exhibit 10. 16post - termination agreement and covenant not to competethis post - termination agreement and covenant not to compete ( this “ agreement ” ) is entered into as of june 6, 2019 by and between walmart inc., a delaware corporation and its subsidiaries and affiliates ( collectively, “ walmart ” ) and suresh kumar ( “ associate ” ). recitalswhereas, associate has accepted an offer letter from walmart dated april 26, 2019 ( the “ offer letter ” ) whereby associate has agreed to become global chief technology officer and chief development officer ( the “ initial employment ” ) ; andwhereas, as a material condition of associate ’ s initial employment with walmart and to receiving the compensation detailed in the offer letter including, specifically, the sign - on bonus and certain special equity awards ( which are detailed in the offer letter ), associate is required to execute and deliver this agreement to be attached as exhibit a to the offer letter. associate hereby executes this agreement in bentonville, arkansas, where walmart maintains its principal corporate offices ( " corporate " ). agreementnow, therefore, in consideration of the premises and acknowledgments, covenants, representations, warranties and agreements contained herein and for other good and valuable consideration, including but not limited to, associate ’ s initial employment with walmart, the opportunity to receive the compensation and sign - on bonus detailed in the offer letter, and the promise of payments under this agreement, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows : i. acknowledgementsas part of this agreement, the parties specifically acknowledge that : a ) walmart is a major retail operation, with stores located throughout the united states, territories of the united states and in certain foreign countries ; b ) associate will become global chief technology officer and chief development officer, which is a key executive officer position appointed by the walmart board of directors and associate will report to the president and chief executive officer of walmart, who is located at corporate ; c ) as an essential part of its business, walmart has cultivated, established and maintained long - term customer and vendor relationships and goodwill, and competitive advantages which are difficult to develop and maintain, have required and continue to require a significant investment of time, effort and expense, and that can suffer significantly and irreparably upon the departure of key officers, regardless of whether the officer has been personally involved