Document background
An Agreement Not To Work For Competitor (Non-Compete Agreement) is a crucial document for protecting business interests in Hong Kong's competitive business environment. It is typically used when onboarding senior employees or during employment contract modifications where employees have access to sensitive information, key client relationships, or trade secrets. The agreement must be carefully drafted to comply with Hong Kong's common law principles, which require such restrictions to be reasonable in duration, geographical scope, and scope of activities. The document includes specific provisions about restricted activities, time periods, geographical limitations, and often contains non-solicitation clauses for both customers and employees. It's particularly important in industries with high employee mobility and where protection of confidential information is crucial. The agreement must balance the employer's legitimate business interests with the employee's right to work, ensuring enforceability under Hong Kong law.
