Not compete complete 2026

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This document is a Covenant Not to Compete agreement between a corporation and an individual, outlining the terms under which the individual agrees not to engage in the foundation and structural repair business for a specified period and within certain geographic limits. It includes provisions regarding confidentiality, remedies for breach, and legal enforcement, ensuring protection of the corporation's business interests.

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Click ‘Get Form’ to open the not compete complete document in the editor.
Begin by filling in the date at the top of the form. This is crucial as it marks the effective date of the agreement.
Next, enter the names of the parties involved in the agreement. Ensure that you accurately represent both entities to avoid any legal complications.
In the sections regarding payment and terms, specify the amount agreed upon for consideration. This is essential for validating the contract.
Fill out the duration of non-compete restrictions and geographical limitations clearly. This defines how long and where these restrictions apply.
Review all clauses carefully, especially those concerning confidentiality and remedies for breach, ensuring they align with your intentions.
Finally, sign and date the document electronically within our platform, ensuring all parties have access to a copy for their records.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Did the non-compete law pass?

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.

Are non-competes now banned?

Action by the FTC The Federal Trade Commissions (FTC) 2024 rule adoption was rejected by multiple federal courts last fall. Many expected the incoming Trump administration to abandon challenges to non-compete agreements that did not happen.

Did the government pass the non-compete law?

In August 2024, the U.S. District Court for the Northern District of Texas invalidated and set aside the FTC noncompete rule, finding it exceeded the FTCs authority and was arbitrary and capricious.

What happens if you break your noncompete?

Frequently Asked Questions. What is a non-compete agreement? A non-competition agreement (non-compete) prohibits an employee from working for a competitor or opening a competing business, typically for a certain period of time after an employee leaves a job.