Non Compete Clause New York Sample. Is a reasonable restraint on trade so as to protect the legitimate business interests of the employer. The New York Non-Compete Agreement Template handles the documentation required to alleviate a Business Entitys worries that a disclosure of information may result in unfair competition.
Company Name is located at Address and is represented by name of representative in this agreement. The New York Non-Compete Agreement Template handles the documentation required to alleviate a Business Entitys worries that a disclosure of information may result in unfair competition. While allowable it is rare for a non-compete agreement to last over ten years.
Recently a New York appellate court found that non-compete agreements are unenforceable if the employer does not demonstrate continued willingness to employ the party covenanting not to competethat is if the employer is no longer willing to employ the person and has fired the employee for no fault of their own.
During the term of this Agreement and for insert number of years years after termination the Agent shall not compete with the RCIC directly or indirectly in the sale or promotion of services the same as or similar to the RCICs services. This court decision provides useful leverage to employees in negotiating legal disputes with former employers about a new job and can also be used in negotiating the terms. For example a non-compete agreement cannot prevent a salesman from working for another company as a consultant as long as the employee does not conduct sales. New York non-compete agreements were once limited to high-level company executives who had access to vital company information.