Non Compete Agreement Insurance Agent Template for Australia

1. Garden Leave: Optional provisions for paid leave during notice period, used when immediate removal from active duty is desired

2. Training Costs Repayment: Provisions for repayment of training costs if the agent leaves within a specified period, used when significant training investment is involved

3. Commission Trail: Provisions regarding ongoing commissions from existing clients, used when trailing commissions are part of the compensation structure

4. Post-Termination Assistance: Requirements for transition assistance after termination, used when complex client relationships need handling

5. Dispute Resolution: Specific procedures for resolving disputes, used when parties prefer alternative dispute resolution methods

6. Insurance Requirements: Obligations to maintain professional insurance coverage, used when ongoing insurance coverage is critical

1. Schedule 1 - Restricted Territory: Detailed description of geographic areas covered by non-compete restrictions

2. Schedule 2 - Restricted Clients: List of specific clients or client categories covered by non-solicitation provisions

3. Schedule 3 - Confidential Information: Detailed list of types of confidential information covered by the agreement

4. Schedule 4 - Commission Structure: Details of any ongoing commission arrangements or calculations

5. Appendix A - Acknowledgment Form: Form for the agent to acknowledge understanding and acceptance of restrictions

6. Appendix B - Exit Procedures: Detailed procedures for handling client transitions upon termination