Florida Non-Compete Agreement
This Non-Compete Agreement (the "Agreement") is made and entered into as of [Date] by and between [Company Name], a [Type of Entity] with its principal place of business at [Address] (the "Company"), and [Employee Name], residing at [Employee Address] (the "Employee").
This Agreement is intended to comply with the laws of the State of Florida, specifically under Florida Statutes § 542.335.
1. Non-Compete Obligation:
The Employee agrees that during the term of employment with the Company and for a period of [Duration] following the termination of employment, the Employee will not, directly or indirectly, engage in or assist any business that competes with the Company within the geographical area of [Geographical Area].
2. Consideration:
The Employee acknowledges that the consideration for this Agreement includes:
- Employment with the Company;
- Access to proprietary information, trade secrets, and other confidential business information;
- Training and support provided by the Company.
3. Scope of Restrictions:
The restrictions set forth in this Agreement apply to the following:
- Type of business activities;
- Clients and customers;
- Specific geographic areas where the Company operates.
4. Remedies:
In the event of a breach or threatened breach of this Agreement, the Company shall be entitled to seek:
- Injunctive relief;
- Monetary damages;
- Any other remedies available at law or equity.
5. Severability:
If any provision of this Agreement is found to be unenforceable or invalid, the remaining provisions shall remain in full force and effect.
6. Governing Law:
This Agreement shall be governed by and construed in accordance with the laws of the State of Florida.
IN WITNESS WHEREOF, the parties hereto have executed this Non-Compete Agreement as of the date first above written.
COMPANY:
By: ___________________________
Name: [Authorized Signatory]
Title: [Title]
EMPLOYEE:
Signature: ________________________
Name: [Employee Name]