Kansas Sample Noncompetition Agreement between two Businesses

State:
Multi-State
Control #:
US-C-9038
Format:
Word; 
Rich Text
Instant download

Description

This is a non-competition agreement which has been entered into by a company and a corporation. Whereas, in order to protect the company's interest in the business, the company's obligation to consummate the purchase agreement is conditioned upon the seller entering into this agreement and agreeing to the restrictive covenants contained within the agreement.
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  • Preview Sample Noncompetition Agreement between two Businesses
  • Preview Sample Noncompetition Agreement between two Businesses
  • Preview Sample Noncompetition Agreement between two Businesses
  • Preview Sample Noncompetition Agreement between two Businesses

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FAQ

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.

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.

In Kansas, there is no state statute or regulation governing non- competes in employment generally. Rule 5.6 of the Kansas Rules of Professional Conduct governs non-compete agreements in the legal industry. In Kansas, there is no state statute or regulation governing non- competes in employment generally.

compete clause is not legally enforceable unless it is reasonable. Whether or not it is reasonable should, under current law, be decided by reference to the circumstances at the time it was entered into.

Non-solicitation clauses that are clear, carefully drafted, and suitably retrained in temporal and spatial terms, are often enforceable.

Non-competes restrict where and when you can work after leaving your current job. Such agreements prohibit an employee from working for a competitor or from starting her own competing business within a geographical area for a certain period of time after leaving her job usually between six months and two years.

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.

In Kansas, there is no state statute or regulation governing non- competes in employment generally. Rule 5.6 of the Kansas Rules of Professional Conduct governs non-compete agreements in the legal industry. In Kansas, there is no state statute or regulation governing non- competes in employment generally.

Typical Criteria Found in Non-Solicitation ClausesThese clauses are enforceable in Kansas as long as they meet certain criteria discussed later. A non-solicitation of clients clause prohibits a former employee of a company to bring over clients from a former employer to a current employer.

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

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Kansas Sample Noncompetition Agreement between two Businesses