The Consulting Non Compete Agreement is essential for organizations in Singapore seeking to protect their business interests when engaging external consultants. This document becomes particularly relevant when consultants gain access to sensitive information, key client relationships, or proprietary methodologies. Under Singapore law, such agreements must balance the protection of legitimate business interests with reasonable restrictions on trade. The agreement typically includes specific provisions about restricted activities, temporal and geographical limitations, and consideration provided to the consultant in exchange for these restrictions.
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Key Requirements PROMPT example:
Consulting Non Compete Agreement
"I need a Consulting Non Compete Agreement for a senior technology consultant in Singapore who will be working on our AI development project, with a 12-month restriction period starting from March 2025 and covering the APAC region."
1. Parties: Identification and details of the consulting company/individual and the client
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used tHRoughout the agreement including defined territory, business, and restricted activities
4. Scope of Non-Compete: Detailed provisions specifying prohibited activities, industries, and roles during and after the consulting engagement
5. Duration: Specific time period for which the non-compete restrictions will remain in effect
6. Geographic Scope: Clear definition of territorial limitations where restrictions apply
7. Consideration: Specific value or compensation provided in exchange for non-compete obligations
8. Acknowledgments: Consultant's confirmation of reasonableness of restrictions and receipt of independent legal advice
9. Remedies: Available remedies in case of breach, including injunctive relief
10. General Provisions: Standard clauses including governing law, jurisdiction, and severability
1. Non-Solicitation: Additional restrictions on approaching clients, employees, or suppliers of the company
2. Confidentiality: Provisions protecting confidential information when not covered by a separate NDA
3. Garden Leave: Provisions for paid non-working period applicable to high-level consultants
4. Post-Termination Obligations: Additional obligations beyond basic non-compete restrictions
1. Schedule 1 - Restricted Activities: Comprehensive list of specific activities, roles, and functions prohibited under the agreement
2. Schedule 2 - Restricted Territories: Detailed list of geographic areas where restrictions apply, including specific countries, regions, or radius from business locations
3. Schedule 3 - Consideration Details: Detailed breakdown of compensation, benefits, or other consideration provided in exchange for non-compete obligations
4. Schedule 4 - Key Clients: List of specific clients or client categories covered by non-solicitation provisions (if applicable)
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