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Preview - Texas Non-compete Agreement Form
Texas Non-Compete Agreement
This Non-Compete Agreement ("Agreement") is made and entered into as of the ___ day of __________, 20___, by and between:
Employer: _________________________
Address: _________________________
and
Employee: _________________________
Address: _________________________
In consideration of the employment or continued employment of the Employee by the Employer, the parties agree as follows:
- Non-Compete Clause: The Employee agrees that during the term of employment and for a period of ___ months following the termination of employment, the Employee will not engage in any business activities that compete with the Employer within a ___ mile radius of the Employer's business located at _________________________.
- Confidential Information: The Employee acknowledges that they may have access to confidential information, including but not limited to trade secrets, customer lists, and financial data. The Employee agrees to maintain the confidentiality of all such information.
- Consideration: The Employee acknowledges that the consideration for this Agreement is _________________________ (e.g. employment, access to proprietary information, etc.).
- Severability: If any provision of this Agreement is found to be unenforceable or invalid, the remaining provisions shall continue to be valid and enforceable.
- Governing Law: This Agreement shall be governed by the laws of the State of Texas.
By signing this Agreement, both parties acknowledge that they have read and understood the terms herein and voluntarily agree to abide by them.
IN WITNESS WHEREOF, the parties hereto have executed this Non-Compete Agreement as of the date first above written.
_____________________________
Employer Signature
_____________________________
Employee Signature
Date: ______________________
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Similar forms
- Non-disclosure Agreement (NDA): This document prevents individuals from sharing confidential information learned during their employment or business relationship. Like a non-compete agreement, it protects the interests of a business by safeguarding sensitive information.
- Employment Contract: An employment contract outlines the terms of employment, including duties, compensation, and conditions for termination. While it focuses on the employment relationship, it may also include non-compete clauses to restrict future employment opportunities.
- Confidentiality Agreement: Similar to an NDA, a confidentiality agreement specifically restricts the sharing of proprietary information. Both documents aim to protect a company’s secrets, but a confidentiality agreement may not always include non-compete provisions.
- Partnership Agreement: This document governs the relationship between business partners. It often includes clauses that prevent partners from competing with the business after separation, similar to a non-compete agreement.
- Severance Agreement: A severance agreement may provide compensation to an employee upon termination in exchange for their agreement not to compete with the employer. This ensures the employer's interests are protected even after the employment ends.
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- Shareholder Agreement: This agreement governs the relationship between shareholders in a company. It may include non-compete clauses to protect the company’s interests if a shareholder leaves the business.
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- Franchise Agreement: This document outlines the relationship between a franchisor and a franchisee. It often includes non-compete clauses to protect the franchisor's brand and business model from competition by former franchisees.
- Consulting Agreement: A consulting agreement outlines the terms under which a consultant will provide services. It may include non-compete clauses to prevent the consultant from working with competitors during and after the consulting period.