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Non Compete Agreement
"I need a Non Compete Agreement for a senior software developer leaving our Singapore-based fintech company, restricting them from working with competitors within Southeast Asia for 12 months starting March 2025."
1. Parties: Identification of the parties entering into the agreement, including full legal names and addresses
2. Background: Context of the agreement, including the employee's former position and access to confidential information
3. Definitions: Key terms used throughout the agreement, including 'Restricted Business', 'Territory', 'Restricted Period'
4. Non-Compete Obligations: Core restrictions including duration, geographic scope, and prohibited activities
5. Duration and Territory: Specific timeframe and geographical boundaries of the restrictions
6. Consideration: The compensation or benefit provided in exchange for the non-compete obligations
7. Governing Law: Specification of Singapore law as governing law
1. Non-Solicitation Provisions: Additional restrictions on soliciting employees or customers
2. Garden Leave: Provisions for paid leave during notice period
3. Severability: Provisions allowing court modification of unreasonable terms
4. Remedies: Specific remedies for breach including injunctive relief
1. Schedule 1 - Restricted Territory: Detailed map or list of geographic areas covered by restrictions
2. Schedule 2 - Restricted Business Activities: Detailed description of prohibited business activities
3. Schedule 3 - Consideration Details: Breakdown of any financial compensation or benefits
4. Appendix A - Confidential Information: List of specific confidential information accessed during employment
Authors
Business
Confidential Information
Commencement Date
Competing Business
Company
Customer
Effective Date
Employee
Employer
Group
Intellectual Property Rights
Notice Period
Prohibited Activities
Protected Information
Restricted Business
Restricted Customers
Restricted Period
Restricted Territory
Restraint Period
Services
Subsidiary
Term
Territory
Trade Secrets
Non-Competition
Non-Solicitation
Confidentiality
Duration and Territory
Consideration
Acknowledgments
Reasonableness
Independent Legal Advice
Severability
Remedies
Injunctive Relief
Assignment
Governing Law
Jurisdiction
Entire Agreement
Amendments
Notices
Survival
Force Majeure
Garden Leave
Return of Property
Third Party Rights
Waiver
Interpretation
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