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International Non Compete Agreement
"I need an International Non Compete Agreement governed by Singapore law for our outgoing Chief Technology Officer who will be leaving in March 2025, with specific focus on restricting competition in Southeast Asia and China for 24 months."
1. Parties: Identification and details of the contracting parties, including registered addresses and company registration numbers
2. Background: Context of the agreement, including the business relationship between parties and reason for non-compete provisions
3. Definitions: Key terms used tHRoughout the agreement including 'Restricted Business', 'Territory', 'Restricted Period'
4. Scope of Non-Compete: Detailed restrictions and prohibited activities, including specific business activities that are restricted
5. Duration: Time period for which the non-compete restrictions apply, ensuring reasonable limitations
6. Geographic Scope: Territorial limitations of the restrictions, specifying countries or regions where restrictions apply
7. Consideration: Value or compensation provided in exchange for the non-compete obligations
8. Governing Law: Specification of Singapore law as governing law and jurisdiction for disputes
1. Confidentiality Obligations: Additional provisions for protecting confidential information and trade secrets
2. Non-Solicitation: Additional restrictions on soliciting employees, customers, or suppliers
3. Garden Leave: Provisions for paid leave during notice period to protect business interests
4. Severability: Provisions allowing court modification of unreasonable terms while maintaining validity of remainder
1. Schedule 1: Restricted Business: Detailed list and description of competing businesses and prohibited activities
2. Schedule 2: Restricted Territory: Detailed map or list of geographical areas where restrictions apply
3. Schedule 3: Consideration Details: Detailed breakdown of compensation or benefits provided as consideration
4. Appendix A: Confidential Information: Comprehensive list of protected confidential information and trade secrets
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