Work smarter, not harder with DOC Non-Compete Agreement Template Templates to Download in 2024

Aug 6th, 2022
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How to DOC Non-Compete Agreement Template Templates to Download in 2024

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- Hi, everyone. Im attorney Aiden Durham with 180 Law Co in Denver, Colorado, and welcome back to all up in my messy, disgusting moving business. Just kidding. Its All Up In Yo Business. (upbeat guitar music) In this episode of All Up In Yo Business, Im gonna break down some of the basics of non-compete agreements, tell you guys what they are, why theyre important, and kind of generally how they work in the law. But before we get into it, please be sure to like, subscribe and share, and dont forget to check the description for some links to additional information and resources. And finally, as with last time, Im moving. Well, Ive recently moved, and Im still in the process of unpacking and getting stuff organized, so ignore the terrible mess behind me and bear with me while things get adjusted around here, okay? Thanks. So, what is a non-compete agreement? A non-compete, also known as a non-competition, a covenant not to compete, a non-compete agreement is a restrictive cove

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During the course of your employment, You agree not to work for or provide any services to any competitor of the Company. Neither shall you engage in any competitive activity with respect to the Company.
For example, a non-compete clause can prevent a consultant from bringing her current clients to a new consulting firm. Alternatively, a noncompete clause could prevent that consultant from joining a new consulting firm for a specified period of time after she stops working for her initial company.
During the course of your employment, You agree not to work for or provide any services to any competitor of the Company. Neither shall you engage in any competitive activity with respect to the Company.
A non-compete agreement is only used between an employee and a business to specify who may hire them should they leave the company. An NDA is much broader and is used to protect any personal or business-related information that one or both parties want to remain confidential.
A Non-Compete Agreement typically lasts six months to two years, but varies depending on your states laws. A judge is likely to find anything longer than that to be unreasonable, and an indefinite agreement is out of the question.
Employee agrees that for [months/years] after Employee is no longer employed by the Company, Employee will not directly or indirectly solicit, agree to perform or perform services of any type that the Company can render (Services) for any person or entity who paid or engaged the Company for Services, or who
It is possible to find non-compete loopholes in certain circumstances in order to void a non-compete contract. 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.
As for a time limit on a non-compete agreement, most employers see between six months and two years as a reasonable non-compete time frame, with one year being quite common. However, the time frame depends on the industry and type of career path the individual has.

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