Non-Compete Agreement

A Non-Compete Agreement (NCA) is a legal contract between an employer and an employee that restricts the employee from working for a competitor or starting a competing business for a specified period of time after leaving the company. These agreements are designed to protect a company’s trade secrets, intellectual property, and customer relationships.

The terms of a non-compete agreement typically include:

• The geographic area in which the employee cannot compete

• The duration of the restriction

• The types of businesses or roles the employee is prohibited from engaging in

Non-compete agreements must be reasonable in scope and duration to be enforceable in court. They are commonly used in industries with sensitive information, such as technology or finance.