Non-Solicitation Agreement
A Non-Solicitation Agreement is an agreement that restricts an individual (usually a former employee) from soliciting employees or customers of the business after leaving the company.
Benefits
Non-solicitation agreements protect a company`s workforce and client base, maintain business relationships, and prevent unfair competition from former employees.
Frequently Asked Questions
What is an example of non-solicitation?
An example of non-solicitation is an agreement where a former employee agrees not to contact or hire any of their previous employer`s employees or approach their clients for business for a specified period after leaving the company.
Is a non-solicitation clause enforceable?
Yes, non-solicitation clauses can be enforceable, but their enforceability depends on the jurisdiction and whether the terms are considered reasonable in scope, duration, and geographic area.
What is typical non-solicitation?
A typical non-solicitation agreement restricts former employees from soliciting their previous employer`s employees or customers for a specified period, often ranging from six months to two years.
Key Takeaway
Non-solicitation agreements are essential for safeguarding a company`s employees and customers from being solicited by former employees, helping to maintain business stability and competitive advantage.