This Non-compete Agreement is dated ……(date)…. by and between …( 1st party, name of company or individual), having its registered office at …(address).., India (2nd party, name of company or individual), having its registered office at …(address).. India. The parties to this Agreement wish to engage in arrangement regarding present and/or potential future business
relationships. …(State type of business)………..
A. At all times while this agreement is in force and after its expiration or termination, (2nd party, name of company or individual) agrees to refrain from disclosing ( 1st party, name of company or individual)’s trade secrets, or other confidential matters.
B. At all times while this agreement is in force and after expiration or termination of this agreement, (2nd party) agrees not to compete, directly or indirectly, with (1st party) for a period of (number) years within (state the geographic area in which the individual may not compete in).
C. This agreement is effective as of the (Effective Date) and ends at the end of the Restricted Period, unless earlier terminated.
D. Upon violation of this agreement, (2nd party) shall return to (1st party) all Company property in amount….
Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here
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