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General Non-Compete Agreement Templates Free Download
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Below is the General Non-Compete Agreementtemplate body. If necessary, please put the personal information, company information, such as text to replace the specific content you need. you can download the .doc template file on the end of the article by click download link.
NON-COMPETE AGREEMENT
This Non-Compete Agreement (the Agreement) is made and effective [DATE],
BETWEEN: [YOUR COMPANY NAME] (the First Party), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:
[YOUR COMPLETE ADDRESS]
AND: [SECOND PARTY NAME] (the Second Party), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:
[COMPLETE ADDRESS]
FOR GOOD CONSIDERATION, the receipt of which is hereby acknowledged, the undersigned First party agrees not to compete with Second party, or its successors or assigns.
The term "not to compete" shall mean that the undersigned First party shall not directly or indirectly compete with the Company by serving as an officer, owner, partner, director, agent, employee or consultant to any firm or entity substantially engaged in a business similar or competitive to the business of the Second party.
This agreement shall remain in effect for [NUMBER] years from date below and shall extend to the following geographic area:
[DESCRIBE]
IN WITNESS WHEREOF, each party to this agreement has caused it to be executed at [PLACE OF EXECUTION] on the date indicated below.
Signed, sealed and delivered to both parties in the presence of:
FIRST PARTY SECOND PARTY
Authorized Signature Authorized Signature
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