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What is the wording for a non-compete clause?

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

What is a reasonable non-solicitation clause?

Non-Competition / Non- Solicitation Services These are sometimes enforceable against employees in Alberta, but often they are not. A very basic example of a non-solicitation clause is, Employee shall not solicit the clients of Employer for a period of 12 months after termination of employment for any reason.

What is the meaning of non solicit?

Meaning of non-solicitation in English the fact of not taking a companys customers or employees with you when you stop working for it as an employee yourself: All employees of the company must sign a non-solicitation agreement. The non-solicitation period in the employment agreement is 24 months. Fewer examples.

What is an example of a non solicit clause?

This might look something like this: During the term of this Agreement and for a one (1) year term thereafter, (Contractor Name) shall not solicit or encourage any employee, vendor, independent contractor, or client of (Company Name) to leave or terminate their relationship with (Company Name) for any reason.

What are the elements of a non-compete agreement to be valid?

For the court to enforce a non-compete clause, the agreement must be reasonable and fair to the employee and specific in its restrictions. When the agreement covers a short duration of time, such as six months to one year, and a not-too-large geographical location, the employer may obtain an edge in enforcing it.

What voids a noncompete agreement?

Common bdocHubes include non-payment of wages or substantially changing your role. Lack of Legitimate Business Reason for the Non-Compete: Non-compete agreements must serve a legitimate business interest, such as protecting trade secrets or customer relationships. Otherwise, the non-compete is unenforceable.

How long should a non-solicitation clause last?

The duration and scope of a non-solicitation clause depends on the field of business in which the company operates and its type of clientele. Depending on the employment contract, it may remain in force up to one (1) year after the end of the employment relationship and may apply nationwide.

How do you get around a non-solicitation clause?

Escaping Nonsolicitation Agreements Dont sign. Build your book independently. Carve out pre-existing relationships. Require for cause termination as the trigger. Provide for a payoff. Turn clients into friends. Dont treat clients as trade secrets. Invest in your own business.

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