Free Restaurant Non Compete Agreement Template
Restaurant Non Compete Agreement
This Non-Compete Agreement ("Agreement") is made effective as of [Month Day, Year], by and between [Your Company Name] ("Company"), located at [Your Company Address], and [Employee Name] ("Employee").
1. Purpose
The purpose of this Agreement is to protect the legitimate business interests of the Company by preventing unfair competition by the Employee during and after their employment with the Company.
2. Consideration
The Company and the Employee acknowledge that the consideration for this Agreement is the Employee's employment or continued employment with the Company, access to confidential information, and specialized training provided by the Company.
3. Non-Competition Covenant
The Employee agrees that during the term of their employment with the Company and for a period of [Duration] following the termination of their employment, for any reason, they will not, directly or indirectly:
a) Own, manage, operate, control, be employed by, participate in, or be connected in any manner with the ownership, management, operation, or control of any business that competes with the Company within a [Geographic Area] of [Miles/Kilometers] from the Company's location at [Your Company Address].
4. Non-Solicitation Covenant
The Employee agrees that during the term of their employment with the Company and for a period of [Duration] following the termination of their employment, for any reason, they will not:
a) Solicit or attempt to solicit any customer, client, or account of the Company to provide products or services that compete with the products or services offered by the Company.
b) Solicit or attempt to solicit any employee of the Company to terminate their employment with the Company or to become an employee or independent contractor for any other entity or individual.
5. Confidentiality
The Employee agrees to maintain the confidentiality of all trade secrets, proprietary information, and confidential business information of the Company, and not to disclose such information to any third party during and after the term of their employment with the Company.
6. Reasonableness of Restrictions
The Employee acknowledges that the restrictions contained in this Agreement are reasonable and necessary to protect the legitimate business interests of the Company. If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions will continue in full force and effect.
7. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of law principles.
8. Entire Agreement
This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, representations, and understandings of the parties. This Agreement may not be modified or amended except in writing signed by both parties.
9. Acknowledgment
The Employee acknowledges that they have read and understand the terms of this Agreement, and that they have been given the opportunity to seek independent legal advice before signing this Agreement.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.
Employee
[Complete Name]
Employee
[Month Day, Year]
[Your Company Name]
[Your Name]
[Title]
[Month Day, Year]