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Properties of this Non-Disclosure and Non-Compete Agreement |
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 MS-Word format (.doc) |
4 pages |
1,371 words |
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Document Description:
A Non-Compete Agreement (or Covenant not to Compete – CNC) is generally used to prohibit an employee or independent contractor from working for, or forming a business alliance with a company that competes with yours. Upon signing this agreement, the receiving party agrees not to release trade secrets, sensitive information, customer lists, and product information to another company. This party also agrees not to form a competing business for a certain period in a designated geographic area. This document can also be used between business partners to prevent the parties from competing should they share trade secrets or confidential information.
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