Correct image in the Non-Compete Agreement Template

Aug 6th, 2022
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Need to swiftly correct image in Non-Compete Agreement Template? Your search is over - DocHub provides the answer! You can get the job finished fast without downloading and installing any application. Whether you use it on your mobile phone or desktop browser, DocHub enables you to modify Non-Compete Agreement Template anytime, anywhere. Our versatile solution comes with basic and advanced editing, annotating, and security features, suitable for individuals and small businesses. We offer lots of tutorials and instructions to make your first experience effective. Here's an example of one!

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1. Concept. A non-compete clause is a contractual stipulation whereby one party is prohibited from competing against the other contracting party in a similar activity for a certain period. A non-compete clause is valid as a post-employment restriction.
Presently, there are no specific regulations governing non-compete clauses in Singapore. The courts in Singapore follow the principle of reasonableness to ensure that such clauses do not unduly restrict an individuals ability to earn a living or pursue their chosen profession.
The enforceability of such a clause, however, is not absolute. A non-compete clause will only be enforced if it is reasonable and protects a legitimate proprietary interest of the employer.
In Singapore, non-compete clauses are restraint of trade covenants and generally (prima facie) unenforceable.
Moreover, the non-competition clause is enforceable in the UAE based on the geographical area, nature of work and terms of the non-competition clause in an employment contract. This is under Article 12(1) of the Cabinet Resolution No.
Non-Competitive Activity at New Employer: One of the most straightforward ways to overcome a noncompete is by ensuring that your new role with a different employer is in a non-competitive capacity. If youre not engaging in activities that directly compete with your former employers business, you may be in the clear.
On 6 February 2024, the Minister of Manpower (the Minister) had announced that the Ministry of Manpower is working together with the tripartite partners (i.e. the National Trades Union Congress and the Singapore National Employers Federation) to develop guidelines on the reasonable use of restrictive employment
Generally, a non-compete clause, which is commonly found in employment contracts, imposes restrictions on employees from working for competitors after their current employment ends. The enforceability of such a clause, however, is not absolute.

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