Non-Compete Agreement

A non-compete agreement is a legal contract between an employer and an employee that prohibits the employee from working for competing businesses or starting a competing business within a specific time frame and geographic area after leaving the employer. The purpose of a non-compete agreement is to protect the employer’s proprietary information, trade secrets, and client relationships. These agreements are typically used to prevent employees from joining or starting a competing company that could leverage the knowledge or skills they gained during their employment. Non-compete agreements must be reasonable in scope, duration, and geographic area to be enforceable, and they may vary by jurisdiction.