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Sales Non Compete Agreement
"I need a Sales Non Compete Agreement for our Singapore tech company to protect our APAC customer relationships, specifically preventing our senior sales executives from working with competitors for 12 months after leaving, starting from January 2025."
1. Parties: Identification of contracting parties including 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 restrictions and obligations regarding competitive activities
5. Duration: Time period for which restrictions apply
6. Geographic Area: Territorial scope of restrictions
7. Consideration: Value provided in exchange for non-compete obligations
8. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Non-Solicitation: Additional restrictions on soliciting customers or employees of the company
2. Confidentiality: Provisions for protection of confidential information and trade secrets
3. Garden Leave: Provisions for paid leave during notice period to protect business interests
4. Training Compensation: Provisions for repayment of training costs and professional development investments
1. Schedule 1: Restricted Territory: Detailed list of geographic areas covered by the non-compete restrictions
2. Schedule 2: Restricted Customers: List of specific customers or customer categories covered by restrictions
3. Schedule 3: Restricted Products/Services: Detailed description of products/services covered by the non-compete
4. Schedule 4: Compensation Details: Specifics of consideration and compensation provided for the non-compete obligations
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