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Non Competition Non Solicitation And Confidentiality Agreement
"I need a Non Competition Non Solicitation And Confidentiality Agreement for a senior software engineer joining our Jakarta-based fintech startup in January 2025, with special focus on protecting our proprietary trading algorithms and customer data."
1. Parties: Identifies and provides details of the contracting parties
2. Background: Sets out the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement including 'Confidential Information', 'Competing Business', and 'Restricted Period'
4. Confidentiality Obligations: Details the obligations regarding confidential information, including use, storage, and protection requirements
5. Non-Competition Covenant: Specifies the scope, duration, and geographical limitations of non-compete obligations
6. Non-Solicitation Provisions: Covers restrictions on soliciting employees, customers, and business relationships
7. Duration and Territory: Specifies the time period and geographical area for which the restrictions apply
8. Return of Confidential Information: Procedures for returning or destroying confidential information upon agreement termination
9. Breach and Remedies: Outlines consequences of breach and available remedies including injunctive relief
10. Severability: Ensures remainder of agreement stays in effect if any provision is found invalid
11. Governing Law and Jurisdiction: Specifies Indonesian law as governing law and relevant jurisdiction for disputes
12. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement
1. Intellectual Property Rights: Additional provisions specifically protecting IP rights when confidential information includes IP
2. International Operations: Additional provisions for companies operating across multiple jurisdictions
3. Assignment and Succession: Provisions regarding transfer of rights and obligations, particularly relevant for corporate restructuring
4. Survival: Specifies which provisions survive termination of employment or business relationship
5. Data Protection: Special provisions for handling personal data under Indonesian data protection laws
6. Industry-Specific Provisions: Additional provisions required for regulated industries like financial services or healthcare
1. Schedule 1 - Confidential Information: Detailed list or categories of information deemed confidential
2. Schedule 2 - Restricted Activities: Specific activities, businesses, and operations covered by non-compete provisions
3. Schedule 3 - Restricted Customers: List of customers covered by non-solicitation provisions if applicable
4. Schedule 4 - Restricted Territory: Detailed description of geographical areas where restrictions apply
5. Schedule 5 - Group Companies: List of affiliated companies covered by the agreement if applicable
Authors
Technology
Financial Services
Manufacturing
Professional Services
Healthcare
Telecommunications
E-commerce
Research and Development
Pharmaceuticals
Consumer Goods
Energy
Mining
Media and Entertainment
Education and Training
Retail
Legal
Human Resources
Executive Leadership
Sales
Research & Development
Information Technology
Operations
Finance
Business Development
Product Development
Marketing
Customer Relations
Engineering
Strategic Planning
Chief Executive Officer
Chief Technology Officer
Senior Software Engineer
Sales Director
Business Development Manager
Research Scientist
Product Manager
Senior Consultant
Finance Director
Human Resources Manager
Operations Director
Project Manager
Account Executive
Technical Lead
Marketing Director
Department Head
Regional Manager
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