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Simple Non Compete Agreement
"I need a Simple Non Compete Agreement for a senior software developer leaving our Singapore-based tech startup on March 1, 2025, with a 12-month restriction period focusing on preventing work with direct competitors in Southeast Asia."
1. Parties: Identification of the contracting parties with full legal names and addresses
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used tHRoughout the agreement
4. Scope of Non-Compete: Specific activities restricted and extent of prohibition
5. Duration: Time period for which restrictions apply
6. Geographic Scope: Physical/territorial limitations of the restrictions
7. Consideration: What is being provided in exchange for the non-compete commitment
1. Non-Solicitation: Restrictions on soliciting employees/customers, include when broader protection needed
2. Garden Leave: Provisions for paid leave during restriction period, include for senior executives
3. Severability: Clause allowing rest of agreement to remain valid if parts are found unenforceable
4. Remedies: Specific remedies for breach, include when enforcement mechanisms needed
1. Schedule of Restricted Activities: Detailed list of specific activities covered by the non-compete
2. Schedule of Restricted Territories: Detailed list of geographic areas where restrictions apply
3. Schedule of Compensation: Details of any compensation provided for the non-compete commitment
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