A non-competition agreement is a document that prevents an individual from working for a competitor or engaging in a business that directly competes with the employer. These agreements must be carefully designed with reasonable time, purpose, and geographical restrictions in order for them to be enforceable. Once an agreement is put in place, it can help your company in many ways, including:
- Protecting customer lists
- Safeguarding trade secrets
- Protecting intellectual property and other confidential information
- Preventing employers from giving your advantages to competitors
If a non-competition agreement is violated, then a temporary restraining order (TRO) can be put into place to immediately stop the behavior.