Non-compete Agreement Sample - Page 9

Video Tutorial How to Fill Out Non-compete Agreement Sample

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Questions & answers

A Non-Compete Agreement Includes Restrictions About Where, and When, You Can Be Hired by Another Company Type of employment. The employee of a given company is barred from working for a competing company in the same industry. Timing. Geographical location. Specified competitors.
To be enforceable, the non-compete agreement should be in writing. Some states may require this. However, even when it is not technically required, it is much easier to prove the terms of the agreement when there is a written memorialization of the document. Additionally, it should be signed by the employee.
Non-compete agreements are clauses in employment contracts that prevent workers from working for “competitor” companies during or after their current employment. These contracts typically restrict workers through time, industry, and/or geography.
As for a time limit on a non-compete agreement, most employers see between six months and two years as a reasonable non-compete time frame, with one year being quite common. However, the time frame depends on the industry and type of career path the individual has.
5 questions to ask before signing a non-compete Who is limited by the contract? You should understand your limitations as well as the limitations of your potential employer. What opportunities are limited? When will the clause expire? Where will you be prohibited from working? Why is there a need for this clause?
Duration: Long-term noncompete agreements rarely hold up in court. Typical agreements are two years or less, the most common being six months to a year. They can also include a severance option if the employee is terminated. Scope: This clause must be specific as to the restricted work and particular services.