SEC Contract Filing

Filing Date: 2023-05-03

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>a03312023ex103.htm
<DESCRIPTION>EX-10.3
<TEXT>
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<title>Document</title></head><body><div id="i6b5a5634721a45e19404f2bf924b61ee_1"></div><div style="min-height:79.92pt;width:100%"><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Exhibit 10.3</font></div></div><div style="margin-top:3.75pt;padding-left:68.12pt;padding-right:68.12pt;text-align:center"><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">CVS Pharmacy, </font><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Inc.</font></div><div style="margin-top:1pt;padding-left:144.6pt;padding-right:144.6pt;text-align:center"><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Restrictive Covenant Agreement</font></div><div><font><br></font></div><div><font><br></font></div><div><font><br></font></div><div style="margin-top:6.5pt;padding-left:21.15pt;padding-right:8.55pt;text-indent:0.25pt"><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">I, </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%;text-decoration:underline"> PREM SHAH </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%"> enter into this </font><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">Restrictive </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">Covenant </font><font style="color:#4d4d4d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">Agreement </font><font style="color:#5d5d5d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">(&#34;'Agreement&#34;) </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">with CVS Pharmacy, </font><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">Inc., </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">on its own behalf and on behalf of </font><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">its </font><font style="color:#4d4d4d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">subsidiaries and </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">affiliates (&#34;CVS&#34;), </font><font style="color:#4d4d4d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">which </font><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">is </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">effective as of the date I sign the </font><font style="color:#4d4d4d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">Agreement (&#34;Effective </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:124%">Date&#34;).</font></div><div style="margin-top:0.45pt"><font><br></font></div><div style="padding-left:20.85pt;padding-right:7.05pt;text-indent:0.15pt"><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:123%">1.</font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:123%;padding-left:7.5pt">Consideration for </font><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:123%">Agreement. </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">In </font><font style="color:#4d4d4d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">connection with </font><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">my </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">duties and </font><font style="color:#4d4d4d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">responsibilities </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">at CVS Health Corporation or one of </font><font style="color:#2a2a2a;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">its </font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">subsidiaries or affiliates, including Aetna Inc. </font><font style="color:#5d5d5d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">(</font><font style="color:#3d3d3d;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:123%">co