This non-compete and non-solicitation agreement has been entered into by a corporation and an employee. The employee agrees not to become employed by, or enter into any similar agreement as a director, employee, independent contractor, consultant, agent or partner with another corporation similar to the one identified within the agreement during the closing of a twenty-four month recapitalization venture.
Arkansas Sample Noncompetition and Nonsolicitation Agreement
Category:
State:
Multi-State
Control #:
US-C-9200
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Sample Noncompetition And Nonsolicitation Agreement?
Selecting the optimal authorized document template can be challenging.
Undoubtedly, there is an abundance of templates accessible online, but how do you find the legal document you require.
Utilize the US Legal Forms website. This service offers thousands of templates, including the Arkansas Sample Noncompetition and Nonsolicitation Agreement, which you can utilize for business and personal purposes.
You can review the document using the Preview option and read the document description to confirm it is suitable for you.
- All documents are reviewed by experts and meet state and federal regulations.
- If you are already registered, Log Into your account and click the Download button to get the Arkansas Sample Noncompetition and Nonsolicitation Agreement.
- Use your account to search through the legal documents you have previously purchased.
- Navigate to the My documents section of your account to obtain another copy of the document you require.
- If you are a new user of US Legal Forms, follow these simple instructions.
- First, ensure you have selected the correct form for your jurisdiction.
Form popularity
FAQ
exclusive agreement allows multiple parties to engage in similar transactions without violating contract terms. For instance, if two companies have a nonexclusive partnership, they can collaborate with other businesses simultaneously. This type of agreement can be crucial for businesses looking to expand markets while using an Arkansas Sample Noncompetition and Nonsolicitation Agreement to protect sensitive information.
competition and nonsolicitation agreement is a legal contract designed to protect businesses from unfair competition. This agreement restricts individuals from competing with a company or soliciting its clients or employees for a specified time after leaving the company. In an Arkansas Sample Noncompetition and Nonsolicitation Agreement, both clauses can be included to safeguard business interests effectively.
The Employee specifically agrees that for a period of months/years after the Employee is no longer employed by the Company, the Employee will not engage, directly or indirectly, either as proprietor, stockholder, partner, officer, employee or otherwise, in the same or similar activities as were performed for
solicitation agreement is a contract, usually between an employer and an employee that governs the employee's right to solicit customers of the business after he or she leaves his or her employment.
California - Non-compete clauses are not enforceable under California law. However, LegalNature's non-compete agreement may still be used to prohibit the employee from soliciting customers and other employees away from the employer.
General Statute and Regulation. Under Arkansas law, a court will enforce a non-compete agreement if the agreement is ancillary to an employment relationship or part of an otherwise enforceable employment agreement or contract to the extent that both: The employer has a protectable business interest.
Here are some tips:What is a noncompete agreement?Keep the group small.Keep the restrictions reasonable and narrow.Provide consideration for the agreement.Get it in writing.Prepare multiple versions if necessary.Concede choice of law/forum.Provisions to include.
Russell Beck: So there is no federal law on noncompetes; every state has its own noncompete law. Some states, like California, don't enforce noncompetes at all; they favor employee mobility over the protection of former employer's information.
solicitation agreement is a contract, usually between an employer and an employee that governs the employee's right to solicit customers of the business after he or she leaves his or her employment.
Non-Competition Clause Examples Example 1: Preventing former employees from using trade secrets. Example 2: Stopping contractors from competing with you. Example 3: Former partners limiting the geographical reach. Example 4: Extra protection in business contracts.
