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Non Compete Partnership Agreement
"I need a Non Compete Partnership Agreement for a software development consultancy in Switzerland, with three founding partners who will be restricted from competing within the Swiss and German markets for 2 years after leaving the partnership."
1. Parties: Identification and details of all partnership parties entering into the agreement
2. Background: Context of the partnership and reasons for entering into the non-compete agreement
3. Definitions: Defined terms used throughout the agreement, including specific business activities, territory, and competition-related terms
4. Partnership Scope: Definition of the partnership's business activities and each partner's roles and responsibilities
5. Non-Compete Obligations: Specific restrictions on competitive activities, including duration, geographic scope, and prohibited activities
6. Duration and Territory: Temporal and geographical limitations of the non-compete obligations, ensuring compliance with Swiss law requirements
7. Confidentiality: Obligations regarding the protection and non-disclosure of partnership confidential information
8. Consideration: Specific benefits or compensation provided in exchange for the non-compete obligations
9. Remedies and Enforcement: Consequences of breach and enforcement mechanisms, including potential liquidated damages
10. Termination: Circumstances under which the agreement can be terminated and the effects of termination
11. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for dispute resolution
1. Garden Leave: Provisions for paid non-competition period after active partnership ends, if applicable
2. Customer Non-Solicitation: Additional restrictions on approaching partnership customers, if separate from general non-compete
3. Employee Non-Solicitation: Restrictions on hiring or soliciting partnership employees, if required
4. Intellectual Property Rights: Specific provisions regarding IP ownership and usage, if relevant to the partnership
5. Post-Partnership Obligations: Specific duties and restrictions that continue after partnership termination
6. Compliance with Industry Regulations: Additional compliance requirements for regulated industries
7. Assignment and Succession: Rules regarding transfer of partnership interests and succession planning
1. Schedule 1: Restricted Business Activities: Detailed list of specific business activities covered by non-compete obligations
2. Schedule 2: Territory Definition: Detailed description or maps of geographic areas covered by restrictions
3. Schedule 3: Partnership Assets: Inventory of partnership assets and resources subject to protection
4. Schedule 4: Consideration Details: Detailed breakdown of compensation or benefits provided for non-compete obligations
5. Appendix A: Confidential Information: Specific categories and examples of confidential information covered
6. Appendix B: Key Customers and Contacts: List of important business relationships protected by the agreement
Authors
Professional Services
Management Consulting
Legal Services
Medical Practices
Financial Services
Technology & Software Development
Engineering Services
Architecture & Design
Accounting & Tax Services
Business Advisory
Investment Management
Real Estate Development
Marketing & Advertising
Research & Development
Legal
Executive Leadership
Partnership Board
Corporate Development
Business Development
Professional Practice
Operations
Strategy
Mergers & Acquisitions
Risk Management
Compliance
Partnership Governance
Managing Partner
Senior Partner
Executive Director
Chief Executive Officer
Practice Head
Department Director
Professional Partner
Founding Partner
Investment Partner
Business Development Director
Regional Manager
Service Line Leader
Division Head
Managing Director
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