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Non Disclosure Non Compete Agreement
"I need a Non Disclosure Non Compete Agreement for a senior software developer joining my fintech startup in March 2025, with specific focus on protecting our AI algorithms and preventing them from working with competing payment processing companies in New Zealand for 12 months after termination."
1. Parties: Identifies and provides full legal details of all parties to the agreement
2. Background: Explains the context and purpose of the agreement, including the nature of the business relationship
3. Definitions: Defines key terms including 'Confidential Information', 'Competing Activities', 'Territory', and 'Restricted Period'
4. Confidentiality Obligations: Details the obligations regarding confidential information, including use, disclosure, and security measures
5. Non-Compete Provisions: Specifies restrictions on competitive activities, including scope, duration, and geographic limitations
6. Non-Solicitation: Prohibitions on soliciting employees, customers, or suppliers
7. Return of Confidential Information: Requirements for returning or destroying confidential information upon request or termination
8. Duration and Survival: Specifies the term of the agreement and which provisions survive termination
9. Breach and Remedies: Outlines consequences of breach and available remedies including injunctive relief
10. General Provisions: Standard clauses including governing law, jurisdiction, and entire agreement
1. Independent Contractor Relationship: Clarifies the independent nature of the relationship when the agreement is not with an employee
2. Intellectual Property Rights: Additional provisions regarding ownership and protection of IP when relevant to the business relationship
3. Data Protection Compliance: Specific obligations regarding personal data protection when confidential information includes personal data
4. Assignment and Delegation: Provisions regarding the ability to transfer rights and obligations when relevant to larger organizations
5. Conflict Resolution: Alternative dispute resolution procedures if parties prefer to specify mediation or arbitration
6. Exceptions to Confidentiality: Specific carve-outs for certain types of information or disclosures when needed
7. Garden Leave: Provisions for paid non-compete period, typically used in employment contexts
1. Schedule 1 - Confidential Information: Detailed list or categories of information considered confidential
2. Schedule 2 - Restricted Activities: Specific description of prohibited competitive activities
3. Schedule 3 - Territory: Detailed definition of geographic areas where restrictions apply
4. Schedule 4 - Key Competitors: List of specific competitors with whom engagement is prohibited
5. Schedule 5 - Security Measures: Specific requirements for handling and protecting confidential information
6. Appendix A - Acknowledgment Form: Form for receiving party to acknowledge receipt of confidential information
7. Appendix B - Return/Destruction Certificate: Template certificate confirming return or destruction of confidential information
Authors
Competing Activities
Restricted Period
Territory
Intellectual Property Rights
Trade Secrets
Proprietary Information
Business Relationship
Disclosing Party
Receiving Party
Affiliated Companies
Competitors
Customer
Effective Date
Employee
Material Interest
Professional Services
Restricted Business
Termination Date
Unauthorized Disclosure
Permitted Purpose
Related Entities
Representatives
Solicitation
Confidentiality Obligation
Business Hours
Working Day
Protected Information
Security Measures
Competitive Enterprise
Non-Competition
Non-Solicitation
Non-Circumvention
Data Protection
Intellectual Property
Return of Materials
Duration
Territory Restrictions
Permitted Disclosures
Security Measures
Breach Notification
Remedies and Injunctive Relief
Severability
Survival
Assignment
Waiver
Entire Agreement
Governing Law
Jurisdiction
Force Majeure
Notices
Amendment
Independent Contractor
Third Party Rights
Dispute Resolution
Indemnification
Technology
Financial Services
Professional Services
Healthcare
Manufacturing
Research and Development
Retail
Telecommunications
Biotechnology
Engineering
Consulting
Software Development
Media and Entertainment
Education and Training
Real Estate
Executive Leadership
Sales
Business Development
Research and Development
Product Development
Marketing
Operations
Human Resources
Information Technology
Finance
Legal
Customer Success
Engineering
Design
Data Science
Strategy
Chief Executive Officer
Chief Technology Officer
Sales Director
Business Development Manager
Senior Software Developer
Research Scientist
Product Manager
Marketing Director
Senior Consultant
Account Manager
Operations Manager
Human Resources Director
Technical Lead
Financial Controller
Project Manager
Systems Architect
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