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Non compete agreement
This non-compete agreement is between a company or protected party and an employee or restricted party who may access confidential business information. It restricts the employee, during employment and for a stated reasonable period after exit, from competing with the company, joining or owning a competing business, inducing employees to leave, or soliciting clients. It also includes confidentiality obligations, insider trading restrictions for price-sensitive information, remedies including amicable settlement and injunctive relief, notice period duties, return of company material, survival of obligations, legal costs, severability and Indian governing law.
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Summary
This non-compete agreement is between a company or protected party and an employee or restricted party who may access confidential business information. It restricts the employee, during employment and for a stated reasonable period after exit, from competing with the company, joining or owning a competing business, inducing employees to leave, or soliciting clients.
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