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HomeMy WebLinkAbout98-04432 ~ ~'l -I ~, 'i \, 11i , !Z , I ~1 \oil 'h" I ...,1 I 'It' lJ ~ ~ ~ ot '- ~ ~ o cJ ([ i , . ,/ / // ,~ ; ; i , I I I ~i T '~ .Q) r-l] ;;? ~ ~l ~ .~. d ~ cncompassing thc Commonwcallh of Pcnnsylvania, thc Stalc of Maryland, and lhe State of New Jcrscy. 6. At all times rclcvant herclo is bclicvcd and thcrcforc averred that Dcfcndant BGS&G was and is also cngagcd in the business of selling and marketing general commcrcial and personal insurance within the samc gcographic arca as paragraph 5. 7. On or about August I, 1994, Dcfendant Ford entered into an Employmcnt Agrcement whercby he agreed to bc employed for the purposc of obtaining clicnts and sclling insurancc for and on behalf of Acordia of Ccnlral Pennsylvania, Inc., the predecessor of Acordia Northcast, Inc., Plaintiff herein. A tme and correct copy of the Agreement which was executed by Defcndant Ford in Cumberland County, Pennsylvania is attached hereto and incorporated herein by reference and marked as Exhibit "A". 8. Plaintiff avers that one item of consideration in the Employment Agreement between Defendant Ford and Plaintiff was a restrictive covenant under the tenns of which Defendant Ford agreed not to compete with Plaintifffor three (3) years after his termination from employment with Plaintiff The restrictive covenant set forth in the agreement between the parties is set forth in its entirety in Section 5.7, Non-Solicitation, in the Employment Agreement attached as Exhibit "A" as follows: (a) Employee will not take any action or make any public statement in degradation of the good name or business interests of the Corporation. Employee will not solicit or encourage any other employee of the Corporation to do any act that is disloyal to the Corporation or inconsistent with the interests of the Corporation or in violation of any provisions of this Agreement; (b) Employee will not discuss with any Existing Client or Potential ofthe Corporation the present or future availability of services or products by a business, if Employee has or expects to acquire a proprietary interest in such business or is or expects to be an employee, officer or director of such business, where such services or products are competitive with services or products with the Corporation provides and where the acquisition of such proprietary interest or Employee's becoming an employee, officer or director of such business will or may materially injure an interest - ... or the Corporation. (c) Employec will not makc any statcmcnt or do any act intcnded to causc any Existing Client or Potcntial Clicnt of the Corporation to makc use of thc scrviccs or purchase the products of any compctitivc busincss in which thc Employcc has or cxpeets to acquirc a proprietary intcrcst or in which thc Employee is or expects to be made an cmployee, ofliccr or director, i fsuch scrviccs or products in any way relatc to or arise out of services or products or thc Corporation sold or providcd or attcmptcd to bc sold or provided by thc Employec to any Existing Client or Potcntial Client; (d) Employcc will not directly or indirectly (as a dircctor, offieer, partner, sole proprietor, employec, manager, consultant, independent contractor, advisor or otherwise) engage in, own any interest in, perform any services for, participate in or be conncctcd with (I) any business or organization that directly cngages in competition with the Corporation in any geographical area where any business is presently carried on by the Corporation, or (ii) any business or organization that directly engages in competition with the Corporation in any geographical area where any business shall be hereafter, during the period of Employee's employment by the Corporation, carried on by the Corporation, if such business is then being carried on by the Corporation in such geographical area; provided, however, that the provisions of this subparagraph (d) shall only be effective during Employee's employment by the Corporation and shall not be deemed to prohibit Employee's ownership of not more than [1%] of the total shares of all classes of stock outstanding of any publicly held company. (e) If, during the said two (2) year period, any commission or any insurance business becomes payable to the Employee or to any person, firm or corporation by whom the Employee is then employed or affiliated, as a result of Employee's violation of the provisions of subparagraph (b) or (c) of this Section 5.7, the Employee agrees to pay promptly to the Corporation an amount equal to 150% of such commission. (I) If, following termination or expiration of the period of employment including any renewal ternl, the Employee accepts other employment or enters into a business relationship with any person, partnership, corporation or the entity doing business of the kind then being performed by the Corporation, the Employee shall obtain from said second Employer and shall provide to the Company a written acknowledgment by the successor Employer of its notification ofthe terms of Article V of this Agreement. (g) Employee agrees that he will not entice or induce, directly or indirectly any other Employee of the Corporation to leave the employ of the Corporation. 9. Defendant Ford was employed in said capacity with the Plaintiff August I, 1994 through and including September 3, 1997 at which time said employment was terminated. 10. Plaintiff avers that on some date, the exact date being unknown to Plaintiff, J , Dcfcndant Ford bccamc employed with Dcfcndant BGS&G and continues to bc so employed. II. Plaintiff avcrs thal it did on two (2) scparate occasions subscqucnt to Dcfendant Ford's dcparturc from employment providc Dcfendanl Ford noticc of its cxpcctation and dcmand that Defendant Ford comply with the tcnns of its Employmcnt Agrccmcnt. A true and corrccl copy of the corrcspondcncc is attach cd hereto incorporatcd hereby reference as sct forth in Exhibit "B" and "C". 12. Plaintiff avers that true and correct copies of both such lettcrs, the first datcd Scptember 26, 1997 and the second dated Novembcr 3, 1997 were also sent to Defendant Ford's new employer, Defendant BGS&G. 13. Plaintiffavers that as of September 3, 1997, Defendant Ford was no longer employed with Plaintiff. 14. Plaintiff avers that since Defendant Ford left the cmployment of Plaintiff, Plaintiff has determined that on several occasions Defendant Ford has directly and/or indirectly solicited and obtained the insurance business of existing clients of Plaintiff and, has in fact "pirated" numerous accounts from Plaintiff in violation of the terms of the Employment Agreement in general and specifically the non-solicitation provisions set forth above. 15. Plaintiff believes and therefore avers that during the time when Defendant Ford was stilI employed by Plaintiff that Defendant Ford began negotiating on an ongoing basis to obtain a new position in employment with Defendant BGS&G. 16. Defendant Ford's employment with Defendant BGS&G is in direct violation of the restrictive covenant because Defendant BGS&G competes with Plaintiff Acordia in the same business in the same geographic areas. 17. Plaintiff avers that Defendant Ford has and will contact other of Plaintiffs clients and . , thcrcby continue to violatc thc restrictive covcnants of the Employmcnt Agrccmcnt. 18. During thc coursc of Dcfcndant rord's cmploymcnt with Plaintiff, Dcfendant Ford becamc intimately acquaintcd with Plaintiffs inner workings, bccamc familiar with thc pricing and commission structures, was given unlimited access to Plaintiffs client lists and further has spccializcd knowlcdgc and experience in the way in which Plaintiff opcratcs its business and pricing structures. 19. Plaintiff bclicvcs and thcrcforc avers that since tcrmination of Defendant Ford's employment with Plaintiff that Defendant Ford has directly and indirectly solicited more than one of Plaintiffs clients in direct violation of the restrictive covenant of the Employment Agreement, to-wit, Defendant Ford was known to have contacted and obtained the business of the following accounts: Client Premium Amount (a) Fair Oaks of Pittsburgh $16,243.00 (b) Pickering Valley Golf $17,753.00 (c) Bermedlen, Inc. $151,574.00 (d) Culhanes Steakhouse $10,037.00 (e) Latshaw Menditto, Inc. $20,806.00 COUNT I ACORDlA NORTHEAST. INC. VS. JOHN J. FORD. III 20. The avennents of paragraphs I through 19 are incorporated herein by reference as set forth at length. 21. Defendant Ford is employed by Defendant BGS&G and has been for some time since his cmploymcntwith Plaintiff was tcrminalcd and Dcfcndant Ford is soliciting business and/or rcferrals from clicnls of Plaintiff in direct violation oflhc rcslrictivc covenant of Defendant Ford's Employmcnt Agrccment with Plaintiff. 22. Dcfcndant Ford's violation of the rcstrictivc covcnant is continuing and is causing irreparable haml to thc business of Plainti 1'1' for which a rcmcdy at law for damages is not adequatc. 23. The restrictive covenant in the said Agreement expressly entitles Plaintiffrelicf at law and in equity. 24. Greater injury will result from the denial of an injunction than from the granting of the injunction. 25. Plaintiffhas no adequate remedy at law and unless it obtains injunctive relief it will continue to suffer irreparable haml to its business. 26. Plaintiff avers that pursuant to the terms of the Employment Agreement, in addition to injunctive relief, it is entitled to receive damages from Defendant Ford in an amount equal to 150% of any commission earned in violation of the Agreement. 27. Plaintiff avers that the total commission lost to date as a result of just the aforementioned accounts which have been "pirated" total $27,478.98. WHEREFORE, Plaintiff Acordia Northeast, Inc. requests this Honorable Court enter a Decree (A) Permanently enjoining Defendant John J. Ford, III from in anyway breaching or violating the restrictive covenant of set forth in the Employment Agreement within the Tri-State area of Pennsylvania, Maryland, and New Jersey in which competition with Plaintiff Acordia Northeast, Inc. for a period of three (3) years from the date of the Decree; (B) Direct Defendant Ford and to provide an accounting of all client accounts Defendant constructive noticc of the restrictivc covcnanls of the Employment Agrecmcnl hctwccn Dcfendant Ford and Plainti fl'. 35. Plaintiffavers that dcspitc knowing of the same, that Dcfcndant Scrccn pcrmilled and faeililated Defcndant Ford's violation of the reslrictive covenant and, in fact, cven allowcd Defcndant Ford to solicit c1icnts and secure accounts in Defendant Scrccn's name so as to avoid any appcarancc of any violation of the Employment Agreement. 36. By permitting Defendant Ford to solicit Plaintirrs clients and placing his namc on the accounts, Defendant Screen tortiously interfered and continues to tortiously interfcrc with Plaintiffs contractual relations with its clients. 37. As a direct and proximate result of Defendant Screen's tortious interferencc with the restrictive covenant, Defendant Screen has becn unfairly and unjustly enriched to the extent that Defendant Screen has received the benefit of all revenues heretofore and hcreafter derived by Defendants in connection with Defendant Ford's wrongful employment and breach of the restrictive covenant of the Employment Agreement. WHEREFORE, Plaintiff Acordia Northeast, Inc. requests this Honorable Court enter a Decree (A) Prohibiting Defendant Screen from in anyway employing or continuing to employ Defendant Ford his business in any manner or capacity for a period of three (3) years from the date of the Decree in the Tri-State area of Pennsylvania, Maryland, New Jersey in which Acordia Northeast conducts business; (B) Pemlanently enjoining Defendant Scrcen from anyway interfering with the restrictive covenant or in anyway encouraging or facilitating Defendant Ford's breach during the effective term thereof as Ordered by this Court; , . $30,000 (or such other amount as may be agreed to in writing from time to time by Employee and the Company), payable in installments in accordance with the Company's salary administration practices as they may from time to time exist and subject to withholdings and payroll deductions. For purposes of this Agreement, the term "Affiliate" shall mean any company that directly or indirectly, through one or more intermediaries, controls or is controlled by or is under common control with the Company. Advances or loans on any type ofrenumeration are not permitted. 2.2 Benefits. In addition to his renumeration as provided for in Section 2.1 hereof, Employee shall be entitled to participate in all employee benefit plans and programs provided by Corporation under which he is eligible, in accordance with the terms of such plans and programs. Corporation expressly reserves unto itself the right to alter, modify, amend or terminate any such benefit plans and programs at any time and for any reason at its sole discretion. 2.3 Business Expenses. Corporation shall, in accordance with, and to the extent of its policies for all employees in effect from time to time, reimburse Employee for all reasonable, ordinary, and necessary business expenses incurred by Employee in performing his duties as an employee of the Corporation, provided that Employee accounts promptly for such expenses to the Corporation in the manner prescribed from time to time by the Corporation. 2.4 Vacation BenefiL~. Employee shall be entitled to vacation for each calendar year during the term of this Agreement. The amount of vacation shall be determined by the personnel policies applicable to all employees of the Corporation. , ARTICLE 3 EMPLOYMENT AND DUTIES 3.1 Dllties and Responsihilities. Employee agrees to devote his full time and effort to the performance of the following duties: (a) All duties of a sales and marketing representative for the Corporation, faithfully, competently, and diligently performing duties as the needs of the Corporation may require under the control and supervision of the Chief Executive Officer of the Corporation or his designee; (b) All duties which customarily are performed by persons holding comparable posi- tions with companies which are comparable in business and size to Corporation, which business is the daily administration, solicitation and sale of insurance or related products; and (c) Such other tasks on behalf of the Corporation as may reasonably be requested by the Chief Executive Officer or his designee. 2 .. . - ARTICLE 4 TERMINATION 4.1 For Cause. In addition to any rights of termination specified elsewhere in this Agreement, the Corporation may immediately upon written notice terminate Employee for cause. "Cause" shall include failure to achieve reasonable performance expectations; failure to perform in accordance with the specific directives or policies of the Chief Executive Officer of the Corporation or his designee; violation of Corporation policies; dishonesty; neglect of duties; grave misconduct; theft; fraud; conviction of a felony; willful misconduct which seriously impairs or is reasonably expected to seriously impair the Corporation's ability to conduct its ordinary business in the usual manner; the revocation of the Employee's insurance agent or broken license by his state of residence and such revocation becomes final; or breach of any provision of this Agreement. The Corporation shall have no further liability to Employee under this Agreement for any period subsequent to the termination for cause. 4.2 Wi!hoUl Cause. Either party may terminate this Agreement at any time without cause, upon th I rty (30 ) days prior written notice to the other party. If the Corpora- tion terminates this Agreement without cause, in addition to any amount due to Employee under the Corporation's policies applicable to all of its employees, the Corporation shall pay the Employee a lump sum equal to the lesser I)f (i) the remaining installments that would have been due and payable to Employee for the period from the date of termination through the remaining term of employment or (ii) three months base salary. 4.3 Death or Disabilitv. This Agreement shall terminate immediately upon the Employee's death or disability, as that'term is defined in the long term disability program of the Corporation. ARTICLE 5 NON-SOLICITATION AND NON-DISCLOSURE 5.1 Emplovment Relationship. The Employee acknowledges that Employee's employment by the Corporation creates a relationship of confidence and trust between the Employee and the Corporation with respect to cenain information applicable to the business of the Corporation and its Affiliates or applicable to the business of any client or customer or potential client (as defined in Section 5.7) of the Corporation or its Affiliates which may be made known to the Employee during the period of his or her employment (including, without limitation, customer lists, and information regarding customer needs and renewal dates, pricing and underwriting). 5.2 ProprietarY Information. Employee acknowledges that the Corporation possesses and will continue to possess information that has been created, discovered or developed by, or otherwise become known to it (including, without limitation, information created, discovered, developed or made known by the Employee during the period of or arising out of his or her employment) or in which property rights have been or may be assigned or 3 . '. . otherwise conveyed 10 the Corporation which information has commercial value in the business in which the Corporation is engaged and is treated by the Corporation as confidential. 5.3 Non-Disclosure. The Employee shall not without the prior written consent of [the Chief Executive Officer) of the Corporation (i) use for Employee's benefit or disclose at any time during Employee's employmenl by the Corporation, or thereafter, except to the extent required by the performance by Employee of his or her duties as an employee of the Corporation, any information obtained or developed by Employee while in the employ of the Corporation with respect to any customers, suppliers, products, employees, financial affairs, business methods or service of the Corporation or any of its Affiliates (including, without limitation, customer or client lists, trade secrets, pricing, marketing, financial or sales information, forecasts, business and strategic plans), or any confidential matter, except information which at the time is generally known to the public other than as a result of disclosure by Employee not permitted hereunder, or (ii) take with Employee upon leaving the employ of the Corporation any document or paper relating to any of the foregoing or any physical property of the Corporation or any of its sources with which insurance is placed, policyholders. expiration or renewal dates, inspection or credit reports, and data on insurance risks being written. 5.4 Return of Property. Upon terminalion of the Employee's employment for any reason, or at any other time the Corporation requests in writing, the Employee shall immediately deliver to the Corporation all memoranda, notes, plans, records, reports and other documents (and copies thereof) and other property in Employee's possession or control relating to the business of the Corporation or any of its Affiliates. 5.5 Bindin~ Nature. The Employee hereby expressly agrees that the foregoing provisions of this Agreement shall be binding upon the Employee's heirs, successors and legal representatives. 5.6 Confidential Information. Employee shall hold in confidence the terms of this Agreement. 5.7 Non-Solicitation. During Employee's employment by the Corporation and during the three (3) year period commencing on the date of Employee's termination of employment (for any reason): (a) Employee will not take any action or make any public statement in degradation of the good name or business interests of the Corporation. Employee will not solicit or encourage any other employee of the Corporation to do any act that is disloyal to the Corporation or inconsistent with the interests of the Corporation or in violation of any provisions of this Agreement; , (b) Employee will not discuss with any Existing Client or Potential Client of the Corporation the present or future availability of services or products by a business, if Employee has or expects to acquire a proprietary interest in such business or is or expects to be an employee, officer or director of such business, where such services 4 '". '. or products are competitive with services or products which the Corporation provides and where the acquisition of such proprietary interest or Employee's becoming an employee, officer or director of such business will or may materially injure an interest of the Corporation. (c) Employee will not make any statement or do any act intended to cause any Existing Client or Potential Client of the Corporation to make use of the services or purchase the products of any competitive business in which the Employee has or expects to acquire a proprietary interest or in which the Employee is or expects to be made an employee, officer or director, if such services or products in any way relate to or arise out of services or products of the Corporation sold or provided or attempted to be sold or provided by the Employee to any Existing Client or Potential Client; (d) Employee will not directly or indirectly (as a director, officer, partner, sole proprietor, employee, manager, consultant, independent contractor, advisor or otherwise) engage in, own any interest in, perform any services for, participate in or be connected with (i) any business or organization that directly engages in competi- tion with the Corporation in any geographical area where any business is presently carried on by the Corporation, or (ii) any business or organization that directly engages in competition with the Corporation in any geographical area where any business shall be hereafter, during the period of Employee's employment by the Corporation, carried on by the Corporation, if such business is then being carried on by the Corporation in such geographical area; provided, however, that the provi- sions of this subparagraph (d) shall only be effective during Employee's employment by the Corporation and shall not be deemed to prohibit Employee's ownership of not more than [I %] of the total shares of all classes of stock outstanding of any publicly held company. (e) [OPTIONAL PARAGRAPH] If, during the said two (2) year period, any commission or any insurance business becomes payable to the Employee or to any' person, fIrm, or corporation by whom the Employee is then employed or affIliated, as a result of Employee's violation of the provisions of subparagraph (b) or (c) of this Section 5.7, the Employee agrees to pay promptly to the Corporation an amount equal to 150% of such commission. (f) If, following termination or expiration of the period of employment including any renewal term, the Employee accepts other employment or enters into a business relationship with any person, partnership, corporation or the entity doing business of the kind then being performed by the Corporation, the Employee shall obtain from said second Employer and shall provide to the Company a written acknowledgment by the successor Employer of its notification of the terms of Article V of this Agreement. (g) Employee agrees that he will not entice or induce, directly or indirectly any other Employee of the Corporation to leave the employ of the Corporation. 5 '. For purposes of this Agreement, the tenn "Potential Client" shall mean a person or entity who was the target of sales or marketing activity by the Employee during the [one]-year period preceding Employee's tennination of employment or, in the event Employee has been employed by the Corporation less than [two] years at the time of tennination, during the period of Employee's employment with the Corporation. The tenn "Existing Client" shall mean a person or entity who is a customer of the Corporation at the time of Employee's tennination of employment and who was solicited by Employee or whose accounts were handled by Employee during the period of Employee's employment with the Corporation. Employee agrees that when Employee has or expects to acquire a proprietary interest in, or is or expects to be made an employee, officer or director of any existing or future business that provides or may provide services or products in competition with the Corporation, Employee will, upon request by the Corporation, immediately furnish to the Chief Executive Officer of the Corporation all material infonnation that may reasonably be of assistance to the Corporation in acting promptly to protect its relationships with any Existing Client or Potential Client with whom Employee has had any dealings as a result of Employee's employment by the corporation. Employee further agrees that the limitations set forth in this Article 5 shall survive the expiration or tennination of this Agreement. For purposes of this Article 5, proprietary interest in a business is ownership, whether through direct or indirect stock holdings or otherwise, of one percent (1 '70) or more of such business. Employee shall be deemed to expect to acquire a proprietary interest in a business or to be made an officer or director of such business if such possibility has been discussed with any officer, director, employee, agent or promoter of such business. Notwithstanding anything in this Article 5 to the contrary, Employee's engagement in, ownership of, perfonnance of or services for, participation in or connection with any business or organization other than the Corporation, with respect to which the Chief Executive Officer of the Corporation has consented in writing, shall not be deemed a breach of this Agreement. ARTICLE 6 MTSCELLANEOUS PROVTSTONS 6.1 Amendments. Any amendment of this Agreement shall be effective only if in writing and signed by both Employee and Corporation. 6.2 Governina Law. This Agreement, the rights and obligations of the parties hereto, and any claims or disputes thereto, will be governed by and considered in accordance with the laws of the State of Pennsvl vani a 6.3 Headin~s. The paragraph headings contained in this Agreement are inserted for convenience or reference only. will not be deemed to be part of this Agreement for any purpose, and will not in any way define or affect the meaning, construction or scope of any of the provisions hereof. 6.4 Notices. All notices, requests, or other communications which may be or are required to be given or sent by either party to the other pursuant to this Agreement will be in 6 writing and will be mailed by first-class, registered or certified mail, return receipt requested, postage prepaid, or transmitted by hand delivery, telegram or telex, addressed as follows: If to Corporation: 4750 De1brook Road, POBox 1220 Mechanicsburg PA 17055 If to Employee: 19 Ma~l Road, Etters PA 17319 Either party may designate, by notice in writing, a new address for notice from time to time. 6.5 Severahilitv. If any part of any provision of this Agreement shall be adjudged invalid or unenforceable under applicable law, such pan may be reformed by a court of competent jurisdiction sitting in equity to the extent of such original invalidity or unenforce- ability only, without affecting the remaining pans of such provision or remaining provisions of the Agreement unnecessarily. 6.6 Survival. It is the express intention and agreement of the parties that the covenants. agreements and statements made in Article 5 will survive the termination of this Agreement for any reasons. ' 6.7 Waiver. Neither the waiver by either pany hereto of a breach or of a default under any of the provisions of this Agreement, nor the failure of either party on one or more occasions, to enforce any of the provisions of this Agreement or to exercise any right of privilege hereunder will thereafter be construed as a waiver of any subsequent breach or default of a similar nature, or as a waiver of any such provision, rights or privileges hereunder. 6.8 Nonalienation. Except as may otherwise be required by law, no right to receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, change, pledge, bankruptcy or hypothecation or to exclusion, attachment, levy or similar process or assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect. 6.9 AssiQnment. The Corporation. in its sole discretion, may assign this Agreement to any subsidiary or other Affiliate. This Agreement shall not be assignable by or on behalf of the Employee. This Agreement shall be binding upon and inure to the benefit of the Corporation and its successors and assigns and any purchaser of the Corporation or of substantially all of the assets of the Corporation. 6.10 Entire Avreement: Modification. This Agreement, together with the Confidentiality Agreement referred to above, constitutes the entire agreement of the parties with respect to the subject matter hereof. This Agreement may be modified or amended only by an instrument in writing signed by both parties hereto.t 7 . ,. NEW BUSINESS BONUS In addition to the formula which establishes the base compansation, a new business bonus will be paid on "net new" production in the quarter which the new business is billed. If billed on an installment basis, bonus will be paid for first 12 months or four quarters the business is on the books. ' The amount of bonus so calculated will be determined quarterly based on producer production runs generated reflecting results according to producer management and compensation program. A cash bonus payment at that time will be made within thirty (30) days of receipt of approved Bonus Calculation Form (See Attached Addendum) to the Account Executive. This cash payment will be made in accordance with the follO\dng payment plan: January 1 to March 31 April 1 to June 30 July 1 to September 30 October 1 to December 31 - 80% of Earned Bonus - 80% of Earned Bonus - 80% of Earned Bonus - 100% of Earned Bonus for year. (Any negative figure will be carried over to next year and applied against future bonuses earned until offset) Bonuses are not a vested interest of the producer. To be e1 igib1e for payment, the producer must be an employee of the company on the day the actual bonus payment is to be made. Unpaid bonuses will be forfeited in the event of resignation or termination of employment for any reason. New Business is defined as New Clients or New Coverages, not previously written, on existing clients. Additions to existing coverages or additional policies, (i.e. new divisions or subsidiaries) are not New Bus i ness. Only the fi rst year Bonds on a Surety Account qua 1 i fy as New Business. New Property and Casualty Business - 15% (First 12 months commission) New Business Bonus will be reduced if any commission reduction is taken unless approved by Division Manager. New Life or Disability - 75% (First 12 months commission) - 50% (First 12 months commission) New Personal Lines 1. Unauthori zed Commi ss ion Reducti ons On new or renewa 1 business, if a producer accepts a commission reduction without written agreement of the Branch Manager, the amount of reducti on will be deducted from their next salary period. 2. "El ite Producer" Bonus - To recognize the accompl ishments of our most successful Producers, those with total commission income in excess of $400,000 during the 12 month calculation period, Base Salary will be increased by 10% of the Adjusted Base. , J\ , GINGRICH. SMITH, KLINGENSMITH & DOLAN ATTORNEYS AT LAW 222 SOUTH MARMeT STRtET, SUITE 201 P Q. DOlt 207 ELIZABETHTOWN, PA 17022.02e7 (717) 387.1370 F"AX 17171 3157.3219 .JOHN M. SMITH THOMAS G, KLINGENSMITH KEVIN O. COLAN HERBI:RT R HENDERSON, D ..JE,.,.AEY S. SH"NK 4e CAST ORANoe STRE:tT LANCASTER, PA 17602 17171 393.3150'" f'AX 17171 393.0e~3 or COUNal:L HENRY F. GINGRICH September 26, 1997 Mr. John J. Ford, III 98 Byron Nelson Circle Etters, PA 17319 Re: Employment Agreement/Non-Solicitation and Non-Disclosure Dear Mr. Ford: Please be advised that I represent Acordia of Central Pennsylvania. It is my understanding you voluntarily terminated your Employment Agreement with Acordia which you signed on August 1, 1994. Pursuant to Article S, Non-Solicitation and Non-Disclosure you are prohibited from disclosing any proprietary information regarding Acordia as defined in that Article. You are specifically prohibited by Article S.7 for a period of three years commencing on the date of your termination of employment from: _ Taking any action or making any public statement in degradation of the good name or business interest of Acordia; soliciting or encouraging any other employee of Acordia to do any act that is disloyal to Acordia or inconsistent with the interests of Acordia or in violation of the provisions of your Employment Agreement; _ Discussing with any existing client or potential client of Acordia that the present or future availability of services or products by a business if you have or expect to acquire a proprietary interest in such business is or expects to be an employee, officer or director of any such business, where such services or products are competitive with services or products which Acordia provides and where the acquisition of the proprietary interest or your employment will or may materially injure the interest of Acordia; . - You will not make any statement or act or commit any act intended to cause an existing client or potential client of Acordia to make or use the services or purchase products of any competitive business in which you have or expect to acquire a proprietary interest in which you are or expect to become or to be made an employee, officer or director if such services or products in any way relate to or arise out of services or products Acordia sold or provided or attempted to be sold or provided by you to an existing client or potential client; - The Agreement also provides that following your termination of employment that if you accept employment or enter into a business relationship with any person, partnership, corporation or entity EXHIBIT ! 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"'\ ': \!,\io,J VJ 'i-- ct:. cu~\<.::,,' " ...',',~'.; ;.,( . , .' p: ~1 --.:.. - "'- <xl 1 .~ 'i-i r ~ . 4, Plaintiff/Pctitioncr has brought its Complaint and sccks this Preliminary Injunctive Rclicl' to cnjoin thc continuing hrcachcs and violations of a rcstrictivc covenant contained in an EmploynlCnt AgrccnlCnt hctwecn Plaintiff and Dcl'cndant Ford and the tortious intcrfcrcnce of Dcfcndant IKiS&G and Dcfcndant Scrccn. 5. As nlOrc Hilly set forth in the Verified Complaint attached hcrcto as Exhibit "I ", thc Illllllers at issue arise out 0(' a rcstrictivc covenant which the Pctitioncr belicves and hereby avers is hcing violatcd by Dcfcndant/Rcspondcnt Ford which violation is being assisted, aided, and pcrpctratcd in and by both Defendant/Respondent BGS&G and Defcndant/Respondent Screen. G. As Illore fully sct forth in the Complaint, the same of which is attached hereto, Dcfcndant/Respondent Ford continues to breach and violatc a rcstrictive covenant contained in his Employmcnt Agrccmcntwith Plaintiff/Petitioner and Defendants/Respondents BGS&G and Screen arc tortiously interfering and continuing to tortiously interfcre with thc restrictive covenant by cmploying and continuing to employ him; by allowing Defcndant/Respondent Ford to obtain and solicit clients in violation ofthe covenant; and placing Defendant!Respondent Screen's name on several accounts to avoid thc appearance of a violation and enjoying the financial benefits derived thcrefrom. 7. Plaintiff/Pctitioner will suffer immediate and irreparablc harm ifinjunctivc relief is not granted. The said injunctive relief being requested is necessary to prevent immediate and irreparable harm which cannot be adequately compensated by damages. 8. It is bclicvedand therefore averred that Defendant/Respondent Ford, having intimate and protectcd infonnation regarding Plaintiff/Petitioner's pricing structure has and/or will continue to solicit and advise current and/or future clients ofPlaintif(,lPetitioner of the samc in an effort to obtain that client for himself and that his actions in doing so will cause PlaintifflPetitioner to suffcr immediate and irreparable hann, damagc its business standing, rcputation and good will. .." " '~' J .. 9. It is believed and thercforc avcrrcd that greater injury will result by refusing to grant the rcqucstcd relief than by granting it. 10. Plaintiff/Petitioner believes and hereby avers that the rcqucstcd relief will properly restore the parties to their status as it existcd immediately prior to the alleged wrongful misconduct of the Defendants/Respondents. II. Plaintiff/Petitioner believes and hereby avers that the activities sought to be restrained are actionable and the requested relief is reasonably suited to abate such activity. 12. PlaintifflPetitioner believes and hereby avers that its right to this relief is clear and the wrong to be remedied is manifest. 13. PlaintifflPetitioner believes and avers that DefendantslRespondents will not suffer any appreciable injury ifthe requested Preliminary Injunction is issued because the status quo between the parties will be restored to where it was to be before the wrongful conduct of the DefendantslRespondents began. DefendantslRespondents will merely be restrained from taking advantage of their wrongful acts and continuing to violate a valid and enforceable and restrictive covenant. 14. It is believed and therefore averred that the PlaintifflPetitioner is likely to succeed on the merits of its claim and that the rights of the PlaintifflPetitioner are enforceable in equity and at law and Plaintiff/Petitioner will be entitled, upon final hearing, to a permanent injunction against the DefendantslRespondents and the other relief requested in Plaintiffs Complaint. WHEREFORE, Plaintiff/Petitioner, Acordia Northeast, Inc., requests this Honorable Court: (a) Immediately, Issue a temporary Preliminary Injunction restraining DefendantslRespondents from continuing to violate the restrictive covenant ofPlaintifflPetitioner and Defendant/Respondent Ford's Employment Agreement; (b) Direct Defendants/Respondents BGS&G to provide an accounting for all clients which . or the Corporation. (c) Employec will not make any statemcnt or do any act intended to calise any Existing Client or Potcntial Client of the Corporation to makc usc of thc services or purclmsc thc products of any competitive business in which the Employcc has or expects to acquire a proprictary intcrcst or in which the Employee is or cxpccts to be madc an employee, oflkcr or dircctor, if such serviccs or products in any way rclatc to or arisc out of scrviccs or products or the Corporation sold or provided or attcmpted to bc sold or providcd by the Employce to any Existing Clicnt or Potcntial Clicnt; (d) Employcc will not dircctly or indirectly (as a director, officcr, partncr, solc proprietor, employee, managcr, consultant, indepcndent contractor, advisor or otherwise) cngagc in, own any intercst in, perform any scrviccs for, participatc in or be connected with (I) any business or organization that directly engages in competition with the Corporation in any geographical area where any business is presently earned on by the Corporation, or (ii) any business or organization that directly engages in competition with the Corporation in any geographical area where any business shall be hereafter, during the period of Employee's employment by the Corporation, carried on by the Corporation, if such busincss is then being carried on by the Corporation in such geographical area; provided, however, that the provisions of this subparagraph (d) shall only be effective during Employee's employment by the Corporation and shall not be deemed to prohibit Employee's ownership of not more than [1 %] of the total shares of all classes of stock outstanding of any publicly held company. (e) If, during the said two (2) year period, any commission or any insurance business becomes payable to the Employee or to any person, firm or corporation by whom the Employee is then employed or affiliated, as a result of Employee's violation of the provisions of subparagraph (b) or (c) of this Section 5.7, the Employee agrees to pay promptly to the Corporation an amount equal to 150% of such commission. (f) If, following termination or expiration of the period of employment including any renewal term, the Employee accepts other employment or enters into a business relationship with any person, partnership, corporation or the entity doing business ofthe kind then being performed by the Corporation, the Employee shall obtain from said second Employer and shall provide to the Company a written acknowledgment by the successor Employer of its notification of the terms of Article V of this Agreement. (g) Employee agrees that he will not entice or induce, directly or indirectly any other Employee of the Corporation to leave the employ ofthe Corporation. 9. Defendant Ford was employed in said capacity with the Plaintiff August I, 1994 through and including September 3, 1997 at which time said employment was terminated. 10. Plcintiff avers that on some date, the exact date being unknown to Plaintiff, . Dcfcndant Ford bccame cmploycd with Dcfcndanl BGS&G and continucs to bc so cmploycd. 11. Plaintiff avcrs that it did on two (2) separate occasions subscquent to Dcfcndant Ford's dcparturc from cmploymcnt providc Defendant Ford notice of its cxpectation and demand that Dcfendant Ford comply with the tcrms of its Employment Agrcemcnt. A truc and corrcct copy of the correspondence is attachcd hcrcto incorporated hereby rcference as set forth in Exhibit "B" and "C". 12. Plaintiff avers that truc and correct copies of both such Icttcrs, the first dated September 26,1997 and the sccond dated November 3,1997 wcrc also sent to Defendant Ford's new employer, Defendant BGS&G. 13. Plaintiff avers that as of September 3, 1997, Defendant Ford was no longer employed with Plaintiff. 14. Plaintiff avers that since Defendant Ford left the employment of Plaintiff, Plaintiff has determined that on several occasions Defendant Ford has directly and/or indirectly solicited and obtained the insurance business of existing clients of Plaintiff and, has in fact "pirated" numerous accounts from Plaintiff in violation of the terms of the Employment Agreement in general and specifically the non-solicitation provisions set forth above. 15. Plaintiff believes and therefore avers that during the time when Defendant Ford was still employed by Plaintiff that Defendant Ford began negotiating on an ongoing basis to obtain a new position in employment with Defendant BGS&G. 16. Defendant Ford's employment with Defendant BGS&G is in direct violation of the restrictive covenant because Defendant BGS&G competes with Plaintiff Acordia in the same business in the same geographic areas. 17. Plaintiff avers that Defendant Ford has and will contact other of Plaintiffs clients and thereby continue to violate the rcstrictive covenants of the Employment Agreement. 18. During the coursc of Defendant Ford's cmployment with Plaintiff, Defendant Ford became intimately acquainted with Plaintiffs inner workings, became familiar with the pricing and commission structures, was given unlimited access to Plaintiffs client lists and further has specialized knowledge and experience in the way in which Plaintiff operates its business and pricing structures. 19. Plaintiff believes and therefore avers that since termination of Defendant Ford's employment with Plaintiff that Defendant Ford has directly and indirectly solicited more than one of Plaintiffs clients in direct violation of the restrictive covenant of the Employment Agreement, to-wit, Defendant Ford was known to have contacted and obtained the business of the following accounts: Client Premium Amount (a) Fair Oaks of Pittsburgh $16,243.00 (b) Pickering Valley Golf $17,753.00 (c) Bermedlen, Inc. $151,574.00 (d) Culhanes Steakhouse $10,037.00 (e) Latshaw Menditto, Inc. $20,806.00 COUNT I ACORDIA NORTHEAST. INC. VS. JOHN J. FORD. III 20. The averments of paragraphs I through 19 are incorporated herein by reference as set forth at length. 21. Defendant Ford is employed by Defendant BGS&G and has been for some time since his employment with Plaintiff was tcrminated and Defendant Ford is soliciting business and/or referrals from clients of Plaintiff in direct violation ofthe restrictive covenant of Defendant Ford's Employment Agreement with Plaintiff. 22. Defendant Ford's violation of the restrictive covenant is continuing and is causing irreparable harm to the business of Plaintiff for which a remedy at law for damages is not adequate. 23. The restrictive covenant in the said Agreement expressly entitles Plaintiff relief at law and in equity. 24. Greater injury will result from the denial of an injunction than from the granting of the injunction. 25. Plaintiff has no adequate remedy at law and unless it obtains injunctive relief it will continue to suffer irreparable harm to its business. 26. Plaintiff avers that pursuant to the terms oflhe Employment Agreement, in addition to injunctive relief, it is entitled to receive damages from Defendant Ford in an amount equal to 150% of any commission earned in violation of the Agreement. 27. Plaintiff avers that the total commission lost to date as a result of just the aforementioned accounts which have been "pirated" total $27,478.98. WHEREFORE, Plaintiff Acordia Northeast, Inc. requests this Honorable Court enter a Decree (A) Permanently enjoining Defendant John J. Ford, III from in anyway breaching or violating the restrictive covenant of set forth in the Employment Agreement within the Tri-State area of Pennsylvania, Maryland, and New Jersey in which competition with Plaintiff Acordia Northeast, Inc. for a period of three (3) years from the date of the Decree; (B) Direct Defendant Ford and to provide an accounting of all client accounts Defendant constructive notice of the restrictive covenants of the Employmcnt Agrcement betwecn Dcfendant Ford and Plaintiff. 35. Plaintiffavcrs that despite knowing of the samc, that Defendant Scrccn pern1illcd and facilitated Dcfcndant Ford's violation of the restrictive covcnant and, in fact, evcn allowed Defendant Ford to solicit clicnts and sccurc accounts in Defendant Screen's name so as to avoid any appearance of any violation of the Employmcnt Agreement. 36. By permitting Defcndant Ford to solicit Plaintiffs clients and placing his name on the accounts, Defendant Screen tortiously interfered and continues to tortiously interfere with Plaintiffs contractual relations with its clients. 37. As a direct and proximate result of Defendant Screen's tortious interference with the restrictive covenant, Defendant Screen has been unfairly and unjustly enriched to the extent that Defendant Screen has received the benefit of all revenues heretofore and hereafter derived by Defendants in connection with Defendant Ford's wrongful employment and breach ofthe restrictive covenant ofthe Employment Agreement. WHEREFORE, Plaintiff Acordia Northeast, Inc. requests this Honorable Court enter a Decree (A) Prohibiting Defendant Screen from in anyway employing or continuing to employ Defendant Ford his business in any manner or capacity for a period of three (3) years from the date of the Decree in the Tri-State area of Pennsylvania, Maryland, New Jersey in which Acordia Northeast conducts business; (B) Permanently enjoining Defendant Screen from anyway interfering with the restrictive covenant or in anyway encouraging or facilitating Defendant Ford's breach during the effective term thereof as Ordered by this Court; (C) Ordering an accounting by Defcndant Scrccn of all rcvcnucs dcrivcd by him herctoforc and hcrcundcr arising out of Dcfendant Ford's cmployment in violation of thc rcstrictivc covenant and (D) Awarding Plaintiff reasonable counscl fecs and costs incurrcd in this action as a rcsult of Defendant Screen's willful, delibcrate, and intcntional actions and encouraging and facilitating Defendant Ford's breach of the said restrictive covenant ofthc Agrcement. COUNT IV ACORDlA NORTHEAST. INC. VS. JOHN J. FORD. RANDALL B. SCREEN AND BEALL. GARNER. SCREEN. & GEARE. INC, t/d/b/a THE BGS&G COMPANY 38. The averments of Paragraphs I through 37 are incorporated herein by reference as set forth at length. 39. Plaintiff avers that by soliciting Plaintiffs clients that Defendant Ford has tortiously interfered and continues to tortiously interfere with Plaintiffs contractual relations with its clients. 40. By permitting Defendant Ford to solicit Plaintiffs clients and also allowing Defendant Screen to place his name on the accounts, Defendant BGS&G tortiously interfered and continues to tortiously interfere with Acordia Northeast, Inc.'s contractual relations with its clients. 41. As a direct and approximate result of the tortious interference of Defendant Ford, Defendant Screen, and Defendant BGS&G with Plaintiffs contractual relations with its clients, the Defendants have been unfairly and justly enriched to the extent of all revenues heretofore and hereafter derived from or in connection with or tortious interference with Plaintiffs contractual relations with its clien~s. 42. Defendants have also been unjustly enriched by the good will imparted to Defendant Ford as a result of his prior employment by Plaintiff. . " .. JP EMPLOYMENT AGREEMENT This EMPLOYMENT AGREEMENT ("Agreement") is made as of the 1 st day of August , 199~, between A:ordla of Central Pemsylvanla. Inc. ,a corporation ("Corporation"), and TTT , ("Emplo)'ee"), .j,."",, ,i l:"",..rt ___ Whereas, the Corporation is principally engaged in the daily administration, solicitation and sale of insurance and related products; ("Business") and Whereas, Employee is an individual who possesses qualifications and experience in these areas; and Whereas, the Corporation desires to employ Employee to perform services on behalf of the Corporation, and Employee is willing to accept such employmen t with the Corporation upon the terms and conditions contained in this Agreement. NOW, THEREFORE, for mutual consideration, and intending to be legally bound hereby, the Corporation and Employee hereby agree as follows: ARTICLE 1 TERM 1.1 Initial Term. This Agreement shall beforan initial term of one year commencing on 8/1: 199.i. and terminating at the end of the business day on 8/1 1992... ("Initial Term"), unless sooner terminated pursuant to Article 4 of this Agreement. 1.2 Renewal Terms. If no termination has occurred pursuant to Article 4 of this Agreement on or before the expiration of the Initial Term it being expressly understood and agreed that the Corporation does not now, nor hereafter shall have, any obligation to continue Employee in its employ after the expiration of the Initial Term, this Agreement shall automatically be renewed on each anniversary thereof from year to year unless either party gives written notice of non.renewal to the other at least thirty (30) days prior to the expiration of the then current term of this Agreement. ARTICLE 2 COMPENSATION &BENEmS 2.1 [MAY BE CHANGED TO ADAPTTO DIFFERENT PAY STRUCTURE,] Salary. During the Initial Term of Employee's employment under this Agreement, the Corporation will payor cause to be paid to Employee, and Employee shall accept from the Corporation or one of its" Affiliates" (as hereinafter defined) as ful1 compensation for his services and other obligations hereunder an annual base salary in the amount of EXHIBIT I A . $30,000 (or such othcr amount as may bc agrccd to in writing from time to time by Employee and the Company), payable in installments in accordance with the Company's salary administration practices as they may from time to time exist and subject to withholdings and payroll deductions. For purposes of this Agreement, the term" Affiliate" shall mean any company that directly or indirectly, through one or more intermediaries, controls or is controlled by or is under common control with the Company. Advances or loans on any type of renumeration are not pennilted. 2.2 Benefil~. In addition to his renumeration as provided for in Section 2.1 hereof, Employee shall be entitled to participate in all employee benefit plans and programs provided by Corporation under which he is eligible, in accordance with the terms of such plans and programs. Corporation expressly reserves unto itself the right to alter, modify, amend or terminate any such benefit plans and programs at any time and for any reason at its sole discretion, 2.3 Business Expenses. Corporation shall, in accordance with, and to the extent of its policies for all employees in effect from time to time, reimburse Employee for all reasonable, ordinary, and necessary business expenses incurred by Employee in performing his duties as an employee of the Corporation, provided that Employee accounts promptly for such expenses to the Corporation in the manner prescribed from time to time by the Corporation. 2.4 Vacation Benefits. Employee shall be entitled to vacation for each calendar year during the term of this Agreement. The amount of vacation shall be detennined by the personnel policies applicable to all employees of the Corporation. . ARTICLE 3 EMPLOYMENT AND DUTIES 3.1 Duties and Responsihilities. Employee agrees to devote his full time and effort to the performance of the following duties: (a) All duties of a sales and marketing representative for the Corporation, faithfully, competently, and diligently perfonning duties as the needs of the Corporation may require under the control and supervision of the Chief Executive Officer of the Corporation or his designee; (b) All duties which customarily are perfonned by persons holding comparable posi- tions with companies which are comparable in business and size to Corporation, which business is the daily administration, solicitation and sale of insurance or related products; and (c) Such other tasks on behalf of the Corporation as may reasonably be requested by the Chief Executive Officer or his designee. 2 '. . .- ARTICLE 4 TERMINATION 4.1 For Cause. In addition to any rights of termination specified elsewhere in this Agreement, the Corporation may immediately upon written notice tenninate Employee for cause. "Cause" shall include failure to achieve reasonable perfonnance expectations; failure to perform in accordance with the specific directives or policies of the Chief Executive Officer of the Corporation or his designee; violation of Corporation policies; dishonesty; neglect of duties; grave misconduct; theft; fraud; conviction of a felony; willful misconduct which seriously impairs or is reasonably expected to seriously impair the Corporation's ability to conduct its ordinary business in the usual manner; the revocation of the Employee's insurance agent or broken license by his state of residence and such revocation becomes final; or breach of any provision of this Agreement. The Corporation shall have no further liability to Employee under this Agreement for any period subsequent to the tennination for cause. 4.2 Without Cause. Either party may tenninate this Agreement at any time without cause, upon thi rty (30 ) days prior written notice to the other party. If the Corpora- tion terminates this Agreement without cause, in addition to any amount due to Employee under the Corporation's policies applicable to all of its employees, the Corporation shall pay the Employee a lump sum equal to the lesser 'If (i) the remaining installments that would have been due and payable to Employee for the period from the date of termination through the remaining term of employment or (ii) three months base salary. 4.3 Death or Disabilitv. This Agreement shall tenninate immediately upon the Employee's death or disability, as that'term is defined in the long tenn disability program of the Corporation. ARTICLE 5 NON-SOLICITATION A!\"D NON-DISCLOSURE 5.1 Emplovment Relationship. The Employee acknowledges that Employee's employment by the Corporation creates a relationship of confidence and trust between the Employee and the Corporation with respect to certain information applicable to the business of the Corporation and its Affiliates or applicable to the business of any client or customer or potential client (as defined in Section 5.7) of the Corporation or its Affiliates which may be made known to the Employee during the period of his or her employment (including, without limitation, customer lists. and information regarding customer needs and renewal dates, pricing and underwriting). 5.2 ProprietarY Information. Employee acknowledges that the Corporation possesses and will continue to possess information that has been created, discovered or developed by, or otherwise become known to it (including, without limitation, information created, discovered, developed or made known by the Employee during the peripd of or arising out of his or her employment) or in which property rights have been or may be assigned or 3 . . . . '. otherwise conveyed to the Corporation which infonnation has commercial value in the business in which the Corporation is engaged and is treated by the Corporation as confidential. 5.3 Non-Di~c1os~ The Employee shall not without the prior written consent of [the Chief Executive Officer] of the Corporation (i) use for Employee's benefit or disclose at any time during Employee's employment by the Corporation, or thereafter, except to the extent required by the perfonnance by Employee of his or her duties as an employee of the Corporation, any infonnation obtained or developed by Employee while in the employ of the Corporation with respect to any customers, suppliers, products, employees, financial affairs, business methods or service of the Corporation or any of its Affiliates (including, without limitation, customer or client lists, trade secrets, pricing, marketing, financial or sales information, forecasts, business and strategic plans), or any confidential matter, except information which at the time is generally known to the public other than as a result of disclosure by Employee not permitted hereunder, or (ii) take with Employee upon leaving the employ of the Corporation any document or paper relating to any of the foregoing or any physical property of the Corporation or any of its sources with which insurance is placed, policyholders, expiration or renewal dates, inspection or credit reports, and data on insurance risks being written. 5.4 p.etum of Propertv. Upon termination of the Employee's employment for any reason, or at any other time the Corporation requests in writing, the Employee shall immediately deliver to the Corporation all memoranda, notes, plans, records, reports and other documents (and copies thereof) and other property in Employee's possession or control relating to the business of the Corporation or any of its Affiliates. 5.5 Bindin~ Nature. The Employee hereby expressly agrees that the foregoing provisions of this Agreement shall be binding upon the Employee's heirs, successors and legal representatives. 5.6 Confidential Information. Employee shall hold in confidence the terms of this Agreement. 5.7 Non-Solicitation. During Employee's employment by the Corporation and during the three (3) year period commencing on the date of Employee's termination of employment (for any reason): (a) Employee will not take any action or make any public statement in degradation of the good name or business interests of the Corporation. Employee will not solicit or encourage any other employee of the Corporation to do any act that is disloyal to the Corporation or inconsistent with the interests of the Corporation or in violation of any provisions of this Agreement; (b) Employee will not discuss with any Existing Client or Potential Client of the Corporation the present or future availability of services or products by a business, if Employee has or expects to acquire a proprietary interest in such business or is or expects to be an employee, officer or director of such business, where such services 4 . . or products are competitive with services or products which the Corporation provides and where the acquisition of such proprietary interest or Employee's becoming an employee, officer or director of such business will or may materially injure an interest of the Corporation. (c) Employee will not make any statement or do any act intended to cause any Existing Client or Potential Client of the Corporation to make use of the services or purchase the products of any competitive business in which the Employee has or expects to acquire a proprietary interest or in which the Employee is or expects to be made an employee, officer or director, if such services or products in any way relate to or arise out of services or products of the Corporation sold or provided or attempted to be sold or provided by the Employee to any Existing Client or Potential Client; (d) Employee will not directly or indirectly (as a director, officer, partner, sole proprietor, employee, manager, consultant, independent contractor, advisor or otherwise) engage in, own any interest in, perform any services for, participate in or be connected with (i) any business or organization that directly engages in competi- tion with the Corporation in any geographical area where any business is presently carried on by the Corporation, or (ii) any business or organization that directly engages in competition with the Corporation in any geographical area where any business shall be hereafter, during the period of Employee's employment by the Corporation, carried on by the Corporation, if such business is then being carried on by the Corporation in such geographical area; provided, ~~, that the provi- sions of this subparagraph (d) shall only be effective during Employee's employment by the Corporation and shall not be deemed to prohibit Employee's ownership of not more than [I %] of the total shares of all classes of stock outstanding of any publicly held company. (e) [OPTIONAL PARAGRAPH] If, during the said two (2) year period, any commission or any insurance business becomes payable to the Employee or to any person, fmn, or Corporation by whom the Employee is then employed or affiliated, as a result of Employee's violation of the provisions of subparagraph (b) or (c) of this Section 5.7, the Employee agrees to pay promptly to the Corporation an amount equal to 150% of such commission. (f) If, following termination or expiration of the period of employment including any renewallerm, the Employee accepts other employment or enters into a business relationship with any person, partnership, corporation or the entity doing business of the kind then being performed by the Corporation, the Employee shall obtain from said second Employer and shall provide to the Company a written acknowledgment by the successor Employer of its notification of the terms of Article V of this Agreement. (g) Employee agrees that he will not entice or induce, directly or indirectly any other Employee of the Corporation to leave the employ of the Corporation. 5 = For purposes of this Agreement, the lenn "Potential Client" shall mean a person or entity who was the target of sales or marketing activity by the Employee during the [one).year period preceding Employee's tennination of employment or, in the event Employee has been employed by the Corporation less than [two] years at the time of tennination, during the period of Employee's employment with the Corporation, The tenn "Existing Client" shall mean a person or entity who is a customer of the Corporation at the time of Employee's tennination of employment and who was solicited by Employee or whose accounts were handled by Employee during the period of Employee's employment with the Corporation. Employee agrees that when Employee has or expects to acquire a proprietary interest in, or is or expects to be made an employee, officer or director of any existing or future business that provides or may provide services or products in competition with the Corporation, Employee will, upon request by the Corporation, immediately fumish to the Chief Executive Officer of the Corporation all material infonnation that may reasonably be of assistance to the Corporation in acting promptly to protect its relationships with any Existing Client or Potential Client with whom Employee has had any dealings as a result of Employee's employment by the corporation. Employee further agrees that the limitations set forth in this Article 5 shall survive the expiration or tennination of this Agreement. For purposes of this Article 5, proprietary interest in a business is ownership, whether through direct or indirecl stock holdings or otherwise, of one percent (1 %) or more of such business. Employee shall be deemed to expect to acquire a proprietary interest in a business or to be made an officer or director of such business if such possibility has been discussed with any officer, director, employee, agent or promoter of such business. Notwithstanding anything in this Article 5 to the contrary, Employee's engagement in, ownership of, perfonnance of or services for, participation in or connection with any business or organization other than the Corporation, with respect to which the Chief Executive Officer of the Corporation has consented in writing, shall not be deemed a breach of this Agreement. ARTICLE 6 11TSCELLA1\'EOUS PROVTSTONS 6.1 Amendments. Any amendment of this Agreement shall be effective only if in writing and signed by both Employee and Corporation. 6.2 Governinv Law. This Agreement, the rights and obligations of the parties hereto, and any claims or disputes therelo, will be governed by and considered in accordance with the laws of the State of Pennsylvania 6.3 f/eadiMs. The paragraph headings contained in this Agreement are inserted for convenience or reference only, will not be deemed to be part of this Agreement for any purpose, and will not in any way define or affect the meaning, construction or scope of any of the provisions hereof. 6.4 Notices. All notices, requests, or other communications which may be or are required to be given or sent by either party to the other pursuant to this Agreement will be in 6 . . writing and will be mailed by first-class, registered or certified mail, return receipt requested, posUlge prepaid, or transmitted by hand delivery, telegram or telex, addressed as follows: If to Corporation: 4750 De1brook Road, POBox 1220 Mechanicsburg PA 17055 If to Employee: 19 Mall Road, Etters PA 17319 Either party may designate, by notice in writing, a new address for notice from time to time, 6.5 Severa hili tv. If any part of any provision of this Agreement shall be adjudged invalid or unenforceable under applicable law, such part may be reformed by a court of competent jurisdiction sitting in equity to the extent of such original invalidity or unenforce- ability only, without affecting the remaining partS of such provision or remaining provisions of the Agreement unnecessarily. 6.6 Survival. It is the express intention and agreement of the parties that the covenants, agreements and statements made in Article 5 will survive the termination of this Agreement for any reasons. ' 6.7 Waiver. Neither the waiver by either party hereto of a breach or of a default under any of the provisions of this Agreement, nor the failure of either party on one or more occasions, to enforce any of the provisions of this Agreement or to exercise any right of privilege hereunder will thereafter be construed as a waiver of any subsequent breach or default of a similar nature, or as a waiver of any such provision, rights or privileges hereunder. 6.8 Nonalienation. Except as may otherwise be required by law, no right to receive payments under this Agreement shall be subject to anticipation, commutation, alienation, sale, assignment, encumbrance, change, pledge. bankruptcy or hypothecation or to exclusion, atUlchment, levy or similar process or assignment by operation of law, and any attempt, voluntary or involuntary, to effect any such action shall be null, void and of no effect. 6.9 Assi~nment. The Corporation, in its sole discretion, may assign this Agreement to any subsidiary or other Affiliate. This Agreement shall not be assignable by or on behalf of the Employee. This Agreement shall be binding upon and inure to the benefit of the Corporation and its successors and assigns and any purchaser of the Corporation or of substantially all of the assets of the Corporation. 6.10 Entire A~reement: Modification. This Agreement, together with the Confidentiality Agreement referred to above, constitutes the entire agreement of the parties with respect to the subject matter hereof. This Agreement may be modified or amended only by an instrument in writing signed by both parties hereto, 7 .. ,., NEW BUSINESS BONUS In addition to the formula which establishes the base compensation, a new business bonus wfll be paid on "net new" production in the quarter which the new business is billed. If billed on an installment basis, bonus will be paid for first 12 months or four quarters the business is on the books. . The amount of bonus so calculated will be determined quarterly based on producer production runs generated reflecting results according to producer management and compensation program. . A cash bonus payment at that time will be made within thirty (30) days of receipt of approved Bonus Calculation Form (See Attached Addendum) to the Account Executive. This cash payment wi 11 be made in accordance with the following payment plan: January 1 to March 31 - BO% of Earned Bonus Apri lIto June 30 - BO% of Earned Bonus July 1 to September 30 - BO% of Earned Bonus October 1 to December 31 - 100% of Earned Bonus for year. (Any negative figure will be carried over to next year and app 1 i ed aga i nst future bonuses earned until offset) Bonuses are not a vested interest of the producer. To be el igible for payment, the producer must be an employee of the company on the day the actual bonus payment is to be made. Unpaid bonuses will be forfeited in the event of resignation or termination of employment for any reason. New Bus i ness is defi ned as New Cl ients or New Coverages, not previ ously written, on existing clients. Additions to existing coverages or additional policies, (i.e. new divisions or subsidiaries) are not New Busi ness. Only the fi rst year Bonds on a Surety Account qua 1 ify as New Business. New Property and Casualty Business - 15% (First 12 months commission) New Business Bonus will be reduced if any commission reduction is taken unless approved by Division Manager. New Life or Disability - 75% (First 12 months commission) - 50% (First 12 months commission) New Personal Lines 1. Unauthori zed Commi ss i on Reducti ons On new or renewal business, if a producer accepts a commission reduction without written agreement of the Branch Manager, the amount of reduction will be deducted from their next salary period. 2. "Elite Producer" Bonus - To recognize the accomplishments of our most successful Producers, those with total commission income in excess of $400,000 during the 12 month calculation period, Base Salary will be increased by 10% of the Adjusted Base. , \ ~. , GINGRICH. SMITH. KL-INGENSMITH & DOL-AN ATTORNEVS AT L.AW 222 SOUTH MAFU'.CT STRCE-T, SUITE 201 PI Q. DOll. 267 ELIZABETHTOWN. PA 17022"0Ze7 (717) 367-1370 rAX 17171 307-3219 .JOHN M. SMITH THOMAS G. KLINGENSMITH KEVIN O. DOLAN ...~ EAST ORANOr. STRE.eT LANCASTER, PA 17e02 {7171393-3684 FAX 17171 393-06'3 01" CouNaEI. HENRY F. GINGRICH HCRBERT P. HE.NDE.RSON, n JEfl',REY S. SHANK September 26, 1997 Mr. John J. Ford, III 98 Byron Nelson Circle Etters, PA 17319 Re: Employment Agreement/Non-Solicitation and Non-Disclosure Dear Mr. Ford: Please be advised that I represent Acordia of Central Pennsylvania. It is my understanding you voluntarily terminated your Employment Agreement with Acardia which you signed on August 1, 1994. Pursuant to Article 5, Non-Solicitation and Non-Disclosure you are prohibited from disclosing any proprietary information regarding Acordia as defined in that Article. You are specifically prohibited by Article 5.7 for a period of three years commencing on the date of your termination of employment from: _ Taking any action or making any public statement in degradation of the good name or business interest of Acordia; soliciting or encouraging any other employee of Acardia to do any act that is disloyal to Acardia or inconsistent with the interests of Acordia or in violation of the provisions of your Employment Agreement; _ Discussing with any existing client or potential client of Acordia that the present or future availability of services or products by a business if you have or expect to acquire a proprietary interest in such business is or expects to be an employee, officer or director of any such business, where such services or products are competitive with services or products which Acordia provides and where the acquisition of the proprietary interest or your employment will or may materially injure the interest of Acordia; . _ You will not make any statement or act or commit any act intended to cause an existing client or potential client of Acordia to make or use the services or purchase products of any competitive business in which you have or expect to acquire a proprietary interest in which you are or expect to become or to be made an employee, officer or director if such services or products in any way relate to or arise out of services or products Acordia sold or provided or attempted to be sold or provided by you to an existing client or potential client; _ The Agreement also provides that following your termination of employment that if you accept employment or enter into a business relationship with any person, partnership, corporation or entity EXHIBIT I B '>- ~ CO., c': i ~ 0' ., (' ,,-, ( '. 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