This Non-Compete Agreement is between a company and an employee. This agreement in effect sets out that employee agrees not to engage or participate in another company’s business which directly competes with present employer. It also sets forth the right to discharge employee if the terms are not complied with and the right to recover damages. This Non-Compete Agreement must be signed by the employer and accepted and agreed to by the employee.
Non-Solicitation Agreements are used to prohibit a former employee from soliciting your employees or customers. These agreements contain provisions regarding confidentiality about your company's trade secrets and the time frame in which the agreement will be in force.