Document background
The Vendor Non-Compete Agreement is essential for businesses operating in Ireland who need to protect their legitimate business interests when engaging vendors who may gain access to sensitive information, processes, or business relationships. This document is particularly crucial when vendors will have significant insight into proprietary methods, customer relationships, or strategic plans. The agreement must be carefully drafted to comply with Irish competition law and common law principles, ensuring that restrictions are reasonable in scope, duration, and geographic reach to be enforceable. It typically includes detailed provisions about prohibited activities, temporal and geographical limitations, and consequences of breach, while balancing the company's need for protection with the vendor's right to conduct business. The document is designed to protect the principal company's interests while maintaining compliance with both Irish and EU competition regulations.
