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1. Parties: Identification of the employer (insurance company) and the agent
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement including confidential information, restricted business, territory
4. Scope of Restrictions: Detailed description of prohibited activities and competitive actions
5. Duration of Restrictions: Time period for which non-compete restrictions apply
6. Geographical Limitations: Physical boundaries where non-compete restrictions apply
7. Confidentiality Obligations: Protection of confidential information and trade secrets
8. Consideration: Compensation or benefits provided in exchange for non-compete restrictions
9. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Garden Leave: Provisions for paid leave during notice period to prevent immediate competition
2. Non-Solicitation of Employees: Additional restrictions on hiring or soliciting company employees
3. Training Compensation: Provisions for recovering training costs if agent breaches agreement
1. Schedule of Restricted Clients: List of specific clients covered by non-compete restrictions
2. Schedule of Restricted Products: List of insurance products covered by non-compete provisions
3. Schedule of Compensation: Details of any compensation provided for non-compete restrictions
4. Map of Restricted Territory: Visual representation of geographical restrictions
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