Complex sentence: He agreed to serve as an independent contractor for Korn/Ferry and not to compete with Korn/Ferry for one year and would in return receive two lump-sum payments in addition to twelve monthly payments of $25,000.
Split into simpler sentences: He agreed to serve as an independent contractor for Korn/Ferry and not to compete with Korn/Ferry for one year. In return he would receive two lump-sum payments in addition to twelve monthly payments of $25,000.