Non Compete Agreement Alabama Template

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Company address including city state and zip code. Undue hardship is determined on a case by case basis.

A step by step process of writing a non compete agreement.

Non compete agreement alabama template. During the business relationship and for months after the separation of this relationship for any reason. For example the state forbids any type of agreement that limits a person or businesss ability to hire essential personnel or another business commercial dealings with another essential partner such as a vendor or seller. In most cases when two businesses work together each may become aware of sensitive information such as business secrets client lists and other possible competitive practices used by the concerned business.

The alabama non compete agreement is a legal document used to stop an individual or business from competing with a business once these parties have worked together. In light of the changes effective january 1 2016 now is the time for employers who have existing non compete agreements or who may be considering the use of non compete agreements to review. An agreement that includes a nationwide restriction is not.

In alabama non compete agreements that are limited to the same geographic region where the former employer does business restricted for no more than two years have been held by the courts as valid. Although any non compete agreement is strictly construed by the courts to ensure compliance with alabama law one issue that arises on occasion is when a non compete agreement can be signed in. On january 1 2016 alabamas updated non compete statute went into effect.

In this first portion of the non compete agreement provide the company information that the individual is agreeing not to compete with. This should include the following information. This is most common when hiring employees as individuals will be exposed to sensitive information about an entity that could later be used against it if the employee decided to create a like business in the future.

Alabama does have restrictions on non compete agreements. How to customize the template. Use the form on the left to fill in the template.

A non compete agreement is a document that attempts to block an individual or entity from potentially entering into competition with another party. However each state has its own laws that govern non compete agreements so be sure to consult with a competent corporate law attorney if you are interested in crafting a non compete agreement for your company.