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34 Luxury Non Compete and Non solicitation Agreement
. what is a non pete agreement in hr a non pete agreement is a written legal contract between an employer and employee the non pete agreement lays out binding terms and conditions about the employee s ability to work in the same industry and with peting organizations upon employment termination from the current employer non solicitation agreement deutsch Übersetzung – linguee the wording of a non solicitation clause could for instance be "the parties cannot employ or seek to employ the employees of the other party for a time period of up to 12 months after the termination of this agreement non pete clause in contract law a non pete clause often ncc or covenant not to pete cnc is a clause under which one party usually an employee agrees not to enter into or start a similar profession or trade in petition against another party usually the employer non petition and non solicitation agreements for adequate consideration for a covenant not to pete varies from case to case courts generally agree that consideration is adequate when for example the agreement was executed as a condition of and in consideration of hiring or in exchange for payment non solicitation agreements in business contracts a non solicitation agreement restricts an individual usually a former employee from soliciting either a employees or b customers of a business after leaving the business