Products tagged with 'non-solicitation agreement'

Before you close the purchase of that business you're buying, get the seller to sign this Noncompetition and Nonsolicitation Agreement.

• The person you bought the business from could become your newest competitor, unless you get them to sign this Noncompetition and Nonsolicitation Agreement as a condition of the closing.
• The seller agrees not to operate a business that competes directly or indirectly with the Business you're acquiring for a specified period of time after completion of the sale (non-competition).
• The seller also agrees not to solicit the customers or employees of the purchaser (non-solicitation).
• The purchaser agrees to keep confidential any proprietary information belonging to the seller.
• This is a generic legal form which can be used anywhere.

Employers, ensure that each departing employee signs this Business Protection Agreement upon their termination or resignation.

This Business Protection Agreement is designed to safeguard the interests of employers when an employee's tenure ends, whether through termination or resignation. Employers should require each departing employee to sign this Business Protection Agreement at the time of their termination or resignation.

The agreement outlines essential obligations for departing employees to ensure the ongoing security and integrity of the employer's business operations.

Confidentiality Obligation

By signing the agreement, the employee agrees not to disclose any confidential business information belonging to the employer. This provision helps protect proprietary data, trade secrets, and other sensitive materials from unauthorized dissemination.

Non-Competition Obligation

The departing employee agrees not to engage in any business activities that directly compete with the employer’s business for a designated period following their departure. This restriction is intended to prevent former employees from leveraging insider knowledge to gain an unfair competitive advantage.

Non-Solicitation Commitment

Additionally, the employee commits to refraining from soliciting the employer's staff or customers with the intent to induce them to leave or transfer their business. This clause helps maintain the stability of the employer’s workforce and customer relationships.

Jurisdiction and Format

This agreement template is suitable for use in multiple jurisdictions, as it does not include any country-specific language. It is available in Microsoft Word format for ease of customization and implementation.

Whether you're buying or selling a business, make sure the other party continues the negotiations by getting this USA No-Shop Agreement signed at the outset.

• This agreement can be used anywhere in the United States.
• The parties to the transaction agree that they will not consider other offers or approach other potential purchasers while the negotiations between them are ongoing.
• This free template can be used by business brokers and by buyers or sellers in non-brokered transactions.
• Available in MS Word format. Easy to download and use.

Reduce the risk of unauthorized use of your confidential information with this easy to use Non-Piracy Agreement for USA businesses.

• This type of agreement (also called a non-solicitation agreement) is perfectly suited for your company's dealings with outside consultants, contractors, and other third parties who may need access to your confidential business records and data to perform their duties.
• The outside party agrees not to approach any of your customers, suppliers or personnel during the tenure of your relationship. In other words, they agree not to "pirate" any of your relationships that they have learned about during the course of their dealings with you.
• This is a downloadable template in MS Word format that you can use as often as you require.
• If recent news stories have taught us anything, it's that you can't be too diligent. The Non-Piracy Agreement form is another tool you can use to protect and preserve your competitive edge.
• Governed by the laws of the United States.