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The Non-Compete After Sale of Business Business/Services Section

Non-Competition Agreement by Seller of a Business - Long Form

Non-Competition agreement given by seller of a business to the buyer of the business (long form). In this agreement the seller will agree that he/she will not engage directly or indirectly in a business that competes with the business being sold. In addition, this agreement includes provisions regarding confidentiality and non-solicitation of employees and customers. Among others, this form includes the following provisions: • Non-Competition • Non-Solicitation of Employees • Non-Solicitation of Customers • Definitions • Covenants of Seller • Rights and Remedies Upon Breach

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