US Legal Forms
Employee Noncompete (Noncompetition) Agreement

Non Compete Agreement

Name: Employee Noncompete (Noncompetition) Agreement
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.66 (469 reviews)

Category:

Employment - Noncompetition

State:

Multi-State

Control #:

US-516EM

Format:

Instant download

Description Noncompete Agreement Template

This Employment & Human Resources form covers the needs of employers of all sizes.

USLF Multistate Employment Law Handbook - Guide

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How to fill out Employee Agreement Form?

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Employee Noncompetition Contract Other Form Names

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Noncompetition Agreement FAQ

What is a noncompete agreement? Keep the group small. Keep the restrictions reasonable and narrow. Provide consideration for the agreement. Get it in writing. Prepare multiple versions if necessary. Concede choice of law/forum. Provisions to include.

Voiding a non-compete contract is possible in certain circumstances. For instance, if you can prove that you never signed the contract, or if you can demonstrate that the contract is against the public interest, you may be able to void the agreement.

On average, non-compete cases cost $10,000 or less. Many times an employer is seeking an injunction, which if the employer loses may result in a quicker resolution. Many times the issues are less factual and more legal. Legal issues require less discovery, which can be the most costly part of litigation.

Study your competition. Write up the agreement. Have your agreement reviewed by a legal professional. Present the non-compete contract to your employee. If everyone is satisfied, sign and date the agreement.

A traditional non-compete stops an employee from working for a competitor in a certain geographical area for a certain amount of time after leaving the company. A non-solicitation agreement prevents an employee from poaching customers, contracts or other employees from the company that first hired them.

Typically, the only way to fight a non-compete agreement is to go to court. If you are an employee (or former employee) who signed such an agreement, this means you must violate the agreement and wait to be sued. It may be that your former employer has never sued another employee to enforce the non-compete agreement.

In contrast, in many industries, a Non-Compete with a duration of 6-months will be considered reasonable, and therefore enforceable. The general rule is that the duration of the agreement should not exceed the time reasonably necessary to protect the employer's legitimate business interests.

Non Compete Agreement

Description Noncompete Agreement Template