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Non Compete In Severance Agreement
"I need a Non Compete In Severance Agreement for our Dubai-based Chief Technology Officer who will be leaving on March 1, 2025, with access to sensitive technical information and client relationships across the GCC region."
1. Parties: Identification of the employer and employee, including full legal names and addresses
2. Background: Context of the employment relationship, reason for termination, and basis for the agreement
3. Definitions: Key terms used throughout the agreement, including 'Restricted Business', 'Territory', 'Confidential Information', etc.
4. Termination and Severance: Details of employment termination date and severance package components
5. Non-Compete Obligations: Specific restrictions on competitive activities, duration (max 2 years per UAE law), and geographical scope
6. Non-Solicitation: Restrictions on soliciting employees, customers, or suppliers
7. Confidentiality: Obligations regarding confidential information and trade secrets
8. Severance Payment Terms: Amount, timing, and method of severance payments
9. Return of Company Property: Requirements for returning company assets and information
10. Acknowledgments: Employee's confirmation of understanding and voluntary acceptance
11. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes
12. General Provisions: Standard clauses including severability, entire agreement, and amendments
1. Garden Leave: Used when implementing a paid non-work period before termination
2. International Restrictions: Include when the employee's activities span multiple jurisdictions
3. Intellectual Property Rights: Required when the employee had access to or created IP during employment
4. Post-Termination Assistance: Include when requiring employee cooperation for transition or pending matters
5. Tax Provisions: Include when tax implications need specific addressing or for international employees
6. Release of Claims: Optional mutual release of potential legal claims
7. Reference and Announcements: Include when parties agree on specific communication about the departure
1. Schedule 1 - Severance Calculation: Detailed breakdown of severance payment components and calculations
2. Schedule 2 - Restricted Territory: Detailed map or list of geographical areas covered by non-compete restrictions
3. Schedule 3 - Restricted Customers: List of specific customers covered by non-solicitation provisions
4. Schedule 4 - Company Property: Itemized list of company property to be returned
5. Appendix A - Acknowledgment Form: Separate signature page confirming understanding of restrictions
6. Appendix B - Confidential Information: Detailed description of confidential information covered by restrictions
Authors
Business Day
Company
Confidential Information
Effective Date
Employee
Group Company
Intellectual Property Rights
Notice Period
Restricted Business
Restricted Clients
Restricted Period
Restricted Territory
Severance Payment
Termination Date
Trade Secrets
Competitive Business
Material Interest
Prospective Client
Protected Information
Business Connection
Capacity
Compensation
Key Personnel
Products and Services
Relevant Business
Supplier
Working Hours
Confidentiality Obligations
Garden Leave
Severance Payment
Non-Competition
Non-Solicitation
Confidentiality
Return of Property
Intellectual Property
Garden Leave
Payment Terms
Release of Claims
References
Governing Law
Jurisdiction
Dispute Resolution
Severability
Waiver
Assignment
Entire Agreement
Amendment
Third Party Rights
Notice
Force Majeure
Acknowledgment
Further Assurance
Counterparts
Costs
Compliance with Laws
Data Protection
Technology
Financial Services
Professional Services
Healthcare
Telecommunications
Manufacturing
Retail
Energy
Real Estate
Consulting
Pharmaceuticals
Media and Entertainment
Human Resources
Legal
Finance
Executive Leadership
Sales
Business Development
Research and Development
Operations
Information Technology
Product Development
Customer Success
Chief Executive Officer
Chief Financial Officer
Chief Technology Officer
Sales Director
Business Development Manager
Senior Software Engineer
Product Manager
Account Executive
Regional Manager
Research Director
Technical Lead
Senior Consultant
Head of Operations
Marketing Director
Senior Investment Analyst
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