August 23, 2023
A non-solicitation agreement is a legal document used by companies to prevent employees from soliciting their clients or customers for a set period after leaving the company. It`s essential to have this agreement in place to protect the company`s intellectual property, trade Secret, or confidential information.
Here`s a sample non-solicitation agreement that can be used in your company.
[COMPANY NAME] Non-Solicitation Agreement
This Non-Solicitation Agreement (the “Agreement”) is made and entered into as of _______________ by and between [Company Name], with its principal place of business at _______________ (the “Company”) and _______________ (the “Employee”).
1. Non-Solicitation Covenant. Employee agrees that, during the period beginning on the date of Employee`s termination of employment, whether voluntary or involuntary, and ending _____________ months thereafter (the “Restricted Period”), Employee will not, directly or indirectly, solicit, contact, or attempt to solicit or contact any of the Company`s clients or customers with whom Employee had material contact or about whom Employee has material knowledge gained from his/her employment with the Company.
2. Acknowledgment. Employee acknowledges and agrees that the restrictions and covenants contained in this Agreement are reasonable and necessary to protect the Company`s legitimate business interests, including the protection of its proprietary or confidential information, and that Employee`s compliance with these restrictions and covenants will not place an undue burden on Employee`s ability to earn a livelihood.
3. Enforcement. Employee acknowledges that a breach of this Agreement would cause irreparable harm to the Company. In the event of any breach by Employee of any of the provisions contained in this Agreement, the Company shall be entitled to seek an injunction restraining Employee from engaging in any activity prohibited by this Agreement, and any other remedies available at law or in equity.
4. Severability. If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
5. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of _______________.
6. Entire Agreement. This Agreement constitutes the entire understanding and agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations, discussions, agreements, and understandings between the parties.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
In conclusion, a non-solicitation agreement is an important document that can protect your company`s interests. It`s crucial to work with an experienced attorney to draft an agreement that suits your company`s specific needs. Make sure to have your employees sign the agreement as a condition of their employment or before they leave the company.