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Complete Home & Office Legal Guide
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Complete Home and Office Legal Guide (Chestnut) (1993).ISO
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111.ws
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1993-08-01
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NON-COMPETITION AGREEMENT
_________________, referred to as EMPLOYEE, and _____, referred to
as STATION, agree:
_________________ is employed by _____ as Announcer. EMPLOYEE and
STATION acknowledge that as a result of the employer/employee
relationship existing that EMPLOYEE will from time to time
receive, or create confidential information related to trade
secrets, future promotional plans, and that such information
might be useful to competitors. The parties further acknowledge
that the STATION will expend substantial resources to promote
EMPLOYEE's name and that such investment would be adversely
affected if EMPLOYEE engaged in competition with STATION
immediately after the termination of employment.
Upon termination of employment by STATION, EMPLOYEE shall not
accept employment in any capacity, act as proprietor, shareholder
or act as an independent contractor for any broadcasting station
located within a radius of ____ miles from the center of the city
of license of the STATION, for a period of ____ days.
The parties agree that the damages which may be suffered by
STATION upon violation of this agreement are irreparable and
intangible in nature. Therefore, the parties agree that STATION
shall be entitled to injunctive relief to enforce this agreement.
The parties agree that all disputes related to this agreement
shall be arbitrated under the rules of the American Arbitration
Association, before a single arbiter. The decision of the arbiter
shall be final, and may be entered by any Court of competent
jurisdiction as a final judgment.
The prevailing party in any dispute related to his agreement shall
be entitled to its reasonable counsel fees.
This is the entire agreement between the parties, and this
agreement may only be modified in writing executed by both
parties.
Dated: ________________________________
__________________________________________________
_________________, EMPLOYEE
__________________________________________________
_____, STATION by an authorized officer