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Supplier Non Compete Agreement
"Need a Supplier Non Compete Agreement for our key manufacturing equipment supplier who has access to our proprietary processes, restricting them from working with competitors within a 100-mile radius for 2 years after our contract ends in March 2025."
1. Parties: Identifies the contracting parties and their registered details
2. Background: Sets out the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Restrictions: Details the specific activities that are prohibited
5. Duration: Specifies the time period for which restrictions apply
6. Geographic Scope: Defines the territorial limits of the restrictions
7. Consideration: States the consideration provided for the restrictions
8. Confidentiality: Provisions regarding confidential information
9. Governing Law and Jurisdiction: Specifies applicable law and courts
1. Assignment: Rights to transfer the agreement - include when transfer rights need to be specifically addressed
2. Severability: Provisions for partial invalidity - include when specific clauses might need to be severed while maintaining the rest
3. Non-Solicitation: Restrictions on approaching customers/employees - include when protection against poaching is required
4. Remedies: Specific remedies for breach - include when specific enforcement mechanisms are needed
1. Schedule 1 - Restricted Activities: Detailed list of specific activities prohibited
2. Schedule 2 - Restricted Territory: Detailed definition of geographic restrictions
3. Schedule 3 - Restricted Customers: List of specific customers covered by restrictions
4. Schedule 4 - Restricted Products/Services: Detailed description of products/services covered
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