North Carolina Non-Compete Agreement
This Non-Compete Agreement (“Agreement”) is made and entered into this ___ day of __________, 20__, by and between:
Employer: ____________________________________
Address: ____________________________________
City, State, Zip: _____________________________
and
Employee: ____________________________________
Address: ____________________________________
City, State, Zip: _____________________________
In consideration of the mutual promises and covenants contained herein, the parties agree as follows:
- Purpose: The purpose of this Agreement is to protect the legitimate business interests of the Employer, including trade secrets and confidential information, in accordance with North Carolina law.
- Non-Competition: The Employee agrees that during the term of employment and for a period of __________ (___) months following termination of employment, Employee will not engage in any business activity that competes with the Employer’s business within the following geographic area: ____________________________________.
- Consideration: The Employee recognizes that this Agreement is supported by valid consideration, including but not limited to:
- The opportunity to obtain employment with the Employer;
- The Employer's access to training and confidential information;
- Potential bonuses and other benefits during the term of employment.
- Extent of Restriction: The restrictions set forth in this Agreement will not be broader than necessary to protect the Employer's legitimate business interests, as outlined in this Agreement.
- Severability: If any provision of this Agreement is found to be unenforceable or invalid under applicable law, the remaining provisions will remain in full force and effect.
- Governing Law: This Agreement shall be governed by the laws of the State of North Carolina.
- Entire Agreement: This document constitutes the entire agreement between the parties. Any modifications must be in writing and signed by both parties.
IN WITNESS WHEREOF, the parties have executed this Non-Compete Agreement as of the date first above written.
Employer Signature: ____________________________
Date: _________________________________________
Employee Signature: ___________________________
Date: _________________________________________