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Sample Employee Non-Compete Agreement

This document provides a sample non-compete agreement that employers can adapt for their business needs to restrict employees from competing against the company after leaving employment. The sample agreement outlines that in exchange for consideration, the employee agrees not to directly or indirectly compete with the company's business and acknowledges being provided access to trade secrets, customers, and confidential data. It specifies the employee will not own, manage, operate, consult or be employed by a competing business for a set period of time within a certain radius of the company's location. Both the employer and employee signatures are required to make it binding.

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246 views1 page

Sample Employee Non-Compete Agreement

This document provides a sample non-compete agreement that employers can adapt for their business needs to restrict employees from competing against the company after leaving employment. The sample agreement outlines that in exchange for consideration, the employee agrees not to directly or indirectly compete with the company's business and acknowledges being provided access to trade secrets, customers, and confidential data. It specifies the employee will not own, manage, operate, consult or be employed by a competing business for a set period of time within a certain radius of the company's location. Both the employer and employee signatures are required to make it binding.

Uploaded by

zenul
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

This tool provides an example of a non-compete agreement/clause to be added to your

employees contracts, should your business require it. You may adapt it to match your
business specific needs. It is recommended to ask for a lawyer/experts advice.
Sample Non-compete Agreements

EMPLOYEE NON-COMPETE AGREEMENT

For good and valuable consideration the receipt of which is hereby
acknowledged, _________________________ (Employee), the undersigned
Employee hereby agrees not to directly or indirectly compete with the business of
_____________________ (Company) and its successors.
The Employee acknowledges that the Company may, in reliance of this
agreement, provide the Employee access to trade secrets, customers and other
confidential data and good will. The Employee agrees to retain said information
as confidential and not to use said information on his or her own behalf or
disclose same to any third party. The Employee also agrees to take reasonable
security measures to prevent accidental disclosure.
The Employee shall not own, manage, operate, consult or be employed in a
business substantially similar to, or competitive with, the present business of the
Company or such other business activity in which the Company may
substantially engage during the term of employment.
This non-compete agreement shall extend for a radius of _______ miles of the
Company's present location and shall be in full force and effect during the period
of employment and for________ years following employment termination,
notwithstanding the cause or reason for termination.
This agreement shall be binding upon and inure to the benefit of the parties, their
successors, assigns, and personal representatives.


_______________________________________ _______________________
Signature of Company representative, Location, Date


_______________________________________ _______________________
Signature of Employee, Location, Date

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