Fillable Tennessee Non-compete Agreement Document Modify Form Now

Fillable Tennessee Non-compete Agreement Document

A Tennessee Non-compete Agreement form is a legal document that restricts an employee from competing with their employer for a specified period after leaving the job. This form helps protect business interests by limiting the ability of former employees to engage in similar work within a certain geographic area. To ensure compliance and protect your rights, consider filling out the form by clicking the button below.

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In Tennessee, a Non-compete Agreement is a crucial legal tool for employers seeking to protect their business interests. This agreement helps ensure that employees do not take sensitive information or trade secrets to competitors after leaving the company. It typically outlines the scope of restricted activities, the duration of the restrictions, and the geographical area in which these restrictions apply. Employers must carefully consider these elements to ensure that the agreement is enforceable under Tennessee law. The form should also clearly state the consequences of violating the agreement, providing a clear understanding of the potential legal repercussions. For employees, understanding their rights and obligations under such an agreement is essential, as it can significantly impact their future employment opportunities. Overall, the Tennessee Non-compete Agreement form serves as a safeguard for businesses while balancing the rights of employees, making it an important document in the employment landscape.

Tennessee Non-compete Agreement Sample

Tennessee Non-Compete Agreement Template

This Non-Compete Agreement ("Agreement") is designed in accordance with the Tennessee Uniform Trade Secrets Act, Tenn. Code Ann. § 47-25-1701 et seq., and relevant Tennessee state law concerning non-compete clauses. Its purpose is to protect the legitimate business interests of the employer while balancing the rights of the employee. By executing this Agreement, the Parties agree to the terms and conditions outlined herein.

Parties

Employer Information:

Name: ________________________________________

Address: _____________________________________

City, State, Zip: ______________________________

Telephone: ___________________________________

Employee Information:

Name: ________________________________________

Address: _____________________________________

City, State, Zip: ______________________________

Position: _____________________________________

Start Date: ___________________________________

Non-Compete Obligations

Under this Agreement, the Employee agrees not to engage in any business activity that is in direct competition with the Employer within a specific geographical area and during a specified period:

  • Geographical Area: ____________________________________________
  • Duration of Non-Compete: ______________________________________

Restrictions

The Employee agrees to refrain from the following activities during the term of this Agreement:

  1. Working for competitors within the geographical area specified.
  2. Starting a business in direct competition with the Employer.
  3. Soliciting the Employer's clients or customers.

Exclusions

This Agreement does not prohibit the Employee from:

  • Engaging in unrelated business activities not in competition with the Employer.
  • Working in industries or sectors different from that of the Employer.

Severability and Modification

Should any provision of this Agreement be held by a court of competent jurisdiction to be unenforceable, such provision will be modified to reflect the parties' intention and remaining provisions will remain in full force and effect.

Governing Law

This Agreement shall be governed, interpreted, and enforced in accordance with the laws of the State of Tennessee.

Signature

The Parties acknowledge they have read and understood this Agreement and voluntarily sign their names as evidence of their acceptance of its terms.

Employer Signature: ___________________________ Date: ____________

Employee Signature: ___________________________ Date: ____________

PDF Data

Fact Name Description
Purpose The Tennessee Non-compete Agreement is designed to protect a business's proprietary information and trade secrets by restricting employees from working for competitors for a specified period after leaving the company.
Governing Law This agreement is governed by Tennessee law, specifically under the Tennessee Code Annotated § 50-1-201, which outlines enforceability and restrictions on non-compete clauses.
Enforceability For a non-compete agreement to be enforceable in Tennessee, it must be reasonable in duration, geographical area, and scope of activity restricted.
Consideration In Tennessee, a non-compete agreement must be supported by valid consideration, meaning the employee must receive something of value, such as employment or training, in exchange for signing the agreement.
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