Non Compete With Independent Contractor

State:
Multi-State
Control #:
US-AHI-051
Format:
Word; 
Rich Text
Instant download

Description

The Non Compete With Independent Contractor form is designed to establish a legal agreement between a company and an independent contractor regarding the confidentiality of sensitive information and the limitations on competitive activities post-employment. Key features include clauses ensuring that the contractor will not disclose proprietary information, such as patents and trade secrets, and that they will refrain from competing directly with the company within a specified radius and time frame. Filling out the form involves entering the company name and the contractor's details, along with their signatures and the date to formalize the agreement. This form is particularly useful for attorneys, partners, and owners who want to protect their business interests while working with independent contractors. It provides a clear framework for enforcing non-competitive practices, which can help prevent loss of business to competitors. Paralegals and legal assistants can assist in preparing and reviewing this form to ensure compliance with legal standards. Associates should understand its implications to navigate contract law effectively.

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FAQ

Under Florida law, in certain circumstances, an independent contractor agreement can contain an enforceable non-compete clause. Florida courts will uphold a non-compete agreement if the non-compete clause is reasonable in geographic scope and reasonable in its time-frame.

Therefore, non-compete agreements are often unenforceable against independent contractors because this would cause the business to forfeit its own profit and prosperity in simple exchange for a portion of its business.

General liability insurance is essential for independent contractors because: It protects you and your business. Independent contractors have the same legal obligations and liability exposures as larger firms. They can be sued for damaging client property, causing bodily harm, or advertising injury.

Doing Work as an Independent Contractor: How to Protect Yourself and Price Your ServicesProtect your social security number.Have a clearly defined scope of work and contract in place with clients.Get general/professional liability insurance.Consider incorporating or creating a limited liability company (LLC).More items...?

Even if you remain classified as a contractor, a non-compete clause may not be enforceable. Independent contractors are expected to be experts in their chosen field and are likely working for multiple companies at once. If one company attempts to enforce a non-compete clause, your ability to find work may be affected.

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Non Compete With Independent Contractor