Non-Compete Agreement (1) One

Non-Compete Agreement: 

This example is a complete agreement that you can fill in and use for an employee who does not have a separate written employment contract.

Nondisclosure and Noncompetition. (a) At all times while this agreement is in force and after its expiration or termination, [employee name] agrees to refrain from disclosing [company name] s customer lists, trade secrets, or other confidential material. [Employee name] agrees to take reasonable security measures to prevent accidental disclosure and industrial espionage.

(b) While this agreement is in force, the employee agrees to use [his/her] best efforts to [describe job] and to abide by the nondisclosure and noncompetition terms of this agreement; the employer agrees to compensate the employee as follows: [describe compensation]. After expiration or termination of this agreement, [employee name] agrees not to compete with [company name] for a period of [number] years within a [number] mile radius of [company name and location]. This prohibition will not apply if this agreement is terminated because [company] violated the terms of this agreement.

Competition means owning or working for a business of the following type: [specify type of business employee may not engage in]

(c) [Employee name] agrees to pay liquidated damages in the amount of $[dollar amount] for any violation of the covenant not to compete contained in subparagraph (b) of this paragraph.

IN WITNESS WHEREOF, [company name] and [employee name] have signed this agreement.

Company Name: _____________________________________

Employee Name: _____________________________________

Date: ________________________________ 

Reprinted with permission. © CCH 

Non-Compete Agreement (1) One; This example is a complete agreement that you can fill in and use for an employee who does not have a separate written employment contract. Nondisclosure and Noncompetition.

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