The Non-compete Agreement is for cases when an employee is asked to not directly compete with the business while still employed with the business in ways such as providing the same services outside of the business, or soliciting business clients and customers for the interests of a third party.
When onboarding a new employee have them sign this in addition to any other onboarding agreements.
Applicants can add this to their employee handbook if the application requires you to submit an employee handbook with the application and if the page limit set by the application allows for the addition of this agreement.
This document will not likely need any regulatory citations, so this keyword section is not needed. If you want to search for rules pertaining to this agreement so you can add wording to the document that is specific to the regulations, look for words such as:
Search for each of the bolded terms in the Employee Non-compete Agreement sheet, including the brackets. Do a "replace all" and insert the pertinent information needed to replace the term. The description underneath each bolded term below tells you what information should replace the bolded term. For instance, you would use the search feature in your document editing software to look for [Company *1] and then using the replace all feature, replace [Company *1] with your company name.
Replace with the company name.
Replace with the name of the state where the company is located.
Replace with the name of the representative that will be signing the agreement
Replace with the role title of the company representative who will be signing the agreement
We suggest that you read through the sheet and make any additional edits or additions that you see fit.
You likely will not need to rename this document, except if you add it to the employee handbook in which case the agreement would be found in and "agreements" section in the Employee Handbook.