Non Compete Agreement Clause

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Non Compete Agreement Clause. A Non-Compete Agreement is a document that attempts to block an individual or entity from potentially entering into competition with another party. A non-compete provision is an agreement that after an employees tenure with the company has ended either by termination resignation or layoff that the employee will not work for a competitor in the same field or geographic area as the employees previous employer for a set period of time.

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A non-compete provision is an agreement that after an employees tenure with the company has ended either by termination resignation or layoff that the employee will not work for a competitor in the same field or geographic area as the employees previous employer for a set period of time. Noncompete Agreements Are Contracts A noncompete agreement is a contract in which you agree to give up a right you would otherwise have. These agreements also prohibit the.

The parties have attempted to limit the non-compete provision so that it.

Non-compete clauses are commonly found in employment agreements. Courts have generally said that a job is sufficient reward for signing a noncompete agreement. A non-compete clause or NCC is a provision or clause in written contracts that obliges one party to agree not to compete against another party. By signing a non-compete you may be promising that subject to certain conditions you will not work for a competitor of your employer after your employment ends.