An Acquisition Non Compete Agreement is essential in M&A transactions under Singapore law where the purchaser needs to protect the value of their acquisition. This document establishes restrictions on the seller's ability to compete with the acquired business, typically including geographic limitations, time periods, and specific prohibited activities. It must be carefully drafted to ensure compliance with Singapore competition law while remaining enforceable. The agreement is particularly crucial when the seller possesses significant knowledge, relationships, or expertise that could threaten the acquired business's value if used competitively.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Acquisition Non Compete Agreement
"Need an Acquisition Non Compete Agreement under Singapore law for our purchase of a technology startup, restricting the founders from competing in Southeast Asia for 3 years after closing in March 2025, with specific focus on protecting our AI and machine learning intellectual property."
1. Parties: Identification and details of the contracting parties
2. Background: Context of the acquisition and reason for non-compete provisions
3. Definitions: Key terms used throughout the agreement including relevant legislation references to Competition Act, Contracts Act, and Companies Act
4. Scope of Non-Compete: Detailed description of prohibited activities and specific business restrictions
5. Duration: Time period for which restrictions apply, ensuring compliance with reasonable duration requirements under Singapore law
6. Geographic Scope: Territorial limitations of the restrictions, defined in accordance with Singapore competition law requirements
7. Consideration: Value provided in exchange for non-compete obligations, ensuring valid consideration under Singapore contract law
8. Remedies for Breach: Consequences and available remedies for violation, including injunctive relief and damages
1. Non-Solicitation Provisions: Additional restrictions on soliciting employees, customers, or suppliers - used when protecting against poaching of staff or clients
2. Confidentiality Obligations: Protection of confidential information and trade secrets - used when a separate confidentiality agreement is not in place
3. Assignment Rights: Rights to transfer obligations to other parties - included when transfer of rights might be needed in future
1. Schedule 1 - Restricted Business Activities: Detailed list of specific activities covered by non-compete provisions
2. Schedule 2 - Geographic Territories: Detailed description and maps of restricted territories
3. Schedule 3 - Key Employees: List of key employees subject to restrictions, if applicable
4. Schedule 4 - Consideration Details: Detailed breakdown of consideration provided for non-compete obligations
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Waiving Non Compete Agreement
A Singapore-governed agreement that releases an individual from existing non-compete obligations.
find out more
Simple Non Compete Agreement
A Singapore-law governed agreement that restricts post-employment competitive activities to protect business interests.
find out more
Non Hire Agreement
A Singapore-law governed bank document providing payment security in international trade transactions, subject to document compliance.
find out more
Non Compete Product Agreement
A Singapore-law governed agreement preventing competition regarding specific products, incorporating defined restrictions and protections.
find out more
Non Compete Non Solicitation Agreement
A Singapore-law agreement restricting post-employment competition and solicitation activities, subject to reasonable limitations and legitimate business interests.
find out more
Non Compete Clause Shareholders Agreement
A Singapore-law governed agreement restricting shareholders from competing with the company, subject to reasonable limitations.
find out more
Non Compete And Independent Contractor Agreement
A Singapore-law governed agreement establishing independent contractor terms and non-compete obligations.
find out more
Non Compete Agreement Buying A Business
A Singapore-law agreement preventing a business seller from competing with the sold business within specified time and geographic limitations.
find out more
Non Compete Agreement Business To Business
A Singapore-law governed agreement between businesses restricting competitive activities, subject to Competition Act requirements and common law principles.
find out more
Independent Contractor Agreement With Non Compete Clause
A Singapore-law governed agreement establishing independent contractor terms with non-compete provisions.
find out more
5 Year Non Compete Agreement
A Singapore-law governed agreement restricting competitive business activities for five years post-employment.
find out more
Non Compete Severance Agreement
A Singapore-law governed agreement providing severance benefits in exchange for post-employment competitive restrictions.
find out more
Consulting Non Compete Agreement
A Singapore-governed agreement restricting consultants from competing with their clients after engagement termination.
find out more
Non Compete Agreement Between Two Companies
A Singapore-law governed agreement restricting business competition between two companies within specified parameters.
find out more
Insurance Non Compete Agreement
A Singapore-governed agreement restricting competitive activities of insurance professionals post-employment.
find out more
Non Compete Agreement Selling Business
A Singapore-law agreement preventing business sellers from competing with their sold business, subject to reasonable restrictions under local competition laws.
find out more
Noncompete Agreement
A Singapore-law governed agreement restricting an employee's ability to compete with their former employer for a specified period post-employment.
find out more
Non Compete Agreement After Resignation
A Singapore-compliant agreement restricting former employees from competing with their previous employer for a specified period post-employment.
find out more
Non Compete Letter To New Employer
A Singapore-compliant letter to new employers declaring existing non-compete obligations and seeking acknowledgment of compliance.
find out more
Salon Non Compete Agreement
A Singapore-compliant agreement restricting salon professionals from competing with their former employer within specified parameters.
find out more
Non Solicitation Agreement Between Two Companies
A Singapore-law governed agreement preventing one company from soliciting employees, clients, or business relationships from another company.
find out more
International Non Compete Agreement
A Singapore-law governed agreement restricting cross-border competitive activities between an employer and departing employee.
find out more
Non Compete Agreement For Sales Representative
A Singapore-law governed agreement restricting sales representatives from competing with their former employer for a specified period and within defined territories.
find out more
Non Compete Agreement Between Business Partners
A Singapore-law governed agreement that restricts competitive activities between business partners, protecting legitimate business interests while maintaining reasonable limitations.
find out more
Letter Of Non Solicitation
A Singapore-governed formal document that restricts the solicitation of employees, clients, or customers from a business.
find out more
Non Solicitation Agreement For Independent Contractors
A Singapore-compliant agreement preventing independent contractors from soliciting a company's clients, employees, or business relationships.
find out more
Non Compete Partnership Agreement
A Singapore-law governed agreement establishing non-compete obligations between business partners, defining competitive restrictions and protecting business interests.
find out more
Non Solicitation Agreement
A Singapore-law governed agreement preventing solicitation of employees, customers, or suppliers, protecting legitimate business interests.
find out more
Standard Non Compete Agreement
A Singapore-compliant agreement restricting former employees from competing with their employer for a specified period post-employment.
find out more
Non Compete Contract
A Singapore-law governed agreement that restricts an individual from competing with their former employer within specified time and geographic limits.
find out more
Complete Agreement
A Singapore-law governed Complete Agreement that consolidates all terms between parties into a single, definitive document.
find out more
Acquisition Non Compete Agreement
A Singapore-law agreement restricting post-acquisition competitive activities by sellers.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.