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Noncompete Agreement

Make sure your non-compete agreement is thorough, legal and binding with this legal form:

Prevent Employees from Competitive Practices
Avoid Legal Disputes
Protect Your Trade Secrets

Written by Nolo Law

January 2008, 5th Edition

eForm: 24.99

Buy "Noncompete Agreement" from Nolo

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Free Form

The form below is a very basic one and has not been vetted by our attorneys nor updated to reflect changing laws. Chances are you will need something more comprehensive. Nolo.com provides much more professional forms.

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 and assigns during the period of employment and for a period of _____ years following termination of employment and notwithstanding the cause or reason for termination.

Employee shall not own, manage, operate, consult or to be employed in a business substantially similar to, or competitive with, the present business of Company or such other business activity in which Company may substantially engage during the term of employment.

Employee acknowledges that Company may, in reliance of this agreement, provide Employee access to trade secrets, customers and other confidential data and good will. 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.

This non-compete agreement shall extend for a radius of _______ miles of Company's present location and shall be in full force and effect for________ years, commencing with the date of employment termination.

This agreement shall be binding upon and inure to the benefit of the parties, their successors, assigns, and personal representatives.

_______________________________________ _______________________

Company Date

_______________________________________ _______________________

Employee Date

 

 

Warning:

These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.

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