Get the free Employee Non-Compete Agreement

This agreement outlines the terms under which an employee agrees not to compete with the company upon termination of employment.

How to fill out employee non-compete agreement

How to fill out Employee Non-Compete Agreement

1. Read the agreement carefully to understand its terms and conditions.
2. Fill out your personal information, including name, address, and job title.
3. Indicate the duration of the non-compete clause, specifying the time frame after leaving the company.
4. Define the geographical area covered by the non-compete agreement.
5. Outline the specific activities or types of employment that are restricted.
6. Review your company's policies and legal requirements to ensure compliance.
7. Sign and date the agreement to confirm your acceptance of the terms.

Who needs Employee Non-Compete Agreement?

1. Employees who are privy to confidential information or trade secrets.
2. Key employees whose departure could significantly impact the business.
3. Companies operating in competitive industries looking to protect their interests.
4. Business owners wanting to safeguard their intellectual property and client relationships.

People Also Ask about

Do non-competes really hold up in court?

In April of 2024, the FTC adopted a rule banning new non-competes and prohibited enforcement of already executed agreements, with limited exceptions, for all employees because such restrictions limit workers' mobility and lead to lower pay.

Do companies really sue for non-compete?

The simple answer is that if you violate a non-compete agreement that is legally valid and enforceable under state law you may end up having to pay money to your former employer In addition, the employer can also file a lawsuit against you for both money damages and an injunction.

How well does a non-compete hold up in court?

Non-Compete Agreements are generally not enforceable unless they're used to protect trade secrets or a purchaser of a business, recover education or training expenses from an employee of less than two years, or restrict executive and management personnel or professional staff to those personnel ( C.R.S.

How likely is a non-compete to be enforced?

Under case law, non-competes will only be enforceable if they are no wider than reasonably necessary to protect a legitimate interest (e.g. protection of confidential information or customer contacts) and are not contrary to the public interest.

Are employee non-compete agreements enforceable?

California is an outlier compared to most states; non-compete agreements are unenforceable. While employers can seek out other ways to protect confidential company information, a non-compete agreement will not accomplish those goals. Here's what you need to know about California non-compete enforceability.

What is the wording for a non-compete clause?

You agree that at no time during the term of your employment with the Company will you engage in any business activity which is competitive with the Company nor work for any company which competes with the Company.

For pdfFiller’s FAQs

What is Employee Non-Compete Agreement?

An Employee Non-Compete Agreement is a contract between an employer and employee that restricts the employee from working for competitors or starting a competing business for a specified period after leaving the company.

Who is required to file Employee Non-Compete Agreement?

Typically, employers who wish to protect their business interests may require new or existing employees to sign a Non-Compete Agreement, especially in industries with sensitive information or competitive practices.

How to fill out Employee Non-Compete Agreement?

To fill out an Employee Non-Compete Agreement, both the employer and employee should clearly define the terms of the agreement, including the duration of the non-compete, geographical scope, and nature of restricted activities. Both parties should then sign and date the document.

What is the purpose of Employee Non-Compete Agreement?

The purpose of an Employee Non-Compete Agreement is to protect the employer's confidential information, trade secrets, and business relationships from being used by a former employee to benefit a competitor or start a competing business.

What information must be reported on Employee Non-Compete Agreement?

An Employee Non-Compete Agreement should report the parties' names, the duration of the agreement, geographical limitations, specific activities prohibited, and any consequences for breach of the agreement.