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COMPETE AGREEMENT This Competes Agreement (the Agreement), made this st day of, 20 (the Effective Date), is entered into by Company A, a State corporation, and Company B, a State corporation. WHEREAS,

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How to fill out non-compete agreement:

1. Begin by carefully reading the entire non-compete agreement document to ensure you understand all the terms and conditions stated within it. Pay particular attention to the duration of the agreement, geographic restrictions, and any specific actions or activities that are prohibited.
2. Fill in your personal details accurately, including your full name, address, and contact information. If applicable, provide the name and contact information of your employer or the company for which you will be working.
3. Review the scope of the non-compete agreement, which typically outlines the specific industries or types of businesses that are covered. Make sure you understand the limitations and restrictions placed on your ability to compete with the company during and after your employment.
4. If necessary, consult with an attorney or legal professional to ensure that the non-compete agreement is fair and legally enforceable in your jurisdiction. They can guide you through any complex legal language and help you negotiate more favorable terms if needed.
5. Sign and date the non-compete agreement in the presence of a witness, if required. Some agreements may also require the signature of a company representative or notary public.

Who needs non-compete agreement:

1. Employers who want to protect their trade secrets, confidential information, or customer relationships may require their employees to sign non-compete agreements. This is particularly common in industries where client lists, proprietary software, or specialized knowledge are crucial to a company's success.
2. Contractors or consultants who have access to sensitive information or who may be considered an integral part of a project may be asked to sign non-compete agreements to ensure they do not take their expertise to a competitor during or after the project.
3. Business owners who are selling their company may include non-compete agreements as part of the sales contract. This helps ensure that the buyer does not face direct competition from the previous owner, who may have valuable industry knowledge or customer relationships.
4. Executives or high-level employees who have access to strategic information or have significant influence over the company's operations may be required to sign non-compete agreements to protect the company's interests.
5. Certain states or countries have specific laws regarding non-compete agreements, so it is advisable to consult with a legal professional to determine if a non-compete agreement is necessary or enforceable in your jurisdiction.

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