Employee Non-Compete Agreement

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Employee Non-Compete Agreement
This introductory paragraph lists the date and the parties to this Agreement. We formatted this
agreement uniquely to make it easy on others (judge, arbitrator(s), etc. God forbid) to readily
understand who is involved, when the agreement begins and some basic summary background
information.
Effective Date [Date]
between [Company Legal Name], (“[Company]”)
a [State] [Corporation/Partnership/Sole Proprietorship/Resident],
located at [Address]
[City], [State] [Zip Code]
and [Employee] (“Employee”)
a [State] [Corporation/Partnership/Sole Proprietorship/Resident]
located at [Address].
Summary
Employee desires to give, and [Company] desires to receive from Employee, a covenant not to engage,
either directly or indirectly, in competition with, or to solicit any customer, client, or account of,
[Company].
[Company] and Employee desire to set forth in writing the terms and conditions of their agreements and
understandings.
Employer or [Company], as used in this Agreement, shall include any corporation or entity which is at
any time a parent or subsidiary of [Company].
NOW, THEREFORE, in consideration of the foregoing, of the mutual promises herein contained, and of
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto, intending legally to be bound, hereby agree as follows:
1. Covenants Against Competition
Employee acknowledges that the services to be rendered to [Company] have a significant and material
value to [Company], the loss of which cannot adequately be compensated by damages alone. In view of
the significant and material value to [Company] of the services of Employee for which [Company] has
employed Employee; and the confidential information obtained by or disclosed to Employee as an
employee of [Company]; and as a material inducement to [Company] to employ Employee and to pay to
Employee compensation for such services to be rendered for [Company] by Employee (it being
understood and agreed by the parties hereto that such non-competition shall also be paid for and received
in consideration hereof), Employee covenants and agrees as follows:
A. During Employee's employment by [Company] and for a period of [Restriction Period] after Employee
ceases to be employed by [Company], Employee shall not within [Restricted Area] directly or indirectly,
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Employee Non-Compete Agreement PDF

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