Non Compete Agreement Enforceable
What is non compete agreement enforceable?
A non compete agreement is enforceable when it contains provisions that are considered reasonable and necessary to protect a legitimate business interest. This includes protecting proprietary information, trade secrets, customer relationships, and valuable business goodwill. The agreement must also be limited in duration, geographic scope, and industry restriction, so as not to impose an unreasonable restraint on the employee's ability to earn a living.
What are the types of non compete agreement enforceable?
There are generally two types of non compete agreements that are enforceable. The first type is a standalone non compete agreement, which is a separate agreement that is signed by the employee and the employer. The second type is a non compete clause, which is included as a provision within an employment contract or an independent contractor agreement.
How to complete non compete agreement enforceable
To ensure a non compete agreement is enforceable, follow these steps:
By following these steps, you can create a non compete agreement that is more likely to be enforceable and protect your business interests.