Non-Compete Agreement

Updated:

11/12/24

A non-compete agreement is a legal contract between an employer and an employee that restricts the employee from working for a competitor or starting a competing business within a specified time frame and geographic area after leaving the company. The purpose of a non-compete agreement is to protect the employer's confidential information, intellectual property, and business interests. While such agreements can help prevent unfair competition, they must be reasonable in scope and duration to be enforceable.

A non-compete agreement is a legal contract between an employer and an employee that restricts the employee from working for a competitor or starting a competing business within a specified time frame and geographic area after leaving the company. The purpose of a non-compete agreement is to protect the employer's confidential information, intellectual property, and business interests. While such agreements can help prevent unfair competition, they must be reasonable in scope and duration to be enforceable.

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