Non Compete Sales Agreement Template for Hong Kong

1. Compliance with Competition Law: Specific provisions ensuring compliance with Hong Kong competition law, used when the agreement might raise competition concerns

2. Garden Leave: Provisions for paid leave during notice period, used when agreement is tied to employment

3. Training and Support: Details of any training or support provided, used when part of business sale or franchise arrangement

4. Assignment Rights: Rights to assign the agreement, used when future business sales or restructuring might be contemplated

5. Dispute Resolution: Detailed dispute resolution procedures, used when parties want specific arbitration or mediation provisions

6. Surviving Obligations: Specific obligations that survive termination, used when certain restrictions should continue beyond the main agreement

1. Restricted Territory: Detailed description and/or maps of the geographical areas where restrictions apply

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

3. Restricted Customers: List of specific customers or customer categories covered by restrictions

4. Consideration Schedule: Detailed breakdown of any monetary or other consideration, including payment terms

5. Confidential Information: Detailed list of types of confidential information covered by the agreement

6. Related Companies: List of affiliated companies or subsidiaries covered by the agreement