Free Non-Compete Agreement Template 18Free Non-Compete Agreement Template 18Free Non-Compete Agreement Template 18
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EMPLOYMENT AND NONCOMPETITION AGREEMENT
THIS AGREEMENT (the "Agreement") is executed as of this 6 day of July, 2006, and effective as
of July 18, 2006 (the "Date of Hire"), by and between Tempur-Pedic International Inc., a Delaware
corporation the "Company") and Richard W. Anderson, an individual ("Employee"). In consideration of
the premises and the mutual agreements and covenants contained herein, and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged by the Company and
Employee.
IT IS HEREBY AGREED AS FOLLOWS:
ARTICLE I
EMPLOYMENT
1.1 Term of Employment. Effective as of the Date of Hire, the Company agrees to employ
Employee, and Employee accepts employment by the Company, for the period commencing on the Date
of Hire and ending on the first anniversary of the Date of Hire (the "Initial Term"), subject to earlier
termination as hereinafter set forth in Article III. Unless earlier terminated in accordance with Article III,
following