Competition Non Competition With No One In Cook

• Category: Employment - Agreements - Confidentiality
• State: Multi-State
• County: Cook
• Control #: US-00046
• Format: Word; Rich Text

Description

The Employee Confidentiality and Unfair Competition Agreement is designed to protect a company’s proprietary and confidential information while outlining the obligations of an employee regarding non-competition and non-disclosure. The form establishes the definitions of key terms such as 'Company,' 'Affiliate,' and 'Confidential and Proprietary Information,' which provide clarity on what information is protected under the agreement. It specifies that during employment and for a period of two years thereafter, the employee agrees not to engage in or support competing businesses within a designated radius. Additionally, it mandates that the employee must not solicit clients or customers they interacted with during their employment for a five-year term post-employment. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for drafting and executing agreements that ensure their clients’ intellectual property remains protected and that business interests are safeguarded in competitive environments. The form includes concise instructions on execution, protects the company’s investments in confidential information, and allows for legal recourse in case of breaches. Overall, this form serves as a fundamental tool for legal professionals in creating enforceable agreements that support equitable practices in employee relations.