Florida Sample Noncompetition Agreement between Company Employer and Employee

State:
Multi-State
Control #:
US-C-9154
Format:
Word; 
Rich Text
Instant download

Description

A non-competition agreement has been formed between a company and an employee. It is a condition precedent to the obligations of the company under the merger agreement that the employee enter into a non-competition agreement in the form of this agreement with the company, including the covenant not to compete contained within the agreement, and the employee understands and acknowledges that this agreement is a material inducement to the company upon which it is relying in consummating the transactions contemplated by the merger agreement.
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  • Preview Sample Noncompetition Agreement between Company Employer and Employee
  • Preview Sample Noncompetition Agreement between Company Employer and Employee

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FAQ

Key TakeawaysA non-compete agreement legally binds a current or former employee from competing with an employer for some period of time after employment ceases.Under such an agreement, the employee must not reveal any trade secrets learned during employment.More items...

I agree that during the Non-Compete Period, I will not directly or indirectly (i) induce or attempt to induce any employee, contractor or agent of any of the Companies to terminate his/her relationship with any of the Companies, (ii) in any way materially interfere with the relationship between any of the Companies and

Under Florida law, non-compete agreements may be enforced by the employer so long as they are reasonable with regard to time and geographical area, and protect a legitimate business interest of the employer as defined by Florida statute.

solicitation agreement is a common contract clause that says if you work for a competitor, you won't solicit any business clients, bring over any employees, or use any confidential information connected to your current job. In other words, you can't use your old company contacts to help your new company.

After expiration or termination of this agreement, employee name agrees not to compete with company name for a period of number years within a number mile radius of company name and location.

After expiration or termination of this agreement, employee name agrees not to compete with company name for a period of number years within a number mile radius of company name and location.

A traditional non-compete stops an employee from working for a competitor in a certain geographical area for a certain amount of time after leaving the company. A non-solicitation agreement prevents an employee from poaching customers, contracts or other employees from the company that first hired them.

In order to be enforceable, a non-compete agreement must include an offer, acceptance, intent, and a benefit or consideration to the employee in exchange for his or her promise. The benefit could be as simple as getting the job or, for an existing employee, getting a promotion or raise.

Neither shall you call on, solicit, take away, or attempt to call on, solicit, or take away any customer of the Company on whom You have called or with whom You became acquainted during the term of your employment, as the direct or indirect result of your employment with the Company.

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Florida Sample Noncompetition Agreement between Company Employer and Employee