Employee Non Compete Agreement

What is an employee non-compete agreement?

An employee non-compete agreement is a legally binding contract between an employer and an employee that restricts the employee from working for a competitor or starting a competing business for a certain period of time after leaving the current employment.

What are the types of employee non-compete agreement?

There are two main types of employee non-compete agreements:

Broad non-compete agreements that restrict employees from working for any competitor within a specified geographic area and industry for a certain period of time.
Narrow non-compete agreements that specify limitations on working for direct competitors or starting a competing business within a specific industry or region after leaving the current employer.

How to complete an employee non-compete agreement

To complete an employee non-compete agreement, follow these steps:

01
Read the agreement carefully and understand the restrictions and limitations it imposes on your future employment opportunities.
02
Consult with a legal professional to ensure that the agreement is fair and legally enforceable.
03
Negotiate any terms that you feel are too restrictive or unfair before signing the agreement.
04
Sign the agreement only after you are fully satisfied with the terms and conditions outlined.
05
Keep a copy of the signed agreement for your records and refer back to it when needed.

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