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.
Georgia Sample Noncompetition and Nonsolicitation Agreement
Category:
State:
Multi-State
Control #:
US-C-9200
Format:
Word;
Rich Text
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FAQ
Properly drafted non-compete agreements, signed after May 2011, are enforceable in the State of Georgia. In fact, the laws governing the enforceability of non-compete agreements are favorable for businesses in the state.
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.
Yes. A non-compete agreement is enforceable even if it is signed after starting work for an employer. Continued employment is considered sufficient consideration to validate a non-compete agreement in Georgia.
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
Typically, the only way to fight a non-compete agreement is to go to court. If you are an employee (or former employee) who signed such an agreement, this means you must violate the agreement and wait to be sued. It may be that your former employer has never sued another employee to enforce the non-compete agreement.
A: Under Georgia's Restrictive Covenants Act, employee non-compete agreements are generally enforceable.
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.
Escaping Nonsolicitation AgreementsDon't sign.Build your book independently.Carve out pre-existing relationships.Require for cause termination as the trigger.Provide for a payoff.Turn clients into friends.Don't treat clients as trade secrets.Invest in your own business.
For the most part, Covenants to Not Compete have to be limited in time and scope, depending on the state they are created in. In Georgia, an agreement that keeps a key employee from working for a competitor anywhere in Georgia for 1 year after their employment ends, is probably enforceable against the ex-employee.
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.
