About this Document:
In an environment of frequent employee turnover and poaching by competitors, what is relevant is creation of a deterrent procedure to work as a safeguard to disclosure of your business’s secret information from pilfering. Besides that this agreement will provide for a comprehensive solution when you intend to prevent an employee joining a competitor or become a competition by himself as such after departing from your Company or business whether by retirement, resignation or termination;
Who will use this document?
· Any employer wanting to protect business information being disclosed to competition through an erstwhile employee;
· Also when it is necessary to prevent employees from joining competition and cause severe losses to your business;
Key features:
· Covers almost all eventualities;
· User friendly and drawn in Plain English with no complexities;
· Compliance with appropriate legal provisions;
· Detailed explanatory notes.
· Non disclosure and Non-compete provisions in one agreement;
This document includes provisions for:
· Elaborate definitions;
· Injunctive relief;
· Covenant not to disclose and not to compete;
· Acknowledgment of objective by employee;
· Reasonableness of agreement;
· Employee’s representations;
· Jurisdiction;
· Applicability;