ContractCentral.com » Employment » Non-Compete Agreement (Covenant)

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Non-Compete Agreement (Covenant)

This non-compete agreement is a covenant, a promise by an employee not to compete with his or her employer for a specified time in a particular place. Since competitors often recruit each other's employees hoping to gain an advantage, these covenants are especially important to prevent competition. Without this covenant, a top salesperson leaving to work for a competitor may take a list of important clients, and harm the business of the original employer.

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