Former Microsoft executive Steven Sinofsky has finalized his leaving agreement with the software giant this week. The ex-Windows chief is being rewarded with 418,361 shares ($14.2 million at current stock price). The “Retirement Agreement” also reveals that Microsoft is enforcing a non-compete agreement that will prevent Sinofsky from “accepting employment at certain competitors or encouraging certain customers of Microsoft to choose a competing offering to Microsoft products,” this is only valid until December 31st 2013. Sinofsky will also be prevented from criticizing the software maker as part of a “not disparage Microsoft” clause. Is Microsoft hiding any thing?
Source: SEC Filings