Non Compete Agreement Between Companies Template for Hong Kong

1. Non-Solicitation: Additional restrictions on soliciting customers, suppliers, or employees - include when broader protection is needed

2. Transfer of Rights: Provisions regarding assignment and succession - include when dealing with larger corporations likely to undergo restructuring

3. Dispute Resolution: Specific procedures for resolving disputes, such as mediation or arbitration - include when parties prefer alternative dispute resolution

4. Change of Control: Provisions addressing corporate restructuring or ownership changes - include when dealing with dynamic business environments

5. Compliance with Competition Laws: Detailed provisions ensuring compliance with Hong Kong Competition Ordinance - include when activities might raise competition law concerns

6. Independent Contractor Relationship: Clarification of the parties' independent status - include when there might be confusion about the relationship

1. Schedule 1 - Restricted Activities: Detailed list of specific business activities, products, or services covered by the non-compete

2. Schedule 2 - Restricted Territory: Detailed maps or descriptions of geographical areas where restrictions apply

3. Schedule 3 - Existing Commitments: List of pre-existing obligations or relationships that are exempt from the restrictions

4. Schedule 4 - Affiliated Companies: List of subsidiaries, parent companies, or affiliated entities covered by the agreement

5. Appendix A - Compliance Guidelines: Guidelines for ensuring compliance with the non-compete obligations

6. Appendix B - Notice Requirements: Procedures and forms for required notifications between parties