Business To Business Non Compete Agreement Template
All you would have to do is replace the yellow highlighted portions with your information and you are good to go.
Business to business non compete agreement template. Rules regarding legal sufficiency of non compete agreements vary by state. You are free to edit and use this non compete agreement. An agreement that is applicable in all types of business and companies. A non compete agreement nca is used to safeguard a businesss competitive interests.
This non compete agreement template is written very generally to allow a company to hire a person to work for them and then attempt to bind them to a promise that they will not compete with the company for a specific period of time after the business relationship is over. The purpose of this agreement is restrict any employee from going into a business same as their. Protect your business by using the above mentioned template that is a non compete agreement template. However we do ask that you dont distribute it on the web without explicit permission from us.
Learning that non compete agreement is a covenant bound by law in which you are not allowed to compete with the company or business that you have worked with in the past or is currently working with in the present. A non competition agreement is a contract between a seller and a buyer who are in discussions about or are drafting an agreement for the salethe purpose of the agreement is to restrict the seller from entering into a business which will compete with the buyer after the sale for some period of time thus protecting the buyers post closing interests. Download samples of professional document drafts in word doc and excel xls format. This document is used by a business when it has a unique product or service and would like to block its current employees or other associates like clients or partners from starting a similar business usually within a certain radius like 10 miles or certain time frame and stealing their clients.
Instant access to 1900 business and legal forms. Non compete agreements also known as covenant not to compete cnc non compete clause ncc and restrictive covenants are becoming increasingly common in employment applications employment agreements and in contracts for the sale of businesses. Create a fully customizable legal document with the use of this easy to edit template. By richard nacht esq.
This non compete agreement template is free for you to use as you see fit. Simply fill in the blanks and print in minutes.