Document background
The Non-Compete Agreement For Existing Employees is a crucial document used in Australian business contexts when companies need to protect their legitimate business interests, including confidential information, customer relationships, and competitive advantage. This agreement is particularly relevant when existing employees are promoted, given access to sensitive information, or receive additional benefits warranting new restrictive covenants. The document must comply with Australian competition law principles and provide adequate consideration to be enforceable. It typically includes specific provisions about restricted activities, geographical limitations, duration of restrictions, and must be reasonable in scope to be upheld by Australian courts. The agreement should be tailored to the specific role and circumstances of each employee while maintaining compliance with both federal and state legislation.
