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HRDOC 36 20020801 en

This sample non-compete agreement prohibits an employee from disclosing trade secrets or confidential information during and after their employment. It also prevents the employee from competing with the company within a certain geographical radius for a set number of years after leaving the company. The employee agrees to pay liquidated damages if they violate the non-compete terms. Both the company and employee signatures are required to finalize the agreement.

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53 views1 page

HRDOC 36 20020801 en

This sample non-compete agreement prohibits an employee from disclosing trade secrets or confidential information during and after their employment. It also prevents the employee from competing with the company within a certain geographical radius for a set number of years after leaving the company. The employee agrees to pay liquidated damages if they violate the non-compete terms. Both the company and employee signatures are required to finalize the agreement.

Uploaded by

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

SAMPLE NON-COMPETE AGREEMENT

Non-Disclosure and Non-Competition

At all times while this agreement is in force and after its expiration or termination, [Employee Name]
agrees to refrain from disclosing [Company’s Name]’s customer lists, trade secrets, or other confidential
material. [Employee Name] agrees to take reasonable security measures to prevent accidental disclosure
and industrial espionage.

While this agreement is in force, the employee agrees to use his/her best efforts at performing his/her job,
and to abide by the non-disclosure and non-competition terms of this agreement; the employer agrees to
compensate the employee as follows: [Compensation].

After expiration or termination of this agreement, [Employee Name] agrees not to compete with
[Company Name] for a period of [Number] years within a [Number]-mile radius of [Company Name and
Location]. This prohibition will not apply if this agreement is terminated because [Company] violated the
terms of this agreement.

The definition of competition means owning or working for a business that [Explain].

[Employee Name] agrees to pay liquidated damages in the amount of $[Amount] for any violation of the
covenant not to compete.

IN WITNESS, [Company Name] and [Employee Name] have signed this agreement.

Company Name:      

Signature of Representative:      

Employee Name:      

Employee Signature:      

Date:      

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