General Noncompete Agreement
1. Introduction This agreement («Agreement») is made and entered into as of between Jeffrey Jones («Employee») and Weatherman Time, Inc, an Ohio corporation
(«Company»).
2. Purpose Company is in the business of [Company's Business].
Company would like to employ Employee as its vice president. Employee's duties will include, but will not be limited to, [Employee's duties]. In exchange for Company employing Employee and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Company and Employee agree as follows: 3. Acknowledgment of Al Will Employment Employee acknowledges that his or her employment with Company is at will and that Company may terminate Employee at any time for any reason.
4. Nondisclosure of Confidential Information
5. Noncompetition Employee agrees that in order to protect the Confidential Information described above, while Employee is employed by Company, and for a period of six (6)
months
thereafter (collectively, the «Term»), Employee shall not:
6. Nonsolicitation While Employee is employed by Company, and for a period of Length of one (1)
year
thereafter, Employee shall not:
7. Right to an Injunction Employee acknowledges that his or her services to Company are special and unique and that, while performing these services. Employee will have access to and Company may disclose to Employee the Confidential Information described above. Employee also acknowledges that his or her position in Company will place him or her in a position of confidence and trust with employees, clients and customers of Company.
If Employee breaches or threatens to breach any of the provisions of Sections 4.. 5. or 6. of this Agreement, Company will sustain irreparable harm. Company shall be entitled to an injunction to stop any breach or threatened breach of this Agreement, including the provisions of Sections 4.. 5. or 6.. Employee acknowledges that monetary damages would not adequately compensate Company for any breach or threatened breach of these sections and agrees that if Company seeks injunctive relief to put an immediate halt to the offending conduct. Employee shall not claim that monetary damages would not be an adequate remedy.
8. Reasonable Restrictions; Survivability Employee acknowledges that the restrictions in Sections 4.. 5. or 6. of the Agreement are reasonable and necessary for the protection of Company, its business and its Confidential Information. This Agreement shall survive the termination, for any reason, of Employee's employment with Company.
9. Severability If a court determines that any provision of this Agreement is invalid or unenforceable, any invalidity or unenforceability will affect only that provision and shall not make any other provision of this Agreement invalid or unenforceable. Instead, the court shall modify, amend or limit the provision to the extent necessary to render it valid and enforceable.
10. Applicable Law This Agreement shall be governed by and construed in accordance with the laws of the State of Ohio.
11. Entire Agreement This is the entire agreement between the parties. It supersedes and replaces any and all prior oral or written agreements between Company and Employee that relate to the matters covered by this Agreement.
12. Assignment; Binding Effect
This Agreement binds Company's successors and assigns, and Company may assign this Agreement to any party at any time, in its sole discretion, without Employee's consent. This Agreement binds Employee's heirs, successors and assignees. Employee shall not assign any of Employee's rights or obligations under this Agreement without Company's prior written consent.
13. Waiver If Company waives any term or provision of this Agreement, that waiver shall only be effective in the specific instance and for the specific purpose for which Company gave the waiver. If Company fails to exercise or delays exercising any of its rights or remedies under this Agreement. Company retains the right to enforce that term or provision at a later time.
14. Amendment This Agreement may only be modified, changed or amended in writing, and such writing must be signed by both parties.
15. Counterparts The parties may execute this Agreement in counterparts, each of which shall be considered an original, and all of which shall constitute the same document.
IN WITNESS WHEREOF, the parties have executed this Agreement as of 4th day of April, 2019.
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