Non Compete Agreement Georgia Template

Generally this type of agreement will limit the employees actions for a certain period of time and restrict them from procuring similar employment or engaging in competitive behavior within a certain geographical region.
Non compete agreement georgia template. This file is designed to require vendors to agree to terms and conditions that would avoid the likelihood of them disclosing your clients trade. There are a few ways that a company can draw up non compete agreements and a few scenarios in which they would be useful. Georgia state law generally supports these documents as long as they meet the following three requirements. Use the form on the left to fill in the template.
A non compete agreement is a document that attempts to block an individual or entity from potentially entering into competition with another party. Interestingly however the new law specifically allows courts to take into consideration the economic hardship that would result from the enforcement of a georgia non compete agreement against an individual. Non compete clauses and georgia law. When a new employee is hired.
At the end you will immediately receive the document in word and pdf formats for freeyou can then open the word document to modify it and reuse it however you wish. To help make your job easier make use of this expertly designed vendor non compete agreement template that is mentioned above. 13 8 2 and 13 8 50 to 13 8 59. This agreement goes into effect once the employee or contractor severs ties with the company.
The document is written according to your responses clauses are added or removed paragraphs are customised words are changed etc. Thus in georgia an employee can be fired for refusing to sign a non compete agreement under both the old and new law. This should include the following information. The state of georgia will have its own regulations that may be applied to remedy such situations ga.
Georgia non compete laws. Non compete clauses are generally designed to protect an employers trade secrets. In this first portion of the non compete agreement provide the company information that the individual is agreeing not to compete with. A non compete agreement is a document used to protect employers from partners employees contractors and other individuals with access to their business secrets and practices using that access to leave the company to start their own competing business in the same industry.
A step by step process of writing a non compete agreement. In order to be valid these agreements must be supported by consideration. When one is needed. This is most common when hiring employees as individuals will be exposed to sensitive information about an entity that could later be used against it if the employee decided to create a like business in the future.
Often a non compete agreement is part of the hiring. If so then you would want to make a non compete agreement document. Non compete agreements are used most often in highly competitive industries such as technology development sales and. The georgia non compete agreement template can be utilized by any business seeking to prevent another party such as an employee or staff member from competing unfairly with that business using its confidential information and trade secrets.