Non-Compete Agreement Template
Download free non-compete agreement template and grow your business
A free non compete agreement template that outlines the clauses that prohibit one party from competing against the other for a specified period. Users can save time and money by tailoring the agreement to their specific needs, ensuring professional delivery of the terms.
Start using the Non-Compete Agreement Template by SIGN.PLUS, and take the first step towards a clear communication of terms delivered in a professional legal contract process.
Non-compete agreements (NCAs) specify the terms and conditions of the agreement between an employer and an employee or between two businesses. The agreement typically prohibits the employee or the business from engaging in similar activities or working for a competitor for a certain period of time after the employment or business relationship ends. Explore other free and available contract templates.
What is a non compete agreement template?
The free non compete agreement template, also known as NCA, or as non-compete clause, is a legal contract where one party agrees to avoid starting a similar profession or trade in competition against another party. Non-compete agreements are commonly used in industries where employees have access to sensitive information, such as technology, sales and customer data.
What’s in this free non-compete agreement template?
Download now for free to get your non-compete agreement sample. Use SIGN.PLUS to edit, fill out, and sign your agreement template online.
We’ve created this simple non compete template to save you time and money when it comes to streamlining your workflow. With SIGN.PLUS, these documents can be signed online right away. You just need to customize the template based on your own requirements and send it for signature through your fully encrypted dashboard.
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The non-compete agreement should use clear and specific language to describe the prohibited activities, timeframe, and geographic location. Avoid vague or ambiguous terms that could be subject to interpretation or confusion.
Every non-compete agreement should be tailored to the specific circumstances of the agreement. Consider the industry, geographic location, and the employee's position when drafting the agreement. One size does not fit all.
In exchange for signing the non-compete agreement, offer the employee or business some form of consideration such as monetary compensation, training, or access to confidential information. This shows good faith and makes the agreement more enforceable.
The non-compete agreement should have a reasonable duration and geographic scope. Avoid overly restrictive terms that could prevent the employee or business from earning a living or pursuing their career.
The enforceability of non-compete agreements can vary depending on the jurisdiction, the industry, and the specific circumstances of the agreement. In some states, NCAs are not enforceable or are heavily regulated. It's important to consult with a legal professional to ensure that the agreement complies with local laws and regulations.
No. Non-compete agreements are typically used for employees who have access to confidential information, trade secrets, or have a direct impact on the employer's business interests. Requiring all employees to sign an NCA, regardless of their position or job duties, could be seen as overly restrictive and unenforceable.
Yes. Non-compete agreements can be used for independent contractors or freelancers, but the terms of the agreement should be reasonable and tailored to the specific circumstances of the relationship. For example, the geographic scope and duration of the NCA may be different for an independent contractor than for a full-time employee.
If an employee violates a non-compete agreement, the employer may be entitled to seek damages or an injunction to prevent the employee from continuing to compete. The specific remedies available may vary depending on the jurisdiction and the terms of the agreement. It's important to consult with a legal professional to understand the options available in case of a breach.
SIGN.PLUS free and simple non compete agreement template is the perfect solution for businesses of all sizes. With our easy-to-use template, you can customize your agreement to meet the unique needs of your business and ensure that all the necessary details are included.
Download our free non compete agreement template now, customize the template based on your requirements and utilize SIGN.PLUS free electronic signature tool to streamline and define your needs today.
DISCLAIMER: The information on this site is for general information purposes only, and SIGN.PLUS cannot guarantee that all the information on this site is current or accurate. This is not intended to be legal advice and should not be a substitute for professional legal advice. For legal advice, consult a licensed attorney regarding your specific legal questions.
