leadership
confidence high
sentiment neutral
materiality 0.40
Eli Lilly enters non-compete agreement with Daniel Skovronsky providing up to $5M payment
ELI LILLY & Co
- Non-competition and non-solicitation agreement with Daniel Skovronsky executed March 17, 2023.
- Restricts competitive activities and solicitation for up to 12 months post-termination.
- Dr. Skovronsky eligible for up to $5 million payment if company enforces non-compete terms.
- Terms consistent with company's Form of Non-Compete Payment Agreement in 2022 10-K.