Non Compete Agreement Business To Business Template for Hong Kong

1. Confidential Information: Additional provisions protecting sensitive business information, used when parties share confidential data

2. Intellectual Property Protection: Specific provisions protecting IP rights, used when IP is a significant concern

3. Non-Solicitation: Restrictions on soliciting employees or customers, included when human capital or customer relationships are crucial

4. Assignment and Succession: Rules for transferring agreement rights, included when business sale or restructuring is anticipated

5. Dispute Resolution: Detailed arbitration or mediation procedures, included when parties prefer alternative dispute resolution

6. Monitoring and Reporting: Compliance reporting requirements, used in complex business relationships

7. Exit Provisions: Procedures for early termination, included when flexibility is needed

1. Schedule 1 - Restricted Activities: Detailed list of specific business activities that are prohibited

2. Schedule 2 - Restricted Territory: Detailed description of geographical areas where restrictions apply

3. Schedule 3 - Competitor List: List of specific competitors or competing businesses covered by the agreement

4. Schedule 4 - Existing Business Interests: Declaration of relevant existing business interests of both parties

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

6. Appendix B - Reporting Templates: Standard forms for any required compliance reporting