Non Compete Sample
A non compete agreement nca or a non compete clause prevents another party from starting or working for a similar business or new employer that could compete with yours or threaten its market share.
Non compete sample. Legally speaking a non compete clause or a non compete covenant is a clause wherein one party agrees not to enter or start a similar profession or trade in competition against another party for a specific period of time. What is a non compete agreement. During your employment or service with the company and for a period of one year following the termination of your employment or service with the company for any reason the non compete restricted period you shall not without the consent of the company directly or indirectly provide services to. It plays a essential position in making sure that the suggestions and assets of your organization do not leak to the competitors.
A non compete agreement can be critical to make sure that your suggestions and assets are not leaked to the competitors. A non compete agreement is a document used to protect employers from partners employees contractors and other individuals with access to their business secrets and practices using that access to leave the company to start their own competing business in the same industry. Non compete sample clauses law insider.