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AMENDMENT TO EXECUTIVE SEVERANCE NON-COMPETE AGREEMENT

NonCompetition Agreement

AMENDMENT TO EXECUTIVE SEVERANCE
NON-COMPETE AGREEMENT
 | Document Parties: SEARS ROEBUCK &| CO | LYLE HEIDEMAN AND SEARS, ROEBUCK AND CO. You are currently viewing:
This NonCompetition Agreement involves

SEARS ROEBUCK &| CO | LYLE HEIDEMAN AND SEARS, ROEBUCK AND CO.

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Title: AMENDMENT TO EXECUTIVE SEVERANCE NON-COMPETE AGREEMENT
Date: 3/10/2004
Industry: Retail (Department and Discount)     Sector: Services

AMENDMENT TO EXECUTIVE SEVERANCE
NON-COMPETE AGREEMENT
, Parties: sears roebuck &, co , lyle heideman and sears  roebuck and co.
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Exhibit 10.30

AMENDMENT TO EXECUTIVE SEVERANCE
NON-COMPETE AGREEMENT
BETWEEN
LYLE HEIDEMAN AND SEARS, ROEBUCK AND CO.
NOVEMBER 13, 2001

          The undersigned parties hereby amend the EXECUTIVE SEVERANCE/NON-COMPETE AGREEMENT dated November 13, 2001 (the “Agreement”) in the following particulars:

 

1.)

 

By adding the following sentence to the beginning of Section 1(a):

 

 

 

 

Executive agrees to discontinue his present job duties effective 11:59 PM CST on December 31, 2003. During the period of January 1, 2003 through March 31, 2004 Executive will be considered as actively employed and continue to be paid his base salary, earn target annual bonus, and be eligible for the 2004 annual stock option grant, less legal deductions as an active employee. In accordance with the terms of an involuntary termination for a reason other than Cause, death, total and permanent disability,


 
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