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Release Of Non Compete Agreement
"I need a Release of Non-Compete Agreement to free our former Senior Software Developer from their non-compete restrictions, as we've agreed to let them work for a competitor in exchange for maintaining certain confidentiality obligations regarding our proprietary code."
1. Parties: Identification of the employer and employee
2. Background: Reference to original employment agreement and non-compete provisions
3. Definitions: Key terms used in the agreement
4. Release: Core provision releasing the employee from non-compete obligations
5. Consideration: Statement of consideration for the release
6. Governing Law: Specification of Singapore law as governing law
7. Execution: Signature blocks and execution details
1. Surviving Obligations: Specifies any obligations that continue despite the release
2. Confidentiality: Maintains confidentiality obligations separate from the non-compete release
3. Return of Property: Requirements for returning company property if not addressed elsewhere
1. Original Non-Compete Provisions: Copy of the original non-compete clauses being released
2. List of Continuing Obligations: Details of any obligations that survive the release
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