Non-Compete Agreement
This Non-Compete Agreement (“Agreement”) is entered into as of [Date], between:
• Employer: [Company Name], at [Address].
• Employee: [Full Name], residing at [Address].
1. Purpose
To protect proprietary information, trade secrets, and business interests, Employee agrees to restrictions on competition as outlined below.
2. Non-Compete Clause
Employee shall not engage, directly or indirectly, in any competing business similar to Employer’s business ([describe business activities]) within [Geographic Area] for a period of [e.g., 1 year] after termination of employment.
3. Non-Solicitation
Employee agrees not to solicit Employer’s clients, customers, or employees for [X] years after employment termination.
4. Confidentiality
Employees agree not to disclose any confidential information, including trade secrets, client lists, or business strategies, either during employment or thereafter.
5. Duration and Territory
Restrictions apply for [e.g., one year, two years] following termination of employment, within the geographic area of [City, State, Region, or Radius].
6. Remedies for Breach
Employer may seek injunctive relief, monetary damages, or other remedies permitted by law for violations of this agreement.
7. Governing Law
This Agreement is governed by the laws of the State of [State]. Any disputes arising shall be resolved in the courts located in [County, State].
8. Entire Agreement and Amendments
This Agreement constitutes the entire agreement and supersedes any prior understandings. Amendments must be in writing and signed by both Parties.
9. Acknowledgement and Acceptance:
Employee Signature: ________________________________ Date: _____________
Printed Name: __________________________________
Employer Signature: ______________________________ Date: ____________
Printed Name/Title: _____________________________
Non-Compete Agreement
Protect your business interests and trade secrets with this enforceable Non-Compete Agreement Template.
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Non-Compete Agreement FAQ
What is a non-compete agreement?
A non-compete agreement restricts employees or partners from working for competitors or starting a competing business within a specified geographic area and timeframe after employment ends.
Why do you need a non-compete agreement?
It protects your business’s confidential information, customer relationships, and competitive advantage by preventing former employees from joining competitors immediately after leaving.
When should I use a non-compete agreement?
Use non-compete agreements when hiring employees who have access to sensitive data, trade secrets, client lists, or key business strategies.
How to write a non-compete agreement?
Clearly define restricted activities, geographic limitations, duration of restrictions, penalties for violation, and include signatures from all involved parties.
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