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WATERFIELD MORTG. CO., INC. v. O'CONNOR

No. 3-1074A175.

361 N.E.2d 924 (1977)

WATERFIELD MORTGAGE COMPANY, Inc., Plaintiff-Appellant, v. Vincent E. O'CONNOR et al., Defendants-Appellees.

Court of Appeals of Indiana, Third District.

April 20, 1977.

Attorney(s) appearing for the Case

Edward N. Kalamaros, Edward N. Kalamaros & Associates, South Bend, Howard L. Chapman, Bonahoom, Chapman & McNellis, Fort Wayne, for plaintiff-appellant.

Gerald A. Kamm, Doran, Manion, Boynton & Kamm, South Bend, for defendants-appellees.

HOFFMAN, Judge.

Plaintiff-appellant Waterfield Mortgage Company, Inc. (Waterfield) appeals from the trial court's entry of summary judgment in favor of defendants-appellees arising from a restrictive covenant in an employment contract. On December 23, 1970, Waterfield and appellee Vincent E. O'Connor entered into an employment agreement, effective January 1, 1971, which provided, in part, as follows:

"6. The parties agree that the Employer (including subsidiary...

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