Non-Compete Agreement

NON-COMPETE AGREEMENT

This Agreement is made on [Date] between [Employer Name], having its office at [Address] ("Employer"), and [Employee Name], residing at [Address] ("Employee").

1. Background. In consideration of employment and access to confidential information, the Employee agrees to the restrictions below with effect from [Effective Date].
2. During Employment. The Employee shall not, directly or indirectly, engage in, own or advise any business that competes with the Employer.
3. Post-Employment Restriction. For [Number] months after cessation of employment, the Employee shall not join or establish a business competing with the Employer within [Geographic Area].
4. Restricted Activities. The restriction covers [Description of Business Activities] in which the Employer operates.
5. Reasonableness. The Employee agrees that the scope, duration and area of the restrictions are reasonable and necessary to protect the Employer's legitimate interests.
6. Confidentiality. The Employee shall not use or disclose the Employer's trade secrets or confidential information at any time.
7. Consideration. The Employer may pay a garden-leave or compensation of Rs. [Amount] during the restricted period, where applicable.
8. Severability. If any restriction is held unenforceable, it shall be read down to the extent necessary to make it valid.
9. Remedies. Breach shall entitle the Employer to injunctive relief and damages.
10. Governing Law & Jurisdiction. This Agreement is governed by Indian law and subject to the exclusive jurisdiction of the courts at [City].
11. Dispute Resolution. Disputes shall be referred to arbitration seated at [City].

IN WITNESS WHEREOF, the parties have executed this Agreement on the date first written above.