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Non Compete Agreement
"I need a Non Compete Agreement for a senior software developer leaving our Singapore-based fintech company, restricting them from working with competitors within Southeast Asia for 12 months starting March 2025."
1. Parties: Identification of the parties entering into the agreement, including full legal names and addresses
2. Background: Context of the agreement, including the employee's former position and access to confidential information
3. Definitions: Key terms used throughout the agreement, including 'Restricted Business', 'Territory', 'Restricted Period'
4. Non-Compete Obligations: Core restrictions including duration, geographic scope, and prohibited activities
5. Duration and Territory: Specific timeframe and geographical boundaries of the restrictions
6. Consideration: The compensation or benefit provided in exchange for the non-compete obligations
7. Governing Law: Specification of Singapore law as governing law
1. Non-Solicitation Provisions: Additional restrictions on soliciting employees or customers
2. Garden Leave: Provisions for paid leave during notice period
3. Severability: Provisions allowing court modification of unreasonable terms
4. Remedies: Specific remedies for breach including injunctive relief
1. Schedule 1 - Restricted Territory: Detailed map or list of geographic areas covered by restrictions
2. Schedule 2 - Restricted Business Activities: Detailed description of prohibited business activities
3. Schedule 3 - Consideration Details: Breakdown of any financial compensation or benefits
4. Appendix A - Confidential Information: List of specific confidential information accessed during employment
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