This required section requests information regarding the parties to the Non-Compete Agreement. Press [Ctrl+F1] for more information.
This required section prohibits the Non-Competing Party from working for a competitor of the Protected Party for a designated period of time. Press [Ctrl+F1] for more information.
This optional section prohibits the Non-Competing Party from soliciting the Protected Party's customers and/or employees for a designated period of time. Press [Ctrl+F1] for more information.
This required section explains the amount of compensation that will be paid to the Non-Competing Party. Press [Ctrl+F1] for more information.
This optional section obligates the Non-Competing Party to protect and not to disclose the Protected Party's proprietary or confidential information. Press [Ctrl+F1] for more information.
This required section includes standard provisions regarding the interpretation and enforcement of the Agreement. Press [Ctrl+F1] for more information.
This required section provides signature lines for the parties. Press [Ctrl+F1] for more information.
Times New Roman
Non-Compete Agreement
NAGREE
The Non-Compete Agreement includes a "non-compete" provision that provides some protection against the possibility that the knowledge gained by an employee (or consultant) regarding an employer (or company hiring the consultant) will not be used in the future to compete with the employer (or the company).
!!!!!
Enter a term that will be used in the Agreement as an abbreviated version of the name of the Non-Competing Party. For example, if the Non-Competing Party's name is "Lynn Programmer", enter "Lynn", "Programmer", or "Non-Competing Party".
Enter a term that will be used in the Agreement as an abbreviated version of the name of the Protected Party. For example, if the Protected Party's name is Ace Software, Inc., enter "Ace", "Ace Software", or "Protected Party".
Enter the Protected Party's state/province or edit the information as desired.
Enter the name of the party who is requesting the non-competition from the other party, or edit the information as desired. For convenience, this party will be referred to in the hints as the "Protected Party".
Enter the name of the party who is agreeing not to compete. For convenience, this person will be referred to in the hints as the "Non-Competing Party".
NAG01
! Opening Section (1 of 7)
NON-COMPETE AGREEMENT
This Non-Compete Agreement (this "Agreement") is made effective as
of !, by and between
!, of
!, ! !,
! Country: !,
!, of
!, ! !,
! , Country: !.
In this Agreement, the party who is requesting the non-competition from the other party shall be referred to as "!", and the party who is agreeing not to compete shall be referred to as "!".
[Background Information]
Using the format MM/DD/YYYY, enter the effective date of the Agreement or edit the information as desired. Press [Ctrl+F1] for more information regarding the Non-Compete Agreement including a list of states in which this Agreement may be unenforceable.
Enter the name of the party who is requesting the non-competition from the other party, or edit the information as desired. For convenience, this party will be referred to in the hints as the "Protected Party".
Enter the Protected Party's street address or edit the information as desired.
Enter the Protected Party's extended street address or edit the information as desired.
Enter the Protected Party's city or edit the information as desired.
Enter the Protected Party's state/province or edit the information as desired.
Enter the Protected Party's zip/postal code or edit the information as desired.
Enter an X to include the Protected Party's country, if outside the United States.
Enter the country or edit the information as desired.
Enter the name of the party who is agreeing not to compete. For convenience, this person will be referred to in the hints as the "Non-Competing Party".
Enter the Non-Competing Party's street address or edit the information as desired.
Enter the Non-Competing Party's extended street address or edit the information as desired.
Enter the Non-Competing Party's city or edit the information as desired.
Enter the Non-Competing Party's state/province or edit the information as desired.
Enter the Non-Competing Party's zip/postal code or edit the information as desired.
Enter an X to include the Non-Competing Party's country, if outside the United States.
Enter a term that will be used in the Agreement as an abbreviated version of the name of the Protected Party. For example, if the Protected Party's name is Ace Software, Inc., enter "Ace", "Ace Software", or "Protected Party".
Enter a term that will be used in the Agreement as an abbreviated version of the name of the Non-Competing Party. For example, if the Non-Competing Party's name is "Lynn Programmer", enter "Lynn", "Programmer", or "Non-Competing Party".
Enter background information that explains why this Non-Compete Agreement is being entered into by the parties. For example, the Non-Competing party is currently an employee of the Protected Party, but the employment is being terminated. Press [Ctrl+F1] for more information.
NAG02
! Non-Compete Covenant Section (2 of 7)
!. NON-COMPETE COVENANT. For a period of ! after the effective date of this Agreement, ! will not directly or indirectly engage in any business that competes with !. This covenant shall apply to the geographical area that includes
! all of the State of !.
! the area within a(n) ! mile radius of !.
Enter the amount of time that the Non-Compete Agreement will be effective. For example, "2 years". Press [Ctrl+F1] for more information regarding a reasonable period of time.
Enter an X if the non-compete provision will apply to all of a particular state. The prohibited geographical area must be reasonable with respect to the Protected Party's market area. Press [Ctrl+F1] for more information.
Enter the specific state or edit the information as desired.
Enter an X to state the geographical area as the territory located within a specific number of miles of a particular location. For example, "within a 100 mile radius of Ridgewood, New Jersey".
Enter the number of miles that will comprise the radius of the area in which the Non-Competing Party cannot compete. For example, "two" or "25". The restricted geographical area must be reasonable with respect to the Protected Party's market area.
Enter the name of the city, county, or other reference point which will serve as the base for the radius of the restricted area. For example, "Harrisonville, Missouri".
Enter an X to designate some other geographical area. For example, "any geographical area served by the Protected Party at the time of termination, including Bellefontaine, Ohio."
Enter the geographical description.
NAG03
! Optional Non-Solicitation Covenant Section (3 of 7)
!. NON-SOLICITATION COVENANT. For a period of ! after the effective date of this Agreement, ! will not directly or indirectly solicit business from, or attempt to sell, license or provide the same or similar products or services as are now provided to, any customer or client of !.
Further, for a period of ! after the effective date of this Agreement, ! will not directly or indirectly solicit, induce or attempt to induce any employee of ! to terminate his or her employment with !.
Enter an X to include an optional section which provides that the Non-Competing Party will be prohibited from soliciting the Protected Party's customers and/or employees for a designated period of time. Press [Ctrl+F1] for more information.
Enter the amount of time during which the Non-Competing Party will be prohibited from soliciting the Protected Party's customers. For example, "2 years".
Enter an X to include an optional sentence which provides that the Non-Competing Party will be prohibited from soliciting the Protected Party's employees for a designated period of time.
Enter the amount of time during which the Non-Competing Party will be prohibited from soliciting the Protected Party's employees. For example, "2 years". Press [Ctrl+F1] for more information regarding an appropriate time period.
NAG04
! Payment Section (4 of 7)
[Note: A payment to the Non-Competing Party under the Non-Compete Agreement is necessary in order for the Agreement to be enforceable.]
!. PAYMENT. ! will pay compensation to ! for the covenants of !
! in the amount of $!.
! based on $! per !.
This compensation shall be payable
! in a lump sum
! on !.
! [Enter some other description.]
Enter an X to state the compensation as a total amount. A payment to the Non-Competing Party under this "stand-alone" Non-Compete Agreement is necessary in order for the Agreement to be enforceable. Press [Ctrl+F1] for more information.
Enter the total amount.
Enter an X if the compensation will be based on a stated amount per time period.
Enter the amount of the compensation per time period.
Enter an appropriate time period (for example, "hour" or "week").
Enter an X if the compensation will be paid in a lump sum. For example, $1,000 on a specified date.
Enter an X if the lump sum compensation will be paid on a specific date.
Using the format MM/DD/YYYY, enter the date on which the lump sum compensation will be paid.
Enter an X if the lump sum compensation will be paid on some other basis.
Complete the sentence with a description of how the lump sum compensation will be paid. For example, This compensation shall be payable "no later than December 31, 1995."
Enter an X if the compensation will be paid on a basis other than as a lump sum.
Complete the sentence with a description of how the compensation will be paid. For example, This compensation shall be payable "in two equal installments on July 18, 1995 and January 15, 1996."
T NAG05
! Optional Confidentiality Section (5 of 7)
!. CONFIDENTIALITY. ! will not at any time or in any manner, either directly or indirectly, use for the personal benefit of !, or divulge, disclose, or communicate in any manner any information that is proprietary to !. ! will protect such information and treat it as strictly confidential.
! The obligation of ! not to disclose confidential information shall continue for a period of ! after the effective date of this Agreement.
! Within ! after the effective date of this Agreement, ! will return to ! all records, notes, documentation and other items that were used, created, or controlled by !.
Enter an X to include a section that obligates the Non-Competing Party to protect and not to disclose the Protected Party's proprietary or confidential information. Press [Ctrl+F1] for more information.
Enter an X to include an optional sentence that requires the Non-Competing Party to protect the Protected Party's confidential information for a specified number of years.
Enter the amount of time during which the Non-Competing Party will be prohibited from disclosing the Protected Party's confidential information. For example, "5 years".
Enter an X to include an optional sentence that requires the Non-Competing Party to return the Protected Party's records and property.
Enter the amount of time during which the Non-Competing Party must return the Protected Party's records and property. For example, "15 days".
NAG06
! General Provisions Section (6 of 7)
[Access Document Information regarding these general provisions.]
!. ENTIRE AGREEMENT. This Agreement contains the entire agreement of the parties regarding the subject matter of this Agreement, and there are no other promises or conditions in any other agreement whether oral or written.
!. SEVERABILITY. If any provision of this Agreement shall be held to be invalid or unenforceable for any reason, the remaining provisions shall continue to be valid and enforceable. If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision shall be deemed to be written, construed, and enforced as so limited.
!. INJUNCTION. It is agreed that if ! violates the terms of this Agreement, money damages will be insufficient to compensate !. Therefore, ! will be entitled to seek injunctive relief (i.e., a court order that requires ! to comply with this Agreement) to enforce the terms of this Agreement.
Enter the name of the Protected Party or edit the information as desired. If appropriate, change the information to the name of the person who will sign on behalf of the Protected Party. Use the P.I. Manager to select and paste a record. Press [Ctrl+F1] for more information.
If appropriate, enter an X to include the person's title. For example, "Owner", "President", or "Manager".
Enter the person's title or edit the information as desired.
Enter the name of the Non-Competing Party or edit the information as desired. If appropriate, change the information to the name of the person who will sign on behalf of the Non-Competing Party. Use the P.I. Manager to select and paste a record.
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