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7

Non-Compete Agreement

Michael Carabash

Non Compete Agreement: only $27 plus taxes!

Please note that the information contained herein is NOT legal advice and is provided for educational purposes only. Laws are subject to change and without notice. If you need legal advice, you should seek professional assistance (e.g. make a post on Dynamic Legal Forms).

Non-Competes

You may be looking for a non-compete agreement in Canada. If so, you’ve come to the right place. We offer lawyer-prepared, customizable, and affordable legal forms throughout Canada. And our packages come with a ton of FREE STUFF- such as video tutorials and written guides to assist you in completing your legal form. Now, if you’re ready to check out the form, then just click on this link: NON-COMPETE AGREEMENT.

If you want to read up more about non-compete clauses and agreements, then just keep reading this blog.

Restrictive Covenants

Restrictive Covenants” are terms and conditions in an Agreement (such as an Employment, Independent Contractor, Shareholder, Share Purchase or Partnership Agreement) that limit one party’s ability to do certain things. Typical examples include restrictions on the use and disclosure of confidential information as well as non-compete and non-solicitation clauses. The idea behind restrictive covenants is that a party which is privy to another party’s sensitive information or clients should be prevented from simply leaving the relationship and competing with the other party with all those benefits.

Non-Compete vs. Non-Solicitation Clauses

A “Non-Compete clause in an agreement puts limits on one party’s ability to compete in the same business as the other party. In other words, during the term of the agreement and for a period of time thereafter and within a set geographic area, one party cannot establish their own business or work for others such that they sell the same products or services as did their current or former client, employer, partner, etc. A “Non-Solicitation clause in an agreement means that one party will not solicit (attempt or actually sell) customers or employees of the current or previous employer, client, or partner. This is a less drastic restrictive covenant than a Non-Compete clause. Both types of restrictions can find their way in employment agreements and independent contractor agreements.

Remember: if you’re looking for a Canadian non-compete agreement (to be used in the non-employment context), then you should check out our lawyer-prepared legal form + video tutorial + written guides!

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