¶¶Òõ¶ÌÊÓƵ

All Countries
Employment
Compensation For Non Compete Agreement

Compensation For Non Compete Agreement Template for Switzerland

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Compensation For Non Compete Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Compensation For Non Compete Agreement

"I need a Compensation For Non Compete Agreement for our departing Chief Technology Officer who has extensive knowledge of our proprietary AI algorithms and client relationships; the agreement should cover a 2-year period starting March 2025, with monthly compensation of 50% of their final salary."

Celebrated by
Collaborations with
Investors
Document background
The Compensation For Non Compete Agreement is a crucial document used when a Swiss employer wishes to prevent former employees from engaging in competitive activities after their employment ends. This document becomes necessary when employees have access to customer information, manufacturing secrets, or other confidential business information that could significantly harm the employer if used by competitors. Under Swiss law, particularly the Swiss Code of Obligations, non-compete restrictions must be accompanied by adequate compensation to be enforceable. This agreement details the compensation structure, restricted activities, geographical scope, and duration of the non-compete obligation, ensuring compliance with Swiss legal requirements while protecting the employer's legitimate business interests.
Suggested Sections

1. Parties: Identification of the employer and employee, including full legal names and addresses

2. Background: Context of the agreement, including the employee's role and access to sensitive information

3. Definitions: Key terms used in the agreement, including 'Competitive Activity', 'Confidential Information', 'Territory', etc.

4. Scope of Non-Compete: Detailed description of prohibited competitive activities and business areas

5. Duration: Time period of the non-compete obligation (maximum 3 years under Swiss law)

6. Geographic Scope: Definition of the territorial boundaries where the non-compete applies

7. Compensation Structure: Detailed terms of the compensation, including amount, payment schedule, and calculation method

8. Payment Terms: Specifics about payment timing, method, and any conditions affecting payment

9. Employee Obligations: Specific duties of the employee during the non-compete period

10. Breach and Remedies: Consequences of breach, including any contractual penalties and enforcement mechanisms

11. Governing Law: Confirmation of Swiss law application and jurisdiction

12. Signatures: Execution block for both parties

Optional Sections

1. Garden Leave: Used when the agreement includes provisions for a garden leave period before the non-compete begins

2. Reduction Clause: Allows court modification of terms if found too restrictive, helping preserve enforceability

3. Early Termination: Conditions under which the non-compete may be terminated early

4. Customer Non-Solicitation: Additional restrictions on customer contact, if applicable

5. Employee Non-Solicitation: Additional restrictions on recruiting former colleagues, if applicable

6. Tax Provisions: Special tax considerations for the compensation payments

7. Insurance and Benefits: Any continuing benefits during the non-compete period

8. Alternative Employment: Provisions for approval of non-competing employment during the restriction period

Suggested Schedules

1. Schedule 1 - Compensation Calculation: Detailed formula and examples for calculating the compensation amount

2. Schedule 2 - Restricted Territory: Detailed maps or lists of geographical areas covered by the restriction

3. Schedule 3 - Restricted Companies: List of specific competitors or companies where employment is prohibited

4. Schedule 4 - Payment Schedule: Detailed timeline of compensation payments

5. Appendix A - Employee's Current Role and Responsibilities: Description of current position justifying the scope of restrictions

6. Appendix B - Confidential Information Access: Documentation of the sensitive information the employee has access to

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions









































Clauses



































Relevant Industries

Technology

Financial Services

Pharmaceutical

Manufacturing

Professional Services

Biotechnology

Chemical Industry

Consumer Goods

Healthcare

Insurance

Management Consulting

Software Development

Research and Development

Investment Banking

Private Equity

Relevant Teams

Executive Leadership

Research & Development

Sales

Product Development

Information Technology

Business Development

Client Services

Operations

Engineering

Investment

Scientific Research

Strategy

Professional Services

Customer Success

Technical Operations

Relevant Roles

Chief Executive Officer

Chief Technology Officer

Chief Financial Officer

Senior Software Engineer

Sales Director

Research Director

Product Manager

Business Development Manager

Key Account Manager

Technical Lead

Senior Consultant

Head of Operations

Investment Manager

Regional Director

Vice President of Sales

Chief Scientific Officer

Head of Research

Senior Project Manager

Managing Director

Principal Engineer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Deferred Compensation Agreement

A Swiss law agreement establishing terms for delayed employee compensation payment, complying with federal and cantonal requirements for deferred remuneration arrangements.

find out more

Bonus Agreement

A Swiss law-governed agreement establishing terms for employee bonus payments, including performance criteria, payment conditions, and statutory requirements.

find out more

Transaction Bonus Agreement

A Swiss law agreement establishing terms for transaction-related bonus payments to key employees, typically used in M&A and corporate restructuring scenarios.

find out more

Transition Bonus Agreement

A Swiss law agreement establishing terms for a special bonus payment during an employee's transition period, including duties, payment terms, and compliance requirements.

find out more

Severance Payment Agreement

A Swiss law-governed agreement that establishes the terms and conditions of an employee's severance package, including payment terms and mutual obligations.

find out more

Severance Pay Non Compete Agreement

Swiss-law agreement combining severance payments with non-compete restrictions, balancing employer protection with employee compensation.

find out more

Salary Deferral Agreement

A Swiss law agreement establishing terms for deferring employee salary payments to future dates, including payment conditions and tax implications.

find out more

Compensation For Non Compete Agreement

A Swiss law-governed agreement establishing compensation terms for an employee's post-employment non-compete obligations.

find out more

Employee Retention Bonus Agreement

A Swiss-law governed agreement offering employees a financial bonus for remaining with the company for a specified period, subject to defined terms and conditions.

find out more

Restricted Stock Award Agreement

A Swiss law agreement documenting the grant of restricted company shares to employees, including vesting conditions and transfer restrictions.

find out more

Hiring Bonus Agreement

A Swiss law-governed agreement outlining the terms and conditions of a bonus payment made to a new employee upon joining the company.

find out more

Commission Pay Agreement

A Swiss law-governed agreement establishing commission-based compensation terms between employer and employee/agent, outlining payment structure and performance metrics.

find out more

Deferred Salary Agreement

Swiss law-governed agreement establishing terms for deferring employee salary payments, including calculation methods and regulatory compliance requirements.

find out more

Equity Grant Agreement

A Swiss-law agreement establishing terms for granting company equity to employees or other eligible participants, including vesting conditions and regulatory compliance requirements.

find out more

Compensation Confidentiality Agreement

A Swiss law-governed agreement protecting confidential compensation information and establishing handling obligations for sensitive remuneration data.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.