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.
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 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:
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:
Restrictions
The Employee agrees to refrain from the following activities during the term of this Agreement:
Exclusions
This Agreement does not prohibit the Employee from:
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: ____________
Notary Acknowledgement Tennessee - Supports legal and official procedures by documenting a signer's voluntary agreement and identity verification.
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