Non Compete Agreement Washington State Template

There are four types of non compete agreements. Non compete agreements in washington state consider an example. This can be quite useful as the state of washingtons statutes do not directly deal with terms of non competition.

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If you left a seattle software company to start your own software company youd probably be tempted to solicit business from customers of the big software company especially those customers youd developed a relationship with.

Non compete agreement washington state template. Company address including city state and zip code. This should include the following information. Employee non compete agreements are as prevalent as they are controversial particularly in tech hubs like seattle in washington state. Washington law by contrast does generally hold that non compete agreements are enforceable but requires that they meet a three part test before they will be found valid and upheld.

Confidentiality or non disclosure. A step by step process of writing a non compete agreement. The legality of a non compete agreement along with the reasonability of the requirements vary by state as they are governed by state laws not federal. In this first portion of the non compete agreement provide the company information that the individual is agreeing not to compete with.

You should consult with your washington state based attorney. Free non compete agreement template. Though non compete agreements are valid in washington they have a long history of not being upheld in court and the law continues to be in flux. A non compete agreement in the state of washington is a legal document that allows companies to limit an employees post employment actions in order to protect their trade secrets and business practices.

There are some employee benefits to signing a non compete agreement. First the existence of the non compete must be reasonably necessary in order to protect the needs of the business or employer. Individual is unable to share confidential information company specific details trade secrets or proprietary. The washington non compete agreement template supplies a tool to deliver the terms and conditions to a recipient intent on beginning a professional relationship with a company that requires its sensitive information be held in confidence.

Non compete agreements offer more protection than the nondisclosure or confidentiality agreement might but they do so for a limited period of time whereas the other two last as long as the trade secret itself lasts. A non compete is an agreement where a worker in exchange for being given a job by an employer agrees not to work for a competitor of the employer or start a business that will compete with the employer. Non compete agreement employee rights. Employers often implement non compete agreements when competition is tight and there is a real.

Non compete agreement pdf sample the sample non compete agreement below details an agreement between abc inc and an employee ferne xiu in case ferne xiu terminates her employment she agrees to not engage in any related business as abc inc to not induce any other employees to also terminate their employment and to not.