Non-Compete Agreements

Context

This week, we discussed the legality of non-compete agreement.

Imagine that you are starting a new company in a hyper-competitive, rapidly growing industry. You are putting your life savings, your professional contracts, and your innovative ideas on the line. As you being to hire a sales force, you consider binding new employees to non-compete agreements, given how competitive and ripe the industry is for growth.

For This Assignment

Draft the following clauses of a non-compete agreement containing the following five elements. You may use the hyperlink above for a (free) template, or use one of your own choosing:

Parties involved;

Duration of Agreement;

Geographic Range of Agreement;

Specific Activities and Subjects Included in Non-Competition; and

Compensation.