This non-competition agreement has been made between a buyer and a seller. Seller acknowledges and agrees that all confidential information known or obtained by seller, whether before or after the date hereof, is the property of the company. Therefore, seller agrees that seller will not, at any time, disclose to any unauthorized persons or use for his own account or for the benefit of any third party any confidential information.
Montana Sample Noncompetition Agreement - Stock Sale
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Multi-State
Control #:
US-C-9147
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Word;
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How to fill out Montana Sample Noncompetition Agreement - Stock Sale?
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FAQ
Non-solicitation clauses that are clear, carefully drafted, and suitably retrained in temporal and spatial terms, are often enforceable. An appropriate clause will serve the purpose of protecting the employer without unduly compromising a person's ability to work in their industry.
Despite the similarity of the language, Montana does not follow the lead of California (or Oklahoma or North Dakota, which also have Field Code-based statutes that they interpret to ban noncompetes). Rather, Montana permits noncompetes, so long as they do not operate as a complete restraint on an employee's work.
You Can Void a Non-Compete by Proving Its Terms Go Too Far or Last Too Long. Whether a non-compete is unenforceable because it covers too large of a geographical area or it lasts too long can depend on many factors. Enforceability can depend on your industry, skills, location, etc.
By Janet A. In California, North Dakota, the District of Columbia, and Oklahoma, non-competes are either entirely or largely unenforceable as against public policy. Other states, including Maine, Maryland, New Hampshire, Rhode Island, and Washington, have banned non-compete agreements for low-wage workers.
Under this rule, a non-compete agreement is enforceable if: (1) the covenant is limited to time and place; (2) the covenant is based on a good consideration; and (3) the covenant affords a reasonable protection for and does not impose an unreasonable burden upon the employer, the employee or the public.
In concluding that noncompetes are enforceable in Montana, the court explained, Placed side by side, the tests for enforcement of covenants not to compete in Illinois and Montana do not appear to be meaningfully different. 2012 WL 13019002, 3.
California State Law and Employee Non-Solicitation Agreements. California courts have already determined that non-disclosure and client/customer non-solicitation agreements are not valid or enforceable.
Montana - Non-compete clauses are not enforceable except with the sale of a business or the dissolution of a partnership. Montana courts also do not generally uphold non-solicitation clauses.
After expiration or termination of this agreement, employee name agrees not to compete with company name for a period of number years within a number mile radius of company name and location.
The Employee specifically agrees that for a period of months/years after the Employee is no longer employed by the Company, the Employee will not engage, directly or indirectly, either as proprietor, stockholder, partner, officer, employee or otherwise, in the same or similar activities as were performed for
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