HAMILTON, J.
This appeal challenges the validity of a forfeiture-for-competitive-activities provision in a profit-sharing retirement plan.
Appellant Mr. Sheppard was for 23 years (1949 to 1972) an employee of respondent Blackstock Lumber Company. During this period he acquired a vested interest in a profit-sharing retirement plan established by respondent. In 1972, appellant left respondent's employ and established in Seattle his own woodworking business,...
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