a)(1) and the post-termination customer nonsolicitation restrictions in paragraph 6(a)(3) shall not apply unless the ParticipantOptionee’s earnings from the Employer exceed the statutory threshold for Box 1 W-2 annual compensation, which is US$123,394.17 for 2025 and is adjusted annually for inflation (“Earnings Threshold”).
Appears in 1 contract
Sources: Non Qualified Global Stock Option Agreement (Mondelez International, Inc.)