Document background
The Vendor Non Compete Agreement is utilized when a company needs to protect its legitimate business interests while engaging with vendors who may gain access to sensitive information, trade secrets, or strategic advantages. This document, governed by Dutch law, establishes clear boundaries for post-relationship competition and includes specific provisions regarding duration, geographic scope, and prohibited activities. It's particularly relevant when vendors have access to proprietary information, customer relationships, or unique business methodologies. The agreement must comply with Dutch civil code requirements and competition laws, ensuring reasonable restrictions that courts would enforce. Typical circumstances for its use include engaging specialized service providers, consultants, or suppliers who could potentially become competitors.
