What is a non-competition agreement?
A non-competition agreement restricts the Vendor from operating a similar business within a geographical area for a period of time.
What is a non-solicitation agreement?
A non-solicitation agreement restricts the Vendor from pursuing any employees or clients of the business.
Are there limitation to the Non-Competition agreement?
The Non-Competition Agreement must be limited in length and limited in geographical scope. The limitation in time and distance varies depending on the type of business.
