21 Business To Business Non Compete Agreement Template

Written By Anonymous Friday, March 21, 2014 Add Comment Edit

Non compete agreements are used most often in highly competitive industries such as technology development sales and marketing. A non compete agreement is a document used to protect employers from partners employees contractors and other individuals with access to their business secrets and practices using that access to leave the company to start their own competing business in the same industry.

39 Ready To Use Non Compete Agreement Templates ᐅ Templatelab

Non compete agreements are used to keep current employees or other associates like clients.

Business to business non compete agreement template. A non compete agreement nca is used to safeguard a businesss competitive interests. An agreement that is applicable in all types of business and companies. A non compete as the word dictates competing of different parties are prevented when the agreement for this is mandated and signed by the parties involved.

Protect your business by using the above mentioned template that is a non compete agreement template. This non compete agreement template is written very generally to allow a company to hire a person to work for them and then attempt to bind them to a promise that they will not compete with the company for a specific period of time after the business relationship is over. All you would have to do is replace the yellow highlighted portions with your information and you are good to go.

What is a non compete agreement. Company name is located at address and is represented by name of representative in this agreement. The non compete agreement is a legal document under which the restricted party the party agreeing to not compete with the other party agrees to not enter into the competition of any kind during and for such duration after the termination of the business relationship with the protected party the party who wants to protect their business secrets.

Non compete agreements also known as covenant not to compete cnc non compete clause ncc and restrictive covenants are becoming increasingly common in employment applications employment agreements and in contracts for the sale of businessesthe purpose of this agreement is restrict any employee from going into a business same as their former company. This agreement or contract is used by a business when it has a unique or well performing product service or sales platform with clientele that could be depreciated with departing employees. This non compete agreement is entered into between employee and company name on the day of in the year 20.

Create a fully customizable legal document with the use of this easy to edit template.

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