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Simple Non Compete Agreement
"I need a Simple Non Compete Agreement for a senior software developer leaving our Singapore-based tech startup on March 1, 2025, with a 12-month restriction period focusing on preventing work with direct competitors in Southeast Asia."
1. Parties: Identification of the contracting parties with full legal names and addresses
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used tHRoughout the agreement
4. Scope of Non-Compete: Specific activities restricted and extent of prohibition
5. Duration: Time period for which restrictions apply
6. Geographic Scope: Physical/territorial limitations of the restrictions
7. Consideration: What is being provided in exchange for the non-compete commitment
1. Non-Solicitation: Restrictions on soliciting employees/customers, include when broader protection needed
2. Garden Leave: Provisions for paid leave during restriction period, include for senior executives
3. Severability: Clause allowing rest of agreement to remain valid if parts are found unenforceable
4. Remedies: Specific remedies for breach, include when enforcement mechanisms needed
1. Schedule of Restricted Activities: Detailed list of specific activities covered by the non-compete
2. Schedule of Restricted Territories: Detailed list of geographic areas where restrictions apply
3. Schedule of Compensation: Details of any compensation provided for the non-compete commitment
Authors
Business
Confidential Information
Commencement Date
Competing Business
Effective Date
Employer
Employee
Non-Compete Period
Parties
Protected Business
Restricted Activities
Restricted Area
Restricted Period
Termination Date
Trade Secrets
Territory
Competitive Products
Competitive Services
Customer
Key Customer
Intellectual Property
Proprietary Information
Business Relationships
Restrictive Covenants
Duration
Geographic Scope
Consideration
Confidentiality
Non-Solicitation
Non-Dealing
Non-Disclosure
Acknowledgments
Independent Legal Advice
Severability
Remedies
Injunctive Relief
Notice
Governing Law
Jurisdiction
Assignment
Amendments
Entire Agreement
Survival
Waiver
Force Majeure
Garden Leave
Liquidated Damages
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