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Non Compete Solicitation Agreement
"I need a Non Compete Solicitation Agreement under Austrian law for our departing Chief Technology Officer who will leave in March 2025, with special focus on protecting our AI technology intellectual property and preventing solicitation of our technical team members."
1. Parties: Identification of the contracting parties, including full legal names and addresses
2. Background: Context of the agreement, including the nature of the previous employment or business relationship
3. Definitions: Key terms used throughout the agreement, including 'Confidential Information', 'Competing Business', 'Territory', and 'Restricted Period'
4. Non-Compete Obligations: Detailed restrictions on competitive activities, including specific prohibited activities, geographical scope, and duration (maximum 1 year under Austrian law)
5. Non-Solicitation of Customers: Restrictions on approaching or dealing with customers or potential customers of the company
6. Non-Solicitation of Employees: Restrictions on recruiting or attempting to recruit company employees
7. Compensation: Details of compensation provided for the non-compete obligations (mandatory under Austrian law)
8. Duration and Territory: Specific timeframe and geographical scope of the restrictions
9. Confidentiality Obligations: Obligations regarding the protection and non-disclosure of confidential information
10. Acknowledgments: Statements confirming the reasonableness and necessity of the restrictions
11. Remedies: Legal remedies available in case of breach, including injunctive relief and damages
12. General Provisions: Standard clauses including governing law, jurisdiction, severability, and entire agreement
1. Garden Leave: Provisions for paid leave during notice period - include when dealing with senior executives or high-risk employees
2. Post-Termination Assistance: Requirements for transition assistance - relevant for key personnel or technical roles
3. International Scope: Additional provisions for cross-border enforcement - include when restrictions apply across multiple jurisdictions
4. Industry-Specific Restrictions: Detailed restrictions specific to particular industries - include for regulated industries or specialized sectors
5. Training Cost Reimbursement: Provisions for recovering training investments - include when significant training costs are involved
6. Customer List Protection: Specific provisions protecting customer relationships - include for client-facing roles
7. Intellectual Property Protection: Additional IP-related restrictions - include for technical or creative roles
1. Schedule 1 - Restricted Territory: Detailed definition of geographical areas covered by restrictions, including maps or specific boundary descriptions
2. Schedule 2 - Compensation Schedule: Detailed breakdown of compensation for non-compete obligations, including payment terms and conditions
3. Schedule 3 - Restricted Customers: List of specific customers covered by non-solicitation provisions (if applicable)
4. Schedule 4 - Competing Businesses: Detailed list of businesses or activities considered competitive
5. Appendix A - Confidential Information: Detailed description of information considered confidential under the agreement
6. Appendix B - Acknowledgment Form: Form for periodic acknowledgment of ongoing compliance with restrictions
Authors
Technology
Professional Services
Financial Services
Healthcare
Manufacturing
Retail
Consulting
Pharmaceuticals
Software Development
Telecommunications
Engineering
Research and Development
Sales and Marketing
Business Services
Biotechnology
Sales
Business Development
Research and Development
Engineering
Product Development
Client Services
Executive Leadership
Marketing
Technical Operations
Customer Success
Professional Services
Account Management
Strategic Planning
Information Technology
Client Relations
Chief Executive Officer
Chief Technology Officer
Sales Director
Senior Software Developer
Account Manager
Business Development Manager
Research Scientist
Product Manager
Technical Lead
Senior Consultant
Financial Advisor
Regional Sales Manager
Head of Engineering
Marketing Director
Client Relations Manager
Senior Project Manager
Operations Director
Department Head
Technical Specialist
Senior Account Executive
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