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Sales Non Compete Agreement
"I need a Sales Non-Compete Agreement for our pharmaceutical distribution company in Manila, covering our senior sales representatives who have access to our customer database and pricing strategies, with a restriction period of 2 years after employment termination and geographical coverage of the National Capital Region and Calabarzon."
1. Parties: Identifies and provides full details of the contracting parties
2. Background: Explains the context of the agreement, including the business relationship between the parties
3. Definitions: Defines key terms used throughout the agreement, including 'Restricted Business', 'Territory', and 'Restricted Period'
4. Scope of Non-Compete: Details the specific activities, businesses, and practices that are restricted
5. Duration and Territory: Specifies the time period and geographic area where the restrictions apply
6. Consideration: States the consideration provided in exchange for the non-compete obligations
7. Confidentiality Obligations: Outlines obligations regarding confidential information and trade secrets
8. Acknowledgments: Contains party acknowledgments about the reasonableness of restrictions
9. Remedies: Specifies remedies available in case of breach, including injunctive relief
10. General Provisions: Contains standard clauses including governing law, severability, and entire agreement
1. Training and Support: Used when the agreement includes provisions about training provided to the restricted party
2. Customer Non-Solicitation: Added when specific restrictions on customer engagement are needed
3. Employee Non-Solicitation: Included when preventing recruitment of employees is relevant
4. Commission or Compensation Details: Required when the agreement involves ongoing payment structures
5. Post-Termination Obligations: Added when specific obligations continue after the main business relationship ends
6. Return of Property: Included when there is company property or materials to be returned
1. Schedule 1 - Restricted Territory: Detailed map or list of geographic areas covered by the non-compete
2. Schedule 2 - Restricted Business Activities: Comprehensive list of prohibited business activities
3. Schedule 3 - Compensation Details: Breakdown of any compensation or consideration provided
4. Appendix A - Confidential Information: Detailed list of what constitutes confidential information
5. Appendix B - Customer List: List of customers covered by non-solicitation provisions if applicable
6. Appendix C - Products and Services: Detailed description of products and services covered by the agreement
Authors
Affiliate
Business Day
Confidential Information
Competing Business
Customer
Effective Date
Intellectual Property Rights
Non-Compete Period
Prospective Customer
Protected Business
Restricted Activities
Restricted Period
Restricted Territory
Sales Activities
Services
Trade Secrets
Territory
Company Products
Company Services
Commission
Competitive Products
Competitive Services
Material Customer
Prior Business Relationship
Proprietary Information
Sales Data
Sales Methods
Strategic Information
Target Customer
Confidentiality
Duration and Term
Territorial Scope
Customer Non-Solicitation
Employee Non-Solicitation
Consideration
Acknowledgments and Representations
Remedies and Injunctive Relief
Governing Law
Severability
Assignment
Entire Agreement
Amendment and Modification
Waiver
Notice
Survival
Force Majeure
Dispute Resolution
Indemnification
Return of Property
Compliance with Laws
Interpretation
Third Party Rights
Counterparts
Retail
Technology
Pharmaceutical
Financial Services
Manufacturing
Consumer Goods
Professional Services
Telecommunications
Insurance
Real Estate
Healthcare
Software and IT
Industrial Equipment
Automotive
Sales
Business Development
Account Management
Sales Operations
Channel Management
Customer Success
Sales Analytics
Sales Training
Sales Support
Commercial Operations
Legal
Human Resources
Sales Director
Regional Sales Manager
Account Executive
Business Development Manager
Sales Representative
Territory Manager
Key Account Manager
Sales Operations Manager
Channel Sales Manager
Inside Sales Representative
Senior Sales Executive
VP of Sales
Sales Consultant
Distribution Manager
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