Puerto Rico Consulting Agreement for Independent Consultant with NonCompetition Clause
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How to fill out Consulting Agreement For Independent Consultant With NonCompetition Clause?
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FAQ
A consulting contract should offer a detailed description of the duties you will perform and the deliverables you promise the client. The agreement may also explain how much work you will perform at the client's office and how often you will work remotely.
Non-compete clauses in employment contracts are valid and enforceable in Puerto Rico under general freedom of contract principles but must comply with requirements established by the Supreme Court of Puerto Rico.
The form of consulting agreement should include a detailed description of the consulting services. The compensation clause should include specifics including the amount of compensation, the payment schedule, and any invoicing requirements put on the consultant.
During the course of your employment, You agree not to work for or provide any services to any competitor of the Company. Neither shall you engage in any competitive activity with respect to the Company.
NON-COMPETITION CLAUSE The parties agree that during the term of employment and for a period of up to 12 months after the expiry of the agreed notice period (such 12-month period referred to as the "Restricted Period"), the Executive shall not be entitled to be employed by, directly or indirectly offer services to, ...
To get out of a non-compete agreement, the simplest step is simply to ignore it. Set up your new business or get hired by the rival firm, and if your former employee does nothing to try to enforce the agreement then it's void.
Typically, non-compete agreements arise between an employee and employer or a purchaser and seller of a business. The agreement typically provides that the employee (or seller of a business) will not enter into the field of work, or a similar field, to that of the employer (or purchaser) for a certain length of time.
It's much more common for a consultant to charge for their work on a large, per-project basis, while independent contractors are more likely to charge an hourly fee.
