Non Compete Agreement After Acquisition Template for Belgium

1. Non-Solicitation Obligations: Additional restrictions on soliciting employees, customers, or suppliers - included when broader protection is required

2. Transfer of Know-How: Provisions regarding the transfer and protection of technical knowledge - relevant when intellectual property is a key component

3. Training and Transition Services: Obligations regarding knowledge transfer and training - included when there's a significant operational handover

4. Monitoring and Reporting: Mechanisms for monitoring compliance - included for complex restrictions or high-value transactions

5. Independent Contractor Status: Clarification of relationship between parties - relevant when seller continues limited involvement

6. Tax Provisions: Specific tax treatment of non-compete payments - included when significant consideration is involved

1. Schedule 1: Restricted Territory: Detailed maps or lists of geographical areas covered by the non-compete

2. Schedule 2: Restricted Business Description: Detailed description of business activities covered by the restriction

3. Schedule 3: Consideration Payment Schedule: Payment terms and schedule for the non-compete consideration

4. Schedule 4: Permitted Activities: Detailed list of specifically permitted activities or exceptions

5. Appendix A: Related Companies: List of affiliated companies covered by or excluded from the restrictions

6. Appendix B: Confidential Information Categories: Detailed categorization of information considered confidential