NON-COMPETE AGREEMENT

$19.99


A Non-Compete Agreement is a legally binding contract between an employee and employer in which the employee is restricted from entering into competition with the employer during or after his/her employment. Typically, this restriction will be enforced on the employee for a specific period of time and will outline the geographical limitations of the agreement.

Non-Compete Agreement Key Terms 

Beyond enforcing restrictions on the employee’s future ability to compete with the employer, the employer may also ask the employee to sign a non-compete agreement for the following reasons:

      • To ensure the protection of client data and information.
      • To ensure the protection of proprietary information such as patent or trademark information, manufacturing processes, etc.
      • To increase the value of the company in the event that it is acquired in the future.
      • To set the standard for new employees and increasing awareness of the company’s proprietary data.

Enforcing an A Non-Compete Agreement

Employers should be aware that Non Compete Agreement templates are not always easy to enforce because employees (particularly recently because some state laws make non-compete agreements hard to uphold) have challenged the agreements in court. Also, enforceability may also be affected by the fact that non-compete agreements are typically drawn up by the employer and signed by the employee before the employee starts working.

A printable non-compete agreement template is always a quick and convenient way for anyone who needs immediate access to an agreement. However, it’s always advisable to have an attorney review the non-compete agreement and ensure that all the fields have been correctly filled out.


    Product ID: 23922AL25

Description

⇒   Revisions Approved 
⇒   Plain English & Easy Editing
⇒   Guidance Notes Included 
⇒   Money Back Guarantee
⇒   Length: 2 pages (min.)
⇒   Last Revision: 26 June 2020 
⇒   Format: MS Word (.DOCX) 
⇒   Rev. Number: 12890088
⇒   Product ID: 23922AL25

 

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